Startup News Germany November 2018 by Startuprad.io

/, Exclusive, featured stories, News/Startup News Germany November 2018 by Startuprad.io

Startup News Germany November 2018 by Startuprad.io

Welcome to the Startuprad.io startup news for November 2018 in another transatlantic live hangout.

This recording is in media cooperation with Gruendermetropole Berlin.

Sponsoring Message

Startups.observer supports this program. Startups.observer is like online dating for startups and investors. It is by far the easiest and most efficient way to research potential investment candidates or look for potential investors. Learn more here: http://startups.observer/

 

Ecosystem

Startups are not for 20 somethings alone. Every 6th founder in #Germany is older than 50 years reports FAZ, based on a KfW study. 2017 approx 60.000 startups have been founded in #Germany http://ow.ly/NLdz30mvMhs

Rise of the Global Startup City, Berlin made it to No 12 in the global #VentureCapital ranking https://startupsusa.org/global-startup-cities/
It takes more than 1 bn US$ to make it even in the Top 50. Surprises are included, e.g. Salt Lake City as No 50, or Durham, USA, Provo, USA. This also suggests a US bias in the data

German government and corporate-backedntureCapital fund @HTGF  marks it’s 100th exit! US-listed SolarWinds takes over 8MAN, a cybersecurity startup http://ow.ly/kfqH30mHfYv

Christmas Survey by Deloitte Germany https://buff.ly/2F854Ac
(people could make several choices) 68% of Germans will shop in retail stores, 67% will shop online (a decline from top positions 2017), gthe rowth of mobile commerce stagnated at 24%
#shopping #ecommerce

“The UK, France, Germany, and Spain are clearly driving Europe’s AI ecosystem, contributing 60% of startups, labs a, d communities across the 30 countries.”
Joining the dots – A map of Europe’s AI ecosystem — Roland Berger https://buff.ly/2F3Hu7V

“So while crypto asset prices are down 80-95% in $USD terms over the last year, they could and probably will go lower. Amazon was down 80% a year into the post-bubble bear market and it got cut in half again …”– AVC http://ow.ly/qbJd30mMmUm $AMZN

European early stage technology investment increases four-fold to 3.6 bn Euro in H1 2018 (4.1 bn US$). Investors like fintech and medtech startups. Germany scores No 2 in #Fintech investments with 402.2 mn Euros http://ow.ly/lBHq30mvOyj

The 31 European #Unicorns Ranked By Valuation – CB Insights Research https://buff.ly/2DrFXH0
including: OTTOBOCK HEALTHCARE, Celonis, About You, Nucom Group, CUREVAC from Germany. Heavy in #research and #healthcare

 

Media Partnerships

Blockchain Summit November 15th Frankfurt, Germany the interview with the winner of the pitch competition is online! Evan networks won, who put heavy machinery on the blockchain.

  • Related: Check out the pitch competition winner and other highlights of the Blockchain Startups Summit 2018 | EU-Startups http://ow.ly/NtaU30mEUs8

We attended LendIT in London https://www.lendit.com/europe/2018 Videos will be coming up soon, but you can already have a look here in a little mash-up:

Cover – LendIT London 2018

 

House Keeping

Meet The 100 Most Innovative Startups Of Germany In 2018 – Forbes https://buff.ly/2SimfAZ
Frankfurt is present fintech heavy including @ginmon @ClarkGermany and blockchain accelerator @iconiqlab
– You find the interview with the CEO and founder of Clark Germany here: https://www.startuprad.io/interviews/clark-de-startup-germany-bloombergs-list-50-promising-startups/

Danish edtech startup WriteReader raises €1.4 million to improve students’ writing skills | EU-Startups https://buff.ly/2JXFgpp  #VentureCapital
You can learn more about the startup and the founder in this video interview:

 

Wiesbaden-based Schuhe24 buys 40% stake in We Want Shoes (WWS). The price was not disclosed. WWS enables more than 18.500 sellers to order directly from the producers – deutsche-startups.de http://ow.ly/bVjM30muKvs You can learn more about the founder here in our exclusive interview:

