News from 2024-02-12 / KfW Research

German Venture Capital Barometer 4th Quarter 2023

VC business climate weakens again: Bad mood at the turn of the year

VC business sentiment fell again slightly in the final quarter of 2023. The mood in the German venture capital market thus remained subdued at the end of 2023, although it was better than after the slump experienced up to the end of 2022 as a result of the interest rate turnaround. The sentiment indicator of the early-stage segment fell by 8.1 points to -27.4 balance points. Expectations remain clearly more positive than situation assessments.

German Venture Capital Barometer 4th Quarter 2023

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