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Startuprad.io - The Authority on German, Swiss and Austrian Startups and Venture Capital

Startuprad.io - The Authority on German, Swiss and Austrian Startups and Venture Capital
Author: joe@startuprad.io
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Germany has a rich history when it comes to entrepreneurship. From Konrad Zuse, Carl Benz, and Ferdinand Porsche to Werner von Siemens, there is no shortage of success stories that can be told about German-based companies looking for global expansion opportunities abroad or investors seeking out fresh investment prospects at home/abroad. We continue this with Startuprad.io keeping you up to date with the latest on the German-speaking startup scene in Germany (Europe’s largest economy), Switzerland, and Austria, collectively known as the GSA or DACH region. We are an English-only startup podcast with exclusive startup content, including regular news, and interviews. We are the international voice of the German-speaking startup scene.
We focus on interviews with startups mostly around their Series B funding or even scale-ups from GSA. Once a month, we also bring you an exclusive startup news wrap-up.
We are socred in the global Top 60 Science, Top 75 Tech, Top 275 Business Podcast (Chartable), Global Top 0.5% Podcast (Listen Notes), and global Top 20 Entrepreneurship Podcast on Apple Podcast across all countries (Podder).
Startuprad.io™ - All rights reserved
We focus on interviews with startups mostly around their Series B funding or even scale-ups from GSA. Once a month, we also bring you an exclusive startup news wrap-up.
We are socred in the global Top 60 Science, Top 75 Tech, Top 275 Business Podcast (Chartable), Global Top 0.5% Podcast (Listen Notes), and global Top 20 Entrepreneurship Podcast on Apple Podcast across all countries (Podder).
Startuprad.io™ - All rights reserved
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Executive SummaryThis is the one-year anniversary episode of our cooperation with DEEP Ecosystems in our Sub-Podcast European Startup Pulse. In this episode of Startuprad.io, host Jörn “Joe” Menninger and guest Thomas Kösters discuss recent developments in the European startup scene. They explore the growing preference of founders to stay in Europe and the prominence of certain European cities, such as Malaga and Lisbon, in attracting startups. They delve into the challenges of building a startup hub brand, the underrepresentation of female founders, and the importance of founder mobility in the European ecosystem. The episode also analyzes the impact of startups on regional development and debates whether startups can solve societal challenges like climate change.
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About the Pulse of the European Startup EcosystemThe European startup scene is changing fast. There are new players, old ones fading away, and even more to come in their place- all vying for a piece of this growing pie! To avoid getting left behind, you need regular updates on what’s going on so that our entrepreneurs can stay one step ahead when building or investing in companies here. That’s why we started the “Pulse of the European Startup Ecosystem” which will provide you with quarterly podcasts chronicling different aspects related to startup activity across European Hubs, supported by the data from the specialized analytics company DEEP Ecosystems.
Thomas Kösters is a visionary leader and ecosystem builder at DEEP Ecosystems, a renowned accelerator for ecosystems. With a strong passion for supporting start-ups and promoting sustainability, Thomas strives to revolutionize the system in which entrepreneurs operate. Utilizing data-driven approaches, he tracks the growth of ecosystems and shares valuable insights with entrepreneurs worldwide. Through his collaboration with Joe for the past year, Thomas analyzes European startup policies to identify the next big challenge for entrepreneurs in Europe. His expertise and commitment make him a driving force behind the success of DEEP Ecosystems and the entrepreneurs it supports.
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/from-london-to-lisbon-uncovering-europes-prominent-startup-scenes-startuprad-io-e-396-7e6003955376
Find all blog posts with all the links on our blog https://medium.com/startuprad-io/from-jimdo-founder-to-green-tech-vc-winner-of-german-startup-awards-2023-investor-of-the-year-9a86196ddabe
Executive SummaryIn episode 395 of Startuprad.io, host Jörn "Joe" Menninger interviews Fridtjof Detzner, Winner of the German Startup Awards 2023: Investor of the Year. Fridtjof discusses his journey from founding Jimdo, a website builder, to becoming a green tech venture capitalist. He shares his passion for simplifying complex problems and making technology accessible. Fridtjof also talks about his experience filming a documentary series and how it led him to focus on sustainability issues. The episode explores Fridtjof's entrepreneurial journey and his transition to investing in green tech startups.
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German Startup Awards 2023 This interview is in media partnership with the German startup association (Bundesverband Deutscher Startups https://deutschestartups.org/). Their German Startup Awards #GSA23 honor each year outstanding female and male founders and investors in special categories.
We already covered most winners of the #GSA21 and #GSA22 look at our blog post.
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The Investor of the Year 2023 Fridtjof's journey as an entrepreneur began unexpectedly at the age of 16. In 1999, a school friend approached him with the idea of starting a company, and without hesitation, Fridtjof agreed.
Together, they delved into the world of website development, initially offering services to clients. However, they soon realized that their true passion lay in empowering others to create and manage their own websites. Driven by this newfound goal, Fridtjof and his team pivoted from being an agency to a product-based company. They focused on building a platform that enabled customers to build and maintain their websites independently. This shift brought immense joy and fulfillment to the team as they witnessed their customers taking control of their online presence.
As time went on, Fridtjof's venture flourished, and they began to scale their operations. Alongside this growth came numerous learning experiences that further honed his entrepreneurial skills, including taking a trip with a German TV station and visiting entrepreneurs around the world. This showed him the scale of the problems we are facing, which in turn led him to start Planet A Ventures.
Planet A takes a double approach to investing, not only including business points of view for their investment decisions, but also the point of view of their scientist. You can learn more about their investment approach in our interview. Fridtjof's story serves as an inspiration to aspiring entrepreneurs worldwide, proving that age is no barrier to success. With passion, determination, and a willingness to embrace change, he continues to make a lasting impact on the startup community.
#startuppodcast #startupradio #startup #greentechnology #greentech #venturecapital #greentechvc #sustainableinvesting #sustainableinvestment #germanstartupawards #gsa23 #berlin #investor #jimdo
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Find all blog posts with all the links on our blog https://medium.com/startuprad-io
Executive SummaryIn this episode of Startuprad.io, host Jörn "Joe" Menninger interviews Maximilian Wühr, the CEO of FINN Auto. Maximilian shares his motivation for starting Finn, which stemmed from a frustrating car-buying experience in the San Francisco/Bay Area. He discusses the fundraising process and emphasizes the importance of being persistent and solving a problem. Maximilian also highlights the differences between the US and German markets, particularly in terms of product-market fit and logistics. He shares his journey from finance to startups and discusses the advisory board experience. Maximilian concludes by sharing his vision for Finn's future, including the possibility of going public.
