DACH Startup Funding 2025: Germany’s Deep Tech Boom & New Unicorn Champions

Startuprad.io

#startups  #entrepreneurship  #technews  #DACHFunding #GermanStartups #EUInnovation #deeptech  Germany leads a record year in DACH startup funding, driven by defense tech, deep tech, and EU scale-up strategy. Learn how Helsing, LumaCare, and Isar Aerospace rose to unicorn status.  This episode unpacks the June 2025 startup boom across Germany, Austria, and Switzerland. We explore how sovereign tech, defense AI, and deep tech are rewriting the rules of venture capital in Europe — with unicorns like Helsing, LumaCare, and Impossible Cloud leading the way.  B. What You’ll Learn  Discover why 2025 is a record year for startup funding in Germany, Austria, and Switzerland Learn how Helsing became Germany’s most valuable startup with €600M Series C Understand the EU’s “Choose Europe” initiative and its €10B Scale-Up Fund Explore new unicorns in defense AI, phototherapy, and radiopharma See why Munich and Berlin are competing as deep tech and fintech hubs Unpack VC megadeals from Project A, Picus Capital, and GreenTech Growth Fund Get insights into sovereign cloud, fusion, and dual-use AI trends Avoid the common risks facing deep tech and frontier innovation in Europe  🎙 Hosted by Jörn “Joe” Menninger, founder of Startuprad.io, joined by Christian "Chris" Fahrenbach, Co-Founder of Startuprad.io 📰 Featuring insights from June 2025 DACH Startup News 💡 Backed by intensive research on blogs, Crunchbase, TechCrunch, and official EC reports 📊 Discover unicorns like Helsing, ITM SE, Scalable Capital, and Impossible Cloud  ✉️ Partner with us: partnerships@startuprad.io 🎧 Subscribe: https://linktr.ee/startupradio 📰 Blog Post: https://www.startuprad.io/post/dach-startup-funding-2025-deep-tech-defense-and-decacorns 💬 Feedback: https://forms.gle/Qp53eVuc9P1RMqWj8 📲 Follow Joe: http://www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=joernmenninger  The music used in our intro is "MF-297 : First Hero" licensed from Musicfox.com: https://www.musicfox.com/detailsuche/?searchtext=297&submit=search   ⚠️DISCLAIMER: We do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of our publications. You acknowledge that you use the information we provide at your own risk. Do your research.   Copyright Notice: This video and our YouTube channel contain dialogue,  and images that are the property of Startuprad.io. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to our YouTube channel is provided.   Find all options to follow us and subscribe here: https://linktr.ee/startupradio  © Startuprad.io  #startupradio #DefenseAI #SovereignCloud #FusionEnergyStartups #UnicornTracker #StartupFunding2025

Transcript

00:00Welcome to StartupRed.io, your podcast and YouTube blog covering the German startup scene with news, interviews and live events.

00:17Hello and welcome, everybody. This is Joe from StartupRed.io. You are listening to This Month in German, Swiss and Austrian Startups June 2025 together with Chris. Hey, how are you doing?

00:32Hey, I'm good.

00:34Awesome. Chris is, as always, joining us from New York City and I'm in Frankfurt. Welcome to our regular startup news from the startup at Tech Entrepreneurship Scenes in Germany, Austria and Switzerland.

00:46We are recording this on the 30th of June. As always, all news not included will be part of our news wrap up.

00:55This time, the summer wrap up to be published on September 1st, where we're wrapping up July and most of August.

01:03Our news is taking summer break in July and August, and then we will be back with regular news from September on.

01:10We needed to cut, again, our news very, very seriously.

01:15We had like 17 pages of raw news, and that would have been something for like an hour.

01:23Everything, as always, you can find on our blog, celebrate.io forward slash blog, all the sources where you can dig in.

01:30Quite a lot of news pieces have several news source links.

01:37Chris, are you going to celebrate Independence Day the day after this publication?

01:42Yes, I will be celebrating with friends who always rent out a hotel room in order to have a better view at the fireworks in New York.

01:52Where are the fireworks taking place?

01:56This year on the East River, and it's really big, and then we all sneak into a tiny room.

02:02We have drinks in the bathtub and some food, and it's usually like 10 to 12 people.

02:08It's super fun.

02:10Sounds good.

02:11Let's go to our highlights.

02:13That's June 2025 catapulted the dark startup scene into new heights, headlined by headlines by Germany's Ascension as a powerhouse in defense tech and deep tech.

02:25Berlin and Munich-based Helsing became Germany's most valuable startup, surpassing Salonis with a 600 million Series C funding,

02:35led by Daniel X Primera Matera, if the name Daniel X sounds familiar.

02:45He's one of the founders of Spotify, cementing its position as the country's second Decatur corn and overtaking Salonis in the process.

02:56Simultaneously, Munich's ESA Aerospace joined the Unicorn Club, raising $150 million via convertible bonds to fuel its commercial space launch operations,

03:07with growing geopolitical demand for sovereign satellite capabilities across Europe.

03:13Meanwhile, Berlin-based stealth mode health tech LunarCare quietly entered Unicorn territory with over 30 million users.

03:21FDA-approved phototherapy solutions, highlighting Berlin's rising cloud in media innovation, in medical innovation.

03:31And by the name, guys, by the way, guys, for LumaCare, we really had to dig deep to find this.

03:38Infrastructure and fintech also took center stage.

03:41Hamburg's Impossible Cloud, a decentralized Web3-enabled enterprise cloud platform,

03:48reached a $470 million valuation as strategic injection from NGP Capital,

03:59further validating Europe's ambition to develop hyperscaler alternatives.

