#DealMonitor – Agrando sammelt 12 Millionen ein – Watchmaster übernimmt MMC – Project A investiert in All4Golf


Im aktuellen #DealMonitor für den 5. Juli werfen wir wieder einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor-Archiv.

INVESTMENTS

Agrando
+++ Yabeo Impact, Sony Innovation Fund und Investbridge sowie die Altinvestoren June Fund und das Londoner Family Office JLR Star investieren 12 Millionen Euro in Agrando – siehe Handeslblatt. Das Münchner Startup, das von Jonathan Bernwieser und Jonas Hueber gegründet wurde, bietet “eine Online-Lösung für Landwirte, Landhändler und Hersteller zum Ein- bzw. Verkauf und der Vermarktung landwirtschaftlicher Betriebsmittel” an. Agrando versteht sich dabei als Hilfe bei der Beschaffsanalyse und der Prozessoptimierung. Mehr über Agrando

VillaCircle
+++ Nicht genannte Investoren investieren eine siebenstellige Summe in VillaCircle. Das Hamburger Startup, das 2021 von Jean-Pierre Fumagalli und Roland Schaber gegründet wurde, kümmert sich um “Miteigentum an Premium-Ferienimmobilien”. Die Jungfirma übernimmt dabei “alle rechtlichen und administrativen Aspekte rund um den Kauf, die besonders bei Auslandsimmobilien mitunter eine Hürde darstellen”.

MERGERS & ACQUISITIONS

MMC
+++ Der Berliner Uhren-Marktplatz Watchmaster übernimmt seinen französischen Wettbewerber Montres Modernes et de Collection (MMC) – siehe Handelsblatt. Watchmaster 2015 von Stephan Heller und Ronny Ahlswede gegründet wurde, bietet eine Plattform für den Handel mit gebrauchten Uhren an. Zu den Investoren der Jungfirma gehören unter anderem Olma Luxury Holdings, Milano Investment Partners, Cherry Ventures und Mutschler Ventures und Piton Capital. Bis Ende 2019 flossen rund 25 Millionen in das Unternehmen, das von Tim-Hendrik Meyer geführt wird. Mehr über Watchmaster 

Perfect Drive Sports Group
+++ Bregal Unternehmerkapital und der Berliner Kapitalgeber Project A Ventures übernehmen die Perfect Drive Sports Group. Zum Unternehmen gehören die beiden Marken All4Golf mit Sitz in Hannover und Clubhouse Golf mit Sitz in Manchester. “All4Golf  wurde im Jahr 1986 in Hannover gegründet und ist heute der größte Onlinehändler für Golfsportartikel auf dem deutschsprachigen Markt und bietet seinen Kunden neben einem breiten Sortiment und kompetenter Beratung auch eine eigene Fachwerkstatt für Anpassungen und Reparaturen”, teilt Bregal zur Übernahme mit.

smart and more
+++ Das Hamburger Startup Event Inc, eine Plattform für die Buchung von Firmenveranstaltungen, übernimmt das Unternehmen smart and more, das sich unter anderem um strategischen Einkauf kümmert. Im Zuge der Übernahme positioniert sich das Unternehmen als Event Inc Group. “Mit den jeweiligen Leistungsschwerpunkten bietet die Gruppe Ihren Kunde:innen einen end-to-end Service von der Location-Suche über den Veranstaltungs- und Tagungseinkauf bis zur Abrechnung”, teilt die Jungfirma mit.  Event Inc wurde 2014 von Janna Schmidt-Holtz gegründet.

Achtung! Wir freuen uns über Tipps, Infos und Hinweise, was wir in unserem #DealMonitor alles so aufgreifen sollten. Schreibt uns eure Vorschläge entweder ganz klassisch per E-Mail oder nutzt unsere “Stille Post“, unseren Briefkasten für Insider-Infos.

Startup-Jobs: Auf der Suche nach einer neuen Herausforderung? In der unserer Jobbörse findet Ihr Stellenanzeigen von Startups und Unternehmen.

