German Startups Receive Record €6.2 Billion in Investment: A Booming Ecosystem

Despite economic uncertainty, German startups raised a record-breaking €6.2 billion in investment, reinforcing the country’s position as one of Europe’s top innovation hubs. Berlin, Munich, and Hamburg remain key startup ecosystems, attracting international investors and fostering groundbreaking technologies. From AI and fintech to sustainability and healthtech, Germany’s startups continue to drive economic transformation, creating new […]

Taktile Raises €51.5 Million: Boosting AI Decision-Making for Fintech and Insurance

Taktile, a Berlin-based AI startup, has secured €51.5 million in a new funding round to accelerate the adoption of AI-driven decision-making across fintech and insurance sectors. The company’s platform enables businesses to automate complex decision processes, improving efficiency and reducing risk. With growing demand for AI-powered solutions, Taktile’s success underscores Germany’s leadership in AI innovation, […]

Fernride Explores Defense Applications: Autonomous Trucking Startups Enter New Markets

Fernride, a leading German startup in autonomous trucking technology, is expanding its applications beyond logistics and into the defense sector. Known for its remote-controlled and AI-powered trucking solutions, Fernride is exploring opportunities to integrate its technology into military supply chains, enhancing operational efficiency and security. With autonomous vehicle technology evolving rapidly, Germany remains a key […]

German economy must close digital tech gap with China, US

Once labelled the “sick man of Europe,” Germany is ailing again. Its economy is slowing more sharply than in the rest of Europe, and may well be in recession. Can it recover anytime soon? The factors behind Germany’s underperformance are not difficult to discern. As in much of the developed world, productivity growth has been […]