Startups in Vienna: ecosystem, companies and strengths
The DACH ecosystem's heart: Speedinvest transformed Vienna into Central Europe's main VC hub, with unicorns like Bitpanda and GoStudent.
Why Vienna matters in the European startup ecosystem
Vienna is Austria's leading startup hub and one of the most dynamic in Central and Eastern Europe. With nearly 600 VC-backed startups, the city has produced unicorns like Bitpanda (crypto/fintech), GoStudent (edtech) and Tricentis (software testing). The combination of competitive costs relative to Berlin and Zurich, a top-tier technical university (TU Wien) and strong Central Austrian entrepreneurial culture make it a natural hub for fintech, edtech and enterprise SaaS targeting CEE markets. Vienna is also the preferred gateway for startups looking to expand into Germany or Eastern European countries.
Why it works
- Very strong geographic positioning
- Good balance between public and private
- Orderly and credible growth
Historical growth
Vienna gained density especially after 2018, becoming a more autonomous DACH hub. The city works well as a bridge between the German-speaking area and Central and Eastern Europe.
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Prewave
Austrian startup using AI to analyze news, social media, and open data to identify supply chain risks early, h
REPS
REPS turns road traffic into electricity by harvesting mechanical energy from moving vehicles.
Synaps
AI canvas for architects: design, visualization, collaboration and presentation in one generative platform.
Strengths of Vienna
- Natural bridge between DACH and CEE
- Good scientific base
- High quality of life
- Seed is credible and well orchestrated. Growth stages remain less deep than Berlin or Munich and almost always require foreign funds.
- Finance, real estate, energy and DACH corporates support demand. Vienna is particularly useful as a commercial base for Austria, Southern Germany and CEE.
Weaknesses and limitations
- Small domestic market
- Less capital than major German hubs
- Risk of best startups emigrating
Key startups in Vienna
ARTI - Autonomous Robot Technology GmbH
ARTI develops hardware-independent software autonomy modules that enable rapid integration of robotics into industrial and commercial environments.
Alpine Quantum Technologies
Alpine Quantum Technologies develops advanced quantum computing solutions and quantum processors.
Apex.AI, Inc.
Accelerating the transition to modern software development for autonomous systems and robotics applications.
BHS Technologies GmbH
Medical technology company developing advanced surgical visualisation tools that free surgeons from fixed postures and limited perspectives.
BMCP Consulting GmbH
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Beyond Gravity Austria GmbH
RUAG develops valuable innovations and cutting-edge technologies sought after internationally in the aerospace and defense sectors.
Biognosys AG
Global leader in proteomics and bioanalytical solutions for life sciences and drug discovery.
Bitpanda
Austrian investment platform for crypto, stocks and metals: 7M+ users, $4.1B valuation, profitable in 2024 with MiCAR license across Europe.
C SEED Entertainment Systems GmbH
C SEED produces retractable luxury televisions and speakers for premium entertainment.
CISC Semiconductor GmbH
Semiconductor security IP company whose technology and expertise help leading companies develop products compliant with the latest safety and security standards.
Cutanos GmbH
Targeted cell delivery system for dermatology and medical therapeutic applications.
DealMatrix GmbH
Private market valuation intelligence platform providing EV/Sales and EV/EBITDA multiples customised by sector, stage, and region.
Delacon Biotechnik GmbH
Leading global expert in phytogenic feed additives, developing plant-based solutions for sustainable and effective animal nutrition.
Dimetor GmbH
Analytics. Monetization. Security. Defense.
Elastic-Simulations GmbH
Cloud simulation platform delivering CFD, FEA, and thermal analysis capabilities for engineering teams without the need for dedicated HPC infrastructure.
Energy Changes Projektentwicklung GmbH
Consulting and development for renewable energy projects and sustainable energy transformation initiatives.
European Forum Alpbach (EFA)
The European Forum Alpbach brings together young people from Europe and around the world with the most innovative minds in politics, economics,...
EveliQure Biotechnologies
EveliQure Biotechnologies develops advanced biotechnology diagnostic solutions.
FCC Austria GmbH
FCC Austria provides comprehensive waste management and environmental solutions.
FL3XX GmbH
Aviation management software that simplifies flight planning, crew coordination, and fleet management with full regulatory compliance.
FRAISS IT GmbH
FRAISS IT provides IT strategy, coordination, and implementation services.
FRAMO GmbH
With FRAMO GmbH, you have a partner when it comes to electric mobility with power. Discover the advantages of eTrucks for your sector now.
Floodlight Software GmbH
Transforming satellite data into intelligence for environmental monitoring and urban analysis.
Flowmon Networks a.s.
Network monitoring and security company using high-performance traffic analysis and behavioural analytics to help enterprises manage and protect their networks.
FreyZein FlexCo
Austrian materials science company pioneering high-performance natural materials free from petrochemicals, inspired by nature's structural principles.
