Fitness app 8fit gets in shape with $2.5 million in new funding

There’s no question that health and fitness is a hot technology sector right now. Not only are giants like Microsoft, Apple or Google showing increasing interest in the area, but a wide range of startups are also offering consumers a way to stay in shape and, most importantly, keep track of their efforts and exercise […]

Axel Springer and ProSiebenSat.1 outed as anchor investors in Lakestar’s new €350 million fund

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 […]