1、March 2023Berlin Startup Employment2023 Berlin Startup Employment2023Page/2 “After the all-time high Venture Capital year of 2021,expectations for 2022 were not too encouraging across the globe.But even in times of climate crisis,war,inflation and energy scarcity,the Berlin startup ecosystem proved
2、robust.Despite ongoing adjustments and consolidations in the markets worldwide,VC numbers in 2022 were still the second highest ever for Berlins ecosystem.A look at the current startup-map.berlin,which we as State of Berlin provide by partnering up with Dealroom.co,already confirms considerable VC r
3、ounds in Berlin in 2023.On the other hand,news on job cuts around the world especially in large tech companies are making the rounds.But as we learn in this brief report,especially young companies keep the Berlin pace:smaller companies are the biggest job creators and a key factor for overall growin
4、g employment numbers in Berlin.A considerable amount of these jobs was created by companies and startups from abroad.What we also see in this report is that fintech and health as well as social and impact startups play a major role in the Berlin ecosystem,helping to make the ecosystem grow even in y
5、ears of consolidation.While the report also confirms that most startups were founded by men,Berlin is taking considerable steps towards encouraging and supporting female entrepreneurship and founders in order to boost the potential of the citys ecosystem.An additional quantitative report to show the
6、 overall picture on diversity and impact in startups will appear this spring.More than 73.000 employees work in the Berlin startup ecosystem.The Senate of Berlin continues to support this development with its brand new Startup Agenda and in close cooperation with the IBB Berlins Business Development
7、 Bank,Berlin Partner for Economy and Technology,the Startup-map.berlin,and further organizations and initiatives.ForewordStephan SchwarzSenator for Economics,Energy and Public EnterprisesPage/3 Table of contents.State of Startup jobs in BerlinThe determinants of job creation in BerlinIndustry deep d
8、ives:eCommerce,Impact,Fintech,HealthMethodologyThe determinants of job creation in BerlinIndustry deep dives:eCommerce,Impact,Fintech,HealthMethodologyCarla NapoleoInnovation Analyst at Dealroom.coLouisGeoffroy-TerrynEcosystem Research Lead at Dealroom.coFINALAuthors:With the support of:Norbert Herr
9、mannStartup Affairs at Berlin Senate Department for Economics,Energy&Public EnterprisesXXXOther publications on Berlin ecosystem.Louis Geoffroy-TerrynEcosystem Research Lead at Dealroom.coNorbert HerrmannStartup Affairs at Berlin Senate Department for Economics,Energy&Public EnterprisesWith the supp
10、ort of:Startup jobs in Berlin 2020Berlin ecosystem 2019Projekt Zukunft:Berlin:Startup report(2022)Read previous editions:This is the fourth edition in the Berlin Startup Employment report series.Page/4 What you need to know.3 in every 5 jobs created in Berlins startup ecosystem are created by smalle
11、r companies.The majority of local jobs are created by companies with less than 500 employees.As of December 2022,2.3K+startups and scaleups employed 62%of all employees in the ecosystem.Berlin-based startups continue to be job growth engines.39%of new startup roles in the last year were created by t
12、he youngest cohort of companies(founded since 2017).Layoffs have impacted mostly late-stage companies,while seed and early-stage are holding up far better.Not all companies have been impacted equally by tech layoffs.So far,smaller companies,the biggest job creators,seem to fare better than late-stag
13、e companies.Berlin impact startups generate 9%of total number of local jobs.Impact startups currently generate 9%of the total number of startups jobs,up 18%since January 2022.Berlins startup sector is growing59K+BerlinPLACEHOLDER TO BE ADDED KEY TAKEAWAYS2.4K startupsJob-creating homegrown startups
14、on the Berlin-startups Database.73K Jobs in BerlinThe Berlin startup ecosystem currently supports 73K+local jobs.+5.7K new jobs since Jan 2022Jobs created by Berlin-based startups over past year(Jan.2023-Jan.2023)76KJobs abroadJobs created by Berlin-based startups outside of Germany.FINALSource:Deal
