Startup, Venture Capital and Tech News from Germany, Austria and Switzerland

Tune into the ultimate shortcut for staying ahead in the dynamic world of startups and technology with Startuprad.io's exclusive news podcast. For investors and startup trailblazers who value time, our monthly digest distills the essence of startup news, tech trends, and venture capital developments from Germany, Switzerland, and Austria. In just 30 minutes or less, we curate the most crucial stories, from groundbreaking venture capital investments to the latest buzz surrounding unicorns and scale-ups in Berlin, Munich, Zurich, and beyond. Our aim? To keep you informed and ahead of the curve, minus the exhaustive scouring of tech blogs and news sites. Whether you're seeking insights on business angels, new technologies, or pivotal startup movements, our podcast delivers the key highlights, empowering you to return to the grind of building your own remarkable company. Subscribe now to streamline your access to vital updates—never miss an episode and seize the competitive edge in the fast-paced world of entrepreneurship and technology. Learn more about us at https://startuprad.io/ | Startuprad.io™ - All rights reserved Subscribe here: https://linktr...

http://www.startuprad.io/

subscribe
share






This Month in German, Swiss, and Austrian (GSA) Startups - March 2024

[transcript]


Welcome to our March 2024 wrap-up with vital news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland in 30 minutes or less ????.

Our startup news is recorded with Chris in New York City and Joe in Frankfurt. Recording date is March 25th 2024 and all news not included will be in our next news to be released on April 25th 2024.

Happy Easter!

Today we publish on Holy Thursday (Gründonnerstag) in Germany. Note that the Friday before and Monday after Easter are public holidays. Many people will take off around the holidays. So don’t expect your calls to be returned promptly during this time.

A Seismic Shift in the Regional Startup Scene

You are witnessing a seismic shift in the GSA startup scene with us here and today. The headlines of our startup news used to be dominated by fintech funding. Now we have more than 7 billion € investments in green startups (battery, renewable energy) vs. “only” around 150 million in fintech funding in different forms. This is surely a foretaste of what’s to come.

Our Highlights:

The European energy landscape is witnessing significant developments with key investments across sectors.

Northvolt’s Gigafactory in Northern Germany, backed by €900 million in subsidies and a €4.5 billion investment, aims to produce 1 million car batteries annually, driving electric vehicle adoption and job creation.

Enpal secured €1.1 billion in refinancing commitments, while Sunfire raised over €500 million, bolstering Europe’s green hydrogen economy.

ENVIRIA secured $200 million in capital from BlackRock, signaling confidence in the solar sector.

Solaris Bank secured €96 million in funding but faced a €6.5 million fine from BaFin, reflecting fintech regulatory challenges.

Magic gained traction with open AI’s and Tesla’s former Andrej Karpathy as investor, and Bitpanda established a €50 million VC fund for blockchain startups. However, the startup community grapples with stress, with nearly half considering quitting, underscoring the toll of rapid innovation.

Let’s talk startups: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-march-2024-a49996ca44f9

Find All Other Channels Here

Find all options to subscribe here: https://linktr.ee/startupradio 


Housekeeping & Time to Brag — Celebrating one Million Downloads in a Quarter!

1 Million confirmed downloads in Q4 2023: https://www.linkedin.com/feed/update/urn:li:activity:7176895440510955520/

Feedback

We would love to hear from YOU!!!

https://forms.gle/mLV6mVKwGwKuut8BA

The Hosts

The news are co-hosted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. And Christian “Chris' ' Fahrenbach, co-founder Startuprad.io, freelance reporter, lecturer, author and blogger . Reach out to them:

Joe on LinkedIn

Joe on Twitter

Chris on LinkedIn

Chris on Twitter


fyyd: Podcast Search Engine
share








 March 28, 2024  29m