(Audio) This Month in German Startups December 2019 by Startuprad io

Home/(Audio) This Month in German Startups December 2019 by Startuprad io

(Audio) This Month in German Startups December 2019 by Startuprad io

If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.

Talk to the hosts:

Jörn “Joe” Menninger joe@startuprad.io

Chris Fahrenbach chris@startuprad.io

 

Enabler

This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/


Together with our enabler we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:

  • 💢 Tech Startups Germany by Startuprad.io – Audio only
  • 💢 Tech Startups Germany by Startuprad.io – Video

Recommended Holiday Readings (Affiliated Links)

The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU
The 7 Habits of Highly Effective People

by Stephen R. Covey

https://amzn.to/2sGDy78

 

The 8th Habit: From Effectiveness to Greatness

by Stephen R. Covey

https://amzn.to/34DYbOC
The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet
Outliers by Malcolm Gladwell https://amzn.to/36U41g6
Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj

 

Find all the links here:

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This Month in German Startups December 2019 by Startuprad io

This Month in German Startups – December 2019

 

If you are new to our podcast(s), we are wrapping up the startup news of the German speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting form there. Some of the source articles are in English, some are in German. Scroll down to find the video.

 

Find the hosts here:

Jörn “Joe” Menninger joe@startuprad.io / Twitter  / LinkedIn / Video Interview (2018)

Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)

 

 

Recommended Holiday Readings (Affiliated Links)

The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU
The 7 Habits of Highly Effective People

by Stephen R. Covey

https://amzn.to/2sGDy78

 

The 8th Habit: From Effectiveness to Greatness

by Stephen R. Covey

https://amzn.to/34DYbOC
The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet
Outliers by Malcolm Gladwell https://amzn.to/36U41g6
Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj

 

 

Enabler

This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

 

Together with our enabler we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here: 

 

Housekeeping – Time to brag 

We already made 155.000 unique listeners this year and still counting! We are now having a major marketing campaign going on, which may lead up to 170.000 people listening to us on iTunes, Stitcher, Spotify, Deezer and TuneIn, for others we don’t have any statistics yet (think Google Podcasts). 

 

Now there is

 

A short note on the recording and German customs

Hey guys, we try to bring you a coverage of the German startup scene, as well as make you familiar with some customs. So here is a two minute tangent:

This recording was done on December 18th 2019. All news we collect afterwards will make it into the January News.

Tangent: Keep in mind this is pretty early in the month for us, but Germany is in great parts shut down between christmas and new years eve, in Bavaria and Baden Würtemberg even until January 6th. In many companies you get off December 24th (where in Germany christmas is celebrated and presents are handed over, either by St. Niclas or Christkind). Most stores on the 24th will only be open until 14.00 (2 pm) and December 25th and 26th are bank holidays. Businesses usually use this time to prepare the annual accounts. So we expect not too many news we will miss here, neither should you.

Germans call this time “in between the years”, since between 1648 and 1871 your religion depended on the religion of your ruler (Count, Duke, King,…), either catholic or a variation of lutheranism (Calvinists or Lutherans, which are called protestants in Germany). And with your religion you had a specific calendar between 360 and 365 days. So between Christmas and January 6th all years ended and new ones started. If you are curious, have a look here (available in German only): https://de.wikipedia.org/wiki/Zwischen_den_Jahren

 

Christian’s Tangent: 28 Days, 13 months calendar: https://13months28days.info/

 

Ecosystem

Note: This time we found more interesting news on the ecosystem. We think it may help you to form your personal forecast on how the German startup scene may develop in 2020. Next time we will bring you much more news about individual companies again. 

 

Germany leads the way as banks might embrace crypto

https://buff.ly/380B6Z9

“Next year Germany is very likely to accept a law that will make it possible for institutional banks to offer crypto services, including bitcoin custodial wallets. Handelsblatt reported the news earlier this week. This would make Germany the first major European country to embrace cryptocurrencies at an institutional level, and likely more countries will follow. Because the Germans have been the leading force behind the European economy for decades.”

 

‘Ecommerce Germany will rise to €68 billion in 2019’ https://ecommercenews.eu/ecommerce-germany-will-rise-to-e68-billion-in-2019/ (this is somewhere in the space of the GDP of whole countries like Afghanistan, Cambodia or Bahrain)

 

Here is the hint to the Fintech Review Germany 2019 by Startuprad.io: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/

 

We look at the UK, which is a bit ahead in the Neobank wave: #Neobanks are currently looking like they are not winning writes Sifted – What does this indication mean for the German challengers?

“-Traditional banks — Nationwide Building Society, HSBC and NatWest — still have the highest net switching gains

-Contrary to media hype, people aren’t leaving Barclays for Monzo. Most are leaving to go to Nationwide and HSBC. Indeed, Nationwide saw more net gains than Monzo and Starling combined, showing the big banks have still got “it.”

– Nonetheless, the two digital banks came in fourth and fifth respectively for net gains. To their credit, they’ve overtaken several big banks like Lloyds and RBS who are losing current account customers overall.

– Monzo also trails just behind HSBC for net gains, and could well overtake it in the coming quarter.

