Sennder Joins Germany’s Unicorn Club
Berlin logistics start-up Sennder has cracked the USD one billion in value mark. The news, as reported by business newspaper Handelsblatt, came after the company concluded a USD 160 million round of financing.
Berlin logistics start-up Sennder has cracked the USD one billion in value mark. The news, as reported by business newspaper Handelsblatt, came after the company concluded a USD 160 million round of financing.
Professional services network Ernst and Young (EY) says the number of financing rounds for fledgling companies in Germany reached an all-time high of 743 in 2020 despite the economic disruption caused by the coronavirus pandemic. That was an increase of six percent.
The German government sees hydrogen technology as the key to the country’s clean energy future. It’s investing billions of euros in the sector. Germany aims to become the “world number one” in clean hydrogen energy technology – with the government investing €9bn. Our new video looks at how international businesses can get involved in German environmental H2.
Germany’s Ministry of Education and Research has announced it will be investing EUR 700 million in three major green hydrogen projects. The funds will be allocated by 2025.
Japanese, Polish, Norwegian and French investments in the North of Germany.
Are they bicycles? Are they automobiles? The answer: a bit of both.
Thuringia stands out as a blockbuster investment location in Europe’s heartland, even in years as turbulent as 2020.
Due to the complex effects of the Corona crisis, Hamburg Invest’s international relocation business has changed significantly. However, despite all difficulties, the following companies – beside others – were able to settle in Hamburg in 2020.
Coronavirus may have dominated the headlines last year, but Germany’s pharmaceutical companies were busy fighting disease on a number of fronts.
Berlin startup Mambu announced on January 7 that it has been valued at EUR 1.7 billion, making it Germany’s newest unicorn.