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The European Parliament will provide support to the Commission.

Initial Public Offering (IPO): Payment service provider SumUp eyes €15 billion valuation

European Parliament will offer support to the Commission.
European Parliament will offer support to the Commission.

The European Parliament will provide support to the Commission.

In the bustling world of German tech and business, several significant events have unfolded recently.

Firstly, Green Club, a well-known player in the industry, has expanded its portfolio with the acquisition of Heartbeet. This move is expected to strengthen Green Club's position in the market.

Meanwhile, startups and companies are offering exciting job opportunities, as listed on the Job Board. If you're on the lookout for a new career path, it's worth checking out the latest postings.

In another acquisition news, casavi has taken over Managbl.AI. This acquisition is likely to bring about significant changes in the AI management sector.

Unfortunately, not all news is positive. GoggleStop, a company known for its appearance on the VOX show "Die Höhle der Löwen", is currently undergoing liquidation. More information about GoggleStop can be found in the "More about" section provided.

The tech industry is also seeing new startups emerge. Aumatis, Pryvet, notara, Mina, and Ziya are the latest additions to the startup scene.

In the realm of 3D printing, AM Ventures, a prominent investor, has backed numerous up-and-coming companies, including Vectoflow. Vectoflow, a 3D printing company from Gilching, focuses on flow measurement technology and systems.

Fideus, a Berlin-based company specialising in "digital tax management" for holding companies, has received an investment of 900,000 euros from NCA and several business angels.

Another Berlin startup, Kodex AI, has filed for insolvency. The cause of insolvency remains unknown at this time, with no search results providing information. Christian Otto has been appointed as the preliminary insolvency administrator.

SumUp, a FinTech company, is planning an IPO by 2026 with a potential valuation of $10bn to $15bn. The company recently secured a loan of 1.5 billion euros under the leadership of Goldman Sachs.

In the world of investments, OMMM and DiaMonTech have each raised 3.6 million euros and 8 million euros, respectively.

Lastly, Hager Group subsidiary advizeo has acquired Comgy. More details about these events can be found in the respective articles linked.

Stay tuned for more updates as the tech and business landscapes continue to evolve. On November 5th, the second STARTUPLAND event will take place, promising an exciting lineup of news and insights.

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