{"id":93896,"date":"2023-08-31T11:30:00","date_gmt":"2023-08-31T09:30:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=93896"},"modified":"2023-08-30T10:51:25","modified_gmt":"2023-08-30T08:51:25","slug":"startups-of-the-month-august-2023","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/93896\/startups-of-the-month-august-2023\/","title":{"rendered":"Your startups of the month"},"content":{"rendered":"
\n
\"Cannabis<\/a>
1st place:<\/strong> Synbiotic made it to the top of August's Startups of the Month. The Munich-based cannabis company announced this month that it is acquiring a majority stake in Cannacare Health, with its CBD brand Canobo, as well as its emerging CBD network marketing subsidiary WellnetIQ. As part of the acquisition, investor and Cannacare shareholder Frank Otto also invested three million euros in the form of a cash capital increase<\/a> to Synbiotic. (Photo: Richard T \/ Unsplash)<\/figcaption><\/figure>\n\n\n\n\n\n\n\n
\"Spreadly<\/a>
2nd place:<\/strong> Spreadly announced in August the Acquisition of its Amsterdam competitor Clinck<\/a> , landing it in second place. With this deal, the Munich-based startup for digital business cards aims to usher in consolidation in the market. Spreadly has developed software designed to make it as easy as possible for companies to switch from paper business cards to digital business cards in the form of a QR code, link, or NFC card. (Photo: Spreadly)<\/figcaption><\/figure>\n\n\n\n\n\n\n\n
\"Tado\"<\/a>
3rd place:<\/strong> With a new hire, Tado takes third place in our Startups of the Month. The Munich-based company, known for its smart thermostats, appointed Philip Beckmann as new CEO<\/a>Beckmann, previously a member of the management of E.ON Energie Deutschland, succeeded Toon Bouten, who is retiring for age reasons. (Photo: Emanuel A. Klempa \/ Tado)<\/figcaption><\/figure>\n\n\n\n\n\n\n\n
\"Voltstorage\"<\/a>
4th place:<\/strong> Next up is Voltstorage, which secured financing from the European Investment Bank (EIB) in August. The EIB is supporting the Munich-based startup with a Venture debt loan of 30 million euros<\/a>Voltstorage is developing energy storage systems based on vanadium redox flow technology for commercial and agricultural applications and is researching a new iron-salt battery technology. (Photo: Voltstorage)<\/figcaption><\/figure>\n\n\n\n\n\n\n\n
\"Twinu\"<\/a>
5th place:<\/strong> Fifth place in August goes to Twinu. The Munich-based startup aims to make circularity measurable, as the transformation to a circular economy is a key challenge for companies in all sectors. Twinu supports them in determining and improving the sustainability of their products. In a detailed interview, the Munich startup revealed<\/a>what exactly lies behind their technology. (Photo: Twinu)<\/figcaption><\/figure>\n\n\n\n\n\n\n\n
\"Sewts\"<\/a>
6th place<\/strong>: And another financing announcement makes it into the startups of the month, because Sewts raised in August in a Series A round seven million euros<\/a> In addition to existing investors Bayern Kapital, APEX Ventures, and High-Tech Gr\u00fcnderfonds, the Munich-based robotics startup also attracted the support of Emerald Technology Ventures, CNB Capital, EquityPitcher Ventures, and Nabtesco Technology Ventures. Sewts plans to use the fresh capital to advance its international growth ambitions. (Photo: Sewts)<\/figcaption><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"

In August, we will once again be choosing the Startups of the Month, i.e. the companies that have particularly interested many Munich Startup readers this month.<\/p>","protected":false},"author":24,"featured_media":93766,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5634,1],"tags":[4334],"acf":[],"yoast_head":"\nEure Startups des Monats - Munich Startup<\/title>\n<meta name=\"description\" content=\"Unsere Startups des Monats: Diese M\u00fcnchner Unternehmen haben im August besonders viele Munich Startup-LeserInnen interessiert.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/93896\/startups-of-the-month-august-2023\/\" \/>\n<link rel=\"next\" href=\"https:\/\/cms.munich-startup.net\/en\/93896\/startups-of-the-month-august-2023\/2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eure Startups des Monats - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Unsere Startups des Monats: Diese M\u00fcnchner Unternehmen haben im August besonders viele Munich Startup-LeserInnen interessiert.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/93896\/startups-of-the-month-august-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-31T09:30:00+00:00\" \/>\n<meta name=\"author\" content=\"Regina Bruckschl\u00f6gl\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Regina Bruckschl\u00f6gl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/en\/93896\/startups-of-the-month-august-2023\/\",\"url\":\"https:\/\/cms.munich-startup.net\/en\/93896\/startups-of-the-month-august-2023\/\",\"name\":\"Eure Startups des Monats - 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