German Startup Ecosystem 2025: AI Becomes Infrastructure & DeepTech Booms

WEBVTT 1 - > Foreign. 2 - > Your podcast and YouTube blog covering the German 3 - > startup scene with news interviews and 4 - > live events. Hello 5 - > and welcome everybody to our regular startup news. From the 6 - > startup and tech entrepreneurship scenes in Germany, Austria and Switzerland, 7 - > you have tuned in to the deep deep dive of our 8 - > startup news, the second part of our monthly news coverage 9 - > here at Startup Rate IO.

You have listened 10 - > in the first part we were talking about the 11 - > general top news of this month and now we will 12 - > have take a closer look at some of the most interesting companies here. 13 - > First of all though, we 14 - > have a little look at the mood of the market, which we always do. 15 - > November felt like a bit like a market switching from sugar highest to 16 - > protein, we could say so a bit like fewer 17 - > flashy apps, more industrial AI, robotics, defense 18 - > systems, sovereign cloud capacity.

It all 19 - > felt felt a bit more substantiated than we were probably used to. 20 - > And we see that across the D region, Deutschland, 21 - > Schweitz, Austria and Switzerland and Europe, 22 - > the story wasn't growth at any cost, but building 23 - > infrastructure that to make the next decade possible. 24 - > We see that AI is shifting and more from being a marketing 25 - > gimmick to a bit of an industrial backbone, capital flowing 26 - > accordingly accordingly. Even though word of caution obviously there's still 27 - > a lot of hopes in the market, I guess.

And 28 - > we see that despite tighter conditions, the region is delivering 29 - > a surprising might with 1.8 billion 30 - > euros in fresh VC funds and more than 400 31 - > million euros in startup raises even after we cut everything 32 - > below 2020 million euros. So there's a whole 33 - > additional layer to this that we're not even counting. 34 - > Theme 1 AI becomes industrial infrastructure I already said 35 - > it.

AI trans AI's transformation from a hype to a 36 - > hardware level infrastructure is accelerating. This month we are seeing that 37 - > Entropic is opening hubs in Munich and Paris. 38 - > Flexion raised big to power Humanoid 39 - > Autonomy and enterprises rushed for vertical AI 40 - > stacks in healthcare, robotics, logistics and fraud 41 - > prevention. Schwarz's group 11 billion euro 42 - > sovereign compute blitz that we talked about 43 - > in our first in the 44 - > first part of this overview.

And 45 - > yeah, then we see that the message becomes clear. Compute 46 - > scarcity is now a strategic market. Not anymore a 47 - > technolog technical inconvenience. 48 - > Theme number two Deep tech and defense are 49 - > going mainstream.

Europe is leaning 50 - > hard into 70 tech this month and the funding 51 - > flows are becoming more and more geopolitical. 52 - > We are seeing that Quantum Systems is marching toward a 3 billion 53 - > euro valuation. We already talked about this in the first part of this. 54 - > Reflex Aerospace is scoring a record 55 - > raise and Vienna is positioning itself more and more as a crypto 70 56 - > hub Multiple defense tech funds are launched 57 - > to fill the continent's strategic gap.

58 - > So yeah, this is just as a little 59 - > wrap up roundup in the beginning, but 60 - > you got two more themes right now that we are witnessing and 61 - > seeing right now for us too. Yes. 62 - > Fintech, Climate Tech and Industrial Tech tighten up. 63 - > Fintech continued its great normalization 64 - > arc.

Berlin pushed for European leadership. Complaints 65 - > at trade Republica spiking at 133%. 66 - > Crypto platforms maturing into compliance first machines 67 - > and Swiss players raising institutional great treasury 68 - > rounds. Climate and industrial tech meanwhile delivers 69 - > some of the month strongest momentum.

Ecommerce, energy 70 - > optimization, industrial inspection and manufacturing 71 - > automation all pulled in capital that once flowed into 72 - > consumer apps. Across our deep dive we track 73 - > 400 plus million euros in fundraising even 74 - > with a hard cutoff. We did this the first time for this news 75 - > at 20 million. Otherwise we could talk for 76 - > hours.

