Startup News and Tech News from Germany, Austria and Switzerland

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Startup News and Tech News from Germany, Austria and Switzerland

**Startuprad.io™ - Startup and Technology Podcast** Welcome to the ultimate shortcut for staying ahead in the dynamic world of startups and technology with Startuprad.io’s exclusive news podcast. Ranked among the top 20 entrepreneurship podcasts on Apple Podcasts worldwide, our sub-podcast delivers vital updates from the vibrant German, Austrian, and Swiss startup scenes in English only. In just 30 minutes or less, our monthly digest distills the essence of startup news, tech trends, and venture capital developments from Germany, Switzerland, and Austria (GSA or DACH region). We cover everything from groundbreaking venture capital investments to the latest buzz surrounding unicorns and scale-ups in Berlin, Munich, Zurich, and beyond. Our podcast features a diverse range of guests, including Emmy winners, New York Times best-selling authors, Forbes 40 under 40, Capital 40 unter 40, Forbes 30 under 30, influential investors, and game-changing entrepreneurs. We take pride in introducing you to guests you may not know yet but who are set to make a significant impact in the future. Chartable ranks us in the global Top 60 Science, Top 75 Tech, and Top 275 Business podcasts, and Listen Notes places us in the global Top 0.5%. Whether you’re seeking insights on business angels, new technologies, or pivotal startup movements, our podcast empowers you to stay informed and ahead of the curve. 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/ Subscribe here: https://linktr.ee/startupradio Startuprad.io™ - The Authority on GSA Startups. Dive into our curated selection of interviews and discover the partnerships driving growth in the European tech space. Tune in and be inspired by every conversation at Startuprad.io™.

  1. Understanding the AI Act: What Europe’s Groundbreaking AI Regulation Means for Startups and Businesses

    7 NOV

    Understanding the AI Act: What Europe’s Groundbreaking AI Regulation Means for Startups and Businesses

    In this episode of Startuprad.io, host Joe Menninger explores the AI Act, Europe’s first comprehensive regulation on artificial intelligence. With a 2026 deadline, the AI Act is set to reshape how AI technology is built, deployed, and monitored across industries in Europe and beyond. From healthcare to finance, this regulation will change the landscape for AI-driven solutions and presents both challenges and opportunities for businesses, startups, and developers. Joe is joined by Andrew Gamino-Cheong, CTO and Co-Founder of Trustable, a company focused on AI governance. Andrew brings a unique perspective on the AI Act’s implications and provides insights on how companies can prepare for compliance with this groundbreaking regulation. Key Topics Covered: What the AI Act Aims to Achieve The AI Act establishes a risk-based classification for AI systems: Unacceptable, High, Limited, and Minimal. High-risk systems, like real-time biometric scanning, face strict requirements, while minimal-risk applications are largely unregulated. Learn how these categories affect business operations. Transparency and Accountability Standards Discover why transparency is at the core of the AI Act. Businesses must document data sources, maintain audits, and ensure AI models are safe and fair. Joe and Andrew discuss how companies can meet these compliance requirements. Challenges and Responsibilities for AI Developers and Users The AI Act places responsibility on both developers and deployers. Andrew explains practical steps for compliance, including prompt testing, data governance, and regular risk assessments. How Startups Can Benefit from Compliance Compliance can serve as a competitive edge for startups. Andrew shares how responsible AI can enhance brand trust, attract customers, and showcase ethical innovation, positioning startups as leaders in responsible AI development. Comparing the AI Act with US and Global Regulations As the EU leads in AI regulation, other regions are watching closely. Joe and Andrew discuss how the AI Act compares with U.S. state laws and executive orders and what businesses with global ambitions need to consider. Why Listen? If you're in tech, work with AI, or simply want to understand the future of AI governance, this episode is for you. Joe and Andrew provide practical advice for navigating the AI Act, explaining how companies can adopt AI responsibly and remain competitive in this rapidly evolving regulatory environment. Useful Links Full Blog Post on This Episode: https://www.startuprad.io/blog/the-ai-act-how-europe-s-new-regulation-shapes-responsible-ai-development Work with Startuprad.io: https://www.startuprad.io/become-a-partner Subscribe for More Episodes: https://linktr.ee/startupradio Share Your Feedback: https://forms.gle/SrcGUpycu26fvMFE9 Special Offer: Startuprad.io listeners can create two free SEO-optimized blog posts per month with ModernIQs.com! Sign up using this exclusive link: https://moderniqs.com/create-an-account/?res_aff=startupradio (Make sure to subscribe through the link to claim your free posts.) Call to Action Enjoyed the episode? Please follow, rate, and leave a review on Apple Podcasts! Your feedback helps us bring more insights on AI, startups, and tech regulations. Thank you for tuning in!