GeoVille Informationssysteme und Datenverarbeitung GmbH
Internationally recognised provider of innovative satellite Earth observation services for environmental monitoring, land use analysis, and geospatial intelligence.
GoStudent
GoStudent, founded in Vienna in 2016, offers personalized online tutoring lessons. It has over 40,000 teachers and reaches students in 24 countries with 1.5 million monthly sessions. In 2021 it reached unicorn status ($3 billion valuation) and grew rapidly.
HeiQ AeoniQ GmbH
Material innovation leader creating some of the most effective, durable, and high-performance textile and material effects available on the market.
Humanizing Technologies GmbH Austria
Discover how interactive avatars for self-service enhance the user experience while simultaneously reducing the workload of your employees.
Innophore GmbH
Computational biology platform for protein and drug discovery, accelerating the development of next-generation therapeutics.
Insort GmbH
Insort develops innovative, sustainable sorting technologies for food quality and safety, using optical sensors and AI to detect contaminants in real time.
Internorm International GmbH
Austrian window and door manufacturer producing premium, high-energy-efficiency, and secure window systems — 100% made in Austria.
KML Vision GmbH
AI-powered image analysis software for microscopy, enabling automated analysis workflows with rich functionality and an intuitive interface.
Kilobaser GmbH
Internal synthesis of DNA and RNA with the Kilobaser DNA and RNA synthesizer for quicker access to molecular tools. Produce ready-to-use modified oligos on demand!
Kiska GmbH
Brand and design consultancy driving business growth and transformation for global companies through strategic design and brand identity.
Krajete GmbH
Provider of NOx control and reduction systems that convert harmful emissions into valuable resources, supporting industrial sustainability goals.
LETO SPACE GmbH
LETO SPACE GmbH develops advanced space technologies and solutions for satellite and space exploration.
LanzaTech, Inc.
We at LanzaTech transform waste carbon into new beginnings.
Lympik GmbH
All-in-one alpine ski timing platform combining GPS speed tracking, synchronised video analysis, and competition timing — an alternative to Brower Timing and Dartfish.
MeltPrep GmbH
Hot-melt extrusion screening technology using MeltPrep VCM for rapid, material-efficient testing of thermoplastic formulations in pharmaceutical development.
MiCROTEC GmbH
World's most trusted scanning and optimisation solutions provider for the sawmill and wood processing industry, setting standards since 1980.
MicroTau Pty Ltd
MAKO FlightFilm is a drag-reducing surface coating that improves fuel efficiency and cuts emissions for commercial airlines.
Moldsonics GmbH
We at Moldsonics support you with cutting-edge process sensors to optimize processes and increase productivity. Contact us!
NativeWaves AG
Offer your viewers personalized and engaging event viewing experiences and explore new opportunities to monetize your content.
NiMBUC Geoscience OG
Storage Oil & Gas Geothermal Your independent partner for your reservoir data Our experience Over 60 years of experience worldwide with more than 200 projects in various structural and stratigraphic contexts.
Novogenia GmbH
Genetic testing partner providing innovative DNA analysis services for health, prevention, and wellness to professionals and their clients.
Nutshell Quantum-Safe GmbH
Post-quantum cryptography software company delivering quantum-safe security solutions to protect data and communications in the post-quantum era.
OIKOPLUS GmbH
Oikoplus supports research and innovation projects by promoting effective communication, dissemination, and sustainable exploitation strategies.
ONDEWO GmbH
On-premise call centre AI platform supporting agents with AI services and automating inbound and outbound phone interactions at scale.
Optimuse GmbH
With Optimuse, discover how to efficiently analyze your buildings, reduce construction and operating costs, and quickly optimize projects.
Orbital Oracle Technologies GmbH
Satellite intelligence company providing advanced thermal monitoring from space to protect forests, ecosystems, communities, and critical infrastructure.
Ouster, Inc.
Digital lidar sensor manufacturer enabling autonomy in vehicles, robotics, and smart cities with high-resolution, long-range sensing technology.
Polycular GmbH
XR and immersive learning studio that makes complex topics engaging through interactive, gamified educational experiences.
Polycular e.U.
XR and immersive learning studio that makes complex topics engaging through interactive, gamified educational experiences.
Prewave
Austrian startup using AI to analyze news, social media, and open data to identify supply chain risks early, helping companies prevent operational disruptions.
QWB Lab FlexCo
QWB Lab FlexCo conducts advanced research in quantum computing and quantum technologies.
REPS
Tyrol-based startup developing a patented road energy harvesting system that converts vehicle pressure, vibration and motion into electricity.
Refurbed
Refurbed, founded in Vienna in 2017, runs a European marketplace for refurbished products. It offers smartphones, laptops, appliances and more, all with at least 12 months' warranty, at discounted prices. It has 4 million customers in 12 countries and has raised over €200M (including a €50M round in 2025).
Robo Technologies GmbH
Become creative with technology and solve real-life problems, in class or at home. For children aged 5 to 14. Order now.