15、room.co.+5.7K new jobs since Jan 2022Jobs created by Berlin-based startups over past year(Jan.2023-Jan.2023)2.4K startupsJob-creating homegrown startups on the Berlin-startups Database.76KJobs abroadJobs created by Berlin-based startups outside of Germany.Key Figures.+5.7K new jobs since Jan 2022Job
16、s created by Berlin-based startups over past year(Jan.2023-Jan.2023)2.4K startupsJob-creating homegrown startups on the Berlin-startups Database.76KJobs abroadJobs created by Berlin-based startups outside of Germany.3 in every 5 jobs created in Berlins startup ecosystem are created by smaller compan
17、ies.The majority of local jobs are created by companies with less than 500 employees.As of December 2022,2.3K+startups and scaleups employed 62%of all employees in the ecosystem.3 von 5 Arbeitspltzen,die in Berlins Startup-kosystem geschaffen werden,entstehen in kleineren Unternehmen.Die Mehrheit de
18、r lokalen Arbeitspltze wird von Unternehmen mit weniger als 500 Mitarbeitern geschaffen.Im Dezember 2022 beschftigten 2,3K+Startups und Scaleups 62%aller Beschftigten im kosystem.Layoffs have impacted mostly late-stage companies,while seed and early-stage are holding up far better.Not all companies
19、have been impacted equally by tech layoffs.So far,smaller companies,the biggest job creators,seem to fare better than late-stage companies.Entlassungen haben vor allem Late-stage Unternehmen,whrend sich die Seed und Early-stage unternehmen weitaus besser halten.Nicht alle Unternehmen sind gleicherma
20、en von den Entlassungen im Technologiesektor betroffen.Bislang scheinen kleinere Unternehmen,die die meisten Arbeitspltze schaffen,besser dazustehen als Unternehmen in der Sptphase.Berlin-based startups continue to be job growth engines.39%of new startup roles in the last year were created by the yo
21、ungest cohort of companies(founded since 2017).Berliner Startups sind weiterhin Motoren des Beschftigungswachstums.39%der neuen Startup-Stellen im letzten Jahr wurden von der jngsten Kohorte von Unternehmen(gegrndet seit 2017)geschaffen.Berlin impact startups generate 9%of total number of local jobs
22、.Impact startups currently generate 9%of the total number of startups jobs,up 18%since January 2022.Berliner Impact-Startups generieren 9%der gesamten lokalen Arbeitspltze.Impact-Startups generieren derzeit 9%der gesamten Arbeitspltze in Startups,ein Anstieg um 18%seit Januar 2022.73K Jobs in Berlin
23、created by local startups+5.7K new jobs since Jan 20222.4K Job-creating startupson startup-map.berlin76K Jobs abroadcreated by Berlin startupsKey figuresVisit Berlins startup database to explore the Berlin tech ecosystem in greater depth.The first open digital database covering startups,scaleups and
24、 funding in Berlin.The platform catalogues the collective regional tech ecosystem,covering areas such as newly founded and scaling companies,funding,investors,accelerators,and job opportunities.Powered byInitiated byFINALVisit the platformPage/6 Companies in this reportUseful terms to navigate this
25、report.A company designed to grow fast.Generally,such companies are VC-investable businesses.read moreRapidly scaling company(and tech enabled)that has reached a$1 billion valuation.read moreTotal number of employees at homegrown Berlinbased startups.Jobs based in the companys own headquarters locat
26、ions,e.g.jobs at Zalando in Berlin.All jobs created by Berlin-based startups globally,including jobs in headquarters and in the rest of Germany,e.g.N26s global workforce.StartupUnicornsStartup jobsLocal jobsGlobal jobsGrownupsMore than 500 people globally,founded in Berlin after 1990.Scaleups50-500
27、people globally,founded in Berlin after 1990.StartupsCompanies designed to grow fast.VC-backed business model.Less than 50 people,founded in Berlin after 1990.Useful terms to navigate this reportA company designed to grow fast.Generally,such companies are VC-investable businesses.Rapidly scaling com
28、pany(and tech enabled)that has reached a$1 billion valuation.Fast-growing companies founded after 1990,valued between$250M-$1B,which raised at least one funding round since 2017(see Berlins future unicorns).Startups with current main center of business in Berlin.Jobs based in the companys own headqu
