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Recent european venture capital deals

Posted by Stefano Bernardi On September - 22 - 2009

European Venture Capital news of the day

Posted by Stefano Bernardi On September - 8 - 2009
  • Ariadne Capital has launched the Ariadne Capital Entrepeneurs (ACE) Fund, a new vehicle aimed at investing in technology start-ups (Techcrunch Europe post)
  • DuMont Venture and seed investor Tiburon Partners have led an undisclosed seven figure funding round for online video technology company stream5, alongside KfW and business angel Klaus Wecken (Press release)
  • IBB Beteiligungsgesellschaft invested in Affinitas, operator of the online dating portal edarling, in a second closing of the business’ first funding round

Plista launching its B2B products and announcing new round of funding

Posted by Stefano Bernardi On August - 28 - 2009

Plista

Note: This is a post I wrote for Techcrunch Europe as soon as the news broke.

High-Tech Gründerfonds and DuMont Venture has joined existing investors Draper Investment Company and the Business Angel Peter Schüpbach in a new round of financing for Plista. The deal is rumored to be in the low seven figures.

Recently Plista also rolled out OnSite Recommendations, its B2B operations providing businesses with the ability to target their content, products and advertisement more efficiently. The major market will be represented by site operators in the fields of content and e-commerce.

The Berlin-based startup, which was founded just last year and employs 23 people, has scored some large publisher distribution deals such as the Kölner Stadt Anzeiger of DuMont publishing house and Pro.de, a download portal.

The company plans on developing new features for its network of partners, the first one being a marketplace dedicated to trade content and traffic.

Co-founder and CIO Andreas Richter says the focus next is is the expansion of the self-service portal, which – similar to Google AdSense® – allows publishers to generate and individually customize recommendations widgets to be integrated into their websites.

Scoreloop raises €2M for social-gaming

Posted by Stefano Bernardi On August - 28 - 2009

scoreloop

Note: This is a post I wrote for Techcrunch Europe as soon as the news broke.

Scoreloop has just announced it closed its second financing round, with a $2.8 million / €2 million cash injection from new investors Earlybird and existing investor Target Partners, which was the seed funder for the Munich-based company. The funds will be used to fuel the growth of the company and to establish (or solidify) its position, especially in the realm of the iPhone. Since launching its technology in May 2009, Scoreloop has over 500 registered game developers that have published more than 40 Scoreloop enabled games in the iPhone App Store.

So one month after the release of its community application Scoreloop finds a great validation for its product, while Earlybird gets in on one of the most interesting new business areas around.

Scoreloop offers an SDK for mobile game developers that instantly adds social gaming to their applications with features such as challenges and a points system. The company offers its technology for free to developers and monetizes on the points system. To understand better how it works and I suggest you sign up on their community and challenge me (Plus: they have one of the most amazing facebook connect apps I’ve seen).

“We are continuously receiving excellent feedback from game developers and publishers, as Scoreloop offers a unique set of tools for social features and monetization strategies. We are thrilled to be working with two of Europe’s premier VCs with Earlybird as an additional partner beside our existing investor Target Partners.” said Marc Gumpinger, CEO of Scoreloop.

Marc Gumpinger, Scoreloop’s CEO is understandably pleased. Since launching its technology in May 2009, Scoreloop has over 500 registered game developers that have published more than 40 Scoreloop enabled games in the Apple App Store today.

Roland Manger says this is a new market for its fund and Scoreloop fills a gap in their portfolio. Earlybird was looking to get into the new mobile market, without a particular interest in gaming technologies until they found Scoreloop. He points at their significant growth potential: “Scoreloop’s technology and the community platform solve many problems both developers and users are facing in the mobile app-world. Scoreloop will help developers make their games more attractive while improving monetization and users will be able to find games relevant to them much quicker.”

Flash: Warburg Pincus acquires 8.8% of embedded computing company Kontron

Posted by Stefano Bernardi On July - 29 - 2009

Warburg Pincus, a US-based private equity firm, has acquired an 8.8% stake in Munchen-based Kontron AG, a designer and manufacturer of embedded computer systems.

The deal is valued at €38.6 millions.

ReCoTech raises €500,000 to launch its office space allocation software

Posted by Stefano Bernardi On July - 27 - 2009

recotechHigh-Tech Gründerfonds, one of the most active venture capital firms in the german startup scene, just announced a half-million euros investment into software startup ReCoTech, a developer of IT-based solutions to optimise strategic large scale office space allocations.

logo_htgf

The new capital will be used to finish the product and enter the marketplace with a license base revenue model.

“ReCoTech’s mathematically innovative algorithms and its large efficiency potential in construction projects convinced us to invest”, says Dr. Björn Momsen, Investment Manager at High-Tech Gründerfonds. “As indicated by the first successful customer projects on the way, ReCoTech’s services are in huge demand, especially for user managed office buildings.”

ReCoTech’s customers are companies and organisations with large office and administration facilities, whom will benefit from their software thanks to the calculation of large scale and strategic office space allocation planning. This enables the fast generation of different variants with customized settings concerning individual demand, desired adjacencies, complete or partial preferences for individual departments and many more.

“The early practical applications already demonstrate the enormous potential to save space and resources”, says Michael Marchionini, CEO of ReCoTech GmbH. “It is interesting to note that almost all customers intend to reduce CO2 emissions as well as costs and recognize the dispassionate objectivity of the resulting plan as an immediate non monetary benefit. The latter contributes in many ways to the eventual implementation of potentially controversial decisions.”