DACH Startup Trends You Can't Ignore in May 2025

Startuprad.io

Startups in the DACH region are heating up — from AI unicorns to VC mega-funds. In this monthly startup news roundup, we unpack the most important trends in Germany, Austria, and Switzerland’s tech ecosystem.  Learn how Parloa became Germany’s second unicorn of the year, how Quantum Systems secured €160M to dominate aerial AI, and how the EIB’s €70B initiative is reshaping venture capital in Europe. We also dive into Lyft’s FreeNow acquisition, biotech patent wars, the MiCA crypto license, and regulatory risks like the EU Data Act.  If you’re a startup founder, VC, or scaleup operator, this is your monthly must-watch.  🎙️ Hosted by:Jörn “Joe” Menninger – Founder & Host of Startuprad.ioChristian “Chris” Fahrenbach – Journalist & Co-Host  🔑 Key Takeaways:  What Parloa’s unicorn status reveals about AI-native SaaS  How Europe’s biggest VC fund is changing startup investment  Why fintechs like Vivid are chasing MiCA compliance  Top DACH soonicorns to watch in 2025  📱 Subscribe to the Podcast: Spotify: https://open.spotify.com/show/3etgUOz5KWKycYHsvQv1yG  Apple Podcasts: https://podcasts.apple.com/us/podcast/startuprad-io-europes-voice-on-startups-vc-innovation/id967788304   🚨 Sponsored by Tide  👉 Struggling with small biz finances? Tide’s free account + up to €400 cashback makes it a no-brainer: tide.co/Podcastsde – use code STARTUPRADIO  🔗 Dive Deeper and Be Ahead Of The Curve! • DACH Startup Ecosystem 2025: The Ultimate Hub https://www.startuprad.io/post/dach-startup-ecosystem-2025-the-ultimate-hub  • This Month in DACH Startups: May 2025 Startup News Wrap-Uphttps://www.startuprad.io/post/dach-startup-news-may-2025-unicorns-m-a-and-vc-surge • Top AI Startups in the DACH Region in 2025 https://www.startuprad.io/post/top-ai-startups-in-the-dach-region-in-2025 • 🚦German Venture Capital in Q1 2025: Dealflow Quality Rises Amid Exit Anxiety and Fundraising Chill https://www.startuprad.io/post/german-venture-capital-in-q1-2025-dealflow-quality-rises-amid-exit-anxiety-and-fundraising-chill • This Month in DACH Startups: April 2025 Startup News Wrap-Up https://www.startuprad.io/post/this-month-in-dach-startups-april-2025-startup-news-wrap-up • Germany Startup Policy 2025: Strategies for Founders & Investors https://www.startuprad.io/post/startup-financing-in-2025-strategies-for-founders-investors • DACH Unicorn Tracker 2025: Trends, Funding, and Opportunities https://www.startuprad.io/post/dach-unicorn-tracker-2025-trends-funding-and-opportunities-startuprad-io • MiCA Explained: Understanding Regulation for Crypto Assets and Services in the EU https://www.startuprad.io/post/mica-explained-understanding-regulation-for-crypto-assets-and-services-in-the-eu • What the MiCA License Means for Crypto Startups in Europe https://www.startuprad.io/post/what-the-mica-license-means-for-crypto-startups-in-europe • How Startups Are Navigating the EU Data Act in 2025 https://www.startuprad.io/post/how-startups-are-navigating-the-eu-data-act-in-2025

Transcript

00:00Welcome to StartupRed.io, your podcast and YouTube blog covering the German startup scene

00:13with news, interviews, and live events.

00:19Welcome to this month in German, Swiss, and Austrian startups May 2025.

00:25Welcome to our regular startup news from the German-speaking tech and entrepreneurship scenes in Germany, Austria, and Switzerland.

00:34Our startup news is recorded with Chris. Hey, how are you doing, man?

00:38Yeah, happy Memorial Day. Summer is kicking off, not weather-wise yet, but otherwise, everyone here in New York is very ready.

00:46As we said, you are in New York. I'm joining from Frankfurt.

00:49Today's news cut is the 23rd of May due to our travels.

00:54As always, all news not yet included will be included in our next news wrap-up,

01:00published before Independence Day for our American audience, July 3rd.

01:05The next news wrap-up after this will be after the summer break on September 1st,

01:11with the wrap-up of everything that was going on in July and August.

01:15We needed to cut our news seriously again, so we have a brief news overview here for you.

01:22We'll have news pieces on our blog that we did not cover.

