Snoop Dogg backed cannabis company🌿, Germany's plan to make EU tech hub🇪🇺, and tips from Celonis founder🦄
16.02.22
https://www.germantech.news/
🗞 What you've missed
Important headlines and their gists
Germany's finance minister is planning a 1 Billion Euros program to boost Europes startup scene
(German - 3 mins read)
Germany plans to make the EU a hub for Tech-Champions according to plans introduced by the FDP capitalist minister of finance of Germany Mr. Christian Lindner, the plan is and has the support of many tech investors like Carsten Maschmeyer (billionaire's co-host of Höhle der Löwen TV show) let's hope for the best
Trade republic neo-broker released its customers' segments, showing a huge growing youth base
(German - 8 mins read)
Germany's top neo-broker released an analysis of around 200,000 of its users, almost 70% under 35 years and around half of them are between 18 and 26 years old, 15% of investors under 35 stated that they invested for the first time in 2020. The main reason why people invest is to have a decent retirement by investing long term. The average portfolio consists of 60% stocks, 26% ETFs, and 2% in riskier stocks like GameStop.
💰 Big Money
Big investments, acquisitions and exits.
Snoop Dogg backs German startup Cansativa to become the ‘Amazon’ of cannabis in Europe
(English - 2 mins read)
Cansativa a German medical cannabis distribution startup received €13.2 million in funding backed by Snoop Dogg’s Casa Verde. Founded in 2017, Cansativa is building the ‘Amazon’ of cannabis in Europe by providing a complete B2B platform.
€8.8 million round to accelerate fine dining experience at home
(English - 2 mins read)
Voilà enables people to enjoy fine dining experiences at home Founded in May 2021 by a team, who had previously worked in food tech including Delivery Hero and Foodpanda, voilà has already to more than 1,200 cities across Germany and will use the €8.8 million round of funding to accelerate its European expansion
Health tech company Climedo raises a €5 million fund to revolutionize medical trials
(English - 2 mins read)
Munich-based Climedo offers a way to capture and process real-time data that enables faster and more cost-effective approvals of drugs and medical devices has landed a €5 million backed by VC firm Nauta Capital to boost its digital platform for decentralized clinical trials – revolutionizing the way drugs are being developed.
🔭 Good reads
Articles and posts worth reading
10 billion startup Celonis co-founder shares his 6 lessons from his experience about running a startup in Germany
(English - 10 mins read)
How can Europe motivate more technical people to take risks as founders?
(English - 3 mins read)
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