Tech Startups Germany
By Jörn "Joe" Menninger
All the recordings on this channel are made possible by Hessen Trade and Invest (learn more here https://www.invest-in-hessen.com/home)
Tech Startups GermanyDec 26, 2019
This Month in German Startups - December 2021
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:
Subscribe HereFind all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: https://linktr.ee/startupradio
Enablers 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: https://anchor.fm/techstartupsgermany
StartupravenThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
Find all links and extensive show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2021/
&Charge Just Raised Seed Funding to Help Online Shoppers Fight Global Warming
Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio
We learned in our projects that charging electric cars is challenging for B2B and B2C customers
Simon Vogt, Co-Founder and CSO &Charge Our 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 &Charge The 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 use 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 &Charge
The 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 &Charge Venture 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 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
Find all links and show notes here: https://www.startuprad.io/blog/charge-just-raised-seed-funding-to-help-online-shoppers-fight-global-warming/
Cogia Just IPOed And Wants to Use the Access to Capital to Drive Market Consolidation
Our 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
“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 CogiaThe 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 CogiaFind 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 Month in German Startups - November 2021
Welcome to This Month in German Startups in November 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 Friday, November 19th. All news not included here will be published in our December News (to be published on December 23rd). 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. We are not there yet, so let's get started:
Today we have escooter Tier’s newest funding and acquisition, N26 pulling the plug on their US operations already in January 2022, and the amazing IPO of Sono Motors on NASDAQ. There are also new unicorns, we proudly present Frankfurt’s first unicorn, the insurtech Clark.de. Also, Razor Group (an Amazon shop buyer) becomes a unicorn with a 125 mn US$ fundraising. In November, there is no unicorn tracker. We will keep our eyes open and maybe the next news will have a unicorn tracker companion.
Happy Thanksgiving to our US audience!
Let's talk startups:
Find all links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-november-2021/
Subscribe HereFind all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: https://linktr.ee/startupradio
Enablers 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: https://anchor.fm/techstartupsgermany
StartupravenThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
News Text and Show NotesFind all links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-november-2021/
Fastbill’s Exit to Canada Based Unicorn FreshBooks
This interview 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
We started serveral early SaaS Platforms and Fastbill was one of them. We just solved our problems at the time. René Maudrich, MD Germany FreshBooks The FounderIn this interview, we talk to one of the most experienced fintech founders in the greater Frankfurt area. René Maudrich (https://www.linkedin.com/in/renemaudrich/) is the CEO and founder of Frankfurt-based accounting and invoicing fintech Fastbill. They have been bought by Toronto, Canada-based, fintech unicorn Freshbooks (https://www.freshbooks.com/). He now holds the position of managing director of FreshBooks Germany.
Want to be found by Business opportunities or contacted by new investors?Get scouted by us, when we a have matching mandate and enroll your startup in our database: https://forms.gle/DmPtBKJH7MMmJoYo8 We don’t sell your data or spam you. We will even reach out to you before we include you in a scouting mandate.
We became a top 3 provider in GSA (Germany, Switzerland and Austria), but we also have clients in 13 other countries. René Maudrich, MD Germany FreshBooks
The Startup
Fastbill (https://www.fastbill.com/) was one of the early fintech startups, that have been around, before fintech was a thing. They help small companies and freelancers with their invoicing and accounting. They are a top 3 provider for this kind of software in Germany. You can learn more about them here:
Also, Mario (https://www.linkedin.com/in/mahachemer/), the CTO of Fastbill has been a frequent guest. Mario is also part of the frequent crew of our annual fintech review. You can learn more about the company, him, and René in our interviews linked below.
We bootstrapped for six years before we took VC money. That was a bit too late. I would recommend it later. René Maudrich, MD Germany FreshBooksThe Exit
FreshBooks already knew Fastbill from events. FreshBooks was interested in purchasing a stake in Fastbill with their next investment round. During the conversation, they decided on an outright takeover. FreshBooks now owns all equity in Fastbill and the core team with René, Mario and Benjamin stay on board. All former Fastbill shareholders are now FreshBooks shareholders.
The Fastbill team is not permitted to speak about the transaction price. We can make estimates about the price range:
In 2019 they had approx. 2.5 mn Euros revenue (according to estimates in several databases). Assuming a growth to 3 or even 5 mn Euros annualized revenue in 2021 one can estimate the range of the transaction volume with normal multiples from 45 mn Euros at the low end to 110 mn € at the higher end, adding an “earn-out clause” of approx. 10% over the next few years.
