Growth Spurt for Greentech

Germany’s efforts to transition to a sustainable economy have provided a major boost to funding for greentech start-ups. International companies are flocking to Germany to benefit from the boom in environmental technology and generous government incentives.

Meet Us at the ITS World Congress in Los Angeles!

Germany Trade & Invest (GTAI) will be appearing together with six innovative German partner projects at the ITS World Congress in Los Angeles, held September 18-22 . There will be presentations and free consultations with GTAI experts for international transport businesses interested in exploring opportunities to expand to the heart of Europe.

Five Big German Start-Up Financing Deals Defy VC Dip

After months and months of new records, venture capital investment worldwide shows signs of cooling off. Nonetheless, some start-ups in Germany continue to pull in the big bucks, led be a red-hot insurtech from Berlin.

Celonis Becomes Germany’s First Decacorn

Process mining and optimization company Celonis from Munich has become the first start-up in Germany to crack the EUR 10 billion valuation mark. This was after receiving a EUR 500 million line of credit and EUR 400 million in venture capital from the Qatari state-run Qatar Investment Authority.

Awards for International Businesses in Germany’s Industrial Heartland

Germany’s most populous regional state, North Rhine-Westphalia, has announced the winners of the 2022 edition of NRW Global Business AWARD. Taking the honors were companies from the US, Japan, the UK/Ukraine and the German city of Dortmund.

Germany is World’s Top FDI Destination Country

According to the Global Data Investment Monitor, Germany attracted more foreign direct investment than any other country in 2021. The Investment Monitor recorded 1537 projects, compared with 1517 for the United States in second place.

Billions in Business for US Chipmaker in Dresden

American semiconductor manufacturer GlobalFoundries has announced a massive new investment in its production facility in the eastern German city of Dresden. The project will be worth at least USD one billion.

Taiwan Tensions Add Further Impetus to Diversification

The ongoing discord between China and the West over Taiwan, which produces two-thirds of the microchips essential to things like mobile phones and cars, has given rise to fears of renewed disruptions to critical supply chains.

Prototype Battery Recycling Plant Breaks Ground

German chemicals multinational BASF has begun construction on a test plant for recycling batteries in town of Schwarzheide the eastern regional state of Brandenburg. The new facility represents an expansion of the company’s activities in this area.

Berlin: Germany’s Venture Capital

The German capital is famous for its start-up scene and trumps the rest of the country – and most European capitals – when it comes to investments. That’s why international venture capital funds are flocking there.