Around 60 per cent of German unicorn startups have at least one person with an immigrant background on their founding team, a study by the German Startup Association and the Friedrich Naumann Foundation found in 2023. At 21 per cent, these generally highly motivated founders represent a significant part of Germany’s startup ecosystem and over half (58 per cent) were born abroad.
These figures underline the importance of international founders for the German startup scene. Many of these founders input innovative business ideas and are often active in industries with a high demand for new technologies, services and products. Despite their successes, international founders face particular hurdles such as limited access to funding, a lack of business networks and various bureaucratic and language barriers.
When two hearts beat in a founder's chest
2hearts is Europe's largest community for multicultural talent in the tech industry. Since it was founded, 2hearts has helped founders and young professionals to establish companies, fundraise, find jobs, develop their careers and find their cultural identity and develop personally. The non-profit network offers mentoring and mutual support with cultural hurdles. It gives founders access to potential investors, and crucially to knowledge and experience. The organisation relies on community power to promote greater diversity and equal opportunities in society. The name 2hearts stands for the feeling of belonging to two or more cultures. 2hearts has had a branch in Hamburg since 2023, and now has a regional group of around 200 active members.