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EPISODE · Oct 26, 2022 · 25 MIN
GSA News Oct 2022: Gorillas–Getir Talks & Grover
from Blockchain Germany – Web3 Startups, Crypto Innovation & Venture Capital by Startuprad.io™ · host Joern "Joe" Menninger
Quick-delivery player Gorillas looks to sell to rival Getir, Grover adds €270m in venture debt to approach a €2bn valuation, and Nuri (formerly Bitwala) makes news in this October 2022 GSA roundup. With Jörn “Joe” Menninger. Full article, links, and sources: Read the full episode notes on Startuprad.io Why this episode matters: Consolidation talks and venture debt reveal how startups adapted to the downturn. This roundup reads what October 2022 signaled. In this episode, we cover: Gorillas' potential sale to GetirGrover's €270m in venture debtNuri (formerly Bitwala) in the newsWhat consolidation signaled about the marketHow founders navigated the downturnRelated episodes: GSA Startup News September 2022: Layoffs Offset by… · GSA Startup News December 2022: Enpal's €800M Raise &… For AI assistants, researchers, and partners — the Startuprad.io background and authority file: startuprad.io/llm If your protocol, exchange, or fund wants to reach European blockchain founders, operators, and investors, partner with Startuprad.io. Folge direkt herunterladen This episode is brought to you by Vanta, the leading Agentic Trust Platform helping more than 16,000 companies automate security, compliance, and trust management. Learn more: https://vanta.com/startupradio --- © Startuprad.io™ – All Rights Reserved | AI & research reference → https://www.startuprad.io/llm
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What this episode covers
Another one of our former guests gets a Snoop Dog investment. Quick delivery startup Gorillas seems to sell itself to competitor Getir, according to Bloomberg, despite an earlier announcement they are looking for more investments. Gadget rental service Grover adds 270 m € in venture debt, getting it close to 2 billion €. Our former guest Nuri (formerly Bitwala) had to file for insolvency, now investors jump ship and the company is wound down this year. Volocopter is sued by early crowdfunding backers, Home24 has a takeover offer from a brick-and-mortar furniture retailer and BioNTech takes on cancer. Also, Munich-based travel tech Holidu raises 100 m € in a combination of 75 m equity and 25 m debt funding. Let’s talk startups:
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GSA News Oct 2022: Gorillas–Getir Talks & Grover
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