Thuringia
State · Germany · Pop. 2.1M · WithinWorldEMEAEuropeEuropean UnionGermanyThuringia
Quarterly report
Thuringia's latest quarter in venture capital
Venture capital raised by Thuringia-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Thuringia-headquartered companies…
Enterprise value
How much Thuringia’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Thuringia, 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 Thuringia
VC investment into Thuringia-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Thuringia
A live treemap of the largest VC rounds. Each cell is one round into Thuringia-headquartered companies, grouped by Dealroom sector.
Largest rounds in Thuringia - 2026
Academia
Thuringia's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Thuringia.
Location comparison
How Thuringia stacks up
Compare Thuringia 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 regions in Germany ranked by combined EV. Thuringia's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Berlin | $181B | 3.7× | 35 | $2.6B | 2,973 |
| 2 | Bavaria | $112B | 6.5× | 29 | $3.3B | 1,734 |
| 3 | Nordrhein-Westfalen | $27.9B | 3.5× | 10 | $679.6M | 1,158 |
| 4 | Baden-Württemberg | $25.8B | 4.1× | 8 | $861.9M | 723 |
| 5 | Hamburg | $16.7B | 5.0× | 5 | $168.1M | 680 |
| 6 | Hesse | $14.9B | 3.1× | 5 | $196.5M | 507 |
| 7 | Rhineland-Palatinate | $8.9B | 3.5× | 2 | $75.8M | 149 |
| 8 | Saxony | $7.8B | 5.7× | 1 | $150.2M | 292 |
| 9 | Lower Saxony | $4.7B | 9.5× | 4 | $60.8M | 191 |
| 10 | Brandenburg | $2.9B | 2.9× | 0 | $142.6M | 177 |
| 11 | Saxony-Anhalt | $2.7B | 2.0× | 0 | $17.7M | 82 |
| 13 | Thuringia | $710.1M | 1.8× | 0 | $15.9M | 82 |
More data
Explore Dealroom data →Get the full Thuringia ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.