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 Â 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? Â
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/ Â
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
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