Urban Sports Clug acquires
By acquiring the wellness startup Somuchmore 18 month ago, Rocket Internet wanted to expand fast to several cities. Today, it announces the company to Urban Sports Club to unite the companies. Both will continue under Urban Sports Club’s brand.
Movinga raises Series C round
The Berlin-based moving platform Movinga made headlines this summer, due to an intense burn-rate: The founders left the company amid unsubstantiated allegations of impropriety, and laid off a quarter of its staff. On Thursday, Movinga announced a €17 million Series C round. The investment came from existing investors: Rocket Internet’s Global Founders Capital, Earlybird Venture Capital and STS Ventures. New investors are Carlo Koelzer, the founder of 360t, and Gert Purkert, founder and CEO of Aurelius.
Lillydoo raises several million Series A round
Lillydoo, a diaper subscription startup, raised a seven-digit amount in its Seed round back in 2015. On Thursday, the startup closed a Series A round. Just to name some of the investors: Florian Heinemann, from Project A ventures, Amorelie founders Lea-Sophie Cramer and Sebastian Pollok, as well as Fraconi’s Bjoern Korbmueller and Paul Schwarzenholz, eWings founder Thilo Hardt and eDarling founders Lukas Brosseder and David Khalil – and the list goes on! The company plans to use the new cash to expand to Switzerland and develop new products.
Sauce Labs acquires TestObject
The San Francisco-based startup Sauce Labs bought up TestObject, a startup that helps test mobile apps on Android and iOS, Thursday. TestObject will reportedly be integrated into Sauce Labs own desktop and operating systems testing software. Financial details remained undisclosed.
Trivago files for IPO
The Dusseldorf-based hotel booking site Trivago will file for a U.S. IPO and expects shares to be between $13 to $15. In total, that makes a $428 million offering. The company’s mission is to “be the traveler’s first and independent source of information for finding the ideal hotel at the lowest rate.” Platform visitors have access to 1.3 million hotels in over 190 countries.
GastroHero raises eight digit amount
GastroHero, a three-year old startup near Dortmund, is in the B2B sector for restaurant and gastronomy. Today the startup announced it has received an investment from Genui, a Hamburg-based VC. The eight-digit amount will be used to grow internationally. Further details remain undisclosed.
Volkswagen announces new mobility brand
The Berlin-based auto-manufacturer Volkswagen (VW) announced a new label Monday, under which they will gather all of their mobility services, including car sharing options and self-driving shuttles. The brand, Moia, will first launch in Germany, but the company hopes to expand across Europe soon.
Lilium Aviation raises €10 million
The Munich-based startup Lilium Aviation wants to build a flying car and announced Monday that Atomico, an international technology investment firm headquartered in London, provided €10 million to help them do just that. The flying car, which still looks more like a plane, would take off and land vertically. In 2015, the team raised a seed round from E42, Frank Thelen’s investment arm; the European Space Agency (ESA) also invested in the startup. The company said the first test flights are set to take place in early 2017.
[TechCrunch], [Gründerszene] (German)
DuMont acquires majority of Facelift
The German media publisher DuMont acquired 75 per cent of Facelift’s shares Monday. Facelift, a Hamburg-based startup, provides social media marketing software; It’s main product is the Facelift Cloud, which organizes social media advertising for brands and agencies. More details on the acquisition have not been shared.