r/Germany_Jobs • u/igorekk • 9h ago
Who's hiring and cutting in Germany this week: 1Komma5° raises €70M, MicroAGI hits $100M+ revenue and is hiring, Ryanair closes its BER base
Hi there,
I am doing weekly roundups of who's raising, expanding and cutting in Germany: most of the links are in the newsletter issue.
Just raised money
- 1Komma5° (Hamburg, AI energy management for homes): €70M
- Causa Prima (Munich, AI agents that resolve B2B invoices): $20M seed
- Ubitium (Düsseldorf, universal chip for physical AI): $14M seed
- OllyGarden (Berlin, fixes bad telemetry before observability): $4M seed
- TODAY (Berlin & Copenhagen, AI agents for financial advisors): €2.8M seed
Expanding
- MicroAGI (Munich, robotics) hit $100M+ in annualised revenue six months after launching Shift, its robot-data platform. They are hiring.
- Universal Quantum (UK, quantum computing) raised over €89M in a Series A and plans to expand its German hub in Hamburg.
- Varta (Ellwangen, batteries) is restarting its household-battery division as an independent business after the group's insolvency, keeping around 990 jobs and planning fresh investment at its Dischingen site.
- Bonial (Berlin, retail marketing) bought Nordic retail-marketing company Tjek, going from two to six European markets.
- Doctolib (Paris, health tech) is taking a minority investment from NVIDIA that it says will speed up its AI hiring.
- Taco Bell (US, fast food) opened its first German location in Cologne. Berlin, Bonn and Stuttgart are next.
Cutting
- Ryanair is closing its BER base on 24 October, withdrawing all seven stationed aircraft and 12 routes. It blames Germany's aviation tax and state fees.
- Galeria (Essen, department stores): in its fourth insolvency in six years, at least a third of its stores are at risk. The Bundesagentur für Arbeit will pay the insolvency wages, about €25M a month.
- Trade Republic (Berlin, fintech): employees reportedly describe frequent performance ratings and dismissals ("rank and yank"), per internal documents seen by Tagesspiegel.
Office & pay
- Deutsche Bank CEO Christian Sewing said the government's labour reforms don't go far enough and called for weaker dismissal protection for top earners.
Numbers
- Job ads for graduates with up to three years of experience fell 40% between January and August 2026 compared with 2022, from 138k to 83.5k, per Süddeutsche Zeitung. Unemployed graduates under 30 almost doubled, from 23k in 2022 to 45k in 2025.
- Information and communication has 56% fewer junior ads than in 2023. Construction is the exception, down only 14% and up 7% on last year.
- Three in four of about 2,500 employees surveyed by the AOK's research institute WIdO felt exhausted by their work. Mental-illness sick days among AOK members rose 42% in ten years.
- German startups raised €4.5bn in Q3, the best quarter since the end of 2021, per KfW Research. AI startups got 69% of it.
- Only 24% of German startups that raise a seed round reach Series A, per an Antler analysis of 27.6k rounds.
- The government raised its 2026 growth forecast to 1.3%, from 0.5%.
Thanks for reading! Much appreciated. You can get this weekly for free.