A polite way of saying the pipeline was 77 - > overflowing. For why the funding backdrop? Revisit our 78 - > regional breakdown Corrections, 79 - > layoffs and record founder wave. 80 - > Not every storyline was upbeat.

Unfortunately 81 - > Insolvency hit, insolvencies hit Robotics, 82 - > Fintech and biotech, Personio and Job Rat 83 - > announced layoffs and regulatory pressure kept 84 - > rising across subscription models, mobility, 85 - > health, tech and financial services. But in true European 86 - > fashion, destruction came bundled with creation. 87 - > Entrepreneurship hit a multi decade high with 88 - > 27000 plus new founders entering the 89 - > arena. The ecosystem is tightening, but it's also 90 - > maturing deeper, faster, more industrial.

91 - > Now buckle up. Our top stories ahead Got straight into 92 - > AI, Defense tech, Fintech Robotics and 93 - > sovereign clout Biotech. And a 94 - > surprisingly bullish capital cycle. Our sponsor A 95 - > quick break for something every founder should hear.

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Scavenger AI, a former guest has 110 - > secured 2.5 million in seed funding to bring AI 111 - > power business intelligence to Europe's mid market. 112 - > And our former guest Munich based Edu 113 - > Rino has won the finale Da Huam at Seven 114 - > Ventures Pitch Day 2025. Also we are now 115 - > officially scoring at number 78 in F6?

S top 116 - > 100 startups. This is amazing. Thank you for everybody who's taking the journey 117 - > with Keep in mind that there are millions of startups out there 118 - > and now let's go a little bit into the ad break and then Chris takes 119 - > over with the ecosystem. 120 - > Welcome back from the ads.

And now let's have a look at 121 - > the ecosystem of the startup 122 - > scene influencing the startup scene worldwide in Europe and in the 123 - > Dach region. First off the worldwide news 124 - > we are seeing that authorities are have dismantled a major 125 - > international cybercrime network involved in large scale 126 - > Internet fraud and credit card theft. Suspects were arrested 127 - > across multiple European countries as well. The group is accused of running 128 - > sophisticated phishing malware payment card schemes 129 - > causing extensive financial damage to consumer and 130 - > businesses.

We have a bit more about that in 131 - > Manager magazine. In Europe we see that 132 - > Politico is reporting that the European Commission is courting 133 - > top investors for a multi billion euro scale up 134 - > fund designed to bridge the growth stage financing gap and keep 135 - > more European tech champions at home instead of losing them to the 136 - > United States or to Asian buyers. This is something 137 - > that's a bit more crucial for later stage founders in Germany and 138 - > Austria and Switzerland.

So we're because it's a region where Series 139 - > C + capital is often a bottleneck between 140 - > strong product market fit and global leadership. 141 - > This is something you can also explore in Venture capital Germany a global and 142 - > regional comparison in 2024 which is a post 143 - > on our website. EU startups is reporting 144 - > that European startups are rapidly building anti deepfake and 145 - > fraud detection solutions since we are seeing that AI 146 - > enabled fraud losses are surpassing 1.

3 billion 147 - > euros with new companies are now 148 - > focusing on voice, video, ID verification and transaction 149 - > monitoring. This is especially important for the Dark 150 - > fintech and rectech founders since regulators are now 151 - > tightening their expectations and banks are looking for more 152 - > robust AI native fraud stacks 153 - > trending Topics highlights a powerful new founder wave across 154 - > Europe with almost 60% more people starting companies in 2025 155 - > than in 2023.

97,000 founders 156 - > launching ventures and that is all an all time high. 157 - > Reasons for that are lower entry barriers, from no code tools 158 - > to stronger founder networks and yeah 159 - > generally in all enabling entrepreneurship across age groups and 160 - > regions. More about that can also be found not only on trending 161 - > topics but also on our website. VC 162 - > Magazine analyzes how medtech startups in Europe are being 163 - > stress tested by tighter funding conditions and evolving regulation, 164 - > but they are also noting that resilient companies are still raising and bringing 165 - > products to the market.