01:26Otherwise, the news would stretch way too long.

01:29This time, we went through almost 400 pieces for new.

01:32A little disclaimer here. I got up this morning.

01:34I was so tired, mostly due to travel.

01:37I was not forming complete sentences in my mother tongue.

01:40Now it's past 9 p.m., 21 o'clock, and we're just recording this, so please cut me some slack here, okay?

01:47Let's go into our highlights.

01:51May 2025 delivered another high-octane month in the German-Swiss and Austrian startup ecosystem,

01:57with breakthrough funding rounds, transformational M&A activities,

02:02and new unicorns reshaping the European innovation landscape.

02:07Berlin-paced Paloa reached unicorn status after securing 120 million in CERC funding,

02:13cementing its position as leader in agentic AI-powered customer service, meaning AI agents for customer service.

02:26This is the second unicorn coined in Germany in 2025.

02:29Meanwhile, Munich's Quantum Systems raised 160 million euros to expand its AI drone platform,

02:38pushing closer to aerial intelligence dominance in Europe,

02:42in another major shake-up of the mobility tech sector.

02:46U.S.-based ride-hailing app Lyft acquired free now for 175 million euros,

02:53signalling aggressive ride-hailing expansion in Germany, France, and Spain.

03:00On the legal front, CureVac scored a partial victory in its high-profile MRNA battle with BioNTech,

03:09a development that could redefine biotech IP strategy across the European Union.

03:14Talking about the European Union here,

03:16they made headlines with 1.3 billion euro investment push into generative AI and cybersecurity infrastructure,

03:24and the European Investment Bank, EIB, committed a staggering 70 billion,

03:30yes, billion would be, push in fresh startup capital through 2027,

03:35both moves to close the transatlantic funding gap.

03:38On the home front, Austria launched a 1 billion fund-of-fund to boost domestic venture capital deployment,

03:45and Germany posted a modest GDP growth and an uptick in the IFO Business Climate Index,

03:52signalling cautious economic recovery.

03:55Across sectors, standard moments, including Climework's workforce cut amid climate tech recalibration,

04:02new cynicons like Vivid and ESA Aerospace and major acquisition from Knoz's 15 million Web3 buyout in Asia

04:10to fiscally consolidating play in Germany's fiscal tech to commode strategic sale in the digital navigation space.

04:18Startup Radio continues to deliver exclusive startup news,

04:22founder stories, and VC insights from the DACH region,

04:25making this the number one startup podcast for decision makers in the European tech and innovation ecosystem.

04:31On a little bit more informal note,

04:35the day of publication is celebrated as a session of Christ on May 29th, 2025.

04:41It's also Father's Day here in Germany, so happy Father's Day to all fathers out there.

04:48Chris likes it.

04:49If you travel to Germany or do business,

04:51we still have some upcoming holidays, Corpus Christi on June 19th,

04:55so you should not expect most people to be back at the following Friday,

05:00and there is also a Monday of Whit Monday on June 6th,

05:05so plan accordingly.

05:07Give us feedback.

05:09Let us know who you are and what you do.

05:11Give us feedback on what we do and what we could do better.

05:16Happy to hear from each and every one of you guys down here.

05:20There's a link to Google Forms.

05:21We are also introducing the Founders Vault.

05:25We are thrilled to introduce the Founders Vault,

05:28a brand new premium series from Startup Radio,

05:31soon live on Substack and or YouTube.

05:34This curated format gives you insider access to deep dive conversations

05:38with exceptional startup founders across Germany, Austria and Switzerland,

05:43from stealth stage visionaries to Series A rocket ships.

05:47Each brief episode reveals raw lessons, pivotal founder decisions

05:52and behind-the-scenes strategies that really make it into the public.

05:56If you want actionable insights, we see ready storytelling

05:59and the authentic voice of the DACH innovation.

06:02This is a must listen.

06:03We link down here, the Substack and our YouTube channel.

06:08This series is part of Entrepreneurial Worlds,

06:10where premium listeners and subscribers get early access,

06:14exclusive jobs and full founder breakdowns you won't find anywhere else.

06:19As I said, audio and video will go live on May 29th.

06:23Now a short message from our enablers and then I'll hand over to Chris to the top news.

06:28Okay, to kick us off with the top news of this month,

06:31let's start with good news coming from Parloa.

06:34It's a Berlin-based company that became Germany's second unicorn of 2025.

