Monthly roundup · Germany · September 2026
Monthly roundup · Germany · September 2026Startup funding in Germany, September 2026: The Exploration Company's $450M Series C leads 13 rounds
We read 13 equity rounds raised in Germany and announced in September 2026, raising $798M between them: 4% of the rounds we read worldwide that month and 2% of the money. The largest was The Exploration Company's $450M Series C, led by Bessemer Venture Partners and Atomico. The median seed round was $6.3M, against $5.5M over the last twelve months worldwide; at Series A it was $22M. HTGF High-Tech Gründerfonds led the most rounds, with 2.
The biggest rounds
- 1
The Exploration CompanySeries C · led by Bessemer Venture Partners, Atomico$450M - 2
ReverionSeries B · led by Kembara$175M - 3HHyImpulse TechnologiesSeries A · led by Join Capital$58M
- 4
LimeTaxPre-seed · led by Motive Ventures$42M - 5IINLEAP PhotonicsSeries A · led by UVC Partners$23M
- 6IIntegralSeries A · led by Reid Hoffman, Mosaic Ventures$21M
- 7ssyteSeries A · led by Amberra$10M
- 8mmikaSeed · led by Smedvig Ventures$6.9M
- 9
ArcosSeed · led by HTGF High-Tech Gründerfonds$6.3M - 10
DepotchargePre-seed · led by HTGF High-Tech Gründerfonds$3.1M
Day by day
Equity rounds raised in Germany and announced each day of September. The busiest day was 1 September, with 1.
By stage, against the year
Each stage's median this month beside its twelve-month median: Germany's own where we hold enough rounds for a benchmark, otherwise the worldwide one.
The most active leads
Firms that led two or more of the month's rounds in Germany.
In what
- AI4
- Fintech3
- Aerospace & Space2
- Defence Tech2
- Climate Tech2
- Construction2
- Professional Services2
- Hardware & Electronics2
AI was the busiest sector in Germany.
Against the world
- Rounds, Germany13
- Rounds, worldwide357
- Raised, Germany$798M
- Raised, worldwide$39B
116 roundsUnited States→
46 roundsUnited Kingdom→
25 roundsIndia→
21 roundsCanada→
11 roundsAustralia→
9 roundsFrance→
9 roundsChina→