04:05Munich's headquartered Scalable Capital closed the record $155 million Series E round,

04:14aiming to become the Charles Schwab of Europe with ETF investing, crypto access, and AI-powered wealth management tools.

04:22In biotech, ITM Isotope Technologies Munich SE secured a mammoth €262.5 million in non-dilutive debt financing

04:34from Blue Owl Capital to scale its radio-pharmaceutical pipeline

04:39and prep for FDA submission of ITM 11, its GEP net cancer therapy.

04:47These mega-runs deals confirm investors' appetite for infrastructure layer innovation,

04:53vertical SaaS, and frontier health tech.

04:56Policy and ecosystem moves rounded out the month.

05:00With a long-awaited release of the EU Startup and Scale-Up Strategy,

05:04dubbed Choose Europe to Start and Scale,

05:06the blueprint includes a $10 billion scale-up Europe fund,

05:11a unified 28th regime for legal harmonization,

05:16and Lab2Unicorn initiative to bridge research and commercialization.

05:21All key steps in making the EU globally competitive for tech founders.

05:27Regionally, Switzerland's $100 billion deep tech vision,

05:31new reports on DACH CEE climate tech,

05:34and Germany's improved IFO Business Climate Index,

05:38pointed to a cautious optimism despite capital concentration pressure.

05:43From rising unicorns like Helsing to smart policy bets

05:47and decentralized infrastructure champions like Impossible Cloud,

05:52Startup Radio remains your go-to source for what's next in DACH innovation funding

05:56and founder momentum.

05:58So let's talk startups.

06:02As we said, this news piece will go live Thursday, July 3rd, 2025.

06:07You can listen to it on our radio station,

06:10and we will be back after a short ad break with Chris with the top news.

06:14So let's pay some more attention to a couple of the top news of this month.

06:25Some of it you had already mentioned.

06:28First up, there's three new unicorns in these news,

06:33and one is even a DECACORN.

06:36So Helsing is Germany's second DECACORN and now Germany's most valuable startup.

06:44The German defense tech sector sees a breakout moment as Helsing surpasses Celonis in valuation.

06:53It is a pretty remarkable development because now we see that Germany's startup landscape has a new champion.

06:59So the AI-driven defense startup Helsing has closed a monumental €600 million CUC funding,

07:07propelling its valuation to a staggering $12 billion and dethroning Celonis as the country's most valuable privately held tech company.

07:17The raise, as you mentioned, led by Spotify co-founder Daniel X,

07:21investments from Prima Materia marks a pivotal shift in European venture capital

07:25from software as a service and fintech towards dual-use deep tech innovation.

07:31It's only the second German DECACORN,

07:33and Helsing reflects growing investor appetite for sovereign AI and next-generation defense technologies.

07:43The company is based in Berlin and Munich

07:45and develops real-time AI software for battlefield situational awareness,

07:51integrating sensor fusion and drone autonomy,

07:53a model gaining traction among heightened geopolitical instability.

07:58Probably you've heard that a lot of countries,

08:01especially the NATO countries,

08:02are discussing increasing their funding for military operations.

08:10So this right now seems to be well within this trend.

08:14And the funding round cements Helsing's status as Europe's premier defense unicorn

08:19with strategic partnerships in place,

08:21including Rheinmetall and a pending acquisition of Grob aircraft,

08:25signaling a full-stack expansion into AI-powered aerospace systems.

08:32So, ISA Aerospace, again related in the same field,

08:40reaches the unicorn orbit with 150 million euros in a convertible raise.

08:44Germany's private space race gains momentum here.

08:49They had a 150 million euro convertible bond raise,

08:55positioning the Munich-based rocket startup among the elite of Europe's burgeoning commercial space sector.

09:01Founding in 2018 as a private launch services provider,

09:05ISA Aerospace now has rapidly ascended from a sunicorn to a unicorn,

09:10capitalizing on rising geopolitical demand for sovereign launch capabilities

09:15and satellite deployment independence.

09:17Funding round confirmed by German business media

09:20fuels the company's ambitions to rival SpaceX,

09:24Arianespace and Arianespace by offering flexible,

09:27coast-efficient orbital delivery from European soil.

09:31The fresh capital will be used to accelerate its Spectrum rocket program,

09:36set to deliver small and medium payloads to low Earth orbit, LEO,

09:41amid mounting demand from defense, climate monitoring and telecommunications clients.

09:48Yeah, also this milestone comes as Germany doubles down on space tech autonomy,

09:52placing the country at the forefront of a new industrial frontier

09:55with major ESA contracts, so that's the European Space Agency,

10:00already secured and the new valuation crossing the billion euro mark.

10:04ESA Aerospace exemplifies the resurgence of European new space competitiveness.

10:11And you also already mentioned that the Berlin-based health tech startup LumaCare

10:17has very discreetly entered the unicorn club,

10:20achieving a valuation exceeding 1 billion euros

10:23following its Series D funding round.

10:26Despite amassing over 30 million euros users,

10:30LumaCare has maintained a low profile,

10:32focusing on delivering innovative phototherapy solutions.

10:37They have a flagship product called the LumaCare LC122M LAMP,

10:42a versatile, non-invasive treatment platform for conditions,

10:47ranging from dermatological issues to oncology,

10:50utilizing photodynamic therapy called PDT and phototherapeutic protocols.

10:58The company has CEMDD and FDA approvals,

11:03and therefore LumaCare's technology is gaining traction

11:06in both clinical and research settings

11:08in a field that has a growing demand

11:11for cost-effective and flexible medical treatments.

11:14Also here, we can see, since they are based in Berlin,

11:19that the European health tech sector is expanding,

11:22and Berlin is becoming more of a hub for medical innovation there.

