Welcome to This Month in German, Swiss, and Austrian (GSA) Startups in June 2022 by Startuprad.io. My co-host is again Chris from New York. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in radio syndication with our very own station www.startup.radio, and our partner station IBGR.Network.
We recorded this new episode on Monday, June 27th, 2022. Keep in mind, that we will have a summer break and be back for you with another news episode on Labor Day, which is September 5th, 2022. In this episode, we will wrap up July, and August.
As always: All news not yet included here will be published in our next news episode in September.
We will also slightly change our publication schedule for this July and August, mostly going to one publication every two weeks. You can keep up to date with our Google Calendar for all publications.
Our highlights:
Startups in GSA also shedding headcount, including unicorns that recently raised money. All signs point towards them extending their runway, expecting a recession. Some startups face a challenging fundraising environment, but others like WeFox want to almost double their valuations. Also, Personio and Trade Republic raise additional funds.
In our “stay ahead of the curve” section, we have a lot of articles an entrepreneur should read to prepare for the potential downturn.
German economic minister Habeck is unveiling his new startup strategy, considering even a minimum investment in VC Funds for German insurers and pension funds.
The fast delivery startups seem to hit a wall and even formerly mighty Gorillas now explores strategic options.
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