X

We've Moved to Medium!

Silicon Allee has moved to Medium

You've arrived at the Silicon Allee news archive (2011-2014). Our new content (2015+) lives entirely on Medium.

If you'd like to learn more about this move, please visit siliconallee.com.

Thanks for your visit!

Go to Medium

Tag Archives: Silicon Allee

Feed Subscription
Happy Birthday to Us! Join Us For Our Third Anniversary Breakfast Meet Up

Happy Birthday to Us! Join Us For Our Third Anniversary Breakfast Meet Up

They say three's a magic number – so join us on Tuesday to celebrate the Silicon Allee monthly meet up's third birthday! It's incredible to think that we first held Berlin's biggest and best tech-focused networking event so long ago – so much has changed in the city since February 2011, largely for the better. This Tuesday will be business as normal. Join us at Sankt Oberholz, startup landmark and purveyor of coffee par excellence, from 9am on February 11. As always, there will be a great mix of entrepreneurs, investors, developers, designers and everyone else involved in technology. Read More »

Quandoo Closes $8m Series B Led By DN Capital and Holtzbrinck

Quandoo Closes $8m Series B Led By DN Capital and Holtzbrinck

Restaurant reservation and yield management platform Quandoo has closed a $8 million (€5.86m) Series B led by DN Capital and Holtzbrinck Ventures. The Berlin-based startup, which allows diners across Europe to book tables at eateries from local favourites to Michelin-starred restaurants, will use the new financing to accelerate its international expansion and cement its market position. Read More »

Fabian Siegel’s GFC Invests in British Ecommerce Funder Iwoca

Fabian Siegel’s GFC Invests in British Ecommerce Funder Iwoca

German investment firm Global Founders Capital (GFC) has taken part in a £5 million (€6.1m) round in British startup Iwoca, which provides short-term finance to online retailers in the UK. Iwoca says it will use the money to drive growth and leverage its current operations. GFC was formed as a partnership between Oliver and Marc Samwer of Rocket Internet fame and Fabian Siegel, former CEO and co-founder of Berlin-based fast food startup DeliveryHero. In a statement, Siegel said that the fund is looking to invest in proven concepts with a large market potential: “The team at Iwoca has demonstrated extraordinary execution skills and [is] committed to breaking new ground in business lending. We will put our expertise in building Internet companies and our global network at their disposal to help them drive [forward].” Read More »

Azimo Q&A: ‘In Five Years There Won’t Be Any Western Union Agents’

Azimo Q&A: ‘In Five Years There Won’t Be Any Western Union Agents’

Sending money overseas is big business, and it's just the latest industry to grab the attention of startups looking to make it leaner, more efficient and cheaper for users. Azimo is one of those startups, and the UK-based company has set its sights on Germany. Some 11 million German migrants send home €16 billion Euros in remittance every year, but Germany has the highest fees for money transfer in all of Europe. Azimo is taking on the giants of the industry like Western Union and MoneyGram in a market whch is worth an estimated €101 billion in Europe alone. It recently announced its expansion into Germany at rates which it claims will be 85 percent cheaper than the established players. Azimo alredy had a German connection in the form of seed funding from E.Ventures. Silicon Allee sat down with Michael Kent, CEO and co-founder of Azimo, at the recent NOAH conference in London. Read More »

Bootstrapping Business: Grow Your Company Without VC Funding

Bootstrapping Business: Grow Your Company Without VC Funding

In my 30 plus years of business, I’ve been an executive, advisor or investor in over two dozen companies. Some have been VC funded, some were angel funded, some were family funded, and some were classic one customer, 18-hour workday, sleeping in the office, eating top ramen, worrying about every paycheck, bootstrapped endeavors. From this experience, if I have any advice for young entrepreneurs, it would be to not take VC funding unless it’s absolutely necessary. When I say absolutely necessary I’m talking about startups building rocket ships or semi-conductors needing a new fab plant. I’m certainly not talking about a software-as-a-service company with a business efficiency tool. VC funding can make founders lazy, meaning loss of drive and focus. Read More »

Making the Most of Your Existing Network with nextSociety

Making the Most of Your Existing Network with nextSociety

Building and managing a network is hard enough, but really getting the most out it is a complicated and time-consuming process. Calling itself the “Ultimate networking tool,” New York-based startup nextSociety says its platform can help users identify who is most relevant to them. What's more, the company has German and Austrian heritage – COO Alex Tange was born in a small town in what was then East Germany, and is following in the footsteps of his dad who became an entrepreneur when the Berlin Wall fell in 1989. In addition to nextSociety, Alex also started a networking group for German professionals in New York which has grown to more than 5,000 members. Two of his co-founders, Peter Steba and Ben Simsa, sat down with Silicon Allee at The Next Web Conference in the Big Apple last month. Read More »

