The deep tech track of the Startuprad.io podcast is your source for deep tech, AI, and news content from Germany, Austria, and Switzerland in English. We bring you stories from deep tech startups working on cutting-edge technology in areas like manufacturing, materials, and robotics. You'll hear about the latest advancements in deep tech and AI, and get insights into what's driving innovation in these fields. Deep tech has become increasingly important as a source of innovation and economic growth, think advanced materials, and quantum computing. deep tech startups are often founded by scientists and engineers who have deep knowledge of a particular field like agriculture, life sciences, chemistry, aerospace, and green energy. These startups often have a strong focus on R&D and often require significant investment to get off the ground. However, deep tech startups also have the potential to create new industries and make a significant impact on the world economy.Whether you're a deep tech startup or just interested in keeping up with the latest developments, this track is for you. We scored as a Global Top 200 Technology Podcast (Chartable). Learn more about us at deeptech.sounder.fm | Startuprad.io™ - All rights r eserved
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Dive into the world of innovation with Startuprad.io as host Jörn "Joe" Menninger explores the transformative journey of Metaloop with its Co-CEO and Co-Founder, Jan Pannenbäcker. This episode takes you through the digital revolution of the scrap metal industry, highlighting Metaloop’s commitment to sustainability and the circular economy.
Listen as Jan Pannenbäcker recounts his path from a small town in northern Germany to leading a groundbreaking startup. He delves into his ventures before Metaloop, from initiating a composting plant to launching a thriving sustainable clothing line, and now spearheading industry modernization with Metaloop.
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#Metaloop #CircularEconomy #Sustainability #Startuprad_io #Innovation #Recycling #TechStartups
Engage with our content and share your thoughts on how innovations like Metaloop can revolutionize industries. Join the conversation in our comments section or on social media platforms.
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In this episode of Startuprad.io, we dive into the world of deep tech investments with Max Narr, General Partner at Blue Forest Ventures. Max shares their strategy for bridging the gap between scientific innovation and investment by translating complex ideas into compelling equity stories. Discover how Blue Forest Ventures leverages alternative data sources and AI to evaluate markets, focusing on impactful solutions and diverse founding teams. Learn about their investment criteria, recent innovations, and commitment to combining financial success with positive impact. Join host Jörn “Joe” Menninger for an inspiring discussion on the future of deep tech investments and the unique ecosystem Blue Forest Ventures is fostering from their hub in Berlin.
Tune in to explore:
Challenges and solutions in translating scientific ideas into compelling equity stories.
The impact of avoiding heavily regulated fields like drug development on their investment strategy.
The use of alternative data sources for evaluating potential investments.
Balancing economic benefits with impactful deep-tech solutions.
The significance of heterogeneous founding teams.
Importance of technological readiness levels in attracting investments.
Exciting advancements in data transmission and storage technologies.
Integrating impact measurement into investment decisions.
Staying informed on new deep tech innovations.
Broader implications of innovations in global agriculture and sustainability.
🎧 Join us for this episode and learn how Blue Forest Ventures is transforming scientific research into marketable solutions.
📌 Learn more and support us:
🔗 Guest Information:
Max Narr, General Partner at Blue Forest Ventures
📌 About Blue Forest Ventures:
Blue Forest Ventures is a Berlin-based VC fund focusing on early-stage deep tech companies transitioning from academic research to commercial applications. Avoiding heavily regulated fields, they aim for impactful solutions with tangible economic benefits. With ticket sizes between 500,000 € and 1,000,000 €, they leverage data-driven methodologies to predict market trends and support innovative deep tech startups.
Listen now and discover the future of deep tech investments with Blue Forest Ventures! 🎙️
Interested in Working with us?Have a look here: https://www.passionfroot.me/startupradio
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
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Guest:
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Tune in now for expert advice on securing VC funding and taking your startup to the next level!
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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.
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.
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 with all the latest stories. Interested in collaborations or advertising opportunities? Storefront.
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.
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.
3. WeFox Valuation Takes a Hit:
WeFox faces valuation woes amid growth challenges, impacting its once promising trajectory in insurtech. Read more.
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.
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.
Interested in Working with us?Have a look here: https://www.passionfroot.me/startupradio
Revolutionizing Data Analysis: The Journey of Scavenger.ai
In this exciting episode of Startuprad.io, host Jörn "Joe" Menninger sits down with Maximilian Hahnenkamp, the co-founder of Scavenger.ai. Max shares his remarkable journey from being a professional field hockey player in Austria to founding an innovative AI startup in Frankfurt. Scavenger.ai is making waves in the world of data analysis, offering cutting-edge AI tools that simplify complex data management for businesses.
Max discusses the company’s impressive €1.1 million pre-seed funding and their plans for a full software launch by June 2024. He also emphasizes the need to reduce bureaucratic hurdles for startups and talks about the ongoing efforts to expand their team and attract new investors.
Key Topics Discussed:
Early Beginnings: How Max’s field hockey career shaped his entrepreneurial spirit and leadership skills.
Internship Insights: The impact of Max’s internships at Deloitte and the Financial Times Challenge on his journey.
AI Challenges and Opportunities: The unique challenges in the AI and big data landscape that led to the creation of Scavenger.ai.
Technical Innovations: How Scavenger.ai’s trio of AI tools work together to provide unparalleled data insights.
Scalability and Growth: The factors that have enabled Scavenger.ai to scale effectively.
Funding and Investment: The role of early funding from HTGF and CampStorm Ventures and future investment plans.
Customer Focus: How Scavenger.ai’s flexible AI solutions cater to a diverse range of industries and customers.
International Expansion: Preparations for global expansion and the advantages of GDPR compliance.
Team Growth: The skills and qualities Scavenger.ai looks for in new hires.
Support for Startups: How local governments and innovation hubs can better support early-stage startups.
About Maximilian Hahnenkamp:
Maximilian Hahnenkamp is a 26-year-old entrepreneur from Vienna, Austria. His journey combines a background in professional sports and academia. He led Austria's youth national field hockey team and pursued studies in business law and management. Max’s innovative thinking and leadership skills culminated in the creation of Scavenger.ai, an AI startup focused on transforming data analysis for enterprises.
About Scavenger.ai:
Scavenger.ai, based in Frankfurt, aims to revolutionize data analytics through AI. With €1.1 million in pre-seed funding, the startup offers a unique solution for data analysis, featuring AI tools for data cleaning, statistical analysis, and interpretation. Their scalable infrastructure supports multiple languages and ensures GDPR compliance, catering to clients ranging from SMEs to large enterprises in various sectors.
Venture Capital Funding:
Scavenger.ai’s notable investors include HTGF and CampStorm Ventures. Interested in participating in the next funding round? Reach out to explore investment opportunities.
Tune in for an insightful conversation on innovation, entrepreneurship, and the future of AI-driven data analysis.
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Join us in this episode of Startuprad.io as we explore the dynamic world of logistics with Boris Bösch, Co-Founder and Co-CEO of Everstox. Discover how Everstox is reshaping the industry landscape through innovative technology and strategic partnerships. Boris shares insights into Everstox's journey, from its inception to its ambitious plans for expansion and Series B funding in 2025.
Delve into the intricacies of logistics management as Boris discusses Everstox's AI-driven software platform, designed to optimize batch tracking, inventory management, and returns processes. Learn how Everstox ensures high customer satisfaction across diverse international markets while navigating complex logistical challenges.
Explore the strategic importance of modular software solutions and strong partnerships with industry giants like DHL and UPS. Boris highlights Everstox's asset-light approach and its role in delivering efficient, customer-centric supply chain solutions akin to contemporary successes such as Flix and Uber.
Uncover the future of logistics and inventory management as Boris shares his insights into the role of AI and data integration. Gain valuable perspectives on international expansion strategies and the cultural approach of Everstox within diverse markets.
Whether you're a logistics enthusiast, an entrepreneur, or a curious listener, this episode offers invaluable insights into the evolving landscape of logistics and the innovative solutions driving its transformation.
Visit Everstox online to explore job opportunities and learn more about their groundbreaking solutions. Don't miss out on this enlightening discussion with a visionary leader at the helm of logistic innovation.
Find All Links and Show Notes Here:https://medium.com/startuprad-io/everstox-revolutionizing-logistics-with-ai-and-modular-software-db3e1a533284
The InterviewerThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:
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🌟 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
FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
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.
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IntroductionExplore the Future of Work with Zenjob's Innovative Temp Staffing Approach on Startuprad.io E 424
Join host Jörn "Joe" Menninger as he engages in a dynamic conversation with Frederik Fahning, the co-founder of Zenjob, on the latest episode of Startuprad.io. Delve into the world of temporary employment and witness Zenjob's transformative impact on the gig economy.
In this episode, Frederik unveils Zenjob's groundbreaking automated job matchmaking system, powered by AI technology. Discover how Zenjob connects students and flexible workers with businesses seamlessly, driving efficiency and productivity to unprecedented levels. Gain valuable insights into Zenjob's strategic decisions, including their shift towards profitability and technological advancement, as they strive to lead Europe's flexible work sector.
But Zenjob's story goes beyond business—it's a testament to resilience and adaptability. Learn how Zenjob navigated the challenges of the COVID-19 pandemic and capitalized on opportunities in sectors like retail and logistics. Frederik also shares the delightful backstory of Zenjob's name, showcasing the company's entrepreneurial spirit.
With over $100 million in fundraising and a commitment to core values like hunger, helpfulness, humility, and honesty, Zenjob is at the forefront of revolutionizing the future of work. Join us as we explore the potential of AI integration, international expansion, and potential IPO aspirations, all while maintaining a keen focus on profitability and technological innovation.
Don't miss out on this enlightening conversation that delves into the evolution of work and celebrates one of Germany's most promising staffing innovators. Tune in to Startuprad.io now and be part of the future of work revolution with Zenjob!"
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Find All Links, Show Notes, and More Information Herehttps://medium.com/startuprad-io/the-future-of-work-zenjobs-automated-approach-to-temporary-staffing-startuprad-io-e-424-23433f1fe2e9
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FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
Lower your Costs of ISO 27.001 and SOC 2 Compliance by up to 85% [with our Parnter 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 https://www.vanta.com/startupradio
🚀 Discover the Future of Infrastructure Inspection with Twinsity's AI-Driven Technology! 🛠️Welcome to Startuprad.io! In this episode, we're diving deep into the world of cutting-edge innovation with Twinsity, a startup revolutionizing infrastructure inspection using AI and drones. 🌐 Join us as we chat with Fabien Chalas, co-founder of Twinsity, who unveils their groundbreaking drone technology for inspecting aging infrastructure. 🏗️ Their software creates high-resolution 3D models and utilizes AI to detect defects like cracks and rust, ensuring safety and efficiency.
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🌟 What You'll Learn: * How Twinsity's technology is reshaping infrastructure inspection. * Their journey from a family business to a global startup. * Plans for expansion into North American and Latin American markets.
Sponsored by Hessen Trade Invest and the European Enterprise Network, this episode explores the transformative impact of Twinsity's work on infrastructure maintenance. Whether you're an investor, tech enthusiast, or curious about the future, this episode is a must-listen!
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🔍 Key Questions Discussed: * How does Twinsity's remote-first approach impact recruitment and company culture? * What are the technical challenges behind drone-based inspections? * How does AI enhance defect detection compared to traditional methods?
🌐 About the Founder: Fabien Chalas, co-founder of Twinsity, brings a wealth of experience from his background in software engineering and renewable energy infrastructure. His vision drives Twinsity's mission to revolutionize infrastructure inspection.
🚀 About Twinsity: Twinsity, founded by Fabien Chalas, leads the way in infrastructure inspection with its advanced drone technology and AI-driven defect detection. Their innovative approach ensures safety and reliability for critical assets worldwide.
Don't miss out on the future of infrastructure management! Tune in now to learn how Twinsity is transforming the industry.
💡 Find all blog posts with all the links on our blog https://medium.com/startuprad-io/twinsitys-ai-driven-approach-to-safeguarding-structural-integrity-startuprad-io-e-423-4d0af81e5ca7
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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
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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/
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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
Executive Summary In this in-depth episode of Startuprad.io, host Jörn "Joe" Menninger chats with Domenico Cipolla, CEO of Xentral, about his professional journey and the evolution of Xentral. Cipolla discusses his unique background, the importance of execution in business, and how Xentral serves SMEs with ERP solutions. He also shares insights on leadership, mistakes as learning opportunities, and the company's growth plans, including hiring for cultural fit. They touch on Cipolla's past roles and his ambitions for Xentral, underlining his belief in data-driven decisions and setting a clear vision for success.
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Introduction Welcome back to Startuprad.io, where we dive deep into the dynamic world of startups and innovation. I'm your host, Jörn "Joe" Menninger, and today we're bringing you a conversation that's well worth the extra runtime - in fact, it's double our usual length.
Joining us in this exclusive interview is Domenico Cipolla, the charismatic CEO of Xentral - an ERP powerhouse transforming the landscape for German SMEs. From his small-town roots near Kiel, with Italian heritage and a childhood immersed in the family's pizzeria, Domenico takes us on a journey through his football-playing days to the wisdom-laden halls of academia, where he attended prestigious institutions across Europe and North America.
With a candid openness, Domenico reveals the philosophy that guides his leadership at Xentral - prioritizing learning from mistakes, promoting accountability, and nurturing a culture where execution meets data-driven strategy. We uncover the nuts and bolts of Xentral's business model, tailored for the specific needs of companies handling physical products, and witness the company's objective to improve processes and achieve customer satisfaction before eyeing international expansion. Armed with a deep-rooted belief that CEOs should not only set the vision but also foster the right environment for talent to thrive, Domenico shares anecdotes from his vast experience, spanning consulting at BCG to scaling e-commerce platforms and navigating the venture capital scene. He gives us an inside look at his role and alignment with co-CEO Bina, how Xentral got back on track after a period of hyper-growth, and the ambitious plans for team expansion.
So buckle up as we explore how this leader integrates his rich background into steering Xentral towards an exciting future, how a commitment to culture and the right attitude can make all the difference in hiring, and why there's both a challenge and humor in the quest for the thousands of potential clients yet to be reached. Stay tuned for a podcast episode that's as insightful as it is rich with humor and humanity - this is Startuprad.io.
All Links and Show Notes Here is our blog post: https://medium.com/startuprad-io/inside-xentral-unveiling-startup-success-with-sequoia-and-tiger-global-5fc44b944ff7
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Executive Summary In this episode of Startuprad.io, host Jörn "Joe" Menninger and guest Thomas Kösters of DEEP Ecosystems explore the rise of spinoff companies, mainly from academic institutions. They discuss the significant impact of public investment in high-tech and hardware sectors, the challenges of tech transfer, and the role of entities like the EIC accelerator in supporting European spinoffs. The episode also covers the funding landscape, the "valley of death" for deep tech startups, and examples of successful spinoffs like BioNTech, underscoring the importance of building effective university knowledge transfer offices to commercialize research.
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Introduction Welcome back to another compelling episode of Startuprad.io, the podcast dedicated to unraveling the dynamic world of startups and their ecosystems. I'm your host, Jörn "Joe" Menninger, and today we're diving deep into the universe of academic spin-offs and their increasingly pivotal role in pushing the boundaries of innovation and technology. In this episode titled "Deep Ecosystem Spinoffs," we're thrilled to have an expert in the field, Thomas Kösters, MD at DEEP Ecosystems, to shed light on the fascinating surge of spinoff funding and the evolution of public investments towards high-tech and hardware opportunities. We'll explore why entities like NVIDIA in the U.S. and ASML in the Netherlands are spearheading growth and how centers such as the EIC accelerator are revolutionizing entrepreneurship in Europe. With startup ecosystems like "Startup Radio Factories" rising in Germany and other European nations, Thomas unpacks the mechanisms of financial support, intellectual property management, and the crucial role of tech transfer offices. We'll discuss the implications of universities owning the IP and how European cities strive for equitable funding opportunities. Join us as we delve into the stark realities of the "valley of death" for deep tech startups, the magnitude of academic spin-offs in HealthTech, and the strategies setting precedents for commercial success. We'll also touch on recent challenges that Switzerland and the UK face in Horizon funding and the strategic efforts in cities like Paris and Munich to lead in research funding. This episode covers the breadth of European innovation, from the spotlight on Cambridge as an exemplary model to the discussion of tech transfer offices like Cambridge Enterprise. And finally, a closer look at the journey from research to market, the culture clash with venture capital, and alternative pathways to traditional spin-off approaches.
Links and show notes here: https://medium.com/startuprad-io/rise-of-deep-tech-and-health-tech-startups-in-europe-66d3ab4f0e61
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SummaryLooking to build a lean startup and expand into new markets? Join us as we discuss the best strategies for attracting German and Austrian investors and establishing a successful startup in Berlin and Hamburg. Stay updated on the latest startup news and learn from other successful entrepreneurs in the field. Don't miss out on this valuable insight!
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Questions Discussed in the Interview* In what ways does keeping a lean balance sheet and avoiding inventory give Fleet a competitive advantage in the market? * Given that Fleet has managed to exceed 10 million euros in annual revenue, what strategies would Alexandre consider for maintaining and accelerating this growth? * What lessons did Alexandre take from his time at Rocket Internet that he has applied to his approach to international expansion with Fleet? * Alexandre emphasizes the importance of team building. What qualities does he look for in a leader for entering a new market, such as Germany? * Could Alexandre share some insight into the process and criteria he uses when evaluating startups and founders for potential angel investments? * What are Alexandre's long-term visions for Fleet, and how does he foresee the company evolving in the next few years, especially regarding its expansion into the German market?
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The Founder
In this enlightening episode of Startuprad.io, we have the pleasure of engaging with Alexandre, a seasoned entrepreneur with a diverse and impressive background. Alexandre's journey has taken him across the globe, from obtaining his master's in Paris to enriching his education at Technologico de Monterrey in Mexico, and even spending time in Australia. His international experience has not only fostered a passion for travel and a taste for spicy Mexican cuisine but has also given him a broad perspective on business and culture. Before founding Fleet.co, Alexandre honed his skills in the world of private equity and further sharpened his entrepreneurial instincts at Rocket Internet, one of the world's largest internet incubators. The episode delves into Alexandre's narrative, underpinning his approach to building and scaling businesses. His fondness for new experiences, highlighted by his Australian adventures and the willingness to try local delicacies like Marmite, demonstrates the same curiosity and openness that fuel his professional endeavors. Alexandre's path isn't just a tapestry of global adventures; it's also a testament to his strong investment in the local startup ecosystem. By actively participating as an angel investor, he continually supports and uplifts emerging businesses. With such a rich tapestry of experiences and a clear passion for entrepreneurship, Alexandre brings a wealth of knowledge and insights to the Startuprad.io audience.
All Links and Show Notes Here is our Blog Post:https://medium.com/startuprad-io/building-a-lean-startup-and-entering-new-markets-fleet-co-startuprad-io-e-414-fc0144c93ce5
Interested in Working with us?Have a look here: https://www.passionfroot.me/startupradio
Executive SummaryIn this episode, Joe interviews Andrea Tüttenberg, a female founder and professor at the University Clinic of Mainz. Andrea is the co-founder of Actitrex, a biotech startup focusing on immune cell therapy. She explains the journey from being a doctor and researcher to founding a company that develops treatments to minimize or avoid severe immune responses in patients undergoing stem cell transplantation and beyond. Andrea discusses the potential impact of their therapy, their need for funding, and the importance of talent acquisition. She also shares personal insights including the influence of her children and her dual roles as a doctor and entrepreneur.
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The FounderAndrea is a remarkable female founder and entrepreneur in the biotech industry. Andrea is the co-founder of ActiTrexx, a biotech startup focused on developing treatments for severe immune responses and immune-mediated diseases. With a background in medicine, Andrea has a strong foundation in clinical research and experience as a doctor, a professor at the University Clinic of Mainz, and a recipient of prestigious awards in the field of research and academia. Her journey from medical doctor to researcher and now entrepreneur is a testament to her passion for pushing the boundaries of medical science to create impactful treatments for patients in need.
The StartupAndrea Tüttenberg is the co-founder of Actitrex, a pioneering biotech startup focused on developing a novel cell therapy to treat severe immune responses in patients undergoing stem cell transplantation for conditions such as leukemia. Actitrex is waiting for the first patient for its clinical trials. As the company gears up for the next stage of development, Actitrex is actively seeking series B funding to support its expansion and the advancement of its groundbreaking therapy.
Find all links and show notes on our blog post: https://medium.com/startuprad-io/from-doctor-to-entrepreneur-shaping-the-future-of-stem-cell-transplants-54d02049dfd3
FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
Executive Summary In this episode of Startuprad.io, host Jörn "Joe" Menninger interviews Martin Cudzilo, founder of ARCheck, discussing the challenges in the cleaning industry and the development of augmented reality technology. Cudzilo shares his entrepreneurial journey, the potential for AR and AI to revolutionize cleaning, and the impact of ARCheck on efficiency and cleaner support. They delve into the challenges of managing sick leave, the early development of ARCheck, and the upcoming launch of the minimum viable product. The episode provides insights into the transformation of the cleaning industry and the powerful potential of augmented reality technology.
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Follow Us on Social Media! If you are listening to our content for the 2nd time please consider following us on social media. https://linktr.ee/startupradio
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/
Find all blog posts with all the links on our blog https://medium.com/startuprad-io/from-cleaning-company-to-tech-startup-ar-transforming-the-industry-startuprad-io-e-412-afcada77e0fa
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The Founder In this episode of Startuprad.io, Jörn "Joe" Menninger welcomes Martin Cudzilo as the esteemed guest. Martin, with over 25 years of experience in the cleaning industry, has a deep understanding of the challenges faced in this sector. His entrepreneurial journey began with the establishment of his own cleaning company, where he recognized the need for innovative solutions to enhance the efficiency and effectiveness of cleaning operations.
The Startup AR-Check, the innovative startup founded by Martin Cudzilo, has emerged as a game-changer in the cleaning industry. The company has completed two rounds of fundraising and is currently open to new investors for its third funding round. AR-Check's groundbreaking and disruptive project aims to revolutionize the market by integrating augmented reality (AR) technology with cleaning processes, providing real-time guidance and quality checks for cleaners.
Venture Capital Funding AR-Check is currently in the process of raising its Series A funding. You can reach out to Martin via LinkedIn, or leave it to us to make an introduction.
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:
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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
FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
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
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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
FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
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 Borrtex04Happy Holidays published under Creative Commons License
FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
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:
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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
FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
Executive SummaryIn this episode of Startuprad.io, host Jörn "Joe" Menninger and guest Thomas Kösters, MD at DEEP Ecosystems, discuss the potential of Central and Eastern Europe (CEE) as a hidden gem for AI startups. They highlight the region's strong economic leaders and growing AI scene in cities like Warsaw, Bucharest, and Prague. While CEE is not heavily represented in AI startup locations, it shows promise in reaching the top 15 European rankings for AI startup investments. They also delve into AI investments and trends in Europe, including machine learning, big data, and natural language processing. The episode ends with a call for listener suggestions for future topics of analysis.
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Questions Discussed in the Interview* What factors contribute to the success of AI startups in cities like Bucharest, Budapest, Warsaw, and Tallinn in Central Eastern Europe? * How do economic leaders like Poland, Bucharest, and Prague drive the growth of startup and AI scenes in Central and Eastern Europe? * What are the main challenges for Central and Eastern European AI startups when it comes to attracting investment and building successful ecosystems? * How do multinational teams and collaboration across borders contribute to the success of startups in Central and Eastern Europe? * What are the key trends in AI investments in Europe, and how do they compare to global trends in AI investment? * What opportunities and obstacles do AI startups face when expanding or near-shoring their teams to countries like Croatia, Serbia, Greece, and Poland? * Why is Berlin rated as the top destination for starting an AI company, and how does it compare to other popular locations like London? * Given the potential of Central and Eastern Europe as a growing hub for AI startups, what strategies can be employed to further develop and promote the region's AI ecosystem? * ...
About the Pulse of the European Startup EcosystemThe European startup scene is changing fast. There are new players, old ones fading away, and even more to come in their place- all vying for a piece of this growing pie! To avoid getting left behind, you need regular updates on what's going on so that our entrepreneurs can stay one step ahead when building or investing in companies here: https://deepecosystems.com/
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FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!! https://forms.gle/mLV6mVKwGwKuut8BA
All Links and Show Notes Here is our blog post:https://medium.com/startuprad-io/the-cee-ai-scene-exploring-investment-growth-and-key-entrepreneurial-hubs-16245f4403ae
Executive Summary In this episode of Startuprad.io, we delve into the world of AI and computer vision with our guest Simone Trevisan, a computer vision expert and project manager at Blue Tensor. Simone shares insights into the innovative computer vision platform, Iris, designed for small and medium-sized industries to harness AI without the need for coding expertise. He also discusses Blue Tensor's collaboration with Huawei to deploy their platform on both on-premise and cloud servers. Join us as we explore the intersection of AI, industry, and digital transformation in this engaging discussion on the German startup scene.
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Questions Discussed in the Interview What unique challenges do small and medium-sized industries face when it comes to adopting AI and digitalization, as discussed in the episode?
How does Blue Tensor's Iris platform enable small and medium-sized industries to use AI without the need for coding or computer vision expertise?
What advantages and challenges did Simone Trevisan from Blue Tensor highlight in using Huawei's servers and cloud computing resources for prototyping and deploying new models for computer vision technologies?
How does Blue Tensor's collaboration with a biotech company illustrate the practical applications of their computer vision platform for high-quality assurance in the industry?
In what ways does the collaboration between Blue Tensor and Huawei address the resource limitations, and machine failures, and enhance data storage and backup capabilities for deploying the Iris platform?
What were the key insights and takeaways from the discussion about the reluctance of SMEs to move from on-premise solutions to the cloud and the need for education about the benefits of digitalization?
How does Simone Trevisan's professional journey from studying telecommunication engineering to working with Blue Tensor highlight the evolution of the industry towards developing AI solutions tailored for industry applications?
What are the implications of Blue Tensor's shift from a consulting approach to a product-based business approach, with a focus on developing AI platforms for industry applications?
How does the discussion about the Huawei Connect event shed light on the role of cloud computing, digital transformation, and the need for digitalization in small and medium-sized industries in Germany and Italy?
What insights does Blue Tensor's experience at the Huawei Connect event provide about the opportunities and challenges in leveraging AI solutions for the industry in the European startup scene?
All Links and Show Notes Here is our blog post: https://medium.com/startuprad-io/ai-expert-talks-no-code-computer-vision-startuprad-io-e-406-69b2e76cfe84
Topics Discussed in this Interview #ai #ki #computervision #healthcare #startup #medtech #implant #engineering #nocode #nocodetools #nocodeai #sme #industry #industrial #huawei #huaweicloud #cloud #cloudcomputing #defects #quality #qualitycontrol #aitraining #data #bigdata #robotics #biotechnology #digitaltransformation #education #productbase
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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:
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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
Mentioned in this...
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SummaryWelcome to Startuprad.io, your go-to podcast and YouTube blog for all things related to the German startup scene. In today's episode, we have a special treat for you as our host, Jörn "Joe" Menninger, takes the mic solo to share his insights from a recent visit to Huawei Connect in Paris. Unfortunately, the planned interview with an AI startup from this event had to be rescheduled, but Joe is excited to give you a behind-the-scenes look at the event and highlight some of Huawei's initiatives in green and digital transformation. Tune in as Joe shares interesting stories about salmon conservation, wildfire protection, and innovative energy generation. He also talks about the importance of digital transformation in achieving sustainable solutions. Plus, stay tuned for a sneak peek of the upcoming interview with an Italian AI startup. Don't forget to reach out to Joe with your suggestions for future guests and topics. So sit back, relax, and let's dive into this solo episode of Startuprad.io.
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 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/
Questions Discussed1. What were some of the main focal points discussed at the Huawei Connect event?
How does Huawei support SMEs in Germany with their digital transformation?
What are some interesting projects or stories that were shared at the event?
How does Huawei combine renewable energy sources to ensure a smooth energy delivery?
Why is the digital transformation important for achieving a green transformation?
What tools and solutions does Huawei offer for small companies and home offices?
How did Huawei use AI to generate an automatic avatar and translate languages?
What is Huawei's focus in Europe and why is it an important market for them?
What is the Huawei eKit tool and how can companies benefit from it?
How can listeners suggest interview guests or topics for future episodes of the podcast?
FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! https://forms.gle/mLV6mVKwGwKuut8BA
All Links and Show Noteshttps://medium.com/startuprad-io/my-huawei-connect-experience-navigating-the-intersection-of-green-and-digital-transformation-8a2e59102670
“I built the tech behind it to make it work, and, we got quite some revenue through through that, and, yeah, it was one of my first businesses that I really incorporated where it really went to the notary, Form the legal entity and all these things.” — Mario Hachemer
Executive SummaryIn this episode of Startuprad.io, we are joined by the newest co-host, Mario Hachemer, who brings a wealth of experience in technology and entrepreneurship to the table. Mario’s journey has been nothing short of fascinating, from the rise and fall of his subscription box business to his role as CTO of FastBill and later for unicorn FreshBooks in Germany, eventually leading to his exploration of the world of AI as a freelance consultant and mentor. Mario’s insights into deep tech and AI’s impact on businesses and society are both thought-provoking and enlightening. Moreover, the hosts share a passion for science fiction and discuss the works of literary giants such as Ian Banks and Terry Pratchett. They also delve into Mario’s love for spicy food and his experiences in various countries. Join us as we delve deep into the world of tech, AI, entrepreneurship, and a touch of spicy cuisine with our new co-host, Mario Hachemer.
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The Entrepreneurial Spirit: “I had trouble finding like-minded people. I studied my 1st university was in Koblenz, and it just there wasn’t that much of an entrepreneurial spirit.” — Mario Hachemer
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The New Co-HostMario Hachemer, (https://www.linkedin.com/in/mahachemer/) the co-host of Startuprad.io's Deep Tech Track, was involved in the successful startup Fast Bill. During his time with Fast Bill, the company raised significant venture capital, allowing them to develop innovative technology stacks and rapidly expand their operations. The company's success eventually led to its acquisition by FreshBooks, a major player in the accounting and invoicing software industry. Fast Bill's ability to attract venture capital and subsequent successful integration into FreshBooks showcase their achievements and position them as a standout player in the technology and startup landscape. Fast Bill set itself apart from its competition through its ability to not only raise venture capital but also develop and implement groundbreaking technology stacks.
Learn more about Mario or reach out to him:https://twitter.com/MarioHachemer https://www.meetup.com/de-DE/grunderstammtisch-founders-table-frankfurtrheinmain/ https://www.linkedin.com/in/mahachemer/ mario@startuprad.io
All Links and Show Notes Here is our blog post: https://medium.com/startuprad-io/from-unicorn-cto-to-co-hosting-startuprad-ios-deep-tech-track-startuprad-io-e-402-073c63686fc4
Mentioned in this episode:
Startupraven.com
Startupraven.comThe best way to identify...
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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...
Executive Summary
In today's episode, we have a very special guest joining us, Christian Rebernik, CEO & Co-Founder of Tomorrow University. We'll dive into Christian's journey, from his early days as a CTO of companies like Scout24 Group, dating Website Parship, World Food Program, bwin, or N26 to his current role in shaping the next generation of banking and now building a next-generation university. We'll explore how he's bridging the gap between technology and education, revolutionizing the way we learn and empowering future change-makers. Stay tuned for an engaging and enlightening conversation on the innovation landscape, the role of online learning, and the power of meaningful connections in business and personal relationships. Let's get started!
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This 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
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The Founder
Christian is the CEO and Co-Founder of Tomorrow University. He is a CTO with a strong technical background, but his key strength lies in his ability to understand and leverage technology for business growth. Christian believes that it is crucial for developers to have a clear understanding of the customer's needs and the reasons behind the work they do. In his past experiences, he noticed the negative impact of treating developers as mere "coding monkeys" without involving them in customer interactions. This motivated him to establish Tomorrow University, where developers are encouraged to engage with customers and align their work with business objectives. Christian's mission is to bridge the gap between business and technology, empowering developers to make a meaningful impact through their work.
The Startup
What sets Tomorrow University (https://www.tomorrow.university/) apart from its competition is its unique approach to learning. They have developed a cutting-edge learning model that emphasizes real-world challenges and hands-on experiences, taking students out of their comfort zones.
All Links and Show Notes Here is our blog post: https://medium.com/startuprad-io/from-cto-of-n26-to-founding-a-non-profit-online-university-startuprad-io-0e68274207aa
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Executive Summary
Welcome to Startuprad.io, the podcast that brings you the latest insights and stories from the world of startups. In today's episode, we have a special guest, Christian Noske, a Partner at NGP Capital in Berlin. Christian joins our host, Jörn "Joe" Menninger, to discuss their recent research on the startup ecosystem in the DACH region, which encompasses Germany, Austria, and Switzerland. They delve into the findings of NGP Capital's analysis, which explores the impact of COVID-19 on venture funding in the region and highlights some surprising facts about the different countries. Tune in to discover why Switzerland has emerged as a strong force in the startup scene, how Germany's diverse ecosystem mitigated the decline in funding, and the reasons behind France's larger drop in startup funding. If you want to uncover the hidden gems and thriving startups beyond the well-known hubs, this episode is a must-listen. Stay tuned for an in-depth conversation on the startup landscape in the DACH region with Christian Noske of NGP Capital.
