Startup
Trio of Nine-Figure VC Deals for German-Based Start-Ups
Insurance, finances, loyalty, software and security all tickled investors’ fancy - here’s our bimonthly round-up what’s gone down in venture capital investment in Germany.
Aug 26, 2025
Wefox, insurtech, Berlin, EUR 151 million
The digital insurance broker, which has its operative headquarters in the German capital raked in EUR 76 million in new capital and nearly the same amount through refinancing. The company has just undergone restructuring and will used the money to develop its business in Austria, the Netherlands and Switzerland.
re:cap, fintech, Berlin, EUR 125 million
Also from the capital, this fintech has secured funds from HSBC Innovation Banking und Avellinia Capital for an announced expansion to the United Kingdom. re:cap specializes in helping tech companies get flexible financing.
Talon One, loyalty, Berlin, EUR 115 million
This Berlin firm, founded in 2015, offers a software-as-a-service platform for personalized advertisements, rebate strategies and loyalty programs. Talon One’s international customers include Adidas, Ticketmaster and Nordstrom. The company plans to expand its AI functions to be better able to analyze consumer behavior.
Makersite, software, Stuttgart, EUR 60 million
Founded in southwestern Germany in 2018, this scale-up is to help firms analyze complex products in real time as to sustainability, costs, security and supply-chain risks. At the heart of the concept is an AI platform.
Stark Defence, defensetech, Munich, USD 62 million
Although only 18 months old, this fledgling firm is already valued at a half-billion dollars. The brainchild of a former Bundeswehr officer, Stark Defence develops autonomous armed drones for military purposes.
