EV Charging Start-Ups Book Big Venture Capital Rounds
Two fledgling companies specializing in charging infrastructure lead our bi-monthly list of some of the top VC investments in firms in Germany.
Your company is already operating in Germany and you would now like to export worldwide?
Two fledgling companies specializing in charging infrastructure lead our bi-monthly list of some of the top VC investments in firms in Germany.
The German national government and the state development bank KfW have agreed upon a new instrument, called “RegioInnoGrowth,” to finance innovative startups and SMEs.
Berlin renewable energy company Nextwind says it has taken in three-quarters of a billion euros in its latest round of financing.
The ICT sector accounts for 47 percent of all industry sector funding in 2021, followed by consumer goods and services (18%) and biotech & healthcare (11%).
A geographical breakdown of private equity investment by federal state puts Berlin out front with EUR 4,887 million for the year, followed by Bavaria (EUR 2,522 million), North Rhine-Westphalia (EUR 1,255 million), and Hamburg (EUR 1,185 million).
Source: German Private Equity and Venture Capital Association e.V. (BVK) 2022
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The findings of the annual German Start-up Monitor show a mood of optimism in the domestic start-up scene – despite the adverse impact of the Covid-19 pandemic.
The global Covid-19 pandemic has accelerated the digitalization process in Germany, with business investment levels on the rise.
According to an EY study, most venture capital in 2021 was invested in FinTech & InsurTech (EUR 3,767 million) followed by E-Commerce (EUR 3,711 million) and Software & Analytics (EUR 3,587 million).
Countrywide, Berlin secured the most VC investment funding with EUR 10,478 million in 2021 according to the EY study. The German capital was followed by Bavaria (EUR 4,432 million), Baden-Württemberg (EUR 599 million), North Rhine-Westphalia (EUR 566 million), and Hamburg (EUR 459 million).
Source: EY...