Find all blog posts with all the links on our blog https://medium.com/startuprad-io/from-berlin-to-zurich-ngp-capitals-research-on-vc-funding-in-the-dach-region-startuprad-io-36553faace33
The Investor
Christian is a Partner at NGP Capital in Berlin. In a recent study, Christian and his team examined the post-COVID landscape in their core region, which includes Switzerland, Austria, and Germany. They found that each region had its own unique characteristics. Germany, being the largest country, was not surprising in terms of its size and activity in various sectors. However, Switzerland was a pleasant surprise, as, despite its smaller size, it had managed to build a thriving ecosystem and was demonstrating significant growth in venture funding, new creation, and deep tech software. The findings were quite astonishing and revealed the diverse and dynamic nature of the region's entrepreneurial and innovation landscape.
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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
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Startupraven.comThe 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/privacyFeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!!https://forms.gle/mLV6mVKwGwKuut8BA
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 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 Entrepreneurs). The highest value since 1999 when the monitoring started.
Immigrants are especially willing to start new businesses. The founder quota of immigrants in Germany is 20% compared to 1,7% of non-immigrants.
The founder quota of women (7,1%) is overall lower than the one for men (11%).
SAP Invests in AI StartupsWe have shared before that German software giant SAP is rumored to be interested in investing in Aleph Alpha, now they confirmed the investment in three AI startups https://buff.ly/45OC6Nb This is quite a new strategy for SAP, in the past, they wrote their own code. Now they intend to work with partnerships
Find all options to follow us and subscribe here: https://linktr.ee/startupradio
Chapters:00:00:00 Introducing Startup Red Dot IO, your go-to for German tech
00:00:18 Introduction and Recap of Summer News
00:02:53 Highlights: NEN's Cryptocurrency Platform, Bit Panda Milestone, NextWind Funding
00:03:18 Exploring the challenges and success stories of German entrepreneurs
00:13:38 Vertical farming struggles with profitability and high energy costs
00:16:35 Challenges faced by Swiss fintech funding and German cannabis startups
00:19:07 Germans Finance of us halt VC investment for small investors
00:21:46 Highlights from the startup scene in Germany, Austria, and Switzerland
00:24:25 General news: VC funds and investments in GSA startups
00:27:20 Fintech market updates and Auxmoney's takeover
00:29:09 Discussion on creative destruction and insolvency opportunities
This podcast uses the following third-party services for analysis:
Podder - https://www.podderapp.com/privacy-policy
Chartable - https://chartable.com/privacy
Like what you hear? You can tip us here: https://startupradio.captivate.fm/support
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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.
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Executive SummaryIn this episode of Startuprad.io, host Joe Menninger interviews Max Koziolek, co-founder of Spectrm. They discuss the importance of making strategic decisions and pivoting in business, sharing insights from Spectrm's journey. They explore the challenges of seed-stage investments, the benefits of messaging apps for brands, and the impact of AI technology in their industry. Max shares his experiences in politics and media, highlighting the need for quality content distribution. The episode also delves into Spectrm's successful pivot to targeting brands and their impressive growth from pre-seed to series B, acquiring as pivoted startup clients like Zalando, UberEats, Premier Leauge, HelloFresh, Deichman, Breitling or Ford.
The FounderMax, the guest on this episode of Startuprad.io, is a co-founder of Spectrm, a company that leverages AI-powered messaging to help brands connect with their customers more effectively. With a background in law and politics, Fabian brings a unique perspective to the startup world. He shares his experience of campaigning for public office, competing against Frank Walter Steinmeier. At the time the reigning foreign minister of Germany, now Germany’s president. He also shares his story of pivoting his company and the challenges they faced in finding their niche in the market, that was large enough to survive and how to communicate this to their investors. Fabian's determination and strategic thinking allowed Spectrm to not only survive but thrive, securing partnerships with major publishers and leading brands. His passion for AI technology and its potential for the future is evident in his vision for Spectrm's continued growth and success.
The StartupSpectrm (https://spectrm.io/), is a Potsdam - Berlin Area-based startup, co-founded by Max Koziolek. It has made significant strides in the field of AI-powered messaging for brands. The company has successfully raised multiple rounds of funding, starting from a pre-seed stage all the way to a series B round. This demonstrates the confidence investors have in Spectrm's innovative approach and their potential for growth.
What sets Spectrm apart is not only their ability to help brands effectively engage, but also to pivot. They started out as a tool for sharing great journalism and realized that their market was not big enough. We take the journey with them to evaluate new options, and communicate the pivot to their investors and how to get them to agree.
Max also shares his experience with their customers by leveraging messaging apps like WhatsApp, Messenger, and more. With a specific focus on solving the problem of reaching audiences, Spectrm's platform enables brands to have meaningful conversations with their customers, ultimately driving conversions and revenue. Their impressive client portfolio includes renowned publishers such as CNN, Financial Times, and Business Insider, highlighting the trust and confidence their...
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Management Summary In this episode, our guest is Fabian Peltzl, co-founder of KNOWRON. He is here to discuss the importance of augmenting blue-collar workers in the software industry, which is primarily focused on white-collar workers. KNOWRON aims to bridge this gap by providing generative AI technology to assist service organizations and technicians. They emphasize the underdeveloped software space for blue-collar workers and highlight the potential market size including large industries like logistics, machine building, engineering, and services. The team shares their experiences working with European languages and their plans for expansion. They also discuss the transformative power of NLP advancements and their mission to revolutionize enterprise search and customer support and what the co-founders learned during their studies at Stanford and MIT.
Key Topics Covered- The need for augmenting blue-collar workers in the software industry
Underdeveloped software space for blue-collar workers compared to white-collar workers
Potential market size with 80% of the global population being blue-collar
Current focus on scaling and product development
Targeting service organizations and encouraging them to reach out
Use of transformers systems in the background
Sales technicians' problems with limited access to information and inadequate documentation
Advantage of having knowledge of AI systems
Importance of data collection for AI systems
Focus on mechanical data and document processing
Satisfaction with starting work before technology transformation
Speaker's background in studying NLP networks and transformers at Stanford
Work experience with manufacturing companies in supporting the blue-collar workforce
Working with manufacturing companies, particularly in mechanical engineering and semiconductors
Reference client ASMPT and their decision to sell the company's product to their own customers
Mission to support collaboration across industries
Belief in the potential of AI to revolutionize enterprise search and customer support
Personal assistant to help with simple questions and guide users through tasks
Focus on doing things differently than traditional startup advice
Targeting hidden champions - manufacturers with global service operations
Importance of multilingual capabilities for international success
The FounderFabian is one of the co-founders of KNOWRON, a revolutionary company in the software industry. With a passion for supporting blue-collar workers in the manufacturing sector, Fabian has embarked on a mission to bridge the gap between white-collar and blue-collar software solutions. Drawing upon his experience working for manufacturing companies like KUKA and Ostrom, Fabian has a deep understanding of the challenges faced by service organizations and technicians in accessing and documenting crucial information. His dedication to improving collaboration across industries has propelled KNOWRON to international success, and his multilingual capabilities have played a vital role in expanding the company's reach to global service operations. As a member of an international team, Fabian's diverse background and expertise contribute to the ongoing development of KNOWRON's cutting-edge product.
The StartupKNOWRON (https://www.knowron.com/) is a groundbreaking startup that is pioneering the utilization of generative AI and NLP technologies to support the blue-collar workforce in the software industry. With a focus on sectors such as manufacturing...
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:
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This podcast uses the following third-party services for analysis:
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Chartable - https://chartable.com/privacy
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...
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 Medical
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With SYNPULSE8 we are now building a product for the global insurance market.
Lukas Naab, Founder Minds Medical
Our 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.
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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 Medical
The 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 space. The problem these insurers are facing is the sheer amount of unstructured medical data they get bombarded with to make a simple medical decision.
SYNPULSE8 helps to structure this data and make it conveniently available for the insurance underwriters, who have to make the decision to insure the applicant or not.
July 2019 InterviewYou can find the interview here: https://www.youtube.com/watch?v=8tAEqR6OKT0
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FeedbackWe are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! You can also suggest topics or interview partners that you’d like featured on future episodes by leaving a comment below — we would love to hear from YOU!!!
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The InterviewerThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:
Keep Up to DateHere is our publication calendar: https://calendar.google.com/calendar/embed?src=012i27ak525qi3smgjl8v9tbio%40group.calendar.google.com&ctz=Europe%2FBerlin
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/ai-structuring-data-from-unstructured-medical-documents-minds-medical-e-384-b05d2ebd43a8
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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 NotesHere is our blog post: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-april-2023-episode-380-88b68d4bd32d
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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 QuantIP
The 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 QuantIP
The 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 QuantIP
Exclusive 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
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Startupraven.com
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Podder - https://www.podderapp.com/privacy-policy
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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
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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
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Top NewsGood News and Bad News at RaisinThe rising interest rates are good for deposit broker Raisin. They were driving an increase in business and helped them to get a unicorn valuation with their most recent fundraising. It seems they even got a bit overwhelmed by the new business. Let’s have a look at the news:
We reported about Raisin’s (then) ongoing fundraising and that they are about to get their unicorn horn back. This is now confirmed: Deposit broker, fintech Raisin, raises 60 m Euros in VC funding, reclaiming its formerly lost unicorn status
The bad news: It seems complaints are piling up so that BaFin takes notice
N26 Good News and Bad News — As wellIn February 2022, six high-ranking managers of N26 wrote an email warning the founders the company was turning dysfunctional. This became news about a year later when the Chief Risk Officer stepped down. Most of the managers backing the email left already.
First: N26’s top executives warned co-founders over ‘dysfunctional’ leadership
Second: Thomas Grosse, our guest from the past, became Chief Risk Officer and reportedly sent the email to the N26 founders. This month he stepped down: Thomas Grosse steps down for personal reasons, reports Börsenzeitung. Note also that his position was required by BaFin, to get N26 out of regulatory troubles.
Third: Some Good News: N26 increases revenues due to rising interest rates. They are looking at 200 mn € income for 2022 (+67%)
Neobank Ruuky Saved Last MinuteFirst, we told you: Bad news for Hamburg-based neobank Ruuky first had to file for insolvency. Now the service will be terminated
We shared that the insolvent neobank Ruuky was supposed to be liquidated. Now it appears they have found a buyer
Millions or just a BBQ?Germany’s largest credit bureau bought German startup Bonify SCHUFA, for 20 m €, and the employees only go to a BBQ. The problem was the company did a down round, and with the liquidation preferences (meaning who gets paid first) there was nothing left for the employees with stock option plans.
GoStudent gets Legal HeadwindsGoStudent gets another court ruling against them. First, a Cologne court agreed GoStudent showed anti-competitive behavior. Now they get a setback with an Austrian ruling against them for automated contract extensions.
Related: Austrian unicorn Gostudent partially sentenced by Cologne Regional Court in a competition dispute.
Goldman Sach’s Backed Startup has to FightWe had them as a guest in 2017, and they made headlines as Germany’s first startup investment by Goldman. Now they have to fight: Fintech Elinvar loses a third reference customer. MM Warburg ends the cooperation after five years. They also lost since September Fürstlich Castellsche Bank and DKB.
Bavarian Airlines Crashed Before First Flight?We have shared reports of an upcoming new airline called Bavarian Airlines — Now, questions arise. For example, the founder claimed to be 18 but is only 15 years old. The required paperwork to establish German companies has yet to be filed. The (not so long past) of the founder is littered with websites of financial services companies that are offline now. … It seems nothing of the story was true. Also, a complaint with the legal authorities has been filed.
Unicorn Grover Preparing for an IPO?Grover, the unicorn gadget renting company, lures the experienced CFO away from Lilium. Such a move could be a first step towards an IPO a few years down the road
Links, Show Notes and Source Linkshttps://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-march-2023-81bb4a4956fa
Mentioned in this episode:
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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.
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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 to pitch in our show notes on our medium blog.
Hiring!You can learn more about the investor, that is still hiring (link on our blog).
Find all links, show notes, and the email to pitch them on our medium blog here: https://medium.com/@startuprad_io/meet-one-of-the-investors-investing-300-m-for-europes-green-deal-to-become-reality-b6b0fa27a01
Topics Discussed in this Interview
Mentioned in this episode:
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Find Us on Newsly
Newsly 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: https://newsly.me and use the coupon code "STARTUPRAD" to get a one-month free premium subscription.
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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
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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 Billions in the BioTech HubYou may remember that we told you the story of Mainz? A lovely city with a normal annual budget of 100 million Euros, the capital of one of Germany’s states. Since they are also the headquarters of BioNTech they got flooded with tax revenues as soon as the corona vaccine was rolled out. They showed more than 1 bn € profit as a city in 2021 alone and they want to invest the money to become a world-class biotech hub. Now the company they want to use to drive this initiative is operational: biomindz | Newly established company to promote Mainz as hub for life science and biotechnology now operational and supporting the city of Mainz.
Here is the interview with the person in charge of the BioTech Hub:
The City of Mainz Just Started on Its Way to Becoming a World-Class BioTech Hub
N26 Bux(ed) Out?According to a press report, N26 was in discussions to acquire Dutch broker Bux, but backed out shortly before the deal was closed. The price tag is also reported as around 100 m €, but N26 feared too much complexity with the deal and the post-merger integration.
Raisin Get It’s Horn BackNot everybody is suffering from higher interest rates. The deposit broker fintech Raisin is in the process of raising 50 m € venture capital at a 1,5 bn € valuation reports Boersenzeitung. We talked about them losing narrowly their unicorn status in our news before, but apparently, they are on their way back to reclaim it.
We had Raisin in an interview before many people outside of Germany knew they existed. Have a listen at our interview form 2017 here (https://buff.ly/3IrLDQc)
Find all Links and Show Notes on our Medium Blog: https://medium.com/@startuprad_io/this-month-in-german-swiss-and-austrian-gsa-startups-february-2023-7f8c6b9920bc
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Find Us on Newsly
Newsly 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: https://newsly.me and use the coupon code "STARTUPRAD" to get a one-month free premium subscription.
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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.supply
The 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.
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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
Mentioned in this episode:
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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!
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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
Mentioned in this episode:
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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
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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 year ends. Now it was the Republic’s turn: Berlin-based neobroker unicorn Trade Republic triples revenue and losses
Sono Motors gets more runwayemobility startup Sono Motors gets additional 1,4 million Euros from EU Horizont Program reports Der Spiegel
Blog Post with Show Notes and Linkshttps://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-january-2023-555a513fdd6c
Mentioned in this episode:
Startupraven.com
Startupraven.comThe 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
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Welcome to This Month in German, Swiss, and Austrian (GSA) Startups, our startup news wrap-up for December 2022 by Startuprad.io with Chris from New York City and Joe from Frankfurt. We recorded this news episode on December 19th, 2022. Keep in mind, this news episode covers everything since our last news episode.
As always: All news not yet included here will be published in our next news episode, which will be January 2023, the first news for 2023. Guys, another year is over! Find all links to the quoted news on our Medium blog, link below
Our Highlights:Enpal makes huge fundraising in the current environment, more than 800 mn €. Sennder doubles its valuation in the next funding round to 2 bn US$ and has already 60 mn commitments. The funding environment may be bleak, but investors announced new funds for VC and PE investments worth 3.1 bn US$ targeting startups and scaleups in GSA or Europe. One blog asks if the time of Rocket Internet is over, Matter Labs raises 200 mn, a big heist drives a startup into insolvency and Getir buys Gorillas for 1,2 bn US$, a far cry from Gorillas' former 3 bn US$ valuation.
Let's talk startups:
Top News Enpal FundraisingEnpal could double its valuation in the new funding round. Berlin-based unicorn Enpal closes €855 million in debt funding to accelerate the adoption of solar energy.
Sennder Raises New Funds At Double ValuationDigital forwarder unicorn Sennder is raising new money, at a 2 bn US$ valuation. According to the report, they already have 60m commitments.
Fundraising For VCs Went Quite Well - More Than 3.1 bn Euros Worth of New Investment Funds Have Been ClosedThe largest is EQT Ventures. It has Money if your startup needs it: EQT Ventures III closes Europe's largest venture capital fund committed to early-stage tech startups. The money will go to early-stage startups in Europe and North America. For more funds, wait for our later section with new fund announcements.
A service for our audience: Learn more and send in pitches here: https://eqtgroup.com/current-portfolio/funds/eqt-ventures-iii
Has Rocket Internet Already Seen Its Best Years?"Mucho trouble over at Rocket Internet," wrote Robin Wauters in his readworthy newsletter for Tech.eu. The article asks if their era is over. Staff cuts and investment stop point in that direction.
Startup Brand RankingJung von Matt publishes their annual GERMAN STARTUP BRAND RANKING
Some of the top 50 startup brands are known from our news: About You, Flink, Numa Group, getquin, Vivid, Flaschenpost, Tier Mobility, Zolar, Enpal, Sono Motors, Trade Republic
Matter Labs raises 200 mn US$Matter Labs, the Berlin, Germany-based developer of zkSync, a solution that reduces the cost of Ethereum transactions, raised $200M in Series C funding https://buff.ly/3UorChp
Not Oceans Eleven, But Still BIGBerlin-based luxury watch marketplace Watchmaster was one of the largest marketplaces of its kind. After a spectacular robbery where 10 m € worth of watches have been stolen the company has to file for insolvency https://buff.ly/3Fi3qsG
Getir Buys Gorillas And It Is Not Going Well For the Gorillas FounderFirst, this kind of news appeared: Getir will take over Gorillas soon - according to press reports. The negotiations have been dragging on for some time now.
Then, we got the confirmation: Getir acquires German competitor Gorillas in $1.2 billion deal - where Gorillas was once valued at 3 bn US$
Housekeeping & Time to Brag We will be back in the new year 2023 with the first new episode towards the end of January, as far as we can tell right now. Our schedule got a bit screwed up. Sorry!
Joe got featured on TopTierStartups.com: Want To Know About German-Language Startups? Joe Menninger Is Your Guy | https://buff.ly/3gJtbZB
Oh, one more thing: We got our wrap-up from Spotify and it turns out that we are in the global top 5% of most shared podcasts on Spotify. Thank you audience!
News Links and Show Notes on our Medium Blog:https://medium.com/@startuprad_io/this-month-in-german-swiss-and-austrian-gsa-startups-december-2022-wrap-up-3dbea94ff37
Mentioned in this episode:
Younium is the Subscription Management Hub for B2B SaaS Companies
Younium is the Subscription Management Hub for B2B SaaS Companies. Whether you’re looking to expand to new markets, experimenting with pricing models, or simply want a streamlined quote to cash process - Younium got your back. On top of that, Younium Insights provides the SaaS metrics you need for reporting to the board and for future company valuation. It gives you the key figures needed to drive your business forward and take strategic decisions. Learn more here https://www.younium.com/
Startupraven.com
Startupraven.comThe 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
Executive Summary9am.works is a startup platform explicitly designed for freelancers. Founded by Marc, a serial entrepreneur formerly with Team Europe Ventures and the founder of Sommelier Prive, Huus, code control, and 9am.works. The platform makes it easy for freelancers to find jobs, invoice clients, and get paid quickly and securely — most for free! It also helps companies work with freelancers, from searching and hiring to payment processing. Bootstrapped since its launch in 2016, 9am.works is transforming how freelance work is being done.
We take a lot of the pain points from companies that work with many freelancers.
Marc Clemens, Founder and CEO 9am.works
Subscribe HereThe Authority on German, Swiss and Austrian Startups | Linktree
We worked with a law firm to build a compliance hub for working with freelancers.
Marc Clemens, Founder and CEO 9am.works
Executive Summary9am.works is a startup platform explicitly designed for freelancers. Founded by Marc, a serial entrepreneur formerly with Team Europe Ventures and the founder of Sommelier Prive, Huus, code control, and 9am.works. The platform makes it easy for freelancers to find jobs, invoice clients, and get paid quickly and securely - most for free! It also helps companies work with freelancers, from searching and hiring to payment processing. Bootstrapped since its launch in 2016, 9am.works is transforming how freelance work is being done.
The FounderMarc is originally from Schwaben (https://en.wikipedia.org/wiki/Swabia), an area rich in entrepreneurial culture and home to some of the most iconic German companies, like Bosch and Benz. The Würth family is also from this same region, famous for their products related to screws, nails, and other construction items. He chose to pursue higher education abroad by studying at St. Gallen in Switzerland, UC San Diego, and later HEC in Paris. This exposure helped equip him with the skills needed to be a successful startup founder - something he has since become known for. His roots may have provided him with an initial spark of inspiration, but Marc's hard work has allowed him to carve out his own place in the business world.
A serial entrepreneur, he has a wealth of experience not only with Team Europe Ventures (now team global, founded by Lukasz Gadowski https://teamglobal.net/) and also in founding his own startups. Unfortunately, his venture Sommieler Prive did not succeed, leading to a period of tiredness and burnout. Thankfully, this entrepreneur is sharing his learnings from this experience in interviews to help others avoid the pitfalls of a similar situation. His advice provides powerful insights into how to navigate entrepreneurism without suffering excessively from burnout.
After this, he was freelancing for some time. This leads him to the idea of Code Control (which he still runs), a community for IT freelancers. This again developed into the idea of 9am.works, for all freelancers, not only for IT talent.
In between, he co-founded with his wife the HUUS soundproof phone booths startup (you may have seen them in a coworking space before) https://en.huus.io/.
The StartupIf you are a freelancer in need of assistance with the various steps of working with a company, 9am.works is the perfect platform for you! They provide sales solutions, and project management services free of charge for all freelancers and offer to work along any other steps needed for successful contracting. They also offer a payment solution, but this one is not for free. Thanks to their subscription software options as well as chargeable services on an à la carte basis, companies can enjoy 9am's personalized range of packages. 9am.works is the ideal solution when it comes to making sure that everything related to contracting with companies is seamless and stress-free; in addition, its 'freelancer' feature enables knowledge workers to easily search and find employment opportunities that match their needs and goals.
9am has revolutionized the way companies find freelance services. By using a Software as a Service model, 9am provides comprehensive tiers of services to companies on the lookout for affordable contracting and compliance solutions. Not only that, but 9am also makes it easier and faster to pay freelancers since they provide businesses with one consolidated invoice, eliminating the need to onboard individual freelancers. With 9am, service delivery has never been simpler or more straightforward.
Venture Capital Funding9am.works is finance with the cash flow from code control. They are interested in investors who can invest 8 digit tickets. They may look for funding mid to end of 2023.
"We have unlimited holidays for employees at 9am.works"
Marc Clemens, Founder and CEO of 9am.Works
9am.works is HiringYou can learn more about the company, that is still hiring and gives you unlimited vacation learn more on our blogpost.
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/9am-works-is-the-operating-system-for-freelancers-147aa19d6679
Mentioned in this episode:
Younium is the Subscription Management Hub for B2B SaaS Companies
Younium is the Subscription Management Hub for B2B SaaS Companies. Whether you’re looking to expand to new markets, experimenting with pricing models, or simply want a streamlined quote to cash process - Younium got your back. On top of that, Younium Insights provides the SaaS metrics you need for reporting to the board and for future company valuation. It gives you the key figures needed to drive your business forward and take strategic decisions. Learn more here https://www.younium.com/
Startupraven.com
Startupraven.comThe 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
Executive SummaryJochen Engert won the German Startup Award 2022 as German Entrepreneur of the Year. He is the co-founder of Munich-based Flix a unicorn recently valued at 3 bn US$ and the owner of Greyhound Lines. He shares in this interview his entrepreneurial journey, and his experience in winning 90% of the local long-distance bus market in less than a decade, without owning even one bus. We talk about the rough times during COVID when the service was shut down for 8 weeks, their expansion into different countries, acquisitions, and investments. He also shares some experience from his business angel investments.
“We are getting to profitability pretty soon”
Jochen Engert Co-Founder Flix
Subscribe HereThe Authority on German, Swiss and Austrian Startups | Linktree
“Our families, even our girlfriends thought we were crazy leaving our consulting jobs to start this ‘bus thing’.”
Jochen Engert Co-Founder Flix
German Startup Awards 2022This interview is in media partnership with the German startup association (Bundesverband Deutscher Startups https://deutschestartups.org/). Their German Startup Awards #GSA22 honor each year outstanding female and male founders and investors in special categories. You can learn more about the winners in our interviews and on this website: https://germanstartupawards.de/rueckblick/rueckblick-2022
You can also have a look at our history, we also interviewed many winners of the German Startup Awards 2021 already.
“Our initial hypothesis was that you need one central player to orchestrate in order to put up a national network.”
Jochen Engert Co-Founder Flix
The FounderOur guest today is Jochen, the Supervisory Board Director (formerly CEO) and Co-Founder of Munich-based mobility unicorn startup Flix (formerly Flixbus). Jochen studied at the University of Ottawa, Canada, as well as at Stuttgart University and in Koblenz at WHU. He has also been a consultant at Boston Consulting Group for 5 years, prior to starting Flix.
“If you want to be a founder, you are always on sales, to clients, investors, and also people you want to hire”
Jochen Engert Co-Founder Flix
The trigger of Flix was the 2009 coalition government contract, where the ruling parties stated they wanted to de-regulate the bus service in Germany, for the first time permitting long-distance buses. Before the de-regulation there was a law in force forbidding long-distance bus connections, competing with train service. So they founded GoBus, later re-branded to FlixBus, then to Flix.
“ … for all operational complex businesses: Operational excellence, passion for detail and laser focus on customer centricity and ultimately customer technology … that is something that compounds, …. Building ultimately a competitive advantage, that is very hard to impossible to replicate ”
Jochen Engert Co-Founder Flix
The StartupFlix started as GoBus, later FlixBus (https://global.flixbus.com/). Today they operate FlixBus, FlixTrain, FlixCar, Kâmil Koç in Turkey, and Greyhound Lines in the US. They were valued at 3 bn US$, when they raised their last VC round (Series G published in June 2021). They raised in total more than 1,2 bn US$ from 17 investors, including General Atlantic, TCV, Silver Lake HV Capital, Permira, BlackRock, European Investment Bank, UVC Partners, Mercedes Benz Group, LMU Entrepreneurship Center, and Cherry Ventures (you can find an interview with Filip, the founding partner of Cherry Ventures here).
Flixbus operates buses or, in many cases, just handles marketing, pricing, and customer service for a commission on their software platform, on behalf of bus operators.
In 2018 — just 6 years after its founding — the company had a 90% market share of intercity bus travel in Germany. This was a result of mergers and acquisitions in the country. At the time and to this day, they don’t own a bus in Germany. They have a long success story of acquisitions:
Their clientele is also interesting, as of February 2018, 60% of the company’s customers were female and 33% were between the ages of 18 and 25.
“ We now operate more than 5.000 destinations. That would be impossible with the right scalable software.”
Jochen Engert Co-Founder Flix
Venture Capital FundingTheir last published funding was published in June 2021, raising 650 m US$ at a 3 bn US$ valuation.
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/meet-the-german-entrepreneur-of-the-year-co-founder-of-flix-which-now-owns-greyhound-gsa22-1c3681ebafac
Mentioned in this episode:
Startupraven.com
Startupraven.comThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
Younium is the Subscription Management Hub for B2B SaaS Companies
Younium is the Subscription Management Hub for B2B SaaS Companies. Whether you’re looking to expand to new markets, experimenting with pricing models, or simply want a streamlined quote to cash process - Younium got your back. On top of that, Younium Insights provides the SaaS metrics you need for reporting to the board and for future company valuation. It gives you the key figures needed to drive your business forward and take strategic decisions. Learn more here https://www.younium.com/
This podcast uses the following third-party services for analysis:
Podder - https://www.podderapp.com/privacy-policy
Chartable - https://chartable.com/privacy
Executive SummaryFilip is a founding partner of Cherry Ventures, one of Germany’s most important seed investors. Their portfolio includes unicorns like Flixbus, Auto1 Group, Forto, Infarm, and well-known startups like Amorelie, Kitchen Stories, Flaschenpost, Spryker, and Superlist. Their portfolio also includes our former guests: Qualifyze, Sanity Group, and Rows. Filip has a background as an entrepreneur himself, so he and Cherry approach startup investing differently. Tune in to learn more about him and the VC.
“We have software helping us to find good startups, for example, if you are head of product at a good startup and change your title to ‘working on something new’ we get notified.”
Filip Dames, Founding Partner Cherry Ventures
Subscribe HereWe are always sharing new resources with you. Find all of our options below.
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“I really believe an investor should be stage focused”
Filip Dames, Founding Partner Cherry Ventures
The FounderFilip Dames has had an accomplished career, starting out as an intern in Malaysia with DaimlerChrysler, at BCG, and Sony BMG in New York City. Following his venture into the corporate world, he then founded a collectible marketplace called Tamundo. There he went on to oversee the international expansion of Zalando and become the founder and CEO of Zalando Lounge (Zalando’s shopping club). The venture was a success, helping Zalando to go public in 2014. He decided to leave the company, making his 30th birthday also his Zalando farewell party.
From there Filip decided to venture off and focus on venture capital; so it came as no surprise when he started Cherry Ventures in 2013 in Berlin as business angel and startup investor. With tickets of 10.000–50.000€ they are dedicated to helping Germany, Europe, and beyond with investments for entrepreneurs wanting to make their visions reality.
“We invest almost exclusively in Europe”
Filip Dames, Founding Partner Cherry Ventures
Cherry VenturesCherry Ventures (https://www.cherry.vc/) is an early-stage venture capital fund founded and led by former entrepreneurs. They are focusing on European seed-stage companies in the B2B and B2C space. Cherry invests there at the pre-seed- and seed stage with initial tickets between €500k and €5M.
“Founders first and investors second” is the motto of Cherry Ventures
They started out with their first fund with their own money and the money of close friends, much less than 10 m €. From there they build a portfolio of 30 companies, of which some did really well. This in turn enabled them to raise an institutional fund, worth 150 m Euros. In the second fund, successful entrepreneurs from the first fund invested like the founder of Amorelie or the founders of Flixbus.
Their portfolio is already pretty impressive and includes names our frequent followers will recognize, unicorns like Flixbus, Auto1 Group, Forto, Infarm. But they are also investors in well-known startups like Amorelie, Kitchen Stories, Flaschenpost, Spryker, and Superlist.
Their portfolio also includes former guests, Qualifyze, Sanity Group, and Rows, for which you can find the interview link in the show notes.
Further Readings / Additional ResourcesQualifyze (audio only) https://player.captivate.fm/episode/220f49cc-2ef1-471a-bd5b-504d9235e892
Sanity Grouphttps://player.captivate.fm/episode/6c8572f9-ef9c-43c0-9bd1-3641a787a3bc
Rowshttps://player.captivate.fm/episode/9beec601-bfc6-4921-b1ec-05ca641d7959
Links and Show NotesFind all links and show notes here: https://medium.com/startuprad-io/meet-filip-one-of-germanys-most-successful-early-stage-vcs-cherry-ventures-gsa22-b344a9169b89
Mentioned in this episode:
Startupraven.com
Startupraven.comThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
Younium is the Subscription Management Hub for B2B SaaS Companies
Younium is the Subscription Management Hub for B2B SaaS Companies. Whether you’re looking to expand to new markets, experimenting with pricing models, or simply want a streamlined quote to cash process - Younium got your back. On top of that, Younium Insights provides the SaaS metrics you need for reporting to the board and for future company valuation. It gives you the key figures needed to drive your business forward and take strategic decisions. Learn more here https://www.younium.com/
This podcast uses the following third-party services for analysis:
Podder - https://www.podderapp.com/privacy-policy
Chartable - https://chartable.com/privacy
Executive SummaryMilan graduated in 2022 from Highschool and is the founder of QiTech, a company that recycles bottle caps to create the plastic filament used in 3D printers. He was recently awarded the Newcomer of the Year at the German Startup Awards 2022. Milan has been working hard to grow QiTech into a successful business. In addition to selling the ink for 3d printers call filament, QiTech also sells the machines they use to produce the filament. This innovative approach to recycling has earned Milan recognition as an outstanding young entrepreneur. With his creative solution to the problem of plastic waste, Milan is positively impacting the environment and paving the way for a more sustainable future.
In plastic recycling you have to get down to the details, there is a lot of ‘greenwashing.’
Milan von dem Bussche, Founder QiTech
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“We produce (next to recycled filament) lab scale machines, where you can throw in the right kind of plastic on top and get 3d printing filament out at the end.”
Milan von dem Bussche, Founder QiTech
German Startup Awards 2022
This interview is in media partnership with the German startup association (Bundesverband Deutscher Startups https://deutschestartups.org/). Their German Startup Awards #GSA22 honor each year outstanding female and male founders and investors in special categories. You can learn more about the winners in our interviews and on this website: https://germanstartupawards.de/rueckblick/rueckblick-2022
You can also have a look at our history, we also interviewed many winners of the German Startup Awards 2021 already.
