Berlin food delivery start-up Gorillas is the latest fledgling firm to join the coveted club of companies valued at USD 1 billion or more.
Location / Regions in Structural Transition
Berlin vertical agricultural start-up Infarm has announced the successful conclusion of a USD 100 million round of funding. This impressive cash injection comes on top of the USD 170 million the company raised last September.
New challenges, new work environments, new needs: in Bremen, as in many other regions, 2020 will go down in history as the year of digital change. Despite the crisis, Germany’s smallest federal state recorded 40 foreign direct investments (FDI) with around 252 jobs created last year.
Berlin start-up MonitorFish has won the 2020 Change Award of the European Innovation and Technology Institute.
Steel producer Thyssenkrupp is joining forces with power plant operator Steag to build a facility for producing green hydrogen on an industrial scale at the western German Steag plant in Duisburg-Walsum.
Berlin logistics start-up Sennder has cracked the USD one billion in value mark. The news, as reported by business newspaper Handelsblatt, came after the company concluded a USD 160 million round of financing.
Berlin startup Mambu announced on January 7 that it has been valued at EUR 1.7 billion, making it Germany’s newest unicorn.
Finnish forest industry company UPM has begun construction a one-of-a-kind bio-refinery in the city of Leuna in the eastern German regional state of Saxony-Anhalt.
SKAN AG Group celebrated the groundbreaking ceremony for the next big expansion of its corporate site on the premises of the former lignite mine Görlitz/Hagenwerder in October 2020.
Throughout 2020, this website featured more than 350 articles and videos about Germany as a business and high-tech location. Below is a list so that you can catch up on anything you might have missed.