I found this approach 166 - > actually Pretty funny because they are stress tested by 167 - > tight funding conditions. You don't say tighter funding condition, you say the good 168 - > ones get stress tested. I like that approach. Yeah, I'm also being 169 - > stress tested constantly in this show.

So the EU has 170 - > abandoned plans for blanket suspicionless 171 - > scanning of private messenger traffic 172 - > for child abuse material, dropping one of the most controversial 173 - > chat control proposals in the ongoing legislative package. So 174 - > yeah, to, to take a step back here. The discussion is always 175 - > okay, how much is how much can the 176 - > European Union can countries in the European Union and the authorities 177 - > scan without having a specific 178 - > suspicion against someone or and so yeah, we 179 - > are seeing now that there's a political discussion about this.

180 - > In an interview with Antifa German news channel we 181 - > heard that the automotive expert 182 - > Ferdinand Dudenhofer, having a reputation for decades 183 - > now as being one of the most knowledgeable experts of the 184 - > automotive industry in Germany, calls the dispute around 185 - > Dutch control chip maker Nix Peria, a conflict provoked by 186 - > the US linking export controls and ownership battles to 187 - > broader geopolitical power plays in semiconductors 188 - > disorient Important because we see here the vulnerability of a German 189 - > industry to foreign policy decisions in Washington and 190 - > Beijing and we are seeing that this is kind of the 191 - > backdrop for the Dach regions chip and hardware 192 - > startups trying to position themselves 193 - > as important players in de risked 194 - > supply chains.

Moving on 195 - > from the European perspectives to specific perspectives 196 - > in Germany, Handel's Blood has an analysis 197 - > warning that the ongoing chip crisis could push Germany into a third 198 - > consecutive year of recession because we are 199 - > seeing supply bottlenecks and geopolitical frictions around players like Nick's 200 - > Peria and dark startups, especially in 201 - > mobility, robotics and industrial Internet of things 202 - > are now suffering from this macro pressure because it's 203 - > hurting customers but it also accelerates demand for efficiency 204 - > and reshoring.

And as always a 205 - > brief look at the IFO Business Climate Index, the 206 - > Gescher Klima Index, Germany's premier business sentiment 207 - > barometer dipping to 88.1 points 208 - > in November from 88.4 points in October 209 - > and missing analyst expectations, all of it 210 - > confirming that German companies are losing optimism about 211 - > near term recovery. I'm not losing that optimism 212 - > because I will recover by handing it over to you.

213 - > I really, really had to laugh when you when you talked 214 - > about that. You were stress tested here in the Program 215 - > Manager magazine profiles Austrian pet 216 - > tech startup Tractive which now exceeds 217 - > 1 billion euro valuation with its GPS 218 - > enabled smart colors that let owners track pets in 219 - > real time and monitor their activity. A 220 - > new analyzers reported by the broadcast and finds that European 221 - > deep tech startups could create up to 1 million 222 - > new jobs and add around 1 trillion in value to 223 - > the EU economy by 2030 if 224 - > funding volumes roughly tripled to 28 billion 225 - > annually.

Tech funding News reports that 226 - > Vienna is emerging as a contender for Europe's next major 227 - > crypto hub, driven by regulatory 228 - > clarity, strong academic talent and a growing 229 - > concentration of blockchain startups. 230 - > Switzerland Startup Ticker reports that 231 - > 172 million Swiss francs in fresh capital 232 - > has been deployed into swift growth stage startups across 233 - > multiple sectors including of course biotech, fintech 234 - > and industrial deep tech.

The funding wave reflects sustained 235 - > investor confidence in Switzerland's ability to 236 - > translate strong research foundations into scale ready 237 - > companies. The General News 238 - > Tech News and Company News we are talking a little bit 239 - > about VC news and new funds. I'll just hit the highlights 240 - > here. As we said, more than 1.

