It provides businesses control over their online presence and reputation, ensuring seamless integration and consistency with their physical locations around the web. Required fields are marked *. It offers a range of insurance products for home and daily life and customers to quickly and easily access and modify their insurance policies according to their evolving needs. Cheers! Podcast. Mister Spex is an online shop specialized in glasses and contact lenses. Companies are also given support to help cover training costs once an employee has been hired. It provides a digital portal for customers to manage their insurance policies and view the potential for savings and improvements, ensuring they have the right hedge at the best price-performance ratio. Maybe because it is relatively young… and still need to develop your online presence? Blacklane is a global professional chauffeur service. According to Crunchbase data, German startups in 2017 attracted $3.5 billion in disclosed venture rounds, a 51 percent increase from 2016. Welcome to Germany’s Start-up Capital! Personnel costs of newly-created jobs, in the first two years. Since it commenced with operations in 2012, German Startups Group has in its opinion built up a diversified portfolio of investments in young . Here is a selection of articles, news and features you may also like. FlixMobility is a transportation company offering convenient, affordable and environmentally-friendly travel. In a recent development, as first reported by Reuters, FlixBus has raised funding around €500 million in a Series F round, bringing valuation of more than $2 billion. EU-wide incentives (Horizon 2020 programme), Professional opinion as to the viability of the project, Proof of knowledge to pursue self-employment, Certificate documenting registration of the business at the trade office (. Designed for longer distances, Omio provides a comparative chart based on the cheapest or fastest travel options. Launched in 2013 with the FlixBus brand, FlixMobility has developed the largest intercity bus network in Europe, before expanding in 2018 in the rail industry with FlixTrain. Launched with the idea of prototyping of a new form of aircraft, the company has now revealed its Lilium Jet, a five-seater, fully-electric aircraft that can take-off and land vertically. As of January 2021, the startup has 25 employees listed on LinkedIn. Countries we operate in. Startups Apply Here. Discover the events organised by Startup Europe and our partners. It combines smart modular farms with IoT technologies and machine learning to improve and develop sustainable production and distribution of food. If your business idea is convincing, you may obtain funding to help you start up your business, which will put you in a more secure position. Media. You must apply for the wage subsidy before any employment contracts are signed. Operating in more than 30 countries, Auto1 provides liquidity, more business and first-class supply to its private customers and professional partners. Through its digital platform, Blacklane allows anyone to book and manage rides for airport transport, limousine or private car services, and ground transportation in more than 300 cities around the world. This year’s list of the best 121 Germany tech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between. Operating through a digital platform, Tier Mobility manages fleets of electric scooters throughout European cities. Coya also provides a simplified experience for customers to file insurance claims. Local ecosystems supported +1k. Industry: Logistics, Electronics – Total funding: $49.1M. events What's on. Germany is one of the developing startup ecosystems in Europe. This list of startups in Germany provides data on their funding history, investment activities, and acquisition trends. It demands a lot of time, discipline, dedication, and most importantly, funding. The main criterium is the amount of funding received, as recorded on Crunchbase. Thermondo provides innovative heating solutions to increase efficiency, expand decentralized energy supply and switch to environmentally friendly technology. All expats need to know about taxation & the tax system in Germany, responsible tax authorities, ELSTER & asking tax advisors for help with German taxes. Start-ups helped. Top Funding Types Seed , Series A , Pre-Seed , Series B , Angel. The application turn-around time is usually very quick. Industry: Transportation, Travel – Total funding: €500M. The table below sets out some of the main sources, which provide capital for companies in different phases of their life cycle. It helps banks obtain deposits from new markets and client groups without operating their own retail infrastructure. Industry: Banking, Financial Services – Total funding: €95.1M. Industry: Internet, Logistics – Total funding: $92.8M. Top 32 green energy startups in Germany. Felmo, a Berlin-based pet care startup, recently completed its Series A fundraising round — a significant development for the company, which was only founded in 2019. Startup Europe projects. Cheers, Your email address will not be published. Besides, startups often compete against each other, especially in the hyper-competitive field of financial services and FinTech. There are numerous grants, loans and financial incentives available for anyone wishing to start a business. Industry: Aerospace, Transportation – Total funding: $101.4M. Germany is one of Europe’s leading startup powerhouses, attracting $5.4bn in venture capital funding in 2020, more than double four years ago. It offers