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According to reports on German news site Netzwertig<\/a>,\u00a0German taxi-hailing app MyTaxi has been acquired by automotive company and previous investor Daimler for an undisclosed amount. The Hamburg-based startup was founded in 2009, and\u00a0counts Hailo & Uber among its competitors. Expanding across Europe and eyeing the US market, myTaxi\u00a0raised \u20ac10 Million in 2012 from T-Ventures (Deutsche Telekom’s venture arm), Daimler, and business angels, which include Frank Thalen.<\/p>\n Here at the European Pirate Summit<\/a>\u00a0in Cologne this week, T-Ventures partner Thomas Grota, who led the investment in MyTaxi, tells me that the company had been receiving acquisition offers from competing taxi apps (possibly Hailo & Uber), and that Daimler ultimately decided to invoke its right to refusal as a current investor.<\/p>\n mytaxi has always been a star performer in our portfolio. Our engagement in the company has been highly positive on several levels: from the professional collaboration with the team to the successful exit. Our expectations have not simply been met, but exceeded.\u201d – Thomas Grota, T-Ventures<\/p><\/blockquote>\n According to a 2012 article from TechCrunch<\/a>, Daimler had taken a 15% stake in the company during its 2012 fundraising.\u00a0The acquisition makes sense, given that,\u00a0in Germany, Daimler manufactures 60% of all taxis. The opportunity to spread MyTaxi across taxi’s to create a new revenue model for Daimler. In addition, Daimler’s subsidiary Car2Go<\/a> already provides ride-sharing services using Daimler vehicles.<\/p>\n The fundraising announcement leaked last night after a disgruntled German taxi driver posted a blog post<\/a>\u00a0criticizing the changing commission model earlier this year, citing investor pressure.<\/p>\n