Deep Tech Germany: AI, Robotics & Frontier Innovation by Startuprad.io™

joe@startuprad.io
undefined
Jun 1, 2023 • 31min

This Month in German, Swiss, and Austrian (GSA) Startups - May 2023 | Episode #385

Welcome to our May 2023 wrap-up with important news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. We follow our top-down structure in the news: First, the top news, then we look with a bird's eye view at the startup ecosystem in the German language countries, dig deeper by looking at exciting startup cities and end with general news. And for those serious about startups, there is even a collection called: "Stay Ahead of the Curve," where we share in-depth reads, articles, studies, and podcasts. Our next news episode will be published on June 29th, and then we are - for the news - in summer break. Our Highlights:Germany is now officially in a recession, but one with barely any unemployment. Also, we still track many startups going out of business, BUT the overall picture is improving. The German VC and PE Barometer - which captures the mood of many German investors - is showing an uptick. This shows especially in the massive amount of new funds raised; they promise a bright future for startups! We tracked at least 3,4 bn Euros of newly raised funds, which will be invested entirely or partially in startups in Europe and GSA. Look at our medium blog; we have more information on what the investors are looking for and how to pitch them. We also have investments and exits worth at least 5,4 bn Euros and news in this episode, including WeFox, Tier Mobility, Infarm, Blinkist, Bitpanda, Aleph Alpha, Sono Motors, and many more. Let's talk startups: Find all links and the other news here: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-may-2023-episode-385-87fd564d483a Tune in to our 24/7 Tech Entrepreneurship Internet Radio Station here:www.startup.radio 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 HessenLook 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 NewsDeal or No Deal?Getir is in talks to take over German grocery app rival Flink | Financial Times But then: Flink's sale to Getir fell through. Now Flink is raising 150 M € from investors, including grocery giant Rewe and Doordash Tier Mobility to Merge with CompetitorEuropean e-scooter giant Tier Mobility maps route to merger Will Infarm Be Soon Outfarm?Infarm keeps shrinking and is leaving Europe, reports Handelsblatt. The greenhouse startup reportedly has only 80 employees in Europe left and will get an investment at an unknown valuation for their relocation - likely to the Middle East with low energy prices Blinkist Makes a Large Exit!Berlin-based startup Blinkist is sold to Australian education startup Go1 for an undisclosed amount, reported to be "hundreds of millions." Blinkist offers short wrap-ups of nonfiction books as text or audio Large Drops in Valuations are... Folge direkt herunterladen
undefined
May 25, 2023 • 30min

AI Structuring Data from Unstructured Medical Documents | Minds Medical

Executive SummaryIn this episode, Joe interviews Lukas, co-founder of Minds Medical, and Ingo, senior partner of SYNPULSE. The story follows the pivot of Minds Medical from a healthcare-focused AI startup serving hospitals to its services for fintech/insurtech companies during the COVID-19 pandemic. They also discuss the challenges of extracting structured data from unstructured medical documents and the potential applications of this technology in the insurance industry. The conversation highlights the joint offering of intelligent document processing for the insurance industry and the acquisition process between the two companies. When Corona hit, all hospitals stopped picking up the phone. So we had to focus all our energy on the insurance product.Lukas Naab, Founder Minds MedicalFollow Us!If you are listening to our content for the 2nd time please consider following us on social media. https://linktr.ee/startupradio With SYNPULSE8 we are now building a product for the global insurance market.Lukas Naab, Founder Minds MedicalOur Enabler 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/ Our Enabler HTAI and the Enterprise Europe Network Hessen This 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. Learn more here: https://www.htai.de/ and https://www.een-hessen.de/  We discovered for example that one large hospital in Germany has more than 200 different forms just to discharge patients. [And there are more than 1.800 different hospitals in Germany]. This amount of unstructured data requires machine learning and AI to be useful. Lukas Naab, Founder Minds MedicalThe FounderLukas is the founder and CEO of Frankfurt-based AI startup Minds Medical. Since the acquisition of Minds Medical he is in the new company the principal product owner for SYNPULSE8. During the outbreak of corona, hospitals had many other things to do and just stopped picking up the phone, all at the same time. So Minds Medical had to focus completely on their insurance product. They eventually decided to join forces with SYNPULSE since they already had a joint offering for disability insurance providers. The StartupMinds Medical was acquired by SYNPULSE, now known as SYNPULSE8. This becomes part of their offering to insurance companies and insurtech startups, active in the healthcare Folge direkt herunterladen
undefined
Apr 27, 2023 • 22min

