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Halloween Special: Startup News Update

Halloween special edition of startup news. Personio undergoes major layoffs and exits US market. Calm/Storm Ventures and empact secure significant funding.

DE
deutsche-startups.de
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Fri, Oct 31, 25
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View originaldeutsche-startups.dearticle for the complete source.

Personio, a Munich-based HR unicorn, is making significant changes by laying off 165 employees across all departments and closing its US operations. This follows previous layoffs of 101 employees in January 2024 and 115 in November 2023.

Despite revenue growth to €144 million in 2023, the company still faces losses of €177 million and aims for profitability by 2026. Most of their revenue (89%) comes from the DACH region.

Calm/Storm Ventures, a Vienna HealthTech investor, has successfully closed its second fund at €27 million, bringing total assets to €50 million. Founded in 2020, they invest in digital health solutions with typical investments of €500,000.

empact, a Cologne GreenTech startup, secured €100 million from Sustainable Development Capital LLP to transform buildings into renewable energy power plants. The startup ecosystem remains active with continued investments in various sectors.

Original Article

deutsche-startups.de

https://www.deutsche-startups.de/2025/10/31/startupticker-personio-calm-storm-empact/

Comprehension Quiz
Question 1 of 30 Correct
What percentage of Personio's revenue comes from the DACH region?
75%
89%
95%
100%
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