11:28And Hamburg-based Impossible Cloud has reached a 470 million euro valuation

11:33following a strategic investment from NGP Capital,

11:36signaling growing institutional confidence

11:38in decentralized infrastructure solutions.

11:40Chris, does this sound for you very much like SuniCoin as well?

11:46Yeah, yeah.

11:48But yeah, so I mean 470 million, yeah.

11:52Because I mean numbers, do they matter these days anymore?

11:56Who knows? Up is down.

11:59The startup which operates a blockchain-powered cloud storage platform

12:03tailored to enterprise use

12:05is positioning itself as a European answer to hyperscalers

12:09like AWS from Amazon, Google Cloud, and Azure.

12:13By combining Web3 architecture with enterprise-grade compliance

12:16and performance,

12:17Impossible Cloud is tapping into the surging demand

12:20for very sovereign and distributed data services

12:22across the EU and beyond.

12:25NGP Capital's investment underscores

12:27larger capital reallocation trend

12:29toward infrastructure-layer startups

12:31that blend decentralization with real-world utility.

12:37We also see that this move reinforces themes

12:41from our recent interview with NGP Capital

12:44on VC investment patterns in the Dach region

12:47where the rise of vertical SaaS and frontier tech,

12:49including cloud, AI, cybersecurity,

12:52is reshaping Europe's venture landscape.

12:56Three more to go, people.

12:58Bear with me.

12:59Munich-based ITM Isotope Technologies

13:01has locked up to 262.5 million euros

13:08in non-dilutive debt financing from funds

13:11managed by Blue Old Capital,

13:13marking one of the largest capital raises

13:15in European biotech this year.

13:17The financing, led by Blue Old's credit platform,

13:20provides an immediate $140 million

13:22trench to advance the U.S. regulatory submission

13:27and commercial readiness of ITM-11,

13:30the company's lead radiopharmaceutical candidate

13:33for treating gastroenteropancreatic neuroendocrine tumors,

13:40GEPNETs.

13:44JEPNETs.

13:45I think they, JEPNETs,

13:46that sounds more like something you want to fight.

13:50With promising phase three clinical trial results

13:53and a 2025 FDA filing plant,

13:56ITM is emerging as a dominant player

13:57in targeted radiotherapeutics.

14:00The deal also supports the scale-up

14:02of actinium-225 isotope production via actinier,

14:07ITM's joint venture,

14:09reinforcing Germany's leadership

14:10in next-generation cancer therapies.

14:12So we see here that we are in an era

14:15where biotech startups often face equity dilution.

14:19ITM's non-dilutive structure is standing out,

14:23signaling deep investor confidence

14:24in late-stage nuclear medicine innovation.

14:30A very dynamic market as of now,

14:33especially given the developments in the U.S.

14:38So we will see how it goes for European companies here.

14:43And the European Commission has officially launched

14:45its comprehensive EU startup and scale-up strategy

14:48titled Choose Europe to Start and Scale,

14:53aiming to transform the European Union

14:55into a global hub for technology-driven companies.

14:58The strategy addresses longstanding challenges

15:01faced by startups and scale-ups,

15:02including fragmented regulations,

15:04limited access to finance,

15:06talent shortages and key initiatives

15:08now include the introduction of a 28th regime

15:12to harmonize insolvency, labor and tax laws.

15:1828th regime here referring to the fact

15:21that the European Union has 27 membership countries

15:24and therefore 27 secretaries

15:28because each country needs to have one secretary

15:30or commissioner in the European Commission.

15:33also the establishment of a 10 billion scale-up Europe fund

15:38to support deep tech companies

15:40and the blue carpet initiative

15:41to attract and retain top talent.

15:44The strategy also emphasizes faster market uptake

15:47through the Lab2 Unicorn program,

15:49facilitating the transition from research

15:51to commercialization.

15:54This whole development aligns with our earlier report

15:57in February,

15:58in which we anticipated the release

15:59of the strategy in the summer.

16:01For more details,

16:02you can refer to our February coverage

16:05where we had the DACH startup scene,

16:07a February roundup.

16:09And there we are talking a bit more about that.

16:11And last but not least,

16:13Munich-based fintech scalable capital

16:15has secured 155 million euros

16:17in its largest funding round to date,

16:20led by Belgium investment firm

16:21Zofina and the pan-European growth equity investor

16:24Notteo's partners.

16:26This series E round brings the total capital

16:28raised by scalable capital to over 470 million euros.

16:33Fresh funding will support the expansion

16:35of scalable digital investment platform across Europe

16:38with a focus on markets like France and Italy.

16:41The company wants to grow its assets under management

16:44from 30 billion euros right now

16:45to over 100 billion euros

16:47within the next two to three years,

16:49positioning themselves,

16:50you already said it,

16:51as the Charles Schwab of Europe.

16:54Scalable capital offers

16:55a suite of investment products,

16:57including ETFs, stocks, bonds,

16:59cryptocurrencies, private equity,

17:02through its scalable broker

17:04and scalable wealth services.

17:06The platform also plans

17:07to introduce new features

17:08such as children's investments,

17:11accounts,

17:11and enhance AI-driven

17:13portfolio management tools.

17:15Co-founder and co-CEO

17:18Erik Pottsuweid

17:19emphasized that the funding round

17:20is a significant step

17:21toward becoming Europe's

17:24leading retail investment platform.

17:28And now we are done

17:29with taking some time

17:30for the real big stories,

17:33a bit of housekeeping,

17:34and then we can look at the ecosystem.

17:38Actually, I don't have a lot for housekeeping.

17:41I was just checking the monthly wrap-up

17:43we get from...

17:44Because we got our house in order.

17:46That's why.

17:46We got our house in order.

17:47We scored in the last 30 days

17:51in more than 30 countries

17:53in the world,

17:55in some of them,

17:56in multiple podcast charts.

