The Real Deal New York

Hamburg and Berlin compete for claim to be Germany’s tech hub, startup haven

The city perhaps best known as The Beatle's training stage is trying on a new look for size.
April 08, 2018 03:16PM

From left: Hamburg, Berlin. (Credit: Pixabay)

As European cities try to attract an expected post-Brexit wave of companies moving out of London, Hamburg is looking better and better.

With major tech companies like Google and Facebook already setting up shop in the German city, Hamburg’s mix of industry as a port city and financial center gives it a broad appeal, according to the Financial Times. Among other companies based in the city are Siemens and Airbus.

Last year, Hamburg-based startups raised €230 million in funding, as compared to €128 million in 2016, and, according to a recent study, the city now officially has more entrepreneurs per capita than Berlin. [FT]Erin Hudson