Chris and Joe get together live to stream you the startup news Germany for March 2019

 

 

We announce all our live streams on Meetup. Join our meetup group there, it is for free and you won’t miss a stream https://www.meetup.com/Startup-Couch-TV-Talks/

Startuprad.io brings you in a Frankfurt-to-New-York-Live-Hangout the startup news Germany. Have a look down here, you will find a link to our blog post with all the links and text.

 

Please note, we will have regular hangouts until end of May and then a wrap-up of the summer in September. This year we take a bit longer summer break since Joern is moving house.

 

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

 

“Europe’s high-growth ecosystem is strong, and weathering global storms” writes TechCrunch https://buff.ly/2HQ0w16

“Despite trade wars, Brexit and a European economic slowdown, tech companies in Europe are still thriving. In fact, some are positively booming. Key companies named in the list include Deliveroo, Taxifym, Darktrac, Buzzoole and Perkbox.

The lowest ranked company to make the list had a compound annual growth rate in revenue of 37.7 percent, up from 34.6 percent last year.”

 

German insurtech startups raised more than M 173 US$ in venture capital, according to a study from finanzchef24. Here is the link to the press release (link opens PDF) https://buff.ly/2IUzKqz

 

Is Berlin Europe’s next big tech hub? | PitchBook https://buff.ly/2u1pQsQ

 

The top 10 most active German VCs | PitchBook https://buff.ly/2EUMn0J

  1. High-Tech Gründerfonds (284)
  2. Global Founders Capital (155)
  3. HV Holtzbrinck Ventures (116)
  4. Point Nine Capital (113)
  5. Earlybird Venture Capital (103)
  6. Rocket Internet (98)
  7. btov Partners (95)
  8. IBB Beteiligungsgesellschaft (86)
  9. Deutsche Telekom Capital Partners (82)
  10. Project A (77)

 

Crowdfunding appears to fall out of favor for startups. Only 72 mn Euros have been raised by startups that way 2018 in Germany, compared with 218 mn € for real estate crowdfunding in the same time https://buff.ly/2W6TNUs

 

Media Partnerships

 

We are media partners of Arctic15 www.arctic15.com

 

Applications are now open for the Accelerator program CONTENTshift, for all startups dealing in: publishing / ebook / ai with books / or magazines

https://buff.ly/2EMvXpS see here for some startups, which have been in the program in the last batch (5 interviews): https://www.youtube.com/playlist?list=PLUbiCAQc22Wsf8F-rSiejiUB6hx5W66rJ  

 

We are media partners:

https://www.techjobsfair.com/ April 2019 in Berlin and May 2019 in Vienna

 

Housekeeping

 

As usual, there is a lot going on on our YouTube channel https://www.youtube.com/startupradio. We are now posting interviews form LendIT in London.

 

Media Partnership with Frankfurt Forward brings us straight to our Hubs section

 

 

Hubs

Frankfurt

We talk with the logtech startup CargoSteps, which is the Startup of the Month – March 2019 https://www.startuprad.io/blog/video-interview-cargosteps-finds-frankfurt-the-optimal-location-for-logtech-startups/

 

“With the Frankfurt Airport, we have lots of business here”

“We are in the middle of Germany”

“Companies [and freight] from all over Europe are crossing just behind us …”

“Startuprad.io: Why did you never go to Berlin? Murat: We need a working airport”

 

RhineMain based BioNTech, is Europe’s largest – not listed – #biotech #startup. BioNTech AG, a fully-integrated biotechnology company pioneering individualized cancer immunotherapy. Now it hires banks for IPO worth up to $800 million: sources | Reuters https://buff.ly/2u7A8aQ?utm_source=-custom-by-source-0-

They also raised 80 mn Euros investment by Sanofi earlier this year: https://www.fiercebiotech.com/biotech/sanofi-invests-eu80m-biontech-as-cancer-mrna-hits-clinic

