News & Podcast

Munich startup Deepdrive becomes a series supplier for a global automaker. Production of the electric motors is scheduled to begin in 2028. In addition, the company is expanding to China.

Munich startups expand to the UK: Microagi creates 180 jobs, Proxima Fusion grows. A new tech alliance aims to strengthen cooperation between both countries.

Scalable Capital has opened its own bank branch in Vienna, offering Austrian clients a local IBAN and automatic capital gains tax withholding for the first time. With competitive interest rates, the company aims to expand its position in the Austrian market.

Finches has closed a €2 million pre-seed funding round led by High-Tech Gründerfonds (HTGF) with Vanagon Ventures as co-lead. Find out here what the company plans to do with the new capital.

Munich-based healthtech startup Calliora has raised over €5.3 million ($6 million) in a pre-seed round led by Bertelsmann Healthcare Investments (BHI) and Redalpine.

Personio is acquiring Berlin expense management startup Circula, expanding its HR and payroll platform to include travel expenses, company cards, and employee benefits. Circula brings over 3,000 corporate clients and 250,000 users.

More than 1,400 charge points at over 230 locations: By investing in Groen-Eco, Munich startup Qwello expands its presence in the Netherlands.

Robco hits the billion-dollar mark: The robotics startup is valued at more than one billion dollars while also raising fresh capital. With the autonomous industrial robot Alfie and expansion into the US, the company is already planning its next steps.

Munich climate tech Turn2x has raised €20 million in a Series A financing round. The startup plans to use the capital to scale its e-methane technology and set up additional production sites following the launch of a commercial plant in Spain.

Germany plans to fund tens of thousands of interceptor drones from Quantum Systems for Ukraine, to be produced directly in the country. For the Munich defense-tech company, the announcement marks another massive scale-up of its German-Ukrainian production.

Munich-based HR tech startup Ahron has closed a €2.2 million funding round led by Cusp Capital, with participation from super angels and experienced HR business angels, including former Mercedes-Benz HR Director Sabine Kohleisen.

Bavarian energy startup Reverion has closed a Series B financing round of approximately 150 million euros ($175 million) to build, among other things, a new megafactory in Germany with an annual production capacity of 250 megawatts.