In calendar week 34, we talk about developments at Scalable Capital, EarlyGame’s vision, upcoming events and the development of German electric car maker Next.e.GO
- Innovations and developments in the startup scene
- Scalable Capital wants to make every citizen an investor
- The eSports and gaming platform EarlyGame
- 9th Startupnight online in Berlin
- Science4Life is looking for smart business ideas
- Next.e.GO successfully closes Series C financing round of 57 million dollars
The whole thing, of course, also as an audio track to listen to:
Innovations and developments in the startup scene
All stock, ETF and crypto savings plans from 1 euro savings rate free of charge – Scalable Capital wants to make every citizen an investor
- All savings plans on stocks, ETFs and cryptocurrencies now without order fees
- Offer comprehensively expanded: Starting at 1 euro savings rate, inflation protection, day and frequency of execution freely selectable, debit from checking account or credit balance, now almost 2,000 ETFs
Erik Podzuweit, Co-Founder and Managing Director: “All hurdles have fallen – regular saving via the capital market has never been so easy.”
Munich, August 27, 2021 Scalable Capital, fast-growing online broker and Europe’s largest digital asset manager, has comprehensively expanded its savings plan offering. Customers of the Scalable broker can now save for stocks, ETFs and cryptocurrencies from as little as 1 euro – and without order fees. With this offer, the company takes a big step towards becoming the leading digital investment platform.
More freedom and flexibility in regular saving
Investing via savings plans will be even easier and more flexible in the future. Within their savings plans, investors will be able to choose between four execution dates and determine the frequency of execution. In this way, individual coordination with the receipt of salary, pension or study grants is possible. There is also the option of setting an automatically increasing savings rate, for example to protect against inflation. Users can also decide whether their savings plans are debited from their credit balance or by direct debit from their checking account. The company is also expanding its product range. In addition to all relevant equities and cryptocurrencies, many additional ETFs are available. Scalable Capital now offers the largest selection of ETF savings plans in Germany with almost 2,000 products – and new stocks, ETFs and cryptocurrencies are being added continuously. The new features and products will be unlocked over the course of September.
EarlyGame with successful funding round
Munich, August 23, 2021. eSports and gaming platform EarlyGame continues to grow very dynamically and has recently become an attractive investment area for private investors and its own community in addition to international investors. After the entry of the investor from Singapore and the Winterling family, EarlyGame has now also opened up to private investors and its own community as part of a crowdinvesting campaign on Seedmatch. In the course of the entire financing round, 850,000 EUR were thus collected, bringing the total raised since the start to over 2 million EUR.
With the clear vision to become the worldwide No.1 in the mainstream – entertainment – area of eSports and gaming for the fan, especially in terms of community and pop culture, EarlyGame not only attracts international partners and investors. Breaking news, opinion articles, tips and tricks, in-depth coverage of the professional gaming scene, including highlight content and game summaries are intended to further establish our platform in the eSports and gaming community.
The 9th Startupnight takes place online
Berlin, August 27, 2021 – Next Wednesday, September 01, 2021, the 9th Startupnight online will take place in Berlin. With talks, workshop sessions and pitch opportunities, experts from venture capital firms, companies and funding institutions will give founders the opportunity to present themselves and their innovations and get answers to their questions on important topics such as financing, growth or internationalization. Startupnight 2021 will take place for the second time as an online event and will be streamed from 11:00 to 14:00.
Program of the 9th Startupnight – 01.09.2021 #beconfident
● Everything startups need to know
● Information on funding, growth and much more.
● Networking and matchmaking with potential funders.
Business plan competition launches: Science4Life seeks smart business ideas.
August 23, 2021 Science4Life’s program guides startups in life sciences, chemistry and energy from idea to finished business plan. Those who want to start their own company can submit their idea to the business plan competition until October 22, 2021.
At Science4Life, the initial idea becomes a real business case, and to date more than 1,300 companies have already been founded with the support of Science4Life. On September 1, 2021, the new round of the business plan competition will start, interested start-ups as well as start-ups from life sciences and chemistry can submit their idea for the Science4Life Venture Cup. Energy start-ups are invited to apply for the Science4Life Energy Cup. A total of around 85,000 euros in prize money, access to a network of over 300 industry experts and the Science4Life Academy with online seminars, digital events and much more are on the agenda. Interested parties can already register at www.science4life.de and submit their three-page idea outline for the first phase by October 22, 2021. Each team will receive detailed written feedback from the experts, highlighting the strengths and weaknesses of the business idea. The best teams will be invited to the Science4Life Academy digital day – where they will receive individual coaching and have the opportunity to discuss and further develop their plans in face-to-face meetings with industry experts.
German electric vehicle manufacturer Next.e.GO successfully closes $57 million Series C funding round
Aachen, Germany, August 26, 2021 – Next.e.GO Mobile SE, the German electric vehicle manufacturer that produces affordable, customized and sustainable urban electric vehicles based on its innovative technologies and unique microfactory, today announced that its majority shareholder, nd Industrial Investments B.V., part of the international private equity firm nd Group B.V., has successfully closed a $57 million Series C financing round for the company.
The funding round, which includes participation from both existing and new investors, will enable e.GO to accelerate its efforts to transform urban electromobility by allowing the company to expand production of its e.GO Life platform, accelerate development of additional models, and offer customers unique value-added features such as battery swaps.
The funding round also underscores investors’ confidence in e.GO’s successful development and the progress the company has made toward becoming one of the few independent Western electric vehicle companies actually in production and delivering vehicles to customers.
“We are very pleased with the success of the Series C financing, but more importantly with the vote of confidence from our investors. The e.GO team is more determined than ever to drive the much-needed shift towards zero-emission urban mobility by offering a unique electric vehicle,” said Ali Vezvaei, Chairman of the Board of Next.e.GO Mobile SE.
That’s it for this week’s Founder Friends Short News. Tune in again next week and maybe there will be news from your startup next week?
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