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This Month In German, Swiss, And Austrian (GSA) Startups - May 2023 | Episode #385

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Welcome to our May 2023 wrap-up with important news from the startup scenes in Germany Austria and Switzerland in 30 minutes or less We follow our top-down structure in the news First the top news then we look with a bird s eye view at the startup ecosystem in the German language countries dig deeper by looking at exciting startup cities and end with general news And for those serious about startups there is even a collection called Stay Ahead of the Curve where we share in-depth reads articles studies and podcasts Our next news episode will be published on June 29th and then we are – for the news – in summer break Our Highlights Germany is now officially in a recession but one with barely any unemployment Also we still track many startups going out of business BUT the overall picture is improving The German VC and PE Barometer – which captures the mood of many German investors – is showing an uptick This shows especially in the massive amount of new funds raised they promise a bright future for startups We tracked at least 3 4 bn Euros of newly raised funds which will be invested entirely or partially in startups in Europe and GSA Look at our medium blog we have more information on what the investors are looking for and how to pitch them We also have investments and exits worth at least 5 4 bn Euros and news in this episode including WeFox Tier Mobility Infarm Blinkist Bitpanda Aleph Alpha Sono Motors and many more Let s talk startups Find all links and the other news here https medium com startuprad-io this-month-in-german-swiss-and-austrian-gsa-startups-may-2023-episode-385-87fd564d483aTune in to our 24 7 Tech Entrepreneurship Internet Radio Station nbsp here www startup radioSubscribe HereFind all options to subscribe to our newsletter podcast YouTube channel or listen to our internet radio station here https linktr ee startupradioOur EnablersThis recording is supported by HTAI and the Enterprise Europe Network nbsp HessenLook for our dedicated sub-podcast in partnership with them Tech Startups Germany on our https linktr ee startupradioStartupraven comThe best way to identify investors and cooperation partners for early-stage startups Sign up for early access here https startupraven com Top NewsDeal or No nbsp Deal Getir is in talks to take over German grocery app rival Flink Financial Times But then Flink s sale to Getir fell through Now Flink is raising 150 M from investors including grocery giant Rewe and Doordash Tier Mobility to Merge with CompetitorEuropean e-scooter giant Tier Mobility maps route to merger Will Infarm Be Soon nbsp Outfarm Infarm keeps shrinking and is leaving Europe reports Handelsblatt The greenhouse startup reportedly has only 80 employees in Europe left and will get an investment at an unknown valuation for their relocation – likely to the Middle East with low energy prices Blinkist Makes a Large nbsp Exit Berlin-based startup Blinkist is sold to Australian education startup Go1 for an undisclosed amount reported to be hundreds of millions Blinkist offers short wrap-ups of nonfiction books as text or audio Large Drops in Valuations are Not Only for Click here to visit this podcast episode

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