06:39They ascended to the unicorn status following a $120 million Series C funding round

06:45led by durable capital partners, Altimeter Capital and General Catalyst.

06:51The company specializes in agentic AI for customer service,

06:55offering an AI management platform for enterprise contact centers.

07:00They are enabling the deployment of autonomous AI agents,

07:05which they claim are capable of handling complex customer interaction

07:08across various channels, including phone chat and messaging apps.

07:12This funding round now underscores the growing demand,

07:15obviously for AI native enterprise tools,

07:17since it's the big trend everywhere.

07:20And Parloa seems to be well positioned to be a leader

07:22in that transformation of customer service.

07:24Lyft, the Uber competitor, acquires FreeNow for €175 million,

07:32strategic move to broaden the global footprint of the company

07:36that I think has always been a bit in the shadow of Uber.

07:42And FreeNow is a European ride-hailing platform.

07:47€175 million is the buying price.

07:50I already said that.

07:51It marks Lyft's first major expansion outside North America.

07:54Granting them access to over 150 cities across nine European countries,

07:59including places like London, Paris and Berlin.

08:03FreeNow was originally a joint venture between BMW and Mercedes-Benz

08:07that had written a lot of headlines in the German market

08:10because the luxury car brand competitors

08:13actually work together on the future of mobility.

08:17They have a strong presence in the traditional taxi sector in those countries

08:22and make 90% of their bookings there.

08:25So we will see how FreeNow's integration actually enhances Lyft's competitiveness

08:32against Uber and maybe Bolt in the European market.

08:35It's an interesting development, I guess.

08:39Quantum Systems in Munich has raised €160 million in funding

08:44to advance their AI-powered drone technology.

08:47The investment round was led by Balderton Capital

08:50with participation from Airbus Defence and Space

08:53and other strategic partners.

08:56And it aims at scaling the company's production capabilities

09:00and expand its international presence.

09:04Quantum Systems is, in general, a company that specializes

09:07in developing dual-use unmanned aerial systems

09:11that also claims to integrate AI, edge computing,

09:16and autonomous flight capabilities for applications in defense,

09:21infrastructure monitoring, environmental surveillance, etc.

09:24And with that money, if Quantum Systems becomes a key player

09:28in that growing market, we will see where that goes

09:32from Bavaria into the world.

09:34But CureVac, it's a company based in Tübingen in Baden-Württemberg,

09:41a pharmaceutical company, has reported a partial victory

09:44in its ongoing patent litigation against BioNTech

09:48concerning the mRNA technology that is being used in COVID-19 vaccines.

09:54The European Patent Office has upheld certain claims

09:57of CureVac patents, CureVax patents,

10:00potentially impacting the intellectual property landscape for mRNA,

10:04mRNA-based therapeutics in Europe, which will also be important

10:08because they are hoping that mRNA vaccines and medicine

10:13will also be used in the fight against cancer.

10:16So legal proceedings here might still continue,

10:19but the development signifies a noteworthy moment

10:21in the protection and commercialization of biotech innovation

10:25within the DACH region.

10:28And then we have Manager Magazin honoring the top 100 women

10:33in German business.

10:34Manager Magazin being the biggest monthly business magazine in Germany

10:40and together with the Boston Consulting Group,

10:43they have released their annual list of the 100 most influential women

10:46in German business, celebrating leaders across various industries.

10:51and Prima Interpares has been named Renate Wagner.

11:01She's a board member of Allianz Insurance

11:04for her exemplary leadership in Impact.

11:08So, yeah, I think it's good that we talk about recognizing

11:14the importance of diversity and inclusion in German business

11:19since all the DEI discussion actually seems to be a bit more

11:24on the taking a step back.

11:26That's it with the top news.

11:29Time for some housekeeping and bragging,

11:31and I'll give it back to you.

11:33Awesome. Thank you, Chris.

11:35I have three articles here

11:37because nobody will tell this about us,

11:41so we tell it ourselves.

11:42At one point, I was just getting a daily email

11:46with all the podcast charts achievements of StartupRate.io.

11:51I was wondering, huh, nobody talks about that,

11:53so let's write about that.

11:54At the time, we were in over 20 countries

11:58in the podcast charts, including, of course,

12:00Germany, Austria, and Switzerland.

12:02But also, I just checked at the day of the recording

12:06of this year on the 25th of May,

12:08we are in 23 countries in the podcast charts.

12:12Also, we got ranked pretty good in the top 50 globally

12:17across multiple podcast categories,

12:20including business news and technology

12:23by a million podcasts.

