By Jörn "Joe" Menninger
The podcast currently has 80 episodes available.
Welcome to the Summer 2024 Startup News Wrap-Up from Startuprad.io! In this special Labor Day episode, we cover the most crucial updates from the vibrant startup ecosystems in Germany, Austria, and Switzerland. Whether you’re an entrepreneur, investor, or tech enthusiast, this episode is packed with insights into the latest trends, funding rounds, and ecosystem developments shaping the future of innovation in the DACH region.
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🔍 Episode Highlights:
Helsing’s €450M Series C Funding: Munich-based defense AI startup Helsing has soared to a €4.9B valuation with its recent funding. Discover how this positions Helsing as a leader in European security tech and what it means for the future of AI in defense.
Lilium’s Strategic Dilemma: Explore the challenges faced by air taxi pioneer Lilium, including uncertainties over state aid that could lead to a sale and relocation. Learn how this could impact air mobility and the German startup scene.
Grover’s €50M Funding Amid Market Challenges: Berlin-based tech rental company Grover raised €50M as it navigates economic headwinds. Find out how Grover is pivoting toward sustainable growth and what this means for the tech rental industry.
CatalYm & osapiens: We discuss CatalYm’s €150M Series D funding for cancer immunotherapy and osapiens' €110M investment to expand its global ESG platform. These stories highlight the growing investor confidence in Europe’s deep-tech and biotech sectors.
ECB’s Digital Euro Progress Report: Get updated on the European Central Bank’s first report on the digital euro, marking a significant step in developing Europe’s central bank digital currency (CBDC).
🇩🇪🇦🇹🇨🇭 Local Startup News:
Germany: The AI startup sector in Germany is booming, with a 35% increase in 2024. We explore the opportunities and challenges in this thriving industry.
Austria: Vienna-based HR tech startup Speedinvest Heroes (HROs) has filed for bankruptcy, highlighting the challenges in Austria's HR tech sector.
Switzerland: Swiss startups raised CHF 1.1B in H1 2024, with biotech leading the charge. Despite a 9.5% decline, early-stage investments in AI and energy are showing strong growth.
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#Hashtags: #StartupNews #GermanStartups #SwissStartups #AustrianStartups #TechTrends #FundingNews #AIInnovation #DeepTech #VentureCapital #EuropeanStartups
This Month in German, Swiss, and Austrian Startups - June 2024 | Startuprad.io
Welcome to our June 2024 wrap-up, where we bring you the latest news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland, all in under 30 minutes!
In this episode, recorded with Chris in New York City and Joe joining from Frankfurt, we cover the top highlights from June 25th:
### Highlights:
- Check24's Massive Marketing Campaign: Check24 launched a major campaign, distributing 5 million free Puma football jerseys in Germany, costing around €100 million. This initiative has sparked vibrant online discussions and driven app downloads, despite privacy concerns.
- Aviation News: Lilium seeks €300M in government aid to advance its "Lilium Jet," while Volocopter continues to vie for funding.
- Insurtech Updates: WeFox faces internal strife that could significantly lower its valuation from $4.5 billion, while Clark is preparing for a substantial funding round under new leadership.
- Amazon's Investment in Germany: Amazon announces an additional €10 billion investment in Germany, focusing on cloud data storage and logistics, bringing their total investment in the country this year to €17.8 billion.
- DeepL's Milestone: DeepL becomes Germany’s most valuable AI startup with a $2 billion valuation, following a $300 million investment.
- Black Semiconductor's Major Funding: Black Semiconductor secures €254.4 million to boost Europe's semiconductor industry, with plans to open a pilot facility in Aachen by 2026.
- Cognigy's AI Advancements: Cognigy raises $100 million to enhance AI-driven customer service automation, supported by major brands like Lufthansa, Toyota, and Mercedes-Benz.
- Flix's Strategic Moves: Flix considers private equity investment from EQT, potentially acquiring a 30% stake and altering Flix's path to a public offering.
Join us as we delve into these stories and more, highlighting the dynamic changes and strategic shifts in the DACH startup ecosystem. Stay informed with the latest developments in tech and entrepreneurship in Germany, Austria, and Switzerland.
For more in-depth coverage and analysis, visit our blog at [startuprad.io/blog](https://startuprad.io/blog).
