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Austria's startup ecosystem is diverse, with companies specializing in AI, fintech, and travel. The region supports both newly formed ventures and more established businesses.
Major players include the wellness company Therme Group, which has raised $565M. At the same time, new AI companies like mypaperwork.ai are just starting out with pre-seed funding.
Below is our list of 76 Austria startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Howie created an AI assistant for architects and engineers that automates routine tasks and optimizes complex designs. The tool enhances workflow efficiency for professionals in the architecture, engineering, and construction industries.
TourRadar built an online marketplace for travelers to discover and book multi-day tours from operators around the world. Their platform aggregates thousands of organized adventures, simplifying how people find, compare, and reserve complex trips.
LimeWire provides a Web3 subscription platform that helps creators upload, manage, and share digital files. Their marketplace is designed for artists and fans to connect through exclusive content and digital collectibles.
Bitpanda provides an investment platform that gives users a single point of access to trade various digital assets, including cryptocurrencies, stocks, and metals. The company focuses on making investing accessible and straightforward for both beginners and seasoned traders.
Optimuse provides an AI-based solution that supports the pre-design phase of building renovation. Their software helps architects and developers accelerate project planning by automating feasibility studies and initial concepts.
Tractive develops GPS tracking devices designed for dogs and cats, giving owners peace of mind. Their wearable trackers pair with a mobile app to provide real-time location monitoring and activity tracking.
Mypaperwork.ai uses artificial intelligence to reform the global migration process, simplifying the paperwork for international moves. Their platform automates visa applications and other essential documents, helping both individuals and businesses navigate cross-border bureaucracy.
blackshark.ai builds a photorealistic 3D digital twin of the entire planet using artificial intelligence and satellite data. Their platform provides a synthetic environment for large-scale simulations and training applications in industries like autonomous driving and aviation.
USound builds audio solutions based on highly scalable MEMS speaker technology. Their miniature speakers are designed to bring high-fidelity sound to wearables, headphones, and other modern electronics.
Therme Group develops and operates advanced wellbeing resorts that blend thermal bathing traditions with modern, sustainable technology. These large-scale facilities serve as urban oases, integrating botanical gardens and water attractions to make wellness accessible to all.
Our top 10 picks offer a glimpse into Austria's startup scene, but there's much more happening. All across the country, founders are busy building companies and raising money to grow them.
Many of these companies are focused on AI and fintech, and together they've raised over $7 billion. Here’s a look at the other startups shaping the Austrian startup ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Automation | 2018 | $2.5M | Venture Round | |
| Design | 2013 | $91.2M | Series B | |
| Retail | 2016 | $60M | Venture Round | |
| Mobility | 1982 | €1.5B | Debt Financing | |
| Hardware | 2020 | €33M | Series B | |
| AI | 2017 | $31.1M | Series B | |
| Retail | 2016 | €75.9M | Series C | |
| Manufacturing | 2019 | €270M | Venture Round | |
| Cloud | 2010 | €100M | Private Equity | |
| Marketing | 2022 | €8M | Series A | |
| Education | 2021 | €1.1M | Seed | |
| Media | 2020 | $10.5M | Grant | |
| Analytics | 2019 | $100k | Venture Round | |
| Analytics | 2015 | $166.3M | Series D | |
| Mobility | 2018 | €280M | Corporate Round | |
| Healthcare | 2022 | €9.8M | Seed | |
| Analytics | 2000 | $55.3M | Series B | |
| Manufacturing | 2019 | €214.5M | Debt Financing | |
| Mobility | 1998 | €169M | Venture Round | |
| Healthcare | 2014 | €10.5M | Venture Round | |
| Retail | 2016 | €72.5M | Series B | |
| Energy | 1984 | €480M | Private Equity | |
| AI | 2011 | $21.3M | Series A | |
| Food | 2020 | €4M | Grant | |
| AI | 2018 | €14M | Seed | |
| AI | 2022 | $3.3M | Seed | |
| Fintech | 2019 | €10M | Seed | |
| Analytics | 2020 | €14.7M | Series A | |
| AgTech | 2017 | €11M | Series A | |
| Biotech | 2018 | €18M | Series A | |
| Media | 2017 | $12M | Venture Round | |
| AI | 2022 | €4.4M | Seed | |
| Analytics | 2019 | €4.4M | Seed | |
| Fintech | 2020 | €700k | Seed | |
| Hardware | 1985 | $1.3B | Secondary Market | |
| AI | 2017 | €10.7M | Series A | |
| Crypto | 2001 | €2B | Debt Financing | |
| Mobility | 2015 | €10.6M | Series A | |
| Fintech | 2014 | — | — | |
| Fintech | 2020 | $15M | Series A | |
| Environment | 2016 | €13.6M | Series A | |
| Hardware | 2011 | €28M | Series A | |
| Biotech | 2021 | €6M | Seed | |
| Retail | 2019 | €6.8M | Series A | |
| Biotech | 2019 | $12.9M | Series A | |
| Enterprise | 2014 | €14M | Series A | |
| Marketplace | 2013 | $10.5M | — | |
| Infrastructure | 2022 | $4M | Seed | |
| Fintech | 1959 | €200M | Debt Financing | |
| Enterprise | 2020 | €3.1M | Seed | |
| Real Estate | 2021 | €450k | Seed | |
| Crypto | 2024 | $3M | Seed | |
| Security | 2017 | $5M | Series A | |
| Crypto | 2017 | $29.4M | Venture Round | |
| Fintech | 1896 | $30M | Secondary Market | |
| Other | 2004 | $20M | Venture Round | |
| Fintech | 2019 | $5.8M | Seed | |
| AI | 2016 | $6.7M | Series A | |
| Media | 2017 | $131M | Series C | |
| Enterprise | 2019 | $13.6M | Series A | |
| Enterprise | 2018 | $5.1M | Seed | |
| AI | 2019 | $8.8M | Series A | |
| Biotech | 2017 | $6.7M | Seed | |
| Hardware | 2017 | $2.5M | Grant | |
| Energy | 2019 | $9.7M | Venture Round | |
| Biotech | 2019 | $9.6M | Seed |
