Ada Health: Strategic Partnership with Samsung

The concept of Ada Health has convinced the 500-million-euro strong Catalyst Fund at Samsung to conclude a strategic partnership with the Berlin start-up.

Battery Go-Ahead

The coronavirus pandemic has put the kibosh on many companies’ plans around the globe but not those of battery producer AKASOL. The company’s second serial production line for lithium-ion battery systems at its Langen, Germany, production site is now operational – six months ahead of schedule.

EUR 60 Million for German Fintech solarisBank

Berlin fintech start-up solarisBank has booked a cool EUR 60 million in its latest round of financing. The company, which was founded in 2016, has taken in more than EUR 160 million from investors.

One to Watch: Girish Mathrubootham, CEO of Freshworks

Freshworks provides a broad range of simple-to-use business software.

Bepro11 Scores New Financing

Sportech startup Bepro11 has taken in an additional 8.8 million euros in financing, following a 10-million-dollar capital infusion in 2018.

Breakfast Made in Germany

Polish food producer VICI Polska is expanding to the city of Anklam in the northeastern German state of Mecklenburg-Vorpommern. It’s planning a 18-million-euro facility to make breakfast products for the Asian and Eastern European markets.

EUR 30 Million for Flexible Robots

It’s been a heady past few days for Wandelbots from the eastern German city of Dresden. The no-code industrial robotics start-up publically launched its TracePen programmer on Wednesday, June 17. And that came fresh on the heels of the company, founded in 2015, announcing it had taken in an addition EUR 30 million in venture capital.

Your Nexxt Partner

The online platform nexxt-change makes it easy for investors to search for German companies up for sale. Foreign companies can also discover SMEs and family businesses that are looking to partner up.

One to Watch: Srijna Jha, cofounder and CEO of Morph Green Tech

The physicist developed with her business partners the Solar Cube, an origami-inspired solar charger which uses PV integrated solar textiles and solar cells.

From Guangdong to Germany

A leading Chinese medical technology company has opened a dialysis equipment manufacturing plant in Mecklenburg-Vorpommern.