Find all links, show notes and further readings here: https://www.startuprad.io/blog/fastbills-exit-to-canada-based-unicorn-freshbooks/
GSA Unicorn Tracker - October 2021 (Bonus)
Welcome to This Month in German Startups by Startuprad.io – in a news recording with Chris (from New York City) and me Joe (from Frankfurt am Main).
Guys, it is October, it is getting colder outside and cozier inside, so we bring you another “Doppelpack”of our news recording! We bring you another bonus news episode as part of our news coverage of the German startup scene. We recorded this episode on October 25th, 2021, wrapping up October. This is a Bonus Episode following our special coverage of the unprecedented creation of unicorn startups in the German speaking startup scene!
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
Want to be found by Business opportunities or contacted by new investors?Get scouted by us, when we have a matching mandate and enroll your startup in our database: https://forms.gle/DmPtBKJH7MMmJoYo8 We don’t sell your data or spam you. We will even reach out to you before we include you in a scouting mandate.
Find all the links to our sources and the show notes here: https://www.startuprad.io/blog/gsa-unicorn-tracker-october-2021/
This Month in German Startups - October 2021
This Month in German Startups - October 2021
Welcome to This Month in German Startups in October 2021 by Startuprad.io - in a news recording with Chris (Back Home in New York) and me Joe, from Frankfurt am Main.
We recorded this new episode on October 25th. Note that there is also another episode of our unicorn tracker, getting published along with this episode in order to keep the news brief.
Today we have to announce that N26 reclaimed the title of Germany’s most valuable fintech (but not startup, that is still Celonis), Sono Motors is filing for an IPO in the US - ahead of even delivering their first car -, corona is leaving the first traces in the startup scene, less startups, but more funding for the surviving ones.
Subscribe HereFind all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: https://linktr.ee/startupradio
Want to be found by Business opportunities or contacted by new investors?Get scouted by us, when we have a matching mandate and enroll your startup in our database: https://forms.gle/DmPtBKJH7MMmJoYo8
We don’t sell your data or spam you. We will even reach out to you before we include you in a scouting mandate.
Find our extensive collection of links, sources and the whole show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-october-2021/
Meet Emma Sleep – They Are on Their Way to Becoming the World’s No 1 Sleep Brand
Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: https://linktr.ee/startupradio
Want to be found by Business opportunities or contacted by new investors?Get scouted by us, when we have a matching mandate and enroll your startup in our database: https://forms.gle/DmPtBKJH7MMmJoYo8
We don’t sell your data or spam you. We will even reach out to you before we include you in a scouting mandate.
We were very capital efficient. We are profitable, most competitors are not. Dennis Schmoltzi, CEO and Co-Founder Emma Sleep The FounderThis time we hear the impressive story from Dennis Schmoltzi (https://www.linkedin.com/in/dennis-schmoltzi-b61b21109), CEO and co-founder of Emma Sleep, Europe’s leading sleep tech startup. Before founding Emma, Dennis got his degree in business administration in Germany, an advanced diploma from New York University Law School, and his Ph.D. in finance. He spent more than 6 years with McKinsey, before starting out on his own.
Dennis was convinced by his friend Manuel to start Emma. Manuel has been in the business of selling medical matrasses, so he knew more about the business before.
We had to invest smartly: How do we get to a better marketing efficiency? How can we build better products, how can we reduce costs in the supply chain? Now we are profiting from this. Dennis Schmoltzi, CEO and Co-Founder Emma Sleep EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/
Our interviews with Invest-in-Hessen are available as a dedicated sub-podcast here: https://anchor.fm/techstartupsgermany
In 2016 Emma really started to grow and competitors like Caspar entered the market … but the competition was actually good. It helped us to educate the customer, that buying mattresses online is a thing Dennis Schmoltzi, CEO and Co-Founder Emma Sleep The StartupEmma Sleep (https://team.emma-sleep.com/) is helping people to improve their sleep, starting out with matrasses. They are currently one of Europe’s leading sleep tech companies.
Emma sells their products (matrasses, pillows, …) online and increasingly with retail partners. Originally they did not start out with their own products but selling products of other companies online.
