Startup funding in Germany 2026
January to September 2026. Data as of 23 October 2026. Deutsch
Release
Total
Startups in Germany raised $8.9B in 350 venture rounds from January to September 2026, 4th of 119 countries, according to FundingWatcher.
Without rounds of $100M or more
11 rounds of $100M or more hold 69.5% of that money. Without them, Germany raised $2.7B, 5th of 119 countries.
Largest round
The largest round was Helsing in Munich: $1.8B, Series E, in July 2026.
Cities
Munich startups raised $3.1B, 35.1% of the national total, ahead of Metzingen with $1.4B.
Cities without rounds of $100M or more
Without its 3 rounds of $100M or more (Helsing, Proxima Fusion, FINN), Munich falls behind Berlin: $908M to $730M.
Early stage
Pre-seed, seed, angel and Series A rounds under $100M: 319 rounds, $1.9B.
Source
Source: FundingWatcher, startup funding by country and city 2026, https://fundingwatcher.com/research/startup-funding-by-country-2026/
Deutsch
Gesamt
Startups in Deutschland haben von Januar bis September 2026 8,9 Mrd. US-Dollar in 350 Finanzierungsrunden eingeworben, Platz 4 unter 119 Ländern, laut FundingWatcher.
Ohne Runden ab 100 Mio. US-Dollar
11 Runden ab 100 Mio. US-Dollar machen 69,5 Prozent der Summe aus. Ohne sie kommen Startups in Deutschland auf 2,7 Mrd. US-Dollar, Platz 5 unter 119 Ländern.
Größte Runde
Die größte Runde hat Helsing aus München eingeworben: 1,8 Mrd. US-Dollar, Series E, im Juli 2026.
Städte
Startups aus München haben 3,1 Mrd. US-Dollar eingeworben, 35,1 Prozent der Summe für Deutschland, vor Metzingen mit 1,4 Mrd. US-Dollar.
Städte ohne Runden ab 100 Mio. US-Dollar
Ohne die 3 Runden ab 100 Mio. US-Dollar (Helsing, Proxima Fusion, FINN) liegt Berlin vor München: 908 Mio. US-Dollar gegen 730 Mio. US-Dollar.
Frühphase
Pre-Seed-, Seed-, Angel- und Series-A-Runden unter 100 Mio. US-Dollar: 319 Runden, 1,9 Mrd. US-Dollar.
Quelle
Quelle: FundingWatcher, Startup-Finanzierung nach Ländern und Städten 2026, https://fundingwatcher.com/research/startup-funding-by-country-2026/
Cities
| City | Rounds | Total | Under $100M | Rounds of $100M+ |
|---|---|---|---|---|
| Munich | 72 | $3.1B | $730M | 3 |
| Metzingen | 1 | $1.4B | $0 | 1 |
| Gilching | 1 | $1.2B | $0 | 1 |
| Berlin | 100 | $1.0B | $908M | 1 |
| Gauting | 1 | $450M | $0 | 1 |
| Darmstadt | 1 | $240M | $0 | 1 |
| Eresing | 1 | $175M | $0 | 1 |
| Stuttgart | 7 | $154M | $44M | 1 |
| Heidelberg | 7 | $112M | $112M | 0 |
| Mannheim | 4 | $101M | $1M | 1 |
| Siegen | 1 | $67M | $67M | 0 |
| Alzenau | 1 | $58M | $58M | 0 |
Largest rounds
| Company | City | Round | Date | Amount |
|---|---|---|---|---|
| Helsing | Munich | Series E | 2026-07-13 | $1.8B |
| NEURA Robotics | Metzingen | Series C | 2026-06-10 | $1.4B |
| Quantum Systems | Gilching | Series D | 2026-07-02 | $1.2B |
| Proxima Fusion | Munich | Series B | 2026-07-07 | $470M |
| The Exploration Company | Gauting | Series C | 2026-09-08 | $450M |
| Focused Energy | Darmstadt | Series A | 2026-05-27 | $240M |
| Reverion | Eresing | Series B | 2026-09-28 | $175M |
| Noxtua | Berlin | Series C | 2026-09-23 | $114M |
| FINN | Munich | Series D | 2026-06-24 | $113M |
| Sereact | Stuttgart | Series B | 2026-04-27 | $110M |
Method
350 rounds in Germany in the FundingWatcher startup file: companies whose most recent round is a named stage, pre-seed and angel through Series J, dated January to September 2026. One round per company, the latest. Debt, grants, corporate rounds, private equity and secondary sales are not counted. 292 of the 350 rounds carry an amount. Method and data files: startup funding by country and city, 2026.
Press contact: hello@fundingwatcher.com