DACH
KeyLemon raises $1.5m
Switzerland-based face recognition technology company KeyLemon has raised $1.5m in a series-A funding round from Debiopharm Investments and Swisscom Ventures.
UnternehmerTUM closes first fund on €25m
German VC UnternehmerTUM has closed its maiden fund on €25m after 24 months on the road.
Deloitte hires two in Germany
Deloitte has appointed Markus Schackmann and Christofer Mellert as new partners in its German tax and legal services practice.
Rocket Internet founders back 3 businesses with new fund
Rocket Internet's founders Oliver and Marc Samwer are understood to have invested a total of $5m in online start-ups Lingoda, GirlMeetsDress and Videdressing.com via their new €150m Global Founders Capital (GFC) fund.
German VC BMP reaps 268% IRR on MBR exit
IBB Beteiligungsgesellschaft and BMP Media Investors have sold a joint 79.1% stake in portfolio company MBR Targeting to Ströer Digital, with BMP reaping a 268% IRR in slightly more than a year.
Sofinnova leads CHF 32m round for ObsEva
Sofinnova Partners has led a CHF 32m series-A round for Swiss biopharma company ObsEva.
HTGF invests in CCI
High-Tech Gründerfonds (HTGF) has backed Custom Cells Itzehoe (CCI), a manufacturer of individual energy storage systems.
PE-backed Amen sold to Tape.tv
Index Ventures, Slow Ventures and Sunstone Capital have sold Amen Internet, the company behind online chat app Amen, to Tape.tv in a trade sale.
Equistone sells Computerlinks for €230m
Equistone Partners has exited Computerlinks, a distributor of IT security, network performance and internet technology solutions, to Arrow Electronics in a €230m trade sale.
HTGF et al. back fos4x for second time
High-Tech Gründerfonds (HTGF), Bayern Kapital and UnternehmerTUM have invested in fos4x, a technology provider for wind turbines, for the second time in little more than a year.
Target Partners backs So1 in series-A round
Target Partners has backed So1, a German provider of marketing services, in a series-A funding round.
Varova’s Nordeon acquires insolvent Hess
Varova’s portfolio company Nordeon has bought German lighting manufacturer Hess out of insolvency.
ProSiebenSat.1 sale fails to attract buyer
KKR and Permira’s efforts to exit German broadcaster ProSiebenSat.1 have hit a bump in the road as the buyout houses fail to find a buyer for their remaining shares.
Springfondet et al. back Swarm64
Springfondet and several angel investors, including Arne Graee, have provided NOK 4.5m in seed funding for German ICT start-up Swarm64.
Carlyle buys Klenk Holz
Carlyle has acquired German wood products manufacturer Klenk Holz from a group of German banks.
IBB reinvests in Yachtico
IBB Beteiligungsgesellschaft has invested in Yachtico, an online platform for yacht hire, marking the GP's second investment in the business in the space of two years.
German minister calls for new stock market tier for start-ups
The German federal minister of economics and technology, Philipp Rösler, has called for a new stock market tier to increase IPO activity in Germany.
Cinven buys Heidelberger Leben from Lloyds for €300m
Cinven has acquired a majority stake in Heidelberger Leben, a German provider of retirement and life insurance products, from Lloyds Banking Group for around €300m.
Redalpine invests in Trekksoft
Swiss venture firm Redalpine has invested $800,000 in Trekksoft, an online tour and activity marketplace.
Creathor Ventures backs Toroleo
Creathor Ventures has co-invested in online car equipment comparison platform Toroleo, a portfolio company of Project A Ventures.
St Jude Medical acquires PE-backed Endosense
Medical device company St Jude Medical has wholly acquired Endosense, a medical technology company backed by several private equity firms, for CHF 159m.
German Startups Group et al. back sporTrade
German Startups Group (GSG) has invested in online sport equipment marketplace sporTrade alongside IBB Beteiligungsgesellschaft and private investor Hans-Dieter Lochmann.
Foodpanda makes Brazilian acquisition
Foodpanda, an online food delivery platform backed by Investment AB Kinnevik and Phenomen Ventures, has acquired Brazilian competitor MegaMenu.
Private equity firms eye Quadriga's AHT
Several private equity firms are said to be bidding for Quadriga Capital's AHT Cooling Systems.