• Startuprad.io - Startup Podcast from Germany

    KONVOI Helps with AI and Sensors to Prevent the Theft of Truck Cargo

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    KONVOI Helps with AI and Sensors to Prevent the Theft of Truck Cargo

    Each year cargo is stolen from at least 26.000 trucks each year in Germany, worth 2.2 bn Euros.
    Heinz Luckardt, Co-Founder KONVOI

     

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    … there is organized crime stealing from parked trucks. … We want to be preventive, before the theft happens.
    Heinz Luckardt, Co-Founder KONVOI

     

    Media Partnership

    This podcast is in media partnership with the Hamburg-based startup blog Hamburg Startups (https://www.hamburg-startups.net/). They keep you up to date on the local startup scene in Hamburg, they organize regular events (in normal non corona times) AND they do have a special section on food startups as well. Even if you are not able to speak German, a visit with an auto translate is worth it, since they also have an extensive directory of local startups on their website.

     

    Our solution will be a combination of hardware and software.
    Heinz Luckardt, Co-Founder KONVOI

     

    The Founder

    In this interview, we talk to Heinz Luckardt (https://www.linkedin.com/in/heinz-luckhardt-a77a351a0/), Co-Founder of Hamburg-based startup KONVOI. He is originally from Frankfurt, but his studies took him to Hamburg University, where he met his co-founder. But Heinz has already traveled the world, he studied in Milano (Italy), he has been a sales intern in India, as well as working with Fraunhofer Institute. At Fraunhofer, he was working on salt-based 3d printing.

     

    The vision is later to go deep into predictive analytics, like generating heatmaps for truck thefts.
    Heinz Luckardt, Co-Founder KONVOI

     

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    The Startup

    The startup was set up already in times of corona, in October 2020. Theft of truck cargo, literally from the back of a truck, is a big problem for the trucking companies, as well as all companies using this mean of transport. So KONVOI (https://www.konvoi.eu/) provides a combination of hardware and software to prevent these thefts. Right now, they are working on the first step of the solution, but the vision is to go deep in predictive analytics.

     

    We are looking for innovative trucking companies in Germany, to give us feedback.
    Heinz Luckardt, Co-Founder KONVOI

     

    Venture Capital Funding

    KONVOI is currently not actively looking for external investors. They are currently on a government grant, funding the company at least until end of 2021.

     

    We are not focusing on one technology. We are working with radar, as well as ultra-sonic sound at the moment.
    Heinz Luckardt, Co-Founder KONVOI

     

    The Audio Interview

    You can subscribe to our podcasts here

     

    Further Readings / Additional Resources

    Milan, Italy https://en.wikipedia.org/wiki/Milan

    Frauenhofer Institutes are organized in the Fraunhofer Society: https://en.wikipedia.org/wiki/Fraunhofer_Society

     

    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

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

     

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    PaceUp Invest Helps Women to Create and Manage Wealth – Founded by a Woman

    PaceUp Invest Helps Women to Create and Manage Wealth – Founded by a Woman

    90% of the clients of robo advisors in Germany are still men. This has not changed. The interfaces look all the same. They are not targeting women properly.
    Rukayyat Kolawole, Founder and CEO PaceUP Investment

     

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    The Founder

    Rakuyyat Kalowole (https://www.linkedin.com/in/rukayyat-modupe-kolawole-cfa/) is originally from Nigeria but had already very interesting life. Since her regular visits to her grandmother, who was an active trader, she is fascinated with the fast pace of trading in capital markets. She studied at Georgetown University in the US, Tongji University in China, as well as Mannheim Business School in Germany. Being fascinated by capital markets all her life, it comes as no surprise, that she joined Goldman Sachs in London, as well as Bloomberg in Reuters in London as well.

    When she relocated to Germany, to study in Mannheim, she also set up a shop there with her hybrid Robo advisor for women.

     

    Affiliate Links

    Why not learn from entrepreneurs and executives who are open to sharing their favorite books. We skimmed through some recommendations and that is what we found.

