• Blockchain Germany - By Startuprad.io

    This Month in German Startups – June 2020

    This Month in German Startups – June 2020

    Intro

    Today we are going to talk about German startups, in the process of producing vaccines for Covid19, the potential accounting fraud at Wirecard, startups in Frankfurt, Munich, Cologne and Berlin, and the 110th Birthday of Konrad Zuse, the inventor of the modern-day computer.

    Welcome to this month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

    Reach out to us

    Patreon

    If you like our podcast, consider supporting us on Patreon: https://www.patreon.com/startupradio

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

    The Video Interview is set to go live on Thursday, June 25th 2020

    https://youtu.be/xRNMoOSm28Y

     

    The Audio Interview is set to go live on June 30th, 2020

    The Audio Podcast will be published next week. Subscribe to our podcasts here

     

    Housekeeping – Time to brag 

    Now it is official, Startuprad.io passed several milestones. 

    1. We reached more than 200.000 subscribers for our podcasts alone! 206.014 as of today! We count subscribers, who return at least once in 7 days to our RSS feed over 90 days.
    2. We managed to score more than 1.000 days in podcast charts (iTunes, Stitcher, Spotify, and Chartable), actually, we made 1.026 days so far. https://www.startuprad.io/blog/startuprad-io-ranked-now-in-33-countries-and-1-000-days-in-podcast-charts/
    3. We now scored with PR China, Croatia, and Singapore in three more countries and now we made it in 33 countries in their respective podcast charts. We are also a steady member of chartable.com’s science and tech podcast charts, for the US as well as globally. https://www.startuprad.io/blog/startuprad-io-ranked-now-in-33-countries-and-1-000-days-in-podcast-charts/

    And again we have several interviews and blog posts for you. We will also have on July 1st our first live stream after corona. https://www.meetup.com/Startup-Couch-TV-Talks/events/271395382/

     

    Coronavirus / Covid19 

     

    Wirecard – This month’s top news in Germany

    Intro

    Wirecard is a company processing payments. The company works as an intermediary and guarantor between buyers and sellers and takes a commission on all transactions. They have about 5,000 employees and actually replaced Commerzbank (we will talk about them later) in DAX 30 (Germany’s equivalent of the Dow Jones Industrial Average 30). They are the first “fintech” to achieve this.

    The big problem now is that there are accounts missing, which should hold 1.9 bn Euros in cash. So these 1.9 billion are in their balance sheets, but they probably basically don’t exist. Let’s back up a bit, though.

    Find all the details in our dedicated Podcast recording (Audio, Video, and Blogpost):

    PODCAST News Wrap-up developing Wirecard story

    Ecosystem 

    • VC investments have declined by 20 percent worldwide due to the Corona crisis shows the latest report by Startup Genome https://buff.ly/3eoTdus 
    • There are approximately 900 fintech startups in Germany, of which almost 35% are headquartered in Berlin. No 2 are Hamburg and Frankfurt with 10.6% of the fintechs https://buff.ly/3egGH0v 
    • Ridepooling services are not looking good in Germany and the #coronavirus does not help. With a few exceptions no service provider generates profits and many backers may reconsider after the crisis https://buff.ly/3dopX6a 

     

    Startup Hubs

    #Frankfurt

    • Commerzbank is not really known across Germany as a big fintech investor. But this story tells how they invested in Marqeta via CommerzVentures. They invested in a 25 mn US$ round and now own (yes, there is some guesswork involved) approx. 3.5% of the company, now valued at 4.3 bn US$ – which leads to their share being valued at approx. 150 mn. This assumes CommerzVentures did not sell any shares in the meantime https://buff.ly/3dvn7gw
    • Bryter, a software toolbox – with locations in #Frankfurt, #Berlin, and #London raises 14 min Euros #VentureCapital https://buff.ly/2MrmN6m 
    • Wingcopter Awarded as Technology Pioneer by World Economic Forum – sUAS News – The Business of Drones https://buff.ly/2Azw8Hi 

    #Aachen

    #Munich

    #Cologne

    • Ford-owned Spin scooters head to Europe, starting with Germany with Cologne, Essen, and Dortmund – TechCrunch https://buff.ly/3dS2PxN

     

