Tag: German
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German deeplify raises €2M to modernise infrastructure inspections
German industrial AI startup deeplify has announced the successful closing of a €2 million pre-seed funding round. The round was led by D11Z Ventures, with participation from Vanagon Ventures, EWOR, and a group of strategic business angels. The investment will support the company’s mission to modernise how critical infrastructure is inspected and managed. The company read more
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German fintech Solaris to axe 20 per cent of 400-strong workforce, as becomes “AI-native bank"
One of Germany’s most high-profile fintechs inrecent years is cutting 20 per cent of its workforce, as it looks to become an “AI-nativebank”, marking the latest restructure at Solaris. Solaris,which offers white-label banking services and is known as a BaaS (Banking-as-a-Service) provider, is axing around 80 roles across its approximately 400-strong workforce, as it undertakes read more
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German INCIRT secures €4.8M to power next-gen chip architecture in Europe
INCIRT, an Aachen-based deeptech company, has closed a €4.8 million funding round led by Lifeline Ventures, with participation from High-Tech Gründerfonds. INCIRT is developing a new generation of data converters capable of delivering up to 100 times faster data conversion than conventional approaches. Instead of relying on increasingly smaller and more costly manufacturing nodes, the read more
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How the Berlinale Turned Into a Horror Show of German Censorship
Despite its desperate attempts to divorce art from politics, the Berlin International Film Festival (Berlinale) sparked controversy yet again after multiple prizewinners’ acceptance speeches included criticisms of Israel and Germany. Amid speculation that Berlinale Director Tricia Tuttle could be ousted as the event executives navigate the next steps, hundreds of film professionals have come to read more
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Lakestar-backed German drone maker Twentyfour Industries emerges from stealth
A Munich-based drone maker, backed by Lakestar, has come out of stealth, trumpeting its sovereign defence production credentials. Called Twentyfour Industries, the startup, incorporated in late 2024, has raised $11.8m from Lakestar, OTB Ventures, and 468 Capital. It says it hasmoved from product design to production and field deployment of European drones in less than read more
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German sustainability software outfit osapiens becomes unicorn, following $100M raise
German startuposapiens,which providessoftware-as-a-service (SaaS) services to help companies meet ESG targets, says it has become a unicorn after raising $100m. The Series C round was funded solely by Decarbonization Partners, the joint venture betweenBlackRockand Temasek focused on late-stage VC investing in decarbonising tech. The company isnow valued at over $1.1bn, following this round, it said. read more
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Wayve acquires German startup Quality Match
Wayve, the UK self-driving startup, has acquired a German startup which specialises in analysing AI model training data for automated driving..The UK startup has acquiredQuality Match, founded in 2019, whichemploys around 20 staff, for an undisclosed amount. The acquisition comes as London-based Wayve looks to trump rivals such as Tesla to prove that its tech read more
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