17:58If you're interested to work with us,

18:01email us at partnerships

18:02at celebrate.io.

18:04You can subscribe

18:05and follow on our link tree.

18:07And now we are already

18:08onto the ecosystem.

18:09First, have a look at Europe.

18:13One trillion euro fund,

18:15Power Walk and Northern Gridstone

18:17team up on a new UK-based EIS fund,

18:21Ambition.

18:22Europe's first trillion euro startups,

18:25source EU startups.

18:27EIF, Defense Tech Fund,

18:29European Investment Fund,

18:30launches its first defense tech initiative,

18:33part of a growing strategic investment wave.

18:38DACH CE Climate Tech report highlights

18:41the fastest growing climate tech startups

18:43across DACH and Central,

18:46Eastern and Eastern Europe in 2025.

18:49EU AI Act enforcement timelines.

18:52The European Commission confirms

18:54phased enforcement of AI Act

18:57begins in Q3 2025.

19:00Fines expected in 2026.

19:03Now, let's talk a little bit about Germany.

19:05And there, I hand it back over to Chris,

19:07who is usually the guy for Germany.

19:10Yeah.

19:10And so interesting how different governments

19:13are trying to rein in

19:14some of the AI companies.

19:17It's also always part here

19:19of the discussions in the US

19:20in the finance packaging.

19:22And there's even discussion

19:23whether if some states

19:25individually in the US

19:26try to regulate AI,

19:28whether they are

19:29receiving government funding

19:32or whether the federal government

19:33stops giving them money.

19:35Moving on to Germany, though,

19:36you already said it.

19:37We always look at the IFO index,

19:41which is a business climate index

19:43based on a survey.

19:45And we see that it increases

19:47for the sixth straight month

19:49driven by optimism

19:50in manufacturing and services.

19:53Ten VCs are actively investing

19:55millions into German startups

19:57across sectors like AI,

19:58fintech and SaaS.

20:00A bullish signal

20:01for the local ecosystem

20:02writes Deutsche Startups.

20:04We have now a federal minister

20:06on startup.

20:08It's part of the new government here.

20:10The first public appearance

20:11of Germany's startup minister

20:13highlights a vision-driven approach

20:14to supporting founders.

20:16Business Insider writes

20:17a bit more about this.

20:19Then when we look

20:21at digital wallets,

20:23that secretary

20:24that I was just talking about,

20:26Wildberger,

20:27he outlined aggressive goals

20:29for nationwide wallet infrastructure

20:31and startup partnerships.

20:32More about that

20:33in Handelsblatt.

20:34Die Kreditanstatt für Wiederbauaufbau,

20:37KFW,

20:38has some new startup insights.

20:41Their latest research highlights

20:43increased German startup activity

20:44despite macro headwinds.

20:47And Germany's new chancellor,

20:49Friedrich Merz,

20:50criticized for calling himself

20:52Plan B

20:53for a digital minister.

20:55He raises concerns

20:56over tech policy expertises.

20:59So, yeah,

20:59we see that the,

21:01that this whole new secretary

21:03or this new ministry

21:04is kind of,

21:06has still like,

21:07some like growth pain,

21:08growing pain to do.

21:09German Entrepreneurship

21:12Org

21:13and IFO

21:14Institute

21:15call for stronger

21:16government support

21:17to unlock startup growth.

21:20We have a deep dive

21:21into capital concentration

21:22in Germany's VC landscape

21:24at Deutsche Startups,

21:27asking who still gets funding

21:28in 2025.

21:29And Bitcoin,

21:30the German Tech Association,

21:32says founders

21:33are optimistic

21:34about the new federal government

21:35stance on innovation

21:36in capital markets.

21:37And in the fight

21:39between the two capitals

21:41or metropolises

21:42of Berlin and Munich,

21:45we have a new analysis

21:47that reveals Berlin

21:48is a home to 60%

21:49of Germany's unicorns,

21:51but Munich is catching up

21:53in B2B SaaS.

21:55And moving on to Austria,

21:58there we see that

21:59Austria's tech fund

22:00Fonds Zukunft Österreich

22:02is going to disperse

22:04140 million euros

22:05in 2026,

22:06though only

22:0750 million euros

22:09has been reserved

22:10to date.

22:11So,

22:12if you intend

22:13to move to Salzburg,

22:15there's money.

22:17And in Switzerland,

22:19we have a

22:19deep tech report there

22:21and a new Swiss report

22:22is showing that

22:23deep tech startup

22:23creation

22:24rises in

22:26medtech,

22:26AI,

22:27and robotics.

22:30Related to that,

22:31there's a

22:31deep tech

22:32100 billion

22:34euro vision

22:36New Insights

22:37position Switzerland

22:38as Europe's

22:39100 billion euro

22:40deep tech

22:40innovation engine

22:42driven by

22:43public-private

22:43research and

22:44development,

22:45writes TechEU.

22:46And Swiss Angel

22:47investor Peter Kessel

22:48is named

22:49Business Angel

22:50of the Year

22:512025.

22:53Congratulations,

22:55Herr Kessel.

22:57General news.

22:59Joe,

23:00VC funds

23:00for people

23:02who are looking

23:02for money.

23:03show me

23:04the money.

23:05Yeah,

23:05a few of you guys

23:06I'm sure

23:07are looking

23:08for money.

23:08Some VC news

23:10and funds

23:11in case you're

23:12looking for money.

23:13And as always,

23:14there's just a selection.

23:15Budget A

23:16closes fund

23:17number five

23:17over subscribe

23:18325 million euros.

23:22Top AI

23:23VCs in Europe.

