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GSA News May 2023: Germany in Recession, Startups Rise

Germany is officially in recession, yet with barely any unemployment and an improving startup picture backed by at least €3.4bn in newly raised funds — this May 2023 GSA roundup with Jörn “Joe” Menninger.

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Read the full episode notes on Startuprad.io

Why this episode matters: A recession that startups shrug off tells you something about resilience. This roundup reads how €3.4bn kept flowing despite the macro backdrop.

In this episode, we cover:

Germany officially entering recession

Why unemployment stayed low

At least €3.4bn in newly raised funds

How the…

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