6 241 - > billion in new funding raised. Asperity 242 - > Partners has closed its debut debut 243 - > 875 million euro fund 244 - > targeting Europe's next B2B tech 245 - > championship. Figun Ventures 246 - > has launched a US$250 million 247 - > fund dedicated to quantum technologies with backing from 248 - > Quarta Investment Authority. Start 249 - > Base reports that X Ange 250 - > X A N G E has reached a 200 251 - > million euros first close for its new new early 252 - > stage fund X Ange 5 focused on deep 253 - > tech, climate, fintech and software across Europe.

254 - > Also Start Base reports that Keen Venture Partners 255 - > has launched a 150 million euro fund 256 - > dedicated to European defense tech targeting startups 257 - > across the Buswell dual use, AI 258 - > drones, cyber and secure communications. 259 - > Armilla Fund 4 has reached its its first 260 - > close at 120 million euros to back early 261 - > stage tech companies across Iberia and Europe with focus on 262 - > deep tech, software and digital information. Oyster Bay 263 - > raises 100 million US dollar food fund 264 - > reported by Tech Funding News early 265 - > backer of Oatly they have closed a 100 266 - > million US dollar fund dedicated to sustainable food tech and 267 - > next generation Consum and 268 - > Rubio Impact ventures has raised 70 269 - > million euros towards a third fund targeting European 270 - > early stage startups in climate circularity and social impact 271 - > tech.

EU also reports a new 1 million 272 - > euros ticket fund created by a coalition of European 273 - > founders to back early stage startups and more symbolically to work 274 - > towards Europe's first trillion dollar tech 275 - > company. A hundred spot feature of 276 - > former Formula one driver Nico Rosberg Stock fund 277 - > so umbrella font shows how the Formula one champion 278 - > is evolving from direct angel bets into startups 279 - > like Stark and N8N into fund of funds and co 280 - > investment strategies backing top tier VC firms.

281 - > Early Bird Health has promoted Dr. Rabab 282 - > Nasala and Dr. Christopher Masna to partners 283 - > deepening its specialty bench in biotech and data driven 284 - > health as it doubles down on scientific evidence. 285 - > Heavy thesis.

Sequoia has launched 286 - > two new early stage funds for Europe and described the European 287 - > founders pool as stronger than ever. That's actually a good sign. 288 - > They're signaling that the firm sees structural depth in 289 - > seed and series 8D flow across the continent 290 - > VC markets in reports that Alex von Frankenberg, longtime 291 - > managing director of high tech Kronafor, also somebody that I 292 - > interviewed in Germany before in English a few years ago and 293 - > just recently on Startup Land where he actually talked about his new 294 - > book I have it here, Das Eligelt Bitcoin and 295 - > he has even signed it for me.

That's awesome, isn't it? 296 - > He will become a venture partner at May Ventures. His move 297 - > brings one of Germany's most influential early stage investor, 298 - > responsible for backing hundreds of deep tech SaaS and industrial tech 299 - > startups in a new strategic role within Europe's 300 - > landscape. And unfortunately a little bit sad news.

301 - > Munich Re is shutting down its corporate venture capital arm, suspending new 302 - > investments and shifting innovation efforts towards internal 303 - > product development and strategic partnerships. And I hand over to 304 - > Chris with the deep tech news. He wrote a whole book into 305 - > into the book. So much nice.

306 - > Yeah. Looking at Deep Tech News Manager 307 - > magazine reports that Celonis is fighting to 308 - > regain momentum after tensions with SAP over product overlap and 309 - > market positioning with the unicorn Salonis 310 - > doubling down on its AI driven execution platform. Despite that 311 - > little in fighting, Celonis is now leaning into enterprise 312 - > expansions, sharpening its product roadmap and courting global customers 313 - > to reaffirm the category leadership.