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### Podcast Description: The Path to US VC Funding: Tips from JC2 Ventures Partner Yvette Kanouff
In this episode of Startuprad.io, host Jörn "Joe" Menninger sits down with Yvette Kanouff, Partner at JC2 Ventures, to discuss the secrets to optimizing your VC pitch. Drawing from her extensive background in mathematics and technology, Yvette shares invaluable tips on crafting concise and compelling presentations, simplifying complex concepts, and understanding the perspectives of venture capitalists.
Join us as we delve into the importance of networking, building long-term relationships, and the power of personal meetings in the fundraising journey. Yvette also highlights key investment areas such as AI, security, fintech, and clean energy, emphasizing the role of disruptive technologies and stringent financial criteria in successful pitches. Additionally, Yvette shares her experiences with investments in anti-drone technology and the potential for European startups in deep tech and green tech.
Whether you're navigating cross-country investments, leveraging AI advancements, or preparing for your next pitch, this episode is packed with actionable insights to help you succeed. Tune in for a conversation that’s sure to inspire and inform your entrepreneurial journey. Don't miss out on this engaging and informative episode!
Key Topics:
- Yvette's career in mathematics and technology
- Tips for concise and effective pitching
- Understanding VC perspectives and financial criteria
- The role of disruptive technologies in investment
- Networking strategies and building long-term VC relationships
- Insights into AI investments and the startup ecosystem
- The future of deep tech and green tech in Europe
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Guest:
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Tune in now for expert advice on securing VC funding and taking your startup to the next level!
Introducing 93. How to Build a 7 Figure House Cleaning Business w/o Cleaning Houses with Jon Margalit from Millionaire University.
Follow the show: Millionaire University
In today's episode, Jon Margalit, owner of America's fastest-growing home cleaning business, talks with Brien Gearin about the viability and tactics of building a million-dollar business in the local service industry. John shares his journey from learning sales in the mortgage industry to failing in the tech startup scene, and finally striking gold by solving a common problem: cleaning homes. He emphasizes focusing on generating revenue by providing value in areas others neglect, like cleaning Airbnbs, and the importance of differentiating from competitors through rapid response and superb customer service. Jon details how his sales and digital marketing strategies have set Happy Home Helpers apart, leading to rapid growth and the ability to operate from anywhere, inspiring entrepreneurs to consider local service businesses as a viable path to financial freedom.
+ John Margalit's Journey: From Sales to Cleaning Empire
+ The Birth of Happy Home Helpers: A Million-Dollar Idea
+ Scaling Success: Strategies Behind a Thriving Cleaning Business
+ Mastering the Airbnb Cleaning Niche: A Game Changer
+ Innovative Staffing and Customer Service: The Backbone of Growth
+ Expanding Horizons: The Future of Happy Home Helpers
+ Entrepreneurial Wisdom: John's Advice for Aspiring Business Owners
+ The Power of Speed and Availability in Business
+ The 'Yes' Strategy: Transforming Customer Service
+ Mastering the Art of the Discovery Call
+ The Impact of Asking the Right Questions
+ Building a Successful Local Service Business
+ Closing Thoughts and Resources
Click here for Jon's FREE training on how to start and grow a remote house-cleaning business of your own.
Happy Home Helpers
Overpass.com
Sign up for our FREE Business Course — for those who want to start a business, currently have a business and want to grow, or have a skill that they want to turn into a business. Understand the 7 Phases of A business, so you know where you are now and where you need to go next! - at https://www.millionaireuniversity.com/training.
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DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to [email protected].
Welcome to our May 2024 wrap-up, delivering vital news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland—all in 30 minutes or less! 🎧
Join Chris from New York City and Joe from Frankfurt as they bring you the latest updates in the GSA region. Due to Whit Monday and travel plans, this news cut is from May 16th. Any news not covered today will be included in our next wrap-up.
#### Schedule:
- Next Episode: June 27th
- Summer Wrap-Up: September 2nd (Labor Day)
We'll have a lighter summer program, possibly with more frequent updates, based on listener requests.
#### Highlights:
The startup scene is roaring back in GSA, with large investments and early-stage innovations. Grab a drink and a snack—this episode is packed with positive news and is longer than usual.
- New VC Funds Raised: Over $7.5 billion
- Germany's Air Taxi Dilemma: Lilium and Volocopter are at a crossroads, with France offering subsidies while Germany debates state support.
- Amazon's €7.8 Billion Investment: Development of a purely European cloud storage infrastructure in Brandenburg.
