Germany
IBB, WestTech et al. in €1.5m seed round for Fliit
Company plans to adapt its distribution system to expand into other areas
HTGF and IFH sell 51% stake in Bentekk to Dräger
HTGF and IFH invested in a six-figure seed funding round for Bentekk in May 2016
Redalpine leads €3m series-A round for Zenjob
Extra capital will be used to expand Zenjob's operations out of the capital and across Germany
Luxembourg becoming a hub for German funds
GPs are increasingly chosing to domicile funds outside of Germany as fundraising in the country gathers pace
Advent and Bain acquire Ratepay
Ratepay will be integrated with Concardis, another joint acquisition by Advent and Bain earier this year
Nordwind acquires B2B
GP will take a majority stake in the buyout along with the company's founders and management
Hannover Finanz exits Astyx to ZF Friedrichshafen
Exit from ultra-high-frequency sensors business follows a 17-year holding period for the GP
DBAG buys two radiology practices
GP will merge the practices into a new group, securing a 56% stake in the new company
HTGF et al. exit Cumulocity in trade sale to Software AG
Adding Cumulocity's technology to its service offering will complete Software AG's IoT software portfolio
HgCapital promotes Brockman and von Simson to managing partner
London- and Munich-based GP also announces three partner promotions in its London office
Tengelmann et. al in second round for Ottonova
Ottonova will use the extra capital to continue to develop and launch its health insurance platform
Ares in $70m debt round for Soundcloud
Company will look to expand its technology and personnel resources to match expected growth
Berliner Volksbank in round for Figo
Figo will use the extra capital to develop a regulated fintech platform that conforms with new regulation
Innovationsstarterfonds, HTGF in second round for Cloudplan
Cloudplan will use the extra funding to roll-out its product internationally, initially in the US and Europe
DVH Ventures backs NDGIT
NDGIT will use the extra capital to expand its sales efforts while continuing to work on product development
Global Founders in €10m series-A for Mycs
Investors in the funding round include US-based software developer TriPos and several business angels
3i invests €120m in Lampenwelt
Deal for German lighting company sees existing co-owner reinvest alongside incoming chair
Bregal- and Project A-backed Onlineprinters bolts on Solopress
Acquisition comes six months after the company was acquired from TA Associates in a secondary buyout
VRD and Bayern Kapital in €7.4m round for Lophius
Lophius will use the funding to accelerate diagnostic developments for tuberculosis using T cell technology
Arvato and SBI in €26.3m series-A for Solarisbank
Company will expand its banking platform and internationalise its client base and operations
Apacig leads €10m funding round for Helpling
Helpling will use the extra capital to expand its service offering into additional household tasks
Optima leads €9.3m series-C round for Crealytics
Company will use the funding to combine its advertising technology with its enterprise resource planning software
HTGF, Bayern Kapital in €3m series-B for Fazua
Company will use the funding to set up production operations in Munich and deliver first orders
HTGF, NBR et al. sell Gestigon to Valeo
Gestigon will continue to operate out of Lübeck in the same capacity as it has since 2011 while taking advantage of a larger team