This comes after a 270 mn Series A Investment last year: https://biontech.de/2018/01/04/biontech-secures-270-million-series-financing/

A study by Swiss university Luzern puts Geneva and Zurich in fintech, Blockchain, as well as cryptocurrency still ahead of Frankfurt and Berlin writes Kryptoszene, but all of the cities make it in the Global Top 20. Frankfurt makes it to No 14 globally, ahead of Paris, Dublin, Seoul, Shanghai, Dubai, Tel Aviv or Beijing  

Article here: https://buff.ly/2SJip3F

The study, directly from the university: https://www.hslu.ch/de-ch/hochschule-luzern/ueber-uns/medien/medienmitteilungen/2019/02/27/fintech-studie-2019/

Frankfurt-based creditshelf makes runner-up AltFi Awards in category alternative financing platform https://buff.ly/2XCIh4K?utm_source=-custom-by-source-0-   

Frankfurt-based venture capital arm of Bosch, called Robert Bosch Venture Capital GmbH (RBVC) gets 200 m € for a 4th fund https://buff.ly/2u0FLHL

Deutsche Börse, Swisscom Team Up to Build Digital Asset ‘Ecosystem’ – CoinDesk https://buff.ly/2VQ57UG?utm_source=-custom-by-source-0-

German Financial Regulator Issues Paper on Blockchain Securities Regulation https://buff.ly/2NVuSQY

Standard Chartered Bank in #Frankfurt hires new #CFO – from #Berlin-based Solaris Bank  

https://buff.ly/2XPkhM1

Fraport (Frankfurt Airport) joins logistics startup initiative HAUS61 https://buff.ly/2HlzTlt?utm_source=-custom-by-source-1-

Deutsche Börse FinTech Hub ( @DBVentureNet) in Frankfurt, starts second startup and fintech intake https://buff.ly/2u8GmHv?utm_source=-custom-by-source-0-

R+V, one of Germany’s largest insurance groups starts a digital broker service, with the assistance of Frankfurt-based Insurtech Clark – Versicherungsbote.de https://buff.ly/2HGWQyP

Frankfurt-based pharma startup Farmako wants to import 50 metric tons (2205 lb) of cannabis, forecasting Germany to be the worldwide biggest market for medical cannabis in the future  https://buff.ly/2uis4US

 

RheinMain/Wiesbaden

Wiesbaden-based schuhe24 makes it into Financial Times’ 1.000 Fastest Growing Companies with 2,173% growth! Scoring No 38 WOW https://t.co/PiFZZpkQIY Beating giants like HelloFresh by 50 spots and 900% growth (but from a smaller base)

 

Companies

#News directly in our Mailbox

  • insurtech FRIDAY secures 39 million euro media-for-equity investment from SevenVentures and German Media Pool via @FRIDAY_TechTalk  https://buff.ly/2TEoEKr  

 

#Fintech

  • Raisin, the marketplace for savings and investment products, acquires Frankfurt-based bank MHB Bank https://buff.ly/2IWK55n
  • Insurtech Top 25 insurtechs for 2019 https://buff.ly/2Tt1M0q
    Including Germany based @FINABROGmbH, @wefoxHQ @ottonova_ag @ELEMENTinsur @DIGEurope

 

#2017 Disclosures:

  • Scalable Capital – Germany’s largest robo advisor – had to disclose 2017 numbers. Here are some highlights
    AuM grew from 110 to 640 m Euros (240 m from ING Diba)
    They make on average fees of 0.55% on AuM, (ING only 0.33%)
    They are likely not profitable
    https://buff.ly/2NCwJKm
  • HomeToGo (vacation rental platform, based in #Berlin) had to published numbers: Revenue grew 208 % to 36.6 mn Euro – Loss only by 63 % to 13.4 mn  – deutsche-startups https://buff.ly/2Tz2n0s
  • In summer 2018 superfood startup nu3 was bought in an emergency exit – some call it the worst of the year – by online pharmacy Shop Apotheke. Now deutsche-startups found they burned more than 52m € before the exit https://buff.ly/2Nyhnqb?utm_source=-custom-by-source-4-