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The FounderMaximilian Wühr, CEO and Co-Founder of FINN Auto began his journey in economics with the aspiration of becoming a financial investor. In pursuit of the best education, he recognized Bocconi as one of Europe's top finance universities and decided that studying there would be a valuable experience. Despite the lack of an existing partnership between LMU and any Italian university, Maximilian was determined to study in Milan. Taking matters into his own hands, he navigated the process of organizing the exchange and securing a scholarship that covered his expenses.
For six months, Maximilian immersed himself in the Italian culture, enjoying both the university and the unique approach to teaching economics, which relied less on numbers and data. His time in Milan not only broadened his academic horizons but also gave him a newfound appreciation for the vibrant city. He later attended CDTM the Center for Digital and Technology Management, which also took him to UC Berkeley with their exchange program. In California, he bought a car, which turned out to be a not-so-pleasant experience. This gave him the trigger to join the founding of FINN Auto.
Today, as the CEO of FINN Auto, Maximilian leverages the skills and knowledge he acquired during his studies and exchange program. His passion for finance and his experiences in Italy continue to shape his leadership style and drive him toward success in the automotive industry. Maximilian became CEO when his predecessor had to step down from the position.
The StartupFinn Auto, the startup co-founded by Maximilian Wühr, has made significant strides in revolutionizing the car-subscription industry. They have successfully raised multiple rounds of funding, including a recent funding round that secured several millions of dollars. In total, they raised close to one billion US$ (935 M). This financial backing has allowed Finn Auto to expand its operations and continue to enhance its innovative platform.
What sets Finn Auto apart from its competition is its focus on providing a seamless and user-friendly experience. Their platform streamlines the entire process, alleviating the pain points that individuals often encounter when renting or purchasing a vehicle. By leveraging the power of technology and data, Finn Auto offers personalized recommendations, transparent...
Welcome to our summer 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in around 30 minutes sometimes less 🙂.
This time we wrap up July and August. We came up with the summer news because the September news has always been very long, overcrowded, and covered 3 months. That was a bit too much of a break and too much news in one piece. So we looked to wrap up summer and since the US is an important market and Labor Day is the unofficial end of summer it seems like a good fit.
This summer has been a bit different and there has been a lot of news, so we focus more on the most recent ones and we have cut a lot of news here.
For everybody in the US who celebrates it: Happy Labor Day!
Find all links to the quoted news on our Medium blog: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-summer-2023-july-august-episode-fdb709d89fbd
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Our Highlights:Binance has not - yet - gotten permission to operate in Germany from BaFin, Nextwind raises 750 m US$, Bitpanda surpasses 1 M customers in Germany and Germany sets a new record in new founders. We also shared that SAP wants to invest in Aleph Alpha, they confirmed this and two more.
Germany's law for legalizing cannabis falls short of the expectations of cannabis entrepreneurs. Europe dominates climate fintech funding and the overall fintech funding shows a sign of life. Bafin also stopped mini VC investments - trashing the business model of some fintechs - AND we found newly closed VC funds in excess of 2.8 bn US$ that are open to European founders.
Our Enablers This recording is supported by HTAI and the Enterprise Europe Network Hessen
Look for our dedicated sub-podcast in partnership with them: Tech Startups Germany on our https://linktr.ee/startupradio
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Top News Du kommst hier ned rein 🙂 Is the usual saying in Frankfurt if a Bouncer won't let you in a ClubFintech blog Finance Forward reports German finance oversight BaFin signals no license for Binance for Germany. So they can neither advertise nor expand in Germany. To be clear, this is not a final NO, but rather a "Binance keeps trying, but BaFin signaled a No"
750 M US$ for Wind EnergyWind Energy in Germany: StartUp Nextwind raises 750 M US$ Venture Capital investors include Sandbrook Capital, Canadian funds Public Sector Pension Investment Board (PSP Investments), and Imco
Bitpanda - The Austrian UnicornSurpasses 1 million customers in Germany alone https://buff.ly/44mMyKP it is not sure how many of them are really active, but that is always a tough question, even for the startups. But the question is important since one only makes money with active users.
Germany Sets a New Record in FoundersDespite the current economic situation, Germany has the highest share of founders in 24 years!!! According to the Global Entrepreneurship Monitor Germany had a larger than 9% founder quota, meaning people from 18–64 who (co) founded a new business within the last 3,5 years (Young...
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Executive SummaryIn this episode of Startuprad.io, host Joe Menninger interviews Max Koziolek, co-founder of Spectrm. They discuss the importance of making strategic decisions and pivoting in business, sharing insights from Spectrm's journey. They explore the challenges of seed-stage investments, the benefits of messaging apps for brands, and the impact of AI technology in their industry. Max shares his experiences in politics and media, highlighting the need for quality content distribution. The episode also delves into Spectrm's successful pivot to targeting brands and their impressive growth from pre-seed to series B, acquiring as pivoted startup clients like Zalando, UberEats, Premier Leauge, HelloFresh, Deichman, Breitling or Ford.
The FounderMax, the guest on this episode of Startuprad.io, is a co-founder of Spectrm, a company that leverages AI-powered messaging to help brands connect with their customers more effectively. With a background in law and politics, Fabian brings a unique perspective to the startup world. He shares his experience of campaigning for public office, competing against Frank Walter Steinmeier. At the time the reigning foreign minister of Germany, now Germany’s president. He also shares his story of pivoting his company and the challenges they faced in finding their niche in the market, that was large enough to survive and how to communicate this to their investors. Fabian's determination and strategic thinking allowed Spectrm to not only survive but thrive, securing partnerships with major publishers and leading brands. His passion for AI technology and its potential for the future is evident in his vision for Spectrm's continued growth and success.
The StartupSpectrm (https://spectrm.io/), is a Potsdam - Berlin Area-based startup, co-founded by Max Koziolek. It has made significant strides in the field of AI-powered messaging for brands. The company has successfully raised multiple rounds of funding, starting from a pre-seed stage all the way to a series B round. This demonstrates the confidence investors have in Spectrm's innovative approach and their potential for growth.
What sets Spectrm apart is not only their ability to help brands effectively engage, but also to pivot. They started out as a tool for sharing great journalism and realized that their market was not big enough. We take the journey with them to evaluate new options, and communicate the pivot to their investors and how to get them to agree.
