Germany's funding falls 72% despite more deals

Germany's 90-day funding total fell from €6.56B to €1.84B, a 72% decline, even as deal count dropped more modestly from 110 to 82, a 25% fall. That gap points to fewer large rounds pulling down the average deal size rather than a proportional pullback in activity.

The decline leaves Germany well behind the UK, which remains the largest market in the window with €10.37B across 166 deals, and also behind France, which rose to €4.05B from €1.97B in the prior window. Germany's recent total of €1.84B is now close to Spain's €1.68B and Netherlands' €1.27B, markets with far fewer deals recorded in the same period, underscoring how far the absolute value has compressed relative to deal flow.

Across the broader set of twelve countries tracked for the 90 days to 15 October 2026, Germany's 72% drop stands out as one of the steepest, contrasting with gains recorded in France, Spain, Netherlands, Sweden, Portugal, Italy, Ireland and Denmark over the same comparison.

AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-10-16). Figures are checked against the underlying data and each draft is reviewed by an independent second model before publishing; anything unverifiable is held back. Not investment advice. Labelled for AI transparency (EU AI Act Art. 50, applicable from 2 Aug 2026).