    Companies 

    • Researchers find exposed data on millions of users of #Berlin-based quiz app, TVSmiles – TechCrunch https://buff.ly/36ZotgX 
    • Klarna partners with Raisin to open savings accounts in Germany https://buff.ly/2BWujEy
    • Former Rocket Internet Managers start 468 Capital, a 170 mn Euros #deeptech #VentureCapital fund https://buff.ly/3d9zSMA
    • There is still life in the German-speaking startup scene. Proof here the #VentureCapital investments (in chronological order)
      • Homeday raises €40 million from Axel Springer and others for its hybrid real estate brokerage service – @tech_eu https://buff.ly/3hxYfXH
      • Berlin-based Contentful secures €71.3M funding to accelerate expansion; ropes in new CMO | @SiliconCanals https://buff.ly/3dc2k0l 
      • 83North, Microsoft|s M12 and Next47, Paua Ventures, EQT Ventures and Atlantic Labs invest 26 million Euro #VentureCapital in Wandelbots, a startup which has a tool to code for industrial robots https://buff.ly/3htkkXD #manufacturing #Germany #startups 
      • Berlin-based #fintech scale-up @smava secures €57 million in financing to maintain growth through economic downturn – @tech_eu https://buff.ly/36D3m47 
      • German #Healthcare #Jobs Startup Medwing Wins $30m Series B Round — Red Herring https://buff.ly/2AinHPW
      • Swiss SME Lending Startup Teylor Closes CHF 8 Million Funding / Expands to Germany https://buff.ly/30rMbBb
    • Sennder, a #Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. https://buff.ly/3cJZpMd 
    • Vivid Money: How this new German #mobile #banking startup plans to challenge fintech moguls | @SiliconCanals https://buff.ly/37HGX62

     

    Happy 110th Birthday to Konrad Zuse

    Konrad Zuse was born on June 22nd, 1910. His greatest achievement was the world’s first programmable computer; the functional program-controlled Turing-complete Z3 became operational in May 1941. His company built more than 250 computers between 1949 to 1967 in Hessen. It was sold to Siemens in 1967.

    Zuse died on 18 December 1995 in Hünfeld, Hesse (near Fulda) from heart failure.

    https://en.wikipedia.org/wiki/Konrad_Zuse

     

    See you in September! We will be back with "This Month in German Startups" 
    with a summer news wrap-up end of September 2020. Enjoy your summer!

     

    Stay Ahead of the Curve

    This Month in German Startups – May 2020

    This Month in German Startups – May 2020

    If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recordings and the articles we are quoting from there. Some of the source articles are in English, some are in German.

     

    Reach out to us

    Patreon

    If you like our podcast, consider supporting us on Patreon: https://www.patreon.com/startupradio

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

    Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as an audio and video podcast. Yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here: 

    Video Recording – YouTube (the video will premiere on Thursday, May 28th 19.00 CET / 1 pm Eastern)

    https://youtu.be/Yu_rojiz9mw 

     

    Housekeeping – Time to brag 

    • The current situation looks a bit better, so we feel ok with a tiny bit of bragging 🙂 We made it in Russia’s Apple Tech Podcast Charts (up to #121) and PR China Apple Tech Podcast Charts (up to #485). This gets the total to 30 countries!  We are also now on Patreon. If you like your podcast, become a patron! (www.patreon.com/startupradio)
    • We published again some cool interviews, where we wanted to highlight especially this month’s interview with IDA, where we talk to the CEO and Co-Founder Hamedo Ayadi of Intelligence Data Analytics. At the start of the coronavirus outbreak, 70% of their employees worked related to aviation, which was completely stopped by one phone call. He tells the story of how they changed strategy fast to survive: https://www.startuprad.io/interviews/ida-pivoted-fast-during-corona-before-70-of-their-employees-worked-with-aviation-companies/ 