29、arters locations,e.g.jobs at Zalando in Berlin.All jobs created by Berlin-based startups globally,including jobs in headquarters and in the rest of Germany,e.g.N26s global workforce.StartupUnicornHomegrown startupGlobal jobsLocal jobsFor more detailed information on the methodology and underlying da
30、ta can be found in the dedicated section at the end of this report,and on knowledge.dealroom.co.Future unicornNote:unless otherwise mentioned,“jobs”refer to local jobs throughout this report.More detailed information on the methodology and underlying data can be found in the dedicated section at the
31、 end of this report,and on knowledge.dealroom.co.FINALSource:Dealroom.co.For full methodology about the dataset read pages 22-24.Page/7 Page/7 10-50M50+M25020015022companies21companiesSource:Dealroom.co.*Includes startups with current main center of business(HQ)in Berlin.In 2022,Berlin startups rais
32、ed 4.9B,a 55%decrease compared to 2021,but was still over 50%higher than 2020 numbers.Despite Berlin startups having only raised 45%in VC funding in 2022 of the total raised in 2021,not all funding stages were impacted equally.While late stage investment(40M+)decreased 70%in the last twelve months,e
33、arly stage investment(40M)has increased by 10%during the same period.Megarounds(100M)were particularly impacted,with just 8 megarounds,down from a peak of 24 in 2021.20212020201120122013201420152016201720182019201010B5BVC Funding of Berlin startups*view online 4.9B10.9B3.1B15B2022 01M(pre-seed)14M(s
34、eed)415M(Series A)1540M(Series B)40100M(Series C)100-250M 250M+FINALPage/8 10-50M50+M25020015022companies21companiesAlternative sources of investment contribute two fifths of Berlins total investment raised since 2017.Source:Dealroom.co.*Other investor type includes all other investor types other th
35、an venture capital and corporate,such as Accelerators,Private Equity and others.*Angel investor type includes Angel and Angel funds.VC funding by investor type 5-year Average view onlineCorporate22%Angel*9%Others*8%Explore the list22%9%Angels*Others*60%Venture Capital9%CorporateExplore the VC fundin
36、gs with Angel participation in 2022 FINALPage/9 VC-backed or not:very different growth trajectories1MFunding(seed+)Year 1Year 10Year 514 people after 10 years(avg.)21 people after 10 years(avg.)4MFunding(Series A+)84 people after 10 years(avg.)Theres a positive correlation between startups and ventu
37、re capital.On average,startups receiving seed funding scale twice as fast as those that didnt.Series A+startups grow four times faster.VC-backed startups scale their headcount faster,as companies invest in people.No Known Investment1560120 240480Average team size(local employees)by VC-funding stage,
38、20220-1M1-4M4-15M15-40M40M+100+110+250+190+170+1.6K+startups67%of companies in this report are not VC-backed.30Source:Dealroom.co.Dataset:2.4K companies with known employment data.Period:December 2022.FINALPage/10 Source:Dealroom.co.Dataset:73K local jobs created by 2.4K Berlin-based companies and 1
39、7K+jobs created by 170+foreign companies.Period:December 2022.3 out of every 5 jobs created in Berlins ecosystem are created by smaller companies.In Berlin,unicorns-companies valued above$1B account for 31%of all jobs created in Berlins ecosystem.Just the five biggest employers(Zalando,Delivery Hero
40、,HelloFresh,N26 Group,AUTO1 Group),all of which are unicorns,account for nearly 20%of all startup jobs in Berlin.Although Berlins biggest success cases account for a sizeable share of all jobs,the vast majority of jobs are created by smaller companies those with fewer than 500 employees.The 2.4K sta
41、rtups and scaleups employ 45K people,as they account for 62%of all jobs in the ecosystem.Looking at the bigger picture roughly 3 in every 5 jobs created in Berlins ecosystem are created by smaller companies(startups and scaleups).Startups(1.9K companies)Scaleups(412 companies)Grownups(16 companies)1
42、7K jobs(24%)28K jobs(38%)5K jobs(7%)23K jobs(31%)Unicorns*(31 companies)Startups1.9K companies8 avg.years old9 avg.employeesNumber of Berlin-based jobs by company type.Scaleups412 companies15 avg.years old68 avg.employeesGrownups16 companies12 avg.years old317 avg.employeesUnicorns40 companies9 avg.
