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NRW's development bank takes stock for 2020
Last year was also a challenge for NRW-Bank, which provided 65 percent more development funds than in 2019, a total of 17 billion euros, with extra support for start-ups.

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Sono Motors apparently plans IPO in the USA
The necessary documents are said to already be with the SEC.

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Rebike raises ten million euros
BayBG Bayerische Beteiligungsgesellschaft invests together with the existing investors Vorwerk Ventures and STS Ventures. The founders want to use the funds to significantly expand their e-bike subscription business.

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Hummingbird founders want to leave their start-up
Within five years, the Berlin start-up Kolibri has grown to over 100 employees. Now the founders are getting out.

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Zalando reports profit growth
The online fashion retailer Zalando was able to significantly increase its profit due to the Corona lockdowns. The company even raised its long-term growth target.

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Tomorrow launches new premium account
The Hamburg-based fintech is launching an account that allows couples to manage their finances together, fulfilling what it says is a long-held desire of its customers.

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Zalando appoints a woman to the Management Board for the first time
As of April 1, Astrid Arndt will become Chief Human Resources Officer. Up to now, she has headed the People & Organization department.

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These are the new start-up shared flats in Mönchengladbach
For the second time, the city of Mönchengladbach is awarding a rent-free shared apartment for start-ups. This year's three winners can not only live there, but also use the city's infrastructure at a discount and...

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Server brand meets Berlin start-up
Last week, two servers of the cloud provider OVH burned down. The start-up 19Grams was also a customer of OVH, the stored data on customers and website are probably lost.

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Douglas wants to bring start-up Tomorrowlabs to other countries
The start-up already has a firm place on the shelves of Douglas in the German market. Now Tomorrowlabs not only wants to penetrate further into the European market, but also conquer other continents.

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Bafin exonerates Trade Republic
The neobroker Trade Republic was caught in the crossfire by its customers at the end of January. The accusation was market manipulation and collaboration with US hedge funds. Bafin received more than 4,000 complaints....

News
N26 likely to record 300 exits since March 2020
No peace at N26: According to a media report, 300 employees left last year alone. The new head of HR is also said to be saying goodbye again.

News
New partner for Stuttgart network
Startup Autobahn was able to win over the Schaeffler Group as a new company for its own platform. The company wants to use the network to find startups in the future to work together on pilot projects.

News
Foodspring founders drop out
They had already sold their start-up to Mars one and a half years ago. Now a former Red Bull manager is taking over the reins.

News
AR start-up OQMented completes seed funding
The company from Schleswig-Holstein develops displays for VR and AR glasses. The founders now want to use the money to hire more staff.

News
Asset manager joins Moonfare
Fidelity International buys ten percent of the Berlin-based company and enters into a strategic partnership. The fintech could thus gain a lot of new customers.

News
Data gap at delivery service Flink fixed
Hackers were able to access thousands of customer records through the app's data interface. According to the company, it has closed the gap.
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FYI: English edition available
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