12:24We have the link down here.

12:26Plus, we are also in the top 50 management podcast,

12:32top 50 business news,

12:34and top 100 technology news podcasts

12:36on GoodPots in addition to our podcast rankings.

12:39And the influential newsletter podcast today

12:42had us ranked as number one.

12:45Awesome.

12:46Chris, you want to do the ecosystem for Germany

12:51and I do a little bit high-level flying here, right?

12:54Let's talk ecosystem, guys.

12:57Europe.

12:57The European Investment Bank launches

13:0070 billion startup funding initiative.

13:03They announced a new initiative to provide 70 billion

13:06in startup funding by 2027.

13:08This move aims to bridge Europe's investment gap

13:12with the United States sources, Silicon Canals.

13:15The EU also will invest 1.3 billion

13:18in generative AI and cybersecurity projects.

13:22And news a little bit between both.

13:25German companies are unprepared for EU Data Act

13:29is a statement by Bitkom, the trade association.

13:33They had a survey that reveals

13:35that many German companies are unprepared

13:38for EU Data Act, which will come into force

13:42on September 12, 2025.

13:46The act regulates access to user-generated data

13:49aiming to boost Europe's data economy.

13:53We also do have news from Austria.

13:56The Austrian government plans 1 billion funder fund

13:58for startups.

13:59For startups, Austria will launch a 1 billion funder funds

14:03to stipulate VC investments

14:05and support innovation-led startups and spin-offs.

14:10The public-private initiative is expected

14:12to bolster Austria's competitiveness.

14:15Chris, I hand it over to you.

14:17Yeah.

14:18And when we're looking at the German ecosystem this month,

14:21I think it's really an interesting

14:24and rather complex impression that we're getting

14:27because we are always talking here

14:29about the EFU Business Climate Index,

14:30which is a poll among German companies

14:35about how they are thinking

14:36that business is going to develop.

14:39Right now, obviously, everything is very heavily influenced

14:42by what's going on with the American tariffs

14:44and with President Trump.

14:46But we see that the German EFU Business Climate Index

14:50actually increased in April, in May,

14:53from 86.9 to 87.5 points,

14:59signaling a cautious rebound, one could say,

15:02in the economic sentiment.

15:06And, yeah, it's actually one of,

15:10and it's actually an improvement,

15:12the fourth or fifth improvement in a row.

15:15So that is very interesting.

15:18Nevertheless, we also,

15:20and that is like the contradictory information about it,

15:23we also get numbers that the German economy

15:26might have grown by 0.4% in the first quarter,

15:31twice the initial estimate.

15:33But we also had a consultant group

15:38of the German government called die Wirtschaftswaisen.

15:40So like the, how do you say this?

15:43The saviors, saviors of the economy.

15:46The council of economic wise men,

15:49maybe a literal translation.

15:51Yeah, of economic wise men, yeah.

15:53The economic savants,

15:55which also include women, fortunately.

15:59So they actually said that

16:02their expectation for 2025 is actually 0.0%.

16:06So it's complete stagnation,

16:08which caused rather troublesome coverage in Germany.

16:17And last but not least from the ecosystem,

16:20the D-Hub report,

16:23Startup Gründerin Ostdeutsch,

16:26meaning startup founder, female founder,

16:30East German,

16:31indicates that female founders in Eastern Germany

16:34face dual disadvantages.

16:36They face structural weaknesses

16:38in accessing venture capital

16:39and a general gender investment gap,

16:41but they are more successful in Eastern Germany.

16:44So yeah, that I think was an interesting report

16:48for us to look into

16:49if you want to get a more in-depth perspective

16:53on startups in those five German states.

16:59Moving on to general news,

17:01tech news, company news,

17:03and our section about VC news and new funds,

17:07in case any one of you is looking for money.

17:09As always, a reminder,

17:11this is only a small selection,

17:13but let me rattle off some of the new funds

17:15that we were learning about the last month.

17:18Berlin-based VC firm Luna Ventures

17:20has launched its second fund,

17:23raising 50 million euros

17:24to invest in pre-seed deep tech startups,

17:27a fund aiming to support technical founders

17:29solving essential problems

17:31with their headquarters in Berlin.

17:35Adam Street Partners raised 270 million euros

17:38for a new fund targeting next generation healthcare

17:40and tech companies across Europe

17:42from early stage to growth investments,

17:45their headquarters in Chicago.