43、years old728 avg.employeesUnicorns-companies valued above$1B-only provide less than 10%of all startups jobs in the Nordics.Although the regions biggest success stories,like Spotify or Wolt,each create many jobs in their home countries.In other Nordic countries and beyond,most jobs are created by a l
44、ong-tail of Nordic startups(2-50 employees)and scaleups(51-500 employees).Considering the broader picture,1 in every 2 jobs created by Nordic startups are created by 1.5K scaleups.FINAL25k50k75k100k170+Foreign startups90K+2.6K companies17K+28K+5K+23K+17K+Page/11 Younger companies account for over a
45、quarter of all local jobs.The 1.1K companies founded since 2017 employ 19K+of Berlins startup workforce(or 27%).Some of the biggest employers in this cohort,include Plan A,Tier and CoachHub.The younger cohort of companies create the most new jobs.Companies founded after 2017 generated 39%of all new
46、jobs created in the ecosystem since January 2022.This is also the biggest cohort by number of startups,accounting for 46%of all job creating startups in Berlin.Job creation in the older generation of startups slowed down.The 170+companies founded between 1990-2005 were the only cohort where there wa
47、s a job lost since the beginning of the year.In Berlin the younger generation of startups is taking over,owing to the companies life cycle and signs of a growing ecosystem.In Berlin,the youngest cohorts of companies are creating jobs at a faster rate.10K 20K 30K 40K+3.4K jobs Period Jan 2022 to Dec
48、2022-0.3K jobs Total jobs+2.2K jobs +0.3K jobs In our previous reports,older homegrown companies founded before 2005 were the biggest employers,having had most time to grow.But now a younger generation of startups is taking over.Companies founded after 2010 grew their ranks the fastest at 12%year-on
49、-year since January 2020,creating 79%of all new local jobs at homegrown companies.The youngest cohort of startups(founded after 2016)provided a boost to job creation in Amsterdam:just 686 companies added 2.1K jobs since January 2020.Older startups employ more people:the average team size at companie
50、s aged 10+years is 30 employees.This compares to 19 employees at companies aged 5-10 years and nine employees at companies founded since 2016.What is more,older startups still create jobs 10+years on:each company founded more than 10 years ago created an average of 3.6 jobs since 2018.Companies laun
51、ched since 2016 created just 0.2 more jobs on average.But there are far fewer older companies than younger startups:owing to companies life cycles and a sign of a growing startup ecosystem in Victoria,just 283 active startups are 11 years old or more(as well as another 5 Unicorns founded before 2000
52、).This compares to 629 companies founded in the past four years,which already created over 6,400 jobs.The newer the startup,the more new jobs.Startups founded since 2016 generated 39%of all jobs created since 2018,or 2,300 new jobs,while startups aged 5-10 years contributed another 35%(2,100)new job
53、s.Older startups(10+years old),created the remaining 26%(1,500)new jobs.The overall Dutch economy grew by 4.8%last year,its strongest registered growth since 1998*.Following a similar trend observed in previous reports,startups are an above average growing industry with an annual growth of 7.6%.Comp
54、anies founded before 2005 remain the biggest employers in the dutch startup and scaleup ecosystem,currently employing nearly 51K people across the country.However,this cohort of companies now records the slowest growth,at 6.4%year-over-year on average.The youngest cohort of companies is now contribu
55、ting to 17K jobs.1990-20052006-20112012-20162017-nowFINALFINALSource:Dealroom.co.Dataset:2.4K Berlin-based companies with known employment data.+2%+2%+13%+17%-5%Page/12 Source:Dealroom.co.*A unicorn is defined as a rapidly scaling company(and tech enabled)that has reached a$1 billion valuation,on th
56、e basis of a funding round(unrealised),acquisition or IPO(realised).Although the majority of the ecosystem value resides in more mature companies,over half of all jobs are created by smaller,medium-sized companies.Combined valuation of 31 Berlin-based Unicorns*Jobs created by Berlin-based unicornsCo
