Germany has a rich history when it comes to entrepreneurship. From Konrad Zuse, Carl Benz, and Ferdinand Porsche to Werner von Siemens, there is no shortage of success stories that can be told about German-based companies looking for global expansion opportunities abroad or investors seeking out fresh investment prospects at home/abroad. We continue this with Startuprad.io keeping you up to date with the latest on the German-speaking startup scene in Germany (Europe’s largest economy), Switzerland, and Austria, collectively known as the GSA or DACH region. We are an English-only startup podcast with exclusive startup content, including regular news, and interviews. We are the international voice of the German-speaking startup scene. We focus on interviews with startups mostly around their Series B funding or even scale-ups from GSA. Once a month we bring you an exclusive startup new wrap-up as well. We are socred in the global Top 75 Science, Top 125 Tech, Top 400 Business Podcast (Chartable), Global Top 0.5% Podcast (Listen Notes), and global Top 20 Entrepreneurship Podcast on Apple Podcast across all countries (Podder). Startuprad.io™ - All rights reserved
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:
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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
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Executive SummaryIn this episode, we have the privilege to explore fintech and banking in 2023 alongside Paolo, Global Research Leader for Banking and Capital Markets for IBM. He offers his insight into fintech and banking twenty years from now. We examine the strategies important for capital markets, fintech, and banking and the forces shaping their future. Paolo shares with us that these players need to be cognizant of their strategy choices, as well as how different successful platforms will be in the future. Last but not least, he impresses how imperative it is to start reasonably preparing for quantum computing today. It is a must-listen episode that provides tremendous insight into fintech growth and innovation.
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The ExpertPaolo is a fintech entrepreneur and thought leader who stands out from the crowd. He has been at the forefront of innovation in banking and fintech for nearly two decades. He has served as an experienced banker and risk manager, having held senior positions in major firms. In 2008, he founded Capitecs, an innovative startup based in Frankfurt that would eventually be acquired by IBM in 2012. Since then, Sironi has continued to innovate and lead the global research efforts for the IBM consulting institute, particularly in banking, fintech, and capital markets. He has also released five bestselling books on various fintech-related topics that have further established him as an authority figure. Paolo Sironi serves as a testament to success resulting from fintech expertise gained through experience in traditional banking institutions.
His most recent one is "Banks and Fintech on Platform Economies: Contextual and Conscious Banking (The Wiley Finance Series)" you can buy it and learn more here: https://amzn.to/3XC3OIU (AL)
His other books are:* FinTech Innovation: From Robo-Advisors to Goal-Based Investing and Gamification https://amzn.to/3IOHqrM (AL) * MiFID II: Value-Generation for Investors https://amzn.to/3iFtQML (AL) * Modern Portfolio Management: From Markowitz to Probabilistic Scenario Optimisation https://amzn.to/3iFtQML (AL) * Financial Market Transparency: Essay on Financial Markets Theory https://amzn.to/3Wi7z5j (AL) * 金融科技创新 (Fintech Innovation Mandarin Edition): https://amzn.to/3Wi7z5j (AL)
Thoughts To PonderPaolo, a fintech entrepreneur, banker, and thought leader in risk management, believes that banks are unable to compete on the level of volume needed to match that of tech giants. In order to stay competitive and provide value for their customers, fintech must set their sights on delivering superior service rather than chasing the same levels of scale. With his books and writing, Paolo has created a framework through which bankers and fintech entrepreneurs alike can better target value-based services in order to gain an advantage over tech giants. With his books, Paolo tries to come up with a definition of value to enable banks and fintechs to target it.
Some of his thoughts:- Banks and fintechs often start from the wrong end when it comes to helping their clients solve problems. Rather than start with isolating the actual issue of the client (which may or may not have anything to do with finances), they focus on transactions alone without considering other factors, rendering many solutions ineffective. Instead, they should start by formulating a strategic impetus - focusing on what the client needs in order to achieve their desired future objectives - and only then move forward to transactional solutions that best fit the strategic plan. Such an approach, where financial solutions are shaped around a client's problem-solving needs rather than vice versa, is essential for them to succeed in the future.
Find all blog posts with all the links on our blog https://medium.com/@startuprad_io/fintech-and-banking-2023-and-beyond-strategy-a998b24ab096
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Kickstart your entrepreneurial journey with our 100-day deep tech incubation program to rapidly validate your idea and secure your first fundingWhat is in for you?- We give you an unfair edge from day one- Get tailored guidance through hands-on coaching & masterclasses with experienced entrepreneurs and industry experts.- Leverage us as your technical co-founder and get hands-on product, design, and engineering support.- Access our excellent network of top-tier talent, experienced advisors, and industry partners.- Tap into up to €2 million of total investment in cash and in-kind services.Application is now open until January 16, 2023 and the next batch application deadline is coming up in summer 2023
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Executive SummaryIn this bonus episode of our expert interview series, Antonio Fatas, Professor of Economics at INSEAD, joins us to provide insights into the current situation with FTX. We've gathered a good deal of information about the collapse so far but there is still much that remains unknown. We delved into some of the known facts surrounding FTX and pondered together on what could happen in the future. It's clear from our discussion that FTX was not a regulated financial institution, and also had its own unique challenges. We'll be keeping an eye out for more developments related to FTX as time goes on to see what other lessons we can learn.
I do believe there are other places where entities are insolvent, we just have not seen it yet.
Antonio Fatas, Professor of Economics
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FTX suffered from bad management and likely fraud as well
Antonio Fatas, Professor of Economics
BackgroundAs crypto continues to grow into a new and important market, the digital asset industry has been rocked by the sudden collapse of one of its biggest crypto exchanges - FTX. Led by crypto personality Sam Bankman-Fried, FTX had previously been ranked as the world’s third-biggest crypto exchange in terms of trading volume, so its downfall came as quite a shock to crypto investors. This news is sure to cause ripples throughout the crypto industry for a long time, and it serves as another reminder that despite its rising popularity, crypto remains an unpredictable and high-risk gamble.
Regulators may now have a different view on the risks and regulations of crypto.
Antonio Fatas, Professor of Economics
This event echoed Mt Gox’s downfall although the underlying problem was quite different. Unlike Mt. Gox which fell victim to hack, FTX merely could not keep up with the sudden demand for withdrawals caused by investors who were losing faith in the platform. The resulting effect sent FTT, their native token, tumbling and kicked off a domino effect causing customers to rush out of the exchange and further crippling its ability to sustain itself, leading inevitably to its demise.
I find it very revealing that these tokens that are supposed to work with high inflation, because the central banks are all crazy but this is the way to hold on to your purchasing power. Now that we have inflation, they are collapsing. That to me is a really red flag.
Antonio Fatas, Professor of Economics
Bitcoin crashed, Ethereum crashed, and almost every other major token did the same. Then Binance stepped in, with the world’s number one exchange announcing it would buy FTX and ensure everyone gets repaid. But just as soon as the market settled, Binance announced a U-turn, saying the situation at FTX was beyond recovery.
The implications from the complase of FTX will be felt for crypto for the coming years in more an thougher regulations. That is why we will follow the story. We start with a discussion of the situation with our guest. Professor Fatas.
The ExpertAntonio is an influential professor of economics with an impressive set of credentials. With a Ph.D. in Economics from Harvard University and a research fellowship at the Centre for Economic and Policy Research in London, he brings broad expertise to his job as a Professor of Economics at INSEAD. His influence reaches beyond academia, working as a consultant for international organizations such as the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), and the World Bank. Thanks to his insight and knowledge, Dr. Fatas has been able to shape economic policies on a global scale.
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/bonus-what-we-know-about-the-ftx-collapse-5d1423632172
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Management SummaryWelcome to a Startuprad.io tradition, airing on December 25th. A review of the most important events in Fintech from the perspective of our guests for the 8th year in a row right now. The most important development in the fintech world was for most guests the FTX collapse. During the recordings agreed that fintech investments have seen a peak — there will be a valley behind it, but there will be new investment records achieved after the expected recession. As next hot topics emerged embedded finance and crypto. Not all crypto will be hot again, only with a sustainable business model, there is a future according to our guests. Actually, some guests welcomed a shakeout of the market — albeit it should not have been that violent and long.
Leave Us a Good ReviewWe would be more than happy if you rate and review us either on YouTube, your podcast app of choice, or on the internet radio station you are listening to us right now.
Introduction to our Fintech ReviewFor years Startuprad.io makes an annual fintech review, where practitioners, investors, and fintech folks get to wrap up their year. The focus is on GSA, but it seems to be more and more the case that markets get more interconnected and trends follow each other in much shorter time spans. It is also a tradition that we publish it on December 25th.
Keep in mind that since the first fintech review the field has changed and broadened a lot! Really a lot. Where it used to be only payment apps, now there are fintechs in insurance, crypto, proptech, banking, SME banking, capital markets, and much much more. So we thought we would invite guests from a diverse range of backgrounds to give you their perspective on the time of corona, the year 2022, and the outlook for next year.
Our guest this year:
Our questions to the guests:
Thank you very much for your valuable time and insights. We wish you much success in 2023 and happy holidays!
Blog Post With Links and Show Noteshttps://medium.com/startuprad-io/fintech-review-germany-switzerland-and-austria-gsa-2022-97b12122e34b
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Learn more at https://www.younium.com/
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 at https://www.younium.com/
Join Our Next Program Batch - Starting February
Kickstart your entrepreneurial journey with our 100-day deep tech incubation program to rapidly validate your idea and secure your first fundingWhat is in for you?- We give you an unfair edge from day one- Get tailored guidance through hands-on coaching & masterclasses with experienced entrepreneurs and industry experts.- Leverage us as your technical co-founder and get hands-on product, design, and engineering support.- Access our excellent network of top-tier talent, experienced advisors, and industry partners.- Tap into up to €2 million of total investment in cash and in-kind services.Application is now open until January 16, 2023 and the next batch application deadline is coming up in summer 2023
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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
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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
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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
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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
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“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
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Executive SummaryUniApp is an ed-tech startup from Germany, that helps international students to prepare for their study abroad and helps in the application process, both on their platform. They help students to find the right place to study for undergraduate and graduate programs, as well as online-only programs. Their portfolio includes now universities and colleges in 27 countries, including the United States, United Kingdom, Germany, France, Spain, Switzerland, Singapore, and Canada. The tool also works as a CRM for universities and colleges to streamline their international applicants.
“We bootstrapped in less than 2 months to more than 20.000 users”
Fahed Jaarah, Founder and CEO UniApp
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“We created a search engine for education that is not manipulated by ads.”
Fahed Jaarah, Founder and CEO UniApp
The FounderOur guest today, founder and CEO of UniApp Fahed, brings a wealth of experience in entrepreneurship to the table. Having studied at universities across Europe (Cologne, Paris, Buckinghamshire outside of London), he has worked on various projects with notable organizations such as private rating agencies and investment advisers a small investment boutique. After 3 years working within this sector, he decided to take his newfound knowledge and apply it to the world of ed-tech by founding UniApp — creating a modern platform to support students during the process of looking for study abroad by matching students with mentors at universities around the world. With his expertise in launching successful businesses aiding college and university students, Fahed is quickly becoming a prominent figure in the international education community.
The StartupUniApp (https://uni-app.com/), started out as Udrus.com and was initially designed to enable Arabic-speaking students to study abroad. However, the team soon expanded its vision to provide study-abroad opportunities for international students from all over the world, under the new name of UniApp. Using a unique application process that takes into account 600+ data points for each individual student, UniApp has become a leader in ed-tech by making the complex college application process easier and smoother for its users. With a platform that eliminates language barriers, UniApp is paving the way for study abroad programs around the globe. By focusing on the needs of the study seeker and their future potential, UniApp is playing a huge role in making study abroad accessible to everyone — whether it's internationally or from within their own region. UniApp also can match you with institutions for an undergraduate degree, advanced degree, or even an online degree.
For institutions of higher learning, the application helps them to get matched with better-fitting students and don’t have to click through many ads on search engines. The tool works as a kind of CRM program and communication tool for the institutions.
Venture Capital FundingUniApp raised 1 mn Euros in Seed Funding in Q2 2022. They are also currently in fundraising mode again.
UniApp is HiringYou can learn more about them on their website here: https://uni-app.com/about-us/ and reach out via the website.
All Links and Show NotesHere is our blog post: https://medium.com/@startuprad_io/uniapp-helps-students-to-find-the-best-international-university-for-them-and-apply-there-71a3ecbe20f2
Topics Discussed in this InterviewIn this interview we are talking about studying abroad, studying in a foreign country, London, Hongkong, Singapore, new york, college, graduate school, university, online university, education, undergraduate education, graduate education, online education, venture capital, edtech, education startup, study in the us, study in the uk, study in germany
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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 at https://www.younium.com/
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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
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“I really believe an investor should be stage focused”
Filip Dames, Founding Partner Cherry Ventures
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 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
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Kickstart your entrepreneurial journey with our 100-day deep tech incubation program to rapidly validate your idea and secure your first fundingWhat is in for you?- We give you an unfair edge from day one- Get tailored guidance through hands-on coaching & masterclasses with experienced entrepreneurs and industry experts.- Leverage us as your technical co-founder and get hands-on product, design, and engineering support.- Access our excellent network of top-tier talent, experienced advisors, and industry partners.- Tap into up to €2 million of total investment in cash and in-kind services.Application is now open until January 16, 2023 and the next batch application deadline is coming up in summer 2023
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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
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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 at https://www.younium.com/
Join Our Next Program Batch - Starting February
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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 finally financing. They not only have programs addressing students of TU Munich but also programs that are open to every entrepreneur.
In the past, they worked in different stages with unicorns Celonis, and Flix, but also startups like Lilium (the flying taxi startup listed on NASDAQ) or Blickfeld, Isar Aerospace, Konux, tado, e-bot7, or ProGlove.
Mentioned Startups* We will publish an interview with one of the founders of Flix in December 2022. * Here is the interview with ProGlove from 2018 mentioned in the interview https://youtu.be/dE76h-bKTH0 * E-bot7 is also an alumnus of UnternehmerTUM https://medium.com/startuprad-io/munich-based-e-bot-7-was-acquired-for-more-than-50-m-us-eb6694e4d1d5
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/unternehmertum-helps-entrepreneurs-to-start-world-class-companies-gsa22-beabccfc3ebc
Topics Discussed in this InterviewIn this interview, we are talking about startups, entrepreneurs, entrepreneurship, entrepreneur education, entrepreneur training, startup founding, startup incubation, startup acceleration, startup programs, TU Munich, TU München, Technische Universität München,
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Learn more at https://www.younium.com/
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 at https://www.younium.com/
Join Our Next Program Batch - Starting February
Kickstart your entrepreneurial journey with our 100-day deep tech incubation program to rapidly validate your idea and secure your first fundingWhat is in for you?- We give you an unfair edge from day one- Get tailored guidance through hands-on coaching & masterclasses with experienced entrepreneurs and industry experts.- Leverage us as your technical co-founder and get hands-on product, design, and engineering support.- Access our excellent network of top-tier talent, experienced advisors, and industry partners.- Tap into up to €2 million of total investment in cash and in-kind services.Application is now open until January 16, 2023 and the next batch application deadline is coming up in summer 2023
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Executive Summary
Nora is the CEO and co-founder of Berlin-based Medtech Selfapy, a major provider of prescribable digital therapy solutions in Germany. She is the winner of this year's German Startup Award for Female Founder of the Year 2022 and a Forbes 30 under 30. She is a psychologist by training with degrees from York and Cambridge but decided to join startups early on, to later found Selfapy. Self-pay fills the void for patients while they are waiting for psychological treatments, which may take three to six months. After a long journey they now even have a reimbursement certification for German health insurers.
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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 interview 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 Founder
Our guest Nora is not only the winner of this year's German Startup Awards for Female Entrepreneur of the Year, but she is also a Forbes 30 under 30. She graduated from the University of York and the University of Cambridge with degrees in Psychology, before joining Rocket Internet. She later became City Head for Foodora in Hamburg and decided one faithful new years day that with this stress level, she could also venture out on her own, with larger rewards. Growing up in a family of psychologists, she decided early on to help people with mental disorders. She co-founded Selfapy in Berlin in 2016.
The Startup
Berlin-based Selfapy (https://www.selfapy.com/) addresses the issue of wait time for psychological treatments. Due to recent changes in German legislation, they are also available on prescription. The name Selfapy is a combination of self and therapy. The app bridges the wait time before a patient can see a psychologist, which can take up to 6 months. The app not only bridges this time but can also already help patients and lay the groundwork for therapy.
Selfapy runs clinical trials, where they could show that they reduce depression symptoms by up to 40% in 3 months.
Venture Capital Funding
Selfapy has raised 30 M US$ in funding in total. Note that Crunchbase is quite a bit outdated here. They are open to talking to new investors.
Selfapy is Hiring
You can have a look at our blog post to learn more.
Links and Show Notes HERE:
https://medium.com/@startuprad_io/medtech-startup-selfapy-offers-psychological-help-without-wait-gsa22-957b2354a05a
Topics Discussed in this Interview
In this interview we are talking about psychology, depression, psychological therapy, psychological help, eating disorders, prescription, apps on prescription, mental health, mental health apps, depression treatment, Berlin, startup, startups, mental health startup, MedTech startup, health care startup, venture capital, university of york, university of Cambridge
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Younium and Tvarit
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/
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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.
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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.
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Younium and Tvarit
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/
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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 industrial plant to procude more of their material.
Traceless is HiringYou can have a look at their jobs website to learn more https://www.traceless.eu/jobs
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/green-startup-traceless-replaces-plastics-with-compostable-materials-gsa22-5522f81105d8
Topics Discussed in this InterviewIn this interview we are talking about plastic, biodegradable, compostable, bioplastic, virgin plastic, one-way coffee cup, plastics industry, plastic pollution, compost, industrial production, industrial scale, impact startup, green startup, startup funding, funding round, sustainability, sustainable startup, sustainable startups, business model, teams, psychology, Münster, Madrid, MBA, polymers, polymer chemistry, IE Business School
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Executive SummaryMeet Joel Tasche, CEO, and Founder of CleanHub, a green startup on a mission to fight ocean plastic pollution. They enter partnerships with brands to remove plastic waste. They use the proceeds to collect plastic waste in areas, that don’t have waste management systems in place. So this plastic is not ending up in the ocean. Hear about the company’s approach to helping save the planet and what positions they are looking to fill.
“Currently we are pumping anywhere from 11 to 14 million metric tons into the oceans”
Joel Tasche, Founder and CEO of Cleanhub
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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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The FounderJoel Tasche is the CEO and founder of Cleanhub, a startup that is working to reduce ocean plastic pollution. Tasche has always enjoyed nature, growing up on Lake Constanz and close to the Alps. He is also an avid surfer, which is why he decided to spend a semester in Hawaii during his bachelor’s degree. He pursued his master’s at HTW Dresden but enjoyed his internship so much that he stayed in business, instead of returning to finish his master’s.
While surfing and hiking in Indonesia, Tasche was horrified by the amount of plastic pollution he saw in the ocean. He realized that he needed to do something to preserve beautiful nature and restrain plastic waste. This led him to a one-year research phase, after leaving his corporate job. Eventually, he founded Cleanhub with the goal of reducing ocean plastic pollution. Cleanhub is working on innovative ways to reduce ocean plastic pollution, and Tasche is hopeful that they will be able to make a significant impact.
The StartupOcean pollution has become a major problem in recent years, as the amount of plastic waste that ends up in the ocean continues to increase. According to some estimates, there may be more than 5 trillion pieces of plastic debris floating in the ocean, and this debris is having a devastating impact on marine life. Cleanhub is a green startup that is working to tackle this problem, in partnership with brands. The company was founded by Joel Tasche, who was inspired to take action after seeing the impact of ocean pollution firsthand. While Tasche initially focused his efforts on improving the German waste management system, he quickly realized that this would not make the impact he desired. After receiving a message from a friend in India, Tasche shifted his focus to regions where waste management systems are lacking. Through its partnerships with brands, Cleanhub collects and recycles plastic waste, helping to reduce ocean pollution and protect marine life.
He came up with the idea to have brands pay Cleanhub to collect and recycle plastic waste, equal to or in excess of what they are putting in the environment. Many areas in the world don’t have a waste management system. Cleanup provides waste management services in certain coastal areas of India and Indonesia in order to remove plastic waste.
Venture Capital FundingCleanhub has raised 4 m Euros so far. The investors include Übermorgen Ventures, 468 Capital, Pirate Capital, the Heilemann Brothers, and Lakestar, which lead the seed round. There are also 4 business angels invested.
They are open to talking to new investors.
Cleanhub is hiringYou can learn more about their open positions in our blog post.
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/green-startup-cleanhub-fights-ocean-plastic-together-with-brands-e97278dcf619
Topics Discussed in this InterviewIn this interview we are talking about recycling, brands, branding, plastic, plastic waste, ocean waste, trash, green startup, sustainable startups, green tech, sustainable economy, sustainable development, recycling, landfill, plastic recycling, oceans, cleaning oceans, ocean cleanup, green tech, green technology
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Younium and Tvarit
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/
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Welcome to the second Episode, brought to you from the European Angel Investment Summit 2022. 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. The conference was a valuable opportunity for startup founders to meet with potential investors and get their businesses off the ground.
300 seed-stage startups applied to be at this event of which 25 have been chosen. The event 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/
Publication Schedule Startuprad.ioWe are in the hot fall for Startuprad.io, where we publish 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, 2022.
EnablerHessen 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.
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Chapters:00:00:00 Intro
00:00:17 Welcome by Joe
00:01:06 Desire Dosch - Guide Care
00:06:34 Hannah Helmke - right. based on science
00:13:30 Katja Filippenko - Saatgutkonfetti
00:22:15 Nikolaus D. Bayer - German Business Angel of the Year 2020
00:26:18 Harald Holzer - HIGHEST - TU Darmstadt
Find all blog posts with all the links on our blog https://medium.com/@startuprad_io/female-founders-at-the-european-angel-investment-summit-2-2-e63ba80f5d51
Topics discussed in this episode:health tech, MedTech, home care, care-dependent, care at home, startup, startups, business angel, seed investments, pre-seed investments, series a investments, Germany, Switzerland, metaverse, remote advice, meta verse, care in meta verse, science, climate change, female boss, female entrepreneurs, female founders, startup founders, founded by women, women in tech, climate change, green startup, data, big data, fossil fuels, investments, industry, greenhouse effect, greenhouse gases, data model, climate model, green startup, green startups, climate tech startups, climate tech, climate change, paris goals
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Younium and Tvarit
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/
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Executive SummaryWe hear from Meeri, who is the co-founder of INZMO (Insurance on Mobile). She co-founded the Berlin-based insurtech which helps to make simple insurance contracts via an app. The simple approach also made them one of the fastest-growing insurtechs in Europe. In the interview we talk about her journey from a corporate lawyer to an entrepreneur, pivoting and founding INZMO. We also talk about how a simple insurance contract via an app could turn 50 bn € sitting on bank accounts productive again. Tune in to learn more.
“Our mantra is that insurance just has to be there, hidden in other products. You only realize it is there when you need it.”Meeri Savolainen, CEO and Co-Founder INZMO
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“We want to be one of the service providers, … who help you to have a fun, free and flexible live.”Meeri Savolainen, CEO and Co-Founder INZMO
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/
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The FounderToday we’re joined by Meeri, the CEO and co-founder of Berlin-based insurtech startup INZMO. Meeri is a lawyer by training, and she spent several years working in the corporate world before deciding to start her own company. Her co-founders include Risto Klausen a former professional motorcycle road racer and multiple Estonian and Baltic Champion in the Superbike class, which helped inspire the company’s focus on insurance for bikes. They pivoted from only bikes to providing more offers via the app. Since its launch in 2019, INZMO has become one of the leading apps for mobile insurance in Europe, and Meeri has been named one of the top 10 women to watch in insurtech in 2022. We’re excited to hear more about her story and her company’s success. Thanks for joining us, Meeri!
The StartupINZMO was born out of the idea to quickly insure a bike via an app (Bike ID). During product presentations of Bike ID the team got feedback, on why they only offer insurance for a bike via their app.
This was the moment INZMO was born. The team relocated to Berlin from Estonia. The company is by now one of the fastest-growing insurtechs in Europe, with a female founder. This makes INZMO the first insurtech company in Europe that offers property insurance for e-scooters and regular bicycles through an app. The whole insurance process takes just a few minutes and is completed entirely online — from signing the contract to making a claim.
Currently available in Germany, and several other European countries with plans to expand further. And with over 30,000 users already on board, it looks like INZMO is well on its way to becoming the go-to insurance provider for two-wheeled commuters across Europe. They currently offer property insurance including to replace of a rental security deposit (Mietkaution), insurance for bicycles, and insurance for cell phones as well as for tablets and laptops.
INZMO already received several awards, including:
Venture Capital FundingINZMO already raised 7,9 m US$ in seed funding from investors including Helvetia Venture Fund, Change Ventures, UNIQA Ventures, and 500 Global. They are open to talking to new investors for a Series A funding round.
INZMO is HiringYou can learn more about the currently open positions via the link in our blog post.
Blog Post with Links and Show Noteshttps://medium.com/startuprad-io/meet-inzmo-one-of-europes-fastest-growing-insurtech-startups-672832e1c811
Mentioned in this episode:
Younium and Tvarit
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/
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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/
Startupraven.comThe best way to identify investors and cooperation partners for early stage startups. Sign up for early access here:
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This Episode00:00 Introduction00:16 Welcome by Joe01:46 Jacopo Losso — Managing Director of the European Business Angel Network 07:28 Philo Boras — CEO and Co-Founder Aurora Life Sciences 11:36 Nauman Basit — Founder, CEO and CTO of racksnet 16:58 Pascal Schmitt — CEO Voxel Sound 20:35 Stephane Ruiz — European Enterprise Network (EEN)
Blog Post with Links and Show Noteshttps://blog.startuprad.io/interviews-from-the-european-angel-investment-summit-1-2-fee4a9fc5ede
Mentioned in this episode:
Learn more
www.startupraven.com
Younium and Tvarit
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/
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The Network of European Startup Hubs 101 (Podcast)You have it all wrong. Europe is not full of competing startup hubs. They are increasingly forming a network for startups. The startups start at one knot in the network (frequently a university), move on to an accelerator, and end up in one of Europe's top 12 fundraising hubs to raise funds, sometimes becoming a unicorn. On their way, the startups leave traces, like R&D capabilities, sales teams, groups, investors, and so on. So they are not really the product of a city, but a continent with free movement. in our blog post you will find the link to a 115-page report that includes much more data.
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/
Startupraven.comThe best way to identify investors and cooperation partners for early stage startups. Sign up for early access here:
Startup Raven
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! In order not to get 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. That’s why we started the “Pulse of the European Startup Ecosystem” which will provide you with quarterly podcasts chronicling different aspects related to startup activity across European Hubs, supported by the data from the specialized analytics company DEEP Ecosystems.
A Different Understanding of Startup HubsIn the US most startup hubs have to fulfill most of the functions (incubation, acceleration, expansion, fundraising, …). Especially the Silicon Valley and Bay Area had no other option since they are the cradle of today's startup culture. In Europe on the other hand — with its free movement — a network of hubs developed, where hubs fulfill a function in the growth journey of a startup.
We pick today three functions of hubs in the network and show you how startups are moving along the network, staying in cities and — some of their staff — moving on to the next stage. But there are always departments, teams, or research locations left in the former home cities. This leads to real European startups, that are distributed across the continent in different locations, departments, teams, and functions.
The Twelve Hubs Leading Europe in Fundraising12 Startup Hubs in Europe already reached critical size (raising more than 1 bn € in funding in one year in 2021. They are London, Berlin, Paris, Stockholm, Tel Aviv, Munich, Amsterdam, Barcelona, Madrid, Copenhagen, Dublin, and Helsinki. Coming from only one, London, in 2013. Most founders take the opportunity of free movement across the European Union, so the EU beats the US as a preferred location for European entrepreneurs.
57% of founders prefer Europe over the US. When asked where founders would prefer to start their company if they had a free choice and all the possibilities, still a majority would go for Europe. In no EU area, the US has beaten Europe in 2021.”
Learn more in our Blog Post and find out more aboutThere is also a 115 page exclsucive report by DEEP Ecosystems linked exclusively for our audience: https://medium.com/@startuprad_io/the-network-of-european-startup-hubs-101-podcast-3a4ddbc45b74
Mentioned in this episode:
Younium and Tvarit
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/
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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
Startupraven.comThe best way to identify investors and cooperation partners for early stage startups. Sign up for early access here:
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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 funding to close to €2 billion to meet demand. Grover takes on more debt funding, this time €270 million from London-based M&G
Our Former Guest Nuri (Bitwala)Will be wound down. Despite seeing interest from investors, they could not get one to sign up. So the company will be shut down until the end of the year. The last day one can use a Nuri account is in mid-December. Neobank Vivid makes all former Nuri customers a good offer.
Volocopter Now Sued by CrowdinvestorsGerman unicorn Volocopter was sued by 177 former crowd backers, who feel they should have gotten “a fair participation”, especially since they backed the company very early
We Mentioned Home24 on a Regular BasisNow they stand alone time may be over. We talked in the past about lowering forecasts and the tough environments. Now XXXLutz — a traditional brick-and-mortar furniture store — made an offer to buy Home24
BioNTech Takes on CancerFirst, they took on Corona with their widely successful vaccine. Now the doctors are hopeful it could lead to new treatments for melanoma, bowel cancer, and other tumor types. The mRNA technology being used works by sending an instruction or blueprint to cells to produce an antigen or protein. In Covid, this antigen is part of the spike protein of the virus. In cancer, it would be a marker on the surface of tumor cells, which teaches the immune system to attack it.Learn more on BBC: Could Covid vaccine technology crack cancer?
TravelTech is Not DeadMunich-based traveltech startup Holidu raises 100 m € for renting out vacation homes. The 75 m € Series E investment is led by VC 83North, other investors include Northzone, HV Capital, Vintage Investment Partners, and Communfund Capital. Holidu also raised 25 m € venture debt. The brother's Johannes and Michael Siebers will use the money for product development, geographic expansion, and acquisitions.
Links and Show NotesLearn more here
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Younium and Tvarit
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/
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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.
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!
The Authority on German, Swiss and Austrian Startups | Linktree
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: https://medium.com/@startuprad_io/tvarit-has-an-industrial-ai-that-brings-real-change-to-metal-casting-4bba280bbafc
Topics Discussed in this InterviewIn this interview we are talking about metal casting, metal casting parts, industry 4.0, industrie 4.0, industrial internet of things, ai, artificial intelligence, manufacturing, energy efficiency, energy savings, quality control, quality improvement
Mentioned in this episode:
Younium and Tvarit
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/
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Executive SummaryBerlin-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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Our 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/
The FounderMiriam 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 StartupTrilleco (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 HiringThey 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
Venture Capital FundingThe company is open to talk to investors.
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/berlin-based-green-startup-trilleco-is-on-a-mission-to-help-businesses-analyze-and-manage-their-e89b6e567654
Topics Discussed in This Episode:Software, saas, knowledge, startup, women in tech, female entrepreneurship, startups, green tech, green startup, sustainable development, strategic management, analytics, analytics platform, cloud, big data, big data analytics, circular economy, berlin, women founding startups, female entrepreneurship in Germany
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Executive SummaryMonite is a Berlin-based embedded finance startup, which is already active in the US, UK, and major European economies, despite being at Seed Stage. With their API partners like B2B neobanks, SaaS companies & marketplaces can embed Invoicing, AP Automation, and more in 3–5 weeks. They are looking for next year for their next funding and start to offer contract management.
We really want to make sure, that anyone who wants to offer workflows with financial documents … can integrate it with us. Ivan Maryasin, CEO & Co-Founder Monite
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The revolution is yet to happen for CFO tools.Ivan Maryasin, CEO & Co-Founder Monite
Our 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/
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Our tool could be build by bigger players in 12–18 months, but we give them an API with which they can start earn revenue in a few weeks.Ivan Maryasin, CEO & Co-Founder Monite
The FounderOur guest is today Ivan Maryasin the CEO and Co-Founder of embedded finance startup Monite. He worked in Moskow, Boston, and the Bay Area, and finally ended up in Berlin in the early team of Penta, as head of growth. He left Penta, when he saw the opportunity for embedded finance tools, especially for CFOs, in order to set up Monite.
The StartupMonite is an embedded finance startup, that enables non-financial companies to add financial functions without holding a license. The tool of Monite helps startups and SMEs automate some of their finance workflows. They enter the market another way, they are not offering their services to the clients directly, but enable the service providers to offer accounting and financial services, e.g. Qonto, and Penta.
They currently offer payables automation and receivables automation. Monite is currently available in the US, UK, and major countries of the EU.
In 2023 they will focus on contract management, to integrate in their functions.
Find all the Links and Show Notes here: https://medium.com/@startuprad_io/meet-monite-they-make-the-life-of-cfos-easier-startuprad-io-257afdc8be79
Topics discussed in this interview:
finance, treasury, embedded finance, treasury function, financial management, startup financial management, integration, saas, api, accounts payables, usa, uk, eu, germany, france, venture capital, hiring, open positions
This podcast uses the following third-party services for analysis:
Podcorn - https://podcorn.com/privacy
Chartable - https://chartable.com/privacy
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:
Tech Startups Germany
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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
Executive Summary This episode is part of our Subject Matter Expert Interviews. It will be one in a series over time, keeping up with the development of the central banks and their digital currency. This episode is just the start! We talk to Kimmo, a regtech entrepreneur, who formerly worked at the central banks of Finland, Norway, the Bank of England, ECB, and the Fed in New York City. This episode is a starting point for us, from which we will dive deeper, keeping up with the developments on CBDC.
At the Federal Reserve in New York I siumlated attacks on critical infrastructure on the back of the 9/11 attacks.Kimmo Soramäki, Founder and CEO of FNA
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We work with a lof of clients with three letter acronyms. So we decided to name our company financial network analytics, FNA.Kimmo Soramäki, Founder and CEO of FNA
The Expert This episode is part of our Subject Matter Expert Interviews. It will be one in a series over time, keeping up with the development of the central banks and their digital currency. We talk to Kimmo, a regtech entrepreneur, who founded with FNA a company that helps banks, central banks and financial institutions. He has already advisde the central banks of Finland and Norway, been a visiting researcher at the Bank of England and expert at ECB. He also spents a year as research economist at the Fed in New York City. His first software simulated for finish banks the impact of joining the euro zone.
When the financial crisis 2008 came, we realized that we don’t need an outside attack on the symstem to destabilize it. Kimmo Soramäki, Founder and CEO of FNA
Our Sponsor Startupraven A 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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Blog Post Find all links and show notes here: https://medium.com/@startuprad_io/fintech-opportunities-in-cental-bank-digital-currency-part-1-839a35c2a1be
Executive Summary The Global Savings Group (GSG) is not a fintech. They are a hidden champion as Europe’s leading shopping rewards company, founded in 2012. They are offering an alternative to the GAFA channels and are active in 20+ countries under different brands. Amongst their clients are small merchants and well-known global companies.
“We try to offer an alternative to the GAFA [Google, Apple, Facebook, and Amazon] channels, but we don’t do classical advertising”Gerhard Trautmann, CEO and Co-Founder GSG
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The Founder This time Gerhard Trautmann is our guest, the CEO and co-founder of Munich-based Global Savings Group. If you have not heard of them, they are active in 20+ countries under different brand names. He met his co-founders while still working in management consulting, and they decided to make their Powerpoint slides reality.
“Oliver Samwer said he did not like our ideas, but we could be a cool team.”Gerhard Trautmann, CEO and Co-Founder GSG
The Company Global Savings Group (https://www.global-savings-group.com/) is not a fintech company, they are working in the affiliate marketing space. They call themself a lead generation company, including couponing pages. They are active in 20+ countries with multiple websites across Europe. They won the German Deliotte Fast 50 Award.They own several commerce content portals. Some of their largest markets are the UK and France, even though they are headquartered in Munich. The company was started in cooperation with Rocket Internet. Amongst their clients are small merchants and adidas, Just Eat, IKEA, dyson, Lenovo, SAMSUNG, ebay, Nike, H&M, Booking.com, O2, Sephora and Ray Ban.
They are also working with large media companies including Focus, CNN, El Pais, IG.com (Brazil), Le Express (France), Business Insider and One India on deals, discounts and coupons.
“We funded our acquistions as a combination from our profits, loans and exchange of shares”Gerhard Trautmann, CEO and Co-Founder GSG
Venture Capital Funding The company raised in total M 79 US$ in funding since interception in 2012 up to Series D. They did not disclose the amount of their last funding in 2021. Amongst their investors are General Global Capital, TRP Global, HV Capital, Groupe M6, Rocket Internet, DTCP, New Enterprise Associates and Headline.
Open to Talk to Takeover Targets GSG wants to grow organically, but is open to talk to companies that feel like they could add to their journey.
Learn More Find our blog with links and show notes here
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
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
Executive Summary Kenjo is Germany’s rising HR Tech star. They are the main competitor of Personio but are more standardized with a larger potential customer base. Despite being very young, they have already customers across Europe and the US. They count amongst their early investors the co-founders of the unicorns Taxfix and Wefox.
"Kenjo is the number one challenger of unicorn Personio"David Padilla, Co-Founder and CEO Kenjo
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“I thought always I was ending up in London, but then Julian Teicke — now the founder and CEO unicorn WeFox — called me up … .”David Padilla, Co-Founder and CEO Kenjo
Blog Post Find the blog post containing all links and our show notes here: https://medium.com/startuprad-io/meet-germanys-effortless-all-in-one-hr-software-startup-kenjo-aaa68161aba3
Executive Summary BYWAYS is a SaaS tool, which connects warehouses, clients, and logistic companies to order transportation at the time and date needed, like a Calendly for logistics. They already have ASOS, Maersk, and Sennder amongst their clients.
"You can imagine our tool as a kind of a calendar app, where the customer can book transportation for a desired date and time."Alexander Palffy, Co-Founder, and MD of BYWAYS
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Blog Post, Links and Further Readings Find all the links on our blog https://medium.com/@startuprad_io/meet-byways-the-startup-of-sennders-former-head-of-product-and-they-have-the-us-in-sight-394d321d7c29
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, 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
Our Sponsor Startupraven A 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 build amazing things every day - no matter how big or small their ideas may seem at first glance.
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Find all Links and Show Notes on our Blog https://medium.com/@startuprad_io/asvin-provides-cybersecurity-for-the-internet-of-things-b035203b70f
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
Executive Summary French neobank unicorn Qonto announced their 486 m Euros in Series D funding at 4.4 bn Euro valuation in January 2022, with a global Who-is-Who of investors. 100 m Euros of this record funding will go into their expansion in the German market, competing with Penta, N26, Holvi, or Deutsche Bank’s Fyrst. So we talked to Torben Rabe Qonto’s Country Director for Germany about how they want to compete and reach their goal of 1 million customers by 2025.
Our Sponsor Startupraven A 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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Learn more and find all links and show notes here: https://medium.com/@startuprad_io/learn-how-french-fintech-unicorn-qonto-wants-to-conquer-the-german-market-fdab1f1d3aa4
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
Management Summary Germany has a coalition government in power. The coalition contract of the three governing parties “Koalitionsvertrag” wants to enable the recreational use of cannabis in Germany, during this term. Jakob and Benedikt give us an update on the timeline, expected market size, and how Canasativa wants to get a big share of this market. The brothers also expect the legalization in Germany to have a domino effect in the EU kicking off a round of legalization in other countries.
We expect legalization in Germany to be just the start for legalizing cannabis for recreational use in the European Union.Benedikt Sons Co-Founder and CEO of Cansativa
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
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We are building the leading retail platform for in Germany, as well as the leading B2B marketplace in cannabis.Benedikt Sons Co-Founder and CEO of Cansativa
Find all links and show notes here
Executive Summary AlphaQ is a new fund of VC funds, headquartered in Berlin. They are not only raising money to invest in VC funds, but they also swap shares in existing VC funds for shares in their Fund of Funds. In our interview Stephan, the founding partner also elaborates on their investment strategy.
"Over the last years venture capital has outperformed most other investment classes, but now we see a correction in valuations." Stephan Heller, Founding Partner AlphaQ
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"The goal of one billion is only the minimum size for us to list. Our earliest listing window is in 2026." Stephan Heller, Founding Partner AlphaQ
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Find all links and show notes on our blog post here: https://medium.com/@startuprad_io/meet-alpahaq-they-are-on-their-way-to-becoming-a-one-billion-euros-fund-of-vc-funds-1b182c1319cc
Executive Summary Endosane is a new take on developing drugs. Endosane is a joint venture of a group of researchers (Prof. Leweke and Dr. Rohleder) and the Sanity Group. Their goal is to apply cannabinoid compounds to develop drugs for neurologic and psychiatric applications.
Our background is in neurology and psychiatry … we think this area has not received as much attention in drug development as it deserves.Max Narr, MD ENDOSANE
Our Sponsor Startupraven A 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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The Guest In this interview, our guest ist Max Narr (https://www.linkedin.com/in/max-narr-6a3b2a18a), MD at Berlin-based health care startup Endosane (https://endosane.com/). He is also Chief Investment Officer of Sanity Group (https://sanitygroup.com/), which develops products out of the components of cannabis.
The Startup Endosane (https://endosane.com/) is a joint venture of Sanity Group (https://sanitygroup.com/) and a group of researchers. Max says it is Sanity’s take on developing drugs, partly based on cannabis derivatives. Their drug development is advancing the research of Prof. Leweke and Dr. Rohleder on cannabinoids for medical use.
Sanity Group Endosane has close ties (capital and personal wise) with Sanity Group. You can learn more about Finn Hänsel, the founder of Sanity Group, and his plans for the future in our interview with him here: https://open.spotify.com/episode/1TXps03Uxzb8hv0KvOVIpN?si=b17a5f2f3cbe40a4
Find all links and show notes on our blog: https://medium.com/@startuprad_io/endosane-brings-new-hope-for-patients-with-mental-health-conditions-7513dcfefa7b
Highlights Startups in Europe raises 28.2 bn US$ in Q1 2022, the 2nd highest quarterly number on record. ⇒ Is this a lagging indicator!
Related:
CB Insights wrote just a few days ago: https://news.crunchbase.com/news/eu-funding-slows-europe-investment-startups-russia-ukraine/
But the seed funnel for startup investments is declining.
Hot sectors are currently
· Fintech
· Deeptech
· Health
· AI & Data
Startups Generated in the first quarter of 2022 more than 50.000 jobs. There are 90% more job openings, with the largest openings currently in fintech, health and biotech.The Exclusive Report
A little note here: There was a glitch in the seed data – in the version we used for our YouTube recording. Please refer to the corrected numbers in the document below:
https://infogram.com/quarterly-report-q1-2022_europe-1h7g6k05mplwo2o?live
Find the complete blog post here: https://medium.com/@startuprad_io/pulse-of-the-european-startup-system-update-q1-2022-f3fe257e70d6
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We want digital debt to be registered, issued, transferred and eventually traded on our infrastructure. Benedikt Schuppli, Co-Founder and Co-CEO of FQX
Executive Summary FQX is a Zürich, Switzerland-based fintech with great aspirations. They want to digitize company debt and this digital debt to be registered, issued, transferred, and eventually traded on their infrastructure.
Promissory notes are known around the financial world. These instruments are fairly standardized. So, if you put this on a blockchain, you have an extremely powerful financing tool. Benedikt Schuppli, Co-Founder and Co-CEO of FQX
The Founder This time we interview Benedikt Schuppli (https://www.linkedin.com/in/benedikt-schuppli/), a founder from Switzerland. He is the co-founder and co-CEO of FQX (https://fqx.ch/), a fintech startup from Switzerland offering electronic IOUs. Benedikt is a lawyer by training but took his first job after graduating with a Swiss fintech pioneer named Lykke as Chief Legal Officer. He there realized he wanted to be an entrepreneur and co-founded a smart contract startup called Lexon.
The Startup FQX (https://fqx.ch/) is based in Zürich, Switzerland. Promissory notes, a version of IOUs is a stable of company funding in the German speaking area. Now with digitalization they get the ability to become much more widely used and listed on capital markets globally. A single issuance of promissory notes by one issuer is normally between 50-150 million Euros each. According to a recent statistic Q2 2021 alone saw the issuance of promissory notes worth 2,5 bn Euros in Germany, compared to 3,2 bn Euros in Q2 2020. Right now, they have a premium for not being tradable, but this is about to change with FQX.
Learn more here: We want digital debt to be registered, issued, transferred and eventually traded on our infrastructure. Benedikt Schuppli, Co-Founder and Co-CEO of FQX
Executive Summary FQX is a Zürich, Switzerland-based fintech with great aspirations. They want to digitize company debt and this digital debt to be registered, issued, transferred, and eventually traded on their infrastructure.
Promissory notes are known around the financial world. These instruments are fairly standardized. So, if you put this on a blockchain, you have an extremely powerful financing tool. Benedikt Schuppli, Co-Founder and Co-CEO of FQX
The Founder This time we interview Benedikt Schuppli (https://www.linkedin.com/in/benedikt-schuppli/), a founder from Switzerland. He is the co-founder and co-CEO of FQX (https://fqx.ch/), a fintech startup from Switzerland offering electronic IOUs. Benedikt is a lawyer by training but took his first job after graduating with a Swiss fintech pioneer named Lykke as Chief Legal Officer. He there realized he wanted to be an entrepreneur and co-founded a smart contract startup called Lexon.
The Startup FQX (https://fqx.ch/) is based in Zürich, Switzerland. Promissory notes, a version of IOUs is a stable of company funding in the German speaking area. Now with digitalization they get the ability to become much more widely used and listed on capital markets globally. A single issuance of promissory notes by one issuer is normally between 50-150 million Euros each. According to a recent statistic Q2 2021 alone saw the issuance of promissory notes worth 2,5 bn Euros in Germany, compared to 3,2 bn Euros in Q2 2020. Right now, they have a premium for not being tradable, but this is about to change with FQX.
Learn more here: https://medium.com/startuprad-io/fqx-brings-companies-debt-funding-to-the-blockchain-83c8528515a3
Father’s Day Special Publication We publish this interview — focusing on men’s health — as the second episode today for a very special reason. Today we celebrate Father’s Day in Germany (always on Ascension Day — also a public holiday in Germany).
So happy Father’s Day to all fathers out there!
We want to help increase men’s life expectancy. … Men are notoriously bad at doing preventative health measures. … This is where we want to be their digital companion. This is the vision we want to get to.Jens Nörthershäuser — Founder and Co-CEO Kranus Health
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The Founder Our guest today is Jens Nörthershäuser (https://www.linkedin.com/in/jensnoertershaeuser/), Founder and CEO of Kranus Health. He studied biochemical engineering in Karlsruhe at KIT (Karlsruhe Institute of Technology) and UCL in London. He holds an MBA from INSEAD, has been with McKinsey, Amazon and Palantir, as well as an ecommerce founder before starting Kranus Health.
We saw a big care gap. Drugs only solve the symptoms [of erectile dysfunction]. Jens Nörthershäuser — Founder and Co-CEO Kranus Health
The Startup Kranus Health was founded by four co-founders. The company is named after a Celtic god of fertility. Their first product is a digital health app, assisting in the treatment (including drugs and therapy) of erectile dysfunction. The app is available in Germany on prescription, which means they are reimbursed by health insurers.
The current focus of the treatment is that drugs only take care of the symptoms, which still can leave men with a loss of life quality or even depression. This is where they further assist patients.
There are also correlations between drug treatments with cardiovascular follow-up events e.g. heart attacks. Most patients in the past have mostly only received drug treatments and no overall health care (workouts, mental therapies, …). This is where Kranus Health comes in.
Kranus grew by more than 100% in 2021. They have more than 50 employees right now and plan to have more than 100 employees at the end of 2022.
Kranus Health Is Hiring Learn more here:
CareersKranus Edera - The app on prescription that has been proven to help men with erection problems through a holistic…www.kranushealth.com
There is already great stuff happening in femtech, we want to start the same for men’s health. Jens Nörthershäuser — Founder and Co-CEO Kranus Health
Venture Capital Funding The company has already raised more than 2 m US$ in funding. The early backers include Konstantin Mehl, known as the co-founder of foodora and CEO of Kaia Health, as well as Manuel Thurner, co-founder and CTO of Kaia Health. Invested are also A Round Capital, High-Tech Gründerfonds, and Venture Basecamp, as well as investor Ralph Müller.
Find all links and show notes here: https://medium.com/startuprad-io/an-english-world-premiere-meet-kranus-health-the-startup-behind-germanys-most-successful-digital-5c541baaab63
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 GermanyThis 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
The first version of what is today Excel was coded in 1979. … Google Sheets was invented in 2006. … They were both invented before the age of APIs and SaaS toolsTorben Schulz, Founder and COO of Rows
Executive Summary Torben started the company after stints as a consultant in Germany and Brazil, as well as a Master's in the US. Rows turns spreadsheets into a webpage or a webapp with a few clicks. It takes spreadsheets to the current age, because the two most popular versions are 40+ and 15+ years old at their core.
Every 7th person in the world is a spreadsheet user.Torben Schulz, Founder and COO of Rows
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With Rows we pick on the crown jewel of Microsoft Office. It is the world’s No 1 productivity toolTorben Schulz, Founder and COO of Rows
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I grew up in a family that was the opposite of entrepreneurial.Torben Schulz, Founder and COO of Rows
Find all links and shownotes here: https://medium.com/@startuprad_io/rows-brings-spreadsheets-to-the-age-of-apis-ef6083cdd876
Executive Summary Exaloan started out as a rating agency for digital assets. They developed into a global platform to connect crowdlending platforms and institutional investors. They started out with the rating of digital assets. Soon they realized that it makes more sense for them to help investors with the access to lending platforms and building of their portfolio in crowdlending assets using tokenization.
Our mission is to close the global financing gap, which is a staggering 5.2 trillion US$, which means there are more than 100 m SMEs that are lacking financing. Luca Fignani, co-founder and CEO of ExaloanWith our partners we have created a tokenization engine, a digital asset platform, on which we can create a digital token for the loans, we have sourced from crowdlending. This is really a step to the next level. We are joining digital assets with digital lending. Luca Fignani, co-founder and CEO of Exaloan
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The Founder Our guest today is Luca Frignani (https://www.linkedin.com/in/luca-andre-frignani/), the CEO and co-founder of Frankfurt based fintech Exaloan (https://www.exaloan.com/). He is an original Frankfurt boy, with roots in Italy and Czech Republic. Since he is already very international, he spent quite a bit of time studying in France Lille and Nizza. He also spent time in London and Zürich. At one time he also worked as a quant analyst, developing investment strategies.
Development banks are seeing crowdlending platforms are a very important tool.Luca Fignani, co-founder and CEO of Exaloan
The Startup Exaloan (https://www.exaloan.com/) is a Frankfurt-based fintech company. They are a rating agency for digital assets. It is also working with its clients to give them access to international crowdlending platforms and help them to build a portfolio. They are cooperating with platforms in Germany, Vietnam, Singapore, Indonesia, and the Philippines, just to name a few.
Venture Capital Funding ... learn more on our blogpost at www.medium.com/startuprad-io
"Klana is all built beautifully around the consumer. … but many merchants also want a B2B checkout and here Klana decided to partner with the leading provider in the space [Billie.io]."Matthias Knecht, Co-Founder Billie.io
The Founder “I was raised in Germany, with a stint at Columbia University before moving to McKinsey. After working for them,” says Matthias (https://de-DE_.linkedincom/in/-matthiasknecht), “I left and started Zencap.” This company was eventually acquired by Funding Circle where he spent only one year of his time there; then on into Billie — together with cofounder Christian.
"Hiring is currently one of our main challenges. Our doors are wide open."Matthias Knecht, Co-Founder Billie.io
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The Startup Billie’s business is disrupting the B2B market by allowing consumers to buy now and pay later. Their investors include Klana — one of Europe’s largest Buy Now Pay Later (BNPL) companies for this sector with over 50 million clients across 500+ brands worldwide!The company also integrates seamlessly into Klana’s systems so that all client transactions can be done through Billie's platform while still enjoying advanced features such as payment encryption and loan pre-payment options which not only make financial services more accessible but give buyers peace of mind when making large purchases or taking out short term loans.
Website: https://www.billie.io/
Crunchbase: https://www.crunchbase.com/organization/billie-io
Twitter: https://twitter.com/billiegmbh
LinkedIn: https://www.linkedin.com/company/billie.io/
Venture Capital Funding Billie is one of the most successful startups in Germany and they have raised more than 140 m US$ from investors like Creadum, Global Founders Fund (Rocket Internet), Dawn Capital, Speedinvest, Klana, Tencent, and Picus Capital. It sounds like Billie may become soon a unicorn with all these hints being dropped about their future success.
Learn more at www.medium.com/startuprad-io
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
This time we do not interview an entrepreneur or investor from GSA, but we speak to Daniel. His startup equidam helps to value startups. He shares exclusive data with us on the GSA startups.
"We helped to value more than 130.000 startups."Daniel Faloppa, Founder and CEO equidam
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"A lot of news around is just about the best startups. This gives entrepreneurs the wrong impression on the valuation of what is possible."Daniel Faloppa, Founder and CEO equidam
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"One of the central questions of entrepreneurial finance is how much is my startup worth?"Daniel Faloppa, Founder and CEO equidam
The Founder We hear from Daniel Faloppa (https://www.linkedin.com/in/danielfaloppa/), originally from Italy, but set up equidam (https://www.equidam.com/) in the city of Rotterdam in the Netherlands. This time we talk about startups and their valuation.
Daniel is originally from Italy, but his studies also took him to Glasgow and Rotterdam, where he set up his company.
"Valuating startups is really a dark art."Daniel Faloppa, Founder and CEO equidam
The Data Find the graphics with the exclusive data on our blog post on medium.com/startuprad-io
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
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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
"We want to create a world-class ecosystem for biotechnology."Felix Wälder, Project Coordinator BioTech-Hub Mainz
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We not only focus on the bio part, but we also see the importance of the tech aspect in developing biotechnology products.Felix Wälder, Project Coordinator BioTech-Hub Mainz
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We want some of the next big ideas to be developed in Mainz and enable them to grow in Mainz. Felix Wälder, Project Coordinator BioTech-Hub Mainz
The City The City of Mainz has a very long history, founded by the Romans on the right side of the river Rhine in the 1st century BC. It is the native city of Johannes Gutenberg, the inventor of the movable type printing press. The city is the capital of the German state of Rhineland Palatine and home to several universities, including the research-heavy Johannes Gutenberg University (JGU).
Great brains came to Mainz and gathered around great minds … translating their knowledge in products [the COVID vaccine]Felix Wälder, Project Coordinator BioTech-Hub Mainz
The city is also home to a growing biotech cluster including spinoffs of the JGU, especially BioNTech, known as the brains behind the BioNTech Pfizer corona vaccines. The company is a smashing success, to a degree that this company alone increased the German GDP by 0,5% (https://www.reuters.com/article/us-germany-economy-biontech-idUSKBN2FB15A). Note that Germany has the 4th largest GDP in the world.
This success fills the coffers of the city with money, which in turn they will invest in turning the city into one of the world’s premier biotech and tech hubs.
We want startups and investors to come to Mainz, become successful here, and stay here.Felix Wälder, Project Coordinator BioTech-Hub Mainz
The Guest Our guest today is Felix Wälder (https://www.linkedin.com/in/felix-w%C3%A4lder-b22a63100/), who works for the City of Mainz’s utility holding company ZBM. Felix’s studies also took him to the University of North Carolina Wilmington. ZBM provides many services for the city and also takes the lead for the Biotech-Hub Project (https://www.zbm.mainz.de/biotech-mainz/). Felix is the project coordinator for BioTech-Hub Mainz.
NOTE: We made a little mistake in the name tag, Felix is not an MD for the City of Mainz, but for the ZBM.
We will coordinate within the city and give startups, investors, and interested parties all the answers they need.
Felix Wälder, Project Coordinator BioTech-Hub Mainz
The New Blog We completely changed our website setup and moved our blog to www.medium.com/startuprad-io, where from now on you can now find all of our blog posts
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/
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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
The Subject Matter Expert Tara is a political analyst from PANALIS. PANALIS is Germany’s and likely also Europe’s No 1 software tool for policy analysis for associations and industry groups. You can find the interview with the two founders dating to April 2019 on our blog post here: www.medium.com/startuprad-io
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First 100 days All governments have 100 days before the press hikes up their scrutiny. Since Mr. Scholz was sworn in on December 8th, 2021 as the 9th chancellor of Germany, the first 100 days will be over on March 18th, 2022. So we took the opportunity to have a look at what is potentially on the cards for
The interview was recorded before the outbreak of hostilities in Ukraine, so there is no mention. We focus on what to expect from the German Government in very broad terms. Note that the current situation, with Ukraine and Corona, may totally derail the coalition contract, which is what we discuss right now. But for now, we can only discuss what we know. So let’s dive in.
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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“The main message is that 2021 was an exceptional year. 2021 saw an 150% growth of startup investments in Europe”Thomas Kösters – Managing Director DEEP Ecosystems
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“We detected the uptick in Lisbon early, when we started. We asked ourselves if we are wrong as no one else was talking about Lisbon as a startup hub.”Thomas Kösters – Managing Director DEEP Ecosystems
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“Seed rounds are actually a lagging factor of the success of a startup hub”Thomas Kösters – Managing Director DEEP Ecosystems
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The DEEP Ecosystem DEEP Ecosystem is a company founded by entrepreneurs for entrepreneurs, also the entity behind the https://startupheatmap.eu/. The company is an analytics company focusing on startup hubs in Europe. They are actively tracking more than 100 cities across all of Europe, from Meetups in the respective cities, to the share of female founders and all the accelerators active in the cities and even much more.
The Guest Thomas Kösters (https://www.linkedin.com/in/thomas-k%C3%B6sters-8602a247/)is our guest today, he is the Managing Director. Before he started with the startup heatmap, he was working for companies like Siemens, Microsoft, and EIT Digital.
The Report – Exclusively for our Listeners and Viewers The data we are sharing here is nowhere else legally accessible. We are sharing here exclusively an excerpt of the Q4 Startup City Signals report, with more than 10 pages of exclusive data.
You can find all data here (hint: it is interactive when you hover with your cursor over it).
https://infogram.com/1pe2qp17963ej1bm75jlwzk23nhl1ky39zw?live
Nobody knows what a digital euro will look like. ECB is in the process of exploring the possibility. Philipp Sandner, Blockchain Expert
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China is with its digital Yuan ahead of Europe or the US. The ECB is investigating the possibility, with the aim of having a digital Euro 2025. We will see China launching the digital Yuan this year. That is almost 5 years ahead.Philipp Sandner, Blockchain Expert
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CBDC is a variant how the Euro will run on a modern infrastructure.Philipp Sandner, Blockchain Expert
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The Expert This interview is part of our series with subject matter experts. Our guest today is Philipp Sandner (https://www.linkedin.com/in/philippsandner/), Professor at Frankfurt School of Management and Finance. There he is head of the Blockchain Center. He is also a member of the fintech advisory council to the German federal government (FinTechRat), Chairman of the International Toke Association, as well as a contributor to Forbes (https://www.forbes.com/sites/philippsandner/). According to one of Germany’s largest newspapers Frankfurt Allgemeine Zeitung (FAZ), Philipp is also one of the 30 most influential economists in the German-speaking area in their ranking for 2018 and 2019. He is also co-founder of the German Blockchain Association.
The situation of the Federal Reserve in developing a digital central bank Dollar is like the ECB. Both are early in exploring the topic. Philipp Sandner, Blockchain Expert
The Digital Euro Central banks take inspiration from cryptocurrencies and are actively thinking about introducing their own cryptos, called central bank digital currency (CBDC). There are many podcasts out there talking about CBDC, especially US$, but Startuprad.io is headquartered in the city of the Euro, Frankfurt. So, we thought we shed some light on the perspective from Europe. The European Central Bank and the Federal Reserve are both in the first steps of exploring the possibilities and implications of CBDCs for the Euro and the US Dollar. But there is already a growing market in US$ stable coins, where stable coins in Euro have to stomach losses, due to the negative interest rates in the European Monetary Union (EMU). Tune in to learn more...
The difference in the US is that there is already a working alternative, the US$ stable coins. Philipp Sandner, Blockchain Expert
Further Readings / Additional Resources * Here is the link to the blockchain master program of Frankfurt School https://www.frankfurt-school.de/home/programmes/master/blockchain-digital-assets * The central bank digital currency tracker of the Atlantic Council: https://www.atlanticcouncil.org/cbdctracker/ * CBDC definition https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp * Definition legal tender https://www.investopedia.com/terms/l/legal-tender.asp * Swift https://de.wikipedia.org/wiki/SWIFT * Bhutan https://en.wikipedia.org/wiki/Bhutan * Stable coin https://en.wikipedia.org/wiki/Stablecoin * Tether coins https://en.wikipedia.org/wiki/Tether_(cryptocurrency) * Lender of last resort https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/what-is-a-lender-of-last-resort.en.html * Money multiplier https://en.wikipedia.org/wiki/Money_multiplier * Money Supply M1, M2, M3 https://en.wikipedia.org/wiki/Money_supply * Interest rates https://www.investopedia.com/terms/i/interestrate.asp
DEFI is dominated by US$ since many people active in crypto calculate their net worth in US$. Philipp Sandner, Blockchain Expert
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:LinkedInTwitterEmail
Keep Up to Date Here is our publication calendar: https://calendar.google.com/calendar/embed?src=012i27ak525qi3smgjl8v9tbio%40group.calendar.google.com&ctz=Europe%2FBerlin
"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
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"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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When I started in crypto, I had to manage so many wallets and platforms, that I could not imagine how complicated it would be for an institutional investor. We started FINOA to help with that.
Henrik Gebbing, Co-Founder and Co-CEO of FINOA
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We want to be the No 1 crypto custodian for institutional investors in Europe. Henrik Gebbing, Co-Founder and Co-CEO of FINOA
The Founder In this interview we speak to Henrik Gebbing (https://www.linkedin.com/in/henrik-gebbing-finoa/), the Co-CEO and Co-Founder of Finoa, a Berlin-based crypto fintech, which is already one of the hidden champions. They are a global top 5 crypto custodian for institutional investors. Henrik attended Golden Gate University in San Francisco as a Fulbright Scholar and got his MBA at IE Business School in Madrid. He later worked as a consultant with McKinsey, but after 4 years jumped ship to start Finoa. He developed the idea, that would later become Finoa with his roommate (and now co-founder) on the kitchen table in Madrid while studying for his MBA.
Globally we want to maintain one of the top 5 spots for crypto custody. Henrik Gebbing, Co-Founder and Co-CEO of FINOA
The Startup The co-founders started Finoa (https://www.finoa.io/) in Berlin. Their driving idea was – and still is – to support institutional investors to go into crypto. They also support wealthy individuals, who hold substantial amounts of crypto assets of more than 100.000US$. Finoa is a custodian, meaning they keep - on behalf of their clients - their crypto assets save. At the time of the interview, they have around 400 customers. Their clients include the crypto holdings of Rocket Internet, T-Systems, US-based VCs, and hedge funds.
In April 2021 they announced a 22 mn US$ Series A funding, which is sizeable for Germany, as well as for crypto at the time.
We hold assets for entities in Asia and Silicon Valley, but our focus market is the European Union. Henrik Gebbing, Co-Founder and Co-CEO of FINOA
Venture Capital Funding FINOA announced their Series A funding of 22 mn US$ in April 2021(LINK). FINOA is open to discussions with investors, but they are not actively looking for new investors.
Fintech is fast, but crypto is warp-speed. Henrik Gebbing, Co-Founder and Co-CEO of FINOA
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 is a 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
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
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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All show notes and news links are here: https://www.startuprad.io/blog/this-month-in-german-startups-germany-austria-switzerland-january-2022/
"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 FounderWe 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 StartupThe 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 READ-O
"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/
“For banks the pandemic meant that they had to digest 10 years of digitalization in only two years.” Paolo Sironi - Thought Leader and Author
Hello and welcome everyone to our 2021 Fintech Review for the German Speaking Area - Germany, Austria, and Switzerland, also called GSA. This is an annual tradition started in 2014, first in German, now in English. You can find the older reviews in the blog post below:
“Crypto is coming, no question. The metaverse is coming and exciting for me is the question how we will pay in the metaverse” Oliver Oster - CMO and Founder OptioPay
“What struck me the most in 2020 is Crypto. It is sooo much more popular today than one or two years ago” Janis Dust - CMO and Co-Founder Epap
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“As people are going from in-person to remote a lot of [banking] processes have to be updated. It is basically a huge accelerator for the whole banking industry.” Frank Schwab - Co-Founder Fintech Forum
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“[Venture] Capital becomes more concentrated. It will get harder for the new kids on the block” Frank Schwab - Co-Founder Fintech Forum
Our Guests
Today I welcome our guests:
“10 years ago adding the valuation and market capitalization of the global top 500 banks and fintech unicorns plus the payment providers: 10 years ago banks represented 97% of that value, today they are down to almost 70%.” Paolo Sironi - Thought Leader and Author
This time I ask our guests 4 questions on the current state of fintech, their outlook, and drivers for the future.
The questions are:
1) What is the strongest impact of corona on the financial and fintech world, immediately and in the future?
2) What is the most important development you have seen in total in 2021 for fintechs?
3) What do you see in 2022 for the fintech scene in GSA?
4) What field of fintech do you see becoming more important in 2022? Is it already the year of the green fintech?
Wishing you happy holidays from Frankfurt! We will be back on January 13th with an interview. Enjoy your time with family and friends and stay safe!
“The most obvious impact [of corona] for me was, that here in Berlin people have stopped paying cash and now pay by card or digital [cell phone or wrist watch]” Oliver Oster - CMO and Founder OptioPay The Audio Interview Podcast
You can subscribe to our podcasts here.
Fintech Reviews Since 2017 “Some neobanks retreated with their business from abroad. They understood that volume is not enough for a great value offer” Paolo Sironi - Thought Leader and Author
https://www.youtube.com/playlist?list=PLUbiCAQc22WsxyePUkzBI-LKh1y4yy0sq
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 links and show notes here: https://www.startuprad.io/blog/fintech-review-2021-germany-austria-and-switzerland-gsa/
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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Find all links and extensive show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2021/
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We learned in our projects that charging electric cars is challenging for B2B and B2C customers Simon Vogt, Co-Founder and CSO &ChargeOur 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
Charging can still be challenging for the EV driver. Simon Vogt, Co-Founder and CSO &ChargeThe Founder
Simon Vogt (https://www.linkedin.com/in/simon-vogt-a9a07931/), Co-Founder and Chief Sales Officer of Frankfurt-based startup &Charge is our guest today. They just raised seed funding to help online shoppers offset their climate impact and reward them with points e.g., for charging electric cars or using e-scooters.
Simon has collected already some experience in mobility. He worked in emobility projects of BMW, been with Porsche Consulting and finally been the coordinator for e-services for Porsche’s model Taycan.
Charging is more than refueling. You have time. Simon Vogt, Co-Founder and CSO &ChargeThe Startup
The founding team realized that charging is different from refueling, so the team behind &Charge (https://and-charge.com/#/) realized that the charging EV owner has time on his or her hands. So, &Charge started connecting charging with eCommerce, so an online buyer gets rewards points for recharging their EV or using an e-scooter or similar stuff. Currently, they are covering 95% of the German eCommerce market with partnerships.
We help our customers to decrease the price of re-charging and the total costs of ownership. Simon Vogt, Co-Founder and CSO &ChargeVenture Capital Funding
They just raised a seven-digit seed round (https://buff.ly/3oW9C1m) but will surely look soon at a Series A funding round. Amongst their investors are the corporate venture capital arm of energy company Helen, called Helen Ventures and Porsche Ventures.
I could be considered a pioneer or dinosaur of emobility, I stared with it 10 years ago. Simon Vogt, Co-Founder and CSO &Charge
Find all links and show notes here: https://www.startuprad.io/blog/charge-just-raised-seed-funding-to-help-online-shoppers-fight-global-warming/
“To accelerate our growth, we need to buy companies”Pascal Lauria, founder and CEO Cogia Tune in to our Internet Radio Station here:
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“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 The Video Interview is set to go live on Tuesday, December 14th, 2021 at 16.00 CET
https://youtu.be/GIlccHp_DgY
The Audio Interview Podcast
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Other Interviews with Pascal
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The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:LinkedInTwitterEmail
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Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ
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/
This year more than 2.000 startups participated with more than 5.000 founders. In total the startups have more than 33.000 employees. On average the participating startups are a bit over 2 ½ years old and are mostly located in Berlin and NRW (Nordrheinwestfalen, one of Germany’s states). NRW is Germany’s largest state by population. It is also home to the Rhein-Ruhr metropolitan region, one of the world’s 40 largest Metropolitan Regions.
Toronto-based fintech unicorn FreshBooks made with Fastbill its first acquisition in Europe.
"
Collect 2-3 term sheets from VCs early on. If you don’t get term sheets there is something wrong with your equity story.
Jörg Wiemer, Co-Founder and CSO at TIS"
"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
Chris and Joe get together to give you an update on the German-speaking startup scene in English
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.
We talk to Denis, co-founder of Emma, a Frankfurt-based sleep tech startup on its way to becoming No 1 worldwide.
Daniel is the CEO and co-founder. One of his friends committed suicide, which made him start the company.
Meetfox originally wanted to be a platform for coaches, but soon realized they are better at scheduling billed appointments. Then they moved from Vienna to New York City.
She has a strong startup background, once building up the business for a German startup in New York City
Incari is a software provider, from Berlin. Currently, they are mostly working on interfaces for the automotive industry but want to develop further into an operating system for the interfaces of cars.
As you may know, FIFA 22 was published just a few days ago. That is like Christmas for most eports fans. So, we took the opportunity to talk to Philipp, ceo and founder of Gamers Academy
Chris and Joe introduce you to the new unicorns and keep you updated on the existing ones
This is one of our interviews, covering a startup from Tirol, Austria, the fintech Monkee. We have Martin in the interview, CEO and co-founder of the fintech. Martin is an engineer by training, having worked more than a decade at Swarovski, in his last position he was leading the global innovation department.
We talk to Michelle, a silicon valley based entrepreneur. She shares thoughts on how to think about corporate culture with us
This interview is in media partnership with the German startup association. Their German Startup Awards (GSA21) honor each year outstanding female and male founders and investors in special categories.
We catch up with Olaf, the CEO of Visual Vest a robo advisor, which now manages more than 2.6 bn Euros Client Assets
We talk to Sax Power, the innovative battery startup from Ulm. We talk with them about their first product, a storage unit for solar power, for home use.
In this interview, we talk to Kate Pohl. She shares her experience on cooperations between startups and corporates from both sides
This interview is part of our series with the German Startup Association and their German Start Awards 2021
We interview Roman, the CEO and founder of the all-digital health (re)insurer ottonova. He talks about the experience to set up the first private health insurer in 20 years in Germany.
Thomas has a past as an entrepreneur, shifted to a political career, and became Germany's Commissioner for Digital and Startups. In this role, he is in charge of the 10 bn startup program
Julius is just 20 years old but started a crisis hotline substitute for the generation WhatsApp, available 24/7
The cryptocurrency influencer scene is awash with promises of billions of German institutional funds pouring in soon. We talk about why this will not happen
We talk to Andreas Bodczek, IDnow's CEO about their recent acquisition of Ariadnext in France and Identity TM in Germany.
swisspod is evaluating the options to build a network of Hyperloop tubes underneath the Alps to connect Switzerland, with Germany, France, and Italy and each other.
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. ....
We are reporting live from Germany’s largest unicorn wave ever. We discuss two new unicorns (Scalable Capital and Forto (formerly FreightHub)) and Germany’s first Decacorn Celonis. Austria gets a new most valuable startup with GoStudent.
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.
This interview is in a media partnership with the German startup association. Their German Startup Awards (GSA21) honor each year outstanding female and male founders and investors in special categories.
Palturai is a business intelligence platform, aggregating important data about companies in their database. The company provides the information as a business graph. The company was founded in 2014, but re-branded in 2020 with the opening of its first international location close to Philadelphia.
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/
The idea of LIVEDAB started with the idea to work with NGOs to draw attention to important causes. The Corona pandemic made the startup change this and now they are working with sports clubs, the entertainment industry, or virtual event organizers.
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/
Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio 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 Founder We interview Justin Gemeri, Founder and CEO (https://www.linkedin.com/in/justin-gemeri/) of Frankfurt-based innovation platform ekipa (https://ekipa.de/en/). Is your Startup in Need of A bank Account? - Affiliate Links
Try the account of our Affiliate Partner Penta: http://bit.ly/3bdHX3d
The Startup Ekipa offers a digital platform for startups, students, student teams and corporates to cooperate on innovation challenges, all in one place: https://ekipa.de/en/ Is your Startup in Need of an Office? - Affiliate Links
Try the account of our Affiliate Partner WeWork: https://we.co/2GYbxvS
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 show notes here: https://www.startuprad.io/blog/ekipa-offers-a-platform-for-innovation-challenges/
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Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio The Investor In this interview, we talk to investor Thomas J. Richter (https://www.linkedin.com/in/thomasrichterj/), who is Head of Europe at Santa Monica’s Expert Dojo (https://expertdojo.com/international-accelerator/). Thomas has a fascinating story, which started with studying in Ulm, Germany. After a few stops as an employee, he started out in Santa Monica with his first startup in 2013, later becoming Venture Partner at OneTraction. He is now in charge of Europe at Expert Dojo on “Silicon Beach.”
Looking to enter the German or European market? - Affiliate Links · Our partner Mainstage has experience with that. They could help with a completely remote program https://msgi.one/startupradio Learn more about them here: https://www.startuprad.io/blog/mainstage-incubator-helps-to-build-world-changing-startups-right-in-the-heart-of-europe/ The Programm Expert Dojo offers a virtual acceleration program to immerse for 8 weeks in the Silicon Beach ecosystem (https://expertdojo.com/international-accelerator/). They get access to American venture capital and gaining a competitive advantage to set them apart from the rest. Startups will receive a total investment of $100K including 20K in program fees and will participate in an intensive, two-month acceleration program in Santa Monica. In this program, founders will benefit from US business training as well as comprehensive networking opportunities with investors and potential business partners in the LA ecosystem. You can find some of their portfolio companies here: https://expertdojo.com/portfolio/ Affiliate Links · Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
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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 Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio
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
Our partner Mainstage has experience with that. They could help with a completely remote program https://msgi.one/startupradio Learn more about them here: https://www.startuprad.io/blog/mainstage-incubator-helps-to-build-world-changing-startups-right-in-the-heart-of-europe/
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
Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
Find the blog post 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 Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio 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
Our partner Mainstage has experience with that. They could help with a completely remote program https://msgi.one/startupradio Learn more about them here: https://www.startuprad.io/blog/mainstage-incubator-helps-to-build-world-changing-startups-right-in-the-heart-of-europe/
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:
Understand the company and the values of the company Know what technical skill is required for the role Understand the incentive structure of the company hiring Get familiar with the legal restrictions for an employment contract Set up a hiring process (this step may also be at #7, depending on your CTO and his/her network). What are you testing for How do you test it for How do you measure it
Use the network of your CTO to build the tech team When the tech team gets larger, you need to rely on a headhunter at one point
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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“It’s our ambition to be present across the entire Eurozone in the next four months,” Christian Hecker according to TechCrunch Welcome to This Month in German Startups - A bonus episode since we have a new king in town. Trade Republic just became Germany’s most valuable startup with a 900 mn USD funding round backed by investors like Sequoia. Chris joins Joe for this episode. Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio Start in 2015 - at comdirect Startup Garage The story of Trade Republic starts with the comdirect startup garage. comdirect is Commerzbank’s online broker, founded during the late 1990s. Commerzbank again is Germany’s 2nd largest listed bank. So, the founding team Christian Hecker, Thomas Pischke, and Marco Cancellieri started out with the idea of a German RobinHood Trading app (What is today called a neobroker). The Garage helped at the start in 2015 but did back out at funding the startup. The team did not receive funding from comdirect Garage, because one million Euros was too much to invest in a company at a seed stage Affiliate Links
Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
Find the whole story here: https://www.startuprad.io/blog/bonus-episode-trade-republic-becomes-germanys-most-valuable-startup-with-5-3-bn-us-valuation/
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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!
We are very happy to have been listed as No 4 on the Welp Magazine list of "20 Best Start-ups Podcasts of 2021" https://welpmagazine.com/20-best-start-ups-podcasts-of-2021/ Station Frankfurt featured our newest internet radio station in an article https://station-frankfurt.de/2021/05/07/das-steckt-hinter-dem-24-7-startupradio-startuprad-io/ Italy-based Startup.info covered our internet radio station as well: The World’s First Internet Radio Station Dedicated to Startups and Tech Companies Just Launched https://buff.ly/3upGZte
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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Subscribe Here 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
Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
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
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
Learn more: https://www.startuprad.io/blog/eye2you-converts-smartphones-in-simple-medical-retina-scanners/
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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
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Enabler This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/ The Finish company later stopped all their activities in Central Europe. This is where I started crossinx. Marcus Laube, Founder and CEO of crossinx The Founder In this interview, we are talking to Marcus Laube (https://www.linkedin.com/in/marcus-laube/) , the founder and CEO of one of the largest fintech exits this year. He sold the company, he founded in 2007 in 2021 for 100 mn Euros to Unifiedpost Group from Belgium (https://www.businesswire.com/news/home/20210411005030/en/Unifiedpost-Group-and-Crossinx-Join-Forces-to-Create-a-Unique-European-Business-Network). Marcus has been the chairman of the European Fintech Alliance (https://eufintechs.com/) and the co-chairman of the European E-Invoice Service Provider Association (EESPA https://eespa.eu/) The story of Marcus as an entrepreneur is totally fascinating: He was helping one of Lufthansa’s businesses (AirPlus) to get their first website and digitize Germany’s Flag Carrier. This brought him in contact with lots of electronic business ideas, with which he ventured out on his own. His first company was sliding into insolvency. He bought the company out of insolvency and this company stayed afloat by selling chairs and tables. This company was bought later by a company from Finland. This Finnish company stopped their business in Germany and Marcus decided to start over again with founding crossinx in 2007. He now sold this company in a 100 mn Euro plus deal (the deal includes a clause of up to 13 mn € further conditional earn-out payments according to the press statement). Tune in to our exclusive content. We call what we do the financial supply chain. Marcus Laube, Founder and CEO of crossinx Affiliate Links
Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
The Startup crossinx (https://www.crossinx.com/en/) is the leading provider of e-invoicing based service solutions in Germany, working with the largest companies and institutions, such as Nestle, Bayer, TNT, Sixt and the German national government. The company was founded back in 2007 by Marcus Laube. The Exit On April 12 Unifiedpost Group announced to acquire crossinx for 100 mn Euros (up to 113 mn €): https://www.businesswire.com/news/home/20210411005030/en/Unifiedpost-Group-and-Crossinx-Join-Forces-to-Create-a-Unique-European-Business-Network The connection came from Marcu’s work in EESPA, where he met Unifiedpost. There has been interest to acquire crossinx 3 years before, but the deal was sealed after the IPO of Unifiedpost at Euronext (Euronext: UPG).
https://www.startuprad.io/blog/meet-the-fintech-behind-the-100-mn-e-exit-nobody-talks-about/
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The Upcoming Changes to EU Crowdfunding Rules for Startups
Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio The Expert We talk to a former guest, Jamal El Mallouki (https://www.linkedin.com/in/jamalelmallouki/), Managing Director (MD) and Co-Founder of Crowdfunding SaaS tech company CrowdDesk. He is also chairman of the board of directors of Germany’s Crowdfunding Association (https://www.bundesverband-crowdfunding.de/about-the-german-crowdfunding-association-bundesverband-crowdfunding-ev/). He talks with us about the upcoming rules, which will harmonize crowdfunding for startups across the European Union. Affiliate Links
Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
The new Rules / European Crowdfunding Service Provider (ECSP) Currently, Germany has national rules, getting retail investors without any prospectus to invest in startups. Each retail investor can invest up to 25.000 € in total. This limit does not exist for professional investors. A startup can now raise up to 6 million Euros with crowdfunding. These rules are about to change with upcoming EU rules. You can dig deeper in the rules with the links below. The main points are:
Crowdfunding campaigns can now target retail investors across the EU. They can now scale up to the whole EU market. (Crowd)Fundraising startups can now target directly online retail investors across the EU Crowdlending in Germany is now possible, directly via the crowdfunding platform, the need for an intermediate bank is gone. This also means that crowdfunding is competing with classical bank credit here.
EU Startups, running a crowdfunding campaign can now raise funds in the German market, the largest in the EU with 6.7 trn € (8.14 trn US$) in private household wealth (according to Bundesbank, as end of 2020). Fundraising without prospectus is possible, up to 5 mn Euros
Affiliate Links
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
Find all links and further show notes here: https://www.startuprad.io/blog/how-crowdfunding-for-eu-startups-will-change-this-fall/
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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)
Jobs to Be Done: A Roadmap for Customer-Centered Innovation (AL) https://amzn.to/2SLZdIh The Jobs-to-be-Done Handbook: Practical techniques for improving your application of Jobs-to-be-Done (AL) https://amzn.to/3fg34VA Link to HBR Article: Know Your Customers’ “Jobs to Be Done” https://hbr.org/2016/09/know-your-customers-jobs-to-be-done
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
Maximize (Customer Avatar, Message, Solution)
Monetize (Leads, Trust, Conversion)
Multiply (Paid, Organic, SEO)
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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Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio 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
Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
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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When we started 5 years ago, London and Berlin were unreachable, getting 60% of the votes. Now they are between 30% and 40%. Thomas Köster, President Startup Heatmap Europe
Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: https://linktr.ee/startupradio Vienna has the highest share of female entrepreneurs in Europe with 34% of the hubs we are tracking. On average only 15,5% of startups in Europe are founded or co-founded by women. Thomas Köster, President Startup Heatmap Europe
The President/Co-Founder In this interview, we talk to Thomas Köster (https://www.linkedin.com/in/thomas-k%C3%B6sters-8602a247/) , President and Co-Founder of the Startup Heatmap Europe (https://www.startupheatmap.eu/). Their Annual Survey is out for the 5th time and we take the opportunity to talk to one of the authors about their findings. You can learn more here: Direct Link: https://startupsandplaces.com/release-startup-heatmap-europe-2021/ In our Heatmap Survey, we only publish the top 50, but we are tracking more than 200 cities in Europe. Thomas Köster, President Startup Heatmap Europe Affiliate Links
Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
27% of startup founders [in Europe] are starting their company in a country, they did not grow up in. … in the top hubs like Berlin and London you have a share of more than 65% Thomas Köster, President Startup Heatmap Europe
Affiliate Links
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
People from outside of Germany have voted for Frankfurt: I can imagine starting my company here. Thomas Köster, President Startup Heatmap Europe
Find all links and show notes here: https://www.startuprad.io/blog/europes-most-attractive-startup-hubs-berlin-beats-london/
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Welcome to This Month in German Startups by Startuprad.io - in a transatlantic news recording with Chris in New York City and Joe, from Frankfurt am Main. 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. Follow us Find all our social media channels, our podcasts, and our internet radio station here: https://linktr.ee/startupradio
Housekeeping - Time to brag Stay safe everyone!
Startuprad.io is working tirelessly towards our internet radio station. Now we could onboard Laptop Radio, a Stanford Campus Radio Show covering bleeding edge technology, as well as Radio Free Enterprise. Our friends from IBGR have also completed their show syndication for our internet radio called AgileRad.io Tune in to our radio station to learn more:
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Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
Learn more here: https://www.startuprad.io/blog/this-month-in-german-startups-april-2021/
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We talk to Hamburg-based Founder Benny Bennet Jürgens, the CEO and Co-Founder of NECT Germany’s most downloaded self-identification app in 2020. Benny has a past history with insurance companies and found their need for self-identification – required by law – to be a major pain point for them. So he set out to provide a convenient solution, which turned out to be NECT.
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How to Headhunt Tech TalentIf you are coming to Germany, if you do not have any prior knowledge about Frankfurt, you may end up somewhere else.
Time Heathcote, Tech Headhunter
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
80% of startups fail due to problems in the team.
Tim Heathcote, Tech Headhunter
The FounderTim is a British expatriate (https://www.linkedin.com/in/timheathcote/) living in Frankfurt am Main. He originally came to build up a team for a former employer, planning to move further to Berlin. He is now happy with a family in Frankfurt and does not to move anymore. He is now making a living as a headhunter in the tech space, frequently working for startup companies.
Affiliate LinksLearn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: AccessThe CompanyTim has vast experience working as a recruiter, building up tech teams for example at the time of publication with the startup SumUp. The name of his company Rebel Soul Recruitment (http://rebelsoulrecruitment.com/) was inspired by a book called Soulbbatical: A Corporate Rebel's Guide to Finding Your Best Life (AL https://amzn.to/32yHuFB).
He is looking for rebels in the sense that they are aiming to do things differently with the goal to do things better.
Go to see a game of Eintrach Frankfurt, the flair is totally worth the experience. It is totally different from my experience in the UK.
Tim Heathcote, Tech Headhunter
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/2w01ZyeFurther Readings / Additional ResourcesWarmduscher https://www.thelocal.de/20181101/german-word-of-the-day-der-warmduscher/
Weichei https://en.wiktionary.org/wiki/Weichei
Schattenparker https://www.urbandictionary.com/define.php?term=Schattenparker
The Stadion in Frankfurt: https://en.wikipedia.org/wiki/Waldstadion_(Frankfurt)
Frankfurt’s botanical garden: https://de.wikipedia.org/wiki/Palmengarten_Frankfurt
Frankfurts Football Club Eintracht Frankfurt: https://en.wikipedia.org/wiki/Eintracht_Frankfurt
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 usInstagram https://www.instagram.com/startuprad.io/
LinkedIn https://www.linkedin.com/company/4837115/
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The FounderWe talk to Fabian Beringer (https://www.linkedin.com/in/fabianberinger/, https://www.crunchbase.com/person/fabian-beringer), the CEO and Co-Founder of Munich-based e-bot7. Fabian is an early thought leader in chatbots, ai and NLP, he is also writing for the tech blog VentureBeat https://venturebeat.com/author/fabian-beringer-e-bot7/
Fabian is not only the founder of a successful company and a Forbes 30 under 30 (https://www.forbes.com/profile/e-bot7/?list=30under30-europe-technology&sh=6f7fb7391530) , he is also the co-founder of a tech blog called Chatbot News Daily (www.chatbotnewsdaily.com) and he is also a DJ, having worked with the likes of DJ Tiesto. You can find some of his music here: https://www.beatport.com/artist/jensby/164401
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: https://www.linkedin.com/company/ki-verband/, https://ki-verband.de/
Affiliate LinksLearn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access
From the start, we centered our product development on customer feedback.
Fabian Beringer, CEO and Co-Founder e-bot7
The Startupe-bot7 (https://e-bot7.com/, https://www.crunchbase.com/organization/e-bot7) integrates Artificial Intelligence to increase the efficiency of Customer Service. Through its pre-trained machine learning algorithms, the system can automate answers and processes and suggest the best answers to agents. This reduces average handling times, increases sales, and saves up to 80% of costs.
Amongst their customers are the small German Tech companies like Loovo, joyn, but also well-known international brands like Audi, Miele, Telefonica, and the University of Northampton.
If you want to have a successful company, you have to build it around a mission.
Fabian Beringer, CEO and Co-Founder e-bot7
https://www.startuprad.io/blog/conversational-ai-for-customer-service-with-e-bot7/
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homefully offers co-living (furnished apartments) in many cities across Germany and Switzerland. The company has 50% of ex-pat tenants. Now they are looking to expand in Europe ...
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In this interview, we are talking about best practices on how to keep your cryptocurrencies and crypto-assets safe as a private investor.
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Construction 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. Munich-based startup Capmo wants to change that.
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Television.ai helps with ai to generate automatic trailers or short spots for tv programs, independent productions, and much more
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In this interview, we talk to Christian, a subject matter expert for tokens. He explains what are non fungible tokens and their use
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In this media exchange, we talk to Frank, who has been a dot-com CEO and he shares his experience during this crazy time, e.g. how he IPOed out of desperation.
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Joe gets together with a podcaster, a blogger, and an entrepreneur to discuss the developments of 2020 and 2021 for the greater Rhine-Main and Frankfurt area.
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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.
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We are nothing like Greensill says Frankfurt-based TraxpaySupply chain financing became a bit shady with Greensill, but it is totally not. It supports the whole economy.
Markus Rupprecht, CEO Traxpay
The FounderIn this interview, we talk to Markus Rupprecht, (https://www.linkedin.com/in/markusrupprecht/, https://www.crunchbase.com/person/markus-rupprecht) CEO of Frankfurt-based supply chain financing fintech Traxpay.
Markus has vast experience, even before his time at Traxpay, for example, he has been with Deutsche Bank, Software AG, or Hitachi Consulting.
This is kind of a follow-up because one of the first interviews of Startuprad.io was with Markus’s Co-CEO (at the time) and one of their investors, published in October 2014 here on Startuprad.io.
You have on the supplier and buyer side ERP systems, but in payments, many of the information is lost.
Markus Rupprecht, CEO Traxpay
https://www.startuprad.io/blog/we-are-nothing-like-greensill-says-frankfurt-based-traxpay/
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Flash UpdateHey 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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Affiliate Links
· 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:
Follow usInstagram https://www.instagram.com/startuprad.io/
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In this interview, we are talking to Nikolaus D. Bayer, the recipient of the Business Angel of the Year Award. The award is granted by the German Business Angel Association "Business Angel Netzwerk Deutschland" also known as BAND. He founded a company focusing on fraud in payments, called IRIS Analytics, which was bought by IBN end of 2015. He uses these proceeds to invest as a business angel. For his investments, he uses the BeAI GmbH.
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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
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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: https://en.wikipedia.org/wiki/X-ray
Erasmus Programm: https://en.wikipedia.org/wiki/Erasmus_Programme
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 usInstagram https://www.instagram.com/startuprad.io/
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In this interview, we talk to Manuel Pistner, the founder and CEO of Flash Hub. He studied computer sciences because he thought this would bring him to the fast lane as an entrepreneur. After some stops along the way, he founded an agency. Agency business is a very cyclical business, where he was either short of talent or projects (translating into missing cashflow). This crashed his agency and he talked about it in a Ted Talk. To help himself and others to be able to set up flexible global teams he started Flash Hub.
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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
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“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 beautiful tool”
Alexander Kasinec, Co-Founder Evitado
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:
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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
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… 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!” 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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PaceUp Invest Helps Women to Create and Manage Wealth – Founded by a Woman90% of the clients of robo advisors in Germany are still men. This has not changed. The interfaces look all the same. They are not targeting women properly.
Rukayyat Kolawole, Founder and CEO PaceUP Investment
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The FounderRakuyyat Kalowole (https://www.linkedin.com/in/rukayyat-modupe-kolawole-cfa/) is originally from Nigeria but had already very interesting life. Since her regular visits to her grandmother, who was an active trader, she is fascinated with the fast pace of trading in capital markets. She studied at Georgetown University in the US, Tongji University in China, as well as Mannheim Business School in Germany. Being fascinated by capital markets all her life, it comes as no surprise, that she joined Goldman Sachs in London, as well as Bloomberg in Reuters in London as well.
When she relocated to Germany, to study in Mannheim, she also set up a shop there with her hybrid Robo advisor for women.
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
On our platform there will be a lot of impact investing, so women can choose how they want to invest according to their values and needs.
Rukayyat Kolawole, Founder and CEO PaceUP Investment
The StartupPaceUp Investment (https://www.paceupinvest.com/) is a hybrid Robo advisor headquartered in Mannheim Germany. We have talked about Mannheim before, but a short wrap-up: It is the only city in Germany set up in squares. Mannheim is the first city in the world, where a car drove (Carl Benz lived close by https://en.wikipedia.org/wiki/Carl_Benz) and the place where the world’s first electric elevator was installed here in 1880 (Werner von Siemens).
Rakuyyat set up her company PaceUP here to help women build wealth with a hybrid approach, combining remote investment advice with a Robo advisor. PaceUp provides women the tools to understand the basics. Then they offer advisory and coaching, before investing with their Robo advisor.
Full service with LicensePacUp will be able to offer its full service only after regulatory approval. They are currently looking at Q4 2021 or Q1 2022 to go live.
PaceUp on Social MediaFacebook https://www.facebook.com/groups/2399668980113869Instagram https://www.instagram.com/paceupinvest/LinkedIn https://www.linkedin.com/groups/8788895/YouTube https://www.youtube.com/channel/UC3EIqAHmEF0dnPB-IAy6gPw
Venture Capital FundingPaceUp is currently funded by an angel investment in combination with a government grant of the state of Baden Wurttemberg. They will start their next fundraising soon, looking at 900k €.
When I got in a bank to get a mortgage to buy my first apartment, my bank advisor asked me “where is your husband”. … other women had similar experiences
Rukayyat Kolawole, Founder and CEO PaceUP Investment
Further Readings / Additional ResourcesCapital Markets: https://en.wikipedia.org/wi...
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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.
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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 https://buff.ly/3abVPMO
N26German regulator, stung by past failings, extends oversight of N26 - sources https://buff.ly/2Ymp88F German mobile bank N26 is thinking of making its first acquisition https://buff.ly/3ckRpVq
Trade Republic, Reddit and GameStopBerlin-based SolarisBank needed four years to get to 400k customers, but the next 600k came within half a year says their chief commercial officer Jörg Diewald, many of them have to be attributed to Trade Republic https://buff.ly/3oEKLMc Our take on this topic: https://www.startuprad.io/berlin/gamestop-reddit-and-fintech-trade-republic/ Note: There will be a follow-up on yet another blog post from our side, with hearings of Roaring Kitten and profits for hedge funds. We're nothing like Robinhood, says Berlin-based broker Trade Republic | Sifted https://buff.ly/3bAqNOq
iCarPorsche's Cayenne Bos...
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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:
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Iconic holding wants to be the largest Crypto Asset Manager in Europe
The idea for Iconic Funds came from investor demand, to invest in cryptocurrencies with more traditional vehicles.
Maximilian Lautenschläger, COO and Co-Founder Iconic Holding
The FounderMaximilian Lautenschläger (https://www.linkedin.com/in/maximilian-lautenschl%C3%A4ger/) grew up in the beautiful city of Heidelberg (https://en.wikipedia.org/wiki/Heidelberg). He stayed in the Rhein-Neckar Metropolitan Area (https://en.wikipedia.org/wiki/Rhine-Neckar) to study in Ludwigshafen and took every opportunity to study abroad. After university, he started out working in consulting and found his passion in alternative investments. He started as an analyst of private equity funds, moving to a venture developer position. Before joining Iconiq Lab, he has been a startup investor himself.
I am not the guy who said in 2014 Bitcoin is the thing.
Maximilian Lautenschläger, COO and Co-Founder Iconic Holding
The StartupIconic Holding is the parent company of Iconic Funds. Iconic Holding originally started out as Iconiq Lab, an accelerator for ICOs, based in Frankfurt. After the end of the ICO craze, they decided what to do next and so they evolved into a crypto asset manager and Blockchain VC. The new structure was renamed to Iconic Holding (no more q).
The crypto asset manager is called Iconic Funds (https://funds.iconicholding.com/invest/) and the blockchain venture capital arm is called Iconic Lab (https://lab.iconicholding.com/, https://www.crunchbase.com/organization/iconiq-lab).
You can find their blog on Medium here (https://iconicholding.medium.com/). Iconic Funds offers to accredit investors hedge funds, a fund domiciled in Malta and also exchange-traded notes, to get exposure to cryptocurrency.
There was this craze about a thing we have never heard before, an ICO.
Maximilian Lautenschläger, COO and Co-Founder Iconic Holding
Venture Capital FundingIconic Holding is currently preparing the series B round.
Bitcoin for me is digital gold
Maximilian Lautenschläger, COO and Co-Founder Iconic Holding
The Audio InterviewYou can subscribe to our podcasts here
Further Readings / Additional ResourcesUCITS https://www.investopedia.com/terms/u/ucits.asp
WM Daten is a financial service provider, a competitor of Bloomberg and S&P, amongst others, with a strong focus on the German-speaking area: https://www.wmdaten.de/index.php
Asset Manager https://en.wikipedia.org/wiki/List_of_asset_management_firms
Custodian https://www.investopedia.com/terms/c/custodian.asp
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:
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2nd UploadHey guys, we are very sorry, but we had some issues with our editing software. The first upload contained a problem and so we had the upload it a 2nd time. Really sorry!
Entrepreneur Tools Episode 2This 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.
Think in principles, it helps you with a lot of decisions.
Peter Hart, Serial Entrepreneur
The EntrepreneurYou may remember Peter (https://www.linkedin.com/in/peter-hart-94373435) from our interview about his latest startup call Pythia https://www.startuprad.io/blog/pythia-forecasts-the-next-trend-in-consumer-products/ (yes, his video interview drops a few links as well 😊). He is a successful serial entrepreneur for more than 8 years now having to build retail brands like Dr. Severin and now an AI startup called Pythia.
He likes to think very structured and shares some of the essentials from his journey to running several successful ventures.
If you ever want to do something, you can go through your CRM and look through your contacts … if you wrote down what you talked about last time the outreach will not really be a cold call.
Peter Hart, Serial Entrepreneur
Basic infrastructure tools (1 & 2)Get a Drive (Dropbox, Google Drive). Joe recommends you encrypt it with a tool like BoxcryptorCRM Tool to manage your contactsPipedrive (AL)
Everyone should build up their own principles that fit the company you want to build or the job you want to do
Peter Hart, Serial Entrepreneur
Develop your own principles, write them down and let them evolve. It also helps to explain the principles to other people. It is a learning process to shape your decision making
HiringRiskStrategyWork/Live BalanceThinking in principles helps you make decisions.
I highly recommend thinking about … what kind of a founder am I … and thus and what do I need to think about when I hire people. Not everyone can lead every person.
Peter Hart, Serial Entrepreneur
The idea is the whole company is following one broader path e.g., Facebook “move fast and break things”, which was later revised. Culture includes traditions e.g., coaching morning at Peters companie(s). It is a day they invest in their people.
Here is an example of an interview with the founders of Airbnb, when they talk about culture.
https://youtu.be/RfWgVWGEuGE
Further Reading (AL)The airbnb story (AL) https://amzn.to/3rBGI5aBlitzscaling (AL) https://amzn.to/36UdJSe
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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My Football Space Connects Fans with Clubs GloballyAfter almost 20 years in consulting … it was a good time to think about what I wanted to do in my life, what I have a passion for.
Alex Schlicher, Founder My Football Space
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+ .
I was not really looking for founding a company. The idea came to me since I am passionate about innovative technology, finance and sports.
Alex Schlicher, Founder My Football Space
The FounderIn this interview, we are talking to Alex Schlicher, a former management consultant, turned entrepreneur (https://www.linkedin.com/in/alex-schlicher-cfa-953660/). Alex started out with vocational training in retail banking, foreign exchange trader, and a management consultant in capital markets, where he worked for several consultancies. While he worked in FX trading (Foreign Exchange), he learned how derivatives are working and are structured. He is a born “Frankfurter Bub” (a native Frankfurt boy).
In his past, he was also in charge of building up the German business for a London-based consultancy.
After almost 20 years in consulting, he decided to do a re-set and spent some more time with his family.
Alex has been passionate about sports all his life and is a fan of Frankfurt-based Bundesliga Club Eintracht Frankfurt. Alex currently pursues an executive MBA at Frankfurt School for Management and Finance, in one of these classes the idea of My Football Space “hit him” as he said.
The initial trigger for setting up a company was really driven by technology, because I saw the potential of the technology.
Alex Schlicher, Founder My Football Space
The Startup
Alex founded the sports tech startup My Football Space (https://myfs.de/). He got the idea for his startup while one of his professors talked about everything of value is on the Blockchain in the future. So it instantly struck him this may include football in one way or another. Initially, they thought about investing in football players, but changed this amazingly fast, since it was too much like an investment.
They do not want to change the memberships of the sports clubs, as they are popular for example in Germany with Bundesliga. This is not available to many people all over the world, this is what they want to change.
This is something everybody shares, the passion, the emotion for the sport. It is a very global thing. There is no difference between a fan in Australia, Asia, the US, or Europe.
Alex Schlicher, Founder My Football Space
The Bundesliga Club Bayern München has globally more than 100 million fans, according to Alex. On the other side of those fans there is only a fraction really a member of the sports club (300.000). The app also helps the club to understand its digital fans and give them matching offers.
My Football Space AppTheir app for membership for fans will be available in app stores like Google or Apple towards End of 2021.
Venture Capital FundingThe company already closed two financing rounds, one by business angels and one by the management team. Currently, they are looking to close the next funding round in 2021 Q2 or Q3.
Blockchain is really stepping out of its baby shoes. The maturity level is really reaching a tipping point where mass adoption in a lot of industries is about to start.
Alex Schlicher, Founder My Football Space
Further Readings / Additional Resources
Bundesliga https://en.wikipedia.org/wiki/Bundesliga
Eintracht Frankfurt https://en.wikipedia.org/wiki/Eintracht_Frankfu...
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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
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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:
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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 grant their physician access https://buff.ly/3hHb3M4Berlin remains the capital of German Venture Capital in 2020. EY tracked 314 financing rounds, out of a total of 743 they found. according to their data, VC funding declined in #Germany in 2020 by 15% to 5.3 bn Euros (6.45 bn US$) https://buff.ly/3oMxaDEIn the most recent fintech ranking #Frankfurt is losing position No 3 to Hamburg and now only scores at No 4 https://buff.ly/3o5IeKU
Hubs Note: The order of news and cities is only due to the time when we discovered the news.
FrankfurtFrankfurt-based provider of high performance computing Northern Data ...
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[A Ping-Pong table, a PlayStation or a table football] don’t help that much if the [corporate culture] is broken.
Christopher Oster, CEO and Co-Founder Clark
In this interview we are talking to a previous guest. Christopher Oster is the CEO and co-founder of Frankfurt-based insurtech clark. In the past we talk to him about the appearance of Clark on Bloomberg’s list of startups to watch, back in 2017. Now they raised an 85 m US$ series C venture capital round, with noteworthy investor Tencent from China. We talk to him about the funding, the way to the funding and their plans.
Insurance has still not really penetrated by technology … you have unhappy customers … this is a great opportunity for a founder.
Christopher Oster, CEO and Co-Founder Clark
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
In 2015 there was almost no funding for insurtech startups, it all started in 2016
Christopher Oster, CEO and Co-Founder Clark
The FounderIn this interview we are talking to Christopher (https://www.linkedin.com/in/dr-christopher-oster-3158802/) the CEO and co-founder of Frankfurt-based insurtech clark. In the past we talk to him about the appearance of Clark on Bloombergs list of startups to watch, back in 2017.
You have a paper folder with your insurance policies, but nobody checks if the insurance policies still matches your life.
Christopher Oster, CEO and Co-Founder Clark
The Startup
The startup was built by a group of four friends, who to together, since they could not find the help they wanted with their insurance needs. The whole founding team is still on board, more than 5 years after the company was set up Crunchbase (https://www.crunchbase.com/organization/clark-2), company website (https://www.clark.de/).
An average German has six insurance policies with 4 different insurance carriers.
Christopher Oster, CEO and Co-Founder Clark
The Interview from 2017
The whole blog post is here: https://www.startuprad.io/interviews/clark-de-startup-germany-bloombergs-list-50-promising-startups/
Or just tune in to the interview here:
https://open.spotify.com/episode/3xryTBqaxncpSrnXO3L3QQ?si=2qC09ZDDTJ6XnewH7_LMvg
For our series a, we talked to 300 VCs or so. There was a lot of uncertainty and many other companies started as well.
Christopher Oster, CEO and Co-Founder Clark
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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:
Follow us on Social MediaInstagram https://www.instagram.com/startuprad.io/
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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+.
The FounderIn this interview, we talk to Friedrich von Jagow (https://www.linkedin.com/in/friedrich-von-jagow-9778bbb8/), a lawyer by training. He also holds a degree (LL.M.) in Law & Economics, since he was always interested in economics. During his training as a lawyer, he also chooses a station at the German Chamber of Commerce in Shanghai, China. After his final examination, he started with Wirecard but then left to set up his own company. This company turned out to be Commnex, the idea which he has developed with a friend and a professor over a glass of wine.
The StartupThe Munich-based FinTech CommneX (https://www.commnex.de/, https://www.crunchbase.com/organization/commnex-gmbh) established the digital platform as an online-marketplace for the Public Finance market. Public entities such as municipalities, cities, districts, or enterprises such as utility works or public transport may tender their financial needs on CommneX. Banks and other financial partners submit offers and the best match is found. CommneX provides an all-in-one platform for all financial needs from loans and credits to fund deposits of any size and term, saving products, and public subsidy programs.
Commnex on Social MediaLinkedIn
The Audio Interview is set to go live at the same timeThe 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
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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:
Follow us on Social MediaInstagram https://www.instagram.com/startuprad.io/
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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 startups had a SaaS business model68.8% of all startups focus on B2B, 26.5% on B2C, and 4.7% on B2G (Business to Government)The most important funding sources are the founder's own savings (used by 78.4%), government programs (used by 44.3%), and business angels (used by 31.6%). Actually...
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Meet epap.app, they want to re-invent receipts
In Europe you can pay with your phone or your watch, but you will still get a paper receipt.
Jannis Dust, CMO and Co-Founder epap.app
The FounderJannis (https://www.linkedin.com/in/jannisdust/, https://twitter.com/jannisdust, ) is in his early 20s, but already the co-founder of Hannover, Germany based fintech Epap (https://epap.app/). Originally Jannis was working on a freelance basis for eCommerce startups, but in 2018 he met his co-founders during a startup event.
In Germany the tax code demands to print a receipt for every transaction. This leads to a lot of waste.
Jannis Dust, CMO and Co-Founder epap.app
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
With the app you could also track your spending. It is a companion of your spending. … with the app you get an evaluation on your spending.
Jannis Dust, CMO and Co-Founder epap.app
The StartupThe startup is young, it was registered in the Hannover Commercial Registry in April 2020. None-the-less epap.app (https://epap.app/) wants to digitize recipes. In Germany, the tax regulations were changed at the start of 2020. This is called “the obligation to print receipts”. So for each transaction in a store or shop, the merchant needs to provide a receipt, mostly paper-based. This leads to a lot of waste and searching if one needs to find an important receipt in order to claim the warranty. Here the digitalization of epap comes in, since one has all receipts (digital and scans of paper-based ones) in one place, even with little reminders for warranties.
The Epap AppYou can download the epap app in the Apple and Google Stores here: Google Play and App Store
With the app you can also claim the warranty, where you can use epap … we make it easier. You get little reminders for your warranty.
Jannis Dust, CMO and Co-Founder epap.app
Venture Capital FundingEpap is looking to expand to German-speaking Europe and willing to try other European countries if the opportunity presents itself.
They had their first seed investment round in April 2020 and are planning to raise the next financing round in the first half of 2021, but it will be an extended seed round, they do not plan to scale that fast.
Currently, the team is eight people strong.
Our goal is to provide you with a very comprehensive and granular analysis of your expenses. In a normal finance apps, you see the category. In our app the analysis is based on the digital receipt.
Jannis Dust, CMO and Co-Founder epap.app
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:
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Meet Berlin-based Fintech Bitbond, the Company Behind Germany's First Regulated Security Token Offering
In spring 2019 we issued our tokenized bond and with that, we established tokenized securities in Germany.
Radoslav Albrecht, Founder and CEO of Bitbond
Media PartnershipThis podcast is in media partnership with the Crypto Assets Conference, an event taking place each year in spring and autumn in Frankfurt, organized by the Frankfurt School of Finance and Management and their Blockchain Center.
You can learn more about the conference here: https://www.crypto-assets-conference.de/
You can learn more about Philipp Sandner, head of the Blockchain Center in our interview with him here: https://www.startuprad.io/blog/the-german-bill-to-permit-crypto-securities/
What we are most interested in is to speak to companies, who are interested in tokenization. … to partner up with Bitbond to enhance their tokenization capabilities
Radoslav Albrecht, Founder and CEO of Bitbond
The InterviewFind all the links, show notes, and the automated transcript here on our blog post: https://www.startuprad.io/blog/podcast-meet-berlin-based-fintech-bitbond-the-company-behind-germanys-first-regulated-security-token-offering/
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DueDash wants to help startups become investable and network with potential investors[Startup] Investment is not an event, it is a process
Parul Madan, Co-Founder DueDash
The FounderIn this interview we talk to the investor and founder Parul Madan (https://www.linkedin.com/in/parulmadan/), who is the co-founder of the entrepreneur network DueDash (https://community.duedash.com/). Parul can look back at more than 11 years as an employee in well-known companies (Ericson, Unitymedia (now part of Vodafone Germany)). The jobs brought her from India to Germany and the US. After some time in India, she came back to Germany with her family and set up shop in Cologne, Germany.
She helped to start the founder institute in Cologne Germany as a Director of the chapter, as well as a mentor https://fi.co/apply/cologne
We try to help with the information asymmetry between startups and investors
Parul Madan, Co-Founder DueDash
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 here: https://buff.ly/2R90PYp
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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 StartupDueDash is a social network, which aims to solve the information asymmetry between startups and investors when investing in early-stage companies. The idea came from the personal background of the founders, being active as a business angel.
The actual product of DueDash is not available yet, the team is looking at Q1 2021 to launch it. Therefore they flipped their go to market strategy and first launched the social network part of their idea.
