# Startup 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%... Source: https://millionrounds.com/news/monthly/2026-09/germany (Millionrounds; every figure on the page links to its filing or article) Equity rounds **13** raised in Germany, 11 with an amount Raised **$798M** across those rounds Lead named **100%** of rounds say who led Share of the world **4%** of rounds; 2% of the money ## The biggest rounds - [1 **The Exploration Company** Series C · led by Bessemer Venture Partners, Atomico **$450M**](https://millionrounds.com/company/the-exploration-company) - [2 **Reverion** Series B · led by Kembara **$175M**](https://millionrounds.com/company/reverion) - [3 H **HyImpulse Technologies** Series A · led by Join Capital **$58M**](https://millionrounds.com/company/hyimpulse-technologies) - [4 **LimeTax** Pre-seed · led by Motive Ventures **$42M**](https://millionrounds.com/company/limetax) - [5 I **INLEAP Photonics** Series A · led by UVC Partners **$23M**](https://millionrounds.com/company/inleap-photonics) - [6 I **Integral** Series A · led by Reid Hoffman, Mosaic Ventures **$21M**](https://millionrounds.com/company/integral) - [7 s **syte** Series A · led by Amberra **$10M**](https://millionrounds.com/company/syte) - [8 m **mika** Seed · led by Smedvig Ventures **$6.9M**](https://millionrounds.com/company/mika) - [9 **Arcos** Seed · led by HTGF High-Tech Gründerfonds **$6.3M**](https://millionrounds.com/company/arcos) - [10 **Depotcharge** Pre-seed · led by HTGF High-Tech Gründerfonds **$3.1M**](https://millionrounds.com/company/depotcharge) ## Day by day Equity rounds raised in Germany and announced each day of September. The busiest day was 1 September, with 1. 1 September 30 September ## 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. [Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *2* **$23M** this month **$2.0M** 12 months, worldwide [Seed](https://millionrounds.com/benchmarks/seed) *3* **$6.3M** this month **$5.5M** 12 months, worldwide [Series A](https://millionrounds.com/benchmarks/series-a) *5* **$22M** this month **$20M** 12 months, worldwide [Series B](https://millionrounds.com/benchmarks/series-b) *1* **$175M** this month **$50M** 12 months, worldwide [Series C](https://millionrounds.com/benchmarks/series-c) *1* **$450M** this month **$100M** 12 months, worldwide [Growth](https://millionrounds.com/benchmarks/growth) *1* **-** this month **$113M** 12 months, worldwide ## The most active leads Firms that led two or more of the month's rounds in Germany. - [**HTGF High-Tech Gründerfonds** Arcos, Depotcharge *2 led*](https://millionrounds.com/fund/high-tech-grunderfonds-htgf) ## In what - [AI](https://millionrounds.com/news/monthly/2026-09/sector/ai) **4** - [Fintech](https://millionrounds.com/news/monthly/2026-09/sector/fintech) **3** - [Aerospace & Space](https://millionrounds.com/news/monthly/2026-09/sector/aerospace) **2** - [Defence Tech](https://millionrounds.com/news/monthly/2026-09/sector/defensetech) **2** - [Climate Tech](https://millionrounds.com/news/monthly/2026-09/sector/climate) **2** - [Construction](https://millionrounds.com/news/monthly/2026-09/sector/construction) **2** - Professional Services **2** - [Hardware & Electronics](https://millionrounds.com/news/monthly/2026-09/sector/hardware) **2** AI was the busiest sector in Germany. ## Against the world - Rounds, Germany **13** - Rounds, worldwide **357** - Raised, Germany **$798M** - Raised, worldwide **$39B** [The whole of September 2026](https://millionrounds.com/news/monthly/2026-09) ## Other countries in September [116 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-09/united-states)[46 rounds **United Kingdom** *→*](https://millionrounds.com/news/monthly/2026-09/united-kingdom)[25 rounds **India** *→*](https://millionrounds.com/news/monthly/2026-09/india)[21 rounds **Canada** *→*](https://millionrounds.com/news/monthly/2026-09/canada)[11 rounds **Australia** *→*](https://millionrounds.com/news/monthly/2026-09/australia)[9 rounds **France** *→*](https://millionrounds.com/news/monthly/2026-09/france)[9 rounds **China** *→*](https://millionrounds.com/news/monthly/2026-09/china) **How this roundup is made** It is written from the rounds we read that month in named articles and filings, counted by the country the company raised in. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each month the eight countries with the most equity rounds get their own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)