Hesse
State · Germany · Pop. 6.4M
* 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.
Quarterly report
Hesse's latest quarter in venture capital
VC raised by Hesse-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Hesse-headquartered companies…
Largest rounds
Largest funding rounds in Hesse
A live treemap of the largest VC rounds. Each cell is one round into Hesse-headquartered companies, grouped by Dealroom sector.
Largest rounds in Hesse - 2026
VC investment
How much venture capital flows into Hesse
VC investment into Hesse-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Academia
Hesse's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Hesse.
Location comparison
How Hesse stacks up
Compare Hesse with peers from the same country (Germany) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top regions in Germany ranked by combined EV. Hesse's row is highlighted (#7).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Berlin | $177B | 4.0× | 35 | $2.6B | 2,957 |
| 2 | Bavaria | $112B | 7.1× | 29 | $3.3B | 1,717 |
| 3 | Nordrhein-Westfalen | $27.9B | 3.6× | 10 | $679.6M | 1,152 |
| 4 | Rhineland-Palatinate | $25.8B | 10.0× | 2 | $75.8M | 149 |
| 5 | Baden-Württemberg | $25.2B | 5.2× | 8 | $857.9M | 714 |
| 6 | Hamburg | $16.9B | 4.9× | 5 | $168.1M | 678 |
| 7 | Hesse | $14.8B | 3.2× | 5 | $196.5M | 503 |
| 8 | Saxony | $7.5B | 6.8× | 1 | $147.7M | 289 |
| 9 | Lower Saxony | $4.6B | 14.1× | 4 | $59.5M | 188 |
| 10 | Brandenburg | $2.9B | 2.9× | 0 | $142.6M | 177 |
| 11 | Saxony-Anhalt | $2.7B | 2.0× | 0 | $17.7M | 82 |
| 12 | Schleswig-Holstein | $1B | 4.9× | 0 | $7.2M | 93 |
More data
Explore Dealroom data →Get the full Hesse ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.