Tag: Company formation
Founder interest in Germany lower than ever
Berlin Germany as a business location is not very popular with founders. They rate Germany’s quality as a start-up location with a weak “satisfactory”. This is the result of an…
Battery manufacturer works on rechargeable batteries for electric flight
Dusseldorf, Frankfurt Manufacturers of batteries for electric cars have discovered a potential new market for themselves: civil aviation. The Swedish company Northvolt, together with its Californian subsidiary Cuberg, has developed…
This neobank is attacking N26
Bunq app Dutch neobank Bunq announces a profit for 2023. (Photo: mauritius images / M4OS Photos / Alamy / Alamy Stock Photos) Frankfurt The German neobank N26 is facing a…
When football is offside
At Seifert’s start-up Dyn Media, a new sports broadcaster, there isn’t quite as much money involved. However, the amounts are considerable for a young company: According to the founder, he…
Venture capital: US financiers avoid European start-ups
avocado The cargo bike provider failed when trying to raise fresh money. (Photo: Avocargo) Berlin The energy start-up Efficient Energy tried unsuccessfully, as did the food delivery service Alpakas and…
Energy unicorn Enpal is in the black for the first time
Installation of solar systems The German solar start-up Enpal reports a profit for the past fiscal year. (Photo: Enpal ) Dusseldorf The solar start-up Enpal is benefiting from the boom…
Energy unicorn Enpal is in the black for the first time
Installation of solar systems The German solar start-up Enpal reports a profit for the past fiscal year. (Photo: Enpal ) Dusseldorf The solar start-up Enpal is benefiting from the boom…
SAP is investing in three leading AI startups, including Aleph Alpha
SAP headquarters The group has been investing in AI for several years. (Photo: IMAGO/Revierfoto) Dusseldorf Dax group SAP wants to secure access to future technologies through investments in three start-ups.…
Schweizer Einhorn enters the heat pump business
Apartment building by Nokera The company produces houses made of wood, among other things, for publicly subsidized housing. (Photo: Nokera) Zurich The German-Swiss housing start-up Nokera is entering the business…
How AI is changing warfare
New York, Berlin, San Francisco Artificial intelligence (AI) is moving into the military – but that’s not to say what the cinema fears. “The self-learning killer from Terminator scenarios doesn’t…
Inflow of money to the founders is halved
Frankfurt The golden days for the German start-up scene are not coming back anytime soon. The total volume of investments in the first six months of this year fell by…
Deepdub wants to revolutionize film dubbing with AI
Deepdub team The Israeli company has already raised $26 million in funding. (Photo: Deepdub) Tel Aviv Morgan Freeman speaks accent-free Spanish on screen. The deep, distinctive voice of the Hollywood…
Photovoltaic developer Maxsolar secures money for expansion
Christopher Strasser Maxsolar develops, builds and operates systems for itself and for third parties. (Photo: MaxSolar) Frankfurt The Upper Bavarian photovoltaic developer Maxsolar has received 410 million euros from the…
Lilium secures fresh money – Earlybird comes on board
Representation of a Lilium jet at the terminal Lilium is planning a regional service with its own airports for its electric VTOL aircraft. (Photo: lilium) Berlin, Frankfort The German air…
Delivery service Getir is facing drastic cuts – and is fighting for investor funds
Frankfurt, Berlin, Dusseldorf Months after taking over German rival Gorillas, Turkish express delivery service Getir is facing drastic cuts. The company is burning between $80 million and $100 million a…
Delivery service Getir is apparently fighting hard against high costs – and for investor funds
Frankfurt, Berlin, Dusseldorf Months after taking over German rival Gorillas, Turkish express delivery service Getir is facing drastic cuts. The company is burning between $80 million and $100 million a…
Tesla boss Musk announces foundation of AI start-up xAI
san francisco Twitter CEO Elon Musk presented his company xAI for the first time on Wednesday. The aim of xAI is to “understand reality,” Musk wrote in a cryptic tweet…
Italian Post significantly increases stake in logistics unicorn
Sennder boss and co-founder David Nothacker Nothacker co-founded Sennder in 2015 and also initiated the joint venture with Poste Italiane. (Photo: Bloomberg/Getty Images) Berlin The Italian Post is significantly expanding…
That’s how much the USA depends on Europe when it comes to AI investments
new York 2023 is the year of the AI hype. At the end of November 2022, the Microsoft partner OpenAI ChatGPT went online. Anyone could use the text robot, which…
Millions in business with special models from Adidas and Nike
Stepan Timoshin At the age of 22, the Vaditim founder was already making millions in sales with sneakers via his web shop. (Photo: Vaditim) Dusseldorf Stepan Timoshin’s business begins with…