Start-up investments in Germany fall by 50 percent

Young technology companies from Germany are receiving significantly less money from investors. However, the start-up scene is coming off the back of a strong past year.

According to an evaluation by the analysis company CB Insights, venture capitalists have recently invested significantly less in German start-ups. This is reported by Der Spiegel. In the third quarter, it was 1.7 billion US dollars, half as much as in the previous quarter and almost three quarters less than in autumn 2021, when a record 6.1 billion dollars flowed in.

The German start-up scene is thus cooling down again somewhat after years of upswing and an exceptional year in 2021. While the number of deals actually rose from 200 to 220 compared to the second quarter, large financing rounds are becoming rarer, writes Der Spiegel.

Only two technology companies received more than 100 million dollars in the past three months: the Munich-based software company Celonis and the online insurer Wefox from Berlin, in which investors invested 400 million dollars each Last fall, Gorillas and Flink alone raised almost 1.75 billion dollars from investors - about as much money as flowed into the entire German start-up sector in the past quarter, according to Der Spiegel.