Cathie Wood: Star investor leaves New York

Cathie Wood The investor, who early bought Tesla shares and bitcoins, is known for her unconventional approach to stock analysis. (Photo: Reuters) New York Cathie Wood made a career in New York. Now the star investor is turning her back on the financial center. The head of the investment company ARK Invest is closing the […]

The crazy hype surrounding the football trading card start-up

Berlin Everything about the story of France’s new super start-up is really crazy – the idea, the fans and the economic success. Investors have valued Sorare in a new financing round at 4.3 billion dollars (just under 3.7 billion euros). This means that the Parisian football fantasy company is now the most valuable start-up in […]

Small electric car at a low competitive price

Düsseldorf Compared to industry giants like Volkswagen or Tesla, ACM is tiny. Just ten employees are working on a new electric car in Munich. CEO Paul Leibold and his team have invested eight years of development in a small electric car that has some things that the competition lacks. It is not only light and […]

Melitta secures successful coffee start-up Roastmarket

Successful with coffee Roastmarket founders Philip Müller and Boris Häfele together with co-managing directors Gisbert Grasses (from right to left). (Photo: Press photo) Düsseldorf As befits a coffee merchant, the starting gun was not fired in a garage, but in a storage room. A table tennis table served as a conference table when Boris Häfele […]

Vacation home broker goes public via Spac

Hometogo-Chef Patrick Andrae The company, which has previously been financed by venture capital, is not in the black. (Photo: Chris Marxen, Düsseldorf The shell company Lakestar Spac I of the investor Klaus Hommels, which has been listed on the Frankfurt Stock Exchange since February, takes over the holiday home broker Hometogo. The two companies […]

Chinese startup Dingdong is aiming for an IPO in New York

Driver from Dingdong in Shanghai The company plans to raise $ 357 million on its IPO. (Photo: Reuters) Bangalore The food delivery company from China, which is co-financed by the Japanese technology investor Softbank, is aiming for a valuation of more than six billion dollars when it goes public in New York. The company said […]

Bayer joins start-up Ada Health

Bayer The pharmaceutical company invests in start-ups, also with a view to its own business. (Photo: Imago) Düsseldorf The pharmaceutical company Bayer joins the Berlin start-up Ada Health. The Leverkusen-based company is leading a financing round with a total volume of 90 million US dollars, as both companies announced on Thursday. Neither side wanted to […]

How a German wants to change shopping in New York

Ralf Wenzel Wenzel founded a delivery service with Foodpanda back in 2012. (Photo: Softbank) New York Finding small warehouses in the heart of New York has never been easier. The city is badly hit after the pandemic, every third retailer and every third restaurant did not survive the crisis. Therefore Ralf Wenzel uses his chance. […]

Seven Senders and Hive: Start-ups benefit from the e-commerce boom

Parcels in a Deutsche Post delivery center in Düsseldorf The logistics industry is benefiting from the boom in online trading. (Photo: dpa) Hamburg Online trading has been booming since the beginning of the pandemic. According to Statista, e-commerce in Europe increased by almost 20 percent to 377 billion euros in 2020. This means that the […]

Houston, we have a problem

Düsseldorf It was last September when an almost gigantic collision occurred far overhead. The International Space Station (ISS) narrowly avoided a piece of space debris. As a precaution, the astronauts on board had already moved to the rear, Russian part of the station in order to avoid being hit directly in the event of an […]