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Today in Germany: Deutsche Bank, deepstreamHub Written by Felicitas Hackmann on 7. April 2016

Deutsche Bank goes Silicon Valley

Germany’s largest bank, Deutsche Bank, has already opened innovation labs in Berlin and London in 2015. Now, it goes abroad. Willing to invest €1 billion in digital initiatives, another lab will open in Silicon Valley. All this is going on with the help of its partner IBM, which will contribute resources, expertise and relationships to the bank-led efforts.
[econotimes]

€1 million for deepstreamHub

Berlin-based startup deepstreamHub announces its first funding round. €1 million comes from BlueCard Ventures, which is the VC’s first investment. The startup offers a cloud platform which works as a backend for developers, e.g. for smartphone apps, browser programs, or IoT applications.
[Gründerszene] (German)

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