One in four German startups could leave over lack of capital, poll finds
Some 26% of participants in a study by digital business association Bitkom said they were thinking about leaving, and only 23% were of the opinion that there was sufficient venture capital in Germany.
The vast majority of the 152 tech startups surveyed, 81%, said investors were showing more restraint due to the economic situation.
Nonetheless, Bitkom said 79% of companies were either confident or very confident that they would achieve their financing goals, with startups requiring an average of 2.5 million euros ($2.92 million) annually in fresh venture capital.
($1 = 0.8548 euros)
(Writing by Rachel MoreEditing by Madeline Chambers)
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