23:24PitchBook

23:24reveals the 10

23:25most active

23:27VC firms

23:28investing in

23:29European AI

23:30startups

23:30led by

23:31Atomico

23:31and Early Bird.

23:33Pico's capital

23:34fund

23:34announces

23:35250 million euros

23:38fund number

23:38two

23:39to support

23:39early stage

23:40startups

23:40from Pre-C

23:41to Series A

23:42in Europe

23:42and the US.

23:44BGF

23:45500 million

23:46pound fund

23:47UK-based

23:48BGF

23:49commits

23:49500 million

23:50pounds

23:51to European

23:51tech investment

23:52targeting

23:53growth

23:54startup

23:54and scale-ups.

23:56Main capital

23:57fund

23:58number five

23:58they raise

23:59520 million

24:01euros

24:01to support

24:02B2B

24:03software

24:03across Europe.

24:04Crypto VC

24:05launch

24:05Javier

24:07Megan

24:08launches

24:0820 million

24:09US dollar

24:12crypto

24:13VC fund

24:13Fractis

24:16to support

24:18next-gen

24:19DeFi

24:19protocol

24:20tooling.

24:21VC launch

24:22book

24:22Alex von Frankenberg

24:24releases

24:25Das Ehrliche Geld

24:26The Honest Money

24:26exploring VC

24:27transparency

24:28and

24:29founder

24:29psychology.

24:30Of course

24:30you can listen

24:31to the interview

24:32we had

24:33with Alex

24:33when he was

24:34still

24:34CEO

24:35of

24:35Germany's

24:35high-tech

24:36Grunafond

24:36or HTGF.

24:39Green tech

24:40growth fund

24:40closes

24:40160 million

24:42euros

24:42focused on

24:44decommodization

24:45scale-ups.

24:47Deep tech

24:47news

24:47Proxima

24:48fusion

24:49on the

24:49unicorn

24:49path

24:50they secured

24:51130 million

24:53euros

24:53to build

24:55the world's

24:55first

24:56accelerator

24:56power plant

24:57Europe's

24:58largest

24:58private

24:59fusion

25:00race.

25:01Note

25:02we have

25:03an

25:03upcoming

25:03interview

25:03with

25:04them

25:04you'll

25:05see

25:05it

25:05very

25:05likely

25:06late

25:07summer

25:07early

25:07spring

25:08AWS

25:09sovereign

25:09cloud

25:10Amazon

25:11web

25:11services

25:11launches

25:12a

25:12dedicated

25:13European

25:13sovereign

25:14cloud

25:14to meet

25:15GDPR.