    35 min
  2. Top GSA Startup News October 2024: New Unicorns, Green Tech, and Major Financial Shifts

    31 OCT

    Top GSA Startup News October 2024: New Unicorns, Green Tech, and Major Financial Shifts

    Welcome to Startuprad.io’s monthly roundup of German, Swiss, and Austrian (GSA) startup news! In this October 2024 episode, we bring you the latest developments that are shaping the startup and tech ecosystem across the DACH region. Join co-hosts Jörn “Joe” Menninger and Chris Fahrenbach as they discuss the top five stories impacting founders, executives, and investors in tech, health, fintech, and green construction. Each segment offers an in-depth look into this month’s biggest news, from emerging unicorns to impactful funding rounds and strategic shifts in sustainable tech. If you’re an entrepreneur, tech investor, or simply passionate about innovation, this episode delivers key insights into the trends driving Europe’s startup future. Episode Highlights: 1. Lilium’s Financial Struggles and eVTOL Innovation In a challenging environment for aerospace startups, Germany’s electric vertical take-off and landing (eVTOL) pioneer, Lilium, faces self-administered bankruptcy as it struggles with funding. Despite setbacks, Lilium continues to champion sustainable aviation. This story sheds light on the high-risk, high-reward landscape of aerospace and clean tech, where funding scarcity can challenge even the most innovative players. 2. Egym and Orderfox Achieve Unicorn Status This month saw two major unicorns emerge from the GSA region: German fitness tech leader Egym and Swiss AI-based procurement firm Orderfox. Egym, with a valuation over $1 billion, is pioneering healthtech, advancing towards an IPO. Meanwhile, Orderfox brings AI-driven efficiency to industrial procurement, demonstrating the commercial potential of AI in transforming traditional sectors. These successes underscore the strength of health and AI innovations in Europe. 3. Gropyus’ €100 Million Funding for Sustainable Housing In Austria, modular construction startup Gropyus raised €100 million to expand its production of eco-friendly, timber-hybrid buildings. By scaling affordable, sustainable housing solutions, Gropyus is addressing Europe’s housing shortages with a tech-driven, environmentally conscious approach. This funding push reinforces the potential of green construction as a solution to urban development challenges. 4. EU Deep Tech Initiative with Venture Capital Partnership To foster Europe’s tech ecosystem, the European Union launched a support network with over 70 venture capital investors. This partnership in the Trusted Investors Network aims to bridge the tech innovation gap between Europe and global leaders, promoting fields like AI, biotech, and sustainable energy. This collaborative approach highlights the EU’s commitment to strengthening deep tech through strategic funding and community-building. 5. SolarisBank’s €178 Million Loss and Restructuring SolarisBank, a prominent German fintech, posted a €178 million loss this month, prompting a restructuring with job cuts and a new focus on profitability. With intense competition and rising costs in fintech, SolarisBank’s experience reflects broader challenges for European fintech companies. Learn how they’re adapting operations to remain competitive in an evolving market. 📍 Useful Links Original Blog Post: https://www.startuprad.io/blog/this-month-in-german-swiss-and-austrian-startups-october-2024 Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9

    22 min
  3. 2024 German Startup Trends: B2B Growth, Sustainability, & Funding Insights | DSM Report Highlights

