Mon, Jan 27, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Berlin leads in continental European VC deals

Monday, September 09, 2019

Laxman Pai, Opalesque Asia:

It is an exciting time for start-ups in Berlin, as venture capital firms recognize growth opportunities and channel funds into new businesses in the city, said Preqin.

Berlin is fast becoming the German equivalent of San Francisco and London in the US and UK respectively. And the reasons are similar. Increasing digitization has enabled creative people to innovate, set new trends, found companies, create jobs and build a digital economy.

At the midpoint of 2019, venture capital deals in Berlin have broken their annual record in terms of aggregate value, totaling EUR2.2bn from only 94 deals, according to Preqin Insights.

With these figures likely to increase by the end of the year, Berlin is narrowing the gap with London as the largest European venture capital hub - deals in London so far this year amount to €3.8bn in comparison, and €1.7bn for transactions in Paris.

From 2007 to 2011, Berlin-based start-ups struggled to attract funding from venture capital firms, but in 2012 the number of deals shot up by 67% to 117, which completed for a total of €288mn. Since then the number of deals has remained high, reaching a peak of 182 deals in 2016, and the value of these transactions has generally followed an upward trend.

Berlin nurtures start-ups

"Berlin is the perfect storm of affordable rents and available co-working spaces, along with accelerator programs, numerous incubators, talent in Central & Eastern Europe......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. J.P. Morgan makes strategic investment in tech company for alternatives[more]

    Laxman Pai, Opalesque Asia: J.P. Morgan has taken an equity stake in Arcesium, an investment-management technology business that D.E. Shaw & Co. launched as an independent company in 2015. New York-based Arcesium LLC is an investment management technology and services firm, offering services i

  2. People: Hedge fund godfather Lord Fink to chair HSBC backed tech start-up Bud, Swiss investment boutique appoints CIO & CCO[more]

    Hedge fund godfather Lord Fink to chair HSBC backed tech start-up Bud From Standard: Hedge fund tycoon Lord Fink has been named chairman of bank software start-up Bud, which is backed by HSBC and Goldman Sachs. Fink, dubbed the "Godfather of hedge funds" for his role at Man Group, inves

  3. Legal: Hedge-fund Felon hid criminal past to woo crypto investors, U.S. charges, Partners Group sued over alleged breach of non-disclosure agreements[more]

    Hedge-fund Felon hid criminal past to woo crypto investors, U.S. charges From Bloomberg: A Toronto man who served time in prison after his hedge fund collapsed later concealed his identity and criminal past to defraud investors of $30 million through an initial coin offering of digital

  4. Regulatory: Woodford fund shows vulnerable side of shadow banking, regulator says, A new framework for Cayman's regulatory regime for investment funds[more]

    Woodford fund shows vulnerable side of shadow banking, regulator says From Reuters: The closure of the Woodford fund in Britain showed how the $184 trillion shadow-banking sector can be vulnerable even in normal market conditions, the Financial Stability Board (FSB) said in a report on

  5. Legal: Vista Equity sued by portfolio company founder, Appeal court's rush on insider trading decision will hurt Wall Street[more]

    Vista Equity sued by portfolio company founder The founder of a Vista Equity Partners Management portfolio company is accusing the private-equity firm of fraud in a lawsuit he filed last week. Brad Perry, the founder of an automotive software company called DealerSocket, filed a sui