- Although there is still plenty of venture capital for founders, the turnaround in interest rates and the economic downturn are making financiers more selective.
- Fresh capital is only available for companies that can demonstrate a credible path to profitability – or are working on truly revolutionary developments.
- The Handelsblatt analyzes and evaluates the future prospects of all German unicorns.
The euphoria surrounding the rise of the German start-up scene last year was so great that hardly anyone noticed how it ended. According to the Pitchbook database, a total of ten start-ups in Germany have become unicorns in 2021.
That’s what the scene calls it when the company is valued by its investors at at least one billion euros.
>> Read here: With the unicorns, profitability now counts instead of imagination
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