“What we do is really recycling, not downcycling.”
Milan von dem Bussche, Founder QiTech
The FounderMilan is a young entrepreneur who is already making waves in the business world. In March 2022, he won the German Startup Award, and in the summer of the same year, he graduated from high school. Von dem Bussche started his career at the age of 16 with 3d printing phone cases. He soon realized that there was more potential in recycling phone cases and turning them into 3d printing filament. The filament is the ink of a plastic 3d printer; it is a type of plastic that is heated and then layered on to create a 3d shape. Von dem Bussche and his team soon recognized that the filament business held much more potential than the phone case business, so they pivoted their focus. Their hard work has paid off; today, their company is one of the leading producers of 3d printing filament in Germany. von dem Bussche is proof that with a great idea and a lot of determination, anyone can succeed. As of December 2022, the team has not taken in outside investors, but they funded their startup with award money and a government stipend.
The StartupMilan von dem Bussche is a young entrepreneur who founded the startup QiTech. The company started out by 3d printing cell phone cases but later realized that there was a much bigger market in recycling plastics to 3d printing filament. So they pivoted. After being asked to sell their machines for sorting and recycling, QiTech also offers these machines at a laboratory scale.
The recycling machines used by QiTech are able to sort and recycle plastics into 3d printing filament. This filament can then be used to produce various products, including cell phone cases. The recycling process is environmentally friendly and helps to reduce the production costs of 3d printed products. You can learn more here https://en.qitech.de/recycling
The Jarvis Machines are produced by QiTech. They are designed for industrial recycling applications. They are able to sort and recycle plastics. The machines have a high throughput rate and are capable of working on a laboratory scale. You can learn more here https://en.qitech.de/industries.
Venture Capital FundingQiTech is so far bootstrapped. They won prize money and are currently receiving a stipend from the German government, to help start off their company.
If you want to talk to them, reach out and we will connect you with Milan.
QiTech is Hiring for Both BusinessesHave a look at their website: https://en.qitech.de/team
All Links and Show NotesHere is our blog post: https://medium.com/@startuprad_io/qitech-recycles-plastic-waste-in-3d-printing-filament-gsa22-835963f87267
Topics Discussed in this InterviewIn this interview, we are talking about recycling, downcycling, plastic waste, 3d printing, industrial 3d printing, young entrepreneurs, entrepreneurship, German Startup Awards, best newcomer, newcomer award, german startup association, Rheinhessen, Oppenheim, Westhofen, Germany, machine building, recycling machines, startup, scaleup, bootstrapping, venture capital
Mentioned in this episode:
Startupraven.com
Startupraven.comThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
Younium is the Subscription Management Hub for B2B SaaS Companies
Younium is the Subscription Management Hub for B2B SaaS Companies. Whether you’re looking to expand to new markets, experimenting with pricing models, or simply want a streamlined quote to cash process - Younium got your back. On top of that, Younium Insights provides the SaaS metrics you need for reporting to the board and for future company valuation. It gives you the key figures needed to drive your business forward and take strategic decisions. Learn more here https://www.younium.com/
This podcast uses the following third-party services for analysis:
Podder - https://www.podderapp.com/privacy-policy
Chartable - https://chartable.com/privacy
Executive SummaryUnternehmerTUM helps experienced entrepreneurs and students to start, accelerate or fundraise to build world-class companies including but not limited to Flix, Celonis, Blickfeld, Isar Aerospace, Konux, tado, e-bot7, ProGlove or Lilium. At the 2022 German Startup Awards, UnternehmerTUM won the Special Award for their work. Therefore we interview Stefan, its COO in our series with the German Startup Association, and learn more about him and their programs.
German Startup Awards 2022This interview is in media partnership with the German startup association (Bundesverband Deutscher Startups https://deutschestartups.org/). Their German Startup Awards #GSA22 honor each year outstanding female and male founders and investors in special categories. You can learn more about the winners in our interviews and on this website: https://germanstartupawards.de/rueckblick/rueckblick-2022
You can also have a look at our history, we also interviewed many winners of the German Startup Awards 2021 already.
The Award WinnerThis time we have a very special case since the legal entity UnternehmerTUM won the German Startup Awards’ 2022 Special Award. UnternehmerTUM itself is attached to the Technical University of Munich (TUM). It is also one of the cradles of Munich’s world-class startup talent and a light tower in the education of entrepreneurs in Germany. We, therefore, talk to Stefan Drüssler.
Stefan , COO of UnternehmerTUM, is no stranger to entrepreneurism. As a past consultant with the Boston Consulting Group (BCG), he has advised startups and Fortune 500 companies alike on how to grow their businesses. But when he joined UnternehmerTUM 5 years ago, he found his true calling in helping entrepreneurs bring their startups to life.
Located in Munich, UnternehmerTUM is one of the world’s leading incubators and accelerators for startups. It is also a hub for entrepreneur education, providing programs and resources to help founders get their businesses off the ground. Recently, UnternehmerTUM was honored with the German Startup Awards’ 2022 Special Award. This recognition is a testament to the incredible work that Stefan and his colleagues are doing to support startup growth in Germany.
Looking to the future, Stefan is excited about the potential for UnternehmerTUM to continue supporting more founders as they turn their innovative ideas into successful businesses. With the right mix of resources and support, there’s no limit to what German startups can achieve.
The InstituteUnternehmerTUM was founded in 2002 by entrepreneur Susanne Klatten as a non-profit organization. With more than 50 high-growth technology start-ups each year and its unique offering, it is the leading center for innovation and business creation in Europe. It is an institute attached to the Technical University of Munich (TUM).
Mrs. Klatten was raised in a successful entrepreneurial family and her family owns jointly the controlling stake in BMW. The organization’s goal is to promote entrepreneurship among students and scientists, and it offers a variety of programs and resources to support entrepreneurs and its members. In addition to providing educational opportunities, UnternehmerTUM also offers mentorship and networking programs to help its members connect with potential investors and customers. As a result of its efforts, UnternehmerTUM has helped to launch numerous successful businesses.
UnternehmerTUM helps founders from the idea stage to financing, they are also involved in teaching entrepreneurship at TUM. They have more than 350 employees working on 20 independent programs, where they help with ideation, incubation, acceleration, and...
Our Highlights: FTX may be history, BUT a German Blog reports there are several parties interested in buying the European Entity of FTX. FTX also triggered Bitpanda to order a special audit from KPMG. We have some more job cuts, this time the 2nd round. Gorillas may sell itself at 1 bn USD even though they have raised 1.3 bn USD in venture capital already. Air taxis are still hot, Volocopter raises more than 180 m US$ to get closer to certification and Lilium sells 100 Airtaxis to Saudi Arabia. The German VC market is stabilizing, according to KfW Research. Our former guest Creditshelf partners with Goldman Sachs and pockets 100 m Euros. Gitpod, a startup from Kiel convinces the founders of GitHub and Shopify to invest.
Let's talk startups:
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Top News FTX may soon be History, BUTA German blog Finance Forward reports there are several parties interested in buying the European Entity of FTX, which is headquartered in Switzerland. Their information has been spot-on in other cases in the past.
Job Cuts Keep Coming - 2nd Round NowProptechs Homeday and McMakler enter the second round of job cuts. Homeday cuts 20 jobs (60 before) and McMakler again 100 employees
Gorillas May Sell Itself at a Huge DiscountSequoia-backed grocery startup Getir is close to buying its troubled rival Gorillas in a heavily discounted deal said to be worth less than $1 billion. They have been valued at their series C investment at 2.1 bn US$ and to date they raised more than 1.3 bn US$.
Related: Deutsche-Startups uncovered that Gorillas (which is in the process of selling itself) paid 300 m € this year for french competitor Frichti.
Lilium Sells 100 Airtaxis Saudi Arabia buys 100 air taxis from Munich -based startup Lilium. The delivery is expected 2025. Before the deal, they also hired former Airbus executive Klaus Roewe. Fingers crossed for them, they did not generate revenue yet, but 841 m Euros in losses so far.
Volocopter Raises 182 M US$Volocopter raises $182M to bring air taxi closer to certification, as part of their Series E funding
The company is currently testing its two-seater VoloCity air taxi for the requirements set by the European Union Aviation Safety Agency (EASA). Volocopter is looking to certify its aircraft in H2 2023 and generate revenue with rides in 2024.
Creditshelf Partners with Goldman SachsOur former guest Creditshelf partners with Goldman Sachs and hits profitability - Goldman Sachs is providing the German alternative lender for SMEs with up to €100m of secured funding. Learn more in our interview with Creditshelf here https://buff.ly/3NVANo1
Creditshelf is Germany’s only listed pure-play fintech, offering a credit platform, where investors can grant credit to German small and medium enterprises.
Mentioned in this episode:
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Younium Younium is the subscription management and billing platform for B2B SaaS. Younium brings the transformative infrastructure to manage and grow your business while you focus on the things that matter. https://www.younium.com/ Tvarit Tvarit is an industrial ai startup, that helps companies to reduce rejections by 40%-60% in metal casting, as well as saving up to 18% on energy. Learn more here: https://www.tvarit.com/
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Executive SummaryJohanna Baare is the founder of Traceless Materials, a startup that produces compostable materials to replace plastic. She was recently awarded the German Startup Award for "Female Newcomer of the Year 2022." Congratulations, Johanna! The award is presented by the German Startup Association. Baare's company is just one of many startups fighting plastic pollution. It's estimated that 40% of today's plastic waste ends up in the environment. This has devastating consequences for wildlife and ecosystems. Traceless Materials' products will decompose in nature in two to ten weeks, without leaving any trace. Baare is one of many female entrepreneurs leading the charge against plastic pollution. We need more innovators like her to create a cleaner, greener future for us all.
German Startup Awards 2022This interview is in media partnership with the German startup association. Their German Startup Awards #GSA22 honor each year outstanding female and male founders and investors in special categories.
You can also have a look at our history, we also interviewed many winners of the German Startup Awards 2021 already.
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The FounderJohanna Baare is the COO and co-founder of Traceless Materials, an innovative Hamburg-based startup company that specializes in sustainable and eco-friendly materials. She has a background in psychology, which comes in handy for her current role in hr and team building. She also holds an MBA from IE Business School. Before Traceless Materials, she was the COO of a Malmö-based startup where she gained valuable experience in the SaaS industry. Her experience in consulting and management has been invaluable in her current role. Under her leadership, Traceless Materials has become one of the leading companies in its field.
The StartupFounded in 2020 by two female entrepreneurs, Traceless is a startup that produces biomaterials to replace plastic. Johanna met her co-founder Anne at ProjectTogether in Berlin, which matches co-founders. The material is compostable, meaning it breaks down into natural substances in two to ten weeks without leaving any trace of microplastic. The company's mission is to reduce the environmental impact of plastic waste. In addition to being compostable, the biomaterial is also recyclable and biodegradable. Traceless is currently working on developing a variety of applications for their biomaterial, including packaging, food service items, and medical supplies. The company has already received funding from several venture capital firms and the European Union. With its innovative biomaterial and commitment to sustainability, Traceless is poised to make a significant impact in the fight against plastic pollution.
The team is looking to build a first industrial-scale plant approximately the size of one hectare (107,000 square feet). The next step would be to produce at an industrial scale where the team is looking right now to match the price of non-recycled, aka virgin plastic. The big advantage of their material is that traditional plastic producers can use their granulate in existing machines. This will significantly lower the costs for companies who want to produce sustainable plastic and could eventually lead to replacing a large percentage of traditional plastic with this new sustainable option.
Venture Capital FundingTraceless has raised 2,8 M US$ in funding, from 4 investors, including the European Innovation Council and HTGF (link interview CEO). Of these are 2,4 mn Euros from the EU. Right now Traceless is looking for investors to build a small scale...
The European Business Angel Network (EBAN) is an organization that brings together business angels from all over Europe. The aim of the organization is to provide a forum for business angels to share best practices and learn from each other. EBAN also offers training for new business angels who want to get involved in startup investing. The organization held one of its two annual conferences in Brussels recently, bringing together business angel investors from all over the continent. This year’s conference was particularly important, as it provided a much-needed opportunity for startup founders to connect with potential investors. With the COVID-19 pandemic causing economic uncertainty, many startups are struggling to secure funding. The conference offered a unique opportunity for startups to pitch their businesses to a large group of potential investors. EBAN director Jacopo Losso spoke about the importance of business angels in the current climate, saying “business angels are more important than ever in these challenging times.”Losso went on to say that business angels “provide the seed funding that is essential for many startups.” The conference was a valuable opportunity for startup founders to meet with potential investors and get their businesses off the ground.
For this event more than 300 seed-stage startups applied, of which they have chosen 25 for the event. The event we attended took place in Brussels. We focused on startups from Germany and made short interviews with them on-site. If you want one or more of these startups back for a full interview, let us know in the comments or via email. The event was a great opportunity to network and exchange ideas with other startup founders, business angels, and VC investors from all across Europe. We also got insights into the early-stage startup scene across the continent and had the chance to listen to some great startup pitches. All in all, it was a very inspiring event that definitely left us wanting more. The next event will take place in Athens, Greece in April 2023. You can apply for the event via the EBAN website: https://www.eban.org/
This episode also kicks off our hot fall, where we have two episodes each week, until Christmas. We will finish the year with our annual fintech review on December 25th and be back for you on January 19th 2023.
Our EnablersHessen Trade and InvestHessen Trade and Invest is the enabler of some of the most important interviews that have been conducted for this website. Without their brand, Invest-in-Hessen.com, none of these would have been possible. These interviews would not have been possible without Hessen Trade and Invest’s willingness to help facilitate my travel and connect me with startups in their network.
YouniumYounium is the subscription management and billing platform for B2B SaaS. Younium brings the transformative infrastructure to manage and grow your business while you focus on the things that matter. https://www.younium.com/
TvaritTvarit is an industrial ai startup, that helps companies to reduce rejections by 40%-60% in metal casting, as well as saving up to 18% on energy. Learn more here: https://www.tvarit.com/
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This Episode00:00 Introduction00:16 Welcome by Joe01:46 Jacopo Losso — Managing...
Welcome to This Month in German, Swiss, and Austrian (GSA) Startups in October 2022 by Startuprad.io with Chris from Essen, Germany, and Joe from Frankfurt. We recorded this news episode on Thursday, October 20th, 2022.
Our Highlights:Another one of our former guests gets a Snoop Dog investment. Quick delivery startup Gorillas seems to sell itself to competitor Getir, according to Bloomberg, despite an earlier announcement they are looking for more investments. Gadget rental service Grover adds 270 m € in venture debt, getting it close to 2 billion €. Our former guest Nuri (formerly Bitwala) had to file for insolvency, now investors jump ship and the company is wound down this year. Volocopter is sued by early crowdfunding backers, Home24 has a takeover offer from a brick-and-mortar furniture retailer and BioNTech takes on cancer. Also, Munich-based travel tech Holidu raises 100 m € in a combination of 75 m equity and 25 m debt funding.
Let’s talk startups:
Our EnablersYouniumYounium is the subscription management and billing platform for B2B SaaS. Younium brings the transformative infrastructure to manage and grow your business while you focus on the things that matter. https://www.younium.com/
TvaritTvarit is an industrial ai startup, that helps companies to reduce rejections by 40%-60% in metal casting, as well as saving up to 18% on energy. Learn more here: https://www.tvarit.com/
Invest-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. Find it all here:
Tech Startups Germany - Startups and Venture Capital
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Top NewsEurope’s Largest Cannabis Funding To DateEurope’s largest cannabis funding to date: Snoop Dogg-backed German cannabis startup gets $37.6M Series B led by British American Tobacco
learn more about the Entrepreneur of the Year 2021 (German Startup Awards) founder Finn Age Hänsel in our interview
Gorillas May Soon Be Bought By GetirDelivery Startup Getir in Advanced Talks to Buy Gorillas (Bloomberg). They write:
Grover Takes Home 270 m €As consumer spending tightens, yet appetites for tech remain the same, Berlin-based Grover sees an uptick in rental interest and is now bringing its debt...
Executive SummaryThe industrial ai startup Tvarit is focused on optimizing the process of casting metals. This process is abundant for parts in robots, cars, all kinds of machines, and heavy equipment. With their approach they help their clients save up to 18% of their energy bill, increase production quality and lower the wastage of the process. Tvarit has raised almost 3 million in funding since our 2019 interview and is looking for Series A funding. Suhas founded 17 startups prior to Tvarit, with this being startup №18, for which he sees the potential to become a unicorn. We’re excited to see how Tvarit will develop industrial ai further and help factories across the world save money and produce better quality products.
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Our EnablersOur Sponsor YouniumYounium is the subscription management and billing platform for B2B SaaS. Younium brings the transformative infrastructure to manage and grow your business while you focus on the things that matter. https://www.younium.com/
Invest-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. Find it all here:
Tech Startups Germany - Startups and Venture Capital
The FounderSuhas is a serial entrepreneur who has founded 18 startups, including his last one Tvarit in Frankfurt. Tvarit is an industry 4.0 AI startup that Startuprad.io has been following since 2019. Suhas is an engineer by training (ISEP in Paris). Suhas has worked for more than 12 years for Qualcoom and other companies before becoming an entrepreneur. He has been (co)founding industrial companies and startups in Europe and India already in the past, so this is nothing new for him.
In this interview we focus more on the development of Tvarit, for everyone who likes to learn more, we will also link the October 2019 interview in our blog post.
The StartupAs industry 4.0 and the industrial internet of things (IIoT) continue to evolve, so too does the potential for artificial intelligence (AI) in manufacturing. Manufacturers are already using AI-powered robots for tasks like welding and fabricating, and the technology is quickly being adopted across the industrial sector. One area where AI is making a big impact is in metal casting. By analyzing data from the casting process, Tvarit can help to optimize production and improve quality control. As a result, factories that adopt AI-powered metal casting solutions are able to produce parts more efficiently and with fewer defects and less energy. Tvarit is one company that is leading the way in this area, and its industrial AI software is helping manufacturers around the world to improve their operations.
All Links and Show NotesHere is our blog post:
Executive Summary Berlin-based green startup Trilleco is on a mission to help businesses analyze and manage their environmental impact, with their industrial IoT data platform. The startup's non-code data platform makes it easy for companies to see how they can reduce their carbon footprint and make positive changes for the environment. Female co-founder Miriam Janke is passionate about helping businesses operate in a more sustainable way and contribute to the goal of limiting global warming. In addition to reducing greenhouse gas emissions, Trilleco is also working towards a circular economy where resources are reused instead of being thrown away. Through its innovative platform, Trilleco is helping businesses make meaningful progress towards a more sustainable future.
This interview is part of our female entrepreneurship track, where Joe is sick leave cover for Johanna.
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The Founder Miriam Janke (https://www.linkedin.com/in/miriam-janke/) is an inspiring young female founder who has co-founded green startup trilleco to work on a better future. She is currently with her startup in the Paris TechStars accelerator, where she is working on developing her green business goals. Miriam is a TEDx speaker on environmental protection and has spoken widely about the need for more female entrepreneurs in the green business space. Her work with trilleco is helping to make the world a cleaner and more sustainable place, and she is an inspiration to other young women who are looking to make a difference in the world. We can all learn from Miriam's example and be inspired by her commitment to making a difference.
The Startup Trilleco (https://www.trilleco.com/) is a green startup based in Berlin that has developed a data platform to help industry 4.0 become more sustainable. The platform makes data from the company accessible and makes the environmental impact visible to enable the company to manage it. The company's goal is to help reduce the environmental impact of industrial IoT by making it easier for companies to adopt green practices. Trilleco is one of the first companies to offer a no-code data platform that makes it easy for companies to get started with green practices. The company has ion the EIT Manufacturing program and is currently part of the TechStars Accelerator in Paris.
Trilleco is Hiring They have offices in Finnland, Germany and Spain. They also operate in Austria, Switzerland and Italy. You can learn more about them here: https://www.trilleco.com/careers
...
Our highlights: Germany is preparing for a potentially rough winter, in many ways. Now Environmental Action Germany (Deutsche Umwelthilfe): Asked Germans not to put up any Christmas lights this season. Startups in GSA keep laying off staff, but also raising significant funds. We have our usually shortened list a bit longer this month, to show that it is not all gloom and doom here. You will also notice that the M&A activity is up, totaling 55 bn US$ in summer 2022 (for all of Europe), and is still going strong.
Let’s talk startups:
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Our Enablers Invest-in-Hessen This 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. Find it all here:
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Blog Post Find all links, news and show notes here: https://medium.com/@startuprad_io/this-month-in-german-swiss-and-austrian-gsa-startups-september-2022-53339fae6ca7
Top News Berlin’s Everphone extends Series C to $232M Everphone started with their first fundraising for Series C in December 2021 and now make an additional closing of 32 mn Euros, which totals — according to PitchBook 232 m US$ Series C for their device-as-a-service model
Crypto Boom is slowing European crypto app downloads have almost halved from 2021 amongst the biggest drops are Blockchain.com and unicorn Bitpanda.
Sifted writes “Beleaguered Austrian crypto trading platform Bitpanda saw a 65% decrease in app downloads from 563k in H1 2021 to 197k in H1 2022. In June, the company laid off a third of its employees, admitting that it had hired too fast and needed to cut back expenditure amid the crypto market rout.” VCs keep an eye on their investments and the app downloads are a proxy for growth here for them.
Insolvencies hit household names Yes, they are not startups, but it gives you a great overview of the current environment, also for the startups
Podcast monetization is getting serious with international involvement Lots of mergers in monetizing podcasts, the first Julep from Munich was bought by Libsyn and now London-based Auddy buys Vienna-based Audiomy
More firings :-( Keep in mind here, that most startups are likely not in financial trouble, but they rather try to extend the money they have already raised. The consensus seems to be cutting 15–20% of the workforce for most startups.
Executive Summary COMPREDICT is a Darmstadt, Germany-based deep tech startup, offering virtual sensors for cars. They already convinced Michelin and Blackberry to invest, so we thought it would be about time to catch up with the team around Rafael.
Virtual sensors in a car take data from physical sensors and fuse them to generate additional measurements.Rafael Fietzek, MD and Co-Founder COMPREDICT
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Our Enablers Invest-in-Hessen This 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. Find it all here: https://techstartups.sounder.fm/
A normal car has four physical wheel speed sensors to measure each wheel. With us, you need only two physical sensors and save money.Rafael Fietzek, MD and Co-Founder COMPREDICT
Feedback We are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! You can also suggest topics or interview partners that you’d like featured on future episodes by leaving a comment below — we would love to hear from YOU!!!
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Blog Post with Links and Show Notes Find it here: https://medium.com/@startuprad_io/meet-compredict-the-startup-where-blackberry-and-michelin-invested-15b6f4aa6c70
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Our Highlights Startups in GSA did better than expected. We had a few insolvency filings, but also amazing fundraisings like Celonis 1 bn US$ combination of equity and debt funding. Insuftech Wefox raises 400 m. One can already see the signs of a downturn, M&A activity going up, as well as the news about insolvencies or job cuts/ hiring freezes. But — according to a Bikcom survey — 8 out of 10 startups are still hiring. Deal time our recent guest Qonto buys former guest Penta and there was more in a B2B neobank deal week. Even Allianz had to learn, that one can not buy fintech success and there is more news on Wirecard.
We will also bombard you with funding data on Germany, Austria, and Switzerland, as well as global numbers. Keep in mind you can read all our news on our blog https://medium.com/@startuprad_io/this-month-in-german-swiss-and-austrian-gsa-startups-summer-2022-wrap-up-603e2c1939ae
Top News Celonis Secures 1 bn US$ Funding Celonis remains a success story with a 400 million Series D extension and a 600 mn US$ credit facility, at a valuation of nearly 13 bn US$. They are cementing their spot as Germany’s most valuable startup as well as its only decacorn. They do process mining and help to identify unrealized efficiencies. Right now, they’re helping with supply chain issues, for example.
Despite Market Conditions, WeFox Closes 400 m US$ Funding Wefox, the Berlin-based insurtech, closes USD 400 million Series D round at 4.5 bn Dollar valuation
One Former Guest Has to File for Insolvency * German crypto startup Nuri had a streak of bad luck. First, they announce to cut almost 20% of their headcount, then millions of their client’s money is frozen with Celsius and now a blog claimed it all hit during fundraising * Eventually followed by an insolvency filing https://medium.com/startuprad-io/berlin-based-crypto-bank-nuri-formerly-known-as-bitwala-with-500-000-b4953e15dbfa * Berlin-based crypto neoborker Nuri had to file for insolvency. Now the insolvency administrator says there are parties interested in buying the company
Neobrokers Facing Headwinds * Neobrokers close to the edge: No good news from the SEC report on the poster child of all neo-brokers. Unfortunately, there is no report for Germany mentioning e.g. Trade Republic * Robinhood almost imploded during GameStop meme stock chaos — TechCrunch * Bankman-Fried’s FTX Is Seeking a Path to Buy Robinhood — BloombergWhat does this mean for BitPanda, Trade Republic, Scalable Capital, and N26? Do they also need to look for a strategic buyer rather than an IPO?
B2B Neobanks Had a pretty big Deal Week
Qonto Announces Plan to Acquire Penta https://buff.ly/3zwPCI3 as we have predicted two weeks before https://buff.ly/3zxUSeH we have extensive coverage of Penta from the past linked in the article, as well as an interview with Qonto’s head of Germany. Also Kontist was selling itself at a pretty hefty discount https://buff.ly/3c9pmuF
Viability of Quick Delivery Business Model still Questioned
Starwars fans may remember that death star was destroyed due to a data leak.Mirko Ross, Founder and CEO ASVIN, Podcaster Hackwerk
Executive Summary We interview Mirko, CEO of Asvin a cybersecurity startup. During the interview, we touch on data leaks in Star Wars, vulnerabilities in IoT, IoT devices, software, supply chains, distributed systems, and even in space (think cube satellites). ASVIN provides many tools to uncover and fix these vulnerabilities. Mirko is also a cybersecurity podcaster at Hackwerk, which you can also hear on our internet radio station www.startup.radio.
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Botnet operators can take over millions of devices by simply scanning the internet and following up with a brute force attack.Mirko Ross, Founder and CEO ASVIN, Podcaster Hackwerk
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Executive Summary Instigo is a multi-platform marketing tool, based in Vienna. Dror has been a marketing manager, working across multiple platforms. With this experience, he set out to create a platform that allows advertising frictionless, with consistent data across as many platforms as possible. They already made the first steps and convinced the first investors.
Managing marketing platforms across 6–7 platforms is very challenging. … We wanted to create a growth marketing tool for marketeers like us.Dror Hasman, Co-Founder
Find all the links and show notes here: https://medium.com/@startuprad_io/instigo-started-on-its-way-to-be-the-one-ads-platform-to-rule-them-all-5228649504e5
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Welcome to This Month in German, Swiss, and Austrian (GSA) Startups in June 2022 by Startuprad.io. My co-host is again Chris from New York. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in radio syndication with our very own station www.startup.radio, and our partner station IBGR.Network.
We recorded this new episode on Monday, June 27th, 2022. Keep in mind, that we will have a summer break and be back for you with another news episode on Labor Day, which is September 5th, 2022. In this episode, we will wrap up July, and August.
As always: All news not yet included here will be published in our next news episode in September.
We will also slightly change our publication schedule for this July and August, mostly going to one publication every two weeks. You can keep up to date with our Google Calendar for all publications.
Our highlights: Startups in GSA also shedding headcount, including unicorns that recently raised money. All signs point towards them extending their runway, expecting a recession. Some startups face a challenging fundraising environment, but others like WeFox want to almost double their valuations. Also, Personio and Trade Republic raise additional funds.
In our “stay ahead of the curve” section, we have a lot of articles an entrepreneur should read to prepare for the potential downturn.
German economic minister Habeck is unveiling his new startup strategy, considering even a minimum investment in VC Funds for German insurers and pension funds.
The fast delivery startups seem to hit a wall and even formerly mighty Gorillas now explores strategic options.
Let’s talk startups: https://medium.com/@startuprad_io/this-month-in-german-swiss-and-austrian-gsa-startups-june-2022-2651b2b64fe
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Welcome to This Month in German, Swiss, and Austrian (GSA) Startups in May 2022 by Startuprad.io — in a news recording with Christian Fahrenbach from New York City and Jörn Menninger, from Frankfurt. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in radio syndication with our very own station www.startup.radio, and our partner IBGR.Network.
We recorded this news episode on Thursday, May 19th, 2022. The next news will go live on June 30th. Keep in mind, that we will have a summer break afterward and be back for you with another news episode on Labor Day September 5th, 2022. In this episode, we will wrap up July, and August.
As always: All news not yet included here will be published in our next news episode in June.
We will also slightly change our publication schedule in the summer — as we have done before. For July and August, we will only post a new episode every other week (July 14th, 28th, and August 11th, as well as August 25th). We will be back to normal at the start of September.
We also partner with Artic 15 you get a discount with our code in the show notes at www.medium.com/startuprad-io
Our Highlights: We can proudly announce unicorn No 29 Taxfix, No 30 Onefootball and on the downside, RaisinDS loses its unicorn valuation. Really bad news for car sharing: BMW and Mercedes pull the plug on their joint venture. Our 2018 guest ProGlove is sold in a 500 m € deal (525 m US$) and Orderbird is sold in a 100 m € deal (105 m US$). Other unicorns are currently on the hunt for new capital and feel the heat of the current funding environment.
Let’s talk startups:
Our Enablers Invest-in-Hessen This 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. Find it all here:
Tech Startups Germany This is Tech StartUps Germany by Startuprad.io, a global top 125 Tech Podcast. You will find interviews with all sorts…techstartups.sounder.fm
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Find all news and show notes here: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-may-2022-de23cf4942e3
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Welcome to This Month in GSA Startups in April 2022 by Startuprad.io — in a news recording with Christian Fahrenbach ”Chris” from New York City today and me Jörn Menninger “Joe”, from Frankfurt am Main. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in radio syndication with our very own station www.startup.radio, the blog Fundscene, and our partner IBGR.Network.
We recorded this new episode on Monday, April 25th, 2022. The next news will go live on the 26th of May, the day we celebrate fathers day in Germany. For this reason, we have at this date two publications: the news and an episode on men’s health.
As always: All news not yet included here will be published in our next news episode.
We also partner with the EU-Startups Summit and Artic 15 you get a discount at both events with our codes in the show notes www.medium.com/startuprad-io. You can meet Joe in person in Barcelona at the EU Startups Summit on May 12th and 13th.
The discount codes are:
Our highlights: Despite slightly declining global VC investments GSA still generates Unicorns. This time we welcomed Grover and Choco officially into the league. Swiss Beqom is not confirmed, but also a massive investment. Apple and Porsche are rumored to work together on joint projects. Gorillas is looking for funding again, after raising a billion US$ (850 m Euros) in September 2021. Germany’s second most valuable fintech Mambu had to publish numbers. The corona patron registration app Luca first boomed during the lockdown, then their data protection was questioned, now they pivot to a fintech with the backing of investors including the Wefox founder.
Let’s talk startups:
Find all the links and show notes on our blog www.medium.com/startuprad-io
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CO2 is a very clean way to produce biopolymers.Fabiana Fantinel, MD and Founder CO2BioClean
This is our first in-person interview since the breakout of the corona pandemic in early 2020, made possible by Hessen Trade and Invest with their brand Invest-In-Hessen.com.
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We start with CO2 and at the end of our process … there are polymers that can be used like plastics.Fabiana Fantinel, MD and Founder CO2BioClean
Our Enablers Invest-in-Hessen This 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. Find it all here:
Tech Startups Germany
When you have something biodegradable, it will be lasting less than 6 months in the water.Fabiana Fantinel, MD and Founder CO2BioClean
Startupraven.com The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
The Founder We interview Fabiana Fantinel (https://www.linkedin.com/in/fabiana-fantinel-33a24110/), an Italian, who founded her company CO2Bioclean (https://co2bioclean.com/) in Frankfurt. She has a Ph.D. in Chemistry and her Post-Doc at the Max Planck Institute brought her to Germany. She also holds an MBA.
Our process is already patented. … currently, our efforts are in working on the scalabilityFabiana Fantinel, MD and Founder CO2BioClean
The Startup The startup CO2Bioclean is a green startup. They use CO2 to turn it into polymers that can be used like plastics but are biodegradable. The startup just received EU funding to start a small-scale plant to improve its patented process and work on its scalability.
Our material will last less than one year in the environment.Fabiana Fantinel, MD and Founder CO2BioClean
Venture Capital Funding Received 6.6 mn Euros in total from European Innovation Council (EIC) Accelerator https://www.deutsche-boerse-cash-market.com/dbcm-de/newsroom/fokus-news-list/EU-Accelerator-f-rdert-drei-Bio-konomie-Start-ups-2914060 They will use the funding to start a first production facility to demonstrate the technology at industrial scale.
There will be additional funding round to start the production at an industrial stage, likely starting in 2023.
