DGAP-News

German Startups Group invests in Bezahlt.de/Blackbill, the new FinTech startup of Kreditech founder Sebastian Diemer - Seite 2

FinTech segment. We are convinced that Sebastian Diemer and team will be
successful again and that they can grow considerably in the coming years."

German Startups Group increases its stake in Juniqe. Juniqe is a lifestyle
brand for handpicked, affordable art. Designs of international artists are
offered on posters and prints for walls as well as on shirts, stationery,
and home textiles by the online shop. The production is made to order,
which is why the business model does not require a large inventory and
generates higher margins. Additionally, the offered products cause lower
return rates than is the case with conventional e-commerce providers.
Juniqe already ships, according to the company, to 13 European countries,
grew 190% p.a. on average in revenue, and achieved a double-digit million
revenue already in 2015. Juniqe was ranked first on CB Insights' list of
"15 High Momentum German Early Stage Startups" in August 2015. The founders
appeared on the Forbes list "30 Under 30" in the category retail and
e-commerce in January 2016. German Startups Group has invested in Juniqe
since the Series A financing round already. The increase of the stake is a
result of German Startup Group's approach to invest in promising companies,
particularly of serial entrepreneurs, early and with limited employment of
capital and to gradually increase its investment in case of positive growth
indicators. This is unreservedly possible since German Startups Group does
not provide its capital in the form of venture capital funds with limited
terms, but as an investment company and therefore "evergreen". This
approach has recently become known as "patient capital" in the US. There,
the hypothesis is advocated that patient capital per se attains higher
returns in the VC segment since it is thus possible to invest for longer
periods of time in stake holdings and acquired shares do not have to be
sold untimely. Furthermore, patient capital is beneficial for the receivers
of venture capital and therefore attracts better investment opportunities.

Press contact
German Startups Group
Theo Bonick
Tel: [phone]
Mail: [e-mail]

German Startups Group - We Love Startups!

German Startups Group is a listed investment company based in Berlin that
focuses on young, fast-growing companies, so-called startups. The company
acquires majority and minority shareholdings mainly by providing venture
capital. The portfolio companies that German Startups Group holds also
stand to benefit from German Startups Group's expertise, experience and