    17 OCT

    2024 German Startup Trends: B2B Growth, Sustainability, & Funding Insights | DSM Report Highlights

    In this episode of Startuprad.io, Jörn "Joe" Menninger breaks down the 2024 Deutscher Startup Monitor (DSM), revealing the latest trends that are shaping the German startup ecosystem. With insights from one of the most comprehensive surveys on German startups, we explore the key shifts that every founder, investor, and startup enthusiast should know about. B2B Dominance: Nearly 75% of startups in Germany are now focusing on B2B customers, showing a clear shift away from consumer-focused business models. Joe dives into the factors driving this trend, such as the stability of long-term business relationships and the scalability of SaaS and enterprise solutions. Startups like Celonis and Personio are leading the charge, proving that a strong B2B focus is not only profitable but also a key to sustainable growth in today’s market. Sustainability & Green Economy: With nearly 50% of startups identifying as part of the green economy, the emphasis on sustainability has never been stronger. Joe examines how eco-friendly startups are attracting investors who prioritize ESG (Environmental, Social, and Governance) standards. From renewable energy solutions to climate tech, sustainability is more than just a buzzword—it's becoming a fundamental aspect of the German startup ecosystem. Learn what it takes to build a sustainable business model that appeals to both customers and investors. Funding Challenges: In 2024, funding remains one of the most significant hurdles for startups. As interest rates rise and venture capital becomes more difficult to access, 74% of startups are looking for external funding within the next year. Joe provides expert insights into where startups are finding capital, including government funding, business angels, venture debt, and strategic investors. Learn how to best position your startup to secure the funds needed for growth and development. Deep Tech & AI: The rise of deep tech and AI is revolutionizing the German startup landscape. With 11.4% of startups now focused on cutting-edge technologies like quantum computing and artificial intelligence, deep tech is becoming a crucial driver of innovation. Joe highlights how these advancements are impacting key sectors such as MedTech, health care, and energy, positioning Germany as a leader in technological disruption. Regional Startup Hubs: While Berlin and Munich remain dominant as startup hubs, other regions like North Rhine-Westphalia and Hesse are emerging as new centers for innovation. Joe explores why startups are thriving in these regions and how geographic location influences startup success. From tech clusters to investment landscapes, discover what makes these regions attractive to entrepreneurs and investors alike. Employment Trends: Startups are evolving in how they approach employment. The DSM report shows a reduction in headcount among larger startups, while smaller startups are growing. Joe discusses what this means for the startup ecosystem and why team dynamics are critical to a startup's success in today’s competitive market.

    23 min
  4. September 2024 Startup News: Intel Pauses €30B Project, Magic AI Raises $320M, Flink Expands

    3 OCT

    September 2024 Startup News: Intel Pauses €30B Project, Magic AI Raises $320M, Flink Expands