Hubs

Frankfurt

Formnext 2018 in Frankfurt, Review and 26 Key Learnings for Marketing Folks https://buff.ly/2Tj0LVN 

VentureCapital investor Project A and #PrivatEquity investment company Bregal to acquire #Frankfurt-based travel firm Trendtours Touristik. Trendtours is 14 years old, generated 2017 300 mn revenue and has 400k clients per year | Gründerszene http://ow.ly/Q54R30mI9e2

Avaloq is setting up a venture fund to invest in budding #technology #startups. The banking software firm is enlisting prominent finance and media experts for the investment arm, including Philipp Sandner from Frankfurt http://ow.ly/1oHM30mBTVb

Marie-Luise Sessler, founder and co-lead of the innovationLab of Frankfurter Sparkasse (Thrift Frankfurt) is mentioned on the business publication Capital’s list “Top 40 under 40” http://ow.ly/u5xG30mKO4E 

SAP Buys Qualtrics; 2018 Catapulted to $65B in $1B+ M&A Volume • Tomasz Tunguz https://buff.ly/2qFezwz

Würzburg-based strategic purchasing platform scoutbee raises $4 million – Tech.eu https://buff.ly/2JUPEhl

Frankfurt-based ride sharing app flinc was bought by Daimler. Now the flinc team says goodbye, the startup says goodbye for good in their blog. | flinc Teamblog http://ow.ly/R1yx30mwHX8

Frankfurt-based #fintech Cashlink says goodbye to #P2P #payments. They are working on a #blockchain based platform for company stakes / shares for professional investors, called Stokera  | Gründerszene https://buff.ly/2AQw2bB

Munich

Top 15: Europe’s biggest startup hubs in 2018, including #Berlin and #Munich | EU-Startups http://ow.ly/u4mi30mLmPh

Nürnberg

Kiveda moved from #Berlin to Nürnberg, they already raised 35,5 m Euros #VentureCapital for their built-in kitchen, but show only headline growth of 9,1 % – deutsche-startups.de https://buff.ly/2QMDwBE

Würzburg

#Wuerzburg based #AI startup scoutbee raises 4 mn US$ #VentureCapital from  Holtzbrinck Ventures and 42CAP in a seed round. The tool collects and analyzes data to match purchaser and suppliers https://buff.ly/2SQqTqF

 

Companies

#VentureCapital

  • Berlin-based incubator Finleap has raised €41.5 million to build more fintech startups https://buff.ly/2Biv87E
  • Movinga raises €15 million and plans to expand its relocation services across Europe | EU-Startups https://buff.ly/2AcEErl
  • Berlin-based Wind Mobility raises $22M #VentureCapital for its #escooter rental service. Investors include  HV Holtzbrinck Ventures and China-based VC Source Code Capital | TechCrunch http://ow.ly/pGnD30mI984
  • German billionaire Stefan Quandt (BMW) invest in #Kassel based #drone warning system Dedrone, which is already used by police, military and private organizations like the World Economic Forum| NGIN Mobility https://buff.ly/2QGWF8j
  • Point Nine and Creandum #invest in #logistics #startup cargo.one. #German #airline #Lufthansa already invested before in a pre-seed with a convertible loan reports deutsche-startups.de exclusively https://buff.ly/2JJBorL  
  • #Berlin-based #insurtech simplesurance recently raised 24 mn US$ in a #VentureCapital series C round, now the research of deutsche-startups.de reveals that a convertible loan saved the company end of 2016 http://ow.ly/Jbqn30mwH61
  • Platforms for used cars are already known. Now this #Berlin based platform for used wrist watches raised 13 m Euros #VentureCapital – deutsche-startups.de http://ow.ly/aSAe30muKfd
  • 22,5 m US$ #VentureCapital for #Berlin-based #AI #startup omni:us – deutsche-startups.de https://buff.ly/2qmZlMN

#Blockchain and Crypto

  • Bitcoin-Rigging Criminal Probe Focused on Tie to #Tether https://buff.ly/2BnE2kv
  • Envion was one of the big stories of the #German #crypto scene. They raised 100 mn with their ICO, but the product was never realized and some shareholders sued each other. Now 4 founders are starting #Rise. Gründerszene shows some “strange” points http://ow.ly/k0Ik30mGeA5

