The document provides an overview of the top funded business models in Germany over the last year based on a report from Tracxn Technologies. It lists the 50 top business models ranging from process mining ($1B funded) to small satellite launch vehicles ($75M funded). For each model it provides the total funding, number of funding rounds, and details of the top funding round such as the company, amount, and series. The document also includes one page profiles for some of the top funded companies.

1. TRACXN TOP BUSINESS MODELS REPORT
January 24, 2022
GERMANY TECH

2. Germany Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
GermanyGermany Tech Funding -
Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Germany Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Funding in last 1 year
3
Online Grocery $3.1B
E-Commerce Enablers $2.2B
Banking Tech $1.6B
Electric Vehicles $1.4B
Investment Tech $1.4B
Business Process Management
Software
$1.1B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
HTGF
Earlybird Venture Capital
Seedandspeed
19
8
7
Early
Stage
HV Capital
HTGF
Redalpine
17
14
11
Late
Stage
Insight Partners
HV Capital
Btov
6
5
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Celonis
(2011, Munich)
$1.0B - Series D
Gorillas
(2018, Berlin)
$950M - Series C
Trade Republic
(2015, Berlin)
$900M - Series C
N26
(2013, Berlin)
$900M - Series E
IONITY
(2017, Munich)
$791M - Series B
Flink
(2014, Berlin)
$750M - Series B
Picnic
(2015, Dusseldorf)
$709M - Series D
Berlin Brands Group
(2005, Berlin)
$700M - Series D
Wefox
(2015, Berlin)
$650M - Series C
FlixBus
(2013, Munich)
$650M - Series G
SellerX
(2020, Meerbusch)
$500M - Series B
Gorillas
(2018, Berlin)
$290M - Series B
Berlin (55%)
Munich (23%)
Dusseldorf (4%)
Meerbusch (3%)
Hamburg (2%)
Others (12%)

4. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Germany Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1-- Process Mining $1.0B 1 Celonis | $1.0B | Series D Link
2▲13 Digital Native Banks $936M 2 N26 | $900M | Series E Link
3-- Electric Vehicle Charging Network Operators $812M 2 IONITY | $791M | Series B Link
4▲15 Internet-First Property and Casualty Insurers $656M 2 Wefox | $650M | Series C Link
5-- Bus Aggregators $650M 1 FlixBus | $650M | Series G Link
6▲14 Insurance Agency Management $650M 1 Wefox | $650M | Series C Link
7▼6 Drugs for Multiple Cancer Types $351M 5 T-Knife | $110M | Series B Link
8▲55 Residential Solar as a Service $292M 2 Enpal | $174M | Series C Link
9▼1 HRMS for SMBs $270M 1 Personio | $270M | Series E Link
10▲3 Core Banking Platforms $266M 1 Mambu | $266M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Germany Tech - Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▼7 Non Hybrid Flying Cars $241M 1 Volocopter | $241M | Series D Link
12▼7 eVTOL Manufacturers $241M 1 Volocopter | $241M | Series D Link
13▲21 Tech First Freight Forwarder $240M 1 Forto | $240M | Series C Link
14▲15 Banking as a Service Platforms $224M 1 Solarisbank | $224M | Series D Link
15▼5 Hydroponics Farming $200M 1 INFARM | $200M | Series D Link
16▼10 Free Float Electric Kick Scooter Rentals $200M 1 TIER | $200M | Series D Link
17▲8 Digital Experience Management $175M 1 Contentful | $175M | Series F Link
18▲8 E-Commerce Website Optimization Solutions $175M 1 Contentful | $175M | Series F Link
19▼7 Cheminformatics Software $157M 1 ATAI | $157M | Series D Link
20-- Marketplace for Consultants $151M 1 Atheneum | $151M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Germany Tech - Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲57 Virtual Classroom Solutions $148M 3 Class | $105M | Series B Link
22-- CPG Brands E-Commerce Software Suite $140M 1 Commercetools | $140M | Series C Link
23-- Genomics Based Theranostics $139M 2 ITM | $109M | Series D Link
24-- Cancer Precision Medicine Diagnostic Tests $139M 2 ITM | $109M | Series D Link
25-- Radioisotopes for Imaging $139M 2 ITM | $109M | Series D Link
26-- Nuclear Imaging Radioisotopes $139M 2 ITM | $109M | Series D Link
27-- Criminal Intelligence and Analytics Tools $126M 2 Helsing | $116M | Series A Link
28-- Local Marketing $115M 1 Uberall | $115M | Series C Link
29▲24 Virtual Credit Cards $115M 2 Moss | $85.3M | Series B Link
30-- Shipment Tracking $112M 1 Parcellab | $112M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Germany Tech - Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲108 Workflow Automation $110M 2 Camunda | $97.6M | Series B Link
32▲8 B2B Processed Food Products Marketplace $107M 2 Choco | $100M | Series B Link
33-- Symptom Tracking Solutions $104M 3 Ada | $90.5M | Series B Link
34▲37 Low Code Development Platforms $103M 4 BRYTER | $66.0M | Series B Link
35▲6 B2B Grocery Marketplace $100M 1 Choco | $100M | Series B Link
36-- Business Process Management System $97.6M 1 Camunda | $97.6M | Series B Link
37▼2 Ultracapacitors $95.4M 3 Skeleton Tech | $61.0M | Series D Link
38-- Online Fitness Centers Pass Subscription $95.4M 1 Urban Sports.. | $95.4M | Series B Link
39-- Autonomous Vehicles Teleoperation $95.0M 1 Vay | $95.0M | Series B Link
40-- Electric Car Manufacturers $93.5M 2 e.GO Mobile | $57.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Germany Tech - Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Tech Enabled Office Managers $90.7M 1 Lendis | $90.7M | Series A Link
42▲33
Internet First Retail Banks with Partner Bank's
License
$89.5M 3 Vivid | $73.0M | Series B Link
43▲4 Digital Therapeutics for Physiotherapy $85.6M 2 Kaia Health | $75.0M | Series C Link
44-- Presentation Tools $85.0M 1 Pitch | $85.0M | Series B Link
45▼34 Tech First Truck Freight Forwarder $80.0M 2 sennder | $80.0M | Series D Link
46▼44 RNA Interference Platforms $75.2M 1 Cardior Phar.. | $75.2M | Series B Link
47-- Diversified $75.2M 1 Cardior Phar.. | $75.2M | Series B Link
48▼30 Small Satellite Launch Vehicles $75.0M 1 Isar Aerospa.. | $75.0M | Series B Link
49▲19 ERP for SMBs $75.0M 1 Xentral | $75.0M | Series B Link
50▲36 Digital Twin in Automotive Industry $73.6M 2 Twinner | $47.6M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Process Mining - Germany
01
9
Back to index
Business Process Management Software (Signavio)
(# Cos: 100 | $1.8B)
Process Mining (Celonis)
(# Cos: 4 | $1.4B)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$1.0B ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.4B
3
-
4
1
Celonis
(2011, Munich, $1.4B)
PAFnow
(2014, Darmstadt)
kyp.ai
(2018, Hamburg)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Celonis (2011, Munich)
$1.0B - Series D - Jun 2021

