German startups could use more venture capital, but Germany’s government has a plan

German startups could use more venture capital, but Germany’s government has a plan

2 years ago
Anonymous $Dcz6_RW03I

https://techcrunch.com/2022/08/20/german-startups-could-use-more-venture-capital-but-germanys-government-has-a-plan/

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Reading recently about Germany’s €30 billion plan for its startups, I was intrigued. Did the country start to envy La French Tech? Is it hoping to rival post-Brexit U.K.? Perhaps both, but it also has a national goal — making sure that profits from homegrown successes stay home. Let’s explore. — Anna

German startups could use more venture capital, but Germany’s government has a plan

Aug 20, 2022, 5:28pm UTC
https://techcrunch.com/2022/08/20/german-startups-could-use-more-venture-capital-but-germanys-government-has-a-plan/ > Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. > Reading recently about Germany’s €30 billion plan for its startups, I was intrigued. Did the country start to envy La French Tech? Is it hoping to rival post-Brexit U.K.? Perhaps both, but it also has a national goal — making sure that profits from homegrown successes stay home. Let’s explore. — Anna