Private Equity and Venture Capital

The ICT sector accounts for 39 percent of all industry sector funding in 2020, followed by the enterprise products & services (16%) and energy & environment sectors (15%).

A geographical breakdown of private equity investment by federal state puts Bavaria out front with EUR 4,229 million for the year, followed by Berlin (EUR 1,575 million), North Rhine-Westphalia (EUR 2,683 million), and Hessen (EUR 1,206 million).

Source: German Private Equity and Venture Capital Association e.V. (BVK) 2021

Private Equity - Investment in Germany by Financing Phase (in mio EUR) | © German Private Equity and Venture Capital Association BVK

Private Equity - Number of Financed Companies by Financing Phase | © German Private Equity and Venture Capital Association BVK

According to an EY study, most venture capital in 2020 was invested in Mobility companies (EUR 1,158 million) followed by Software & Analytics (EUR 1,040 million) and E-Commerce (EUR 976 million) segments.

Countrywide, Berlin secured the most VC investment funding with EUR  3,059 million in 2020 according to the EY study. The German capital was followed by Bavaria (EUR 1,509 million), North Rhine-Westphalia (EUR 196 million), Baden-Württemberg (EUR 155 million), and Hamburg (EUR 140 million).

Source: EY “Start-up-Barometer Deutschland” 2021

Find out more about public equity capital in Germany within our Investment Guide.

• BV Kap
• The German Private Equity Market in 2020