Episode Transcript
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0:05
Welcome to startuprad.io.
0:09
Your podcast and YouTube blog covering the German
0:12
startup scene with news, interviews, and
0:16
live events. Hello, and welcome, everybody. This is Joe from startuprate.o.
0:24
Welcome to this month in German, Swiss, and Austrian startups,
0:27
March 2025. Welcome to
0:30
our regular startup news from the startup and tech entrepreneurship
0:34
scenes in Germany, Austria, Switzerland, and even
0:37
Liechtenstein. Our startup news is recorded again
0:41
with Chris in New York City. How are you doing, man? Hi. I'm good.
0:45
City is gray, but my heart is full of sun.
0:49
That's why we love him. I'm joining from Frankfurt.
0:53
Today's news card was already 03/21/2025
0:57
due to us recording on a Monday. As always, all news not
1:00
included will be in our next news wrap up. Here a
1:04
little hint, the April news wrap up will be published on
1:08
May 1, Labor Day in Europe, where a lot of people
1:12
have free time. And as always, we need to cut the
1:15
news very seriously. In case
1:19
you celebrate it, between now and our next recording,
1:23
happy Easter. Yes. Chris,
1:27
Chris, my friend, you've always been a highlights guy.
1:30
Right? Yes. So, I mean, I
1:34
don't know how to follow, after Jesus's
1:38
resurrection, but let's have a look at a couple of the highlights of this
1:42
year. Chris, we just tell our audience that you are also a
1:46
highlight. Exactly. I mean, Chris, it's like, you know,
1:49
Christian. It's like it's all the same story anyway. So,
1:53
let's get started. This month, startup news reveal
1:57
again a pretty dynamic DACH region. So DACH being
2:00
Deutschland, Osterreich, Schweitzer, Germany, Switzerland, Austria, Germany, Austria,
2:04
Switzerland. We are seeing significant financial
2:08
movements, some strategic shifts. We see that ID now
2:12
has an impressive €300,000,000 exit to Coase,
2:16
underscoring the fintech sector's maturity, while
2:19
Thomas Bravo's one point eight billion euro
2:23
European fund signals a strong US US Investor
2:27
confidence. Notably, the stablecoin market surged
2:31
to a record 20, sorry, surged to a
2:34
record $226,000,000,000, reflecting
2:38
evolving digital finance landscape. And, however,
2:42
though, as always, we also see that challenges persist with
2:45
zombie VC trends. We will talk about what that means and selected
2:49
insolvencies like element insurance highlighting market
2:53
volatility. We are
2:56
trying to come up with a
3:00
view of the German Switzerland Austria text scene for
3:03
you. And yeah. Well, as always, this
3:07
month, also, we see that it's it's a bit of a whirlwind in these
3:11
three countries. We see Volocopter's acquisition,
3:14
by OneFeng Group. We see that
3:18
Mainz's Biomed has a groundbreaking
3:22
cancer detection discovery. We've tracked major
3:25
funding rounds, including Tactile's fifty two million euros
3:29
raise, and celebrated female led start up
3:33
setting new records in Switzerland. We would talk more about that.
3:37
But as I said, it's not always, and everything's smooth sailing.
3:41
We are also witnessing legal battles, like Germany's
3:45
top startup versus SAP and GDPR compliance
3:49
reviews for DeepSeek, reminding us of the high
3:52
stakes in the whole entrepreneurial landscape. So I would say, let's talk start
3:59
ups. As
4:03
already said, we are shifting to two publications a
4:07
week. Let us know how you like it.
4:13
As always, you could get our audio podcast wherever you'd like to get
4:16
your podcast. And keep in mind that we do have a twenty four seven Internet
4:20
radio station under startup.radio.
