WEBVTT

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Foreign

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Your podcast and YouTube blog covering the German

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startup scene with news interviews and

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live events.

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Hello and welcome back to our regular Startup news from the startup and

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tech entrepreneur scenes in Germany, Austria and Switzerland. This now is

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the day deep dive of our Startup News. It's the

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second part of our monthly news coverage. Our startup news

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is recorded with Joe joining from

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Frankfurt. Hey guys. And me

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still in my hotel room in Hanover. And still because

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we basically finished recording the first episode three minutes ago. Which

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you don't know because for you it's a couple of days later. Except

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if in the app you were listening to it after one after another and then

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also for you it's a couple of minutes later. Time is nothing

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but a construct. Today's News cut is October

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27th. As always, all news not included will be in our next news wrap up

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to be published November 27th. Coming to you for

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Thanksgiving Day. Welcome Back to part

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two of the October 2025 startup

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coverage. In part one we looked at

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some billion euro stories, NTEL 700 million climate tech

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financing tubules, record breaking 308 million series

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and N8N's 180 million euro automation

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round. We saw deep l edging towards an

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IPO in the US quantum systems targeting a 3 billion

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valuation and in general we saw defense

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tech gaining momentum across the DACH region.

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Now part two is looking at

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topics like where industrial AI meets energy

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optimization, where sovereign infrastructure takes shape

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underneath or below the radius radar, beneath the radar. And

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we see athletic Series a extension with Microsoft's M12

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Nexus has AI's 30

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million euro raise to build Europe's Switzerland for

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LLMs and a series of strategic mid stage financing in

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robotics, compliance and automation. So because

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in October 2025 the story isn't who raised the biggest

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check, but who's building the most defensible foundation

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for the next innovation cycle on the continent. Before

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we dive into all of this, a quick word about our sponsor.

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code blackfriday20 now back to the

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show where I'll tell you a little bit about housekeeping and type to

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brag. I actually found it pretty good

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to write subsect notes because they they are somewhere between

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a Twitter X post and a long

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LinkedIn post, but actually only to the people who really

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subscribe to you. And I've been writing a lot of those

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substack notes. For example about the handoff of Alep

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Alpha CEO via how Heilbronn is building

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it into an AI powerhouse backed by the billionaire behind the

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retail giant Lille Kaufland. And about the stock

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fiber connecting buildings in Germany with one of the major companies

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here cutting back and letting people go. This

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time I take over from Chris the Ecosystem

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let's talk about the world. Crunch based data shows AI.

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No surprise here and data infrastructure are dominating global

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Q3 2025 VC deals with Europe

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share with Europe's share climbing amid US

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lowdown for their founders, the cycle favors deep tech

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value chains over consumer apps. Let's

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jump a little bit into Europe. Business Insider could not

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see the notes. Europe's mobility startup recently

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outraised their U.S. peer, signaling strong

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investor conviction in EV, micro mobility and logistics.

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Given Dach's OEM Tier 1 base, this

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capital can accelerate pilots and joint venture

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commercialization in the region. Also,

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EU founders urged Brussels to cut startup

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bureaucracy totally in favor of that. Arguing red tape

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hinders scale versus US and Asia and slows capital formation.

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Timely as Europe crafts its startup scale up

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agenda. Dach policy shifts here would directly

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affect talent, visas, stock option rules and

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late stage financing. You can learn more on

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Hans Butt and our friends at Tech EU list

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Q3 2025's largest European seed

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droughts spotlighting again deep tech and AI. No

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surprise there I think going to Germany Here our

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old friend the IFO Business Climate index rose to

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88.4 points in October 2025,

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up from 87.7 in September,

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signaling a modest but consistent recovery in

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sentiment across German. Also,

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Germany's Made for Germany initiative announced 735

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billion in planned investments, spending, infrastructure, energy

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and tech. Chris is already shaking his head. I think it's a

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lot of reclassification of already planned investments. That

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and I mean those numbers. Nothing means anything

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anymore. I'm sorry I sound like a very old

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person, but okay, sure,

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€735 billion. Chris, I do believe

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we're Both old an echo Arthur D. Little study warns

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Germany's Internet economy is booming, but data center capacity

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could become the bottleneck. The Frankfurt

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Frankfurter Algemeine Zeitung, one of the largest papers in Germany.

