Required fields are marked *. It allows customers to buy tickets online directly through its application and manage a fleet of buses throughout Europe. Europe and Germany have become such great locations for start-ups. Contact Us. 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. Start-up funding in Germany. Industry: Banking, FinTech – Total funding: $206M. Industry: Banking, FinTech – Total funding: $682.8M. Industry: Ride Sharing, Electric Vehicle – Total funding: $91M. 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. From building partnerships to getting startup investment and funding, the Startup Europe Club has the information and resources you need. It also helps to connect investors with credit seekers through a secure, fast and transparent platform, without the need for any intermediary. Curated by @gonsanchezs. 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. 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. Startup financing with government funding. 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. 14. 08 2015. hello@startupfundingevent.com . Most of these funding programmes consist of public loans, which offer you better conditions with regard to their interest, loan periods and repayment terms. Grover is a company that allows customers to rent tech products with a monthly fee instead of buying them. Alongside these key players, Germany’s lively fintech scene is expanding and beginning to see results. Local ecosystems supported +1k. 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. To get started, select your profile below. It provides businesses control over their online presence and reputation, ensuring seamless integration and consistency with their physical locations around the web. 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. 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. There are numerous grants, loans and financial incentives available for anyone wishing to start a business. There are two phases to the grant. Which one do you think provides the most useful product? It browses diverse data sources to compare and combine rail, air, bus, and car journeys, suggesting and visualizing the best routes and costs. The company acquires majority and minority shareholdings mainly by providing venture capital. You will need a business plan and sufficient loan securities. German startups get lots of funding and support from the government and corporate businesses. Through its wearable barcode scanning solutions, ProGlove enhances efficiency, flexibility, and quality for comprehensive industry 4.0 approaches. 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. Personio develops a one-stop HR operating system for SMEs up to 2.000 employees. Thanks to its online application Auxmoney allows anyone to request a loan in 5 minutes, get a rapid reply and obtain the money within 24 hours. September. Workshops held . MOST ACTIVE MARKET Finance. It demands a lot of time, discipline, dedication, and most importantly, funding. Country: Germany | Funding: $519.3M Kreditech uses machine-learning technologies to provide access to better credit for the underbanked. get some Keyfacts // NEWS // Best Practice Video: OmniOpti & startport // NEWS // 124 start-ups from 30 countries!! Start-ups helped. 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. Companies are also given support to help cover training costs once an employee has been hired. Participating startups. 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 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 most unique thing about Germany is that the country doesn't have only one Digital Hub. Blacklane is a global professional chauffeur service. Resources, tools and data for business, money, tech and finance. The technologically-savvy and solvable German people provides a great base to support startups in their national and international expansion. // NEWS// Watch our WELCOME VIDEO!!! The top startups for Germany in Startup Ranking featuring startups/companies like EyeEm, Contentful, Blinkist, JustWatch, Clue, Cleverism, Kraken.io. There are several taxes that businesses, self-employed & freelancer workers in Germany have to pay, including VAT (USt), trade, corporation & income taxes. And depositors gain access to more deposit products without opening new accounts with other banks. And notably, these startups are now putting this capital into building the teams of the future — and growing fast. The Entrepreneur Loan (Unternehmerkredit) finances up to 100% of eligible costs, up to a maximum of 25 million euros. Personio was founded in 2015 and after 12 months of boot-strapping, we’ve raised $54.2M so far. Become a Volunteer. It provides products from more than 60 brands and designers, with more than 5,000 different glasses, sunglasses, sports eyewear, and contact lenses. Thanks to its digital platform, Raisin also provides its customers with an app to simplify the investment process and ease the management of investments. Industry: Transportation, Fleet Management – Total funding: $70M. There are cash payments available for businesses who hire unemployed people on long-term contracts. Become a Partner or Sponsor. 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. Industry: Farming, Internet of Things – Total funding: $134.1M. Content. This includes: The amount of funding available is dependent upon the company’s size and location within Germany. For the first six months, you are given the unemployment benefit you were previously entitled to, plus 300 euros per month. Industry: Travel, Reservations – Total funding: $81M. 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. Celonis provides solutions for analyzing and visualizing business processes. Freeletics. The country was ranked number one in Europe for startups by NimbleFins in 2019. Industry: Automotive, Marketplace – Total funding: $1.1B. 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. Do not hesitate to contact us if you’re interested. It offers grants to businesses in the manufacturing and service industries to cover a proportion (up to a maximum of 40%) of costs during the establishment phase. The start-up grant is a discretionary grant provided in two phases by the Federal Employment Agency. It combines smart modular farms with IoT technologies and machine learning to improve and develop sustainable production and distribution of food. You can apply for a subsidy that covers up to 50% of all on-the-job training costs. 22 Mes EU-Startups Summit. Email. 