There is no microplastic from our material lasting for years in the ocean.Fabiana Fantinel, MD and Founder CO2BioClean
Find all links and show notes on our blog www.medium.com/startuprad-io
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Welcome to This Month in German, Swiss and Austrian (GSA) Startups in March 2022 by Startuprad.io — in a news recording with Chris — not from New York City today and me Joe, from Frankfurt am Main. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in radio syndication with our very own station www.startup.radio and our partner IBGR.Network.
We recorded this new episode on Monday, March 21st, 2022. The recording is one week earlier than usual, due to the travel schedules of Chris and me.
As always: All news not yet included here will be published in our next news episode.
Our Enablers Invest-in-Hessen This 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. Find it all here: https://techstartups.sounder.fm/
Startupraven.com The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
Our highlights:
We have the 100 most influential women in startup and venture capital in Europe. There are two new unicorns to announce in GSA. Unicorn Personio set up a charity fund and Germany’s largest fintech exit (at approx 1 bn US$) is in the making. We have an exclusive interview with the CEO in charge for almost 40 minutes from July 2021. We try to touch on the Russian invasion in Ukraine as lightly as possible, only when it impacts the GSA startup scene since you get more than enough news about this tragedy on ANY OTHER outlet. Please note that this does not mean we don’t care, but it is not our area of coverage. We are also talking about delivery startups and again Wirecard. Not surprisingly, Wirecard will keep the German courts busy for years to come.
Let’s talk startups:
Find all links and show notes here: https://medium.com/startuprad-io
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People talk today about the crypto winter, but I went through the time after the Dotcom Bubble burst and there are a lot of similarities here. Wolfgang Männel, Blockchain Investor
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A few years ago, I was attracted by the opportunities the blockchain offers. Wolfgang Männel, Blockchain Investor
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As a blockchain investor I am currently looking at … 1) Everything that is happening in the DeFi space, especially the new ways of money transfer. 2) The Gaming Sector. It is a market with 3 bn people 3) Metaverse… it maybe a big failure or a big success. There is a fair chance it becomes huge 4) IoT security. For example, a car currently has more than 200 IoT devices. 5) The whole world of financial services, including insurance. Just look at the back offices of asset managers.
Wolfgang Männel, Blockchain Investor
The Investor Wolfgang Männel (https://www.linkedin.com/in/wolfgang-maennel/) has been working for 30+ years. He was born and raised in Franconia (https://en.wikipedia.org/wiki/Franconia), close to Nürnberg in Germany. Wolfgang started out in sales, started an agency and joined a consultancy (today Capgemini Invent). Surprisingly he had also a stint at a radio station, focused on classical music called Klassik Radio (https://www.klassikradio.de/). Klassik Radio is also the only public listed radio station in Germany. In between he was also an investor with 3i Group, at the time active in venture capital and private equity. He has also been an investor in turn-around cases during the subprime crisis.
If you have seen many crises before, you know how to react. I remember the 1987 Russian crisis, the Dotcom Crash, and more. … It was always followed by a long phase where it as difficult for startups to get any kind of financing. It took years to recover … but the only way after all the crisis was up. The valuations always went up after the recovery Wolfgang Männel, Blockchain Investor
He is the co-founder (senior partner) of Blockchain Founders Group BFG, a company builder and venture capital investor. You can apply here: https://www.f6s.com/ look for block rocket.
We are looking to be the first or second money in, even pre-revenue. Most companies we invest in have an MVP. Wolfgang Männel, Blockchain Investor
Further Readings / Additional Resources · 1987 Dissolution of the Soviet Union: https://en.wikipedia.org/wiki/Dissolution_of_the_Soviet_Union
· Dot-com bubble https://en.wikipedia.org/wiki/Dot-com_bubble
· Sub-Prime Mortgage Crisis https://en.wikipedia.org/wiki/Subprime_mortgage_crisis
· Here is the personality test 16 personalities: https://www.16personalities.com/
I turned to turn-around investing at the time of the sub-prime crisis. Wolfgang Männel, Blockchain Investor
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"We buy the on-site data from a good auditor and re-sell the data to other customers of this supplier."David Schneider, CEO and Co-Founder Qualifyze
Our Enabler Invest-in-Hessen This 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. Find it all here: https://techstartups.sounder.fm/
"I approached the company for an investment, and they sent me the chief of staff to vet the company. Over a few beers he decided to join me as co-founder, but the company never invested."David Schneider, CEO and Co-Founder Qualifyze
The Founder This time our guest is David Schneider (https://www.linkedin.com/in/%F0%9F%87%BA%F0%9F%87%A6dr-david-schneider-1100a066/), Founder and CEO of Frankfurt-based Qualifyze (https://www.qualifyze.com/), a startup that helps in the chemical and pharma industry with audits. David did see a lot of places while studying in the Netherlands (Maastricht, Rotterdam), National University of Singapore and Università Bocconi in Italy. He was also and intern with JP Morgan in investment banking in London, Rothschild in Frankfurt, or BASF in Ludwigshafen. Before starting his own company, he was working as a consultant for more than 3 years. He tried to attract investment from a steel trading company, and he convinced the person the company sent to become his co-founder.
The Startup Qualifyze (https://www.qualifyze.com/) started out as a marketplace for commodity chemical products, called ChemSquare in 2017. They soon realized that in the chemical and pharma industry the required suppliers’ audits are a big hassle and they pivoted to help their clients with digitizing them. These audits are essential for supply chains in the chemical and pharma industry, where faulty ingredients can lead to deaths or damage to equipment or nature.
"We decided to get the supplier qualification on our platform to make the chemical platform work and it turned into a new business model." David Schneider, CEO and Co-Founder Qualifyze
Venture Capital Funding They raised a Series A funding round, led by HV Capital of 14 mn US$, which was disclosed in November 2021.
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Welcome to This Month in GSA Startups - meaning Germany, Austria and Switzerland, for February 2022 by Startuprad.io - in a news recording with Chris from New York City and me Joe, from Frankfurt am Main. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in syndication with our very own station www.startup.radio, our partner station IBGR.Network and the Fundscene blog.
We recorded this new episode on Tuesday, February 22nd, 2022. Today we bring you everything from a new Switzerland-based unicorn to a new take on quick delivery - pardon the pun.
We start out with mega-deal in Gaming: ESL Gaming is sold for 1bn US$, Munich-based Fintechsystems is sold for 120 mn € and Aachen-based Next Ego may accomplish THE turnaround of the whole year, coming out of insolvency, they are looking to list via SPAC, valued at 1.5 bn €. Switzerland has a new unicorn, congratulations to Scandit, Gorillas wants to buy a french competitor and is thinking about a SPAC deal. Also, we have a large update on neobanks in Germany, and they are not all doing well.
Let's talk startups:
https://medium.com/@startuprad_io/this-month-in-gsa-startups-february-2022-44520c52b1eb
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A Joint Audio-Only Podcast This is the first joint radio program and podcast of IBGR and the Startuprad.io podcast with its radio program Startup.Radio. You may know that IBGR and Startup.Radio are syndication partner, almost from the start of Startup.Radio. I, therefore, welcome William Eastman, founder of the IBGR Network, everybody calls Bill.
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What we have learned Today we bring you insights from Atomico’s State of European Tech 2021 - an annual survey of startups all over Europe taking place annually since 2015. This survey may be the most comprehensive, repeated overview of the European startup and tech scene. This survey is a joint endeavor by Atomico, a London-based VC and PE fund, as well as the annual Slush tech festival in Helsinki, Finland. And, guys, you know a tech festival has to be good, if it can lure people to the freezing cold Helsinki in December. They also add data from providers like S&P and Dealroom in the mix. Startuprad.io had Dealrooms Founder in an interview btw.
This is just a start This is just a starting point for you to discover the whole report on your own. It spans more than 350 pages, so we can not give you all the information here. The bottom line is … I would say: The whole continental ecosystem all over Europe has been lacking behind the US and China for quite some time. It looks like they have started to catch up in a big way, despite corona. We see this in increases in the number of investors, startups, fundings (number and size), and the increase in the uni/decacorn herds. The authors see a potential for the whole ecosystem that is now worth 3 Trillion US$ to be worth 24 Trillion US$ in 2030.
Learn More here: https://www.startuprad.io/blog/what-we-have-learned-from-atomicos-state-of-european-tech-survey-audio-only/
Feedback is always welcome: Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” Google Form for Feedback
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We focus on everything, besides the large solar parks, which is actually 99% of the overall market. Johannes Burgard, Founder and CEO of SOLYTIC
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The inefficiencies of small solar installations … kind of smacked me in the face. Johannes Burgard, Founder and CEO of SOLYTIC
The Founder
We talk to Johannes Burgard (https://www.linkedin.com/in/johannesburgard/), CEO and Founder of Berlin-based SaaS startup SOLYTIC (https://www.solytic.com/). Johannes started out with studying engineering, with stints in Chile and London. After graduation he worked at Airbus, did an MBA and then started out with his entrepreneurial journey. Johannes had his first contact with solar cells during his graduate studies, which really did not let him go afterwards. He worked in a large corporate in project efficiency, which made him aware of all the inefficiencies in small solar installations. To help the small solar owner he decided to found SOLYTIC.
We analyze the performance and efficiency of small solar installations with our analytics software. Johannes Burgard, Founder and CEO of SOLYTIC
The Startup
SOLYTIC (https://www.solytic.com/) is a software-only company. They provide analytics services to small PV installation owners as Software as a Service, to improve effiency. The company merged early on with another solar software company, which lead to five founders in total.
Solytic focuses on decentralized solar installations (everything except large solar parks).
We want to provide an end-to-end solution. We offer a marketplace with suppliers connected to the analytics software. Johannes Burgard, Founder and CEO of SOLYTIC
Venture Capital Funding
Solytic has already raised 6,5 mn Euros Venture Capital. They closed their first round in December 2017. They closed their Series A funding in February 2020. At the time of the interview Solytic is fundraising and they intend to close the round at the end of Q1 2022.
We work B2B. We don’t approach customers directly, but we are working with the service providers of the small installation owners. Johannes Burgard, Founder and CEO of SOLYTIC
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This Month in German Startups - January 2022
Happy New Year guys! Welcome to This Month in German Startups in January 2021 by Startuprad.io - in a news recording with Chris from New York City and me Joe, from Frankfurt am Main. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in radio syndication with our very own station www.startup.radio and our partner IBGR.Network.
We recorded this new episode on Monday, January 24th, 2022. All news not yet included here will be published in our next news episode. There will also be a special episode on Atomico’s State of European Tech 2021 together with Bill, the founder of the IBGR Network, as an audio-only podcast.
This is a new year with 365 blank new pages, so let's write the best story possible.
Our highlights: The last year was amazing for the German startup scene, there are now officially 25 unicorns and we feel that there will be more. 60 mn for sunfire from the federal government, Go Student’s tutors and students start to critique the company, Tado is looking to IPO via a SPAC. Also Cherry Ventures had been good in snatching up stakes in unicorns early. Now Cherry raises their 4th fund.
Let's talk startups:
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Startuprad.io is globally a Top 75 Science Podcast, Top 125 Tech Podcast, and Top 650 Business Podcast (Chartable.com)
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Our EnablersInvest-in-Hessen
This 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. Find it all here: https://anchor.fm/techstartupsgermany
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All show notes and news links are here: https://www.startuprad.io/blog/this-month-in-german-startups-germany-austria-switzerland-january-2022/
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We try to do for books, what Spotify is doing for music and Netflix is doing for movies: A personalized recommendation. Ben Kohz, COO and Co-Founder READ-O
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There are over 70.000 newly released books in Germany alone each year. How can you find the next book to read? Ben Kohz, COO and Co-Founder READ-O
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There were years in my life – around the Harry Potter time – I read a lot of books. I stopped because I could not find more books to read. Ben Kohz, COO and Co-Founder READ-O
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We assume there are more than one million reviews for Harry Potter and the Philosopher's Stone (Book 1) alone. Ben Kohz, COO and Co-Founder READ-O
Partnership with CONTENTshift
This interview is in association with CONTENTshift, the accelerator program of the Association of the German Book Publishers & Booksellers. You can learn more here https://www.contentshift.de/. The winners are announced during the Frankfurt Book Fair each year https://www.buchmesse.de/en. The accelerator program aims to push the boundaries of publishing.
The next application phase is just around the corner. Have a look: https://www.contentshift.de/en/contentshift/news/two-startups-share-first-prize-at-contentshift-2021-congratulations-to-bottalk-and-read-o
We tried to find out, why do you read? … You want to feel emotions. … So, we want to find out which emotions are stimulated by which books. That is why we came up with an emotional profile. Ben Kohz, COO and Co-Founder READ-O
The founder
We interview Ben Kohz COO (https://www.linkedin.com/in/ben-kohz-547024137/) and Co-Founder of READ-O (https://read-o.com/), one of the two winners of the 2021 CONTENTshift accelerator program. Ben studied political sciences but ended up in the food industry after graduation. He started to put up vending machines for farm produce in Munich.
We are currently working in German, but our AI can analyze more languages. Ben Kohz, COO and Co-Founder READ-O
The Startup
The startup READ-O (https://read-o.com/) is an app, that allows you to discover new books, based on administration. The app does this by applying AI. The AI of READ-O deduces an emotional profile of a book from the reviews on the internet. With their technology, they can establish a profile with even 10 reviews.
Each review for us has the same value, from a normal person or the New York Times. Ben Kohz, COO and Co-Founder READ-O
Venture Capital FundingREAD-O is currently raising close to 1 mn US$ in new funding. Half is already committed. They want to finish fundraising end of March.
Our AI analyzes the reviews and the contained emotions. Ben Kohz, COO and Co-Founder...
"If you can order a pizza with an AI bot, … you should also be able to order the analysis of a company with an AI bot." Pavol Sikula, Founder and CEO AskBrian.ai
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"The first skill was actually “AskBrian, tell me a joke”" Pavol Sikula, Founder and CEO AskBrian.ai
Our Cooperation with the German AI Association (KI Bundesverband)
This is the first interview in our series with the KI Bundesverband (https://ki-verband.de/en/), Germany’s association for artificial intelligence. The association has 350 members consisting of startups, experts, and corporates. KI Bundesverband is therefore one of Germany’s largest associations dedicated to AI, with members from AgTech, Fintech, BioTech, Cybersecurity, Manufacturing, Logistics, and many more fields of business. In the interview series, we will have members of the association giving you a glimpse in what is going on in AI in Germany.
The Founder
Our interview guest this week is Pavol (https://www.linkedin.com/in/pavol-sikula/), CEO and Founder of AskBrian (https://www.askbrian.ai/) a virtual AI assistant for professionals. The idea of AskBrian stems from Pavol’s background in management consulting, where he spent more than a decade with Roland Berger and Stern Steward & Co, in restructuring. In his spare time, Pavol is also a kid’s soccer coach.
"All of our data is securely hosted, GDPR compliant, in Germany." Pavol Sikula, Founder and CEO AskBrian.ai
The Startup
AskBrian is the AI assistant for busy professionals like management consultants or investment bankers. It helps by automating everyday tasks like listed and private company profiles, translations in multiple languages, making PowerPoint more attractive, and converting documents e.g. PDFs and Pictures to the format of your choice e.g. Word.
Venture Capital Funding
AskBrian closed already two funding rounds, for undisclosed amounts. They intend to raise another funding round in Q1 2022.
Original Post
Find all links and show notes on the original post here: https://www.startuprad.io/blog/askbrian-is-the-digital-assistant-all-busy-professionals-need/
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HoHoHo Welcome to This Month in German Startups in December 2021 by Startuprad.io - in a news recording with Chris from New York City and me Joe, from Frankfurt am Main.
We recorded this new episode on Monday, December 20th. All news not included here will be published in our next news episode. There will also be our annual Fintech Review on December 25th and we will be back with an AI startup interview on January 13th. So we take a few weeks off around the holidays. Happy Holidays!
We are not there yet, so let's get started:
Today we bring you another new unicorn, a monster funding of 266 mn US$ at Mambu, Volocopter calls off its SPAC IPO and gets a backlash from its early crowd investors, also Jokr is now the 3rd quick delivery unicorn - in record time - and we have an update on Sono Motors. We also take a look at the State of European Tech survey by Atomico and several news pieces on the German Venture Capital Market, as well as VC in general.
Let's talk startups:
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Enablers Invest-in-Hessen
This 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. Find it all here: https://anchor.fm/techstartupsgermany
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Find all links and extensive show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2021/
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“To accelerate our growth, we need to buy companies” Pascal Lauria, founder and CEO Cogia
Our Sponsor Invest-in-Hessen
This 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. Find it all here: https://anchor.fm/techstartupsgermany
“My goal is 10 mn Euros revenue. To reach this we need to keep buying [companies]” Pascal Lauria, founder and CEO Cogia The Founder
Pascal Lauria (https://www.linkedin.com/in/pascallauria/) has a very diverse background, raised in the Rhine-Main-Area his studies took him to Canada. He later worked in Taiwan, Silicon Alley (New York’s startup hub) and in Silicon Valley. He took his experience to go back to Frankfurt and set up Cogia there (https://www.cogia.de/?locale=en_us).
“Acquisitions are not always successful. We are very aware of that. We are working on it. For example, in our last acquisitions, we did not lose even one employee.” Pascal Lauria, founder and CEO Cogia
The Startup
Cogia Intelligence (https://www.cogia.de/?locale=en_us) is a big data, ai startup. It provides in its current setup innovative products and solutions in the areas of web and social media monitoring, market research, and open-source intelligence. The company Cogia GmbH is the startup, the company Cogia AG is the listed entity. Pascal started Cogia in 2010 but listed Cogia AG only in 2021 in Düsseldorf. Then the two entities merged and so Cogia GmbH got listed. You can learn more about the listed entity here: https://cogia.ag/de/investor-relations/
“With the access to capital markets I want to do one to two acquisitions per year.” Pascal Lauria, founder and CEO Cogia
Find all links and show notes here: https://www.startuprad.io/blog/cogia-just-ipoed-and-wants-to-use-the-access-to-capital-to-drive-market-consolidation/
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Welcome to This Month in German Startups in November 2021 by Startuprad.io - in a news recording with Chris from New York City and me Joe, from Frankfurt am Main.
We recorded this new episode on Friday, November 19th. All news not included here will be published in our December News (to be published on December 23rd). There will also be our annual Fintech Review on December 25th and we will be back with an AI startup interview on January 13th. So we take a few weeks off around the holidays. We are not there yet, so let's get started:
Today we have escooter Tier’s newest funding and acquisition, N26 pulling the plug on their US operations already in January 2022, and the amazing IPO of Sono Motors on NASDAQ. There are also new unicorns, we proudly present Frankfurt’s first unicorn, the insurtech Clark.de. Also, Razor Group (an Amazon shop buyer) becomes a unicorn with a 125 mn US$ fundraising. In November, there is no unicorn tracker. We will keep our eyes open and maybe the next news will have a unicorn tracker companion.
Happy Thanksgiving to our US audience!
Let's talk startups:
Find all links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-november-2021/
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This 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. Find it all here: https://anchor.fm/techstartupsgermany
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News Text and Show Notes
Find all links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-november-2021/
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Our software can assure, that the chip design you approve for production is correct. … we can guarantee that there are no bucks. Tobias Ludwig, CEO and Founder LUBIS EDA Subscribe Here
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I started with HTML and worked my way through to PHP and everything related to web. Tobias Ludwig, CEO and Founder LUBIS EDA
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The faster you can get the chips in production, the higher are your profit margins. The first company takes almost all of the profits in this industry. Tobias Ludwig, CEO and Founder LUBIS EDA The Founder
We interview the founder Tobias Ludwig (https://www.linkedin.com/in/tobias-ludwig-5b1274a0/), CEO and founder of LUBIS EDA (http://lubis-eda.com,https://www.linkedin.com/company/lubis-eda/). Tobias has developed software since he was 14, starting out writing websites. Ever since he was working, developing software, and studying. He also spent one year at Michigan State University on an exchange program. The company is an early-stage startup, providing software for the semiconductor industry, likely a game-changer for the industry.
If you have a problem with the design of your chips is faulty, you may only find out after you started production. Than you have to trash all the newly produced faulty chips Tobias Ludwig, CEO and Founder LUBIS EDA The Startup
The software of LUBIS EDA helps semiconductor producers to accelerate their production of new (http://lubis-eda.com,https://www.linkedin.com/company/lubis-eda/). In the chip industry, the first company to offer a new chip gets almost all the profits. Therefore, it is very important for semiconductor producers to be fast. The software of LUBIS EDA helps you to save up to 2 months in your development and assures your chip design is fault-free. With LUBIS EDA there is no need for starting over the chip development shortly before the production is about to start, since an error was discovered.
Conservative time savings estimate with our tool is 10%, which can go up to 20%. This may add up to two months in time savings. Tobias Ludwig, CEO and Founder LUBIS EDA Find all links and show notes here: https://www.startuprad.io/blog/lubis-eda-maybe-a-game-changer-for-the-semiconductor-industry/
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Welcome to This Month in German Startups by Startuprad.io – in a news recording with Chris (from New York City) and me Joe (from Frankfurt am Main).
Guys, it is October, it is getting colder outside and cozier inside, so we bring you another “Doppelpack”of our news recording! We bring you another bonus news episode as part of our news coverage of the German startup scene. We recorded this episode on October 25th, 2021, wrapping up October. This is a Bonus Episode following our special coverage of the unprecedented creation of unicorn startups in the German speaking startup scene!
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Find all the links to our sources and the show notes here: https://www.startuprad.io/blog/gsa-unicorn-tracker-october-2021/
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This Month in German Startups - October 2021
Welcome to This Month in German Startups in October 2021 by Startuprad.io - in a news recording with Chris (Back Home in New York) and me Joe, from Frankfurt am Main.
We recorded this new episode on October 25th. Note that there is also another episode of our unicorn tracker, getting published along with this episode in order to keep the news brief.
Today we have to announce that N26 reclaimed the title of Germany’s most valuable fintech (but not startup, that is still Celonis), Sono Motors is filing for an IPO in the US - ahead of even delivering their first car -, corona is leaving the first traces in the startup scene, less startups, but more funding for the surviving ones.
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Find our extensive collection of links, sources, and the whole show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-october-2021/
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A Look Inside the World’s First Law Regulating Autonomous Driving (Bonus Episode) The law should be the first one to govern autonomous driving globally. Jan-Philipp “JP” Günther-Burmeister, Lawyer Subscribe Here
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We don’t sell your data or spam you. We will even reach out to you before we include you in a scouting mandate.
The Expert
This is another episode in our subject matter expert interviews. This time we are joined by Jan-Philipp “JP” Günther-Burmeister (https://www.linkedin.com/in/jan-philipp-g%C3%BCnther-burmeister-4b3421106/), a Lawyer practicing for more than 5 years in Germany.
The New Law
The Federal Ministry of Transport and Infrastructure published a press release: Germany will be the world leader in autonomous driving https://www.bmvi.de/SharedDocs/EN/Articles/DG/act-on-autonomous-driving.html
Together with JP, we are talking about the newest update/amendment / Novellierung of an already existing traffic law. As we will see in the interview, not all aspects are covered yet and complete autonomous driving is not yet permitted, BUT the law allows for semi-autonomous driving with a remote controlling human taking over control if needed.
Lawyers are not sure yet about how many vehicles such a remote operator could control, but more than one is certain. This may open up opportunities for fleets for remote-controlled trucks, buses, cabs, and delivery vans steered by a handful of people with a normal workday, working in shifts from a control center, or even from home.
Find all links and show notes here: https://www.startuprad.io/blog/a-look-inside-the-worlds-first-law-regulating-autonomous-driving-bonus/
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Meet Edupression A Vienna-based App on Prescription A friend of mine suffered from depression and committed suicide. That is what got me started with Edupression Daniel Amann, Co-Founder and CEO Edupression Subscribe Here
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The Founder
In this interview, we talk to Daniel Amann (https://www.linkedin.com/in/daniel-amann-4a1b0711a/), the CEO and Co-Founder of Edupression (https://edupression.com/). Edupression is an anti-depression app from the greater Vienna area. Daniel has a background in financial services, where he held a lot of different positions with companies like Allianz or Raiffeisen International. One of his friends committed suicide, which drew his attention to depression.
So, he co-founded Edupression.
When you have a depressive episode, there is a 50% probability, that you will have another depressive episode. Daniel Amann, Co-Founder and CEO Edupression Want to be found by Business opportunities or contacted by new investors?
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The Startup
In total the founding team of Edupression (https://edupression.com/) are 4 co-founders, which spent approx. three years working on Edupression before the interview, including advice from the Medical University Vienna (https://en.wikipedia.org/wiki/MedicalUniversityof_Vienna).
Edupression is a certified medical product, as a stand alone therapy for mild to medium depression symptoms, stand alone or in combination with drugs or psychotherapy. The company plans to have the app available on prescription in January 2022 in Germany and Austria.
In the German-speaking area (Germany, Switzerland, Austria) there are approx. 8 million people suffering from depression. … It is also the same in the US, Canada or developing countries, around 7-8%. Daniel Amann, Co-Founder and CEO Edupression App Download
Apple’s App Store (https://apps.apple.com/app/id1562982041)
Google Play Store (https://play.google.com/store/apps/details?id=com.proappdev.edupressionwebmobile_app)
Venture Capital Funding
Edupression is currently looking to raise Series A funding for its international expansion in 2022. They would like to close the round end of 2021 or early in 2022.
Find all links and show notes here: https://www.startuprad.io/blog/meet-edupression-a-vienna-based-app-on-prescription/
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Welcome to This Month in German Startups by Startuprad.io – in a news recording with Chris (from New York City) and me Joe (from Frankfurt am Main).
Guys, it is fall and we are back from the summer break! We bring you another bonus news episode as part of our news coverage of the German startup scene. We recorded this episode on September 28th, 2021, wrapping up July, August, and September. This is a Bonus Episode following our special coverage from June!
Want to be found by Business opportunities or contacted by new investors? Get scouted by us, when we have a matching mandate and enroll your startup in our database: https://forms.gle/DmPtBKJH7MMmJoYo8 We don’t sell your data or spam you. We will even reach out to you before we include you in a scouting mandate.
Find all links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-september-2021-unicorn-tracker-bonus/
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Welcome to This Month in German Startups in September 2021 by Startuprad.io - in a news recording with Chris (Back Home in New York) and me Joe, from Frankfurt am Main. We recorded this new episode on September 28th. Not that there is also another episode of our unicorn tracker, getting published along with this episode. Have a look. This will be a bit longer recording. Best get a snack and a drink right now. The summer was hot here in Germany in terms of startups, but not so much in terms of temperature. Since we have the weather out of the way. Let's talk startups:
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Find all links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-summer-wrap-up-july-august-september-2021/
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Entrepreneur Tools #6 – How to Start Thinking About Your Corporate Culture You, as a founder will impact the culture, which than becomes a brand. Michelle Tsing, Entrepreneur, Investor, Mentor, Podcast/Radio Host
Entrepreneur Tools
This is a new series, within Startuprad.io’s YouTube Blog. We meet a lot of people and of course, we talk with some of them about the typical entrepreneur problems.
We are looking forward to your feedback.
I learned that humans are basically good. Michelle Tsing, Entrepreneur, Investor, Mentor, Podcast/Radio Host The Entrepreneur
Michelle Tsing (https://www.linkedin.com/in/laptopradio/) is an investor and entrepreneur. She hosts a weekly show on the Stanford University Campus radio, called Laptop Radio. She used to work at PayPal, Samsung, Cisco, and eBay. She is also a podcast host at Starting Y, based in Silicon Valley. In addition to that Michelle works with several startups as an advisor. She shares in our 6th episode of entrepreneur tools her thoughts about company culture and how to start thinking about it. Company culture is a very complex topic and we are just scratching the surface here, but it is a good point to start.
The culture is usually the founder … think about your vision, your mission, and the values you care about. Michelle Tsing, Entrepreneur, Investor, Mentor, Podcast/Radio Host Further Readings / Additional Ressources
Great examples
Every aspect of your company should correlate to your values. Embrace it not only in words but also in action. Michelle Tsing, Entrepreneur, Investor, Mentor, Podcast/Radio Host Helpful Books (Affiliate Links)
The Entrepreneur Tools Playlist
https://www.youtube.com/watch?v=NlF4aBwTomo&list=PLUbiCAQc22WtWCZ1yTVMvh56CcUbjC1bV
Feedback
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email
Find all the links and show notes here: https://www.startuprad.io/blog/entrepreneur-tools-6-how-to-start-thinking-about-your-corporate-culture/
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German Startup Awards 2021 – Special Award The secret to winning is to have the right vision. To bet on the right pattern. … the execution is a lot about the nitty gritty details. Lukasz Gadowski, Winner Special Award German Startup Awards Subscribe Here
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It is not desirable to sell a company. … there may be instances where it makes sense. … there are exceptions to every rule. Lukasz Gadowski, Winner Special Award German Startup Awards Media Partnership
This interview is in media partnership with the German startup association (Bundesverband Deutscher Startups https://deutschestartups.org/). Their German Startup Awards (GSA21) honor each year outstanding female and male founders and investors in special categories. You can learn more about the winners in our interview and on our website: https://germanstartupawards.de/
It always starts with a general pattern. … if you want to get ideas in a specific area, expose yourself to this area. Lukasz Gadowski, Winner Special Award German Startup Awards The Founder
In this interview, we talk to Lukasz Gadowski (https://www.linkedin.com/in/lukaszgadowski) (known as one of the co-founders of Delivery Hero (Lieferheld) or Mr Spex). He received a special award for his special merit with and for the German startup scene. Among his many ventures, he co-founded or is invested in are Spreadshirt, studyVZ, Point Nine Capital, brands4friends, Aroundhome, Vertical Media (Gründerszene), the escooter startup Circ, Volocopter, Enpal, Mr. Spex and of course, Delivery Hero. He works with his private investment company Team Europe https://www.teameurope.net/ During his interview he also shares insights in big enablers shaping the future, which will opening up opportunities for entrepreneurs. He also shares advice for entrepreneurs on how to win, even if you are entering a market late.
Congratulations to Lukasz! Tune in to the interview to learn more.
I think Circ went from zero to 1.000 employees in 15 months. That is what I would call hypergrowth. Lukasz Gadowski, Winner Special Award German Startup Awards Feedback
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email
Keep Up to Date
Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ
Find all the links and show notes here: https://www.startuprad.io/blog/german-startup-awards-2021-special-award-for-lukasz-gadowski/
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The Commissioner for Digital and Startups
In this interview we talk to Thomas Jarzombek (https://www.linkedin.com/in/thomas-jarzombek-a4227183/) a member of the German Parliament Bundestag, also the Commissioner for Digital and Startups of Germany and in charge of the newly started 10 bn startup program. Thomas is a member of the CDU, Christian Democratic Union, the party of chancellor Merkel. (https://en.wikipedia.org/wiki/Christian_Democratic_Union_of_Germany). Thomas has also been an entrepreneur before he was an elected official. He started out with implementing Windows 95.
Note: In the name tag in the YouTube video, we shorted this to “Digital commissioner”, due to the available space.
We want to get better in the commercialization of German innovations. Thomas Jarzombek, MdB, Commissioner for Digital and Startups How the money will be invested Note: There is a general election coming up in Germany on September 26th, 2021. This will lead to a new government since chancellor Merkel will retire. Therefore, another government may change this allocation. We also invest in rocket technology. We have been looking at what Elon Musk does with SpaceX and adapted some of his strategies. Thomas Jarzombek, MdB, Commissioner for Digital and Startups Investing Indirectly (as LP)
The new investment program is looking to invest 50% together with private investors, who also chip in the other half.
The program will invest in European VCs, focusing on Germany. They are looking for VCs, investing in Germany approx. the money they receive from the program.
The largest single investment will be as LP of the European Investment Fund, which will get 3 bn Euros (https://www.eif.org/).
HTGF will start the 4th fund with money from the program. Look in our show notes below for the interview with the CEO of HTGF. They raise funds with half of the money coming from the Government and half from private investors, which include already household names like Bosch, BASF, B. Braun, Boehringer, Deutsche Bank, Deutsche Post DHL, Lanxess, RWE, SAP, and many others. You can learn more about HTGF in our interview, see links below.
We have patient money and I expect the money to be spent over the next 10 years. Thomas Jarzombek, MdB, Commissioner for Digital and Startups Investing Directly: Deep Tech Future Fund
The Deep Tech Future Fund (https://deeptech-future-fonds.de/) is aiming to commercialize innovations from Germany. They are even investing in startups directly, who do not have a business model yet, for example working in quantum computing.
2 bn Euros will be managed by KfW in discretionary accounts to set up specific investment vehicles and their subsidiary Coparion (https://www.coparion.vc/). Part of the money will be managed in discretionary accounts. These vehicles can invest directly in startups.
