The 5th German Startup Monitor for Germany was published by Bundesverband Deutsche Startups e.V.

It defines a startup as a company that:

a) is younger than 10 years,

b) features innovative technologies,

c) has a significant employee or sales growth.

Let’s start with TOP 10 FACTS about GERMAN STARTUPS!

  1. 16.8% of Startups in Germany come from Berlin, followed by Rhein-Ruhr region with 11.3%.
  2. TU Minich is the leader among German universities when it comes to the number of startup founders.
  3. 3 out of 4 startups are founded by teams and not by solo entrepreneurs.
  4. Berlin has the highest share of female founders – 16.2%; Munich and Hamburg are the most “male” startup cities with only 10.5% female entrepreneurs.
  5. 81% of German founders have a university degree.
  6. 56% of German startups in 2017 focus on B2B business strategies.
  7. Average startup owner was 35.3 years old in Germany in 2017.
  8. 4 out of 10 startups were founded by serial entrepreneurs in Germany.
  9. Startups collected 2.1 bn EUR external capital to date in Germany. They plan to raise additional 1 billion in the next 12 months.
  10. Industries popular among founders are related to IT and new technologies: IT software development, software as a service, industrial technology and production, hardware, e-commerce, online marketplace.

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