munich
Rethink Ventures just announced a €50 million specialist fund focused on mobility, automotive and logistics. With keywords “clean, safe, and digital,” the Munich-based firm is focusing especially on Europe-based startups…
Can everdrop scale its plastic-bottle-free cleaning products, as well as build a global brand?
Household cleaning chemicals in the form of a tablet that can be dissolved in water appear to have given rise to a number of startups. As well as Munich-based startup…
Pina Earth gets seed backing to grow sustainable forestry carbon credits
YC-backed climate tech startup Pina Earth has closed a $2.5 million seed round of funding a year after being founded and a few months since it presented at the accelerator’s…
To succeed in the mass market, EV makers must focus on cost, not speed
As the global EV industry ramps up and crosses into the mass market, automakers must switch their focus from speed to cost, according to the AlixPartners 2022 Global Automotive Outlook…
Personio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time
Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a…
Rohlik bags $231M despite the market cooling on food delivery startups
The salad days are over for many startups in the online food delivery sector. Following a long period of cash injections, splashy and high-profile promotions, and interesting experiments toying with…
BitMEX crypto exchange lays off a quarter of staff after failed acquisition
Derivatives-focused crypto exchange BitMEX has laid off about 75 employees, or a quarter of the company’s staff, days after its founders’ plans to acquire a German bank fell through. Staff…
AWS brings its Local Zones mini data centers to 32 new cities
Latency is critical for a lot of workloads, yet the large cloud providers typically build their major data centers where the electricity is cheap and the local tax incentives high.…
Employee enablement may not immediately strike you as the most exciting of topics, but giving your new employees tools for onboarding, training and setting up tools for performance reviews and…
Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital
Based out of the U.S., Sonder is a tech-driven hospitality company. It’s raised $529.6 million, and, in the post-pandemic world where the population has become far more movable due to…
Can carbon credits for improving forests help save them — and us — from climate change?
Rising pressure on big business to address the threat of climate change by decarbonizing their ops has, in recent years, led to huge demand for carbon offset schemes — enabling…
Berlin’s Mayd gets ~$34M Series A injection for fast pharmacy delivery
Berlin-based Mayd, a startup that’s building an on-demand medicine delivery platform in Europe, has fast followed a chunky seed raise last fall — with a €30 million (~$34 million) Series…
Arive raises $20M for an instant delivery service beyond groceries and essentials
Instant purchase and delivery of food and other essentials was one of the big bubbles of opportunity in the world of e-commerce in the last year, with dozens of startups…
Fresh from a $10M round, Plan A launches SaaS tool for ESG reporting aimed at startups/VCs
With key ESG reporting regulations such as the EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR) covering more than 75% of European companies across the EU and the U.K.,…
Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings…
Daniel Ek puts €100M into defence startup Helsing.ai, to support democracies
Just over a year ago, Spotify co-founder Daniel Ek pledged €1 billion ($1.2 billion) of his personal fortune toward funding deep tech “moonshot projects” spread across the next 10 years.…
QOA brings in seed round to do for chocolate what Oatly did for milk
Its proprietary fermentation process will enable QOA to scale production by 2035 and be able to price its “chocolate” products the same or below the cost of traditional chocolate.
Personio, an HR platform for SMEs, raises $270M on a $6.3B valuation, expands into workflow automation
HR technology has been thrown into the spotlight in the last 20 months: COVID-19 has changed the way we work, and so how we manage people in the world of…
Tanso nabs $1.9M pre-seed to help industrial manufacturers do sustainability reporting
The climate crisis is creating massive demand for data capture as industries grapple with how to decarbonize. Put simply, you can’t cut your carbon emissions if don’t know what they…
Commercetools raises $140M at a $1.9B valuation as ‘headless’ commerce continues to boom
E-commerce these days is now a major part of every retailer’s strategy, so technology builders and platforms that are helping them compete better on digital screens are seeing a huge…
Intel’s Mobileye, rental giant Sixt to launch a robotaxi service in Germany next year
Intel subsidiary Mobileye and rental car giant Sixt SE plan to launch a robotaxi service in Munich next year, the CEOs of the two companies announced Tuesday during the IAA…
iPhone inside 30 mins? Germany’s Arive brings consumer brands to your door, raises €6M
In Europe and the U.S. we are very much getting used to groceries being delivered within 15 minutes, with a huge battleground of startups in the space. Startups across Europe…
Health and wellness apps maker Palta raises $100M Series B led by VNV Global
Health and wellness apps startup Palta has raised $100 million in a Series B round led by Per Brilioth at VNV Global, with the participation of Target Global and other…
Launch vehicle startup Isar Aerospace lands an additional $75M in funding
A slew of launch startups have emerged in recent years to help meet growing demand from satellite providers, biotech companies and others looking to send payloads to space. One such…
Accel closes on $3B across three funds as it ramps up global investing
Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature…
After raising $10M, Ryte launches ‘Carbon KPI’ to measure the CO2 footprint of web sites
As we become more and more aware of the kind of impact we are having on this planet we call our home, just about everything is having its CO2 impact…
Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots
Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 million…
Holidu books $45M after growing its vacation rentals business ~50% YoY during COVID-19
Vacation rental startup Holidu has tucked $45 million in Series D funding into its suitcase — bringing its total raised since being founded back in 2014 to more than $120…
Final-mile fulfillment startup parcelLab closes $112M Series C funding led by Insight Partners
Munich-based parcelLab, which offers a final-mile fulfillment service for online retailers, has closed a $112 million (GB£80 million) Series C funding round led by the U.S. VC/PE firm Insight Partners.…
StudySmarter books $15M for a global ‘personalized learning’ push
More money for the edtech boom: Munich-based StudySmarter, which makes digital tools to help learners of all ages swot up — styling itself as a “lifelong learning platform” — has…