This Month in German, Swiss, and Austrian (GSA) Startups - April 2023 | Episode 380

Welcome to our April 2023 wrap-up with important news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. Our Highlights:Considerable funding made headlines last month. We have more than 600 M euros in funding in our highlights alone. A potential large exit: Software AG, the Darmstadt-based listed software company, is close to a 2.4 bn US$ exit with an offer from Silverlake Partners. Also, Berlin-based Blinkist may be close to a 200 M € exit. Hundreds of millions of raised funds were announced by Enpal (via ABS), Isar Aerospace, IntegrityNext, Razor Group, and Tado. Also, SAP is close to investing in Germany’s hottest AI startup Aleph Alpha from Heidelberg. Diverging picture in Airtaxi space: Lilium is looking for new investors; Volocopter builds the taxis and expects them to fly in less than 500 days at the Paris Olympics. Let’s talk startups: Top NewsSoftware AG Close to a Multi-Billion AcquisitionPrivate-equity firm Silver Lake Partners, based in Menlo Park, is close to buying Germany’s Software AG in $2.42 billion deal. The offer is already public, reported Reuters. Shares of listed Software AG jumped 53% at the announcement. The investor already knows the company: In February 2022, Silver Lake had invested 344 million euros in the software developer’s convertible bond, which upon conversion would represent nearly 9% of issued Software AG shares. Enpal Raises More Than 300 M€Enpal raises up to €356 million via Securitization of Solar Receivables with first German residential solar ABS. ABS are asset-backed securities, that means if Enpal can not pay interest or pay back the final sum, the investors have the collateral (assets) backing the security Blinkist Close to 200 M € ExitReports blog Deutsche-Startups, with an offer from an — yet unnamed — American company. The blog, with its founder Alexander Hüsing is usually pretty well informed and has been right before. Isar Aerospace Closes €155 Million FundingIsar Aerospace closes €155 million Series C funding round, ignition sequence start, all engine running. Investors are 7-Industries Holding, Bayern Kapital via its Scale Up Fund Bavaria, Earlybird Venture Capital, HV Capital, Lakestar, Lombard Odier Investment Managers, Porsche Automobil Holding SE (Porsche SE), UVC Partners, and Vsquared Ventures 100 m € for IntegrityNextThe company has been bootstrapped for seven years, but now IntegrityNext takes €100 million from EQT Growth fund. Razor Group Raises 88 M US$Berlin-based Razor Group, an e-commerce aggregator, closes Series C at $88M at $1.2B valuation, acquires Stryze to consolidate. Tado Raises Money, As IPO Plans FalterSmart thermostat startup Tado wanted to IPO but then came Corona and Ukraine. They originally wanted to explore a sale or IPO after their 2021 fundraising, but the SPAC deal faltered and they needed to adapt. So they raised 46.9 M US$. Their existing investors already include Siemens, Amazon, and EON. SAP To Invest In AI Startup Aleph AlphaGerman press reports that the software giant SAP is about to invest in German ChatGPT competitor Aleph Alpha, which also claims to have eliminated fake news from its software. As yet, the valuation and investment are not known. Related: Heidelberg-based startup, a competitor of ChatGPT, claims to have eliminated fake news from its tool Luminous Airtaxi Lilium is Looking for New Money, and Volocopter is Planning to FlyAirtaxi Lilium: 0 Euro revenue, 253 mn € losses. They are looking for new investors. Volocopter on the other hand, wants to start operating their drones as taxis ASAP. They also pledged to operate their air taxis in Paris, during the Olympic Games, in less than 500 days. Related: Volocopter starts production — founders magazin All Links and Show... Folge direkt herunterladen
undefined
Apr 20, 2023 • 41min

Where Are GSA Startups Heading? Insight From Recent Patent Filings With QuantIP | Exclusive Data

