
Germany experienced a notable shift in venture capital (VC) investment trends in January 2024 despite a decline in the number of deals compared to the same month in previous year. While deal volume decreased, the total value of investments surged, showcasing resilience amidst global market uncertainties. This contrasted with declines seen in major markets like the US, China, the UK, and India. However, despite this growth, there is a pressing need for an innovation strategy to cultivate unicorn startups, reveals GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that a total of 28 VC funding deals were announced in Germany during January 2024, which is a year-on-year (YoY) decline of 36.4% compared to announcement of 44 deals during January 2023. However, despite the decline in deals volume, the total value of investments grew by 33.9% YoY from $594.3 million in January 2023 to $796 million in January 2024.
Germany experienced a notable shift in venture capital (VC) investment trends in January 2024 despite a decline in the number of deals compared to the same month in previous year. While deal volume decreased, the total value of investments surged, showcasing resilience amidst global market uncertainties. This contrasted with declines seen in major markets like the US, China, the UK, and India. However, despite this growth, there is a pressing need for an innovation strategy to cultivate unicorn startups, reveals GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that a total of 28 VC funding deals were announced in Germany during January 2024, which is a year-on-year (YoY) decline of 36.4% compared to announcement of 44 deals during January 2023. However, despite the decline in deals volume, the total value of investments grew by 33.9% YoY from $594.3 million in January 2023 to $796 million in January 2024.