individuals and companies to easily access to more than 1,500 tech products at a fraction of the cost, including smartphones, laptops, virtual reality gear, and wearables. Auxmoney is a financial services company operating an online peer-to-peer loan marketplace. Top 31 AI startups in Germany. It allows customers to buy tickets online directly through its application and manage a fleet of buses throughout Europe. In February of 2020, the startup secured €4.8 million in seed funding. Anyway, be sure that we will include you on our checking list for an upcoming update! Sonnen. Industry: Farming, Internet of Things – Total funding: $134.1M. The top startups for Germany in Startup Ranking featuring startups/companies like EyeEm, Contentful, Blinkist, JustWatch, Clue, Cleverism, Kraken.io. To get started, select your profile below. It helps companies deploy, scale, and create technology while connecting communities with mobility services through a range of products in carpool, shuttle and fleet management. Taxfix aims at simplifying the tax filing system and facilitating the savings that can be realized while complying with tax declaration. Raisin is a marketplace for savings and investment. Updated: January 28, 2021. In general, the innovation and startup landscape is building momentum rapidly, with many of the players focusing on topics like industry 4.0 and connected mobility. Industry: Banking, FinTech – Total funding: $206M. It browses diverse data sources to compare and combine rail, air, bus, and car journeys, suggesting and visualizing the best routes and costs. Country: Germany | Funding: $69.3M Ada Health offers a new approach … Job centres also offer seminars and courses to help prepare you for running your own business or becoming a freelancer. Industry: Energy, Equipment – Total funding: €63.3M. Starting up your Business in Germany at the Heart of Europe. To apply for the grant, you will need to submit an application to your local job centre. Personio was founded in 2015 and after 12 months of boot-strapping, we’ve raised $54.2M so far. Auto1 Group is a leading digital automotive platform in Europe. Industry: Analytics, Data Visualization – Total funding: $77.5M. Industry: E-Commerce, Rental – Total funding: €101M. Though they may not be as famous as well-established German digital corporations, such as Rocket Internet or Zalando, many of these companies are already well-known in Germany and abroad, reaching a large population with their products and services. German venture firms are behind the investment jump. In combination with solar panels the sonnenBatterie will enable you … 14. What are the best startups to invest in? 3. Become a Partner or Sponsor. This includes: The amount of funding available is dependent upon the company’s size and location within Germany. Start-up funding in Germany. You can receive a grant of up to 50% of the employee’s salary for up to 12 months. Europe and Germany have become such great locations for start-ups. Billie provides solutions to SMEs for their needs in working capital management. Industry: Insurance, InsurTech – Total funding: $40M. Organizations in this hub have their headquarters located in Germany, Europe; notable events and people located in Germany are also included. When will I get my coronavirus vaccination in Germany? MOST ACTIVE MARKET Finance. Updated: January 28, 2021 . Industry: Business Development, SaaS – Total funding: $229.6M. Industry: Financial Services, FinTech – Total funding: €43.5M. The KFW provides attractive funding opportunities for start-up coaching! Charlotte Tucker-April 30, ... Germany; Slovenia; Greece; Spain; Hungary; Sweden; Ireland; Switzerland; Italy; UK; Receive our weekly Newsletter. Country: Germany | Funding: $519.3M Kreditech uses machine-learning technologies to provide access to better credit for the underbanked. Wunder Mobility provides solutions to efficiently launch and scale mobility services. Signavio has expanded to Silicon Valley and Singapore. The whole of eastern Germany, excluding Berlin, is classified as a “C” region, while the vast majority of prosperous southern federal states such as Bavaria and Baden-Württemberg have no funding entitlement. Industry: Automotive, Marketplace – Total funding: $1.1B. There are two phases to the grant. You will need a business plan and sufficient loan securities. Having a German bank account also helps to smooth out the application process. It is also engaged in strategic partnerships with public transportation and other mobility providers. The most unique thing about Germany is that the country doesn't have only one Digital Hub. Germans and foreign entrepreneurs alike are welcome to apply for financial support. The amount up for grabs is large: in 2016, more than 934 million euros of venture capital was invested in new companies based in Germany. There are four main types of incentives. [Funding alert] Digital healthcare startup MediBuddy closes $40M in Series B round Government depts to add over 1.4 lakh jobs between 2019 and March 1, 2021: Budget Startup … Contentful provides a digital content infrastructure to make content accessible via APIs and editable in a CMS-like web app. 580 Unicorn Startup Companies Excel Spreadsheet, Top 30 US companies in the NASDAQ index 2021, Top 30 US companies in the DOW JONES index 2021, Top 30 companies of Europe in the EURO STOXX 50 index 2021, Top 30 companies of China in the Shanghai Composite index 2020. Get to grips with permits, licences, qualifications, legal forms, registering, business taxes and insurance. Alongside the loans