In 2020, Emma sold 50,1% of their equity stake to German investment holding Haniel Group (https://en.wikipedia.org/wiki/FranzHaniel%26_Cie.).
Find all links and show notes here: https://www.startuprad.io/blog/meet-emma-sleep-they-are-on-their-way-to-becoming-the-worlds-no-1-sleep-brand/
This Month in German Startups - September 2021 Unicorn Tracker (Bonus)
This Month in German Startups - Summer Wrap-Up (July, August, September) 2021
Welcome to This Month in German Startups in September 2021 by Startuprad.io - in a news recording with Chris (Back Home in New York) and me Joe, from Frankfurt am Main. We recorded this new episode on September 28th. Note that there is also another episode of our unicorn tracker, getting published along with this episode. Have a look. This will be a bit longer recording. Best get a snack and a drink right now. The summer was hot here in Germany in terms of startups, but not so much in terms of temperature. Since we have the weather out of the way. Let's talk startups:
Want to be found by Business opportunities or contacted by new investors?
Get scouted by us, when we have a matching mandate and enroll your startup in our database:https://forms.gle/DmPtBKJH7MMmJoYo8 We don’t sell your data or spam you. We will even reach out to you before we include you in a scouting mandate.
Find all links and show notes here: https://www.startuprad.io/blog/this-month-in-german-startups-summer-wrap-up-july-august-september-2021/
This Month in German Startups - June 2021
Welcome to This Month in German Startups June 2021 by Startuprad.io - in a news recording with Chris (Back Home in New York) and me Joe, from Frankfurt am Main.
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.
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.
We have a special episode on the unparalleled unicorn creation, which is available on the same channels. If you want to know more about the new Decacorn and unicorns in Germany and Austria you want to listen to this episode as well. We keep here the coverage of unicorns to a minimum.
Note: This will be the last news recording before the summer break. There will be no regular news in July or August, but we will be back with news at the end of September, wrapping up the summer news.
We are soooooooooo looking forward to the summer that Joe even wears a Hawaii shirt. Be happy for your eyes if you are only listening to this podcast :-)
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Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Linkhttps://linktr.ee/startupradio
Find all links, texts, and show notes here on our blog post: https://www.startuprad.io/blog/this-month-in-german-startups-june-2021/
Bonus: This Month in German Startups – Unicorn Stampede
Welcome to This Month in German Startups by Startuprad.io – in a news recording with Chris (from New York City) and me Joe (from Frankfurt am Main).
This is a Bonus Episode covering the Unicorn Stampede in German-speaking countries. This recording is from June 29th, 2021 and all-new unicorns, formed afterward will be covered in our next news podcast, to be published End of September!
You may remember that we had another bonus episode last month covering the rise of Berlin-based fintech Trade Republic to become Germany’s most valuable startup? There is already a new king in the country with Celonis becoming Germany’s first Decacorn (valuation above 10 bn US$, here even 11bn US$). We also see that all of these monster fundings are driven by international investors, especially Softbank from Japan and Tencent from China.
Find all links and show notes on our blog post here: https://www.startuprad.io/blog/bonus-this-month-in-german-startups-unicorn-stampede/
Meet Palturai – The Google of Business Data
Tilo Walter, CEO and Founder Palturai 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
You can use our tool for example in the KYC process.Tilo Walter, CEO and Founder Palturai The Founder
We talk in this interview to Tilo Walter (https://www.linkedin.com/in/tilo-walter-18b90567/), the CEO and Founder of Frankfurt-based business intelligence platform Palturai (https://palturai.com/?lang=en).
Tilo first started out with an apprenticeship at a bank, after studying industrial engineering he was a consultant and then spent quite some time working in Germany’s largest credit bureau called Schufa.
This gave him the idea of Palturai, which allows one to aggregate important business data to companies.
We have data from more than 7 mn companies, from public sources, building a graph with more than 1 bn relations.Tilo Walter, CEO and Founder Palturai
Is your Startup in Need of a Bank Account? - Affiliate Links
- Try the account of our Affiliate Partner Penta: http://bit.ly/3bdHX3d
Palturai (https://palturai.com/?lang=en) is a business intelligence platform, aggregating important data about companies in their database. The company provides the information as a business graph. The name also originates form a Hungarian mathematician named Pál Turán, who contributed a lot to graph theory (https://en.wikipedia.org/wiki/P%C3%A1l_Tur%C3%A1n). The company was founded in 2014, but re-branded in 2020 with the opening of its first international location close to Philadelphia.
