Tier Scooters Sweep Up $250 Million
Japanese high-tech investor Softbank is putting USD 250 million into the German firm “Tier” and its fleet of vaguely fluorescent aquamarine vehicles
Investors
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.
Berlin Fintech Vivid Raises €15m
Start-up Vivid Money is less than a year old, but the financial platform from the German capital is already making headlines. The company has just raised a cool EUR 15 million in Series A financing.
Germany: Ripe for Investment
GTAI’s new report on foreign direct investment shows that Germany remains a top destination for global investors.
Hydrogen Start-Up Enapter to Enter Mass Production
Saerbeck in the western German state of North-Rhine Westphalia is a modest-sized town of 7200 inhabitants, but it’s about to become a very big address in the hydrogen sector. That’s after Italian-Thai company Enapter announced it will begin mass production of its modular Anion Exchange Membrane (AEM) electrolyzers there.
Remote Learning Made Simple
One million users a month – not bad for a fledgling company whose founders not so long ago struggled to earn ten euros on Youtube in that time span.
Medtecs Head List of German Start-Up Financing Winners
Amidst the coronavirus pandemic restrictions, some companies managed to buck the trend and reel in some serious capital. Not surprisingly, they were led by medtechs, including the two firms widely known for working on Covid-19 vaccines.
Tesla Gigafactory Sets New Construction Speed “Record”
US electric carmaker Tesla has gotten off to a flying start in its goal of completing its first European “gigafactory” in Grünheide near Berlin.
Hyundai Comes to Bavaria
South Korea’s Hyundai Robotics has opened up its first Continental European office in Ismaning, just north of Munich.
Funding Bonanza for Auxmoney
Düsseldorf fintech start-up Auxmoney landed the coup of 2020 thus far in early September, raking in EUR 150 million in financing from New York VC fund Centerbridge.
Japanese Power in Saxony-Anhalt
Japanese battery and fuel-cell specialist HORIBA Fuelcon is investing EUR 30 million in expanding the Technologiepark Ostfalen technology center in Barleben in the eastern German state of Saxony Anhalt.
