berlin

  • Fintech’s Five Dark-Horse Cities Crunch Network

    Fintech’s Five Dark-Horse Cities

    With global investment in fintech having tripled in the last five years, the financial sector is without a doubt in the midst of a revolution. The leading cities in the global fintech race are relatively unsurprising: Silicon Valley, New York, London and Hong Kong are the epicentres of the investment blast. But it’s the newcomers that are diversifying the market. Read More

  • Babbel Raises $22M Series C Round For Its Language Learning Service

    Babbel Raises $22M Series C Round For Its Language Learning Service

    The Berlin- and New York-based language learning service Babbel today announced that it has raised a $22 million funding round led by Scottish Equity Partners. Other participants in this round include previous investors Reed Elsevier Ventures, Nokia Growth Partners, and VC Fonds Technology Berlin. The company, which was founded in 2007, says it plans to use this new round to drive further… Read More

  • Silicon Valley Can Accelerate Social Impact Globally Crunch Network

    Silicon Valley Can Accelerate Social Impact Globally

    Silicon Valley’s influence is undeniable but its global impact has always been a passive byproduct of success at home. To make a lasting, material difference, there needs to be a concerted effort to expand its reach in a substantial and sustainable way. For the better part of the last century, the Valley has been a bedrock for technological progress and era-defining industry. From… Read More

  • Slightly Slighted, Apple’s Diehards Still Do The Launch Day Lineup Crunch Network

    Slightly Slighted, Apple’s Diehards Still Do The Launch Day Lineup

    While the atmosphere outside the store was generally similar to previous launches, a glaring difference was the fact that I wasn’t waiting outside of an Apple Store. I was sitting on the sidewalk outside of the upscale fashion boutique Maxfield, on trendy Melrose Avenue in Los Angeles. Read More

  • Rocket Internet Fashion Group GFG Raises $35M, Poaches Amazon Exec To Lead It

    Rocket Internet Fashion Group GFG Raises $35M, Poaches Amazon Exec To Lead It

    Rocket Internet — the Berlin-based startup incubator that went public in October 2014 — is today adding more muscle to the Global Fashion Group, a cluster of five of its emerging market fashion sites that consolidated into one bigger operation last September. The GFG has raised €32 million ($35 million) at a €2.8 billion ($3 billion) post-money valuation, and it now has its… Read More

  • A Cold, Dark, East London Cinema Witnesses Techstars London Demo Day

    A Cold, Dark, East London Cinema Witnesses Techstars London Demo Day

    Techstars has had a fast 3 years in Europe. After Techstars London, led by the departing Jon Bradford, had been set up, it opened a further three programmes: in Berlin, the Techstars Metro Accelerator (around retail) and a fintec accelerator sponsored by Barclays Bank. Techstars London Demo Day today saw over 1,000 people signed up (the majority of whom actually turned up to a rented East… Read More

  • Hem Confirms Acquisition Of Assets From Italy’s Discipline As Fab.com Approaches Sale In U.S.

    Hem Confirms Acquisition Of Assets From Italy’s Discipline As Fab.com Approaches Sale In U.S.

    Hem, the Berlin-based home furnishings company created last year by Jason Goldberg as a pivot after his previous online marketplace Fab.com collapsed, has confirmed the acquisition of assets from Discipline.eu, an online design portal based in Italy. We first reported that the deal was in the works last week. The financial terms of the all-cash deal are not being disclosed, but Hem says that… Read More

  • Deutsche Telekom Launches A $620M Fund For German Startups And PE Deals

    Deutsche Telekom Launches A $620M Fund For German Startups And PE Deals

    Deutsche Telekom is stepping up its game in the world of startup investing and tapping into the growing tech ecosystem coming out of its home country. Today the carrier, owner of T-Mobile, announced a new, €500 million ($620 million) fund called Deutsche Telekom Capital Parters, which it will use to invest in German startups, startups further afield, strategic private equity… Read More

  • Berlin-Based Social Media Marketing Startup Brandnew Gets $1.9M In Seed Funding

    Berlin-Based Social Media Marketing Startup Brandnew Gets $1.9M In Seed Funding

    Brandnew, a Berlin-based startup that helps brands create native ad campaigns for Instagram and Pinterest, announced that it has raised a total of $1.9 million in seed funding. This includes a $1.1 million grant from the city of Berlin, as well as $845,000 from investors including PubliGroupe, Berlin Ventures, and Lukas Kirche. Brandnew plans to use the funding for technology development… Read More