Maschmeyer invests in Orderbird

10 May

  Orderbird raises “Millions” Through his personal investment fund ALSTIN Carsten Maschmeyer upped his investment in Berlin based start up Orderbird and bought an additional 24.800 stocks and therefore now owns over 30% of the stocks. He invested an undisclosed sum that is expected to be in the millions.  Orderbird offers cashier systems for restaurants that [...]

1 million dollar baby Amen

29 Mar

Amen 1.2

  Amen raises $1 m Amen, the much hyped Berlin based start up with it’s famous investor Ashton Kutcher, just recently announced another financing round by Sunstone Capital and has now raised nearly $3 million overall – quite a respectable sum. According to Petersen, the CEO of Amen, this financing round should cover the next [...]

Wellington Partners and Business Angels invest in Bonusbox

28 Mar

Bonusbox Logo

  BonusBox with significant funding BonusBox, a Berlin-based Social Commerce provider, recently closed a ’7 digit’ financing round from Wellington Partners and several well known Business Angels (amongst them myself). BonusBox is a social commerce plattform with a focus on generating sales through Facebook. In their first year, BonusBox, which was founded in the spring [...]

New Incubator in Berlin: M Cube

14 Mar

  New Incubator:  first and foremost: I am sorry for not posting as often recently. Why? Cause I just launched my incubator. So this post is news and personal at once – and I promise to be more active now that the initial hectic starting phase is over. OK, to my incubator. She’s called M [...]

Delivery Hero buys Lieferheld!

29 Feb

  Consolidation in German delivery market Delivery Hero, a German food and take away delivery company, just announced that it bought Lieferhelden, a German competitor. The aquisition only makes sense: Delivery Hero can now fully focus on their international expansion (currently they are active in Germany, Australia, Mexico, Russia and Switzerland) whilst Lieferheld will concentrate [...]

more bad news (coverage) for Samwers

20 Feb

  “no fun” to work at Groupon After recent reports of the harsh management style of the Samwer brothers there is more bad news: Employees from Groupon Germany leaked emails in which they were threatened to be “stripped” of their director titles if they didn’t deliver on their tasks. Other employees report on a “no [...]

Y Combinator backs German startup Popset

17 Feb

  Pop goes Y Popset (formerly called Eeve), a picture sharing app where you can generate group picture folders on the fly, was just accepted at Y-Combinator. Along with invaluable input they also received 20.000 $ and a further 150.000 $ after successful completion of the Y-Programm – and they will be able to present [...]

Orderbird win “enable2start” competition

8 Feb

  50.000 EUR for startup Orderbird Each year the Financial Times Germany (FTD) brings together a jury of business VIPs (this year among them Lars Hinrichs, founder of Xing and head of the incubator hackFwd) to cast their vote on several young and promising companies (not all of them internet based business models, actually most [...]

Samwers and the billion Dollar questions

6 Feb

  How to raise 1 billion dollars As the German Magazine “Focus” reported today, the Samwer brothers are still trying to raise 1 billion USD in order to “keep up” with the US development of Internet based business models. However, after a flood of press coverage concerning the management style as well as a publicly [...]

myTaxi raises €10 million

23 Jan

mytaxi

  myTaxi raises €10 million from car2go and Hinrichs myTaxi, a German Taxiapp similar to uber in the states, has just received a big financing round: car2go, a subsidiary of Daimler, and Xing founder Lars Hinrichs invested alongside previous investors T-Venture (Telekom) and KfW. Car2go now owns 15% of mytaxi. myTaxi claims to be Europe’s [...]