    • Recommended by: Bill Gates
      “Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB
    • Recommended by: Jeff Bezos
      “Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe
    • Recommended by: Elon Musk
      “Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw
    • Recommended by: Tony Hsieh
      “Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ
    • Recommended by: Warren Buffet
      “Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06
    • Recommended by: Tim Cook
      “Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn

     

    On our platform there will be a lot of impact investing, so women can choose how they want to invest according to their values and needs.
    Rukayyat Kolawole, Founder and CEO PaceUP Investment

     

    The Startup

    PaceUp Investment (https://www.paceupinvest.com/) is a hybrid Robo advisor headquartered in Mannheim Germany. We have talked about Mannheim before, but a short wrap-up: It is the only city in Germany set up in squares. Mannheim is the first city in the world, where a car drove (Carl Benz lived close by https://en.wikipedia.org/wiki/Carl_Benz) and the place where the world’s first electric elevator was installed here in 1880 (Werner von Siemens).

    Rakuyyat set up her company PaceUP here to help women build wealth with a hybrid approach, combining remote investment advice with a Robo advisor. PaceUp provides women the tools to understand the basics. Then they offer advisory and coaching, before investing with their Robo advisor.

    Full service with License

    PacUp will be able to offer its full service only after regulatory approval. They are currently looking at Q4 2021 or Q1 2022 to go live.

    PaceUp on Social Media

     

    Venture Capital Funding

    PaceUp is currently funded by an angel investment in combination with a government grant of the state of Baden Wurttemberg. They will start their next fundraising soon, looking at 900k €.

     

    When I got in a bank to get a mortgage to buy my first apartment, my bank advisor asked me “where is your husband”. … other women had similar experiences
    Rukayyat Kolawole, Founder and CEO PaceUP Investment

     

    Further Readings / Additional 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

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

     

    Follow us

    Instagram https://www.instagram.com/startuprad.io/

    LinkedIn https://www.linkedin.com/company/4837115/

    Twitter https://twitter.com/startuprad_io

    Newsletter: https://startupradio.substack.com/subscribe

     

    Keep Up to Date

    Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ

    This Month in German Startups – February 2021

    You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio

    This Month in German Startups – February 2021

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City and me Joe, from Frankfurt am Main. 

    Today we are wrapping up February 2021 for you. There is great news in the German startup scene, the much anticipated Auto1 IPO generated two new tech billionaires, Europe’s first Tech SPAC lists in Frankfurt, more Wirecard details, we talk about Trade Republic and Gamestop, as well as the billion exit of Berlin-based AdJust.

     

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    Keep Up to Date

    Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ

     

    Affiliated Links

    Why not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.

    • Recommended by: Bill Gates
      “Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB
    • Recommended by: Jeff Bezos
      “Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe
    • Recommended by: Elon Musk
      “Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw
    • Recommended by: Tony Hsieh
      “Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ
    • Recommended by: Warren Buffet
      “Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06
    • Recommended by: Tim Cook
      “Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn

     

    Housekeeping – Time to brag 

    Stay safe everyone! 

    In the meantime you can tune in to our internet radio station, the worlds first 24/7 dedicated to startups and tech companies! https://s2.radio.co/sb16d65602/listen – We will soon be available on many platforms, for now:

     

    Top News

    We have two new tech billionaires

    • The IPO of Auto1 went spectacularly well and skyrocketed on the first day of trading on February 4th, surging 45%. We took a look at the data and realized that this was the first tech IPO in a long time that generated new tech billionaires in Germany. 
    • Bloomberg: SoftBank-Backed Auto1 Soars in Debut After $2.2 Billion IPO https://buff.ly/2YLTm5j
    • Reuters: UPDATE 2-AUTO1 shares go into top gear in Frankfurt debut https://buff.ly/3pLaOSm
    • Read more in our blogpost here: At recording this Auto1 IPO turns founders into billionaires https://buff.ly/3oY45EA  
    • Related: The story from the side of one of their first investors: How VC fund DN Capital invested in car marketplace Auto1 8 years ago and landed an $8 billion IPO winner https://buff.ly/3abVPMO 

     

    N26

     

    Trade Republic, Reddit and GameStop

     

    iCar

    • Porsche’s Cayenne Boss Dr. Manfred Harrer (48) is hired by Apple. He was rumored to be one of the best engineers in the company. 
    • Is the iCar around the corner? https://buff.ly/36x2SNM

     

    Game over for Mapify?

