German Economy 2021: Q4 Forecasts & Insights 2020 saw the German GDP enter a slump in the midst of the worldwide Coronavirus crisis. After a historic 9.7% drop in GDP in the second quarter of 2020, the German economy slowly recovered with an 8.5% positive jump over the summer, but that progress was snuffed out due…
As the largest domestic market in Europe and ranked the world’s 4th most innovative nation in Bloomberg’s 2021 Innovation Index, Germany stands as one of the most exciting markets for Asian fintech startups looking to find a foothold in the European market. Boasting a US$3.8T GDP, and a deep domestic and international talent pool, Germany’s…
7 rising Singapore startups in these sectors are exploring the German and wider European market in 2021 What are the top sectors of interest for Singapore’s startups considering the German market? The 7 startups in Scaler8’s current Explore programme offer innovative solutions in the eCommerce, Fintech, Industry 4.0, and Logistics and Mobility sectors, and are…
Learn about the numerous opportunities Bavaria, Frankfurt, and Berlin have to offer for international startups. Germany has 16 Bundesländer, or Federal States, with Munich, Stuttgart, and Dusseldorf being some of the most known state capital cities. Despite the moderate size of the country, not every region is the same, e.g. in terms of industry focus and…
Singapore, 16 March 2021 – TeleMedC, a Singaporean startup providing low-cost diagnostic solutions for point-of-care screening and virtual management of eye and chronic diseases, recently established a research and development (R&D) partnership with the Department of Ophthalmology at the University Medical Center Hamburg-Eppendorf (UKE) in Hamburg, Germany. This partnership was enabled and facilitated by Scaler8, a market expansion strategy partner…
With Singapore and Germany being world-leading logistics nations, Scaler8 recently signed a partnership with the Digital Hub Logistics Hamburg to unlock more market opportunities for Singaporean startups in the areas of logistics, supply chain, maritime, and mobility. Learn about opportunities for logistics startups in the German market, and how startups can get connected with local…
It’s no secret that smart technology continues to revolutionise the way we live, work, and play. The internet-of-things (IoT) has come a long way in recent years, with seemingly limitless applications for both consumer and industry, from the latest wearables and smart home devices to large-scale smart city applications like smart grid management and manufacturing….
Almost one year on since our launch in January 2020, let’s take a look at some highlights in our inaugural year! We’re grateful for all the startups who have started their expansion to Germany with us this year, as well as our community of mentors and partners who have been vital in sharing their expertise,…
We’re excited to welcome four Singapore-based startups who have joined Scaler8 Explore to dive into the German market for their business expansion plans. They are: Cogniant (MedTech), Incomlend (FinTech), SoMin.ai (MarTech), and uHoo (Smart Cities). Ranging from Seed stage to Series A, these startups have already gained traction beyond their home markets, demonstrating the global growth potential of their solutions. Over 11…
For healthtech startups in Singapore, Germany is an increasingly attractive prospect with many market opportunities. Home to 83 million people and boasting 2,000 hospitals, including around 30 German university hospitals, plus over 100 health insurance companies, Germany benefits from a strong healthcare system. Employing over 400,000 healthcare professionals across the country, approximately one out of six jobs in…
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