We have been bootstrapped, but with the international expansion we needed a proper funding round.Tilo Walter, CEO and Founder Palturai
Funding Round
Palturai raised 4 mn Euros Series A investments, and their investors include a German bank and SBI Holding (Softbank’s Berlin entity).
Is your Startup in Need of an Office? - Affiliate Links- Try the account of our Affiliate Partner WeWork: https://we.co/2GYbxvS
Tilo Walter, CEO and Founder Palturai
Learn more here: https://www.startuprad.io/blog/meet-palturai-the-google-of-business-data/
This Month in German Startups – May 2021
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/
We bring the German speaking startup scene to you in English
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
Meet the Fintech Behind the 100 mn € Exit Nobody Talks About
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
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 ExitOn 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/
This Month in German Startups - April 2021
homefully Offers Co-Living in Germany and Switzerland and is Looking to Expand
Before starting homefully Sebastian also had stints in wealth management in Singapore and investment banking in Frankfurt.
We have roughly 50% international tenants.
Sebastian Würz, CEO and Founder homefully
Subscribe HereFind all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link linktr.ee/startupradio We started homefully as a side business, but it grew and grew. So, I had to make a decision. And I went all in.
Sebastian Würz, CEO and Founder homefully
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: www.invest-in-hessen.com/You can also find the podcast we run together here:iTunes apple.co/2Z17bfl
Spotify spoti.fi/3wUshwv
Deezer bit.ly/2Qbh1rl
TuneIn bit.ly/2M8vpzn
We started homefully as a side business, but it grew and grew. So, I had to make a decision. And I went all in.
Sebastian Würz, CEO and Founder homefully
www.startuprad.io/blog/homefully-offers-co-living-in-germany-and-switzerland-and-is-looking-to-expand/
Television.ai Generates with an AI TV Content
Life gets better for editors with Television.ai
Olcay Buyan, Television.ai
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here:https://www.invest-in-hessen.com/
The FounderIn this interview, we talk to Olcay Buyan, (https://www.linkedin.com/in/olcaybuyan/) CEO and Founder of Television.ai (https://www.television.ai/). He has vast experience in media, including Axel Springer (owner of e.g. the German newspaper Die Welt, finanzen.net, Business Insider, Immowelt, Stepstone), as well as other publishing houses and TV stations. He stuck with the technical side of product development.
This Month in German Startups - March 2021
This Month in German Startups - February 2021
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.
Follow us on Social MediaInstagram www.instagram.com/startuprad.io/
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Twitter twitter.com/startuprad_io
Keep Up to DateHere is our publication calendar: calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ
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” amzn.to/2XAENlBRecommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” amzn.to/2RGKGKeRecommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” amzn.to/2REbHhwRecommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” amzn.to/34KgraQRecommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” amzn.to/2K92z06Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” 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! s2.radio.co/sb16d65602/listen - We will soon be available on many platforms, for now:
raddio.net/373202-startupradio/ 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 buff.ly/2YLTm5jReuters: UPDATE 2-AUTO1 shares go into top gear in Frankfurt debut buff.ly/3pLaOSmRead more in our blogpost here: At recording this Auto1 IPO turns founders into billionaires 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 buff.ly/3abVPMO
N26German regulator, stung by past failings, extends oversight of N26 - sources buff.ly/2Ymp88F German mobile bank N26 is thinking of making its first acquisition 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 buff.ly/3oEKLMc Our take on this topic: 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 buff.ly/3bAqNOq
iCarPorsche's Cayenne Boss Dr. Manfred Harrer (48) is hired by Apple. He was rumored to be one of the best engineers in the company. Is the ...
