Welcome to Startup News Roundup: December 2024 Highlights & Key Insights, where we dive deep into the vibrant world of startups across Germany, Austria, and Switzerland. This episode delivers a comprehensive look at the latest developments, highlighting the most impactful stories, trends, and investments shaping the startup landscape. What’s Inside?Top News Stories: Black Forest Lab's Billion-Dollar Valuation: Discover how this Karlsruhe-based AI innovator is revolutionizing the global tech scene. Upvest’s €100 Million Investment Round: Learn why this fintech powerhouse is Germany's largest funding success story in 2024. Wefox's Resilience: Insights into the Berlin-based insurtech’s survival strategy amid challenging market conditions. Emerging Trends: The rise of green tech startups with groundbreaking solutions like carbon-to-bioplastics conversion. The continued growth of AI-driven enterprises and their pivotal role in transforming Europe’s economic landscape. Pan-European startup initiatives fostering cross-border innovation and regulatory harmonization. Funding and Investments: A total of €2.5 billion in new funding raised across the region this month, including major contributions from Northvolt and focused energy startups. New VC funds worth over €1 billion, setting the stage for continued innovation in 2025. Regional Spotlights: Germany: Success stories from Berlin, Munich, and Frankfurt startups paving the way for the next unicorns. Austria: Rising stars like Wood_Space securing 8-figure investments for sustainable building solutions. Switzerland: Groundbreaking biotech partnerships, including a $300 million agreement by Cimeio. Exclusive Insights:Hear from Jörn “Joe” Menninger and Christian “Chris” Fahrenbach as they analyze the biggest stories and provide expert commentary on what these developments mean for entrepreneurs, investors, and the broader startup ecosystem. Resources:Original Blog Post Work With Us Subscribe to Startuprad.io Leave Feedback Call to Action:Stay ahead of the curve by subscribing to Startup News Roundup on Spotify and your favorite podcast platforms. Don’t forget to leave a review and share your thoughts on social media to join the conversation! Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
This November, the startup ecosystem in Germany, Austria, and Switzerland (DACH region) is abuzz with critical updates that shape the future of technology, entrepreneurship, and innovation. Whether you're a founder, investor, or a startup enthusiast, this episode of Startuprad.io delivers everything you need to stay informed. Dive into the latest tech news, explore major funding milestones, and uncover the challenges impacting the region’s most innovative startups. What’s in This Episode?1️⃣ Germany: Startups Facing Turbulent Times Lilium, the German air-taxi pioneer, faces insolvency due to funding struggles and regulatory hurdles. Volocopter secures government support and appoints a new CFO, showing resilience in the eVTOL sector. Munich is rising as a European hub for investor education, solidifying its role in fostering startup growth. 2️⃣ Austria: Triumphs Amidst Challenges Vienna’s Cubicure achieves a €79M exit, marking a major milestone in deep tech innovation. Crypto unicorn Bitpanda plans a Frankfurt IPO, emphasizing Austria’s growing influence in fintech. The Green Startup Center launches, championing sustainable innovation and entrepreneurship. 3️⃣ Switzerland: Big Wins in Funding Swiss startups continue to lead in fintech and health tech, securing major investments and reinforcing Switzerland’s high-tech reputation. 4️⃣ European Tech Trends Atomico’s “State of European Tech 2024” reveals Europe’s dominance in early-stage startups, now hosting over 35,000—a fourfold increase in the last decade. Cities like Berlin, Vienna, and London are emerging as global leaders in innovation and technology startups. Why Listen to This Episode?This episode offers a comprehensive snapshot of the startup world in the DACH region, helping you stay ahead of trends, funding opportunities, and regulatory impacts. Whether you’re exploring investment opportunities or seeking inspiration, we’ve got you covered with actionable insights and expert perspectives. Links to Explore More:Original Blog Post: https://www.startuprad.io/blog/startup-news-november-2024-highlights-from-germany-austria-and-switzerland Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Feedback Form: https://forms.gle/SrcGUpycu26fvMFE9 Special Offer from ModernIQs: https://moderniqs.com/create-an-account/?res_aff=startupradio Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Welcome to the October 2024 edition of "This Month in German, Swiss, and Austrian Startups," where we bring you essential insights into the GSA startup ecosystem. Join hosts Jörn “Joe” Menninger and Chris Fahrenbach as they unpack the month’s top stories, from groundbreaking funding rounds to unicorn achievements and major pivots in tech and innovation. Episode Highlights: 1. Lilium’s Financial Struggles and eVTOL Innovation Setbacks This month, the NASDAQ-listed eVTOL pioneer Lilium, based in Germany, navigates financial challenges, pursuing self-administered bankruptcy due to funding constraints. Although recent setbacks impacted its market valuation, Lilium’s story represents the high-stakes reality of aerospace tech, where R&D costs often create financial risk. Discover the unique challenges that innovators in sustainable aviation face and Lilium’s hopes for a future in clean transportation. 2. Egym and Orderfox Join the Unicorn Club In major achievements for the healthtech and AI sectors, German fitness tech company Egym and Swiss AI-driven industrial procurement firm Orderfox each attained unicorn status this October. Egym’s valuation now exceeds $1 billion, fueled by tech advances that position it toward IPO readiness. Orderfox, leveraging AI to optimize industrial processes, underscores the GSA region’s strength in practical, data-driven solutions. Learn how these companies reached new heights and the impact of their technologies on health and industrial sectors. 