Germany

Frankfurt

MEMBERS:

TechQuartier

Startups contribute considerably to the future wealth and well-being of our societies. By developing a powerful and - at the same time - sustainable startup ecosystem in the Frankfurt/Rhine-Main-region, we feel well prepared for their demands and future challenges.

Ecosystem by the Numbers

EARLY-STAGE FUNDING

$120 m

GLOBAL AVG.

$687 m

ECOSYSTEM VALUE

$1.4 b

GLOBAL AVG.

$28.6 bn

MEDIAN SEED ROUND

$660 k

GLOBAL AVG.

$671 k

MEDIAN SERIES A ROUND

$1.8 m

GLOBAL AVG.

$4.7 m

SOFT. ENGINEER SALARY

$59 k

GLOBAL AVG.

$46 k

Cybersecurity

More than 450 researchers in Darmstadt, a city near Frankfurt, are focused on cybersecurity and their activities are aggregated within the Center for Research in Security and Privacy. Embold, a startup minimizing code errors and task prioritization, raised $2.7 million in a Series A round in 2018.

Fintech

As the home of the European Central Bank (ECB), Frankfurt is the financial capital of the Eurozone. It has both Fintech talent and corporate demand for innovation. Many German and international banks in the city have Fintech programs, including Deutsche Bank’s Digitalfabrik and Helaba Digital. Over 50% of local VC investment went into Fintech startups between 2012 and 2017 and the largest German Fintech exit of all time took place in Frankfurt when Forex trading company 360T was acquired by Deutsche Börse for $800 million in 2015.

Reasons to Move Your Startup to Frankfurt

Abundant resources

There are over 3,500+ angel investors in Frankfurt. Startups in Frankfurt enjoy a supportive environment that includes 32 incubators, 28 coworking spaces, and 10 accelerators.

Access to talent

Frankfurt boasts talent from top universities like Technische Universität Darmstadt and Goethe University.

COVID-19 Policy

The German Government will provide 100% guarantee to all loans up to a maximum amount of 500,000 euros (US$540,000) for small businesses with fewer than 50 employees and 800,000 euros (USD$868,000) for larger ones.