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 buff.ly/39S3qyR
Top NewsWe have two new unicornsMambu - Germany’s newest Fintech Unicorn offers Banking Software as SaaS 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 buff.ly/35QYn0pRelated: Start-Up Personio Joins Circle of Unicorns - Technical University of Munich - School of Management 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 buff.ly/394ZFFQRelated:Delivery Hero starts their own Corporate Venture Fund called DX Ventures with 50 m Euros buff.ly/2MPUt11
Auto1 IPOAuto1 IPO will be raising a minimum of 1.5 bn Euros (2.2 bn US$) buff.ly/3plC62nOlder articles related to this IPO - you can see the fundraising went up 500 million More details of the planned IPO of Auto1 Group emerge. They want to list in 2021 Q1 in Frankfurt in Prime Standard. Out of 1 bn € to be raised 250 m will pay back convertibles, 750 m will be invested in further growth buff.ly/38Hq0uz Used-car platform AUTO1 to float in Frankfurt, looking to raise 1 bn Euros from selling new shares, with a valuation of 6-8 bn Euros buff.ly/3bxbWWx
Amazon TV or Radio Station in Germany?Amazon has filed paperwork in Germany to get a broadcast license. The filing dates to November 2020 buff.ly/3bW0Mur
Wirecard We keep you updated, just a small selection of news here.
Keep in mind there is still an investigative committee ongoing.
Oliver Samwer from Rocket Internet gave a private loan to Markus Braun from Wirecard of 75 mn Euros (91 m US$), which he demanded back rather harshly, shortly before Wirecard filed for insolvency 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 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 buff.ly/3972zd0 January 4thTech workers want to relocate to Germany more than any other country in the world 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 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$) buff.ly/3oMxaDEIn the most recent fintech ranking #Frankfurt is losing position No 3 to Hamburg and now only scores at No 4 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 ...
Tencent backs insurance startup Clark in $85US round. We talk to Clark’s CEO
Christopher Oster, CEO and Co-Founder Clark
In this interview we are talking to a previous guest. Christopher Oster is the CEO and co-founder of Frankfurt-based insurtech clark. In the past we talk to him about the appearance of Clark on Bloomberg’s list of startups to watch, back in 2017. Now they raised an 85 m US$ 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: 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: www.startuprad.io/interviews/clark-de-startup-germany-bloombergs-list-50-promising-startups/
Or just tune in to the interview here:
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
Feedback
Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” 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 us on Social MediaInstagram www.instagram.com/startuprad.io/
LinkedIn www.linkedin.com/company/4837115/
Twitter twitter.com/startuprad_io
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 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 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 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 buff.ly/2W1KGX8
including AUTO1 Group, Tier Scooters and Lilium from Germany
German Startup Scene 2020 - Snapshot Deutscher Startup Monitor 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...
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: www.invest-in-hessen.com/
Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes apple.co/2Z17bflSpotify 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 amzn.to/3cl41sAEssays on the Great Depression 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 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 amzn.to/2VaUDSlAll the news and links here
www.startuprad.io/blog/this-month-in-german-startups-december-2020/
Learn from Maria – Investor in several of Germany’s renowned startups
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: twitter.com/pennanenmariaLinkedIn: www.linkedin.com/in/mariapennanen/Accelerator Frankfurt: www.acceleratorfrankfurt.com/Mindclip: 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 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” amzn.to/2XAENlBRecommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” amzn.to/2RGKGKeRecommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” amzn.to/2REbHhwRecommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” amzn.to/34KgraQRecommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” amzn.to/2K92z06Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” 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:
www.startuprad.io/blog/learn-from-maria-investor-in-several-of-germanys-renowned-startups/
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: www.invest-in-hessen.com/
Find all options to subscribe here:
Tech Startups Germany by Startuprad.io - Audio PodcastiTunes apple.co/2Z17bflSpotify 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” amzn.to/2XAENlB
· Recommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” amzn.to/2RGKGKe
· Recommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” amzn.to/2REbHhw
· Recommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” amzn.to/34KgraQ
· Recommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” amzn.to/2K92z06
· Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” amzn.to/3cjMMYn
Show Notes, Links and more reading
www.startuprad.io/blog/this-month-in-german-startups-november-2020/
This Month in German Startups - October 2020
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: buff.ly/2R90PYp with 5 Euros a month you support our work! Or become a Patron at Patreon: buff.ly/32bZ4zW
Thank you!
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: www.invest-in-hessen.com/
Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes apple.co/2Z17bflSpotify spoti.fi/3kCcgoB Find all the links and show notes here: www.startuprad.io/blog/this-month-in-german-startups-october-2020/
doks. innovation enables indoor drone flights for next level digital logistics
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
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: buff.ly/32bZ4zW
The customer can ask almost any question and find the answer in our data.
