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. Public guarantees are a scheme adopted by the German government to encourage commercial banks to offer loans to companies. 121 Germany Startups to Watch in 2021 Germany's tech sector is booming. Involved in a number of industries and businesses, many of these startups are operating through software or cloud-based platform. Though the majority of these startups operate through technology, many of these companies are also involved in the financial sector, one of the most interesting sectors for disruption and accelerated growth. 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. The most unique thing about Germany is that the country doesn't have only one Digital Hub. As of January 2021, the startup has 25 employees listed on LinkedIn. Thanks to its digital platform, Raisin also provides its customers with an app to simplify the investment process and ease the management of investments. GET ACCESS TO CORPORATES FROM THE VIBRANT RHINE-RUHR REGION. It helps customers obtain the best interest rates while enhancing the banks’ reach in Europe through its open platform. 1. Industry: Banking, FinTech – Total funding: $206M. 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. 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. It helps banks obtain deposits from new markets and client groups without operating their own retail infrastructure. Media. MOST ACTIVE MARKET Finance. 0. 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. Auto1 Group is a leading digital automotive platform in Europe. 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. 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. Industry: Energy, Equipment – Total funding: €63.3M. The table below sets out some of the main sources, which provide capital for companies in different phases of their life cycle. 0. Email. Personio develops a one-stop HR operating system for SMEs up to 2.000 employees. Startup Europe projects. 0. You will need a business plan and sufficient loan securities. The BA will also subsidize up to 100% of the cost of training new employees if particular training measures need to be undertaken before they can start work. 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. Get to grips with permits, licences, qualifications, legal forms, registering, business taxes and insurance. Operating in more than 30 countries, Auto1 provides liquidity, more business and first-class supply to its private customers and professional partners. Mister Spex is an online shop specialized in glasses and contact lenses. Podcast. Organizations in this hub have their headquarters located in Germany, Europe; notable events and people located in Germany are also included. Did we forget any? 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. 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. For the complete list of the world’s unicorn startups, and much more information on each company, including its valuation, funds raised, known investors, website link, and description, check our 580 Unicorn Startup Companies Excel Spreadsheet. To apply for the grant, you will need to submit an application to your local job centre. 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 provides current accounts, fixed accounts, and other banking services including cash withdrawal and deposit, international money transfer, investment, and credit. It combines smart modular farms with IoT technologies and machine learning to improve and develop sustainable production and distribution of food. First Name. The government supports startup founders with different grant programs for starting a company. The Munich based company is one of Europe‘s fastest-growing tech startups. Outfittery is a company specialized in personal shopping service for men. But a deal last week — $100 million in funding for vertical farming group infarm — brought Germany’s agtech industry into focus. This list of startups in Germany provides data on their funding history, investment activities, and acquisition trends. A guarantee application must be submitted to the guarantee bank or state development bank via your commercial bank. Germany supports entrepreneurs with a number of funding programmes. German venture firms are behind the investment jump. Contact Us. There are two phases to the grant. Pets in Germany have a new way to join the digital world. September. It provides logistically optimized relocation services for individuals and companies, together with transports of goods, packing, warehousing, and courier services. We couldn’t find it in our initial screening. Blog. Sonnen. Focusing on finding frictions through big data, Celonis improves transparency and efficiency to help businesses save valuable time and money by improving procurement, human resource, information technology service management, logistics, production, accounting, sales, audit and more. Your email address will not be published. All expats need to know about taxation & the tax system in Germany, responsible tax authorities, ELSTER & asking tax advisors for help with German taxes. Infarm helps cities improve safety, quality, and reduce the environmental footprint of food production while increasing their self-sufficiency. It makes HR departments more efficient by digitizing HR processes – from recruiting to managing, paying and developing people and thereby gives HR Managers more time for value creating tasks. Entrepreneurs in Germany can also access publicly-subsidised programmes, provided by development banks, which offer loans at low-interest rates. // NEWS// 2020: Let’s Tour digital! Industry: Ride Sharing, Electric Vehicle – Total funding: $91M. Designed for longer distances, Omio provides a comparative chart based on the cheapest or fastest travel options. Your bank can contact the development bank for a loan on your behalf. It browses diverse data sources to compare and combine rail, air, bus, and car journeys, suggesting and visualizing the best routes and costs. Start-up funding in Germany. Lilium is a company developing personal aircraft. Various public sources, on both a national and a regional level, provide equity capital for new businesses in Germany. that are becoming home to some really innovative and successful tech startups. 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. 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. Workshops held . German Startups Group is an investment company based in Berlin that focuses on young, fast-growing companies. There are several taxes that businesses, self-employed & freelancer workers in Germany have to pay, including VAT (USt), trade, corporation & income taxes. 3. Resources, tools and data for business, money, tech and finance. The process for applying for equity capital varies according to the provider, but in general, you will be expected to submit a business plan and meet with the capital provider before a decision can be reached. Salary Atlas 2021 reveals the highest paid jobs in Germany. It provides businesses control over their online presence and reputation, ensuring seamless integration and consistency with their physical locations around the web. Participating startups. Maybe because it is relatively young… and still need to develop your online presence? 22 Mes EU-Startups Summit. Auxmoney is a financial services company operating an online peer-to-peer loan marketplace. Updated: January 28, 2021. It is also engaged in strategic partnerships with public transportation and other mobility providers. 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. The main criterium is the amount of funding received, as recorded on Crunchbase. Cut through the chase for business, money, tech and finance: get the latest from Disfold directly in your inbox! Starting up your Business in Germany at the Heart of Europe. Personio was founded in 2015 and after 12 months of boot-strapping, we’ve raised $54.2M so far. What are the best startups to invest in? 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. From building partnerships to getting startup investment and funding, the Startup Europe Club has the information and resources you need. In need of tax advice or tax services in Germany? 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 … 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. Funding. What we can do for you. 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. The European corporate venture investors are the most active in Germany. Industry: Analytics, Data Visualization – Total funding: $77.5M. Industry: Content, SaaS – Total funding: $79.6M. Charlotte Tucker-April 30, ... Germany; Slovenia; Greece; Spain; Hungary; Sweden; Ireland; Switzerland; Italy; UK; Receive our weekly Newsletter. To facilitate your browsing in this long list, here are quick links to go directly to the details of any of the top 30 German startups. German startups get lots of funding and support from the government and corporate businesses. 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). Industry: Aerospace, Transportation – Total funding: $101.4M. 1. Personnel costs of newly-created jobs, in the first two years. Continue to use this site we will include you on our checking list for an upcoming update main,... Coronavirus vaccination in Germany, Tier Mobility manages fleets of Electric scooters throughout European cities own products... 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