4:24
For all others, use our link tree. We'll link it down here in the
4:28
show notes. Chris, you also wanna do
4:31
our top news pieces? Yeah. So let's
4:35
look into what I already hinted at a bit, a bit more
4:38
in-depth. So first off, ID. Now
4:42
or Corsair. Corsair has a €300,000,000
4:46
acquisition of IDNow, marking a pretty significant exit in
4:50
the fintech sector, overall highlighting the
4:53
continued interest in digital identity verification
4:56
solutions. It's a Munich based
5:00
company, and their sales signal, investor
5:03
confidence, obviously. And you can read more about it on
5:07
Business Insider, Handelsblatt, and, also on
5:11
our own website where we have more about the CEO
5:15
and ID now in an exclusive interview.
5:20
Germany's count of billion dollar startups is on the rise,
5:24
showcasing that the nation's tech ecosystem is growing and pretty
5:28
healthy. Search and valuations underscores the
5:31
increasing maturity of the German venture capital landscape. The
5:35
trend signals a fertile ground for innovation and investment.
5:39
So Heizer.de was counting Heizer.da also
5:43
being a German tech website was counting the number of billion,
5:48
euro startups in Germany and saw an
5:51
increase. One thing, I already talked about that in
5:55
the highlights too or in the little teaser in the beginning. The
5:59
One Fang Group is set to acquire Volocopter, a company we've been talking
6:03
about here quite often. So we are talking air
6:06
taxis, helicopter taxis, however you wanna call them.
6:11
Urban air mobility is sometimes the buzzword here used.
6:15
But despite the acquisition, Volocopter will remain based in Baden.
6:20
So we will see how that will
6:24
work out. Panasonic's
6:28
strategic investment in Tado shows the
6:31
growing convergence of energy and smart home technologies.
6:36
It's a partnership showing that there is
6:39
movement in the market of energy efficiency solutions.
6:44
Tado is a company that comes up with new approaches for home
6:48
climate control and now has a strong partner
6:52
with Panasonic. Housekeeping.
6:57
Housekeeping. Yes. As always, we're thrilled to share our
7:01
significant achieve oh, by by the way, I was,
7:05
a guest in the corporate life podcast.
7:09
You can have a look down here in the show notes where we talked about
7:12
2025 tech trends. We are thrilled to share
7:16
our significant achievements for start up radio in q one twenty twenty
7:20
five, which has solidified our position as leading voice in
7:24
the startup scene. We got the number one spot in
7:27
Feedspot's top 15 German story podcast. By the way,
7:31
furschotterbrecher.a0+ number seven also made Female Entrepreneurship,
7:35
our sub podcast. We got our podcast, Fintech Germany,
7:43
at number 19 in million podcasts, top 100
7:47
fintech podcasts globally. Completing these podcast triumphs,
7:51
we've been named among the top 100 fintech companies and startups
7:54
in Germany Twenty Twenty Five by f six s reinforcing
7:58
our deep understanding of the investment landscape and our key role
8:02
within the German startup and fintech community. Beyond
8:06
these specific awards, our podcast consistently charts right
8:09
now in, Chris, would you know? 15 to 20
8:13
global, global podcast charts in any given
8:16
day. We are everywhere. Almost.
8:20
Almost. But we are we are working on this. If you like to
8:24
work with us, drop us an email at
8:28
partners@startoperator.ao. Chris,
8:32
you have always been very happy with the ecosystem. Right?
8:35
Yeah. So, in this ecosystem
8:39
segment, we are, at first looking at the ecosystem
8:43
of the world, the worldwide ecosystem for start ups, taking a
8:47
global pulse on the entrepreneurial spirit.
8:53
We see that entrepreneur optimism,
8:57
is increasing. Techstars survey a Techstars survey
9:02
shows strong global confidence. So according
9:05
to this recent Techstars pulse of the entrepreneur survey,
9:10
global entrepreneur optimism remains remarkably high. The survey is
9:14
conducted by Techstars, Stars, a leading accelerator and venture capital
9:17
firm, reveals a strong belief in future growth and
9:21
innovation. The survey, which interviewed many early stage
9:25
start up founders, shows that founders are extremely positive about
9:28
the future of their businesses, But it
9:32
is worth noting that the survey was likely taken before
9:36
the recent tariffs and global trade tensions began to escalate. So
9:40
that whole discussion was not part of it yet or is not, like, included yet.
