DACH Unquote
Berlin start-ups attract Silicon Valley cash
But without a significant number of exits, can the city retain its prominence?
High-Tech Gründerfonds invests in Desino
Business angel joins to complete first financing round
Electranova Capital leads Sunfire series-B
Electranova Capital has joined forces with Total Energy Ventures to invest in Sunfire, a German developer of high-temperature fuel cells and electrolysers.
Boehringer Ingelheim leads early-stage round for Amal
Boehringer Ingelheim Venture Fund (BIVF) and High-Tech Gründerfonds have invested in a seed-funding round for Swiss biotech start-up Amal Therapeutics.
Covagen extends series-B with Baxter investment
Swiss biotech Covagen has extended its CHF 42m series-B funding round, raised in December, to procure a further CHF 2.9m from Baxter Ventures.
Access wins BVK mandate
Access Capital Partners has been awarded a mandate for primary and secondary investments in small buyout and growth funds by German pension fund Bayerische Versorgungskammer (BVK).
Rosetta leads CHF 60m round for Novimmune
Life sciences-focused Rosetta Capital has led a CHF 60m ($66m) series-B funding round for Swiss biotech Novimmune.
Wheb makes first investment from new fund
Wheb Partners has completed its maiden investment from Green Growth Fund 2, taking a significant stake in UBC.
HCPE et al. invest €13m in Outfittery
Highland Capital Partners Europe (HCPE) has led a €13m funding round for Outfittery, a German provider of consultation services for men’s fashion, with participation from a consortium of existing venture capital backers.
Large-cap segment boosts DACH deal totals
Buyout activity was buoyed by a handful of large-cap deals in 2013. But is there hope for a brighter future further down the value scale? Amy King reports
Sigma leads $2.6m round for Codeship
Sigma Prime Ventures has led a $2.6m funding round for Codeship, an Austrian provider of continuous integration and deployment as software-as-a-service (SaaS).
Njord Partners backs GeoQuip with convertible loan
Njord Partners has provided Swiss oilfield services provider GeoQuip Marine with convertible loan financing.
Invision picks up Pfeifer
Zug-based Invision Private Equity has acquired a majority stake in damage restoration service provider Pfeifer.
T-Venture backs Teqcycle Solutions
T-Venture has led a funding round for Teqcycle Solutions, a Munich-based provider of mobile device trade-in solutions.
Deal in focus: KKR nets Hertha Berlin
Private equity behemoth KKR acquired an equity stake of 9.7% in German football club Hertha BSC last week, one component of the €61.2m investment from its $2bn Special Situations fund.
Paua et al. back mbrace
Paua Ventures, Astutia Ventures and IBB Beteiligungsgesellschaft have provided a seven-digit investment in a seed funding round for mbrace, a German social discovery and dating app.
HTGF invests in WPX Faserkeramik
High-Tech Gründerfonds (HTGF) has invested in metal refining energy efficiency business WPX Faserkeramik.
Investors pump further $20m into Foodpanda
Phenomen Ventures has joined other investors in a $20m funding round for Berlin-based food delivery platform Foodpanda.
Sentica's Citec buys TGB
Sentica portfolio company Citec, a Finnish engineering services business, has acquired German engineering company Technisches Gemeinschaftsbüro (TGB) from Siemens.
KKR scores Hertha BSC deal
KKR has bought a 9.7% stake in German football club Hertha BSC for €61.2m.
Waterland appoints new German MD
Dutch firm Waterland Private Equity Investments has appointed Carsten Rahlfs as a principal and managing director of the German office.
Sunstone invests in GetYourGuide
Sunstone Capital has invested in GetYourGuide, a Swiss tour and activity-booking platform, in a $4.5m series-A extension round led by two angel investors.
Pantheon wins BVK mandate
Funds-of-funds manager Pantheon has established a new global private equity programme alongside Bayerische Versorgungskammer (BVK), Germany’s largest public pension group.
Runa Capital pours €1.5m into Cloudpartner.de
Runa Capital has invested €1.5m ($2m) in a series-A round for Berlin-based start-up Cloudpartner.de, which gives German SMEs access to cloud-based services.