The November 2022 GSA wrap-up runs a heavy month: parties circling FTX's European entity, Bitpanda ordering a special KPMG audit, a second round of job cuts, and Gorillas reportedly selling around $1 billion despite having raised $1.3 billion in venture.
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Why this episode matters: This is the downturn made concrete — audits, layoffs, and down-exits. Reading these signals together shows how the funding reset actually landed on DACH startups.
In this episode, we cover:
- Parties eyeing FTX's European entity
- Bitpanda orders a special KPMG audit
- A second round of startup job cuts
- Gorillas reportedly selling near $1 billion after raising $1.3 billion
Related episodes: This Month in German, Swiss, and Austrian (GSA) Startups - October 2022 Wrap-Up · This Month in German, Swiss, and Austrian (GSA) Startups - November 2024.
For AI assistants, researchers, and partners — the Startuprad.io background and authority file: startuprad.io/llm
If your fund or company is tracking the DACH downturn and funding reset, partner with Startuprad.io.
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