17:47Bosch Ventures,

17:49Bosch, the automotive supplier

17:51that is also in household items,

17:53has committed 270 million euros

17:55to American deep tech startups,

17:58including AI and quantum computing firms

18:00to enhance global innovation access.

18:02They are based in Stuttgart.

18:05Insight Partners showcased

18:06its 2025 German portfolio,

18:09including B2B software as a service,

18:11e-commerce, and fintech startups,

18:13backed by its scale-up expertise

18:14by deutsche startups.

18:16And Final Frontier launches

18:20a new AI-powered defense tech fund,

18:24backed by former NATO Secretary Anders Falk Rasmussen.

18:27The fund focuses on dual-use AI innovations

18:30in aerospace security and national defense.

18:35That's it for the VC news.

18:37Green tech news.

18:39Swiss carbon capture company Climeworks

18:41is cutting over 10% of its workforce

18:44due to underperformance

18:45at its direct air capture plans.

18:48They have a flagship mammoth plant in Iceland,

18:51which just captured 750 tons of CO carbon dioxide

18:57versus a 36,000-ton target.

19:02So it's a bit troubling.

19:06And I mean,

19:07it's an always ongoing discussion

19:08in the climate field,

19:11whether technological advances in the field,

19:16sorry,

19:16whether technological advances in the field

19:19will be able to keep up with the speed

19:22in which we are destroying the earth.

19:26And in terms of AI news,

19:28we were already talking about

19:30Paul Loa being a unicorn.

19:32Biotech news,

19:33we already talked about CureVac,

19:34but that brings us to fintech news.

19:36And there you have some more stuff going on.

19:41Yes,

19:41we already talked about in our April news

19:43that they have been trading disruptions.

19:46BaFin,

19:47the German financial watchdog,

19:49warns banks and brokers

19:51after April trading disruption.

19:53Germany's financial regulator,

19:55BaFin,

19:55has issued warnings to banks and brokers

19:57following significant trading disruptions.

20:00In April,

20:01the regulator emphasized

20:02the need for robust systems

20:05to ensure market stability

20:07and protect investors.

20:09Trade Republic also faces criticism

20:12over customer service issues.

20:15They are under scrutiny

20:16due to customer complaints

20:18about prolonged account issues

20:21and inadequate support.

20:25One user reported being locked out

20:27of the account for seven weeks

20:29without resolution.

20:31Seven weeks is quite long.

20:32And our never-ending story,

20:34wirecard scandal.

20:35Right now,

20:36Commerce Bank and EY

20:37clash over the wirecard scandal.

20:40They're in a legal dispute

20:42and a bank,

20:43Commerce Bank,

20:44seeks compensation for damages

20:46incurred due to EY's

20:49alleged audit failures.

20:52Vivid,

20:52a new bank,

20:53they receive a Mika license

20:55to expand regulated crypto services

20:58in the EU.

20:59They're based in Berlin

21:00and they get a Mika,

21:02Markets and Crypto Assets License,

21:04allowing it to offer

21:05fully regulated crypto products

21:07in Germany,

21:08France,

21:08and beyond

21:09from July 2025 on.

21:12Let's go a little bit

21:13into the general news.

21:15Votocoppler delays passenger flights

21:17due to certification issue.

21:21Feinpreneur highlights

21:22importance of micro-founders

21:24in Germany.

21:25And JetSea completes

21:27first commercial drone delivery

21:29in Germany,

21:30a Swiss drone logistics startup.

21:32They have concluded

21:33Germany's first approved

21:35commercial drone delivery.

21:37GoStudent,

21:38you remember the Austrian unicorn

21:40that was

21:42EdTech,

21:44which was pretty good,

21:45pretty big

21:46in online tutoring

21:47and still is.

21:49They now also launch

21:50an offline franchise model.

21:52Aurora Tech

21:54and Spire Global

21:55launch a satellite

21:56constellation

21:57for wildfire monitoring

21:59and,

21:59how to pronounce this,

22:02MSFin

22:04recovers

22:08$5 million in losses

22:09from illegal

22:10online gambling.

22:11The Vienna-based

22:12startup

22:13M&S Process

22:14Finanzierung,

22:15MSFin,

22:16has developed

22:17a unique

22:18business model

22:19specializing

22:20and reclaiming losses

22:21from illegal

22:22online gambling.

22:24In Austria,

22:24where gambling

22:25is a state monopoly,

22:26many international

22:27providers operate

22:28without valid licenses.

22:30MSFin

22:31assists players

22:32in legal

22:33recovering their losses

22:35from such platforms.

