Analysis of 27,602 German funding rounds reveals a widening creation-to-Series-A gap (50:1 in 2025 vs. 25:1 in 2019) despite larger round sizes, with only 24% survival rate. Five specific criteria—€2M+ seed, 3+ syndicators, institutional lead, pre-seed continuity, sub-12-month gap—lift conversion to 46.7%.
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Topics: Venture Capital & Startups
Published by Antler · their site ↗
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