Country comparison

Germany vs Mexico: startup funding compared

Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, 9.1 times Mexico's $1.3B.

$11.9BCapital raised$1.3B
332Rounds23
$6.7MMedian round$13M
1.7%Share of all capital0.2%
70%Early-stage rounds61%

Capital raised running total by month

$11.9B$6B Germany, end of Jun 25: $1.4BGermany, end of Jul: $2BGermany, end of Aug: $2.2BGermany, end of Sept: $2.4BGermany, end of Oct: $3.1BGermany, end of Nov: $3.5BGermany, end of Dec: $3.9BGermany, end of Jan 26: $4.6BGermany, end of Feb: $4.9BGermany, end of Mar: $5.3BGermany, end of Apr: $5.5BGermany, end of May: $5.6BGermany, end of Jun: $7.9BGermany, end of Jul: $10.4BGermany, end of Aug: $10.6BGermany, end of Sept: $11.4BGermany, end of Oct: $11.6BGermany, end of Nov: $11.9BMexico, end of Jun 25: $14.6MMexico, end of Jul: $191MMexico, end of Aug: $214MMexico, end of Sept: $314MMexico, end of Oct: $337MMexico, end of Nov: $344MMexico, end of Dec: $358MMexico, end of Jan 26: $382MMexico, end of Feb: $692MMexico, end of Mar: $700MMexico, end of Apr: $1.1BMexico, end of May: $1.1BMexico, end of Jun: $1.1BMexico, end of Jul: $1.1BMexico, end of Aug: $1.1BMexico, end of Sept: $1.3BMexico, end of Oct: $1.3BMexico, end of Nov: $1.3B Jun 25SeptDecMarJunSept
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Where the money goes share of capital by sector

Germany

  • AI42%$5B
  • Robotics & Hardware28%$3.4B
  • Climate & Energy11%$1.4B
  • Health5%$613M
  • Fintech5%$592M
  • Enterprise software4%$525M

Mexico

  • Fintech45%$596M
  • Other32%$420M
  • AI20%$263M
  • Health3%$35.8M
  • Consumer0%$2M

Biggest rounds

Stage mix share of rounds

GermanyMexico
51%Pre-Seed and Seed26%
20%Series A35%
7%Series B0%
3%Series C and later22%
20%Other or undisclosed17%

Most active investors rounds joined

InvestorGermanyMexico
High-Tech Gründerfonds38·
Bayern Kapital20·
HV Capital14·
Cherry Ventures13·
General Catalyst102
IBB Ventures12·
NRW.BANK11·
UVC Partners10·
Antler9·
D11Z.Ventures8·
Y Combinator8·
Redstone7·

Startup hubs rounds and capital by city

Germany

  • Munich81$5.5B
  • Berlin117$2.8B
  • Freiburg3$307M
  • Stuttgart6$291M
  • Hamburg15$252M
  • Eresing1$175M

Mexico

  • Mexico City12$867M
  • Guadalajara1$7.8M

Latest rounds

Questions

Which country raised more startup funding, Germany or Mexico?

Germany. Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, against $1.3B across 23 rounds in Mexico, 9.1 times more. That is 1.7% and 0.2% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Germany and Mexico?

332 rounds in Germany and 23 rounds in Mexico since 2 June 2025, about 18 and 1 a month.

Are startup rounds bigger in Germany or Mexico?

The median round is $6.7M in Germany and $13M in Mexico, and the average round $35.9M and $57.3M. 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 Mexico?

The biggest startup rounds in Mexico since 2 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).

Which sectors attract the most startup funding in Germany and Mexico?

In Germany, AI ($5B, 42% of the capital), Robotics & Hardware ($3.4B, 28%) and Climate & Energy ($1.4B, 11%) lead. In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead.

Is Germany or Mexico better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 70% of rounds in Germany and 61% in Mexico. Germany recorded 169 Pre-Seed or Seed rounds and Mexico 6 Pre-Seed or Seed rounds, with a median of $3.8M and $4.8M.

How much growth funding (Series B and later) goes to Germany and Mexico?

Startups in Germany raised $5.6B in 32 Series B or later rounds, 47% of the country's capital. In Mexico, $1B in 5 rounds, 79% 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 Mexico?

Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.

Which investors back startups in both Germany and Mexico?

8 investors joined rounds in both countries. The most active: General Catalyst (10 in Germany, 2 in Mexico), Accel (5 in Germany, 1 in Mexico), Andreessen Horowitz (4 in Germany, 2 in Mexico), Prosus (1 in Germany, 1 in Mexico) and DST Global Partners (1 in Germany, 1 in Mexico).

Which cities lead startup funding in Germany and Mexico?

Munich leads Germany with $5.5B across 81 rounds, ahead of Berlin ($2.8B). Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M).

Which month brought the most startup funding?

In Germany, July 2026 ($2.5B). In Mexico, April 2026 ($405M).

How much did startups in Germany and Mexico 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 Mexico $190M across 2 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.

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