    Welcome to Startuprad.io’s September 2024 Startup News! In this episode, we dive into the latest startup developments in Germany, Austria, and Switzerland, highlighting significant financial moves, industry shifts, and policy changes that are shaping the DACH region’s tech landscape. If you’re an entrepreneur, investor, or tech enthusiast looking to stay updated on the most crucial industry news, this episode is packed with key insights. Key Highlights: Intel Pauses €30 Billion Chip Factory Project One of the biggest tech stories of September is Intel's decision to halt its €30 billion chip factory project in Magdeburg, Germany. Despite a €10 billion investment pledge from the German government, Intel has cited cost-cutting measures and financial struggles as the reasons behind the delay. We analyze the ripple effects this could have on Europe’s semiconductor industry and how it might influence other tech companies in the region. Magic AI Secures $320 Million Led by Eric Schmidt Vienna-based Magic AI has raised a remarkable $320 million in a funding round led by former Google CEO Eric Schmidt, propelling the company into unicorn status with a valuation of around $1.5 billion. Magic AI’s AI-powered developer assistance software aims to revolutionize coding with real-time developer support, much like GitHub’s Autopilot. We discuss how this infusion of capital will allow the company to scale and expand its innovative offerings in the AI landscape. Flink Raises $150 Million for Quick Commerce Expansion Quick commerce is alive and well! Berlin’s quick-commerce startup Flink raised $150 million to expand operations in Germany and the Netherlands. Despite facing sector volatility with its valuation dropping below $1 billion, Flink is making significant moves in its quest for profitability. Backed by investors like BOND and REWE, the company aims to launch new hubs across Europe. We explore what this means for the quick-commerce sector and why Flink's expansion strategy could define its success. Northvolt Faces Financial Troubles Amid Auto Industry Challenges Swedish battery maker Northvolt is grappling with financial hurdles as it faces trouble with major automotive partners like Volkswagen. With plans for new factories in Germany, Sweden, and Canada now uncertain, we explore how Northvolt’s situation could impact Europe’s green energy transition and the startup ecosystem that supports it. Germany’s WIN Initiative: €12 Billion to Boost Startups Germany’s new WIN Initiative is an ambitious plan to revitalize its startup ecosystem with a €12 billion investment by 2030. Backed by Deutsche Bank, Allianz, and KfW, the program aims to support innovation, provide better access to capital, and position Germany as a global leader in venture capital and tech. We break down how this initiative could create a surge of new opportunities for startups and entrepreneurs in Germany. Swiss Startup DePoly Wins 2024 Top 100 Swiss Startup Award Swiss startup DePoly has been named the top startup at the 2024 Top 100 Swiss Startup Awards. Specializing in groundbreaking plastic recycling technology, DePoly is leading Switzerland’s sustainability efforts. We discuss DePoly’s innovative approach and other startups making waves in the region. Useful Links: Subscribe to our Podcast: https://linktr.ee/startupradio Work with Us: https://www.startuprad.io/become-a-partner Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9 Original Blog Post: https://www.startuprad.io/blog/categories/startup-news All rights reserved - Startuprad.io™

    48 min
  5. Summer 2024 Startup News: Major Funding, AI Trends & DACH Region Insights

    2 SEPT

    Summer 2024 Startup News: Major Funding, AI Trends & DACH Region Insights

    Welcome to the Summer 2024 Startup News Wrap-Up from Startuprad.io! In this special Labor Day episode, we cover the most crucial updates from the vibrant startup ecosystems in Germany, Austria, and Switzerland. Whether you’re an entrepreneur, investor, or tech enthusiast, this episode is packed with insights into the latest trends, funding rounds, and ecosystem developments shaping the future of innovation in the DACH region. 💼 New Sponsor Alert: We’re excited to announce our new partner, ModernIQs.com! Did you know an SEO-optimized blog post can generate significantly more traffic than a social media post? Startuprad.io listeners can create two free SEO-optimized blog posts per month in less than a minute. Sign up using the link in the episode notes. Sign up here. 🔍 Episode Highlights: Helsing’s €450M Series C Funding: Munich-based defense AI startup Helsing has soared to a €4.9B valuation with its recent funding. Discover how this positions Helsing as a leader in European security tech and what it means for the future of AI in defense. Lilium’s Strategic Dilemma: Explore the challenges faced by air taxi pioneer Lilium, including uncertainties over state aid that could lead to a sale and relocation. Learn how this could impact air mobility and the German startup scene. Grover’s €50M Funding Amid Market Challenges: Berlin-based tech rental company Grover raised €50M as it navigates economic headwinds. Find out how Grover is pivoting toward sustainable growth and what this means for the tech rental industry. CatalYm & osapiens: We discuss CatalYm’s €150M Series D funding for cancer immunotherapy and osapiens' €110M investment to expand its global ESG platform. These stories highlight the growing investor confidence in Europe’s deep-tech and biotech sectors. ECB’s Digital Euro Progress Report: Get updated on the European Central Bank’s first report on the digital euro, marking a significant step in developing Europe’s central bank digital currency (CBDC). 🇩🇪🇦🇹🇨🇭 Local Startup News: Germany: The AI startup sector in Germany is booming, with a 35% increase in 2024. We explore the opportunities and challenges in this thriving industry. Austria: Vienna-based HR tech startup Speedinvest Heroes (HROs) has filed for bankruptcy, highlighting the challenges in Austria's HR tech sector. Switzerland: Swiss startups raised CHF 1.1B in H1 2024, with biotech leading the charge. Despite a 9.5% decline, early-stage investments in AI and energy are showing strong growth. 🔗 Useful Links: Original Blog Post: https://www.startuprad.io/blog Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9 #Hashtags: #StartupNews #GermanStartups #SwissStartups #AustrianStartups #TechTrends #FundingNews #AIInnovation #DeepTech #VentureCapital #EuropeanStartups

