Country comparison
United States vs Germany: startup funding compared
Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, 40.9 times Germany's $11.9B.
Capital raised running total by month
Where the money goes share of capital by sector
United States
Germany
Biggest rounds
United States
Stage mix share of rounds
Most active investors rounds joined
| Investor | United States | Germany |
|---|---|---|
| Y Combinator | 178 | 8 |
| Andreessen Horowitz | 130 | 4 |
| General Catalyst | 110 | 10 |
| Sequoia Capital | 94 | 2 |
| Lightspeed Venture Partners | 81 | 5 |
| Khosla Ventures | 77 | · |
| Alumni Ventures | 64 | · |
| Bessemer Venture Partners | 59 | 2 |
| Accel | 52 | 5 |
| Insight Partners | 51 | 3 |
| Kleiner Perkins | 49 | · |
| Menlo Ventures | 48 | · |
Startup hubs rounds and capital by city
United States
Germany
Latest rounds
Questions
Which country raised more startup funding, the United States or Germany?
The United States. Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, against $11.9B across 332 rounds in Germany, 40.9 times more. That is 70% and 1.7% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in the United States and Germany?
2,833 rounds in the United States and 332 rounds in Germany since 2 June 2025, about 157 and 18 a month.
Are startup rounds bigger in the United States or Germany?
The median round is $20M in the United States and $6.7M in Germany, and the average round $172M and $35.9M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in the United States?
The biggest startup rounds in the United States since 2 June 2025 are OpenAI ($122B, 31 Mar 2026), Anthropic ($65B, Series H, 28 May 2026) and Anthropic ($30B, Series G, 12 Feb 2026).
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).
Which sectors attract the most startup funding in the United States and Germany?
In the United States, AI ($381.8B, 78% of the capital), Robotics & Hardware ($25.4B, 5%) and Health ($21.5B, 4%) lead. In Germany, AI ($5B, 42% of the capital), Robotics & Hardware ($3.4B, 28%) and Climate & Energy ($1.4B, 11%) lead.
Is the United States or Germany better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 57% of rounds in the United States and 70% in Germany. The United States recorded 883 Pre-Seed or Seed rounds and Germany 169 Pre-Seed or Seed rounds, with a median of $6M and $3.8M.
How much growth funding (Series B and later) goes to the United States and Germany?
Startups in the United States raised $232.3B in 711 Series B or later rounds, 48% of the country's capital. In Germany, $5.6B in 32 rounds, 47% of the capital.
Who are the most active startup investors in the United States?
Y Combinator (178 rounds, 16 led), Andreessen Horowitz (130 rounds, 65 led) and General Catalyst (110 rounds, 39 led) are the most active investors in the United States.
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.
Which investors back startups in both the United States and Germany?
202 investors joined rounds in both countries. The most active: Y Combinator (178 in the United States, 8 in Germany), Andreessen Horowitz (130 in the United States, 4 in Germany), General Catalyst (110 in the United States, 10 in Germany), Sequoia Capital (94 in the United States, 2 in Germany) and Lightspeed Venture Partners (81 in the United States, 5 in Germany).
Which cities lead startup funding in the United States and Germany?
San Francisco leads the United States with $133.5B across 529 rounds, ahead of New York ($26.1B). Munich leads Germany with $5.5B across 81 rounds, ahead of Berlin ($2.8B).
Which month brought the most startup funding?
In the United States, March 2026 ($133.9B). In Germany, July 2026 ($2.5B).
How much did startups in the United States and Germany raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in the United States raised $49.4B across 397 rounds and in Germany $1.4B across 43 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.