Schmoll Maschinen GmbH
Schmoll Maschinen GmbH manufactures innovative industrial machinery and systems.
SimVenture GmbH
SimVenture GmbH provides business simulation and entrepreneurship training platforms.
Software Quality Lab GmbH
Software Quality Lab GmbH provides software testing and quality assurance solutions.
Sony Depthsensing Solutions SA
Belgian technology company, part of Sony, developing advanced depth-sensing solutions including ToF sensors for industrial, automotive, and consumer applications.
Stirtec GmbH
Comprehensive friction stir welding solutions provider, covering design, qualification, prototyping, training, and technical support.
Strykerlabs GmbH
Data-driven decision support platform helping football clubs improve performance analysis and scouting with innovative insights and analytics.
Synaps
Synaps is an Austrian startup bringing generative AI to architecture. Its canvas platform lets architects and designers design, visualize, collaborate and present in a single environment, aiming to challenge traditional tools like AutoCAD.
Synthetic Dimension GmbH
Scan rooms with iPhone or iPad to generate accurate 2D floor plans and 3D models in minutes, with export to CAD/BIM formats — no laser scanner required.
Tricentis
Tricentis, founded in 2007 in Vienna, offers SaaS solutions for software test automation. It is recognized as an industry leader (Gartner Magic Quadrant) and serves large global enterprises. In 2023 it went public in New York after a $165M round in 2017.
UFGC GmbH
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VRULL GmbH
Compiler, simulator, and software ecosystem company transforming next-generation silicon designs into productive, real-world computing environments.
XARION Laser Acoustics GmbH
XARION Laser Acoustics offers the world's first laser-based acoustic sensor for ultrasonic testing.
XUND Solutions GmbH
Answer the most important health questions of your target audience with XUND's AI-based technology.
Xendee Corporation
Award-winning microgrid decision support platform for certifying resilience and bankability of distributed energy systems.
atmoky GmbH
Spatial audio technology company enabling immersive sound experiences that make people feel truly connected and present in virtual environments.
byrd technologies GmbH
E-commerce fulfilment network providing reliable, efficient order fulfilment across an international partner network.
chatlyn GmbH
AI-powered automated guest engagement platform connecting hotels with guests through their preferred communication channels.
datavisyn GmbH
datavisyn develops web-based data visualization solutions for the pharmaceutical industry and biomedical research and development.
decide Clinical Software GmbH
GlucoTab is an intelligent blood glucose management system for hospital use, improving glycaemic control and clinical workflow efficiency.
enGenes Biotech GmbH
enGenes Biotech GmbH develops innovative biotechnology solutions for healthcare.
greenteg AG
Sensor technology company supplying precision heat flux and temperature sensors to researchers and industry for energy efficiency, safety, and innovation.
iba Austria GmbH
The International Business Accelerator enables companies to expand globally with expert strategies and market entry guidance. Learn more!
inoqo GmbH
Sustainability intelligence platform for retail, helping consumers and businesses understand and reduce the environmental impact of food choices.
istari.ai UG
Market intelligence platform providing verified company data on 40 million entities worldwide, delivering traceable insights 10x faster than traditional analysts.
meshmakers GmbH
OctoMesh transforms complex data landscapes into an intelligent data mesh architecture that structures, connects, and activates enterprise information at scale.
myAbility Social Enterprise GmbH
Management consultancy specialising in disability inclusion, helping companies unlock the talent and customer potential of people with disabilities.
seasonax GmbH
seasonax GmbH provides seasonal analytics and forecasting solutions.
semify GmbH
semify GmbH develops semantic analysis and intelligent search solutions.
subdron GmbH
Subdron transforms the seabed from a blind spot into a monitored domain.
taurob GmbH
Developer of autonomous inspection and operational robots for hazardous industrial environments, including oil & gas, nuclear, and emergency response.
trinitec IT Solutions & Consulting GmbH
trinitec: your expert in software for digital sales, digitization, and the integration of your business processes.
tubics GmbH
Leading YouTube agency in the German-speaking market, combining certified YouTube experts, AI tools, and data-driven strategies to grow brand channels.
waterdrop
waterdrop, founded in Vienna in 2015, offers soluble cubes made from fruit and plants to add to water for flavor and vitamins. The company sells online in 13 countries and has grown rapidly through direct marketing, reaching hundreds of millions of euros in revenue.
youspi Consulting GmbH
Consulting firm specialising in holistic UX, CX, and usability support, helping clients deliver exceptional digital and physical experiences.
zerothird GmbH
Integrated quantum key distribution system based on polarisation-entangled photon pairs, optimised for inter-city distances of approximately 10 km.
VCs, accelerators and key players
Key VC funds
Accelerators
Hubs & campuses
Key universities
Public support
Key sectors in Vienna
What we can learn
- Mid-size markets can win if they become regional platforms
- Public measures work better when integrated with active funds