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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…
Startups help shaping tomorrow's world by addressing problems from new perspectives. This year, the Global Startup Hub city Kobe has launched a new initiative. 500 Startups - a world-famous venture capital firm - transformed into 500 Founder Academy and the follow-up Global Mentorship Program. Eligibility: domestic and international (potential) entrepreneurs seed (minimal prodcut model developed) and early (product development,…
