Deutsche Bank has acquired a roughly 4.9 percent stake in Hamburg-based fintech startup Deposit Solutions, which counts Peter Thiel, Greycroft, Kinnevik and e.ventures among its earlier backers. Neither company disclosed the exact terms and volume of the investment, but Handelsblatt reported earlier this morning that the deal gives Deposit Solutions a valuation of around €1 […]
Munich-based Holidu announced €40 million of Series C funding to expand its signature software-and-service products for the vacation rental market. The round was led by Prime Ventures, with support from coparion and MairDuMont Ventures. All previous investors participated in the round, as well: EQT Ventures, Venture Stars, Senovo, and Chris Hitchen. Holidu’s first solution for […]
The AI startup e-bot7 has secured €5.5 million in financing for further growth by the investors RTP Global, 42CAP, Main Incubator (early-stage investor of the Commerzbank Group), and a renowned business angel. With the new capital, the startup will further expand its position in the European market, by investing in both its technology and business […]
This week, Natalie Novick and Andrii Degeler discuss fresh funding for Klarna, the “substantial” extension of FlixMobility’s latest round, a startup that makes money by fishing e-scooters out of Seine, the Molengeek project, and much more. The interview of the week is a conversation with Klarna’s Sebastian Siemiatkowski recorded at last year’s TOA conference in Berlin.
PaulCamper, a sharing platform for renting and lending RVs, has closed a Series A financing round of €7 million. The round was led by Adevinta with participation from FJ Labs and All Iron Ventures as well as existing investors Russmedia International and MAIRDUMONT VENTURES. RV owners can rent out their motorhomes, trailers, and campervans on […]
Heidelpay, a payment processing provider for online shops and marketplaces, and its majority shareholder AnaCap Financial Partners, have reached an agreement with investment firm KKR, which will acquire a majority stake in the German payments group for more than €600 million, as reported by the Financial Times. The founder and CEO of heidelpay, Mirko Hüllemann, […]
Berlin-based proptech Seniovo receives €2 million in a Series A financing round led by PropTech1 Ventures and IBB Beteiligungsgesellschaft. The startup, which helps people in need of care with age-appropriate and barrier-free reconstruction of their apartments and houses, will use the capital for further growth and digitalisation of its processes. Today, almost a billion people […]