Some of the most significant and valuable start-ups are operating in highly regulated industries. These include FinTech-, HealthTech and mobility start-ups. Founding, financing and scaling a company whose business model is heavily regulated entails very special challenges. These concern the acting stakeholders, such as founders, team, customers and investors, as well as the conception of the respective product and the financing of the company. In line with the conference’s overarching theme "Beyond the Obvious", we will discuss these often hidden but commercially crucial challenges.