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1 Startup funnel

Germany's startup funnel

Companies headquartered in Germany at each stage today, by total VC raised. Hover or tap a bar for the split.

4,577
Startups
$100K–15M raised

1,830 pre-seed · 1,590 seed · 1,157 Series A

822
Breakouts
$15–100M raised

549 Series B · 273 Series C

214
Scaleups
$100M+ raised

127 Mega · 87 Mega+

161
Unicorns and/or $100M+ revenue

93 valued at $1B+ · 121 with $100M+ revenue · 53 both

Source: Dealroom.co

2 Latest quarter

Germany's latest quarter in venture capital

Venture capital raised by Germany-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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3 Enterprise value

How much Germany’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Germany, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

4 VC investment

How much venture capital flows into Germany

VC investment into Germany-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

5 Largest rounds

Largest funding rounds in Germany

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in Germany, grouped by Dealroom sector.

Largest rounds in Germany - 2024–2026

Every $100M+ VC round into Germany-headquartered companies in 2024–2026, grouped by Dealroom sector.
- rounds · - raised
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6 Startup hubs

Inside Germany: 12 startup hubs, 833 universities

Hubs are sized by combined enterprise value; universities and research institutes by the startup founders they produced. Hover any point for its numbers; the lists rank hubs by EV and universities by founders.

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By enterprise value · 5-yr growth
1 Berlin/Brandenburg $184B 3.7× 5-yr
2 Munich $106B 6.9× 5-yr
3 Frankfurt $20B 3.9× 5-yr
4 Stuttgart $17.7B 4.3× 5-yr
5 Hamburg $16.8B 5× 5-yr
6 Cologne - Bonn $12.8B 6.2× 5-yr
7 Hanover $8.7B 7.3× 5-yr
8 Düsseldorf $7.6B 1.7× 5-yr

7 Founder origins

Where Germany's unicorn founders build

304 founders born in Germany are behind 163 unicorns; 33% of those were built in the US. Origins are resolved from biography and education history, not current address. Compare with the other origin countries in Europe, ranked by founders or per 1M inhabitants.

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8 Location comparison

Unicorns, decacorns and centicorns — Germany in a global comparison

Companies count where they were founded or are headquartered. Values are per 1M people or totals, as a share of the US (US = 100%) or absolute; bars scale to the largest value in each column. Hover any value for the per-1M rate and absolute count.

9 Patent intelligence

Germany startup IP portfolio: 189.7K patent families

Granted patent families assigned to startups headquartered in Germany. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
189.7K
Filed by tracked startups headquartered in the country.
2272 patents per million residents · #15 globally
Top patenting hubs
1 Munich Metropolitan Area 91.6K
2 Cologne/Bonn Region, NRW, Germany 30.8K
3 Stuttgart Metropolitan Region 16.3K
4 Frankfurt Rhine-Main 13.6K
5 Düsseldorf Region, NRW, Germany 13K
6 Ruhr Metropolis, NRW, Germany 10.6K

10 Sector concentration

Where Germany punches above its weight

Sectors in which Germany's share of the global unicorn pool is bigger than its overall share. A 5× over-index means Germany is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

✈️ Aviation
11.4×
3 unicorns · 25.0% of global sector
⚡ Energy
4.13×
10 unicorns · 9.1% of global sector
🪖 Defence
3.24×
2 unicorns · 7.1% of global sector
🥗 Food
3.24×
4 unicorns · 7.1% of global sector
🚀 Space
2.84×
2 unicorns · 6.3% of global sector
2.60×
10 unicorns · 5.7% of global sector
2.58×
5 unicorns · 5.7% of global sector
📣 Marketing
2.39×
2 unicorns · 5.3% of global sector

Get the full Germany ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.