As part of its objective to achieve 500 million euros ($552 million) in additional cost savings, Deutsche Bank AG is set to lay off approximately 800 senior back-office personnel.
Finanzguru, a Germany-based fintech firm and the top holistic financial advisor in Germany enabled by open banking, has secured €13 million in funding. The funding round was spearheaded by new investors, SCOR Ventures and PayPal Ventures, and participated in by existing investors, such as Deutsche Bank, coparion, VR Ventures, Hannover
GaeaStar is influenced by the ancient Indian culture and employs 3-D printing technology to fabricate cups and bowls utilizing clay, water, and salt. These containers decompose into dust after disposal, creating no detrimental waste.
Isar Aerospace has secured a record-breaking funding of 155 million euros (equivalent to 165 million US dollars) in a Series C round. This makes it the biggest spacetech financing round in Europe so far this year. Moreover, within Germany, it also stands as the startup that has raised the highest