Max also shares his experience with their customers by leveraging messaging apps like WhatsApp, Messenger, and more. With a specific focus on solving the problem of reaching audiences, Spectrm's platform enables brands to have meaningful conversations with their customers, ultimately driving conversions and revenue. Their impressive client portfolio includes renowned publishers such as CNN, Financial Times, and Business Insider, highlighting the trust and confidence their...
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Executive SummaryIn this episode of Startuprad.io, our guest is Florian Brokamp, CEO and Co-Founder of Thinksurance. Brokamp discusses the positive economic state of the company, the importance of smart investors analyzing macroeconomic trends, and the growing industries of AI and insurtech. He emphasizes the stability of the insurance industry and the need for digitalization. He shares insights on their fundraising journey and the different parts of their company's offerings. Florian also highlights the importance of proper risk valuation, data transparency, and providing value to distributors, customers, and insurers. Overall, Thinksurance's vision is to connect insurance carriers, distributors, and customers through its technology platform.
Questions Discussed in this Interview:How did Thinksurance navigate the fundraising process and secure funding for their business?
What were some of the challenges Thinksurance faced during the fundraising process, and how did they overcome them?
How does Thinksurance differentiate itself in the B2B commercial insurance space in Germany?
How does Thinksurance use data to address the lack of transparency in the insurance industry?
What is the importance of properly pricing risks in the insurance industry, according to Thinksurance?
How does Thinksurance define their target user and how do they cater to the needs of different types of users?
How has Thinksurance's market coverage and relevance increased through onboarding large associations and brokers?
How does Thinksurance aim to streamline the consultation process and provide value to distributors, customers, and insurers?
What is Thinksurance's approach to hiring and maintaining a strong company culture?
How does Thinksurance plan to further penetrate sales channels and collaborate with partners to address their digitalization needs?
The FounderIn this episode, our guest is Florian, the CEO and Co-Founder of Thinksurance, an insurtech startup from Frankfurt, focused on revolutionizing the commercial insurance industry through their technology platform. Throughout the episode, Florian shares insights into the economic landscape, the challenges of fundraising, and the growth potential of industries like AI and insurtech. He highlights the importance of finding investors who believe in the long-term vision and emphasizes the need to update legacy systems in the insurance industry.
The StartupThinksurance is a German insurtech company that provides digital insurance solutions for businesses and brokers. As mentioned by Florian Brokamp, the CEO and Co-Founder of Thinksurance, the company focuses on updating the legacy systems of the insurance industry, enabling a seamless and efficient consultation process between customers, insurers, and brokers. They offer a comprehensive suite of services including core consultation, Consult Direct service, and a data suite that collects and analyzes market data, providing transparency
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Executive SummaryIn this episode, our guest Kimmo discusses the concept and potential of Central Bank Digital Currencies (CBDCs) in part two of our series. We highlight the need for government control of the monetary system and the risks posed by private currencies. We explore various use cases and mechanisms that can encourage the adoption and success of CBDCs, including simplifying cross-border transactions and optimizing liquidity. We also dive into the idea of purpose-bound money and the importance of simplicity and convenience in utilizing CBDCs. As always we emphasize the role of entrepreneurs in developing new use cases and analyzing consumer behavior to drive CBDC adoption. Analytical approaches and network analysis play a crucial role in this process.
The Potential of Programmable Money: “I think these new use cases and thinking about new use cases of programmable money, for example, is definitely something that I think there’ll be loads of different opportunities for companies to start to provide new ideas, new services to people.” — Kimmo Soramäki
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The Importance of CBDC for Financial Stability: “But the crypto showed that, hey. Actually, you can run this in a distributed multi multi-asset international environment relatively smoothly. So I think that was an enabler for the conversation.” — Kimmo Soramäki
Three Key Developments in CBDC in The Last YearWe had our last update with Kimmo almost a year ago and since there have been three important developments:
1) CBDC does not have to be on blockchain anymore, the discussion has shifted to other cryptographic means.
2) The conversation has also shifted to tokenization for bank deposits and inter-bank lending for Central Bank Digital Currencies
3) CBDCs have been launched in other countries, especially in China. We do not see a large-scale adoption there yet, since there is a real use case missing.
Central Bank Digital Currencies: “In many countries, the driver has, of course, also been, like, in the Euro system or in China, the sovereign control of money. So if you think of emperors, they always wanted to put their heads on the coins. So, like, that’s been a goal of the government or an objective for a long time to have control of the monetary system.” — Kimmo Soramäki
Questions Discussed In This Interview:How successful do you think the speaker's experiment of living a cashless life has been so far?
Do you believe that Central Bank Digital Currencies (CBDCs) will become widely adopted in the future? Why or why not?
What are some potential advantages of using CBDCs over traditional payment methods like cash or credit cards?
How do you think purpose-bound money could simplify consumers' lives and improve payment processes?
What are some potential use cases for CBDCs that have not yet been explored by entrepreneurs in the fintech industry?
How can CBDCs help drive financial inclusion, especially in countries with large unbanked populations?
What role do you think consumer behavior and payment networks play in the adoption of CBDCs?
How might the integration of distributed ledger technology (DLT) or other cryptographic methods impact the success of CBDCs?
What are some potential challenges that central banks and governments may face in implementing CBDCs?
How can network analysis and modeling of consumer behavior help guide the successful adoption of CBDCs?
The Future of Central Bank Digital Currency:
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Management Summary In this episode, our guest is Fabian Peltzl, co-founder of KNOWRON. He is here to discuss the importance of augmenting blue-collar workers in the software industry, which is primarily focused on white-collar workers. KNOWRON aims to bridge this gap by providing generative AI technology to assist service organizations and technicians. They emphasize the underdeveloped software space for blue-collar workers and highlight the potential market size including large industries like logistics, machine building, engineering, and services. The team shares their experiences working with European languages and their plans for expansion. They also discuss the transformative power of NLP advancements and their mission to revolutionize enterprise search and customer support and what the co-founders learned during their studies at Stanford and MIT.
