munich

Rethink rethinks mobility and logistics with new €50M fund

Rethink Ventures just announced a €50 million specialist fund focused on mobility, automotive and logistics. With keywords “clean, safe, and digital,” the Munich-based firm is focusing e

Can everdrop scale its plastic-bottle-free cleaning products, as well as build a global brand?

Household cleaning chemicals in the form of a tablet that can be dissolved in water appear to have given rise to a number of startups. As well as Munich-based startup everdrop, there is also Atmo Home

Pina Earth gets seed backing to grow sustainable forestry carbon credits

YC-backed climate tech startup Pina Earth has closed a $2.5 million seed round of funding a year after being founded and a few months since it presented at the accelerator’s Winter 2022 Demo Day

To succeed in the mass market, EV makers must focus on cost, not speed

As the global EV industry ramps up and crosses into the mass market, automakers must switch their focus from speed to cost, according to the AlixPartners 2022 Global Automotive Outlook released Wednes

Personio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time

Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a funding tear through the COVI

Rohlik bags $231M despite the market cooling on food delivery startups

The salad days are over for many startups in the online food delivery sector. Following a long period of cash injections, splashy and high-profile promotions, and interesting experiments toying with t

BitMEX crypto exchange lays off a quarter of staff after failed acquisition

Derivatives-focused crypto exchange BitMEX has laid off about 75 employees, or a quarter of the company’s staff, days after its founders’ plans to acquire a German bank fell through. Staff

AWS brings its Local Zones mini data centers to 32 new cities

Latency is critical for a lot of workloads, yet the large cloud providers typically build their major data centers where the electricity is cheap and the local tax incentives high. In recent years, th

Zavvy wants to modernize employee enablement

Employee enablement may not immediately strike you as the most exciting of topics, but giving your new employees tools for onboarding, training and setting up tools for performance reviews and other H

Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

Based out of the U.S., Sonder is a tech-driven hospitality company. It’s raised $529.6 million, and, in the post-pandemic world where the population has become far more movable due to remote working

Can carbon credits for improving forests help save them — and us — from climate change?

Rising pressure on big business to address the threat of climate change by decarbonizing their ops has, in recent years, led to huge demand for carbon offset schemes — enabling companies to buy

Berlin’s Mayd gets ~$34M Series A injection for fast pharmacy delivery

Berlin-based Mayd, a startup that’s building an on-demand medicine delivery platform in Europe, has fast followed a chunky seed raise last fall — with a €30 million (~$34 million) Series

Arive raises $20M for an instant delivery service beyond groceries and essentials

Instant purchase and delivery of food and other essentials was one of the big bubbles of opportunity in the world of e-commerce in the last year, with dozens of startups big and small emerging and sco

Fresh from a $10M round, Plan A launches SaaS tool for ESG reporting aimed at startups/VCs

With key ESG reporting regulations such as the EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR) covering more than 75% of European companies across the EU and the U.K., the regulat

Chinese EV startup Nio’s journey to the West

Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings call this week. Nio is already ta

Daniel Ek puts €100M into defence startup Helsing.ai, to support democracies

Just over a year ago, Spotify co-founder Daniel Ek pledged €1 billion ($1.2 billion) of his personal fortune toward funding deep tech “moonshot projects” spread across the next 10 years. In part

QOA brings in seed round to do for chocolate what Oatly did for milk

Its proprietary fermentation process will enable QOA to scale production by 2035 and be able to price its "chocolate" products the same or below the cost of traditional chocolate.

Personio, an HR platform for SMEs, raises $270M on a $6.3B valuation, expands into workflow automation

HR technology has been thrown into the spotlight in the last 20 months: COVID-19 has changed the way we work, and so how we manage people in the world of work has had to change, too. Today, a Munich-b

Tanso nabs $1.9M pre-seed to help industrial manufacturers do sustainability reporting

The climate crisis is creating massive demand for data capture as industries grapple with how to decarbonize. Put simply, you can’t cut your carbon emissions if don’t know what they are in

Commercetools raises $140M at a $1.9B valuation as ‘headless’ commerce continues to boom

E-commerce these days is now a major part of every retailer’s strategy, so technology builders and platforms that are helping them compete better on digital screens are seeing a huge boost in bu
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