German Startups Group Berlin AG: Nine additional investments, German Startups Group to extend its portfolio
(firmenpresse) - (DGAP-Media / 22.08.2013 / 10:00)
Berlin, 22.08.2013: German Startups Group Berlin AG, a new venture capital
provider, has made nine additional investments. Just over a year after
launching, German Startups Group therefore possesses a diverse and
promising portfolio of 20 different stakes featuring different business
models and start-up teams.
'We are especially pleased with the collaboration with Team Europe to whom
we already owe the addition of four promising new entrants to our
portfolio', comments Christoph Gerlinger, CEO of German Startup Groups.
German Startups Group is planning further selective investments in the next
few months in Berlin and elsewhere.
A brief overview of German Startups Group's new portfolio companies:
- The stock listed Cybits Holding AG is the leading service provider for
online identification of individuals on the German internet. Its
product Verify-U is compliant with the demands of the German legislator
regarding secure and reliable identifications. Verify-U is a patented
and certified identification process, which enables Cybits to identify
all end customers of its business partners online, instantly at any
time and any place. As a purely IT-based solution, Verify-U is highly
scalable. In the course of this year, the final operative breakthrough
on the announced mass-markets of De-Mail, financial institutes and as
the leading age-verification-system in the gambling segment should be
achieved.
- MIMOon is a key player in the emerging 4G wireless market. This
Duisburg company emerged from a university research laboratory to
become a global leader in the development of the highly complex
software embedded in LTE terminals and base stations. Companies like
Texas Instruments bundle MIMOon's software with its chips to top tier
LTE infrastructure vendors. EETimes has selected MIMOon four years in a
row for the Silicon 60 Hot Startups to watch.
- SquadMail lets teams safe time and communicate more efficiently. The
innovative service works like 'Dropbox for email' and allows users to
share their email folders with others - independently of whichever
email provider and client they use. The shared folders automatically
appear in the email clients of users and additionally get their own
email address. Even though still in beta development, several thousand
companies from all around the world already use SquadMail. On top of
that, the young Berlin-based start-up won the main price at Europe's
No.1 start-up conference, NEXT Berlin 2012.
- A Space For Art organizes art exhibitions outside the traditional
galleries or museums. The owners of high quality venues like boutique
hotels or premium restaurants have space, but often shy away from the
logistics and costs of real art. A Space For Art solves both problems
and offers a Win-Win-Situation: artists, galleries, venues and
artlovers all benefit at the same time.
- Wummelkiste develops and delivers a monthly arts and crafts box for
kids aged 3 to 8. The Wummellkiste team aims to uphold certain
standards and criteria when developing its' boxes including the use of
sustainable, high quality materials to foster learning through play.
The Wummelkiste enables kids to get creative and spend quality time.
- Kirondo offers parents a convenient way to clear out their kids closets
without any effort, earn money with their unused clothes and support
social causes. Kirondos concept is based on the circuit of sellers,
buyers, our logistic and quality control. Only like-new high-quality
brands will be sold in the Kirondo online shop at discounts of up to
50%. A part of our processed clothes and revenue will be donated to
social causes.
- Meine-Spielzeugkiste disrupts the traditional toy industry. The
subscription service brings the most popular high-quality toy brands to
children. With a convenient monthly membership rate, parents receive up
to six toys which they can return anytime in exchange for new ones or
decide to keep them at a discounted price. Meine-Spielzeugkiste was
awarded second best at the Karlsruhe Venture Day and has won top
position both at the Berlin Venture Lounge for a seminal online market
place and especially at the San Francisco Startup Show for its business
model and pitch.
- sporTrade is an one shop stop for sporting goods. Athletes and
sport-enthusiasts can choose from a continuously growing assortment of
sport products and compare prices from multiple retailers. At the same
time users can sell their own used equipment. Offering more than
100.000 products from more than 120 registered retailers for running,
biking, triathlon, water- and ball games, sporTrade is one of Germany's
leading online marketplaces. All together Germany's sports industry has
a growing trade volume, which consists of almost 15 billion Euros right
now.
- 9Cookies is a Berlin based startup that provides the first iPad
management system for restaurants and delivery services. With the
GastroPad, restaurants can take orders and make payments. By linking
directly to the internet, all of the data and transactions can be used
to create reports, analysis and marketing arrangements. Through these
tools, restaurants can be managed and permanently optimized. 9Cookies
launched a new Satellite function in early August 2013 that allows the
ability to connect iOSdevices like iPads, iPad minis, iPod touches and
iPhones wirelessly with the POS System. This new function will make a
waiters work easier and give them the opportunity to directly interact
with the customers more efficiently. Just like the GastroPad, the
devices are extremely easy and intuitive to handle.
German Startups Group welcomes plans by the acting Minister of Economic
Affairs, Philipp Rösler (FDP), which have emerged over the last few days,
to create a new segment at the stock exchange, similar to the 'Neuer
Markt', for technology companies after the German general elections. 'A
powerful exit-channel via IPO is currently the main difference between the
German start-up scene, also referred to as Silicon Allee, and its
archetype, Silicon Valley. A safe opportunity for successful start-up risk
investments at the end of their ramp up phase to generate fair exit
proceeds would benefit all previous maturity stages and financing rounds
and make the funding of start-ups much easier from day one. Startups have
always been a significant driving force for each and every market economy,
even if companies such as Siemens, SAP, or United Internet weren't referred
to as such at the time of their foundation', says Christoph Gerlinger, CEO,
who has already IPOed two companies himself. 'It would benefit the entire
startup eco system, and thus create a number of highly qualified jobs
whilst simultaneously generating tax revenues in the medium term'. Such a
new stock exchange segment could also turn out to be interesting for
German Startups Group in order to go public and therefore allowing it to
offer a piece of the 'Startups made-in-Germany' pie to a broader range of
investors.
Press Contact
German Startups Group Berlin AG
Christoph Gerlinger
Tel +49 (0)30-610900730-0
Mail info(at)german-startups.com
Web www.german-startups.com
German Startups Group - We love startups!
German Startups Group Berlin AG is a venture capital provider in Berlin.
Under the slogan, 'smart, fast and friendly money', the German Startups
Group gives new companies the chance to quickly secure financing, and to
provide more mature startups with additional funding and established
companies in special situations with additional funds to finance certain
measures. Our main investment criteria are disruptive innovation in product
or business model, high scalability and entrepreneurial talent. In addition
to the capital, the German Startups Group offers its portfolio companies
practical advice and active support from seasoned entrepreneurs, upon
request.
Internet: www.german-startups.com
End of Media Release
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Issuer: German Startups Group Berlin AG
Key word(s): Enterprise
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