Germany

Finmid raises $24.7M to help SMBs access loans through platforms like Wolt

finmid is building an embedded finance product that targets that relationship between marketplaces and sellers, and raised a Series A round to further build out its product and enter new markets.

Tesla’s Berlin factory to shut down for days after suspected arson attack cuts power

Tesla’s factory outside Berlin, Germany will likely be shut down for days and cost the automaker more than $100 million, after a suspected arson attack on the local power grid. The fire didn&#82

Inkitt, the self-publishing platform using AI to develop bestsellers, nabs $37M

Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest of these into blockbusters and to build a new “Disney”

This German nonprofit is building an open voice assistant that anyone can use

There have been many attempts at open source AI-powered voice assistants (see Rhasspy, Mycroft and Jasper, to name a few) — all established with the goal of creating privacy-preserving, offline

Amie brings your email inbox to its calendar app

There’s a reason why some people are die-hard Microsoft Outlook fans. It brings together your emails, your calendar events and your contacts in a single app. But . . . it’s Outlook. And some p

Kittl raises another $36M for its browser-based design tool

Just a year after raising $11.6 million, Kittl raised another $36 million in a Series B round led by IVP with some existing investors participating once again. The Berlin-based startup has been workin

Insurtech Getsafe acquires a student loan platform to meet its future clients upstream

This is Getsafe's second acquisition in a few months, after it nabbed the German portfolio of ailing French insurtech company Luko.

N26 launches stock and ETF trading to complement its banking offering

Berlin-based banking startup N26 is rolling out a new stock and ETF trading feature starting with Austria as the first market. This product launch marks a renewed focus on the startup’s core markets

Google makes bid to resolve competition concerns in Germany over its automotive services bundling

Following competition objections raised on Google in Germany this summer over bundling of services including Google Maps via its Android-based in-car infotainment system software, known as Google Auto

Deal Dive: Training the workforce for the clean energy transition

Montamo hires and trains people to work in the clean energy transition with an emphasis on helping migrants build a new career.

Berlin climate startup ecoworks is using a high tech blend to decarbonize buildings

Berlin-based climate startup ecoworks is using digital technologies, AI and industrial robots to tackle a huge and critical problem: Energy inefficient buildings. Around three-quarters of buildings in

Scooter startup Tier lays off 22% of workforce to reach profitability

German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leusc

EU widens scope of food delivery cartel concerns probe

European Union antitrust regulators have carried out another series of raids on two online food delivery companies headquartered inside the bloc. The Commission hasn’t named the companies involv

Lidl owner and Bosch Ventures co-lead $500M Series B into German AI startup Aleph Alpha

German AI startup Aleph Alpha has raised a Series B funding round of $500 million from a consortium of seven new investors, as well as existing investors from previous rounds. Founded in 2019, Aleph A

While tech companies play with OpenAI’s API, this startup believes small, in-house AI models will win

ZenML wants to be the glue that makes all the open-source AI tools stick together. This open-source framework lets you build pipelines that will be used by data scientists, machine-learning engineers

European digital insurtech startup Getsafe acquires Luko’s German portfolio, reaches 550,000 customers

Getsafe, a German-based digital insurtech startup, has acquired the German portfolio of Luko, a French insurtech startup that recently neared insolvency before agreeing to be acquired by British insur

Google agrees to reform its data terms after German antitrust intervention

Following preliminary objections over Google’s data terms, set out back in January by Germany’s antitrust watchdog, the tech giant has agreed to make changes that will give users a better

Uber Eats and Getir ink tie-up in Europe for speedy grocery deliveries

Uber Eats and quick commerce player Getir have inked a grocery delivery partnership, starting in the U.K. The tie-up, which expands the range of groceries on tap for Uber Eats’ users, is slated

Babbel acquires language learning browser extension Toucan

Babbel, the popular subscription-based language learning service, today announced that it has acquired Toucan, the well-funded language learning browser extension. Toucan, it turns out, wound down as

E-bike subscription service Dance reaches 10,000 active subscribers

Here are two interesting tidbits of news about Dance, the German startup that offers electric bikes and mopeds via subscription packages. First, the company just added a handful of investors to top up
Load More