Germany Launches Big Fund for Startups
The German government creates a 30 billion euro fund to help startups and green projects. Companies are growing through buying other companies.
Germany's government created a 30 billion euro fund to support startups and climate projects. Quantum Systems, a defense company, is buying smaller companies like Fernride and Spleenlab. Fortino Capital started a new 700 million euro fund for business software companies.
Ecosia, a green search engine, planted 245 million trees and made 7.9 million euros profit. Jeannette zu Fürstenberg is a powerful investor who works for General Catalyst.
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