Discover more from Startuprad.io’s Newsletter
Halloween is around, so we look back at October
All news and interviews form last month
The leaves are turning brown and yellow, so October is almost over. Actually, Halloween is just around the corner. Let us look at what Startuprad.io wrote and published during this month.
German Startups on the Rise
Results of the German Startup Monitor 2022 (Deutscher Startup Monitor DSM)
This year’s survey — the 10th — was especially interesting because it allowed researchers to see how the German startup community has changed over time. Note that the data was collected in cooperation with the German startup association and other partners, but the survey itself and the analytics were left to researchers. It seems that despite some major setbacks — which have caused many businesses their hiatus or close entirely-the country still remains an important part of European business culture. This time almost 2.000 startups, as well as 4.800+ founders and close to 35.000 startup employees participated. As always the survey was conducted in the spring of 2022, without knowledge of the current situation (Ukraine, Gas, Heating, Inflation, …). The survey is not representative. It can not be used for rankings and comparing cities.
... learn more in our Blog Post
A look at Embedded Finance
We really want to draw a net and run the API network for all financial document exchange and financial workflows.
Ivan Maryasin, CEO & Co-Founder Monite
Monite is a Berlin-based embedded finance startup, which is already active in the US, UK, and major European economies, despite being at Seed Stage. With their API partners like B2B neobanks, SaaS companies & marketplaces can embed Invoicing, AP Automation, and more in 3–5 weeks. They are looking for next year for their next funding and start to offer contract management.
We really want to make sure, that anyone who wants to offer workflows with financial documents … can integrate it with us.
Ivan Maryasin, CEO & Co-Founder Monite
We don't have enough female guests. Fortunately, we could get Miriam to talk about her green data startup
Berlin-based green startup Trilleco is on a mission to help businesses analyze and manage their environmental impact, with their industrial IoT data platform. The startup’s non-code data platform makes it easy for companies to see how they can reduce their carbon footprint and make positive changes for the environment. Female co-founder Miriam Janke is passionate about helping businesses operate in a more sustainable way and contribute to the goal of limiting global warming. In addition to reducing greenhouse gas emissions, Trilleco is also working towards a circular economy where resources are reused instead of being thrown away. Through its innovative platform, Trilleco is helping businesses make meaningful progress toward a more sustainable future.
This interview is part of our female entrepreneurship track, where Joe is on sick leave to cover for Johanna.
Find all the links and the audio and video podcast in our blog post:
We keep track of the success of our guests
The industrial ai startup Tvarit is focused on optimizing the process of casting metals. This process is abundant for parts in robots, cars, all kinds of machines, and heavy equipment. With their approach they help their clients save up to 18% of their energy bill, increase production quality and lower the wastage of the process. Tvarit has raised almost 3 million in funding since our 2019 interview and is looking for Series A funding. Suhas founded 17 startups prior to Tvarit, with this being startup №18, for which he sees the potential to become a unicorn. We’re excited to see how Tvarit will develop industrial ai further and help factories across the world save money and produce better-quality products.
Find all the links and the audio and video podcast in our blog post.
The month is already over, so it is time to wrap it up
Welcome to This Month in German, Swiss, and Austrian (GSA) Startups in October 2022 by Startuprad.io with Chris from Essen, Germany, and Joe from Frankfurt. We recorded this news episode on Thursday, October 20th, 2022.
As always: All news not yet included here will be published in our next news episode in our regular November wrap-up, which will be published on Thanksgiving (November 24th).
Another one of our former guests gets a Snoop Dog investment. Quick delivery startup Gorillas seems to sell itself to competitor Getir, according to Bloomberg, despite an earlier announcement they are looking for more investments. Gadget rental service Grover adds 270 m € in venture debt, getting it close to 2 billion €. Our former guest Nuri (formerly Bitwala) had to file for insolvency, now investors jump ship and the company is wound down this year. Volocopter is sued by early crowdfunding backers, Home24 has a takeover offer from a brick-and-mortar furniture retailer and BioNTech takes on cancer. Also, Munich-based travel tech Holidu raises 100 m € in a combination of 75 m equity and 25 m debt funding.