25:17On the

25:17green tech

25:18news

25:18circular

25:19economy

25:19mapping

25:20a startup

25:21map

25:21highlights

25:21innovators

25:22across

25:22Europe

25:23working on

25:23sustainable

25:24circular

25:25economy

25:26solution

25:26look it

25:27up at

25:28starting

25:28up

25:29wordplay

25:30AI

25:31news

25:31Black

25:32Forest

25:32Labs

25:32AI

25:33launched

25:34a new

25:34image

25:35generation

25:35AI

25:36to

25:36compete

25:37with

25:37Open

25:37AI

25:37Dell

25:40Open

25:40AI

25:41Delli

25:42Synflow

25:43Voice

25:44AI

25:44they're

25:45building

25:45the next

25:46generation

25:46German

25:46voice

25:47assistant

25:47signaling

25:48a new

25:49competition

25:49in

25:50conversational

25:50AI

25:51and

25:52Open

25:52AI

25:52in

25:53Germany

25:53opened

25:54their

25:54first

25:55office

25:55in

25:56Germany

25:56in

25:56Munich

25:57take a

25:59deep

25:59breath

25:59going

26:00to

26:00the

26:00biotech

26:00news

26:01biotech

26:01billion

26:02deal

26:03biotech

26:04inc

26:04multi

26:05billion

26:06deal

26:06licensing

26:07and

26:07acquisition

26:08deal

26:09with

26:09US

26:09pharma

26:10giant

26:10expanding

26:11its

26:11oncology

26:12pipeline

26:13related

26:14their

26:14cancer

26:15drug

26:15antibody

26:15based

26:16cancer

26:16treatment

26:17shows

26:17promises

26:17of

26:18targeting

26:18multiple

26:19tumors

26:19you can

26:20read

26:21more

26:21on

26:21public

26:22broadcaster

26:22SWR

26:24CUMEA

26:25awards

26:26Swiss

26:26MedTech

26:26CUMEA

26:27wins

26:272025

26:28Swiss

26:28MedTech

26:29award

26:29for

26:29breakthrough

26:30and

26:31Mines

26:31Biomed

26:32grant

26:32they

26:33secure

26:33public

26:34funding

26:34to

26:34develop

26:35a

26:35next

26:35generation

26:35pancreatic

26:36cancer

26:37detection

26:37of course

26:38you can

26:38learn more

26:39about them

26:39in our

26:40interview

26:40and

26:41somehow

26:41the

26:42news

26:42that

26:43BioNTech

26:43bought

26:44CUREVAC

26:45is not

26:45in here

26:46with

26:46link

26:46I'll

26:47repair

26:47that

26:47and

26:48Chris

26:48takes

26:49over

26:49the

26:49fintech

26:49news

26:50yes

26:51so

26:52yeah

26:52before we

26:53start

26:53keep in

26:53mind

26:54the

26:54massive

26:54scalable

26:54funding

26:55that we

26:55already

26:56talked

26:56about

26:56but

26:57more

26:57fintech

26:58news

26:58get

26:58safe

26:59has

26:59is

27:00showing

27:00a

27:00strategy

27:01shift

27:01it's a

27:02German

27:02insurtech

27:03company

27:04and

27:04they

27:05exit

27:06the

27:06insurance

27:06license

27:07model

27:07and

27:08are

27:09pivoting

27:09to

27:09white

27:10label

27:10and

27:10partner

27:11based

27:11strategies

27:11sailors

27:13a

27:14Berlin

27:14based

27:15fintech

27:15for

27:15seafarers

27:16scores

27:17an

27:17exit

27:18after

27:18surprise

27:19traction

27:19founders

27:20close

27:21funding

27:21and

27:21acquisition

27:22in

27:23the

27:23second

27:23quarter

27:24writes

27:24business

27:25insider

27:25moving

27:27on

27:27from

27:27fintech

27:28to

27:28deep

27:28tech

27:29bosch

27:30big

27:30company

27:31that

27:31we've

27:31been

27:31talking

27:32about

27:32quite

27:32often

27:33is

27:34didn't

27:35you

27:35work

27:35for

27:35them

27:35at

27:36one

27:36point

27:36no

27:37nope

27:38they

27:38I

27:39applied

27:39when I

27:39was

27:4019

27:40but

27:40they

27:40didn't

27:41want

27:41me

27:41it's

27:44just

27:44totally

27:44fine

27:45I

27:45totally

27:45I'm

27:46totally

27:46not

27:46holding

27:47a

27:47grudge

27:47anymore

27:4826

27:48years

27:49later

27:49so

27:50the

27:53company

27:53announced

27:54a

27:54billion

27:54euro

27:55initiative

27:55to

27:56deepen

27:56AI

27:57driven

27:57development

27:58for

27:58automotive

27:59and

27:59manufacturing

28:00verticals

28:01the

28:02AI

28:02gigafactory

28:03sees

28:04a

28:04gridlock

28:05major

28:05European

28:06tech

28:06firms

28:06fail

28:07to

28:07agree

28:07on

28:08centralized

28:08AI

28:09chip

28:09manufacturing

28:10undermining

28:11the

28:11AI

28:12gigafactory

28:12ambition

28:13of the

28:14European

28:14Union

28:14moving

28:16on

28:16towards

28:17general

28:17news

28:18the

28:19general

28:19news

28:19the

28:20German

28:20startup

28:20awards

28:21have

28:21been

28:22handed

28:22out

28:22they

28:22celebrate

28:23the

28:23winners

28:23of

28:24the

28:242025

28:24German

28:25Startup

28:25Awards

28:25with a

28:26focus

28:26on

28:27resilience

28:27and

28:28originality

28:29note

28:31we will

28:32have

28:32an interview

28:33series

28:34with the

28:34winners

28:34of the

28:34German

28:35Startup

28:35Awards

28:35to be

28:37published

28:37in

28:37fall

28:38and

28:38winter

28:38this

28:39year

28:39that

28:39is

28:40something

28:40that

28:40will

28:40keep

28:41us

28:41busy

28:41during

28:42the

28:42summer

28:42like

28:43we

28:43did

28:43last

28:44year

28:44giving

28:44you

28:44an

28:44unparalleled

28:45chance

28:46to

28:46pick

28:46their

28:47head

28:47and

28:47dive

28:48deep

28:48into

28:49the

28:49minds

28:49and

28:50these

28:50amazing

28:52founders

28:53and

28:53investors

28:54Forbes

28:5530

28:56under

28:5630

28:56German

28:57founders

28:57featured

28:58in

28:58Europe

28:59Forbes

28:5930

29:00under

29:0030

29:00German

29:01Unicorn

29:02watch

29:02startups

29:03like

29:03Level

29:04Affinity

29:05Synthflow

29:06show

29:06breakout

29:07potential

29:07on

29:08Germany's

29:08next

29:08unicorn

29:09tracker

29:09radar

29:09on

29:10deutsche

29:10startups

29:10out

29:11to

29:11one

29:12founder

29:12Hakan

29:12Koch

29:13teases

29:14bold

29:14new

29:14venture

29:15he

29:15is

29:16reportedly

29:16in