    • Founders of Berlin-based traveltech Mapify “the Instagram of travel“ give up „evaluating options.“ Their current investors include Lakestar and Atlantic Labs https://buff.ly/39BbzZp  (We will come back to Lakestar, keep them in mind).

     

    AdJust Exit for 1.2 bn US$ (990 m Euro)

    • AppLovin buys Berlin-based mobile marketing company AdJust and pays 1,2 bn US$ https://buff.ly/3pQCm9P according to Deutsche Startups, who published the price
    • Related: Apploving said to acquire Berlin-based Adjust in a 1 bn $ deal https://buff.ly/2NVhrV2 

     

    Wirecard 

    We keep you updated, just a small selection of news here.

    Keep in mind there is still an investigative committee ongoing.

    • Deutsche Bank fires supervisory board member Schütz over email correspondence with Wirecard CEO Braun https://buff.ly/3tGjs7Q
    • German finance oversight BaFin places one employee on leave due to internal investigations in trading in Wirecard shares before the scandal became public https://buff.ly/2YywIgG
    • Germany’s highest court ruled that EY auditors have no right to refuse to give evidence, now the parliamentary committee will invite the auditors and EYs CEO for Germany https://buff.ly/3s01zzi 

     

    The Digital Euro

    ECB keeps working on digital Euro. Italien central banker said the ECB is looking at the digital Euro for their instant payment system „Target Instant Payment Settlement TIPS“ as a first step https://buff.ly/3ji4xMJ 

    The Audio Interview

    You can subscribe to our podcasts here

     

    Ecosystem 

    • Why we need to start looking at Europe as one tech ecosystem https://buff.ly/3cdZWJU  
    • It’s IPO time! Here are 30+ European tech companies most likely to go public this year great list by Tech_eu https://buff.ly/39lB3de 
    • including German startups Auto1, SUSE, Mister Spex, About You and N26
    • What U.S. Startups Get Wrong About Expanding into Europe https://buff.ly/3rIR5EA 
    • Iconiq Capital, the US investment firm backed by Silicon Valley elites like Mark Zuckerberg, is expanding to Europe https://buff.ly/3anUdj4 

     

    Hubs 

    Note: The order of news and cities is only due to the time when we discovered the news.

    Heidelberg

    • Aleph Alpha, Heidelberg-based AI startup raises 5.3 m Euros (6.4 m US$) from investors LEA Partners and #Berlin-based 468 Capital https://buff.ly/2YhD0kL 

     Frankfurt

     Münster

    • The founders of beverage delivery startup Flaschenpost just sold their company to German food giant Oetker, now they invest in an HRtech startup from Münster –  Echometer, which better enables agile work https://buff.ly/2YfmTUO 

     Tübingen

    • Germany #BioTech #startup Curevac, which listed on NASDAQ in summer 2020 – working on a corona vaccination – is planning to raise additional capital, which could amount to 600 m US$  https://buff.ly/3t1PkDS 

     Düsseldorf

    • Düsseldorf-based SME financing platform Compeon closes 15 m € Series C #VentureCapital funding with government-backed NRW Bank joining previous investors including Quatar Development Bank https://buff.ly/39tdJu7 

     Munich

    • Egym receives 28 m € #VentureCapital for the production of connected gym equipment. In spring 2020 they had to let go 100 of 450 employees https://buff.ly/2O3hmyP 

     Austria

    • Australian Unicorn Canva buys Vienna-based Kaleido AI. Kaleido offers a service where one can automatically cut the picture of a human out of the background https://buff.ly/3aIohVL 
    • Austrian crypto startup „Startup Hero“ issuer of the Herocoin gets acquired by  international gambling group Novomatic, also from Austria https://buff.ly/3d695nY 