3. Austria’s Gropyus Secures €100 Million for Sustainable Housing Austrian startup Gropyus made waves with a €100 million investment to expand its modular, timber-hybrid housing production. With a mission to address Europe’s housing crisis through sustainable materials and design, Gropyus embodies the shift toward green construction tech. This investment supports their scalable model of eco-friendly housing solutions, meeting the demands of an evolving market. 4. EU’s Deep Tech Initiative with Trusted Investors Network In a strategic move to elevate Europe’s role in global tech, the European Union launched a deep tech support network, collaborating with over 70 venture capital firms in the Trusted Investors Network. Aiming to close the technology gap with global leaders like the U.S. and China, the EU’s partnership initiative highlights Europe’s vision for advancing fields like AI, biotech, and sustainable energy. 5. SolarisBank’s €178M Loss and Restructuring Efforts German fintech SolarisBank reported a €178 million loss, announcing job cuts and a restructuring to regain profitability. The company’s experience is indicative of the broader European fintech scene, where scaling comes with financial pressures. Discover how Solaris is adapting its strategy in the competitive fintech landscape, aiming to enhance operational efficiency. 📍 Useful Links: Original Blog Post: https://www.startuprad.io/blog/this-month-in-german-swiss-and-austrian-startups-october-2024 Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9
Welcome to the September 2024 Startup News from Startuprad.io! This episode covers the most impactful developments in the startup scenes of Germany, Austria, and Switzerland. Stay informed about key trends, funding rounds, and industry shifts that could influence your business or investment decisions. Key Highlights: Intel Pauses €30B Chip Factory in Germany Intel has halted its €30 billion chip manufacturing project in Magdeburg due to cost-cutting measures and financial challenges, despite a €10 billion investment from the German government. We discuss the implications for Europe's tech industry and startups. Magic AI Secures $320M Led by Eric Schmidt Vienna-based Magic AI has raised $320 million, led by former Google CEO Eric Schmidt, elevating its valuation to $1.5 billion. Magic aims to revolutionize coding with its AI-powered developer assistance software. Learn how this could impact the European AI landscape. Flink Raises $150M for Quick Commerce Expansion Berlin's Flink secured $150 million to expand its quick-commerce services in Germany and the Netherlands. Despite a volatile market and a valuation just below $1 billion, Flink aims for profitability and growth. We explore their strategy. Northvolt Faces Financial Challenges Swedish battery maker Northvolt is experiencing financial difficulties linked to troubled partnerships with automotive giants like Volkswagen. We examine how this affects Europe's green energy goals and the startup ecosystem. Germany's WIN Initiative Unveiled Germany introduces the WIN Initiative to inject €12 billion into its startup ecosystem by 2030. Backed by major players like Deutsche Bank and Allianz, the initiative aims to improve access to capital and foster innovation. DePoly Tops Swiss Startup Awards Swiss startup DePoly wins the 2024 Top 100 Swiss Startup Awards for its innovative plastic recycling technology. We highlight what sets DePoly apart in the Swiss innovation scene. Additional Insights: Austria's Hydrogen Valley: Austria plans to invest €578 million to build Europe's first Hydrogen Valley, aiming to produce over 10,000 tons of green hydrogen annually by 2030. Berlin's Startup Revival: Mayor Kai Wegner outlines plans to rejuvenate Berlin's startup scene, targeting a top-three position in Europe. Major VC Fundraisings: Insight Partners nears a $10 billion fund closure. Atomico raises €1.12 billion to invest in Europe's top founders. Headline secures an $865 million growth fund focused on European startups. Redalpine launches its largest fund yet at $200 million. Useful Links: Subscribe to our Podcast: https://linktr.ee/startupradio Work with Us: https://www.startuprad.io/become-a-partner Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9 Original Blog Post: https://www.startuprad.io/blog/categories/startup-news Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Welcome to the Summer 2024 Startup News Wrap-Up from Startuprad.io! In this special Labor Day episode, we cover the most crucial updates from the vibrant startup ecosystems in Germany, Austria, and Switzerland. Whether you’re an entrepreneur, investor, or tech enthusiast, this episode is packed with insights into the latest trends, funding rounds, and ecosystem developments shaping the future of innovation in the DACH region. 💼 New Sponsor Alert: We’re excited to announce our new partner, ModernIQs.com! Did you know an SEO-optimized blog post can generate significantly more traffic than a social media post? Startuprad.io listeners can create two free SEO-optimized blog posts per month in less than a minute. Sign up using the link in the episode notes. Sign up here. 