The startup scene in Karlsruhe, Germany is defined by its strength in deep tech and energy. Companies here are tackling complex challenges in areas from enterprise software to quantum computing.
This includes highly funded ventures like renewable energy producer ILOS Projects, which has raised $351.4M. Synthetic fuel company INERATEC has also attracted significant capital with €208M in funding.
Below is our list of 50 Karlsruhe startups worth keeping an eye on.
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Get the Sheet for $50Kipu Quantum develops quantum software solutions designed for specific industrial applications and hardware platforms. Their technology uses a unique algorithm compression method to solve complex problems on today's quantum computers.
| Year Founded | 2021 |
| Founders | Daniel Volz, Enrique Solano, Tobias Grab |
| Funding Amount | €13.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | HV Capital, Quantonation, First Momentum Ventures, Entrada Ventures, DeepTech & Climate Fonds |
INERATEC builds modular chemical plants that produce carbon-neutral e-fuels and other synthetic materials. Their technology provides a scalable way for industries like aviation and shipping to replace fossil fuels with sustainable alternatives.
| Year Founded | 2014 |
| Founders | Paolo Piermartini, Philipp Engelkamp, Tim Böltken |
| Funding Amount | €208M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Grant |
| Top Investors | European Investment Bank, HTGF (High-Tech Gruenderfonds), TDK Ventures, Breakthrough Energy Ventures, Piva Capital |
Dealfront builds a go-to-market platform that provides data, applications, and insights for sales and marketing teams. Their software helps B2B companies identify target customers and generate more qualified leads.
| Year Founded | 2011 |
| Founders | Bastian Karweg |
| Funding Amount | €30M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | AshGrove Capital |
Workwise builds a digital recruiting platform that helps companies find and hire suitable candidates. Their tools are designed to boost an employer's brand and streamline the entire hiring process.
| Year Founded | 2013 |
| Founders | Jannik Keller, Martin Trenkle |
| Funding Amount | €12M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Armira, LEA Partners |
Octomind is building a developer tool that uses AI to automate end-to-end testing. Their platform generates and maintains tests automatically, helping engineering teams release more stable software at a faster pace.
| Year Founded | 2023 |
| Founders | Daniel Roedler, Marc Mengler |
| Funding Amount | €4.5M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Cherry Ventures, Charlie Songhurst, Lutz Finger, Sean Mullaney |
ILOS Projects develops, builds, and operates large-scale solar projects across Europe and Latin America. As an Independent Power Producer, the company manages the entire value chain from initial development to the long-term operation of its solar parks.
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | $351.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | EIG Global Energy Partners(EIG), Bayern LB |
askui develops a test automation platform that understands user interfaces on a human level, allowing it to control any application on any operating system. Their human-like approach to automation enables developers and QA teams to test any application, regardless of the underlying technology.
| Year Founded | 2021 |
| Founders | Dominik Klotz, Jonas Menesklou |
| Funding Amount | €6.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | 468 Capital, Seedcamp, APX, Eurazeo, LEA Partners |
Gixel develops breakthrough microLED display technology for AI glasses and spatial computing. This advanced hardware provides the ultra-high brightness and efficiency needed to build lightweight AR devices for all-day use.
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | €5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | LEA Partners, SPRIN-D, Daniel Krauss, Jochen Engert, Andre Schwammlein |
Enabl creates retrofit kits that transform standard industrial trucks into autonomous vehicles. This technology helps logistics and manufacturing companies automate their existing forklift fleets simply and flexibly.
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | €3.2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Pre-Seed |
| Top Investors | Rethink Ventures, LEA Partners, another.vc |
Chrono24 operates the world's leading online marketplace for luxury watches. Their platform connects watch enthusiasts with thousands of professional dealers and private sellers from over 100 countries.
| Year Founded | 2003 |
| Founders | Dirk Schwartz, Michael Krkoska, Tim Stracke |
| Funding Amount | €180M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | General Atlantic, Insight Partners, FJ Labs, Global Founders Capital, Sprints |
40 Additional Karlsruhe Startups Worth Following
Those top 10 companies are just a small part of the story in Karlsruhe. Founders are working on everything from AI to advanced manufacturing, and together they have raised well over €150 million.
Some are early in their journey and others are scaling fast. Below is a look at the other startups shaping the city's tech ecosystem.