     Switzerland

     Liechtenstein

    • Liechtenstein-based VC MIG gets 340 m € payout from their investment in Mainz-based BioNTech https://buff.ly/3jjsHq3 

    Companies 

    Fintech and Cryptocurrencies

    • Mastercard to open up network to select cryptocurrencies https://buff.ly/3d0AzLM, but not the ones you may think
    • Finleap was once a fintech company builder in #Berlin with 80 employees at peak. Now there are around 20 left to manage existing investments and there may be 20 more work on innovations for corporates in the future https://buff.ly/3u1BrWE
    • Here’s why the former Global Head of Google Payment, former COO of Venmo have backed the €20M Seed round of this fintech https://buff.ly/2M9YoWs 

     

    Funding News (a very tiny collection, of what we see) 

    Follow us on Twitter to stay up to date here.

    • Berlin-based #traveltech Getyourguide fills war chest with additional 80m € loan, after a convertible of more than 100 mn € last year, looking for targets https://buff.ly/3s8x5LP 
    • Autonomous driving startup Recogni, with locations in San Jose and Munich, gets two new investors Bosch and Continental are investing together, this is new for German OEMs https://buff.ly/3k62Q52

    New VC Funds

    • #Dublin and #London-based #VC firm Frontline has raised its third seed fund of €70m to invest in #B2B #startups across #Europe looking to take on the US. https://buff.ly/3tGEGmm
    • Eurazeo gets €340 million in additional commitments to its growth strategy – tech.eu https://buff.ly/2YOrqxO
    • TCV Captial raised 4 bn US$ #VentureCapital fund, aiming for German #startups https://buff.ly/36nPBHw The VC’s past investments include Netflix and Airbnb
    • SPACs will be here pretty soon! 
      • Lakestar plans to raise 200-300 m Euros for a Special Purpose Acquisition Company (SPAC) to be listed on a German stock exchange https://buff.ly/2MI3w47 – Listing already happened by now ⇒ Frankfurt News
      • Rocket Internet plans to list a SPAC in New York, with a volume of more than 100 mn Euros https://buff.ly/3a2vT6b  
        • Technology SPAC Rocket Internet Growth Opportunities files for a $250 million IPO at #NYSE –  backed by #Berlin-based #RocketInternet https://buff.ly/2LGkeRp 

     

    More exits

    • Kinnevik, once an important and trusted Rocket Internet investor now wants to sell all Zalando shares worth 5,5 bn € (6.6 bn US$) https://buff.ly/2Zt6o89 
    • Shell buys Berlin-based electric car charging firm ubitricity https://buff.ly/3pZWd6A 
    • Not a direct exit, but preparing for some: 
    • German home appliance company Miele buys majority stake in #Berlin-based Kptncook, in which they have already been an investor. Kptncook offers recipes in their app https://buff.ly/3a57j4F 

    All Other News

    • MDAX listed tech company Teamviewer want to grow their revenue in the next two years to 1 bn Euros https://buff.ly/3jCfzws
    • Home24: Growth slows from +54% in Q3 to +50% in Q4 read more here: https://buff.ly/3tM6upb 
    • The 1st Unicorn by #German #investor Carsten Maschmeyer in the USA / Startup „Modern Health“ with 1.17 … https://buff.ly/3dbD6TH
    • Germany based HDI insurance (a subsidiary of Hannover Re) wants to invest more in startups – especially #cybersecurity https://buff.ly/2Nzjiyw 
    • Zalando interested in buying beauty platform Flaconi to add to their second foray in beauty https://buff.ly/3u5WPdi
    • Quandoo, the #Berlin-based platform for table reservations axes 20% of their workforce https://buff.ly/3pDnrjq 

     

    Stay ahead of the curve

    Xperience Plus Wants To Change How You Watch Sports and Movies Forever

    You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio

    Xperience+ Wants To Change How You Watch Sports and Movies Forever

    In 1917, an Italian guy put audio in a movie … more than 100 years later, we are still here.
    Fabrizio Gramuglio, CEO and Co-Founder Xperience+

     

    The Founder(s)

    Fabrizio is the Co-Founder and CEO of Xperience+ (https://www.linkedin.com/in/gramuglio/). Fabricio is by training a geneticist, but he found the lab work not really appealing, so he set out on a new path. Fabricio is also a Ted Speaker (https://youtu.be/Qw30kQVyvnM).

