More and more start-ups are going bankrupt

Berlin

Since the beginning of 2022, 86 start-ups have announced their closure in the capital.

(Photo: IMAGO/Dirk Sattler)

Berlin. Dusseldorf No more unpackaged groceries from alpacas, no more e-cargo bikes from Avocargo and no more vegan nut spreads from Naughty Nuts. All these start-ups have disappeared from the market.

In Germany, more and more start-ups are going bankrupt because they can no longer cover their costs – and venture capitalists are less willing to inject fresh money. Since start-ups are usually not profitable in the initial stages operate, they are urgently dependent on the help of investors.

According to exclusive calculations by Startupdetector for the Handelsblatt newspaper, 67 start-ups filed for bankruptcy in the first quarter, compared to only 39 young companies in the same period last year. Berlin was hit hardest, where a total of 86 start-ups have announced their closure since the beginning of 2022. That is more than twice as many as in Munich or Hamburg.

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