Frankfurt

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

PlanetScale expands its database service with built-in performance monitoring and more

PlanetScale, the highly scalable MySQL database service founded by the co-creators of the increasingly popular Vitess open source project, today announced a series of updates that push the platform be

Salty, subterranean water could relieve world’s lithium shortage

Today’s lithium mines can't hope to meet skyrocketing demand. Startups like Lilac Solutions and Vulcan Energy Resources have leaped into action with new, more efficient lithium extraction processes

Cansativa Group grabs capital as Germany readies for recreational cannabis market

Cansativa Group is the only approved company in Germany providing business-to-business tools for customers to manage every stage of the cannabis value chain.

Tado, the German smart home energy startup, plans to go public via a SPAC at a €450M valuation

Tado, the German smart home startup that specializes in thermostats and more recently moved into flexible “time of use” energy tariffs based on loadshifting technology, is today announcing

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

Fast groceries startup Grovy hopes Eastern Europe and sustainability will set it apart

Yet another “quick commerce” 15-minute groceries startup is hoping to make a name for itself in this space, adding to the myriad companies currently crowding out this market. But Grovy is

iPhone inside 30 mins? Germany’s Arive brings consumer brands to your door, raises €6M

In Europe and the U.S. we are very much getting used to groceries being delivered within 15 minutes, with a huge battleground of startups in the space. Startups across Europe and the U.S. have raised

Cannabis and digital health startup Sanity Group closes $44.2M Series A led by Redalpine

Berlin-based cannabis and digital health startup Sanity Group has closed a $44.2 million Series A financing round led by Swiss VC Redalpine along with U.S.-based Navy Capital and SOJE Capital. GMPVC a

As it delists, Rocket Internet’s ill-fated experiment with public markets is over

It was all supposed to be so different. When Rocket Internet IPO’d in 2014 it was the largest tech company floatation in Europe for seven years. A year later it had lost $46 million and its valuatio

Microsoft’s Flight Simulator 2020 will launch on August 18

After a series of closed alpha tests, Microsoft’s Xbox Game Studios and Asobo Studio today announced that the next-gen Microsoft Flight Simulator 2020 will launch on August 18. Pre-orders are no

US intelligence bill takes aim at commercial spyware makers

A newly released draft intelligence bill, passed by the Senate Intelligence Committee last week, would require the government to detail the threats posed by commercial spyware and surveillance technol

Qatar Airways adds 10K seats while other airlines draw down their schedules

While most domestic and international airlines are cutting thousands of flights from their schedules due to the fallout of the COVID-19 pandemic, Qatar Airways is taking another route. The airline is

Cioplenu, the SaaS for ‘deskless’ workers on the production floor, raises €4.2M seed

Cioplenu, an Augsburg-based startup that is building what it dubs an “operating system” for the production floor, has raised €4.2M in seed financing. Berlin-based Cherry Ventures led the

Uber’s ride-hailing business hit with ban in Germany

Another legal blow for Uber in Europe: A regional court in Frankfurt has banned the company from sending ride-hailing requests to rental car companies via its app — with the court finding multip

Laurel Bowden of VC firm 83North on the European deep tech and startup ecosystems

London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier. It last raised a $250 million fund in 2017 and expects to continue the same investment

Ford unveils lineup for Europe to outpace gas and diesel vehicle sales by 2022

Ford unveiled a range of hybrid vehicles Tuesday at the Frankfurt Motor Show as part of its plan to reach sales of 1 million electrified vehicles in Europe by the end of 2022. Ford introduced hybrid

Let’s look inside Volkswagen’s new ID.3 electric hatchback

The Volkswagen ID.3 that debuted ahead of the IAA International Motor Show in Frankfurt looks like a compact hatchback. And it is. But inside, customers might feel like they’re sitting in a bigg

DigitalOcean launches managed MySQL and Redis database services

Half a year after launching its managed PostgreSQL service, upstart hosting and cloud services platform DigitalOcean today announced the launch of its managed MySQL and Redis database offerings. Like

Drone sighting at Germany’s busiest airport grounds flights for about an hour

A drone sighting caused all flights to be suspended at Frankfurt Airport for around an hour this morning. The airport is Germany’s busiest by passenger numbers, serving almost 14.8 million passe
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