69 Best Austria Startups to Watch in 2024
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Last update to the database: May 6, 2024. See changelog.
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company | score | funding | investors | employees | industries | biz model | city | contact |
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Digital receipt and loyalty program solutions. |
$70M · Series B | Urban Pioneers, ActivumSG, kineo finance | 11 to 50 | Fintech, Payments | B2C, SaaS | Vienna, Austria | •••••••••••@storebox.com | |
Marketplace for refurbished electronics. |
$57M · Series C | C4 Ventures, Isomer Capital, All Iron Ventures | 251 to 500 | Ecommerce | B2C, Marketplace | Vienna, Austria | •••••••••••@refurbed.com | |
Automated IoT platform for the optimal, real-time planning and dispatch of hydropower plants. |
$8M · Series A | CNB Capital, Inven Capital, SET Ventures | 11 to 50 | Energy & Nuclear, Internet of Things | B2B | Vienna, Austria | •••••••••••@hydrogrid.eu | |
Data tracking is fundamentally broken, so we reinvented it. JENTIS is the #1 server-side tracking SaaS tool. Made in Europe. |
$12M · Series A | Pragmatech Ventures, 3TS Capital Partners, Bright Pixel | 11 to 50 | Legal Tech, Data and Analytics | B2B, SaaS | Vienna, Austria | •••••••••••@jentis.com | |
Digital documents collaboration, signing and markup platform. |
$117M | Insight Venture Partners | 101 to 250 | Legal Tech, Mobile, Developer Tools, Cloud, Identity Management | B2B, SaaS | Vienna, Austria | •••••••••••@pspdfkit.com | |
We enable healthcare companies to digitize patient interactions and translate data into actionable insights. |
$2M · Seed | Thieme, MassMutual Ventures, MMC Ventures | 11 to 50 | Health Tech, AI, Insuretech, Pharma, Business Intelligence | B2B, SaaS | Vienna, Austria | •••••••••••@xund.ai | |
3D generative AI platform. |
$6M · Seed | Collab+Currency, Contango Digital Assets, Shrapnel | 1 to 10 | AR / VR, Developer Tools | B2B, SaaS | Vienna, Austria | •••••••••••@atlas.design | |
Aviation propulsion system developer. |
$21M · Series B | Breeze Invest | 11 to 50 | Space Tech | B2B | Linz, Austria | •••••••••••@cyclotech.at | |
Crypto exchange platform. |
$47M · Series B | Valar Ventures, Jump Capital, Klover Capital | 501 to 1000 | Fintech, Crypto & web3, Payments | B2B, Marketplace | Vienna, Austria | •••••••••••@bitpanda.com | |
Software and hardware solutions for autonomous vehicles |
$32M · Debt Financing | European Investment Bank | 1001 to 5000 | Hardware, Mobility & Transportation, Manufacturing | B2B | Vienna, Austria | •••••••••••@tttech-auto.com | |
AI-driven supply chain risk platform. |
$19M · Series A | Creandum, Ventech, Speedinvest | 51 to 100 | Fintech, AI, Machine Learning, Data and Analytics, Sales and Marketing, Business Intelligence, Supply Chain & Logistics | B2B, SaaS | Vienna, Austria | •••••••••••@prewave.ai | |
Digital therapy platform. |
$4M · Seed | MassMutual Ventures, Wellington Partners | 1 to 10 | Health Tech, AI | B2C | Vienna, Austria | •••••••••••@nyra.health | |
Digital platform for diabetic patients. |
$16M · Series A | Founders Fund, Human Capital, Speedinvest | 1 to 10 | Health Tech | B2C, SaaS | Vienna, Austria | •••••••••••@9am.health | |
Asset operations platform. |
$8M · Series A | btov Partners | 11 to 50 | Agritech, Data and Analytics, Business Intelligence, Internet of Things, Cloud | B2B, SaaS | Vienna, Austria | •••••••••••@toolsense.io | |
Logistics and warehousing platform. |
$5M · Series A | ActivumSG, kineo finance, Wille Finance | 51 to 100 | Ecommerce, Supply Chain & Logistics | B2B, SaaS, Marketplace | Vienna, Austria | •••••••••••@yourstorebox.com | |
Cardioid drug discovery platform. |
$4M · Seed | aws Gründerfonds, Tensor Ventures, Invest AG | 11 to 50 | Health Tech, Biotech | B2B | Vienna, Austria | •••••••••••@heartbeat.bio | |
Casein protein manufacturer for animal-free cheese. |