    Coronavirus / Covid19

    • German government approves the corona aid package for startups. A two billion fund will add to private funding from the package (30% private, 70% public) this is called „Corona-Matching-Fazilität“ (CMF). The package was put together quite fast since the first announcement has been in mid-April. https://buff.ly/2zFr4jL There will be another pillar, called “Startup-Schutzschild” (startup shield), which will assist the instruments of Germany’s 16 states for startups, who have no backing by investors yet. 
      • Related we found news about two of the measures of single states: 
      • Bavaria: LfA sets up a new loan program for small and very small enterprises – Munich Startup https://buff.ly/3c3MBkp 
      • Hamburg: They call their program InnoStartup – Hamburg Startups https://buff.ly/2zPOLpp (some more information in the Hamburg Hub section)
    • Corona cases in Amazon logistics center in Winsen, Germany: Verdi demands to close the location https://buff.ly/3dipDGb
    • German unicorns like Dreamlines, Flixbus, Getyourguide, Homelike, Hometogo, Omio, Tourlane and Trivago write an open letter to Google to get 75 mn € advertisement money back https://buff.ly/3f2rFMF  the letter is also signed by the head of German startup association
    • 50% of startups have 6 months to live & other insights from our COVID-19 survey – Slush https://buff.ly/2Z6J0hG 
      • Highlights:
      • Startups will need to raise funds at any cost
        • The importance of networks at a new high
        • Recruitment at a halt, but existing staff is largely kept on
        • Remote work is taking a toll “ Working from home has put a strain on startup employees.”
        • As sales drop, new winners are emerging “B2C startups are doing better than those selling B2B, and pure D2C companies have actually experienced a net increase in sales.”Good news: (Chris)
    • KML Vision is an #AI startup from Graz, Austria. It claims, it’s software could recognize Covid-19 on x-ray pictures https://buff.ly/2SA3MT3 
    • In a podcast, Marc Cuban “Why Coming Out of The Pandemic Will Be The Best Time In The History of Mankind To Start A Business” https://buff.ly/2A5ujBd 
    • He was also guest on the show of our friends at “Remote Daily”, a format building a nice business community via daily Zoom calls. There he spoke about leadership in times of crisis. https://www.youtube.com/watch?v=QcO-HmOZpv4 
    • German online grocery store food.de sees the big impact of #COVID19 on its business. They signup increased 25fold https://buff.ly/2yDt8sg 

    Affiliated Links

    • Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
    • Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

    Ecosystem 

    • German Venture Capital Barometer sets a new record low due to #Coronavirus. All indicators in the red. The business climate index for the German VC scene is calculated by the German VC and PE association (BVKAP) and KfW, the government-backed development bank https://buff.ly/2TBBfg5 The quoted specialist finds it likely the VC investors will focus on their portfolio and not make significant new investments 
    • VCs in Germany only finance 8% of startups co-founded by women.  That is 17% of their investments https://buff.ly/2YA04MP 
    • Startups banking in Germany: According to a recent analysis, approx 5% of startups in Germany have a bank account with neobank Penta. The younger the startup, the more likely they are to bank with a challenger bank. The share of established players with newly founded startups is shrinking fast, especially the share of Deutsche Bank, Commerzbank is holding up well. From the established players the German thrift organizations (Sparkassen) are the leaders in startup banking, but they are 385 institutions. Also, the Volksbanken, cooperative banks, are doing pretty well. The Volksbanken and Sparkassen are usually the only banks of which you will find branches outside of larger cities.  
    • More than 50 companies now have permits to trade in medical cannabis in Germany. This crowding leads to a decline in revenues, from „six-digit a month“ to „five-digit a month“ https://buff.ly/3ecdB1V 
      • Related:
        • More cannabis news: Deutsche-Startups has a list of 13 startups, headquartered in Germany working in the market https://buff.ly/3fMwJoI they only forgot Frankfurt-based cansativa https://buff.ly/2VT3gQT, the startup was the reason for a partial lockdown of the city, as they started out because their super-secure warehouse gave a false alarm. 

    Hubs

    This time we have to show a bit more on the less known places, where still interesting startups exist. As you know we like to highlight that here. Note on this section: The order of the articles and hubs is in the order we found them – no other particular order. 

