Ex-corns: These 12 German startups were once worth billions

Once upon a time, there was a unicorn. And now it's no longer one. This fairy tale is also constantly being rewritten in the startup world. Because things change: Markets, trends, customer interests – and even company valuations. A company that reaches a one-billion-dollar valuation in one financing round doesn't necessarily have to achieve the same in the next round, whenever that may be.

Of course, companies don't like to talk about this openly or openly. But in some cases from the German unicorn herd, it's clear that the companies in question were once unicorns, but are no longer. Here are twelve such cases:

• Highest known company value: 1.7 billion euros (1.9 billion dollars); as of November 2022
• Founders: Stephan Wolf (Co-Founder & Chief Software Advisor), Alexander Zosel (Co-Founder & Chief Innovation Officer)
• City: Bruchsal