Startup News from Germany – Summer

/Startup News from Germany – Summer

Startup News from Germany – Summer

House Keeping:

This is the last news podcast before the summer break. We will be back with more interviews, new formats and even live streams in September.

Our recent publications:

 

Ecosystem:

Of course, the big news in the last 6 weeks has been the Brexit. Many cities are fighting for the businesses, banks and startups leaving the UK. We collected articles for on the topic:

 

Hubs

We found news on two hubs, Frankfurt and another one, which may have escaped your sight, the lovely city of Heidelberg.

Heidelberg

is home to the 2nd oldest university in Europe (approx 400 years older than Harvard), home to a world class medical school. This also draws in biotech companies, tech startups and centers like the German Cancer research center. Don’t forget the proximity to software giant SAP and cities like Stuttgart or even Frankfurt (35 minutes by high speed train). “5 Reasons to build your startup in Heidelberg instead of Berlin (Ger)” http://ow.ly/Kc3K3022KEJ

Frankfurt

Best Startups of Frankfurt University, thanks to their incubator called Unibator (Ger) http://ow.ly/48rO301YhTO

Accelerator Frankfurt, you can apply now! As a startup in fintech, cybersecurity or a web based startup http://ow.ly/d58N3020oeO

 

Companies

Frankfurt based fintech savedroid AG closes 1mn € seed funding and releases its beta version for micro savings https://t.co/7UM2BQ4lzq
Natehelps.de is the startup Chris is talking about, while discussin the news.

 

Uber‘s 62.5 bn US$ valuation makes only sense, if it becomes a monopoly and this will fail http://ow.ly/O9bR300QvnJ
Uber also raises its first loan of $1.15 bn http://ow.ly/Skkp302b9wg

 

This is how travel portal Travelcircus had a rocket like launch (Ger) http://www.morgenpost.de/wirtschaft/karriere/article207765433/So-gelang-dem-Reiseportal-Travelcircus-der-Senkrechtstart.html?__pwh=F3mLBo0YTGmmzIFwWppiNA%3D%3D

 

Fintech superstar Number26 goes through a phase of heavy scrutinizing right now. They claimed to have “Europe’s most modern bank account” and they wanted to do everything in finance differently, yet now they took some of it back http://www.handelsblatt.com/unternehmen/banken-versicherungen/fintech-number-26-auf-dem-weg-zur-normalen-bank/13861690.html

 

And a look at the solar industry: There’s company “Sonnen“, now really getting more and more into the US market http://arstechnica.com/business/2016/07/sonnens-new-battery-for-solar-self-consumption-could-succeed-in-us/

 

We also had rumors, which turned out to be untrue: Media reported that Alipay wanted to buy a 25% stake in Munich based Wirecard payments provider https://t.co/0ANJPnCkLI 

 

Half a year is over and this may be the first time to look back. For this we use the collection of the most important venture capital investments the blog deutsche-startups.de and we only see two rocket startups in the top 11. This is quite surprising, since the rocket startups used to be the list (zalando, delivery hero, …). Times are changing?
(Article was changed since we based our news on it) http://ow.ly/q2QO302d8jf

* SoundCloud (100 mn + 32 mn US$)

* eGym (45 mn US$)

* Number26 (40 mn US$)

* Finanzcheck.de (33 mn Euro)

* Spotcap (31,5 mn Euro) – Rocket Startup

* Celonis (27,5 mn US$)

* SnapShot (25 Millionen)

* Movinga (25 mn US$)

* Thermondo (23,5 mn Euro)

* tado (20 mn Euro)

* Home24 (20 mn Euro) – Rocket Startup

 

Startup Competitions

You can now apply for the wards handed out by Google, McKinsey and Rocket https://techcrunch.com/2016/06/30/google-mckinsey-and-rocket-internet-launch-search-for-europes-best/

You can apply now to the Euro Finance Tech Award, which will be handed over at the Euro Finance Tech in November this year in Frankfurt http://www.eurofinancetech.com/blog/award2016/

 

Know-how for those with vision

By | 2016-08-10T15:44:41+00:00 July 18th, 2016|News|0 Comments

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