Key Topics Covered- The need for augmenting blue-collar workers in the software industry
- Underdeveloped software space for blue-collar workers compared to white-collar workers
- Potential market size with 80% of the global population being blue-collar
- Current focus on scaling and product development
- Targeting service organizations and encouraging them to reach out
- Use of transformers systems in the background
- Sales technicians' problems with limited access to information and inadequate documentation
- Advantage of having knowledge of AI systems
- Importance of data collection for AI systems
- Focus on mechanical data and document processing
- Satisfaction with starting work before technology transformation
- Speaker's background in studying NLP networks and transformers at Stanford
- Work experience with manufacturing companies in supporting the blue-collar workforce
- Working with manufacturing companies, particularly in mechanical engineering and semiconductors
- Reference client ASMPT and their decision to sell the company's product to their own customers
- Mission to support collaboration across industries
- Belief in the potential of AI to revolutionize enterprise search and customer support
- Personal assistant to help with simple questions and guide users through tasks
- Focus on doing things differently than traditional startup advice
- Targeting hidden champions - manufacturers with global service operations
- Importance of multilingual capabilities for international success
The FounderFabian is one of the co-founders of KNOWRON, a revolutionary company in the software industry. With a passion for supporting blue-collar workers in the manufacturing sector, Fabian has embarked on a mission to bridge the gap between white-collar and blue-collar software solutions. Drawing upon his experience working for manufacturing companies like KUKA and Ostrom, Fabian has a deep understanding of the challenges faced by service organizations and technicians in accessing and documenting crucial information. His dedication to improving collaboration across industries has propelled KNOWRON to international success, and his multilingual capabilities have played a vital role in expanding the company's reach to global service operations. As a member of an international team, Fabian's diverse background and expertise contribute to the ongoing development of KNOWRON's cutting-edge product.
The StartupKNOWRON (https://www.knowron.com/) is a groundbreaking startup that is pioneering the utilization of generative AI and NLP technologies to support the blue-collar workforce in the software industry. With a focus on sectors such as manufacturing...
Welcome to our June 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂.
We follow our top-down structure in the news.
Welcome to our startup news wrap-up for June 2023 by Startuprad.io with Chris from New York and Joe from Frankfurt. We recorded this news episode on June 27th, 2023. All news not yet included here will be published in our next news episode. Find all links to the quoted news on our Medium blog link below.
Note: We will now go into the summertime: In July and August we will only publish content every other week AND the next startups news will be our summer wrap-up, to be published on September 4th, in the US celebrated as Labor Day.
Our Highlights:1 Komma 5, a Greentech startup, becomes a unicorn after only 23 months. We are wondering if this is the rise of climate tech startups already? Switzerland has a record funding with Teylor of 275 m €. GetYourGuide shows travel tech is back in favor of VCs with 194 m US$ funding. Germany and Intel agree on subsidies and investments for a new mega chip factory worth more than 30 bn Euros. Fernride, a pioneer of autonomous electric trucks, gets a 30 M US$+ Series A funding.
Let’s talk startups:
Top News The Rise of Climate Tech Startups Has Begun, So It SeemsHamburg’s 1KOMMA5° has raised €430 million — and just become a unicorn at just 23 months old
Related: 1KOMMA5 buys danish solar company Viasol
Related: 430 mn debt funding
A Record Funding for SwitzerlandSwiss-based SME lending fintech Teylor raises 275 m Euro, gaining Barclays as a new investor. Other investors include M&G Investments …
Traveltech Startups Seem to Be BackGetYourGuide raises $194 million to fuel curated travel experiences and global expansion
30 bn For a New Chip FactoryIntel, Germany strike record €30B deal for chip mega-factory
Do You Know Fernride?FERNRIDE a German pioneer of autonomous, electric trucks, raises 31 M USD in Series A funding
Find all Links and Show Notes herehttps://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-june-2023-episode-388-960515c65b87
Startups, Venture Capital, Unicorn, New Unicorn, Europe, Germany, Austria, Switzerland, Scaleups, Tech News, Venture Capital News, Startup News,
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Executive SummaryOn this episode of Startuprad.io, host Jörn “Joe” Menninger interviews guest Daniel Alfon on how to optimize your LinkedIn profile to generate leads for your startup. They discuss the importance of having a professional-looking profile photo, creating engaging educational content, and utilizing the “Featured” section and Experience section to showcase your work and personality. The speaker emphasizes storytelling as a crucial factor in creating a compelling user profile and suggests turning on creator mode on social media platforms to enable followers and add hashtags. They also recommend checking the privacy settings on your profile photo and customizing your banner to enhance your company’s online presence. Tune in to discover practical tips for effectively marketing your startup on LinkedIn.
The Importance of Individual Profiles: “Don’t neglect your individual profiles. And one of the most common mistakes is that customer facing executive the VP, marketing, the co founders, the CTO, the Vprnd their profile will often be under optimized.”— Daniel Alfon
Questions Discussed1. What are the key takeaways from the episode in terms of optimizing one’s LinkedIn profile?
2. How does early engagement on important posts improve visibility on LinkedIn?
3. What is the value of evergreen content in generating leads for startups?
4. How important is storytelling in creating a compelling user profile for a startup?
5. What are the advantages of turning on creator mode on social media platforms, and how can it benefit startups?
6. Why is having a professional-looking profile photo that is visible to everyone important on LinkedIn?
7. What is the “Featured” section on LinkedIn, and how can it be used to enhance one’s profile?
8. How can startups effectively promote educational content on LinkedIn?
9. How do you strike a balance between promoting your own brand on LinkedIn and connecting with potential clients or investors?
10. Why is it important to have at least two active administrators for a LinkedIn company page?
Maximizing Your Company’s LinkedIn Presence: “Engagement early on can give that post a lot of extra exposure.”— Daniel Alfon
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Creating Evergreen Content: “Yes, there is some type of content that’s evergreen, so you could have content that will generate leads for you years down the road.”— Daniel Alfon
It Ain’t Bragging If It Is TrueOn the day of the publication of this interview, we also discovered that we have cracked the Global Top 100 Technology Podcast Charts, of analytics company Chartable. Thank you very much to all our listeners who made this possible!
Learn more and share it on LinkedIn with the post of our founder:
Joern Menninger on LinkedIn: #podcastshow #podcast #thankyou #technology #gratitude #startup...
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Executive SummaryIn this episode of Startuprad.io, Joe Menninger interviews Philip Jonitz, co-founder of Klink Finance, who talks about his company's mission to encourage the mass adoption of cryptocurrencies. Offering an easy-to-use investment wallet with an interest-generating-like feature, Klink combines gamification into personal finance by providing liquidity to different players in the crypto space and generating random prizes for its users. Jonitz also speaks about the impact of regulation and institutional adoption on the crypto image problem and shares his experiences and lessons learned from investing in cryptocurrencies. They are also planning to set up a decentralized insurance company. Tune in to learn more ….