1. Industry: Energy, Equipment – Total funding: €63.3M. // NEWS // The whole webinar series online! Industry: Insurance, InsurTech – Total funding: $40M. Infarm is a company specialized in vertical farms. Ada Health . Germany is ideal for expat entrepreneurs wanting to start a company or go freelance. The European corporate venture investors are the most active in Germany. The KFW provides attractive funding opportunities for start-up coaching! A guarantee application must be submitted to the guarantee bank or state development bank via your commercial bank. Public guarantees can cover up to 80% of the loan amount, usually up to 1,25 million euros, over a period of fifteen years. The Munich based company is one of Europe‘s fastest-growing tech startups. In February of 2020, the startup secured €4.8 million in seed funding. Here is a selection of articles, news and features you may also like. With a range of products and services for home heating, Thermondo brings integrated solutions to disrupt the heating market. [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 … Your email address will not be published. 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. Omio is a European travel search platform. Industry: Aerospace, Transportation – Total funding: $101.4M. 1. 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. The main criterium is the amount of funding received, as recorded on Crunchbase. You must also demonstrate that the start-up is a viable venture. But a deal last week — $100 million in funding for vertical farming group infarm — brought Germany’s agtech industry into focus. Media. Germans and foreign entrepreneurs alike are welcome to apply for financial support. PS: Maybe we could help in developing your online presence. 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. Tier Mobility provides micro-mobility sharing-solutions. In combination with solar panels the sonnenBatterie will enable you … The fastest growing German startups with no disclosed funding in November were: Emma the Sleep Company, VYTAL, BABLE. Countries we operate in. Did you buy any product or service from them? 0. Country: Germany | Funding: $69.3M Ada Health offers a new approach … Tourlane is a travel booking platform for tailor-made tours. 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. 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. Germany offers fertile ground for the entrepreneur, with billions of euros being injected into schemes that promote research, innovation and investment. Operating in more than 30 countries, Auto1 provides liquidity, more business and first-class supply to its private customers and professional partners. You must apply for the wage subsidy before any employment contracts are signed. Industry: Insurance, InsurTech – Total funding: $43.8M. Funding. Industry: Banking, Financial Services – Total funding: €95.1M. Cut through the chase for business, money, tech and finance: get the latest from Disfold directly in your inbox! Involved in a number of industries and businesses, many of these startups are operating through software or cloud-based platform. Industry: E-Commerce, Rental – Total funding: €101M. 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. events What's on. Starting up your Business in Germany at the Heart of Europe. 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. Various public sources, on both a national and a regional level, provide equity capital for new businesses in Germany. 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 In need of tax advice or tax services in Germany? 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. Germany offers fertile ground for the entrepreneur, with billions of euros being injected into schemes that promote research, innovation and investment. If you continue to use this site we will assume that you are happy with it. German venture firms are behind the investment jump. Clark is an insurance platform that aims at making insurance simple, fair and transparent. Get to grips with permits, licences, qualifications, legal forms, registering, business taxes and insurance. The last update was made on January 20, 2021. Industry: Logistics, Electronics – Total funding: $49.1M. 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. Germany’s biggest funding to date! Regions in Germany are allocated a maximum funding entitlement, based on their economic outputs. 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. 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. A startup demands much more than just a great idea. With the largest population in Europe and a diversified economy, Germany is a leading hub in Europe for startups and tech companies. Having a German bank account also helps to smooth out the application process. This list of startups in Germany provides data on their funding history, investment activities, and acquisition trends. It provides logistically optimized relocation services for individuals and companies, together with transports of goods, packing, warehousing, and courier services. Industry: Transportation, Travel – Total funding: €500M. Industry: Artificial Intelligence, Internet of Things – Total funding: $51.6M. Top Funding Types Seed , Series A , Pre-Seed , Series B , Angel. Charlotte Tucker-April 30, ... Germany; Slovenia; Greece; Spain; Hungary; Sweden; Ireland; Switzerland; Italy; UK; Receive our weekly Newsletter. 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. 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. The staff can advise you as to the exact process, but usually, you will need to submit the following documents: Explained: Germany's new mask rule for public transport & shops, Germany extends coronavirus lockdown until February 14, February 2021: 8 changes affecting expats in Germany. It is also engaged in strategic partnerships with public transportation and other mobility providers. Industry: Financial Services, FinTech – Total funding: €43.5M. Designed for longer distances, Omio provides a comparative chart based on the cheapest or fastest travel options. Besides, startups often compete against each other, especially in the hyper-competitive field of financial services and FinTech. Under this scheme, public guarantee banks act as guarantors for those who have insufficient collateral for loans, i.e. Coya also provides a simplified experience for customers to file insurance claims. Germany supports entrepreneurs with a number of funding programmes. Germany is one of Europe’s leading startup powerhouses, attracting $5.4bn in venture capital funding in 2020, more than double four years ago. 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. 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. 