Deals
Timify secures 4.5 million euros
Timify has completed a financing round with €4.5 million. The Munich-based company plans to invest the money in product, marketing, and new customer acquisition. A…
study
On par with Berlin: This is how the Munich startup scene is doing
Based on the number of inhabitants, startup founding activity in Munich and Berlin ranks almost equally at the top in Germany. Financing rounds…
comment
How the virus is forcing us to digitize
The coronavirus pandemic has disrupted our usual routines in an instant. Because many things are no longer running as they used to,…
Needs Review
Federal government puts together new 2 billion package for startups
Yesterday, the German Startups Association published a survey: According to the survey, the coronavirus crisis is affecting nine out of ten startups in Germany. More than…
Deals
Global Savings Group acquires Igraal
At the end of last year, there was an initial announcement, and now the deal is complete: Global Savings Group is taking over the French…
Forbes 30 under 30 Europe
Five young Munich residents make it onto Forbes lists
Every year, the business magazine Forbes publishes lists of the most important young minds in Europe. This year, five Munich residents made it onto…
Inside Stories
Holoride: The car ride as a virtual reality game
Passengers in cars are often bored. Holoride uses real-time data while driving to create a completely new kind of experience using artificial intelligence…
financing
Flying taxi startup Lilium secures $240 million
Mega-investment for Lilium: The Munich-based flying taxi startup secures nearly a quarter of a billion dollars in fresh capital. Tencent is leading the financing round. The…
Deals
Accenture acquires ESR Labs
The management consultancy Accenture is acquiring ESR Labs. The Munich-based company develops software and platform solutions for automotive manufacturers and suppliers. The company's software…
ecosystem
Kevin Spacey returns to Bits & Pretzels
Bits & Pretzels continues its collaboration with Kevin Spacey. The actor will be featured at a virtual founders' breakfast next…