offered by the KfW, each German federal state has its own development bank, which provides loans of up to 10 million euros to small and medium-sized enterprises (SMEs). Others are not as famous in the general public, as these startups focus on certain business niches and take charge of problems faced by specific professions. It offers a suite for business process and transformation that combines data analysis and human expertise to help companies make smarter and faster decisions, and apply intelligent business process changes. Freeletics. Infarm is a company specialized in vertical farms. of the German startup ecosystem. The GRW (Gemeinschaftsaufgabe “Verbesserung der regionalen Wirtschaftsstruktur” - Joint Task for the Improvement of Regional Economic Structures) is a major investment programme committed to creating jobs and promoting regional economic development. Public guarantees can cover up to 80% of the loan amount, usually up to 1,25 million euros, over a period of fifteen years. Crunchbase data shows that German VC firms made 331 venture deals in German startups in 2017. About Us. You must submit your application before your project begins. It offers a simple, fully automated invoice financing solution customized for small businesses and helps them secure better payment terms through a pay-after-delivery solution for B2B online merchants. Omio is a European travel search platform. * See a GRW regional aid map outlining border, C and D regions, valid until 2020. In terms of the city’s share of the national population, more people in Berlin set themselves up in business than in any other federal state. Your bank can contact the development bank for a loan on your behalf. However, from e-commerce to industrial applications, from transportation to artificial intelligence, many German startups are also engaged in the application of technology to new verticals, and the disruption of a wide array of industries. // NEWS // The whole webinar series online! The Deutschland is home to several innovative tech startups founded by talented and ambitious entrepreneurs who want to disrupt the market with their concepts. Personio develops a one-stop HR operating system for SMEs up to 2.000 employees. Berlin’s range and depth of support and services tailored to the needs of young entrepreneurs have also played a significant part in this success. Coya provides a new way of managing insurance policies centered on the customers. Under this scheme, public guarantee banks act as guarantors for those who have insufficient collateral for loans, i.e. The government supports startup founders with different grant programs for starting a company. Industry: E-Commerce, Eyewear – Total funding: $141.7M. Tourlane is a travel booking platform for tailor-made tours. Industry: Ride Sharing, Electric Vehicle – Total funding: $91M. Your email address will not be published. If you continue to use this site we will assume that you are happy with it. 197. Incentives are provided on three different levels: The amount of funding available is dependent on the size of the business, how many companies or institutes are involved, and the kind of research being undertaken. Industry: Freight Service, Logistics – Total funding: $53M. Launched in Germany in 2007, Mister Spex now operates in France, Spain, Austria, Switzerland, the Netherlands, and Great Britain. The start-up grant is not available to those above the statutory retirement age. Do not hesitate to contact us if you’re interested. Industry: Travel, Search Engine – Total funding: $296M. Germany 10+ employees Fast-growing A startup demands much more than just a great idea. Funding. Startup Funding Event Global brings inspiring startups and world-class founders on 1 stage to Win our Innovation Funding Award with 42,000€ worth of marketing materials. Having raised a healthy €621m, the bank has more than double the funding of Germany’s second-largest fintech player, Kreditech. Additionally, you must prove that you possess the necessary knowledge and abilities to run your own business, for instance by your qualifications or having attended a course. Some examples: Students, graduates and academics who want to make their startup idea a reality have the opportunity to apply for the Exist Startup Grant from the German Federal Ministry for Economic Affairs and Energy. Tier Mobility provides micro-mobility sharing-solutions. get some Keyfacts // NEWS // Best Practice Video: OmniOpti & startport // NEWS // 124 start-ups from 30 countries!! Germany offers fertile ground for the entrepreneur, with billions of euros being injected into schemes that promote research, innovation and investment. Thanks for the overview! How is coronavirus impacting the funding landscape for startups? 