🔍 Episode Highlights: Helsing’s €450M Series C Funding: Munich-based defense AI startup Helsing has soared to a €4.9B valuation with its recent funding. Discover how this positions Helsing as a leader in European security tech and what it means for the future of AI in defense. Lilium’s Strategic Dilemma: Explore the challenges faced by air taxi pioneer Lilium, including uncertainties over state aid that could lead to a sale and relocation. Learn how this could impact air mobility and the German startup scene. Grover’s €50M Funding Amid Market Challenges: Berlin-based tech rental company Grover raised €50M as it navigates economic headwinds. Find out how Grover is pivoting toward sustainable growth and what this means for the tech rental industry. CatalYm & osapiens: We discuss CatalYm’s €150M Series D funding for cancer immunotherapy and osapiens' €110M investment to expand its global ESG platform. These stories highlight the growing investor confidence in Europe’s deep-tech and biotech sectors. ECB’s Digital Euro Progress Report: Get updated on the European Central Bank’s first report on the digital euro, marking a significant step in developing Europe’s central bank digital currency (CBDC). 🇩🇪🇦🇹🇨🇭 Local Startup News: Germany: The AI startup sector in Germany is booming, with a 35% increase in 2024. We explore the opportunities and challenges in this thriving industry. Austria: Vienna-based HR tech startup Speedinvest Heroes (HROs) has filed for bankruptcy, highlighting the challenges in Austria's HR tech sector. Switzerland: Swiss startups raised CHF 1.1B in H1 2024, with biotech leading the charge. Despite a 9.5% decline, early-stage investments in AI and energy are showing strong growth. 🔗 Useful Links: Original Blog Post: https://www.startuprad.io/blog Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9 #Hashtags: #StartupNews #GermanStartups #SwissStartups #AustrianStartups #TechTrends #FundingNews #AIInnovation #DeepTech #VentureCapital #EuropeanStartups
This Month in German, Swiss, and Austrian Startups - June 2024 | Startuprad.io Welcome to our June 2024 wrap-up, where we bring you the latest news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland, all in under 30 minutes! In this episode, recorded with Chris in New York City and Joe joining from Frankfurt, we cover the top highlights from June 25th: ### Highlights: - Check24's Massive Marketing Campaign: Check24 launched a major campaign, distributing 5 million free Puma football jerseys in Germany, costing around €100 million. This initiative has sparked vibrant online discussions and driven app downloads, despite privacy concerns. - Aviation News: Lilium seeks €300M in government aid to advance its "Lilium Jet," while Volocopter continues to vie for funding. - Insurtech Updates: WeFox faces internal strife that could significantly lower its valuation from $4.5 billion, while Clark is preparing for a substantial funding round under new leadership. - Amazon's Investment in Germany: Amazon announces an additional €10 billion investment in Germany, focusing on cloud data storage and logistics, bringing their total investment in the country this year to €17.8 billion. - DeepL's Milestone: DeepL becomes Germany’s most valuable AI startup with a $2 billion valuation, following a $300 million investment. - Black Semiconductor's Major Funding: Black Semiconductor secures €254.4 million to boost Europe's semiconductor industry, with plans to open a pilot facility in Aachen by 2026. - Cognigy's AI Advancements: Cognigy raises $100 million to enhance AI-driven customer service automation, supported by major brands like Lufthansa, Toyota, and Mercedes-Benz. - Flix's Strategic Moves: Flix considers private equity investment from EQT, potentially acquiring a 30% stake and altering Flix's path to a public offering. Join us as we delve into these stories and more, highlighting the dynamic changes and strategic shifts in the DACH startup ecosystem. Stay informed with the latest developments in tech and entrepreneurship in Germany, Austria, and Switzerland. For more in-depth coverage and analysis, visit our blog at [startuprad.io/blog](https://startuprad.io/blog). Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio Our Sponsor Startupraven The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ Find all options to follow us and subscribe here: https://linktr.ee/startupradio Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
### Podcast Description: The Path to US VC Funding: Tips from JC2 Ventures Partner Yvette Kanouff In this episode of Startuprad.io, host Jörn "Joe" Menninger sits down with Yvette Kanouff, Partner at JC2 Ventures, to discuss the secrets to optimizing your VC pitch. Drawing from her extensive background in mathematics and technology, Yvette shares invaluable tips on crafting concise and compelling presentations, simplifying complex concepts, and understanding the perspectives of venture capitalists. Join us as we delve into the importance of networking, building long-term relationships, and the power of personal meetings in the fundraising journey. Yvette also highlights key investment areas such as AI, security, fintech, and clean energy, emphasizing the role of disruptive technologies and stringent financial criteria in successful pitches. Additionally, Yvette shares her experiences with investments in anti-drone technology and the potential for European startups in deep tech and green tech. Whether you're navigating cross-country investments, leveraging AI advancements, or preparing for your next pitch, this episode is packed with actionable insights to help you succeed. Tune in for a conversation that’s sure to inspire and inform your entrepreneurial journey. Don't miss out on this engaging and informative episode! Key Topics: - Yvette's career in mathematics and technology - Tips for concise and effective pitching - Understanding VC perspectives and financial criteria - The role of disruptive technologies in investment - Networking strategies and building long-term VC relationships - Insights into AI investments and the startup ecosystem - The future of deep tech and green tech in Europe Follow us: Stay updated with our latest episodes by following us on Telegram: https://t.me/startupradiochannel Join our monthly newsletter on Slack: https://startupradio.substack.com/ Sponsored by Startupraven: Join our community of entrepreneurs and find investors and cooperation partners for early-stage startups. Sign up here: https://startupraven.com/ Guest: Yvette Kanouff, Partner at JC2 Ventures, brings her robust expertise in technology and investment. Learn more about her groundbreaking work and investment strategies: https://www.jc2ventures.com/jc2-ventures-team-1-1 Tune in now for expert advice on securing VC funding and taking your startup to the next level! Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Welcome to our May 2024 wrap-up, delivering vital news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland—all in 30 minutes or less! 🎧 Join Chris from New York City and Joe from Frankfurt as they bring you the latest updates in the GSA region. Due to Whit Monday and travel plans, this news cut is from May 16th. Any news not covered today will be included in our next wrap-up. #### Schedule: - Next Episode: June 27th - Summer Wrap-Up: September 2nd (Labor Day) We'll have a lighter summer program, possibly with more frequent updates, based on listener requests. #### Highlights: The startup scene is roaring back in GSA, with large investments and early-stage innovations. Grab a drink and a snack—this episode is packed with positive news and is longer than usual. - New VC Funds Raised: Over $7.5 billion - Germany's Air Taxi Dilemma: Lilium and Volocopter are at a crossroads, with France offering subsidies while Germany debates state support. - Amazon's €7.8 Billion Investment: Development of a purely European cloud storage infrastructure in Brandenburg. - WeFox Challenges: Valuation setbacks amid growth challenges. - Alzheimer's Research Boost: Takeda and AC Immune's $2 billion partnership. - Biontech's Resilience: Despite Q1 losses, Biontech advances its oncology pipeline and prepares for a renewed push in COVID vaccine demand. For detailed news and updates, visit our [blog](https://startuprad.io/blog) with all the latest stories. Interested in collaborations or advertising opportunities? [Storefront](https://workspace.passionfroot.me/startupradio). Don't forget to subscribe on Spotify and Apple Podcasts to stay updated with the latest news from the GSA startup scene! --- Detailed Topics: 1. Will German Air Taxis Fly? Germany debates support for air taxi startups Lilium and Volocopter, while France offers subsidies. Lilium is in advanced talks with the French government for expansion plans and potential financial aid. [Read more](https://buff.ly/3UBNCHS). 2. Amazon's Investment in Brandenburg: Amazon's €7.8 billion investment in Brandenburg to develop purely European storage capacities highlights its commitment to data sovereignty. [Read more](https://buff.ly/3V1PJpN). 3. WeFox Valuation Takes a Hit: WeFox faces valuation woes amid growth challenges, impacting its once promising trajectory in insurtech. [Read more](https://buff.ly/3UIByES). 4. Alzheimer's Research Collaboration: Takeda teams up with Swiss firm AC Immune in a deal potentially exceeding $2 billion to fight Alzheimer's. [Read more](https://buff.ly/4dJN5wk). 5. Biontech's Oncology Advances: Despite significant Q1 losses, Biontech continues to advance its oncology pipeline and prepares for a renewed push in COVID vaccine demand. [Read more](https://buff.ly/3wDhn33). Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Lower your Costs of ISO 27.001 and SOC 2 Compliance by up to 85% [with our Partner Vanta]Achieving ISO 27001 or SOC 2 compliance can unlock major growth for your company and build customer trust, but this process can be time-intensive and costly. Vanta automates compliance, getting you audit-ready quickly and saving you up to 85% of associated costs. And Vanta scales with your business, helping you enter new markets. Join 7,000 global companies like Atlassian, Flo Health, and Quora that trust Vanta. Claim 20% off Vanta at vanta.com/startupradio Interested in Working with us? Have a look here:https://www.passionfroot.me/startupradio Find all options to follow us and subscribe here:https://linktr.ee/startupradio 🌟 April 2024 Startup & Tech Wrap-Up 🌟 | Germany, Austria, Switzerland | Biotech Breakthroughs, Fintech Boom & Space Innovation 🚀In just 30 minutes, get the latest on the hottest entrepreneurship news from the heart of Europe! From groundbreaking acquisitions to futuristic ventures, here's what you need to know: 🔬 Novo Nordisk's €1.025B Biotech Splash! Discover how Novo Nordisk's landmark acquisition of Cardior Pharmaceuticals is reshaping the biotech landscape. 🚁 Volocopter's €150M Boost! Despite challenges, Volocopter gets a significant funding injection for its flying taxi vision. 💡 Zolar Shines with €100M! Learn about Zolar's massive credit line and its innovative financing options. 💰 ELEMENT Scores €50M! Explore how ELEMENT is revolutionizing InsurTech with its latest funding round. 🏦 Berlin: Fintech Capital! Berlin solidifies its status as the Fintech Capital with 160 thriving startups. 🛰️ Mynaric's Space Laser Triumph! Witness Mynaric's milestone in global space development with the CONDOR Mk3. Don't miss out on the latest tech and entrepreneurial breakthroughs! Watch now for all the details. #entrepreneurship #technews #startupscene #startupradio Find all links and show notes here:https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-march-april-bb97d8243696 Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Welcome to our March 2024 wrap-up with vital news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. Our startup news is recorded with Chris in New York City and Joe in Frankfurt. Recording date is March 25th 2024 and all news not included will be in our next news to be released on April 25th 2024. Happy Easter!Today we publish on Holy Thursday (Gründonnerstag) in Germany. Note that the Friday before and Monday after Easter are public holidays. Many people will take off around the holidays. So don’t expect your calls to be returned promptly during this time. A Seismic Shift in the Regional Startup SceneYou are witnessing a seismic