Stuttgart
Metro area · Germany · Pop. 5.3M · WithinWorldEMEAEuropeEuropean UnionGermanyBaden-WürttembergStuttgart
Startup funnel
Stuttgart's startup funnel
Companies headquartered in Stuttgart at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
Quarterly report
Stuttgart's latest quarter in venture capital
Venture capital raised by Stuttgart-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Stuttgart-headquartered companies…
Enterprise value
How much Stuttgart’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Stuttgart, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Stuttgart
VC investment into Stuttgart-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Stuttgart
A live treemap of the largest VC rounds. Each cell is one round into Stuttgart-headquartered companies, grouped by Dealroom sector.
Largest rounds in Stuttgart - 2026
Academia
Stuttgart's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Stuttgart.
| # | University | City | Founders | Companies |
|---|---|---|---|---|
| 1 | Karlsruhe Institute of Technology | Karlsruhe | 821 | 870 |
Location comparison
How Stuttgart stacks up
Compare Stuttgart with peers from the same country (Germany) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in Germany ranked by combined EV. Stuttgart's row is highlighted (#4).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Berlin/Brandenburg | $184B | 3.7× | 35 | $2.8B | 3,135 |
| 2 | Munich | $106B | 6.9× | 28 | $3.2B | 1,370 |
| 3 | Frankfurt | $20B | 3.9× | 8 | $106.6M | 459 |
| 4 | Stuttgart | $17.7B | 4.3× | 5 | $645.2M | 377 |
| 5 | Hamburg | $16.8B | 5.0× | 5 | $174.8M | 718 |
| 6 | Cologne - Bonn | $12.8B | 6.2× | 2 | $424.9M | 416 |
| 7 | Hanover | $8.7B | 7.3× | 4 | $9.2M | 105 |
| 8 | Düsseldorf | $7.6B | 1.7× | 5 | $16.8M | 202 |
| 9 | Dresden | $4.5B | 4.5× | 0 | $90.8M | 120 |
| 10 | Leipzig-Halle | $4.2B | 3.0× | 0 | $66.3M | 137 |
| 11 | Mannheim | $4B | 4.5× | 1 | $25.4M | 126 |
| 12 | Ruhr Area | $2.2B | 2.6× | 1 | $34.5M | 185 |
More data
Explore Dealroom data →Get the full Stuttgart ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.