One of our goals is that the investment should reach the people who deserve it
Parul Madan, Co-Founder DueDash
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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:
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The Fintech Review is one of the annual traditions of Joe, established in 2014. Ever since shortly before Christmas we get together with Fintech entrepreneurs, event organizers, and thought leaders to look back at the year and forward to the new one in our fintech review. You can find the ones in English here on YouTube:
https://www.youtube.com/playlist?list=PLUbiCAQc22WsxyePUkzBI-LKh1y4yy0sq
In this Fintech Review, we talk to
Paolo Sironi, Fintech Thought Leader, Author (https://www.linkedin.com/in/thepsironi/)
Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/)
Luka Ivicev, Fintech Entrepreneur, Forbes 30 under 30 (linkedin.com/in/luka-ivicevic/)
Paolos Top 3 News
Ant Financial IPO
https://www.npr.org/2020/11/03/930799521/regulators-squash-giant-ant-ipo?t=1607260457756
Google Pay Relaunch https://arstechnica.com/gadgets/2020/11/google-pay-relaunch-transforms-it-into-a-full-fledged-financial-service/#:~:text=Google%20today%20announced%20a%20major,Pay%2C%20and%20even%20some%20banks.
Singapore allows fully digital bank license
https://www.straitstimes.com/business/banking/mas-awards-digital-full-bank-licences-to-grab-singtel-and-sea-ant-gets-digital
3b
Starling digital bank posts first profit
https://www.financemagnates.com/fintech/news/starling-becomes-first-digital-bank-to-post-profits/#:~:text=UK%2Dbased%20Starling%20Bank%20has,million%20on%20an%20annualized%20basis.
Paolo's 2020 impact
Digitalization increases, evaluations declining
Franks Top 3 News
Cash is still increasing ⇒ Cash in circulation in Germany increasing ⇒ Virtual ATM Songmic
Pandemic ⇒ All becomes digital
Moving from CrowdFunding ⇒ Government Help for Startups: Capilendo
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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, 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 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/
Find all options to subscribe here:
💢 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/
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The BISON App Allows Uncomplicated and Reliable Trading of Cryptocurrencies on the Smartphone
We were the first to provide crypto buying and selling from an in Germany licensed institution.
Ulli Spankowski, CDO Börse Stuttgart
Media Partnership
This podcast is in media partnership with the Crypto Assets Conference, an event taking place each year in spring and autumn in Frankfurt, organized by the Frankfurt School of Finance and Management and their Blockchain Center.
You can learn more about the conference here: https://www.crypto-assets-conference.de/
You can learn more about Philipp Sandner, head of the Blockchain Center in our interview with him here:
https://www.startuprad.io/blog/the-german-bill-to-permit-crypto-securities/
The Chief Digital Officer
This time we talk to Ulli Spankowski (https://de.linkedin.com/in/ulli-spankowski-08652916, https://twitter.com/uspankowski?lang=en, https://www.crunchbase.com/person/ulli-spankowski ) a fintech and blockchain entrepreneur, who sold his company to the Stuttgart Stock Exchange, which than promoted him to be the CDO (Chief Digital Officer). He is an economist by training, who did his PhD in market microstructure. He co-founded his fintech startup with co-founders from Slovenia.
We met with the CIO of Börse Stuttgart - back then - and discussed what can be done with financial markets in the future, if you completely rethink it, based on blockchain technology.
Ulli Spankowski, CDO Börse Stuttgart
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Bitcoin was much bigger in Slovenia. When my co-founder told me to do something in bitcoin, I said … Bit-What?
Ulli Spankowski, CDO Börse Stuttgart
The Startup
Back in 2013, Ulli founded his startup Sowa Labs together with co-founders from Slovenia, which he met during an EU funded project during his Ph.D. Thesis. The idea of aggregating data from across the web and social media on cryptocurrencies evolved into cryptocurrency trading. They then sold the startup to the Stuttgart Stock Exchange in 2017 and developed what has become their BISON app: https://bisonapp.com/en/ (App Store, Google Play Store). This was not a bad move, since Börse Stuttgart is the market leader in Europe as a trading venue for retail structured products and one of the 10 largest stock exchanges in Europe.
We started out with cryptocurrencies, but we are planning to move gradually into security tokens.
Ulli Spankowski, CDO Börse Stuttgart
When I was attending conferences [at the beginning of cryptocurrencies] I always said “The biggest problem of cryptocurrencies is that no one cares about them”
Ulli Spankowski, CDO Börse Stuttgart
Further Readings / Additional Resources
Market Microstructure: https://en.wikipedia.org/wiki/Market_microstructure
Börse Stuttgart: https://www.boerse-stuttgart.de/en/
Multilateral trading facility: https://en.wikipedia.org/wiki/Multilateral_trading_facility
Euwax (The market for retail structured products, not related to BISON, but we talk about it as an offering of Börse Stuttgart): https://www.boerse-stuttgart.de/en/investing/euwax-segment/
OTC Trading: https://www.investopedia.com/terms/o/otc.asp
AML: https://www.investopedia.com/terms/a/aml.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 Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:
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Amazing Blocks can tokenize Any Asset LegallyMedia PartnershipThis podcast is in media partnership with crypto assets conference, an event taking place each year in spring and autumn in Frankfurt, organized by the Frankfurt School of Finance and Management and their Blockchain Center.
You can learn more about the conference here: https://www.crypto-assets-conference.de/
You can learn more about Philipp Sandner, head of the Blockchain Center in our interview with him here: https://www.startuprad.io/blog/the-german-bill-to-permit-crypto-securities/
The asset can be located anywhere, as long as it is legally owned by the SPV.
Nicolas Weber, Amazing Blocks
The Interview PartnerWe talk to Nicolas Weber (https://www.linkedin.com/in/nicolas97weber/), in charge of business development Germany for Amazing Blocks (https://my.amazingblocks.io/).
Blockchain has the ability to disrupt every aspect of business.
Nicolas Weber, Amazing Blocks
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 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 Liechtenstein implemented the Token Act as a complete new law, other than for examples Switzerland, which is currently looking at adding to existing laws.
Nicolas Weber, Amazing Blocks
Find all the links and show notes on our blog here: https://www.startuprad.io/blog/amazing-blocks-can-tokenize-any-asset-legally/
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Sciflow helps you to write the best possible research paperMicrosoft Word was never meant to write scientific papers in it
Carsten Borchert, Co-Founder Sciflow
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.
Contentshift Winner 2020The 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.
There is no software without an error. You just need to find them
Carsten Borchert, Co-Founder Sciflow
The FounderWe are talking to Carsten Borchert (https://www.linkedin.com/in/carstenborchert/), co-founder of the Berlin-based startup Sciflow (https://www.sciflow.net/en/). His life took him from an internship in South Africa through positions in well-known companies like Bertelsmann or Oracle. He learned how to sell software, which comes in handy right now. Carsten also holds a position in the alumni startup association of FU Berlin, where he helps startups founded by current or former FU Berlin students.
I was a software quality engineer and basically my job was to crash software. … That was a lot of fun
Carsten Borchert, Co-Founder Sciflow
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Blog Post with all Linkshttps://www.startuprad.io/blog/sciflow-helps-you-to-write-the-best-possible-research-paper/
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Learn from Maria – Investor in several of Germany’s renowned startupsNormally you want to invest in people who you already know.
Maria Pennanen, Startup Investor
The EnablerThis interview is part of our series of startups and investors in the startup scene in the state of Hessen. The whole series is sponsored by Hessen Trade and Invest, you can learn more about our enabler here: www.invest-in-hessen.com
Startup investment is a very risky business
Maria Pennanen, Startup Investor
The InvestorIn this interview we talk to Maria Pennanen, she is known to our established audience as co-founder of Accelerator Frankfurt, but she is also a Business Angel with more than 10 direct investments. Directly and indirectly, she is or was invested in many renowned startups like Solarisbank, Clark, Bankify, Savedo or Finance Ads.
You can learn more about Maria here:
Twitter: https://twitter.com/pennanenmariaLinkedIn: https://www.linkedin.com/in/mariapennanen/Accelerator Frankfurt: https://www.acceleratorfrankfurt.com/Mindclip: https://www.mindclip.com/
The best thing to start is joining a business angel organization
Maria Pennanen, Startup Investor
The AuthorMaria is also the author of the book “how to f*ck up your startup” in which she helps entrepreneurs to learn from failures. You can find the eBook here https://amzn.to/3oa2Stw
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 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/3cjMMYnIt is very rare that you invest in an idea from people you just met, especially in seed.
Maria Pennanen, Startup Investor
Find all information and an automated transcript here:
https://www.startuprad.io/blog/learn-from-maria-investor-in-several-of-germanys-renowned-startups/
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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/
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(+)plural makes Children Books for Blind and Visually Impaired Children AffordableBlind and visually impaired children learn Braille [writing for blind] only in school, so we had to re-think children books for blind and visually impaired
Christina Oskui, Co-Founder PlusPlural
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.
Three things remain with us from paradise: stars, flowers, and children.
Dante Alighieri
The FounderThis time we speak to the co-founder of (+)plural (spoken plus plural http://www.plusplural.de/) Christina Oskui (https://www.linkedin.com/in/christina-oskui-825b8615a/, https://www.contentshift.de/en/accelerator/participants-2020/christina-oskui/). Christina wrote her first children’s book about an hedgehog, who lost his spikes, finance with a crowdfunding campaign on StartNext (https://www.startnext.com/en/kinderbuch-igel). During the writing she also designed plush figures to go along with the book (owl, rabbit, duck), but she could not find any publisher who wanted to publish the books together with the stuffed animals.
During this time she also realized that books for blind and visually impaired children are extremely expensive, due to the high amount of manual labor going into each book. Also, books catering to sighted and blind children at the same time are not available. So she aims with her social startup (+)plural and modern production techniques to change that and make affordable books for all children.
There have been no books that blind and non-blind people can read at the same time.
Christina Oskui, Co-Founder PlusPlural
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
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A child can teach an adult three things: to be happy for no reason, to always be busy with something, and to know how to demand with all his might that which he desires.
Paulo Coelho
The StartupBlind children learn Braille writing only in school, so many children have a very small choice of books they can enjoy. The high price comes from a large amount of manual labor going into these books (gluing, stitching, stapling of different textures, textiles, and pieces to the book). A friend of hers has a blind child who only likes part of one of its books. (+)plural (http://www.plusplural.de/) combines 3d printing, modern manufacturing, and picture books to make affordable picture books for blind and sighted children. The books include stuffed animals, as well as 3d printed parts.
(+)plural is a social enterprise.
Venture Capital Funding(+)plural is at a very early stage, but they are open to talk to external investors. They are also looking for partners for sale and distribution for their books.
My first book was about a hedgehog who lost is spikes and I designed a stuffed animal, which went along with the story
Christina Oskui, Co-Founder PlusPlural
Further Readings / Additional RessourcesBraille https://www.merriam-webster.com/dictionary/braille
Zentralbibliothek für Blinde https://en.wikipedia.org/wiki/German_Central_Library_for...
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Where to set up Shop in Canada
You can get anything here you can in Silicon Valley and all over the US.
Ishu Sing, Host “Starting to know business”
Media Exchange
This is the first media exchange we are doing. We talk with Ishu Sing (Website, LinkedIn), founder of the Toronto based podcast Starting to Know Business (iTunes, Listen Notes). We thought it would be great to look at the respective countries. So, in this audio-only cooperation, we will talk about where to look if you want to evaluate entering Canada, as a startup based abroad.
In his part of the cooperation, we will talk about the diversity of Germany and that there is no default choice for setting up shop in the country as well.
Strong and interesting startups are all over Canada.
Ishu Sing, Host “Starting to know business”
Canada
Canada is a G7 nation and should be on the list for international expansion for every aspiring startup. For some, it could be the first choice in North America. https://www.canada.ca/en.html
Affiliate 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
In Canada we have 3.5 million entrepreneurs.
Ishu Sing, Host “Starting to know business”
Startup Hubs in Canada
I feel that right now the startups in Toronto are developing a bit faster than Vancouver … Toronto is growing very very strong.
Ishu Sing, Host “Starting to know business”
Toronto
We start with the largest city by population and the home town of Ishu, Toronto (https://www.toronto.ca/). Much of the startup activity is here concentrated in the so-called MaRs Discovery District. MaRs was originally founded in 2000 to commercialize public-funded research with local companies. You can learn more here: https://www.marsdd.com/
Montreal is coming up with lots of strong tech startups as well.
Ishu Sing, Host “Starting to know business”
Montreal
The second-largest city in Canada, also close to the US border. This city is home to the French-speaking population of Canada, French Canadians. A knowledge of French is not required, but helpful. You can learn more about the startup scene in the city here: https://www.bonjourstartupmtl.ca/en/ as well as find some examples of Montreal based startups here: https://builtinmtl.com/.
Vancouver
Vancouver is located on the pacific coast of Canada. They have been one of the first tech hubs in Canada. They are also close to Seattle, with the headquarters of Amazon and Microsoft. You can learn more about the local startup scene on the Vancouver based blog https://techcouver.com/
Calgary
A few people may remember Calgary from the Olympic Winter Games in 2010. If not, it is located to the north of the population centers in Canada, in the Rocky Mountains. Note that the city is even for Canada a bit on the chilly side. The focus of the city is mostly on energy like fossil f...
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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
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: https://www.startuprad.io/blog/podcast-artificial-connect-uses-ai-to-generate-automated-local-event-announcements/
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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
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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/
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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/
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Questlog mastered individualized mass productionMedia 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.
I did Erasmus for Entrepreneurs and already had the business plan for Questlog in my suitcase.
Frederic Geiger, Founder and CEO Questlog
The FounderFrederic Geiger (https://www.linkedin.com/in/frederic-geiger-0a951b89/ ) is the founder and CEO of Questlog (https://questlog.eu/?lang=en), one of the finalists in the 2020 batch of the CONTENTshif accelerator program (https://www.contentshift.de/en/accelerator/programme/for-startups/). Frederic set up Questlog, after graduating with a master's degree from Technical University Munich, which also took him to Taiwan (https://www.ntu.edu.tw/) and UC Berkley (https://www.berkeley.edu/).
Originally Frederic studied management technology, with a focus on entrepreneurship. The EU program Erasmus for Young Entrepreneurs (https://www.erasmus-entrepreneurs.eu/) took him to Sweden.
Many people collect small things on their travels. They see it as really precious things. … My idea was to combine these two things.
Frederic Geiger, Founder and CEO Questlog
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
Right from the beginning I put a form on my website saying “You did not find what you are looking for, send me a message here” … I block out two hours a week, where I do the designs for all the new requests.
Frederic Geiger, Founder and CEO Questlog
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
Bookshops are really the place to go for inspiration for a thoughtful present.
Frederic Geiger, Founder and CEO Questlog
The StartupQuestlog is a wooden box, with the shape of a country on the outside (https://questlog.eu/). You can keep all the memories from a trip inside like entrance tickets, little collectibles and so on. You can also hang the wooden boxes on the wall and display them. Every time you take them in your hand again you associate memories with the items. The box is also a great place to keep memories.
The startup also runs individualized mass production. The wooden box is always the same and the map is printed on it at the client request. The startup also keeps a small stack of frequent tourist destinations on their inventory. All other boxes are stored without a map.
My dream would be a configurator on my website, where the customers could design their product and get it shipped to them.
Frederic Geiger, Founder and CEO Questlog
Future plansThe company is currently only selling in Germany and is looking for a partner to expand. In the next step, you can also contribute digital content to the box, whi...
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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
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The customer can ask almost any question and find the answer in our data.
Benjamin Federmann, CEO and Co-Founder doks.innovation
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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 / Additional ResourcesLearn more about Kassel here: https://www.tripadvisor.com/Tourism-g187342-Kassel_Hesse-Vacations.html
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:
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Emporion Innovations helps startups and corporates with anonymized testing of product ideas Many startups want to solve a whole array of problems with their product, but in the start, they are just solving a small aspect.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
The FounderAlexander Kuchta is the co-founder and CEO of Emporion Innovations (https://www.linkedin.com/in/alexander-kuchta/), a small boutique agency in the Rhine-Main area (https://emporion.technology/). Alex is an economist by training, who started first with the idea of an online flee market like craigslist. This did not work, but he started working with his co-founder.
Instead of going with their MVP to an investor, they instead decided to set up a digital agency, what they now call a digital product studio.
If you realize, what you do does not work, either iterate – or try something else. Maybe you learned something along the way to solve another product.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
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Never never build a product without testing if you have a problem worth solving.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
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The most crucial part of your business model is your demand. If there is no demand, your business is worth nothing.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
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Creating a web agency on a green field is a super super bad idea.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
The Web AgencyThe team behind Emporion Ventures originally came together to set up something similar to Craigslist, a retail market place. They then decided to turn into a web agency, primarily designing UX and graphics for websites and apps. This turned over time into what they call Emporion Innovation, where they help to launch, build, and accelerate new startups and corporate startups. They focus on the product during all of the phases and help with the complete design and development of digital products. You can learn more about them here: https://emporion.technology/
Marketing personas can be done in a good way, but also in a very bad way. The good way is to understand what you are using them for.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
The Video Interview is set to go live on October 12th, 15.00 CET (Frankfurt/Milano/Zürich) - This is our Columbus Day special
https://youtu.be/aQF4_XBlxjU
Fail early, fail fast and fail very hard. This is what we have learned. Do not waste time on something that will not work.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
The Audio InterviewThe Audio Podcast will be published at the same time and be posted here, after release. Subscribe to our podcasts here
Your idea is worth nothing. Ideas have no value, execution has.
Alexander Kuchta, CEO and Co-Founder Emporion Innovation
Further Readings / Additional Resources
Ebay Kleinanzeigen: https://www.crunchbase.com/organization/ebay-kleinanzeigen
Marketing Persona: https://blog.hubspot.com/marketing/buyer-persona-definition-under-100-sr
Even if you go out [with your product] you come to the point where you realize: What I thought would work, does not work and you want to notice this early.
Alexander Kuchta, CEO and Co-Foun...
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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
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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: https://en.wikipedia.org/wiki/Category:National_parks_of_UgandaDuring the interview, we talk about ETH Zurich. Albert Einstein or John von Neumann studied there. https://en.wikipedia.org/wiki/ETH_Zurich
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
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SleevesUp! Sees a bright future as coworking space in tier 2 and tier 3 citiesWe came up with the brand name SleevesUp!, since it is for the people who roll up their sleeves and start doing.
Sebastian Schmidt, CEO and Co-Founder SleevesUp!
The FounderIn this interview we are talking to Sebastian Schmidt (https://www.linkedin.com/in/busysebastian/), CEO and founder of the Frankfurt-based coworking chain SLEEVESUP! (https://www.sleevesup.de/). In our interview we talk about how his startup lead him to found a new chain of co-working spaces in a city, where international giants like WeWork, Mindspace, Tribes and Regus just started their expansion.
What we want to do is going to the tier two and tier three cities, because you also do have a demand. … you have the self-employed guy and girl everywhere.
Sebastian Schmidt, CEO and Co-Founder SleevesUp!
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
We don’t have the large cost space e.g. having a barista, so we can make a small co-working space profitable.
Sebastian Schmidt, CEO and Co-Founder SleevesUp!
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We did a bit of research, there are less and more attractive tier two cities, and there are 80 to 100 cities all over Germany.
Sebastian Schmidt, CEO and Co-Founder SleevesUp!
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The StartupSebastian founded SleevesUp! in Frankfurt. He stuck with entrepreneurship after a failed startup, where he and his co-founders rented out desks in their oversized office. Hi strategy is to go to the outskirts of smaller cities, where you also find freelancers and small businesses. His clients don’t life in the city center, so they appreciate the shorter commute to the outskirts. They don’t need the very representative office space, some international brands offer. He sees a large demand for his type of coworking and they already expended to cities like Aachen and Hannover.
Venture Capital FundingSleevesUp! Is bootstrapped with classic bank financing for most of their spaces. They also have friends and family funding, but their investment case is not too far away from a classic real estate investment case. If you would like to know more, reach out to us and we will connect you.
During corona, the large wave of cancellations from our clients luckily did not take place.
Sebastian Schmidt, CEO and Co-Founder SleevesUp!
The Video Interview is set to go live on October 1st 2020, 19.00 CET (Frankfurt/Paris/Zürich/Milan)
https://youtu.be/VJn-xin6RFs
The Audio Interview is set to go live at the same timeThe Audio Podcast will be published at the same time. Subscribe to our podcasts here
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 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.
You can now join us on the entrepreneur network DueDash: https://buff.ly/2R90PYp with 5 Euros a month you support our work! Thank you!
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/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 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 https://buff.ly/3hvG30vWirecard liabilities exceeding the assets by 2.8 bn Euro, only a few of the companies within the group had revenues at all says an expert assessment obtained by German media https://buff.ly/2EzLhKv Berlin-based Finleap snapped up some employees there:
Finleap starts a new unit Finleap Forward, with former Wirecard employees to help banks, insurers and SMEs with their digital transformation https://buff.ly/2QsWkra
More details emerged: Finleap hired a team of six employees of the Wirecard Innovation Labs to help banks, insurance companies, and SMEs with their digital transformation https://buff.ly/3hza2EYBerlin-based big data startup SO1 was bought shortly before the accounting scandal, now the founders bought assets back https://buff.ly/32JMcl0 More than 100 potential bidders lined up to acquire parts of #Wirecard, Germany’s erstwhile fintech darling” https://buff.ly/3g5kbsa...
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Cyreen provides consumer brands with brick and mortar analyticsWe 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.
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/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANOTech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJ
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
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
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Even though I have not been to Wiesbaden before, I fell in love with the city instantly. Mainz is not too far away and the wine is great.
Davide Scheidegger, Co-Founder Cyreen
The Video Interview is set to go live on September 17th 19.00 CET (Frankfurt / Zürich)https://youtu.be/iN0RgBpMYg8
The Audio Interview will go live at the same timeSubscribe to our podcasts here
Further Readings / Additional Ressources
Bahncard 100 https://w...
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This is it, Episode 200.
Honestly, I was a bit clueless about what you guys may want to know about us, so I went for the obvious choice: We have three short conversations with past and current contributors to Startuprad.io.
We came a long way from our first English interviews, with 100 downloads. Today we scored in the podcast charts of 39 countries, with more than a quarter-million subscribers. We are excited to see what the next 200 will bring ...
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Follow-Up with the Bloomberg of Crypto – CoinAnalystAfter the interview in 2018, we entered the crypto winter.
Pascal Lauria, CEO and Co-Founder CoinAnalyst
The FounderThis interview is a follow-up to our interview in July 2018. At this time we talked with Pascal about the upcoming ICO of CoinAnalyst. Pascal Lauria (https://www.linkedin.com/in/pascallauria/) is the CEO and Co-Founder of CoinAnalyst (https://coinanalyst.tech/en/insights/), the Frankfurt-based startup still wants to be the “Bloomberg for Crypto.”
The last few years for Crypto has been extremely hard.
Pascal Lauria, CEO and Co-Founder CoinAnalyst
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
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During the Crypto Winter, no one wanted to talk or hear about Crypto. … I was advised to reflect that in my pitch deck.
Pascal Lauria, CEO and Co-Founder CoinAnalyst
The Startup CoinAnalyst (https://coinanalyst.tech/en/insights/), the Frankfurt-based startup still wants to be the “Bloomberg for Crypto.” They are themselves a spin-off of Frankfurt-based startup Cogia (https://www.cogia.de/de/), which was also founded by Pascal, where he is still the CEO. CoinAnalyst claims to have created a unique tool that helps crypto investors make more accurate predictions while trading. On their platform, they show Trends, Sentiment, Influencer talk about Crypto Currencies, Word Signals, Forecasts, and AI filtered high impact news.
This all together is applicable to crypto coins, stocks and forex. They also have the COY token (https://www.coingecko.com/en/coins/coinanalyst), which they issued during the ICO in 2018.
Disclaimer on Coins and TokensPlease seek professional advice, before jumping into the risky crypto space. You may want to talk to your investment advisor, as well as your tax advisor. The investments in crypto-assets are always very risky and could lead to a loss of all of your investments in a very short time. Please make your research and due diligence! This podcast provides no investment advice.
Initial Exchange OfferingAt the time of publication, the COY token will have made its debut on a new crypto exchange, called an IEO (https://en.wikipedia.org/wiki/Initial_exchange_offering) at LaToken Exchange (https://latoken.com/).
Additionally, they are going to “burn” one billion COYs from the hard cap (https://academy.binance.com/glossary/hard-cap). In Equities, this would be called a “reverse split” (https://www.investopedia.com/terms/r/reversesplit.asp) two for one.
Pascals and Joe's advice - MediationJust put on your headphones and listen to a guided meditation to get you relaxed and sleep better and deeper.
For example here is one channel Joe likes: https://www.youtube.com/channel/UC4jWo5kiyOCt4PnvF4jbaLg
The Video Interview is set to go live on September 14th 2020 19.00 CET (Frankfurt/Zürich)https://youtu.be/yynVxYW6e0M
The Audio Interview will go live at the same timeThe Audio Podcast will be published next week. Subscribe to our podcasts here
Interview form 2018You can find the interview, announcing their ICO, here
https://youtu.be/hU1hCM90xdc
According to Pascal they raised more than one million Euros in cash and did a lot of swaps (meaning the exchange of COY tokens for other tokens). None the less, they did not raise as much money as they ...
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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 working for private companies, but also for the public sector like investigative committees of the German Federal Government and other high-profile bodies.
Their tools can also be used in knowledge management, so e.g. contracts can be shared in large law firms without violating data protection.
“We automatically redact contracts for M&A transactions”
Ramin Karbalaie, CEO and Founder NAIX Technology
The Video Interview is set to go live on...
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The German Bill to Permit Crypto SecuritiesIn terms of large countries, Germany is a fast mover in blockchain legislation
Philipp Sandner, Blockchain Expert
Labor Day SpecialSince the USA are one of our biggest markets we publish some specials on federal holidays. This is one of those occasions. Despite this we stick to our publication of Video on Thursday and podcast the following night, so you all have the content on your devices the next morning.
Our GuestCurrently, there is a piece of legislation in the law-making process, to permit securities issued on the blockchain in Germany. Due to this step, we talk to Philipp Sandner (https://www.linkedin.com/in/philippsandner/), a blockchain expert, Professor of Frankfurt School of Management and Finance, Head of the Frankfurt School Blockchain Center, Member Fintech Council (FinTechRat) of the German Federal Ministry of Finance, and member of several expert groups on the blockchain.
The Bill to become Germany's Crypto Securities LawWe are talking about a bill to revolutionize the German capital market since you could move existing securities on the blockchain, as well as emit securities completely without "paper" on the blockchain. The new system is designed so that also startups also could run blockchains for crypto securities.
You can find the proposed bill in German here: https://www.bundesfinanzministerium.de/Content/DE/Gesetzestexte/Gesetze_Gesetzesvorhaben/Abteilungen/Abteilung_VII/19_Legislaturperiode/2020-08-11-einfuehrung-elektronische-wertpapiere/0-Gesetz.html
The US is lagging behind in terms of legislation, but they have some great startups in terms of crypto trading and crypto securities.
Philipp Sandner, Blockchain Expert
The Video interview will go live on Labor Day 2020 (September 7th) at 19.00 CEThttps://youtu.be/uPaea39mDig
The Audio Interview is set to go live on the same daySubscribe to our podcast(s) here
Current SituationDuring our interview, Philipp refers to an already existing law in Germany, for which you can find an article here on the website of the German finance oversight body BaFin.
The small country of LiechtensteinLiechtenstein, a country of fewer than 50.000 people (https://en.wikipedia.org/wiki/Liechtenstein), nestled in the Alps between Austria and Switzerland. The whole country of Liechtenstein is just 2.7 times larger than the Island of Manhattan (http://www.comparea.org/LIE+r2552485#:~:text=Liechtenstein%20is%202.7%20times%20larger%20than%20Manhattan%20(NYC%20borough).&text=Liechtenstein%20is%202.7%20times%20larger%20than%20Manhattan%20(NYC%20borough)). The capital Vaduz has a population of fewer than 6.000 people (https://en.wikipedia.org/wiki/Vaduz), but you should not underestimate them.
Liechtenstein is leading in Europe in Crypto-LegislationPhilipp takes a few minutes in our interview to bring the point home, but Liechtenstein and Switzerland are leading in Europe in Crypto Legislation, followed by countries from Baltic states. Not far behind in Germany with the bill we discuss. For further reference, here is the Liechtenstein Token Act: https://impuls-liechtenstein.li/en/blockchain-act-liechtenstein/
Future SituationThe law will likely come into force in January 2021. There are small changes to be expected, but the law should pass mostly in the current form, according to observers. This will allow for the conversion of normal securities, we assume bonds in the interview, can be converted in crypto securities early next year. Also, the issuance of crypto securities can happen early next year. We are excited about the opportunity.
EU PerspectiveIn September 2020 the European Commission is trying to catch up in digital services. There are multiple proposals and strategies on the European Level coming up. Out of those Philipp names seven landmark proposals from the European Commission this September.
There are seven landmark proposals coming from the European Commission in September 2020.
Philipp Sandne...
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Looking for a Graffiti Décor in your office? “Book a street artist” may know someone“Our supply needs to be as crazy as Berlin”
Mario Rueda Artpreneur and Co-Founder of Book A Street Artist
The FounderIn this interview, we talk to Mario Rueda (https://www.linkedin.com/in/mariorueda/), Artpreneur, and co-founder of Book A Street Artist (https://www.bookastreetartist.com/, https://www.crunchbase.com/organization/book-a-street-artist, https://www.instagram.com/bookastreetartist/, https://www.youtube.com/user/Bookastreetartist), a platform to connect street artists to companies and private individuals for events or e.g. home décor with graffiti.
Mario has been before with companies, who are household names (literally) before he started out with book a street artist. Mario strayed quite far from his home turf, since most of his families are engineers and he also studies civil engineering.
“Berlin is the capital of contemporary art in the western world right now”
Mario Rueda Artpreneur and Co-Founder of Book A Street Artist
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“A lot of artists are now doing really cool stuff with tech”
Mario Rueda Artpreneur and Co-Founder of Book A Street Artist
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“Step by step companies realized these guys work with really cool underground artists you don’t find easily”
Mario Rueda Artpreneur and Co-Founder of Book A Street Artist
The StartupMario set up the company when we were living in Lisbon (a city rich with great (street) artists) and talked to his co-founder about the street artists. They wanted to set up a company with a social impact. This is how it all started.
Now the company can help you with the artists for corporate Christmas parties, as well as interior décor of rooms. Tune in the interview to learn more.
“We had a kind of a green flag, when great companies wanted to talk to us”
Mario Rueda Artpreneur and Co-Founder of Book A Street Artist
Venture Capital FundingSince 2019 Book A Street Artist is funding itself from its own revenue, but it is open to external investors.
“From the very beginning, we got out and tried to find great street artists”
Mario Rueda Artpreneur and Co-Founder of Book A Street Artist
The Video Interview is set to go live on September 3rd, 2020 at 19.00 CET (Frankfurt)https://youtu.be/rVCz38dq9oU
The Audio Interview is set to go live the following nightThe Audio Podcast will be published tomorrow. Subscribe to our podcasts here
Further Readings / Additional RessourcesHidden Art Gems Mario refers to:
https://en.wikipedia.org/wiki/Oulu
https://en.wikipedia.org/wiki/Bod%C3%B8
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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:
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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 Interview is set to go live on Thursday, August 27th 19.00 CEThttps://youtu.be/NZoSbjoRJzg
You generate your private key at first activation of your NGRAVE Zero. Your biometric data like your fingerprint, but also external data like the ambient lighting at that moment. That makes statistically a unique key.
Ruben Merre, CEO and Co-Founder NGRAVE
The Audio PodcastSubscribe to our podcasts here
We build our backup as a stainless-steel puzzle. It survives if your house burns down and since it is a puzzle – no one who random finds it – will know your private key
Ruben Merre, CEO and Co-Founder NGRAVE
Further Readings / Additional Resources
IBAN https://www.investopedia.com/terms/i/iban.asp
Blockchain Hacks https://www.investopedia.com/news/largest-cryptocurrency-hacks-so-far-year/
Private Key https://searchsecurity.techtarget.com/...
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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 talks for more funding.
The Video Interview is set to go live on August 13th, 2020, 19.00 CET Frankfurt / 1 pm Easternhttps://youtu.be/3xurldMpDbY
We build industrial drones, not toys for everybody.
Tom Plümmer CEO and Co-Founder Wingcopter
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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.
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The HostThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
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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 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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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!
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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
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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
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Further Readings / Additional ResourcesFront Office https://www.investopedia.com/terms/f/frontoffice.aspBack Office https://www.investopedia.com/terms/b/backoffice.aspMiddle Office https://www.investopedia.com/terms/m/middleoffice.aspNeuer Markt / and its index Nemax https://deutsche-boerse.com/dbg-en/our-company/know-how/glossary/glossary-article/NEMAX-50-248782Trading Floor https://www.investopedia.com/terms/t/trading_floor.aspSWIFT https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_TelecommunicationHave a look at the other interview Joe refers to with IT SEAL:
https://www.startuprad.io/blog/it-seal-helps-companies-to-train-their-employees-in-cyber-security/
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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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💢 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 https://www.startuprad.io/blog/germanys-hope-for-coronavirus-vaccine-and-how-they-got-a-300-mn-euros-government-investment/Mainz-based BioNTech (we talk about them frequently) is the first company in Germany to start human trials for a Coronavirus vaccine: https://www.pfizer.com/news/press-release/press-release-detail/pfizer_and_biontech_dose_first_participants_in_the_u_s_as_part_of_global_covid_19_mrna_vaccine_development_program Wirecard - This month’s top news in GermanyIntroWirecard is a company processing payments. The company works as an intermediary and guarantor between buyers and sellers and takes a commission on all transactions. They have about 5,000 employees and actually replaced Commerzbank (we will talk about them later) in DAX 30 (Germany's equivalent of the Dow Jones Industrial Average 30). They are the first “fintech” to achieve this.
The big problem now is that there are accounts missing, which shoul...
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Find all further Links and show notes on our blog post: https://www.startuprad.io/blog/news-wrap-up-developing-wirecard-story/
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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
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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 https://www.youtube.com/watch?v=leHdwm7HiSQ
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Ginmon provides automated and personal online wealth management
We build a platform, that totally automizes the wealth management process.
Lars Reiner, CEO and Founder of Ginmon
The founderJoe from Startuprad.io talks to Lars (https://www.linkedin.com/in/larsreiner/), the CEO and Founder of the Frankfurt-based rob advisor Ginmon (https://www.ginmon.de/en/). Lars started out as a management consultant inside of Deutsche Bank, in their unit called in-house-consulting, focusing on their retail business.
Our clients are wealthy, but not wealthy enough to qualify for traditional wealth management.
Lars Reiner, CEO and Founder of Ginmon
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There was no one at my company interested in what is today robo advisors, so I started my own and do not regret it until this day.
Lars Reiner, CEO and Founder of Ginmon
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 StartupGinmon (https://www.ginmon.de/en/, https://www.crunchbase.com/organization/ginmon-gmbh) is a Robo Advisor, catering to the mass affluent. They are wealthy enough to have money to invest, but in Germany, the normal threshold to enter the wealth management services of large banks is 2 million Euros, and they do not qualify yet.
Ginmon wants to be the online financial advisor for this clientele. Therefore, they became fully licensed as a wealth manager in 2017, by German financial services oversight body BaFin. They now have an investment volume of more than 100 mn Euros for approx. 5.000 clients, according to their website. According to Lars, they have approx. 15% of the share of wallet of their clients, which they aim to increase.
After our business model has been proven with a couple of hundred customers on our platform, we raised our first funding with Passion Capital from London, known for their investments e.g. in Monzo
Lars Reiner, CEO and Founder of Ginmon
Video Interview (available on June 11th 19.00 Frankfurt, 1 pm New York, 18.00 London)
The Audio Podcast will go live on June 16thThe Audio Podcast will be published next week. Subscribe to our podcasts here
Six Million Venture Capital FinancingGinmon published (at the day of the recording) a Series A funding worth 6 mn Euros, including old investors and a new investor from Russia. During the interview, we talk about what the new investor did right https://www.ginmon.de/presse/robo-advisor-ginmon-schliesst-weitere-finanzierungsrunde-ab/
Further Readings / Additional ResourcesRobo Advisor Talk (hosted by Joe, in German from October 2016) https://www.youtube.com/watch?v=akCaXmFfgMQETF https://en.wikipedia.org/wiki/Exchange-traded_fundStock Index https://en.wikipedia.org/wiki/Stock_market_indexModern Portfolio Theory https://en.wikipedia.org/wiki/Modern_portfolio_theoryGerman Government Retirement System: https://en.wikipedia.org/wiki/Pensions_in_Germany
In Germany we still have a lot of commission based financial advice.
Lars Reiner, CEO and Founder of Ginmon
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We offer Corporate Mobility Procurement 4.0 as a SaaS model
Markus Puhl, Founder Airive
The founderWe talk to Markus Puhl (https://www.linkedin.com/in/markus-puhl-31355b112/), founder of Airive (http://www.airive.de/). The startup is part of Next Mobility Lab, which is headquartered in Mainz (https://www.nextmobilitylab.com/; https://www.linkedin.com/company/next-mobility-lab/), but also has a location in Boston.