 

#Game over

Bosch, Cisco and ABB give up on #Munich-based #IoT #startup mozaiq, which wanted to develop a standard for connected devices https://buff.ly/2YmfXUy

 

#M&A, Venture Capital and Corporate VC (CVC)

  • Wefox Group, the Berlin-based insurance tech startup, raises $125M Series B led by Mubadala https://buff.ly/2Hhodiv
  • Franco-German start-up Doctolib, an online booking platform for doctors, has raised 150 million euros from a pool of investors led by U.S. venture capital giant General Atlantic https://buff.ly/2usx5dO?utm_source=-custom-by-source-0-
    The fundraising brings the company’s valuation to over 1 billion euros ($1.14 billion), it said in a statement, taking it to the coveted club of so-called “unicorns”
  • Flaschenpost, a Muenster (Germany) based startup raises € 50 M in venture capital from New York-based VC Tiger Global. They offer delivery of beverages within 2 hours in Germany https://buff.ly/2SJBq62
  • Fintechs Figo and Finreach merge under the umbrella of the Finleap Society. https://buff.ly/2EQGhhK. Both work with API so other apps and tools can integrate under PSD2
  • German alarm and crisis management startup Serinus raises €1 million from Creathor Ventures | EU-Startups https://buff.ly/2u2Tv52
  • Swiss crypto fintech startup Amun AG raises $4 million – Tech_eu https://buff.ly/2VQg34F?utm_source=-custom-by-source-0-
  • German speech analysis startup i2x raises €10 million – Tech_eu https://buff.ly/2H1vinj?utm_source=-custom-by-source-2-  
  • Berlin-based IPlytics, has amongst its clients VW and Huawei, who use their tool to search patents. Now they raised “millions” in venture capital reports Gründerszene. Amongst the investors HTGF and Ecapital https://buff.ly/2umQSLE
  • German crypto startup Donut secures $1.8M in a seed round https://buff.ly/2upVaBM
  • One of Canada’s largest pension funds OMERS is launching a new £257 million (€300 million) venture capital (VC) fund in the European region, aiming to invest long-term in technology startups…https://buff.ly/2TvRhFp
  • Keatz, a Berlin-based ‘cloud kitchen’ startup, raises further €12M https://buff.ly/2UOt52N  
  • Munich-based Brainlab acquires medtech startup Medineering to scale its robotic surgery solutions | EU-Startups https://buff.ly/2ulJd03

 

The Achilles Heel of Startup Ecosystems https://buff.ly/2WdqcbR

“Everyone is excited when a new company gets funded in their ecosystem, but no one spends much time thinking about where the money comes from to fund that deal. ”

 

#Ecommerce

  • Turns out most Amazon-branded goods are flops that don’t threaten other businesses at all … In a study, .. .examined 23,000 products and found that shoppers aren’t more inclined to buy Amazon brands even when the company elevates them in search results. https://buff.ly/2Y3UX4S  
  • Home24 the Rocket Internet-backed online furniture store – listed in Frankfurt –  made it the first time in the top 20 furniture retailers (by revenue) with 170 mn Euros estimated revenue for Germany. No1 is IKEA with 5+ bn € https://buff.ly/2Ypzeon

 

#Mobility

 

Stay ahead of the curve

 

Map: The Most Valuable Brand in Each Country in 2018 https://buff.ly/2FUAmcF?utm_source=-custom-by-source-1-

 

Where Have All the Angels Gone? • Tomasz Tunguz https://buff.ly/2F1G0sF?utm_source=-custom-by-source-0-

 

#WeWork’s $47 Billion Dream: The Lavishly Funded Startup That Could Disrupt Commercial Real Estate https://buff.ly/2YqKQau