This Week in Germany: Investments kept rolling in

Christine G. Coester – 10. March 2017 Which German startups received investment this week and which closed up shop? Shell Technology invests in Tiramizoo The Munich-based same day delivery service Tiramizoo announced a new investment round. The round was led by Shell Technology Ventures with participation from existing backers Daimler, DPD, Bayrische Beteiligungsgeschsellschaft and Bayern Kapital. Tiramizoo’s co-founder

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Could Frankfurt become the new Berlin for startups?

Could Frankfurt become the new Berlin for startups? – The Local Photo: DPA / obs / CARGLASS GmbH DPA/The Local 2 January 2017 As Berlin sets its sights on becoming Europe’s biggest startup hub, there’s another German contender in the running, hoping to catch up through the finance technology scene. In Frankfurt’s towering Pollux highrise,

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Volkswagen Launches New Berlin-Based Company: MOIA

The Volkswagen Group has launched its own mobility services company at the “Tech Crunch Disrupt” technology event in London. The Berlin-headquartered new venture, called MOIA, will provide the manufacturer with a platform from which to drive forward its transformation into a “globally leading provider of sustainable mobility”, a statement said. A ride-hailing app will form

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Rocket Internet narrows losses but growth stalls

Rocket Internet narrows losses but growth stalls | Reuters German e-commerce investor Rocket Internet (RKET.DE) reined in losses at its main start-ups in the third quarter but revenue growth slowed at meal box delivery business HelloFresh and online furniture site Home24. The company published updated valuations for its major holdings, totaling 3.7 billion euros ($3.9

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VTech Completes Acquisition of German-based Snom Technology AG

VTech Completes Acquisition of German-based Snom Technology AG BERLIN and HONG KONG, Nov. 21, 2016 /PRNewswire/ — VTech Holdings Limited (VTech, HKSE: 303), the world’s leading manufacturer of cordless phones and a global leader in electronic learning products, today announced that the company has completed its acquisition of Snom Technology AG (Snom), the pioneer and a leading

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Will Berlin Become Europe’s Top Tech Hub?

­ <img height=”1″ width=”1″ style=”display:none” src=”https://www.facebook.com/tr?id=258384337829807&ev=PageView&noscript=1″ /> <img height=”1″ width=”1″ style=”display:none;” alt=”” src=”https://analytics.twitter.com/i/adsct?txn_id=nurig&p_id=Twitter&tw_sale_amount=0&tw_order_quantity=0″ /> <img height=”1″ width=”1″ style=”display:none;” alt=”” src=”//t.co/i/adsct?txn_id=nurig&p_id=Twitter&tw_sale_amount=0&tw_order_quantity=0″ /> With more than 2,500 startups in Berlin, why is Germany such a hotspot for entrepreneurship an what are the opportunities for business leaders? That was the focus of a live Twitter Q&A with two

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Rocket Internet Leaves Us Groping in the Dark

Rocket Internet Leaves Us Groping in the Dark – Bloomberg Gadfly Leila Abboud is a Bloomberg Gadfly columnist covering technology. She previously worked for Reuters and the Wall Street Journal. Writing about Rocket Internet sometimes feels like assembling a puzzle in the dark. Investors deciding whether to back the German start-up incubator will wish they could find

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Europe’s hottest startups 2016: Berlin

Population 3.6 million Size 892km2 Global cities index ranking 16 The Berlin startup scene used to be all about Rocket Internet, the company-building giant (or clone factory, depending on your point of view). The company has developed a portfolio – including star performers Delivery Hero and HelloFresh – that’s valued at €6 billion. “The Rocket

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