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Germany's state of Sachsen features a varied startup environment centered in cities like Dresden and Chemnitz. The local ecosystem includes companies in enterprise software, automotive technology, and artificial intelligence.
Enterprise communications platform Staffbase has raised over $305 million in funding. In the automotive space, JOYNEXT has secured over one billion yuan from investors.
Below is our list of 54 Sachsen 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 $50Staffbase builds an internal communications platform designed to help companies connect with their employees. Their main product, the Staffbase Communications Cloud, provides a central hub for creating, sending, and measuring the impact of employee-facing content.
Volkswagen designs and manufactures a vast portfolio of passenger cars, including some of the most iconic models in automotive history. In recent years, they have become a major force in the transition to electric mobility, launching a dedicated family of EVs and pushing forward with autonomous driving technologies.
Using the power of bacteria and green chemistry, BIOWEG produces biodegradable ingredients designed to replace microplastics. These novel materials are used across the cosmetics, food, and agricultural industries to create more sustainable consumer products.
PowerCo, the Volkswagen Group's battery company, develops and produces unified battery cells for the electric mobility market. The company is building cell factories globally with the goal of establishing a sustainable, closed-loop value chain for battery production.
enaDyne is creating advanced non-thermal plasma catalysis reactors designed to tackle carbon emissions. Their technology recycles CO2, transforming it into valuable green chemicals and sustainable eFuels.
Qcells develops and manufactures a range of photovoltaic products, from high-performance solar cells and modules to complete energy storage systems. Their technology powers residential, commercial, and utility-scale solar solutions.
StratifAI develops next-generation biomarkers to advance cancer diagnostics in precision oncology. Their work is powered by Polaris™, a multimodal AI platform designed to create more accurate diagnostic tools.
SpiNNcloud builds specialized hardware that mimics the parallel and real-time computing capabilities of the human brain. Their systems are designed to tackle complex, large-scale simulations and demanding AI workloads.
SEMRON develops 3D AI inference chips based on a new type of semiconductor device. Their technology is designed to bring the processing power of large AI models to small, power-efficient electronics.
JOYNEXT develops software and hardware for the automotive industry, creating intelligent systems that enhance the in-vehicle experience. Their products focus on advanced infotainment and connectivity platforms to power modern cars.
The top 10 are just a small slice of what’s happening in Sachsen. Founders are building everything from new hardware to energy solutions, and together have raised over a billion euros.
Some are just getting started, while others are well on their way to becoming major players. Here’s a look at the rest of the startups shaping the region's ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Biotech | 2022 | €23.6M | Seed | |
| Mobility | 2019 | €5.5M | Series A | |
| Hardware | 2016 | $25.4M | Grant | |
| Energy | 2010 | €918M | Series E | |
| Hardware | 2020 | $10.7M | Venture Round | |
| Hardware | 2021 | $30M | Grant | |
| Biotech | 2017 | $10M | Seed | |
| Communications | 1965 | $1.3M | Grant | |
| Hardware | 2017 | $5.2M | — | |
| Media | 2020 | €15.8M | Grant | |
| Media | 2015 | €3.2M | Seed | |
| Data | 2017 | €10.3M | Seed | |
| Healthcare | 2021 | €5M | Series A | |
| Energy | 2021 | €3.3M | Seed | |
| Energy | 2006 | PLN210.5M | Debt Financing | |
| Hardware | 2024 | €3M | Seed | |
| Mobility | 2016 | €8.8M | Convertible Note | |
| Design | 2017 | $122.2M | Series C | |
| Manufacturing | 2019 | €1.8M | — | |
| Manufacturing | 2018 | €8M | Seed | |
| Environment | 2021 | €1.2M | Pre-Seed | |
| Energy | 2006 | $168M | Series D | |
| Fintech | 2020 | €625k | Pre-Seed | |
| Media | 2013 | €2.4M | Seed | |
| Infrastructure | 2020 | €2.6M | Venture Round | |
| Enterprise | 2021 | €800k | Pre-Seed | |
| Biotech | 2016 | €17.7M | Series A | |
| Enterprise | 2018 | €140k | — | |
| Cloud | 2011 | €15.2M | Series B | |
| AgTech | 2012 | €2.4M | Venture Round | |
| Manufacturing | 2018 | $250k | Initial Coin Offering | |
| Retail | — | — | — | |
| Environment | 1991 | — | — | |
| Mobility | 2002 | — | Private Equity | |
| Analytics | 2008 | — | Series C | |
| Marketing | 2000 | — | — | |
| AgTech | — | $4.2k | Grant | |
| SaaS | 2001 | — | — | |
| SaaS | 2002 | — | — | |
| Enterprise | 1995 | — | — | |
| Energy | 1996 | — | — | |
| Manufacturing | 2017 | — | Venture Round | |
| Automation | 1993 | — | Undisclosed | |
| AgTech | 2018 | — | Seed | |
| Retail | 1990 | — | — | |
| Fintech | 1991 | — | — | |
| Media | 2010 | €25k | Seed | |
| Biotech | 2017 | — | Seed | |
| Logistics | 2020 | — | Pre-Seed | |
| Media | 2011 | — | — | |
| Hardware | 2021 | — | Pre-Seed | |
| Hardware | 2022 | — | Seed |