9:44
And as such, it is possible that future surveys may show a bit of a
9:47
shift in this, optimism. Let's take a
9:51
look at how these global trends are impacting specific
9:54
regions, mostly Europe, ecosystem Europe,
9:59
where, GDPR reform is a big topic. In
10:03
a surprising turn, the conservative, member of the European
10:06
Parliament Axel Foss and privacy advocate Max Schrems,
10:10
which in Germany is known for having sued Facebook
10:13
very early on, have reached a rare agreement on GDPR
10:17
reform. Netspolitik reports, that's a
10:21
German, website about web policies,
10:24
reports that the collaboration among the two aims to streamline data
10:28
protection rules potentially impacting how European startups
10:32
handle user data. And that could
10:36
lead to regulatory challenges that actually
10:39
affect many startups and websites doing
10:42
business online. Moving on to a major
10:46
funding milestone, European Union
10:50
funded start ups have collectively reached a staggering
10:53
€520,000,000,000 in valuation according to
10:56
Broadcaster.com. It's a milestone underscoring how effective the
11:00
European Union, invest European Union's
11:04
investment in fostering tech and innovation growth is.
11:08
The achievement highlights the strength of the European start up, ecosystem
11:12
as a whole. You can read more about it in the lengthy article
11:16
or the in-depth article of podcast.com. Speaking of
11:19
supporting start ups, though, there's Unterneema TUM,
11:23
which is from the University of Munich.
11:27
Unterneema TUM has a technical university to be more
11:30
precise. And and we should tell everybody who's not a German native
11:40
speaker, Unterneema two means entrepreneurship, but here it is
11:44
spelled in capital letters t u m, which also means Tag Nangle
11:47
University Munich. Wordplay. It's a wordplay. It's
11:51
funny. But Unterneema, t u
11:54
m, has been recognized as Europe's best
11:58
founding center for yet another year, a recognition that
12:02
they have achieved before, again, highlighting their continued excellence in
12:06
nurturing entrepreneurial talent in Southern Germany, or
12:09
based coming from Southern Germany. You can hear more about their work in our
12:13
recent interview that we did with the, COO of
12:17
Unterneema TUM on start up radio.
12:20
Shifting gears. Get it? Because now we're talking about the
12:24
automotive sector. We are
12:27
seeing in the European car market that several
12:32
brands are struggling, namely smart,
12:36
tiny compact cars, and Tesla. It's an
12:40
analysis by Automotoren Sport, probably the most renowned
12:44
German automotive monthly magazine. And
12:47
that reveals a challenging year for Smart and Tesla and European new car
12:51
registrations, indicating a shift in consumer
12:54
preferences with these brands facing declining interest. I
12:58
mean, especially with the whole discussion going on about Elon Musk, Tesla
13:02
has, is fighting a decline
13:05
in sales from sometimes 70 to 80%
13:10
in, monthly sales compared to last year. So
13:14
yeah. But we are seeing, okay, that that these are trends in the
13:18
European automotive market as a whole.
13:22
Let's take a broader look at the European tech landscape. TechEU,
13:28
has come up with their latest report
13:31
providing a comprehensive overview of European tech trends and investment
13:35
activity in February. You can
13:39
access the full report, on a
13:43
under a link that we have in our show notes. And
13:46
finally, a major development in digital finance. The
13:50
European Central Bank president, Christine Lagarde, has
13:53
announced the launch of the digital euro CBDC
13:57
set to begin in Europe in October as reported by
14:00
BTC echo, and it's a move that marks a significant step
14:04
in the evolution of digital currencies in Europe. And we
14:08
will also see how it may may affect the, European
14:12
fintech world. Moving on from Europe and to the DACH region,
14:16
the core of our show. So DACH region again, Germany, Switzerland, Austria, Dutch
14:20
and Austria Schweiz. Today, we are
14:25
exploring developments from AI breakthroughs to founding
14:29
dynamics and even furry into outer space.
14:34
Germany boasts world class AI research but faces
14:37
challenges in translating that innovation into practical applications,
14:41
writes Entifah, a German news channel. This
14:45
report, their report highlights the discrepancy between academic
14:49
excellence and commercial implementation. So the German AI
14:52
research landscape might be strong, but there are issues with the practical
14:56
applications of their research. On a more
15:00
positive note, Germany's broader tech ecosystem is making waves.
15:04
Tech EU reports that the tech ecosystem is a significant
15:08
driver of global change with its startups and
15:12
innovations making an impact on the world string stage,
15:15
actually showing that the, German tech industry's standing
15:19
is improving. Moving south to Switzerland
15:23
where funding is a key topic, venture capital for
15:27
the Swiss fintech startups is tied, but Amnis is
15:30
proving to be a notable exception, reports money
15:34
today. This highlights the nature of investment
15:37
selective nature of the investments in the Swiss fintech sector, but at least
15:41
it's one success story. And a bright spot for female
15:44
founders in Switzerland, startup ticker
15:48
CH reports that female led startups in
15:51
Switzerland have achieved another record breaking year.
15:56
Continuing growth here demonstrates the increasing influence of
15:59
women in the Swiss entrepreneurial landscape and,
16:03
women catching up. Shifting east
16:06
from Switzerland to Austria, where also AI and funding
16:10
are key themes, Linz, the city of Linz, has launched an
16:14
AI excellence cluster focused on the development of flexible artificial
16:18
intelligence rights Factory Net, an initiative
16:21
aiming to position LINZ as a leading hub for AI innovation.
16:26
And Austria has also seen movement on the funding front,
16:30
where the Austrian DACH Fund for start up investments
16:37
is set to launch, reports trending topics. It's a fund that
16:41
aims to boost investment in Austrian start ups and foster regional
16:44
collaboration. Finally, a surprising development in
16:48
Austrian aviation, Lower Austria is entering the
16:52
space race, Lower Austria being the name of
16:55
the state of Austria, with Vienna Airport transforming
16:59
into a space hub, reports trending topics. It's a
17:03
pretty unexpected development signaling Austria's growing interest in
17:07
space exploration and technology. And that wraps
17:11
up our look at the dynamic start up and tech scenes across
17:15
the DACH region. Let's talk general news.
17:19
I also wouldn't have, Lower Austria on my cards talking
17:23
about space race here. Let's go to the general news,
17:26
our VC pulse. New funds and information from the
17:30
VC world with relevance for the DACH region. Welcome to
17:34
our investment pulse check where we delve into the largest
17:37
latest venture capital news and new fund launches.
17:41
Post star capital launches of 500,000,000 e mobility
17:45
infrastructure fund, dedicated to accelerating zero emission logistics infrastructure.
17:53
This significant investment e
17:57
mobility sector and is its potential to
18:00
revolutionize transportation. EU startups provides the
18:04
details. Next, a look at impact investing,
18:07
KFW Capital, the capital armor of KfW
18:11
Bank, a state owned bank here in Germany, unveiled
18:14
200,000,000 impact fund facility.
18:18
This is aimed at supporting impact funds. This initiative underscores the
18:22
growing emphasis on sustainable and social response
18:26
responsible investment within the venture capital
18:30
landscape. VC magazine provides more details. Moving on
18:33
to successful fund closures, fund f reaches
18:37
28,000,000 final closing backing diverse found founders.
18:41
Now for major European fundraise, Thoma Bravo raises
18:45
1,800,000,000.0 for European venture fund. Thoma Bravo
18:49
has successfully raised €1,800,000,000 for
18:52
its first European venture fund. This substantial
18:56
capital raise signals significant interest in European tech
19:00
companies from major US Investors. TechCrunch
19:03
provides more details. A look at unique investments.
19:07
Peter Thiel's fund receives 50,000,000 from
19:11
Matthias Stufner Sand. Peter Thiel Venture Fund has
19:15
secured a 50,000,000 investment from Matthias Stufner Sand. This
19:18
investment is notable for its connection to prominent figures in both
19:22
tech and media. Manager magazine reports on the transaction.