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FAZ says Germany startup scene sees opportunity

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and US turmoil but still faces

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competitiveness and financing hurdles, implying a window

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to capture talent customers if domestic

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reforms land. Katharina Reiche

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CDU outlines a scale up agenda Deutschland v

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Startup factories and deeper capital markets union also

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Germany's startup monitor we'll dive deeper into that

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of course shows every second startup touches AI

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underscoring the dominance in product roadmaps and investor

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thesis. Business Insider outlined eight

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urgent actions the German government must take

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to to boost startups from tax simplification

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to stock option reform and procurement access, handing over

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to. Austria and Chris yes Reploid joined the

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Guards based pet food company Herozan, signaling

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continued angel and strategic interest in Austrian

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alternative protein ventures. And there are large

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fundraisings to report from Asia from

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Austria later in the news and also some monster funding

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for Swiss startups as well. Stay tuned and I was

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given like I was dealt a bad hand with this part because

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we're already back to you. Oh Chris, don't worry. Go ahead,

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do some news. I take over Deep Tech yes so.

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VC news and new funds. In case you are looking for money, it's always

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a section a well liked section of the

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podcast. So Chris come on admitted you only want to

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have it because it's sexy. I want money.

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Money make it rain. FTD reports a

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slowdown in private equity deals through the first half of

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2025amid high rates and valuations. That

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means longer exit timelines and tougher secondary markets for founders in the

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Dach region. EQT Ventures, it's the startup

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arm of Sweden's private equity giant, saw key personnel

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departures raising questions about their long term Dach investment

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continuity and now

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portfolio founders there are watching whether the reshuffle is signaling strategic

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slowdown in late stage funding. Handel's blood reports

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LP withdrawals and fundraising stress across European

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VC funds as interest rate regimes shift.

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Austrian VC Calm Storm Ventures

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closed a 30 million euro health tech fund

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to back early stage well being and digital medicine startups

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Lifeline ventures launched a 400 million euro fund

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six in the VI and the Latin

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VI for six, one of northern Europe's largest early stage

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vehicles targeting AI, climate and frontier tech.

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That is good news for daft founders seeking cross Nordic syndicates.

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468 Capital's future looks uncertain after leadership

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turbulence, says Manager magazine In general,

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stirring debate about continuity at one of Germany's flagships investors

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Sequoia is hiring aggressively in Europe, signaling long term commitment

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to the region's AI and infra plays. IBB

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Ventures announced the B Sharp fund

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so B not be just B and then

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sharp with 10

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million euros adding fresh early stage capital to Berlin's ecosystem

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probably, well, most likely with the focus on software, AI and climate tech

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specs capital launched 100 million euro health tech fund Back in

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clinical grade digital health across Europe,

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Maya Ventures unveiled 55 million

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euros for an agro agri food tech fund

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spotlighting EU priorities from soil to shelf.

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And that's it with the sexy part of the show.

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But that's a lie because I'm giving it back to you.

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We have to admit it's after 10. I really

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had to laugh Chris over here when you said you're still

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wide awake and you had the agro food checkpoint

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here. Yeah, I'm very agro. Anyway,

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Deep Tech News Alep Alpha founder Junas and

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truly stepped down as CEO, marking a leadership

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shift at Germany's flagship A ICE company

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that actually is no surprise to everybody who has followed our

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continuous coverage of Alabalpha. FHZ again warns of

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a growing dispute around next period as EU and

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German officials weigh export controls on system

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relevant chips. By the way, that's a chip company in the

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Netherlands taken over control by the Dutch government

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and they are responsible for a lot of chips for

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the automotive industry. So that means that can lead to production

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stops at OEM and automotive companies.

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But the thing is, the company is owned by, I do believe, a Chinese

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investor. Chris okay, yeah,

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talking about defense tech news here. The news piece only makes it

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into the defense tech news and not in the headlines because not a lot of

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funds will go to startups. Defense Minister

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Pistorius announces 3.5 billion space

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security budget launching Germany's Space Architecture

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initiative to boost satellite resilience and dual use R

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and D. Helsing AI unveiled its

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CA1 combat drone veteran

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VC Uwe Hostman has become CEO of

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Stark defense tech startup while he continues to

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serve as an active investor.

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Let's go a little bit to Chris and the biotech news.

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Biotech Fortra the Else Kroener Fresenius

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foundation launched funding of up to 4 million euro to

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support GMP manufacturing for new gene and cell

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therapies. Also a topic we're talking about quite often here.

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Bridging translational teams toward first in human readiness,

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Heartbeat Bio and Behringer

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Ingelheim formed a cardiomyopathy

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focused gene therapy alliance

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leveraging organoid discovery. It's another

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Austria, Germany access validating the

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cardiotherapeutics pipeline in the region.

