{"question":"Who invests in cybersecurity startups in Germany?","answer":"33 investors hold two or more cybersecurity startups in Germany each, 88 portfolio startups in all. The most active here are High-Tech Gründerfonds (19), CoCo Finance (8) and xdeck (6). 13 of them are accelerators.","country":"Germany","sector":"Cybersecurity","investors":33,"portfolio_startups":88,"list":[{"name":"High-Tech Gründerfonds","url":"https://alion.io/company/high-tech-gruenderfonds-2","type":"Accelerator","based_in":"Germany","startups_here":19,"examples":["Hornetsecurity","Raidboxes","Certivity"],"portfolio_rounds_12m":48,"latest_activity":"2026-11-04"},{"name":"CoCo Finance","url":"https://alion.io/company/cocofinance","type":"Venture capital","based_in":"Germany","startups_here":8,"examples":["Impossiblecloud","Link11","Perseus"],"portfolio_rounds_12m":5,"latest_activity":"2026-08-24"},{"name":"xdeck","url":"https://alion.io/company/xdeck","type":"Accelerator","based_in":"Germany","startups_here":6,"examples":["heyData","Kertos","Sunhat"],"portfolio_rounds_12m":9,"latest_activity":"2026-09-15"},{"name":"Techstars","url":"https://alion.io/company/techstars","type":"Accelerator","based_in":"United States","startups_here":5,"examples":["Beatpulse Labs","EcoG","Integrations AB"],"portfolio_rounds_12m":98,"latest_activity":"2026-11-06"},{"name":"Y Combinator","url":"https://alion.io/company/y-combinator","type":"Accelerator","based_in":"United States","startups_here":4,"examples":["AccessOwl","Localyze","Demodesk"],"portfolio_rounds_12m":256,"latest_activity":"2026-10-30"},{"name":"Redstone","url":"https://alion.io/company/redstone-3","type":"Venture capital","based_in":"Germany","startups_here":4,"examples":["Kertos","EcoG","INXM"],"portfolio_rounds_12m":16,"latest_activity":"2026-09-14"},{"name":"Helmholtz","url":"https://alion.io/company/helmholtz","type":"Accelerator","based_in":"Germany","startups_here":4,"examples":["Aam Digital","CyberTide","DiMOS Operations GmbH"],"portfolio_rounds_12m":9,"latest_activity":"2026-10-11"},{"name":"Bm T","url":"https://alion.io/company/bm-t","type":"Venture capital","based_in":"Germany","startups_here":4,"examples":["Enginsight","Leapter","Applyo Jena"],"portfolio_rounds_12m":6,"latest_activity":"2026-08-19"},{"name":"ALSTIN II GmbH","url":"https://alion.io/company/alstin","type":"Venture capital","based_in":"Germany","startups_here":4,"examples":["Secfix","Usercentrics","etalytics"],"portfolio_rounds_12m":6,"latest_activity":"2026-10-05"},{"name":"Plug and Play","url":"https://alion.io/company/plug-and-play","type":"Accelerator","based_in":"United States","startups_here":3,"examples":["IDnow","Certivity","Luchs Security"],"portfolio_rounds_12m":152,"latest_activity":"2026-11-04"},{"name":"Antler","url":"https://alion.io/company/antler","type":"Accelerator","based_in":"Singapore","startups_here":3,"examples":["Teddy","Netbird","CyberTide"],"portfolio_rounds_12m":52,"latest_activity":"2026-11-02"},{"name":"Bayern Kapital","url":"https://alion.io/company/bayern-kapital","type":"Venture capital","based_in":"Germany","startups_here":3,"examples":["Secfix","FTAPI","EcoG"],"portfolio_rounds_12m":24,"latest_activity":"2026-08-26"},{"name":"D11Z. Ventures","url":"https://alion.io/company/d11z","type":"Accelerator","based_in":"Germany","startups_here":3,"examples":["Cygrid","Tabularis","CertHub"],"portfolio_rounds_12m":9,"latest_activity":"2026-11-07"},{"name":"Ecapital","url":"https://alion.io/company/ecapital-2","type":"Venture capital","based_in":"Germany","startups_here":3,"examples":["ONEKEY","QuoIntelligence","Tenzir"],"portfolio_rounds_12m":8,"latest_activity":"2026-09-14"},{"name":"IBB Ventures","url":"https://alion.io/company/ibb-ventures","type":"Venture capital","based_in":"Germany","startups_here":3,"examples":["KAZIMI","High Mobility","NENNA"],"portfolio_rounds_12m":5,"latest_activity":"2026-09-02"},{"name":"Capnamic","url":"https://alion.io/company/capnamic","type":"Venture capital","based_in":"Germany","startups_here":3,"examples":["Sunhat","Embold","cofenster GmbH"],"portfolio_rounds_12m":5,"latest_activity":"2026-09-29"},{"name":"BMH Beteiligungs-Managementgesellschaft 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