Queiró, FranciscoLutterbey, Justus2025-04-012025-04-012025-01-232024-12-17http://hdl.handle.net/10362/181760This study investigates the growing role of U.S. venture capital investments in Germany, focusing on round, startup, and investor characteristics that influence U.S. participation. Despite the importance of Germany for European VCs, research on U.S. cross-border activity remains scarce. Using OLS regression models based on commercial register and Dealroom data while complementing our findings with experts’ insights, we demonstrate that U.S. investors focus on late-stage investments, larger rounds, and quality startups, while driving up valuations. Moreover, the study highlights the influence of investor reputation and portfolio size on U.S. investors’ participation, providing an overview of influencing factors without claiming causality.engCross-border venture capitalFinancing roundsPre-money valuationDeal termsUnited StatesGermanyMultivariate regression analysismaster thesis203926960