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Yeah, I may say that cardiomyopathy is basically when

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a part of the heart is not really properly functioned. Very

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serious condition there is. And then Biontech,

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still famous from the COVID vaccine

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and with deep pockets of money that

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make sure that they might acquire Curevac, which was

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also a player in the COVID vaccination field.

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That is the German competition

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authority Bundeskartelamt allowed them to

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acquire it. And so the green light here has been reported

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consolidating Germany's

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mRNA, IP and talent pipeline.

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Now looking forward, it's less Covid obviously and it's

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more oncology that they are looking into. We

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already talked about the potential deal in last month's news and now it's moving

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closer to a final close. And

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if this part now has been all the fireworks

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right now, we will still move on with the

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aftershock that moves markets. Right after the break we will unpack

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the quiet power plays of October. Microsoft and 12

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backing analytics, Nexus, AI,

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robotics and defense. We see an IE4 uptick and

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735 billion euros for the made for Germany plan.

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All of this after the break. Stay tuned. Taking over from Chris

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here now with the fintech news, sifted reports.

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Scalable capital, originally a

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broker ETF ETF saving,

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ETF savings plan ETF platform from Munich has

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obtained a banking license allowing direct deposit and

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lending service beyond investment accounts sum ups.

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German founders are preparing a potential IPO underscoring

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the maturity in Europe payment payments and

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expanding the public tech peer group. A

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managed magazine comparison shows revolut

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now surpassing N26 in Germany by user count

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and transaction volumes. The result intensifies

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competition in your banking and precious N26

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long delayed profitability push

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green tech. Eins Kommer filed a competition

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complaint with the EU accusing the German government of

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disadvantaging distributed energy players

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through subsidy design. Chris, you want to do

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some general news? Yes, let's ride.

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Let's gallop through some of the general news.

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Unternementum, which kind of is like the German word for

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entrepreneurship but is also wordplay because the

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untanema is also like the founder. And Tum Tum is also

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the technical University of Munich

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Techno like the engineering

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university there. Anyway, Unternemetum's women's startup initiative

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launched a dedicated program to increase female founder representation

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across Munich's innovation ecosystem. They're

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offering mentorship, funding, access and visibility. Six

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German billionaires to know is an article that is

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on can be found at Business Insider. It's a little primer that

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reinforces the concentration of private capital shaping later stage

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deals and industrial pivots. Bitcoin

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reports two thirds of Germans want public sector applications

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handled by AI, indicating broad openness among

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German citizens for automation in administration.

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So I mean going back to what you said, like, I mean everyone likes the

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claim that bureaucracy will be like red tape might

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be cut, bureaucracy might. Be reduced and actually the big

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advantage would be you could do your filings also Saturday

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evening from the couch when you just have time, the AI

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processes it and says okay, you're good. Sure,

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in a perfect world. Germany's antitrust office

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opened proceedings against Temu,

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scrutinizing their potential abuses in online retail marketplace

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and D2C startups in D should

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watch remedies that might reshape acquisition and pricing dynamics

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on the trading platform. Reports indicate Meta and

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Apple are nearing an EU antitrust settlement related to

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DMI DMA issues potentially clarifying the store

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and data use rules. Half of Germans

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now read ebooks says bitcon, signaling

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durable digital content demand. And a new study

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in Forschung und Lehrer Research

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and teaching found that 87%

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of German startup founders hold university degrees, underlining the

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lining the academic bias in the dark region's

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entrepreneurial pipeline. So yeah, that's it with the general

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news now some creative destruction before we end on

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a high note. Let's do this fast. Heidelberg Pharma

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announces layoffs and pipeline cuts to conserve cash

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and refocused highlighting public biotech

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cyclicity and the shift towards partner first

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development in Dach Mini based startup Fan

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right that recently closed a multi million round

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is laying off 60% of its staff highlighting the fund

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versus sustainability tension as investors

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demand unit economic discipline. Sad news

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about our former guest Forzheim based Casablanca

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AI once featured in Hula Deluven has

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fight for insolvency amid tightening SAS

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margins and Chris, you want to end on a high note? I think

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there there's a lot. Maybe you just skim the highlights.

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Exactly. I mean as always we always say it. Keep in mind this is a

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small selection. This is just a couple of news where companies were able to

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attract some money and let me rattle off some of those

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energy vault raised US$300 million to

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build and operate gravity and battery based energy storage assets

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worldwide. Switzerland's Eco Robotics

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now totals 128 million euros to scale AI

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guided precision spraying that cuts chemicals and cost.

