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As in previous years, the University of Mannheim was able to end up in one of the top positions in the German Startup Monitor 2021 ranking, which is published annually by the auditing firm PWC. The recently published German Startup Monitor 2021 shows a spirit of optimism in the national startup scene. After a pandemic year in 2020, startup activity…
The KI-Garage is a program aimed at supporting startups out of research and universities in the AI field and helping to transform their ideas into valid business models. The initiative is funded by the Baden-Württemberg Stiftung and planned and executed through a collaboration between Technologiepark Heidelberg GmbH, Karlsruher Institut für Technologie (KIT), and University of Mannheim. Last weekend, the three-month…
In another funding round Linearity was able to generate funding of 20 million $. The round was led by EQT Ventures and 468 Capital with participation from Bradley Horowitz (VP Product, Google), Jonathan Rochelle (Co-Founder Google Docs, Google Spreadsheets, Google Slides, Google Drive), Charles Songhurst (Ex. Corporate Strategy, Microsoft) and Lutz Finger (Group Product Manager, Google). The money is needed…
Recently, the Swedish payment–provider Klarna bought the Mannheim based startup Stocard for an amount of 113 million Euros. According to the finance newspaper Finance Forward the price is paid in shares and cash. Stocard is the leading provider of mobile wallets and will serve as an amendment to Klarna’s shopping activities and app. Also interested in the acquisition of Stocard…
