German startups raised more than 1.8 billion euros in financing rounds in the first half of 2018. This emerges from an evaluation by the strategy consultancy LSP Digital . The top three sectors according to invested risk capital are automotive (564 million euros), finance & insurance (376 million euros) and healthcare (305 million euros). The ranking shown represents 95 percent of the total risk capital invested. Berlin is still the undisputed number one startup metropolis. The German capital attracts around two thirds of all startup investments.
The graphic shows the top 10 industries in Germany according to invested risk capital
Digitalization is shaping the business of German start-ups
Anyone founding a start-up in Germany cannot avoid digitalization. According to the “German Startup Monitor 2017” by auditors KPMG , 61.1 percent of German founders state that digitalization has a very large influence on their business model.
As our infographic shows, Germany is also the most important market for German start-ups with 78.7 percent of sales. The rest of the EU is the second most important market. According to Monitor, for two out of three start-ups, differences in legislation and regulation are the biggest challenge for internationalization.
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