$5M · Seed | Climentum Capital, PUSH Ventures, BackBone Ventures | 1 to 10 | Foodtech, Biotech, Pharma, Manufacturing | B2B | Vienna, Austria | •••••••••••@fermify.org | |
Autonomous solar energy management platform. |
$4M · Seed | Voltares, PUSH Ventures | 11 to 50 | Climate Tech & Green Tech, Energy & Nuclear | B2B, SaaS | Vienna, Austria | •••••••••••@raicoon.com | |
AI-powered 3D geospatial mapping platform. |
$15M · Series A | Point72 Ventures, Isai, Maxar Technologies | 101 to 250 | Space Tech, Navigation and Mapping | Graz, Austria | •••••••••••@blackshark.ai | ||
Open-access smart lockers. |
$80M · Series D | Star Capital Partners | 11 to 50 | Travel Tech | Salzburg, Austria | •••••••••••@myflexbox.com | ||
Drug discovery platform for the treatment of brain disorders. |
$4M · Seed | red-stars.com | 1 to 10 | Biotech, Deep Tech | Vienna, Austria | •••••••••••@aheadbio.com | ||
AI-powered simulation platform for intelligent and resilient climate-aware design. |
$1M · Pre Seed | xista science ventures, Heartfelt, Antler | 1 to 10 | Climate Tech & Green Tech, Machine Learning | B2B, SaaS | Vienna, Austria | •••••••••••@infrared.city | |
Marketing analytics platform for businesses. |
$3M · Series A | Felix Capital, SoftBank Group, Speedinvest | 251 to 500 | AI, Adtech, Data and Analytics, Business Intelligence | B2B, SaaS | Vienna, Austria | •••••••••••@adverity.com | |
B2B food marketplace. |
$4M | Rockstart, seed + speed Ventures | 11 to 50 | Foodtech, Ecommerce | B2B, SaaS | Vienna, Austria | •••••••••••@orderlion.com | |
Space data management platform. |
$1M · Pre Seed | Possible Ventures, Cocoa, Remote First Capital | 1 to 10 | Space Tech | B2B | Vienna, Austria | •••••••••••@tilebox.io | |
We enable property companies to increase off-plan sales, boost their efficiency and provide their customers with a great purchase experience |
$3M · Seed | Pi Labs, Axeleo Capital | 11 to 50 | Proptech & Real Estate | B2B, SaaS | Vienna, Austria | •••••••••••@propster.tech | |
Drug development and diagnostics platform. |
$2M · Seed | xista science ventures, tecnet equity, SOSV | 1 to 10 | Health Tech, Biotech | Graz, Austria | •••••••••••@valanx.bio | ||
Sustainable homes developers. |
$108M · Series B | 251 to 500 | Climate Tech & Green Tech, Proptech & Real Estate | B2B | Vienna, Austria | •••••••••••@gropyus.com | ||
Lignovations provides high-performance ingredients from upcycled biomass lignin. |
$2M · Seed | Borregaard ASA | 1 to 10 | Agritech, Biotech, Deep Tech, Manufacturing | B2B | Tulln, Austria | •••••••••••@lignovations.com | |
Scrap metal trading platform. |
$17M · Series A | FJ Labs, Silence VC | 11 to 50 | Climate Tech & Green Tech, Manufacturing | B2B, Marketplace | Graz, Austria | •••••••••••@metaloop.eu | |
Back-end financing web3 platform for DAOs, DApps and centralized exchanges. |
$1M · Pre Seed | Speedinvest | 1 to 10 | Fintech, Crypto & web3, Data and Analytics, Business Intelligence | B2B, SaaS | Vienna, Austria | •••••••••••@consola.finance | |
QA and regulatory processes automation for medical device manufacturers. |
$1M · Pre Seed | Speedinvest | 1 to 10 | Biotech, Manufacturing | B2B | Vienna, Austria | •••••••••••@flinncomply.com | |
Mobile text recognition software. |
$500k · Angel | Project A Ventures, iSeed Ventures, PUSH Ventures | 51 to 100 | Mobile, Data and Analytics | B2B, SaaS | Vienna, Austria | •••••••••••@anyline.com | |
AI-driven tools for accountants. |
$1M · Pre Seed | Mangrove Capital Partners, eQventure | 11 to 50 | Fintech, AI | B2B, SaaS | Vienna, Austria | •••••••••••@finmatics.com | |
AI-powered synthetic data platform. |
$1M · Seed | Molten Ventures, Earlybird Venture Capital, 42CAP | 11 to 50 | AI, Data and Analytics, Privacy and Security | B2B, SaaS | Vienna, Austria | •••••••••••@mostly.ai | |
Digital payment integration platform for health insurance companies. |
$1M · Pre Seed | Seedcamp, Speedinvest, Calm/Storm Ventures | 11 to 50 | Health Tech, Fintech, Insuretech, Payments | B2B | Vienna, Austria | •••••••••••@hi.health | |
Crypto investment platform. |
