German adtech startup PrintPeter offers free printing for students and raises €1.1 million

German startup PrintPeter has come up with an idea to offer students free printing – in exchange for advertising on their pages. The startup has received €1.1 million from business angels including founders of the career platform Employour Daniel Schütt and Stefan Peukert, Dieter Dahlhoff, a professor at the University of Kassel. Former managing directors of social networking platform StudiVZ, Michael Brehm and Thomas Baum, also participated in the round. PrintPeter now has a valuation of over €5 million.

UK-based Cocoon raised £2.46 million on Crowdcube for its smart home security device

UK-based smart home security startup Cocoon has closed a round on Crowdcube, raises £2.46 million in funding from almost 1,100 investors. The company launched the equity crowdfunding initiative last month, with a goal of £2 million. Cocoon had previously raised a round of $253,000 from Indiegogo for its home security system in 2014, and in 2015 the company raised £2.4 million from Aviva Ventures and Breed Reply.

German digital health insurer Ottonova raises €15 million

Ottonova, Germany’s first online insurance provider, has received an investment of €15 million from Holtzbrinck Ventures, Vorwerk Ventures, Tengelmann Ventures, b-to-v and STS Ventures, reports Deutsche Startups. Tengelmann Ventures contributed €4 million in the insurtech company.

German IoT platform Cumulocity acquired by Software AG for undisclosed sum

Cumulocity, a German IoT platform, has been acquired by Software AG. The terms of the deal have not been disclosed. The acquisition will boost Software AG’s position in the Internet of Things space, the firm said in a statement. Cumulocity develops a cloud-based IoT platform for managing devices and the data they collect. The two […]

Employee engagement platform Peakon raises €6.1 million

Peakon, a “people analytics company”, has raised €6.1 million from EQT Ventures with participation from IDInvest, Sunstone, and Tommy Ahlers. Peakon’s SaaS platform automates employee feedback and applies machine learning techniques to sort and determine problems and solutions. The company is based in London and Copenhagen with a US office in North Carolina. It plans […]