Berlin's startup ecosystem remained robust in 2022, with VC numbers being the second highest ever for the city. Despite ongoing adjustments and consolidations in the markets worldwide, Berlin saw considerable VC rounds in 2023. Young companies, particularly smaller ones, are the biggest job creators and a key factor for overall growing employment numbers in the city. Fintech, health, social, and impact startups play a major role in the ecosystem, helping to make it grow even in years of consolidation. While most startups were founded by men, the city is taking steps towards encouraging and supporting female entrepreneurship and founders. A quantitative report on diversity and impact in startups will be released this spring. The Senate of Berlin supports this development with its Startup Agenda and close cooperation with the I.
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