KfW Venture Capital Dashboard Q2 2023

The quarterly KfW Venture Capital Dashboard presents the developments in the venture capital market in Germany.

German start-ups raised just under EUR 2.5 billion in 266 financing rounds in Q2 2023. In the first half of 2023 the German VC market thus proved to be quite capable of adapting to the new environment of interest rate reversal, energy crisis and macroeconomic uncertainty.

The Dashboard also provides deeper insights into VC finance activities for German start-ups, including by financing phase, investor origin, technological fields and exit activity. It also compares the market with major international benchmarks. The overview is rounded off by a look at the development of venture debt transactions.

KfW Venture Capital Dashboard Q2 2023(PDF, 1 MB, accessible)

Press release