$389k · Pre Seed | High-Tech Gründerfonds | 11 to 50 | Crypto & web3, Investing | B2B, B2C | Vienna, Austria | •••••••••••@coinpanion.com | |
Digital SaaS platform for property documentation. |
$1M · Seed | Insight Venture Partners, Cavalry Ventures Management, Quadrille Capital | 101 to 250 | Proptech & Real Estate, Creative Tools | B2B, SaaS | Vienna, Austria | •••••••••••@planradar.com | |
Hybrid learning platform for the DACH region. |
$790k · Angel | SoftBank Group, Tencent, Left Lane Capital | 1001 to 5000 | Edtech | SaaS | Vienna, Austria | •••••••••••@gostudent.org | |
Wowflow is a mobile-first collaboration and workflow for facility maintenance teams. |
$366k · Pre Seed | Lemonade Stand | 1 to 10 | Proptech & Real Estate, Mobile | B2B, SaaS | Vienna, Austria | •••••••••••@wowflow.com | |
Plug-and-play visual analytics for exploring and preparing large data in much less time |
$1M · Seed | btov Partners | 1 to 10 | Data and Analytics, Business Intelligence | B2B, SaaS | Vienna, Austria | •••••••••••@visplore.com | |
bettertogether is a public relations and communications company. |
$1M · Seed | Cherry Ventures | 11 to 50 | Health Tech, Mobile, Media and Entertainement, Sales and Marketing, Creative Tools, Service Industry | B2B | Vienna, Austria | •••••••••••@bettertogether.com | |
SaaS |
$315k · Pre Seed | APX | 1 to 10 | Hiring and Recruitement | B2B, SaaS | Vienna, Austria | •••••••••••@bonrepublic.com | |
EV fleet management platform. |
$270k · Pre Seed | Speedinvest, SmartEnergy Innovation Fund, Verbund X Ventures | 11 to 50 | Climate Tech & Green Tech, Mobility & Transportation | B2C, SaaS | Vienna, Austria | •••••••••••@necture.com | |
Trality is the platform for anyone to create and invest through automated trading bots. |
$1M | Blockrocket | 1 to 10 | Fintech, Crypto & web3, Mobile | B2B | Vienna, Austria | •••••••••••@trality.com | |
Wealth-management, Fintech, Froots is an online wealth manager that helps their clients to obtain long-term financial freedom. |
$963k · Pre Seed | Greyhound Capital | 11 to 50 | Fintech | B2B, SaaS | Vienna, Austria | •••••••••••@froots.io | |
We build a virtual photo studio as web- and mobile app. |
$263k · Pre Seed | Point Nine Capital, Speedinvest | 1 to 10 | Mobile, Creative Tools | B2B, SaaS | Vienna, Austria | •••••••••••@zerolens.com | |
Morpher is DeFi app for trading virtual stocks, commodities, forex, and cryptocurrencies. |
$1M · Seed | RTP Global, LinkedIn | 11 to 50 | Fintech, Crypto & web3 | B2B, Marketplace | Vienna, Austria | •••••••••••@morpher.com | |
Bitcoin trading platform. |
$2M · Seed | Volksbank Raiffeisenbank Bayern Mitte eG | 1 to 10 | Crypto & web3, Investing | B2C | Salzburg, Austria | •••••••••••@21bitcoin.app | |
Manufacturer of audio systems for mobile applications. |
$9M · Series C | QVentures | 51 to 100 | Hardware, Music and Audio | B2B | Graz, Austria | •••••••••••@usound.com | |
Cell Therapy transformed cancer treatment. Sarcura will transform cell therapy manufacturing. |
$7M | HCVC, Nina Capital | 11 to 50 | Health Tech, Biotech, Deep Tech, Data and Analytics, Manufacturing, Business Intelligence, Semiconductor | B2B, SaaS | Tulln, Austria | •••••••••••@sarcura.com | |
AI-powered energy trading services for global short-term power markets |
$8M · Series A | 11 to 50 | Climate Tech & Green Tech, Energy & Nuclear | Vienna, Austria | •••••••••••@enspired-trading.com | |||
FINABRO is your consultant for saving & investing! |
$5M · Seed | 1 to 10 | Fintech | B2B | Vienna, Austria | •••••••••••@finabro.at | ||
Logsta is your flexible 3PL fulfilment provider |
N/A | ALSTIN Capital | 101 to 250 | Mobility & Transportation, Ecommerce | B2B | Vienna, Austria | •••••••••••@logsta.com | |
Cortical.io’s offers AI-based natural language understanding solutions built on technology inspired by Neuroscience |
$6M · Series A | 11 to 50 | Vienna, Austria | •••••••••••@cortical.io | ||||
TriLite Technologies is a developing world display tech for AR/VR applications. |
