Today marks a major step for Mistral: we’re announcing a €3B Series D, the largest equity round ever raised by a European tech company, just three years after launch.
3. Looking specifically at early-stage funding in AI, Stack Enablers 🐝 and Intelligent Hardware 🦏 attracted the most capital, largely driven by sizeable Series A rounds. (For a breakdown of the categories: https://t.co/t1mMYPtS4v)
It’s been a while since I posted the last DACH data series. With fundraising picking up again for the second half of the year, I wanted to take a look back at what happened in the DACH funding market in H1 2026.
Takeaways in the comments
1. 2026 is on track to surpass 2025 funding volumes (which doesn’t come as much of a surprise), with funding volumes driven by a small number of large growth rounds.
Servus, München! 🇩🇪 We’re bringing the Waymo Driver to Germany. Over the coming weeks, our vehicles will arrive in Munich to begin laying the groundwork to launch our fully autonomous ride-hailing service in late 2027!
Read more: https://t.co/W3WXPtvxbm
Over the past days, I’ve been reflecting on the key takeaways from countless conversations with founders last year and the data points I've gathered along the way. So, I decided to share my insights on the DACH funding market.
Looking forward to hearing your thoughts!