We expect with our investment to double – with private investors approximately 2x – in the German startup scene. Thomas Jarzombek, MdB, Commissioner for Digital and Startups
https://www.startuprad.io/blog/meet-the-person-in-charge-of-germanys-e10-bn-startup-program/
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The Founder
In this interview, we talk to Denis Tudor (https://www.linkedin.com/in/denis-tudor-5737a394/) he is the CEO and Co-Founder of Switzerland-based swisspod (https://swisspod.ch/), a startup that aims to develop hyperloop tracks underneath the Swiss alps. Denis is a Forbes 30 under 30. He graduated valedictorian with a degree in engineering and went on to the Ecole polytechnique fédérale de Lausanne, Switzerland (https://www.epfl.ch/de/), to get his Ph.D.
Denis has always been fascinated by the Hyperloop idea from Elon Musk to a level, where he participated with a team in one of Hyperloops competitions. They won the best non-student design award out of more than 3.000 teams, who initially registered.
The idea kept fascinating him, which triggered him to founding swisspod.
Is your Startup in Need of A bank Account? - Affiliate Links
The Startup
swisspod (https://swisspod.ch/) is working on getting the Hyperloop underneath the Swiss Alps, transporting passengers with capsules of approx. 30 passengers.
SwissPod got a grant from the Swiss Government to set up the first testing facility for Hyperloops in Europe. Therefore their next step is to get this facility up and running and testing the idea and technologies needed
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Feedback
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email
Send in a voice message: https://anchor.fm/deeptechgermany/message
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Welcome to This Month in German Startups June 2021 by Startuprad.io - in a news recording with Chris (Back Home in New York) and me Joe, from Frankfurt am Main.
We are reporting live from Germany’s largest unicorn wave ever. We announce two new unicorns (Scalable Capital and Forto (formerly FreightHub)) and Germany’s first Decacorn Celonis, valued at more than 11 bn US$. The 2019 Unicorn Wefox raises large funding of 536 mn € (650 mn US$). About You IPOs for 23 €/share at 4 bn Euro (4.85 bn US$) AND Austria becomes a new most valuable startup with GoStudent (1.4 bn €, 1.67 bn US$), after they had their first unicorn only last month.
Plus SolarisBank is rumored to be in talks of a 100 mn Euro VC Deal, which would make them a unicorn as well, to buy up a competitor. Especially active in this frenzy of unicorn creation is Softbank from Japan and Tencent from China.
We have a special episode on the unparalleled unicorn creation, which is available on the same channels. If you want to know more about the new Decacorn and unicorns in Germany and Austria you want to listen to this episode as well. We keep here the coverage of unicorns to a minimum.
Note: This will be the last news recording before the summer break. There will be no regular news in July or August, but we will be back with news at the end of September, wrapping up the summer news.
We are soooooooooo looking forward to the summer that Joe even wears a Hawaii shirt. Be happy for your eyes if you are only listening to this podcast :-)
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Find all links, texts, and show notes here on our blog post: https://www.startuprad.io/blog/this-month-in-german-startups-june-2021/
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Welcome to This Month in German Startups by Startuprad.io – in a news recording with Chris (from New York City) and me Joe (from Frankfurt am Main).
This is a Bonus Episode covering the Unicorn Stampede in German-speaking countries. This recording is from June 29th, 2021 and all-new unicorns, formed afterward will be covered in our next news podcast, to be published End of September!
You may remember that we had another bonus episode last month covering the rise of Berlin-based fintech Trade Republic to become Germany’s most valuable startup? There is already a new king in the country with Celonis becoming Germany’s first Decacorn (valuation above 10 bn US$, here even 11bn US$). We also see that all of these monster fundings are driven by international investors, especially Softbank from Japan and Tencent from China.
Find all links and show notes on our blog post here: https://www.startuprad.io/blog/bonus-this-month-in-german-startups-unicorn-stampede/
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Meet Palturai – The Google of Business Data We used to store data in paper-based handwritten cards. We bring this to the 21st century … so you can get some great insights from it. Tilo Walter, CEO and Founder Palturai Subscribe Here
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You can use our tool for example in the KYC process. Tilo Walter, CEO and Founder Palturai The Founder
We talk in this interview to Tilo Walter (https://www.linkedin.com/in/tilo-walter-18b90567/), the CEO and Founder of Frankfurt-based business intelligence platform Palturai (https://palturai.com/?lang=en).
Tilo first started out with an apprenticeship at a bank, after studying industrial engineering he was a consultant and then spent quite some time working in Germany’s largest credit bureau called Schufa.
This gave him the idea of Palturai, which allows one to aggregate important business data to companies.
We have data from more than 7 mn companies, from public sources, building a graph with more than 1 bn relations. Tilo Walter, CEO and Founder Palturai Is your Startup in Need of a Bank Account? - Affiliate Links
The Startup
Palturai (https://palturai.com/?lang=en) is a business intelligence platform, aggregating important data about companies in their database. The company provides the information as a business graph. The name also originates form a Hungarian mathematician named Pál Turán, who contributed a lot to graph theory (https://en.wikipedia.org/wiki/P%C3%A1l_Tur%C3%A1n). The company was founded in 2014, but re-branded in 2020 with the opening of its first international location close to Philadelphia.
We have been bootstrapped, but with the international expansion we needed a proper funding round. Tilo Walter, CEO and Founder Palturai Funding Round
Palturai raised 4 mn Euros Series A investments, and their investors include a German bank and SBI Holding (Softbank’s Berlin entity).
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With the outbreak of corona, all of our US expansion plans have been blown to pieces. We had to change our strategy fast. Tilo Walter, CEO and Founder Palturai
Learn more here: https://www.startuprad.io/blog/meet-palturai-the-google-of-business-data/
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The Founder
In this interview, we talk to Gordian Braun (https://www.linkedin.com/in/gordianb/?locale=en_US), the CEO and co-founder of onetool (https://onetool.co/), a Berlin-based cloud startup. The startup is also a Y-Combinator Alumnus ( https://www.ycombinator.com/companies/onetool ), and an alumnus of the German Accelerator program (https://www.germanaccelerator.com/companies/#onetool).
Gordian already had great experiences in his life before he even started onetool. He founded companies before, including one in Austin, TX. He worked at a VC, as an investment scout and is currently a member of the Forbes Technology Council.
Other solutions allow you to do similar stuff, after up to 6 months of working to integrate them. Our tool only takes you about an hour. Gordian Braun, CEO and co-founder onetool The Startup
onetool (https://onetool.co/) was founded by Gordian since he always ran into the same problem: What accounts did the employee use, that just left. How can I make sure I don’t overspend and no one has access to my customer's data, that is not working here anymore?
Our customers usually use only cloud-based tools, so basically all modern startups. Gordian Braun, CEO and co-founder onetool Venture Capital Funding
The company already counts amongst its investors HTGF. They have already raised more than 1.6 mn Euro in Venture Capital. Likely they will look for a new funding round “very soon” according to Gordian.
We got an email “You are invited to the final interview for Y-Combinator”. Oh, yeah it looks like we applied Gordian Braun, CEO and co-founder onetool Find all the links and show notes here: https://www.startuprad.io/blog/onetool-helps-to-cut-your-saas-costs/
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Meet the Startup NanoStruct, they are listening to Molecules We are working in structures the size of nanometers. The average piece of paper is about 100.000 nanometers thick. Henriette Maaß, CEO and Co-Founder NanoStruct
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The Founder
We talk to Henriette Maaß (https://www.linkedin.com/in/henriette-maa%C3%9F-608792142/), co-founder and CEO of the startup NanoStruct. During her Ph.D. in solid-state physics, she looked at the electronic state of materials. She founded NanoStruct (https://www.nanostruct.eu/en/home-english/)during her post-doc at university.
Henriette went on record here to admit that she is a Star Wars and Star Trek fan.
Looking to enter the German or European market? - Affiliate Links
The reproducibility of nanostructures is normally not good. We can re-produce them more reliable. Henriette Maaß, CEO and Co-Founder NanoStruct The Startup
The idea of NanoStruct came when Henriette talked to her co-founder, who pursued his Ph.D. using spectroscopy as well, but another method. They are working on nanostructures like normal antennas but in nanometer sizes. The antennas function for frequencies of visible light, for which they have a reliable way to produce them over and over (which is not common for nanostructures). Their product can be used to search for contaminations like in biotech, pharma, or the food industry. You can learn more on their company website https://www.nanostruct.eu/en/home-english/
They are planning to do the production themselves since their production is neither expensive nor complex.
Don’t be scared of physic, it is actually a lot of fun Henriette Maaß, CEO and Co-Founder NanoStruct Venture Capital Funding
NanoStruct is currently running on a federal grant for transferring research results into feasible products. They are looking for similar follow-up funding, until mid-2022, when they would rely on external investors. They are currently just starting to reach out.
Affiliate Links
Find all the links and show notes here: https://www.startuprad.io/blog/meet-the-startup-nanostruct-they-are-listening-to-molecules/
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Entrepreneur Tools #4 – How to build a tech team
You need to educate the US companies on what is possible and not possible in an employment contract in Germany. Tim Heathcote, Headhunter Subscribe Here
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Entrepreneur Tools
This is a series, within Startuprad.io’s podcast and YouTube blog. We meet a lot of people and of course, we talk with some of them about the typical entrepreneur problems. Sometimes an entrepreneur solves known problems in a very systematic way or can help us to find solutions to typical entrepreneurs’ problems. We will talk to him or her and bring you these recordings as entrepreneur tools. We are looking forward to your feedback.
The Entrepreneur
Tim (https://www.linkedin.com/in/timheathcote/) is an English ex-pat living in Frankfurt, making a living as a headhunter in the tech and startup space. He has founded Rebel Soul Recruitment (https://rebelsoulrecruitment.com/)
Looking to enter the German or European market? - Affiliate Links
The number one complaint of US companies, setting up shop in Germany, are the number of holidays. Tim Heathcote, Headhunter Here is a little warp-up: The headhunter must:
Find all the links and show notes here: https://www.startuprad.io/blog/entrepreneur-tools-4-how-to-build-a-tech-team/
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Welcome to This Month in German Startups by Startuprad.io - in a news recording with Chris (Back Home in Germany) and me Joe, from Frankfurt am Main.
Today we are wrapping up May 2021 for you. We talk about the massive Trade Republic funding, making them Germany's most valuable startup. We are talking about SPACs again, Germany’s institutional funds investing in crypto, and 3 bn shots of the corona vaccine. As always, we have a great show for you!
Housekeeping - Time to brag
Stay safe everyone!
Top News Trade Republic is now Germany’s most valuable startup with 5.3 bn US$ SPACs
In the US the largest wave of SPAC IPOs is already behind us, but in Europe, it is just gaining speed. Frankfurt Stock Exchange expects up to 20 SPAC IPOs in 2021. In all of Europe, they expect more than 30 https://buff.ly/3h0mMqS
Amazon Shops are still HOT
Berlin’s Razor Group raises $400M to buy and scale Amazon Marketplace merchants – TechCrunch https://buff.ly/2PVJULY
Germany rumored to open flood gates to Crypto Investments - Think again
'Damn Huge': Germany Opens Up to Institutional Crypto Funds - Decrypt https://buff.ly/3vvX3dU
Joe will talk about this soon - as soon as he gets to it - but the main point one has to understand in German institutional funds is that the investors are regulated and not so much the vehicles.
3bn Shots are coming
Corona vaccine producer BioNTech is looking to produce 3bn shots https://buff.ly/2RHzXlA
We just passed a small moment in History
80 years ago, on May 11th, 1941 german inventor Konrad Zuse started his Z3. This was one of today's first - maybe The first - modern-day computer. He developed it, to take over statistical calculation he found tiresome https://buff.ly/3eEJ3sB
Find all other show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-may-2021/
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
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Find all options to subscribe to our podcast, listen to our internet radio station, or follow us on social media here: https://linktr.ee/startupradio (you also find a link to our audrec board, where you can suggest startups)
The Founder
We are talking to Jörn-Philipp Plies (https://www.linkedin.com/in/plies/) CEO and Co-Founder of eye2you (https://eye2you.ai/).
Philipp started out his professional life with an apprenticeship and moved to study at Technical University Darmstadt (TU Darmstadt, https://en.wikipedia.org/wiki/Technische_Universit%C3%A4t_Darmstadt) computer science and robotics.
While working on his final diploma thesis, he became interested in visual recognition and finally the eye. This led him to take on his Ph.D. at the University of Tübingen, studying how the brain processes visual information.
Affiliate Links
The Startup
The story of eye2you (https://eye2you.ai/) started at Korea University (https://en.wikipedia.org/wiki/Korea_University), with a project for development aid projects in Ethiopia. Now the company is incorporated in Tübingen Germany and works on AI algorithms to recognize diseases in pictures of the retina.
They are working on empowering general physicians, nurses, or caretakers to perform a basic checkup with their software. Groups at risk for retina diseases are people with high blood pressure or diabetes.
Here is an explainer video for more details: https://youtu.be/nWFbvuYC2PY
Venture Capital Funding
The startup already closed the pre-seed funding round, currently having 5 FTEs and one working student.
Affiliate Links
Learn more: https://www.startuprad.io/blog/eye2you-converts-smartphones-in-simple-medical-retina-scanners/
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Welcome to Startuprad.io,
we cover the German-speaking startup scene since 2015 with our franchise. Since 2019, we eased access to the German-speaking startup scene further with our special interest podcasts Fintech Germany, Blockchain Germany, Deeptech Germany, and German Startup News.
We have been called "The Authority on German Startups" and are a Top 0.5% global podcast, according to Listen Notes. Chartable.com scored us in 2020 a global Top 100 Science Podcast, a global Top 150 Tech Podcast, and a global Top 750 Business Podcast.
You can learn more here: https://linktr.ee/startupradio
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Entrepreneur Tools Episode 3
This is a new series, within Startuprad.io’s YouTube Blog. We meet a lot of people and of course, we talk with some of them about the typical entrepreneur problems. Sometimes an entrepreneur solves known problems in a very systematic way, which we find great, or has great insights. In both cases, we will talk to him or her and bring you these recordings as entrepreneur tools. We are looking forward to your feedback.
This time we talk to Simon Stengelmeier (https://www.linkedin.com/in/simonstegelmeier/), also known as The Data Warrior (https://thedatawarrior.com/). This time we are talking about service design and marketing. Tune in to learn more.
Jobs to be Done (including Affiliate Links)
Put Value First
Know Your Target Audience / Create a Customer Avatar
Craft Your Message
Your Signature Solution
3 Steps to Success: How To Structure & Sell Your Services
Find the complete show notes here: https://www.startuprad.io/blog/bs-free-service-design-data-driven-business-solution-entrepreneur-tools-episode-3/
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
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MOIN! Media Partnership
This podcast is in media partnership with the Hamburg-based startup blog Hamburg Startups (https://www.hamburg-startups.net/).
The Founder
We talk to the Hamburg-based founder Dennis Ahrens, the CEO and Founder of Spacific (https://www.linkedin.com/in/dennisahrens/). Spacific offers a software for augmented reality glasses to measure objects within rooms (https://www.spacific.de). Dennis has been involved in several companies, before starting his startup, one stop including staying for almost 13 years.
Dennis discovered his fascination for augmented reality while working in a project where AR devices have been used to measure stairs to build in stair lifts (https://en.wikipedia.org/wiki/Stairlift).
Affiliate Links
The Startup
Dennis founded his startup Spacific (https://www.spacific.de/) with customer service engineers in mind, who work for B2B companies.
The startup works on possibilities to measure objects inside a room. This would enable service engineers to put on their AR glasses and measure objects (e.g. lifts, forklifts, …).
Spacific is working on a self-service portal, for their business customers. There the Spacific clients can tailor their specific needs and processes with a work-flow-configurator, making their customer service better and fast than their competitors’.
Venture Capital Funding
Currently Spacific is funded by the savings of Dennis and funding from the City of Hamburg. They would be open to talking to external investors.
Further Readings / Additional Resources
Joe refers during the interview to this book: The world is flat (book) (AL): https://amzn.to/3hgWyQH
If you are curious, here is a Hololens (as Affiliated Link AL) on Amazon: https://amzn.to/3y2t7Io
https://www.startuprad.io/blog/spacific-allows-you-to-measure-objects-with-ar-glasses/
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Today we are wrapping up April 2021 for you. We talk about SPACs, which have been all the rage, but now they get to work. We bring you news about potential SPAC deals with Solarisbank, Infarm, Lilium, and Volocopter. The first three eying a valuation of more than one billion. Also, we have a Gorilla Unicorn.
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
We talk to Fabian, the CEO, and Co-Founder of Munich-based e-bot7. Fabian is an early thought leader in chatbots, ai, and NLP.
Fabian is not only the founder of a successful company and a Forbes 30 under 30, he is also the co-founder of a tech blog called Chatbot News Daily and he is also a DJ, having worked with the likes of DJ Tiesto.
Next to all this Fabian and e-bot7 have been founding members of the KI Bundesverband, the German Association for Artificial Intelligence, Germany’s largest AI network.
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
The FounderThis time we talk to Florian Biller the CEO and co-founder of Munich-based proptech startup Capmo. Florian spent quite some time studying abroad at Tel Aviv University in Israel, the University of St. Gallen in Switzerland, as well as in the US at the American University and UC Berkley. He also worked at Roland Berger, Deutsche Börse, Microsoft, BMW and at the sports startup Feeletics.
"Construction is likely the biggest industry in the country of the people listening or watching, but it is also likely the least digital industry."
Florian Biller, CEO and Co-Founder Capmo
The StartupConstruction sides are usually littered with large and bulky paper-based construction plans. It is also a hassle to keep all people up to date with recent changes, especially on larger constructions
The biggest challenge in construction is not the design, but the execution. That is where we help.
Florian Biller, CEO and Co-Founder Capmo
Learn more here https://www.startuprad.io/blog/proptech-capmo-replaces-pen-and-paper-with-digital-workflows-and-smart-construction-analytics/
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Television.ai helps with ai to generate automatic trailers or short spots for tv programs, independent productions, and much more.
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This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Today we are wrapping up March 2021 for you. We talk about Austria’s first unicorn Bitpanda, a Samwer attempt at a German Tesla, SPACs, indoor farming, open positions at N26, and much more.
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Flash Update
Hey guys, we are posting this short podcast just to keep you up to date on what Startuprad.io is doing.
You may know that we have special interest podcast (link to subscribe below) like Fintech, Deep Tech, Blockchain and for our Startup News? We are also a YouTube Blog (link below).
We also launched with our friends from Starting Y, Laptop Radio, Radio Free Enterprise and the IBGR Network the worlds first internet radio station dedicated to startups and tech companies on February 18th 2021. We are currently still in beta, but our Alexa Skill should be ready soon, as well as our listing on several radio directories.
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· Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
· Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
Feedback
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
The InterviewerThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
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This podcast uses the following third-party services for analysis:
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Mirrakoi Helps Surgeons with 3D Models and 3D Prints to Prepare for SurgeriesWe are focusing with our technology on bone structures at the moment, … especially surgeries to reconstruct bones.
Pablo Garcia-Amorena, CEO and Co-Founder Mirrakoi
Subscribe HereFind all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio
The FounderIn this interview, we talk to Pablo Garcia-Amorena (https://www.linkedin.com/in/pablo-garcia-amorena-711518166/). He is originally from Barcelona, where he studied Mathematics and Engineering as a double major. He than went on to the Swiss Federal Institute (École polytechnique fédérale de Lausanne). Within their program he was focusing on processing data from medical devices, where he met his two co-founders of Mirrakoi.
You can also learn more about Pablo here:
https://www.researchgate.net/scientific-contributions/Pablo-Garcia-Amorena-2118645293https://mirrakoi.com/author/pablogarciaamorena_mirrako/
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3dLooking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye The StartupThe startup is called Mirrakoi (https://mirrakoi.com/ https://www.crunchbase.com/organization/mirrakoi-sa) and is in a broader sense a medtech startup. The startup helps surgeons to prepare for important operations with 3D printed models or virtual reality. They even help to 3d print assistance tools to help the surgeons with their job.
They are currently helping surgeons with the preparation of reconstructive surgeries, like the reconstruction of faces after car accidents.
For research projects, they are 3d printing what they call “surgical guides”. For example, these guides help to guide the drill of the surgeon to drill at the right point and depth during surgery.
We are focusing on models for pre-operation. Our models will right now not end up in the patient, but we have a research project for that.
Pablo Garcia-Amorena, CEO and Co-Founder Mirrakoi
Venture Capital FundingMirrakoi is currently bootstrapped but will soon be looking for an external investor.
Health Venture Labs (Budapest)In this small section we talk to the accelerator program Health Venture Labs (HV Labs), and its co-founder Daniel Szemerey (https://www.linkedin.com/in/daniel-szemerey/). HV Labs is the program Mirrakoi went through. If you are curious, they are looking for startups for their next intake: https://hvlab.eu/. As stated in the interview, they have a preference for medical imaging startups.
Part of their program is also a chance to dip in the Boston medtech startup hub.
Further Readings / Additional ResourcesCT Scans: https://en.wikipedia.org/wiki/CT_scan#:~:text=A%20CT%20scan%20or%20computed,of%20a%20body%2C%20allowing%20the
MRT Scans: https://en.wikipedia.org/wiki/Magnetic_resonance_imaging
X-Ray:
You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
EVITADO avoids collisions of planes on the ground –Using Lidar“The direct costs to repair a plane, after a ground collision usually runs least at 250.000 Euros. Not included are indirect costs like delays in schedule or revenues lost”
Alexander Kasinec, Co-Founder Evitado
Don’t Miss Any Blog Post, Video, or Audio PodcastSubscribe to our newsletter on Substack here: https://startupradio.substack.com/subscribe
“We found that ground collisions of planes happen on average one or two times a month”
Alexander Kasinec, Co-Founder Evitado
Media PartnershipThis podcast is in media partnership with the Hamburg-based startup blog Hamburg Startups (https://www.hamburg-startups.net/). They keep you up to date on the local startup scene in Hamburg, they organize regular events (in normal noncorona times) AND they do have a special section on food startups as well. Even if you are not able to speak German, a visit with an auto-translate is worth it, since they also have an extensive directory of local startups on their website.
“I guess I am a bit an aviation geek myself”
Alexander Kasinec, Co-Founder Evitado
The FounderJoe talks to Alexander Kasinec (https://www.linkedin.com/in/alexander-kasinec-87715866/), co-founder of the Hamburg-based startup EVITADO (https://evitado.io/). Alex is an American, who co-founded the company in Hamburg. He started learning German in 8th grade already, spent time during his studies in Germany, and did an internship in Germany as well. He then ended up getting a master’s degree in Hamburg, where he met his co-founders.
“There are some pretty big [aviation] companies here in Hamburg. That is why we decided to stay here.”
Alexander Kasinec, Co-Founder Evitado
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3dLooking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye “There was a list in 2017 by the FAA and one of the pain points were collisions on the ground by planes for example with hangars”
Alexander Kasinec, Co-Founder Evitado
The StartupEvitado (https://evitado.io/) provides a warning system for planes pulled on the ground, so the drivers of these pushback tractors do not collide with other planes on the ground, hangar doors and so on. Their system is based on Lidar and offers the drivers a Birdseye view of their plane and vehicle.
The idea of Evitado was developed by Alex and his co-founder, who met during their MBA. They made it in the finals in a pitch competition, which gave them their hint that their idea may be much more than just a hobby.
“Hamburg is the world’s third-largest hub for the aviation industry, behind Seattle and Toulouse in France”
Alexander Kasinec, Co-Founder Evitado
Venture Capital FundingEvitado is looking for 750.000 € as a seed funding round. They would like to close the round end of June 2021.
“Our system is based on Lidar technology”
Alexander Kasinec, Co-Founder Evitado
The Audio InterviewThe Audio Podcast will be published at the same time. Please give us a bit to post the Spotify link here. In the meantime, you can subscribe to our podcasts here
“We would love to integrate our software in the Microsoft Flight Simulator. It is a
KONVOI Helps with AI and Sensors to Prevent the Theft of Truck CargoEach year cargo is stolen from at least 26.000 trucks each year in Germany, worth 2.2 bn Euros.
Heinz Luckardt, Co-Founder KONVOI
Don’t Miss Any Blog Post, Video, or Audio PodcastSubscribe to our newsletter on Substack here: https://startupradio.substack.com/subscribe
… there is organized crime stealing from parked trucks. … We want to be preventive, before the theft happens.
Heinz Luckardt, Co-Founder KONVOI
Media PartnershipThis podcast is in media partnership with the Hamburg-based startup blog Hamburg Startups (https://www.hamburg-startups.net/). They keep you up to date on the local startup scene in Hamburg, they organize regular events (in normal non corona times) AND they do have a special section on food startups as well. Even if you are not able to speak German, a visit with an auto translate is worth it, since they also have an extensive directory of local startups on their website.
Our solution will be a combination of hardware and software.
Heinz Luckardt, Co-Founder KONVOI
The FounderIn this interview, we talk to Heinz Luckardt (https://www.linkedin.com/in/heinz-luckhardt-a77a351a0/), Co-Founder of Hamburg-based startup KONVOI. He is originally from Frankfurt, but his studies took him to Hamburg University, where he met his co-founder. But Heinz has already traveled the world, he studied in Milano (Italy), he has been a sales intern in India, as well as working with Fraunhofer Institute. At Fraunhofer, he was working on salt-based 3d printing.
The vision is later to go deep into predictive analytics, like generating heatmaps for truck thefts.
Heinz Luckardt, Co-Founder KONVOI
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3dLooking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye The StartupThe startup was set up already in times of corona, in October 2020. Theft of truck cargo, literally from the back of a truck, is a big problem for the trucking companies, as well as all companies using this mean of transport. So KONVOI (https://www.konvoi.eu/) provides a combination of hardware and software to prevent these thefts. Right now, they are working on the first step of the solution, but the vision is to go deep in predictive analytics.
We are looking for innovative trucking companies in Germany, to give us feedback.
Heinz Luckardt, Co-Founder KONVOI
Venture Capital FundingKONVOI is currently not actively looking for external investors. They are currently on a government grant, funding the company at least until end of 2021.
We are not focusing on one technology. We are working with radar, as well as ultra-sonic sound at the moment.
Heinz Luckardt, Co-Founder KONVOI
The Audio InterviewYou can subscribe to our podcasts here
Further Readings / Additional ResourcesMilan, Italy https://en.wikipedia.org/wiki/Milan
Frauenhofer Institutes are organized in the Fraunhofer Society: https://en.wikipedia.org/wiki/Fraunhofer_Society
FeedbackReach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!”
This Month in German Startups - February 2021Welcome to This Month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City and me Joe, from Frankfurt am Main.
Today we are wrapping up February 2021 for you. There is great news in the German startup scene, the much anticipated Auto1 IPO generated two new tech billionaires, Europe’s first Tech SPAC lists in Frankfurt, more Wirecard details, we talk about Trade Republic and Gamestop, as well as the billion exit of Berlin-based AdJust.
Follow us on Social MediaInstagram https://www.instagram.com/startuprad.io/
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Twitter https://twitter.com/startuprad_io
Keep Up to DateHere is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ
Affiliated LinksWhy not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.
Recommended by: Bill Gates
“Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlBRecommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKeRecommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhwRecommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQRecommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn Housekeeping - Time to brag Stay safe everyone!
In the meantime you can tune in to our internet radio station, the worlds first 24/7 dedicated to startups and tech companies! https://s2.radio.co/sb16d65602/listen - We will soon be available on many platforms, for now:
https://raddio.net/373202-startupradio/ https://radio.streamitter.com/station/startupradio-89HNV
Top NewsWe have two new tech billionairesThe IPO of Auto1 went spectacularly well and skyrocketed on the first day of trading on February 4th, surging 45%. We took a look at the data and realized that this was the first tech IPO in a long time that generated new tech billionaires in Germany. Bloomberg: SoftBank-Backed Auto1 Soars in Debut After $2.2 Billion IPO https://buff.ly/2YLTm5jReuters: UPDATE 2-AUTO1 shares go into top gear in Frankfurt debut https://buff.ly/3pLaOSmRead more in our blogpost here: At recording this Auto1 IPO turns founders into billionaires https://buff.ly/3oY45EA Related: The story from the side of one of their first investors: How VC fund DN Capital invested in car marketplace Auto1 8 years ago and landed an $8 billion IPO winner
Xperience+ Wants To Change How You Watch Sports and Movies ForeverIn 1917, an Italian guy put audio in a movie … more than 100 years later, we are still here.
Fabrizio Gramuglio, CEO and Co-Founder Xperience+
The Founder(s)Fabrizio is the Co-Founder and CEO of Xperience+ (https://www.linkedin.com/in/gramuglio/). Fabricio is by training a geneticist, but he found the lab work not really appealing, so he set out on a new path. Fabricio is also a Ted Speaker (https://youtu.be/Qw30kQVyvnM).
Pedro is the CMO and Co-Founder of Xperience+ (https://www.linkedin.com/in/pedrogmferreira/), who is also the founder of the local tech blog Frankfurt Valley (http://frankfurtvalley.app/), as well as the community manager of Startuprad.io (http://www.startuprad.io/about-us/).
Both together manage the local chapter of the singularity university (https://su.org/).
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3dLooking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye Why don’t we let life the people around the world the experiences they want – in a very immersive way?
Fabrizio Gramuglio, CEO and Co-Founder Xperience+
The Startup Xperience+ (https://xperience.plus/) is not itself a hardware provider. The company offers on its app a marketplace for companies to join the Internet of Senses and use the protocols of Xperience+ for this.
Part of the offer will also be a Library of Senses, in which experiences can be stored and retrieved at will.
We are working on letting fans experience their favorite game from the perspective of a player – with all five senses. It will be totally immersive.
Pedro Ferreira, CMO and Co-Founder Xperience+
The Xperience+ AppThe app is currently not available to the public. Currently, the app is in closed beta status. They are working on the library and the option to stream videos. We will let you know when the app is available.
We are working on disrupting the “old” audio and video media and bring in all the five senses.
Fabrizio Gramuglio, CEO and Co-Founder Xperience+
Venture Capital FundingXperience+ has already raised a seed investment of 500.000 €. They are open to additional external investors.
If this works guys, you will put every diet out of business, since people can taste everything, without gaining the calories.
Joe Menninger, CEO and Founder Startuprad.io on Xperience+
Audio PodcastYou can subscribe to our podcasts here
Further Readings / Additional ResourcesNothing to see here 😊
FeedbackReach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
The InterviewerThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
Follow us on Social MediaInstagram https://www.instagram.com/startuprad.io/
LinkedIn https://www.linkedin.com/company/4837115/
Tangany Offers a White-Label Custody Solution for Crypto AssetsOur clients do not need to apply for a license to become a custodian, we already are and offer our service.
Martin Kreitmair, CEO and Co-Founder Tangany
Media PartnershipThis podcast is in media partnership with the FinTech Forum (http://www.fintechforum.de/). The FinTech Forum - launched 2013 in Frankfurt am Main - is the first and largest hub for FinTechs in Continental Europe, with a community of more than 12.000 companies. With more than 17 events, with more than 270 startups on stage, and more than 1.000 investors and financial institutions. FTF alumni have raised $310mn+ in funding and resulted in exits worth $300mn+ .
Our level of paranoia level is right at the top. The security for crypto assets must be even on a higher level than for banks.
Martin Kreitmair, CEO and Co-Founder Tangany
The FounderWe talk to the CEO and Co-Founder Martin Kreitmair (https://www.linkedin.com/in/martin-kreitmair). He is not only with Tangany, but also a member of the Board of Germany’s blockchain association called Bundesblock (https://bundesblock.de/). He has a master’s in computer science and has been working at a startup for more than seven years, where he was hired as the 7th employee and saw the company grow.
First, we were two founders, …joined by former colleagues from an agency.
Martin Kreitmair, CEO and Co-Founder Tangany
Martin became interested early in Blockchain and Bitcoin but was no miner – which he partly regrets now 😊. He felt like it was the right time to start his company after many years as a startup employee.
Security is key for crypto custody.
Martin Kreitmair, CEO and Co-Founder Tangany
The StartupTangany (https://tangany.com/) is the all-in-one cloud suite to easily offer crypto and digital asset custody to your clients and customers. They do not offer services for retail customers, but rather to fintechs and financial institutions for save keeping of digital and crypto assets (including, but not limited to cryptocurrencies). They are a regulated custodian.
The product of Tangany is a white-label tool (via API) to enable their customers like startups, so they can offer crypto wallets to their (retail)-clients. The big advantage of Tangany for their clients is that they don’t need to get a license since the company is already regulated under German law to be a custodian.
It took us a very very long time to design our architecture … to the highest thinkable level of security.
Martin Kreitmair, CEO and Co-Founder Tangany
Excited about a Digital EuroTangany would be quite happy if a digital Euro, based on Blockchain is realized, this would be a huge opportunity for them. Since every citizen would need a digital wallet as Tangany could provide.
I am very convinced that a digital Euro will come, one way or another.
Martin Kreitmair, CEO and Co-Founder Tangany
Venture Capital FundingTangany raised a venture capital round in January 2020 and currently, they are in preparation for another round.
Further Readings / Additional Resources
Custodian https://www.investopedia.com/terms/c/custodian.asp
Feedback
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
The InterviewerThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io....
