German startups grow and expand
Zalion wins startup of the week with AI purchasing tools. Snocks reaches 100 million euros in sales. Finperks launches new employee benefits platform. Debtist expands to Sweden.
Zalion is a new startup from Heilbronn that uses AI to help companies buy things better. Snocks, a socks company from Mannheim, made 100 million euros this year for the first time. The company bought two other businesses and wants to buy more.
Finperks is a new fintech company from Berlin. It helps companies give gift cards as benefits to workers. Debtist, from Frankfurt, is now in Sweden and Denmark.
Many startups got money this week. Limehome got 75 million euros. The German startup world is doing well.
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