1. Since 2007 the ESF-project “Gründercoaching Deutschland” has helped tens of thousands of start-ups on their way to develop a sustainable business plan and to succeed on the open market. Applications for GRW cash grants can be made with the state development bank in your federal state (Landesförderinstitut or Förderbank), who administer the cash grants as well as approving applications. And notably, these startups are now putting this capital into building the teams of the future — and growing fast. Grover is a company that allows customers to rent tech products with a monthly fee instead of buying them. Germany supports entrepreneurs with a number of funding programmes. What we can do for you. Nevertheless, a few of the leading German startups have already beaten these odds and reached the status of “Unicorn”, that is to say, a valuation of more than a billion dollars. Germany Trade & Invest, the economic development agency of the German government, can assist you in identifying suitable funding programmes and the application process. Infarm helps cities improve safety, quality, and reduce the environmental footprint of food production while increasing their self-sufficiency. Menu. // NEWS// 2020: Let’s Tour digital! Did you buy any product or service from them? Germany is ideal for expat entrepreneurs wanting to start a company or go freelance. The Munich based company is one of Europe‘s fastest-growing tech startups. For expats of all colours, shapes & sizes, EU-wide classification system of company size, state development bank in your federal state (, Capital expenditures (e.g. It is designed to deliver journeys four times faster than a taxi, yet at a competitive price. It helps editors and developers collaborate better and reduce digital development and delivery time to quickly bring new experiences to customers and digital products to market. Through its wearable barcode scanning solutions, ProGlove enhances efficiency, flexibility, and quality for comprehensive industry 4.0 approaches. For the first six months, you are given the unemployment benefit you were previously entitled to, plus 300 euros per month. In need of tax advice or tax services in Germany? The company acquires majority and minority shareholdings mainly by providing venture capital. Combining talent with technology, FreightHub keeps track of shipments through time, helps to manage documents, and provides an overview of the supply chain. Industry: Travel, Reservations – Total funding: $81M. What are the criteria and deadline to be published on your list? Salary Atlas 2021 reveals the highest paid jobs in Germany. N26 caters to customers in the European Union directly or through its subsidiaries, thanks to a convenient mobile application. To be eligible for the start-up grant, you need to be entitled to unemployment benefit for at least 150 days beyond the point at which you take up self-employment. Thanks to its digital platform, Raisin also provides its customers with an app to simplify the investment process and ease the management of investments. You must also demonstrate that the start-up is a viable venture. 1. Thanks to its application, Tourlane blends tech and design with travel consultancy to provide trips that are comparable, fast and easy to book. Resources, tools and data for business, money, tech and finance. Let us know in the comments below! Find out about business structures, licences, taxes & start-up grants. It also helps to connect investors with credit seekers through a secure, fast and transparent platform, without the need for any intermediary. SolarisBank is a banking-as-a-service platform with a full banking license that allows companies to offer their own financial products. Germans and foreign entrepreneurs alike are welcome to apply for financial support. Throughout the loan period, the borrower pays an annual fee, proportional to the outstanding amount borrowed. It provides current accounts, fixed accounts, and other banking services including cash withdrawal and deposit, international money transfer, investment, and credit. The European corporate venture investors are the most active in Germany. Funding: $168.5M Sonnen is a German-based pioneer for intelligent lithium based energy storage. Hi, We should update the German startups list in the coming weeks. Thinking of starting a business in Germany? Alongside these key players, Germany’s lively fintech scene is expanding and beginning to see results. Ada Health . Local job centres, run by the Federal Employment Agency, offer free services to businesses such as vacancy advertising, pre-selection of candidates and provision of facilities to conduct job interviews. Kreditech. Through its digital platform, Taxfix allows individuals to easily go through their tax declaration online and provides them an automated calculation and submission of tax returns. Industry: Location-Based Services, Marketing – Total funding: $54.8M. There are two levels of public loans: The KfW (Kreditanstalt für Wiederaufbau - “Reconstruction Credit Institute”), the federal government’s development bank, has a number of financing options open to entrepreneurs, both German and foreign. There are cash payments available for businesses who hire unemployed people on long-term contracts. Industry: Professional Services, Transportation – Total funding: $77M. A guarantee application must be submitted to the guarantee bank or state development bank via your commercial bank. Contact Us. But a deal last week — $100 million in funding for vertical farming group infarm — brought Germany’s agtech industry into focus. Industry: Artificial Intelligence, Internet of Things – Total funding: $51.6M. Startup financing with government funding. // NEWS// Watch our WELCOME VIDEO!!! Deutsch | Español | Français | Italiano | Português | 中文 | 日本語, Top 30 best-funded Canadian startups 2020, Top 20 largest UK financial companies 2020, Top 30 best-funded Australian startups 2020. Lilium is a company developing personal aircraft. Headquarters: Dresden, Germany Funding: €2.6 million Investors: The seed funding round was led by Brandenburg Kapital and supported by High-Tech-Gründerfonds, Technologiegründerfonds Sachsen, and business angels. If you have lost your job and are receiving unemployment benefit, you may be entitled to a start-up grant to encourage you to take up self-employment. If the employee has disabilities or is above a certain age, the subsidy rises to 70% of their wage for up to eight years. Which one do you think provides the most useful product? And depositors gain access to more deposit products without opening new accounts with other banks. Workshops held . Konux provides IoT solutions for the industry, combining smart sensor and AI-based data analytics to deliver better management of industrial assets and maintenance. 