#RocketInternet Corner

  • #Frankfurt listed #HelloFresh increases revenue by almost 40% (302,2 mn €), with an #EBITDA loss of 26 mn Euros http://ow.ly/6zbT30mBcTz $HFG #startup #listed #food #cooking #homecooking #Germany
  • Listed #online fashion retailer Zalando disappoints with Q3 numbers. Now they are looking at christmas season to accomplish their goal of 25% revenue growth  | Gründerszene http://ow.ly/KTVh30mvOC7 $ZAL #Berlin #startup #ecommerce #fashion
  • Travelbird – financed by Rocket Internet with 32,1 mn Euros #VentureCapital has to file for insolvency. The #Dutch startup once had 650 employees, now they are down to 310 deutsche-startups.de https://buff.ly/2P00sk4
    #traveltech #startup #platform #netherlands #travel #leisure

Klarna sues German fintech Sofortpay, which was founded by former employees of Sofortueberweisung. Sofortueberweisung was bought by Klarna | Gründerszene https://buff.ly/2FMJVvX 

Deutsche Bahn windes down Project InnoZ, formerly hailed as a light tower project for #mobility in Berlin. This comes after #TSystems and #Siemens already left the project| Gründerszene https://buff.ly/2RoUI0J

Chefkoch.de (head chef) is one of Germany’s most frequented pages for cooking and recipes. Now they start their own online shop for cooking accessories| Presseportal http://ow.ly/8BEx30mI927

First Constantin Schwaab founded a platform for cinema tickets called Kinoheld, which was bought by Eventim. Now he is raising “millions” #VentureCapital for his #emobility #startup, which provides #SaaS solutions for #charging station management http://ow.ly/g0Ol30mA4up

Lesara has been a bearer of hope for the #Berlin #startup scene. They raised 30 mn Euros #VentureCapital, but now have to file for insolvency | Gründerszene http://ow.ly/OY3c30mA4zQ

Apple Pay – To start in Germany, in cooperation with Deutsche Bank, comdirect, N26, Visa, Master Card, American Expess and others …  https://buff.ly/2ANFPPA #ApplePay The participation of the banks is quite interesting

Galaxus, a major online department store form Switzerland, has launched in Germany. Galaxus Deutschland will start as an electronics retailer, but in the next few months, it will become a wide-range online store. …  wants to be one top 5 ecommerce player http://ow.ly/kgrD30mtuzq

Catering is the new hot topic in Berlin’s #startup scene. There are already Lemoncat, Haycater and Caterwings. The new kid on the block is now MeinWunschcatering, which claims profitability from the start http://ow.ly/CuT130mskpp

German media house ProSiebenSat1 acquieres #US based eharmony. The company is already invested in dating websites in Germany with Elitepartner and Parship – deutsche-startups.de http://ow.ly/6l6A30mqq0E

#Berlin-based #banking startup Solarisbank can only show 1,9 m Euros in revenue in B2B, where it works with #fintechs. The bank raised 95 m Euros #VentureCapital and invested 24,5 m Euros already to build up the banking platform http://ow.ly/HMbl30mpmz3

Know How for those with vision

Research Shows Immigrants Help Businesses Grow. Here’s Why. http://ow.ly/V9hB30mqpNc

A Guide To #Corporate #Innovation: 19 #Strategies To Drive Innovation Now – CB Insights Research https://buff.ly/2AWuNay

Unbundling The Autonomous Vehicle via CBinsights   http://ow.ly/j7mX30msni4

The Top Ten Cities For $100M VC Rounds In 2018 So Far https://news.crunchbase.com/news/the-top-ten-cities-for-100m-vc-rounds-in-2018-so-far/

Germany’s family-run companies turn venture capitalists, fund startups https://buff.ly/2zSDEsp

The incumbents awake: “Patent Analysis: Top US Banks Prioritize Payments” – CB Insights Research http://ow.ly/KbCU30mLmJt

 

By |2018-11-30T14:57:28+00:00November 29th, 2018|blog, Exclusive, featured stories, News|0 Comments

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