19:26
Chris, can you can you give us a few ideas about Matthias
19:30
Stefner? Well, he's, I mean, one of the
19:34
biggest players in German media and has been
19:38
for years. He's gotten huge shares in media
19:41
from Frida Springer from Springer Fallak. So this is
19:45
like an aging aging dorian
19:48
matriarch in, one of the biggest German publishing
19:52
houses. A bit like
19:56
often criticized for running the biggest tabloid in Germany, Bild Zeitung, with
20:00
sometimes, problematic business practices.
20:03
And, Dafna also is known
20:08
for modernizing the company, and, he
20:11
is the one who came up with, the idea also
20:15
to invest in Politico. So that is now part of
20:19
that, company. But, he's also being criticized.
20:23
Business Insider. Exactly. And but he's also sometimes
20:27
criticized for, for example, what was leaked
20:30
was, him saying behind the scenes that business wise, it would be
20:34
really great if Trump became president. And so he's
20:38
sometimes also considered to be,
20:42
very conservative and sometimes even, let's
20:46
say, right wing populist, curious business leader.
20:50
However, not all investors are finding it easy. Some BVC
20:55
challenge investors struggle to raise funds. Business
20:58
insider just talked about it reports on the rising challenges faced by
21:02
venture capitalists with many struggling to raise new funds.
21:06
This trend, dubbed some BVC, highlights the increasing
21:09
difficulty in securing capital in the current market
21:13
even for VCs. Finally, a major capital raise in The
21:17
US, Khosla Ventures seeks
21:19
3,500,000,000.0 in fresh capital. It it is
21:23
seeking to raise 3,500,000,000.0 US dollars in
21:27
fresh capital. This significant fundraise effort
21:30
underscores the continued appetite for large scale investments
21:34
in innovative tech companies. This is here because you can
21:38
basically not deploy the money without going a little bit to Europe and
21:41
Germany. That concludes our roundup of the latest VC
21:44
news and fund launches. Let's go a little bit into
21:48
our biotech updates. Gotting start up day highlights
21:52
regional biotech boom. Chris is showing thumbs up because that's
21:55
his area. It's my home region. Yeah. It's a university city that
21:59
is, had has always been strong in medicine and
22:03
now is surprisingly seems to be doing surprisingly well for,
22:07
modernizing itself. Yes. They had a successful startup
22:11
day in Gottingen that has spotlighted the region's
22:14
burgeoning entrepreneurial activity in the biotech sector.
22:18
This event underscores the growing importance of regional hub in
22:22
driving innovation. Transcript provides coverage.
22:26
Moving on to major patent dispute. Moderna wins patent
22:29
battle against BioNTech and Pfizer. They have emerged
22:33
victorious in a patent dispute against BioNTech and Pfizer as
22:37
reported by Antifoul. This ruling could have significant implications
22:41
for the m r a vaccine market and future collaborations.
22:46
Shifting focus to BioNTech financial and development
22:49
updates. BioNTech reports business figures cancer track
22:53
progress. BioNTech has released its latest business
22:57
figures and provided an update on its cancer track development. According
23:00
to SWR, it's a public broadcaster in Germany. The
23:04
company is making strides in its oncology pipeline with significant
23:08
milestones on the horizon. Chris, you wanna say something? No.
23:12
I'm sorry. BioNTech is also targeting
23:16
key approval updates, for CancerTrac in
23:20
2026 as reported by focus dot d e.
23:24
And finally a major discovery in cancer diagnostics Minds Biomate
23:28
announces breakthrough in pancreatic cancer detection in
23:31
collaboration with Liquid Bioscience. They have announced a
23:35
groundbreaking discovery of mRNA biomarkers for blood
23:39
based detection of pancreatic cancer, very aggressive kind
23:43
of cancer. This development could revolutionize early detection of
23:46
this type of cancer. For more in-depth information, listen to our
23:50
interview with Mainz Biomed or look at
23:53
the news coverage. Going from biotech
23:57
to fintech, as
24:01
Chris already highlighted in the highlights, webboy,
24:04
stablecoin market hits record 22,
24:09
226,000,000,000. The stablecoin market has
24:12
reached record high signaling significant growth
24:16
within the cryptocurrency sector. This search underscores the
24:19
increasing adoption of stablecoins as a reliable digital assets.
