Princeville Global leads $55m series-E for Dreamlines

Existing investors, including HV Holtzbrinck Ventures, Target Global, Dimaventures, Hasso Plattner Ventures, TruVenturo and Global Founders, also took part in the financing.

The fresh capital will be used to support Dreamlines' international expansion. Since launching in 2012, the company has opened in 10 additional countries and partnered with 100 cruise operators.

Princeville's Emmanuel DeSousa will join the company's board following the investment.

Previous funding
Hasso Plattner led a €2.2m seed round for Dreamlines in November 2012, with Astutia Ventures also taking part.

Both VCs returned to invest in a €7.5m series-A led by Holtzbrinck Ventures and TA Ventures in March 2013, before all previous backers and new investor Target Global took part in a €20m series-B in November 2014.

The same syndicate provided a further €14m series-C in August 2016 and an €18m series-D in February 2017.

TA Ventures also purchased Astutia's stake in a secondary transaction in May 2015.

Company
Headquartered in Hamburg and founded in January 2012, Dreamlines is an online cruise trip portal. Its main market is the German-speaking region, but it is also active in 10 other countries. The company has 30,000 cruises available on its website and by telephone booking. It employs 280 people.

People
Princeville Global – Emmanuel DeSousa (managing partner).
HV Holtzbrinck Ventures – Christian Saller (general partner).
Dreamlines – Felix Schneider (CEO).

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• Topics
• Expansion
• DACH
• Consumer
• Germany
• Venture