Teleclnic got acquired by “Docmorris” parent company for more than 50 million dollars (German - 5 mins read)
TeleClinic founded in 2015 is the leading telemedicine provider in Germany. The business has been growing especially after the COVID-19 crisis and with the german legalization finally making it possible to issue online prescriptions. The exit was estimated between 40 to 70 million dollars by “Zur Rose Group” owner of the famous online pharmacy “Docmorris”.
Study smarter raised a 7 digit number seed round to digitize education in Germany (English - 2 mins read)
The Munich Edtech "StudySmarter" founded in 2017 closed a seed investment led by Holtzbrinch ventures to further grow its foot step in the DACH market. The app has seen huge growth of more than 850,000 users and reached top charts in the AppStore in the last 3 months. Is it time Germany finally embrace a digital educational revolution?
Scalable Capital shifts focus to retail investors (English - 4 mins read)
“Scalable Capital” launched a new app for retail investors, to have a foot place in the retail finance market that is rapidly growing in Germany. “Trade republic” the german Robinhood has been on the lead since 2018. Will it succeed to earn the trust of the users and become a threat to “Trade republic” ?
Eisbach Bio: the first german startup to develop a corona virus drug (German - 6 mins read)
German biotech Eisbach Bio that focuses on developing medicines that help treat tumors have successfully found some weakness patterns in the coronavirus in their labs. Clinical trials will start as early as next year.