22:37And then we do have

22:3810 SUNY cores

22:39to watch in 2025.

22:41Vivid,

22:42we just talked about them.

22:43ESA Aerospace,

22:44we talked a lot about them

22:46in the future.

22:47The Exploration Company.

22:48Billy,

22:49where we do have

22:50an interview

22:50with one of the founders.

22:52Moonfair,

22:53we talked about them.

22:54H2 Mobility,

22:55Hydrogen Fueling Infrastructure.

22:58And FIN,

22:59the car subscription service,

23:01where we also

23:02do have

23:03an interview.

23:05The

23:06Buwock

23:07Commission's

23:08Group years

23:08for Major Berlin

23:10Housing Project.

23:11The development

23:11will feature

23:12158

23:13residential unis

23:15across

23:15nine buildings.

23:16and the

23:17Women's Startup Award

23:182025

23:19empowers

23:19female founders

23:20in Vavaria.

23:22It's by

23:23Unternehmer

23:23Tum.

23:24They offer

23:25the Startup Award

23:26office mentorships,

23:27exposure,

23:28and €1,000

23:29in prize money

23:30to promising

23:31female tech

23:32entrepreneurs.

23:34Winners also

23:34receive access

23:35to major

23:36conferences

23:36like Slush

23:37and DLD.

23:39Chris,

23:40usually you are

23:41a good news guy,

23:42but you want to

23:42take on the bad news

23:43today as well?

23:44Yes,

23:45let's do it.

23:46So,

23:47let's talk about

23:48the creative

23:49destruction part

23:50of our

23:51podcast today.

23:53So,

23:53what probably

23:54didn't go so well

23:55in the last couple

23:55of weeks

23:56in the German,

23:57Swiss,

23:58and Austrian

23:59entrepreneurship world,

24:00we,

24:01for example,

24:02saw that

24:02German biotech

24:03firm Medellin

24:04has filed

24:05for insolvency

24:06following failed

24:06partnerships

24:07and drying

24:08capital.

24:10Basically,

24:11a decision

24:11that underscores

24:12the ongoing

24:13turbulence

24:14in the European

24:14biotech

24:15funding landscape.

24:17Same goes

24:17for the

24:18health tech

24:19startup

24:19Dr. Lee,

24:20which was once

24:21hailed as

24:22the future

24:22of digital

24:23patient management.

24:24They have

24:25filed for

24:25insolvency

24:26amid financial

24:27pressures

24:27and slow

24:28adoption

24:28in the

24:28German

24:29healthcare

24:29system.

24:30I guess,

24:31in general,

24:32a market

24:32that is

24:33very slow

24:34and not

24:35very great

24:36at adopting

24:36change.

24:38German

24:38battery

24:38innovator

24:39CustomSelt,

24:40known for

24:40supplying

24:41electric

24:41aviation

24:42projects,

24:43has filed

24:43for

24:44insolvency

24:44amid

24:44financial

24:45pressures

24:46in the

24:46sector.

24:47They

24:47were

24:48based

24:48in a

24:49more

24:49rural

24:49part

24:49of

24:49the

24:50country

24:50in

24:50Itzehoe

24:51in

24:51Germany

24:52and

24:53Hamburg

24:53based

24:54Goya

24:54with

24:55double A

24:55a platform

24:56for

24:56creative

24:56professionals

24:57is

24:57seizing

24:58operations

24:58due to

24:59a lack

24:59of

24:59sustainable

25:00growth

25:00in a

25:01tough

25:01macro

25:02environment.

25:03But

25:04let's

25:05end

25:05on a

25:05high

25:06note

25:06or

25:06on

25:06several

25:07high

25:07notes

25:07as

25:07always.

25:08Here

25:09are

25:09a

25:09couple

25:09of

25:09successful

25:10fundraisings

25:11and exits.

25:13As always,

25:14this is just

25:14a small

25:15selection

25:15showing how

25:18resilient

25:18the market

25:19and the

25:20startup

25:20scene

25:20still is.

25:21We

25:22included

25:23several

25:23selected

25:24fundraisings

25:25above

25:2510 million

25:25euros,

25:26Swiss

25:26francs

25:27or

25:27US

25:27dollars.

25:28Let's

25:28go.

25:29Swiss

25:29startup

25:30Repronovo

25:31has secured

25:3265

25:33million

25:33dollars

25:34in a

25:34series

25:34A

25:34funding

25:35to

25:36advance

25:36their

25:37reproductive

25:37medicine

25:38platform

25:38into

25:39phase

25:39two

25:39clinical

25:40trials.

