Who would have known about the difference between the German and London start up scene. Aivars Lode avantce
VENTURE capital is a key difference between Berlin and London. When it comes to local money, London is clearly ahead: it is home to most leading European venture-capital firms, such as Balderton Capital, Index Ventures and DFJ Esprit. Of this select bunch, only one has a base in Berlin: Earlybird. “It’s always better for VCs to be close to their portfolio firms. It’s just easier to stay in touch,” argues Ciaran O´Leary, the firm’s partner in Berlin.