During this interview, we are talking to him on how corporate mobility has changed and how he wants to change it even more with “Corporate Mobility Procurement 4.0.”
The market we are aiming for are 16.000 companies in Germany alone, who are operating car fleets bigger than 20 cars.
Markus Puhl, Founder Airive
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/2w01ZyeThe StartupCurrently, large corporates invite mobility providers to bid for their contracts on a regular basis, so they can get the best price. This is a hassle for small companies with corporate car fleets of 50 cars in one country but takes on quite different dimensions if a company has to provide mobility to thousands of employees across several continents. All trips need to be efficient in terms of time, costs, and CO2.
There was a feeling in the market … to end the manual mode of purchasing corporate mobility.
Markus Puhl, Founder Airive
Airive offers analytics services and a purchase platform where corporates can ask for bids for their required services.
The Video Interview is set to go live on June 4th 19.00 Frankfurt (1 pm Eastern, 18.00 London )https://youtu.be/yTDPOXd7xlI
In Germany 189 million business travel trips are taken every year.
Markus Puhl, Founder Airive
Next Mobility Labs / Additional RessourcesAirive is part of the Next Mobility Labs accelerator program, based in Mainz. You can learn more about them here: https://www.nextmobilitylab.com/
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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 two of the measures of single states: Bavaria: LfA sets up a new loan program for small and very small enterprises - Munich Startup https://buff.ly/3c3MBkp Hamburg: They call their program InnoStartup - Hamburg Startups https://buff.ly/2zPOLpp (some more information in the Hamburg Hub section)Corona cases in Amazon logistics center in Winsen, Germany: Verdi demands to close the location https://buff.ly/3dipDGbGerman unicorns like Dreamlines, Flixbus, Getyourguide, Homelike, Hometogo, Omio, Tourlane and Trivago write an open letter to Google to get 75 mn € advertisement money back https://buff.ly/3f2rF...
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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
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"Everybody has to chart his or her own course. I am a deep believer in instinct."
Gunjan Bhardwaj – Founder and CEO Innoplexus
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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 (https://www.crunchbase.com/organization/hcs-beteiligungsgesellschaft), as well as Christian Angermayer of Aperion (https://www.crunchbase.com/person/christian-angermayer), as well as EOS VC (https://vc.eos.io/partners/finlab/), the venture capital arm of Block.one. According to a report by FAZ they have already raised 35 mn Euros and are looking for 40 million more (https://www.faz.net/aktuell/wirtschaft/unternehmen/start-up-innoplexus-ein-google-der-pharmabranche-16473990.html).
"No funding event is easy, but what is easy in life?"
Gunjan Bhardwaj – Founder and CEO Innoplexus
Gunjan strongly recommends doing your due diligence, he likes to quote one of his teachers who said that assuming means "making an ass of you and me” 😊. He recommends you agree with your investor on a vision for the future of the company. The personal chemistry between an inv...
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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.
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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
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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/
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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
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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 )https://youtu.be/UxghpnCVGSw
What Quantgene develop here in the last five years is a very specific capability. We call it the deep human genome.
Johannes “Jo” Bhakdi – CEO and Co-Founder of Quantgene
Venture Capital
At the time of the interview, Quantgene was raising a note. They are also looking to raise a Series B (all as planned before Corona). https://www.crunchbase.com/organization/quantgene
We are roughly 5 years ahead of our peers.
Johannes “Jo”...
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We called our initial offering “Sales as a Service.”
Swen Wegner, CEO and Founder Mainstage Incubator
Mainstage Incubator helps startups to conquer EuropeWhether 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 FounderIn 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:
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 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 EuropeThe ultimate goal is to bring international startups physically to Germany, so they can expand all over Europe.Bring startup from Germany to IndiaThe Mainstage Incubator already signed partnership agreements with Argentina, Columbia, Japan Bangladesh, Sri Lanka, Nepal, and now the United States.
Apply here for the Mainstage IncubatorYou 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 episodeThe 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/2LK14oWiTunes http://apple.co/2xsHdaESpotify http://spoti.fi/2DfIt1OThe interview ill be published in our Sub-Podcasts below:
💢 Fintech Germany by Startuprad.ioiTunes: http://apple.co/2lLRlpGSpotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: https://apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: https://apple.co/2oWO3SlSpotify https://spoti.fi/2qucve8Further ListeningInterviews with Swen's former boss, he refers to Vishal during the interview. At the time of posting this interview, the startup has still been called Acellere, now it is known as embold.io
Part 1
https://open.spotify.com/episode/1zRYH6BiIpt11q1VMmZijc
Part 2https://open.spotify.com/epis...
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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
InvestSuite snaps up €2 million to grow its investment tools for banks and brokers https://buff.ly/3dQLGoy
Learn more about them in the Startuprad.io interview here: https://buff.ly/2X960cG (the interview was published on 18th of December 2018)
The video will go live on Thursday, April 30th, 19.00 CEThttps://www.youtube.com/watch?v=SpGddRwUqoo
Coronavirus / Covid19__________________
We are working with Startup Genome to quantify the impact of the crisis on startups and push for adapted policy action now. They’re doing it all over the world so they’ll be able to prove how good policy action is saving startups—and lack of policy is disastrous.
If you had an ongoing startup before the crisis, please take 5 min. to contribute right now:
If you since had to close it click hereOtherwise, if your startup is ongoing and even if you paused operations, click hereWe need hundreds of founders to do so–and you know it’s not easy.
__________________
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Cansativa imports medical cannabis for GermanyMedia PartnershipThis interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/news/). Cansativa is the Startup of the Month April 2020. Congratulations!
The foundersCansativa (https://www.cansativa.de/en/) is a family business. The two brothers Benedikt (https://www.linkedin.com/in/johann-benedikt-sons-762a28103/) and Jakob (https://www.linkedin.com/in/jakob-sons-795087133/) Sons are running the business, their father is a doctor and helped them found the startup as a business angel.
Prior to co-founding Cansativa, Benedikt worked in the field of strategy consulting within the pharma and automotive industry. He has a wealth of knowledge about every aspect of how to run a cannabis business in Europe, from regulations to logistics and markets.
Prior to co-founding Cansativa, Jakob worked as a commercial lawyer in Frankfurt. He worked for well-known law firms in Germany, focusing on Litigation, Corporate Law, as well as M&A topics.
I remember, when we received our first shipment – I hade to tell my colleagues why I had to leave to receive a shipment. So I told them: “I have a side business and will receive 20 kilograms of Cannabis.” 😊
Jakob Sons – General Counsel and Co-Founder Cansativa, during his Startuprad.io interview
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/3cjMMYnThe StartupCansativa, a leading medical cannabis import and distribution company located in Frankfurt, Germany. Cansativa operates and distributes independently via its own fulfillment center, and provides independent market access, extensive warehousing, and distribution capacities.
Medical Cannabis is available in Germany on a doctor’s prescription, with which you can buy it in a pharmacy. Since it is only available on prescription, there is also a refund by the German universal health insurance system for the costs.
As of now, we became one of the leading importers and wholesalers of medical cannabis in Germany.
Benedikt Sons – CEO and Co-Founder Cansativa, during his Startuprad.io interview
The Video Interview is set to go live on April 23rd 15.00 CEST (10 am East Coast Time, 14.00 GMT+1)https://youtu.be/yB_JXToBzhs
We have a warehouse and a direct wire to the police. Sometimes we have false alarms and for the first false alarm the had a SWAT team with machine guns here and the police blocked parts of the city of Frankfurt.
Jakob Sons – General Counsel and Co-Founder Cansativa, during his Startuprad.io interview
Further ReadingsDuring the interview we talk about:
Multiple sclerosis: https://en.wikipedia.org/wiki/Multiple_sclerosis
Epilepsy: https://en.wikipedia.org/wiki/Epilepsy
City of Kassel: https://en.wikipedia.org/wiki/Kassel
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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 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___________________________________
Links, Video and Show NotesFind all of them here: https://www.startuprad.io/blog/meet-innoplexus-the-startup-which-fights-all-diseases/
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Sono Motors Raised Money with it and the tool is now freeWe challenged ourselves how we can help … as a small software developer in the current crisis for struggling companies…. So, we reduced the price of the funding tool to ZERO.
Johannes Laub, CEO and Co-Founder CrowdDesk
Covid19This interview is part of our ongoing coverage of Covid19 for the German startup scene. We talk to the startup CrowdDesk since we found their tool very helpful. Please note that CrowdDesk is neither paying for the interview nor are there affiliated links to sign up for their service.
The founderIn this interview, Joe from Startuprad.io talks again to Johannes Laub, CEO, and Co-Founder of CrowdDesk, the financing startup from Frankfurt. You can learn more about him in our other interview here: https://www.startuprad.io/interviews/the-fintech-crowddesk-offers-funding-as-a-service/
You only need a website and our software. Even our law firm is giving away the contract for free, for everyone affected by the Covid19 crisis.
Johannes Laub, CEO and Co-Founder CrowdDesk
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/2VaUDSl
The StartupThe fintech CrowdDesk offers Funding-As-A-Service. With the go-fund-me Button a company placed on its website, any company sticking to the local rules could raise funds this way.
ONE StarterCrowdDesk gives away the ONE Starter package, with which startups can raise up to 400.000 Euros from friends, customers, fans, network and, website visitors: https://www.crowddesk.de/crowdvscorona/
Note: The tool is only available in Germany right now, due to legal constraints.
The Munich-based startup Sono Motors raised more than 50 mn Euros in total and out of that they raised more than 2.5 mn Euros with the tool of CrowdDesk.
We all share the same fate at the moment.
Johannes Laub, CEO and Co-Founder CrowdDesk
The ONE Starter is a software tool, which startups can use to raise funds in Germany
The startup has to activate their own network … so everybody knows about your campaign.
Johannes Laub, CEO and Co-Founder CrowdDesk
Observations in Fundraising during Covid19 When you come to the VCs when you need the money, you are too late.
Johannes Laub, CEO and Co-Founder CrowdDesk
CrowdDesk is also currently raising venture capital. So Johannes also shares some insights on how fundraising is working right now:
An urge to need the money now hurts your valuationVCs safe their cash for follow-up investments of their current portfolioMost VCs can’t lookout for new deals, as they did in the last few monthsIt is very hard to start fundraising right nowIf you return to fundraising in fall, you may find the VCs unable to raise VC funds and add new investments.Only some investors try to push down startup valuationsStartups raising for shorter time periods to get better valuations further down the road
Once you started to work ...
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Meet Berlin-based cryptocurrency challenger bank Bitwala“We let people buy and sell bitcoin directly from their bank account”
Benjamin Jones, CEO/CTO and Co-Founder of Bitwala
This interview is our Easter Special. Keep safe, stay at home and enjoy the video. Please note at the very bottom of this post, there is a link where you can give us direct feedback.
The founderIn this interview, Joe from Startuprad.io talks to Benjamin Jones (https://www.linkedin.com/in/benjaminpeterjones/), CEO/CTO and Co-Founder of Bitwala (https://www.bitwala.com/). Bitwala is a challenger bank, based in Berlin which offers shifting from fiat currency (Euro) into Bitcoin and Ethereum on their app.
Benjamin is originally from Bristol and studied Philosophy and Economics in London. He traveled one year in South America and became …as he says, “became a hippie.” An internship than took him to Berlin, where he worked in a startup. He tried out many things, including a company builder which aimed to become the “Rocket Internet of Cryptocurrencies.”
“Core banking is relatively unexciting. That’s not where the innovation is happening”
Benjamin Jones, CEO/CTO and Co-Founder of Bitwala
______________________________________________
Affiliate LinksLooking for a bank account to shift between crypto and fiat? Sign up with Bitwala here. Due to regulations, Bitwala can only accept customers resident in the European Economic Area (EU plus Norway, Iceland, Switzerland, United Kingdom, and Lichtenstein), with a few exceptions like US citizens.
____________________________________________________
The Startup“A [bitcoin to cash] transaction takes usually 20 minutes”
Benjamin Jones, CEO/CTO and Co-Founder of Bitwala
The name Bitwala comes from a computer bit, and wallah. In India, you call someone who brings the, for example, the tea a chai wallah (https://chaipilgrimage.com/blogs/journal/8413337-what-is-a-chai-wallah). The company wants to be “the bringer of bits.” Bitwala is describing itself as a challenger bank. As is typical for many challenger banks, they don’t have a banking license, but rather work together with licensed banks.
“All startups need to focus in an extreme way”
Benjamin Jones, CEO/CTO and Co-Founder of Bitwala
Bitwala is a challenger bank, founded in Berlin. Their USP is the ability to shift between Euros, Bitcoin and Ethereum in their app, without the need for a cryptocurrency exchange.
“What most people got excited about crypto currencies in the earlier times was their application in the developing world. …there is 1.7 bn unbanked.”
Benjamin Jones, CEO/CTO and Co-Founder of Bitwala
Right now Bitwala does not have a third-party custodian for the crypto assets, they are offering non-custodian wallets. So the client has to take care of their crypto assets by themselves, but the client also holds her/his private keys.
During the interview, we also talk about their former product, a bitcoin credit card, which they had to drop. This put Bitwala in a difficult position, in which they decided to build the world’s first cryptocurrency bank account.
After the interview Bitwala published their number of customers, they had (at release) more than 50.000 clients in 32 countries (Link opens PDF).
The Video Interview is Our Easter Special – It is set to go live on April 10th 15.00 CET (10 am East Coast Time, 14.00 London)https://youtu.be/DuomByTCLKk
Venture Capital Funding
Bitwala is looking to raise a Series B in Q3 2020 of 15-20 million Euros (up to 22 mn USS). Keep in mind this interview was recorded before the Corona Virus Outbreak.
“In our last funding round, we have been in this [notary] room together for 19 hours … but I understand why. It is just good for everybody to hear the contract one last time”
Benjamin Jones, CEO/CTO and Co-Founder of Bitwala
Bitwala has already raised several financing rounds, totaling 21.8 mn US$, accord...
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How to lure corporate talent in a Startup?
I think most entrepreneurs will know that it never goes right … you see stories in the media of overnight successes … but most founders will know this is not the case.
William Laitinen, CEO and Founder Exige
The FounderWe talk to William Laitinen (https://www.linkedin.com/in/william-laitinen-93282/, https://twitter.com/WilliamLaitinen), co-founder of Exige International an executive search agency (https://www.exigeinternational.com/).
During this interview, we are talking to him not only as a founder, who bootstrapped his company, sleeping on his cousins’ couch, but also who survived the global financial crisis starting in 2008.
A lesson to learn - from early on as possible - is: You are going to be facing problems in your team and your organization.
William Laitinen, CEO and Founder Exige
Affiliate LinksThe hard thing about hard things
https://amzn.to/2S62X30Ben Horowitz tells his story from an employee, afraid to lose 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
The Startup William started headhunting in financial services (Mergers and Acquisitions) and strategy consultancies during the early 2000s, with a laptop and a phone. He classically bootstrapped his company, starting crashing on the couch of his cousin and working his way up from there. He called it “the golden age of headhunting,” and like many others he thought it would always go on like this. So, he was in a great spot, just before the bankruptcy of Lehmann Brothers which almost froze hiring in Investment Banking and strategy consulting.
I was in the worst place you could be in the financial crisis … I didn’t do a deal for 18 months.
William Laitinen, CEO and Founder Exige
William used the global financial crisis to change his focus and now is working primarily with insurance companies in Western Europe, specifically in Switzerland, as well as with insurtechs.
You will face a whole heap of problems and challenges starting a company … Who you want to hire is really really important in overcoming the problems you will be facing.
William Laitinen, CEO and Founder Exige
Advice in Hiring
People leave their job for just two reasons: Logic and emotions.
William Laitinen, CEO and Founder Exige
William talks about hiring for startups, especially about the importance of the first hires. He is recommending looking for four core values in the new hires:
IntegrityHumilityAssertiveResilienceYou could add curiosity
I love hiring people smarter than me! You turbo charge your environment.
William Laitinen, CEO and Founder Exige
William also encourages founders to look for cognitive differences, especially in the first employees. Ideally, you hire someone smarter than you with different thinking, so he/she will be able to attack problems in another way. He is recommending a different gender, ethnicity or different demographics.
Lay down your val...
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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
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
______________________________________HousekeepingNo bragging this time.
Now there is
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Coronavirus / Covid19We will bring you weekly short updates, called Corona Flash. This is meant to keep you updated on the most recent developments, relevant for startups.
German Government in Talks With Startups on Survival Package - Bloomberg https://buff.ly/2vB6zmu
Related
Covid19 response by the German Government
50 bn € aid for freelancers and SMEs
400 bn € guarantees and 100 bn € for equity stakes
100 bn € for liquidity aid via KfW
DER SPIEGEL https://buff.ly/3bnrc54
Important Knowledge Sources for Startups on Covid19 and policy responsesSARS-CoV-2/COVID-19: Collected Best Practices of the German Startup Scene - German Startups Association - The only English source we could find:
They launched a specific website”The Startup Corona Handbook” https://buff.ly/2J4UOI0 There is a German only checklist by the Frankfurt Chamber of Commerce to make sure you don’t forget anything https://twitter.com/IHK_FFM/status/1240975669695315969Corona Information for...
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Covid 19 Coverage of Startuprad.io
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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)https://youtu.be/0vnA4SoSADc
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 https://amzn.to/2PpJzO3Steppenwolf https://amzn.to/32pSPqI Further readings and helpful linksThis is the only reliable English source we could find so far: SARS-CoV-2/COVID-19: Collected Best Practices of the German Startup Scene - German Startups AssociationThey launched a specific website” The Startup Corona Handbook” https://buff.ly/2J4UOI0
There is also a helpful page by the challenger bank Penta: https://getpenta.com/de/unt...
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Acomodeo helps companies to find serviced apartments worldwideThe 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).
Our first clients know us and trust us, and they do these bookings [28.000 – 35.000 Euros] on a cell phone.
Eric-Jan Krausch during his Startuprad.io interview
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:
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We see that there are a lot of professional suppliers in the market and we digitize them. We make them online bookable.
Eric-Jan Krausch during his Startuprad.io interview
The FounderIn this interview for Invest-in-hessen.com we are talking to Eric-Jan Krausch (https://www.linkedin.com/in/ejkrausch/), Founder and CEO of Frankfurt-based proptech and business travel startup ACOMODEO (https://www.acomodeo.com/en-us/). Eric is born in Frankfurt and originally worked in a radio station. He even studied music business in Mannheim (https://en.wikipedia.org/wiki/Popakademie_Baden-W%C3%BCrttemberg). He also worked for innovation departments at large and established companies. After that Eric became a freelancer, working as consultant for several companies.
Our global footprint is supported by our location in Frankfurt.
Eric-Jan Krausch during his Startuprad.io interview
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The StoryEric developed the idea of Acomodeo together with his roommate, during his graduate studies. The company provides on its platform multinational companies with apartments all around the world. This is a great service for multinationals since they must provide housing for their employees on international assignments. One can book apartments on Acomodeo from four days to two years. The goal is to get the client a seamless travel experience, so the startup sees itself more like a startup in the travel industry (traveltech), rather than a property startup (proptech).
For a B2B startup this [Frankfurt] is a better location.
Eric-Jan Krausch during his Startuprad.io interview
Acomodeo vets the suppliers before they get on their platform. They focus on other points that a hotel platform would like the question: Is there a fully equipped kitchen, including a toaster?
Joe’s Tip (AL)The hard thing about hard things https://amzn.to/2Tjx4pt
The Video Interview (this interview will go live on Thursday, March 19th 15.00 CET, 14.00 UK, 10 am ET)https://youtu.be/s25u8VrKw6Y
Further ReadingsCity of Mannheim https://en.wikipedia.org/wiki/Mannheim
Napster (in case you never have heard of it): https://www.youtube.com/watch?v=uzbrVpG90yc
Deutsche Telekom https://en.wikipedia.org/wiki/Deutsche_Telekom
German Accelerator Program (helped Acomodeo to start their New York Office): https://www.germanaccelerator.com/
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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
_____________
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____________
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
Other Link CollectionsWhat to consider?
Time to plan now. Consider this situation going on for weeks, even months and make plans accordingly. For all startups cash is king!
Here are examples of measures put together by the German government.
Measures of the German Federal Ministry of Economics: https://www.bmwi.de/Redaktion/DE/Downloads/S-T/schutzschild-fuer-beschaeftigte-und-unternehmen.pdf?__blob=publicationFile&v=12Employment law, what to consider in Germany https://www.bmas.de/DE/Presse...
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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
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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 https://amzn.to/2PpJzO3Steppenwolf https://amzn.to/32pSPqI
The old Interview from October 2019https://www.youtube.com/watch?v=nLmU_5Wp5UA
In some cases, four hours after a new release, automated hacks for the fixed issues start
Johannes “Joe” Noll of Codario.io during his Startuprad.io interview
Venture FundingCodario is currently closing a 1.5 mn Euro Seed Financing round. If you like to get in, let us know and we will introduce you to Johannes.
It makes sense for hackers to not to target custom code of web applications, but third-party code, because of that you can target several hundred websites simultaneously. Not one product, but several hundred.
Johannes “Joe” Noll of Codario.io during his Startuprad.io interview
Further ReadingsLink YouTube Video Jodeln https://www.youtube.com/watch?v=fF1Z0WtvGxc
Link Rh...
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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
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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 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
https://amzn.to/2PpJzO3Steppenwolf https://amzn.to/32pSPqIBefore the Top Book List we talked about “The hard thing about hard things” https://amzn.to/32symSb
Wikipedia links for further readingHerman Hesse https://en.wikipedia.org/wiki/Hermann_Hesse
Friedrich Nietzsche https://en.wikipedia.org/wiki/Friedrich_Nietzsche
Arthur Schopenhauer https://en.wikipedia.or...
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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/
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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/
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Three Interviews from Graduation Ceremony of Founder Institute FrankfurtThis is the first interview for all three startup ideas. The founders just graduated in the first batch of the Frankfurt Chapter of the Founder Institute.
The Founder Institute is the world's largest pre-seed startup accelerator, having helped launch over 4,000 companies across 185+ cities and six continents.
The company was founded in 2009 by serial entrepreneur Adeo Ressi and his colleague, Jonathan Greechan. The idea for the program spawned from operating TheFunded.com, where it became apparent that most entrepreneurs at the idea and launch stages lacked the structure, feedback, and support network needed to be successful.
Learn more about Founder Institute and the Chapter in Frankfurt here, where you can apply for the next batch as well: https://fi.co/s/frankfurt
Interview PartnerYou can reach out directly to the people we have interviewed here:
Michelle – Supplino: https://www.linkedin.com/in/michelle-peters-2599263/
Karsten – Xplain: https://www.linkedin.com/in/karsten-helbig-b7575364/
William – TribeLync: https://www.linkedin.com/in/william-king-ii-m-s-it-itil-4-pmp-49b51b26/
Some impressions from Founder Institute Frankfurt's Graduation Ceremonyhttps://www.instagram.com/p/B8J5PUfI9vm/
https://www.instagram.com/p/B8J5A5Rodoo/
Find the video interview herehttps://www.startuprad.io/blog/three-interviews-from-graduation-ceremony-of-founder-institute-frankfurt/
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The fintech CrowdDesk offers Funding-As-A-ServiceThis interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/news/). We talk to Johannes Laub (https://www.linkedin.com/in/johannes-laub/), one of three Founders and Managing Partner of CrowdDesk (www.crowddesk.de), a Frankfurt-based fintech. They started out as a crowdfunding tool for municipalities and developed into a white-label solution for crowdfunding platforms, as of January 2020 running 56 crowdfunding platforms. They developed the tool further into a point at which startups can raise funds e.g. by integrating their “Go fund me” button on their website.
In the interview, we talk about how he went from an apprenticeship in a bank selling mutual funds, to university, had some experiences with starting a music label. He even experienced sales cycles in municipalities and found startup funding as a lucrative market.
With the go-fund-me Button a company placed on its website, any company sticking to the local rules could raise funds this way.
Affiliate Links
The hard thing about hard things
https://amzn.to/2S62X30Ben Horowitz tells his story from an employee, afraid to lose 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 Hoffman's, the founder of LinkedIn, advice on scale fast
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
https://amzn.to/2v97KZG
Readworthy 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 a 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
Video Interview:Find the links and video interview here: https://www.startuprad.io/blog/the-fintech-crowddesk-offers-funding-as-a-service/
During the interview we are talking about:Mutual Funds https://www.investopedia.com/articles/mutualfund/08/foreign-mutual-funds.asp
MS Dos https://www.youtube.com/watch?v=1bKNts8liWI
Johannes (is as Joe from Startuprad.io) hailing from Rheinhessen (https://en.wikipedia.org/wiki/Rheinhessen_(wine_region)), a very nice area and the largest wine growing region in Germany. It is just one-hour drive away from Frankfurt.
European Business School (EBS): https://en.wikipedia.org/wiki/EBS_University_of_Business_and_Law
CrowdDesk Blog (in German only) including the crowdfunding from Quickborn: https://blog.crowddesk.de/die-crowdfunding-pioniere-eine-erfolgreiche-gr%C3%BCnderstory
BaFin (German finance oversight body): https://en.wikipedia.org/wiki/Federal_Financial_Supervisory_Authority
Mezzanine Capital (Between equity and debt): https://en.wikipedia.org/wiki/Mezzanine_capital
KfW: https://en.wikipedia.org/wiki/KfW
Freakonomics Podcast: http://freakonomics.com/archive/
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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 https://spoti.fi/2qucve8
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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 digitalization game is never ever a game won by a single company
Marc Gille, Founder and CEO THING TECHNOLOGIES during his Startuprad.io interview
The FounderIn this interview, we talk to the serial entrepreneur Marc Gille (https://www.linkedin.com/in/marc-gille-2165946/), Founder and CEO of THING TECHNOLOGIES.
Marc founded his first startup, a business process management platform, in Frankfurt in 2000. He sold this startup in 2006 to SunGard, now part of FIS (https://www.fisglobal.com/about-us). Marc went on to work for FIS in New York as Senior Vice President for more a decade, before founding his current startup THING TECHNOLOGIES (https://www.thing-it.com/) in Brooklyn. He later moved with his startup’s headquarter from Brooklyn to Frankfurt, leaving some operations in New York.
If you want something more hip, certain places in Offenbach will do
Marc Gille, Founder and CEO THING TECHNOLOGIES during his Startuprad.io interview
The StartupTHING TECHNOLOGIES is a proptech startup, owner of the Thing-it platform. The Thing-it Platform allows configuring digitalization solutions for all participants (real estate developers, tenants, co-workers, residents, guests, properties managers, facilities managers, service providers) using and operating a building.
Venture CapitalTHING TECHNOLOGIES already raised a Series A venture capital round with coparion and PropTech 1 Ventures (https://www.crunchbase.com/organization/thing-technologies-llc#section-lists-featuring-this-company). They are still looking to raise more money, in a second closing of their Series A round.
They are also looking for international investors for a Series B Round since THING has a good footprint in the US (founded in New York, still has a team in Birmingham Alabama).
If you want to get in, feel free to reach out, we get you connected.
The VideoFind the video interview here: https://youtu.be/DZ8oFEx91tU
Building Technology 1988As recommended by Marc, here is the trailer of Die Hard 1 (Stirb Langsam 1) from 1988 to familiarize yourself with the capabilities of large buildings already in the 1980s. Please note the buildings explosion resistance in the movie may be exaggerated 😊 https://youtu.be/gYWvwkXreaI
Further ReadingsGmbH (a German version of an Ltd): https://en.wikipedia.org/wiki/Companies_with_limited_liability_in_German_speaking_countries
Marc’s example of the Cube in Berlin http://www.cube-berlin.de/en/
Nebenkostenabrechnung (Utilities Statement, which is tightly regulated in Germany, especially which costs a landlord can pass on to it’s tenants) https://www.iamexpat.de/housing/german-housing-market/home-utilities
Marc is hinting at the BER Airport towards the end of the interview (https://www.dw.com/en/new-berlin-airport-to-finally-open-next-october/a-51471371), as opposed to the well-functioning, international connected airport Frankfurt (https://www.aviation24.be/airports/frankfurt-fra/fraport-traffic-figures-2019-frankfurt-airport-serves-more-than-70-5-million-passengers-1-5/). This is more a joke for Germans. Yes, you Americans viewing this, now you know how this feels if you are not getting a cultural reference 😉 …
Frankfurt Railway connectivity to Vienna, Paris, Zurich, Lyon, Amsterdam, Brussels, even (via Paris) to London, and many more: https://www.raileurope.com/place/frankfurt-hauptbahnhof
Frankfurt is home to the busiest internet knot in the world: https://www.invest-in-hessen.com/dynasite.cfm?dsmid=506534
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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
Find the video here: https://www.startuprad.io/blog/xelera-technologies-helps-with-their-software-to-accelerate-machine-learning/
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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 Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: https://apple.co/2O2jwLxSpotify https://spoti.fi/2qucve8
Tadadadaaaaaaaaaaaaaaaaaaaaaaaa
2020 will be the year of Beethoven, which is a safe bet!
There will be a lot going on since Beethoven turns 250 this year.
https://www.youtube.com/watch?v=59ZrMEjktsA
Ode to Joy:
https://www.youtube.com/watch?v=hdWyYn0E4Ys
He made it in pop culture some time ago e.g. Two and a Half Men:
https://youtu.be/EE6V3hoIZj8
Find all further links and show notes here: https://www.startuprad.io/blog/german-startups-2019-review-2020-outlook/
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You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
GoContract is like Google Docs for Contracts by Startuprad.ioThis is a special publication on January 6th 2020, a public holiday in some states of Germany, to commemorate the Three Kings. Learn more about the day below. (at the bottom you will find the Link to the video interview)
The InterviewIn this interview we are talking to Lucas Weiper (https://www.linkedin.com/in/lucas-weiper-0828a6167/), CEO and Co-Founder of the “almost legaltech” GoContract (https://go-contract.com/). GoContract is headquartered in the beautiful city of Koblenz (https://en.wikipedia.org/wiki/Koblenz), which is located between Frankfurt and Cologne. They offer end to end contract management.
“Lower Salary for startups is not an issue, if you can work with vision” Lucas Weiper, CEO and Co-Founder GoContract
A very brief startup historyIn the past, Lucas worked for a digital agency and the (also) Koblenz-based startup Sdui (https://www.sdui.de/). He learned a lot about startups, digital marketing and even recruiting there. Actually, he even encountered the problem, GoContract is now trying to solve. The startup helps startups and corporates with the tracking and management of their contracts. They offer end to end contract management.
“I can not advise to outsource software development. You will need the IP in later VC funding rounds” Lucas Weiper, CEO and Co-Founder GoContract
Recommended Holiday 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
Learn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/
Note on German customs: Normally Christmas is considered over after January 6th, which is a public holiday in Bayern, Baden-Württemberg, and Sachsen-Anhalt, where the Three Kings (https://en.wikipedia.org/wiki/Biblical_Magi) are commemorated.
Startup weekendThey started their company at Startup Weekend Koblenz (http://communities.techstars.com/germany/koblenz/startup-weekend) and found there their remaining co-founders. They set up the company with 6 people, where only three founders actually hold equity. The other three hold sub-shares.
Venture Capital RoundGoContract 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 Readings:Vocational training in Germany: https://www.make-it-in-germany.com/en/study-training/training/vocational/system/
Techboost Telekom: https://telekomhilft.telekom.de/t5/TechBoost-EN/ct-p/TechBoost_en
Mittelstand: https://en.wikipedia.org/wiki/Mittelstand
Netflix Series Skyline, to which Lucas referred (taking place and recorded in Frankfurt)
Official Trailer in German with English subtitles:https://youtu.be/e5bE-8n0_5Q
One of the songs (in German) Skylines Kalifa - Rose im Beton ( Official Full Music)https://youtu.be/8xLCUg6pvPM
Agile Method (Blog): https://www.wrike.com/project-management-guide/faq/what-is-agile-methodology-in-project-management/
Agile Method (affiliated links):
Agile Methodology: A Beginner’s Guide to Agile Method and Principles https://amzn.to/36olKwIKanban: The Ultimate Guide to Kanban Methodology for Agile Software Development https://amzn.to/35jvfLYKeep up to date with GoContractAs Lucas said in the last minutes of our interview, you can follow them here:
YouTube https://www.youtube.com/channel/UC4Cnh5wXg7zb56w0u6Z5YCA
LinkedIn https://www.linkedin.com/company/gocontract
http...
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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/
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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
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You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
The InterviewIn this interview, we talk to an international entrepreneur, of which we try to bring you approx. 30% of our content. This time we have the pleasure to interview a member of “Forbes Asia 30 Under 30” Lucy Yueting Liu (https://www.linkedin.com/in/awxlucy/), co-founder of Hongkong-based fintech unicorn Airwallex (https://www.airwallex.com/). Airwallex is simplifying international payments for companies.
“Valuation is the result of what you did well. It is not really a milestone itself. Valuation means nothing if there is no growth” Lucy Liu, Co-Founder fintech unicorn Airwallex
ContextDuring the interview, Joe and Lucy talk about her past as an investment consultant and intern at banks. She jumped pretty young into the startup world. The idea of Airwallex is to offer a cheaper better and more convenient alternative to SWIFT, which was invented in the 70s (see details below).
“The average time a CEO of a startup stays as CEO is 3 years. Many people cannot grow in a way that helps their business” Lucy Liu, Co-Founder fintech unicorn Airwallex
Affiliated LinksBretton Woods,
Global Perspectives on the Bretton Woods Conference and the Post-War World Order (The World of the Roosevelts) https://amzn.to/2WSalRCThe Bretton Woods Agreements: Together with Scholarly Commentaries and Essential Historical Documents (Basic Documents in World Politics) https://amzn.to/2Nrj8agMore books here: https://amzn.to/2JZO7YEFX Trading BooksThe Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market https://amzn.to/2PVAAoRA Foreign Exchange Primer https://amzn.to/2WTEq3lAudibleOr listen to interesting audio books on Audible. You get the first month free https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21
Further LinksDuring the interview, Lucy and Joe touch on different topics. Learn more here:
Link Video all New Zealand Rugby team “All Blacks” and their Māori war dance Hakka https://youtu.be/I3gbneDt-S4
FX or forex spreads https://www.investopedia.com/articles/forex/090914/understanding-spread-retail-currency-exchange-rates.asp
A short explanation video what SWIFT is https://www.youtube.com/watch?v=lxaa9GDIOE4 or here on Wikipedia: https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication
Single euro payments area (SEPA): https://ec.europa.eu/info/business-economy-euro/banking-and-finance/consumer-finance-and-payments/payment-services/single-euro-payments-area-sepa_en
Non-convertible currencies: https://www.investopedia.com/terms/n/nonconvertiblecurrency.asp
The Intern https://www.imdb.com/title/tt2106015/ trailer: https://www.youtube.com/watch?v=ZU3Xban0Y6A
https://www.startuprad.io/blog/interview-with-lucy-liu-co-founder-of-hongkong-based-fintech-unicorn-airwallex/
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The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here.
Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review
This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de Find the video and more content here: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/
The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here.
Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review
This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de To digitize the relationship with clients in banking, that will be the unicorn – Paolo Sironi during Startuprad.io’s 2019 Fintech Review
Our Guests(in alphabetic order)
Mario Hachemer, CTO Fastbill (https://www.linkedin.com/in/mahachemer/)
Luka Ivicevic, Co-Founder / Chief of Staff at Penta (https://www.linkedin.com/in/luka-ivicevic/)
Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/)
Paolo Sironi , Author and Thought Leader IBM (https://www.linkedin.com/in/thepsironi/)
Host:
Jörn “Joe” Menninger, Founder and Host Startuprad.io
joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
To succeed in Fintech you need to digitize the client relationship – Paolo Sironi during Startuprad.io’s 2019 Fintech Review
Further ReadingDuring the discussion we are touching:
Challenger Bank / Neo Bank https://en.wikipedia.org/wiki/Challenger_bank
Share of Wallet https://www.investopedia.com/terms/s/share-of-wallet.asp
Tiktok https://www.youtube.com/watch?v=mQEGJMmqBTw
Mortgage: https://www.investopedia.com/terms/m/mortgage.asp
related:
Mortgage market shares in Germany. Statista has only numbers for 2015, but online banks had a 40% market share: https://de.statista.com/statistik/daten/studie/661264/umfrage/entwicklung-der-marktanteile-der-vertriebskanaele-in-der-deutschen-baufinanzierung/
Goldman Sachs’ Marcus: https://www.marcus.com/us/en
Related:
https://www.fool.com/investing/2019/12/09/why-is-goldman-sachs-investing-in-marcus.aspx
Having a good user experience is ok, but it will not lead to a transformation people will do banking – Paolo Sironi during Startuprad.io’s 2019 Fintech Review
https://youtu.be/fFxCiGsnD48
Fintechs succeed because they are not overvaluing the trust – Mario Hachemer during Startuprad.io’s 2019 Fintech Review
I think in 2020 we will see fintechs and neobanks opening up branches – Luka Ivicevic during Startuprad.io’s 2019 Fintech Review
Recommended Holiday 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
To digitize the relationship with clien...
