Despite Corona: More start-ups in 2020 than in the previous year

There were 13 percent more startups last year than there were in 2019, and analytics firm Startupdetector analyzed which sectors saw the most new companies.

2,857 startups - and thus 13 percent more than in 2019 - were newly registered in the commercial register last year. This is the result of an evaluation by the analysis company Startupdetector. Had it not been for the Corona crisis, there would have been even more startups, according to the study.

According to the study, most startups are still created in Berlin. 24 percent of all new start-ups are founded in the German capital. This is followed by Bavaria with 19 percent and NRW with 17 percent. In terms of sectors, the areas of software, medicine and e-commerce are particularly interesting for founders. In contrast, there were hardly any start-ups in the areas of blockchain, environmental technology and insurance.

In the second and third quarters of 2020, the number of financing rounds declined, according to the study, but recovered in the fourth quarter. There were a total of 1,690 funding rounds in 2020, and while VC investments started to pick up in the third quarter, angel investors remained cautious for a bit longer, similar to companies investing in startups.