Summer Is Over - We Are Back
Discover more from Startuprad.io’s Newsletter
Summer Is Over - We Are Back
Bringing you up to speed again
With this newsletter, we are catching up on what Startuprad.io has published since late July. This includes blog posts, as well as full podcast episodes with audio and video podcasts. We also give our newsletter subscribers an exclusive preview of our upcoming news episode, which will go live on September 5th - wrapping up late July and August's startup news for GSA. You can learn more at the very end of our Newsletter.
You can find all options to subscribe on Linktree to our blog, audio podcast, video podcast, and tune in to our radio station www.startup.radio.
Asvin Provides Cybersecurity for the Internet of Things
Executive Summary
We interview Mirko, CEO of asvin GmbH a cybersecurity startup from Stuttgart, Germany. During the interview, we touch on data leaks in Star Wars, vulnerabilities in IoT, vulnerabilities in supply chains, and even in space (think cube satellites). Asvin provides many tools to uncover and fix these vulnerabilities. Mirko is also a cybersecurity podcaster at Hackwerk, which you can also hear on our internet radio station www.startup.radio.
Starwars fans may remember that death star was destroyed due to a data leak.
Mirko Ross, Founder and CEO ASVIN, Podcaster Hackwerk
Learn more here
BLOG: Neobank Deal Week
We published our blog post on July 15th that Qonto is rumored to be interested in buying Penta. Just 7 days later Penta and Qonto confirmed the deal. Price estimates in the press are at “hundreds of millions”, where it may be fair to assume that the price will be below Penta’s target valuation of 500 m € at the start of their fundraising stated in February 2022, due to the current market conditions.
Learn more here
BLOG: IDnow Raising Funds — Shelving Germany’s Largest Fintech Exit For Now
On March 18th we shared the news, that our former guest IDnow, is in the process of looking for Germany’s largest fintech exit at 1bn Euros (1,1 bn US$ at the time).
As of today, the company reported that they arranged 60 m Euros from BlackRock as a debt facility to continue driving the consolidation in the space in Europe. A debt facility is an available credit, that IDnow could draw on to grow or when they found an acquisition target. We would be surprised if the CEO Andreas Bodczek would not have already initiatives and acquisition targets in mind.
Learn more here
BLOG: Save Now Buy Later Fintech Monkee Raises 1.5 m €
Monkee - Saving. Rewarded. has been a guest in our podcast back in September 2021. The fintech offers Save Now Buy Later (SNBL) via their app. They are special not only since they are from the Austrian region of Tyrol, but also because they are a fintech with more than 80% women as clients.
Learn more here
BLOG: Berlin-based Crypto Bank Nuri (Formerly Known as Bitwala) With 500.000 Clients Has to File for Insolvency
We have kept up with the development of Bitwala (in the meantime rebranded to Nuri) since our interview in April 2020. We have also kept up with their recent troubles, being caught between a rock and a hard place. They have been hit by the funding freeze for privately held companies, the recent crypto crash, AND the Celsius Network insolvency.
Learn more here
Meet byways — The Startup of Sennder’s Former Head of Product — And They Have the US in Sight
Executive Summary
byways is a SaaS tool, which connects warehouses, clients, and logistic companies to order transportation at the time and date needed, like a Calendly for logistics. They already have ASOS, Maersk, and Sennder amongst their clients.
You can imagine our tool as a kind of a calendar app, where the customer can book transportation for a desired date and time.
Alexander Palffy, Co-Founder and MD of BYWAYS
Find all links and show notes on our blog post
Meet Germany’s Effortless All-In-One HR Software Startup Kenjo
Executive Summary
Kenjo is Germany’s rising HR Tech star. They are the main competitor of Personio but are more standardized with a larger potential customer base. Despite being very young, they have already customers across Europe and the US. They count amongst their early investors the co-founders of the unicorns Taxfix and Wefox.
Kenjo is the number one challenger of unicorn Personio
David Padilla, Co-Founder and CEO Kenjo
Find all links and show notes on our blog
Startuprad.io Reaches #18 in iTunes’ Global Entrepreneurship Podcast Charts
We just started to use the analytics service Podder. When we took the first look, we realized that Startuprad.io is on iTunes a Global Top 20 Entrepreneurship and Top 100 Business Podcast.
We are not sure how often we have scored here before, but you can surely understand that we are ecstatic to have reached this massive global Milestone. We would like to thank our audience who made this possible, as well as the visible and non-visible team of Startuprad.io.
Blog Post by our Project: RhineMain.vc
Startups in Greater Frankfurt/Rhine-Main-Area Raised in H1 2022 more Funding Than in All of 2021
Startups in the greater Rhine-Main-Area have raised in H1 2022 more funding, than in all of 2021! So far we have tracked 28 deals worth 470+ m Euros ( ~ 480 m US$, ~460 m CHF). We also found 20 investments over 2020 and 2021 the state of Hessen made as corona aid investments valued at 8,8 m € in companies we classified as startups.
Learn more here
Exclusive Preview of our Summer Wrap-up 2022 - For our Newsletter Subscribers:
We are catching up with the startup news in GSA in July and August 2022. Read the news before everybody else on our Medium blog post here: