DB Digital Ventures serves as the organizational umbrella for DB's systematic investment in startups and leads entrepreneurs throughout the Group to success
"Since the founding of DB Digital Ventures at the end of 2016, we have gained tremendous dynamism and innovative power as a group. One thing has been confirmed: we do not have to do everything ourselves. Others are often faster and more focused when it comes to new products and services. Participations offer the opportunity to participate quickly in these new developments. That is why we are focusing on new technology partners, startups and the business ideas of our employees." says DB Chairman of the Board Dr. Richard Lutz.
Developing and implementing new data-driven business models is one of the DB Group's top priorities to be able to take advantage of the opportunities of digitalization, both within and outside of its core rail business. Deutsche Bahn Digital Ventures GmbH lays the foundation. The purpose of the company is to step up DB's collaboration with startups and simplify equity interests. Venture capital of EUR 100 million will be set aside for this purpose between now and 2019. Deutsche Bahn Digital Ventures GmbH is wholly owned by DB AG.
Entrepreneurship is also being systematically promoted at DB, which means that employees are given the opportunity to become entrepreneurs and make their business ideas a reality under ideal conditions.