Fresh money for Munich startups

Several Munich-based startups recently secured support and fresh capital for their companies. Main incubator joined Gini as lead investor, Cuponation raised €10 million from several investors, and the second-hand metasearch engine Catchys secured support from several business angels.

One A study recently declared Munich the city with the best future prospects in Germany. Also the Co-founder of Finanzchef24, Felix Schollmeier, emphasizes in an interview with deutsche-startups.de the advantages of the startup location:

“Munich has a very exciting and unique combination of technology, industry, young talent, and financial investors.”

The success of Munich's startup scene is well received by investors: several startups have recently secured support.

In the growth financing round of the technology startup Gini Commerzbank subsidiary main incubator joins as lead investor. The provider of semantic document processing and analysis also attracted Deutsche Telekom Strategic Investments and a private investor.

Rocket Internet, Holtzbrinck Ventures, New Enterprise Associates (NEA), e.ventures, ru-Net, Deutsche Telekom Strategic Investments (DTSI), Silicon Valley Bank and Columbia Lake Partners are investing a total of 10 million euros in the voucher provider CUPONATION.

The second-hand metasearch engine Catchys brings a whole series of business angels into the company: Alexander Brand (founder of windeln.de), Lea-Sophie Cramer (founder of Amorelie), Philipp Kreibohm (founder of Home24), Björn Kolbmüller (founder of Flaconi), Philipp Frenkel (co-founder of Mister Spex), Florian Huber (founder of United Domains), Oliver Roskopf and Sebastian Pollok (founders of Amorelie), Martin Rost (Vice President of Zalando Lounge) and Stefano Langenbacher (CTO of Home24).

read more ↓