29:17a

29:17highly

29:17sensitive

29:17new

29:18venture

29:18in

29:19the

29:19digital

29:19mobility

29:19space

29:20planning

29:20automotive

29:21insurance

29:22and

29:22B2B

29:22fintech

29:23in

29:23stealth

29:23according

29:24to

29:24FAZ

29:25the

29:26Flix

29:26Train

29:27concerns

29:27internal

29:29business

29:29report

29:30raises

29:31doubt

29:31about

29:31Flix

29:32Train's

29:32long-term

29:33growth

29:33projections

29:34amid

29:35EU

29:36expansion

29:37ambitions

29:38and

29:39of course

29:40you can

29:40as always

29:41listen to

29:43what the

29:43former CEO

29:44thinks about

29:45it in

29:46our

29:46interview

29:47with them

29:47dating a

29:48few

29:48years

29:48back

29:49also

29:49flashing

29:50posts

29:50stagnates

29:51Chris

29:51you remember

29:52we had

29:52large

29:53coverage

29:53because

29:53they were

29:54rumored

29:55to have

29:55an exit

29:55that was

29:56approaching

29:561 billion

29:57yeah

29:58it turned

29:59out it

29:59wasn't

30:00that much

30:01and now

30:01the German

30:01beverage

30:02delivery

30:02scale up

30:03reports

30:03flat

30:042024

30:04revenue

30:05despite

30:06market

30:07expansion

30:08efforts

30:08there's a

30:09revolt at

30:10HelloFresh

30:11you notice

30:11anything from

30:12that in

30:12New York

30:13no

30:15but I

30:16don't see

30:16them anymore

30:17anyway

30:17I don't

30:18know

30:19yeah I

30:20get the

30:21feeling they

30:21scaled back

30:22the marketing

30:22right

30:23yeah

30:23they

30:24yeah

30:25they came

30:25and went

30:26a bit

30:26just like

30:27the

30:27super fast

30:28supermarkets

30:29we've

30:30seen so

30:31many

30:31come

30:31and go

30:31already

30:32you and

30:32I

30:32haven't

30:33we

30:33yes

30:34exactly

30:35it's

30:35it

30:36sounds

30:37like a

30:38very old

30:38couple

30:38right

30:39yeah

30:39but

30:40yeah

30:41and it's

30:41a bad

30:41sign for

30:42all the

30:42AI

30:42companies

30:43because

30:43we've

30:44seen

30:44enough

30:46hypes

30:47by now

30:48yeah

30:49going back

30:50to the

30:50HelloFresh

30:50revolt

30:51executives

30:52at

30:52HelloFresh

30:53face

30:53shareholder

30:53dissent

30:54ahead of

30:55the annual

30:55general

30:55meeting

30:56pay packages

30:57and culture

30:58are at

30:58the center

30:59according

30:59to

30:59Bloomberg

31:00Bubble

31:01changes

31:01its

31:02CEO

31:03but

31:03the

31:04speech

31:05learning

31:05app

31:05the

31:05BA

31:06BBEL

31:07use

31:08executive

31:09named

31:10as

31:10new

31:11CEO

31:11of

31:11Bubble

31:11Germany's

31:12leading

31:12language

31:13learning

31:13app

31:14signaling

31:14a

31:15global

31:15push

31:16and

31:17WingCopter

31:18capital

31:18around

31:18drone

31:19logistics

31:19startup

31:20WingCopter

31:20secures

31:21new funding

31:21to scale

31:22international

31:22delivery

31:23roads

31:24as

31:25always

31:25they don't

31:26publish

31:26the

31:26valuation

31:27they don't

31:27publish

31:28the

31:28amount

31:28but

31:28you can

31:29learn

31:29of course

31:30more

31:30in

31:30our

31:31interview

31:31with

31:31them

31:32isn't

31:32that

31:33a

31:33surprise

31:33Chris

31:33in

31:34Berlin

31:35and

31:35Paris

31:36tech

31:36stars

31:36pause

31:37or

31:38suspense

31:38their

31:39accelerator

31:39programs

31:40citing

31:40changing

31:41founder

31:41support

31:42needs

31:42and

31:43operational

31:43models

31:44according

31:45to

31:46tech

31:46EU

31:46there

31:47is

31:47quite

31:47some

31:47protest

31:48going

31:48on

31:48in

31:48respect

31:49to

31:49cities

31:49about

31:50that

31:50Reiseland

31:52IPO

31:52cancelled

31:53Reiseland

31:53AG

31:54with

31:56Ross

31:56IPO

31:57due

31:57to

31:57market

31:58turbulences

31:59and

31:59lack

32:00of

32:00international

32:01demand

32:02also

32:02second

32:03attempt

32:03of

32:03Autodoc

32:04to

32:04IPO

32:05failed

32:05one

32:06day

32:06before

32:06the

32:07IPO

32:07background

32:08is that

32:08there

32:09was

32:09not

32:09enough

32:09demand

32:10for

32:10the

32:10shares

32:11in

32:11the

32:11price

32:12range

32:12they

32:12offered

32:13but

32:13the

32:13minority

32:13shareholder

32:14private

32:15equity

32:15fund

32:16would

32:16not

32:17go

32:17lower

32:18also

32:19Kleinanzeigen

32:21the

32:21what is

32:22it

32:22Chris

32:23classified

32:23ads

32:24yeah

32:24classified

32:25ads

32:26Kleinanzeigen

32:26clones

32:27search

32:28they used

32:28to be

32:29a part

32:29of

32:29eBay

32:30and

32:30there's

32:30a new

32:31wave

32:31of

32:31second

32:32hand

32:32marketplaces

32:33clones

32:33emerging

32:34across

32:34the

32:35Dach

32:35region

32:35as

32:36eBay

32:37Kleinanzeigen

32:38tightens

32:39the

32:39policies

32:40now

32:41do a

32:41little

32:41bit

32:42of

32:42creative

32:43destruction

32:44Goya

32:45is

32:45shut

32:45down

32:46Hamburg

32:46startup

32:46my

32:47Robin

32:47collapses

32:48in

32:48Austria

32:49startup

32:50insolvency

32:50watch

32:51at

32:51trending

32:52topics

32:52dot

32:52EU

32:53Medigine

32:54is

32:55insolvent

32:55KFA

32:56AI

32:56shuts

32:57down

32:57handing

32:58over

32:58to

32:59Chris

32:59to

33:00end

33:00on

33:00a

33:00high

33:00note

33:01yes

33:02more

33:02optimistic

33:02stuff

33:03Zama

33:04raises

33:0457

33:05million

33:06dollars

33:07symbiotic

33:10raises

33:1029

33:11million

33:11euros

33:12a

33:12health

33:12tech

33:12startup

33:13Trava

33:14announces

33:15a

33:16series

33:16A

33:17it's

33:17working

33:18in

33:18sustainable

33:18energy

33:19forecasting

33:20affinity

33:22group

33:23raises

33:2423

33:24million

33:25euros

33:26for

33:27to

33:27bring

33:27seamless

33:28payments

33:28to

33:28Europe's

33:29automotive

