Frankfurt

Berlin-based Parloa, which develops AI customer service agents for Booking.com and others, raised $350M at a $3B valuation, taking its total funding to $560M+

Berlin-founded group raises $350mn as it looks to expand its AI customer service agents  —  Florian Müller in Frankfurt and Melissa Heikkilä in London

Analysis: SAP accounts for ~40% of Frankfurt DAX's 18.7% gains in 2024, with SAP up 70%+ as the software company transitions its business customers to the cloud

Financial Times :

Tether spent ~$420M on 10K Nvidia H100 GPUs and a 20% stake in Frankfurt-based bitcoin miner Northern Data, which plans to rent the chips to AI startups

A $40,000 computer chip has become one of the hottest commodities in the tech industry.  Startups are scrambling to buy up Nvidia's H100 …

Frankfurt-based AAA games studio Gunzilla Games has raised $46M led by Republic Capital and plans to handle in-game item trading using NFTs in an upcoming title

Megha Paul / Tech.eu :

Berlin-based online language learning company Babbel seeks to raise as much as €316M in a Frankfurt IPO, pricing shares at €24 to €28, valuing it up to €1.27B

Ivan Levingston / Bloomberg :

Frankfurt, Germany-based CLARK, which searches for the best insurance rates for its users, raises €69M Series C led by Tencent

Rocket Internet's Global Fashion Group, a group of fashion e-commerce sites including Zalora, Dafiti, and La Moda, plans to raise €300M in Frankfurt IPO

Ingrid Lunden / TechCrunch :

Delivery Hero rises 9% on a first day of trading in Frankfurt after raising about €1B in an IPO

Arno Schuetze / Reuters :

Delivery Hero rises 9% on a first day of trading in Frankfurt after raising about €1B in an IPO

Shares in $5 billion online takeaway food delivery group Delivery Hero (DHER.DE) rose as much as 9 percent on their Frankfurt stock market debut, boosting prospects for other potential technology list...

Sources: Delivery Hero plans to announce by mid-June a Frankfurt IPO at a valuation of about $4.5B