Categories Germany

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Microsoft Azure announces its first region in Austria

Microsoft today announced its plans to launch a new data center region in Austria, its first in the country. With nearby Azure regions in Switzerland, Germany, France and a planned new region in northern Italy, this part of Europe now has its fair share of Azure coverage. Microsoft also noted […]

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As investors and founders mature, Vienna emerges as a European startup hub

According to Austrian Startup Monitor, entrepreneurs have founded more than 2,200 startups in Austria since 2008, with the number of tech companies growing 12% per year since then, significantly faster than the 3% growth rate for traditional companies. Home to roughly 50% of Austria’s startups, Vienna has a plethora of […]

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Ford, Bosch and Bedrock announce an automated valet parking garage in Detroit

Ford, Bosch and Bedrock today announced an automated valet parking demonstration in downtown Detroit. This system is designed to allow drivers to exit a vehicle and the vehicle would park itself in the parking structure. Systems in a Ford Escape test vehicle communicate with Bosch sensors to locate an empty […]

Here are four areas the $311 billion CPPIB investment fund thinks will be impacted by COVID-19

The Canadian Pension Plan Investment Board, an asset manager controlling around $311 billion in assets for the Canada’s pensioners and retirees, has identified four key industries that are set to experience massive changes as a result of the global economic response to the COVID-19 pandemic. The firm expects the massive […]

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With technology to perfect product pitches in digital marketplaces Pattern raises $52 million

Pattern, a Lehi, Utah-based reseller that offers large and small brands a way to optimize their sales on marketplaces like Amazon, eBay, Walmart and Google Shopping, has raised $52 million in growth funding, the company said. The money, from Ainge Advisory and KSV Global, will be used to expand the […]

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Legal clouds gather over US cloud services, after CJEU ruling

In the wake of yesterday’s landmark ruling by Europe’s top court — striking down a flagship transatlantic data transfer framework called Privacy Shield, and cranking up the legal uncertainty around processing EU citizens’ data in the U.S. in the process — Europe’s lead data protection regulator has fired its own […]

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DroneBase nabs $7.5 million in a slight down round to double down on its work in renewable energy

DroneBase, a Los Angeles-based provider of drone pilots for industrial services companies, has raised $7.5 million during the pandemic to double down on its work with renewable energy companies. While chief executive Dan Burton acknowledged that the company was fundraising prior to the pandemic, the industrial lockdown actually accelerated demand […]

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No-code industrial robotics programming startup Wandelbots raises $30 million

Dresden, Germany-based Wandelbots – a startup dedicated to making it easier for non-programmers to ‘teach’ industrial robots how to do specific tasks – has raised a $30 million Series B funding round led by 83North, an with participation from Next47 and Microsoft’s M12 venture funding arm. Wandelbots will use the […]

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‘The money is still there,’ says APX managing director Jörg Rheinboldt

APX is an early-stage accelerator in Berlin, but it’s not quite your average accelerator — it’s essentially a joint venture between giant European publishing house Axel Springer and Porsche, the German automaker. Earlier this month, we sat down with APX managing director Jörg Rheinboldt to discuss what makes APX different […]

As fashion has its metaverse moment, one app looks to bridge real and virtual worlds for sneakerheads

Fashion is having its moment in the metaverse. A riot of luxury labels, music, and games are vying for attention in the virtual world. And as physical events and the entertainment industry that depends on them shuts down, virtual things have come to epitomize the popular culture of the pandemic. […]