Logo de hub digital ecosystems

On Sunday, 20 January, the Federal Ministry for Economic Affairs and Energy hosted its second Digital Hub Initiative Pitch Night. Start-ups and investors met this time in Munich; the cooperation partner of the evening was the Digital Life Design Conference (DLD).

Federal Minister Altmaier said: “The Pitch Night of the Digital Hub Initiative is an amazing platform for start-ups who want to make their innovative products more visible, network with important partners and attract direct investments. Events like these are important so that promising start-ups can become successful businesses. And who knows, the next successful German unicorn might emerge from a cooperation that is established here or from an investment that is initiated here; because there are still far too few of them.”

On Sunday evening, nine selected start-ups had the opportunity to present their ideas to renowned investors - including Capnamic Ventures, Acton Capital Partners and UnternehmerTUM Venture Capital Partners. At the DLD, one of the most important digital conferences in Europe, the audience learned about outstanding start-up ideas for Germany's key industries and technologies, for example in the areas of cyber security, artificial intelligence, mobility and InsurTech.

The Federal Ministry for Economic Affairs and Energy hosted its first Pitch Night in March 2018. Some of the participating start-ups were able to collect investments worth millions after the event. Spurred on by these success-stories, entrepreneurs from all twelve digital hubs in Germany submitted numerous applications for this year's event, from which the nine pitching start-ups were selected. The event was streamed live on twitter https://twitter.com/dehubinitiative.

The Digital Hub Initiative, launched by the Federal Ministry for Economic Affairs and Energy, is helping to drive Germany’s transformation into a leading base for digital technology. It is therefore supporting the establishment and networking of 12 digital hubs, each covering a specific field. Under the umbrella brand "de:hub", close cooperation between start-ups, established businesses, research institutions and experts creates a unique, innovative network. The digital hubs include Berlin (IoT & FinTech), Dortmund (Logistics), Dresden/Leipzig (Smart Systems & Smart Infrastructure), Frankfurt/Darmstadt (FinTech & Cybersecurity), Hamburg (Logistics), Karlsruhe (Artificial Intelligence), Cologne (InsurTech), Mannheim/Ludwigshafen (Digital Chemistry & Digital Health), Nuremberg / Erlangen (Digital Health), Munich (Mobility & InsurTech), Potsdam (MediaTech) and Stuttgart (Future Industries).

Further information about the Digital Hub Initiative can be found at www.de-hub.de.