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Autonomous electric truck company Einride rides into Germany

TechCrunch

Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. This will also require a purpose-built charging grid, which Einride said it will create along Germany’s most important commercial routes and neighboring trade regions.

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The Next Web introduces 12 local Startup Awards to celebrate entrepreneurship across Europe

The Next Web

The Next Web is happy to announce 12 upcoming local award events in Europe’s hottest tech hubs, all for the sake of highlighting and celebrating the best startups, the most talented entrepreneurs and the hottest investors. We didn’t want to leave it at that, though. You can find a list of locations below.

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Grocery delivery startup Membo is hungry to build a Europe-wide, local food producer network

TechCrunch

Entering this fray is Membo — which, starting in Estonia, has built an app-based marketplace for local food producers to sell directly to consumers, cutting out other middlemen as the startup handles delivery logistics and billing. Delivery Hero picks up InstaShop in $360M deal to expand in groceries in the Middle East.

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Some international regulators froze assets of local SVB branches

TechCrunch

Regulators in Canada and Germany have decided to freeze Silicon Valley Bank’s branches in these respective countries — but SVB had very limited operations in foreign markets. Similarly, in Germany, BaFin — the country’s financial regulator — decided to freeze Silicon Valley Bank’s local branch in the country.

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Airbnb reports surge in demand for local holidays

The Verge

More people are booking local holidays in the wake of the COVID-19 pandemic, Bloomberg reports.

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Intel’s Mobileye will launch a robotaxi service in Germany in 2022

The Verge

Mobileye, the Intel-owned company that specializes in chips for vision-based autonomous vehicles, announced that it will launch a robotaxi service in Germany in 2022. Those plans are pending local approval by regulators as well. But the plan is already running into problems with local lawmakers.

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TSMC to build first European plant with 3.5 billion euro investment in Germany

TechNode

On Tuesday, TSMC announced its intention to collaborate on an investment in the European Semiconductor Manufacturing Company (ESMC) located in Dresden, Germany, with a focus on advanced semiconductor manufacturing services. billion euros towards the establishment of a plant in Germany, marking its first European venture.

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