    49 min
  6. Nobel Laureate Steven Chu on the Future of Nuclear Energy and Green Startups

    22 AUG

    Nobel Laureate Steven Chu on the Future of Nuclear Energy and Green Startups

    In this episode of Startuprad.io, we feature Nobel Laureate and former U.S. Secretary of Energy, Professor Steven Chu. With his extensive expertise in physics, energy policy, and innovation, Professor Chu provides invaluable insights into the future of renewable energy, the role of nuclear power, and the rise of green startups. This episode is essential listening for anyone interested in the evolving energy landscape, offering practical advice and forward-thinking ideas on how to navigate the complexities of today’s energy challenges. Why You Should Listen Curious about the future of energy? Want to understand how nuclear power and green startups are transforming the industry? Professor Chu discusses the critical role of Small Modular Reactors (SMRs), the importance of energy storage, and the strategic moves needed for energy independence. This episode is a must-listen for entrepreneurs, investors, and sustainability advocates. Key Topics Covered Nuclear Energy Challenges Professor Chu discusses the financial and logistical difficulties in constructing large nuclear reactors and how these challenges have impacted the industry. He outlines what needs to change for nuclear energy to play a more significant role in the future. Small Modular Reactors (SMRs) Chu advocates for SMRs as a safer, more scalable alternative to traditional nuclear reactors. He explains how mass production of SMRs could drive down costs and enhance safety, potentially revolutionizing the nuclear industry. Nuclear Energy and Global Security In today’s geopolitical climate, energy independence is crucial. Chu explores how nuclear power can reduce dependence on foreign energy sources like Russian gas, contributing to national security and stable energy supplies. Germany’s Nuclear Phase-Out The episode delves into Germany’s decision to phase out nuclear power, examining its potential impact on energy-intensive industries and exploring whether new technologies could support the country's future energy needs. Green Startups: U.S. vs. Europe Chu compares the progress of green startups in the U.S. and Europe, highlighting the success of solar energy in Germany and the challenges faced by U.S. companies, despite recent policy efforts like the Inflation Reduction Act. The Importance of Energy Storage Chu emphasizes the critical role of advanced energy storage technologies as renewable energy sources like solar and wind become more prevalent. He discusses current limitations and potential solutions to support a higher share of renewables in the energy grid. Personal Insights from Steven Chu Chu shares his thoughts on sustainable living, including his considerations for installing solar panels and maintaining an older, fuel-efficient car. These reflections add a relatable dimension to the broader discussion on energy efficiency. Success Strategies for Energy Startups Chu highlights the importance of large investments and strategic partnerships for energy startups. He provides actionable advice on how startups can scale their operations and significantly impact carbon emissions. Why This Episode Matters Packed with expert insights and practical advice, this episode is a treasure trove of information for anyone interested in the future of energy. Whether you're an entrepreneur, investor, or someone passionate about sustainability, Professor Chu’s analysis offers a clear roadmap for achieving a more sustainable future. Call to Action If you found this episode valuable, subscribe to Startuprad.io on Apple Podcasts. Please leave a rating and review to help others discover the show. Share this episode with your network and join the conversation on the future of energy and innovation. Links to be Included: Original Blog Post: https://www.startuprad.io/blog Work with Us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio Give Us Feedback: https://forms.gle/SrcGUpycu26fvMFE9

