Get the Latest GSA Startup News in 5 Minutes | Startuprad.io

Stay on top of the GSA startup scene with this quick-digest resource featuring all the news you need to know in just five minutes or less

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Our Internet Radio Station Surpasses 70.000 Listeners in 30 Days | Startup.Radio

We couldn't be prouder of our progress over the past two years. Starting with only 300 listeners in our first month, we've now exceeded 70,000 monthly listeners to our radio station (as of May 31st - an update to our previous posts)! It's a testament to our dedication to providing top-quality tech news and insights for entrepreneurs and investors worldwide. We've worked tirelessly to grow our reach and build our audience, and we're thrilled to see that our efforts have paid off. As we continue to expand our coverage and dive deeper into the global tech landscape, we're excited to see where the future takes us. Thank you to all our listeners for your continued support and tuning in to our station.

This Month in German, Swiss, and Austrian (GSA) Startups — May 2023 | Episode #385

Our Highlights:

Germany is now officially in a recession, but one with barely any unemployment. Also, we still track many startups going out of business, BUT the overall picture is improving. The German VC and PE Barometer — which captures the mood of many German investors — is showing an uptick. This shows especially in the massive amount of new funds raised; they promise a bright future for startups! We tracked at least 3,4 bn Euros of newly raised funds, which will be invested entirely or partially in startups in Europe and GSA. Look at our medium blog; we have more information on what the investors are looking for and how to pitch them. We also have investments and exits worth at least 5,4 bn Euros and news in this episode, including WeFox, Tier Mobility, Infarm, Blinkist, Bitpanda, Aleph Alpha, Sono Motors, and many more.

Let’s talk startups:

AI Structuring Data from Unstructured Medical Documents | Minds Medical

Executive Summary

In this episode, Joe interviews Lukas, co-founder of Minds Medical, and Ingo, senior partner of SYNPULSE. The story follows the pivot of Minds Medical from a healthcare-focused AI startup serving hospitals to its services for fintech/insurtech companies during the COVID-19 pandemic. They also discuss the challenges of extracting structured data from unstructured medical documents and the potential applications of this technology in the insurance industry. The conversation highlights the joint offering of intelligent document processing for the insurance industry and the acquisition process between the two companies.

When Corona hit, all hospitals stopped picking up the phone. So we had to focus all our energy on the insurance product.
Lukas Naab, Founder Minds Medical

EXCLUSIVE: Buy and Build in eCommerce — Acquiring the Price Dip

Executive Summary

Learn how to acquire competitive advantages in your eCommerce ventures with a buy & build strategy, unlock potential growth, and add new capabilities: In this episode, Joe interviews Peter, the founder of an AI startup called Pythia. Peter discusses his company’s buy-and-build strategy for acquiring e-commerce startups, which involves integrating them into their standardized processes and assigning brand managers or CEOs to oversee them. He also talks about the challenges facing companies in the current market, including rising prices, tighter financing, and more restrictive customers. Peter’s company is looking for profitable e-commerce companies with solid earnings and adjusted earnings, and they plan to continue buying until late 2027, with the goal of reaching €80 million in revenue and €20 million in profit.

There has been a kind of Bermuda triangle created by external forces for e-commerce companies recently. Financing becomes more expensive, inflation increases production prices and consumers are more restrictive with their purchases
Peter Hart — Founder and CEO DIPQ and Pythia

The Seven-Step Approach to Evaluating Startups: A Storytelling Perspective | EU Startups Summit Barcelona

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I invite everyone to sell your value and not your valuation.
Paulina Jänsch — Co-Founding Partner at Leanox Impact Capital

Executive Summary

The Startuprad.io podcast and YouTube blog covers the German-speaking startup scene and in this episode, Joe interviews Paulina Jänsch, co-founding partner at Leanox Impact Capital. Paulina discusses her seven-step approach to evaluating startups and fundraising as storytelling, emphasizing the importance of a financial model that reflects the startup’s value drivers. She also talks about Leanox Impact Capital’s investment criteria, which focus on impact innovation and solving environmental or social problems. The company invests in early-stage startups in Europe, with a focus on industry-agnostic but always impact-driven ventures, and prioritizes investing in female founders and LPs.

Our investment approach is either a hell yes — or a no.
Paulina Jänsch — Co-Founding Partner at Leanox Impact Capital

refurbed is One Step Closer to Becoming Austria’s Next Unicron Startup | EU Startups Summit Barcelona

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I was working in a startup in Shanghai, so I had my first real startup job in China.
Kilian Kaminski, Founder refurbed

Executive Summary

Learn about how refurbed, an innovative startup, could be the next Austrian unicorn. Learn more about their goal of providing pre-owned gadgets & tech at reasonable prices! Refurbed originally started as a marketplace where large companies can sell their refurbished electronics so that they don’t need to throw them away, think laptops and cell phones that are replaced. Now they offer a much wider range of products, from hand-picked refurbishers. Learn more in our interview.

Our goal is to be everywhere in Europe, as a mid-term strategy. Maybe also global in the future.
Kilian Kaminski, Founder refurbed

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