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Innehåll tillhandahållet av Johanna Joch and Jörn "Joe" Menninger, Johanna Joch, and Jörn "Joe" Menninger. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Johanna Joch and Jörn "Joe" Menninger, Johanna Joch, and Jörn "Joe" Menninger eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
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This Month in German, Swiss, and Austrian (GSA) Startups - September 2022

25:53
 
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Manage episode 389036411 series 3417667
Innehåll tillhandahållet av Johanna Joch and Jörn "Joe" Menninger, Johanna Joch, and Jörn "Joe" Menninger. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Johanna Joch and Jörn "Joe" Menninger, Johanna Joch, and Jörn "Joe" Menninger eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Our highlights:

Germany is preparing for a potentially rough winter, in many ways. Now Environmental Action Germany (Deutsche Umwelthilfe): Asked Germans not to put up any Christmas lights this season. Startups in GSA keep laying off staff, but also raising significant funds. We have our usually shortened list a bit longer this month, to show that it is not all gloom and doom here. You will also notice that the M&A activity is up, totaling 55 bn US$ in summer 2022 (for all of Europe), and is still going strong.

Let’s talk startups:

Subscribe Here

Find all options to subscribe to our newsletter, podcast, YouTube channel, or listen to our internet radio station here:

The Authority on German, Swiss and Austrian Startups | Linktree

Our Enablers

Invest-in-Hessen

This show was made possible by Hessen Trade and Invest with their brand Invest-in-Hessen. You can learn more about them here (https://www.invest-in-hessen.com/). We also run a dedicated sub-podcast with all interviews and news in cooperation with them. Find it all here:

Tech Startups Germany

Startupraven.com

The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here:

Startup Raven

Blog Post

Find all links, news and show notes here: https://medium.com/@startuprad_io/this-month-in-german-swiss-and-austrian-gsa-startups-september-2022-53339fae6ca7

Top News

Berlin’s Everphone extends Series C to $232M

Everphone started with their first fundraising for Series C in December 2021 and now make an additional closing of 32 mn Euros, which totals — according to PitchBook 232 m US$ Series C for their device-as-a-service model

Crypto Boom is slowing

European crypto app downloads have almost halved from 2021 amongst the biggest drops are Blockchain.com and unicorn Bitpanda.

Sifted writes “Beleaguered Austrian crypto trading platform Bitpanda saw a 65% decrease in app downloads from 563k in H1 2021 to 197k in H1 2022. In June, the company laid off a third of its employees, admitting that it had hired too fast and needed to cut back expenditure amid the crypto market rout.” VCs keep an eye on their investments and the app downloads are a proxy for growth here for them.

Insolvencies hit household names

Yes, they are not startups, but it gives you a great overview of the current environment, also for the startups

  • Automotive supplier Dr. Schneider has to file for insolvency with 4000 people employed there


  • Shoe retailer Ludwig Görtz is a staple in German shopping streets founded in 1875 with their big stores and 1.800 employees, now they have to file for insolvency


  • German toilet paper producer Hakle is a household staple in Germany. Now they have to file for insolvency, due to high costs of raw materials, energy, and transportation


  • Traditional Austrian lighting company Kolarz, founded in 1918, has to file for insolvency


Podcast monetization is getting serious with international involvement

Lots of mergers in...

  continue reading

74 episoder

Artwork
iconDela
 
Manage episode 389036411 series 3417667
Innehåll tillhandahållet av Johanna Joch and Jörn "Joe" Menninger, Johanna Joch, and Jörn "Joe" Menninger. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Johanna Joch and Jörn "Joe" Menninger, Johanna Joch, and Jörn "Joe" Menninger eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.

Our highlights:

Germany is preparing for a potentially rough winter, in many ways. Now Environmental Action Germany (Deutsche Umwelthilfe): Asked Germans not to put up any Christmas lights this season. Startups in GSA keep laying off staff, but also raising significant funds. We have our usually shortened list a bit longer this month, to show that it is not all gloom and doom here. You will also notice that the M&A activity is up, totaling 55 bn US$ in summer 2022 (for all of Europe), and is still going strong.

Let’s talk startups:

Subscribe Here

Find all options to subscribe to our newsletter, podcast, YouTube channel, or listen to our internet radio station here:

The Authority on German, Swiss and Austrian Startups | Linktree

Our Enablers

Invest-in-Hessen

This show was made possible by Hessen Trade and Invest with their brand Invest-in-Hessen. You can learn more about them here (https://www.invest-in-hessen.com/). We also run a dedicated sub-podcast with all interviews and news in cooperation with them. Find it all here:

Tech Startups Germany

Startupraven.com

The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here:

Startup Raven

Blog Post

Find all links, news and show notes here: https://medium.com/@startuprad_io/this-month-in-german-swiss-and-austrian-gsa-startups-september-2022-53339fae6ca7

Top News

Berlin’s Everphone extends Series C to $232M

Everphone started with their first fundraising for Series C in December 2021 and now make an additional closing of 32 mn Euros, which totals — according to PitchBook 232 m US$ Series C for their device-as-a-service model

Crypto Boom is slowing

European crypto app downloads have almost halved from 2021 amongst the biggest drops are Blockchain.com and unicorn Bitpanda.

Sifted writes “Beleaguered Austrian crypto trading platform Bitpanda saw a 65% decrease in app downloads from 563k in H1 2021 to 197k in H1 2022. In June, the company laid off a third of its employees, admitting that it had hired too fast and needed to cut back expenditure amid the crypto market rout.” VCs keep an eye on their investments and the app downloads are a proxy for growth here for them.

Insolvencies hit household names

Yes, they are not startups, but it gives you a great overview of the current environment, also for the startups

  • Automotive supplier Dr. Schneider has to file for insolvency with 4000 people employed there


  • Shoe retailer Ludwig Görtz is a staple in German shopping streets founded in 1875 with their big stores and 1.800 employees, now they have to file for insolvency


  • German toilet paper producer Hakle is a household staple in Germany. Now they have to file for insolvency, due to high costs of raw materials, energy, and transportation


  • Traditional Austrian lighting company Kolarz, founded in 1918, has to file for insolvency


Podcast monetization is getting serious with international involvement

Lots of mergers in...

  continue reading

74 episoder

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