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The economic elephant in the room 🐘

Speedinvest News
Issue #18 • View online
Speedinvest News
It’s been impossible to ignore the current state of the economy over the past month. Times have obviously changed. But is it all doom and gloom?
Oliver addresses the economic elephant in the room with The European VC podcast. As our friend and podcast host, Andreas Monk-Holm, shared so eloquently on LinkedIn, “Soooo much BS is being said about the current market 🤦‍♂️ so talking to Oliver on how they’re thinking and navigating inside Speedinvest was quite refreshing.” It’s a good listen!
Despite the downturn, we’re still open for business and actively supporting our portfolio as they recalibrate in light of the changes. Over the past month alone, our awesome founders have managed to raise more than €275M in follow-on funding 💪
What else has been keeping us busy?
And much more below 👇

Have you heard?
CoachHub raises $200M Series C
CoachHub raises $200M Series C
The new round will help the Berlin-based team further expand digital coaching for employees at all career levels –– not just executives –– to the US and beyond.
www.coachhub.com  •  Share
Upvest raises $42M Series B
Upvest raises $42M Series B
Upvest’s API is easy to integrate and allows fintechs to offer customers capital market investment products, from ETFs and stocks to crypto assets.
tech.eu  •  Share
Flowdesk raises $30M Series A
Flowdesk raises $30M Series A
The French Market-Making as a Service (MMaaS) provider connects 60 cryptocurrency exchanges and can support 10,000 cryptocurrency issuers in providing liquidity and managing their own funds.
www.coindesk.com  •  Share
Airbank generates a fresh $20M Series A
Airbank generates a fresh $20M Series A
The Bnext-gen finance platform seamlessly integrates with the banks customers already use, speeding up bookkeeping to save time and money.
tech.eu  •  Share
Smiler secures €7.4M in Seed
Smiler secures €7.4M in Seed
Say goodbye to bad selfies and hello to Smiler’s on-demand photography marketplace.
siliconcanals.com  •  Share
Stotles raises a $6.5M Seed round
Stotles raises a $6.5M Seed round
The B2B SaaS startup creates a ‘single source of truth’ to remove the red tape and frustration that forces many to give up on working with governments. 
www.stotles.com  •  Share
Fiat Republic raises $2.5M and becomes a certified EMI in the UK
Fiat Republic raises $2.5M and becomes a certified EMI in the UK
The Banking-as-a-Service (BaaS) platform that’s bridging the gap between web3 and traditional banks secures additional funding and also acquires Paybase Limited.
fiatrepublic.com  •  Share
New Investments
Molecule democratizes biopharma R&D
Molecule democratizes biopharma R&D
Molecule’s platform and scalable framework for biotech DAOs connects academics and biotech companies with quick and easy funding. 
www.molecule.to  •  Share
Charles.co tackles men's health taboos
Charles.co tackles men's health taboos
The Paris-based digital clinic is the only platform supporting men at every stage of their healthcare journey. From teleconsultations with specialists to personalized treatment plans, digital therapies, and follow-ups.
tech.eu  •  Share
Planqc builds super quantum computer
Planqc builds super quantum computer
Scientists in Munich are building highly scalable quantum computers 1Mx colder than deep space & 1000x colder than Google’s superconducting qubits. T
www.handelsblatt.com  •  Share
TextCortex uses AI to write 70% of copy
TextCortex uses AI to write 70% of copy
TextCortex’s proprietary, AI-powered natural language generation engine helps marketers and copywriters create high-quality, SEO-optimized text in seconds.
textcortex.com  •  Share
Autone streamlines predictive decision making for retailers
Autone streamlines predictive decision making for retailers
Audrey Handem of our SasS & Infra team introduces you to Autone and shares why we couldn’t resist leading their €1.7M Seed round.
www.speedinvest.com  •  Share
Portfolio News
Let's Dive Deeper
Exclusive insights from our sector experts, growth hacks for founders & investors, and personal conversations with our partners.
Doom & gloom or hope for the future?
Doom & gloom or hope for the future?
Our Oliver shares his thoughts on the status of the current market in a conversation with The European VC podcast.
open.spotify.com  •  Share
Fintech is the foundation of emerging markets
Fintech is the foundation of emerging markets
Vanessa Waibel , Enrique Martinez, and Alvaro Perezcano break down our Fintech EM portfolio and share their thesis on our blog.
www.speedinvest.com  •  Share
HR SaaS tech you need to know about
HR SaaS tech you need to know about
Frederik Hagenauer of our SaaS & Infra team shares some of the best HR management tools on the market to stay competitive when hiring and retaining talent.
www.speedinvest.com  •  Share
Being recession-proof starts with self-awareness
Being recession-proof starts with self-awareness
Jon Butterfield and Mitchell Bradley from our Platform+ team share tangible tips for recession-proofing your startup NOW so that you’re prepared for whatever may come in the future.
www.speedinvest.com  •  Share
Want to ace your pre-Seed pitch deck?
Want to ace your pre-Seed pitch deck?
In collaboration with Slush, our Philip Specht breaks down the metrics founders should always include in their pre-Seed pitches.
www.slush.org  •  Share
Startups that stick to the basics can grow no matter the market
Startups that stick to the basics can grow no matter the market
Our Marie-Helene Ametsreiter tells the Austrian “Industrie Magazin” that startups can continue to grow sustainably despite uncertain times (German).
industriemagazin.at  •  Share
The European VC ecosystem is maturing
The European VC ecosystem is maturing
Daniel Keiper-Knorr tells “VC Magazin” why he’s never been more optimistic about venture capital in Europe (German).
www.vc-magazin.de  •  Share
Events
Now that we’re finally able to gather together again to network, learn, and have a few drinks, we’ve started attending and hosting in-person events across Europe! Here are just a few places we’ve been this month:
  • Paris - Investors from our sector-focused teams attended Viva Technology in Paris and we hosted a night of cocktails and networking
  • Berlin - We partnered with Google & HubSpot for a founders-only event
  • Vienna - Our investors hit the stage at ViennaUP'22 to discuss all things tech and the strengthening startup ecosystem in our hometown
  • Helsinki - Andreas Schwarzenbrunner joined Arctic 15 to talk about the future of Climate Tech
  • Munich - Our Industrial Tech team hosted a sunset BBQ for our founders and friends
  • London - Marie-Helene Ametsreiter joined London Tech Week to moderate a panel on “Decarbonizing the Supply Chain”
Where are we heading next? We’ll keep you posted on LinkedIn and Twitter.
Careers in Tech
Join the Speedinvest Health team! (all genders) - Paris, Berlin, Munich
Join the Speedinvest Health team! (all genders) - Paris, Berlin, Munich
With a mission to back the boldest Digital Health founders and help them to succeed, we’re looking for an Associate and Principal to complete our small, but mighty team.
careers.speedinvest.com  •  Share
Portfolio & Speedinvest Jobs Board
Portfolio & Speedinvest Jobs Board
Speedinvest and our portfolio of startups are always hiring exceptional talent! Browse open jobs to find your next career move.
careers.speedinvest.com  •  Share
Spotlight Open Positions
See you next month!
Speedinvest is one of Europe’s most active early-stage investors, with more than €600M+ AUM and offices in Berlin, London, Munich, Paris and Vienna. Our focused investment teams partner with founders building Consumer Tech, Deep Tech, Digital Health, Fintech, Industrial Tech, Marketplaces, and SaaS startups. 
Each of our portfolio companies also has full access to our in-house Platform+ team of operational experts who provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of their journeys.
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