Here is our first live news ever! Enjoy merry X-mas and happy new year! You can find the video here: https://www.startuprad.io/news/startup-new-germany-december-2018-live-hangout/

Startup News December 2018

This recording is in media cooperation with Gruendermetropole Berlin.

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Ecosystem

 

First off, some Berlin bashing: Sebastian Diemer, calling himself “The Diemer”, founded a couple of startups , right now Farmako, a cannabis startup, has had it with Berlin. He wrote on Facebook: “I am not a fan of hipsters, excessive feminism, so I am looking forward to more conservative roles – men that act and look like men, vice versa for the ladies”.” he writes and adds: “Drugs and Party. If you have never taken cocaine or any other chemical drugs like myself and don’t attend the “Berlin clubs” (I haven’t made it to any of the trashy druggy places in 2,5 years) there isn’t much value in having 2147124 places around that allow you to party from Wednesday to Tuesday with fucked up people in fucked up locations :)” https://www.deutsche-startups.de/2018/12/17/derdiemer-wuenscht-sich-men-that-act-and-look-like-men-vice-versa-for-the-ladies/

 

First #German #Social #Entrepreneurship #Monitor (DSEM) published https://buff.ly/2STc9Xp
– The #socialstartups are spread across Germany ( 22% #Berlin, 19% Hessen, 15,4% Bayern, Nordrhein-Westfalen (9,4%) and Baden-Württemberg (8,5%).
– The biggest trouble is financing

German #Fintech market matures – higher investments more international expansion and increasing number of cooperations – EY – Deutschland http://ow.ly/jSfu30n1NuN

Fintech Revolut Receives EU Banking Licence | Finance Magnates https://buff.ly/2Ci0nk0
#fintech #Brexit #Banking

Study of Comdirect shows, that #Berlin, #Munich and #Frankfurt are the leading #fintech hubs in Germany | heise online http://ow.ly/12AG30mXhDh

Keep in mind all the international fintechs active in Frankfurt, who want to work with German banks. Also notice, that there is only an access to international capital markets in Frankfurt.
⇒ As Yassin said during the fintech review: Some competition is good, but it does not really matter where the fintech is located in Germany.

 

European tech firm have raised a record $23 billion in 2018: The State of European Tech Report – Tech.eu http://ow.ly/IHc030mR1XX

 

Mood on the German private equity markets are quite good says KfW.

–  Only early stage investments and later stage investments see a slight bumper.

– Fundraising and exit environment are picking up

http://ow.ly/RJnb30n2A9m #VentureCapital

 

Media Partnerships

We are media partners:

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

House Keeping

We have published a lot of videos in the last weeks. Just to name a view: We talked to the Winner of Blockchain Startup Summit, to the Fintech and Banking Lead Google Germany and many others. Check our channel www.youtube.com/startupradio

 

Summarizebot uses AI for automated summaries of text, video and audio https://buff.ly/2PIzvNl
#ai #summary #textmining #artificial_intelligence #ai
#artificialintelligence #COSH18 #startup #startups #startupsawards #startupradio #Content #contentmarketing #bot

 

Andreas König will be new CEO at ProGlove – Munich Startup http://ow.ly/gDkm30mVjxh

learn more about this #Industry40 and #IoT startup in the interview here: https://youtu.be/dE76h-bKTH0

#wearable #startup #youtube #video #interview #glove

Hubs

Frankfurt

WeWork Labs: Starts in Frankfurt – Station Frankfurt http://ow.ly/Qy8z30n20qY

 

“Ideal Location”: Asana expands to Frankfurt, even building their european data center here (planned start H1 2019) – Station http://ow.ly/x6x830n1W1k

#startup #Europe #USA #SeriesE #VentureCapital #ToDoList #SaaS #WorkManagment #projectmanagement

 

#Frankfurt-based #proptech co-living #startup homfully raised undisclosed amount #VentureCapital from Holtzbrinck Ventures and ru-Net http://ow.ly/inO030n1OvJ

 

Frist #VentureCapital investment in the making for the #canabis #startup of Sebastian Diemer (controversial former co-founder of Kreditech) called Farmako | Gründerszene http://ow.ly/Os8330n0L6x

Related:

Sebastian Diemer, known as ousted co-founder of Germany’s most valuable #fintech startup Kreditech. Currently three different companies complain he has stolen their ideas, according to an article in Gründerszene http://ow.ly/xqD330mQ0Zy

 

IPO: Deutsche Familienversicherung a direct insurance company (think online), which sees itself as an #insurtech just sucessfully IPOed in #Frankfurt, raising more than 50 mn Euros http://ow.ly/CKSp30mTbOf

 

Cologne

German on-demand staffing startup Zenjob raises €15 million – Tech.eu http://tech.eu/brief/german-on-demand-staffing-startup-zenjob-raises-e15-million/

 

Chemnitz

Staffbase is a startup from Chemnitz, which enables companies on their platform to build apps for their employees. deutsche-startups.de reports they are doing great and only used 1.3 mn Euros of the 10 m #VentureCapital they have raised http://ow.ly/DpLm30mRXR1

 

Munich

Munich had quite a run in large VC rounds:

  1. Fitlab, Causeway Media Partners, Jazz Venture Partners, Courtside Ventures, Elysian Park Ventures and Ward invest 40 m Euro #VentureCapital in #Munich based fitness #app Freeletics http://ow.ly/PUfh30mRXYh
  2. Munich-based Fineway raises an additional €6 million for its hyper-personalised AI-based travel service | EU-Startups http://ow.ly/zdSF30mR1Tw  
  3. Idinvest Partners invests 7 mn Euro in #Munich #Telemedicine #startup TeleClinic.  #medtech #tech #startups http://ow.ly/eK5W30mNPkr

 

Companies

#Fintech

Serious financial situation at Germany’s formerly most valuable #fintech, #Hamburg-based Kreditech. In the last financing round the valuation went from 230 mn Euros down to the 14 mn Euros #VentureCapital just invested reports Gründerszene http://ow.ly/x9wt30mWhnb #Valuation

#VentureCapital

#Berlin based #fintech RatePay gets 83 mn Euro #VentureCapital as #VentureDebt from NIBC Bank https://buff.ly/2AyGZwR #Berlin #startup #startups #payments

#Berlin-based #startup Contentful raises €29.5 million Series D for its modern content delivery infrastructure | EU-Startups https://buff.ly/2ASfL4C

SIGNAL IDUNA, finleap, Engel & Völkers Capital, SBI Investment, SBI Insurance and Alma Mundi Ventures invest 23 mn Euro #VentureCapital in #Berlin based #Tech company ELEMENT. The startup was founded March 2017 and offers a B2B2X-tech platform http://ow.ly/jV8T30mNPdb

LeanIX, the Bonn, #Germany based #SaaS that lets #enterprises map out their #software #architecture, closes $30M Series C | TechCrunch http://ow.ly/b5kg30mVg8s

High-Tech Gründerfonds and Technologiegründerfonds Sachsen invest undisclosed amount of #VentureCapital in Dresden-based startup denovoMATRIX. The startup helps to grow human #stemcell http://ow.ly/4spF30mXdbq

Lausanne-based AgTech startup AgroSustain secures €1 million funding for its innovative product that will decrease food waste | EU-Startups https://buff.ly/2QHxjLy #VentureCapital

Deutsche-startups_de lists all #VentureCapital investments of the founders of SumUp http://ow.ly/o9bH30mTeTX

  • Caroobi
  • Comtravo
  • Creative.ai
  • discandooo
  • flaschenpost.de
  • i2x
  • Orda
  • Vermietet.de
  • Zenjob

 

#CorporateVentureCapital

Katjesgreenfood (the German #sweets giant) took over two of it’s portfolio startups in crisis repots Gründerszene exclusively https://buff.ly/2ABdkD8
==> Caté is no more permitted to sell its drinks, due to new regulations and Hemptastic as been dissolved #food #VentureCapital

 

#Blockchain and Crypto

Bitwala: #Blockchain #Banking starts in Germany. solarisBank and #crypto startup Bitlawa offer now a blockchain account in Germany, including a crypto debit card | BTC-ECHO https://buff.ly/2RRANrj

 

#RocketInternet Corner

Stephanus foundation rescues insolvent #RocketInternet company Pflegetiger – deutsche-startups.de http://ow.ly/50SE30mR1C9 #healthcare #startup #startups #insolvency #berlin #berlinstartups