33:29sector

33:30data

33:31plur

33:31lends

33:3220

33:32point

33:33five

33:34million

33:34dollars

33:35they're

33:35based

33:35in

33:36the

33:36US

33:36and

33:37want

33:37to

33:37expand

33:38their

33:38AI

33:38powered

33:39mapping

33:39tools

33:40synth

33:41flow

33:42AI

33:42gets

33:4320

33:43million

33:44euros

33:44it's

33:45a

33:45voice

33:45AI

33:45startup

33:46enabling

33:47smart

33:47assistance

33:48for

33:48customer

33:48support

33:49in

33:49regulated

33:50industries

33:51Ostrom

33:53has

33:55a

33:55series

33:55B

33:55of

33:5620

33:56million

33:56euros

33:57it's

33:57an

33:57energy

33:58tech

33:58startup

33:58and

33:59that

34:00money

34:01allows

34:02them

34:02to

34:02expand

34:02their

34:03smart

34:04meter

34:04platform

34:04and

34:05enter

34:05the

34:05French

34:05market

34:06Rewe

34:07Group

34:07invests

34:0817

34:09million

34:09dollars

34:10in

34:10fulfillment

34:11tools

34:12betting

34:13on

34:13distributed

34:13order

34:14management

34:14to

34:15global

34:15e-commerce

34:16or

34:18to

34:18gain

34:19global

34:20e-commerce

34:20market

34:20share

34:21Remberg

34:22it's a

34:23Munich

34:23based

34:23industrial

34:24software

34:24as a

34:25service

34:25startup

34:25raises

34:2615

34:26million

34:27euros

34:27in

34:27a

34:28series

34:28A

34:28to

34:28streamline

34:29after

34:29service

34:30workflows

34:30the

34:31space

34:32tech

34:32startup

34:32Okapi

34:33Orbit

34:33raises

34:3413

34:34million

34:35euros

34:35to

34:35build

34:35sustainable

34:36satellite

34:36traffic

34:36management

34:37Baobab

34:38gets

34:39an

34:39insurance

34:40deal

34:40of

34:4012

34:40million

34:41euros

34:41to

34:41scale

34:42an

34:42embedded

34:43insurance

34:43platform

34:44across

34:44Europe

34:45smart

34:46fleet

34:4612

34:47million

34:47euros

34:47for

34:48a

34:48series

34:48A

34:49it's

34:49AI

34:49powered

34:50fleet

34:51management

34:51for

34:52electric

34:53last

34:53mile

34:54logistics

34:54climatic

34:56with a

34:56Q

34:57in the

34:57end

34:58a

34:58Berlin

34:58based

34:58company

34:59raised

34:5910

34:59million

35:00euros

35:00to

35:00embed

35:00climate

35:01impacts

35:01going

35:02into

35:02business

35:02intelligence

35:03systems

35:03Colibri

35:05has a

35:06founder

35:07return

35:07after

35:08120

35:08million

35:09euro

35:09Colibri

35:09games

35:10exit

35:10the

35:10co-founder

35:11now

35:11raises

35:115

35:12million

35:12for

35:13a

35:13new

35:13multiplayer

35:13game

35:14studio

35:14and

35:16no

35:16funding

35:16but

35:17a

35:17comeback

35:17we

35:17will

35:17also

35:18include

35:19here

35:19in

35:19the

35:20good

35:20news

35:20column

35:21Robo

35:22an

35:23Austrian

35:23edtech

35:24robot

35:25company

35:25Robo

35:26Wunderkind

35:27they

35:27relaunched

35:28after

35:29bankruptcy

35:30by pivoting

35:31its

35:31business

35:31model

35:32so

35:33congratulations

35:33there

35:34and I

35:36also want

35:36to hint

35:36for our

35:38audience

35:38for our

35:38listeners

35:39Synflow

35:40AI

35:40the

35:4020

35:40million

35:41euro

35:41race

35:41remember

35:42they have

35:43been

35:43mentioned

35:44in the

35:44Sunicon

35:44bracket

35:45as

35:45well

35:45guys

35:46there

35:47is

35:47just

35:48a

35:48little

35:48bit

35:48M&A

35:49news

35:49Hornet

35:49security

35:50exit

35:50US

35:52cybersecurity

35:52firm

35:53Proofpoint

35:55acquires

35:56Germany's

35:56Hornet

35:57security

35:57and

35:58OneDoc

35:58acquisitions

35:59with

35:59appointment

36:01booking

36:02platform

36:02OneDoc

36:03acquires

36:03a local

36:04competitor

36:04to

36:05consolidate

36:05Chris

36:06you

36:07want

36:07to

36:07take

36:07the

36:07last

36:08news

36:08useless

36:09knowledge

36:10I

36:11think

36:11it's

36:11very

36:11useful

36:12knowledge

36:12because

36:13in

36:15June

36:152025

36:16Germany

36:16achieved

36:17a

36:17record

36:18surplus

36:18in

36:19cheese

36:19exports

36:21surpassing

36:221.2

36:23billion

36:24euros

36:24for the

36:24first

36:25time

36:25a

36:26milestone

36:26that

36:26was

36:26attributed

36:27to

36:27increased

36:28demand

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36:29cheeses

36:30in

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36:31particularly

36:31in

36:32Asia

36:32and

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36:33East

36:33this

36:34might

36:34seem

36:34a

36:35niche

36:35statistic

36:35but

36:36it

36:36definitely

36:36highlights

36:37Germany's

36:37unexpected

36:38prowess

36:39in the

36:39dairy

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36:40sector

36:40even

36:41amidst

36:42broader

36:42economic

36:43challenges

36:43and

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36:45me

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36:47with

36:47a

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36:50do you

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36:51no

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36:54awesome

36:59guys

37:00we do

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37:04a

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37:06Chris

37:07I

37:07would

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37:08a

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37:20me

37:20Chris

37:21when

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37:22going

37:22live

37:22oh

37:24inshallah

37:26always

37:27be on

37:27your

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37:29I'm

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37:30confident

37:30it

37:31will

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38:03and

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