Multiple founders receive more capital

Repeat founders have a good chance of receiving more money in the first round of financing. What's more, Berlin is still the most lucrative place to start a business.

Good news for multiple founders: Their experience also pays off when it comes to financing their start-ups. As an analysis by Redstone for the Handelsblatt shows, multiple founders raise twice as much money in their first round of financing than first-time founders. This involves investments from investors. Business angels, on the other hand, invest the same amount in start-ups with multiple founders and first-time founders: an average of 600,000 euros.

Multiple founders are particularly prevalent in Berlin, where there is one multiple founder for every five founders, whereas in Hamburg only one in twelve is a repeat founder. In Düsseldorf, Redstone counted 147 start-ups, seven of which were founded by multiple founders. In Leipzig, for every 249 newly registered start-ups, there are only 34 multiple founders.

When it comes to money, the German capital continues to lead the field. In the first quarter, 1.5 billion euros of the total of three billion euros that flowed into start-ups went to Berlin.