German Start-Ups: Suddenly the Billions Flow
4 Articles
4 Articles
9.36 billion euros in just seven months: German start-ups steer past the old record year 2022, and this time the money does not flow into delivery services, but into armor, AI and robotics.
Exclusive data show that investments in German start-ups are already close to 800 million euros above the previous record year 2022. Why the boom this year is different.
German startups raised more money in the first seven months of this year than ever before. From January to July, a total of €9.36 billion flowed into German startups, reports the Handelsblatt, citing data from the US data service Pitchbook. This is around €800 million more than in the same period of the previous record year, 2022. Investors and experts expect the total funding to reach a new high for the year as a whole. Unlike during the coron…
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