German Air-Taxi Start-Up Leads List of VC Investments

December 2022

Venture capital investments may have cooled off in many places around the world, including Germany. But a sextet of young firms defied gravity and sealed lucrative deals – here’s our bimonthly round-up.

Volocopter, Bruchsal, aviation, EUR 182 million: The red-hot air taxi start-up from southwestern Germany again performed impressively in Series E financing after taking in EUR 153 million last March. The company says it will use the fresh capital to certify its electric air taxi, the VoloCity. “A financing round of EUR 180 million despite the currently tense economic situation underscores Volocopter’s robust technological strategy and our constant progress toward market entry,” said the company in a statement. Photo © Volocopter

Holidu, Munich, travel, EUR 75 million: This fledgling firm from the Bavarian capital, which rents houses to holidaymakers, was by its own account one of the few travel start-ups to flourish during the height of the corona pandemic. Holidu claims 110 million searches on its platform in the past 12 months, which impressed investors in its Series E round. Photo © Holidu

Resolve Biosciences, Monheim am Rhein, biotech, USD 71 million: This start-up from western Germany specializes in cellular cartography, or what it calls “spatial omics-technology,” to produce holistic images of cells, tissues or even small organisms. Resolve’s successful Series B funding round  was led by Patent Square Capital. Photo © Resolve Biosciences

Sennder, Berlin, logistics, EUR 60 million: The digital freight company from the German capital can look forward to at least this sum – and maybe more – in a new financing round with existing investors. The fresh capital could bring Sennder’s total valuation to a cool two billion euros. Photo © Sennder

CatalYm, Munich, biotech, EUR 50 million This cancer specialist grabbed a major haul in a Series C and will use its fresh capital for clinical testing of its medication Visugromab. It’s a monoclonal antibody that neutralizes a protein used by cancer cells to defend themselves against the body’s natural immune system. Photo © CatalYm

Limehome, Munich, travel, EUR 45 million: This young start-up from the Bavarian capital rents out vacation apartments with no additional personnel involved. Guests check in via doorcode, and cleaning services are booked via an app. Limehome’s contact-free service proved very popular during the height of the corona pandemic. Photo © Limehome

Sources: Handelsblatt,,