About HealthTech sector in Germany
Companies included in HealthTech
It includes companies providing both B2B and B2C software, platforms and connected devices for providers, hospitals, consumers, employers, and life science industryCompanies excluded in HealthTech
It excludes companies providing drugs, in vitro diagnostic solutions, drug delivery and medical devices that do not rely on digital platformsTop HealthTech Companies in Germany
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of drug discovery alliance and development services for biopharma sector | Hamburg (Germany) | 1993 | Public | $25M | |
App that provides a subscription-based marketplace for sports & fitness centers | Berlin (Germany) | 2012 | Acquired | $198M | |
Provider of a medical knowledge platform and exam preparation resources | 2012 | Series C | $292M | ||
Developer of application providing menstrual cycle, ovulation, and reproductive health tracking | Berlin (Germany) | 2012 | Series B | $56M | |
Online pharmacy providing pharmacy products and healthcare services | Aachen (Germany) | 2000 | Acquired | $88.3M |
Companies founded year-on-year in the HealthTech sector in Germany
411 HealthTech startups in Germany were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 12 |
2024 | 64 |
2023 | 129 |
2022 | 192 |
2021 | 268 |
2020 | 411 |
2019 | 292 |
2018 | 245 |
2017 | 244 |
Stage-wise distribution of HealthTech sector companies in Germany
Out of the total 5,054 HealthTech companies in Germany, 838 have secured funding. Among them, 354 have reached Series A or higher, and 285 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 5,054 |
Funded | 838 |
Series A+ | 354 |
Series B+ | 285 |
Series C+ | 258 |
Funding Trends in the HealthTech sector in Germany
Total funding year-on-year in the HealthTech sector in Germany
The HealthTech sector in Germany saw a total funding of more than $4.64B in the last 10 years. The most amount of funding was in 2021 at more than $917M. There has been a total funding of $7.26M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $7.26M |
2025 | $623M |
2024 | $541M |
2023 | $603M |
2022 | $536M |
2021 | $917M |
2020 | $710M |
2019 | $287M |
2018 | $246M |
2017 | $173M |
Recent Funding Rounds in HealthTech in Germany
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 5136 | Jan 07, 2026 | and 3 more | |
Seed | 1273 | Nov 19, 2025 | ||
Series A | 8827 | Nov 17, 2025 | ||
Series B | 5618 | Oct 29, 2025 | ||
Seed | 1610 | Oct 23, 2025 | and 5 more |
Top Investors in HealthTech in Germany
Investor | Location | Top Portfolio Companies |
|---|---|---|
Munich (Germany) | ||
Cambridge (United States) | - | |
Sunnyvale (United States) | ||
Bonn (Germany) | ||
Menlo Park (United States) | - |
M&A activity in HealthTech sector in Germany
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 30, 2025 | ||
Business Acquisition | Oct 27, 2025 | ||
Business Acquisition | Oct 07, 2025 | ||
Business Acquisition | Apr 17, 2025 | ||
Business Acquisition | Mar 25, 2025 |
Acquisition trends in HealthTech sector in Germany
Here are the acquisition trends in HealthTech sector in Germany:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 7 |
2024 | 16 |
2023 | 19 |
2022 | 28 |
2021 | 22 |
2020 | 12 |
2019 | 11 |
2018 | 13 |
2017 | 10 |
IPOs in HealthTech in Germany
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 04, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jun 18, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 27, 2018 | Hamburger Börse (HAM) | |
Apr 20, 2018 | Frankfurt Stock Exchange (FRA) | |
Mar 16, 2018 | Frankfurt Stock Exchange (FRA) |
Colleges which produce the most HealthTech companies in Germany
Companies founded by alumni from top colleges in the HealthTech in Germany
Most number of HealthTech startups in Germany have been founded by alumni from University of Cambridge, Technical University of Munich and London School of Economics and Political Science.
College | No. of companies |
|---|---|
University of Cambridge | 12 |
Technical University of Munich | 9 |
London School of Economics and Political Science | 7 |
Stanford University | 7 |
INSEAD | 6 |
Columbia University | 5 |
University of Oxford | 5 |
Harvard University | 4 |
Massachusetts Institute of Technology | 4 |
University of California (Berkeley) | 4 |
Total funding in HealthTech companies founded by alumni from top colleges in Germany
In the last 10 years, Yale University graduates' HealthTech companies in Germany have raised the most funding among top colleges. London School of Economics and Political Science alumni are second, and University of Cambridge alumni are third.
College | Total Funding |
|---|---|
Yale University | $438M |
London School of Economics and Political Science | $349M |
University of Cambridge | $277M |
INSEAD | $254M |
University of Chicago | $167M |
Booth School of Business | $167M |
University of Bristol | $167M |
Columbia University | $50.4M |
HEC Paris | $39M |
University of Oxford | $31.6M |