- WeFox Challenges: Valuation setbacks amid growth challenges.
- Alzheimer's Research Boost: Takeda and AC Immune's $2 billion partnership.
- Biontech's Resilience: Despite Q1 losses, Biontech advances its oncology pipeline and prepares for a renewed push in COVID vaccine demand.
For detailed news and updates, visit our [blog](https://startuprad.io/blog) with all the latest stories. Interested in collaborations or advertising opportunities? [Storefront](https://workspace.passionfroot.me/startupradio).
Don't forget to subscribe on Spotify and Apple Podcasts to stay updated with the latest news from the GSA startup scene!
---
Detailed Topics:
1. Will German Air Taxis Fly?
Germany debates support for air taxi startups Lilium and Volocopter, while France offers subsidies. Lilium is in advanced talks with the French government for expansion plans and potential financial aid. [Read more](https://buff.ly/3UBNCHS).
2. Amazon's Investment in Brandenburg:
Amazon's €7.8 billion investment in Brandenburg to develop purely European storage capacities highlights its commitment to data sovereignty. [Read more](https://buff.ly/3V1PJpN).
3. WeFox Valuation Takes a Hit:
WeFox faces valuation woes amid growth challenges, impacting its once promising trajectory in insurtech. [Read more](https://buff.ly/3UIByES).
4. Alzheimer's Research Collaboration:
Takeda teams up with Swiss firm AC Immune in a deal potentially exceeding $2 billion to fight Alzheimer's. [Read more](https://buff.ly/4dJN5wk).
5. Biontech's Oncology Advances:
Despite significant Q1 losses, Biontech continues to advance its oncology pipeline and prepares for a renewed push in COVID vaccine demand. [Read more](https://buff.ly/3wDhn33).
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In just 30 minutes, get the latest on the hottest entrepreneurship news from the heart of Europe! From groundbreaking acquisitions to futuristic ventures, here's what you need to know:
🔬 Novo Nordisk's €1.025B Biotech Splash! Discover how Novo Nordisk's landmark acquisition of Cardior Pharmaceuticals is reshaping the biotech landscape.
🚁 Volocopter's €150M Boost! Despite challenges, Volocopter gets a significant funding injection for its flying taxi vision.
💡 Zolar Shines with €100M! Learn about Zolar's massive credit line and its innovative financing options.
💰 ELEMENT Scores €50M! Explore how ELEMENT is revolutionizing InsurTech with its latest funding round.
🏦 Berlin: Fintech Capital! Berlin solidifies its status as the Fintech Capital with 160 thriving startups.
🛰️ Mynaric's Space Laser Triumph! Witness Mynaric's milestone in global space development with the CONDOR Mk3.
Don't miss out on the latest tech and entrepreneurial breakthroughs! Watch now for all the details. #entrepreneurship #technews #startupscene #startupradio
https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-march-april-bb97d8243696
Welcome to our March 2024 wrap-up with vital news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂.
Our startup news is recorded with Chris in New York City and Joe in Frankfurt. Recording date is March 25th 2024 and all news not included will be in our next news to be released on April 25th 2024.
Today we publish on Holy Thursday (Gründonnerstag) in Germany. Note that the Friday before and Monday after Easter are public holidays. Many people will take off around the holidays. So don’t expect your calls to be returned promptly during this time.
You are witnessing a seismic shift in the GSA startup scene with us here and today. The headlines of our startup news used to be dominated by fintech funding. Now we have more than 7 billion € investments in green startups (battery, renewable energy) vs. “only” around 150 million in fintech funding in different forms. This is surely a foretaste of what’s to come.
The European energy landscape is witnessing significant developments with key investments across sectors.
Northvolt’s Gigafactory in Northern Germany, backed by €900 million in subsidies and a €4.5 billion investment, aims to produce 1 million car batteries annually, driving electric vehicle adoption and job creation.
Enpal secured €1.1 billion in refinancing commitments, while Sunfire raised over €500 million, bolstering Europe’s green hydrogen economy.
ENVIRIA secured $200 million in capital from BlackRock, signaling confidence in the solar sector.
Solaris Bank secured €96 million in funding but faced a €6.5 million fine from BaFin, reflecting fintech regulatory challenges.
Magic gained traction with open AI’s and Tesla’s former Andrej Karpathy as investor, and Bitpanda established a €50 million VC fund for blockchain startups. However, the startup community grapples with stress, with nearly half considering quitting, underscoring the toll of rapid innovation.
