ECONOMY GERMANY 2022
Focus 44
BERLIN IS A MAJOR TECH POWERHOUSE It is Germany’s largest industrial town and a major centre of trade and technological development; many companies maintain facilities in the city
erlin is one of Europe's leading centers of science and research with numerous innovative start-ups and investment projects in growth industries such as biotechnology and medical technology as well as in the new key technologies. As such, Berlin is one of Germany's top three venture capital hotspots. An average of 20 percent of German VC capital flows into high-tech companies in Berlin. Venture capitalists in Berlin provide financing for every phase of new business undertakings. The city boasts a tightly linked network of venture capitalists, business angels and entrepreneurial teams. Berlin plays host to im-
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