Funding Bonanza for Auxmoney
Düsseldorf fintech start-up Auxmoney landed the coup of 2020 thus far in early September, raking in EUR 150 million in financing from New York VC fund Centerbridge.
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German Economics Ministry Says Corona Recovery Well Underway
The German government is projecting 4.4 percent growth for 2021, with the economy likely to return to pre-corona levels in early 2022.
Japanese Power in Saxony-Anhalt
Japanese battery and fuel-cell specialist HORIBA Fuelcon is investing EUR 30 million in expanding the Technologiepark Ostfalen technology center in Barleben in the eastern German state of Saxony Anhalt.
Czech Online Supermarket Expands to Germany
One of the winners from the disruption caused by the coronavirus pandemic in Germany are online food delivery services. So it’s no surprise that online supermarket Rohlik from the Czech Republic is setting up shop in its larger neighbor.
Japanese-Bavarian Connections
The Japanese state-owned investment and foreign trade promotion organization JETRO (Japan External Trade Organization) has opened an office in the Bavarian capital Munich. The move underscores the growing relationship between the Asian economic powerhouse and the southern German state.
Cargo Bike Run Continues
The northern German city of Hamburg has extended a program to subsidizing the purchase of electric and conventional cargo bicycles.
Galluping Ahead
The renowned American pollster Gallup says that German leadership draws higher approval than that of any other country in the world.
Hydrogen-Hybrid Garbage Truck
There’s an unusual sight on the roads of the northern German city of Bremen: a hydrogen-hybrid garbage truck. It’s the first time such a vehicle, which features both battery and fuel-cell technology, has ever been used in practice.
Quick as a Hawk
Stuttgart’s Hawk supercomputer has set a new German standard in speed.
Huawei’s Berlin Flagship
The Chinese tech giant is opening global flagship store on Berlin’s luxury boulevard Kurfürstendamm.