Let’s talk startups: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-march-2024-a49996ca44f9
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The news are co-hosted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. And Christian “Chris' ' Fahrenbach, co-founder Startuprad.io, freelance reporter, lecturer, author and blogger . Reach out to them:
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Have a look here: https://www.passionfroot.me/startupradio
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In this episode, we dive deep into the latest tech and startup highlights shaping the landscape of innovation. Join us as we explore groundbreaking developments and game-changing investments that are driving progress in the tech world.
1. Microsoft's bold move to invest 3.3 billion euros in expanding data centers in Germany is a testament to the importance of AI and cloud computing. Chancellor Olaf Scholz applauds this commitment to progress and global openness.
2. Vienna-based AI startup Magic secures a whopping $117 million in funding, setting ambitious goals to surpass ChatGPT-4 with its AGI ambitions. Meanwhile, Stuttgart's Instagrid raises an impressive $95 million to expand into North America with its innovative portable battery systems.
3. Amidst the success stories, we also shed light on the challenges faced by fintech and MedTech sectors. Elinvar grapples with insolvency despite a hefty €50 million investment, while Sanity Group, a cannabis company, makes tough decisions by cutting staff.
4. But there's no shortage of triumphs! BioNTech emerges victorious in a lawsuit, Flixbus makes strides by expanding to India, and Mondu secures a massive €30 million for its expansion plans. However, changes in German insolvency regulations pose new challenges for debt-funded startups like Instafreight.
5. And lastly, EV charging platform Monta electrifies the scene by raising an impressive €80 million for its European expansion, signaling a bright future for sustainable transportation.
Stay ahead of the curve with Startuprad.io as we bring you the latest updates and insights from the dynamic world of tech entrepreneurship. Don't forget to subscribe and hit the notification bell to never miss out on our exclusive content! #technews #startupradio #entrepreneurship #innovation #techinvestments #ai #cloudcomputing #AGI #fintech #medtech #biontech #evcharging #MontaExpansion
Let's talk startups: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-february-2024-c5d6ea9a5b5c
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Tune in to the latest episode of our podcast, where we discuss the top news and trends in German, Swiss, and Austrian (GSA) startups. From European unicorns to emerging tech companies, we cover it all in this monthly show. Don't miss out on the latest tech news and startup updates!
Joe already did a 2023 review focused on valuations and investments. All publications more or less agreed that 2023 was hopefully rock bottom for startups, their valuation, funding and founding of new ones and it should get better. Thumbs pressed for that (as is German custom). Our former guest Finn raises 100 M€, unicorn 1Komma5 Grad is looking for 100 M€, Unzer loss amounts to 400 M€ and Everphone raises 270 M€. Despite the dire situation, almost 2,500 new startups were founded in Germany. Also one should take notice of Karlsruhe, a city with a world-class technical university, that is home to INTERATEC which raised 118 M€ for efuels. Please, take a moment and match again all the bad news we have gathered here and weigh it against entrepreneurs sticking their heads out and even raising hundreds of millions from investors. Congratulations to those brave ones! Let's talk startups:
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#startupradio #startupnews #startuppodcastgermany #technews #technologynews #techpodcast
Join us for a deep dive into the startup world of Germany in 2023! We'll recap the latest trends in startup valuations and investments, featuring top Berlin, Hamburg, and other German startups. Learn about the innovative ideas and entrepreneurs driving the German startup scene forward. Don't miss out on this valuable information for investors and aspiring entrepreneurs alike!
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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. The best way to find investors and cooperation partners for early-stage startups. Sign up here: https://startupraven.com/
https://medium.com/startuprad-io/deep-dive-a-recap-of-2023s-startup-valuations-and-investment-trends-d0d876b4cd1e
We are talking about #Startupscene #germanstartuppodcast #germanstartups #startups #innovation #entrepreneur #entrepreneurship #businessnews #insolvencies #earlystageinvestment #seed #seedfunding #preseedfunding #laterstagefunding #valuation #privateequity #venturecapital #fundraising #deeptech #biotechnology #AI #europeanstartupodcast #europeanstartup #startupeurope #ecosystem #ecosystems #scalablestartups #jobcreation #marketcapitalization #dealvolume #europeanperspective #cleantechnology #cleantech #fundingslump #biotechcompanies #entrepreneurinterviews #startupradio
The podcast currently has 80 episodes available.