So we see here 314 - > that in the dark tech ecosystem, even top 315 - > tier software as a service scale ups must navigate competitive pressure 316 - > now. Handel's Blood interviews the CEO of 317 - > robotics giant Kuka who's arguing that 318 - > the company should actually be particularly strong in the 319 - > dark region and who is reflecting on competitive 320 - > pressures, reshoring and the need for more automation. 321 - > Stern German Weekly magazine is reporting that Munich 322 - > based Agile Robots will begin serial production of humanoid robots 323 - > called AG1 from early 2026 in 324 - > first and Feldbrook.

The robot is designed with arms, 325 - > legs and a head and supposed to work alongside humans and other machines in 326 - > industrial environments and powered of course by 327 - > AI model trained on industrial data and a highly 328 - > precise robotic hands hand. 329 - > Business Insider and Grunda Sine covers peak AI 330 - > PE AI which has closed its third 331 - > multi million euro round within just a year, detailing both the funding and 332 - > the founders unusual high salaries 333 - > and the report also is illustrating both the continued appetite for AI 334 - > native startups in the German market and the emerging debate around 335 - > compensation expectations in companies that are still 336 - > very early on in their history.

337 - > Oberlanders so the like 338 - > Superior Court in the city of Dusseldorf has ruled that Amazon's 339 - > 2022 price hike for prime memberships in 340 - > Germany was unlawful, finding that the price 341 - > adjustment clause in the contract was invalid because 342 - > Amazon could not unilaterally change fees without clear criteria 343 - > or explicit customer consent. So right now it look 344 - > as if millions of German prime users may be entitled to 345 - > refunds and Centrale nrw, which is kind of 346 - > the customer protection office of the state 347 - > government in North R Westphalia, is preparing a collective 348 - > action lawsuit, sending a signal to subscription based 349 - > platforms about being having to be more transparent about 350 - > pricing and their contracts.

Antopic is 351 - > expanding its global footprint with new hubs in Paris and Munich. We 352 - > already hinted at this a bit. Aiming to serve fast growing 353 - > European enterprise demand for cloud powered 354 - > AI systems, the company is now planning to hire engineers, policy 355 - > specialists and go to market teams across the region. 356 - > Also here putting an emphasis on Europe, signaling that Europe is an 357 - > important additional market to the US and 358 - > maybe Asia.

Moving on from deep Tech 359 - > to Defense Tech Handel's Blood published a Europe wide 360 - > map of leading defense startups spotlighting venture backed companies 361 - > in areas such as drones, space, 362 - > cybersecurity and AI across the continent, including 363 - > obviously several from Germany, Austria and Switzerland. And we are 364 - > seeing more about that also in Defense 365 - > Tech Germany. An article on our website 366 - > where 30% of VC said that they are already investing, 45% 367 - > said that they are planning to invest more 368 - > Biotech News we don't have anything specific right now, but there will be plenty 369 - > of news in the funding and MMA section.

M and A 370 - > section, not the MMA section that is for 371 - > fighting, but I'm not going to fight 372 - > handing over to. You for FinTech FinTech news thanks 373 - > Chris Fa said. One of Germany's 374 - > largest newspapers looks at how Berlin wants to 375 - > become Europe's fintech capital, focusing on the city's dense cluster 376 - > of new banks, infrastructure startups and crypto players, plus 377 - > support from local politics and regulators. This 378 - > ambition builds on the narrative of Berlin as Germany's startup 379 - > powerhouse that you cover in the Rise of Berlin 380 - > startups.

Germany's Startup powerhouse 381 - > Complaints against Trade Republic search by 133% 382 - > reports Business Insider Driven by issues around app stability, 383 - > order execution and customer support 384 - > response Times Business Panda Co founder Eric 385 - > Demut becomes Executive Chairman, Silicon 386 - > Canals reports he has stepped down into 387 - > his new role as Executive chairman, shifting from 388 - > operational leadership to more strategic oversight position 389 - > as company continues scaling its digital asset investment 390 - > platform across Europe.

