Solarbank secures €160 million funding - Cusp Capital backs SimplyDelivery, Hedosophia investment in Kaia Health
In the bustling world of business, the DACH region (Germany, Austria, and Switzerland) continues to see a flurry of activity, with several key players making strategic moves. However, as of early to mid-July 2025, there has been no recent news of investments or acquisitions involving Solarisbank, SimplyDelivery, Kaia Health, Cevotec, or mymoria.
Let's take a closer look at some of the transactions that have taken place in the region:
- Vertiseit, a leading company, completed the acquisition of MDT on July 7, 2025. This move added approximately 20 MSEK in annual recurring revenue and is expected to have a slightly positive impact on profitability.
- Bridgepoint, a global private equity firm, announced its majority stake acquisition in German insurance broker Hanseatic Broking Center (HBC) around July 29, 2025. HBC has bolstered its capabilities through recent acquisitions of specialist brokers, aligning with trends in the German SME insurance market.
- Grouplink, a private equity-backed company, announced the acquisition of ASPICON on July 24, 2025. This deal enhances Grouplink's IT service offerings in the DACH region.
While there's no news of deals involving Solarisbank, SimplyDelivery, Kaia Health, Cevotec, or mymoria in these results, further searches may reveal more.
Moving on, mymoria, a digital funeral home based in Berlin, has been actively pursuing a growth strategy to become a market leader, extending beyond online services. The company has recently invested 15 million euros, with Kalodion (the family office of Saarland entrepreneur David Zimmer), Egora Holding investment group, and existing investors contributing to this funding.
Cevotec, a company offering "Fiber Patch Placement", a production technology for carbon fiber composites, has seen a change in ownership. Cevotec GFM, a family-owned company, has acquired 49% of Cevotec. The company was founded by Felix Michl, Thorsten Gröne, Neven Majic, and Klaus Drechsler.
Kaia Health, a company developing digital therapies for chronic diseases, has received an investment of 65 million euros from an unnamed "leading growth fund" and Hedosophia. Over 500,000 users already use Kaia Health's digital therapy programs.
SimplyDelivery, a management system for delivery services and restaurants, founded in 2014, has a valuation of between 30 and 40 million euros. The company has recently received an investment of 10 million euros from Cusp Capital and Fortino Capital.
Solarisbank, a Banking as a Service FinTech, holds a full banking license and is an important partner for numerous companies. HV Capital, yabeo, Vulcan Capital, Samsung Catalyst Fund, and Storm Ventures are among the investors in solarisBank. The company has recently received an investment of 160 million euros, reaching a post-money valuation of 1.36 billion euros.
Hedosophia, a quiet investor around Michael Bloomberg and Ian Osborne, has previously invested in companies like N26, Raisin, Bitpanda, Scalable Capital, sennder, Billie, and flaschenpost.de.
In the dynamic world of business, these transactions shape the landscape of the DACH region, setting the stage for future growth and innovation. Stay tuned for more updates!
- Although Solarisbank, a digital bank, recently received an investment of 160 million euros, it was not mentioned in the recent transactions within the DACH region.
- In a different update, Hedosophia, an investment firm known for backing several FinTech companies, has not been associated with any recent financing activities involving Solarisbank, SimplyDelivery, Kaia Health, Cevotec, or mymoria.
