Startup News Germany November 2018

/Startup News Germany November 2018

Startup News Germany November 2018

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

This recording is in media cooperation with Gruendermetropole Berlin.

Sponsoring Message supports this program. 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:


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

Rise of the Global Startup City, Berlin made it to No 12 in the global #VentureCapital ranking
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

Christmas Survey by Deloitte Germany
(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

“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 $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

The 31 European #Unicorns Ranked By Valuation – CB Insights Research
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

We attended LendIT in London 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
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:

Danish edtech startup WriteReader raises €1.4 million to improve students’ writing skills | EU-Startups  #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 – You can learn more about the founder here in our exclusive interview:



Formnext 2018 in Frankfurt, Review and 26 Key Learnings for Marketing Folks 

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

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

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” 

SAP Buys Qualtrics; 2018 Catapulted to $65B in $1B+ M&A Volume • Tomasz Tunguz

Würzburg-based strategic purchasing platform scoutbee raises $4 million –

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

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


Top 15: Europe’s biggest startup hubs in 2018, including #Berlin and #Munich | EU-Startups


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 % –


#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




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

#Blockchain and Crypto

  • Bitcoin-Rigging Criminal Probe Focused on Tie to #Tether
  • 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

#RocketInternet Corner

  • #Frankfurt listed #HelloFresh increases revenue by almost 40% (302,2 mn €), with an #EBITDA loss of 26 mn Euros $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 $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
    #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 

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 (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

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

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

Apple Pay – To start in Germany, in cooperation with Deutsche Bank, comdirect, N26, Visa, Master Card, American Expess and others … #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

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

German media house ProSiebenSat1 acquieres #US based eharmony. The company is already invested in dating websites in Germany with Elitepartner and Parship –

#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

Know How for those with vision

Research Shows Immigrants Help Businesses Grow. Here’s Why.

A Guide To #Corporate #Innovation: 19 #Strategies To Drive Innovation Now – CB Insights Research

Unbundling The Autonomous Vehicle via CBinsights

The Top Ten Cities For $100M VC Rounds In 2018 So Far

Germany’s family-run companies turn venture capitalists, fund startups

The incumbents awake: “Patent Analysis: Top US Banks Prioritize Payments” – CB Insights Research


By |2018-12-03T09:32:53+00:00November 30th, 2018|Exclusive, News|0 Comments

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