German tech startup 1Komma5 joins Klarna in shelving US IPO plans

Quick Summary:

German unicorn 1Komma5 Grad has joined Sweden's Klarna in reassessing plans for a U.S.float as President Trump's renewable energy and trade policies have roiled markets.

European tech startups have looked to the U.S.to attract more liquidity, expand faster and face less regulatory hurdles than in their home markets.

"Due to recent tariffs and market reaction we have postponed IPO plans to review the timeline," the company's founder and CEO Philipp Schroeder told Reuters.

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Category: EconomyBusiness

Markets: SingaporeGermanySweden

Topics: York Tech Markets Stock Companies Unicorn Market Recent Exchange 2025 Listing

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 20:49:21 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 566 words

Reading Time: 4 minutes read

Sentences: 20 lines

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Copyright Owner: © Channel News Asia

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