New Kids on the Block: German startups founded in 2024 that raised 1M or more in their debut year - Silicon Canals
Briefly

74.7% of German startups now focus on B2B customers, highlighting a significant shift from traditional consumer-oriented models, signaling the changing landscape of entrepreneurship in Germany.
With a growing emphasis on deep tech and AI, 11.4% of German startups are engaging in disruptive technologies like quantum computing and robotics, particularly benefiting sectors like MedTech and energy.
The report indicates Berlin and Munich are at the forefront of the startup ecosystem, housing 19% and 17% of startups respectively, while other regions like North Rhine-Westphalia are emerging.
Despite challenges in securing funding, many startups still manage to raise significant capital, with several achieving over €1M in their first operational year, showcasing resilience in a competitive market.
Read at Silicon Canals
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