German Venture Capital Barometer 3rd Quarter 2025

After the slump in the previous quarter, confidence among German venture capital (VC) investors has brightened again. The indicator for the VC business climate rose by 18.5 points to -0.3 balance points in the third quarter of 2025, offsetting the drop from the previous quarter. Whereas the indicator for the current business situation climbed by 11.1 points to -11.9 balance points, the indicator for business expectations surged 25.9 points to reach 11.3 balance points. Thus, business expectations were higher than at the beginning of the year.

German Venture Capital Barometer 3rd Quarter 2025(PDF, 261 KB, accessible)

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