How Berlin Can Help Italy Shake Up Its Stylish Image

How Berlin Can Help Italy Shake Up Its Stylish Image

As you might imagine, the Italian Embassy on Tiergartenstrasse – the city's embassy row – is not only a grand building but a stylish one too. It was the setting for a day of discussions about how startup scenes in Germany and Italy can help each other out, but there was a wider topic as well. While we are on Italian stereotypes, it was fair to say that the food provided for lunch was top notch, and the wine didn't disappoint either. But while Italy doesn't mind such positive stereotypes, it doesn't want them to dominate. And so the event, dubbed 'European Perspectives on Creativity and Technology', was part of efforts to convince the Germans that Italy is not just pizza, Ferrari and da Vinci. Read More »

6Wunderkinder Announces $19m Series B Led By Sequoia Capital

6Wunderkinder Announces $19m Series B Led By Sequoia Capital

There seems to have been an increasing amount of navel-gazing lately about the direction the Berlin startup scene is heading in – this writer is no exception – and questioning of why we haven't seen more companies from the city breakout on a global scale. But in truth, things are still looking pretty good, and the latest proof of that is 6Wunderkinder's $19 million (€14.1m) Series B round led by Sequoia. The round, in which the company's previous investors Atomico and Earlybrd are also participating, bring the total investment into 6WK to a whopping $30 million, the sort of figure all too rare in Berlin. Read More »

Task Outsourcing Platform Geoffrey Goes Live Across Germany

Task Outsourcing Platform Geoffrey Goes Live Across Germany

Most startups in Berlin are high tech - but not all of them. We wrote about Geoffrey (then known as AskGeoffrey, and pronounced “Jeff•ree”) earlier this year, and the service is now available to anyone in Germany. Geoffrey works for you: scheduling doctor's appointments, researching an upcoming trip, calling your landlord to discuss home repairs, etc. And it’s not just an army of AI-learned machines doing technological backflips in nanoseconds. Geoffrey is powered by real, local and bilingual people. Read More »

All Aboard: StartupBus Tales at the November Breakfast Meet Up

All Aboard: StartupBus Tales at the November Breakfast Meet Up

Spending four days on a bus with a bunch of strangers seems like a bit of a nightmare – but for the 25 brave souls who boarded in Berlin on October 26, it was the start of an “amazing” trip. They spent their time creating and hacking as they made their way to Cologne, Karlsruhe, Munich and finally Vienna, where they presented at the Pioneers Festival. Some of the intrepid 'buspreneurs' joined us for Silicon Allee's November breakfast meet up at Sankt Oberholz on Tuesday morning, and talked about the non-stop innovation that went on. One of the sponsors of the trip, as well as sponsoring our meet up, was freelance working platform Elance. Read More »

Fantastico! Italian Startups Meet Berlin to Talk Tech

Fantastico! Italian Startups Meet Berlin to Talk Tech

Italy and Germany go together like, erm, pizza and beer, and a startup event later this month will bring together tech experts from the two countries to discuss themes including technology, usability and the availability of funding. Organised by the Technology Foundation Berlin (TSB), the Italian Embassy in Berlin and the Italian Chamber of Commerce in Germany, the event will feature a variety of high-profile figures from both the public and private sectors. Italian Ambassador Elio Menzone will open the conference, which takes place at his Embassy on Tiergartenstrasse on November 11, and other speakers include Nicolas Zimmer, president of the TSB, Heinrich Arnold, head of Deutsche Telekom's Telekom Labs, the Factory's Simon Schaefer and Stefano Firpo from the Italian Ministry of Economic Development. Read More »

TechHub Opens Up Road to London with Berlin Launch

Berlin is a great place to found a startup – but it can be frustrating when it comes to growing out into the wider world. The news that TechHub is expanding into the German capital, then, will surely be welcomed by entrepreneurs here. Berlin will become the seventh location for the startup community and co-working space, which was founded three years ago by serial entrepreneur Elizabeth Varley and TechCrunch's European editor Mike Butcher. It will hopefully provide the opportunity for young companies to connect with entrepreneurs, investors, corporates and media in London and further afield. Read More »

Pavel Durov’s Telegram the Latest Move in the Race Against Surveilance

Pavel Durov’s Telegram the Latest Move in the Race Against Surveilance

Pavel Durov, one of the creators of the 'Russian Facebook', VK, made a surprise appearance at TechCrunch Disrupt on Monday to talk about his latest project, the non-profit Telegram. It's a messaging app with a focus on security, and as such incorporates end-to-end encryption and even self-destructing messages. And Durov – no stranger to finding himself out of favour with the Russian authorities – is hoping it will enable people to communicate more securely than they do now. Speaking on stage at the conference at Arena Berlin, he said that the advantage of such encryption is that the keys are created on the devices themselves, thus they don't have anything to show to the authorities. Read More »

Load More Posts
Scroll To Top