German Venture Capital Barometer 2nd Quarter 2026
The German venture capital business climate indicator fell by 10.2 points to -35.8 points in the second quarter of 2026.
Bank · DE · 4 documents · Website
The German venture capital business climate indicator fell by 10.2 points to -35.8 points in the second quarter of 2026.
Funding was evenly distributed across development stages, with €726 million invested in startups (Series A/B) and €714 million in scale-ups (Series C+).
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.
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%.