Defence

German defence tech, in charts

A living view of Germany's defence-tech boom — record capital in 2026, the companies winning it, and Germany's takeover of European defence VC. More charts to come.

German defence tech VC investment

German defence tech raises $3.5bn in 2026 — almost 3x all of 2025, with five months to go

VC investment into German defence startups
By city cluster · 2026 year-to-date
Largest rounds · 2026
CompanyRoundRaised
Source: Dealroom.co — Defence & Defence Applications sectors. VC rounds into VC-backed companies HQ'd in Germany, by announcement date.
The winners

Helsing, Quantum Systems and Stark lead the war chests

Most-funded German defence companies
VC raised since 2020 · latest valuation alongside
Source: Dealroom.co — Defence & Defence Applications sectors. VC rounds into VC-backed companies HQ'd in Germany, 2020 – 2026 YTD.
The center of gravity

Germany now takes more than half of European defence VC

Share of European defence VC investment by company HQ
2026 year-to-date
Source: Dealroom.co — Defence & Defence Applications sectors. VC rounds into VC-backed companies HQ'd in Europe, by announcement date.