Foto (oben): azrael74

#agrando, #agtech, #aktuell, #all4golf, #clubhouse-golf, #event-inc, #hamburg, #investbridge, #jlr-star, #june-fund, #luxusuhren, #montres-modernes-et-de-collection, #munchen, #perfect-drive-sports-group, #proptech, #smart-and-more, #sony-innovation-fund, #venture-capital, #villacircle, #watchmaster, #yabeo-impact

Divido bags $30M to take its ‘buy now, pay later’ platform to more markets

London-based Divido, a whitelabel platform for retail finance that integrates with ecommerce platforms (but can also support omni-channel) so retailers can offer consumers a ‘buy now, pay later’ option at the point of sale, has bagged a $30M Series B to fund international expansion.

The funding round is led by global banks HSBC and ING, with participation from Sony Innovation Fund by IGV*, SBI Investment, OCS, Global Brain and DG Daiwa Ventures along with existing investors DN Capital, Dawn Capital, IQ Capital and Amex Ventures.

The Series B follows a $15M Series A back in 2018 — when the fintech product was available in a handful of European markets and the U.S., with a goal of launching in 10 more countries by the end of 2019.

Evidently, that anticipated rapid-fire international expansion didn’t exactly pan out as planned, as Divido is only operating in ten markets across two continents now — a little under two years later. But, flush with Series B funding, it says it’s looking to fuel the pace of its international push.

The 2014-founded startup operates a marketplace model where lenders compete to offer the most suitable credit line to consumers to grease purchases — partnering with businesses such as banks, retailers and payment partners so they can offer a ‘Buy Now Pay Later’ to their users at the point of sale.

Divido claims its product leads to up to 20%-40% more sales for retailers — and it says it has more than 1,000 clients and operators at this stage (a metric it was also reporting in September 2018).

Its pitch is that by partnering with multiple lenders it can offer higher acceptance rates and lower fees to consumers so they have greater choice to spread payment for larger purchases. It also means it doesn’t need a banking licence itself, so can (in theory) scale faster into more markets.

Credit suitability is also assessed by the lenders on its platform, not by Divido itself.

The pandemic has clearly put pressure on many consumers’ personal finances which is likely to be driving more demand for alternative options to credit cards to spread purchase costs. Although the move toward diversifying ‘pay later’ options long pre-dates COVID-19 — via startups like Klarna and the scores that have sprung up in its wake.

Commenting on the Series B in a statement, Christer Holloman, founder and CEO, said: “The retail finance market is in a period of exponential growth, expected to hit $2.5 trillion next year. At Divido, we have created a global standard for banks, retailers and payment partners to connect seamlessly to offer ‘Buy Now Pay Later’ to consumers. It is hugely exciting to have this round led by global clients, which is testament to the strength of our product and the strategic impact we deliver.”

In another supporting statement, HSBC’s Catherine Zhou, its global head of venture, digital innovation and partnerships, said: “There is clear demand for retail finance across the globe, both from customers and merchants. The Divido platform enables lenders to serve customers in this area with a compelling, well-managed proposition.”

While Jan Willem Nieuwenhuize, MD of ING Ventures, added: “ING is focusing our innovation efforts around defined value spaces. Divido aligns with our lending value space and has a strong strategic fit with ING’s consumer finance business. This is an exciting and rapidly growing market that is constantly evolving and accelerating following Covid. We see Divido as an innovator at the very forefront of the market, so perfectly fits the profile for the dynamic, disruptive companies we choose to partner with.”

 

#banking, #consumer-finance, #credit, #dawn-capital, #divido, #dn-capital, #europe, #finance, #fundings-exits, #global-brain, #hsbc, #klarna, #london, #ocs, #online-lending, #payments, #sbi-investment, #sony-innovation-fund

Identiq, a privacy-friendly fraud prevention startup, secures $47M at Series A

Israeli fraud prevention startup Identiq has raised $47 million at Series A as the company eyes international growth, driven in large part by the spike in online spending during the pandemic.

