This is the 1981st most frequent German word.
gegründete
"Gegründete" means "founded" or "established" in English.
Here, 'gegründete' is used as an attributive participle to describe the company that was founded recently.
Die kürzlich gegründete Firma entwickelt innovative Produkte.
The recently founded company develops innovative products.
In this usage, 'gegründete' functions in a relative clause to specify the organization and its founding year.
Im Jahr 1992 wurde eine gemeinnützige Organisation gegründet, die sich für Umweltschutz einsetzt.
In 1992, a nonprofit organization was founded that advocates for environmental protection.
'gegründete' is used attribute-style to detail that the group was established specifically for the event.