Our IE Community of Entrepreneurs is on Fire!

By Allison Rohe, Venture Lab Director

 

Philipp Pausder, IMBA 2007 (Beta Gamma Sigma) raised 23.5 million euros in Series C funding, it was recently announced. See more info here: http://bit.ly/1TOAHj6 .

Three MIM alumni (graduates of the class of 2015) who developed a platform marketplace for models in Venture Lab in the second half of 2015 and who are now based in Berlin, have raised just under 150,000 euros in pre-seed funding. IE Venture Lab directors talked to the three founders of this platform –Falko Kremp (Germany), Matias Enghild (Denmark) and Niko Andreewitch (Austria)– who said that it is thanks to IE that they were able to raise the seed funding because two of the three investors came from our IE community, including one of our Investors-in-Residence in the Venture Lab! These three MIM alumni plan to open a seed round of funding in the fall for a minimum of 1 million euros. Check out their site:www.inselberg.com They currently operate in Germany and Austria, but will be expanding to other parts of Western Europe in the short-term.

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From the same Venture Lab intake (Venture Day Nov 2015), we also have two other startups that have since moved to Berlin. One moved immediately after graduating and is developing its social community-based platform, www.spotpeek.com This startup’s founders are MIM alumni Nicky Lange, Marco Casjens and Max Ludding. Meanwhile, ChronObsession.com just moved to Berlin from Madrid last week and will be launching its platform to purchase and sell pre-owned luxury watches before the end of June. The founders of ChronObsession are IMBA alumni Joel Haefliger and Dominic Coyle, and while their initial target client is in Germany, they incorporated their startup in Spain, where they have partnered with watch jewelers who will verify authenticity and quality, and where their developer is located.

Ander Michelena, a Venture Lab mentor, Co-CEO and co-Founder of Ticketbis, will be back in September in the program, after his company announced the sell to eBay for 165 million dollars http://tcrn.ch/22tKDPs

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