This Month in German Startups - January 2021
Welcome to This Month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City. This is the first news episode of 2021, but you can have a look at our 2020 review.
Today we are wrapping up January 2021 for you. There is great news in the German startup scene, from two new unicorns to a much anticipated IPO of Auto1 (will be raising at least 1.5 bn Euros), Delivery Hero goes VC and there may be Amazon TV/Radio in Germany.
Housekeeping - Time to brag Just a bit of bragging today: Listen Up! Here’s Your Guide To European Tech And Startup Podcasts In English https://buff.ly/39S3qyR
Top NewsWe have two new unicornsMambu - Germany’s newest Fintech Unicorn offers Banking Software as SaaS https://buff.ly/3oNEHC2 - Without them, no N26. They provide the software, which enables challenger banks like them.Munich-based HR scaleup Personio lands €103.5 million Series D funding and a €1.4 billion valuation https://buff.ly/35QYn0pRelated: Start-Up Personio Joins Circle of Unicorns - Technical University of Munich - School of Management https://buff.ly/2YgKm7W
Delivery Hero raises 1.2 bn in fresh capitalDelivery Hero raises 1.2 bn Euros (1.47 bn US$) in new funding, selling "in hours" 9.44 mn new shares for 132 Euros each https://buff.ly/394ZFFQRelated:Delivery Hero starts their own Corporate Venture Fund called DX Ventures with 50 m Euros https://buff.ly/2MPUt11
Auto1 IPOAuto1 IPO will be raising a minimum of 1.5 bn Euros (2.2 bn US$) https://buff.ly/3plC62nOlder articles related to this IPO - you can see the fundraising went up 500 million More details of the planned IPO of Auto1 Group emerge. They want to list in 2021 Q1 in Frankfurt in Prime Standard. Out of 1 bn € to be raised 250 m will pay back convertibles, 750 m will be invested in further growth https://buff.ly/38Hq0uz Used-car platform AUTO1 to float in Frankfurt, looking to raise 1 bn Euros from selling new shares, with a valuation of 6-8 bn Euros https://buff.ly/3bxbWWx
Amazon TV or Radio Station in Germany?Amazon has filed paperwork in Germany to get a broadcast license. The filing dates to November 2020 https://buff.ly/3bW0Mur
Wirecard We keep you updated, just a small selection of news here.
Keep in mind there is still an investigative committee ongoing.
Oliver Samwer from Rocket Internet gave a private loan to Markus Braun from Wirecard of 75 mn Euros (91 m US$), which he demanded back rather harshly, shortly before Wirecard filed for insolvency https://buff.ly/3bW2ITUIn Austria, an investigation against former Wirecard COO Marsalek is ongoing in potential bribery of an employee of Austrian constitution protection (like their NSA). He is supposed to have checked the solvency of porn site hosts for Mr. Marsalke https://buff.ly/39eVNDz
Ecosystem Slack users in Germany were greeted in the new year with a big outage covering most of the first working day of the new year 2021 https://buff.ly/3972zd0 January 4thTech workers want to relocate to Germany more than any other country in the world https://buff.ly/2Jims8n Germany starts with the test of a countrywide patient file, called "E-Patientenakte." The users can carry around all their medical files (x-rays, reports ...) on their smartphone and...
This Month in German Startups - 2020 Review
Welcome to This Month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City. This is an annual tradition, where we look at the past year and forward into the coming one. Not to mention, we have been totally wrong last year with the outlook, so we are more sticking to the review this year.
Today we bring you an overview of the German startup corona aid, an overview of the German startup scene, lists of top startup stories, a few outlooks on 2021, and a bit of wine :-)
Ecosystem European Startup Scene 2020 - Snapshothttps://2020.stateofeuropeantech.com/chapter/state-european-tech-2020/article/exec-sum/
8 crucial takeaways from Atomico's recently-launched The State of European Tech 2020 report | via Silicon Canals https://buff.ly/3m6MxVg
‘Megarounds’ helped European Tech ecosystem growWhile many founders found it more challenging to get funding, 2020 is on track to be a record year, with potential to surpass $41B invested, driven by more $100M+ deals.Germany is projected 23 bn US$Low capital, pivoting the product, and sales decline hit founders hardest in 2020International investment hasn’t dried upFrance is the only one of Europe’s three largest markets to grow in 2020. London remains the biggest investment hub in 2020Travel sector gets notably low investmentsInvestment in purpose-driven tech companies soarsGender and racial inequality still prevails in the European tech ecosystem
List: 10 biggest healthtech stories of 2020 https://buff.ly/3aQlnjv
The guinea pigs of Germany’s new healthcare revolutionBioNTech: the German biotech startup behind the coronavirus vaccine
Hot or not: Where European VC funding went in 2020 by Pitchbook https://buff.ly/3nMSzf7 - Difference to Atomico ⇒ Different source for data ...
UK still has the largest VC market in total (13.7 bn $), but Germany (6.8 bn $) grew three times as fast with 10.9% vs UK’s +1.7% BUT this may also be due to Brexit. We will see what 2021 brings. According to Pitchbook France grew by an astonishing 25.4% to a total of 6.1 bn $. The other markets in Europe surpassing 1 bn $ are Sweden (3.2 bn$), Spain (1.4 bn$), and Finland (1.2 bn$).
These are the 10 largest funding rounds of Europe in 2020 https://buff.ly/2W1KGX8
including AUTO1 Group, Tier Scooters and Lilium from Germany
German Startup Scene 2020 - Snapshot Deutscher Startup Monitor https://deutscherstartupmonitor.de/
This is an annual survey by the German startup association, this year more than 1.900 startups participated.The largest share of the - participating startups - (note, there is a bias here) have been inBerlin 17,7%Rhein-Rhur (Cologne, Düsseldorf, …) 12.8%Munich 6.5%Hamburg 5.8%This is one of the reasons we try to highlight so many startups from different areas, since not only every 5th startup is in Berlin. Please note that we try to have approx. 20% of our interviews from Berlin, to give these startups also a fair representation.On average a startup in the survey employed 14.3 employees, up from 13.3 in 2019 and 12.3 in 2018. Despite Corona, 90% were planning to hire people. 15.9% of founders are female in this survey, slightly up from the previous years (15.7% in ‘19 and 15.1% ‘18)Universities play a central role as a core for a startup cluster, especially Germany’s Technische Hochschule (technical universities aka TU) e.g. TU München, KIT, RWTH Aachen, LMU München, Universität Mannheim, Universität Bremen, WHU, TU Berlin, TU Darmstadt and FU Berlin.~ 20% of founders have a migration backgroundThe most important technology is AI, more than 26.7% of...
Meet Europe’s most important Seed Investor
We are the most active seed investor in Europe.
Alex von Frankenberg, MD HTGF
The InvestorAlexander “Alex” von Frankenberg (https://www.linkedin.com/in/justdoitalex/, https://twitter.com/Justdoitalex, https://www.crunchbase.com/person/alexander-von-frankenberg) is Managing Director of Germany’s High-Tech Gründerfonds (HTGF).
We helped to raise 2,8 bn Euros in follow-on funding for our portfolio companies.
Alex von Frankenberg, MD HTGF
HTGF is a venture capital investor with private (like BASF, Bayer, Braun, Boehringer Ingelheim, Cewe, Dräger, Haniel, Lanxess, RWE, SAP, …) and public LPs (KfW, German Federal Government). The fund has approximately 890 m € (1 bn US$) in assets under management and close to 600 seed investments. focuses its investments in Europe, especially Germany, but also invests across the world – even at a lesser degree.
In my experience in the venture business: It is really the “long tail” that matters ... it is also in the long tail, in den deal flow, where you need to find the hidden gems
Alex von Frankenberg, MD HTGF
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
I think our record was 28 days between first meeting the startup and signing the [investment] contract.
Alex von Frankenberg, MD HTGF
The FundIn 2005 HTGF (https://www.htgf.de/en/, https://www.crunchbase.com/organization/high-tech-gr%C3%BCnderfonds, https://twitter.com/HTGF, https://www.linkedin.com/company/high-tech-grunderfonds/) was established as a private-public partnership, to compensate – at the time – for the lack of active, domestic seed investors. Just two years after the bursting of the dot com bubble many seed investors went out of business and so an expert group of the German government recommended setting up a fund. The private investors helped HTGF to develop into a real venture fund, not only a public funding entity.
I reply to every email, even one that would just say “Yo, we should talk”.
Alex von Frankenberg, MD HTGF
On average it takes three months between the first contact with HTGF and its investment. Note this may vary significantly during corona and maybe some time afterwards.
HTGF always takes the role of a lead investor in a seed-stage investment. This is due to their history. In later rounds, they will give up the role of a lead investor.
HTGF IVHTGF is currently raising its fourth fund and is looking to close the fund in June 2022.
We not only open doors at our LPs for our portfolio companies, we also know many many other companies.
Alex von Frankenberg, MD HTGF
Further Readings / Additional Resources
Dot-com bubble: https://en.wikipedia.org/wiki/Dot-com_bubble, https://www.investopedia.com/terms/d/dotcom-bubble.asp
We can invest globally, but we are focusing on Germany.
Alex von Frankenberg, MD HTGF
FeedbackReach out to us, here is our audience survey, to give us feedback,...
This Month in German Startups - December 2020
Welcome to This Month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City.
Welcome to the Chris-mas edition :-)
Today we are wrapping up December 2020 for you. Please keep in mind that due to the holidays and the current lockdown in Germany we are recording this news on December 15th. All news not included here will be part of our January warp-up and there will be a 2020 review 2021outlook as well.
Today we bring you news about the 10 bn investment package of the German government, the new DAX, Peter Thiel’s investments in Germany, Taxes, AI, and much more.
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
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💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflSpotify https://spoti.fi/3kCcgoB Housekeeping - Time to brag We have only one thing to say: Stay safe everybody! Be grateful for what you have!
Affiliate LinksThe current situation with the Coronavirus-related lockdown is frequently compared to severe economic recessions including, but not limited to the 2008 Financial Crisis and the Stock Market Crash of 1929. If you want to know more, consider these books below.
“Galbraith was asked by Arthur M. Schlesinger Jr. if he would write the definitive work on the Great Depression that he would then use as a reference source for his own intended work on Roosevelt.” (from Wikipedia) - The Great Crash 1929 by John Kenneth Galbraith https://amzn.to/3cl41sAEssays on the Great Depression https://amzn.to/2VvEsht by former Fed Chairmen Ben S. Bernanke “an American economist at the Brookings Institution[3] who served two terms as Chair of the Federal Reserve, the central bank of the United States, from 2006 to 2014” (from Wikipedia)From John Kenneth Galbraith as well: A Short History of Financial Euphoria https://amzn.to/2VxngbgA great book on crashes, bubbles, and economic uncertainty, in general, is “Devil Take the Hindmost: A History of Financial Speculation” by Edward Chancellor https://amzn.to/2VaUDSlAll the news and links here
https://www.startuprad.io/blog/this-month-in-german-startups-december-2020/
Send in a voice message: https://anchor.fm/deeptechgermany/message
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This Month in German Startups - November 2020
Welcome to This Month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City.
Today we are wrapping up November 2020 for you with an update on German startups working on corona vaccines, Flixbus, Finleap, Rocket Internet’s ongoing delisting, and a potential digital Euro
Enabler
This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Find all options to subscribe here:
Tech Startups Germany by Startuprad.io - Audio PodcastiTunes https://apple.co/2Z17bflSpotify https://spoti.fi/3kCcgoB
Housekeeping - Time to brag
We have only one thing to say: Stay safe everybody! Be grateful for what you have!
Affiliated Links
Why not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.
· Recommended by: Bill Gates
“Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB
· Recommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe
· Recommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw
· Recommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ
· Recommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06
· Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn
Show Notes, Links and more reading
https://www.startuprad.io/blog/this-month-in-german-startups-november-2020/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Artificial Connect uses AI to generate automated local event announcementsIn Hannover [a city of 790.000] there are 40.000 to 60.000 events in a normal year. The problem of the publishers was to first generate all the event information and second to write articles about them.
Felix Rolf, CEO Artificial Connect
Media PartnershipThis interview is in media partnership with the CONTENTshif accelerator program (https://www.contentshift.de/en/accelerator/programme/for-startups/), which we follow since its inception. CONTENTshift is the accelerator program of the German Book Publishers and Printers Association. Below you will find more interviews from past batches. We used to record the interviews directly at Frankfurt Book Fair, but since it is canceled this year due to Corona, we resorted to remote only interviews. At the time of the recording, we did not know who won the final award. The winner of this year’s batch is SciFlow (https://www.contentshift.de/en/contentshift/news/congratulations-to-sciflow/). We will publish the exclusive interview with them as the last of our series this year.
The FounderIn this interview, we are talking to Felix Rolf (https://www.linkedin.com/in/felix-rolf-526a4894/) the founder and CEO of Artificial Connect (https://www.artificial-connect.com/), an AI startup located in the beautiful city of Hannover.
Felix originally started with an advertising conglomerate with roots in newspaper publishing, where he got to work in several departments. He enjoyed his time in digitalization projects, especially in data science. During his time there he worked at the intersection of data science and sales.
I participated in a boot camp for three months to learn about the statistical tools needed for data science.
Felix Rolf, CEO Artificial Connect
PatreonLearn about our interviews hours before they are released, help in the selection of the startups we interview or even suggest startups to be interviewed, by becoming a Patron: https://buff.ly/32bZ4zW
DueDashIf you don’t like Patreon, there is DueDash. DueDash is a Social Network, for startups and investors. We have a group of supporters there as well. You can join the group there: https://buff.ly/2R90PYp
Affiliate LinksWhy not learn from entrepreneurs and executives who are open to sharing their favorite books. We skimmed through some recommendations and that is what we found.
Recommended by: Bill Gates
“Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlBRecommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKeRecommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhwRecommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQRecommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn Find all links and show notes here:
Scriptbakery taught an AI to analyze manuscripts and the emotions of a potential reader98% of the manuscripts sent to publishing houses are not read right now.
Patrick Kaiser, COO Scriptbakery
Media PartnershipThis interview is in media partnership with the CONTENTshif accelerator program (https://www.contentshift.de/en/accelerator/programme/for-startups/), which we follow since its inception. CONTENTshift is the accelerator program of the German Book Publishers and Printers Association. Below you will find more interviews from past batches. We used to record the interviews directly at Frankfurt Book Fair, but since it is canceled this year due to Corona, we resorted to remote only interviews. At the time of the recording, we did not know who won the final award. The winner of this year's batch is SciFlow (https://www.contentshift.de/en/contentshift/news/congratulations-to-sciflow/). We will publish the exclusive interview with them as the last of our series this year.
The FounderWe talk to Patrick Kaiser (https://www.linkedin.com/in/patrick-kaiser-5978ba1b6/), the COO of Scriptbakery (https://www.scriptbakery.de/), a Freiburg based startup, which taught its AI to analyze a book script and analyze the potential emotions of a reader.
Patrick got his job as COO because he has a black belt in Kungfu. The founder of the company knows him from the Kungfu gym, where the founder was Patrick’s student.
We taught our AI with 1.7 mn data points, to make it work with all European languages
Patrick Kaiser, COO Scriptbakery
PatreonLearn about our interviews hours before they are released, help in the selection of the startups we interview or even suggest startups to be interviewed, by becoming a Patron: https://buff.ly/32bZ4zW
DueDashIf you don’t like Patreon, there is DueDash. DueDash is a Social Network, for startups and investors. We have a group of supporters there as well. You can join the group there: https://buff.ly/2R90PYp
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
The largest chunk we get here as scripts are biographies by Professors and Teachers who have retired
Patrick Kaiser, COO Scriptbakery
Blog PostFind all the links and show notes here: https://www.startuprad.io/blog/scriptbakery-taught-an-ai-to-analyze-manuscripts-and-the-emotions-of-a-potential-reader/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
This Month in German Startups - October 2020Welcome to This Month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City.
Today we are wrapping up October 2020 for you with a monster round in the making at N26, new information on the Wirecard insolvency and questions about published information of Heidelberg based insurance startup Getsafe.
You can now join us on the entrepreneur network DueDash: https://buff.ly/2R90PYp with 5 Euros a month you support our work! Or become a Patron at Patreon: https://buff.ly/32bZ4zW
Thank you!
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflSpotify https://spoti.fi/3kCcgoB Find all the links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-october-2020/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
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doks. innovation enables indoor drone flights for next-level digital logisticsInside a building GPS does not work. We use a combination of global mapping and local mapping… it is very very complex.
Benjamin Federmann, CEO and Co-Founder doks.innovation
The FounderIn this interview, we talk to Benjamin Federmann (https://www.linkedin.com/in/benjaminfedermann/) the CEO and Co-Founder of Kassel-based drone startup doks. innovation (https://www.doks-innovation.com/). D oks.innovation is not a hardware startup, they only provide Benjamin has spent some time after university in marketing and consulting for some smaller and also well-known companies like Leica.
The feedback from the interviews I conducted was so good, I was sure I needed to found the company
Benjamin Federmann, CEO and Co-Founder doks.innovation
PatreonLearn about our interviews hours before they are released, help in the selection of the startups we interview, or even suggest startups to be interviewed, by becoming a Patron: https://buff.ly/32bZ4zW
The customer can ask almost any question and find the answer in our data.
Benjamin Federmann, CEO and Co-Founder doks.innovation
DueDashIf you don’t like Patreon, there is DueDash. DueDash is a Social Network, for startups and investors. We have a group of supporters there as well. You can join the group there: https://buff.ly/2R90PYp
When we started with our first prototype, we crashed 30 to 40 drones.
Benjamin Federmann, CEO and Co-Founder doks.innovation
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Our drone is a flying camera to collect data for the inventory management.
Benjamin Federmann, CEO and Co-Founder doks.innovation
The Startup
The startup doks.innovation enables companies to monitor their warehouses via drones, which can fly indoors without smacking on any shelf or wall. Doks is not a hardware startup. doks.innovation provides only the ai software for the drones to enable them to fly indoors. On the other hand, they are also working closely with hardware providers, since they have very specific requirements for their drones. The drones are using cutting-edge drone hardware, which is not yet publicly available.
The company is still small, but they have reference customers like Mars and BMW.
Our clients have to press a button and come back 3 or 4 hours later. The data collection is totally automated. The customer can ask almost any question and can find the answer in our data.
Benjamin Federmann, CEO and Co-Founder doks.innovation
Venture Capital Fundingdoks.innovation is open to talking to new investors from Europe and the US. They are looking for the next financing round in Q1 2021 and to expand to the US in 2021.
When we stared there was no hardware available for what we have been looking for.
Benjamin Federmann, CEO and Co-Founder doks.innovation
The Video Interview is set to go live on October 15th, 2020 19.00 CET Frankfurt/Paris/Zürich/Milanohttps://youtu.be/yi8SmEMuuj8
Drones are good for land surveying, but are there areas where drones are currently not working? So I made more than 100 interviews in one and a half year.
Benjamin Federmann, CEO and Co-Founder doks.innovation
Further Readings /...
This Month in German Startups - Summer 2020 Wrap-UpWelcome to this month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City.
Today we are wrapping up summer 2020 for you. This is going to take a bit longer than normal, so grab a coffee and relax on the couch.
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Housekeeping - Time to brag We made it now in 39 Countries in the podcast charts, adding Switzerland, Zimbabwe, Israel, and Indonesia! Thank you!
[caption id="attachment_3669" align="alignleft" width="800"]Podcast Charts Appearances of Startuprad.io - Now in 39 countries[/caption]
As a premier source for startup information from Germany, Startupradio was already a part of the US launch of podcasts on Amazon Music and is now in Germany as well.
https://www.instagram.com/p/CFcAK3wj3Gn/
Video News - This video will go live on Thursday, September 24th 19.00 CET (Frankfurt, Zürich, Berlin, Milan)https://youtu.be/AQBKnWmxaTY
Audio News - The audio podcast will go live at the same timeWe just need some time after the release until we can embed the Spotify player here.
Top NewsCoronavirus / Curevac Curevac was one of the biggest startup stories during the summer. They are a Tübingen, Germany-based biotech company, working on a coronavirus vaccine.
They IPOed for more than 200 mn US$ (https://buff.ly/3iUsus6)
They got visited by Elon Musk (https://buff.ly/3cjMdzf)
And we already blogged about their government investment in June (https://buff.ly/3iY0y6Q)
And they received a large investment pre-IPO by two international heavy weights:
Pre-IPO: Qatar Investment Authority takes stake in vaccine-maker CureVac https://buff.ly/3jnYZzD Glaxosmithkline (GSK) pays 142 mn Euro for 10% stake in one of #Germany's most promising candidates for a #coronavirus #vaccine Curevac from Tuebingen https://buff.ly/3homvLk Coronavirus / Potential super spreader event in the Berlin startup scene?deutsche-startups reports in their podcast, that a super-spreader event took place in the Berlin Venture Capital and startup scene on Friday, September 11th https://buff.ly/2ElAxzc
Wirecard We keep you updated, just a small selection of news here
Wirecard's liquidator sends employees into garden leave without pay via email after 20.00 o'clock. Rumors talk about 50% of the more than 1.000 employees https://buff.ly/34wB7F6
Related: Wirecard scandal fallout sees 50% of German staff laid off
Cyreen provides brick and mortar retailers with analytics for offline shopping cartsWe analyze shopping behaviour based on the contact with an in-store commercial. Our system does not even know if you are male or female.
Davide Scheidegger, Co-Founder Cyreen
[caption id="attachment_3655" align="aligncenter" width="1194"]Cyreen establishes a data-driven retail media standard for consumer brands in supermarkets. Courtesy of Cyreen[/caption]The FounderWe talk to Davide Scheidegger (https://www.linkedin.com/in/davidescheidegger/), who is originally from Switzerland, but now lives in Wiesbaden, working with his other co-founders on their startup Cyreen (https://www.cyreen.de/). They provide with movement tracking of shopping carts and in-store-advertisements, analytics for brick and mortar retailers, as well as for retail brands.
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This is kind of the best advertisement in Germany, when you say: “Today you save 20%”
Davide Scheidegger, Co-Founder Cyreen
The StartupCyreen is an analytics software for inside a brick and mortar retailer. The tool tracks (anonymized) shopping carts and analyze customer behavior in the market. They can also show advertisements to the clients inside the retailer on small screens and track their efficiency. Cyreen can also include outside parameters e.g. temperature.
Cyreen is an award-winning start-up that provides transparent, measurable and close-to-purchase marketing solutions for advertisers. They successfully launched their first product C.A.P. (Connecting Ad-Impressions with Purchase) in several stores. With C.A.P., they have developed a high-end digital signage system. For the first time, detailed advertising effectiveness analyses for offline marketing are possible according to the online logic of Facebook & Co.
We normally don’t talk to our clients directly, but via our ad & media agencies.
Davide Scheidegger, Co-Founder Cyreen
Davide refers to this advertisement of Wiesenhof, which they helped to measure in storeAtze Schröder Wiesenhof, was one of the commercials measured by Cyreen in-store:
https://youtu.be/7BZfmh7JM68
More information on their tool CAP - Connecting Ad-Impressions with Purchase (Cyreen is the name of the company)https://vimeo.com/341804155
A study by the University of St. Gallen. The link will open a PDF.
We even tested the advertisement for ice cream in winter.
Davide Scheidegger, Co-Founder Cyreen
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NAIX redacts Contracts with AI for companies in M&A Transactions
“Companies tended to accept the [GDPR] fines since they are not as high as the costs of the manual redaction of data, but now we are here”
Ramin Karbalaie, CEO and Founder NAIX Technology
Media PartnershipNAIX Technology is Frankfurt Forward's (https://www.frankfurtforward.com/) Startup of the Month September 2020. Congratulations. As part of our media partnership, we are bringing you the interview with its astrophysicist CEO and Founder Ramin.
The FounderIn this interview, we are talking to Ramin Karbalaie (https://www.linkedin.com/in/ramin-karbalaie-b9022a185/), CEO, and Co-Founder of Frankfurt and Cologne-based NAIX Technology (https://naix.de/en). The AI startup and legal tech help do anonymize documents for large companies and corporations, e.g. in case they need to be put in a data room. More on this later.
Ramin is highly gifted, he started to study astrophysics at university already during high school (in Germany highly gifted student can do that) and finished several semesters worth of course work before graduating from high school.
His mother is a linguist and so he was early exposed to linguistics, which sparked his interest in computer linguistic and later natural language processing (NLP). This is where the legal part, the ai, the natural language processing, and the quantitative training come together to form NAIX Technologies.
The startup counts among its mentors one of the managing directors of the private investment office of Rothschild & Co.
“When I was studying astrophysics I had to work, so I took any job. I used to work as a working student in a big international law firm. … There I talk to lawyers about their pains. … so, things evolved”
Ramin Karbalaie, CEO and Founder NAIX Technology
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“We anonymize contracts, so lawyers and consultants are not violating data protection law in due diligence”
Ramin Karbalaie, CEO and Founder NAIX Technology
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“We work for investigative committees of the German parliament, which is pretty cool at least for us”
Ramin Karbalaie, CEO and Founder NAIX Technology
The StartupThe startup is providing anonymization and pseudonymization for contracts and other legal documents. This is needed due to European data protection laws. If a company is sold, a buyer will want to look deep in the books and contracts of an entity he or she buys. Such a phase in a transaction is called Due Diligence. Due to data protection, the contracts with all personal information cannot be shared, but the buyer needs them to evaluate the company, so NAIX comes in and takes out all private information so contracts and other information can be shared, without violating the law.
The system of NAIX is based on AI technology. They are not only...
NGRAVE offers the most secure end-to-end solution in the world for managing digital assetsYou cannot brute force our private keys.
You cannot predict our private keys.
The private key is generated on the spot, even we as the manufacturer do not know your private key.
There are no back-doors in our device.
Ruben Merre, CEO and Co-Founder NGRAVE
The FounderThis time we talk to Ruben Merre, the CEO and Co-Founder (https://www.linkedin.com/in/ruben-merre/, https://medium.com/ngrave) of NGRAVE (https://www.ngrave.io/), which offers a highly secure solution to manage one’s digital assets. Ruben originally stared out with a business engineering degree. He not only worked as a strategy consultant, contributor to Hackernoon (https://hackernoon.com/u/ruben.merre) but also is a bestseller online investment instructor at UDEMY (https://www.udemy.com/user/rubenmerre/).
This interview is part of our ongoing media partnership with Accelerator Frankfurt (https://www.acceleratorfrankfurt.com/).
In 2019 a record 4.5 bn US$ in cryptocurrencies was stolen… we still see the same trend. Hacks are increasing in size and in frequency …
Ruben Merre, CEO and Co-Founder NGRAVE
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There are no solutions to own your crypto, how it should be.
Ruben Merre, CEO and Co-Founder NGRAVE
The StartupOfficially the startup NGRAVE (https://www.ngrave.io/, https://www.crunchbase.com/organization/ngrave´), based out of Brussels, Belgium. The story started as the former project of one of the three co-founders was hacked and approximately 10 million US$ worth in Ethereum was stolen. The old project was shut down and NGRAVE was founded to provide a secure way of storing digital or crypto assets.
Venture Capital FundingNGRAVE is looking for funding in the second half of 2020.
There are no backdoors in our product.
Ruben Merre, CEO and Co-Founder NGRAVE
Indiegogo CampaignAt the time of the interview, the campaign was not yet launched. At the time of the publication the campaign already ended, but they raised more than 380.000 € (more than 450.000 US$), achieving more than 1.500% of their goal of 25.000 € (https://www.indiegogo.com/projects/zero-the-most-secure-easy-to-use-crypto-wallet#/).
Our device looks like a small smartphone. The device is completely disconnected from the world, so no hacker can access it. …. Nobody can ever steal the private keys, because they are never exposed.
Ruben Merre, CEO and Co-Founder NGRAVE
Pre-order the Device (NGRAVE Zero)For everybody who missed the Campaign, you can buy the device here: https://www.ngrave.io/products/zero.
This is not an affiliate link.
The Video...
Meet Wingcopter – The startup that develops drones for UPS
We don’t follow up on offers for military purposes. Wingcopter should serve mankind
Tom Plümmer CEO and Co-Founder Wingcopter
The FounderIn this interview we are talking to Tom Plümmer (https://www.linkedin.com/in/wingcopter/), CEO and Co-Founder of Rhine-Main-based drone startup Wingcopter (https://wingcopter.com/, https://www.crunchbase.com/organization/wingcopter), which won the title Startup of the Month by our media partner Frankfurt Forward (https://www.frankfurtforward.com/startups-of-the-month).
For a long time, we bootstrapped our startup by selling the drones we already produced.
Tom Plümmer CEO and Co-Founder Wingcopter
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I studied film, and it turned into aerial filming. I could never find a drone to fit my needs.
Tom Plümmer CEO and Co-Founder Wingcopter
The Startup
Wingcopter is a vertical take-off drone. It is not a multicopter, with four to eight rotors, but it combines vertical takeoff capabilities with wings for long ranges. The drone the ability to navigate and can (depending on the regulation) be piloted beyond the visual line of sight in some countries.
I am not an engineer. That’s why it is a little bit crazy that I ended up in this position, running now a company with really really capable engineers.
Tom Plümmer CEO and Co-Founder Wingcopter
Wingcopter holds a patent for its tilt-rotor drones. The "tilt-rotor" is the USP of Wingcopter and enables the impressive capabilities of the small aircraft to deliver (mostly medical) goods far, fast, and safe.
In the beginning, they received a lot of requests for the military use of their drones, which they always denied. On the other hand, they are working with DHL and UPS, as well as delivery of medical products (especially vaccines) with UNICEF. They work to deliver time-sensitive medical supplies already in projects in Vanuatu (Pacific Island), Scotland, Ireland, Malawi, Ethiopia, or Tanzania.
Cooperation in Germany with MerckIn Germany they are also working with Merck, transferring laboratory samples. In the past, they have been a startup in one of the batches of the Merck Accelerator Program. You can learn more about the program here. Note the interviews are sponsored content on our channel:
https://www.youtube.com/watch?v=zetBlvE_1Fw&list=PLUbiCAQc22WsPgZfsShQffGE8EzAsRuxW
We are currently looking into running commercial drone flights beyond line of sight
Tom Plümmer CEO and Co-Founder Wingcopter
Venture Capital FundingAfter a long time of bootstrapping, they raised venture capital end of 2019 and again in Q1 in 2020. You can learn more here: https://www.suasnews.com/2020/03/wingcopter-secures-further-investment-from-corecam/ They are currently in...
Hawa Dawa is an environment intelligence company – Originally founded to help asthma patientsThe idea of the wearable device was to crowdsource the data. All people using the device would contribute data on air quality.
Karim Tarraf CEO and Co-Founder Hawa Dawa
Audience Note on Recording QualityIn the beginning, we had some problems with the audio and video quality of the interview. Please stick with us it gets much better during the interview. We are sorry about that, but our influence on internet bandwidth is very limited.
The FounderIn this interview, we talk to Karim Tarraf (https://www.linkedin.com/in/karim-hesham-tarraf-a0773250/), the CEO and Co-Founder of Munich-based Hawa Dawa (https://hawadawa.com/, https://www.crunchbase.com/organization/hawa-dawa-munich-germany, https://twitter.com/hawadawalabs). He was originally born in Kairo to an Egyptian-German family. He graduated from the Technical University of Munich (TU Munich or TUM) and started to work on projects and government entities on topics of climate change and development assistance (for countries). In those capacities, he worked for projects with the UN Environment Program.
Karim personally witnessed the Arab Spring in Egypt, which left an impression on him.
He later got back to TU Munich for a master's degree, were the first ideas of Hawa Dawa emerged. TU Munich also has a large startup and entrepreneurship program. You can learn more about the program called UnternehmerTUM here.
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The StartupWithin a seminar at his master courses, Karim participated in a two-week hackathon. Next to him, there was an Indian student, who talked about the air pollution in India. So they developed a wearable device for asthma patients, to measure air quality. Asthma patients should – due to their health condition – avoid polluted air and the device could help them do this.
The idea to gather the data did now work well, so they started developing their own stations to measure air quality. This made them to an environment intelligence company.
The founders discovered similarities in several languages where Hawa means air and Dawa means medicine, so they combined both. The startup creates the data and places them on data markets. Measuring air quality is not as simple, as it first sounds. During the interview, we talk about technical details and it turns out that they even use AI to calibrate their sensors.
Venture Capital FundingHawa Dawa is looking for a funding round for internationalization in 2021. We will connect you if you are interested.
The Video Interview went live on August 6th, 2020, 19.00 Frankfurt local time (CET) / 1 PM Easternhttps://youtu.be/kDJhVI6kAO0
The Audio Interview is set to go live on August 11th during the night - German local timeThe Audio Podcast will be published next week. Subscribe to our podcasts here
Further Readings / Additional ResourcesIn this interview, we included all further reading links in the show notes.
FeedbackReach out to us, here is our...
