Berlin and Munich among the 50 most important startup hubs in the world

An American study evaluated over 100,000 venture capital deals and assigned them to the world's startup hubs. Munich and Berlin made it into the global top 50.

The total volume of venture capital invested worldwide has risen rapidly in recent years. In 2010, $52 billion of venture capital flowed into approximately 8,600 deals. In 2017, the volume more than tripled to $171 billion, and the number of deals almost doubled to 14,800. These figures also show that the volume per deal has increased in recent years. This is the conclusion reached by a Study by the Center for American Entrepreneurship.

Munich ranks 42nd worldwide in terms of investment volume

From a German perspective, it is encouraging that two German cities, Berlin and Munich, make it into the top 50 of the world's most important startup hubs identified by the study.

In terms of the number of deals between 2015 and 2017, Munich ranks 44th with 215. Berlin saw 629 investments during this period, ranking 17th. Germany's most important VC hotspots performed even better in terms of deal volume. $1.5 billion flowed into the Munich startup scene, enough for 42nd place. Berlin companies secured $7.3 billion, placing 12th.

San Francisco (4,900) takes the top spots in terms of deal count, ahead of New York (3,287) and London (2,557). San Francisco also leads the ranking in deal volume with $82 billion, ahead of Beijing ($73 billion) and New York ($34 billion).

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