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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: https://en.wikipedia.org/wiki/Diploma#Germany_and_the_German_academic_education_system_in_Europe
Prof. Dr. Sebastian Faust of TU Darmstadt: https://www.informatik.tu-darmstadt.de/cac/start_cac/mitarbeiter_cac/personendetails/index.en.jsp
Prof. Stefan Dziembowski, PhD of University of Warsaw https://www.crypto.edu.pl/Members/Dziembowski
Technical Papers for further reading:- General State Channel Networks https://eprint.iacr.org/2018/320
Virtual Payment Channel Hubs http://eprint.iacr.org/2017/635
Multi-Party Virtual State Channels https://eprint.iacr.org/2019/571
Recommended Holiday Readings (Affiliated Links)The Fire S...
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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/
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Sorry to everyone who expected a publication yesterday. We are still experimenting with the publication times and weekdays.
InterviewIn this interview, Joe talks to Jacob (https://www.linkedin.com/in/jacob-wedderburn-day-499258111/, https://www.crunchbase.com/person/jacob-wedderburn-day), the CEO, and co-founder of the London-based startup stasher (https://stasher.com/, https://www.crunchbase.com/organization/citystasher). Stasher is similar to an Airbnb for luggage, where you can store your luggage on the day of departure at certain tourist hotspots and still do some sightseeing.
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JacobDuring the interview, Jacob tells the story, how he came from studying economics to “real” business and how Airbnb paved part of the way for their startup idea. As usual for Joe, the interview goes sometimes off on some tangents. You will find the links below and if you watch the video interview, you also get to see the strange phone booth in all its abstract glory … Tune in to learn more
Alternatively, we wanted to call the Interview: “Stasher your reason to visit a dog café in Canada“
Further ReadingDuring the interview both are talking about:
Economic downturn 1907 https://www.federalreservehistory.org/essays/panic_of_1907Economic downturn 2008 https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308“Flying Saucers from Men in Black I” https://en.wikipedia.org/wiki/New_York_State_PavilionEuston Station London https://en.wikipedia.org/wiki/Euston_railway_stationKings Cross Station London https://en.wikipedia.org/wiki/London_King%27s_Cross_railway_stationStasher at Time Square in New York City https://stasher.com/luggage-storage/new-york/times-square
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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/
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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 _
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Tech Startups Germany - By Startuprad.ioThis is the first video of our new 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).
You can find this specific channel here as audio and video stand-alone podcast or via all channels of Startuprad.io.
Frankfurt as a location is good from an international recruiting standpoint, since Frankfurt has a really really great reputation.
VC FundingIn this interview, Joe from Startuprad.io is talking to Florian Brokamp (https://www.linkedin.com/in/florian-brokamp-5a329876/), CEO of Thinksurance (https://thinksurance.de/en/start/), a Frankfurt-based insurtech startup. The fintech just raised 13 mn venture capital (https://www.policendirekt.com/en/thinksurance-raises-e13m-in-series-b-funding/) so Startuprad.io took the opportunity and stop by on short notice to ask one of the founders what they will do with all the money.
Startup is not about the events, it is not about “raising big”… its more important to believe in yourself, be happy and create your vision.
ThinksuranceFirst some information on the startup: Thinksurance is the leading commercial insurance distribution platform in Germany. Its technology connects insurers, distributors from all sales channels and business customers on its intelligent analytics and distribution platform. The company was founded in Frankfurt, Germany, first entered the market in 2016 under the brand “Gewerbeversicherung24” and was rebranded in 2019. By now, the insurtech has almost 50 employees and is led by its two founders Florian Brokamp and Christopher Leifeld as well as Vasil Vasilev and Timm Weitzel.
The insurtech is looking to increase headcount considerably and expand to other countries like France, Belgium and the Netherlands. As second priority they are looking to the USA and Asia.
Tune in the interview to learn more.
We would hope that in Germany in general and Frankfurt in specific there would be more support from the Government …
Learn more here:
https://www.startuprad.io/blog/thinksurance-connects-brokers-and-insurance-companies-on-their-platform/
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In this interview, Joe talks to Andrew Rhomberg (https://www.linkedin.com/in/arhomberg/) Founder and CEO at Jellybooks (https://www.jellybooks.com/), a startup based in London. The company is a marketing tech startup (martech) for the book publishing industry. Jellybooks has been called a “Goole Analytics for eBooks” by Wired and “Moneyball for publishing” by the New York Times.
“When someone reads 30 to 50 pages they read the whole book”
Jellybooks is a cutting-edge platform for collecting data and insights on book reading. The company offers free eBooks in exchange for the readers reading data. The books are provided free of charge by the Sponsors (either the author or the publisher). All the readers need to do in return is to click a button at the end of each chapter to send Jellybooks their reading data.
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).
“You can ruin a book by it’s cover”
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During the interview Andrew and Joe talk about:The book, by the late Nobel laureate in literature is called “one hundred years of solitude” by Gabriel García “Gabo” Márquez and is available here (AL) https://amzn.to/336TT1w You can learn more about this amazing author, who invented magic realism, here: https://en.wikipedia.org/wiki/Gabriel_Garc%C3%ADa_M%C3%A1rquez
You can also learn more about A/B Testing here: https://en.wikipedia.org/wiki/A/B_testing
“The book cover even influences if you recommend a book … I am judged by you what I recommend”
If you like to know what Joe likes, here is a hint: Peter F Hamilton (AL): https://amzn.to/2D3XG4V or here https://amzn.to/37no8ob
The Decline and Fall of the Roman Empire, 6 Vols. Vol. 1 - 3 (AL) https://amzn.to/2QCHaRn
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
OutlookDuring 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.
https://youtu.be/-bRuUIrMVKs
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In this interview, Joe talks to Uli, founder of Mitmalfilm. He is a professional animator and painter and he enables his project children from 4 to 7 to draw their own animated movie in a combination of coloring book and app. Learn more in the interview.
“We want to find a publisher for our coloring books”
You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio
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/
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).
You can learn more here: https://www.startuprad.io/blog/publications-until-end-of-november-thanksgiving/
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
Find all the links and show notes here: https://www.startuprad.io/blog/mitmalfilm-de-enables-even-the-worst-painters-to-make-an-animated-short-story/
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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).
Affiliated Links
Our Affiliate Partner
Co-Working
WeWork
Marketing / SEO / Graphics / Sounds and more
Fiverr
Email service?
G-Suite
Looking for a bank account for your startup? Have a look at our partner Penta
Penta Bank Account
Audible subscription: You can listen to Venture Capital books or entertainment on your way to work with an audible subscription
https://amzn.to/2pGzseh
https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/
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.
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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.
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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/
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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).
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In this interview, Joe talks to Jacob, Co-Founder, and CLO at Easy Correct, a startup based in Denmark. Their tool allows teachers to give better, more consistent feedback to students. Learn more in the interview.
You can learn more here: https://www.startuprad.io/blog/easy-correct-makes-teaching-better/
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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/
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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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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/
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In this video interview, we are talking to Mayra, who is in 7th Grade in Germany. She is attending high school in Germany, but besides that, she is working on her own fashion app. We have been very impressed by her business acumen since she wants to monetize the app with anonymized data about current trends and tastes. Here is her dad's LinkedIn profile, if you want to reach out: https://www.linkedin.com/in/imrankhansap
If this is the future of entrepreneurship in Germany, we are very happy and looking into a bright future.
The video interview was recorded at SAP next-gen stage at Entrepreneur University in Wiesbaden, Germany. Thank you to SAP Next-Gen for providing us space at their booth for the interviews.
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https://www.startuprad.io/blog/she-is-just-12-but-wants-to-start-her-own-startup/
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In this video interview, we are talking to Michael Weber (https://www.linkedin.com/in/michaelweber19/), Founder of Creators Collective (https://creators-collective.com/). They offer a white labeling service for corporates and startups from innovation to MVPs. They either work for small companies, like startups, who have no own product development team or department. They work in physical products and digital services. Their focus is medical products, where they can develop the product from a rough idea to the final licensing stage. They also worked for mobility startups and consumer products companies.
The video interview was recorded at SAP next-gen stage at Entrepreneur University in Wiesbaden, Germany. Thank you to SAP Next-Gen for providing us space at their booth for the interviews.
Find the post here: https://www.startuprad.io/blog/creators-collective-offers-a-white-label-service-for-product-development/
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This is the audio track of a video interview: https://youtu.be/kSukV8PUrk4
In this interview, we talk to Yoram Wijngaarde (https://www.linkedin.com/in/yoramdw/), founder of the data platform Dealroom.co (https://blog.dealroom.co/). He is a former employee of Lehmann Brothers New York (https://en.wikipedia.org/wiki/Lehman_Brothers), and during the interview, we talk about his experience of the collapse from the inside. After some stops in investment banking in New York, he went on to become employee No 2 of Noah Advisors, a boutique for startups in Berlin. During all of his work, he bumped into problems finding good data on the valuation of startups in Europe. Data for startups from the UK and US is easy to come by, but continental Europe was still a problem. He then set out to solve this problem with the founding of Dealroom.co.
During the interview Yoram and Joe talk about:
Mergers and Acquisition (Investment Banking – Takeovers, Mergers or Buyouts) https://en.wikipedia.org/wiki/Mergers_and_acquisitions
A small overview of company valuations
Multiples https://www.investopedia.com/terms/m/multiplesapproach.asp
DCF https://www.investopedia.com/terms/d/dcf.asp
Real Options https://www.investopedia.com/terms/r/realoption.asp
You can learn more about the valuation of options here (https://www.investopedia.com/terms/r/riskrewardratio.asp)
February Numbers 2019 https://blog.dealroom.co/february-broke-all-time-vc-investment-record-e2-9b-in-europe-e3-2b-including-israel/
RhineMain.vc, the project Joern initiated, which publishes venture funding on an aggregated basis for the greater Rhine-Main area: https://rheinmain.vc/ (the URL RhineMain.vc will redirect you to the same page)
“Germany is more restraint – conservative – with publishing [Venture Capital] numbers”
“Where venture capital ends and private equity begins or public markets begin, these lines are really blurring … this is what we are seeing and this is why the rounds get larger and larger”
“Are we in a bubble? Well, only time will tell … the market is still disciplined, with some exceptions … but we don’t see DotCom-Bubble Craze”
© Startuprad.io - All right reserved // Photo Yoram courtesy of Dealroom.co
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Startuprad.io brings you in a Frankfurt-to-New-York-Live-Hangout the startup news Germany.
Find the hosts here:
Joe Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)
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Startups.observer supports this program. Startups.observer is like online dating for startups and investors. It is by far the easiest and most efficient way to research potential investment candidates or look for potential investors. Learn more here: http://startups.observer/
Find all the links and show notes here: https://www.startuprad.io/blog/startup-news-germany-summer-july-august-september-2019/
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This interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/news/). We talk to Sulfotools (https://en.sulfotools.com), the Startup of the Month September 2019. In this interview, we talk to Christina Uth, the startup’s founder and Managing Director (https://www.linkedin.com/in/christina-uth-29293097/). In the interview, we learn how Christina went from studying chemical engineering to her Ph.D. and how they discovered by accident the basis for their startup. Sulfotools invented a new method for the production of peptides, which replaces very toxic components with water. Their method is greener, more sustainable and cheaper, than existing methods. They invented their new method by accident.
We are right now four people, but we are looking for investors to scale our production
Accidents, by the way, have a great tradition to bring humanity forward, like the discovery of penicillin, one of the world’s first antibiotics (https://www.pbs.org/newshour/health/the-real-story-behind-the-worlds-first-antibiotic).
We have developed easily scalable production processes to an industrial scale
Sulfotools is a STEM startup, which revolutionizes the production of peptides (https://en.wikipedia.org/wiki/Peptide), which are small biomolecules. They are used in cancer therapeutics, anti-aging products, and even food supplements. Commonly peptides are produced in a very toxic process and Sulfotools changes that. Their method replaces very toxic components in the production of peptides with water.
This is the last “startup of the month” interview ☹ since we reached the planned end of the Frankfurt Forward program. We hope that the program will be back soon!
We need laboratory space, so Frankfurt is very attractive for us
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This interview is a Labor Day Special.
We talk to Victor Hugo Gomez (https://www.linkedin.com/in/victor-hugo-gomez-2b65a719/) who is the founder of Frankfurt-based fintech BITA (https://www.bitadata.com/). Victor is originally from Venezuela, but his education and jobs brought him to Frankfurt. He is also an MBA alumnus of WHU (https://www.whu.edu/) and Northwestern Kellogg (https://www.kellogg.northwestern.edu/). Big high five to the guys from Tech.eu, where we found the publication of BITAs 1.25 mn VC round (https://tech.eu/brief/german-fintech-startup-bita-raises-e1-25-million-to-bolster-its-indexation-software/).
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BITA is a “deep fintech” so to speak, it allows the calculation of tailored indices. Any investor, asset manager, bank, wealth manager, pension fund or insurance company can pay BITA to calculate indices, which they are putting together (given the data is available). You can learn more about him, the company and ideas in our interview.
We are sorry for the sometimes-blurry video, but we are sure you can get the important information anyways.
During the interview Victor and Joe are talking about:
Asset allocation / Asset selection (https://www.investopedia.com/terms/a/assetallocation.asp)
Pension fund (https://www.investopedia.com/terms/p/pensionplan.asp)
Financial Index (https://www.investopedia.com/terms/i/index.asp)
DAX – Germany’s leading stock market index (https://www.investopedia.com/terms/d/dax.asp)
“Dow Jones” – Dow Jones Industrial Average (https://www.investopedia.com/terms/d/djia.asp)
S&P500 (https://www.investopedia.com/terms/s/sp500.asp)
MSCI Emerging Markets (https://www.investopedia.com/terms/e/emergingmarketsindex.asp)
ETFs (https://www.investopedia.com/terms/e/etf.asp)
Lehman Aggregated Bond Indices / Now Bloomberg Barclays Aggregate Bond Index (https://en.wikipedia.org/wiki/Bloomberg_Barclays_US_Aggregate_Bond_Index)
Commodity Index (https://en.wikipedia.org/wiki/Commodity_price_index)
Weather Derivatives (https://en.wikipedia.org/wiki/Weather_derivative)
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Find the original interview here: https://www.startuprad.io/blog/my-career-and-child-is-a-virtual-community-to-help-coping-with-family-and-career/
In this interview, we are talking to Carolina Yeo (https://www.linkedin.com/in/carolinayeo/), Founder of Mycareerandchild.com (https://mycareerandchild.com). My career and child is a virtual community to help women and men achieve the next steps in their career with coping family and career. The program already works with many household names in the German corporate space, but it is a virtual program and therefore the program is global.
The video interview was recorded at SAP next-gen stage at Entrepreneur University in Wiesbaden, Germany. Thank you to SAP Next-Gen for providing us space.
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You listen to the audio track of a youtube interview. Find the original interview here: https://www.startuprad.io/blog/citkar-is-no-real-e-bike-nor-a-car-nor-a-motorbike-but-it-is-great/
In this interview, we continue our interview series from Aufschwung-Messe in the Frankfurt Stock Exchange building. In this 5th interview, we are talking to Jonas Kremer (https://www.linkedin.com/in/jonas-kremer-104614108/), CEO and Founder of CitKar (https://citkar.de/). The citkar is a heavy-duty e-bike, which you can assist by peddling and the impulse will be transferred.
CitKar is already the delivery vehicle of Zalando within Berlin. At the time of the recording, Jonas was just 24 years old. Keep track of him, he may be one of the successful entrepreneurs.
Currently, CitKar can produce 1.000 Loadsters, but they are looking for Venture Capital investors to expand their capacity.
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This interview is part of a series of interviews done at the Aufschwung Messe in Frankfurt, one of the large startup and entrepreneur fairs in Germany, with the backing of multiple sponsors and public institutions. You can learn more about the fair here (German only): https://www.aufschwung-messe.de/ and don’t forget the founder of the fair, Burkhard. Burkhard runs one of Germany’s most frequented and renown business blogs, where he introduces his readers to one new business model a day in German, adding up to more than 7.750 in 5.00 days (almost 14 years). Learn more here https://www.best-practice-business.de/
Thank you for watching this video.
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Find the interview and all show notes here: https://www.startuprad.io/interviews/ult-holds-the-us-patent-for-a-universal-translator/
In this interview, we continue our interview series from Aufschwung-Messe in the Frankfurt Stock Exchange building. In this 4th interview we are talking to Reginald Dalce (https://www.linkedin.com/in/reginald-dalce-935b9164/), CEO and Founder of Universal Language Translator ULT (https://ult-speaks.com/). They are working on an already functioning translation app, which translates one natural language to another natural language. Right now, they are looking for investors to keep working on an API to get their vocabulary translated for specific areas e.g. medicine, engineering and so forth.
Reginald carries around a US Patent, which he holds for his software: https://ult-speaks.com/160
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This interview is part of a series of interviews done at the Aufschwung Messe in Frankfurt, one of the large startup and entrepreneur fairs in Germany, with the backing of multiple sponsors and public institutions. You can learn more about the fair here (German only): https://www.aufschwung-messe.de/ and don’t forget the founder of the fair, Burkhard. Burkhard runs one of Germany’s most frequented and renown business blogs, where he introduces his readers to one new business model a day in German, adding up to more than 7.750 in 5.00 days (almost 14 years). Learn more here https://www.best-practice-business.de/
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This is a sponsored interview, by the Merck Accelerator program. In this interview, we talk to Munya Chivasa (https://www.linkedin.com/in/munya-chivasa-72a9a3b/), head of the Merck Accelerator.
This time the accelerator has a new application phase open until August 25th, 2019. Merck is looking for startups in the areas of Bio-Sensing and Interfaces, Liquid Biopsy, Clean Meat, or AI-enabled health solutions. You can apply here: https://www.merckgroup.com/en/research/innovation-center/accelerator/hq-program.html
In the past, we talked to many of the startups of the accelerator program. You can find all the interviews here: https://www.youtube.com/watch?v=ZHJfUAZyntU&list=PLUbiCAQc22WtH8HnTZ6FJxVw5rV1i8Ntj
Find all the links here: https://www.startuprad.io/blog/sponsored-merck-is-looking-for-startups-in-bio-sensing-and-interfaces-liquid-biopsy-clean-meat-or-ai-enabled-health-solutions/
The Merck Accelerator is not a classic accelerator but a collaboration-maker: "You could find anything from a supplier, a customer or a project partner in Merck", explains Munya - Head of the Merck Accelerator.
At Merck´s futuristic Innovation Center situated in the company’s headquarters in Darmstadt, the Merck Accelerator team supports startups from the very beginning: Enabling the right connections at Merck and developing a visionary partnership. Over the course of three months, together they explore the unexplored and welcome startups as part of their community of curious minds.
Which kind of startups are they looking for? They are interested in startups breaking new boundaries in the fields of Liquid Biopsy, Bio-Sensing & Interfaces, Clean Meat and other company core areas, such as Healthcare, Life Science and Performance Materials. The goal: to join forces in order to co-create solutions and make an impact in tackling the challenges of humanity.
Watch the full interview and apply now for the next Merck Accelerator intake in 2020! Applications are open until the 25th of August 2019.
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You are listening to the audio track of one of our remote video interviews. Find all the links and transcript here: https://www.startuprad.io/blog/minds-medical-is-a-big-data-startup-which-helps-hospitals-with-their-unstructured-data/
This interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/startups-of-the-month). We talk to MINDS-Medical (http://minds-medical.de/), the Startup of the Month July 2019. In this interview, we talk to Lukas Naab, the startup’s co-founder and CEO (https://www.linkedin.com/in/lukas-naab-42b6a423/). In the interview, we learn how Lukas went from studying medicine to political sciences and comparative religious studies, only be back with a startup in healthcare in 2016.
Find more information and the complete transcript here: https://www.startuprad.io/blog/minds-medical-is-a-big-data-startup-which-helps-hospitals-with-their-unstructured-data/
Minds Medical’s algorithm helps with unstructured medical data, in the coding of patient treatment and the invoicing of them. Their main tool is an OCR software, with an NLP-AI behind it. The team of MINDS-Medical estimates a 50%-60% productivity improvement in coding processes with their tool.
Minds Medical’s algorithm can also help with medical risk analysis for insurance companies. The tool can be applied in health insurance and life insurance. The MINDS-Medical team estimates a 30% efficiency improvement with their tool. The tool currently helps to improve the decisions with their tools by 10-15%.
The startup is an Unibator Alumni (http://goetheunibator.de/?lang=en), which is the startup accelerator program of Goethe University in Frankfurt.
The startup already received seed financing in 2018 and is already talking to potential investors for a Series A financing round end of 2020. If you want to talk to them, reach out to us.
During the interview Lukas and Joe are talking about:
• Zentrale Vergabestelle für Studienplätze (available in German only on Wikipedia): https://de.wikipedia.org/wiki/Stiftung_f%C3%BCr_Hochschulzulassung
• Appendicitis: https://en.wikipedia.org/wiki/Appendicitis
• DRG reimbursement (link not from the German System, but in English): https://www.verywellhealth.com/how-does-a-drg-determine-how-much-a-hospital-gets-paid-1738874
• OCR https://en.wikipedia.org/wiki/Optical_character_recognition
• NLP https://en.wikipedia.org/wiki/Natural_language_processing
• Berufsunfähigkeitsversicherung (yes, that is a proper German word) translates to Occupational Disability Insurance, here is an example in English, but again not covering the German system: https://www.investopedia.com/terms/o/ownoccupation_policy.asp
• Interview ottonova (audio only): https://www.startuprad.io/interviews/exclusive-first-english-interview-newly-founded-digital-health-insurer-ottonova/
• Interviews with the startups of Merck Accelerator Program (sponsored content): https://www.youtube.com/watch?v=ZHJfUAZyntU&list=PLUbiCAQc22WtH8HnTZ6FJxVw5rV1i8Ntj
When I saw that some of the processes in the health care system suck, I just asked myself „how can we fix that”.
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Find the original interview here: https://www.startuprad.io/blog/it-seal-helps-companies-to-train-their-employees-in-cyber-security/
In this interview, we continue our interview series from Aufschwung-Messe in the Frankfurt Stock Exchange building. In this 3rd interview we are talking to David Kelm (https://www.linkedin.com/in/david-kelm-it-seal/), CEO of IT-Seal (Social Engineering Analytics Laboratory https://it-seal.de/), which is a cybersecurity company helping corporates to train their employees in IT security, especially phishing emails. David started out with the company with his master thesis, for which he just wanted to generate quantitative data on social engineering.
“We do our research on the dark side”
“To be a bad guy, you need to be creative”
“Websites like Glassdoor and kununu are really interesting for attackers”
“… on your LinkedIn profile, you should not make your contacts publicly available”
“At the beginning of the training, the management level klicks the most [on phishing links]”
“we are looking for Venture Capital Investors – We are in the middle between Seed and Series A”
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Find all the Instagram postings from Joe here on our Instagram account:
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During the interview we talk about:
BSI – The German “Federal Office for Information Security” https://www.bsi.bund.de/EN/Home/home_node.htmlWorkers Council https://en.wikipedia.org/wiki/Workers%27_council
This interview is part of a series of interviews done at the Aufschwung Messe in Frankfurt, one of the large startup and entrepreneur fairs in Germany, with the backing of multiple sponsors and public institutions. You can learn more about the fair here (German only): https://www.aufschwung-messe.de/ and don’t forget the founder of the fair, Burkhard. Burkhard runs one of Germany’s most frequented and renown business blogs, where he introduces his readers to one new business model a day in German, adding up to more than 7.750 in 5.00 days (almost 14 years). Learn more here https://www.best-practice-business.de/
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Find all the links to the video and the transcript of the interview here: https://www.startuprad.io/blog/evum-motors-wants-to-bring-emobility-to-sub-saharan-africa/
In this interview, we talk to Dominik Fries (https://www.linkedin.com/in/dominik-fries-6b34a662/) the head of business development of the mobility startup Evum Motors (https://www.evum-motors.com/). Evum Motors provides electronic powered vehicles for transportation in rural Africa. The small delivery truck has a range of 100-200km, with all-wheel drive, for a payload of up to one metric ton. The solar panels on top of the drivers' cabin can extend this range by approx. 10 km.
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LEAN: Ultimate Collection - Lean Startup, Lean Analytics, Lean Enterprise, Kaizen, Six Sigma, Agile Project Management, Kanban, Scrum
LEAN: Ultimate Collection - Lean Startup, Lean Analytics, Lean Enterprise, Kaizen, Six Sigma, Agile Project Management, Kanban, Scrum
LEAN: Ultimate Collection - Lean Startup, Lean Analytics, Lean Enterprise, Kaizen, Six Sigma, Agile Project Management, Kanban, Scrum
How To Launch a Startup: An easy to understand 9-step guide to make your startup idea a real business
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How To Launch a Startup: An easy to understand 9-step guide to make your startup idea a real business
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The idea of this truck was developed at Technical University Munich, together with local universities in Africa (https://www.acar.tum.de/index.php?id=5&L=0)
There are several adaptations of the model, which can be deployed for different purposes (transportation of euro pallet, cooling unit, snow cleaning, medical station, road maintenance, transportation of up to 10 people and much more).
You can pre-order here: https://www.evum-motors.com/reservierung/
The car will be available in Africa 2021 and they target Latin America as a next step.
Evum Motors is looking for investors for their Series A.
This interview is part of a series of interviews done at the Aufschwung Messe in Frankfurt, one of the large startup and entrepreneur fairs in Germany, with the backing of multiple sponsors and public institutions. You can learn more about the fair here (German only): https://www.aufschwung-messe.de/ and don’t forget the founder of the fair, Burkhard. Burkhard runs one of Germany’s most frequented and renown business blogs, where he introduces his readers to one new business model a day in German, adding up to more than 7....
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You are listening to the audio track of the regular Frankfurt-to-New-York-Live-Hangout the startup news GermanyWe announce all our live streams on Meetup. Join our meetup group there, it is for free and you won’t miss a stream https://www.meetup.com/Startup-Couch-TV-Talks/
For logistic reasons, this news recording was done upfront. We will bring you the September News live again.
Startuprad.io brings you in a Frankfurt-to-New-York-Live-Hangout the startup news Germany.
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GlobalUSAEuropeGermanyCo-WorkingWeWorkWeWorkWeWorkWeWorkMarketing / SEO / Graphics / Sounds and moreFiverrFiverrFiverrFiverrEmail service?G-SuiteG-SuiteG-SuiteG-Suite Books we likeIntroduction to Venture Capital Introduction to Venture CapitalIntroduction to Venture CapitalIntroduction to Venture Capital LEAN: Ultimate Collection - Lean Startup, Lean Analytics, Lean Enterprise, Kaizen, Six Sigma, Agile Project Management, Kanban, ScrumLEAN: Ultimate Collection - Lean Startup, Lean Analytics, Lean Enterprise, Kaizen, Six Sigma, Agile Project Management, Kanban, ScrumLEAN: Ultimate Collection - Lean Startup, Lean Analytics, Lean Enterprise, Kaizen, Six Sigma, Agile Project Management, Kanban, ScrumLEAN: Ultimate Collection - Lean Startup, Lean Analytics, Lean Enterprise, Kaizen, Six Sigma, Agile Project Management, Kanban, Scrum How To Launch a Startup: An easy to understand 9-step guide to make your startup idea a real businessHow To Launch a Startup: An easy to understand 9-step guide to make your startup idea a real businessHow To Launch a Startup: An easy to understand 9-step guide to make your startup idea a real businessHow To Launch a Startup: An easy to understand 9-step guide to make your startup idea a real business Zero to One: Notes on Startups, or How to Build the FutureZero to One: Notes on Startups, or How to Build the FutureZero to One: Notes on Startups, or How to Build the FutureZero to One: Notes on Startups, or How to Build the FutureLearn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/
Find the hosts here:
Joe Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018)
Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)
Find all the show notes here: https://www.startuprad.io/blog/video-startup-news-germany-may-and-june-2019/
Scheduling Message - Summer BreakHi, Joe here. I came back from the moving break and so we do today two months of startup news compressed.
We will have our normal summer break after this news podcast, and be back with a summer news-wrap-up end of September. Until then we will publish one interview a week.
Sponsoring MessageStartups.observer supports this program. Startups.observer is like online dating for startups and investors. It is by far the easiest and most efficient way to research potential investment candidates or look for potential investors. Learn more here: http://startups.observer/
Find all the show notes here: https://www.startuprad.io/blog/video-startup-news-germany-may-and-june-2019/
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You are listening to the audio track of a video interview conducted via Google Hangouts. Again the screw-up fairy was visiting us with CASHLINK, the last few minutes of the interviews did not get recorded by the server.
This interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/startups/cashlink).
In this interview, we are talking with Michael Duttlinger, who is Co-Founder and CEO of CASHLINK. CASHLINK is a tokenization platform for startups, where they can tokenize phantom shares.
You can learn more about the technical aspects and what CASHLINK does in our audio-only podcast here: https://www.startuprad.io/interviews/cashlink-wants-to-digitalize-venture-capital/
They are one of the rare startups working on digitizing Venture Captial. This appears to be a new trend, sometimes called VentureTech
Due to the recent interview with CASHLINK, we focus more a bit on the German VC scene, rather than the startup itself. You can learn a lot about the functioning of the German VC market during this interview.
During the interview we are talking about:
• Rhine-Main-Area: https://en.wikipedia.org/wiki/Frankfurt_Rhine-Main
• RhineMain.vc: https://rheinmain.vc/ or go directly to the Medium Blog: https://medium.com/@RhineMainVC
• Handelsregister (Germany’s company register): https://en.wikipedia.org/wiki/Company_register
In a startup with three founders, one is only focused on raising venture capital.
We want to reduce the time a founder spends on raising venture capital.
We thought: Venture capital can be more flexible and easier.You can find some impressions from Michael, from the interview on our Instagram account: https://www.instagram.com/p/BypfdviA5D_/
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You are listening to the audio track of an online video interview. Find the video here: https://youtu.be/jhpqAJhLZ3g
In this interview, we talk to one of the underdogs, a deep tech startup in the area of energy storage. We talk to Lei Shen, she is the founder of Sax Power GmbH (http://www.sax-ulm.de/Home). The startup is still in a very early stage. None the less they are working on a technology to rival Tesla. Other than current battery manufacturers, who are using active and passive balancing technology in their Lithium-Ion batteries, SAX Power uses a new technology they call rotating balancing. They claim with their technology a longer lifetime of the battery packs with equal weight. The technology has its greatest advantage with an even energy use. They are definitely a startup; we will keep track of.
Sax Power is looking for investors, as well as development partners in the automotive and shipping industry.
“We are very sure our technology is far better than the one of Tesla.” Lei Shen
"We can even solve a problem, Tesla can’t. We can shut down our battery in 0.2 seconds. This reduces the fire risk by a factor of 10.000 during a car crash” Lei Shen
“We are looking for an investor from Germany or the USA” Lei Shen
This interview is part of a series of interviews done at the Aufschwung Messe in Frankfurt, one of the large startup and entrepreneur fairs in Germany, with the backing of multiple sponsors and public institutions. You can learn more about the fair here (German only): https://www.aufschwung-messe.de/ and don’t forget the founder of the fair, Burkhard. Burkhard runs one of Germany’s most frequented and renown business blogs, where he introduces his readers to one new business model a day in German, adding up to more than 7.750 in 5.00 days (almost 14 years). Learn more here https://www.best-practice-business.de/
👉 If you enjoy this episode please like and share it.
👉 Don't forget to subscribe to this channel for more updates
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Thank you for watching this video.
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This is the audio track of an interview via Google Hangouts. You can find the video here: https://www.startuprad.io/blog/thinkowl-wants-to-take-over-the-european-market-from-zendesk/
In this Google Hangout, we are talking to ITyx, an AI startup from Berlin.
Andreas is heading the Working Group “Artificial Intelligence” at Bitkom (https://www.bitkom.org/) Germany’s IT and Telecommunications Association (likely one of the largest trade groups for digitized business in the whole world).
He is CMO of ITyX (pronounced ITIX https://www.ityx.eu/) (https://www.linkedin.com/in/andreasklugityx/) a Hidden Champion from Germany in the field of AI. In his ebook „The future of Human-Machine-Collaboration“ published on thinkowl (https://www.thinkowl.com/) he is taking a view on our future workplaces.
ThinkOwl is an omnichannel service desk software that tries to give Service Reps exactly the information they need to finish their tasks. Studies suggest people spent 20% of their working hours to search for contextual information. ThinkOwl provides contextual information with the tickets. Companies like Ikea or Samsung are already working with ITyX tools. ITyX is a spin-off of University of Koblenz-Landau (https://en.wikipedia.org/wiki/University_of_Koblenz_and_Landau). Andreas has more than 25 years of experience, working in large and small companies, before joining ITyx.
During the interview we are talking about:
Deutsche Telekom (Germany’s former monopoly telecoms provider, now listed at Frankfurt Stock Exchange): https://en.wikipedia.org/wiki/Deutsche_Telekom
Deutsches Zentrum für Künstliche Intelligenz (https://www.dfki.de/web/)
Germany has a lot of small and medium enterprises, in German “Mittelstand” or KMU (https://en.wikipedia.org/wiki/Mittelstand)
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You are listening to the audio track of a YouTube interview. You can find the original video here: https://youtu.be/iDN5GF8l5VM
In this interview, we talk to Saravana Sivasankaran (https://www.linkedin.com/in/saravana-s-979a9012/), Co-Founder of Marlo Technologies (https://www.marlo.online/). Marlo is headquartered in London but runs a global business: They are a global B2B financing marketplace for ocean freight. Via this platform, they help to pre-finance trips for freighters, for small freight companies to execute their contracts. Usually, they provide 100k -300k US$ loans. Learn more during the interview. They also provide with they AI a unique risk rating, taking into account factors relevant in shipping (weather, bunkering, congestions, …).
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This audio podcast is the audio track of an interview conducted via Google Hangout. You can find the original interview here: https://youtu.be/XPmY-lq3umY
This interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/news/startup-of-the-month-inga-setzt-neue-standards).
We talk to Inga (formerly Inga.one) (https://inga-gmbh.de/), the startup of the month of May 2019. In this interview, we speak with Corinna Haas (https://www.linkedin.com/in/corinna-haas-33321799/) CEO & Co-Founder of Inga. We talk to her how bots work in recruiting, about vocational training in Germany and how this leads to sought after specialist, Inga is helping to recruit.
Further Links:
• Old interview with Kim Körber, also a co-founder of Inga, dating back to November 2017 https://youtu.be/nLBqbqTPPOg
• Vocational training in Germany https://www.make-it-in-germany.com/en/study-training/training/vocational/system/ or https://www.bmbf.de/en/the-german-vocational-training-system-2129.html
• Rhine-Main https://en.wikipedia.org/wiki/Frankfurt_Rhine-Main
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This podcast is the audio track of a YouTube interview. Find the video interview here: https://youtu.be/9r0zuq5cyfc
In this interview, we talk to Leitha Matz (https://www.linkedin.com/in/leithamatz/), Co-Founder and COO of the personal finance app Zuper (https://www.getzuper.com/). Zuper is headquartered in Munich but launched already in Germany and Austria. They are looking to expand in the European Union. They are in the process of getting an EU Banking License and looking for partners to cooperate like robo-advisors, insurtech, and other finance-related apps. If you want to be a partner, reach out here, there is a dedicated email for potential partners (https://www.getzuper.com/imprint).
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You are listening to the audio track of a video interview. Find the video here: https://www.startuprad.io/blog/my-fashionary-com-connects-online-and-offline-fashion/
In this interview, we talk to Beatrix v. Winterfeldt-Heuser, co-founder of My-Fashionary, management consultant and mother of two.
My-Fashionary.com is a fashion platform where you can find independent designers, who design premium fashion you won’t find anywhere on the high street. Since the designers and the brands are not known yet they decided to combine online and offline fashion. For example, did they have a pop-up store in Berlin’s Friedrichstrasse at the beginning of 2018.
My-Fashionary just did a pivot. Before they have been a platform for high-end fashion boutiques, which did not work. They even worked with external developers and had to throw everything into the bin at for a re-launch. Now you can buy high-end fashion form the designers directly via their platform, cutting out the middle (wo)men and enable unknown designers to build up a customer base. They now work with a unique way of social selling they developed.
