Berlin has solidified its status as Germany's startup capital, with approximately 500 companies founded each year. The city attracts entrepreneurs and innovators globally, fostering a dynamic and diverse business environment.
Berlin's economy grew by 0.8% in 2024, outperforming the national average. Despite economic challenges, Germany experienced an 11% increase in startup formations in 2024, with a total of 2,766 new startups registered, reflecting the country's robust entrepreneurial spirit and Berlin's pivotal role as a leading startup hub.
A strong base of local and international VCs, including Earlybird, Project A, and HV Capital, fuel Berlin’s investment activity. HTGF is one of Germany’s most active early-stage investors, pouring funds into over 750 startups since its inception. The Opportunity Fund will launch with a fund volume of $720 million. The German government announced it will invest $13 billion into domestic startups by 2030, alongside private capital sources including Deutsche Bank and Allianz.
The Chancenkarte, which opened for applications in June 2024, offers a new points-based system that rates applicants by specific criteria, including academic qualifications, language skills, and past professional experience. Those granted the Opportunity Card can live in Germany for up to one year while looking for work, rather than requiring an employer to sponsor them beforehand.
The Startup Summit 2024 in Berlin introduced the WIN initiative, which aims to position Germany as a leading center for innovation and entrepreneurial growth in Europe. GITEX Europe was held in Berlin in May 2025.
