Digital Restaurant Ordering Platform Becomes Unicorn

Berlin start-up Choco has broken the USD one billion mark after taking in EUR 102 million in Series B-2 funding. The company, which offers ordering services to restaurants and food suppliers, doubled its value in the past 6 months and increased its users by 350 percent in 2021.

Germany’s Top Beer Brand is State Owned

Rothaus brewery which produces the beer Tannenzäpfle, is owned by the regional state of Baden-Württemberg. It has enjoyed centuries of success – and Tannenzäpfle has been named Germany’s top beer brand by business newspaper Handelsblatt and pollsters yougov for six years running.

Germans Investing in Smartphone Home Security

27 percent of Germans use smartphone technology to protect their homes. That’s the conclusion of a recent representative survey of over a thousand people by Germany’s digital industry association Bitkom.

Cologne Start-Up Develops Wearable Payment Ring

To initiate payment, users hold the ring three centimeters away from electronic card readers.

German and Israeli Firms Collaborate on Lab-Grown Meat

Aleph Farms from Israel is teaming up with Munich firm Wacker Chemie to develop a new procedure for producing cultivated meat, which is grown from animal muscle cells in a laboratory.

Germany’s Esports Business is a Big Winner

It’s bright, brash and worth BILLIONS. If you’re in sports and entertainment, you need to know about esports. Its popularity rivals that of traditional sports and is growing by leaps and bounds. Cities like Berlin and Cologne are European hubs of this future-oriented sector. Watch our video!

German Retail Turnover in 2021 Expected to Set Record

The Federal Statistical Office says that according to initial estimates, German retailers notched up a new record revenue level in 2021.

Meatless Goes Mainstream

The demand for vegetarian and vegan meat and dairy substitutes in Germany is growing exponentially – in the same way it did for organic products a decade ago. Connoisseurs of the food trade can dig into this exciting market.

Berlin Foodtech Infarm Becomes Late 2021 Unicorn

Vertical farming company Infarm has become the latest German start-up to join the coveted club of companies worth more than USD one billion. That was after a EUR 177 million round of funding.

Germans Warm to Social Shopping

A new study carried out by business magazine Wirtschaftswoche and pollsters YouGov suggests that people in the country are growing more enthusiastic about so-called social shopping.