"Germany minted eleven new unicorns in a single year — one every five weeks, the largest cohort in its history — taking the index to 37 unicorns worth €116.5 billion, fifth in the world and the undisputed leader of continental Europe. The Hurun Germany Unicorn Index 2026 is the definitive ranking of the country's billion-dollar startups, profiling every unicorn, every founder and every graduate — and asking the two questions that will define the next decade: why German-born founders abroad have built more than three times the value of the home list, and whether Germany can close the late-stage capital gap that keeps pushing them there."