Ecosystem
Germany
€12.5BCapital tracked
303Disclosed rounds
100Funds deploying
342Startups tracked
Germany, in numbers
Sesamers round tracker · disclosed rounds only · EUR-converted
Capital by sector
Capital by sector, share of capital tracked. Donut chart, 5 slices. €12.5B Tracked. Other 53% (53%), Defence Tech 13% (13%), Defence AI 13% (13%), AI 12% (12%), Gov Tech 9% (9%).
- Other53%
- Defence Tech13%
- Defence AI13%
- AI12%
- Gov Tech9%
Source: Sesamers round tracker
Capital by quarter
Capital by quarter. Bar chart, 4 bars. Highest: Q3 26, €3.5B. Lowest: Q4 26, €318M. Highlighted: Q4 26. Values: Q1 26 €677.6M, Q2 26 €2.8B, Q3 26 €3.5B, Q4 26 €318M.
Source: Sesamers round tracker
Rounds by stage
Share of rounds by stage. Bar chart, 7 rows. Pre-seed 12%, Seed 30%, Series A 32%, Series B 11%, Series C 6%, Series D+ 3%, Growth 6%.
Source: Sesamers round tracker
n = 202 rounds
Startups in Germany
From the directory
Who invests here
Funds with a verified round in this hub · most active first
High-Tech Gründerfonds
Pre-seed–Seed
Led 3 of 8 rounds tracked in Germany. High-Tech Gründerfonds invests at pre-seed and seed in German startups and international…
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Creandum
Seed–Series A
Led 2 of 4 rounds tracked in Germany. Creandum is a Stockholm-based venture capital firm founded in 2003 that backs…
Ticket undisclosed
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Speedinvest
Pre-seed–Seed
Led 2 of 4 rounds tracked in Germany. Speedinvest is a European venture capital firm investing at pre-seed and seed…
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Programs in Germany
Open calls first
PA
Physical AI Growth Lab 2027
Accelerator
none
Closes 13 Nov
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RA
ROBOTICS AWARD 2027 (Hannover Messe)
Competition
Hannover Messe's award for robot-based automation and logistics solutions, open to startups and established companies alike.
Closed
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TS
The Sound of Solutions 2026
Competition
€15k+ in kind · none
Dates not announced
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What we have written
4 stories on Germany
03Nov Quint Computing raises €9.1M for leaner quantum error correction Erlangen spinout Quint Computing closed a €9.1M first round led by Vsquared Ventures, betting that a… News 03
Nov Marble Cognition raises $3.75M pre-seed to map work for AI coworkers Heartcore Capital and Seedcamp co-led a $3.75M pre-seed in Munich's Marble Cognition, which records how staff… News 14
Oct Ubitium raises $14M seed to put physical AI on one chip One reconfigurable RISC-V array that senses, infers and controls - proven on Samsung's 8nm - just… News 14
Oct Causa Prima raises $20M seed for AI agents that settle B2B invoices Three months after a $10M pre-seed, Munich's Causa Prima has raised $20M from Base10 Partners to… News