Europe

Tech City guide: Berlin

It is said that a new tech start-up is launched every 20 minutes in Berlin. But can the German capital's tech sector compete on a global scale? EG takes a look in its latest Tech City guide.

According to folkore, a new tech start-up is launched every 20 minutes in Berlin.

Low office costs, ready access to funding and a pioneer spirit all help.

But start-ups are, by their nature, small – and many don’t survive. That is why Berlin’s tech sector is busy, but not big, when compared to London, UK, or Paris, France.

Startup Genome’s 2017 survey ranked the city number seven in the world (up two places from 2016), firmly behind Beijing, China, and Tel Aviv, Israel.

The European Union’s digital cities index placed it in sixth position, behind Helsinki in Finland.

But Berlin’s biggest threat comes from Hamburg, which has a comparable rate of business formation.

According to figures from development bank KfW, 2.53% of working people in Hamburg start a new business each year, compared with 2.38% in Berlin.

 

THE OCCUPIERS

Google is rumoured to be moving from 9 Mitte district’s Unter den Linden to a new 9,000 sq m suite opposite Museum Island at Tucholskystrasse.

Pencilled in for 2018, the unconfirmed but heavily rumoured move says a lot about Berlin’s tech scene.

Firstly, that despite a…

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