German Tech Startup 1Komma5 Joins Klarna in Postponing US IPO Plans

German tech startup 1Komma5 Grad has postponed its planned 2025 U.S. IPO, following Swedish fintech firm Klarna in rethinking U.S. listing strategies. Market disruptions triggered by President Trump's new renewable energy and trade policies, including recently imposed tariffs, have increased volatility and uncertainty in U.S. markets.

These challenges, noted as early as April 2025, have prompted a broader re-evaluation among European companies regarding the benefits and risks of U.S. listings. Additional research points to similar hesitations among firms like Italian cybersecurity company Exein, alongside caution from investors in fintech sectors, as geopolitical tensions continue to reshape the market landscape.