    Pedro is the CMO and Co-Founder of Xperience+ (https://www.linkedin.com/in/pedrogmferreira/), who is also the founder of the local tech blog Frankfurt Valley (http://frankfurtvalley.app/), as well as the community manager of Startuprad.io (http://www.startuprad.io/about-us/).

    Both together manage the local chapter of the singularity university (https://su.org/).

     

    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

     

    Why don’t we let life the people around the world the experiences they want – in a very immersive way?
    Fabrizio Gramuglio, CEO and Co-Founder Xperience+

     

    The Startup 

    Xperience+ (https://xperience.plus/) is not itself a hardware provider. The company offers on its app a marketplace for companies to join the Internet of Senses and use the protocols of Xperience+ for this.

    Part of the offer will also be a Library of Senses, in which experiences can be stored and retrieved at will.

     

    We are working on letting fans experience their favorite game from the perspective of a player – with all five senses. It will be totally immersive.
    Pedro Ferreira, CMO and Co-Founder Xperience+

     

    The Xperience+ App

    The app is currently not available to the public. Currently, the app is in closed beta status. They are working on the library and the option to stream videos. We will let you know when the app is available.

     

    We are working on disrupting the “old” audio and video media and bring in all the five senses.
    Fabrizio Gramuglio, CEO and Co-Founder Xperience+

     

    Venture Capital Funding

    Xperience+ has already raised a seed investment of 500.000 €. They are open to additional external investors.

     

    If this works guys, you will put every diet out of business, since people can taste everything, without gaining the calories.
    Joe Menninger, CEO and Founder Startuprad.io on Xperience+

     

    Audio Podcast

    You can subscribe to our podcasts here

     

    Further Readings / Additional Resources

    Nothing to see here 😊

     

    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

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

     

    Follow us on Social Media

    Instagram https://www.instagram.com/startuprad.io/

    LinkedIn https://www.linkedin.com/company/4837115/

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    Keep Up to Date

    Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ

     

    © Startuprad.io – All right reserved

    EWOR Wants to Make Entrepreneurship Training Fit for the 21st Century

    EWOR Wants to Make Entrepreneurship Training Fit for the 21st Century

     

    Entrepreneurship is one of the most complex things in the world … you don’t know what you don’t know.
    Daniel Dippold, Founder EWOR

     

    The Founder

    Daniel Dippold (https://www.linkedin.com/in/danieldippold/) has been an entrepreneur for some time, but he is also active in societies and education, furthering entrepreneurship. He is also the President of Europe’s arm of the Kairos Society (https://kairoshq.com/). Before all of that and during this he studied at several universities, including Columbia University in New York, Cambridge University in UK and in Switzerland University of St. Gallen.

     

    There is sooo much upside potential in the way we teach …
    Daniel Dippold, Founder EWOR

     

    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 Startup

    EWOR (https://www.ewor.io/)was built to be practical first and later study theory to question what one does. It was built to “do” a different kind of training for entrepreneurs. EWOR allows with a dynamic learning map to learn the way one likes, going back and forth as one pleases. EWOR itself is a SaaS tool, which is also licensed to corporates by the company as well.

    Unicorn startups is never the perfect measure, it is just a financial figure
    Daniel Dippold, Founder EWOR

     

    The Audio Interview

    You can subscribe to our podcasts here

     

    Further Readings / Additional Resources

     

    Kairos Society https://kairoshq.com/

     

    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

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

     

    Follow us on Social Media

    Instagram https://www.instagram.com/startuprad.io/

    LinkedIn https://www.linkedin.com/company/4837115/

    Twitter https://twitter.com/startuprad_io

     

    Keep Up to Date

    Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