Berlin is home to more AI companies than any other German ecosystem and employs more than 5,000 people. AI companies in Berlin are expected to generate more than $2.2 billion in revenue by 2025. The ecosystem has internationally renowned centers such as the German Research Center for Artificial Intelligence, the Berlin Center for Machine Learning, and the Berlin Big Data Center. In addition, the government has announced it will invest $3.4 billion in developing the country’s AI capabilities and research over the next six years. Startups in the space include Ada Health, an AI-driven healthcare app, which raised $47 million in a Series A round in 2017.

Berlin’s Fintech ecosystem is home to numerous startup support organizations such as FinLeap, a VC firm focusing on Fintech investments and operating one of the largest hubs for Fintech startups in Europe, H:32. Incumbents such as Deutsche Bank and Axel Springer run innovation labs and accelerator programs, but the most exciting part are the startups themselves. Fintech unicorn N26 raised $300 million in Series D funding in January 2019 while Raisin, featured on the FinTech50 list of the top 50 Fintech startups across Europe in 2018, raised $114 million in a Series D round in 2019.