    #Frankfurt (Rhine-Main)

    • The app Aliah supports communications in the hospital and takes away some of the burdens of the medical personal https://buff.ly/2KCssG2 
    • There is a webinar for the STEP program of the German-American Chamber of Commerce in New York City, which enables German startups to make a first “step” to New York. It will take place on June 30th form 14 – 15 CET. You can register here and startups from Hessen can apply for 1.500 Euros funding https://buff.ly/2ADFBg7 
    • Aareal Bank, Wiesbaden-based bank specializes in property financing, wants to sell shares in their IT subsidiary after pressured by an investor https://buff.ly/3dXeJGi

    Also Rhine-Main Area: Mainz

    • There is still business going on during Corona. Mainz-based Mailtastic (a GDPR conform marketing platform) completes exit („seven digits“) to New York-based Cognism https://buff.ly/2X5DpWl 

    #Munich

    • Seven digit Venture Capital investment for Erium, which helps to minimize errors in #manufacturing processes – Munich Startup https://buff.ly/2W20o5r 
    • Wikimedia Germany starts an accelerator program called Unlock in #Munich. All startups working towards an „open knowledge society“ can apply https://buff.ly/2zQ2Cw8 

    #Hamburg

    • Hamburg-based YogaEasy is booming like Netflix – Hamburg Startups https://buff.ly/35vGNO1  
    • Hamburger Corona Soforthilfe (HCS) is seen as a great success. Of the program 25 mn € are earmarked for startups (HCS InnoStartup), which already approved 2.3 mn Euros  https://buff.ly/2Xe1079  

    #Hannover

    • There are still startups founded during corona. Deutsche-Startups highlights 7, including one from Hannover https://buff.ly/3c2ELHz

    #Göppingen (close to Stuttgart) 

    • Permira sells TeamViewer shares worth $1.1 billion – Reuters
      The PE investor bought the German startup outright and listed them later at the Frankfurt stock exchange. Now they sold approx 20% of their stake https://buff.ly/36dV5Dd 

    #Düsseldorf

    #Zürich

    #Potsdam

    • German startup Flightright (a startup getting buying passenger compensation claims) sues Lufthansa due to open refunds https://buff.ly/36e5YoP 

    #Nürnberg

     

    Companies 

    • EIT Digital Challenge is looking for fast-growing European ‚deep-tech‘ companies, handing out 350k in prizes https://buff.ly/2wJwAKR
    • N26, #Berlin-based #fintech unicorn
      – felt first impact (lower transactions) in march
      – in April they sent 150 employees in government-backed Kurzarbeit (10% of their global workforce)
      • now they raise 100 mn US$, with a „steady“ valuation of 3.5 bn US$.  https://buff.ly/3b9dEtm 
        The news comes from the Vienna / Austria-based blog DerBrutkasten.at, they are usually very good, since both remaining founders are natives of Vienna (Valentin Stalf and Maximilian Tayenthal)  and moved with N26 from there to Berlin. The blog further speculates that the increase of their Series D (now 570 mn US$) – 1 ½ years after their initial Series D round –  suggests a short term need for the money. 
    • One of the former founders of #Berlin-based #todolist darling Wunderlist announces a new productivity app called Superlist https://buff.ly/3c8mE31 
    • Soundcloud founders start with a new mobility startup https://buff.ly/2YnMfB1
    • Porsche Invests in Berlin-based Blockchain Startup to develop Platform for Vehicle Management https://buff.ly/2WglSvr 
    • Jumia (started by #Berlin-based Rocket Internet): The e-commerce start-up that fell from grace via BBC Africa
      A year after its much-heralded debut on the New York Stock Exchange, e-commerce start-up Jumia has shut down in three African states, struggled to turn a profit and got dumped by its original owners,  https://buff.ly/2VNqclA?utm_source=-custom-by-source-0-
    • #Berlin-based „B2B Food Group“ with brands like Caterwings, Lemoncat, Monbanquet, and OrderIn retreats from the German home market as a consequence of #Covid19, to focus on other markets https://buff.ly/3d4kVw4 

     

    Stay Ahead of the Curve

    Learn from an Indian-born entrepreneur, who raised 35 mn Euros Venture Capital in Germany (2/2)

    Learn from an Indian-born entrepreneur, who raised 35 mn Euros Venture Capital in Germany

    „Hessen is the natural home for startups and entrepreneurs“
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     The Enabler of our Interview

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

    Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here: 

     

    The Startup Founder

    Our interview partner is again Gunjan Bhardwaj (https://www.linkedin.com/in/gunjan-bhardwaj-b321a32/), not the actor. He is a former EY and BCG consultant, as well as a TED speaker. He likes to work a lot, so he is also the author of the book “Inside the Cockpit: Navigating the Complexity of Drug Development with AI and Blockchain” (https://amzn.to/2QYI1eL). 