The round was led by Insight Partners and Entrée Capital, with participation from Amdocs, Sony Innovation Fund by IGV, as well as existing investors Vertex Ventures Israel, Oryzn Capital, and Slow Ventures.

Fraud prevention is big business, which is slated to be worth $145 billion by 2026, ballooning by eightfold in size compared to 2018. But it’s a data hungry industry, fraught with security and privacy risks, having to rely on sharing enormous sets of consumer data in order to learn who legitimate customers are in order to weed out the fraudsters, and therefore.

Identiq takes a different, more privacy-friendly approach to fraud prevention, without having to share a customer’s data with a third-party.

“Before now, the only way companies could solve this problem was by exposing the data they were given by the user to a third party data provider for validation, creating huge privacy problems,” Identiq’s chief executive Itay Levy told TechCrunch. “We solved this by allowing these companies to validate that the data they’ve been given matches the data of other companies that already know and trust the user, without sharing any sensitive information at all.”

When an Identiq customer — such as an online store — sees a new customer for the first time, the store can ask other stores in Identiq’s network if they know or trust that new customer. This peer-to-peer network uses cryptography to help online stores anonymously vet new customers to help weed out bad actors, like fraudsters and scammers, without needing to collect private user data.

So far, the company says it already counts Fortune 500 companies as customers.

Identiq said it plans to use the $47 million raise to hire and grow the company’s workforce, and aims to scale up its support for its international customers.

#articles, #cryptography, #customer-data, #digital-rights, #entree-capital, #human-rights, #identity-management, #insight-partners, #marketing, #online-shopping, #online-stores, #peer-to-peer, #privacy, #security, #slow-ventures, #sony, #sony-innovation-fund, #startups, #terms-of-service, #vertex-ventures

Iris Automation raises $13 million for visual drone object avoidance tech

It’s only a matter of time now before drones become a key component of everyday logistics infrastructure, but there are still significant barriers between where we are today and that future – particularly when it comes to regulation. Iris Automation is developing computer vision products that can help simplify the regulatory challenges involved in setting standards for pilotless flight, thanks to its detect-and-avoid technology that can run using a wide range of camera hardware. The company has raised a $13 million Series B funding round to improve and extend its tech, and to help provide demonstrations of its efficacy in partnership with regulators.

I spoke to Iris Automation CEO Jon Damush, and Iris Automation investor Tess Hatch, VP at Bessemer Venture Partners, about the round and the startup’s progress and goals. Damush, who took over as CEO earlier this year, talked about his experience at Boeing, his personal experience as a pilot, and the impact on aviation of the advent of small, cheap and readily accessible electric motors, batteries and powerful computing modules, which have set the stage for an explosion in the commercial UAV industry.

“You’ve now shattered some of the barriers that have been in aerospace for the past 50 years, because you’re starting to really democratize the tools of production that allow people to make things that fly much easier than they could before,” Damush told me. “So with that, and the ability to take a human out of the cockpit, comes some interesting challenges – none more so than the regulatory environment.”

The U.S. Federal Aviation Administration (FAA), and most airspace regulators around the world, essentially break regulations around commercial flight down into two spheres, Damush explains. The first is around operations – what are you going to do while in flight, and are you doing that the right way. The second, however, is about the pilot, and that’s a much trickier thing to adapt to pilotless aircraft.

“One of the biggest challenges is the part of the regulations called 91.113b, and what that part of the regs states is that given weather conditions that permit, it’s the pilot on the airplane that has the ultimate responsibility to see and avoid other aircraft,”  That’s not a separation standard that says you’ve got to be three miles away, or five miles away or a mile away – that is a last line of defense, that is a safety net, so that when all the other mitigations that lead to a safe flight from A to B fail, the pilot is there to make sure you don’t collide into somebody.”