25:41They

25:41are,

25:42for

25:42example,

25:42working

25:42in

25:43fertility

25:43care

25:43through

25:44data

25:44driven

25:44treatment

25:45personalization.

25:47Haya

25:47Therapeutics,

25:49also in

25:50Switzerland,

25:50based in

25:51Lausanne,

25:52is a

25:52biotech

25:52company

25:52that also

25:53secured

25:5465

25:54million

25:55dollars

25:57in a

25:58series

25:58A to

25:59expand

25:59their

25:59pipeline

26:00of

26:00non-coding

26:01RNA-based

26:02therapies

26:02for

26:02cardiac

26:03fibrosis.

26:04They

26:05want to

26:05tackle

26:06medical

26:06needs

26:06in

26:07the

26:07cardiovascular

26:07care.

26:09Dalma,

26:10a

26:10French

26:11German

26:11pet

26:11insurance

26:12and

26:12wellness

26:13platform.

26:14I

26:14don't

26:14know

26:14if

26:14it's

26:14wellness

26:15for

26:15the

26:15pet

26:15owners

26:16or

26:16for

26:16the

26:16pets,

26:16but

26:17they

26:17have

26:18secured

26:1820

26:19million

26:20euros

26:20in

26:20funding

26:21to

26:21expand

26:21their

26:22tech

26:22stack

26:23and

26:23the

26:23European

26:24presence,

26:25tapping

26:25into

26:25the

26:25growing

26:26pet

26:26care

26:26economy

26:27with

26:27AI

26:28enhanced

26:28services.

26:29So all

26:31the

26:31words

26:31there

26:31to

26:32dogs,

26:33AI,

26:35wellness,

26:35it's all

26:36there.

26:36Munich-based

26:37Remberg

26:38secured

26:3815 million

26:39euros in

26:39a Series

26:40A-plus

26:41funding to

26:41expand its

26:42AI-powered

26:42maintenance

26:43and asset

26:43operations

26:44software

26:44across

26:45Europe.

26:46Berlin's

26:47Seven

26:47Learning

26:47secured

26:4810 million

26:49euros to

26:49expand their

26:50AI-powered

26:51dynamic

26:52pricing

26:52solution to

26:53US

26:53retailers.

26:55And on

26:56March

26:5625th,

26:56German

26:57tech

26:57startup

26:57NECT

26:58secured

27:002.5

27:00million

27:01euros

27:01from

27:02round

27:02to

27:02capital.

27:04The

27:04revenue-based

27:05financing

27:05model allows

27:06NECT to

27:06drive their

27:07market

27:07expansion

27:07while

27:08retaining

27:08control

27:09over

27:09business

27:09shares.

27:10So they

27:11have 12

27:11million

27:11active

27:12viewers

27:12of

27:12their

27:13wallet

27:13and

27:14want to

27:15now

27:15further

27:15expand

27:16its

27:17market

27:17leadership

27:17in

27:17Europe

27:18scale,

27:18its

27:18business

27:18model

27:19internationally.

27:19they

27:21are

27:22based

27:22in

27:22Hamburg

27:23and

27:25usually

27:26we would

27:26not have

27:27included

27:27that in

27:27our

27:28coverage

27:28here,

27:28but

27:29NECT

27:29has been

27:29a guest

27:30in our

27:31startup

27:32world

27:32in the

27:33past,

27:33so we

27:34have a

27:34link

27:34for you

27:35about

27:36their

27:37businesses

27:37where we

27:38talk with

27:39them in

27:39depth

27:39about

27:40their

27:40business.

27:41Moving

27:42on to

27:42mergers

27:42and

27:43acquisitions.

27:45Fiscally

27:46acquires

27:47Deutsche

27:47Fiskal

27:48GmbH

27:48Austin

27:49fiscal

27:49compliance

27:51provider

27:51Fiscally

27:52has acquired

27:53Deutsche

27:53Fiskal

27:54GmbH

27:54to expand

27:55its

27:55footprint

27:56across

27:56Germany

27:57and

27:57centralize

27:58its

27:58market

27:58positions

27:59in

28:00cloud-based

28:01fiscal

28:01received

28:02services.

28:03We have

28:03an interview

28:04upcoming

28:04with them

28:05also

28:05talking

28:06about

28:06the

28:06merger.

28:07Gnosis

28:07acquires

28:08HQ

28:09XYZ

28:11for

28:1150

28:11million

28:12Web3

28:12infrastructure

28:13play.

