Fineartmultiple, a Lucerne/Berlin-based online platform for contemporary art collectors, has secured a Series A funding round from - and sold a minority stake to - German media company ProSiebenSat.1 Media at an undisclosed amount in cash and media for equity, Tech.eu has learned. The art platform, which is owned and run by Swiss startup studio […]
Lakestar, the VC firm started by super investor Klaus Hommels, recently announced its new €350 million fund, Lakestar II. Today, two German media giants, Axel Springer and ProSiebenSat.1 Media, revealed themselves to be ‘anchor investors’ in the new fund with a “combined medium double-digit million EUR amount” (German funding vagueness at its finest). Lakestar II […]
Like any other accelerator, German media conglomerate ProSiebenSat.1 gives startups a chance at seed funding, office space and whatnot. But they also receive a shot at millions of euros in TV ads.