A Virtue of Necessity

With schools scrambling to teach children during Covid-19 lockdowns, teachers and parents discovered the value of educational technology. International companies are already finding a foothold in this rapidly growing market.

Germany Gets First Robotics Unicorn

Munich’s Agile Robots has announced a new EUR 186 million funding round, taking the total value of the young company past USD one billion. The round was led by Japanese investor Softbank.

BioNTech’s 16-Billion-Euro Boon for German Pharma

“It’s not often that a single product catapults a whole industry upward,” writes business newspaper Handelsblatt, but then again the product offered by German coronavirus vaccine developer BioNTech is no ordinary one.

Germany Gains a New E-Commerce Unicorn

After a USD 700 million funding round, online commerce company Berlin Brands Group (BBG) has cracked the coveted one billion mark.

Google Invests Billion in Digital Infrastructure and Clean Energy in Germany

A cool one billion euros – that’s how much tech colossus Google is putting into cloud computing infrastructure and sustainable electricity in the heart of Europe from now until 2030.

Germany’s Fintech Boom

The popularity of online financial and insurance services has created a bumper crop of opportunities for start-ups in both new areas and established sectors. International companies looking for a foothold in Germany can take advantage of this trend.

Amazon Opens New R&D Center in Dresden

Political VIPs turned out for a tape-cutting ceremony at Amazon’s new research and development facility in the Saxon city of Dresden.

Corona Barely Slowed Establishment of New German Businesses

The effect of the coronavirus pandemic on the plans of entrepreneurs setting up new companies in Germany has been far less than many feared.

German Chemical Industry Rebounds from Corona in a Big Way

EUR 111 billion in turnover and a 12 percent rise compared with a year ago – those are the record-setting figures published by the Association of the Chemicals Industry (VCI) for the first half of 2021.

Germany Marks One Million EV Milestone

57,000 electric vehicles were registered in Germany in July, taking the total number of EVs on Germany’s roads over the symbolically significant number of a million.