There’s no question which city is Germany’s start-up capital. According to a report by consultancy Ernst & Young, the so-called start-up barometer, 2.1 billion of the 2.8 billion euros invested in fledgling German firms in the first half of 2019 went to Berlin.
Investors / Startups
NautilusLog’s new app allows captains to record crucial data – such as speed, course, position, cargo, weather info and daily events – on their smartphones and then store it in a cloud for simplified access and distribution.
The Berlin-based start-up Visseiro has come up with a simple, award-winning solution for monitoring key vital signs in real time: an ergonomically designed “smart pad” that can be used while seated through normal clothing, or even in a bed beneath a newborn baby.
A Hamburg-based start-up, E-Farm, now active on four continents, has developed a mobile app and online platform that makes it easy to advertise, search for, and purchase a wide range of second-hand farm machinery.
The Leipzig-based FinTech company Q-lipay is helping immigrants in Europe and the U.S. pay bills and buy products and services for their loved ones worldwide – and it’s all done safely, cheaply, and in real time.
Clue, the business Ida Tin co-founded with her partner Hans Raffauf, is the embodiment of Femtech: a global app to help women track and understand their menstrual cycles and share the data with their partners and families.
Munich start-up Lilium has carried out a successful initial test flight of a prototype for the world’s first all-electric, vertical-take-off-and-landing air taxi.
The hype around Germany’s tech scene is turning into reality, as the investment data from 2018 shows. With a sharp spike in mega-round investments, an increase in funding from overseas and a new generation of unicorns, the future is looking bright.
Gunjan Bhardwaj chose Germany as the place to launch his advanced search and discovery solution. His company assists the healthcare industry by organizing and analyzing vast amounts of data using artificial intelligence.
Germany’s population of fairy-tale start-ups grew by one in May, when the travel platform Getyourguide cleaned up $484 million in capital funding.