– Metro Bank – the brick and mortar challenger bank that faced accounting issues earlier this year – did not provide their switching data” https://buff.ly/2RxZ5JF

 

We discussed this a lot during our fintech review! Have a look at it here: XXXXX

 

Europe’s top angel investors | Sifted https://buff.ly/2LeXjJm

including Delivery Hero Co-Founders @Kolja and Lucasz, as well CEO of Circ and Team Europe

 

Global Ranking of #Fintech #Hubs is good for Germany https://buff.ly/2Ym7VeQ 

Global Positions:

  1. Berlin
  2. Frankfurt
  3. Hamburg
  4. Munich

 

car subscription services are right now hot in Germany amongst startups, investors and corporates. DS lists a few startups active, including 

@CarmingaHQ 

@Carvolution_AG

@WeAreCluno 

@driveFaaren 

#finn #vivelacar #like2drive

https://buff.ly/2rYvXAG

 

Top Companies Behind the Midas List Europe 2019 by Forbes 

includes Delivery Hero from Germany. Congratulations

https://buff.ly/2rKN1Kg

 

Affiliated Links

Our Affiliate Partner
Co-Working WeWork
Marketing / SEO / Graphics / Sounds and more Fiverr
Email service? G-Suite
Looking for a bank account for your startup? Have a look at our partner Penta Penta Bank Account
Audible subscription: You can listen to Venture Capital books or entertainment on your way to work with an audible subscription https://amzn.to/2pGzseh

Learn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/

Hubs

#Frankfurt / Rhine-Main

Innoplexus Is the Google of Pharma https://buff.ly/36tjsvP

They are headquartered close to Frankfurt and raised 35 mn Euros already, with plans to raise another 40 mn Euros #VentureCapital “in the next months” 

 

The Kerala Startup Mission (KSUM) has tied up with leading German incubator Mainstage, from Frankfurt helping incubated firms to gain access to the European market.

https://buff.ly/2Y62XCX

 

Darmstadt based drone startup Wingcopter raises millions from investor from Singapore – Station https://buff.ly/2Z2zsSW 

 

#Munich

Accel invests in Munich based fintech Personio – Likely 50 mn Euros reports DS https://buff.ly/2sxRccG

 

The Munich-based German startup Sono Motors has just radically changed its financing strategy. Instead of relying on strategic investors, Sono will now increase its focus on #crowdfunding. #emobility #solar #munich

https://buff.ly/2DAUVIT

 

Companies

#New Fintech Unicorn

Germany has a new fintech unicorn – the first insurtech unicorn to be precise.

Omers Ventures, Merian Chrysalis, Samsung Catalyst and others invest 110 mn US$ #VentureCapital in #Berlin-based wefox, valuing the fintech likely beyond 1 bn USD. Investments in wefox now total  270 mn USD. 

https://www.deutsche-startups.de/2019/12/11/wefox-unicorn/?utm_source=-custom-by-source-0

Related:

Half of VC investments in German fintechs go to a select group of startups

  1. N26 / 2019 / 412 Mio. Euro
  2. N26 / 2018 / 130 Mio. Euro
  3. Friday / 2019 / 114 Mio. Euro
  4. Kreditech / 2017 / 110 Mio. Euro
  5. Wefox / 2019 / 110 Mio. Euro
  6. Raisin (Weltsparen) / 2019 / 100 Mio. Euro
  7. Deposit Solutions (Zinspilot) / 2018 / 86 Mio. Euro
  8. Kreditech / 2015 / 83 Mio. Euro
  9. Solarisbank / 2018 / 57 Mio. Euro
  10. Smava / 2018 / 54 Mio. Euro

https://financefwd.com/de/comdirect-barkow-studie-konsolidierung/ 

 

#Rocket Internet Corner

Rocket Internet and United Internet are dissolving their cross-shareholding.

There is no more strategic value for United Internet writes United Internet. 241 mn Euros in an all shares deal https://buff.ly/2LFCfvQ

Learn more about United Internet, the telecoms company (member of TecDax) here: https://en.wikipedia.org/wiki/United_Internet

 

Berlin-based #startup Whysker, who achieved Germany’s first ICO, has to file for insolvency 🙁

#eth #tokens #ICO #blockchain #Germany #Berlin

https://www.gruenderszene.de/business/ico-wysker-insolvenzverfahren?mc_cid=40c54e925c&mc_eid=1f745aced1&utm_source=-custom-by-source-0-

 

Monoqi the online furniture store appears to be in trouble. Clients complained they paid for goods, but never received any and the website is “refurbishing” since September. Now first clients get their goods https://buff.ly/2ts8NDo

 

You guys know Osterus, an #HRTech startup from Germany? No, but founders of N26, Lieferando and Anydesk already invested …. https://buff.ly/36tUzjz 

 

Ex-Apple engineers cook up cheaper, more powerful tech for self-driving cars, and Porsche already invested https://buff.ly/2Pxccbk

 

Pricefx closes Series B at €48 million, with eyes on US expansion and potential acquisitions – Tech.eu https://buff.ly/2KTrSnR 

 

Now I will go to decorate the christmas tree and have a Glühwein with my wife … 🙂  here is the hint to the Glühwein: https://en.wikipedia.org/wiki/Mulled_wine

 

By |2019-12-31T17:09:32+01:00December 31st, 2019|blog|1 Comment

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