Germany’s Fastest Growing Start-Ups
Which sectors are best negotiating corona-related business challenges in Germany? One good indication is Business Insider newspaper’s list of the country’s 100 fastest growing start-ups.
Editor’s Choice
Transporting Hydrogen
Germany is going big on hydrogen, with government support of at least EUR 10 billion going into green power-to-gas technologies in the years to come. But one aspect that often gets overlooked is how to transport H2.
EVs and Hybrid Quadruple Market Share
According to figures from the Federal Motor Transport Authority and the German Association of the Automotive Industry (VDA), the number of newly registered electric vehicles (EVs) and plug-in hybrids (PHEVs) in Germany grew by some 400 percent in August. 33,203 such cars were registered, accounting for a record 13.2% of the market.
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.
Galluping Ahead
The renowned American pollster Gallup says that German leadership draws higher approval than that of any other country in the world.
Quick as a Hawk
Stuttgart’s Hawk supercomputer has set a new German standard in speed.
Windfall for Omio
The travel industry has been very hard hit by the corona pandemic and its various restrictions. But Berlin start-up Omio is bucking the trend in a big way. The travel platform has just taken in EUR 100 million in additional venture capital from investors including Goldman Sachs.
North Sea Launch Pad
Could a German offshore facility really be blasting off small-scale rockets into space any time soon? If the German industrial association BDI and a number of shipbuilding companies get their way, the answer to that question will be yes.
Leipzig Quality of Life
Berlin, Hamburg and Munich may grab more headlines, yet slowly but surely the eastern German city of Leipzig is beginning to attract attention as an excellent place to live and work.
Taking a Spin in Germany
US automaking giant Ford has joined the German e-scooter market. This summer, Ford subsidiary Spin rolled out two-wheelers in the western German cities of Cologne, Dortmund and Essen.
