This Month in German, Swiss, and Austrian (GSA) Startups - December 2023

Startup, Venture Capital and Tech News from Germany, Austria and Switzerland

Welcome to our December 2023 wrap-up with vital news from the startup and tech entrepreneurship scenes in Germany, Austria, and Switzerland in 30 minutes or less 🙂. Our startup news is recorded with Chris in New York City and Joe in Frankfurt. The recording date is December 19th, 2023 and all news not included will be in our next news to be released on January 25th, 2024. Note: We will take a holiday break until January 18th, 2023, when you can expect the first publication in the new year.

Our Highlights:

Aleph Alpha's AI models get bad press. Escooter Tier lays of one-fifth of the workforce. Solarisbank also fires employees, and so does the Austrian scale-up neoom. Sport Alliance gets 100 M US$ funding and Hugo Boss chips into a sustainable fashion fund. Trade Republic is now a fully licensed bank and Instafreight has to file for insolvency. In total, we have more than 30 M US$ new VC investments in Austria, more than 25 M US$ investments in Switzerland, and more than 400 M US$ investments in Germany, vs only three insolvencies. Yes at the core we are very positive :-). It feels better, at least a bit. Let's talk startups:

Our Partners (AL)

Are you a startup founder, looking for a bank account in the EU? We are banking with Qonto. Sign up, using this link: https://qonto.com/r/pb0kq1

🔥 Supercharge your sales game with Pipedrive! 🚀 Unlock the ultimate tool for lead management and conversion. 💼 Seize this exclusive offer: Get a jaw-dropping 30% OFF for an entire year! 🌐 Elevate your business 💥 #Lead https://www.joinsecret.com/?r=c94534197f2d

🎉 Elevate your customer support game with Zendesk! 🚀 Experience excellence for FREE - get 6 months on us! 🌐 Revolutionize your service and delight your customers. ⏳ Don't miss out on this incredible opportunity! 🚀 #CustomerSupport https://www.joinsecret.com/?r=c94534197f2d

🚀 Elevate your business with Freshworks! 🌐 Unlock a game-changing 90% OFF on their powerful customer engagement tools! 🌟 Seize the moment to supercharge your success. ⏰ Don't miss out - the future of seamless customer experiences awaits! 🚀 #deals https://www.joinsecret.com/?r=c94534197f2d

All Links and Show Notes

Here is our blog post: https://medium.com/startuprad-io/this-month-in-german-swiss-and-austrian-gsa-startups-december-2023-startuprad-io-e-409-f30d787f0c1f