By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Bridge to New Markets.

Startup Report 2018 presented: Successful funding year for Austrian startups

Florian Kandler © Florian Kandler

This was clearly shown by the “Startup Report Austria 2018” issued annually by GetFunding.how, which analyzes Austrian funding activities in a detailed year-on-year comparison. The assessment is carried out by the serial entrepreneur and startup expert Florian Kandler. “There were more deals in 2018 than ever before”, Kandler stated. The top ten startups benefitted from more investments than all startups in the year 2017 combined. According to Kandler’s Startup Report, a total of EUR 133 million was invested in domestic startups in 2017. This amount significantly increased in 2018 to EUR 238 million. On balance, a total of 101 financing rounds of at least EUR 250,000 each took place. The eleven largest rounds of financing generated about EUR 145 million.

In particular, investments in the Viennese travel startup Tourradar of EUR 42.5 million contributed to this increase. The second largest financing round was for the Carinthian video streaming startup Bitmovin, which generated EUR 24.4 million in funding. The number of deals in the EUR 1-2 million range also rose. This is considered to be particularly difficult, because this amount is frequently too large for business angels and too small for venture capital companies.

Read more about potential financing for startups 

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • CEU Executive MBA - Vienna On-Site & Online Open Day

    11.03.2021/ 06:00pm (CET), Vienna, Online

  • ABA's Open Day 2021: Austria - Your ICT and Innovation Hub in the Heart of Europe

    11 March 2021/ 09.00am + 05.00 pm, Online Conference

Austria Map

Find the perfect location for your company

The new Amazon distribution center in Großebersdorf is our first logistics site in Austria It will enable us to create additional and more flexible delivery capacities for the benefit of customers. We feel that we are in good hands, also thanks to the support of ABA – Invest in Austria.

Amazon

amazon.de
More testimonials

news from the business location Austria

OMV and Kommunalkredit invest in the production of green hydrogen

The Austrian oil and gas company OMV and Kommunalkredit Austria AG (Kommunalkredit) have announced a joint investment in the construction of Austria’s largest electrolysis plant to be located in the OMV Schwechat Refinery.

5G Technology – boosting post-COVID economy in Austria

The worldwide experience from the first 5G FWA implementations replacing in difficult areas the costly construction of cable networks in such conditions is urgently observed in many regions of the world, also in Europe, where service providers count on their implementation.

More news All blog posts