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Newsflash September

All relevant financing rounds, takeovers, partnerships and other success stories from September in one podcast: The monthly newsflash in episode 87 of our Munich Startup Podcast.

You can find the newsflash for September and all other episodes of our podcast on SpotifyiTunesAmazon MusicDeezerGoogle PodcastsPocket CastsRadio Public, Breaker, OvercastCastboxPodcast Addict and Anchor.

From minute 2:15 onwards, we turn our attention to the financing rounds in September. Qwello received 65 million euros for its turnkey charging solution for electric cars. The biotech start-up Irubis has made an investment of an undisclosed amount. Zählerfreundea start-up whose solution revolves around smart meters, secured seven-figure funding. Lendorse in turn is transforming financing models for students with its offer and a fresh 10 million euros. Workerhero received over 4 million euros for its AI-based recruiting solution. Reverion and its small power plant with the ability to produce hydrogen and methane was worth 56 million euros to various investors.

At Golfstrom the cash register rang with a seven-figure sum. The start-up specializes in financing solutions for solar companies. The medtech Symphera raised 2.4 million euros. With the biotech CPTx it became 26 million euros. With Reactive Robotics another medtech start-up was able to attract investors in September and secure 4 million euros. At Deep Drive landed 50 million euros in the account. The start-up is known for its electric motors for electric vehicles. Phlair is working on removing CO2 from the atmosphere and has taken 14.5 million euros from the wallets of various investors for this purpose. Egym became the next Munich unicorn in September with its EUR 180 million Series G. And Marvel Fusion convinced investors to invest a further 60 million euros in his project for laser-based fusion energy.

In addition, something has fallen by the wayside in the recording that should not be concealed here: The Munich-based drone manufacturer Quantum Systems successfully expanded its Series B financing. The total amount of the round rose to 100 million euros.

Acquisitions and other success stories in the newsflash

The Takeovers section of our Newsflash (minute 11:05) is about Wellabewhich was acquired by the Austrian company Mavie, and Egymwhich acquired the US corporate fitness provider Fitreserve, thus bringing its Wellpass offering to the American market.

Episode 87 also features the new CEO of Konuxthe extension of the Social Startup Hub Bavaria and the winners of the start-up competition Weconomy topic (from minute 12:10). We also take a look at the rebranding of the shopping rewards company Global Savings Group, which will be known as Atolls is a company.

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Maximilian Feigl

Maximilian Feigl has been reporting on the Munich startup ecosystem since 2020. The political scientist is particularly interested in deeptech topics.

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