$9M | 11 to 50 | Vienna, Austria | •••••••••••@trilite-tech.com | ||||
Digital customs clearance platform. |
$1M · Seed | 11 to 50 | Mobility & Transportation, Supply Chain & Logistics | B2B, SaaS | Vienna, Austria | •••••••••••@digicust.com | ||
Microdrink and global hydration platform. |
N/A | Founders Future | 251 to 500 | Health Tech, Foodtech, CPG & Consumer Goods, Manufacturing | B2C | Vienna, Austria | •••••••••••@waterdrop.com | |
contextflow uses AI imaging technology to support radiologists during their daily clinical routine. |
N/A | Nina Capital, LinkedIn | 1 to 10 | Health Tech, Data and Analytics, Business Intelligence | B2B, SaaS | Vienna, Austria | •••••••••••@contextflow.com | |
Byrd is an international eCommerce fulfillment network that gives online shops access to a scalable logistics solution. |
$18M · Series B | 101 to 250 | Vienna, Austria | •••••••••••@getbyrd.com | ||||
Bikemap is a provider of cycling map & navigation service in the world. Mobile subscription for offline, routing, map features. |
N/A | Ponooc | 11 to 50 | Sportstech, Travel Tech, Mobile, Consumer Social, Navigation and Mapping | B2C | Vienna, Austria | •••••••••••@bikemap.net | |
We help doctors choose the best treatments, save time and provide a 10x better patient experience with just a few clicks. |
N/A | PUSH Ventures | 1 to 10 | Health Tech, Media and Entertainement | B2B, Marketplace | Vienna, Austria | •••••••••••@careety.com | |
Ribbon Biolabs defines new standards for molecular biology by applying innovative methods for DNA synthesis. |
N/A | Hadean Ventures | 1 to 10 | Health Tech, Biotech, Deep Tech | B2B | Vienna, Austria | •••••••••••@ribbonbiolabs.com | |
Ubiq is shaping the future of urban mobility by enabling mobility services to become profitable and sustainable. |
N/A | Speedinvest | 11 to 50 | Mobility & Transportation | B2B, SaaS | Vienna, Austria | •••••••••••@ubiq.ai | |
Inspired by quantum technology, VitreaLab provides integrated optics solutions ranging from lighting to visionary displays products. |
N/A | 1 to 10 | Manufacturing | B2B | Vienna, Austria | •••••••••••@vitrealab.com | ||
Schrott24 is a managed marketplace for scrap metal. |
$3M · Seed | Statkraft Ventures, FJ Labs | 11 to 50 | Mobile, Manufacturing | B2B, Marketplace | Graz, Austria | •••••••••••@schrott24.de | |
Biotech to converts inorganic gases into organic food. |
$4M · Seed | Synthesis Capital | 1 to 10 | Foodtech, Biotech, Energy & Nuclear, Manufacturing | B2B | Tulln, Austria | •••••••••••@arkeon.bio | |
Blue Planet Ecosystems designs, builds, and operates artificial ecosystems for sustainable food production. |
$2M · Seed | 11 to 50 | Agritech, Foodtech | Vienna, Austria | •••••••••••@blueplanetecosystems.com | |||
Modern mobile marketplace interfaces are lively, dynamic and interactive. Female startup founders ;)) |
$2M · Seed | 11 to 50 | AI | Vienna, Austria | •••••••••••@doma.market |
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Seedtable’s take on Austria
By Gonz Sánchez Sarmiento
CEO at Seedtable
Vienna's tech ecosystem has been experiencing significant growth, with a focus on deeptech, medtech, B2C-driven solutions, and edtech. The city has become an attractive destination for startups due to its supportive public funding, R&D incentives, and a large student community that provides a deep talent pool. Vienna's startup scene has been growing consistently, with the number of startups in Austria reaching 2,544, and half of the companies founded across Austria being created in Vienna. The city has also been cited as one of the best places for female founders in Europe, with 42% of all companies being led by female entrepreneurs. Despite its growth, Vienna's tech ecosystem still faces challenges, such as the need for more tech talent. However, the city's increasing interest from international investors and the presence of successful startups, including unicorns, reflect a positive outlook for the future
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