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Instamotion

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Instamotion bought by Czech used car platform

The Czech online used car dealer Carvago has acquired the insolvent Munich-based startup Instamotion. The exact purchase price is unknown.

City Council

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Munich Startup Festival: Homework for the City Council

Four factions, four parties, four opinions? At the Munich Startup Festival, representatives of the Munich City Council spoke about the challenges of...

Munich startup scene

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No spring fever in the Munich startup scene

In the second quarter of 2024, the number of investment rounds and the average investment amount rose again slightly – no major leaps were made…

Ryte

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Ryte acquired by Semrush

The Munich-based website user experience platform Ryte has been acquired by Semrush, a SaaS platform for online visibility management. The acquisition is considered…

Allo

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Seed round: 4.6 million euros for restaurant startup Allo

Munich-based restaurant SaaS startup Allo has successfully completed a €4.6 million ($5 million) seed financing round. Lead investor…

Weekly Wrap-up

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Weekly Wrap-up 27/2024

The most important articles of the week in a photo gallery. So you can start the new week well-informed.

Parkhere

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Parkhere acquired by Everfield

The software holding company Everfield has acquired the Munich-based smart parking provider Parkhere. The startup's management team and more than 30 employees will remain…

Bye Bye Toe

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Your startups of the quarter

At the end of each quarter, we present the startups that have most impressed you over the past three months…

Eurofighter Helsing

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Helsing receives 450 million euros in Series C

AI defense company Helsing has closed its Series C funding round, raising €450 million. The round was led by General Catalyst.

Trail

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Trail secures €1.45 million in pre-seed round

Munich-based technology startup Trail has successfully completed its pre-seed financing round, raising €1.45 million. The round is led by…

employees

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Most startups are looking for new employees

Although the economic situation remains tense, eight out of ten startups in Germany plan to increase their staffing levels and hire new employees. This…

insolvency

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These Munich startups have been hit by insolvency

From the initiation of proceedings to their final conclusion, insolvency is a lengthy process – which is often…