28:14Gnosis

28:14has

28:15acquired

28:15Asian

28:15crypto

28:16platform

28:16as I

28:17said

28:17for

28:1850

28:18million

28:18to

28:18fuel

28:19its

28:19international

28:19expansion

28:20and

28:21strengthen

28:21its

28:22multi-chain

28:23transaction

28:24system.

28:25Komoot

28:26acquired

28:26by

28:27Italian

28:27firm

28:28the

28:28Potsdam-based

28:29outdoor

28:30navigation

28:30app

28:31Komoot

28:32has been

28:36acquired

28:36by an

28:37Italian

28:37strategic

28:38investor.

28:39WellHub

28:39acquires

28:40urban

28:41sports

28:41club

28:41to

28:42expand

28:43corporate

28:44wellness

28:44in

28:44Europe

28:45centric

28:46software

28:46acquires

28:47content

28:48serve

28:49for

28:50whopping

28:51220

28:52million

28:53euros.

28:55And

28:55finally

28:55OneDoc

28:56acquires

28:56competitor

28:57to expand

28:58medical

28:59appointment

28:59platform

29:00Swiss

29:01medical

29:02appointment

29:02platform

29:03OneDoc

29:03has acquired

29:04a competitor

29:05to enhance

29:05services

29:06and expand

29:07its user

29:08base.

29:09The move

29:09aims to

29:09streamline

29:10healthcare

29:10access for

29:11patients

29:12across

29:13Switzerland.

29:14Chris,

29:14you want

29:15to do

29:15a little

29:15bit

29:15useless

29:16knowledge

29:16to close

29:17up our

29:18monthly

29:18wrap-up?

29:19Always.

29:20So,

29:21this time

29:22around,

29:22we found

29:23a delightful

29:24nod to

29:24nostalgia

29:25because the

29:26players of

29:27Bayern Munich

29:28recreated an

29:29iconic childhood

29:30photo of

29:31club legend

29:32Thomas Müller,

29:33a player

29:35whose career

29:36with Bayern

29:36Munich

29:37draws to a

29:38close.

29:39And so,

29:39his teammates

29:39paid tribute

29:40by emulating

29:41a photo of

29:41young Müller

29:42in his

29:42bedroom,

29:43adorned

29:44with FC

29:44Bayern

29:45memorabilia.

29:47And we

29:48just thought

29:48it looked

29:49cute.

29:50It was

29:50like a

29:51heartfelt

29:51gesture.

29:52And Thomas

29:53Müller,

29:53yeah,

29:54probably one

29:55of the

29:56biggest

29:56German

29:58soccer

29:58player of

29:59the past

29:59two or

29:59three

30:00decades.

30:01And,

30:02yeah,

30:03that picture

30:04really showed

30:05his dedication

30:05to the

30:07club and

30:08fans worldwide

30:09loved it.

30:11that's a

30:12wrap.

30:13Yeah,

30:14that's a

30:15month wrap.

30:16We will

30:16be back

30:17on July

30:173rd and

30:19then September

30:201st to wrap

30:21up the

30:22summer and

30:22then we

30:23stick to

30:24our monthly

30:25news

30:25schedule

30:26until the

30:27last news

30:28drop,

30:28likely on

30:30December

30:3018th and

30:32our Fintech

30:33review on

30:34December

30:3423rd.

30:35Stay ahead

30:36of the curve,

30:36guys.

30:37We are

30:37looking for

30:37your feedback

30:38as always.

30:39Thank you

30:40very much.

30:41Thanks for

30:41listening.

30:42Bye-bye.

30:43Happy

30:43summer.

30:44Happy

30:44summer.

30:45Bye,

30:45guys.

30:46Early

30:46summer.

30:48Bye.

30:53That's all,

30:54folks.

30:55Find more

30:55news,

30:56streams,

30:57events,

30:58and interviews

30:59at

30:59www.startuprad.io.

31:03Remember,

31:04sharing is

31:05caring.

31:05Bye-bye.

31:07Bye-bye.

31:08Bye-bye.

31:09Bye-bye.

31:10Bye-bye.

31:11Bye-bye.

31:12Bye-bye.

31:13Bye-bye.

31:14Bye-bye.

31:15Bye-bye.

31:16Bye-bye.

31:17Bye-bye.

31:18Bye-bye.

31:19Bye-bye.

31:20Bye-bye.

31:21Bye-bye.

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