Executive SummaryGet exclusive insights into the latest patent filings of GSA/DACH startups. Discover where they’re going and what impact they may have on your business. QuantIP is an analytics company that offers data and analytics on patent data and, for us, went through 460 categories and more than 16.000 patent filings. With their tools, we get you an exclusive insight into the patent filings of 2022. Tune in to learn more about the industries and areas startups are filing patents in. Patent databases are the best man-made databases that ever existed. … a collection of all potential economically viable technical information, collected over the last 200 years.Lucas von Reuss, CEO and co-founder QuantIPThe FounderLucas is the CEO and co-founder of QuantIP. He held multiple positions, including in journalism, before co-founding the startup. His positions include editor-in-chief at €uro, a magazine for sophisticated private and professional investors (a German equivalent of Barron’s Finance and Investing News). He also held positions with Axel Springer Financial Media before. He was always working around investing and asset management. He holds degrees from Ludwig-Maximilians-Universität München (LMU), Axel Springer School for Journalism, and an MBA from Stockholm School of Economics. Part of the success of a company can be forecasted with their patent and patent filings. There are a lot of other important factors, depending on the industry, but for many future industries patents play a big role.Lucas von Reuss, CEO and co-founder QuantIPThe StartupQuantIP is a Munich-based big data startup, exclusively focused on patent analytics. The startup is already closing in on breaking even in the next 6–12 months. QuantIP currently offers three products.Data feeds tailored to the needs of systematic and quantitative equity investors.Thematic search tailored to themed-driven asset managers, e.g., deal sourcing.The pre-produced company reports on companies, available via platforms like capital iq from S&P, or AlphaSense Patents are a very hard read. The main purpose of the filing entity is to protect their IP in a way that no one can really figure out how to reproduce it.Lucas von Reuss, CEO and co-founder QuantIPExclusive DataQuantIP went deep into its database with more than 16.000 patents and dug through to find the 2022 filings from startup companies in Germany, Austria, and Switzerland. Large companies file many patents, and there are somewhere between two and three million every year. This report defines startups as companies that filed their first patent before 2018. They also have only 3–9 inventions (an invention is a novel idea, and the patent is only the protection of it so that an invention can be patented in several markets). For 2022 we look at almost 8.000 patent filings from a bit over 1.500 startups for GSA/DACH: https://medium.com/startuprad-io/where-are-gsa-startups-heading-insight-from-recent-patent-filings-with-quantip-exclusive-data-6b059d561480 Mentioned in this episode: Startupraven.com 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 Folge direkt herunterladen
undefined
Mar 30, 2023 • 31min

This Month in German, Swiss, and Austrian (GSA) Startups - March 2023

IntroWelcome to our March 2023 wrap-up with important news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. We follow our top-down structure in the news: The top news, followed by a bird’s eye view at the startup ecosystem, next deeper looking at fascinating startup cities, and we end with general information. And for those serious about startups, there is a collection called: Stay ahead of the curve, where we share exciting reads, articles, studies, and podcasts. Welcome to our startup news wrap-up for March with Chris from New York City and Joe from Frankfurt. We recorded this news episode on March 27th, 2023. A little disclaimer: You may have noticed a lot of stress in February here at Startuprad.io. We should have remembered a few news items in our backlog and added them to this episode. All news not yet included here will be published in our next news episode for April, to be published on April 27th. Find all links to the quoted information on our Medium blog link below. If you celebrate it: Happy Easter! We also try to bring you a bit of culture from Germany here. Our Highlights:Good news and bad news for Fintechs Raisin and N26. Raisin gets its unicorn status back and gets a lot of new business, so much in fact that the complaints at Bafin are mounting. N26 generated 200 mn € revenue in 2021 but has to deal with a senior employee uprising. Neobank Ruuky is saved last minute. Startup Bonify reportedly makes a 20 mn € exit, but employees only get invited to a barbeque. GoStudent is a no-go with courts, and the first Goldman-backed fintech in Germany struggles. Bavarian Airlines may be just a hoax, and Grover shows the first signs on their way to an IPO. Let’s talk startups: Tune in to our Internet Radio Station here:www.startup.radio 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 Hessen.This 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/ Find Us on NewslyNewsly gathers the most trending web articles, reads them in a natural human voice, and showcases trending podcasts from over 80 countries. Newsly was recently selected by BestStartup.ca as one of the top 15 consumer apps in Canada and got to the top 3 daily products on Product Hunt. Register here: www.newsly.me and use the coupon code “STARTUPRAD” to get a one-month free premium subscription. Top NewsGood News and Bad News at RaisinThe rising interest... Folge direkt herunterladen
undefined
Mar 16, 2023 • 35min

Meet One Of The Investors Investing 300 m Euro For Europe’s Green Deal To Become Reality

Executive SummaryThe European Circular Bioeconomy Fund (ECBF) is a venture capital fund consisting of both public and private investors. It focuses on driving the transformation to a bio-based, sustainable economy throughout Europe. This venture underlines the EU's commitment to its Green New Deal and sets higher standards for venture capital projects. Backed by venture capital, those companies funded must not only demonstrate economic growth potential but also uphold principles of environmental, social, and governance through their work. This fund stands as one part of a larger and definitive effort by the EU to become carbon neutral by 2050. 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/ The General PartnerMichael is one of the three founders and General Partners of the European Circular Bioeconomy Fund (ECBF). The German entrepreneur wrote and executed the business plan of High-Tech Gründerfonds (HTGF), the most active early-stage fund in Europe, investing in innovative technologies and business models since 2005. As the first managing director, he led HTGF until 2019. Michael has 25 years of experience in investment and management in the venture capital industry. The ECBFThe European Circular Bioeconomy Fund (ECBF) is an impact investment fund. Initiated by the European Union, it contributes alongside others as a financial instrument to achieve the goals of the European Commission's (EC) EU Green Deal. The European Investment Bank (EIB) is the main investor in the ECBF with EUR 100 million. Additional funds were invested by another public investor, NRW.BANK, as well as numerous private investors such as Nestlé, Neste, Corbion, BÜFA, Koehler Group, Volkswohlbund, Hettich, Invest NL, Telos, Heino, and more. The fund invests the available capital of 300 Mio. euros in ambitious and visionary companies that advance the bio-economy and circular economy with innovative technologies or business models and thus have a sustainable impact on the European economy. The goal is to accelerate the growth of bio-economy companies and create pan-European, global players. The goal of generating a very high return on investment is directly linked to this and is on the same level as the impact goal. The regional focus of the investments includes the EU-27 countries and the 16-Horizon2020 associated countries. Current PortfolioThe current portfolio includes (amongst others) the following companies: Peel Pioneers ProLupin Aphea.Bio Nuritas Elicit Plant InOvo Protix Biosyntia Trapview Pitch the ECBFECBFs Vision is to build up a prosperous economy realigned with nature. To get there they aim to identify the most promising investment targets in the European Bioeconomy, with both good financial returns and a huge impact on the environment. Thus, ECBF is interested in connecting with entrepreneurs, investors, and business promotion stakeholders with robust business networks in the bioeconomy. Find all requirements and the email Folge direkt herunterladen
undefined
Feb 23, 2023 • 23min

This Month in German, Swiss, and Austrian (GSA) Startups — February 2023

Welcome to our February 2023 wrap-up with the important news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. We follow our top-down structure in the news: First the top news, then we look with a bird’s eye view at the startup ecosystem in the German language countries, dig deeper by looking at interesting startup cities and end with general news. And for those of you who are really serious about startups, there is even a collection called: Stay ahead of the curve where we share interesting reads, articles, studies, and podcasts. Welcome to our startup news wrap-up for February 2023 by Startuprad.io with Chris from New York City and Joe from Frankfurt. We recorded this news episode on February 21st, 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. Our Highlights:Rising interest rates are leading to an interest rate war between the neobrokers. We covered the troubled company Windeln.de, which is now liquidated. Farewell! Moonfare extended it’s Series C funding to more than 130 m US$, but we are not sure who invested in the last batch, since a fund is mentioned, that was also founded by Moonfare’s founder. The City of Mainz goes live with its quest to become a world-class biotech hub. N26 was reportedly in advanced talks to buy dutch broker Bux, but buxed out shortly before the closing. AAAAAAnd, we like to end on a high note: Raising is in the process of reclaiming its unicorn status with new funding. We have also some event recommendations for you and discounts from 20% to 100% for the events listed in our show notes. Let’s talk startups: Our EnablersThis recording is supported by HTAI and the Enterprise Europe Network HessenLook 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:  Startup Raven Find Us on NewslyRegister here: www.newsly.me and use the coupon code “STARTUPRAD” to get a one-month free premium subscription. Top NewsNeobrokers Just Started — What May Be An Interest Rate War (Chris)After german unicorn Trade Republic had a smashing success with offering 2% interest for money deposited there now also fellow unicorn Scalable offers even 2,3%, BUT only from 100k € on and only if you are a subscriber (4.99/month)  Farewell Windeln.deWe have often talked in our news about the precarious position of windeln.de. Now it is finally liquidated  Who Extended Moonfare’s Series C?Moonfare is a fintech from Germany, allows individuals to invest in Private Equity Funds, founded by former KKR Germany Head Steffen Pauls. They cap their Series C extension round at about $15M, bringing its Series C funding to $130 million+ the Berlin-based fintech allows HNWI, family offices, banks, and their advisor's access to top-tier private markets investments. BUT German business magazin Manager Magazin reports that for this extension the only investor mentioned by name is one that Mr. Pauls has co-founded. You can find his profile at 7 Global Capital here on their website as Managing Partner and Founder. City of Mainz Starts to Invest some of Their... Folge direkt herunterladen
undefined
Feb 9, 2023 • 32min