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Main Themes Discussed1. Crypto Image Problem: regulation, institutional adoption
2. Crypto Investing: diversification, multiple wallets/exchanges
3. Clink Finance: gamification, easy entry to crypto markets
4. Price-Linked Savings: incentivizing holding assets, gamification
5. Crypto Insurance: a decentralized, new type of insurance.
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The FounderPhilip is a fintech entrepreneur with a passion for innovation and solving problems with technology. He has extensive experience in the fintech space, venture capitalism, and working with accelerators. Philip noticed the lack of gamification in the personal finance space and decided to explore the possibility of incorporating gamification to make personal finance more engaging and accessible for consumers. In 2016/17, Philip got involved with the crypto space, initially attracted to the potential of becoming wealthy quickly. However, he ended up losing most of his funds due to his lack of education about the market. This experience has taught him to be wiser about crypto investing and motivated him to build his own crypto project, Clink. Through Clink, Philip aims to provide an easy entry into the crypto markets by generating interest in users' deposited funds and incorporating gamification to incentivize users to hold onto their assets. He hopes to make investing in cryptocurrency more accessible and understandable for everyone.
The StartupKlink Finance is a company that aims to bring gamification to the world of personal finance and accelerate the adoption of cryptocurrencies. The company provides an easy-to-use wallet application that allows users to invest and earn interest on their deposited funds. Klink Finance generates interest on the users' funds by providing liquidity to other players in the crypto space through decentralized lending and tokenized treasury bills. The interest generated powers prices paid back to users and insurance for the jackpot prize. The company plans to expand and offer additional currencies with prices powered through staking, where users can provide liquidity to validate transactions and earn interest.
Klink Wants to Start a Decentralized Insurance CompanyKlink Finance is also pioneering a new type of crypto insurance space with decentralized ways of generating and selecting winners fully on chain, ensuring the jackpot prize. Overall, their vision and innovative solutions have the potential to change the way people perceive and invest in personal finance.
All Links and Show NotesHere is our blog post:
Welcome to our May 2023 wrap-up with important news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂.
We follow our top-down structure in the news: First, the top news, then we look with a bird's eye view at the startup ecosystem in the German language countries, dig deeper by looking at exciting startup cities and end with general news. And for those serious about startups, there is even a collection called: "Stay Ahead of the Curve," where we share in-depth reads, articles, studies, and podcasts.
Our next news episode will be published on June 29th, and then we are - for the news - in summer break.
Our Highlights:Germany is now officially in a recession, but one with barely any unemployment. Also, we still track many startups going out of business, BUT the overall picture is improving. The German VC and PE Barometer - which captures the mood of many German investors - is showing an uptick. This shows especially in the massive amount of new funds raised; they promise a bright future for startups! We tracked at least 3,4 bn Euros of newly raised funds, which will be invested entirely or partially in startups in Europe and GSA. Look at our medium blog; we have more information on what the investors are looking for and how to pitch them. We also have investments and exits worth at least 5,4 bn Euros and news in this episode, including WeFox, Tier Mobility, Infarm, Blinkist, Bitpanda, Aleph Alpha, Sono Motors, and many more.
Let's talk startups:
Find all links and the other news here: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-may-2023-episode-385-87fd564d483a
Tune in to our 24/7 Tech Entrepreneurship Internet Radio Station here:www.startup.radio
Subscribe HereFind all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: https://linktr.ee/startupradio
Our EnablersThis recording is supported by HTAI and the Enterprise Europe Network HessenLook for our dedicated sub-podcast in partnership with them: Tech Startups Germany on our https://linktr.ee/startupradio
Startupraven.comThe best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/
Top NewsDeal or No Deal?Getir is in talks to take over German grocery app rival Flink | Financial Times
But then: Flink's sale to Getir fell through. Now Flink is raising 150 M € from investors, including grocery giant Rewe and Doordash
Tier Mobility to Merge with CompetitorEuropean e-scooter giant Tier Mobility maps route to merger
Will Infarm Be Soon Outfarm?Infarm keeps shrinking and is leaving Europe, reports Handelsblatt. The greenhouse startup reportedly has only 80 employees in Europe left and will get an investment at an unknown valuation for their relocation - likely to the Middle East with low energy prices
Blinkist Makes a Large Exit!Berlin-based startup Blinkist is sold to Australian education startup Go1 for an undisclosed amount, reported to be "hundreds of millions." Blinkist offers short wrap-ups of nonfiction books as text or audio
Large Drops in Valuations are Not Only for the Small CompaniesBitpanda
Executive SummaryAre you looking to create an innovative startup hub? Learn how Munich became a global center for deep tech and find out what your city can do to create its own thriving ecosystem with UnternehmerTUM in the center. This is part two of a series within our Sub-Podcast European Startup Pulse with DEEP Ecosystems. In part one we saw Odense in Denmark, becoming a global powerhouse in robotics, spanning from the success of just one company. Tune in to learn more
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First Episode: How to Build a Global Startup Hub (1/2) | Startuprad.iohttps://medium.com/startuprad-io/how-to-build-a-startup-hub-101-european-startup-pulse-d1a024393935
About the Pulse of the European Startup EcosystemThe European startup scene is changing fast. There are new players, old ones fading away, and even more to come in their place- all vying for a piece of this growing pie! To avoid getting left behind, you need regular updates on what's going on so that our entrepreneurs can stay one step ahead when building or investing in companies here. That's why we started the "Pulse of the European Startup Ecosystem" which will provide you with quarterly podcasts chronicling different aspects related to startup activity across European Hubs, supported by the data from the specialized analytics company DEEP Ecosystems.
Example Munich, GermanyHere one of the centerpieces of the success of Munich is the institution of UnternehmerTUM, part of Technical University Munich (TU München or TUM) which trained entrepreneurs from its own students but also has programs for all interested. The hub in Munich focused on deep tech and it really blossomed when deep tech became sexy.
Also, many large companies do have a large presence in Munich, training capable employees, managers, entrepreneurs, investors, and engineers including, but not limited to Google (with a development center), IBM (Watson Center), Apple, Cisco Systems, HP, Intel, McAffee, Amazon Web Services, Airbus, Adobe, Microsoft, Nokia Solutions and Networks, NTT Data, Oracle, T-Systems, VMware, Attos Systems, Siemens, BMW, Check24, EOS, Epcos, Fujitsu Technology Solutions, Infineon, MTU, Scout24, Telefonica Germany, Travian Games, and Osram just to name a few.
