🏡 German PropTech is booming!📈

☔ Despite a German construction industry's in crisis the PropTech sector is showing impressive resilience and growth. From Jan to Jun 24, the number of PropTech startups increased by >20% YoY, with more than 100 new companies founded in the space.

➡ For Germany this brings the total to over 1,000 active startups tackling challenges in construction and real estate!

🔎 Kudos to VentureCapital Magazin and Mathias Renz for highlighting these developments in their recent newsletter.

[Disclaimer: exact numbers depend on vertical definition and data availability]