Datability enables airlines to safe money with digital twins
We enable fuel savings for airplanes with digital twins of individual airplanes
Sebstian Baumann, Founder and Co-CEO DATAbility
Frankfurt Forwards Startup of the MonthThis interview is in a media partnership with Frankfurt Forward. DATAbility is the Frankfurt Forward Startup of the Month July 2020. Congratulations!
Learn more about Frankfurt Forward and how to apply here: https://www.frankfurtforward.com/
We are looking for funding or a strategic partnership.
Sebstian Baumann, Founder and Co-CEO DATAbility
The FounderIn this interview Startuprad.io is talking to Sebastian Baumann (https://www.linkedin.com/in/sebastian-oliver-baumann/), Founder and Co-CEO of Rhine-Main based AI startup DATAbility (https://www.datability.ai/). He is not only an entrepreneur but also working on his Ph.D. Thesis, which he hopes to submit this year. So he will be a Ph.D. in 2020 or 2021. Fingers cross for him!
Different airplanes are operated differently by different airlines and from pilots. You want to phase this in your digital twin to make more precise calculation
Sebstian Baumann, Founder and Co-CEO DATAbility
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The StartupThe startup enables digital twins of real existing airplanes, helicopters, and the like. With their tool, they can calculate the fuel flow of the engine with the respective plane. Now the machine learning framework will train the algorithm.
DATAbility develops customized software solutions and digital services for the diagnosis and prognosis of machine status and the automation of processes aiming to reduce the quality-related costs in failure control, prevention, and correction. A high level of customer satisfaction and strong customer loyalty should have top priority in mechanical and plant engineering. But machine downtimes impede these and cost a lot of money. The identification of the correct spare part or the cause of system downtime is not trivial.
Venture Capital FundingDATAbility is looking for funding, a Series A for the development costs of their scalable software solution. They are also open for a strategic partner to widen their (sales) network.
The Video Interview is set to go live on Thursday, July 16th 19.00 Frankfurt local time (CET), 1 pm Eastern (EST), 18.00 London local time (UTC)https://youtu.be/3uFBqxkxBk8
The Audio Interview is set to go live on Tuesday, July 21stThe Audio Podcast will be published next week. Subscribe to our podcasts here
Further Readings / Additional RessourcesJet Stream: https://en.wikipedia.org/wiki/Jet_stream
Digital Twins: https://en.wikipedia.org/wiki/Digital_twin
Hannover Messe (the trade fair Sebastian refers to) https://www.hannovermesse.de/en/
FeedbackReach out to us, here is our audience survey, to give us...
Our founderA summer message from our founder Jörn “Joe” Menninger (LinkedIn, Twitter, Crunchbase) in times of Corona.
https://www.instagram.com/p/CCGvgRhIKAw/
Hello and welcome, everybody, this is Joe – Founder and Host – of Startuprad.io. It is the beginning of July and I wanted to take the opportunity to reach out to you.
First, I wanted to wish you a great summer – as great as it can be under the current circumstances.
Second, I wanted to let you know that for July and August we take some time off. Our news is in the regular summer break – Enjoy your summer in New York Chris!
We will also publish interviews only every other week. We normally used summer to publish interviews from our backlog, but since there have been almost no events we attended in person, there is less backlog.
We will be back to a weekly publishing schedule in September. Until then, enjoy your time and thank you to all our listeners, who made us reach the podcast charts in now 35 countries across the world. The last ones added have been Hong Kong and Kuwait.
If you like our podcast, consider supporting us on Patreon.
Have a great summer and see you again in September!
PatreonYou can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.
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Feedback – Suggest Interview Partners and moreReach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
Video – Enjoy the summer – As much as you can and stay safehttps://youtu.be/cmCgRkvO7xY
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
QuoScient helps to analyze, investigate and respond to cyber-threats Attackers are devious… During the current health crisis, they are going after health institutions and hospitals. They don’t basically care that they are doing damage to people who have already health problems.
Ioannis Bizimis, Co-Founder QuoScient
The FounderIn this interview, we are talking to Ioannis Bizimis (https://www.linkedin.com/in/ioannis-bizimis-6423527/, https://twitter.com/defense_active), the Co-Founder, CFO, CRO, and CISO of QuoScient.
Ioannis has been an Investment Manager, project lead with Dow Jones, with MarkIt, an employee of Deutsche Bank and other well-regarded companies. He has a lot of experience and with this experience, he started to set up QuoScient.
One of the biggest strategies [of hackers] is to come into your network and stay there and install as many backdoors as they can. They will use them when they need it.
Ioannis Bizimis, Co-Founder QuoScient
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It costs hackers just a few hundred Dollars or Euros to build up an attack campaign. The effort on the other side is thousands, sometimes millions to understand this kind of campaign.
Ioannis Bizimis, Co-Founder QuoScient
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The StartupQuoScient (https://www.quoscient.io/, https://www.crunchbase.com/organization/quoscient) is a cybersecurity startup, which recently split into three parts to better pursue their respective activities. Two of those entities are still headquartered in Frankfurt, one in Columbia, Maryland (close to Baltimore). They basically split along their business lines:
QuoLab Technologies – Defense Technology https://quolab.com/QuoSec – Security Consulting https://www.quosec.net/QuoIntelligence – Cyber Threat Intelligence https://quointelligence.eu/
[A company] first must understand what their most critical assets are and what are the [cyber] risks to those assets.
Ioannis Bizimis, Co-Founder QuoScient
Venture Capital FundingQuoScient has just raised venture capital. They may be looking at another funding round in the fall of 2020. If you want to keep posted, reach out to us.
Threats can not only come from the outside. Capable hackers can also send you someone, pretending to work for you as contractor. … they do this professionally.
Ioannis Bizimis, Co-Founder QuoScient
The Video Interview is set to go live on July 2nd, 2020 19.00 CEThttps://youtu.be/qM_ngqKHuZ4
Subscribe to our podcasts here
Further Readings / Additional ResourcesFront Office https://www.investopedia.com/terms/f/frontoffice.aspBack Office https://www.investopedia.com/terms/b/backoffice.aspMiddle Office
This Month in German Startups - June 2020IntroToday we are going to talk about German startups, in the process of producing vaccines for Covid19, the potential accounting fraud at Wirecard, startups in Frankfurt, Munich, Cologne and Berlin, and the 110th Birthday of Konrad Zuse, the inventor of the modern-day computer.
Welcome to this month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City.
Reach out to usOur audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA Find the hosts here:Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)Christian “Chris” Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)PatreonIf you like our podcast, consider supporting us on Patreon: https://www.patreon.com/startupradio
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Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJThe Video Interview is set to go live on Thursday, June 25th 2020https://youtu.be/xRNMoOSm28Y
The Audio Interview is set to go live on June 30th, 2020The Audio Podcast will be published next week. Subscribe to our podcasts here
Housekeeping - Time to brag Now it is official, Startuprad.io passed several milestones.
We reached more than 200.000 subscribers for our podcasts alone! 206.014 as of today! We count subscribers, who return at least once in 7 days to our RSS feed over 90 days.We managed to score more than 1.000 days in podcast charts (iTunes, Stitcher, Spotify, and Chartable), actually, we made 1.026 days so far. https://www.startuprad.io/blog/startuprad-io-ranked-now-in-33-countries-and-1-000-days-in-podcast-charts/We now scored with PR China, Croatia, and Singapore in three more countries and now we made it in 33 countries in their respective podcast charts. We are also a steady member of chartable.com’s science and tech podcast charts, for the US as well as globally. https://www.startuprad.io/blog/startuprad-io-ranked-now-in-33-countries-and-1-000-days-in-podcast-charts/And again we have several interviews and blog posts for you. We will also have on July 1st our first live stream after corona. https://www.meetup.com/Startup-Couch-TV-Talks/events/271395382/
Coronavirus / Covid19 80% of Berlin-based startups see their very existence threatened by the coronavirus https://buff.ly/2UYMi3P CureVac is the first German biotech to receive a direct investment from the German government, an astonishing 300 mn Euros. The reason behind this is the Trump administration. You can learn in our blogpost how the story unfolded
Energy Robots provides Software for semi-autonomous RobotsWe provide a full software stack, which also makes the robot move …
Dorian Scholz, CEO and Co-Founder Energy Robotics
The FounderDuring this interview, we are talking to Dr. Dorian Scholz (https://www.linkedin.com/in/dorian-scholz-3514a8b3/) CEO and Co-founder of Darmstadt based robotics startup Energy Robotics (https://www.energy-robotics.com/). We talk to him in a remote interview, recorded in May 2020. Dorian is already a long time robotics fan, who has been working for more than 15 years in robotics, even participating in the robotics soccer world cup with the team Darmstadt Dribblers (https://www.youtube.com/channel/UC3jFWB-VP6bFcIFtb-czCcQ). Energy robotics is also a startup, spun off TU Darmstadt (https://en.wikipedia.org/wiki/Technische_Universit%C3%A4t_Darmstadt). The Rhine-Main-based startup offers software to make robots operate autonomously, as well as enable them to be operated remotely, in case this is needed. They are called “robotics”, but they don’t build robots or any hardware.
We are providing a very easy user interface to program “missions” for the robots.
Dorian Scholz, CEO and Co-Founder Energy Robotics
PatreonYou can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3dLooking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
The StartupThe startup Energy Robotics helps to inspect remote places on a regular based. The Darmstadt-based startup offers software to make robots operate autonomously, as well as enable them to be operated remotely, in case this is needed. There are very remote places, running semi-autonomously e.g. platforms to drill for oil and gas (https://www.offshore-technology.com/features/inside-the-first-fully-automated-offshore-platform/). Nonetheless, these places need regular inspections e.g. gas leaks, which can be performed by robots with the Energy Robotics software, on different software platforms.
The robots record automatically the pictures and data on its automated round.
Dorian Scholz, CEO and Co-Founder Energy Robotics
Venture Capital FundingEnergy Robotics is currently looking for investors for their seed round, for one million Euros.
The Video Interview is set to go live on Thursday, June 18th 19.00 Frankfurt, 1 PM Eastern Time, 18.00 UTChttps://youtu.be/FedF8gXLxko
The Audio Interview is set to go live next weekThe Audio Podcast will be published next week. Subscribe to our podcasts here
Further Readings / Additional RessourcesThe RoboCup https://www.robocup.org/The soccer play from Darmstadt Bruno Labbadia https://en.wikipedia.org/wiki/Bruno_LabbadiaSearch and Rescue Channel https://www.youtube.com/user/TeamHectorDarmstadtHardware Partner of Energy Robotics, the startup EX Robotics
This Month in German Startups - May 2020If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recordings and the articles we are quoting from there. Some of the source articles are in English, some are in German.
Reach out to usOur audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA Find the hosts here:Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)Christian “Chris” Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)PatreonIf you like our podcast, consider supporting us on Patreon: https://www.patreon.com/startupradio
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as an audio and video podcast. Yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJVideo Recording - YouTube (the video will premiere on Thursday, May 28th 19.00 CET / 1 pm Eastern)https://youtu.be/Yu_rojiz9mw
Housekeeping - Time to brag The current situation looks a bit better, so we feel ok with a tiny bit of bragging :-) We made it in Russia's Apple Tech Podcast Charts (up to #121) and PR China Apple Tech Podcast Charts (up to #485). This gets the total to 30 countries! We are also now on Patreon. If you like your podcast, become a patron! (www.patreon.com/startupradio)We published again some cool interviews, where we wanted to highlight especially this month’s interview with IDA, where we talk to the CEO and Co-Founder Hamedo Ayadi of Intelligence Data Analytics. At the start of the coronavirus outbreak, 70% of their employees worked related to aviation, which was completely stopped by one phone call. He tells the story of how they changed strategy fast to survive: https://www.startuprad.io/interviews/ida-pivoted-fast-during-corona-before-70-of-their-employees-worked-with-aviation-companies/ Coronavirus / Covid19German government approves the corona aid package for startups. A two billion fund will add to private funding from the package (30% private, 70% public) this is called „Corona-Matching-Fazilität“ (CMF). The package was put together quite fast since the first announcement has been in mid-April. https://buff.ly/2zFr4jL There will be another pillar, called “Startup-Schutzschild” (startup shield), which will assist the instruments of Germany’s 16 states for startups, who have no backing by investors yet. Related we found news about...
Learn from an Indian-born entrepreneur, who raised 35 mn Euros Venture Capital in Germany"Hessen is the natural home for startups and entrepreneurs"
Gunjan Bhardwaj – Founder and CEO Innoplexus
The Enabler of our InterviewThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:
Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANOTech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJ The Startup FounderOur interview partner is again Gunjan Bhardwaj (https://www.linkedin.com/in/gunjan-bhardwaj-b321a32/), not the actor. He is a former EY and BCG consultant, as well as a TED speaker. He likes to work a lot, so he is also the author of the book “Inside the Cockpit: Navigating the Complexity of Drug Development with AI and Blockchain” (https://amzn.to/2QYI1eL).
“Frankfurt … it is the center of Europe, it is so super connected.”
Gunjan Bhardwaj – Founder and CEO Innoplexus
PatreonYou can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.
"Everybody has to chart his or her own course. I am a deep believer in instinct."
Gunjan Bhardwaj – Founder and CEO Innoplexus
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
Interview Part 1This is part two of a series of interviews with Gunjan. You find part one of our interview here:
https://www.startuprad.io/blog/meet-innoplexus-the-startup-which-fights-all-diseases/
“… but I also have to say that investors in this part of the world look at the long term picture … but once they are convinced, they are partners for the long term”
Gunjan Bhardwaj – Founder and CEO Innoplexus
One Day Commute to New YorkOne of the things Gunjan likes about Frankfurt is its great connectivity. With the connections of Frankfurt Airport (IATA Code FRA, therefore know as Fraport) you can get on a plane, meet in New York in the afternoon and be back in Frankfurt early the next morning https://en.wikipedia.org/wiki/Fraport
Germany is one of the best places to start a company.
Gunjan Bhardwaj – Founder and CEO Innoplexus Advice in FundraisingInnoplexus counts among its investors HCS (
IDA Pivoted during Coronavirus to a more diversified strategyWe got a call from our largest client [during Corona] and they told us to immediately stop all work for them. Within two hours we lost everything we build up in three years.
Hamedo Ayadi – Co-Founder and CEO IDA
The founderIn this interview Jörn “Joe” Menninger, founder, and host of Startuprad.io talks to Hamedo Ayadi (https://www.linkedin.com/in/hamedo-ayadi-00021b15a/), co-founder and CEO of IDA – Intelligent Data Analytics (https://ida-analytics.de/). Hamedo is originally born in Morocco and a serial entrepreneur, always based around Frankfurt and the Rhine-Main-Area. He speaks five languages and English is his 5th language. He has not used English in a business setting for 7 years before our interview, so please cut him some slag. He came to Germany early in his life and studied Psychology at the University of Mainz.
PatreonYou can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.
Within two days after our major client called us – to stop all work for them -, we defined a new strategy for IDA … we prepared new services, for new customers for fixed prices
Hamedo Ayadi – Co-Founder and CEO IDA
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
Startup of the Month May 2020IDA is the Startup of the Month - May 2020 by Frankfurt Forward. This podcast is in a media partnership with Frankfurt Forward. You can learn more about the startup and the initiative here (German only) https://www.frankfurtforward.com/startups/ida
Corona really gave us a hard time. 70% of our employees do work related to aviation
Hamedo Ayadi – Co-Founder and CEO IDA
The Startup
IDA is the second company of Hamedo, both of which he co-founded with one of his colleagues from Unisys. They sold their first business – a tech consulting company – which worked with SAP tools and their integration and maintenance in large corporates. They sold the company end of 2017.
IDA is a platform to connect all data in a single platform and make them usable for the client. They help to optimize and workflows and business processes
IDA started originally with a meeting of chance in a train driving from Frankfurt to Munich
Hamedo Ayadi – Co-Founder and CEO IDA
Venture Capital
IDA has been bootstrapped so far, but they are looking to raise a Series A Venture Capital round. They want to use the funds for global and cross industry expansion. If you want to get introduced to them, let us know.
The Video Interview weng live on April 2nd 19.00 Frankfurt (1 PM Eastern, 18.00 London)https://youtu.be/9mHpBDwHAHc
Further Readings / Additional Resources
Learn more about Frankfurt Forward here: https://www.frankfurtforward.com/
Feedback
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
Send in a voice message:
Quantgene can detect early-stage cancer in a single draw of bloodWhat we are doing is a potential game-changer in medicine. … it makes the detection [of dead cells form tumors] single-molecule precise.
Johannes “Jo” Bhakdi – CEO and Co-Founder of Quantgene
The FounderIn this interview, we talk to Johannes “Jo” Bhakdi (https://www.linkedin.com/in/jo-bhakdi-5048811/), originally born and raised in the Rhine-Main Area in Germany, but now founder of the AI and Big Data Startup Quantgene (https://www.quantgene.com/, https://www.crunchbase.com/organization/quantgene) in Santa Monica, CA. Quantgene describes itself as a deep genomics startup. They also have an office in Berlin and they hire for both locations.
By training Jo is an economist, who graduated from the University of Tübingen (https://en.wikipedia.org/wiki/University_of_T%C3%BCbingen), a research-heavy university known for its 11 Nobel Laureates in Medicine, Chemistry, and Physics.
Jo started out in advertising and marketing (marketing strategy). He went from there in corporate development, especially mergers and acquisitions. This brought to the USA, first to New York with a stop in venture capital. He was working with his first startup in quantitative seed-stage investments.
What we developed is blood test, that guides physicians in detection of early stage cancer.
Johannes “Jo” Bhakdi – CEO and Co-Founder of Quantgene
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
The Startup
To give you an idea of what we are doing: It is a few megabytes – a simple sequencing of your genome. What we are doing generates files of 200+ Gigabytes
Johannes “Jo” Bhakdi – CEO and Co-Founder of Quantgene
Quantgene is a deep tech startup, working with ai, machine learning, and big data to fight cancer. They describe themselves as a deep genome startup. Quantgene is working on unlocking specific hints about cancer in the human genome since cancer is “encoding” itself into the human genome. Quantgene developed a very specific new capability to unlock the human genome of a very deep level. Startups like 23andme generate averages in genome sequencing, a kind of simplification. Quantgene’s approach, on the other hand, is much more specific, but also very complex. They are looking for dead cancer cells – so-called cell-free DNA – in your blood sample. This only works if they are not working with averages but analyze a single copy of DNA in a sample. They had to develop a vast software infrastructure and their own chemistry to make their idea work.
Quantgene also has an office in Berlin, from which Jo joined the Startuprad.io interview. They call it the “Mustererkennungs Einheit” which means the pattern recognition unit.
Quantgene launches in 2020 (as planned before Corona) first in the USA and within some time they want to launch in Germany, Austria, and Switzerland.
When you have very early cancer, no one can see, and no one can find – with the current methods. The cancer cells die, and they shed the dead cells into your blood. So they are in your blood as cell free DNA.
Johannes “Jo” Bhakdi – CEO and Co-Founder of Quantgene
The Video Interview is set to go live on May 7th 19.00 CET(1 pm Eastern, 18.00 London )
We called our initial offering “Sales as a Service.”
Swen Wegner, CEO and Founder Mainstage Incubator
Mainstage Incubator helps startups to conquer Europe
Whether your startup is from India, Bangladesh, Brazil, the United States, Argentina, Korea, South Africa, or even New Zealand, you can start exploring the German and European Market with the digital program of Mainstage Incubator.
The Founder
In this interview, we are talking to Swen Wegner (https://www.linkedin.com/in/swenwegner/), Founder and CEO of Mainstage Incubator (https://www.mainstage-incubator.com/), which is a relatively new incubator headquartered in Frankfurt, in the heart of Europe. Swen is half Indian, half German, and spent parts of his life in both countries. He spent his time in India for example in Kerala (https://en.wikipedia.org/wiki/Kerala).
The interview was remotely recorded during a time of partial lockdown in Germany, due to Covid19.
In the past, he has worked for large multinational corporations, as well as small startups. He refers to a “founder you may know” to Emboled.io (we interviewed the founder Vishal Ray, at this time they were still called Acellere). You find both interviews, dating back to March 2019 below:
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Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye
The Incubator
As a pilot we positioned some Indian startups to German corporates.
Swen Wegner, CEO and Founder Mainstage Incubator
Mainstage Incubator is a distributed company. They have offices in Frankfurt, Germany, and India. They stared out, presenting Indian startups to German corporate customers. Now they help startups from all over the world to present themselves to German customers, to bridge the cultural gap.
Their goals are
To find clients in Germany, and from here in Europe
The ultimate goal is to bring international startups physically to Germany, so they can expand all over Europe.
Bring startup from Germany to India
The Mainstage Incubator already signed partnership agreements with Argentina, Columbia, Japan Bangladesh, Sri Lanka, Nepal, and now the United States.
Apply here for the Mainstage Incubator
You can apply to the Mainstage Incubator right here https://bit.ly/ApplyMainstage
The Video Interview is set to go live on May 5th, 19.00 Frankfurt Local time (18.00 London, 1 pm New York, 10 am San Francisco)
We are still experimenting with time zones. Let us know which publication time you like best in the feedback link at the bottom end of this post.
https://youtu.be/Djd8wp8gC10
We give the Indian startups hints on how to wrap up a meeting with a German corporate in 30 minutes with a sale.
Swen Wegner, CEO and Founder Mainstage Incubator
Here you find the audio-only podcast of our interview - Subscribe so you won't miss another episode
The interview will be published across our podcasts during the early morning of May 7th, so you have your episode on your device for your commute or morning coffee the next morning.
You can subscribe to Startuprad.io here:
YouTube http://bit.ly/2LK14oW iTunes
This Month in German Startups - April 2020
If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recordings and the articles we are quoting from there. Some of the source articles are in English, some are in German.
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
Find the hosts here:
Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Together with our enabler we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJ
Housekeeping - Time to bragA tiny bit of hope is back, so we do a bit a of bragging again:
Wow, the days around Easter have been AMAZING for Startuprad.io. We retained our position in Chartable's Global Top 100 Technology and Global Top 100 Science Charts, but we also entered the iTunes Technology Charts in Vietnam for the first time. Again in the US and UK welcomed us to their Apple Technology Podcast Charts again in the Top 200 https://twitter.com/startuprad_io/status/1252523750123352066
You can subscribe to Startuprad.io here:
YouTube http://bit.ly/2LK14oWiTunes http://apple.co/2xsHdaESpotify http://spoti.fi/2DfIt1OOur Sub-Podcasts:
💢 Fintech Germany by Startuprad.io iTunes: http://apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: https://apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: https://apple.co/2O2jwLxSpotify https://spoti.fi/2qucve8German Startup News (Video)iTunes https://apple.co/3agUim9 German Startup News (Audio)iTunes https://apple.co/2Jg2fMw Spotify https://spoti.fi/2UeZ3ah
Housekeeping - tracking startups we interviewed...
Meet Innoplexus the startup which fights ALL diseasesDespite the commonly held belief, I grew here faster in Germany than in the US or in the UK
Gunjan Bhardwaj – Founder and CEO Innoplexus
Important information upfront – the Fight against Corona Virus / Covid19 For the corona virus, we not only have to flatten the curve, we have to flatten the disease.
Gunjan Bhardwaj – Founder and CEO Innoplexus
Innoplexus grants free access to the research platform “Acceleration of Covid19 research:” https://coronavirus.ontosight.ai/
Here is the COVID19 Dashboard of Innoplexus: https://covid19.innoplexus.de/news
We are working on a completely new molecule to address the current and future coronavirus. The current problem with Corona will not stop. There will be further strains coming in.
Gunjan Bhardwaj – Founder and CEO Innoplexus
The EnablerThis is a video interview from our podcast Tech Startups Germany. All the recordings on this channel are made possible by Invest in Hessen (learn more here https://www.invest-in-hessen.com/home).
We fight all diseases. Right from the start, we wanted to provide an AI platform to solve all relevant problems in drug discovery and development.
Gunjan Bhardwaj – Founder and CEO Innoplexus
The PodcastsWe will post this interview and all others as podcast(s) next Tuesday night Central European Time. Subscribe here and have them on our device when you wake up:
💢 Audio only - Tech Startups Germany by Startuprad.io
iTunes https://apple.co/2Z17bfl
Deezer http://bit.ly/2Qbh1rl
TuneIn http://bit.ly/2M8vpzn
Stitcher http://bit.ly/34xTANO
💢 Video - Tech Startups Germany by Startuprad.io
iTunes https://apple.co/2M8ZxKJ
The founderGunjan Bhardwaj (https://www.linkedin.com/in/gunjan-bhardwaj-b321a32/), not to be confused with the actor with the same name. His first enterprise was selling bean bags during university. He is a former consultant and a graduate of IIT Bombay, as well as a TED speaker. He enjoys a lot of work since he is also the author of the book “Inside the Cockpit: Navigating the Complexity of Drug Development with AI and Blockchain” (https://amzn.to/2QYI1eL). Surprisingly Gunjan is not a physician. He changed careers after one of his mentors became sick with cancer because he wanted to know about alternatives for treatments.
Medical Data doubles every 73 days. Medical data at the end of the year is more than 32 times at the beginning of the year.
Gunjan Bhardwaj – Founder and CEO Innoplexus
________________________________________________________
Affiliate LinksWhy not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.
Recommended by: Bill Gates
“Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlBRecommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKeRecommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhwRecommended by: Tony Hsieh
“Tribal Leadership: Leveraging...
As a developer … I want to work on a feature… and if I make a security relevant mistake, I have to get a report, but not disturbed in my workflow.
Janosch Maier, CPO Crashtest Security
The founderIn this interview, Joe from Startuprad.io talks to Janosch Maier (https://www.linkedin.com/in/janoschmaier/), CPO and Co-Founder of Munich-based Crashtest Security (https://crashtest-security.com/) a cybersecurity startup. Crashtest security helps to scan web applications for know vulnerabilities, so automated hacks can not be successful.
Crashtest security is part of focus this year of Munich-based entrepreneurs. The recording was done before Corona really struck.
Janosch has a bachelor’s in computer sciences, with a minor in education. During the interview, he tells us the story of how he met a US-based hacker in Uganda and how this puts him on track to start his company.
Don’t use software, that isn’t supported anymore. You open yourself for attackers.
Janosch Maier, CPO Crashtest Security
Affiliate LinksOur affiliate partners:
Startup in need of a bank account? Try our partner Penta http://bit.ly/3bdHX3d
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You can listen to many of the books from our recommendations with an audible subscription: https://amzn.to/2pGzseh
The Startup
The Startup Crashtest Security is based in the center of Munich. (https://www.linkedin.com/company/crashtest-security/, https://crashtest-security.com/, https://www.crunchbase.com/organization/crashtest-security
The startup has a Software as a Service security tester. In order to use it, you need to sign up and enter the details of your website and the penetration test starts. If Crashtest Security finds a vulnerability they let you know how they got in. For these tests, they use know vulnerabilities, open-source tools, and their proprietary know-how.
You can imagine our tool as an online virus scanner for known vulnerabilities.
Janosch Maier, CPO Crashtest Security
The Video Interview is set to go live on April 9th 15.00 CET (10 am East Coast Time, 14.00 London)https://youtu.be/CzcKlRKI6cc
FundingCrashtest Security is currently financed by business angels, but they may be looking for capital soon. Reach out to us, we will connect you to the team.
Further Readings / Additional Resources
Hackers for Charity: https://www.hackersforcharity.org/about-us/
Uganda: https://en.wikipedia.org/wiki/Uganda
Worth visiting due to the national parks (just some examples here)
https://en.wikipedia.org/wiki/Bwindi_Impenetrable_National_Parkhttps://en.wikipedia.org/wiki/Queen_Elizabeth_National_ParkFind more here:
This Month in German Startups - March 2020If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recordings and the articles we are quoting from there. Some of the source articles are in English, some are in German.
FeedbackReach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
Find the hosts here:Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)
Note that Chris decided to stay in New York to be able to report from there, which is the epicenter of the US corona outbrake! Thank you for that!
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJ______________________________________
Our affiliate partners:Startup in need of a bank account? Try our partner Penta http://bit.ly/3bdHX3d
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Need office space? Co-Working at WeWork https://we.co/2GYbxvS
Need something done fast? SEO / Graphics / Sounds / Transcript look at Fiverr: http://bit.ly/2S0f2YF
You can listen to many of the books from our recommendations with an audible subscription: https://amzn.to/2pGzseh
______________________________________HousekeepingNo bragging this time.
Now there is
💢 Fintech Germany by Startuprad.io iTunes: http://apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: https://apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: https://apple.co/2O2jwLxSpotify https://spoti.fi/2qucve8German Startup News (Video)iTunes https://apple.co/3agUim9 German Startup News (Audio)iTunes https://apple.co/2Jg2fMw Spotify
Covid 19 Coverage of Startuprad.io
Our affiliate partners:Startup in need of a bank account? Try our partner Penta http://bit.ly/3bdHX3d
Looking for a bank account to shift between crypto and fiat? Try our partner Bitwala: http://bit.ly/2w01Zye
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You can listen to many of the books from our recommendations with an audible subscription: https://amzn.to/2pGzseh
WelcomeWelcome to the 2nd episode of our special covid19 coverage for the German startup scene. This is a special issue with an attorney at law Tim, focusing on special legislation in Germany for the shutdown of public life and the consequences for a business.
Our GuestTim Wullbrandt (Attorney at Law) http://www.wullbrandt-rechtsanwaelte.de/heidelberg-based-law-firm-experienced-attorneys-for-criminal-defense-family-law-insolvency-law-in-germany/
Article by Tim (German) about the new legal rules:
Neue Gesetze wegen Corona-Krise - was ändert sich? https://buff.ly/2xltPp4
Our ScopeEverything we discuss here only holds true in GERMANY since Startuprad.io is focused here. The rules, laws, and regulations do not apply anywhere else.
Give us FeedbackReach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
Find the host here:
Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Keep in mind, there are many people out there looking for help AND THERE WILL BE SCAMMERS, so validate your sources, start from associations and government pages. Be wary of potential scams.
There is an explicit warning on the official portal for insolvency filings in Germany - Insolvenzbekanntmachungen https://buff.ly/2J7RM62
Normal insolvency filings and proceedingsReasons for insolvencyInsolvency / IlliquidityImminent illiquidity (time frame unclear)Overextension, you have more depth than assets Insolvency applicationExamination of applicationOpening of insolvency proceedings
Upfront tax payments / prepaid taxes https://www.sapling.com/8419090/prepaid-taxes
Shareholder loans https://www.financierworldwide.com/shareholder-loans-under-german-insolvency-law#.Xno2T4hKhhE
Special about this situation with Covid19, as of March 2020Here is the link to the current bill/draft law on the homepage of the German Federal Ministry of Justice https://www.bmjv.de/SharedDocs/Gesetzgebungsverfahren/DE/FH_AbmilderungFolgenCovid-19.html
Content:
Under certain conditions, there is no obligation to file for insolvency until September 30th, 2020.
There is a restriction for termination of rental contracts (think offices)
There is also relaxation for decision making for legal entities
⇒ Talk to your lawyer about it!
The Video Interview (published March 24th)
This Month in German Startups - Corona Flash - March 19th, 2020This is a special format for our startup news. We will keep you updated on the developing Covid19 story and its impact on the German startup scene.
If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners share links or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA
_____________
Our affiliate partners:
Startup in need of a bank account? Try our partner Penta http://bit.ly/3bdHX3d
Looking for a bank account to shift between crypto and fiat? Try our partner Bitwala: http://bit.ly/2w01Zye
Need office space? Co-Working at WeWork https://we.co/2GYbxvS
Need something done fast? SEO / Graphics / Sounds / Transcript look at Fiverr: http://bit.ly/2S0f2YF
You can listen to many of the books from our recommendations with an audible subscription: https://amzn.to/2pGzseh
____________
Find the host here:Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
IntroHi there,
This is Joe from Startuprad.io. Since the Corona outbreak in Europe, we surpassed 150.000 subscribers. I would like to thank you all and keep you up to date with the current development.
Public life in Germany is now greatly reduced. In most of Germany’s sixteen states the opening hours of bars and restaurants are severely limited and only selected stores (think groceries, pharmacies, …) remain open during normal hours.
This has a great impact on startups in Germany, from changing to remote-only work, to a heavy drag on revenues, to finding emergency funding. We thought we would give you an overview, as a short flash update.
We want to provide you with collections of links and reports, that point you where to find information, help and can read more.
German Startup Association's Link Collection“This is a list of public coronavirus // Covid-19 communications/measures and resources.
