The German Ministry for Economic Affairs and Energy is allocating nearly a billion euros to the H2 Global Foundation, a body set up by sixteen major players in German industry including Siemens Energy, Linde, Nordex and ThyssenKrupp.
Japanese VC fund Softbank together with previous investors is putting USD 200 million into Forto, taking the young Berlin company to USD 1.2 billion in value.
There was no let-up in eight-figure financing rounds for fledgling companies in Germany in Q2 2021, as the country’s start-up scene remained on course for a record year.
As was true for many sectors during the coronavirus pandemic, 2020 was a hard year for robotics and automation. But the industry looks headed for a major rebound
The German Ministry for Economic Affairs and Energy is seriously beefing up its support for innovative young artificial-intelligence companies.
The coronavirus pandemic has increased demands on GPs’ time and capacities while underscoring the advantages of hybrid and digital medicine. That’s a need Munich start-up Avi Medical wants to address.
There’s a new member of the German unicorn club. Munich fintech Scalable Capital is now worth USD 1.4 billion according to business website deutsche-startups.de.
With charging infrastructure being a major challenge to the spread of e-mobility, ME Energy’s solution could be a game changer.
One of Germany’s top scientific institutes – the Helmholtz Association – has come in second around the world in the 2021 Rising Stars Index of increased research productivity.
Among a spate of huge recent financing rounds, this one took the cake. Munich business software provider Celonis hauled in a cool USD one billion, taking the valuation of this innovative young company up to more than USD 11 billion.