Proposal requested for the introduction of a novel electronic communications network, as directed by the Commission.
In the bustling startup scene of Germany, several significant developments have taken place recently.
GovRadar, a digital platform for municipalities, is currently being used by over 380 authorities in the country. Notable investors such as Karl-Theodor zu Guttenberg have backed this innovative solution.
Berlin-based early-stage investor Point Nine Capital and Forto co-founder Michael Wax have invested in Magic, an AI operating system for logistics, before its launch. Erik Muttersbach, another co-founder of Forto, is also involved in the logistics sector with Magic. Forto, previously known as FreightHub, has raised over $500 million in recent years.
IRIS, a prominent investor, has expanded its portfolio to include startups such as pyck (logistics) and Nala (ClimateTech) in Germany. However, the exact group of investors in Nala's ClimateTech venture remains unnamed in the available search results.
Nala, a Tanzanian fintech company specializing in financial services, has expanded to Kenya through partnerships with Equity Bank and Pesalink.
Comgy, a Berlin PropTech company, was on the brink of collapse at the end of 2023 but was saved. The Hager Group subsidiary advizeo (Paris) is now taking over Comgy, with the company focusing on the "pure software business and the provision of energy data infrastructure".
REWE, a prominent German retailer, has created a central point of contact for startups and innovators called the REWE Innovation Hub. This hub is divided into segments such as Food, FoodTech, and ClimateTech.
The #StartupTicker provides updates on the latest happenings in the startup world. Other notable startups in Cologne include factor168.ai, Einklang, CampaignOperator, Sight, and kaiika.
Several funding rounds and acquisitions have taken place recently. Kertos raised 14 million, suena energy raised 8 million, Cusp Capital invested in leadity, Agile Robots acquired idealworks, Cloud Coach acquired JustOn, SINGU bought net-haus, and nuwo has been sold.
For those seeking job opportunities in startups and companies, the job board offers a wealth of listings.
Lastly, Andreas Bruckschlögl, a serial entrepreneur, is releasing a guide for founders called "Startup!". This guide promises to be a valuable resource for anyone embarking on their entrepreneurial journey.
Stay tuned for more updates from the German startup world. The second STARTUPLAND event will take place on November 5.
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