Iris comes in here, with an optical camera-based obstacle avoidance system that uses computer vision to effectively replace this last line of defence when there isn’t a pilot to do so. And what this unlocks is a key limiting factor in today’s commercial drone regulatory environment: The ability to fly aircraft beyond visual line of sight. All that means is that drones can operate without having to guarantee that an operator has eyes on them at all times. When you first hear that, you imagine that this factors in mostly to long-distance flight, but Damush points out that it’s actually more about volume – removing the constraints of having to keep a drone within visual line of sight at all times means you can go from having one operator per drone, to one operator managing a fleet of drones, which is when the economies of scale of commercial drone transportation really start to make sense.

Iris has made progress towards making this a reality, working with the FAA this year as part of its integrated pilot program to demonstrate the system in two different use cases. It also released the second version of its Casia system, which can handle significantly longer range object detection. Hatch pointed out that these were key reasons why Bessemer upped its stake with this follow-on investment, and when I asked if COVID-19 has had any impact on industry appetite or confidence in the commercial drone market, she said that has been a significant factor, and it’s also changing the nature of the industry.

“The two largest industries [right now] are agriculture and public safety enforcement,” Hatch told me. “And public safety enforcement was not one of those last year, it was agriculture, construction and energy. That’s definitely become a really important vertical for the drone industry – one could imagine someone having a heart attack or an allergic reaction, an ambulance takes on average 14 minutes to get to that person, when a drone can be dispatched and deliver an AED or an epi pen within minutes, saving that person’s life. So I really hope that tailwind continues post COVID.”

This Series B round includes investment from Bee Partners, OCA Ventures, and new strategic investors Sony Innovation Fund and Verizon Ventures (disclosure: TechCrunch is owned by Verizon Media Group, though we have no involvement, direct or otherwise, with their venture arm). Damush pointed out that Sony provides great potential strategic value because it develops so much of the imaging sensor stack used in the drone industry, and Sony also develops drones itself. For its part, Verizon offers key partner potential on the connectivity front, which is invaluable for managing large-scale drone operations.

#aerospace, #articles, #bee-partners, #bessemer-venture-partners, #boeing, #ceo, #computing, #drone, #embedded-systems, #emerging-technologies, #energy, #federal-aviation-administration, #funding, #imaging, #iris-automation, #recent-funding, #robotics, #science-and-technology, #sony-innovation-fund, #startups, #tc, #technology, #tess-hatch, #unmanned-aerial-vehicles, #verizon-media-group, #verizon-ventures, #vp

#DealMonitor – Infarm sammelt 170 Millionen ein – Bayes bekommt 6 Millionen


Im aktuellen #DealMonitor für den 17. September werfen wir wieder einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor-Archiv.

INVESTMENTS

Infarm
+++ Jetzt offiziell: LGT Lighthouse, der Beteiligungsarm des Prinzenhauses Liechtenstein, Hanaco, Bonnier, Haniel und Latitude sowie die bestehenden Investoren Atomico, TriplePoint Capital, Mons Capital und Astanor Ventures investieren 170 Millionen US-Dollar in das Berliner Unternehmen Infarm, einen Vertical Farming-Anbieter. “Das finale Closing der Runde soll sich auf 200 Millionen US-Dollar belaufen”, teilt das Unternehmen mit. Die Financial Times hatte bereits Ende Juni über das Investment berichtet. “Das frische Kapital – eine Mischung aus Eigen- und Fremdkapital – erhöht die Gesamtfinanzierung von Infarm auf mehr als 300 Millionen US-Dollar”, teilt Infarm weiter mit. Infarm wurde 2013 in Berlin von Osnat Michaeli und den Brüdern Erez und Guy Galonska gegründet. Die Jungfirma entwickelt ein “intelligentes modulares Farming-System”. Edeka, Aldi Süd und Kaufland nutzen Infarm bereits.

