The #DealMonitor, our overview of investments and exits, offers all deals of the day on working days. Today it’s about Urbyo, Sparetech, iDWELL, Fixposition, Blue Farm, Energiekoppler, Webgears and Sparheld.de, Scanmarket and Symfact as well as Multiple Capital
In the current #DealMonitor for October 28th we take another look at the most important, most exciting and most interesting investments and exits of the day in the DACH region. All deals from the previous days are available in the large and clear #DealMonitor archive.
INVESTMENTS
Urbyo
+++ Now official: June, the Berlin financier, behind which, among other things, Google board member Philipp Schindler is, is investing – as reported in the insider podcast in May – in Urbyo. “We have just raised a 5+ mn USD Series Seed led by Zigg Capital with participation by June Fund, Entrée Capital, and an all-star team of angels and entrepreneurs”, writes founder Philipp Schormann at Linkedin. The Berlin startup takes care of “the operation of Internet portals and services for customers who are active on the Internet”. Urbyo is driven by Philipp Schormann, Markus Fasselt and Oliver Wulf. The team had previously built up the German contract agency and sold it to Bosch.
Sparetech
+++ Now official: The Berlin financier Headline (formerly known as e.ventures), the former Klöckner boss Gisbert Rühl, Pitch founder Christian Reber, BCG Digital Ventures maker Stefan Gross-Selbeck and Staffbase founder Martin Böhringer are investing – as already reported in the insider podcast at the beginning of October – 5 million euros in Sparetech. The Stuttgart-based company is developing “a collaboration platform on which manufacturing companies can digitize their inventory of spare parts, manage requirements, compare spare parts from different suppliers and order suitable parts”. The company was founded in 2018 by Martin Weber and Lukas Biedermann.
iDWELL
+++ The London financier Flashpoint and the Swiss family office Wecken & Cie. and the old investors are investing a mid-seven-digit sum in iDWELL. The Viennese startup, founded by Alexander Roth in 2017, is positioning itself as a digital platform for property management companies. “In 2022, the iDWELL team should grow from currently 25 to 80 employees. The focus will be on the further development of the integrated marketplace ”, announces PropTech.
Fixed position
+++ Cultivation Capital, G&M Capital, Hasler Foundation, MiraclePlus, Momenta and True Ventures are investing US $ 5.95 million in a fixed position. The spin-off from the Swiss Federal Institute of Technology (ETH) in Zurich, which was founded by Zhenzhong Su, Lukas Meier, Tonio Gsell and Lorenz Meier, produces real-time navigation systems – for self-driving cars, robots or industrial drones.
Blue Farm
+++ The day after tomorrow Ventures, Saxovent Smart Eco Investments, the Clima Now Foundation and angel investors are investing a seven-figure sum in Blue Farm. The food startup from Berlin relies on oat drinks that you can mix yourself. The startup offers “only the oat base, the soluble oat extract. Only in the hands of the consumer and mixed with plain tap water is the coveted oat drink created within 10 seconds ”. Blue Farm was founded by Philip von Have and Katia Helf. Blue Farm was already a guest on our pitch podcast in May.
Energy coupler
+++ The Technologiegründerfonds Sachsen (TGFS) and the energy supplier LEAG invest in energy couplers. The Dresden startup, which was founded in 2018 by Irina Weiß, Tobias Heß and Jens Werner, relies on “the flexibility plant, a new form of virtual power plant that enables the economic integration and operation of small energy systems in particular”. As part of the investment round, the two investors secure 15% in the company.
MERGERS & ACQUISITIONS
Sparheld.de
+++ The Austrian Webgears Group, which includes voucher collectors, takes over the Berlin company Sparheld.de. “The acquisition allows us to grow, develop further in our target markets and penetrate further into the French market,” the company announced. Sparheld.de was founded in 2009 by Henning Kruthaup as MeinGutscheincode.de and currently operates voucher services in five countries – for example in Germany and France. The Springer subsidiary idealo joined Sparheld.de as early as 2011.
Symfact
+++ The Danish software company Scanmarket, which offers procurement solutions, is taking over Symfact, a provider of contract and compliance management software. „Scanmarket will expand its presence in the DACH region with the help of the branches and sales staff of Symfact in Switzerland and thereby strengthen the markets in Germany, Austria and Switzerland,“ the company announced. Symfact is based in Sugiez-Bern in Switzerland and has 22 employees.
VENTURE CAPITAL
Multiple capital
+++ The Fond of Fonds-Kapitalgeber Multiple Capital, which was founded by Ertan Can in 2018, is launching its second fund, in which there are 20 million euros. „Since launching its first fund Multiple Capital’s funds have performed top decile in the fund of funds and Venture Capital industry benchmarks and hold an indirect portfolio that includes 1 decacorn, 10 unicorns, and over 50 outliers valued at more than $ 100 million. The first generation achieved this result by placing capital commitments into 10 European rising seed investors who now mostly have become household names in the industry, ”said the donor, who invests in other venture capitalists. With the announcement of the second fund, Michael Jackson joins Multiple Capital as a venture partner. “Jackson spent over a decade immersed in the European VC ecosystem, bringing his entrepreneurial experience and American mindset to the industry,” writes the Multiple Capital team on personnel. Fund of funds investors are currently experiencing a small boom – most recently AlphaQ Venture Capital and Equaition were launched.
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