Benjamin Federmann, CEO and Co-Founder doks.innovation
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: buff.ly/2R90PYp
When we started with our first prototype, we crashed 30 to 40 drones.
Benjamin Federmann, CEO and Co-Founder doks.innovation
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here bit.ly/2w01Zye
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: 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!” forms.gle/mLV6mVKwGwKuut8BA
The InterviewerThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
This Month in German Startups - Summer 2020 (July, August, September)
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: 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: www.invest-in-hessen.com/
Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes 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.
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 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 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 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 buff.ly/34wB7F6
Related: Wirecard scandal fallout sees 50% of German staff laid off 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 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 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 buff.ly/3hza2EYBerlin-based big data startup SO1 was bought shortly before the accounting scandal, now the founders bought assets back buff.ly/32JMcl0 More than 100 potential bidders lined up to acquire parts of #Wirecard, Germany’s erstwhile fintech darling” buff.ly/3g5kbsa German finance supervisor #bafin ...
Cyreen provides consumer brands with brick and mortar analytics
Quoscient helps to analyze, investigate and respond to cyber-threats
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
PatreonYou can now support us on Patreon 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.
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
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta bit.ly/3bdHX3dLooking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here bit.ly/2w01Zye
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 quolab.com/QuoSec – Security Consulting www.quosec.net/QuoIntelligence – Cyber Threat Intelligence 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
Subscribe to our podcasts here
Further Readings / Additional ResourcesFront Office www.investopedia.com/terms/f/frontoffice.aspBack Office www.investopedia.com/terms/b/backoffice.aspMiddle Office www.investopedia.com/terms/m/middleoffice.aspNeuer Markt / and its index Nemax deutsche-boerse.com/dbg-en/our-company/know-how/glossary/glossary-article/NEMAX-50-248782Trading Floor www.investopedia.com/terms/t/trading_floor.aspSWIFT en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_TelecommunicationHave a look at the other interview Joe refers to with IT SEAL:
www.startuprad.io/blog/it-seal-helps-companies-to-train-their-employees-in-cyber-security/
Feedback
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This Month in German Startups - June 2020
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!” 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: www.patreon.com/startupradio
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: www.invest-in-hessen.com/
Find all options to subscribe here:
💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes 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. 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. 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. www.meetup.com/Startup-Couch-TV-Talks/events/271395382/
Coronavirus / Covid19 80% of Berlin-based startups see their very existence threatened by the coronavirus 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 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: 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...
This Month in German Startups - May 2020
Reach out to usOur audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” 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: www.patreon.com/startupradio
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: 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 apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes 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: 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. 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 buff.ly/3c3MBkp Hamburg: They call their program InnoStartup - Hamburg Startups 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 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...
Learn from an Indian-born entrepreneur, who raised 35 mn Euros Venture Capital in Germany (2/2)
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: 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 apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher bit.ly/34xTANOTech Startups Germany by Startuprad.io - VideoiTunes 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
PatreonYou can now support us on Patreon 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.
"Everybody has to chart his or her own course. I am a deep believer in instinct."
Gunjan Bhardwaj – Founder and CEO Innoplexus
Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta bit.ly/3bdHX3d
Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here bit.ly/2w01Zye
Interview Part 1This is part two of a series of interviews with Gunjan. You find part one of our interview here:
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 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...
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!” 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: 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 apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes 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 twitter.com/startuprad_io/status/1252523750123352066
You can subscribe to Startuprad.io here:
YouTube bit.ly/2LK14oWiTunes apple.co/2xsHdaESpotify spoti.fi/2DfIt1OOur Sub-Podcasts:
💢 Fintech Germany by Startuprad.io iTunes: apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: apple.co/2O2jwLxSpotify spoti.fi/2qucve8German Startup News (Video)iTunes apple.co/3agUim9 German Startup News (Audio)iTunes apple.co/2Jg2fMw Spotify spoti.fi/2UeZ3ah
Housekeeping - tracking startups we interviewed
InvestSuite snaps up €2 million to grow its investment tools for banks and brokers buff.ly/3dQLGoy
Learn more about them in the Startuprad.io interview here: 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.
__________________
#Funding in times of Corona#Government aid and direct loansGe...
