From celonis to gorillas: Germany’s unicorns in crisis check

From celonis to gorillas: Germany's unicorns in crisis check
unicorn on libra

Handelsblatt analyzed the data and spoke to founders, investors and bankers to find out how Germany’s 36 unicorns really are.

(Photo: Forial)

  • While there is still plenty of venture capital out there for founders, changing interest rates and the economic downturn are making financiers more selective.
  • Fresh capital is only available to companies that can demonstrate a reliable path to profitability – or are working on truly revolutionary growth.
  • Handelsblatt analyzes and evaluates the future prospects of all German unicorns.

The excitement surrounding the rise of the German start-up scene last year was so great that hardly anyone saw how it ended. According to the PitchBook database, a total of ten startups in Germany are set to become unicorns in 2021.

When a company is valued at least one billion euros by its investors, it is said to be visible.
>> read here: With unicorns, profitability now matters rather than fantasy

read now

Get access to this and every other article

Free for 4 weeks on the web and in our app.

continue

read now

Get access to this and every other article

Free for 4 weeks on the web and in our app.

continue

READ  Musk cancels meeting with Gates over Tesla short sale > teslamag.de
Written By
More from Thalia Vaughn
Mourners shell out their respects to Rayshard Brooks at public viewing
Democratic senators on Monday gave their strongest indications nevertheless they could block...
Read More
Leave a comment

Your email address will not be published. Required fields are marked *