Nordrhein-Westfalen
State · Germany · Pop. 18.2M
* 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.
Largest rounds
Largest funding rounds in Nordrhein-Westfalen
A live treemap of the largest VC rounds. Each cell is one round into Nordrhein-Westfalen-headquartered companies, grouped by Dealroom sector.
Largest rounds in Nordrhein-Westfalen - 2026
VC investment
How much venture capital flows into Nordrhein-Westfalen
VC investment into Nordrhein-Westfalen-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Academia
Nordrhein-Westfalen's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Nordrhein-Westfalen.
Location comparison
How Nordrhein-Westfalen stacks up
Compare Nordrhein-Westfalen 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. Nordrhein-Westfalen's row is highlighted (#3).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Berlin | $181B | 3.7× | 35 | $2.7B | 2,925 |
| 2 | Bavaria | $113B | 6.4× | 27 | $3.3B | 1,702 |
| 3 | Nordrhein-Westfalen | $26.7B | 3.4× | 9 | $674.6M | 1,140 |
| 4 | Baden-Württemberg | $24.4B | 3.9× | 8 | $885.9M | 706 |
| 5 | Hamburg | $16.9B | 5.0× | 5 | $167.9M | 669 |
| 6 | Hesse | $14.8B | 3.0× | 4 | $196.5M | 501 |
| 7 | Rhineland-Palatinate | $8.8B | 3.6× | 2 | $75.8M | 151 |
| 8 | Saxony | $7B | 6.3× | 1 | $63M | 283 |
| 9 | Lower Saxony | $4.7B | 9.5× | 4 | $59.5M | 187 |
| 10 | Brandenburg | $2.8B | 2.8× | 0 | $142.6M | 175 |
| 11 | Saxony-Anhalt | $2.7B | 2.0× | 0 | $17.7M | 81 |
| 12 | Schleswig-Holstein | $1B | 4.9× | 0 | $7.2M | 94 |
More data
Explore Dealroom data →Get the full Nordrhein-Westfalen ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.