The demand for vegetarian and vegan meat and dairy substitutes in Germany is growing exponentially – in the same way it did for organic products a decade ago. Connoisseurs of the food trade can dig into this exciting market.
The Vodafone Group announced that it will establish a global competence center for research, development, and innovation in Dresden.
More than 20 percent – that’s how many more electric vehicle charging stations Europe’s automotive heartland had in December 2021 than in December 2020.
The industrial western German city of Duisburg is home to the world’s largest inland port and is expected to play a major role in the distribution of hydrogen as part of Germany’s drive to become climate neutral.
The German Ministry for Economic Affairs and Climate Action has picked 32 business endeavors, with an investment volume of more than EUR 10 billion, to take part in the EU-wide IPCEI (Important Project of Common European Interest) for microelectronics and communications technology.
Germany attracted 540 foreign direct business investments in the first ten months, only one fewer than in all of 2020 according to figures from Germany Trade & Invest (GTAI).
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.
The international business promotion agencies of Germany and Japan – the Japan External Trade Organization (JETRO) and Germany Trade and Invest (GTAI) – have kicked off a new project aimed at further strengthening economic ties between the two powerhouses.
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.
According to recent figures from Internet platform Dealcom, Germany comfortably leads the EU in absolute numbers of unicorns USD one billion exits with 53.