Due to uncertainty amidst the coronavirus pandemic in 2020, the size of financing deals for start-ups in Germany decreased somewhat. But venture capital investments have come roaring back, with a number of young companies announcing impressive hauls, particularly from foreign investors. Here’s a round-up of seven of the bigger ones.
It is always interesting and inspiring to read stories about foreign investors who have made successful investments in Germany. Read our reports on the best cases.
Valmet Automotive is expanding – specifically to the town of Kirchardt in the southwestern regional state of Baden-Württemberg. The Finnish maker of batteries for electric vehicles (EVs) is converting an 11,500-square-meter former printing shop into its third production facilities overall and first in Germany.
There’s a new investment player in the largest city on the Rhine River. America’s Riverside has acquired two German venture capital firms and opened offices in Cologne.
In 2021, the US-Portuguese drone infrastructure company EVA was looking to expand its business in the fast-growing, future-oriented sector of unmanned aerial vehicle (UAV) sector. Germany Trade & Invest helped the young firm set up shop in Germany – in the town of Wildau in the state of Brandenburg near Berlin. We asked EVA spokesperson Isabel Nacke about the company’s new home.
The 2021 Foreign Direct Investment Confidence Index published by management consultants AT Kearney sees Germany retain its third-placed ranking after the United States and Canada.
Berlin food delivery start-up Gorillas is the latest fledgling firm to join the coveted club of companies valued at USD 1 billion or more.
Amidst all the disruptions caused last year by the coronavirus pandemic, Germany’s 100 largest tech start-ups took in an additional USD 3.7 billion in financing – or 37 percent of their total VC investments. That’s according to business consultants Ernst & Young.
The long-standing love affair between the US computer colossus and the Bavarian capital has reached a new plane, with Apple announcing that it will hire hundreds of new employers and build a new connectivity and wireless technology facility in Munich.
Berlin vertical agricultural start-up Infarm has announced the successful conclusion of a USD 100 million round of funding. This impressive cash injection comes on top of the USD 170 million the company raised last September.
Innovative young air taxi developer Volocopter has received a massive influx of capital from investors including German rail company Deutsche Bahn, Intel, Daimler and Geely as well as Continental and Blackrock.