German Startups: PropTech Growth and New Venture Capital Funds
Updates on the German startup ecosystem. PropTech companies are growing and consolidating. New venture capital funds are launching. GeneralMind raised $12 million for AI technology.
Germany's PropTech sector is growing with 1,472 startups expected in 2025, up 17% from last year. However, funding decreased by 17%. GeneralMind, a Berlin AI startup, raised $12 million six months after starting.
Konux, a Munich company that makes railway sensors, earned €9.5 million in 2024 but reported a loss of €14.4 million. Several new venture capital funds are launching this year. The startup ecosystem shows both growth and consolidation.
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