Meet Innoplexus the startup which fights ALL diseases
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:” coronavirus.ontosight.ai/
Here is the COVID19 Dashboard of Innoplexus: 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 apple.co/2Z17bfl
Deezer bit.ly/2Qbh1rl
TuneIn bit.ly/2M8vpzn
Stitcher bit.ly/34xTANO
💢 Video - Tech Startups Germany by Startuprad.io
iTunes 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” amzn.to/2XAENlBRecommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” amzn.to/2RGKGKeRecommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” amzn.to/2REbHhwRecommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” amzn.to/34KgraQRecommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” amzn.to/2K92z06Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” amzn.to/3cjMMYn___________________________________
Links, Video and Show NotesFind all of them here: www.startuprad.io/blog/meet-innoplexus-the-startup-which-fights-all-diseases/
This Month in German Startups - March 2020
FeedbackReach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” 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: 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 apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes apple.co/2M8ZxKJ______________________________________
Our affiliate partners:Startup in need of a bank account? Try our partner Penta bit.ly/3bdHX3d
Looking for a bank account to shift between crypto and fiat? Try our partner Bitwala: bit.ly/2w01Zye
Need office space? Co-Working at WeWork we.co/2GYbxvS
Need something done fast? SEO / Graphics / Sounds / Transcript look at Fiverr: bit.ly/2S0f2YF
You can listen to many of the books from our recommendations with an audible subscription: amzn.to/2pGzseh
______________________________________HousekeepingNo bragging this time.
Now there is
💢 Fintech Germany by Startuprad.io iTunes: apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: apple.co/2O2jwLxSpotify spoti.fi/2qucve8German Startup News (Video)iTunes apple.co/3agUim9 German Startup News (Audio)iTunes apple.co/2Jg2fMw Spotify spoti.fi/2UeZ3ah
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 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 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” buff.ly/2J4UOI0 There is a German only checklist by the Frankfurt Chamber of Commerce to make sure you don’t forget anything twitter.com/IHK_FFM/status/1240975669695315969Corona Information for...
Acomodeo helps companies to find serviced apartments worldwide
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:
💢 Audio only - Tech Startups Germany by Startuprad.io
iTunes apple.co/2Z17bfl
Deezer bit.ly/2Qbh1rl
TuneIn bit.ly/2M8vpzn
Stitcher bit.ly/34xTANO
💢 Video - Tech Startups Germany by Startuprad.io
iTunes apple.co/2M8ZxKJ
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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Need office space? Co-Working at WeWork we.co/2GYbxvS
Need something done fast? SEO / Graphics / Sounds / Transcript look at Fiverr: bit.ly/2S0f2YF
You can listen to many of the books from our recommendations with an audible subscription: amzn.to/2pGzseh
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 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 en.wikipedia.org/wiki/Mannheim
Napster (in case you never have heard of it): www.youtube.com/watch?v=uzbrVpG90yc
Deutsche Telekom en.wikipedia.org/wiki/Deutsche_Telekom
German Accelerator Program (helped Acomodeo to start their New York Office): www.germanaccelerator.com/
Pythia forecasts the next trend in consumer products
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 apple.co/2Z17bfl
Deezer bit.ly/2Qbh1rl
TuneIn bit.ly/2M8vpzn
Stitcher bit.ly/34xTANO
💢 Video - Tech Startups Germany by Startuprad.io
iTunes apple.co/2M8ZxKJ
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 amzn.to/38ZgmB7
The man who solved the market amzn.to/2SZ6Jgw
What You Do Is Who You Are: How to Create Your Business Culture amzn.to/2SYi00x
The little prince amzn.to/3c6hWDm
Friedrich Nietzsche’s Books:
Ecce Homo: How One Becomes What One is amzn.to/2HSuAYDThus Spoke Zarathustra: A Book for All and None amzn.to/37W2qGLHerman Hesse’s Books
amzn.to/2PpJzO3Steppenwolf amzn.to/32pSPqIBefore the Top Book List we talked about “The hard thing about hard things” amzn.to/32symSb
Wikipedia links for further readingHerman Hesse en.wikipedia.org/wiki/Hermann_Hesse
Friedrich Nietzsche en.wikipedia.org/wiki/Friedrich_Nietzsche
Arthur Schopenhauer https://en.wikipedia.or...
