Coronavirus restrictions have provided a huge boost to the digital learning sector in Germany,
shaking the country out of its traditional approach to education. Online learning companies
can now benefit from a range of government programs.
Experts agree that artificial intelligence (AI) will be one of the major technologies of the future. But AI is no longer just something from Silicon Valley. Germany is emerging as the ideal location for providers in Europe.
As part of its drive to push connectivity in Germany, the government has pledged to dramatically expand the country’s fiber optic network, especially in rural and remote areas. Start-up One Fiber from the southwestern city of Mainz has an innovative idea for how to do this: use Germany’s extensive rail system.
AI is becoming an increasingly important part of German society and business. International companies can get in on the action.
Up-and-coming Munich company Twaice has developed a software to analyze how much life EV batteries have left in them.
The coronavirus pandemic didn’t slow down the growth of fintechs in Germany – and may have even helped it. That’s the result of research carried out by the business magazines Finanz-Szene and Finance Forward using data from the German national government’s official registry.
The French and German governments are putting EUR 17.9 million into five projects aimed at using artificial intelligence to increase sustainability, identify and combat potential epidemics, and protect industry against disruptions to supply chains.
Medical technology leads the way in our bimonthly round-up of the biggest venture capital deals involving firms from Germany. But logistics, greentech and fintech companies also booked nine-figure funding rounds.
2021 was a very good year for the gaming sector in Germany. The German Games Industry Association (game) has calculated that revenue software, online fees and hardware shot up 17 percent last year over already records levels in 2020. Total turnover was EUR 9.8 billion.
In the first week of April, Berlin’s Grover became the latest German unicorn after raising USD 330 million in Series C funding.
