E 784 — Startup News Oct 2026: The Physical AI Bargain

Blockchain Germany – Web3 Startups, Crypto Innovation & Venture Capital by Startuprad.io™ · Oct 30, 2026 · 26m

No crypto deal led the month in Germany, Austria and Switzerland; capital went to physical AI. €4.5B in Q3, NVIDIA stakes in four German startups.

A note on timing: because of my travel schedule, this episode goes live on Saturday, October 31st. Happy Halloween.

Venture capital context for Web3 founders: where capital in Germany, Austria and Switzerland went this month. German startups raised more than €4.5B in Q3 2026, the best quarter since late 2021 (KfW). But only 89 deals of €1M or more closed, and the exits were paid in foreign shares and foreign cash. Joe Menninger names the pattern…