This Month in German Startups - February 2020
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
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 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 amzn.to/2Ob0xySReid Hoffmans, the founder of LinkedIn, advice on scale fast
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
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
www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: 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 apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes apple.co/2M8ZxKJ Find all the links to our sources on our Blog here: www.startuprad.io/blog/this-month-in-german-startups-february-2020-video/
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 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 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 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
www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21
EnablerThis recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: 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 apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes apple.co/2M8ZxKJhttps
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: apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: apple.co/2O2jwLxSpotify spoti.fi/2qucve8
The proptech THING TECHNOLOGIES is a technology platform for buildings
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.
Find the video interview here: 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 😊 youtu.be/gYWvwkXreaI
Further ReadingsGmbH (a German version of an Ltd): en.wikipedia.org/wiki/Companies_with_limited_liability_in_German_speaking_countries
Marc’s example of the Cube in Berlin 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) 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: www.raileurope.com/place/frankfurt-hauptbahnhof
Frankfurt is home to the busiest internet knot in the world: www.invest-in-hessen.com/dynasite.cfm?dsmid=506534
This year in German Startups 2019 Review & 2020 Outlook
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.
EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: 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 apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes 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:
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: apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: apple.co/2O2jwLxSpotify 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.
www.youtube.com/watch?v=59ZrMEjktsA
Ode to Joy:
www.youtube.com/watch?v=hdWyYn0E4Ys
He made it in pop culture some time ago e.g. Two and a Half Men:
youtu.be/EE6V3hoIZj8
Find all further links and show notes here: www.startuprad.io/blog/german-startups-2019-review-2020-outlook/
This Month in German Startups December 2019 by Startuprad io
Talk to the hosts:
Jörn “Joe” Menninger joe@startuprad.io
Chris Fahrenbach chris@startuprad.io
Enabler
This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: 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 only
iTunes apple.co/2Z17bflDeezer bit.ly/2Qbh1rlTuneIn bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io – VideoiTunes apple.co/2M8ZxKJ
Find all the links here: 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
amzn.to/38Ug3rU
The 7 Habits of Highly Effective People
by Stephen R. Covey
amzn.to/2sGDy78
The 8th Habit: From Effectiveness to Greatness
by Stephen R. Covey
amzn.to/34DYbOC
The $100 Startup by Chris Guillebeau
amzn.to/2PEoFet
Outliers by Malcolm Gladwell
amzn.to/36U41g6
Grit – The Power of Passion and Perseverance by Angela Duckworth
amzn.to/2SbuEcj
2019 Fintech Review Germany Talkshow by Startuprad.io
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: 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 en.wikipedia.org/wiki/Challenger_bank
Share of Wallet www.investopedia.com/terms/s/share-of-wallet.asp
Tiktok www.youtube.com/watch?v=mQEGJMmqBTw
Mortgage: 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: de.statista.com/statistik/daten/studie/661264/umfrage/entwicklung-der-marktanteile-der-vertriebskanaele-in-der-deutschen-baufinanzierung/
Goldman Sachs’ Marcus: www.marcus.com/us/en
Related:
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
youtu.be/fFxCiGsnD48
RegulationPSD2Was Lukas forecast a spot on, or will it take more time?
In an article published in Heise, the author argues that the biggest winners of PSD2 will be the large internet companies like Google, Facebook or Apple buff.ly/2Pg1ZkG Given the recent success of Apple Pay in Germany, he may not be too far off.Companies / Fintechs / Banks
Established Credit Rating Bureau Schufa buys into the core of banking with FinAPI:
(Jan) Established German credit scoring agency Schufa takes over munich-based fintech FinAPI. FinAPI allows to access current accounts ow.ly/P7RR30n4x1M
MarketsMarket / GlobalSubjective point Joern: It feels like the blurring of fintech and banking continues. There are now cross mergers all over, admittedly more fintechs investments by banks than otherwise, but it ...
This Months 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: www.invest-in-hessen.com/home
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: apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: apple.co/2O2jwLxSpotify spoti.fi/2qucve8Find all the links we are talking about, as well as the show notes on our website www.startuprad.io/blog/this-month-in-german-startups-november-2019/
Thinksurance connects brokers and insurance companies on their platform
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:
www.startuprad.io/blog/thinksurance-connects-brokers-and-insurance-companies-on-their-platform/