Gestigon bought up by French car supplier
The Lubeck-based startup Gestigon was bought up by the French car supplier Valeo. The startup, which offers a software that detects drivers’ gestures, will now be used by Valeo for self-driving cars. Neither company shared the acquisition price.
Solarisbank raises €26 million, expands to Asia
The Berlin-based FinTech Solarisbank announced closing a €26 million ($27.6 million) Series A round. SBI Group, a Japanese FinTech investor and Bertelsmann via Arvato Financial Solutions, joined previous investors Finleap, Hegus and Yabeo in the recent funding round. Solarisbank’s CEO, Roland Folz, told Gründerszene that the startup plans to use this money to expand to Asia in 2018.
E-bike startup Fazua raises €3 million
The Munich-based electric bike startup Fazua announced raising €3 million in a Series B round. Investors included High-Tech Gründerfonds, Bayern Kapital and several business angels.