The top 10 startups of a new generation of industrial tech companies in Germany have raised more than $1 Billion in capital:
- Agile Robots
- KONUX
- KINEXON
- Wandelbots
- NavVis
- NEURA Robotics
- emnify
- TWAICE
- SimScale
- HiveMQ
Much of the innovation is centered around software; half of the top 10 as a stand-alone play and the others leveraging software to innovate in IIoT and robotics.
Nine of the top 10 are founder led, seven of the top 10 are in or around Munich, and 3 of the top 10 were founded in 2012; the last in 2019.
Seed rounds were funded locally; growth capital comes from international investors
And the next ten candidates have already been funded to the tune of $400 Million.
All of this is discussed in more detail 👉 on slideshare 👈
This article was first published on LinkedIn on July 13, 2023
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