Startup
Big VC Deals Energized German Start-Ups
Not fewer than five start-ups booked nine-figure funding rounds in our regular survey what’s happening in venture capital deals in Germany. Energy and health led the way.
Oct 27, 2025
Enpal, Berlin, renewable energy, EUR 700 million
The greentech firm from the German capital got a massive financial boost after concluding a partnership with Britain’s Investment Manager M&G as well as securing fresh credit from Citi, Barclays, Crédit Agricole CIB und Bank of America. Enpal says the money will be used to finance solar installations, energy storage batteries and heat pumps for private users.
Tubulis, Planegg, biotech, EUR 308 million
This start-up, headquartered near Munich, concluded the largest Series C round ever recorded for a European biotech company. Tubulis specializes in antibody drug conjugates (ADCs), which promise to dramatically improve cancer treatments while reducing side effects.
Ortivity, Munich, health, EUR 200 million
Also from Bavaria, this orthopedic service provider named a cool fifth of a billion in a funding round led by majority investor Apheon and supported by Swiss private equity company Unigestion. Oritivity says it will use the funds to accelerate growth and develop its business model in Germany.
n8n, Berlin, workflow automation, EUR 180 million
The German capital has a new unicorn after a successful funding round involving seven major international VC funds. n8n, which offers an AI-native platform already used by some 700,000 clients, is now valued at USD 2.5 billion.
Terra One, Berlin, storage batteries, EUR 150 million
Another big winner in the capital was this start-up, which concluded a meaty mezzanine funding round with Britain’s Aviva Investors. This money will allow Terra one to invest in new storage batteries with a capacity of up to three gigawatt hours – enough to power 20 percent of German households for an hour.
