Investor Shelf

Startup Barometer Germany 2025 (EY)

PresentationEYJanuary 202526 pages39 min readOriginal source
What changed
-12%
YoY Change in Financing Rounds p.4
Largest segment
2,208 EUR million
Software & Analytics Capital Raised p.10

Summary

  • Bavarian startups raised EUR 2,331 million in 2024, outperforming Berlin startups at EUR 2,177 million for the first time.p.8
  • Large-scale transactions above EUR 50 million reached 29 deals in 2024, raising a combined total of EUR 3.539 billion.p.11
  • Defense tech company Helsing secured the largest individual funding round of 2024 in Germany at EUR 450 million in July.p.12

Key insights

  1. Financing activity in 2024 saw significant quarterly variance, with July reaching the highest monthly total at EUR 1,332 million.p.5
  2. Bavarian startups received more funding than Berlin startups for the first time, accumulating EUR 2,331 million in 2024.p.8
  3. Within Software & Analytics, SaaS startups absorbed EUR 1,137 million across 162 rounds, representing 51 percent of sector volume.p.14
  4. Bavarian startups dominated the Health sector, securing 66 percent of total venture capital funding at EUR 629 million.p.17
  5. Berlin startups captured an 89 percent market share of all FinTech/InsurTech funding in Germany, raising EUR 463 million.p.25

Topics and entities

Summary and figures generated from the document and checked automatically: every number shown appears on the cited page. The full document is available from the publisher. Publishers can request removal.