It’s a global trend that has come to Germany as well. Headline-making high-flyer investment deals for fledgling companies became considerably rarer over the past two months. Nonetheless, one Berlin start-up still managed to rack-up nine figures in new capital. Here’s our bi-monthly overview.
Self-proclaimed “start-up foundry” Campus Founders and the ZFHM Future Fund Heilbronn are establishing a twelve-week incubator program for fledgling artificial intelligence companies in the southwestern German city.
Launching a business is a sink-or-swim prospect – all the more so in a foreign country with a different language. But international entrepreneurs are increasingly braving the waters in Germany and feeling very comfortable.
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.
There’s a growing demand in Germany for financial investment solutions targeting women. Start-ups reorienting their financial services and products around female customers are poised to thrive in Europe’s largest economy.
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.
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.
Beating the heat – that’s become the imperative for many places in the northern hemisphere this summer. Start-up Green City Solutions from the eastern regional state of Brandenburg has come up with an interesting way to cool off urban areas.
The German Ministry for Economic Affairs and Climate Action (BMWK) is resuming its “Central Innovation Program for Small and Medium-Sized Enterprises” (ZIM). It’s the largest initiative of its kind in Germany and is involved in an average of 3500 projects annually.
The new German government is committing serious resources make the country a digital leader. Companies like fintech unicorn Qonto are taking advantage of the new emphasis on 1s and 0s in Europe’s largest economy. Watch our video!
