Saxony
State · Germany · Pop. 4.1M
Adjacent regions by EV
Startup funnel
Saxony'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.
* 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 Saxony
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Saxony's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Saxony.
Vs. similarly-sized ecosystems
How Saxony stacks up
Peers chosen from the same country (Germany), sized closest to Saxony by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Germany — top regions
Top regions in Germany ranked by combined EV. Saxony's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Berlin | $183B | 3.6× | 33 | $2.6B | 2,879 |
| 2 | Bavaria | $115B | 6.5× | 22 | $3.3B | 1,652 |
| 3 | Nordrhein-Westfalen | $27.7B | 3.2× | 10 | $649.2M | 1,117 |
| 4 | Baden-Württemberg | $24.2B | 3.9× | 6 | $885.1M | 691 |
| 5 | Hamburg | $16.7B | 5.2× | 5 | $161.6M | 653 |
| 6 | Hesse | $14.5B | 3.0× | 3 | $196.4M | 489 |
| 7 | Rhineland-Palatinate | $10.2B | 2.7× | 2 | $75.8M | 149 |
| 8 | Saxony | $7.1B | 6.3× | 1 | $76.8M | 271 |
| 9 | Lower Saxony | $3.9B | 7.9× | 4 | $59.5M | 184 |
| 10 | Brandenburg | $2.7B | 2.7× | 0 | $142.6M | 173 |
| 11 | Saxony-Anhalt | $2.7B | 2.0× | 0 | $17.7M | 80 |
| 12 | Schleswig-Holstein | $1.2B | 5.7× | 0 | $7.2M | 95 |
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 Saxony dataset — or see a sample on the Dealroom app.
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