Berlin Foodtech Infarm Becomes Late 2021 Unicorn

Vertical farming company Infarm has become the latest German start-up to join the coveted club of companies worth more than USD one billion. That was after a EUR 177 million round of funding.

VC Investments in German Startups keep getting Bigger and Bigger

The raw numbers of venture capital deals for fledgling German companies may have remained constant, but the size of the investments continues to grow exponentially. To make our bi-monthly list of which start-ups raked in the most cash, companies needed to post at least EUR 125 million. This edition of the hall of entrepreneurial fame also underscores the dominance of the German capital in the start-up sector.

Why International Venture Capital has Finally Discovered Germany

According to recent figures from Internet platform Dealcom, Germany comfortably leads the EU in absolute numbers of unicorns USD one billion exits with 53.

Berlin – Where Startups Become Unicorns

Europe’s four quickest unicorns all come from Berlin – and that’s no accident. Those are two of the insights to be gleaned from the 2021 report on the state of European tech by venture capital investor Atomico.

One to Watch: Pratyush Saxena, founder and CEO of Ideatarmac

When Pratyush Saxena decided to move away from London in 2013, he chose the small, eastern German city of Jena as the best location to launch his new business, Ideatarmac.

Germany Gets First VC Fund Aimed Specifically at Women

Gesa Miczaika and Bettine Schmitz have a clear idea about their desired client based. Their EUR 15 million venture capital fund, Auxxo, is only available to start-ups founded by women or teams in which women own at least 20 percent of companies. Meanwhile 60 percent of the investors providing capital for the new fund are female.

New Figures Show Massive Rise in VC Investment in German Start-Ups

The amount of venture capital pumped into fledgling German companies in the first three-quarters of 2021 was 70 percent more than all of 2020 – that’s according to figures compiled by the online business magazine Pitchbook.

Making the Right Connections

Germany’s Digital Hub Initiative offers international companies significant advantages when it comes to building partnerships and driving innovation. Two examples from software and customer support services illustrate how the system works.

BioNTech Lifts Fortunes of Entire City

The co-developer of one of the two major m-RNA vaccines against Covid-19, BioNtech, is not only reaping the rewards of its innovative, life-saving work. It’s creating brand new possibilities in its home city, Mainz, in southwestern Germany.

Insurtech Clark Hits Unicorn Status

An acquisition has given Germany its latest unicorn. Digital insurance broker Clark has taken over Internet information platform Finanzen Group, elevating its own valuation, according to the company itself, to over USD one billion.