shift in the GSA startup scene with us here and today. The headlines of our startup news used to be dominated by fintech funding. Now we have more than 7 billion € investments in green startups (battery, renewable energy) vs. “only” around 150 million in fintech funding in different forms. This is surely a foretaste of what’s to come. Our Highlights:The European energy landscape is witnessing significant developments with key investments across sectors. Northvolt’s Gigafactory in Northern Germany, backed by €900 million in subsidies and a €4.5 billion investment, aims to produce 1 million car batteries annually, driving electric vehicle adoption and job creation. Enpal secured €1.1 billion in refinancing commitments, while Sunfire raised over €500 million, bolstering Europe’s green hydrogen economy. ENVIRIA secured $200 million in capital from BlackRock, signaling confidence in the solar sector. Solaris Bank secured €96 million in funding but faced a €6.5 million fine from BaFin, reflecting fintech regulatory challenges. Magic gained traction with open AI’s and Tesla’s former Andrej Karpathy as investor, and Bitpanda established a €50 million VC fund for blockchain startups. However, the startup community grapples with stress, with nearly half considering quitting, underscoring the toll of rapid innovation. Let’s talk startups: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-march-2024-a49996ca44f9 Find All Other Channels HereFind all options to subscribe here: https://linktr.ee/startupradio Housekeeping & Time to Brag — Celebrating one Million Downloads in a Quarter!1 Million confirmed downloads in Q4 2023: https://www.linkedin.com/feed/update/urn:li:activity:7176895440510955520/ FeedbackWe would love to hear from YOU!!! https://forms.gle/mLV6mVKwGwKuut8BA The HostsThe news are co-hosted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. And Christian “Chris' ' Fahrenbach, co-founder Startuprad.io, freelance reporter, lecturer, author and blogger . Reach out to them: Joe on LinkedIn Joe on Twitter Chris on LinkedIn Chris on Twitter
🚀 Welcome to Startuprad.io – Your Ultimate Destination for Tech Entrepreneurship News! 🌟Interested in Working with us?Have a look here: https://www.passionfroot.me/startupradio SubscribeHere https://linktr.ee/startupradio In this episode, we dive deep into the latest tech and startup highlights shaping the landscape of innovation. Join us as we explore groundbreaking developments and game-changing investments that are driving progress in the tech world. 🔍 Our Highlights:1. Microsoft's bold move to invest 3.3 billion euros in expanding data centers in Germany is a testament to the importance of AI and cloud computing. Chancellor Olaf Scholz applauds this commitment to progress and global openness. 2. Vienna-based AI startup Magic secures a whopping $117 million in funding, setting ambitious goals to surpass ChatGPT-4 with its AGI ambitions. Meanwhile, Stuttgart's Instagrid raises an impressive $95 million to expand into North America with its innovative portable battery systems. 3. Amidst the success stories, we also shed light on the challenges faced by fintech and MedTech sectors. Elinvar grapples with insolvency despite a hefty €50 million investment, while Sanity Group, a cannabis company, makes tough decisions by cutting staff. 4. But there's no shortage of triumphs! BioNTech emerges victorious in a lawsuit, Flixbus makes strides by expanding to India, and Mondu secures a massive €30 million for its expansion plans. However, changes in German insolvency regulations pose new challenges for debt-funded startups like Instafreight. 5. And lastly, EV charging platform Monta electrifies the scene by raising an impressive €80 million for its European expansion, signaling a bright future for sustainable transportation. Stay ahead of the curve with Startuprad.io as we bring you the latest updates and insights from the dynamic world of tech entrepreneurship. Don't forget to subscribe and hit the notification bell to never miss out on our exclusive content! #technews #startupradio #entrepreneurship #innovation #techinvestments #ai #cloudcomputing #AGI #fintech #medtech #biontech #evcharging #MontaExpansion Let's talk startups: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-february-2024-c5d6ea9a5b5c Startuprad.io™ - All Rights Reserved Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Tune in to the latest episode of our podcast, where we discuss the top news and trends in German, Swiss, and Austrian (GSA) startups. From European unicorns to emerging tech companies, we cover it all in this monthly show. Don't miss out on the latest tech news and startup updates! Our Highlights:Joe already did a 2023 review focused on valuations and investments. All publications more or less agreed that 2023 was hopefully rock bottom for startups, their valuation, funding and founding of new ones and it should get better. Thumbs pressed for that (as is German custom). Our former guest Finn raises 100 M€, unicorn 1Komma5 Grad is looking for 100 M€, Unzer loss amounts to 400 M€ and Everphone raises 270 M€. Despite the dire situation, almost 2,500 new startups were founded in Germany. Also one should take notice of Karlsruhe, a city with a world-class technical university, that is home to INTERATEC which raised 118 M€ for efuels. Please, take a moment and match again all the bad news we have gathered here and weigh it against entrepreneurs sticking their heads out and even raising hundreds of millions from investors. Congratulations to those brave ones! Let's talk startups: Interested in Working with us?Have a look here: https://www.passionfroot.me/startupradio Our Sponsor StartupravenThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ Find all options to follow us and subscribe here:https://linktr.ee/startupradio Find all links and Show Notes Here:https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-january-2024-startuprad-io-e-412-8aed840bed61 #startupradio #startupnews #startuppodcastgermany #technews #technologynews #techpodcast Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Join us for a deep dive into the startup world of Germany in 2023! We'll recap the latest trends in startup valuations and investments, featuring top Berlin, Hamburg, and other German startups. Learn about the innovative ideas and entrepreneurs driving the German startup scene forward. Don't miss out on this valuable information for investors and aspiring entrepreneurs alike! Like what you hear?You can tip us here: https://www.buymeacoffee.com/Startuprad.io F Subscribe HereWe are always sharing new resources with you. Find all of our options below. We want to make sure that we provide what's best for your growing team, so please take a look at these additional ways in which can help! https://linktr.ee/startupradio Our Sponsor StartupravenA startup's journey can be a tough one, but it doesn't have ́to feel like you're alone on your quest! Invest in others' success with us by joining our community of entrepreneurs who are building amazing things every day - no matter how big or small their ideas may seem at first glance. The best way to find investors and cooperation partners for early-stage startups. Sign up here: https://startupraven.com/ All Links and Show Notes Here is our blog post:https://medium.com/startuprad-io/deep-dive-a-recap-of-2023s-startup-valuations-and-investment-trends-d0d876b4cd1e We are talking about #Startupscene #germanstartuppodcast #germanstartups #startups #innovation #entrepreneur #entrepreneurship #businessnews #insolvencies #earlystageinvestment #seed #seedfunding #preseedfunding #laterstagefunding #valuation #privateequity #venturecapital #fundraising #deeptech #biotechnology #AI #europeanstartupodcast #europeanstartup #startupeurope #ecosystem #ecosystems #scalablestartups #jobcreation #marketcapitalization #dealvolume #europeanperspective #cleantechnology #cleantech #fundingslump #biotechcompanies #entrepreneurinterviews #startupradio Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Dear Esteemed Listeners, As the holiday season wraps us in its joyful embrace, I wanted to take a moment to extend my heartfelt gratitude to each and every one of you who has been a part of our incredible journey here at Startuprad.io. This time of year is not just about the twinkling lights and merry melodies; it's about cherishing connections, celebrating accomplishments, and embracing the spirit of togetherness. Your unwavering support, insightful feedback, and enthusiasm have been the driving force behind our podcast's success. As we reflect on the year gone by, I'm filled with immense gratitude for the enriching conversations, the wisdom shared by our remarkable guests, and the vibrant community that surrounds us. Your engagement fuels our passion to continue bringing you thought-provoking insights and valuable content. May this season fill your hearts with warmth, your homes with laughter, and your lives with endless joy. Here's to a new year brimming with innovation, inspiration, and boundless opportunities. Thank you for being an integral part of our journey. From the entire team at Startuprad.io, I wish you and your loved ones a Merry Christmas and a joyous holiday season. Warm regards, Joe Menninger Host, Startuprad.io The background music is Borrtex 04 Happy Holidays published under Creative Commons License Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Welcome to our December 2023 wrap-up with vital news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. Our startup news is recorded with Chris in New York City and Joe in Frankfurt. The recording date is December 19th, 2023 and all news not included will be in our next news to be released on January 25th, 2024. Note: We will take a holiday break until January 18th, 2023, when you can expect the first publication in the new year. Our Highlights:Aleph Alpha's AI models get bad press. Escooter Tier lays of one-fifth of the workforce. Solarisbank also fires employees, and so does the Austrian scale-up neoom. Sport Alliance gets 100 M US$ funding and Hugo Boss chips into a sustainable fashion fund. Trade Republic is now a fully licensed bank and Instafreight has to file for insolvency. In total, we have more than 30 M US$ new VC investments in Austria, more than 25 M US$ investments in Switzerland, and more than 400 M US$ investments in Germany, vs only three insolvencies. Yes at the core we are very positive :-). It feels better, at least a bit. Let's talk startups: Our Partners (AL)Are you a startup founder, looking for a bank account in the EU? We are banking with Qonto. Sign up, using this link: https://qonto.com/r/pb0kq1 🔥 Supercharge your sales game with Pipedrive! 🚀 Unlock the ultimate tool for lead management and conversion. 💼 Seize this exclusive offer: Get a jaw-dropping 30% OFF for an entire year! 🌐 Elevate your business 💥 #Lead https://www.joinsecret.com/?r=c94534197f2d 🎉 Elevate your customer support game with Zendesk! 🚀 Experience excellence for FREE - get 6 months on us! 🌐 Revolutionize your service and delight your customers. ⏳ Don't miss out on this incredible opportunity! 🚀 #CustomerSupport https://www.joinsecret.com/?r=c94534197f2d 🚀 Elevate your business with Freshworks! 🌐 Unlock a game-changing 90% OFF on their powerful customer engagement tools! 🌟 Seize the moment to supercharge your success. ⏰ Don't miss out - the future of seamless customer experiences awaits! 🚀 #deals https://www.joinsecret.com/?r=c94534197f2d All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-december-2023-startuprad-io-e-409-f30d787f0c1f Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Like what you hear? You can tip us here: https://www.buymeacoffee.com/Startuprad.io WelcomeWelcome to our November 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. Our HighlightsAI startup Aleph Alpha raises half a billion dollars, CMBlu raises 100 mn € for energy storage, WeFox gets 55 M US$ from Deutsche and Unicredit, and Vanguard pulls the plug on their German robo advisor. It seems that Sono Motors has found an investor to keep going at least until the end of 2024 and the German subsidiary of WeWork also has to file for insolvency. Let's talk startups: Our Sponsor StartupravenThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ Find all options to follow us and subscribehttps://linktr.ee/startupradio Our EnablersThis recording is supported by HTAI and the Enterprise Europe Network Hessen. Look for our dedicated sub-podcast in partnership with them: Tech Startups Germany on our https://linktr.ee/startupradio Top NewsAleph Alpha raises 500 mn US$Heidelberg-based Aleph Alpha raises a total investment of more than half a billion US Dollars from a consortium of industry leaders and new investors for their AI for Enterprises and Governments. CMBlu Energy raises 100 mn €German Energy scale-up CMBlu offers „warehouses for energy", with batteries storing up to gigawatt hours. They now raised 100 million Euros, with Strabag being the sole investor, one of Europe's largest construction companies, based in Vienna. WeFox Raises 55m US$Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds. WeFox is an online insurance broker and it did not raise equity, so their valuation stayed the same. Sono Motors May Have Found An InvestorSono Motors was once hailed as a new hope for the German startup scene, listing early in the US in November 2021. The company wanted to increase the reach of electro-cars by adding solar cells but ran into many problems while developing electro-cars. In the end, they had to file for insolvency but are now restarting with tech that allows the retrofitting of solar panels for fossil fuel busses. Sono Motors filed a 6-K form with the SEC saying that the company secured its survival for 2024, apparently most of the 250 employees can find further employment. Read more in our blog post: Sono Motors Finds Investor https://buff.ly/3Rjuo9t Vanguard Pulls The Plug on Their Robo Advisor in GermanyVanguard's German robo advisor costs millions and scores only 4 mn assets under management (AuM) at the end of 2022. A disaster according to FinanceFWD. To put this in perspective: Scalable Capital had 11 months after launch more than 100 mn AuM WeWork Germany Files For InsolvencyWeWork's German subsidiary filed for insolvency - the company had issues everywhere. Find the full news with all links and show notes here:https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-november-2023-startuprad-io-e-405-99d9efb6f3ff This podcast uses the following...
Like what you hear? You can tip us here: https://www.buymeacoffee.com/Startuprad.io Welcome to our October 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. This time we wrap up October 2023 in our 400th episode! Our startup news are recorded with Chris today in Germany and Joe in Frankfurt. The recording date is October 25th and all news not included will be in our next news to be released on November 30th. This time we made more cuts to our news here. We hope you like the lighter version of it. If you think we cut too much, feel free to let us know. For everyone who celebrates it: Happy Halloween AAAAAAAAAAAAAAND Happy Thanksgiving! Our Highlights:BioNTech is a very special case in Germany, but now one of their former Senior Vice Presidents (Katalin Karikó, has been awarded the Nobel Prize in Medicine 2023 for her research in mRNA). Two German companies IPOed (yes, no startups, but still a good sign). Solar startup Nexwafe starts 120 M € funding, Black Semiconductor from Aachen is looking to raise 500 M €, and there is bad news about the former unicorn Infarm. Let's talk startups: Subscribe HereFind all options to subscribe to our newsletter, podcast, YouTube channel, or listen to our internet radio station here: https://linktr.ee/startupradio Our EnablersThis recording is supported by HTAI and the Enterprise Europe Network HessenThis recording was made possible by HTAI and the Enterprise Europe Network Hessen. These organizations have made tremendous contributions to helping startup businesses succeed and thrive, providing a range of services from helping to find grants to ongoing partnerships. By taking advantage of these resources, startup companies can network and develop innovative strategies for success on the international stage. The dedicated support of HTAI and the Enterprise Europe Network Hessen is paramount in providing startup businesses with the tools for lasting success. Look for our dedicated sub-podcast in partnership with them: Tech Startups Germany on our https://linktr.ee/startupradio Startupraven.comThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ Top NewsFormer Employee of BioNTech Receives as 13th Women Nobel Prize in MedicineBioNTech is a very special case in the German startup world. During corona, they have been assumed to be responsible for 0.5% of GDP growth of all of Germany, one of the five largest economies in the world. Now they have another very unique distinction: A former Senior Vice President (2013–2022) of the company Katalin Karikó, has been awarded the Nobel Prize in Medicine 2023 for her research in mRNA. Congratulations to her, being the 13th woman to have won a Nobel prize in medicine, she is sharing the prize with Drew Weissman. Solar Startup Hunting for 100+ M € in Funding at 500 M ValuationFreiburg, Germany-based solar startup Nexwafe starts new funding, aiming for 120 m € in Venture Capital at a valuation of up to 500 M € Black Semiconductor 500 M € in FundingAachen, Germany-based chip startup Black Semiconductor about to close large funding of 500 M €, with up to 70% of government funding. The founders are looking to develop a new way to connect elements on semiconductors but may need up to 7 years for the...
