This Month in GSA Startups - February 2022
Manage episode 347436146 series 3417667
Welcome to This Month in GSA Startups - meaning Germany, Austria and Switzerland, for February 2022 by Startuprad.io - in a news recording with Chris from New York City and me Joe, from Frankfurt am Main. This recording is sponsored by Invest-in-Hessen and Startupraven.com. It is in syndication with our very own station www.startup.radio, our partner station IBGR.Network and the Fundscene blog.
We recorded this new episode on Tuesday, February 22nd, 2022. Today we bring you everything from a new Switzerland-based unicorn to a new take on quick delivery - pardon the pun.
We start out with mega-deal in Gaming: ESL Gaming is sold for 1bn US$, Munich-based Fintechsystems is sold for 120 mn € and Aachen-based Next Ego may accomplish THE turnaround of the whole year, coming out of insolvency, they are looking to list via SPAC, valued at 1.5 bn €. Switzerland has a new unicorn, congratulations to Scandit, Gorillas wants to buy a french competitor and is thinking about a SPAC deal. Also, we have a large update on neobanks in Germany, and they are not all doing well.
Let's talk startups:
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