Interviews with Companies Mentioned:UnternehmerTUMhttps://youtu.be/1oi-2d2zqPc
ProGlovehttps://youtu.be/dE76h-bKTH0
Find all links and show notes here: https://medium.com/startuprad-io/how-to-build-a-global-startup-hub-101-2-2-european-startup-pulse-fb9b49d38c9c
#startup #entrepreneurship #entrepreneurship #europe #startuphub #hub #hubs #startupradio #venturecapital #startegy #scaleup #deeptech #technology #techstartups #technologycompany #tech #startupstory #munich #germany
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Executive SummaryIn this episode, Joe interviews Lukas, co-founder of Minds Medical, and Ingo, senior partner of SYNPULSE. The story follows the pivot of Minds Medical from a healthcare-focused AI startup serving hospitals to its services for fintech/insurtech companies during the COVID-19 pandemic. They also discuss the challenges of extracting structured data from unstructured medical documents and the potential applications of this technology in the insurance industry. The conversation highlights the joint offering of intelligent document processing for the insurance industry and the acquisition process between the two companies.
When Corona hit, all hospitals stopped picking up the phone. So we had to focus all our energy on the insurance product.Lukas Naab, Founder Minds MedicalFollow Us!If you are listening to our content for the 2nd time please consider following us on social media.
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With SYNPULSE8 we are now building a product for the global insurance market.Lukas Naab, Founder Minds MedicalOur Enabler StartupravenA startup's journey can be a tough one, but it doesn't have ́to feel like you're alone on your quest! Invest in others' success with us by joining our community of entrepreneurs who are building amazing things every day - no matter how big or small their ideas may seem at first glance.
The best way to find investors and cooperation partners for early-stage startups. Sign up here: https://startupraven.com/
Our Enabler HTAI and the Enterprise Europe Network Hessen This recording was made possible by HTAI and the Enterprise Europe Network Hessen. These organizations have made tremendous contributions to helping startup businesses succeed and thrive, providing a range of services from helping to find grants to ongoing partnerships. By taking advantage of these resources, startup companies can network and develop innovative strategies for success on the international stage. The dedicated support of HTAI and the Enterprise Europe Network Hessen is paramount in providing startup businesses with the tools for lasting success. Learn more here: https://www.htai.de/ and https://www.een-hessen.de/
We discovered for example that one large hospital in Germany has more than 200 different forms just to discharge patients. [And there are more than 1.800 different hospitals in Germany]. This amount of unstructured data requires machine learning and AI to be useful. Lukas Naab, Founder Minds MedicalThe FounderLukas is the founder and CEO of Frankfurt-based AI startup Minds Medical. Since the acquisition of Minds Medical he is in the new company the principal product owner for SYNPULSE8. During the outbreak of corona, hospitals had many other things to do and just stopped picking up the phone, all at the same time. So Minds Medical had to focus completely on their insurance product. They eventually decided to join forces with SYNPULSE since they already had a joint offering for disability insurance providers.
The StartupMinds Medical was acquired by SYNPULSE, now known as
Executive SummaryLearn how to acquire competitive advantages in your eCommerce ventures with a buy & build strategy, unlock potential growth and add new capabilities: In this episode, Joe, interviews Peter, the founder of an AI startup called Pythia. Peter discusses his company’s buy-and-build strategy for acquiring e-commerce startups, which involves integrating them into their standardized processes and assigning brand managers or CEOs to oversee them. He also talks about the challenges facing companies in the current market, including rising prices, tighter financing, and more restrictive customers. Peter’s company is looking for profitable e-commerce companies with solid earnings and adjusted earnings, and they plan to continue buying until late 2027, with the goal of reaching €80 million in revenue and €20 million in profit.
There has been a kind of Bermuda triangle created by external forces for e-commerce companies recently. Financing becomes more expensive, inflation increases production prices and consumers are more restrictive with their purchases Peter Hart — Founder and CEO DIPQ and Pythia
Happy Father’s DayAt the day of the publication of this interview, we celebrate in Germany Father’s Day. In Germany, the day is always celebrated on a Thursday, Ascension Day, also a public holiday in Germany, which gives fathers time to celebrate.
Happy Father’s Day!
Note: Mother’s Day is always celebrated on the second Sunday in May in Germany, where we do not publish, so no Mother’s Day episodes exist. Sorry to all mothers, and belated happy Mother’s Day as well!
Over the last 12 months, we looked at the demand for consumer products and made a buy or build decision, which always ended up to be a buying decision, due to the lower multiples. Peter Hart — Founder and CEO DIPQ and PythiaFollow Us on Social Media!If you are listening to our content for the 2nd time please consider following us on social media: https://linktr.ee/startupradio
Our EnablersThis recording is supported by HTAI and the Enterprise Europe Network Hessen: https://www.een-hessen.de/
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We usually look at Shopify stores. If they are not, we move them over time to Shopify.Peter Hart — Founder and CEO DIPQ and Pythia
The FounderPeter Hart is a young and exceptional entrepreneur. He appeared in Germany’s version of Shark Tank and got a deal for 200.000 Euros as a 25-year-old. Currently, he is not even 35 and already runs 12 brands simultaneously. You can learn more about how he achieves this in the Starting Y interview in the links on the blog post.
He started with a body aftershave brand called Dr. Severin and then went on to develop the software he used to forecast consumer trend tools into the AI startup Pythia. With this, he built and bought several consumer brands and now logically continues this approach by buying up profitable e-commerce shops with Dipq (no website).
Currently there are not many investors active. For all of our acquisitions we have been the
Our Sponsor ExpressVPNThanks to ExpressVPN for sponsoring today's video. Go to MYLINK to grab your special offer. #ad 1️⃣0️⃣ people have already claimed this exclusive offer: https://strms.net/expressvpn_startupradio
Executive SummaryThe Startuprad.io podcast and YouTube blog covers the German-speaking startup scene and in this episode, Joe interviews Paulina Jänsch, co-founding partner at Leanox Impact Capital. Paulina discusses her seven-step approach to evaluating startups and fundraising as storytelling, emphasizing the importance of a financial model that reflects the startup's value drivers. She also talks about Leanox Impact Capital's investment criteria, which focus on impact innovation and solving environmental or social problems. The company invests in early-stage startups in Europe, with a focus on industry-agnostic but always impact-driven ventures, and prioritizes investing in female founders and LPs.
