Germany’s Startup Sector Surges
Venture capital invested in fledgling companies in Europe’s largest economy has dramatically increased, and the number of firms being founded is on the rise as well.
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Venture capital invested in fledgling companies in Europe’s largest economy has dramatically increased, and the number of firms being founded is on the rise as well.
Germany Trade & Invest’s annual survey of foreign direct investment indicates that, despite a variety of challenges, companies are continuing to expand at a high rate in and to Europe’s largest economy.
The American artificial intelligence software giant is planning its first German office in Munich.
Exports to the United States have propelled the US to the top of the list of Germany's business partners.
Vattenfall commits over EUR five billion by 2028 to fossil-free energy production, e-mobility and related services in Europe’s largest economy.
The American IT giant has selected the southwestern German town of Ehningen as the site for its second quantum computing facility worldwide.
The number of new industrial robots deployed in Germany rose by 7% in 2023 – marking the largest annual increase ever recorded.
Dutch company AMG has opened Europe’s first lithium refinery plant in the eastern German area of Bitterfeld-Wolfen, as the German government pledges a billion euros to support domestic and international raw materials projects.
The Taiwan Semiconductor Manufacturing Company (TSMC) has begun work on a 10-billion-euro plant in Dresden as the European Union approves state assistance for the project.
In a new report, the Organization for Economic Co-operation and Development found that Germany was a world-class environment for AI and pointed out room for further development and growth.