Country comparison
Germany vs Finland: startup funding compared
Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, 5.6 times Finland's $2.1B.
Capital raised running total by month
Where the money goes share of capital by sector
Germany
Finland
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | Germany | Finland |
|---|---|---|
| High-Tech Gründerfonds | 38 | · |
| Bayern Kapital | 20 | · |
| Antler | 9 | 5 |
| HV Capital | 14 | · |
| Lifeline Ventures | · | 14 |
| Cherry Ventures | 13 | · |
| IBB Ventures | 12 | · |
| General Catalyst | 10 | 1 |
| NRW.BANK | 11 | · |
| UVC Partners | 10 | · |
| Redstone | 7 | 2 |
| D11Z.Ventures | 8 | · |
Startup hubs rounds and capital by city
Germany
Finland
Latest rounds
Questions
Which country raised more startup funding, Germany or Finland?
Germany. Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, against $2.1B across 64 rounds in Finland, 5.6 times more. That is 1.7% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Germany and Finland?
332 rounds in Germany and 64 rounds in Finland since 2 June 2025, about 18 and 4 a month.
Are startup rounds bigger in Germany or Finland?
The median round is $6.7M in Germany and $4.5M in Finland, and the average round $35.9M and $33.5M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in Germany?
The biggest startup rounds in Germany since 2 June 2025 are Helsing ($1.8B, Series E, 13 Jul 2026), Neura Robotics ($1.4B, 10 Jun 2026) and Helsing ($694M, Series D, 16 Jun 2025).
What is the biggest startup round in Finland?
The biggest startup rounds in Finland since 2 June 2025 are Oura ($900M, Series E, 14 Oct 2025), IQM Quantum Computers ($300M, Series B, 3 Sept 2025) and Verda ($189M, Series B, 22 Sept 2026).
Which sectors attract the most startup funding in Germany and Finland?
In Germany, AI ($5B, 42% of the capital), Robotics & Hardware ($3.4B, 28%) and Climate & Energy ($1.4B, 11%) lead. In Finland, Health ($914M, 43% of the capital), Robotics & Hardware ($496M, 23%) and AI ($449M, 21%) lead.
Is Germany or Finland better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 70% of rounds in Germany and 69% in Finland. Germany recorded 169 Pre-Seed or Seed rounds and Finland 36 Pre-Seed or Seed rounds, with a median of $3.8M and $3.1M.
How much growth funding (Series B and later) goes to Germany and Finland?
Startups in Germany raised $5.6B in 32 Series B or later rounds, 47% of the country's capital. In Finland, $1.6B in 5 rounds, 74% of the capital.
Who are the most active startup investors in Germany?
High-Tech Gründerfonds (38 rounds, 16 led), Bayern Kapital (20 rounds, 2 led) and HV Capital (14 rounds, 6 led) are the most active investors in Germany.
Who are the most active startup investors in Finland?
Lifeline Ventures (14 rounds, 9 led), Tesi (7 rounds, 1 led) and Antler (5 rounds, 2 led) are the most active investors in Finland.
Which investors back startups in both Germany and Finland?
21 investors joined rounds in both countries. The most active: Antler (9 in Germany, 5 in Finland), General Catalyst (10 in Germany, 1 in Finland), Redstone (7 in Germany, 2 in Finland), b2venture (6 in Germany, 1 in Finland) and 10x Founders (6 in Germany, 1 in Finland).
Which cities lead startup funding in Germany and Finland?
Munich leads Germany with $5.5B across 81 rounds, ahead of Berlin ($2.8B). Oulu leads Finland with $902M across 2 rounds, ahead of Helsinki ($561M).
Which month brought the most startup funding?
In Germany, July 2026 ($2.5B). In Finland, October 2025 ($900M).
How much did startups in Germany and Finland raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in Germany raised $1.4B across 43 rounds and in Finland $243M across 8 rounds.
Where does this data come from?
FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.