EU Startups SummitThis interview was recorded outside of the EU Startups Summit 2023 on April 20th in Barcelona. Thank you EU Startups for the great event.
The Founding PartnerPaulina is one of two founding partners at Leanox Impact Capital and a TOP 100 most influential women in the European VC and startup space. She holds a Bachelor of Science from Maastricht University School of Business and Economics and a Master of Science from Erasmus Universiteit Rotterdam, as well as a Master of Science from EADA Business School. She also spent time in Singapore (Nanyang) for an exchange semester.
Paulin also worked at EY Analytics, immostore, and participated in the CFA Research Challenge by Caixa Bank. Amongst being GP at Leanox, she is also invested as Business Angel in nine companies.
The InvestorLeanox.eu is looking to raise a new fund with not only 50% female (co)founded startups, but also 50% female LPs. Leanox is also looking for parity in itself, they have 50/50 GPs in Leanox. The VC is motivated to disrupt inequalities, to tackle social and environmental issues as an opportunity to improve the world we all live in.
Find the email to pitch Leanox in our blog post (link below).
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Blog Post and Show Notes:Find all links and show notes here: https://medium.com/startuprad-io/the-seven-step-approach-to-evaluating-startups-a-storytelling-perspective-episode-382-a0cec4da3cb8
Chapters:00:00:00 Intro
00:00:20 Sponsoring Message by ExpressVPN
00:01:04 Paulina Jänsch - Co-Founding Partner at Leanox Impact Capital
00:01:50 Paulina’s Seven-Step Approach to Valuation Impact Startups
00:09:30 How to Pitch Leanox - Investing in Impact Innovation
#techstartups #germany #startupinvesting #femalefounders #femaleentrepreneur #femaleinvestor #startupinvesting #impactinvesting #startup #startups #startupradio #entrepreneurship
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I was working in a startup in Shanghai, so I had my first real startup job in China.Kilian Kaminski, Founder refurbedExecutive SummaryLearn about how refurbed, an innovative startup, could be the next Austrian unicorn. Learn more about their goal of providing pre-owned gadgets & tech at reasonable prices! Refurbed originally started as a marketplace where large companies can sell their refurbished electronics so that they don’t need to throw them away, think laptops and cell phones that are replaced. Now they offer a much wider range of products, from hand-picked refurbishers. Learn more in our interview.
Our goal is to be everywhere in Europe, as a mid-term strategy. Maybe also global in the future.Kilian Kaminski, Founder refurbedEU Startups SummitThis interview was recorded outside of the EU Startups Summit 2023 on April 20th in Barcelona. Thank you EU Startups for the great event.
The FounderKilian is the founder of Vienna, Austria-based soonicorn refurbed. A soonicorn is a startup, that is expected to become a unicorn soon. He is also a Forbes 30 under 30 and from Germany one of Capital’s 40 under 40. Kilian is originally from Hamburg but has been working in Brisbane, Australia as a marketing and brand manager in Germany and at a startup in Shanghai, China. He even got to meet Pink and Jennifer Lopez during their tours in Australia. After all those positions he joined Amazon as a key account manager and program lead for their certified refurbished marketplace in Germany. Leaving this position to found his marketplace for refurbished electronics in Austria, called refurbed. Kilian is one of three founders of refurbed.
The StartupRefurbed originally started as a marketplace where large companies can sell their refurbished electronics so that they don’t need to throw them away, think laptops and cell phones that are replaced. The company does not refurbish the devices, but they hand-pick the refurbishers on the platform. On average only two components are replaced during the refurbishment process. The marketplace originally was started for cell phones and notebooks, but now offers a much wider range of products, e.g. household electronics like a Thermomix, tablets, or smartwatches. Now even original producers are selling refurbished products on the platform.
Our goal is to be profitable at the end of the year [2023], which looks quite promising now. So we don’t need external investors, but we are open to talk.Kilian Kaminski, Founder refurbedVenture Capital FundingRefurbed is funded with more than 70 m US$, at the time of the interview, with backing from 20 investors including Kreos Capital, Alpha Associates, Seven Ventures, Hermes GPE, C4 Ventures, Expon Capital, Bonsai Partners, Evli Growth Partners, All Iron Ventures. They raised their first funding round in August 2017 and their most recent Series B funding in August 2021. The company is open to talk to new investors.
All Links and Show NotesHere is our blog post:
Welcome to our April 2023 wrap-up with important news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂.
Our Highlights:Considerable funding made headlines last month. We have more than 600 M euros in funding in our highlights alone. A potential large exit: Software AG, the Darmstadt-based listed software company, is close to a 2.4 bn US$ exit with an offer from Silverlake Partners. Also, Berlin-based Blinkist may be close to a 200 M € exit. Hundreds of millions of raised funds were announced by Enpal (via ABS), Isar Aerospace, IntegrityNext, Razor Group, and Tado. Also, SAP is close to investing in Germany’s hottest AI startup Aleph Alpha from Heidelberg. Diverging picture in Airtaxi space: Lilium is looking for new investors; Volocopter builds the taxis and expects them to fly in less than 500 days at the Paris Olympics.
Let’s talk startups:
Top NewsSoftware AG Close to a Multi-Billion AcquisitionPrivate-equity firm Silver Lake Partners, based in Menlo Park, is close to buying Germany’s Software AG in $2.42 billion deal. The offer is already public, reported Reuters. Shares of listed Software AG jumped 53% at the announcement. The investor already knows the company: In February 2022, Silver Lake had invested 344 million euros in the software developer’s convertible bond, which upon conversion would represent nearly 9% of issued Software AG shares.
Enpal Raises More Than 300 M€Enpal raises up to €356 million via Securitization of Solar Receivables with first German residential solar ABS. ABS are asset-backed securities, that means if Enpal can not pay interest or pay back the final sum, the investors have the collateral (assets) backing the security
Blinkist Close to 200 M € ExitReports blog Deutsche-Startups, with an offer from an — yet unnamed — American company. The blog, with its founder Alexander Hüsing is usually pretty well informed and has been right before.
Isar Aerospace Closes €155 Million FundingIsar Aerospace closes €155 million Series C funding round, ignition sequence start, all engine running. Investors are 7-Industries Holding, Bayern Kapital via its Scale Up Fund Bavaria, Earlybird Venture Capital, HV Capital, Lakestar, Lombard Odier Investment Managers, Porsche Automobil Holding SE (Porsche SE), UVC Partners, and Vsquared Ventures
100 m € for IntegrityNextThe company has been bootstrapped for seven years, but now IntegrityNext takes €100 million from EQT Growth fund.