57、mbined enterprise value of all other startups and scaleupsJobs at the next 50 biggest scaleupsAll other startups and scaleupsCombined valuation of the next 50 largest companies23K+Jobs31%12K+Jobs17%38K+Jobs53%SolarisZalandoDelivery HeroHelloFreshN26 GroupAUTO1 GroupGetYourGuideInfarmIdealoBabbelMBit
58、ionMcMaklerAbletonZenJobHome24HeyJobsHighsnobietyQuenticThermondoGardenPeaqBetterguardsAutomation HeroHiveBrainEffectPlan APets DeliCobotHigh Mobility Brea87B62%12B9%41B29%23k+jobs31%12k+jobs17%38k+jobs52%All other startups and scaleupsJobs at the next 50 biggest scaleupsJobs created by Berlin-based
59、 unicornsFINALPage/13 In Berlin,layoffs have impacted mostly late-stage companies so far while smaller companies are holding up far better in comparison.Foreign Tech with secondaryoffices in BerlinBerlin-based scaleups and grownupsRecent layoffs announced by startups&tech companies with a presence i
60、n BerlinSelected startups actively hiring BerlinExplore all Berlin-based startups and scaleups actively hiring in Berlin Source:Dealroom.co.*Dealroom analysis based on compile publicly reporting on layoffs by Berlin-based scaleups and grownups,and foreign tech present in Berlin as of February 2023.A
61、mid the downturn,layoffs have impacted tech companies globally.Household names of the Berlin tech ecosystem have announced major strategic shifts,including hiring freezes and restructuring plans over the past year.This has had a visible effect on job creation and to a lesser extent,on the overall nu
62、mber of jobs in the ecosystem*.But not all companies have been impacted equally.So far,smaller companies,the biggest job creators,seem to fare better than late-stage companies,leaving net job creation largely in the green.FINAL Explore all foreign startups hiringin Berlin Berlin-based layoffs announ
63、cement food/delivery:HelloFresh(jan 2023)https:/ Hero(Nov 2022):https:/ 2022)300 peoplehttps:/ scaleups&Grownups layoffs announcedForto(Jan 2023):https:/ Infarm(Jan 2022):https:/ 2023):https:/ NOW(Dec 2022):https:/ 2023):https:/ 2023):https:/ at BigTech(with presence in Berlin):SAP(Jan 2023):https:/
64、 Spotify:https:/ Googlehttps:/blog.google/inside-google/message-ceo/january-update/Metahttps:/ Amazonhttps:/www.lemonde.fr/en/economy/article/2023/01/05/amazon-to-lay-off-more-than-18-000-workers-citing-economic-uncertainties_6010350_19.html#:text=Amazons%20job%2Dslashing%20plan%20is,largest%20in%20
65、the%20companys%20history.-Peoples engagement report:https:/ Foreign startups are increasingly looking to Berlin for growth:the likes of Too Good To Go and Doctolib help creating 17K jobs in the city.FoodEnterprise SoftwareMediaFintechMarketingEnergyTelecom6K2.7K2.5K1.8K1.8K1.3K1.1KSecurity3.9KTop 10
66、 industries by number of jobs created by foreign startupsTransportation1KHosting0.7K 450+100+150+60+100+60+Foreign unicorns with a secondary office in BerlinGrownups&Tech behemoths with a presence in Berlin Foreign scaleups with a secondary office in Berlin15+15+45+70+60+Source:Dealroom.co.*Analysis
67、 focuses on 170+startups that arent HQed in Berlin/Brandenburg but have a presence in the region,founded after 1990.Period:February 2023.600+300+FINAL 90+300+German companies with HQ outside of Berlin17K+local jobs created by foreign startupsPage/15 Source:Dealroom.co.Dataset:785 startups with found
68、er data and VC-backed.Gender data is self-reported on Dealroom or public social media pages.25.7B104K jobs4 jobs created per M raised5 jobs created per M raised4.3B19.2k jobsJobs created per M raised by founder gender composition All-male founding teams Min 1 female founderHowever,the landscape is c
69、hanging for the younger cohort of companies.Median team size by founder gender composition All-male founding teams All-female founding teams Mixed founding teams80%All male founders15%Mixed teams5%All female founders71Mixed teams83Average team size(globally)at Berlin startups with all-male founding
70、teams.18All female founders41MAll male founders34MMixed teams28MAll female foundersAverage investment per founder gender composition All-male founding teams All-female founding teams Mixed founding teams25%20%15%10%5%1990-20052006-20112012-20162017-now%of VC-backed startups with at least one female