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. Relying on tourism experts, Tourlane creates unique adventures and authentic travel experience to more than 30 countries worldwide. Find out about business structures, licences, taxes & start-up grants. We couldn’t find it in our initial screening. Updated: January 28, 2021. Anyway, be sure that we will include you on our checking list for an upcoming update! Throughout the loan period, the borrower pays an annual fee, proportional to the outstanding amount borrowed. You’re also missing Munich-based tado° which was founded in 2011. tado° has reaised raised over £100m. FreightHub is a freight service provider relying upon digital technologies to improve processes and deliver high-quality service. Contentful provides a digital content infrastructure to make content accessible via APIs and editable in a CMS-like web app. Have a look at our list of German tax consultants, advisors and accountants for expats. Your bank can contact the development bank for a loan on your behalf. Industry: Content, SaaS – Total funding: $79.6M. Movinga is a vertically integrated logistics company for individuals and medium-sized companies. SolarisBank is a banking-as-a-service platform with a full banking license that allows companies to offer their own financial products. Cheers! 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. Berlin is Germany’s start-up capital. 0. 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. Signavio has expanded to Silicon Valley and Singapore. Startup Europe projects. Receive the IamExpat Weekly and Special Offers from our Partners. As of January 2021, the startup has 25 employees listed on LinkedIn. Below is a preview of the data we have collected for the top well-funded startups in Germany COMPANIES TRACKED 183. Thinking of starting a business in Germany? Coya provides a new way of managing insurance policies centered on the customers. 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. Having raised a healthy €621m, the bank has more than double the funding of Germany’s second-largest fintech player, Kreditech. they promise to repay the lender if the borrower defaults on payments. 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. of the German startup ecosystem. Lilium is a company developing personal aircraft. 3. Job centres also offer seminars and courses to help prepare you for running your own business or becoming a freelancer. German Startups Group is an investment company based in Berlin that focuses on young, fast-growing companies. We will include Tado on our checking list for an upcoming update! new buildings, equipment or machinery) in the first three years. 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. Welcome to Germany’s Start-up Capital! Hi, We should update the German startups list in the coming weeks. 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. Kreditech. Podcast. 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. Maybe because it is relatively young… and still need to develop your online presence? The table below sets out some of the main sources, which provide capital for companies in different phases of their life cycle. 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. 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. The start-up grant is not available to those above the statutory retirement age. Menu. Auto1 Group is a leading digital automotive platform in Europe. Launched in 2011, Deposit Solutions has expanded to the UK and Switzerland. Industry: Travel, Search Engine – Total funding: $296M. It helps banks obtain deposits from new markets and client groups without operating their own retail infrastructure. How is coronavirus impacting the funding landscape for startups? 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. Combining talent with technology, FreightHub keeps track of shipments through time, helps to manage documents, and provides an overview of the supply chain. Salary Atlas 2021 reveals the highest paid jobs in Germany. Taxfix aims at simplifying the tax filing system and facilitating the savings that can be realized while complying with tax declaration. Organizations in this hub have their headquarters located in Germany, Europe; notable events and people located in Germany are also included. For state guarantees, the application is dependent on a committee’s decision. Industry: Freight Service, Logistics – Total funding: $53M. Public funding in Germany can broadly be divided into four main groups: Direct grants are non-repayable cash payments granted to new businesses in Germany to offset initial set-up costs, promote research and development, or help build a company’s workforce. Top 32 green energy startups in Germany. Deposit Solutions provides an open banking platform allowing banks to offer third-party deposit products and associated services. N26 a mobile banking platform. All expats need to know about taxation & the tax system in Germany, responsible tax authorities, ELSTER & asking tax advisors for help with German taxes. We didn’t find your company before our initial screening. ** Adhering to an EU-wide classification system of company size according to employee numbers, annual turnover and balance sheet totals. ProGlove develops wearable devices that connect industrial workers and provide management tools to retrieve and collect data where it is needed on site. Venture capital if the borrower defaults on payments and support from the VIBRANT RHINE-RUHR REGION: Internet Logistics... May also like Adhering to an EU-wide classification system of company size to! The underbanked integration and consistency with their concepts buyers and sellers of used cars through digital marketplaces to CORPORATES the! On tourism experts, tourlane creates unique adventures and authentic travel experience to more than double funding. Phases of their life cycle Location-Based services, Marketing – Total funding: €63.3M also helps smooth... Cut through the chase for business, money, tech and finance products with a full Banking license that companies...: loans, i.e to support startups in Germany provides data on their economic outputs 2012 German... Most active in Germany are also given support to help prepare you for running your own business becoming. Founded by talented and ambitious entrepreneurs who want to disrupt the heating.. For up to a maximum funding entitlement, based on their funding history, investment activities, and for... Develops a one-stop HR operating system for SMEs up to 50 % of all on-the-job training.... 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