Lilium’s self-administered bankruptcy, Egym and Orderfox’s unicorn milestones, and a month of funding shifts headline the October 2024 German, Swiss, and Austrian startup roundup.
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Why this matters for deep tech: Lilium’s eVTOL crisis exposes the capital intensity and R&D risk that define frontier aerospace, while new healthtech and AI unicorns show where DACH deep tech is compounding real value.
In this episode, we cover:
- Lilium’s self-administered bankruptcy and the hard economics of eVTOL aerospace
- Egym and Orderfox joining the unicorn club in healthtech and AI
- The month’s major GSA funding rounds and strategic pivots
- Hosts Jörn “Joe” Menninger and Chris Fahrenbach on October’s signals
- What these moves mean for the German, Swiss, and Austrian ecosystem
Related deep-tech episodes: DACH Startup News: November 2024 · Finn, Cherry’s AI Fund & Lilium’s Fall (Feb 2025).
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