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Germany's VCs hunt for software startups

In a strong start to year, they have invested US$467m across 87 equity deals in German-based firms in Q1

Published Tue, Apr 18, 2017 · 09:50 PM
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Frankfurt

DESPITE a lack of big consumer deals, and Berlin losing out to London as the European hub of venture capital (VC), German investors have notched an up-tick in deals over the first quarter and are on the hunt for software startups.

VC firms invested US$467 million across 87 equity deals in German-based startups in Q1, according to data from researcher CB Insights. That compares with US$356 million across 91 deals in Q1 of last year. However, this is dow…

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