Digital Minister Judith Gerlach (center) with the award winners at the 1st Bavarian Digital Prize B.Digital in Nymphenburg Palace

Needs Review

Munevo Drive and Edjufy awarded Bavarian Digital Prize B.Digital

Bavarian Digital Minister Judith Gerlach has awarded the B.Digital Digital Prize to three companies and three volunteer projects. Two winners each…

advitos

Deals

20 million euros for medtech company Advitos

Advitos closes a €20 million financing round. The Munich-based medical device manufacturer offers a treatment for multiple organ failure.

Letsact eV

Deals

Fonds Finanz and Bayerische acquire Letsact

Two Munich-based insurance companies, Fonds Finanz and Bayerische, are acquiring a majority stake in Lets GmbH, operator of the volunteering platform Letsact. The…

Kea Robotics

Deals

Frank Thelen joins Kea Robotics

Kea Robotics develops modular robots for use in small and medium-sized enterprises. Frank Thelen is joining the market with his investment firm Freigeist…

Scalable Capital Martin Krebs

Deals

Scalable Capital receives 150 million euros

Scalable Capital receives €150 million in fresh capital as part of a Series E financing round. The Munich-based company offers a digital asset manager and…

Flixmobility SE Flixbus Flix

Deals

More than 530 million euros for Flixmobility

Flixmobility, the parent company of Flixbus and Flixtrain, has closed a Series G round of €534 million ($650 million). The company's valuation…

Fintecsystems

Deals

Fintechsystems is acquired by Tink

The Stockholm-based open banking platform Tink is acquiring the Munich-based company Fintecsystems. As part of Tink, Fintecsystems will continue to serve the German-speaking region…

Stephan Rohr and Michael Baumann, Co-CEOs and founders of Twaice

Deals

Battery analysis startup Twaice secures 21 million euros

Munich-based battery analytics company Twaice has raised more than €21 million ($26 million) in a Series B round. Energize Ventures…

The Vcoach founding team

Deals

Vcoach closes pre-seed financing

Vcoach has secured pre-seed financing in the high six-figure range. In addition to Better Ventures, several business angels are investing in the Munich-based startup.

Holidu founders Michael and Johannes Siebers (from left)

Deals

37 million euros for holiday home broker Holidu

Holidu is growing despite the coronavirus crisis and has secured €37 million in a Series D financing round. 83North is leading the investment at the Munich-based…