Germans are mad about games of all varieties – this has become evident during the corona lockdowns. And Brexit has increased Germany’s appeal as a location for international game developers, producers and marketeers.
Industries / Digital Economy
The German Ministry for Economic Affairs and Energy and the country’s business development bank, the KfW, have improved credit terms for companies looking to finance digitalization and innovation projects.
The healthcare industry in Germany is undergoing massive digitalization. It’s a process that will require lots of input from innovative companies – and will create lots of business opportunities. Watch our new video!
Japanese VC fund Softbank together with previous investors is putting USD 200 million into Forto, taking the young Berlin company to USD 1.2 billion in value.
The German Ministry for Economic Affairs and Energy is seriously beefing up its support for innovative young artificial-intelligence companies.
The coronavirus pandemic has increased demands on GPs’ time and capacities while underscoring the advantages of hybrid and digital medicine. That’s a need Munich start-up Avi Medical wants to address.
There’s a new member of the German unicorn club. Munich fintech Scalable Capital is now worth USD 1.4 billion according to business website deutsche-startups.de.
Among a spate of huge recent financing rounds, this one took the cake. Munich business software provider Celonis hauled in a cool USD one billion, taking the valuation of this innovative young company up to more than USD 11 billion.
How to turn a fox into a multiple unicorn? All it takes is a promising business idea and a massive influx of capital such as the USD 650 million just raised by Berlin Insurtech Wefox.
A new survey commissioned by digital business association bitkom has confirmed what anyone who has recently visited a German supermarket knows. Amidst the coronavirus pandemic, shoppers are increasingly turning to electronic payment options.