Avatar photoFelix Wagner

Felix is the EU Startups News correspondent for the DACH region. Based in Berlin, he reports on Germany and Austria's world-class startup ecosystem, covering everything from early-stage deeptech ventures to late-stage B2B SaaS companies attracting global investor attention.

Uber to Acquire Delivery Hero in Major Consolidation of Global Food Delivery Market

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Uber, the US mobility and delivery giant, has entered into an agreement to acquire Delivery Hero, a German-based food delivery company operating in over 60 countries. The deal aims to create one of the largest players in the global delivery market by combining Uber’s logistics expertise with Delivery Hero’s portfolio of brands like Glovo, Talabat, and Foodora. The transaction requires shareholder and regulatory approvals and is expected to close once all conditions are met.

Munich Defense Tech Startup Helsing Raises $1.8 Billion in Series E Funding Round

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Helsing, a Munich-based defense tech startup, secured $1.8 billion in a Series E round led by Dragoneer, Lightspeed, and Goldman Sachs. The funding will expand its AI-powered defense systems, including autonomous drones and underwater surveillance, while maintaining European ownership despite global investor interest.

QuantumDiamonds Secures €15 Million to Scale Quantum Sensing Technology for Semiconductor Testing

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German startup QuantumDiamonds, spun out of the Technical University of Munich, raised €15 million in equity funding to accelerate growth. The round complements €76 million in EU-backed non-dilutive state funding, totaling €91 million. Funds will scale production and support a new testing facility in Munich, aligning with EU efforts to reduce reliance on US technology.