Online auction house Auctionata reports 195% growth and 1st positive EBITDA

Auctionata-logo-2015The Berlin-based online auction house Auctionata has completed the first half of the year 2015 with a growth of 195% (in GMV – Gross Merchandise Value) compared to the same period in 2014. Only two years after launching weekly livestream auctions, Auctionata is now Germany’s biggest auction house both in terms of revenue and size of staff. About 80% of the GMV was generated in the livestream auctions, while the online shop and private sales contributed the remaining Continue reading

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Busuu secures €6 Million from McGraw‐Hill Education

busuu-logo-newBusuu, one of the world’s largest social networks for language learning with over 55 million users, today announced that McGraw-Hill Education, a learning science company, acquired a minority stake of busuu for €6 million. The deal also authorises McGraw-Hill exclusive global rights to distribute busuu to its B2B customers, including schools, private language institutions and corporations. With the global market for language instruction Continue reading

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Medtep raises $2M to fuel future growth and international expansion

Medtep-2015Medtep, a cutting-edge online solution that brings digital therapeutics to disease prevention, treatment and wellness, announced today it has raised $2 million in seed funding. The funding round has been led by the Mexican Investment Fund Stella Maris Partners with the participation of other American and Spanish investors and business angels. The startup will use the fresh capital to ensure its internationalization strategy, focusing on the USA, LatAm and Europe.

Medtep was founded in 2011 in Barcelona. I met the founders twice. The first time was right after they had started. I was impressed by their expertise and ambitions and quite sure they’re on their road to success! A few weeks ago the team moved to San Francisco and celebrated its 4th birthday. Continue reading

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Pitch University helps you improve your pitch to investors (Sponsored)

Ptich-University-logoPitch University is here! Storytelling is imperative for an effective pitch, and Joachim Günster has the background and experience to create the memorable stories every startup needs. Utilizing his new YouTube channel, the StorySculptor is now helping startups around the world improve their pitches for investors.

Investors are human, just like anyone else, and humanity has used stories to captivate audiences and disseminate information Continue reading

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Equity crowdfunding deals of June: e-commerce disruptor, incubation partner for SMEs, robotic fulfillment solution

Crowdfunding-2015Equity crowdfunding is an innovative way to raise capital or invest in young companies, often along with experienced angel investors. This alternative funding opportunity is increasingly becoming sexy also in Europe. Below I feature some campaigns that I liked in June. (Note: This is no investment recommendation, make your own judgement before/if you invest). Continue reading

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STARTUP SCALEUP acceleration program – a great opportunity for IoT startups

Startup-Scaleup-logoSTARTUP SCALEUP is an acceleration program for startups out of the “Internet of Things”-sector (IoT). The program helps European startup teams whose objective is to facilitate both internationalization and funding.

STARTUP SCALEUP is funded by the European Union (Startup Europe initiative) and is completely free for the entrepreneurs. The acceleration program, which takes 6 months, provides Continue reading

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Munich-based Neokami raises $1.1m to revolutionise the AI economy

Neokami-logoNeokami, a Munich-based artificial intelligence startup has announced a seed investment of $1.1 million from angel investors Josef Brunner and Tom Noonan. The fresh capital will enable Neokami to invest in the growth of its developer community, helping to build further applications that are “powered by Neokami”.

Using a range of powerful self-learning algorithms, Neokami aims to transform the way in which big businesses approach a range of complex problems Continue reading

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The 15 hottest European fintech startups in 2015

Fintech-StartupsIn the last decade, there were a bunch of really successful fintech companies that started in Europe. Companies like Klarna, Adyen or Transferwise (to name just a few) changed the way we do payments or the way we transfer money overseas.

By pursuing radical new concepts, these fintech startups became some of Europe’s most valuable companies within just a few years.

The financial technology sector is hot, the summer heat is on, so let’s look at Europe’s hottest fintech startups in 2015. In order to present you the “next wave” of Europe’s fintech disruptors, we scanned the market for the most promising Continue reading

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Top deals seen in Central and Eastern Europe in June

Euro-DealsHere is my list of some interesting deals from Central and Eastern Europe (CEE), seen in June. Often overlooked by big US and Western European investors, the region offers many good deals, at much cheaper valuations compared to the US market.

Russian oligarch Roman Abramovich continues investing in Israel. After an investment into equitz crowdfunding Continue reading

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Helpling acquires to form the world’s biggest home-cleaning marketplace

Helpling-acquires-HassleHelpling, Rocket Internet’s on-demand home services platform, officially announced today the acquisition of, the European pioneer of this business model and market leader in the UK. According to our colleagues at, Helpling has dropped €32 million on the acquisition. After this move, Helpling now seems to be the leader for online booking of household services outside the U.S.

Helpling, which was founded in 2014, enables customers to book a local, vetted cleaner online or via a smartphone app. This means people no longer have Continue reading

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