24:24
BTC Echo provides related market analyzers.
24:28
Moving on to major initiative from the European Central Bank, they
24:32
plan BLT, distributed ledger technology
24:35
transaction settlement with central bank money,
24:39
a new platform. They are planning a new
24:43
platform utilizing Central Bank Money. This initiative aims
24:46
to streamline and secure digital assets digital
24:50
asset transactions within the European financial system,
24:54
Fintech Futures reports on this development. Shifting focus
24:58
to potential IPOs IPO speculations, raising
25:01
IPO buzz fueled by strong internal numbers. Internal
25:05
numbers from Raizen are fueling speculation about a potential
25:08
IPO. This development suggests the fintech company has
25:12
experienced significant growth and may be preparing for public
25:16
offering. Manager Magatine provides the inside scoop. Finally,
25:19
a major shift in the neobank landscape. Vivid Money
25:23
exits neobank raise. Vivid Money has announced its
25:27
exit from the competitive neobank race. The decision marks a significant
25:31
shift in the European fintech landscape. Details
25:35
available at manager market scene. So that means they're going out of the
25:39
retail market into the business market. That concludes our
25:42
fintech news. And I hand over again to Chris. Yes. And
25:46
while we're talking a bit, general news, in this
25:50
general news segment, we cover the latest developments across the
25:54
tech and startup landscapes, also including some of the
25:57
established companies where we think they are and when we think
26:01
they are important. This time, it is about
26:05
legal battles, AI breakthroughs, regional startup spotlights, and
26:08
even robotic innovations. Germany's most valuable
26:12
startup has filed a lawsuit against the software
26:16
giant SAP as reported by Antifa.
26:19
This, legal battle could have significant implications
26:23
for the German tech sector, and, it
26:27
might be interesting to see how Celonis, that being that,
26:31
highest, most valuable startup, is
26:34
actually fighting SAP. The
26:38
lawsuit actually, takes place in San Francisco,
26:42
And, it's
26:45
about fees that SAP is asking for,
26:49
and Salona says this is actually hindering competition.
26:53
Shifting to the forefront of innovation, from, like, the
26:57
backroom fighting to the forefront of innovation, Business Insider has
27:01
highlighted a list of German AI start ups that are making waves in the
27:04
industry, showing that there are companies
27:08
pushing the boundaries of artificial intelligence also
27:11
in Germany. And a look at startup
27:15
communication challenges is provided by Deutsche Startups.
27:20
The website's reports that 73% of startup press
27:23
releases are deemed overly promotional and lacking
27:27
informative informative content. So,
27:30
yeah, we can also only advocate for this because it
27:34
highlights the needs for more balanced communication strategies within
27:38
the start up ecosystem. Highlighting new
27:41
players in the start up scene, Deutsche Start Up has showcased a
27:45
lineup of new start ups, including Admi, Navu, Satellite,
27:49
MobilityDexter, and Mimicry AI.
27:54
Just dropping some of the names here. If you wanna know more, you can have
27:57
a look at Deutsche Startups. And DeepSeek
28:00
GBPR, compliance is under scrutiny. We
28:04
already talked about this in the, highlight section or
28:08
in the previous section. The state data protection authorities are
28:12
reviewing deep seek for GDPR compliance in Germany
28:15
according to Security Insider. Overall,
28:19
definitely an investigation that underscores the importance of data
28:22
privacy in the AI sector, something I think we will talk a
28:26
lot about in months and years to come.
