SIGNAL IDUNA launches partnership to promote technology start-ups

A planned Technology Briefing Center in Berlin will serve as a bridge between the corporate and start-up worlds to gain strategic insights into new technologies.
Dortmund, October 2024 - With its new "Momentum 2030" corporate strategy, SIGNAL IDUNA is increasing its focus on startup collaborations and investments. To this end, the bancassurance group is investing 10 million euros in the Angel Invest Fund III with the aim of tapping into new growth areas in the technology sector. The fund will invest in 250 European early-stage start-ups that are highly scalable. Angel Invest is considered one of the most successful startup investors in Europe and will take over the management of SIGNAL IDUNA's signals VC portfolio.
Venture clienting as the key to innovative strength
In its cooperation with start-ups, SIGNAL IDUNA relies, among other things, on the venture clienting model. The Group not only acts as an investor, but also as a customer for the start-ups' innovative solutions. This partnership enables the young companies to test and further develop their technologies in a large corporate environment. Successful examples of this type of cooperation include the investments in the digital coaching platform CoachHub and the mobility provider Vay, which are now working with SIGNAL IDUNA as strategic partners.
Planned Technology Briefing Center in Berlin to highlight new trends
In addition to the financial investment, SIGNAL IDUNA and Angel Invest are planning to establish a Technology Briefing Center in Berlin. This center will serve as a meeting place for companies and start-ups and analyze current technological trends. The aim is to gather strategic insights that will support the insurance group's transformation process. The center will be located in the signals Open Studios, a meeting place for the digital and entrepreneurial world.
Johannes Rath, CEO of the SIGNAL IDUNA Group, sees the partnership as an important step towards implementing the "Momentum 2030" strategy. With the support of Angel Invest, the Group's innovative strength is to be further strengthened and the next generation of European entrepreneurs promoted.
More about this
Venture Clienting

Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies



FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?