Germany startup funding in H2 2021

European tech funding raised by Germany startups during H2 2021.

In H2 2021, 505 startups in Germany raised a combined €15B across 534 funding rounds, up 305.0% versus H2 2020. Software was the most active sector, and HV Capital was the most active investor. Data as of 9 Jul 2026.

Total funding

€15B

+305.0% vs H2 2020

Funding rounds

534

+158.0% vs H2 2020

Companies

505

Top sector

Software

Rank in Europe

22.9% of European funding

Debt financing

€3.2B

21.4% of total

Top-10 round share

47.1%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top sectors

by € raised

Stage mix

by € raised

Top deals

largest disclosed rounds in H2 2021

Company	Stage	Date	Amount
Delivery Hero	Debt	Sep 2021	€1.3B
Gorillas	Series C	Oct 2021	€858M
Grover	Debt	Jul 2021	€847M
N26	Series D+	Oct 2021

View all 534 Germany deals in H2 2021 →

Top investors

most active in H2 2021, by deal count

← All 2021 Germany funding

Exits & M&A

109 Acquisition · 6 Merger · 2 IPO

117 exits · €5.7B disclosed.

Zooplus	Acquisition	Sep 2021	€3.3B
Hillebrand	Acquisition	Aug 2021	€1.5B
HomeToGo	IPO	Sep 2021	€250M
DS Produkte	Acquisition	Oct 2021	€221M
Vicampo	Acquisition	Aug 2021	€125M
Fit Analytics	Acquisition	Oct 2021	€107M