Disclaimer: The content below is crowdsourcing content, so it is not independently verified. It is intended as a resource for founders and management teams who are currently discussing their own actions on SARS-CoV-2/COVID-19 and want to learn from the ecosystem. “
SARS-CoV-2/COVID-19: Collected Best Practices of the German Startup Scene - German Startups Association
https://docs.google.com/document/d/1UKRxxg3SiOH7hBUnS8Tn81zAqoG4KcWBpSPBTpfidzk/preview
Some highlights from the document:
Guide to support measures for startups affected by coronavirus | Sifted https://buff.ly/2QqjAXhCOVID-19 Symptoms and what to do, incl. list of links and phone numbers in relevant geographies - 15.3.20Kurzarbeit is in Germany short term measures to support companies, where part of the employees pay is taken over by the government. Find more information here: Very Detailed Frequently Asked Questions on Kurzarbeit - 17.3.2020Obligation to file for insolvency due to corona suspended for companies in Germany - 16.3.2020Global collection of VC resources, measurement lists, blog posts and other communications - 18.3.2020
Codario.io makes open source security easyMedia PartnershipThis interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/news/). Codario is the Startup of the Month March 2020. Congratulations!
The FounderWe talk to Johannes “Joe” Noll (https://www.linkedin.com/in/johannes-noll-10907478/), co-founder and CEO at Codario.io (formerly known as App Guard) (https://codario.io/, https://www.crunchbase.com/organization/codario), a cybersecurity startup from the Rhine-Main Area (Darmstadt).
Johannes is a returning interview partner, due to our media partnership. If you want to learn more about him and the startup, see at the end of this post for the interview posted on October 10th 2019, where we talked to him at an event.
Johannes got sucked in the startup world by attempting to make a copycat of the app Jodel (https://www.crunchbase.com/organization/jodel). It is an app for sharing anonymously gossip. The name is inspired by the Bavarian jodeln (see video below – Further Readings).
We help software developers to use open source in a secure way.
Johannes “Joe” Noll of Codario.io during his Startuprad.io interview
Affiliate Links (AL)Is your startup in need of a bank account? Try our partner Penta http://bit.ly/3bdHX3d
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The StartupCodario is a cloud-based open-source dependency update as a service solution. As a software developer one uses not only own code, but also open-source code (libraries). The startup helps software developers to monitor and update these open source libraries they are using, so known vulnerabilities of old versions cannot be exploited in the new project.
They are currently 5 people. Codario has paying customers like the University of Heidelberg (the world's 2nd oldest university) or the European Commission.
Our slogan is “Open source security made easy”
Johannes “Joe” Noll of Codario.io during his Startuprad.io interview
Find the video interview from March 12th 2020 here:https://youtu.be/MD4cvuM3usM
If you are not updating your 3rd party code hackers can attack your web application, even if you have your own code secured.
Johannes “Joe” Noll of Codario.io during his Startuprad.io interview
Top Book Picks by 28-year-old serial entrepreneur Peter (AL)Principles by Ray Dalio https://amzn.to/38ZgmB7
The man who solved the market https://amzn.to/2SZ6Jgw
What You Do Is Who You Are: How to Create Your Business Culture https://amzn.to/2SYi00x
The little prince https://amzn.to/3c6hWDm
Friedrich Nietzsche’s Books:
Ecce Homo: How One Becomes What One is https://amzn.to/2HSuAYDThus Spoke Zarathustra: A Book for All and None https://amzn.to/37W2qGLHerman Hesse’s Books
Siddhartha...
The EnablerThis is a video interview from our podcast Tech Startups Germany. All the recordings on this channel are made possible by Invest in Hessen (learn more here https://www.invest-in-hessen.com/home).
The PodcastsWe will post this interview and all others as podcast(s) next Tuesday night Central European Time. Subscribe here and have them on our device when you wake up:
💢 Audio only - Tech Startups Germany by Startuprad.io
iTunes https://apple.co/2Z17bfl
Deezer http://bit.ly/2Qbh1rl
TuneIn http://bit.ly/2M8vpzn
Stitcher http://bit.ly/34xTANO
💢 Video - Tech Startups Germany by Startuprad.io
iTunes https://apple.co/2M8ZxKJ
We come to love the work ethics here. Frankfurt is a work minded city.
Peter Hart during his Startuprad.io interview
The FounderIn this interview for Invest-in-hessen.com we are talking to Peter Hart (https://www.linkedin.com/in/peter-hart-94373435/), a serial entrepreneur, based in Frankfurt. Despite being just 28 years old, Peter already launched 12 ventures. He started out back in 2015 with his consumer product brand Dr. Severin (https://drseverin.com/). During his first venture launch, Joe interviewed Peter in German back in 2015. We talk to him about his newest venture Pythia AI (https://www.pythia-ai.com/)
I don’t divide between business books and private books. If you grow personally, you grow as a leader.
Peter Hart during his Startuprad.io interview
The StoryWe talk to him to learn more about his 12th venture, called Pythia AI (https://www.pythia-ai.de/). Pythia was started when Peter followed his data-driven approach to launch new consumer products and he got approached by Rossmann (https://en.wikipedia.org/wiki/Rossmann_(company)), Germany’s 2nd largest chain of drug stores. The drug store chain invested in the startup (https://www.crunchbase.com/organization/pythia#section-funding-rounds) to help them with forecasting trends for product development.
In case you are wondering: The venture is named after the priest, founding and serving the Oracle of Delphi in Greek mythology (https://en.wikipedia.org/wiki/Pythia).
Peter looks a bit tired in the interview, since he just returned from opening an office in Sunny Vale, in the Silicon Valley.
We are very happy with the talent pool here (in Frankfurt), especially the engineers.
Peter Hart during his Startuprad.io interview
The Silicon Valley JourneyDuring his time in Silicon Valley, Peter wanted to reach out to venture capital investors. He went along the two main streets where they are headquartered and knocked on their doors. Surprisingly this was very successful, and it appears no one has done this before.
Series A Venture Capital RoundDespite knocking on many doors in Silicon Valley, Pythia is not done with their fundraising and they are looking for additional investors for their Series A fundraising.
I think philosophy goes really well with business. You formulate a more concrete business philosophy.
Peter Hart during his Startuprad.io interview
Find the video interview here:https://www.startuprad.io/blog/pythia-forecasts-the-next-trend-in-consumer-products/
Peter’s Top Book PicksPrinciples by...
This Month in German Startups - February 2020If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.
Find the hosts here:
Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)
This February our news is quite short. This is due to the fact that we try to shrink them, as well as that we had only approx. 3 weeks since the last news.
Affiliated LinksThe hard thing about hard things
https://amzn.to/2S62X30Ben Horowitz tells his story from an employee, afraid to loose his job to CEO of a company caught in the dotcom bubble to VC investorZero to One: Notes on Start Ups, or How to Build the Future https://amzn.to/37H2MSpPeter Thiels, the famous investor tells you his mental framework to think about innovationBlitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies https://amzn.to/2Ob0xySReid Hoffmans, the founder of LinkedIn, advice on scale fast
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
https://amzn.to/2v97KZG
Read worthy book to familiarize yourself with economic theory, or learn more about how to apply it.Need a bank account? Try our partner Pentahttp://bit.ly/3bdHX3dNeed space to work? Try our partner WeWorkhttps://we.co/2GYbxvSLooking for someone to design a logo, do a transcript or a voice-over? Find all of it and more at our partner Fiverrhttp://bit.ly/2S0f2YFYou can listen to Venture Capital books or entertainment on your way to work with an audible subscription – you get the first month for free
https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJ Find all the links to our sources on our Blog here: https://www.startuprad.io/blog/this-month-in-german-startups-february-2020-video/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
TEC4MED works on the next generation smart logisticsThis interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/news/). We talk to Nico Höler (https://www.linkedin.com/in/nico-h%C3%B6ler-7a203283/), one of three founders and CEO of TEC4MED (https://www.tec4med.com/)a MedTech startup from the Rhine-Main Area (Darmstadt). Nico is a returning interview partner, due to our media partnership. If you want to learn more about TEC4MED and their most recent product the NelumBox, scroll down this blog post, we will post the interview from May 2019, where we talked to him for almost 40 minutes.
The idea of NelumBox was born in the Entrepreneur Club of the Technical University Darmstadt. The box is used to transport temperature-sensitive medical products, like drugs. During the interview in May 2019, they forecasted to deliver the NelumBox in July 2019. Many startups learn that "hardware is hard" and so they are now shipping the first final products to the clients. None the less the ambitions of the startup is not gone and they have some new products in the pipeline which will turn them in a service provider for logistics in the medical field and pharma supply chains.
Tune in to learn more.
If you want the next generation of smart logistic products, you should reach out to us
Nico Höler, CEO and Co-Founder TEC4MED
Affiliate LinksThe hard thing about hard things
https://amzn.to/2S62X30Ben Horowitz tells his story from an employee, afraid to loose his job to CEO of a company caught in the dotcom bubble to VC investorZero to One: Notes on Start-Ups, or How to Build the Future https://amzn.to/37H2MSpPeter Thiels, the famous investor tells you his mental framework to think about innovationBlitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies https://amzn.to/2Ob0xySReid Hoffmans, the founder of LinkedIn, advice on scale fast
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
https://amzn.to/2v97KZG
Read worthy book to familiarize yourself with economic theory, or learn more about how to apply it.Need a bank account? Try our partner Pentahttp://bit.ly/3bdHX3dNeed space to work? Try our partner WeWorkhttps://we.co/2GYbxvSLooking for someone to design a logo, do a transcript or a voice-over? Find all of it and more at our partner Fiverrhttp://bit.ly/2S0f2YFYou can listen to Venture Capital books or entertainment on your way to work with an audible subscription – you get the first month for free
https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21
Here is the career website of TEC4MED https://www.tec4med.com/career/
Blogpost (including video interviews)
https://www.startuprad.io/blog/tec4med-works-on-the-next-generation-smart-logistics/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Find all the links to our source articles and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-january-2020/
This Month in German Startups - January 2020 - by Startuprad.ioIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.
Find the hosts here:
Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)
Affiliated LinksThe hard thing about hard things https://amzn.to/2S62X30
Ben Horowitz tells his story from an employee, afraid to loose his job to CEO of a company caught in the dotcom bubble to VC investorZero to One: Notes on Start Ups, or How to Build the Future https://amzn.to/37H2MSpPeter Thiels, the famous investor tells you his mental framework to think about innovationBlitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies https://amzn.to/2Ob0xySReid Hoffmans, the founder of LinkedIn, advice on scale fast
You can listen to Venture Capital books or entertainment on your way to work with an audible subscription – you get the first month for free
https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Together with our enabler we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJhttps://youtu.be/aIngva0lCWo
Housekeeping - Time to brag South Korea is Country No 26 which welcomed us to their iTunes podcast (tech) charts! Thank you very much!
Now there is
💢 Fintech Germany by Startuprad.io iTunes: http://apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: https://apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: https://apple.co/2O2jwLxSpotify
Interview PartnerIn this interview, Joe is talking to Alexander Lange – Co-Founder and Head of Software Engineering (https://www.linkedin.com/in/alexander-lange-527522119/) at Darmstadt based deep tech startup Xelera Technologies (https://xelera.io/). He has been with the German Aerospace Center and the European Space Agency.
The StartupXelera Technologies offers specialized software for FPGA processing, which accelerates cloud computing considerably for certain tasks. Xelera already won two awards from the German federal ministry of economics and energy (including digital startup of the year 2019) https://www.de.digital/DIGITAL/Redaktion/DE/Gruenderwettbewerb/Artikel/preistreager-Digitales-Start-up-des-Jahres-2019.html. The startup has also been named a “Top 50 Startup” by German Blog Für-Gründer (https://www.fuer-gruender.de/beratung/gruenderwettbewerb/studie-2019/top-50/)
Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People
by Stephen R. Covey
https://amzn.to/2sGDy78
The 8th Habit: From Effectiveness to Greatness
by Stephen R. Covey
https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj
Deep Tech PodcastIf you are interested in German deeptech startups, you can find our audio-only podcast "Deeptech Germany by Startuprad.io" here:
iTunes: https://apple.co/2oWO3Sl
Spotify https://spoti.fi/2qucve8
Venture Capital RoundXelera is currently raising its seed round in Q2 2020. If you are interested in investing, reach out to us, we will get you connected.
Further ReadingFormerly with DLR (German Aerospace Center) https://en.wikipedia.org/wiki/German_Aerospace_Center
ESA https://en.wikipedia.org/wiki/Rosetta_(spacecraft)
ESOC https://en.wikipedia.org/wiki/European_Space_Operations_Centre
FPGA https://en.wikipedia.org/wiki/Field-programmable_gate_array
GPU https://en.wikipedia.org/wiki/Graphics_processing_unit
FPGA coding https://www.fpga4student.com/2017/08/what-is-fpga-programming.html
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.
Find the hosts here:
Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)
Publication ScheduleThis episode will … substitute the June News. This year startuprad.io’s news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives.
About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover.
Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People
by Stephen R. Covey
https://amzn.to/2sGDy78
The 8th Habit: From Effectiveness to Greatness
by Stephen R. Covey
https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj
EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/
Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJHousekeeping - Time to brag We had more than 165.000 unique listeners to our audio podcast(s), keep in mind, most of them are only live since Q3. We had almost 350.000 views on Youtube and more than 2 mn impressions on social media.
You can find our top videos here on Instagram:
https://www.instagram.com/p/B7GcEC6IZd7/
Thank you very much for sticking with us, we greatly appreciate you guys!
Our sub-podcasts
💢 Fintech Germany by Startuprad.io iTunes: http://apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: https://apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: https://apple.co/2oWO3Sl...
You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
A personal note from Joe: Every time you see Johannes smile, I was telling stupid stuff / laughing in his earbuds. Sorry about that, but I had a lot of fun recording the interview.
Interview PartnerIn this interview, we are talking to Johnnes Mattmann (https://www.linkedin.com/in/johannes-mattmann/,https://www.crunchbase.com/person/johannes-mattmann), founder of flyingshapes (https://www.flyingshapes.com/ https://www.crunchbase.com/organization/flyingshapes) a VR startup, which offers a software for industrial design (think automobiles, machines, planes, …).
Johannes studied particle physics and even had a research stay for his Ph.D. at CERN (https://en.wikipedia.org/wiki/CERN). Known to many people from Big Bang Theory (as large hadron collider https://www.youtube.com/watch?v=mL9XeopaOTY) but should actually be known as the birthplace of the world wide web.
The StartupDuring his studies, he had to make abstract data visual and process lots of abstract data, which he can now apply at flyingshapes. flyingshapes helps companies to do more of their product development process in their software and therefore enable them to accelerate their process. They also enable virtual design teams from across the world.
Venture FundingFlying shapes raised investments in fall 2019 from ISB (https://isb.rlp.de/home.html) and Bito Campus (https://www.crunchbase.com/organization/bito-campus), but they are looking for more investors in 2020. If you are interested, reach out and we connect you.
Affiliated Links
Looking for VR headsets? We talked about some of them in our interview.
Oculus Go VR Gaming Headset - 32GBhttps://amzn.to/37q8BmBOculus Quest All-in-one VR Gaming Headset – 128GB + Vader Immortal: A Star Wars VR Serieshttps://amzn.to/37nvZkEHTC Pro Eye Virtual Reality Kit Blackhttps://amzn.to/39xmWjeHTC VIVE - VR Brillehttps://amzn.to/2ZEPTVVSamsung Gear Virtual Realityhttps://amzn.to/2SKSEDMSamsung Gear Virtual Reality (glasses only)https://amzn.to/2ZGjwWR
During the interview we are talking about:CAD https://en.wikipedia.org/wiki/Computer-aided_design
Computational Geometry https://en.wikipedia.org/wiki/Computational_geometry
Polygon https://www.mathsisfun.com/definitions/polygon.html
Parametric curves: http://mathonline.wikidot.com/parametric-curves
Find all the links and videos (interview, as well as mentioned videos) here:
https://www.startuprad.io/blog/mainz-based-flyingshapes-accelerates-product-development-with-their-vr-software-video/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.
Talk to the hosts: Jörn “Joe” Menninger joe@startuprad.io Chris Fahrenbach chris@startuprad.io
Find all the links here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2019-by-startuprad-io/
Recommended Holiday Readings (Affiliated Links)
The Fire Starter Sessions by Danielle LaPorte
https://amzn.to/38Ug3rU
The 7 Habits of Highly Effective People
by Stephen R. Covey
https://amzn.to/2sGDy78
The 8th Habit: From Effectiveness to Greatness
by Stephen R. Covey
https://amzn.to/34DYbOC
The $100 Startup by Chris Guillebeau
https://amzn.to/2PEoFet
Outliers by Malcolm Gladwell
https://amzn.to/36U41g6
Grit – The Power of Passion and Perseverance by Angela Duckworth
https://amzn.to/2SbuEcj
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
BackgroundPublic blockchains, like Ethereum and Bitcoin, can only perform ten transactions per second. If you only want to put one percent of global financial markets on the blockchain, you would have to do hundreds of thousands more. That is where Perun comes in. They are a B2B startup and work with other companies who are interested in blockchain or already working with it. Perun generates an additional layer on the original blockchain, their protocol (2nd layer off-blockchain) is more secure and much faster by enabling transactions to be sent peer to peer in separate channels without confirmation of thousands of blockchain miners. In each channel, thousands of transactions per second are possible with current technology.
Perun’s channel technology could also be used by centralized financial networks like credit card companies or other payment providers (think PayPal). Their channel technology also allows machine-to-machine-payments on blockchains.
During the interview, we also talk about their technology’s theoretical limit.
They will soon release their protocol as an open-source developer kit. Find more information on that on their website.
Interview PartnerIn this interview, Joe is talking to Sebastian Stammler – Implementation Lead (https://www.linkedin.com/in/sebstar/) and Hendrik Amler Scrum Master (https://www.linkedin.com/in/hendrik-amler-932506191/) at Darmstadt based Blockchain startup PERUN (https://perun.network/). At the time of the interview (October 2019), the company was not yet incorporated.
Perun is part of a research group jointly of TU Darmstadt (https://en.wikipedia.org/wiki/Technische_Universit%C3%A4t_Darmstadt) and University of Warsaw (https://en.wikipedia.org/wiki/University_of_Warsaw). TU Darmstadt is one of the great starting points for many deep-tech startups (https://en.wikipedia.org/wiki/Deep_tech) here in Germany. You might also want to pay a visit to HIGHEST, the startup and innovation center of the university: https://www.highest.tu-darmstadt.de/highest/index.en.jsp.
Tune in to learn more.
Blockchain Germany by Startuprad.ioIf you are interested in German Blockchain startups, you can find our audio-only podcast "Blockchain Germany by Startuprad.io" here:
iTunes: https://apple.co/2O2jwLx
Spotify https://spoti.fi/2qucve8
DISCLAIMER:As opposed to the usual Youtuber or Podcaster in the Blockchain space my guests don’t pay thousands of Euros to be here. AND neither am I invested in you guys. I am also getting NO kickback.
For everyone who is surprised about that, many channels work like this. Just pay attention to the people in Telegram Chats who ask for admin emails and “business proposals” they usually sent an offer with a price tag of several thousands of Euros, sometimes upwards of 50.000 Euros, just to be on their channel. Oh, and before I forget: They usually only want cash, they don’t take crypto.
Make sure you vet your main blockchain information source before you fall into those traps.
Further reading:We are talking during the interview:
Vobis was a – now-defunct – computer hardware retailer in Germany, in the late 1990s. Some years they were showing the largest revenue for computer hardware in Germany. Learn more here in Wikipedia (article only in German): https://de.wikipedia.org/wiki/Vobis
Diploma degree:
Interview PartnerIn this interview, Joe is talking to Friedrich "Freddy" Zwanzger (https://www.linkedin.com/in/zwanzger/), Chief Data Officer of Mainz-based blockchain startup Anyblock Analytics (https://www.anyblockanalytics.com/ ,https://www.crunchbase.com/organization/anyblock-analytics)
During this interview, we learn how Freddy discovered Blockchain back in 2015. We also talk about how Anyblock works. They are indexing blockchains and once the blockchain is on their index, one can analyze it and track activities.
Tune in to learn more.
Blockchain Germany by Startuprad.ioIf you are interested in German Blockchain startups, you can find our audio-only podcast "Blockchain Germany by Startuprad.io" here:
iTunes: https://apple.co/2O2jwLx
Spotify https://spoti.fi/2qucve8
DISCLAIMER:As opposed to the usual Youtuber or Podcaster in the Blockchain space you don’t pay thousands of Euros to be here. AND neither am I invested in you guys. I am also getting NO kickback.
For everyone who is surprised about that, many channels work like this. Just pay attention to the people in Telegram Chats who ask for admin emails and “business proposals” they usually sent an offer with a price tag of several thousands of Euros, sometimes upwards of 50.000 Euros, just to be on their channel. Oh, and before I forget: They usually only want cash, they don’t take crypto.
Make sure you vet your main blockchain information source before you fall into those traps.
Affiliated Links Our Affiliate PartnerCo-WorkingWeWorkMarketing / SEO / Graphics / Sounds and moreFiverrEmail service?G-SuiteLooking for a bank account for your startup? Have a look at our partner PentaPenta Bank AccountAudible subscription: You can listen to Venture Capital books or entertainment on your way to work with an audible subscriptionhttps://amzn.to/2pGzsehLearn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/
Further ReadingDuring the interview Freddy and Joe are talking about:
The city of Mainz: https://en.wikipedia.org/wiki/Mainz
Smart contracts: https://www.investopedia.com/terms/s/smart-contracts.asp
ISB Mainz (German only) https://de.wikipedia.org/wiki/Investitions-_und_Strukturbank_Rheinland-Pfalz
Find the video interview here (scroll down to the bottom of the Blogpost): https://www.startuprad.io/blog/anyblock-is-like-google-analytics-for-blockchain/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
Find all the links we are talking about, as well as the show notes on our website https://www.startuprad.io/blog/this-month-in-german-startups-november-2019/
If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.
EnablerThis recording was made possible by Invest in Hessen. Learn more about our enabler here: https://www.invest-in-hessen.com/home
Affiliated Links
Our Affiliate PartnerCo-WorkingWeWorkMarketing / SEO / Graphics / Sounds and moreFiverrEmail service?G-SuiteLooking for a bank account for your startup? Have a look at our partner PentaPenta Bank AccountAudible subscription: You can listen to Venture Capital books or entertainment on your way to work with an audible subscriptionhttps://amzn.to/2pGzsehLearn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/
Housekeeping - Time to brag We set up sub-podcast for special interest and our Fintech Germany made it up to No 72 in the iTunes Business Charts of Qatar. Thank you!
Now there is
💢 Fintech Germany by Startuprad.io iTunes: http://apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: https://apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: https://apple.co/2O2jwLxSpotify https://spoti.fi/2qucve8Find all the links we are talking about, as well as the show notes on our website https://www.startuprad.io/blog/this-month-in-german-startups-november-2019/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
You are listening to the audio track of a YouTube interview. Find all the interviews at www.youtube.com/startupradio
Find all the links and show notes here: https://www.startuprad.io/blog/qualifiction-helps-more-authors-to-get-published/
In this interview, Joe talks to Gesa of this year’s winner of the CONTENTshift (https://www.contentshift.de/en/) accelerator QualiFiction. Learn more here: https://www.contentshift.de/en/contentshift/news/congratulations-to-qualifiction/.
Publishers receive more than 4 million book proposals for SciFi novels each year, in the German-speaking area alone. Now QualiFiction wants to help here so more texts can be evaluated by the publishers. The startup has an AI, which can – within 60 seconds – evaluate a SciFi text. So, they avoid publishers sending back unread proposals to the aspiring authors, due to a lack of readers for evaluation. They also generate the metadata (e.g. genre) for the text.
QualiFiction is also looking for publishers who give them masses of texts in different languages so they can extend their offering to other languages, besides German.
_ Scifi Books Joe likes (AL) Peter F Hamilton: The Armageddon Series https://amzn.to/2rolpu9
Craig Alanson: Expeditionary Force Series: https://amzn.to/2QTNm7H
Arthur C. Clarke – Collected Stories: https://amzn.to/2Oo5HrT _
This interview is in association with CONTENTshift, the accelerator program of the Association of the German Book Publishers & Booksellers. You can learn more here https://www.contentshift.de/en/. The winners are announced on a live ceremony at the Frankfurt Book Fair each year https://www.buchmesse.de/en. The accelerator program aims to push the boundaries of publishing. We will bring you this year’s winner of CONTENTshift at Thanksgiving (Nov 28th).
History
Every year the Frankfurt book fair is also the place where Startuprad.io interviews the finalists and eventual winners of the program. We did this already in the past. Have a look at our interviews from 2018 on our playlist here: https://www.youtube.com/playlist?list=PLUbiCAQc22WsdxEzE7iASbXD4_rAAVQbx _ Affiliate Links Want to get better? Try our recommendations
Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions (Wiley Finance Editions) https://amzn.to/2WwKy1g
Venture Capital For Dummies (For Dummies Series) - Nicole Gravagna, Peter K. Adams https://amzn.to/2oxRDC4
Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist https://amzn.to/2WtuQ72
You can listen to Venture Capital books or entertainment on your way to work with an audible subscription (first month for free – AL) https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21 _
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
In this video interview, we are talking to Johannes “Joe” Noll (https://www.linkedin.com/in/johannes-noll-10907478), who is co-founder and CEO at Darmstadt based App Guard. App Guard helps developers – to keep pre-programmed elements they are using in their applications – up to date, so no one can exploit known loopholes from those elements. This is important, since already a few hours after the release of new software automated tools will start to hack software, with known weaknesses. You can access the tool Codario here: https://codario.io/. They support docker, composer, NPM, Drupal, yarn, and python.
“5 Hours after the release of the software, automated hack start”
Currently, App Guard is raising Venture Capital. Reach out to us, to learn more.
The video interview was recorded at the booth of Frankfurt Forward at Entrepreneur University in Wiesbaden, Germany. Thank you to SAP Next-Gen for providing us space at their booth for the interviews before this one. Thank you to Frankfurt Forward to provide us the space for this interview.
“If you have several layers of dependencies if you are using one docker file”
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Find the original post here, including the video interview: https://www.startuprad.io/blog/app-guard-helps-developers-to-close-security-loopholes/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
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You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
Originally published on October 17th 2019
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Fiverr
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Looking for a bank account for your startup? Have a look at our partner Penta
Penta Bank Account
Learn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/
This time Joe talks to Kostas, CEO, and Co-Founder of Blendo, our first interview with a startup from Athens. Blendo works in ELT, they allow their clients to access all of their data, so they can use the data directly. Blendo helps the company to validate its data. One could say Blendo becomes, therefore, part of the infrastructure of the company.
Kostas started with technology at an early age. He started early on in his studies to work with data.
“Data is the blood and oxygen of companies to remain competitive”
The HQ of Blendo is in Athens, but the legal entity is registered in Delaware. The reason behind it is that the first investors of the company have been from Israel and they agree to locate the headquarter of the company there. For some time, the startup has also been located in Tel Aviv, so Blendo now considers itself a global company.
“Being a founder is a life-transforming experience.”
Blendo has most of its customers in the United States but has employees in the US, Israel, and Greece.
“We re-invented the ETL process”
“I belong to the analog to digital generation. We started analog and ended up in the digital age”
Find all the links and show notes here: https://www.startuprad.io/blog/blendo-makes-data-accessible-for-companies-and-helps-them-to-stay-competitive/
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
This interview is in association with CONTENTshift, the accelerator program of the Association of the German Book Publishers & Booksellers. You can learn more here https://www.contentshift.de/en/. The winners are announced on a live ceremony at the Frankfurt Book Fair each year https://www.buchmesse.de/en. The accelerator program aims to push the boundaries of publishing. We will bring you this year’s winner of CONTENTshift at Thanksgiving (Nov 28th).
In this interview, Joe talks to Georg Horn, Co-Founder, and CEO at varia.media, a startup based in Munich. Their service provides different perspectives on news, research or other topics, so one can escape their own filter bubble. Learn more in the interview.
Hint: You will hear Joe saying that this is the third interview, but the 2nd interview we recorded is the winner to be published on Nov. 28th, so our original order is screwed-up. Sorry, but at the time of recording, it was not clear, which startup would win.
You can learn more here: https://www.startuprad.io/blog/publications-until-end-of-november-thanksgiving/
Find all the links and show notes here: https://www.startuprad.io/blog/varia-media-offers-with-their-nlp-tool-perspective-as-a-service-for-journalism-and-research/
History
Every year the Frankfurt book fair is also the place where Startuprad.io interviews the finalists and eventual winners of the program. We did this already in the past. Have a look at our interviews from 2018 on our playlist here: https://www.youtube.com/playlist?list=PLUbiCAQc22WsdxEzE7iASbXD4_rAAVQbx
Outlook
During the course of the next few weeks we will publish five interviews with startups (https://www.contentshift.de/en/contentshift/news/who-will-become-the-content-startup-of-the-year/) from the CONTENTshift accelerator from the Frankfurt Book Fair (https://www.buchmesse.de/en), with startups from Germany, Denmark, and the UK.
Only the publication of our regular news will interrupt the series. We will end with a very special day at Thanksgiving, where we will publish our News, as well as the interview with the winner of the program.
Send in a voice message: https://anchor.fm/deeptechgermany/message
This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
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This interview is a Columbus Day Special. Suhas Patel is a serial entrepreneur. He is originally from India. Suhas is living for 14 years in Germany. He started 18 startups so far. Startuprad.io visited him in a meeting room in a co-working space in Frankfurt to talk about his new venture Tvarit, an Industrial AI company.
“I believe this startup has the potential to be a unicorn”
Suhas calls himself a “Technology Evangelist” Before founding his startups he was working in R&D departments of Qualcomm and Intel.
“With the 18 startups, I helped entrepreneurs to start their business”
Suhas is working on a concept of “Business Driven Philanthropy” to build new business verticals on the latest technologies. He had to close 70% of the startups he helped to start. This is great, especially since normally 90% of startups do not survive. Now he decided to stop all his assignments and concentrate 100% on Tvarit, to make the AI startup the first unicorn in Frankfurt.
“B2C Ai startups are mainly in China and the US. For B2B there is a great potential for Germany”
Tvarit (त्वरित)is a Sanskrit word, almost 3000 years old, it means fast. Tvarit's core values are based on "FASTER customer journey" and "PERSISTENT prediction accuracy". The concept of Industry4.0 is misunderstood as condition monitoring. Tvarit takes a step further by taking the data from the condition monitoring and provide the analytics to give actionable insights.
“we have the potential to become the SAP of Artificial Intelligence, since we can get a 360 degree view of the whole manufacturing unit.”
For those, who do not understand Joe’s joke: Skynet is the evil computer AI in the Terminator franchise, trying to eliminate mankind: https://en.wikipedia.org/wiki/Skynet_(Terminator)
“Two things are important, execution and focus”
Having strong R&D, Tvarit guarantees a patent application during the first 4-months project.
“You need to execute wisely and fast”
Find all the links and show notes here: https://www.startuprad.io/blog/meet-serial-entrepreneur-sushas-he-wants-to-make-tvarit-the-first-unicorn-in-frankfurt/
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You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
Startuprad.io brings you in a Frankfurt-to-New-York recording the startup news Germany for October 2018. We wrap-up the news of the German-speaking startup scene (Germany, Switzerland, Austria, and Liechtenstein) of October in our recording.
Find all the links and show notes on our website: https://www.startuprad.io/blog/this-month-in-german-startups-by-startuprad-io-october-2019/
Looking for services or equipment for your startup? Consider using our affiliate partners below (AL mark Affiliate Links):
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This is a welcome message from our founder Jörn "Joe" Menninger.
You will find on this podcast only deep tech-related content from Startuprad.io, as well as the regular news.
Learn more at www.startuprad.io
You can reach Joe here:
Twitter: https://twitter.com/JoeMenninger
LinkedIn: https://www.linkedin.com/in/joernmenninger/
Email: joe@startuprad.io
Of course, you will still, find all the content on the Startuprad.io podcast and our YouTube Blog Youtube.com/startupradio
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From the archives of Startuprad.io, originally published on November 3rd 2016.
In this interview Joern interviews Stefan. Stefan is one of the co-founders of the startup Alyne. Alyne is also in the first batch of the program of Accelerator Frankfurt.
Alyne is a regtech (regulatory technology) startup. They offer to handle cybersecurity, regulatory and compliance for their clients. We got curious, when several big websites went down recently in an attack. In the light of these recent Denial of Service (DDoS) attacks with IoT devices, we ask Stefan what happened and what a startup could do to lower their cybersecurity risks.
In the interview we talk about:
Botnet MiraiThe mentioned article with cybersecurity tipsAffiliated Links
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From the archives of Startuprad.io, originally published on April 13th 2016.
We talk with Kristjan Maruste, co-founder of CoModule Homepage. The company produces Software for light electronic vehicles (LEV) and an autonomous eBike. It monitors battery characteristics, displays them to the end user's smartphone and collects usage data. One of the reasons he ended up in this space and gave up acting as a potential profession was his father, who took him to places like this Technology Museum Sinsheim and Technology Museum Speyer (they work together and are not far apart). He also took part with CoModule in the Startupbootcamp Smart Transportation & Energy, which lead him to Berlin and they kept the HQ in Talin. CoModule already received investments in 4 rounds, the last one from five investors, one of them German High Tech Gruender Fonds (HTGF). None the less they are looking for investors for a Series-A Venture Capital Financing and fast movers can still be included. Tune in to learn more.
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