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It's an agritech export not an agrotech export

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as we have learned, Xeric's

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Anybotics lifted total their total funding beyond

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127 million euros to scale its X

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certified any mal inspection robotics

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for oil, gas, utilities and heavy industries

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Deal monitor says that high impulse that is H Y

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impulse 45 million euros BEES and

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bears 5 million euros plus Lilium asset sales

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highlights Aerospace restructuring Evidence of a

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capital flowing to space in early climate plays in the

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dark region Inspired in Vienna not

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inspired but inspired with an E in the beginning

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extended its series B to 40 million euros fueling

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AI powered power market trade trading.

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RBO From Germany raised $36 million

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in a Series A funding round to build an AI native holiday

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rental platform. Dash Zero, a German

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AI native observability startup secured US$35

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million in Series A funding to make monitoring for MLA

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and data workload simpler and self healing.

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RBO From Germany raised 31 million euros Desk

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Bird from Zangalin closed a

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23.3 million euro Series B funding

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round pitching hybrid work orchestration tools that optimize office

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use and employee

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experienced

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a 16 million euro Series A LED

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by Axelio Capital Green Tech Industry Fund to scale

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bacterial cellulose based biodegradable alternatives to

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microplastics including even a German production site. So that's an

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interesting founding story. Bastion Bastion

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closed a strategic Fundraise reported as

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$14.6 million to expand enterprise grade stablecoin

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infrastructure. Cartos raised 40 million

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euros in a series A to build Europe's compliance

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desk automating all those pesky

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standards that you've heard about. GDPR ESO,

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NIS2EU AIX for

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SMEs and scale ups. Part space secured around

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13 million euro to build a European marketplace for factory spare parts.

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Kiyutra from Munich K I U T r A

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secured 13 million euros to expand Cryogen

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free cooling systems enabling quantum and deep tech research and development.

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Stratif AI Strat not Stratify but

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Stratif AI raised 12.5 million euros

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led by Picos Capital to scale its Polaris AI

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biomarker platform. Kloken for Munster

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secured 10 million euros in a series A

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funding to expand its digital time tracking so it's not your

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clocking in but your clot clock in without the

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g in the end and Scantinal

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Photonics from ULM announced a new strategic investor to save it from

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insolvency in order to accelerate their long range leader for

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autonomous driving. Especially

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important since Ulm is in V in southwestern

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Germany which is also kind of the birthplace of the automobile.

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That's it with the exit rounds. And now just a tiny bit

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M and A before we wrap it up. Yes, sifted reports a

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Fintech and M and a comeback with strategics

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buying AI native and vertical finance

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platforms. Funke Digital acquired

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kitchen stories from BH Exp panning its content

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and commerce play in food media. Neura

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Robotics near Stuttgart announced the takeover of EK Robotics,

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creating a European automation powerhouse across

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AI cobots and intra logistics

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Deuts. Agen, known as a very traditional producer of

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tractors, is expanding into defense manufacturing through

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a new partnership signaling diversification of

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Germany's traditional industry base into dual use technology.

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Chris, there is still a lot stay ahead of the curve but I think

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we're done for the month, don't you think? Yeah, yeah, I

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feel behind the Curve. 24 pages of startup news

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pressured into your brain via our voices in

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less than one hour in two episodes. Guys, it was

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a pleasure. Thank you very much. Leave us feedback. How you like it, what

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00:25:00.820 --> 00:25:04.300
we can do better. And yes, we'll try our best to

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00:25:04.620 --> 00:25:08.300
read our scripts better but actually cut us some slack, please.

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00:25:08.300 --> 00:25:12.120
Please. It' now almost. It's now

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00:25:12.120 --> 00:25:15.560
almost 23 hours here and we're both

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00:25:15.560 --> 00:25:19.360
tired. Sometimes you need to cut a corner to stay

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00:25:19.360 --> 00:25:22.600
ahead of the curve. Totally, guys.

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00:25:23.000 --> 00:25:26.040
Be back on Thanksgiving. Bye bye. Bye bye.

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00:25:31.080 --> 00:25:34.680
That's all folks. Find more news streams,

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00:25:34.760 --> 00:25:35.890
events, events and

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00:25:35.890 --> 00:25:39.490
interviews@www.startuprad

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00:25:39.730 --> 00:25:42.610
IO. Remember, sharing is car.