Booster Therapeutics is a biotech company that offers regulation of cellular homeostasis, as well as develops medicines for aging diseases.
Invested VC volume decreased by 5% in Q4 2024 compared to Q4 2023 Germany VC + PE Landscape – Q4 2024
Number and volume of announced funding rounds over the last year*
- Number of funding rounds
- Invested volume in $bn
* All data from CrunchBase, as of January 8, 2025
AI startups saw the most investments in Q4
According to the number of conducted investments, the AI startups lead the market with a total of 38 investments in the broader industry. Followed by FinTech and Health Care startups with 26 investments.
Top 10 industries of financed startups according to the number of conducted investments
- AI
- FinTech
- Health Care
- Energy
- Web
- Manufacturing
- Automotive
- Marketing
- PropTech
- Consulting
Number and total volume of financing rounds per stage
- Number of funding rounds
- Invested volume in $bn
Two €150 million funding rounds
In Q4, Munich-based The Exploration Company secured a €150 million Series B round, the largest funding round in Germany of the quarter together with 1Komma5’s €150 million Venture Round.
Most investment rounds were Seed Rounds (35%). Despite that, the largest volume of $384.6 million was invested in 33 Venture Rounds.
Bayern Kapital and HTGF were the most active VC investors in Germany
Regarding the investors behind those funding rounds, Bayern Kapital and HTGF emerged as the most active VC investors, completing 7 deals each. With this, they lead ahead of Atlantic Labs (4 deals), BMH (3 deals) and D11Z.Ventures (3 deals) among the top 5.
Investors with the highest number of investments in Q4 2024 Germany VC + PE Landscape – Q4 2024
- Bayern Kapital
- HTGF
- Atlantic Labs
- BMH
- D11Z.Ventures
Berlin is Germany’s VC hotspot, while Munich takes the 2nd spot
The most investments in Q4 were conducted in Berlin (51), followed by Munich (23) and Hamburg (6).
When ranking by investment volume instead of the number of conducted investments, Ratingen ($137.0 million), takes the 4th place.
In the spotlight
Berlin raised the largest Seed-Round in Q4
Berlin at a glance (see also Berlin Startups)
Startups employ 90k+ people
600 startups founded annually
Attracts 50% of Germany’s VC funding
Highest proportion of female founders (16%)
Booster Therapeutics raised $15 million
Industry
Biotechnology, Therapeutics
Founded in
2020, Berlin
Money raised
$15 million
Type of financing round
Seed-Round
About
Lead Investors
Private Equity acquisitions increased by 69% compared to the previous year
- Number of PE acquisitions
- Share of all investment rounds (in %)
Number of PE acquisitions compared to VC investments doubled
Private Equity (PE) continues its uptrend against the previous year with 22 PE acquisitions in Germany, representing a share of 14% of all investment rounds (VC + PE) in Q4 (153).
The ratio of PE acquisitions to VC investments has more than doubled compared to the same period last year, reaching its highest point in the last 12 months.
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