German e-commerce platform Westwing sells its Russian subsidiary to Elbrus Capital – Tech.eu http://ow.ly/N8ap30mR28S

#Accelerators

#Target will be joined by Germany’s #Metro in next year’s #Techstars program – StarTribune.com http://ow.ly/NBCx30mR1JH

 

#Gaming

Deutsche Startups checks the numbers of Travian Games: They turned 21 mn Euro profit (2009) into 1,96 mn Euros loss (2016) they write http://ow.ly/3cMt30n0KYR

swedish Stillfront Group takes over #Hamburger-based #game developer Playa Games for 20 mn Euro. 14 mn are paid in cash, 6 mn in newly issued shares | Gründerszene http://ow.ly/xBGX30mY69R

Playtika acquires #Berlin-based #games studio Wooga for a rumoured acquisition price of over €100 million | EU-Startups https://buff.ly/2SpVxpS

 

#AllOtherNews

Flixbus, the German startup offering bus transportation in several countries, is working towards it’s IPO NGIN Mobility writes they could list in 2019 http://ow.ly/M7rO30mVg4O #transportation #coach #startup #germany #usa #bus #mobility

German ADAC association wants to turn the #airtaxi Volocopter into part of the emergency medical service in Germany | NGIN Mobility https://buff.ly/2RmF0Tx

Language learning app Babbel sold 1M US subscriptions this year, moves into language travel | TechCrunch http://ow.ly/80JK30mR1TG

#Berlin-based HomeToGo Buys a Near-Death #SanFransisco based Tripping in Vacation Rental Rollup – Skift http://ow.ly/kFPy30mTk55

#Holidayhomes, at least platforms to find them, are currently hot in the German startup scene. Two of the players generated big losses, so far: Holidu = 7,8 mn Euro loss – HomeToGo = 13,1 mn loss, according to deutsche-startups.de http://ow.ly/GTlZ30mQ0WE

Since 2011 myToys revenue increased from 240 to 421 mn Euros, losses amounted to 170 mn Euros writes deutsche-startups.de. Revenue growth has recently just been 5.5% http://ow.ly/9ClE30mWhyu

A new start fro Popcornloop, known from the German version of #SharkTank. They re-emerge from insolvency writes deutsche-startups.de. The founder buys assets and starts again http://ow.ly/l6lV30mVmnu

3D camera #startup Staramba has troubles with their auditor. The auditor denies their test seal for the balance for the listed startup reports Gründerszene. The market value sunk already from 150 mn Euros to 20 mn Euros http://ow.ly/fPGR30mVjWK

“Denn der ist Kern eines öffentlichen Streits samt PR-Debakel geworden. Im Mai hatten die Wirtschaftsprüfer von BDO bekannt gegeben, den Jahresabschluss nicht testieren zu wollen, weil keine ausreichenden Nachweise für die Jahresumsätze 2017 und Prognosen für 2018 vorlägen. „Wir teilen die Einschätzung der BDO nicht“, kritisierte Staramba-CEO Christian Daudert daraufhin im Interview mit 4investors.de die Prüfer, räumte aber eigene Versäumnisse ein.”

Booking.com axes 350 jobs in #Berlin | Gründerszene http://ow.ly/5X6730mNQHh

Europe’s most promising eSports startups | EU-Startups http://ow.ly/ghWj30mR1Nu Including German startups DOJO MADNESS and Streake

Windeln.de is fighting for survival. They had to issue several profit and revenue warnings in 2018. They are valued at 12.5 m Euros and now are trading as penny stock – Exciting Commerce http://ow.ly/da3e30mRYb2

 

Know How for those with vision

#Fintech: Advantages and Costs to Become a Bank https://buff.ly/2AFOYbs

Should Central Banks Start Issuing Cyber-Cash? https://buff.ly/2BQOWj0

Almost Every Electric Scooter Comes From This Chinese Company http://ow.ly/406T30mTkuS

#escooter #scooters #scooterwars #competition #rental #platform #startup #VentureCapital #manufacturing #Manufacturers

The Most Active Investors In Banking Automation – CB Insights Research http://ow.ly/RgRT30mVmZC

#CustomerService #chatbot #bots #CRM #fintech #automation #startup #startups #banking #processautomation #processing #VentureCapital

Synergy and disruption: Ten #fintech trends http://ow.ly/NLps30n2zQm