On 15 November, Deutsche Bahn Digital Ventures GmbH opened for business. The firm is 100 % DB AG-owned.
DB Group is investing heavily in developing and delivering new, data-driven business models to harness the potential of the digital economy - including outside its core railway business - and the creation of Deutsche Bahn Digital Ventures GmbH is a key plank in that plan. DB Digital Ventures will intensify collaboration with start-ups and facilitate participation in their shareholdings, with some 50 million Euro of venture capital earmarked for investment over the next two years (2017/2018).
The intention is also to foster a sharper focus on start-ups within DB and support a culture of “intrapreneurship”. Specifically, DB Digital Ventures will offer Deutsche Bahn staff an opportunity and ideal setting in which to act as start-up founders and road-test their own business ideas.
(Source: Deutsche Bahn)