Here are your startup news Germany for October 2017

 

Housekeeping

Once again we have published a lot of videos since our last news podcast. There are more on the shelf and we will keep posting at least until the end of the year. Check it out here www.youtube.com/startupradio. We can tell you that since the last news, we posted a few quick fire interviews, as well as the interview with Pal-V, the flying car from the Netherlands. We conducted the Pal-V interview live at Frankfurt Motor Show.

We have also been to the Frankfurt Book Fair, where the German association of book printers and publishers presented the startups of their accelerator program Content Shift. Stay tuned for the interviews we conducted afterward. www.youtube.com/c/startupradio

I am sorry, but I have now quite a backlog on editing. I will catch up with it till Christmas! 🙂

 

We also published an exclusive interview with the founder of Raisin, the Berlin-based deposit marketplace: Raisin – How the financial crisis inspired this former partner at McKinsey & Company to jump ship and found a startup https://buff.ly/2z8qk4W  

EcoSystem

Deutscher Startup Monitor! Insights into Germany′s startup scene | Founders Valley | DW | 18.10.2017 http://ow.ly/OoVS30g7ucl

  • 1.837 Startups
  • 4.000+ founders
  • For the third year in a row the number of female founders increased to 14.6%
  • TU Munich most important university
  • Half of the startups feel to be belonging to a regional cluster, for know-how transfer, cooperations, and visibility
  • 9 out of 10 founders see their business situation as improving
  • â…“ of the startups employ EU citizens
  • The startups in DSM have 13.2 employees on average and plan to grow by 7.5 more
  • 7,6% of the founders relocate to Hessen with their company.
  • Fintechs only make up 4,6% of the startups. Largest share are software companies with 19,4%, followed by SaaS with 12,0 %

European Banks Will Have to Share Data With Their Rivals, including FinTechs, writes Bloomberg, which is due to PSD2 (the EU’s 2nd payment service directive) http://ow.ly/dswb30g3Xfn

 

Hubs

Frankfurt

Deutsche Bank buys 25% for approx. 1 mn Euros of this #Frankfurt based Fintech, founded by twins | GrĂĽnderszene http://ow.ly/NvW030g8PVj //

With us, you have been ahead of the curve. We published an interview with Dwins already in December 2016  https://www.startuprad.io//interviews/dwins-db-hackathon-winner/

 

HelloFresh Aims for $1.8 Billion IPO Valuation in Frankfurt IPO https://buff.ly/2gBcErE, the first day of trading will be November 2nd

https://www.reuters.com/article/us-hellofresh-ipo/meal-box-firm-hellofresh-sets-price-range-for-nov-2-ipo-idUSKBN1CR0Q4

 

Stuttgart – Cybervalley

Amazon will open AI center in Germany, in the so-called Cyber Valley, close to Stuttgart. You may remember we talked about the area. It is the world’s largest Automotive and machine building cluster http://ow.ly/pIxJ30g7t8a

Little quiz: What family names do you know from this area … Schwaben? How about Bosch, Daimler or Porsche?  

 

Companies

Follow-up on earlier news wrap-ups:

Karl-Theodor zu Guttenberg the former secretary of defense talks about his VC company Spitzberg Partners and the offices one cannot find | GrĂĽnderszene http://ow.ly/n4nW30fJzns

 

Tesla gets tougher competition: Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck – Bloomberg Quint ow.ly/z0H430g7sFx

 

Berlin-based startup behind the math learning app Math42 just got acquired for €20 million | EU-Startups ow.ly/g9Ho30g2amj

 

21 mn Euros VC money for German open source company Open-Xchange buff.ly/2ylMEHl pic.twitter.com/BN4HoHq1F7

 

Just in before the news: Deloitte buys Berlin-based company builder Makers | GrĂĽnderszene http://ow.ly/jM0m30g8Q8R

 

And Spotcap raised money again. Deutsche-Startups looked back at it and found that already 100 mn have been invested in this Berlin-based startup http://ow.ly/djYO30fLuiw

 

Rocket Internet Corner

Rocket Internet-backed Global Savings Group secures €19.2 million to grow beyond couponing | EU-Startups  $RKET ow.ly/dmwm30g2amB

 

Competitions and events

 

Upcoming is the Euro Finance Tech 2017 on November 16th. Reach out, we get a discount for listeners on the ticket price! http://www.eurofinancetech.com/blog/en/tickets-eft-iv/

 

The Merck Accelerator program for startups in the healthcare, biology, chemistry and related sectors (including agriculture), will accept applications till November 13th 2017 https://accelerator.merckgroup.com/  

 

Stay ahead of the curve

 

56 Deals with several million – more than 200 million Euros tracked by deutsche-startups.de http://ow.ly/gUSg30fLuiO

 

AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession https://www.cbinsights.com/research/jobs-automation-artificial-intelligence-risk/

#Unicorns Abroad: The Creation Of Billion-Dollar Startups Is Shifting Out Of The US http://ow.ly/9S9x30fLvgH