    31 min
  7. Exclusive Insights: Robert Langer on Biotech Startups & mRNA Tech

    15 AUG

    Exclusive Insights: Robert Langer on Biotech Startups & mRNA Tech

    Welcome to another enlightening episode of Startuprad.io! In this episode, host Joe Menninger interviews Professor Robert S. Langer, a distinguished MIT biotechnologist who has revolutionized modern medicine. Professor Langer, co-founder of Moderna, holds over 1,400 patents and has received more than 220 major awards. Tune in as we dive deep into the biotech industry, exploring the differences between biotech sectors in Europe and the US, the future of mRNA technology, and the essential factors for biotech startup success. Professor Langer emphasizes the significance of great science, intellectual property, and business acumen. He also discusses the critical role of government and private sector partnerships in advancing biotech innovation. Key Points: Biotech landscapes in Europe vs. the US Success factors for biotech startups Future of mRNA technology Government and private sector partnerships Diversity in research and its impact Funding challenges for biotech startups Innovations in drug delivery systems Quotes: "The key to biotech success lies in great science and intellectual property." "Diversity in teams enhances research outcomes significantly." Call to Action: If you enjoyed this episode, please leave a review and share it with your friends and colleagues. Don’t forget to subscribe to our podcast for more inspiring interviews with industry leaders. Join our community and stay ahead of the curve in tech entrepreneurship! Links: Original Blog Post: https://www.startuprad.io/blog Work with us: https://www.startuprad.io/become-a-partner Subscribe: https://linktr.ee/startupradio

    17 min
  8. This Month in German, Swiss, and Austrian (GSA) Startups - June 2024 | Startuprad.io

    27 JUN

    This Month in German, Swiss, and Austrian (GSA) Startups - June 2024 | Startuprad.io

    Summary: Catch up on the latest startup and tech entrepreneurship news from Germany, Austria, and Switzerland in under 30 minutes. Hosted by Chris from New York City and Joe from Frankfurt, we cover crucial updates including Check24's bold marketing campaign, Lilium's funding pursuits, WeFox's internal challenges, and significant investments by Amazon and DeepL. Highlights: Check24's Marketing Blitz: Distributing 5 million free Puma jerseys ahead of the European Championship, sparking online discussions and app downloads despite privacy concerns. Lilium's eVTOL Ambitions: Seeking €300M in government aid to advance the Lilium Jet. WeFox's Valuation Struggles: Internal power struggle could dramatically devalue the insurtech company. Amazon's Infrastructure Investments: An additional €10 billion investment in Germany for cloud data storage and logistics. DeepL's AI Milestone: Now Germany’s most valuable AI startup with a $2 billion valuation. Tech Innovations: Black Semiconductor's €254.4M investment and Cognigy's $100M funding for AI customer service automation. Stay informed on these transformative developments in the DACH region's startup ecosystem. For detailed insights, visit our blog: https://www.startuprad.io/blog

    36 min
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**Startuprad.io™ - Startup and Technology Podcast** Welcome to the ultimate shortcut for staying ahead in the dynamic world of startups and technology with Startuprad.io’s exclusive news podcast. Ranked among the top 20 entrepreneurship podcasts on Apple Podcasts worldwide, our sub-podcast delivers vital updates from the vibrant German, Austrian, and Swiss startup scenes in English only. In just 30 minutes or less, our monthly digest distills the essence of startup news, tech trends, and venture capital developments from Germany, Switzerland, and Austria (GSA or DACH region). We cover everything from groundbreaking venture capital investments to the latest buzz surrounding unicorns and scale-ups in Berlin, Munich, Zurich, and beyond. Our podcast features a diverse range of guests, including Emmy winners, New York Times best-selling authors, Forbes 40 under 40, Capital 40 unter 40, Forbes 30 under 30, influential investors, and game-changing entrepreneurs. We take pride in introducing you to guests you may not know yet but who are set to make a significant impact in the future. Chartable ranks us in the global Top 60 Science, Top 75 Tech, and Top 275 Business podcasts, and Listen Notes places us in the global Top 0.5%. Whether you’re seeking insights on business angels, new technologies, or pivotal startup movements, our podcast empowers you to stay informed and ahead of the curve. 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/ Subscribe here: https://linktr.ee/startupradio Startuprad.io™ - The Authority on GSA Startups. Dive into our curated selection of interviews and discover the partnerships driving growth in the European tech space. Tune in and be inspired by every conversation at Startuprad.io™.

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