Reverse.Supply Offers Fashion Brands Second-Hand-Shops-as-a-Service

Executive SummaryReverse.supply is a startup that offers second-hand shops for fashing brands, not only the technical shop but also the logistics behind it. We interview one of the three co-founders Konrad, the CTO, who has extensive experience from ImmobilienScout24, insurtech FRI:DAY, and Solarisbank. Reverse.supply is already working with companies like Globe Trotter, Armed Angels, and Bergzeit. Starting in 2024 there will be a legal requirement to take the clothing back, this is a massive opportunity for reverse.supply. Right now are could sell more 2nd hand clothes, than we get. There is a big demand there.Konrad Hosemann, CTO & Co-Founder reverse.supplyThe FounderToday we’re thrilled to have Konrad as our guest. He’s the co-founder and CTO of the recommerce startup reverse.supply, a company he formed to help bridge the gap between buyers and sellers of clothing, on behalf of brands. Previously, Konrad was Lead Developer at ImmobilienScout24, Head of Engineering at insurtech FRI:DAY, and Principal Developer at Solarisbank; his career is marked by long-standing success in the engineering sector. We can’t wait to discuss what Konrad has achieved thus far as the founder of reverse.supply! The StartupReverse.supply (https://www.reverse.supply/) is not only a SaaS startup. The company runs a large logistic center in Berlin, where they accept delivery of clothing for their clients. There they grade the received items. They add it to the online shop of the fashion brand and store the 2nd hand items to be sold yet again. They do this for several companies. Their disclosed clients include Globetrotter, Armed Angels, Bergzeit, and many more. Currently, many processes are manual and the startup is working on the automation and scalability of these processes. Reverse.supply is the winner of the German EcoDesign Award category “Service”. Venture Capital FundingThe company is open to talking to new investors. They are looking to further scale their operations, having already raised a business angel round, pre-seed funding, and seed funding. The investors include Capnamic, Dutch Founders Fund, and several business angels. Reach out to learn more. They Are Hiring!You can find the link to their careers page on our medium blog. Find Us on NewslyNewsly gathers the most trending web articles, reads them in a natural human voice, and showcases trending podcasts from over 80 countries. Newsly was recently selected by BestStartup.ca as the top 15 consumer apps in Canada and got to the top 3 daily products on Product Hunt. Register here: www.newsly.me All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/reverse-supply-offers-fashion-brands-second-hand-shops-as-a-service-892d84ba1ecb Topics Discussed in this InterviewIn this interview, we are talking about #Innovation #startup #startups #startupradio #entrepreneurship #entrepreneur #business #motivation #success #entrepreneurship #mindset #goals #entrepreneurlife #lifestyle #businessowner #believe #positivevibes #branding #innovation #techstartups #secondhand #asaservice #startup #berlin #coder #cto #cofounder #circulareconomy #2ndhand #2ndhandclothing #fashion #clothes #logistics Mentioned in this episode: Startupraven.com 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... Folge direkt herunterladen
undefined
Feb 2, 2023 • 41min

