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Metro area · Europe

Cologne - Bonn

Metro area · Germany · Pop. 2.4M

A public taster of the full Cologne - Bonn ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$14.2B+35%
Combined startup EV
$430.4M
VC invested (last 12mo)
403
Tracked startups
#118/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
3
3 live $1B+ companies
💎 Decacorns
0
🐎 Thoroughbreds
5
Top 1% growth · $500M+

Enterprise value · 2015–2025

Cologne - Bonn grew 10.9× since 2015

Combined enterprise value of every tracked startup headquartered in Cologne - Bonn that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $5B $10B $15B $20B Cologne - Bonn · $14.2B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Cologne - Bonn's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
122
Seed
55
Series A
53
Series B
25
Series C
13
Unicorn
3

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Cologne - Bonn

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Unicorns $1B+ valuation 3
DeepLLeanIXOVHcloud
Thoroughbreds+ $100M+ revenue 4
OVHcloudDeepLChronextjobvalleyNext Kraftwerke

Academia

Cologne - Bonn's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Cologne - Bonn.

University-linked startup formation
75
University spinouts
266
Total alumni-founded companies
167
Of which startups (<$15M raised)
75
Breakouts ($15M-100M)
24
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Cologne - Bonn stacks up

Peers chosen from the same country (Germany), sized closest to Cologne - Bonn by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$19.9B
$16.8B
$16.3B
Cologne - Bonn
$14.2B
$6.6B
$5.8B
$5.2B
EV growth (5-yr ×) vs current EV
peer median 3.9× 1.5× 4.3× 7.1× $5.2B $31.2B $186B EV growth (5yr ×) Combined enterprise value (log) Berlin/Brandenburg Munich Frankfurt Cologne - Bonn

Top overview

Germany — top cities

Top cities in Germany ranked by combined EV. Cologne - Bonn's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Berlin/Brandenburg $186B 3.6× 33 $2.8B 3,039
2 Munich $108B 7.1× 22 $3.2B 1,298
3 Frankfurt $19.9B 3.4× 5 $105.2M 447
4 Hamburg $16.8B 5.2× 5 $168.5M 692
5 Stuttgart $16.3B 3.9× 4 $672.5M 366
6 Cologne - Bonn $14.2B 4.5× 3 $430.4M 403
7 Düsseldorf $6.6B 1.5× 4 $16.2M 194
8 Hanover $5.8B 5.2× 3 $39.2M 108
9 Mannheim $5.2B 3.5× 1 $21.4M 120
10 Leipzig-Halle $4.2B 3.0× 0 $65.5M 127
11 Dresden $3.8B 5.2× 0 $19.8M 112
12 Aachen $2.2B 7.1× 0 $70M 120

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Cologne - Bonn dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Cologne - Bonn's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Cologne - Bonn's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Cologne - Bonn's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Cologne - Bonn's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Cologne - Bonn
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Cologne - Bonn
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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