Welcome to our June 2023 wrap-up with vital news from the startup scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂.
We follow our top-down structure in the news.
Welcome to our startup news wrap-up for June 2023 by Startuprad.io with Chris from New York and Joe from Frankfurt. We recorded this news episode on June 27th, 2023. All news not yet included here will be published in our next news episode. Find all links to the quoted news on our Medium blog link below.
Note: We will now go into the summertime: In July and August we will only publish content every other week AND the next startups news will be our summer wrap-up, to be published on September 4th, in the US celebrated as Labor Day.
Our Highlights:
1 Komma 5, a Greentech startup, becomes a unicorn after only 23 months. We are wondering if this is the rise of climate tech startups already? Switzerland has a record funding with Teylor of 275 m €. GetYourGuide shows travel tech is back in favor of VCs with 194 m US$ funding. Germany and Intel agree on subsidies and investments for a new mega chip factory worth more than 30 bn Euros. Fernride, a pioneer of autonomous electric trucks, gets a 30 M US$+ Series A funding.
Let’s talk startups:
Top News
The Rise of Climate Tech Startups Has Begun, So It Seems
Hamburg’s 1KOMMA5° has raised €430 million — and just become a unicorn at just 23 months old
Related: 1KOMMA5 buys danish solar company Viasol
Related: 430 mn debt funding
A Record Funding for Switzerland
Swiss-based SME lending fintech Teylor raises 275 m Euro, gaining Barclays as a new investor. Other investors include M&G Investments …
Traveltech Startups Seem to Be Back
GetYourGuide raises $194 million to fuel curated travel experiences and global expansion
30 bn For a New Chip Factory
Intel, Germany strike record €30B deal for chip mega-factory
Do You Know Fernride?
FERNRIDE a German pioneer of autonomous, electric trucks, raises 31 M USD in Series A funding
Find all Links and Show Notes here
Startups, Venture Capital, Unicorn, New Unicorn, Europe, Germany, Austria, Switzerland, Scaleups, Tech News, Venture Capital News, Startup News,
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This Month in German, Swiss, and Austrian (GSA) Startups - June 2023 | Episode #388