The Samwer brothers are at it again. Shortly after cashing in on Citydeal, Germany’s most prolific startup investors have put millions into Panfu. Their incubator Rocket Internet joined by Holtzbrinck Ventures has invested a rumored seven digit Euro sum in the multi-language educational gaming world for kids.
It’s their third joint investment in Panfu, former rounds were done together alongside… → Read More
The Groupon acquisition of CityDeal is being hailed by many across Europe as a good exit for the German-based clone (yes, there is no point in saying it is anything else but a Groupon clone). But luckily there are more than just clones in Germany. The burgeoning cluster in Mitte, central Berlin, is producing startups such as Soundcloud, hiogi, Babbel, Twinity, SongBeat and aka-aki. Nokia bought… → Read More
The Groupon acquisition of CityDeal is being hailed by many across Europe as a good exit for the German-based clone (yes, there is no point in saying it is anything else but a Groupon clone). But luckily there are more than just clones in Germany. The burgeoning cluster in Mitte, central Berlin, is producing startups such as Soundcloud, hiogi, Babbel, Twinity, SongBeat and aka-aki. Nokia bought… → Read More
We have just learned that German Groupon clone CityDeal has been acquired by the world’s original and leading collective coupon buying platform Groupon.
CityDeal, which was invested in by Rocket Internet, the incubator of the Samwer brothers, has raised around 20 million Euros and was heavily competing with their counterpart DailyDeal – another german Groupon clone backed by various internet… → Read More
Daily deal service Groupon, hot off a new funding that valued the company at $1.35 billion, may not love all those clones of its service out there. But they’re certainly being realistic about things – tomorrow they’ll announce the acquisition of German startup Citydeal, CEO Andrew Mason just called to tell me.
Citydeal first launched in January, raised €4 million in funding, and now has offers… → Read More
[Germany] The Samwer brothers have done it again.
In December, Germany’s most prolific startup founders pumped millions from France and Sweden into their Internet companies. Now the three brothers have secured a €5 million second round for their Groupon clone Citydeal, which they only founded in December.
The new investment comes from an international group made up of the Swedish Investment… → Read More
[Germany/UK] Mycitydeal, the recently launched German Groupon clone, has secured €4 million in a first round of funding, reports paidContent. The backing comes from Holtzbrinck Ventures, eVenture Capital Partners, and Rocket Internet, amongst others.
The new investment will be used primarily to expand into the UK, says the company. No easy task considering how crowded this space is fast… → Read More
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