McMarkler points Steve 391 - > Simmons as new CEO, reports Manager magazine 392 - > the Real Estate platform has appointed Steve Simmons 393 - > in as its new CEO, bringing experienced leadership 394 - > as the company navigates a sluggish property market and rising 395 - > pressure on brokerage margins. 396 - > Baobab Insurance is expanding its operation and has appointment 397 - > Tim Fundlia to strengthen its leadership team 398 - > as company accelerates its digital insurance strategy.

399 - > The move supports Baobab's push into scalable technology driven 400 - > underwriting and customer service models. 401 - > Chris, you want to talk a little bit general news? 402 - > Yes, I do. T Online notes that the German 403 - > retail association HDE is expecting Black Friday sales in 404 - > Germany to decline for the first time, especially since 405 - > inflation and consumer caution are dampening the 406 - > spending Handels blood profiles 407 - > Celonis as it pivots from pure process mining into a broader AI 408 - > driven execution platform.

We already talked about the competition with 409 - > SAP. More about that can be found on our website and on in the 410 - > Handel's blood story. The Byron 411 - > Fungarian the Bavarian broadcaster BR is 412 - > reporting that Bavaria is betting heavily on AI data centers, 413 - > debating whether a gigafactory scale campus could emerge as a 414 - > regional anchor for compute and cloud infrastructure that would have 415 - > major implications for Munich and Nuremberg area startups in 416 - > AI and high performance computing.

And 417 - > that already makes me give it back to you 418 - > talking about creative destruction. 419 - > Creative destruction Totally very sad news from our former guest 420 - > Monkey trending topic report that Austrian savings app 421 - > startup Monkey has filed for insolvency 422 - > after failing to do financing ending a multi 423 - > year push to help customers build automated savings habits 424 - > and healthier financial behavior. Actually I remember 425 - > that the vast majority of the users of marquees have 426 - > been women which was totally uncommon 427 - > but nonetheless they could not make it work.

428 - > This is actually quite uncommon here at Startup. We have according 429 - > to podchaser More than 725 430 - > episodes live, not including our founders vault and we are 431 - > aware of only dozen or so companies that we have 432 - > interviewed as guests and that fight for 433 - > insolvency. Sexishte Profiles 434 - > Biotech founder Nadine Schmida Galfer, once celebrated 435 - > as Saxony's best female founder who is now taking her high 436 - > tech startup through insolvency and openly framing the 437 - > process as part of entrepreneurial reality.

438 - > VC Market Scene reports that German Bionic, the 439 - > Augsburg based robotic scale up known for its smart 440 - > exoskeleton has filed for insolvency after major 441 - > financing round collapsed. Business Insider reports 442 - > HR unicorn Personio is cutting staff with the piece, 443 - > focusing on what affected employees can do now in terms of 444 - > legal rights, severance and next steps in job 445 - > search for the Dach ecosystem. Layoffs at a 446 - > flagship like this SaaS player shows that even top tier 447 - > scale ups are tightening belts as the funding environment 448 - > normalizes despite Pacific still being profiled as a national 449 - > champion in pieces like German startups.

Handelsblatt 450 - > reports that Freiburg based Jobrad, German's leading bicycle 451 - > leasing platform, is cutting 20% of its workforce 452 - > as demand normalizes after pandemic era heights. 453 - > Chris, you want to do some 454 - > fundraising and access the the fun news? 455 - > Yes, let's end on a high Note here. 456 - > So FMC has raised 100 million euros to 457 - > expand its advanced fiber manufacturing technology 458 - > targeting high performance applications across automotive, industrial and 459 - > sustainability driven sectors.

The company wants to use 460 - > the money for in order to build more capacity for European supply 461 - > chains seeking lightweight, durable and low 462 - > emission materials. Berlin based biopharma company 463 - > 144 so there's the number four, 464 - > then teen as in teenager and then the number the 465 - > digit 4 again has extended its Series 466 - > C round to 55 million euro to advance development 467 - > of Pro T Zoom up. 468 - > Proky Zoom up. That is a complicated word for the 469 - > antibody therapy for to prevent organ failure in acute and 470 - > critical care settings.

