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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 [email protected] / Twitter  / LinkedIn / Video Interview (2018)

Chris Fahrenbach [email protected] / Twitter / Homepage / Video Interview (2018)

 

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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/

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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Find the original interview here: https://www.startuprad.io/blog/bita-allows-the-calculation-of-tailored-indices/

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.

Looking for services or equipment for your startup? Consider using our affiliate partners below (AL mark Affiliate Links):

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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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