Your email address will not be published. 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. Freeletics. Hi Paul, Thanks for the comment. When will I get my coronavirus vaccination in Germany? It provides products from more than 60 brands and designers, with more than 5,000 different glasses, sunglasses, sports eyewear, and contact lenses. If you continue to use this site we will assume that you are happy with it. Germany Trade & Invest, the economic development agency of the German government, can assist you in identifying suitable funding programmes and the application process. Organizations in this hub have their headquarters located in Germany, Europe; notable events and people located in Germany are also included. German startups get lots of funding and support from the government and corporate businesses. Ada Health . There are cash payments available for businesses who hire unemployed people on long-term contracts. This Week’s Popular Posts. 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 sonnenBatterie is not just a battery, it's an intelligent storage system that automatically adjusts the energy usage in your household. 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. Uberall is a location marketing SaaS company, connecting businesses with consumers through their offline purchase journey. Germany offers fertile ground for the entrepreneur, with billions of euros being injected into schemes that promote research, innovation and investment. Country: Germany | Funding: $519.3M Kreditech uses machine-learning technologies to provide access to better credit for the underbanked. Local ecosystems supported +1k. The application turn-around time is usually very quick. You will need to submit the following documents: The German federal government (Bundesregierung) has committed to spending around 3% of GDP on funding research and development, meaning that there are numerous programmes providing financial support for these kinds of projects. It allows customers to buy tickets online directly through its application and manage a fleet of buses throughout Europe. Infarm is a company specialized in vertical farms. Operating through a digital platform, Tier Mobility manages fleets of electric scooters throughout European cities. Your bank can contact the development bank for a loan on your behalf. With the largest population in Europe and a diversified economy, Germany is a leading hub in Europe for startups and tech companies. There are also a number of labour-related incentives on offer from the Federal Employment Agency (Bundesagentur für Arbeit - BA) to help new companies reduce their operational costs. 0. Entrepreneurs in Germany can also access publicly-subsidised programmes, provided by development banks, which offer loans at low-interest rates. FlixMobility is a transportation company offering convenient, affordable and environmentally-friendly travel. Industry: E-Commerce, Rental – Total funding: €101M. We didn’t find your company before our initial screening. Germans and foreign entrepreneurs alike are welcome to apply for financial support. N26 a mobile banking platform. For state guarantees, the application is dependent on a committee’s decision. 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. 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. It provides logistically optimized relocation services for individuals and companies, together with transports of goods, packing, warehousing, and courier services. The KFW provides attractive funding opportunities for start-up coaching! * See a GRW regional aid map outlining border, C and D regions, valid until 2020. 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. they promise to repay the lender if the borrower defaults on payments. Industry: Insurance, InsurTech – Total funding: $43.8M. 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. Contentful provides a digital content infrastructure to make content accessible via APIs and editable in a CMS-like web app. 1. Signavio has expanded to Silicon Valley and Singapore. Thanks to its application, Tourlane blends tech and design with travel consultancy to provide trips that are comparable, fast and easy to book. 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. 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. Podcast. Personio was founded in 2015 and after 12 months of boot-strapping, we’ve raised $54.2M so far. 22 Mes EU-Startups Summit. ** Adhering to an EU-wide classification system of company size according to employee numbers, annual turnover and balance sheet totals. 2. Germans and foreign entrepreneurs alike are welcome to apply for financial support. It is primarily doing business by connecting buyers and sellers of used cars through digital marketplaces. Sonnen. 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. Germany is ideal for expat entrepreneurs wanting to start a company or go freelance. Which one do you think provides the most useful product? Most of these funding programmes consist of public loans, which offer you better conditions with regard to their interest, loan periods and repayment terms. CUMULATIVE FUNDING (USD) $4.7+ Billion. 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. You’re also missing Munich-based tado° which was founded in 2011. tado° has reaised raised over £100m. Start-ups helped. Kreditech. Curated by @gonsanchezs. Berlin is Germany’s start-up capital. [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 … Thanks to its digital platform, Raisin also provides its customers with an app to simplify the investment process and ease the management of investments. Under this scheme, public guarantee banks act as guarantors for those who have insufficient collateral for loans, i.e. Tourlane is a travel booking platform for tailor-made tours. Industry: Logistics, Electronics – Total funding: $49.1M. 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. Discover the events organised by Startup Europe and our partners. The Entrepreneur Loan (Unternehmerkredit) finances up to 100% of eligible costs, up to a maximum of 25 million euros. Industry: Insurance, InsurTech – Total funding: $40M. With a range of products and services for home heating, Thermondo brings integrated solutions to disrupt the heating market. We couldn’t find it in our initial screening. Crunchbase data shows that German VC firms made 331 venture deals in German startups in 2017. 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. The government supports startup founders with different grant programs for starting a company. PS: Maybe we could help in developing your online presence. Companies are also given support to help cover training costs once an employee has been hired. 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. 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. German venture firms are behind the investment jump. 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. Wunder Mobility provides solutions to efficiently launch and scale mobility services. Menu. Let us know in the comments below! We use cookies to ensure that we give you the best experience on our website. If the employee has disabilities or is above a certain age, the subsidy rises to 70% of their wage for up to eight years. In February of 2020, the startup secured €4.8 million in seed funding. Konux provides IoT solutions for the industry, combining smart sensor and AI-based data analytics to deliver better management of industrial assets and maintenance. What are the criteria and deadline to be published on your list? MOST ACTIVE MARKET Finance. Pets in Germany have a new way to join the digital world. It browses diverse data sources to compare and combine rail, air, bus, and car journeys, suggesting and visualizing the best routes and costs. Alongside these key players, Germany’s lively fintech scene is expanding and beginning to see results. 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. Industry: Transportation, Fleet Management – Total funding: $70M. ProGlove develops wearable devices that connect industrial workers and provide management tools to retrieve and collect data where it is needed on site. Mister Spex is an online shop specialized in glasses and contact lenses. Industry: Banking, FinTech – Total funding: $682.8M. In need of tax advice or tax services in Germany? 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. You must apply for the wage subsidy before any employment contracts are signed. Thanks for the overview! Startup financing with government funding. After this, you may be granted an additional 300 euros per month for a maximum of nine months, provided that your business has started to operate full-time. 14. And depositors gain access to more deposit products without opening new accounts with other banks. Industry: Fashion, Shopping – Total funding: $59.8M. The fastest growing German startups with no disclosed funding in November were: Emma the Sleep Company, VYTAL, BABLE. Industry: Travel, Search Engine – Total funding: $296M. It is designed to deliver journeys four times faster than a taxi, yet at a competitive price. Contact Us. Salary Atlas 2021 reveals the highest paid jobs in Germany. It also helps to connect investors with credit seekers through a secure, fast and transparent platform, without the need for any intermediary. Industry: E-Commerce, Eyewear – Total funding: $141.7M. SolarisBank is a banking-as-a-service platform with a full banking license that allows companies to offer their own financial products. 1. Throughout the loan period, the borrower pays an annual fee, proportional to the outstanding amount borrowed. Raisin is a marketplace for savings and investment. Industry: Energy, Equipment – Total funding: €63.3M. You will need a business plan and sufficient loan securities. September. 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. 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. Industry: Ride Sharing, Electric Vehicle – Total funding: $91M. This list of startups in Germany provides data on their funding history, investment activities, and acquisition trends. Workshops held . This includes: The amount of funding available is dependent upon the company’s size and location within Germany. Countries we operate in. 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