    “Frankfurt … it is the center of Europe, it is so super connected.”
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     

    Patreon

    You can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.

     

    „Everybody has to chart his or her own course. I am a deep believer in instinct.“
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    Interview Part 1

    This is part two of a series of interviews with Gunjan. You find part one of our interview here:

    https://www.startuprad.io/blog/meet-innoplexus-the-startup-which-fights-all-diseases/

    “… but I also have to say that investors in this part of the world look at the long term picture … but once they are convinced, they are partners for the long term”
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     

    One Day Commute to New York

    One of the things Gunjan likes about Frankfurt is its great connectivity. With the connections of Frankfurt Airport (IATA Code FRA, therefore know as Fraport) you can get on a plane, meet in New York in the afternoon and be back in Frankfurt early the next morning https://en.wikipedia.org/wiki/Fraport

     

    Germany is one of the best places to start a company.
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     

    Advice in Fundraising

    Innoplexus counts among its investors HCS (https://www.crunchbase.com/organization/hcs-beteiligungsgesellschaft), as well as Christian Angermayer of Aperion (https://www.crunchbase.com/person/christian-angermayer), as well as EOS VC (https://vc.eos.io/partners/finlab/), the venture capital arm of Block.one.  According to a report by FAZ they have already raised 35 mn Euros and are looking for 40 million more (https://www.faz.net/aktuell/wirtschaft/unternehmen/start-up-innoplexus-ein-google-der-pharmabranche-16473990.html).

     

    „No funding event is easy, but what is easy in life?“
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     

    Gunjan strongly recommends doing your due diligence, he likes to quote one of his teachers who said that assuming means „making an ass of you and me” 😊. He recommends you agree with your investor on a vision for the future of the company. The personal chemistry between an investor and a founder is especially important as well. It is especially important to have a heart to heart conversations with your investors because there will always be difficult times. A founder requires a very honest conversation in difficult times and a common vision and good personal chemistry help.

     

    „You should be very factual; you should question everything.“
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     

    The Video Interview is set to go live on May 21st  19.00 CET (1 PM Eastern, 18.00 London)

    https://youtu.be/gE7hjWy-7pU

    May 21st is in 2020 also a public holiday in Germany – Ascension Day. This is also the day, where in Germany Father’s Day is celebrated. So happy Fathersday to all Fathers out there!

    Note on German customs: Ascension day is calculated according to the moon calendar and therefore not on a fixed date, but rather a Thursday in May.

     

    There is a very serious startup culture here in Frankfurt
    Gunjan Bhardwaj – Founder and CEO Innoplexus

     

    Further Readings / Resources

     

    Feedback

     

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

    CASHLINK is a Tokenization Platform for Venture Capital

    The interview was originally published on June 13th 2019 on www.startuprad.io

    Media Partnership

    This interview is in media cooperation with Frankfurt Forward (https://www.frankfurtforward.com/startups/cashlink).

     

    In a startup with three founders, one is only focused on raising venture capital.
    Michael Duttlinger CEO and Co-Founder of CASHLINK during the Startuprad.io Interview

     

    The Interviewee

    In this interview, we are talking with Michael Duttlinger, who is Co-Founder and CEO of CASHLINK. CASHLINK is a tokenization platform for startups, where they can tokenize phantom shares.

     

    We want to reduce the time a founder spends on raising venture capital.
    Michael Duttlinger CEO and Co-Founder of CASHLINK during the Startuprad.io Interview

     

    The Startup

    You can learn more about the technical aspects and what CASHLINK does in our audio-only podcast here: https://www.startuprad.io/interviews/cashlink-wants-to-digitalize-venture-capital/
    Due to the recent interview with CASHLINK we focus more a bit on the German VC scene, rather than the startup itself. You can learn a lot about the functioning of the German VC market during this interview.