71、founder by cohortFINALIn Berlin,4 in every 5 VC-backed startups have an all-male founding team.%of VC-backed startups by founder gender compositionHowever,the landscape is changing for the younger cohort of companies.Male onlyMixed15%19%Min.1 female founder25%20%15%10%5%1990-20052006-20112012-201620
72、17-now%of VC-backed startups with at least one female founder by cohort1+female(co-)founder19%81%However,the landscape is changing for younger cohort of companies.Page/16 IndustryAverage team sizeTravel46Ecommerce37Fintech31Food24Transportation23Hosting23Robotics22Jobs Recruitment21Telecom20Sports20
73、Marketing19Health19Education19eCommerce is the largest employer,followed by Fintech and Food.Kids0,2KDating Replace image-Upload from computer.You can find images here https:/ them in Original size for best quality.Page/22 8K businesses with a presence in Berlin,including startups,conventional SMEs
74、and other innovative businesses.Companies in this report.4.5K verified Berlin-based startups.2.4K verified Berlin-based startups with employment data.EnablersBerlin innovation ecosystem.INVESTORSGOVERNMENTSWORKSPACESCORPORATESSERVICE PROVIDERSACCELERATORSScope of this report.*Additional criterion:Ac
75、tive startups:excludes stealth&closed(failed)startups.Job-creating startups:nascent startups(employment value=1)and startups without known employee value are excluded.Verified means manually verified to qualify as a startup.Note:Due to the continuous cleaning process of the Startup Berlin platform,t
76、his report features a cleaner dataset,with more reliable data.Source:Dealroom.co.FINALPage/23 In this report,the term“tech ecosystem”refers to all startups,scaleups and grownups headquartered in Berlin/Brandenburg Metropolitan Region.Only companies founded in or after 1990 are included in this repor
77、t.This report may refer simply to startups as a container for startups,scaleups and grownups.Startups,scaleups,grownups and tech.A startup is a company designed to grow fast.Generally,such companies are VC-investable businesses.Read more about our methodology here.When startups are successful,they d
78、evelop into scaleups(50 people),grownups(500 people)and result in big companies,like Zalando or HelloFresh.Some become very big(e.g.$1B+valuation).Read more about our unicorn methodology here.Methodology&definitions.Startup jobs?The words“jobs”and“employees”are used interchangeably.Number of jobs re
79、present the total number of employees at homegrown startups.It is assumed that Berlin-based employees work at the companys headquarters.In this report the term“Berlin-based”is used to describe companies based in Berlin/Brandenburg region(see page 23).The number of jobs is sourced from publicly avail
80、able data,pany statements and professional social media.This report counts all jobs at startups,not just tech jobs(i.e.mechanics,receptionists,helpdesk,).However,gig workers(e.g.riders,babysitters,.)are generally not counted.Jobs at companies not covered in the report are not counted.FINALSource:Dea
81、lroom.co.Startups,scaleups,grownups and tech.A startup is a company designed to grow fast.Generally,such companies are VC-investable businesses.Read more about our methodology here.When startups are successful,they develop into scaleups(50 people),grownups(500 people)and result in big companies,like
82、 Zalando or HelloFresh.Some become very big(e.g.$1B+valuation).Read more about our unicorn methodology here.In this report,the term“tech ecosystem”refers to all startups,scaleups and grownups headquartered in Berlin/Brandenburg Metropolitan Region.Only companies founded in or after 1990 are included
83、 in this report.This report may refer simply to startups as a container for startups,scaleups and grownups.Startup jobs?The words“jobs”and“employees”are used interchangeably.Number of jobs represent the total number of employees at homegrown startups.It is assumed that Berlin-based employees work at