The capital now is supposed to support late 471 - > stage clinical work and preparations for regulatory approval. 472 - > Target Spiegel reports that Berlin based software and care startup 473 - > Voice V O I Z e 474 - > has raised 50 million euros scaling its voice documentation tools to help 475 - > nurses and carers record information more efficiently. 476 - > Vienna based Recommerce marketplace refurbed closed the 477 - > 50 million euro round to accelerate their European 478 - > expansion with a particular push into the uk strengthening 479 - > its AI driven platform for refurbished electronics and other 480 - > goods.

Reflex aerospace raised also 50 481 - > million euros as policymakers are increasingly 482 - > viewing satellites at Europe's Achilles heel with the Berlin 483 - > based startup now aiming to deliver more agile, responsive spacecraft for 484 - > defense and secure communication. Del Vtech based in 485 - > Switzerland, raised $40 million to scale its AI 486 - > powered opt inspection platform for the electronics manufacturing 487 - > industry. The company uses computer vision and machine learning 488 - > to detect defects in highly complex 489 - > boards, providing faster and more accurate quality control than traditional 490 - > systems.

Swiss fintech future 491 - > secured 28 million Swiss francs to build a 492 - > Bitcoin treasury platform that combines multi sig 493 - > custody, treasury tooling and advisory services 494 - > for institutional clients. Clone Based 495 - > Autonomy has raised $20 million in a seed round 496 - > to build AI digital workforces that automate complex 497 - > enterprise support and service workflows, with Macquarie 498 - > Capital Venture Capital leading the round 499 - > alongside Capnamic, NRW 500 - > bank and Tech Vision Fund.

The 501 - > startup's agentic AI platform is designed to process dense 502 - > technological documentation with 503 - > claimed 95% answer accuracy 504 - > transcript reports that Berlin based Captain T Cell 505 - > Max Delbruck center spin out developing next generation 506 - > TCR T cell therapies for solid tumors 507 - > has secured a 20 million euro financing round. 508 - > The capital here is supposed to push its pipeline toward clinical development 509 - > in a segment considered particularly challenging even within cell 510 - > therapy that those are the funding rounds now 511 - > Talking about companies that go together M and A News 512 - > Yes, M and.

A News Manager magazine reports that 513 - > Northern Data, already under public attention due to leadership ties 514 - > to individuals close to Donald Trump, has acquired a germ 515 - > cloud company as part of its infrastructure 516 - > expansion. The acquisition intensifies debate around 517 - > governance, transparency and geopolitical influence in Europe's 518 - > high performance computing landscape, especially given 519 - > Northern Data's growing role in AI and crypto infrastructure.

520 - > Astra Cica a, a large pharma company has 521 - > acquired Swiss biotech startup Six Peaks in a deal 522 - > worth US$300 million, adding 523 - > companies precision medicine and immunology technology 524 - > to its global pipeline. FA Set reports that 525 - > Walter Clovers has acquired burden based based legal AI 526 - > startup Libra, strengthening the Dutch information giants product 527 - > suite for automated legal research and 528 - > document analyzers. Chris, I would say we 529 - > call it a day.

We have now recorded more than I think 530 - > almost an hour together here, right? It's a lot. 531 - > Yeah. So I want to get ready for my fake tofu 532 - > turkey.

Fake fake turkey for 533 - > tofurkey, whatever. Enjoy that thing. 534 - > Don't know how you can do that, but nonetheless very, very 535 - > happy to have you on board. And we will be back with 536 - > the December news published 537 - > December 18th and later.

Thanks guys. It was a pleasure. 538 - > Thanks to you all for listening. Bye.

539 - > That's all folks. Find more news streams, 540 - > events and 541 - > interviews@www.startuprad.IO.

542 - > remember, sharing is caring.