28:31
Deutsch shifting to regional startup spotlights, Deutsche Startups
28:35
has highlighted seven exciting start ups from Munich that are
28:38
making a name for themselves. I won't rattle them here
28:42
because I imagine they are lacking too many vowels
28:45
anyway. Another in their names. Another regional
28:49
startup scene is highlighted in Aachen. Also in,
28:53
Deutsche startups, they have found 11 young companies to know in
28:56
Aachen, a, like, mid sized town in North Rhine
29:00
Westphalia in the West Of Germany. Also
29:03
known for a very good technical university. And
29:07
for being in medieval times the, seed
29:11
of the German not king even, like the German
29:15
Caesar. Charlemagne. There you
29:18
go. Looking at startup hub growth,
29:22
Silicon Canal Canals reports
29:26
on, the significant growth of the Leipzig SpinLab
29:30
startup hub, underscoring the city's emerging status as
29:34
a tech center. So, also, here we see that that's a city in Eastern
29:37
Germany. We see that, really, innovation and innovation
29:41
clusters are happening all over the country right now.
29:44
Look into EdTech, trending topics reports
29:48
that GoStudent has further reduced earnings for its two
29:52
tutors. So we will
29:55
see whether, they will actually be able to
29:59
maintain their roster of tutors online.
30:05
Moving from human help to robotic innovation,
30:09
Machine and Mark reports that the circus robot is
30:13
ready for series manufacturing. They
30:17
hope it's gonna be a significant milestone in robotics technology. You can
30:21
read more about that in the show notes. And finally, a look into drone
30:24
innovations. Wingcopter is expanding its capabilities from
30:28
medical cargo deliveries to surveying missions,
30:31
reports TechEU, and expansion widening
30:35
drones the drones application. And lastly, a robotics
30:39
AI acquisition, Agile robots has
30:42
acquired Odeering according to German,
30:46
business news, paper Handelsblatt. This
30:49
acquisition is a move to improve the AI of the robotics
30:53
company. Back to you. Yes. And
30:57
back to creative destruction. We're covering layoffs, insolvencies,
31:01
and the stark realities faced by some companies. MacMarkler
31:05
announces yet another round of layoffs. They have announced
31:09
another round of layoffs just two month after its previous
31:13
workforce reduction as reported by Business Insider, and we
31:16
already talked about it as well. Moving to a struggle in biotech
31:20
industry, Bluebird Bio Bio seeks acquisition.
31:24
Amidst gene therapy challenges, Bluebird Bio
31:28
facing significant challenges in the gene therapy sector is
31:32
seeking acquisition according to transcript. This development
31:35
underscores the difficulties and high risks associated with
31:39
innovative die biotech ventures. Legal tech
31:42
startups are also facing headwinds. Right now, legal
31:46
tech startup fights for insolvency. Right now a legal tech
31:49
startup has filed for insolvency as reported by Handelsblatt.
31:53
This news highlights the competitive nature of legal tech market
31:57
and challenges startup face in scaling. The insurance market
32:01
the insurance tech market isn't immune as well. Element
32:05
insurance declares insolvency according to efforts at this
32:09
event marks a significant setback for the insurtech sector
32:13
highlighting the risk of this market. Moving from insurance to
32:17
travel freeway camper rental fights also for
32:20
insolvency. The Lilium story continues with
32:24
employee issues. Lilium faces employee issues
32:27
with unpaid salaries and insolvency funds
32:31
including and Lilium is facing
32:35
employee issues including unpaid salaries and problems with
32:38
insolvency funds according to business insider. This adds another
32:42
layer of complexity to the company's existing challenges.
32:46
A radio station is also in facing insolvency.