Immer.App Reinvents Reading For The Digital Age

Executive Summary Immer.App is a startup that has been chosen for the 2022 CONTENTshift accelerator, whose impressive and unique technology is set to revolutionize the way we read in the digital age. Through their development of an innovative mobile, tablet, and web-based reader experience, Immer.App are strongly positioned to impact both smartphone users and publishers alike. Although they have initially pivoted away from a consumer app to market their innovative reading technology, they are actively reaching out to producers of mobile apps, websites, and publishing companies who could significantly benefit from the use of their advanced system. Keep reading if you want to stay up-to-date with this exciting startup's journey! Subscribe Here https://linktr.ee/startupradio Our Sponsor Startupraven The best way to find investors and cooperation partners for early-stage startups. Sign up here: https://startupraven.com/ The Founder Niels is an entrepreneur and writer. He even wrote in the past background material for video games and articles for newspapers and magazines. Since he is so passionate about reading, he works really hard to re-invent reading for tablets, e-readers, and smartphones. The Startup Immer had a proof-of-concept app in the Netherlands with 10.000 users. During its development since its founding in 2020, it pivoted away from a reading app to its solution making text easier to read and easier to understand. This in turn makes all reading apps and e-readers potential partners, instead of competitors. Venture Capital Funding Immer.App is currently funded in an angel round of 600.000 €. They are looking for a pre-seed round. Currently, they have many dutch investors and look for more international investors to get their feedback and input as well. On our blog, there is a link to their pitch deck. Immer is Hiring! Learn more on our blog post. The CONTENTshift Accelerator This interview is part of our continued partnership with the CONENTshift Accelerator, the accelerator of Germany's association of book publishers and book printers (Börsenverein des Deutschen Buchhandels). If you are interested in learning more you can visit their website here: https://www.contentshift.de/en/ or just have a look at all the winners since 2017 here in our playlist: https://www.youtube.com/watch?v=6b0cn5X_xWE&list=PLUbiCAQc22Wu5mU4YqS7oWWEjqrdG1Kul&ab_channel=Startuprad.io Blog Post with all Links https://medium.com/startuprad-io/immer-app-reinvents-reading-for-the-digital-age-824c8ce91654 Topics Discussed in this Interview In this interview, we are talking about #innovation #startup #startupstories #startupradio #entrepreneurship #entrepreneur #business #motivation #success #entrepreneurs #mindset #goals #entrepreneurlife #lifestyle #businessowner #believe #positivevibes #branding #innovation #techstartups Mentioned in this episode: Startupraven.com Startupraven.com The best way to identify investors and... Folge direkt herunterladen
undefined
Jan 26, 2023 • 26min

This Month in German, Swiss, and Austrian (GSA) Startups - January 2023

Happy 2023, as well as a happy Chinese New Year of the Rabbit. 2023 Chris and Joe will again bring you startup news once a month (with a small summer break) wrapping up what was going on — and we found noteworthy — in the GSA / DACH startups scene. Our Highlights:WeFox is under fire for growing with acquisitions of insurance broker pools, BioNTech makes largest acquisition in its history, DeepL confirms unicorn status and snipes at Grammarly, Solarisbank in trouble with BaFin, Trade Republic has to disclose numbers and Sono Motors gets longer runway with EU money. 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 EnablersInvest-in-HessenThis show was made possible by Hessen Trade and Invest with their brand Invest-in-Hessen. You can learn more about them here (https://www.invest-in-hessen.com/). We also run a dedicated sub-podcast with all interviews and news in cooperation with them. Look for Tech Startups Germany here: https://linktr.ee/startupradio Startupraven.comThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here:  Startup Raven Top NewsWeFox got some splaining to do 🙂Extensive, but not favorable coverage of insurtech Wefox came out this month. The main complaints are that the growth is basically driven by acquiring existing pools of insurance brokers (not really what you would associate with an insurtech startup). They made that way 600 million Euros in revenue in 2022. But these pools do not get innovative systems from WeFox, or innovative insurance offers from them, they just keep working. Also, there has been no innovative product that really drove the growth at WeFox as an innovative unicorn BioNTech makes the largest acquisition to dateBioNTech may be one of Germany’s most successful startup companies. We talked about it in our news before, the company alone is responsible for approximately half a percentage point of Germany’s GDP Growth in 2021 — Keep in mind that Germany is the 4th largest country in the world by nominal GDP. Here is the new piece: Mainz-based pharma company BioNTech (famous for their corona vaccine) makes the largest acquisition in its history with UK-based AI startup Instadeep Related: BioNTech’s founder on the future of mRNA technology Cologne-based DeepL confirms unicorn status and snipes at GrammarlyDeepL takes aim at Grammarly with the launch of Write, to clean up your prose. Related: Cologne-based translation tool DeepL confirms unicorn valuation for their 2022 fundraising of 100 mn US$ Solarisbank joins N26 in Troubles with BaFinBafin is Germany’s bank oversight body (think FSA or SEC). They have already limited the number of customers N26 can acquire due to lapses in following regulations (especially AML), now Solarisbank is in too: “Solarisbank in Germany can now only get new partners (fintech clients) with permission of German finance oversight BaFin, due to continuing problems. BaFin also sends an “observer” Trade Republic UpdatesTrade Republic generates more than 1 bn Euros inflows of new client money with 2% interest rate offer and a lot of favorable press coverage. Also, Trade Republic has to publish their numbers: There is a legal requirement in Germany to publish your balance sheet 12 months after your business... Folge direkt herunterladen

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app