DEUTSCHE POST INVESTS IN E-BUSINESS START-UPS

DEUTSCHE POST INVESTS IN E-BUSINESS START-UPS

   Deutsche Post Ventures GmbH, a venture capital company of Germany’s Deutsche Post World Net group, is investing in two e-business start-ups, smartmission AG in Munich, Germany and IQA AG in K'snacht, Switzerland.

   Deutsche Post Ventures will acquire a 10-percent stake in the Swiss technology company IQA AG and is to acquire an undisclosed share in smartmission AG.

   Smartmission specializes in supply chain solutions for healthcare requirements. Apart from its financial contribution, Deutsche Post World Net will be bringing its logistics expertise and the group’s global network into the partnership with smartmission AG.

   IQA AG manages and updates customer data with the OK Customer Online Information platform of the Swiss market. “It is the leading platform for the exchange, synchronization and networking of customer data,” Deutsche Post said.

   These are the first investments in start-ups by Deutsche Post Ventures, which has been operating since December. Negotiations are already underway with further candidates, Deutsche Post said.