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The latest edition of the EY Startup Barometer was just published. According to the report, a total of 3.05 billion euros flowed to 447 companies in the first half-year of 2023. In Hamburg, it was 281 million euros for 27 startups, one of them even occupies the top position. Find out in this article which one and what other major financing rounds there were in the Hanseatic city in the last six months.

© Christoph Neumann / 1KOMMA5°: Philipp Schröder, founder and CEO
© Christoph Neumann / 1KOMMA5°: Philipp Schröder, founder and CEO

1KOMMA5° secures Hamburg a top position

A 49 percent year-on-year decline across Germany: at first glance, this seems like a sign of crisis. Yet the 3.05 billion euros are still the third-best result for a first half-year since evaluations began in 2015, and an upward trend can be seen again recently in the monthly view. The main reason for the sharp decline is the low number of very large financing rounds of over 100 million euros. While there were 15 in the first half of 2022, only five reached this level in the same period in 2023. From Hamburg's perspective, it is pleasing that a startup from the Hanseatic city, 1KOMMA5°, made it to first place. Just like the Berlin company Enpal, it received 215 million euros, both for business models from the renewable energy sector.

© E-FARM: founder and CEO Nicolas Lohr
© E-FARM: founder and CEO Nicolas Lohr

Nine financings of at least 5 million euros

With a total volume of 287 million euros, Hamburg is in third place among the federal states, well behind Berlin and Munich, but again clearly ahead of the much more populous states of North Rhine-Westphalia and Baden-Württemberg. You can download the complete evaluation here.

And behind 1KOMMA5°, these are the largest financing rounds in Hamburg in the first half of 2023:

In addition, there is Bluu Seafood, a startup that has its official headquarters in Berlin but will carry out its production of cell-based fish in Hamburg. For that it has received 16 million euros.

This article provides a comprehensive overview of the financing options available to startups in Hamburg:


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