Razor Group Raises 88 M US$Berlin-based Razor Group, an e-commerce aggregator, closes Series C at $88M at $1.2B valuation, acquires Stryze to consolidate.
Tado Raises Money, As IPO Plans FalterSmart thermostat startup Tado wanted to IPO but then came Corona and Ukraine. They originally wanted to explore a sale or IPO after their 2021 fundraising, but the SPAC deal faltered and they needed to adapt. So they raised 46.9 M US$. Their existing investors already include Siemens, Amazon, and EON.
SAP To Invest In AI Startup Aleph AlphaGerman press reports that the software giant SAP is about to invest in German ChatGPT competitor Aleph Alpha, which also claims to have eliminated fake news from its software. As yet, the valuation and investment are not known.
Related: Heidelberg-based startup, a competitor of ChatGPT, claims to have eliminated fake news from its tool Luminous
Airtaxi Lilium is Looking for New Money, and Volocopter is Planning to FlyAirtaxi Lilium: 0 Euro revenue, 253 mn € losses. They are looking for new investors. Volocopter on the other hand, wants to start operating their drones as taxis ASAP. They also pledged to operate their air taxis in Paris, during the Olympic Games, in less than 500 days.
Related: Volocopter starts production — founders magazin
All...
Executive SummaryGet exclusive insights into the latest patent filings of GSA/DACH startups. Discover where they’re going and what impact they may have on your business. QuantIP is an analytics company that offers data and analytics on patent data and, for us, went through 460 categories and more than 16.000 patent filings. With their tools, we get you an exclusive insight into the patent filings of 2022. Tune in to learn more about the industries and areas startups are filing patents in.
Patent databases are the best man-made databases that ever existed. … a collection of all potential economically viable technical information, collected over the last 200 years.Lucas von Reuss, CEO and co-founder QuantIPThe FounderLucas is the CEO and co-founder of QuantIP. He held multiple positions, including in journalism, before co-founding the startup. His positions include editor-in-chief at €uro, a magazine for sophisticated private and professional investors (a German equivalent of Barron’s Finance and Investing News). He also held positions with Axel Springer Financial Media before. He was always working around investing and asset management. He holds degrees from Ludwig-Maximilians-Universität München (LMU), Axel Springer School for Journalism, and an MBA from Stockholm School of Economics.
Part of the success of a company can be forecasted with their patent and patent filings. There are a lot of other important factors, depending on the industry, but for many future industries patents play a big role.Lucas von Reuss, CEO and co-founder QuantIPThe StartupQuantIP is a Munich-based big data startup, exclusively focused on patent analytics. The startup is already closing in on breaking even in the next 6–12 months.
QuantIP currently offers three products.Data feeds tailored to the needs of systematic and quantitative equity investors.Thematic search tailored to themed-driven asset managers, e.g., deal sourcing.The pre-produced company reports on companies, available via platforms like capital iq from S&P, or AlphaSense
Patents are a very hard read. The main purpose of the filing entity is to protect their IP in a way that no one can really figure out how to reproduce it.Lucas von Reuss, CEO and co-founder QuantIPExclusive DataQuantIP went deep into its database with more than 16.000 patents and dug through to find the 2022 filings from startup companies in Germany, Austria, and Switzerland. Large companies file many patents, and there are somewhere between two and three million every year. This report defines startups as companies that filed their first patent before 2018. They also have only 3–9 inventions (an invention is a novel idea, and the patent is only the protection of it so that an invention can be patented in several markets).
For 2022 we look at almost 8.000 patent filings from a bit over 1.500 startups for GSA/DACH:
https://medium.com/startuprad-io/where-are-gsa-startups-heading-insight-from-recent-patent-filings-with-quantip-exclusive-data-6b059d561480
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Executive SummaryLearn how CreditShelf, a leading German fintech company, secured 100 million euros of investment from Goldman Sachs and what that means for businesses seeking credit.
CreditShelf recently received 100 mn € from Goldman Sachs to lend out via their platform; Goldman joins other investors like the European Investment Fund. The fintech works with Raisin Bank to get SMEs loans within four weeks. They IPOed already in 2018 in Frankfurt as the first pure-play fintech in Germany.
The FounderDaniel is a returning guest. We interviewed CrediShelf shortly after their IPO in 2018 (link below). Daniel holds an MBA from the University of Mannheim and a Ph.D. from the University of Düsseldorf. He has experience s a management consultant from Kienbaum and Bain & Company. He has also been an executive director for Swiss banking giant UBS for eight years in their investment bank (Fixed Income, Currencies and Commodities (FICC)) in Zürich and Singapore. He is one of the three co-founders of CreditShelf, which was set up in 2016, and currently acting as the CFO of the company.
The StartupCreditShelf is a credit platform connecting institutional investors and German Mittelstand (German small and medium enterprises). They provide corporate loans using a licensed bank (Raisin Bank). The loans work as a fast stand-alone solution (can be paid out within 4 weeks) or part of a more significant credit, involving other parties and banks. The company has successfully developed an online credit marketplace platform whose processes are supported by proprietary, data-driven risk analysis software. On their platform, they offer loans for companies located in Germany from 100.000 € to 5 M €, stretching up to 5 years for supplies, scale-up, real estate, and M&A. The CreditShelf platform models the entire credit process, from the loan application through credit analysis and risk management to loan disbursement and servicing.
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Keep Up to DateHere is our publication calendar: https://calendar.google.com/calendar/embed?src=012i27ak525qi3smgjl8v9tbio%40group.calendar.google.com&ctz=Europe%2FBerlin
All Links and Show NotesHere is our blog post: https://medium.com/startuprad-io/this-fintech-got-100-mn-from-goldman-sachs-to-invest-creditshelf-782d9f2223b7
Chapters:
00:00:00 Intro
00:01:50 Daniel Bartsch, CFO - Former Management Consultant and Investment Banker
00:03:16 The Company - CreditShelf
00:13:42 Loan Demand in Germany Outstripping Supply
00:23:44 CreditShelf’s Outlook on the Economy in 2023
00:25:18 Hessen and Frankfurt as Startup Hub
#startupradio #startup #startups #fintech #fintechfinance #fintechstartups #fintechstartup #frankfurt #germany #credit #sme #lending #lendingcompany #credit #venturecapital #technology #techstartup #techstartups #joemenninger
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