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.

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

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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