Quantum sensing startup Q-CTRL raises another $27.4M

Two quantum-adjacent technologies — quantum sensing (QS) and quantum communication (Qcomm) — are as important as quantum computing hardware itself since they help make quantum computers fu

Elon Musk’s Twitter hit with Holocaust denial hate speech lawsuit in Germany

Twitter owner and self-proclaimed “free-speech absolutist” Elon Musk is facing a legal challenge in Germany over how the platform handles antisemitic hate speech. The lawsuit, which was fi

Germany is looking into PayPal’s terms for merchants

Veteran tech giant PayPal is facing an antitrust investigation in Germany — where the Federal Cartel Office (FCO) has announced it’s looking into its rules on surcharges. The regulator is

Google users not given sufficient choice over its data processing, says German antitrust watchdog

Bad news for Google in Germany — where the antitrust watchdog has issued a preliminary statement of objections over its data processing terms and said it’s currently planning to require t

Qonto plans to move Penta customers to its platform by the end of 2023

Last year, French startup Qonto acquired its German competitor Penta. Both companies offer business bank accounts for small and medium companies as well as freelancers. Today, Qonto shared some detail

Trade Republic, a popular stock trading app, adds 2% interest on cash

While German startup Trade Republic is better known as a mobile app that helps you buy and sell stock, the company is adding interest on uninvested cash. Users who hold cash in their Trade Republic ac

Foundamental closes $85M fund for early-stage construction tech startups

The trillion-dollar construction industry is often tarred with the inefficiency brush, accused of failing to move with the times and ignoring digitization in favor of legacy tools. But there is plent

Onomotion raises €21 million to expand e-cargo bike urban logistics business

Berlin-based Onomotion has come up with a scalable way to do micromobility-powered urban logistics — cargo e-bikes with built-in cover from the elements and attachable containers. Today, Onomoti

Dropbox acquires Boxcryptor assets to bring zero-knowledge encryption to file storage

Dropbox has announced plans to bring end-to-end encryption to its business users, and it’s doing so through acquiring “key assets” from Germany-based cloud security company Boxcrypto

Meta’s VR remains under antitrust abuse watch in Germany

Germany’s Federal Cartel Office (FCO) is claiming credit for Meta untying its virtual reality headsets from its social accounts — a change of direction the company announced back in August

Ukio, a premium apartment rental platform for Europe’s ‘flexible workforce,’ raises $28M

Ukio, a short-term furnished apartment rental platform aimed at the “flexible workforce,” has raised €27 million ($28 million) in a Series A round of funding. The cash injection constitu

Musk’s impact on content moderation at Twitter faces early test in Germany

A German law requiring social media platforms to promptly respond to reports of hate speech — and in some cases remove illegal speech within 24 hours of it being brought to their attention &#821

Germany widens antitrust probes of Amazon to loop in special abuse controls

Germany’s antitrust watchdog has moved to widen an existing investigation of Amazon’s business in the market in light of special abuse powers it confirmed are applicable to the ecommerce g

Y42 wants to become mission control for your data pipelines

When Berlin-based Y42 launched in 2020, its focus was mostly on orchestrating data pipelines for business intelligence. That mission has expanded quite a bit over the course of the last couple of year

Flowers Software helps SMBs manage their workflows

Workflow automation may not be what gets you out of bed every morning, but it has long been a hot topic in the world of enterprise software. There are few businesses, after all, that don’t have

Volocopter raises $182M to bring air taxi closer to certification

Volocopter, a German startup building electric vertical takeoff and landing (eVTOL) vehicles, has secured $182 million for the second signing of its Series E round. That’s on top of the $170 mil

Human Impact Capital is a new $50M fund investing in social impact startups

Redstone and EnjoyVenture have combined forces to create Human Impact Capital (HIC), Germany’s first dedicated scial impact VC fund. The fund will deploy cash into digital business models focusing o

N26 adds crypto trading with new Bitpanda integration

Challenger bank N26 is launching a new trading feature in its app — N26 Crypto. Users will be able to easily trade crypto assets using money in their N26 account. Behind the scenes, N26 is partnerin

Holidu pockets $102M to keep growing its vacation rentals business in Europe

Munich-based software and services vacation rental startup, Holidu, has topped up its coffers with an oversubscribed €104 million (~$102 million) Series E funding round of equity and debt, led by ex

Inside Sono Motors’ family-friendly $25,000 solar EV

Sono Motors, the company building an electric vehicle that’s partially powered by the sun, debuted its flagship Sion in New York City this week as part of a multi-city tour throughout the U.S. T
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