Bayes
+++ Die Familie Pohlad, Fertitta Capital und der Sony Innovation Fund investieren 6 Millionen UD-Dollar in Bayes, früher als Dojo Madness bekannt. Das Berliner Startup ist auf die Entwicklung von Software für den E-Sports-Bereich spezialisiert. “Den Kern der Unternehmensaktivitäten bilden Shadow.GG, Marktführer im Professional Esports Analytics Bereich, und Bayes Esports, 2019 gemeinsam mit Sportradar gegründet”, heißt es in der Presseaussendung. Gegründet wurde Dojo Madness von Christian Gruber, Mathias Kutzner, Markus Fuhrmann und Jens Hilgers.

corefihub
+++ Mehrere Business Angels und ein “Institutioneller Investor”, die allerdings alle namentlich nicht genannt werden, investieren eine sechsstellige Summe in corefihub. Das Unternehmen aus Bruchsal kümmert sich um die “Digitalisierung der gewerblichen Immobilienfinanzierung”. corefihub möchte Banken, Vermittler, Immobilienunternehmen, Investoren und Projektentwickler unterstützen, ihre Finanzierungen schneller, einfacher und günstiger zu bearbeiten”. corefihub wurde von Daniel Rodriguez, Oliver Klemm und Sebastian Schefzcyk gegründet.

MiFIDRecorder
+++ Der Münchner B2B-Company Builder Finconomy steigt bei MiFIDRecorder ein und sichert sich dabei 25,1 % am Unternehmen. Die Jungfirma bietet “Taping-Lösungen für Banken, Haftungsdächer, Maklerpools, Vermögensverwalter und Finanzvermittler” an. Zudem stellt MiFIDRecorder seit einigen Monaten auch eine Aufzeichnungssoftware für Video-Konferenzen bereit.

EXITS

So1
+++ Die So1-Gründer Raimund Bau und Sebastian Gabel kaufen die Überreste ihres insolventen Unternehmens – siehe FinanceFWD. Der tief gefallene Zahlungsdienstleister Wirecard übernahm den Berliner Big-Data-Dienst im Juni dieses Jahres. Der Kaufpreis soll im hohen einstelligen oder niedrigen zweistelligen Millionenbereich gelegen haben. Im Zuge der Wirecard-Insolvent schlitterte auch So1 in die Insolvenz. “Der Kaufpreis liegt im fünfstelligen Euro-Bereich und damit deutlich unter der Summe, die Wirecard im Frühjahr für die Firma überwiesen hat”, heißt es im Artikel.

VENTURE CAPITAL

Archimedes New Ventures
+++ Die familiengeführte Böllhoff Gruppe aus Bielefeld, ein Hersteller und Händler für Verbindungselemente und Montagesysteme, gründet mit Archimedes New Ventures einen Corporate-
Venture-Ableger. “Verantwortlich für eine neue digitale Innovationskultur liegt der Schwerpunkt der Gesellschaft auf der Entwicklung und Förderung neuer digitaler Geschäftsmodelle für die Böllhoff-Gruppe”, teilt das Unternehmen mit. Mit Joinect, einer KI-basierten Cloud-Software, die Ingenieuren die Suche nach Verbindungslösungen erleichtert, schob Archimedes bereits das erste Startup an.

Achtung! Wir freuen uns über Tipps, Infos und Hinweise, was wir in unserem #DealMonitor alles so aufgreifen sollten. Schreibt uns eure Vorschläge entweder ganz klassisch per E-Mail oder nutzt unsere “Stille Post“, unseren Briefkasten für Insider-Infos.

Startup-Jobs: Auf der Suche nach einer neuen Herausforderung? In der unserer Jobbörse findet Ihr Stellenanzeigen von Startups und Unternehmen.

Foto (oben): Shutterstock

#aktuell, #archimedes-new-ventures, #astanor-ventures, #atomico, #bayes, #berlin, #bielefeld, #bollhoff-gruppe, #bonnier, #corefihub, #e-sports, #fertitta-capital, #finconomy, #food, #hanaco, #haniel, #infarm, #latitude, #lgt-lighthouse, #mifidrecorder, #mons-capital, #proptech, #so1, #sony-innovation-fund, #triplepoint-capital, #venture-capital, #wirecard