121 Germany Startups to Watch in 2021 Germany's tech sector is booming. they promise to repay the lender if the borrower defaults on payments. First Name. This Week’s Popular Posts. A 2016 British Business Bank Survey highlights the fact that more than 60% of startups require external funding rounds in order to establish their ground firmly. The startups in South-East Asia (Singapore, Indonesia, Vietnam, Philippines, Thailand, Malaysia, Myanmar and Cambodia) followed with $15.9 billion and the West Asian startups (Qatar, Israel, Turkey, Kuwait, United Arab Emirates, Lebanon, Cyprus, Saudi Arabia, Jordan, Iran, Yemen, Armenia and Bahrain) ranked next with $5.2 billion of the total startup funding in 2018. Integrated via APIs, SolarisBank integrates financial services to help companies deliver modern and scalable banking products in e-money, instant credit, and digital banking as well as third-party services. You’re also missing Munich-based tado° which was founded in 2011. tado° has reaised raised over £100m. The EXIST Business Start-up Grant is a support programme of the German Federal Ministry for Economic Affairs and Energy and is co-financed by the European Social Fund. Working for one of the fastest growing European (and German) start-ups myself, I was wondering if you could add Personio – The HR Operating System. Here is the list of the top 30 best-funded German startups with details about each company, the total amount of funds received by the company in US $ or British £ according to Crunchbase, as of October 29, 2019 (with € converted to US $ with the rate of 1.10795 $/€), together with a direct link to the company’s website. Bryter : This Berlin-based startup, founded in 2018, offers a no-code software to over 30 international law and accounting firms, as well as companies and governments, to automate decision-making. It provides logistically optimized relocation services for individuals and companies, together with transports of goods, packing, warehousing, and courier services. Here are the top 30 best-funded startups from Germany. Did we forget any? Signavio provides cloud-based process modeling and management systems. Industry: Transportation, Fleet Management – Total funding: $70M. We use cookies to ensure that we give you the best experience on our website. Country: Germany | Funding: $70M Freeletics develops AI-powered fitness coaching app. Blog. Industry: Fashion, Shopping – Total funding: $59.8M. Pets in Germany have a new way to join the digital world. Public guarantees are a scheme adopted by the German government to encourage commercial banks to offer loans to companies. The technologically-savvy and solvable German people provides a great base to support startups in their national and international expansion. Usually, this requires you to obtain a statement from an expert authority, such as your local Chamber of Industry and Commerce (IHK), Chamber of Crafts (HWK), or a financial institution. It is primarily doing business by connecting buyers and sellers of used cars through digital marketplaces. 22 Mes EU-Startups Summit. For state guarantees, the application is dependent on a committee’s decision. Movinga is a vertically integrated logistics company for individuals and medium-sized companies. You can apply for a subsidy that covers up to 50% of all on-the-job training costs. Involved in a number of industries and businesses, many of these startups are operating through software or cloud-based platform. CUMULATIVE FUNDING (USD) $4.7+ Billion. Aiming at providing convenience and time-savings, Outfittery relies on personal style experts to define outfits from men’s fashion brands and designers and send them directly to their customers. LARGEST GERMAN FUNDING ROUNDS IN 2020 Rank Company Market Type Date Amount; 1: TIER Mobility: Electric Vehicle Series C: November: $250,000,000: 2: Lilium: Aerospace 0. German startups get lots of funding and support from the government and corporate businesses. ProGlove develops wearable devices that connect industrial workers and provide management tools to retrieve and collect data where it is needed on site. We will include Tado on our checking list for an upcoming update! Deposit Solutions provides an open banking platform allowing banks to offer third-party deposit products and associated services. Regions in Germany are allocated a maximum funding entitlement, based on their economic outputs. September. FreightHub is a freight service provider relying upon digital technologies to improve processes and deliver high-quality service. 2. PS: Maybe we could help in developing your online presence. German Startups Group is an investment company based in Berlin that focuses on young, fast-growing companies. Have a look at our list of German tax consultants, advisors and accountants for expats. Objectives: Arioso aims to pursue its expansion, integrate its MEMS-based micro loudspeaker in audio devices, and enable further development and testing of its technology at … Become a Volunteer. Cut through the chase for business, money, tech and finance: get the latest from Disfold directly in your inbox! 08 2015. 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