KfW

Company · GE · 5 documents

Key number

-35.8 points

VC business climate indicator. KfW p.1

Key number

1.7 EUR billion

German VC Deal Volume Q1 2026. KfW p.3

Key number

€1.7 billion

German VC Investment Volume Q1 2026. KfW p.3

Key number

€74.6 billion

DACH PE deal value YTD. PitchBook / NVCA p.9

Key number

EUR 5,179 billion

Total SME turnover. KfW p.3

German Venture Capital Barometer 2nd Quarter 2026

ReportKfWAugust 20263 pages

The German venture capital business climate indicator fell by 10.2 points to -35.8 points in the second quarter of 2026.

Venture Capital Dashboard Q1 2026

ReportKfWJanuary 202618 pages

Funding across stages in Germany was evenly split, with the start-up segment raising EUR 726 million and the scale-up segment raising EUR 714 million.

Venture Capital Dashboard Q1 2026

ReportKfWJanuary 202618 pages

Funding was evenly distributed across development stages, with €726 million invested in startups (Series A/B) and €714 million in scale-ups (Series C+).

DACH Private Capital Breakdown 2025

ReportPitchBook / NVCADecember 202518 pages

DACH VC deal activity through Q3 2025 reached €8.4 billion across 1,085 completed deals, pacing 9% YoY below 2024 levels.

KfW SME Panel 2025

SurveyKfWOctober 202531 pages

Total turnover of German SMEs grew moderately by 2% in 2024 to EUR 5,179 billion, while average turnover growth per enterprise stood at 1.2%.