“People get bored by the always similar high street shopping experience. It is always the same whether you are in London, Singapore, Berlin or Frankfurt”
“If you don’t know it will work, work with bootstrapped stuff, that already exists”
You can learn more about their pop-up store in Düsseldorf here with this behind-the-scenes video: https://www.youtube.com/watch?v=8KByEAU73qg
You can learn more about the company here: https://my-fashionary.com/
Or follow their Instagram account for inspirations: https://www.instagram.com/my_fashionary/
https://www.instagram.com/p/-kSCt1ipsU/
Or YouTube here: https://www.youtube.com/channel/UCGhQPbP_W3cdhuYIYYwECJA
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You are listening to the audio track of a video interview. Find the video interview here: https://www.startuprad.io/blog/mindzip-is-like-instagram-for-great-ideas/
In this interview, Startuprad.io talks to Torsten F. Caspar (https://www.linkedin.com/in/torstencaspar/), CEO and Founder of MindZip (https://mindzip.net/). MindZip is a platform to take notes online, share them in teams and if you wish also share them in the network, much like Instagram for great ideas.
we will become something like Wikipedia for compressed knowledge
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 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.
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You are listening to the audio track of a video interview from Euro Finance Tech 2018: https://www.startuprad.io/blog/investsuite-is-a-wealthtech-startup-which-offers-personalized-advice/
In this interview, Startuprad.io talks to Joeri Van Cauteren (https://www.linkedin.com/in/joeri-van-cauteren-b2306117/) – Growth Product Manager and Hederik Laloo – Growth Manager (https://www.linkedin.com/in/hederiklaloo/) both working at the Belgian based startup Investsuite (https://www.investsuite.eu/). Investsuite is a wealthtech startup, which offers personalized advise for investments below the usual wealth management thresholds, often at 250.000 US$ or more https://www.investopedia.com/articles/professionals/111715/private-banking-vs-wealth-management-not-quite-same.asp. The focus of Investsuite is more on safety than on return.
Learn more about their venture capital investment here: https://siliconcanals.nl/news/startups/seed-for-digitisation-this-belgian-wealthtech-startup-raises-e2m-for-rd/
We are media partners of Euro Finance Tech and we have been there to talk to some startups for you.
We really enjoyed Euro Finance Tech, you will find some outtakes during our 12 days of Christmas and you can also have a look at our Instagram profile https://www.instagram.com/p/BqKMohindtd/
During this interview we talk about:
Markowitz Portfolio Theory: https://www.investopedia.com/terms/m/modernportfoliotheory.asp by Harry Markowitz https://en.wikipedia.org/wiki/Harry_Markowitz
Normal distribution: https://en.wikipedia.org/wiki/Normal_distribution
Value at risk: https://en.wikipedia.org/wiki/Value_at_risk
Conditional value at risk: https://de.wikipedia.org/wiki/Conditional_Value_at_Risk
Joern wanted to ask for the Power Ball numbers, not the Super Bowl numbers … sorry, but they would have been on Sat, Nov 17, 2018: 8, 6, 68, 20, 52, 5
Find the takeouts here: https://youtu.be/Ql56-DAiP1c
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Thank you for watching this video.
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NOTE: There will be now May 2019 News, since Joern moves to a new apartment. You can expect the next startup news Germany in June 2019. Then we will take our summer break and we will be back at the end of September. Don't worry, we have enough material to keep publishing during the summer break.
We announce all our live streams on Meetup. Join our meetup group there, it is for free and you won’t miss a stream https://www.meetup.com/Startup-Couch-TV-Talks/
Startuprad.io brings you in a Frankfurt-to-New-York-Live-Hangout the startup news Germany. Have a look down here, you will find a link to our blog post with all the links and our text.
https://www.startuprad.io/blog/startup-news-germany-live-video-stream-april-2019-by-startuprad-io/
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You are listening to the audio track of a video, recorded at the Euro Finance Tech, November 2018: Find the original publication here: https://www.startuprad.io/blog/easysend-will-convert-any-existing-form-into-a-digital-process/
In this interview, Startuprad.io talks to Meirav Peleg Landau - VP of Business Development - EasySend (https://www.linkedin.com/in/meiravpeleglandau). Easysend is a workflow assistance tool, which helps to digitize formerly manual processes and update information automatically. Learn more here: https://easysend.io/
We are media partners of Euro Finance Tech and we have been there to talk to some startups for you.
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The interview was conducted as part of our participation at the Benzinga Global Fintech Awards (bzawards.com).
We are talking to Markus Wunsch (https://www.linkedin.com/in/markuswunsch/), CEO, Founder, and Chairman of the insurance startup MountWish (http://www.mountwish.org/). They made 2nd at the Benzinga Global Fintech Awards in New York in the category Forex Platform (https://benzingafintechawards.com/vote-2018/mount-wish/). The startup is in the process of relocating from Munich to New York as preparation of their planned 2019 IPO at the New York Stock Exchange. Learn more in the interview, e.g. how he came by an overdraft for his private account of 10 mn Euros and when he is planning to raise a pre-IPO venture capital round.
During the conversation Markus and Joern talk about:
Solvency II https://en.wikipedia.org/wiki/Solvency_II_Directive_2009
Forex is short for Foreign Exchange Market (the global currency market) https://en.wikipedia.org/wiki/Foreign_exchange_market
Exposure: https://www.investopedia.com/terms/f/financial-exposure.asp
Netting: https://www.investopedia.com/terms/n/netting.asp
Hedging: https://www.investopedia.com/exam-guide/series-3/studyguide/chapter3/hedging.asp
Derivatives (In general): https://en.wikipedia.org/wiki/Derivative_(finance)
Forwards (Derivatives): https://en.wikipedia.org/wiki/Forward_contract
Futures (Derivatives): https://en.wikipedia.org/wiki/Futures_contract
SPV – Special Purpose Vehicle https://en.wikipedia.org/wiki/Special-purpose_entity
For everybody who is curious, this is how Joern looks deep in stress and jetlag ☹
Find the original interview here: https://youtu.be/efXZYpsRl1A
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We have been for you at the Golden Garage, the investors side German Fintech Awards. Joern has been able to snatch you 3 of the 6 category winners, but you can learn more on the website of the award.
http://fintechgermanyaward.de/?lang=en
We are very happy for the seed-stage winner, called awamo. Not only are they a for-profit social startup, but we had the world premiere with them, in our podcast. In 2015 they were still called BCB Biometric Credit Bureau and the interview was conducted in German (therefore it went offline with the shutdown of the podcast Startupradio.de).
Learn more on their website: https://awamo.com/
OptioPay is a white labeling solution to convert money into higher value gift cards. They offer their service to banks. Learn more on their website: https://www.optiopay.com/
Exporo took the PropTech award home. They are the market leader in Germany for Real Estate Crowdfunding. They have a market share of more than 70% of this market within Germany. They are looking to expand in Europe. Learn more on their website: https://exporo.de/
You can find the video interview here: https://youtu.be/KgRzjIi-Kr0
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Today we talk with Dominik Benner (https://www.xing.com/profile/Dominik_Benner2/cv), who inherited a 125 years old company, which he turns in a modern shoe shopping platform. Learn in this interview, how he is transforming the “old” company in a new startup, Schuhe24.de, which is one of Germany’s leading platforms for online shoe selling. The interesting part is, that Schuhe24 is working with established shoe stores, enabling them to sell online in several online stores with the connection to their platform.
They are looking to expand internationally in 2018. They would also be open to investors since they eye two or three potential takeover targets.
For the history geeks, what Germany businesses went through:
• Break down of Danat Bank in 1922 (https://en.wikipedia.org/wiki/Danatbank), starting a banking crisis in Germany.
• The Hyperinflation in Germany during the Weimar Republik (https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic)
Find the video interview here: https://youtu.be/OrvrS7L4De4
Our website:
http://www.startuprad.io
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In this interview, we talk to Dimitri Gaertner (https://www.linkedin.com/in/dimitri-g%C3%A4rtner-31123676/) founder of FRAMEN (https://www.myframen.com/). FRAMEN is a Frankfurt-based startup, which offers photo streaming to their device or on their USB stick. They intend to do to photography, what Spotify did for music. They also talk exclusively in our interview about their intention to raise venture capital.
The company was one of the winners of the WeWork Creator Awards (https://www.startupvalley.news/de/creator-awards-berlin/) and has already finished one successful crowdfunding campaign for their frame, which you can see in the back at the interview.
The USB stick from the video is their B2B product and is coupled with a subscription model, where restaurants, medical practices or companies could stream quotes and photos to screens in their waiting rooms or offices. Startuprad.io will also be available on this device. You can find the Kickstarter campaign here: https://www.kickstarter.com/projects/1303925469/stream-your-photos-to-any-screen-framen-tv-stick
The company wants to talk to creatives and photographers who want to rent out their artwork or photographs.
During the interview, Dimitri refers to
• this video, where they build a prototype of their frame: https://www.youtube.com/watch?v=9AkrvnnJ7sE
• To their first Kickstarter campaign https://www.kickstarter.com/projects/1303925469/the-smartest-photography-gadget-the-framen-player?lang=de
• The app https://www.myframen.com/
find the video interview here: https://www.startuprad.io/blog/framen-wants-to-make-photography-great-again/
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This interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/startups/panalis). You are listening to the audio track of our video interview. You can learn more here: https://www.startuprad.io/blog/video-interview-panalis-solutions-identifies-upcoming-legal-and-regulatory-topics-early-on/
We talk to PANALIS Solutions (https://www.panalis.de/en/company/), the startup of the month of April 2018.
We talk to the two founders of PANALIS Reza Eshtiagh (https://www.linkedin.com/in/reza-eshtiagh-8823a549/) and Zafar Khan (https://www.linkedin.com/in/khanzafar/), both managing partners at PANALIS.
The company helps startups, corporates, political parties and associations to track trends in politics and regulations and identify upcoming topics early on, nearly in real time.
PANALIS is currently looking for investors to scale further!
"Frankfurt is more than just a perfect location for our business."
Reza Eshtiagh
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CashLink is a tokenization platform based in Frankfurt. The startup helps other startups to issue securities in the form of security tokes. Their idea comes from their own experience in raising venture capital, they still remember the pain of raising venture capital in an all paper-based environment. They also lower the transaction cost for each VC round, based on their platform.
So they decided to take on that minor challenge of digitizing the German venture capital scene. CashLink is currently offering its service for startups in Germany and investors from the European Union, but they are working on extending their service to startups all over the European Union.
In this interview, we talk to Michael Duttlinger (https://www.linkedin.com/in/duttlinger/), CEO and Co-Founder of CASHLINK (https://cashlink.de/).
Joe interviewed Michael at the Fintech Hub of Deutsche Börse https://www.venture-network.com/dbvn-de/fintech-hub (here is the view (or parts of it) https://www.instagram.com/p/Bno9mWQBRp0/, which is located in the borough of Bornheim https://en.wikipedia.org/wiki/Bornheim_(Frankfurt_am_Main) in Frankfurt.
During the interview Michael and Joe talk about:
GmbH (German Version of an LTD) https://www.investopedia.com/terms/g/gmbh.asp, which is currently the standard legal form for startups in Germany.Stock Options: https://www.investopedia.com/terms/s/stockoption.aspPhantom Shares / Virtual Stock Options:o https://en.wikipedia.org/wiki/Phantom_stock
o https://www.investopedia.com/terms/p/phantomstock.asp
Primary Market: https://www.investopedia.com/terms/p/primarymarket.aspJoe talks about the German Commercial Registry: https://en.wikipedia.org/wiki/German_Trade_Register
The interview was conducted in February 2019 (that’s where the snow references come from).
Originally this interview was intended as a video interview, but the autofocus did not work.
Quotes:
The irony is that investors must go through a long and tiresome process to invest in a startup to get digitization started.
Jörn CashLink Interview
We want to digitize venture capital.
In our legal framework … you can sell your startup shares basically at any time at very low transaction costs, because it is now digital.
In the near future we will see more hybrid (financed) startups, wo have tokenized and non-tokenized shares.
Our framework is only for professional investors who ware used to invest in startups.
With us you can onboard investors very easily, on the go.
Michael Duttlinger CEO, Co-Founder CASHLINK
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In this interview, we talk to Dr. Daniel Bartsch, COO, and Co-Founder of Frankfurt-based creditshelf. It is a novelty since it IPOed successfully in Frankfurt in summer 2018 with a volume of 16.5 m Euros and so became (as of October 2018) the first - and for now only - listed pure-play fintech from Germany to be listed. Creditshelf is a credit market place, where small and medium businesses can lend money up to 5 mn Euros.
During this interview we talk about the startup, the IPO process and Daniel describes why the preparations for an IPO need as long as a baby.
In the interview, you will also learn why they are different from LendingClub or FundingCircle. If you speak German, you can also listen to the first interview from Joern with the CTO of creditshelf in the Fall of 2016 here: https://hearthis.at/startup/f09f948ainterviews-mit-3-gruendern-von-startups-auf-dem-letzten-coden-new-new-festival-in-karlsruhemp3refdown/ or here the interview with ZenCap, a Rocket Internet-backed startup, now part of FundingCircle: https://podtail.com/podcast/startupradio-de/zencap-im-interview/
Find the video here: https://youtu.be/GdY2pJeh1tE
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You can find the video of the live stream, as well as all the show notes and links here: https://www.startuprad.io/blog/youtube-live-startup-news-germany-march-2019-by-startuprad-io/
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This is a audio rip from our YouTube channel.
This video is sponsored content from the Accelerator Program of Merck learn more here: bit.ly/2rsFEUQ
In this interview, we talk to Peter Jarowski (https://www.linkedin.com/in/peter-jarowski-5b507644/), who is CEO and co-founder of ChemAlive. ChemAlive uses quantum physics to calculate the properties of molecules. The tool, therefore, allows researchers to focus on the most promising molecules to investigate further. You can do a free demo here https://demo.chemalive.com/.
ChemAlive is a Software as a Service company. Learn more in the interview here.
The Accelerator selects and support startups operating in healthcare, performance materials, life sciences, and other related business fields. They are looking for real partners to work together in shaping the future. From July until the end of September Merck (Or Merck KGaA Darmstadt, Germany) will be looking for startups to join their Accelerator Program in Darmstadt. You can go to their headquarters to connect with worldwide decision-makers and win them as a business partner. They also offer the possibility to extend the Accelerator in their Innovation Hub in China and succeed in accessing the Chinese market. You can apply now: bit.ly/2rsFEUQ.
The recording was conducted at Merck’s fancy new Innovation Center: https://www.merckgroup.com/en/research/innovation-center.html
You find the video interview here: https://youtu.be/JYZCbcmvTHk
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Today we present you Frankfurt Forward’s Startup of the Month – March 2019 – as Media Partner.
In this interview, we are talking to Murat Karakaya (https://www.linkedin.com/in/muratkarakaya1/) Chief Operating Officer and Co-Founder of Frankfurt-based logistics startup CargoSteps (https://www.cargosteps.com/). As you may be able to see in the back, there is Frankfurt Airport, since they are currently located in the House of Logistics and Mobility (HOLM), very close to Terminal 2. You can learn more here: https://www.frankfurt-holm.de/de
In this interview, we talk to Murat about “Airplane on the ground” shipments, their high-speed freight platform, their nice location and why a logistics startup may not want to move to Berlin.
“With the Frankfurt Airport, we have lots of business here”
“We are in the middle of Germany”
“Companies [and freight] from all over Europe are crossing just behind us …”
“Startuprad.io: Why did you never go to Berlin? Murat: We need a working airport”
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Learn more about our sponsor here: http://startups.observer/en/
As a media cooperation, we are talking to the startups of CONTENTshift, the accelerator program of the German Publishers and Booksellers Association (Börsenverein des Deutschen Buchhandels) for digital content.
We have been at the Frankfurt Book Fair and talked to the finalists live and direct after the official event.
Here we talk to Alexis the founder of Chaï. Chaï turns content conventional books with AI and an artificial voice into audiobooks. The clients of Chaï are conventional book publishers, who can use their service to also enter the audio market.
You can find the video here: https://youtu.be/qM94-VFhkrA it was originally published on April 10th, 2018.
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Chris and Joe get together to get you the latest update on the German startup scene form Startuprad.io.
You can find the video here: https://youtu.be/e75EflveJXo
And find all the show notes and links here: https://www.startuprad.io/blog/startup-news-germany-february-2019-by-startuprad-io/
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This is the audio track of a video startup interview by Startuprad.io. You find the whole interview here:
https://www.startuprad.io/exclusive/sigmundtalks-io-helps-to-create-content-assisted-by-their-ai/
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 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.
In 2018 it was a first, that there has not been one winner, but two. SUMMARIZEBOT and Sigmundtalks are the two winners of 2018.
In this interview, Joe talks to Marc T. Suess (CEO https://www.linkedin.com/in/marc-thaddaeus-suess/) and Michael Schmitt (CTO https://www.linkedin.com/in/michlschmitt/) from the startup Sigmundtalks.io. Sigmundtalks helps solo entrepreneurs and small marketing teams to create content, assisted by their AI.
The web-based AI chatbot helps in writing articles and leads the user through a journey so it can then automatically generate text for marketing.
The bot is named after the father of psychoanalysis Sigmund Freud: https://en.wikipedia.org/wiki/Sigmund_Freud
You can learn more at www.singmundtalks.io
https://www.instagram.com/p/BrTuuoDAu9F/
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This is the audio track of a video startup interview by Startuprad.io. You find the whole interview here:
https://www.startuprad.io/blog/ekidz-eu-helps-children-to-learn-languages/
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 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.
In this interview, Joe talks to Nataliya Natasha Tetruyeva (https://www.linkedin.com/in/natasha-tetruyeva-2024a84/) founder of eKidz.eu. eKidz.eu helps children to learn another language or improve the mastery of their own language.
You can learn more at www.ekidz.eu
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Today we present you Frankfurt Forward’s Startup of the Month – February 2019 – as Media Partner.
Unfortunately, we experienced technical difficulties, so we only have an audio podcast this time.
In this interview, Startuprad.io is talking to Christina Kraus (https://www.linkedin.com/in/krauschristina/) Founder and Product Management of Frankfurt-based MeshCloud (https://www.meshcloud.io/en/meshcloud/). In this interview, we talk to Christina about MeshCloud, German Accelerator Tech, New York, what Frankfurt means to her and why cloud computing and data centers are big business in Frankfurt.
“Given the cloud infrastructure there is actually no other place in Germany MeshCloud could be based”
“This whole ecosystem with all the startups – within the last two years – has grown and has evolved so much, it feels like Frankfurt is growing up.”
“We as a company grow up and so does the Frankfurt Ecosystem … That’s a very exciting time to be here. Because you can help shape the ecosystem”
https://www.frankfurtforward.com/startups/meshcloud
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This is the audio track of a video startup interview by Startuprad.io. You find the whole interview here:
https://www.startuprad.io/blog/summarizebot-uses-ai-for-automated-summaries-of-text-video-and-audio/
In this interview, we talk to Dmitry Nedovis (https://www.linkedin.com/in/nedovis/), CEO of summarizebot (https://www.summarizebot.com/), one of the two winners of the CONTENTshift accelerator program. Summarizebot uses AI to generate automated summaries from text, video and audio. The tool works in Facebook Messenger, Slack, and other tools. Their tool can also be used for fake news detection. Their tool could even replace summaries of books and analyze the book, so automated book critiques are in the realm of the possible. They also apply summarizebot to stock market sentiment analysis.
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 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. In 2018 it was a first, that there has not been one winner, but two. summarizebot and Sigmundtalks are the two winners of 2018.
You can learn more here: https://www.scienceroot.com/
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This is the audio track of a video startup interview by Startuprad.io. You find the whole interview here:
https://www.startuprad.io/blog/evan-network-brings-heavy-machinery-on-the-blockchain/
In this interview, we talk to Thomas Mueller (not the world cup winning soccer player) https://www.linkedin.com/in/thomasxmueller/, but he is even better since he is CEO of Evan Network (https://evan.network/). Evan network enables companies to get their heavy machinery (think large construction machines like building cranes) on the blockchain. With this, the management of their machines becomes much easier, as well as renting them out. Even Networks is currently in the fund-raising phase of a traditional VC round.
Evan Network is also the winner of the Blockchain Startup Summit pitch competition, which took place on Nov 15th at Frankfurt School of Management and Finance (https://www.frankfurt-school.de/), in cooperation with EU-Startups (https://www.eu-startups.com/) and us (https://www.startuprad.io/) as media partner. Thomas almost missed his award, since we interviewed him.
You can see how happy he was after winning here:
https://www.instagram.com/p/BqN2P8LHhqE/
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You are listening to the audio track of a Google Hangout Chris and Joe do live every month on Youtube, discussing the startup news of the most recent month. You can join them live by joining their meetup group, where they announce every live stream: https://www.meetup.com/de-DE/Startup-Couch-TV-Talks/
Find all the links and show notes here: https://www.startuprad.io/news/startup-news-germany-january-2019-startuprad-io/
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This is the audio track of a video startup interview by Startuprad.io. You find the whole interview here:
https://youtu.be/GpEL0maFtD4
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 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.
In this interview, Joe talks to Vlad Guenther (https://www.linkedin.com/in/vlad-guenther/), CEO and Co-Founder of the startup Scienceroot. Scienceroot uses Blockchain to build an ecosystem for scientific research. The startup aims create an ecosystem where anyone in the scientific community around the globe will have the ability to gather funding, interact, discuss research ideas, collaborate and in the end, publish their work through a more efficient, intuitive and transparent platform.
You can learn more at www.scienceroot.com
You can find the complete transcript here: https://www.startuprad.io/interviews/scienceroot-uses-blockchain-to-build-an-ecosystem-for-the-global-scientific-research-community/
© Startuprad.io - All right reserved
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https://youtu.be/sW1gq6KJ8ho
In this interview, we introduce you to the Startup of the Month January – Field Buzz – by Frankfurt Forward, as part of our media cooperation with this initiative.
Meet Alexis, who is half British, half French, but still, love to live in Frankfurt. He is the co-founder of the app Field Buzz, together with Habib Ullah Bahar. Field Buzz enables field staff to get better connected to their HQ and much faster information flow. The software (dashboard with web login) and app (for field staff) is used by the likes of United Nations Development Program, Welthungerhilfe, US NGO PSI and BRAC.
The company has two headquarters, one in Bangladesh and one in the Social Impact Lab in Frankfurt, where we did the recording.
During the interview, Alexis is referring to the GIZ (formerly GTZ where Joern was an intern in China) the operational company for international cooperation and development aid from Germany, as well as the bank, backing some of those projects KfW. GIZ is headquartered just outside of Frankfurt and KfW actually has a large presence across many buildings in Frankfurt.
Find all other notes and links, as well as the video here: https://www.startuprad.io/blog/field-buzz-allows-ngos-to-work-more-efficient-in-remote-areas/
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PANDO Ventures is a later stage accelerator program, which does not invest money (like the name first would suggest). In this interview, Startuprad.io is traveling for you to Wiesbaden, the capital in the state of Hessen. There we found ourselves in the basement of an art gallery (great location!). The art gallery is the headquarter of PANDO Ventures, where we talk to Enrico (https://www.linkedin.com/in/enrico-jakob/), who is a junior partner of PANDO. PANDO focuses on digital business models.
You can learn more about their program and the applications here: Website (https://pando-ventures.com/) or straight to the application (https://pando-ventures.com/en/apply/).
During the interview, Enrico shows a can at the start of the interview. This was a can of acáo (https://pando-ventures.com/client-item/acao/)
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This is the audio track of a video startup interview by Startuprad.io. You find the whole interview here:
https://youtu.be/2g-5Go_QXK4
In this interview, we talk to Thomas Grosse – Industry Leader Banking & Fintech Google Germany (https://www.linkedin.com/in/thomas-grosse-4a07494/). During the interview, we talk to him about Google, Google Pay and Fintechs in Germany. During the interview, he also talks about partnerships and opportunities to contact him. You can learn more here: https://www.thinkwithgoogle.com/intl/de-de/
We are media partners of Euro Finance Tech and we have been there to talk to some startups for you.
© Startuprad.io - All right reserved
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Vishal talks about the tool Gamma, produced by his company. Gamma helps developers to generate better code, using AI. The cool thing is, the longer you work with it, the better Gamma works for you.
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Vishal is an entrepreneur from India, who founded his startup in Frankfurt, Germany. Learn what he has learned about the startup world in Germany so far.
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We talk in this interview to Rory Kenny (https://www.linkedin.com/in/rorykenny/), who is CEO of JAM – Just Add Music (https://www.justaddmusic.net/) a hidden champion of the Berlin startup scene. JAM is sometimes described as the Instagram of music because you can create music in their app the same way you create a photo in the Instagram app.
Rory gives us some exclusive insights into JAM, including numbers and the company’s intention to raise venture capital. During the interview, Joe and Rory are discussing the missing differentiation between the streaming services like Deezer, Spotify, Amazon Music or Apple Music. Rory gives his view on why they are different here.
Rory also gives us a few numbers, why JAM is a hidden champion. They have more than 2 million monthly active users and 15.000 new users are acquired organically to sign up every month. JAM has a “quite large” user base in the USA, but their fastest growing markets are South America, Russia, and India.
Before being hired as CEO of JAM, he was with TripAdvisor, Orange, and other companies. Rory does not fluently speak German but is getting around well in Berlin. He was also the lead singer of a hard rock band in his native Montreal.
Exclusively Rory states in our interview, that JAM is looking for venture capital funding towards the end of the year.
Some data, Rory give us an update after the interview
Called the "Instagram of music"2.000.000 monthly active usersAccumulated 10M+ registered members since 2016Music Maker JAM organically acquires 15K new registered members per dayTune in to the interview, in order to learn more.
Links:
Just Add Music https://www.justaddmusic.net/en/index.htmlLoudly https://www.loudly.com/
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This is the audio track of a Google Hangout. You can find the video on our YouTube channel www.youtube.com/startupradio
Welcome to the 2018 Fintech Review Germany by Startuprad.io. In the stream you will hear:
Paolo Sironi – Crunchbase – LinkedIn – Website – Twitter – InstagramYassin Hankir - Crunchbase – LinkedIn – Website – TwitterJörn “Joe” Menninger Crunchbase – LinkedIn – Website – TwitterHere you can find the 2017 fintech review: https://www.startuprad.io/news/2017-fintech-review-germany-2018-outlook/ here is the 2016 interview with DWINS, the company behind Finanz Guru: https://www.startuprad.io/interviews/dwins-db-hackathon-winner/
Yassin talks about co-branding, for example, Finanz Guru (co-branded with Deutsche Bank, who owns 25% in the startup) https://finanzguru.de/
Paolo talks about regulations (referring to the last year).
"The regulatory storm hitting 2018
PRIIPs – A regulation, forcing asset managers to disclose more of the content of their products in a more simplified way.GDPR – A regulation on the usage of customer dataMifid II – A regulation on the transparency of investments.PSD2 – A regulation, which forces banks to open up via API to other companies, including fintechs"
Joe refers to the dot-com company Pets.com https://en.wikipedia.org/wiki/Pets.com
Cost of capital for banks https://www.investopedia.com/terms/c/costofcapital.asp
Wealth Management https://www.investopedia.com/terms/w/wealthmanagement.asp
Interview with CreditShelf, which is Germany’s only listed pure-play: https://www.startuprad.io/exclusive/do-you-know-creditshelf-it-is-germanys-only-listed-pure-play-fintech/
As Paolo said, we have been to the Christmas Market and celebrated 10 years of fintech in Frankfurt:
https://www.instagram.com/p/BrVqaH4HsXl/
Below you will find all the news we have been discussing, touching fintech in 2018, as well as a transcript.
“It will be really tough to bring Crypto to the masses” Yassin Hankir – at Startuprad.io’s 2018 fintech review
“When central banks use the technology behind Crypto to transform fiat money, that will be truly revolutionary” Paolo Siroin – at Startuprad.io’s 2018 fintech review
DecemberPan-European Leader: Moneyfarm acquires #Frankfurt-based #roboadvisor vaamo to accelerate growth https://buff.ly/2AaeANC
Study of Comdirect shows, that #Berlin, #Munich and #Frankfurt are the leading #fintech hubs in Germany | heise online http://ow.ly/12AG30mXhDh
Keep in mind all the international fintechs active in Frankfurt, who want to work with German banks. Also notice, that there is only an access to international capital markets in Frankfurt.
Serious financial situation at Germany’s formerly most valuable #fintech, #Hamburg-based Kreditech. In the last financing round the valuation went from 230 mn Euros down to the 14 mn Euros #VentureCapital just invested reports Gründerszene http://ow.ly/x9wt30mWhnb #Valuation
IPO: Deutsche Familienversicherung a direct insurance company (think online), which sees itself as an #insurtech just sucessfully IPOed in #Frankfurt, raising more than 50 mn Euros http://ow.ly/CKSp30mTbOf
The Most Active Investors In Banking Automation - CB Insights Research http://ow.ly/RgRT30mVmZC
NovemberEuropean early stage technology investment increases four-fold to 3.6 b...
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Here is our first live news ever! Enjoy merry X-mas and happy new year! You can find the video here: https://www.startuprad.io/news/startup-new-germany-december-2018-live-hangout/
Startup News December 2018This recording is in media cooperation with Gruendermetropole Berlin.
Sponsoring MessageStartups.observer supports this program. Startups.observer is like online dating for startups and investors. It is by far the easiest and most efficient way to research potential investment candidates or look for potential investors. Learn more here: http://startups.observer/
Ecosystem
First off, some Berlin bashing: Sebastian Diemer, calling himself “The Diemer”, founded a couple of startups , right now Farmako, a cannabis startup, has had it with Berlin. He wrote on Facebook: “I am not a fan of hipsters, excessive feminism, so I am looking forward to more conservative roles – men that act and look like men, vice versa for the ladies".” he writes and adds: “Drugs and Party. If you have never taken cocaine or any other chemical drugs like myself and don’t attend the “Berlin clubs” (I haven't made it to any of the trashy druggy places in 2,5 years) there isn’t much value in having 2147124 places around that allow you to party from Wednesday to Tuesday with fucked up people in fucked up locations :)” https://www.deutsche-startups.de/2018/12/17/derdiemer-wuenscht-sich-men-that-act-and-look-like-men-vice-versa-for-the-ladies/
First #German #Social #Entrepreneurship #Monitor (DSEM) published https://buff.ly/2STc9Xp
The #socialstartups are spread across Germany ( 22% #Berlin, 19% Hessen, 15,4% Bayern, Nordrhein-Westfalen (9,4%) and Baden-Württemberg (8,5%).
The biggest trouble is financing
German #Fintech market matures - higher investments more international expansion and increasing number of cooperations - EY - Deutschland http://ow.ly/jSfu30n1NuN
Fintech Revolut Receives EU Banking Licence | Finance Magnates https://buff.ly/2Ci0nk0
Study of Comdirect shows, that #Berlin, #Munich and #Frankfurt are the leading #fintech hubs in Germany | heise online http://ow.ly/12AG30mXhDh
Keep in mind all the international fintechs active in Frankfurt, who want to work with German banks. Also notice, that there is only an access to international capital markets in Frankfurt.
⇒ As Yassin said during the fintech review: Some competition is good, but it does not really matter where the fintech is located in Germany.
European tech firm have raised a record $23 billion in 2018: The State of European Tech Report - Tech.eu http://ow.ly/IHc030mR1XX
Mood on the German private equity markets are quite good says KfW.
Only early stage investments and later stage investments see a slight bumper.
Fundraising and exit environment are picking up
http://ow.ly/RJnb30n2A9m #VentureCapital
Media PartnershipsWe are media partners:
https://www.techjobsfair.com/ April 2019 in Berlin and May 2019 in Vienna
House KeepingWe have published a lot of videos in the last weeks. Just to name a view: We talked to the Winner of Blockchain Startup Summit, to the Fintech and Banking Lead Google Germany and many others. Check our channel www.youtube.com/startupradio
Summarizebot uses AI for automated summaries of text, video and audio https://buff.ly/2PIzvNl
Andreas König will be new CEO at ProGlove - Munich Startup http://ow.ly/gDkm30mVjxh
learn more about this #Industry40 and #IoT startup in the interview here: https://youtu.be/dE76h-bKTH0
HubsFrankfurtWeWork Labs: Starts in Frankfurt - Station Frankfurt http://ow.ly/Qy8z30n20qY
“Ideal Location”: Asana expands to Frankfurt, even building their european data center here (planned start H1 20...
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Welcome to the Startuprad.io startup news for November 2018 in another transatlantic live hangout.
This recording is in media cooperation with Gruendermetropole Berlin.
Sponsoring MessageStartups.observer supports this program. Startups.observer is like online dating for startups and investors. It is by far the easiest and most efficient way to research potential investment candidates or look for potential investors. Learn more here: http://startups.observer/
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This is again the audio rip from our Google Hangout, covering the German startup news. This time it did not work out as good, as we expected, but we will work on the quality.
This recording is in media cooperation with Gruendermetropole Berlin.
Sponsoring Message
Startups.observer supports this program. Startups.observer is like online dating for startups and investors. It is by far the easiest and most efficient way to research potential investment candidates or look for potential investors. Learn more here: http://startups.observer/
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Hey Guys, Chris and Joe are back from the summer break! This is the first time they get together and discuss the startup news live on a Hangout. This will soon turn into a live broadcast towards the end of this year.
As a subscriber to the audio podcast you will not be left behind and you get the complete audio track, as well as the complete news directly on your device.
Startup News Germany Summer 2018 (July, August, September)
How this news is intended
This news is intended to spark your interest and to provide some context. Most of the time you will find links to websites or blogs, which can give you more in-depth information, as long as you can work with automatic translations or speak German.
Why we do them this way
The news here is intended as a wrap-up. We give you more detailed insights in our interviews. And there is an audio-only version as well, which is intended for your daily commute.
If you are interested in a specific startup or area, feel free to reach out to us.
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Chris and Joe get together to talk about the most recent startup news from June 2018. You can find all the show notes on the website: https://www.startuprad.io/news/news-june-2018/
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Chris and Joe talk in the known fashion the startup news Germany. Including the activities of corporates, which are noteworthy, in the startup scene.
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Startup news wrap-up for non-German speakers, on the most noteworthy events in the German startup scene. Special coverage of Frankfurt and Rhein-Main.
https://www.startuprad.io/news/startup-news-april-2018/
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The monthly wrap-up for everything that was going on in the German startup scene in March 2018
https://www.startuprad.io/news/startup-news-march-2018/
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Startup news and informed opinion in the news podcast, which wraps up February.
Find all the links here: https://www.startuprad.io/news/2018-startup-news-germany-february-wrap-up/
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2018 started, so Chris and Joe take on the task to give you an overview of what was going on in January 2018 in the German startup scene.
https://www.startuprad.io/news/2018-startup-news-germany-january-wrap-up/
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They take a look at 2017 review articles and 2018 forecast. The focus is Germany, but of course, the startup world is global and so they talk about articles from almost all over the world
Find all the links and show notes here: https://www.startuprad.io/news/news-2017-review-2018-outlook/
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This wraps up our news episodes of the German startup scene for 2017. Hope to hear you in 2018. We talk about the shifting business model of Rocket Internet, loss-making Companisto and Nagas big ICO and much more
Find all the links and show notes here: https://www.startuprad.io/interviews/startup-news-germany-wrap-december/
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In this interview, we follow up the world premiere of the antelope suite. The company behind it is called Wearable Life Sciences, which we had in May 2015 in our podcast.
Antilope Suite in Action © Wearable Life Sciences
The startup is located near Frankfurt and offers electrostimulation of muscles as a mobile suite to enhance the training of professional and semi-professional athletes. We talk to Philipp G. Schwarz, a serial entrepreneur (he founded the worlds first online-only car dealership), who is co-founder and CEO of WLS, the company behind the Antelope suite.
Philipp © Wearable Life Sciences
We originally intended to make an interview, but the video file was corrupted and so we only have the audio file for you. We hope you don’t mind all the surrounding noises, but we worked hard to already eliminate a lot of them.
We briefly touched the German Accelerator Program, you can find the interviews from the event here: https://www.startuprad.io/interviews/frankfurt-celebrates-innovation-roadtrip-interviews-event-highlights-german-accelerators-event/#t=7:39.147
https://www.startuprad.io/frankfurt/follow-up-frankfurt-based-sports-startup-wearable-life-sciences/
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Tom has been a serial tech entrepreneur for more than 10 years and shares his experience with Joe and the audience. Tom was born and raised in Poland. He emigrated to the United States at age 10. He has been an entrepreneur, online and offline, with ideas like a coffee shop or his own music label. His current ventures include online courses.