84、 the companys headquarters.In this report the term“Berlin-based”is used to describe companies based in Berlin/Brandenburg region(see page 24).The number of jobs is sourced from publicly available data,pany statements and professional social media.This report counts all jobs at startups,not just tech
85、 jobs(i.e.mechanics,receptionists,helpdesk,).However,gig workers(e.g.riders,babysitters,.)are generally not counted.Jobs at companies not covered in the report are not counted.What is a Startup?Page/24 Venture Capital,InvestorsInvestment numbers refer to rounds such as Seed,Series A,B,C,late stage,a
86、nd growth equity rounds.VC investment figures exclude debt or other non-equity funding,lending capital,grants and ICOs.Investment rounds are sourced from public disclosures including press releases,news,filings and verified,user-submitted information.Sectors&IndustriesIndustry classification follows
87、 Dealrooms proprietary taxonomy,which was built specifically for startups.A given startup may belong to up to two industries.Methodology&definitions.The data on which this report builds is available on startup-map.berlin.For more info please visit dealroom.co or contact supportdealroom.co.ValuationT
88、he combined valuation of the tech ecosystem is based on their market cap or latest transaction value.Transaction value is realized from exit or implied unrealised valuation from the latest VC round,which is either announced or estimated by Dealroom based on benchmarks.Underlying DataDealrooms propri
89、etary database and software aggregate data from multiple sources:harvesting public information,user-submitted data verified by Dealroom,data engineering.All data is verified and curated with an extensive manual process.Venture Capital,InvestorsInvestment numbers refer to rounds such as Seed,Series A
90、,B,C,late stage,and growth equity rounds.VC investment figures exclude debt or other non-equity funding,lending capital,grants and ICOs.Investment rounds are sourced from public disclosures including press releases,news,filings and verified,user-submitted information.Sectors&IndustriesIndustry class
91、ification follows Dealrooms proprietary taxonomy,which was built specifically for startups.A given startup may belong to up to two industries.Berlin/Brandenburg regionThis report compiles analysis on the Berlin/Brandenburg metropolitan region,which consists of the entire territories of the state of
92、Berlin and the surrounding state of Brandenburg.The Berlin/Brandenburg region counts three levels of centralities:the metropolis of Berlin,the four upper level regional centres of Potsdam,Cottbus,Brandenburg an der Havel and Frankfurt(Oder),as well as 42 secondary centres allocated to 50 towns.The a
93、nalysis in this report consists of 2.3K companies based in Berlin and 100+companies based in Brandenburg.In terms job distribution,Berlin-based companies account for 71K+local jobs,while the 100+Brandenburg startups account for 2K+local jobs.Glossary&DefinitionsFINALSource:Dealroom.co.ValuationThe c
94、ombined valuation of the tech ecosystem is based on their market cap or latest transaction value.Transaction value is realized from exit or implied unrealised valuation from the latest VC round,which is either announced or estimated by Dealroom based on benchmarks.Underlying DataDealrooms proprietar
95、y database and software aggregate data from multiple sources:harvesting public information,user-submitted data verified by Dealroom,data engineering.All data is verified and curated with an extensive manual process.Berlin/Brandenburg regionThis report compiles analysis on the Berlin/Brandenburg metr
96、opolitan region,which consists of the entire territories of the state of Berlin and the surrounding state of Brandenburg.The Berlin/Brandenburg region counts three levels of centralities:the metropolis of Berlin,the four upper level regional centres of Potsdam,Cottbus,Brandenburg an der Havel and Fr
97、ankfurt(Oder),as well as 42 secondary centres allocated to 50 towns.The analysis in this report consists of 2.3K companies based in Berlin and 100+companies based in Brandenburg.In terms job distribution,Berlin-based companies account for 71K+local jobs,while the 100+Brandenburg startups account for 2K+local jobs.Glossary&Definitions