32:50
Ego FM seeks investors to survive this
32:53
insolvency. A large company closes a recently
32:57
acquired startup, Mars, Yes, the company from the with the
33:01
chocolate bars, ends food spring operations after six
33:05
years. Mars had decided to end food spring
33:08
operations six years after acquiring the Berlin based fitness brand
33:12
for €250,000,000. This decision
33:16
underscores the volatile nature of brand acquisition and market
33:19
strategies. After so much bad news, let's end on a
33:23
high note with Chris. I was so irritated. I was reading up
33:26
about, Foolspring just now. What a, like,
33:30
€250,000,000. It's a lot of money. Anyway,
33:34
we're ending our broadcast with a burst of positive news showcasing
33:38
the resilience and dynamic dynamism of the
33:42
start up scene, because we can see that despite the challenges we are
33:46
talking about, significant funding rounds and strategic acquisitions,
33:50
are demonstrating that investor confidence is still
33:54
there. Market opportunities exist. So let's have a look at some of
33:58
the highlights. Tektai has successfully raised
34:01
€52,000,000 from prominent investors, signaling
34:05
confidence in the company's growth potential.
34:09
And it's a, company it's a tech
34:13
company. Moving to Switzerland,
34:17
Spalter, Swiss yeah, Spalter has secured
34:20
$52,000,000 in a series b funding
34:24
round. Finsmez has
34:28
some details here. Spata
34:31
is a provider of real time intelligence
34:35
for commodity traders. A major
34:39
series a funding is the
34:43
funding round of Unique, which has raised
34:46
$30,000,000, demonstrating investor
34:49
interest in their approach to agentic AI
34:53
workforce technology. Vital has secured €14,200,000,
35:01
in investment. They have a company that
35:05
works on digital reusable packaging solutions,
35:10
and was also on, Diehule Derleuwen, Germany's
35:14
version of Shark Tank. In the
35:17
e mobility market, we are also seeing funding successes.
35:21
Dans, an e mobility startup, has raised
35:24
€12,000,000, highlighting the continued investment in sustain sustainable
35:32
transportation solution. Obviously, they have
35:35
the best name of the whole month with Dan's. It
35:39
was actually also founded by the founders of SoundCloud,
35:43
two of the founders, and it's a,
35:47
mobility subscription service.
35:53
Seed funding is also prevalent. Alpine Eagle
35:56
has secured €10,250,000 in seed
36:02
funding, signaling early stage
36:06
investor confidence in their business. And now let
36:10
yep. And now let's talk a little bit m and a here.
36:14
Now let's shift some key acquisition. Lohmann Rauscher
36:18
acquires teleder teledermatology
36:25
startup. Oh, sorry. Online doctor.
36:28
Lohmann L and R has acquired the teledermatology
36:33
startup, meaning Online Skin Doctor, yes, marking a
36:36
strategic expansion into the digital health sector. MoneyCap
36:40
reports on the acquisition. A Tesla subsidiary makes
36:44
a acquisition. A Tesla
36:47
subsidiary acquires parts of Mans Heutlingen,
36:53
formerly, insolvent company.
36:57
And, they that is an investment in
37:00
advanced manufacturing technology, SWR
37:04
reports. And finally, in acquisition in EdTech space,
37:08
Educated acquires EdTech Pioneer
37:11
Pierce Solution. Educated, one word,
37:15
has acquired Pierce Solution, a pioneer in EdTech AI. This
37:19
move is a strategic consolidation in the education technology
37:23
sector, TechEU reports.
37:28
A lot, a lot. And I learned I should have taken an allergy pill.
37:33
Yeah. Me too. And we do have a lot of stuff that
37:36
didn't make it into the news in, by stay ahead of the
37:40
curve. For example, somebody tracked Jeff Bezos in Westbank's
37:44
twenty twenty five. Agile robots acquire
37:48
Odorin. Kit and IBM, work
37:52
cooperate on generative AI and so on and so forth.
37:56
So there is still a lot. We are always looking for ways to make
38:00
our show better. Please please, leave us feedback in the feedback
38:04
form here. And, of course, you can always talk directly to us.
38:07
There are links to our LinkedIn profile and Twitter
38:11
x profile in the show notes. Chris, it was a
38:15
pleasure working with you as always. Thank you very much. Thank
38:19
you. Have a nice spring, everyone. Bye bye.
38:22
Bye. That's all, folks. Find more news, streams,
38:32
events, and interviews at
38:34
www.startupgrad.io.
38:37
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