German Startups Drive Deep Tech Growth

Germany’s startup ecosystem is showing resilience and recovery amid the COVID-19 pandemic, supported by a network of 12 regional Digital Hubs, strong university research links, and targeted government aid during lockdown. In 2019 Germany’s top 100 startups raised $11.1 billion, the country ranks third globally in deep tech startups, and measures include a €2 billion state aid package plus loan guarantees and individual rounds like Wandelbots’ $30 million Series B.
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