Country comparison
Germany vs Switzerland: startup funding compared
Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, 3.6 times Switzerland's $3.3B.
Capital raised running total by month
Where the money goes share of capital by sector
Germany
Switzerland
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | Germany | Switzerland |
|---|---|---|
| High-Tech Gründerfonds | 38 | 7 |
| Bayern Kapital | 20 | 1 |
| HV Capital | 14 | 1 |
| Founderful | · | 14 |
| Cherry Ventures | 13 | · |
| IBB Ventures | 12 | · |
| NRW.BANK | 11 | 1 |
| Antler | 9 | 1 |
| General Catalyst | 10 | · |
| UVC Partners | 10 | · |
| Venture Kick | · | 10 |
| Y Combinator | 8 | 2 |
Startup hubs rounds and capital by city
Germany
Switzerland
Latest rounds
Questions
Which country raised more startup funding, Germany or Switzerland?
Germany. Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, against $3.3B across 128 rounds in Switzerland, 3.6 times more. That is 1.7% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Germany and Switzerland?
332 rounds in Germany and 128 rounds in Switzerland since 2 June 2025, about 18 and 7 a month.
Are startup rounds bigger in Germany or Switzerland?
The median round is $6.7M in Germany and $7.5M in Switzerland, and the average round $35.9M and $25.7M. 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 Switzerland?
The biggest startup rounds in Switzerland since 2 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).
Which sectors attract the most startup funding in Germany and Switzerland?
In Germany, AI ($5B, 42% of the capital), Robotics & Hardware ($3.4B, 28%) and Climate & Energy ($1.4B, 11%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.
Is Germany or Switzerland better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 70% of rounds in Germany and 61% in Switzerland. Germany recorded 169 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $3.8M and $4.3M.
How much growth funding (Series B and later) goes to Germany and Switzerland?
Startups in Germany raised $5.6B in 32 Series B or later rounds, 47% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% 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 Switzerland?
Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.
Which investors back startups in both Germany and Switzerland?
88 investors joined rounds in both countries. The most active: High-Tech Gründerfonds (38 in Germany, 7 in Switzerland), Bayern Kapital (20 in Germany, 1 in Switzerland), HV Capital (14 in Germany, 1 in Switzerland), NRW.BANK (11 in Germany, 1 in Switzerland) and Antler (9 in Germany, 1 in Switzerland).
Which cities lead startup funding in Germany and Switzerland?
Munich leads Germany with $5.5B across 81 rounds, ahead of Berlin ($2.8B). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).
Which month brought the most startup funding?
In Germany, July 2026 ($2.5B). In Switzerland, July 2025 ($459M).
How much did startups in Germany and Switzerland 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 Switzerland $523M across 19 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.