Skip to content

European Parliament will provide support to the Commission.

Payment giant SumUp aims for a $15 billion valuation in its IPO; Venture Capital AM leads the way in a niche sector. Insolvency cases for Kodex AI and Soluterials. Liquidation announced for the DHDL startup GoggleStop.

European Parliament will aid the Commission.
European Parliament will aid the Commission.

European Parliament will provide support to the Commission.

In the world of technology, there's always something new happening. Here's a roundup of the latest news:

Job opportunities abound as startups and established companies continue to expand their teams. The Job Board is brimming with possibilities for those seeking a new challenge.

In the realm of acquisitions, Green Club has made a significant move by acquiring Heartbeet. Meanwhile, advizeo, a subsidiary of Hager Group, has taken over Comgy. Elsewhere, casavi has bought Managbl.AI, and Aumatis, Pryvet, notara, Mina, and Ziya are the new startups making their debut today.

The FinTech sector is buzzing with excitement as SumUp, a leading player, plans an Initial Public Offering (IPO) potentially in Q4 2025. The company aims to consolidate the European payment market and has set its sights on a valuation of up to 15 billion dollars. Due to a challenging market environment in 2022, SumUp delayed a higher valuation IPO. Currently, they boast over 4 million customers, with the founders remaining the main shareholders. The proceeds from the IPO are intended for acquisitions.

The 3D printing industry is also seeing significant investment. AM Ventures, a prominent investor, has backed numerous companies, including Vectoflow, Spectroplast, Scrona, Headmade Materials, MetShape, and DyeMansion. Vectoflow, a 3D printing company from Gilching, was founded in 2014.

However, not all news is positive. Kodex AI, a Berlin-based startup, has filed for insolvency. Christian Otto has been appointed as the preliminary insolvency administrator. Similarly, Soluterials, a startup from Beelitz, has also filed for insolvency, with Nikolaus Manfred Schmidt appointed as the insolvency administrator.

GoggleStop, a company known from the VOX show "Die Höhle der Löwen

Read also:

Latest