With 58 % of the venture capital invested throughout Germany, Berlin is clearly the most important region for tech investments. This puts the investment volume of venture capital in Berlin in 2020 at 3.1 billion euros.
Berlin continues to be one of the top European locations for such investment and is just behind London on the second place. In addition, Berlin is developing into Germany's fintech hub: 34.8% of all fintech companies in Germany are based here; only 10.6% make their home in Frankfurt, generally considered the country's financial centre.
Local business angels, company owned and university related incubators, accelerators as well as national and international venture capital investors support Berlin’s young entrepreneurs in the foundation phase. Numerous successful startups have emerged that way, e.g. Zalando, Mister Spex, N26, SoundCloud, Wooga oder Delivery Hero.