European tech funding raised by Germany startups during H2 2025.
In H2 2025, 235 startups in Germany raised a combined €4.4B across 240 funding rounds, up 13.2% versus H2 2024. Software was the most active sector, and High-Tech Gründerfonds (HTGF) was the most active investor. Data as of 9 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Enpal | Debt | Oct 2025 | €700M |
| Tubulis Technologies | Series C | Oct 2025 | €308M |
| Black Forest Labs | Series B | Dec 2025 | €258M |
| Ortivity | Other |
83 exits · €1.7B disclosed.
| Cognigy | Acquisition | Jul 2025 | €820M |
| Northern Data | Acquisition | Nov 2025 | €662M |
| Skaylink | Acquisition | Oct 2025 | €176M |
| MST Group | Acquisition | Jul 2025 | €22M |
| Aug 2025 |
| €200M |
| Quantum Systems | Series C | Nov 2025 | €180M |
| N8N | Series C | Oct 2025 | €155M |
| Wefox | Other | Jul 2025 | €151M |
| Terra One | Other | Sep 2025 | €150M |
| re:cap | Debt | Jul 2025 | €125M |
| Talon.One | Other | Jul 2025 | €115M |
| Ferroelectric Memory Company | Other | Nov 2025 | €100M |
| Empact | Other | Oct 2025 | €100M |
| Mondu | Debt | Dec 2025 | €100M |
| Sdui | Other | Jul 2025 | €95M |
| Limehome | Other | Dec 2025 | €75M |