    We thought: Venture capital can be more flexible and easier.
    Michael Duttlinger CEO and Co-Founder of CASHLINK during the Startuprad.io Interview

    Further Reading

    During the interview we are talking about:
    • Rhine-Main-Area: https://en.wikipedia.org/wiki/Frankfurt_Rhine-Main
    • RhineMain.vc: https://rheinmain.vc/ or go directly to the Medium blog: https://medium.com/@RhineMainVC
    • Handelsregister (Germany’s company register): https://en.wikipedia.org/wiki/Company_register

    👉 If you enjoy this episode please like and share it.
    👉 Don’t forget to subscribe to this channel for more updates
    👉 Subscribe now on YouTube: https://goo.gl/WUfTL4

    Thank you for watching this video.

    © Startuprad.io – All right reserved

    Mainstage Incubator helps to build World-Changing Startups right in the heart of Europe

    We called our initial offering “Sales as a Service.”

    Swen Wegner, CEO and Founder Mainstage Incubator

    Mainstage Incubator helps startups to conquer Europe

    Whether your startup is from India, Bangladesh, Brazil, the United States, Argentina, Korea, South Africa, or even New Zealand, you can start exploring the German and European Market with the digital program of Mainstage Incubator.

    The Founder

    In this interview, we are talking to Swen Wegner (https://www.linkedin.com/in/swenwegner/), Founder and CEO of Mainstage Incubator (https://www.mainstage-incubator.com/), which is a relatively new incubator headquartered in Frankfurt, in the heart of Europe. Swen is half Indian, half German, and spent parts of his life in both countries. He spent his time in India for example in Kerala (https://en.wikipedia.org/wiki/Kerala).

     

    The interview was remotely recorded during a time of partial lockdown in Germany, due to Covid19.

     

    In the past, he has worked for large multinational corporations, as well as small startups. He refers to a “founder you may know” to Emboled.io (we interviewed the founder Vishal Ray, at this time they were still called Acellere). You find both interviews, dating back to March 2019 below:

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    The Incubator

     As a pilot we positioned some Indian startups to German corporates.

    Swen Wegner, CEO and Founder Mainstage Incubator

     

    Mainstage Incubator is a distributed company. They have offices in Frankfurt, Germany, and India. They stared out, presenting Indian startups to German corporate customers. Now they help startups from all over the world to present themselves to German customers, to bridge the cultural gap.

    Their goals are

    1. To find clients in Germany, and from here in Europe
    2. The ultimate goal is to bring international startups physically to Germany, so they can expand all over Europe.
    3. Bring startup from Germany to India

    The Mainstage Incubator already signed partnership agreements with Argentina, Columbia, Japan Bangladesh, Sri Lanka, Nepal, and now the United States.

     

    Apply here for the Mainstage Incubator

    You can apply to the Mainstage Incubator right here https://bit.ly/ApplyMainstage

     

    The Video Interview is set to go live on May 5th, 19.00 Frankfurt Local time (18.00 London, 1 pm New York, 10 am San Francisco)

     

    We are still experimenting with time zones. Let us know which publication time you like best in the feedback link at the bottom end of this post.

     

    https://youtu.be/Djd8wp8gC10

     

    We give the Indian startups hints on how to wrap up a meeting with a German corporate in 30 minutes with a sale.

    Swen Wegner, CEO and Founder Mainstage Incubator

    Here you find the audio-only podcast of our interview – Subscribe so you won’t miss another episode

    The interview will be published across our podcasts during the early morning of May 7th, so you have your episode on your device for your commute or morning coffee the next morning.

    You can subscribe to Startuprad.io here:

    The interview ill be published in our Sub-Podcasts below:

    Further Listening

    Interviews with Swen’s former boss, he refers to Vishal during the interview. At the time of posting this interview, the startup has still been called Acellere, now it is known as embold.io

    Part 1

    https://open.spotify.com/episode/1zRYH6BiIpt11q1VMmZijc

     

    Part 2

    https://open.spotify.com/episode/1FsjoycmtJZFSdj6jtKNL0

     

     

    Further Readings / Additional Resources

    Indian stretchable time https://newint.org/features/2019/06/19/view-india

    Dach Region: https://en.wiktionary.org/wiki/DACH

    ADAC (German roadside assistance): https://en.wikipedia.org/wiki/ADAC

     

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