Germany startup funding in Q1 2024

European tech funding raised by Germany startups during Q1 2024.

In Q1 2024, 158 startups in Germany raised a combined €3.6B across 161 funding rounds, up 33.9% versus Q1 2023. Software was the most active sector, and High-Tech Gründerfonds (HTGF) was the most active investor. Data as of 9 Jul 2026.

Total funding

€3.6B

+33.9% vs Q1 2023

Funding rounds

161

-21.8% vs Q1 2023

Companies

158

Top sector

Software

Rank in Europe

12.1% of European funding

Debt financing

€1.3B

34.9% of total

Top-10 round share

73.0%

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 Q1 2024

Company	Stage	Date	Amount
Enpal	Debt	Mar 2024	€1.1B
Sunfire	Other	Mar 2024	€500M
Everphone	Series D+	Jan 2024	€270M
Enviria	Series B	Feb 2024

View all 161 Germany deals in Q1 2024 →

Top investors

most active in Q1 2024, by deal count

High-Tech Gründerfonds (HTGF)13 deals
HV Capital7 deals
BonVenture4 deals
Motive Ventures4 deals
OTB Ventures4 deals
Capacura3 deals
IBB Ventures3 deals
Cherry Ventures3 deals
Project A Ventures3 deals
SET Ventures3 deals

← All 2024 Germany funding