Like what you hear? You can tip us here: https://www.buymeacoffee.com/Startuprad.io Our Sponsor Startupraven The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ Find all options to follow us and subscribe here: https://linktr.ee/startupradio Welcome to our summer 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. This time we wrap up September 2023. There have been a lot of news sad (insolvencies, final closures, …), but also good ones (expansions, fundings, …) that we just had to make a selection in order not to bore you to death. Our startup news is recorded with Chris live in New York City and Joe in Frankfurt. The recording date is September 26th and all news not included will be in our next news to be released on October 26th. Our Highlights: We track close to 500 mn Euros in newly announced investments in GSA. We have the first defense tech unicorn in Berlin and a lot of great news from Greentech startups in Germany. Some proptechs are not doing well, but not all startups associated with construction are performing poorly, as shown by the fundraising from Schüttfix. Long-distance trucking gets more autonomous with FERNRIDE and some bank news: Deutsche Bank uses Swiss DLT startup Taurus' technology and we learn more about JP Morgan's retail offering in Germany. Unicorn Flix already hired banks for their IPO in H1 next year. We also keep you updated on the bank holidays in Germany in the next weeks. Let's talk startups: Find all links and show notes here: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-september-2023-startuprad-io-e-397-40c9c7b5fa2c Mentioned in this episode: Startupraven.com The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy Chartable - https://chartable.com/privacy Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio
Welcome to our summer 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in around 30 minutes sometimes less 🙂. This time we wrap up July and August. We came up with the summer news because the September news has always been very long, overcrowded, and covered 3 months. That was a bit too much of a break and too much news in one piece. So we looked to wrap up summer and since the US is an important market and Labor Day is the unofficial end of summer it seems like a good fit. This summer has been a bit different and there has been a lot of news, so we focus more on the most recent ones and we have cut a lot of news here. For everybody in the US who celebrates it: Happy Labor Day! Find all links to the quoted news on our Medium blog: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-summer-2023-july-august-episode-fdb709d89fbd Like what you hear? You can tip us here: https://startupradio.captivate.fm/support Our Sponsor StartupravenThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ Our Highlights:Binance has not - yet - gotten permission to operate in Germany from BaFin, Nextwind raises 750 m US$, Bitpanda surpasses 1 M customers in Germany and Germany sets a new record in new founders. We also shared that SAP wants to invest in Aleph Alpha, they confirmed this and two more. Germany's law for legalizing cannabis falls short of the expectations of cannabis entrepreneurs. Europe dominates climate fintech funding and the overall fintech funding shows a sign of life. Bafin also stopped mini VC investments - trashing the business model of some fintechs - AND we found newly closed VC funds in excess of 2.8 bn US$ that are open to European founders. Our Enablers This recording is supported by HTAI and the Enterprise Europe Network Hessen Look for our dedicated sub-podcast in partnership with them: Tech Startups Germany on our https://linktr.ee/startupradio Startupraven.com The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ Top News Du kommst hier ned rein 🙂 Is the usual saying in Frankfurt if a Bouncer won't let you in a ClubFintech blog Finance Forward reports German finance oversight BaFin signals no license for Binance for Germany. So they can neither advertise nor expand in Germany. To be clear, this is not a final NO, but rather a "Binance keeps trying, but BaFin signaled a No" 750 M US$ for Wind EnergyWind Energy in Germany: StartUp Nextwind raises 750 M US$ Venture Capital investors include Sandbrook Capital, Canadian funds Public Sector Pension Investment Board (PSP Investments), and Imco Bitpanda - The Austrian UnicornSurpasses 1 million customers in Germany alone https://buff.ly/44mMyKP it is not sure how many of them are really active, but that is always a tough question, even for the startups. But the question is important since one only makes money with active users. Germany Sets a New Record in FoundersDespite the current economic situation, Germany has the highest share of founders in 24 years!!! According to the Global Entrepreneurship Monitor Germany had a larger than 9% founder quota, meaning people from 18–64 who (co) founded a new business within the last 3,5 years (Young...
Welcome to our June 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. We follow our top-down structure in the news. Welcome to our startup news wrap-up for June 2023 by Startuprad.io with Chris from New York and Joe from Frankfurt. We recorded this news episode on June 27th, 2023. All news not yet included here will be published in our next news episode. Find all links to the quoted news on our Medium blog link below. Note: We will now go into the summertime: In July and August we will only publish content every other week AND the next startups news will be our summer wrap-up, to be published on September 4th, in the US celebrated as Labor Day. Our Highlights:1 Komma 5, a Greentech startup, becomes a unicorn after only 23 months. We are wondering if this is the rise of climate tech startups already? Switzerland has a record funding with Teylor of 275 m €. GetYourGuide shows travel tech is back in favor of VCs with 194 m US$ funding. Germany and Intel agree on subsidies and investments for a new mega chip factory worth more than 30 bn Euros. Fernride, a pioneer of autonomous electric trucks, gets a 30 M US$+ Series A funding. Let’s talk startups: Top News The Rise of Climate Tech Startups Has Begun, So It SeemsHamburg’s 1KOMMA5° has raised €430 million — and just become a unicorn at just 23 months old Related: 1KOMMA5 buys danish solar company Viasol Related: 430 mn debt funding A Record Funding for SwitzerlandSwiss-based SME lending fintech Teylor raises 275 m Euro, gaining Barclays as a new investor. Other investors include M&G Investments … Traveltech Startups Seem to Be BackGetYourGuide raises $194 million to fuel curated travel experiences and global expansion 30 bn For a New Chip FactoryIntel, Germany strike record €30B deal for chip mega-factory Do You Know Fernride?FERNRIDE a German pioneer of autonomous, electric trucks, raises 31 M USD in Series A funding Find all Links and Show Notes herehttps://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-june-2023-episode-388-960515c65b87 Startups, Venture Capital, Unicorn, New Unicorn, Europe, Germany, Austria, Switzerland, Scaleups, Tech News, Venture Capital News, Startup News, Mentioned in this episode: Startupraven.com The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/ This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy Chartable - https://chartable.com/privacy Interested in Working with us? Have a look here: https://www.passionfroot.me/startupradio