German e-bike startup Fazua raises €3 million Series B

Munich-based Fazua, the developer of a new type of e-bike motor, has successfully completed a €3 million Series B financing round. Investors included long-standing shareholders High-Tech Gründerfonds (HTGF), Bayern Kapital and five private investors as well as a new stakeholder, entrepreneur Rolf Nied.

German loyalty marketing startup Loyalty Prime secures €1.5 million

German company Loyalty Prime, an SaaS loyalty platform provider, secured €1.5 million in Series A funding. The investment comes from Senovo, Unternehmertum Venture Capital (UVC) and angel investor Alexander Bruehl. The company plans to use the new funding to rapidly grow their business across Europe, North America and Asia.