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These 9 German startups raised the most millions in 2025

While many startups are struggling to survive, millions are flowing here.
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While many startups are fighting for their runway, money flowed elsewhere that sounds more like a space program than a seed round. These are the nine startups with the largest financing rounds in 2025 – and why they are shaping the ecosystem.

1. Helsing – 600 million euros (Series D)

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