Find Tom and some of his current projects here:
Smart Brand Marketing Podcast https://smartbrandmarketing.com/We Create Online Courses http://wecreateonlinecourses.com/Twitter: https://twitter.com/TomLibeltLinkedIn: https://www.linkedin.com/in/tomlibelt/And here is an overview of all of Tom's ventures: https://smartbrandmarketing.com/tom-libelt/Tom and Joe talk about Jamba Juice and McDonald's. You can learn more about the story from 2010 here: https://www.thestreet.com/story/12806946/1/jamba-juice-mcdonald-s-smoothie-showdown.html
Talking Pizza
Chicago: Deep Dish Pizza: https://en.wikipedia.org/wiki/Chicago-style_pizzaNew York: The New York Pizza Tour, Joe took once: https://www.asliceofbrooklyn.com/
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In this audio-only interview, Joe talks to Michal Vojta (https://www.linkedin.com/in/michalvojta/), co-founder of the startup SALESDOCK (http://salesdock.com/). They offer external business development for startups, who cannot afford their own employees for BDM.
“The biggest mistake of startups is the underinvestment in sales” Michael Vojta, salesdock.com Interview with Startuprad.io
“Another weakness is that startups don’t have a specific sales process” Michael Vojta, salesdock.com Interview with Startuprad.io
“startups are not kicking out sales opportunities that are not moving forward, they are not skeptical enough” Michael Vojta, salesdock.com Interview with Startuprad.io
Joe refers during the interview to the remote, but beautiful Pacific island of Vanuatu: https://en.wikipedia.org/wiki/Vanuatu
During the interview, Michael refers to the Pareto principle: https://en.wikipedia.org/wiki/Pareto_principle named after https://en.wikipedia.org/wiki/Vilfredo_Pareto, but not invented by him.
You can learn more here: http://www.salesdock.cz/
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40 minutes a must hear for every fintech executive and many bank executives as well
The fintech review Germany is one of the traditions of Startupradio. We started it in German back in 2014, when fintech first appeared. Since Startupradio.de will be shut down the end of 2017, we moved our tradition to the English channel. If you are able to speak German, you will find the old shows here:
2014 Fintech Review German 2015 Fintech Review German2016 Fintech Review German Our guests:
Luka – CrunchBase – LinkedIn
Our interviews with Luka in the past:Interview No1 was split into two parts: Part I Part IIInterview 2Paolo – CrunchBase – LinkedIn
Interviews Joern mentions:
Deutsche Bank
Dwins
The regulatory storm hitting 2018
PSD2 – A regulation, which forces banks to open up via API to other companies, including fintechs
Mifid II – A regulation on the transparency of investments.
PRIIPs - A regulation, forcing asset managers to disclose more of the content of their products in a more simplified way.
GDPR - A regulation on the usage of customer data
Mentioned article by Joern Financial Crisis shape the financial markets
Article from Paolo on innovation
Other terms used:
UCITS investment funds
Wealth Management
Our sponsors:
Slack.com
Startups.Observer
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In this interview, we talk with Luka co-founder and head of growth at Berlin-based fintech Get Penta, who is in the process of re-thinking banking for small and medium businesses. Penta went live with their account, what they call open beta, this week and we have the exclusive podcast interview here for you. Tune in to learn more.
Our listeners know Luka from his two extensive interviews, where he told about his entrepreneur live before Penta. You find them both here:
https://www.startuprad.io//interviews/interview-penta-mobile-banking-app-small-medium-companies/https://www.startuprad.io//interviews/interview-penta-part-ii/CrunchBase profile
Learn more about Penta on their website.
© Startuprad.io - All right reserved
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Chris and Joe give you the regular news wrap-up for November. Find all the links in the show notes and hear you again in 2018.
Merry Christmas and happy new year!
Find all the links and show notes here https://www.startuprad.io/news/startup-news-germany-wrap-november/
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In this interview, we talk with Patrick de Zeeuw, CEO, and Co-Founder of the Startupbootcamp Amsterdam. Tune in to learn more what Startupbootcamp does and learn more about the differences between startups and corporates.
This podcast is sponsored by Slack. Consider having a look at our sponsor at www.slack.com
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Startup News Germany Wrap-up - October
Find all the links and show notes on our website: https://www.startuprad.io/news/startup-news-germany-wrap-october/
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In this interview we talk to Dr. Tamaz Giorgadze, who came to Germany from his native Georgia, eventually becoming a partner at the German office of McKinsey & Company. During the financial crisis, he saw a demand for retail deposits by banks and decided to jump ship to set up his own company. The company is operating as weltsparen.de in Germany and raisin.com internationally. Joern talks to Tamaz and you get a quick overview of what banks actually do, where they get their money from and how retail investors in Europe profit from this.
We are talking during the interview about those topics:
Wholesale funding
Bank’s transformation function
Duration
Regulatory measures of bank’s liquidity
Liquidity coverage ratio
Net Stable Funding Ratio
Deposit
KYC – Know your customer
AML – Anti Money Laundry
TÜV – A German association of mostly technical auditors
Payment topics we touch
SEPA
TARGET 2
And a correspondent bank system (all money transfer used to be done this way)
Deposit insurance schemes (how saver’s money is insured)
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Startup News Germany Wrap-Up - September and Summer
Find all the links and show notes here: https://www.startuprad.io/news/startup-news-germany-wrap-september-summer/
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For the first time in 17 years, a new health insurance company was founded in Germany, called ottonova. It just received their permission to operate from the German financial oversight BAFin. Due to this special occasion, we wanted to bring you a world premiere, their first English interview. We, therefore, talk to Yvonne Gründler, Chief Product Officer. ottonova aims to be an all digital insurance company, who wants to partner with their insurance buyers.
Learn more in the interview about the differences to get a full insurance company off the ground and why they need forecasts of up to 120 years.
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The Brexit is getting closer and the negotiations are not looking to go smooth, for any side. We, therefore, think it is time to post our first "picture" of London pre-Brexit.
This is the third interview in our Roadtrip to London series. You can find the first interview here: https://www.startuprad.io//interviews/roadtrip-pre-brexit-london-intro/
In this interview, we talk to Lukas Zörner, CEO and Co-Founder of Mobility.co. Mobility.co wants to become the "financial friend" of you to help you save money. Tune in to learn more.
We took the trip during blockchain week London to talk to startups, investors, and service providers. We wanted to ask how Frankfurt is seen in London as a startup hub, as well as the idea of Joinmainland.com. You can learn more about Joinmainland.com and their idea in this interview here, or just tune in.
We are grateful to the Business Development Agency Offenbach, who funded this trip. Thank you!
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The Brexit is getting closer and the negotiations are not looking to go smooth, for any side. We, therefore, think it is time to post our first "picture" of London pre-Brexit.
In this interview, we talk to Pranay Jain, co-founder of Enterprise Bot. We talk briefly to him and learn how financial services companies could save billions per year in their customer service.
We took the trip during blockchain week London to talk to startups, investors, and service providers. We wanted to ask how Frankfurt is seen in London as a startup hub, as well as the idea of Joinmainland.com. You can learn more about Joinmainland.com and their idea in this interview here, or just tune in.
We are grateful to the Business Development Agency Offenbach, who funded this trip. Thank you!
This is the second interview in our Roadtrip to London series. You can find the first interview here: https://www.startuprad.io//interviews/roadtrip-pre-brexit-london-intro/
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The Brexit is getting closer and the negotiations are not looking to go smooth, for any side. We, therefore, think it is time to post our first "picture" of London pre-Brexit.
We did take the trip with our friends from the Emporion Creative Agency (one of the partners, who is also the founder of joinmainland.com) and Fintech Headquarter. We took the trip during blockchain week London to talk to startups, investors, and service providers. We wanted to ask how Frankfurt is seen in London as a startup hub, as well as the idea of Joinmainland.com. You can learn more about Joinmainland.com and their idea in this interview here, or just tune in.
We are grateful to the Business Development Agency Offenbach, who funded this trip. Thank you!
Before take-off in Hahn (5.28 am)
Arrived in London. Always tired, but we still had fun during Blockchain Week in January 2017 in London
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Gaurav did attend the RegTech event here in Frankfurt, in TechQuartier (TQ). TQ is one of the hubs of the emerging Frankfurt startup community. TQ did invite to the event talking about the impact the Brexit will have on RegTech startups.
This will be a short series. Here is our follow up our interviews with Dr. Andrei Kirilenko, the Director of the Centre for Global Finance and Technology at the Imperial College Business School.
This interview is quite densely packed with information. Just a few links here:
Clearing (finance)
Back Office
Blockchain
Moore’s Law
Types of Blockchains (Computers)
EthereumRipple
Tune in to learn more.
Disclaimer: We did our best to improve the audio quality, but doing live interviews, sometimes on the go, results usually not in the highest audio quality. We apologize for the lower audio quality upfront and still hope you can draw insights from the interview. Non-the less we hope you enjoy it anyways. Next time we will be a bit better! PROMISE!
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Gaurav did attend the RegTech event here in Frankfurt, in TechQuartier (TQ). TQ is one of the hubs of the emerging Frankfurt start-up community. TQ did invite to the event talking about the impact the Brexit will have on RegTech start-ups.
This will be a short series and follow up our interviews with Dr. Sebastian Schäfer, who is the CEO of TechQuartier, which is the government-backed startup location in Frankfurt.
Tune in to learn more.
Disclaimer: We did our best to improve the audio quality, but doing live interviews, sometimes on the go, results usually not in the highest audio quality. We apologize for the lower audio quality up front and still hope you can draw insights from the interview. Non-the less we hope you enjoy it anyway. Next time we will be a bit better! PROMISE!
Gaurav did attend the RegTech event here in Frankfurt, in TechQuartier (TQ). TQ is one of the hubs of the emerging Frankfurt startup community. TQ did invite to the event talking about the impact the Brexit will have on RegTech startups.
This will be a short series and follow up our interview with Prof. Hackthal here with Franklin Allen, who is Professor of Finance and Economics and Executive Director of the Brevan Howard Centre at Imperial College London.
Tune in to learn more.
Disclaimer: We did our best to improve the audio quality, but doing live interviews, sometimes on the go, results usually not in the highest audio quality. We apologize for the lower audio quality upfront and still hope you can draw insights from the interview. Non-the-less we hope you enjoy it anyways. Next time we will be a bit better! PROMISE!
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Gaurav did attend the RegTech event here in Frankfurt, in TechQuartier (TQ). TQ is one of the hubs of the emerging Frankfurt startup community. TQ did invite to the event talking about the impact the Brexit will have on RegTech startups.
This will be a short series and we start with Prof. Hackethal, who is Professor at the Frankfurt University and the House of Finance. He talked during the event about the future of RegTech
Tune in to learn more.
Disclaimer: We did our best to improve the audio quality, but doing live interviews, sometimes on the go, results usually not in the highest audio quality. We apologize for the lower audio quality upfront and still hope you can draw insights from the interview. None-the-less we hope you enjoy it anyways. Next time we will be a bit better! PROMISE!
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Startup News Germany - June 2017
find all the links and show notes here: https://www.startuprad.io/news/startup-news-germany-june-2017/
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In this interview, we talk with a constant of the Frankfurt fintech scene, Dr. Yassin Hankir (LinkedIn). Yassin is already known in Frankfurt from his last startup, as one of the co-founders of one of Germany’s first Robo-advisors, called vaamo. Currently, he is one of the hosts of „Fintech Meetup in and around Frankfurt“ and he is in our interview since he is the founder of the micro savings fintech savedroid (here you can find the IOS App, Android App, and the CrunchBase profile).
Our listeners from the German channel know him because he is a regular guest in our annual fintech reviews (all in German 2014, 2015 and 2016). Savedroid is currently headquartered in the Fintech Hub of Deutschen Börse in Frankfurt.
During the interview, we talk about his current fintech savedroid, which aims to raise a Series-A VC round towards the end of the year. In the conversation we touch:
Series-AAISavedroid had in the beginning of March 100.000 downloads of their appInfluencer MarketingAt the time we recorded the interview (beginning of April) the savedroid app had more than 150.000 downloadsCustomer Acquisition Cost CACOn-Boarding FunnelConversion RateUser Experience UX
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Startup New Germany - May 2017
Housekeeping
We made it up to Number 45 in the German podcast download charts for 3 days during Easter! Aaaaaaaaaaaaaaaawesome! :-) http://www.itunescharts.net/ger/artists/podcast/startupradio/podcasts/startupradio-startup-podcast-from-germany/
Find all the links and show notes here: https://www.startuprad.io/news/startup-new-germany-may-2017/
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Startup News Germany - AprilGeektime wrote about our interview with Deutsche Bank "Breaking into Deutsche Bank: This German giant has found a way to reach out startups" http://ow.ly/CCfy30bgqzg
How Clark Made It on Bloomberg’s List of the Most Promising Startups - Insurtechtalk https://t.co/VjOLUo8el3
Find all the links and show notes here: https://www.startuprad.io/news/startup-news-germany-april/
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Startup News - February and March
You can find all the show notes and links here: https://www.startuprad.io/news/startup-news-february-march/
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In this interview, we talk to Joris Hensen and Frank Pohlgeers from the Digital Factory of Deutsche Bank. We talk about the intention of Deutsche Bank to help build an ecosystem, by granting fintechs access via their API, but also for non-fintechs. Deutsche Bank is interested in cooperating with startups from fintech, what they call “near-banking” and “beyond banking” and is opening itself up to them. The bank is even working on a partnership program to help start an ecosystem.
If you want to know more about the API of Deutsche Bank, you can learn more in the Developer Portal of DB.
The interview was conducted by Joern and Gaurav from the startuprad.io team in Frankfurt, inside the Digital Factory of Deutsche Bank.
During the interview, we talk about the winners of Deutsche Bank Hackathon API/OPEN. You can find our interviews with three of them here:
DWINSFinchildWire
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These Are the 50 Most Promising Startups You’ve Never Heard Of said Bloomberg in March 2017. Now we want to change that for one of these startups! Clark.de the only startup from Germany, who made it on the list and it is headquartered here in lovely Frankfurt am Main.
Our guest is Dr. Christopher Oster, who founded www.clark.de (Crunchbase profile) in 2015. We had Christopher before in an interview when he newly founded Clark, which was published in November 2015. Before Clark he co-founded Rocket Internet’s version of Airbnb, called Wimdu.
This time we talk to him, since Clark is the only startup from Germany, on Bloomberg's List of "50 most promising startups, one has never heard of" and an extremely good example of the increasing importance of Frankfurt, as a startup and fintech hub.
Learn more about Frankfurt as a Fintech Hub here.
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Note: The recording was done on Jan. 23rd and does not include any news following this date.
House Keeping:
Once more our German podcast is number 1 on a #startup #podcast list. https://t.co/ZH0F8852ZA
We did a live stream of the Accelerator Frankfurt Demo Day. You can see the recording here #demodayffm https://www.youtube.com/playlist?list=PLNT8T-Znm8zVx-PctAQcsMtRGXIQnuE24
In German: Fintech Review German https://www.startupradio.de/fintech-review-2016-und-ausblick-2017/
Interview with the winners of Deutsche Bank Hackathon
Wire – Chatbots https://www.startuprad.io//interviews/wire-deutsche-bank-hackathon-winner/Dwins – Analytics https://www.startuprad.io//interviews/dwins-db-hackathon-winner/Finchild – Financial Education https://www.startuprad.io//interviews/finchild-deutsche-bank-hackathon-winner/
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This is the third and last episode in a small series, where we introduce our listeners to the winners of Deutsche Bank Hackathon.
This time we talk to real twins: Ben and Alex, who are FinTech entrepreneurs and of course winners of Deutsche Bank Hackathon. They founded their company dwins in Cologne but relocated to Frankfurt after a pivot. They offer a smart analytics API for analyzing current accounts and credit card transactions, currently getting into machine learning. During the hackathon, they coded the so-called Finanzguru (Finance Guru), for personal finance.
You can learn more by tuning into the interview and follow DWINS on Social Media:
LinkedInTwitterFacebookLear more about the other two interviews with winners of Deutsche Bank Hackathon here:
Finchild – A pocket money app who want to further the financial education for children.Wire – A chatbot platform, who coded a client service chat bot during the hackathon.PS: Here is the promised view from Deutsche Börse Fintech Hub (on a cloudy, rainy day): https://www.facebook.com/startupradio.de/photos/a.1569447969949281.1073741828.1427450964148983/1853651681528907/?type=3&theater
And picture added from the comments: https://scontent.xx.fbcdn.net/v/t31.0-8/13147328_576116012554002_1840556866369125770_o.jpg?oh=fb788b1ef058a22455f2836f773950e3&oe=58F4A46C
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This is the second episode in a small series, where we introduce our listeners to the winners of Deutsche Bank Hackathon.
We talk in the second interview with Christopher from Finchild, which is an app for parents to reward children, pay them pocket money or assign tasks to them so they can earn money. The team, therefore, wants to contribute to the financial education of children from a very early age on. During the hackathon, the team developed the Finchild app.
You can learn more by tuning in to the interview and follow Finchild on Social Media:
FacebookTwitterInstagramHomepage
More interviews from the winners of Deutsche Bank Hackathon:
Chatbot platform wire.com, which developed a client service chatbot during the hackathon.
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This is the first episode in a small series, where we introduce our listeners to the winners of Deutsche Bank Hackathon.
We talk in the first interview with Helena and Gregor from wire.com, which is an end-to-end encrypted messaging service on which you can run chatbots. During the hackathon the team developed a chatbot for client interactions for Deutsche.
Tune in to learn more.
We touch the following topics during the interview:
Wire’s API for developersYou can find the code for the presentation at the Hackathon here:Web App User Interface https://github.com/wireapp/wire-webapp/tree/api_openCommunications part https://github.com/gregor/generic-message-proto/tree/api_open
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Startup News Germany - November Wrap-Up
find all the links and show notes here: https://www.startuprad.io/news/startup-news-germany-november-wrap/
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This time we bring you interviews from the fantastic event "Frankfurt Celebrating Innovation", which took place last month organised by German Accelerator together with Frankfurt Pitch Club and hosted at TechQuartier Frankfurt. Startups from all fields pitched non-stop to be the luckiest ones and get a chance to participate in the US programs of German Accelerator. They will spend time in the US in either Silicon Valley or New-York, leverage the GA network and scale their products in US market.
We would like to point out our interview with Andy Goldstein, the CEO of German Accelerator and surely we bring you interviews with some of the US-bound startups:
enercastMyPostcard.comPark-HereSlide Presenter
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Today we bring you an interview from one of the social startups from the Social Impact Lab Frankfurt. We talk to Luca from MEJO!, a web application, which applies data science to help patients cope with their diabetes. MEJO officially launches Nov 28th but has already more than 6.000 registered users. Currently, there are estimated to be more than 30 mn people with diabetes in the Spanish speaking countries and MEJO aims to help those people, as well as their caretakers.
As of now there is a lot of medical data (e.g. blood pressure) available for the condition, but not much behavioral data, which is the big advantage of MEJO, since they try to use exactly this data. Tune in to learn more!
MEJO! is actively looking for seed funding.
Here you find the links
Facebook Page of MEJO!Website of MEJO!Social Impact Lab Frankfurt Website – The incubator and coworking space in Frankfurt for social startups
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Wohoooooo! The first recognition for our English podcast Startuprad.io. Lately, our German channel was doing well. Now the English one is picking up speed as well. We have been the only podcast from Germany listed in EU-Startups.com's list of "14 entrepreneurship podcasts worth listening to" http://ow.ly/2pI1305Jbe1
We had the first English version of our live format last week. We had a live discussion, which we streamed in YouTube and Periscope. We discussed Robo Advisory with founders, bankers and consultants and more than 100 live guests with our friends from the Fintech Meetup Frankfurt. https://youtu.be/akCaXmFfgMQ
You can see the recording of our Robo Advisor discussion live from Frankfurt here on YouTube https://www.youtube.com/watch?v=akCaXmFfgMQ
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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 tips
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Interview With The #Brexit Hedge For Startups, Fintechs And Investors, Joinmainland.com
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Startup News from Germany - 2016 Summer wrap up
find all the links here: https://www.startuprad.io/news/startup-news-germany-summer-wrap/
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John and Joe talk again with Luka in our second part of the interview with Penta, the banking app for small and medium enterprises. If you missed it, here is the interview part one, in which we talk about Luka (aka Luke) and the company he co-founded: Penta.
This time Luka talks mainly about raising venture capital and his experiences, since he did it already in the US and is right now in the process in Berlin. So he compares the environment in Germany (Europe) and the US. He also points out some important points about raising venture capital.
During the interview we touch:
Seed fundingPost seed fundingSeries A financingAnd here is your link to the (a bit edgy) interview with Edwina from Startupbootcamp Fintech London.
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We have been at the CODE_n new.New festival in Karlsruhe, in the south of Germany. From there we bring you four short interviews in English, within this audio file:
We a talk to Jessica from everledger, an application of the blockchain in the diamond industry. During the interview we talk about:Blood DiamondsWe talk to Alex, co-founder of Urban Alps, who produce a high security stealth key via 3d printing. The important part is that all relevant parts are inside the key and therefore the key cannot easily be copied e.g. via a 3d printer, as with other keys.We talk to Erez CEO and founder of CRiskCo, a company which helps to evaluate credit risk for small and medium enterprises, as a SaaS. His software uses an artificial intelligence to assist his clients and also to get even better over time.We talk to Frederik and Flemming from FaunaPhotonics who work with remote sensing products in agriculture and malaria control, utilizing lasers. Their solution will be able to count insects in real time.
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In this interview, we introduce our listeners to John (who will also conduct interviews in Arabic for Startupradio). Please give him a warm welcome!
John and Joe together interview our guest Luka from Penta, located in Berlin. It wants to be the digital bank interface for German and French Small and Medium Enterprises (SME). Right now they don't have a banking license.
In the first interview of two interviews, Luka tells us also about his previous ventures. Together with him, we take a trip through his life. He tells us how he sold shoes on the streets of New York and about studying in Paris. We learn how he ended up in Berlin and how he approached the idea of Penta. Finally, we talk of course about Penta, who is in the current batch of Startupbootcamp Fintech (London). (Disclaimer, Joern is a regular mentor at the SBC Fintech pitch day in Frankfurt)
In the interview, Luka also talks about mondo in the UK and N26 in Berlin and his article of things he did wrong, which you can find here
In the second part of the interview, we talk with Luka about raising venture capital and his experiences in Europe and the US doing so: https://www.startuprad.io/interviews/interview-penta-part-ii/
© Startuprad.io - All right reserved
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The last news before the summer break, recoded on June 18th 2016
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"Startuprad.io Roadtrip" is our new show about startups on the road. What do they do at conferences? How do they find investors? What are their tricks for the perfect pitch? We interview the founders, they tell us how they network und chill and you as listeners get great recommendations about how to up your outreach game as a founder.
In our first season, we feature startups at one of the coolest tech conferences in the world, South by Southwest in Austin, Texas. This episode we talk with Lengoo, a company provides translation services by matching your translation needs with the best bilingual translators possible.
Learn more about that at http://www.lengoo.de/en
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Startuprad.io Roadtrip is our new show about startups on the road. What do they do at conferences? How do they find investors? What are their tricks for the perfect pitch? We interview the founders, they tell us how they network und chill and you as listeners get great recommendations about how to up your outreach game as a founder.
In our first season, we’ll feature startups at one of the coolest tech conferences in the world, the South by Southwest in Austin, Texas. This episode we talk with Cat Medic, a company that provides 3D models of the human body in animation, illustration and apps - basically you can walk through your own body with them.
Learn more about that at http://www.cat-medic.de
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Startuprad.io Roadtrip is our new show about startups on the road. What do they do at conferences? How do they find investors? What are their tricks for the perfect pitch? We interview the founders and they tell us how they network und chill. You as listeners get great recommendations about how to up your outreach game as a founder.
In our first season, we’ll feature startups at one of the coolest tech conferences in the world, the South by Southwest in Austin, Texas. Each week, we are talking with one German company who presented itself there. This episode we look at DataLion, a company that wants to make your Excel sheets look prettier. They offer visualization of Marketing- and Business-Intelligence-Data.
Learn more about that at http://www.datalion.com/
Sponsor:
Our Sponsor for the Roadtrip to SXSW is Capco Connect.
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Startuprad.io Roadtrip is our new show about startups on the road. What do they do at conferences? How do they find investors? What are their tricks for the perfect pitch? We interview the founders and they tell us how they network und chill. You as listeners get great recommendations about how to up your outreach game as a founder.
This episode we look at Konstrukt 3, a company that uses the mega trend Virtual Reality for visualizing construction and engineering in 3D so that colleagues and clients can easier understand what will be built.
Learn more about that at http://www.konstrukt3.de/
Sponsor:
Our Sponsor for the Roadtrip to SXSW is Capco Connect.
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Startupradio Roadtrip is our new show about startups on the road. What do they do at conferences? How do they find investors? What are their tricks for the perfect pitch? We interview the founders and they tell us how they network und chill. You as listeners get great recommendations about how to up your outreach game as a founder.
This episode we look at ameria, a company changing our experiences in stores and supermarkets with the help of large screen virtual promoters.
Sponsor:
Our Sponsor for the Roadtrip to SXSW is Capco Connect.
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Startuprad.io RoadTrip is our new show about startups on the road. What do they do at conferences? How do they find investors? What are their tricks for the perfect pitch? We interview the founders and they tell us how they network und chill. You as listeners get great recommendations about how to up your outreach game as a founder.
In our first season, we'll feature startups at one of the coolest tech conferences in the world, the South by Southwest in Austin, Texas. In our introductory episode Joe and Christian explained what the biggest trends were this year now we're looking much more at the details. Our first company is called TankTaler and they're aiming at connecting all our cars.
Sponsor:
Our Sponsor for the Roadtrip to SXSW is Capco Connect.
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Startups are often on the road, so are we! That’s why we start "Startuprad.io Roadtrip" to bring you impressions from the road!
It's a new format, featuring start-ups on the road. What do they do at conferences? How do they find investors? What are their tricks for the perfect pitch? We interview the founders and they tell us how they network and chill. You as listeners get great recommendations about how to up your outreach game as a founder.
In our first season, we'll feature startups at one of the coolest tech conferences in the world, the South by Southwest in Austin, Texas. Hosts Joe and Christian explain in our introductory episode what the biggest trends there were this year and what you can expect from the start-ups featured in the upcoming episodes.
Watch this space or follow us on Twitter (@startuprad_io) to get a new episode every Sunday from "Startuprad.io Roadtrip".
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Chris and Joe talk May startup news form a German perspective. Tune in to keep up
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We talk the news of the startup world from a German perspective with contributors from New York, Munich and Frankfurt.
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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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This time we bring you the recent startup news episode almost on time. Tune in and find out more about the latest startup news in Germany and Europe.
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Welcome back to a new episode of startuprad.io news. This time we are joined by special guest Arjan, who runs an english podcast about the startup scene in Düsseldorf, which is called StartInDus. Tune in now and find out more about his podcast and the latest startup news from Germany and Europe.
Find all the links and show notes on www.startuprad.io
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Welcome back to a new episode with latest startup news from Germany. Tune in and enjoy!
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Christmas News
This recording was done on Friday 18th of December 2015. We talk about the tech bubble, energy startups, travel, Rocket Internet and Joern's experience with IKEA (online). Enjoy.
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This time we bring you two interviews with Entrepreneurs we met at the Euro Finance Tech event, which took place on 19 November 2015 in Frankfurt / Germany:
Thomas Ackermann of Blockchain Industries from Berlin is out to change the computing behind the Blockchain and therefore Internet of Things. His company in turn is in the process of building a 4 times more powerful supercomputer than the fastest one today. They want to offer their computing power in the cloud and look for Venture Capital Funding.
We talk to Ben Bilski from Naga Group, who is a new FinTech incubator, in operations for 4 months now. They now have a location in Frankfurt and there want to grow within 18 months their first FinTech unicorn. They are open to be contacted many ways and look only for FinTech ideas in B2C space who are scalable to billions in revenues. They have the founders of Varengold Bank, CMC Markets and Ben himself former e-commerce entrepreneur with Angelplatz.
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Hey, We are back with a new episode of our monthly startup news podcast show. Tune in and enjoy the latest startup news from Germany.
Find all the links and show notes on www.startuprad.io
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We talk to Markus from Startup Germany about the upcoming Startup Weekend FinTech (September 27th – 29th 2015) in Frankfurt. We talk about the format, what to expect and the great location on the 30th floor of one of the skyscrapers in Frankfurt, the Silver Tower. In addition to that, we will live broadcast a video stream, partnering with Livestream.watch in order to bring you the pitches, teams, mentors, and judges. If you want to get free tickets, just leave a comment below. We will give away 2 free tickets for the event.
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This Episode is a teaser of the upcoming FinMeetsTech event for FinTech startups that will take place on 06.10.2015 in Frankfurt’s School of Finance & Management. Briefly, the event will provide a platform for round-scope experience exchange between startupers and experienced entrepreneurs, as well as bankers and lawyers in field of finance. It’s rich and extensive program is best packed in one day and is definitely worth to visit for entrepreneurs that already have a business plan, product prototype or are working on it. Highlight of the event is a chance to check and stress-test startup’s business model by experts and more experienced business fellows.
The event is organised by the incubator Gründermaschine, recently founded in Frankfurt am Main by Maximilian Voigt, one of its co-founders. He is sharing in next 10 minutes other upcoming event highlights and uncovers the Gründermaschine mission.
Event’s website: Fin Meets Tech event, 6th of Oct.2015
Event’s speakers
Maximilian Voigt:
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The last startup news before the summer break. We will be back end of September.
Find all the links and show notes on www.startuprad.io
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We talk with Christian Fahrenbach (@CFahrenbach), who is a freelance journalist living in New York City, the startup news from Germany for the month of May.
Find all the links and show notes on www.startuprad.io
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This time we got the opportunity to visit the creators of the smart sportswear ANTELOPE in Frankfurt, the maker of the first wearable 2.0. The embedded electrodes in the ANTELOPE suit allows you to make your workout more effective. But the target group is not only limited to athletes. Most likely everyone could use the ANTELOPE suite for example, people who suffer from back pain or too much belly or for rehabilitation purposes after injuries. Tune in now and find out more about the entrepreneurs behind the smart sports suit.
In March 2018, we had an update with Philipp, one of the co-founders: https://www.startuprad.io/frankfurt/follow-up-frankfurt-based-sports-startup-wearable-life-sciences/
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Hi everybody, this time we are talking with Eldar (https://twitter.com/cheffunky) about the startup news form Germany and the World in April. Eldar also speaks about being a foreign student in Germany and shares his thoughts on the Frankfurt Start-Up Scene. Tune in now to learn more.
Find all the links in our show notes on www.startuprad.io
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We talk to Edwina Johnson, the COO of Startupbootcamp’s FinTech Track. She explains the pitch event called FinTech Fast Track and we talk especially about the upcoming FinTech Pitch Event in Frankfurt am Main on the 28th of April. Please note there are also FinTech Fast Track events in other cities around the world (Dubai, Zurich, Tel Aviv, London, …). Applications from all FinTechs are invited, especially women founders are very much encouraged to apply.
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This time we talk with Lyss (@BLYSS_choc) about the latest startup news from Germany.
Find all the links in the show notes on www.startuprad.io
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We talk German startup news with Feli (@Frau_Feli).
Find all the links of the show notes on www.startuprad.io
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On today's episode, we talk with Felicitas (@Frau_Feli) and Lyss (@BLYSS_choc) about the latest startup news from Germany and Europe. Tune in and find out what happened around the startup scene in January and why Feli is so excited about a new mobile banking startup.
Update: The number26 card does not work as both – a credit and a debit card. Instead, it is a MasterCard that functions as a debit card. Read more on VentureVillage.
Some insights:
Industry 4.0: Opportunities and challenges of the industrial internet The Best Digital Business Models Put Evolution Before RevolutionHow much should I raise in my angel round? How should I spend it?Industry 4.0, Big Data and the cloud: driving tomorrow's innovationsA visual breakdown of venture capital trends & data in 2014The Tech Trends You Can’t Ignore in 2015Alternative Lenders Dominate List of ’50 Best FinTech Innovators’
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Today we talk to Pavlos from Dual Shaker, a fitness startup from Germany with production in China, sales in the US, Germany, Italy, Spain, UK, and France, as well as a pending global patent for their invention. We talk with Pavlos about entering the US, their plans for Brazil and for what they want to raise a Series A round of investment. Also, Pavlos announces a big surprise for the industry in April. Now turn in to learn more!
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This is the 2nd part of the interview with Sebastian from consulted, who is a German entrepreneur in Silicon Valley. In this part we talk how he decided to headquarter his company in the USA, the strategic reasons behind his move. We talk about the application process for the company, how to set up an LLC in Delaware, as well as his own visa application process. In this interview you will also find out why he made Stanford University search for its seal.
You can find here the first part of our interview with Sebastian.
Originally published on December 27th 2014
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Enjoy now the latest startup news from Germany in the second episode of startuprad.io. This time with Lyss and Joe.
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In the first of two interviews. We talk to Sebastian, who is a German entrepreneur decided to start with his idea in Silicon Valley to disrupt the consulting market. He headquartered his company in the valley and set up a branch close to his native home in Berlin.
Sebastian tells us in the interview about the idea of an expert platform, where companies can hire experts to help them solve specific problems. Startups, small and medium enterprises can find and request advice from senior experts in their field to help them solve problems and get a holistic view of their problem.
We discuss how consulted could fit into any project work and about building up the company in the USA.
Tune in to learn more and listen to the second part of the interview here.
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We attended the second Startup Weekend in Frankfurt am Main / Rhein-Main region in Germany during October 2014. We did catch some of the teams to make a brief interview about their startup idea after the final pitch. Listen to the ideas and the potential founders who are all seeking capital.
Sascha and Kan developed the idea of classboard.de, which is a one-way communication platform from teachers to their students.Costly sports gear is at the center of the idea of Hui and Karl. They want to develop a platform where one can rent expensive sports gear like surfboard, kayaks and the like.Christian lost his foreign language skills due to a surgery. He taught himself all the English you hear in this interview. He developed talkreal.org to teach other people languages with his own approach.One team was totally enchanted with the idea of the Startup Weekend. They want to set up a café to be a constant 24/7 startup weekend. We talk to Eldar. Also members of the team are Pavlos, Adam, Nazim, Chris, Remi, Maren, Florian and Thorsten.At the first startup weekend in Frankfurt, a team developed the idea what is today https://bettervest.de/. This is a platform which enables energy efficiency projects via crowdfunding. So we will continue to follow the teams and members of the projects and let you know what they are up to.
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Welcome to our first episode of Startuprad.io news. This time with startup news from the month October 2014.
The startup news intent to give people, without knowledge of German, access to the German startup scene. We hope to keep you informed and entertained with our monthly news.
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Frankfurt is on its way to becoming one of the most important fintech hubs in Europe. One of the core initiatives to achieve this leadership positions is the monthly meeting “Between the Towers”. The sponsor of the meeting is main incubator, a Fintech only incubator, who is a subsidiary of Germany's second-largest listed Bank: Commerzbank.
The first investment of main incubator was as lead investor of a 15 mio US$ Series B funding in the leader in B2B Dynamic Payments Traxpay.
During a “Between the Towers”-Event we catch the CEO of main incubator Christian Hoppe and the CEO of Traxpay John Bruggeman for an interview. Turn in to hear what they have to say about Frankfurt, Fintech and financing rounds.
If you are thinking of applying for main incubator, you can learn more here.
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We talk to Lyss from Blyss Chocolate, who originally from Australia, decided to set up her startup in Frankfurt, Germany. Blyss Chocolate offers quality chocolate and chocolate beans to retail and wholesale customers. We talk a lot about chocolate, food and how Lyss ended up in Frankfurt. To learn more about chocolate, take a look at her youtube video.
For every non-German we are curious about how it was to set up a startup in Frankfurt as a German form of an Ltd (GmbH). In the interview she gives us her impression about the administrative work to set up a company in Germany. To our surprise, she really liked it … after an initial adjustment phase. She even calls “IHK (German Chamber of Commerce), Ordnungsamt (city department for code enforcement) and Finanzamt (German IRS) the wholly trinity of good startup advice in Germany.”
We also talk about the transition from a corporate job with PowerPoint and Excel to become a hands-on entrepreneur and much more. Tune in to learn more.
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We talk to Anthony from productive mobile; from the first class of the Microsoft Ventures Accelerator Berlin. He is the co-founder of Evomob and Productive Mobile. Evomob provides its customers a non-coding method to transform a traditional website into a mobile website for smartphones or tablets.
Anthony has an interesting story to tell, how he arrived with this company in Germany. We talk about studies in London, software companies in India, and why one should get more information about a country before setting up shop there.
Anthony and Joern agree that the world is flat and due to this the mobile internet is getting more and more important.
Anthony tells us, how his “old company” Evomob pivoted during its time in the MS Accelerator, into the “new” company Productive Mobile. For Productive Mobile we discuss the help they have gotten from the Accelerator and which doors have been opened by Microsoft for Productive Mobile by the connections.