10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Digital Native Banks - Germany
02
10
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$936M (▲832%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.7B
3
-
4
1
Banking Tech (IDnow)
(# Cos: 162 | $3.5B)
Internet First Banks (Kontist)
(# Cos: 27 | $2.0B)
Digital Native Banks (Fidor Bank)
(# Cos: 6 | $1.7B)
Diversified (N26)
(# Cos: 4 | $1.7B)
N26
(2013, Berlin, $1.7B)
Fidor Bank
(2003, Munich, $15.1M)
Sparkasse Rhein-Nahe
(2000, Bad Kreuznach)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
N26 (2013, Berlin)
$900M - Series E - Oct 2021
N26 (2013, Berlin)
$36.2M - Series D - Mar 2021

11. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicle Charging Network
Operators - Germany
03
11
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$812M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$817M
8
-
25
1
Energy Storage Tech (Sunfire)
(# Cos: 238 | $1.6B)
Charging (Ubitricity)
(# Cos: 105 | $865M)
Station Network (Ampersand)
(# Cos: 46 | $821M)
Charging (Hubject)
(# Cos: 42 | $817M)
Operators (Wirelane)
(# Cos: 25 | $817M)
Electric Vehicle (IONITY)
(# Cos: 25 | $817M)
IONITY
(2017, Munich, $791M)
Wirelane
(2017, Munich, $25.7M)
E-WALD
(2012, Teisnach)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
IONITY (2017, Munich)
$791M - Series B - Oct 2021
Wirelane (2017, Munich)
$21.2M - Series B - Aug 2021

12. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Internet-First Property and Casualty
Insurers - Germany
04
12
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$656M (▲638%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.2B
8
-
8
4
Internet First Insurance Platforms (Clark)
(# Cos: 102 | $1.6B)
Internet First Insurers (Ottonova)
(# Cos: 44 | $1.5B)
P&C (Coya)
(# Cos: 22 | $1.2B)
Diversified (Wefox)
(# Cos: 8 | $1.2B)
Wefox
(2015, Berlin, $1.0B)
Coya
(2016, Berlin, $40.0M)
FRIDAY
(2017, Berlin, $128M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wefox (2015, Berlin)
$650M - Series C - Jun 2021
InsureQ (2020, Munich)
$6.0M - Seed - Apr 2021

13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Bus Aggregators - Germany
05
13
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$650M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.2B
1
-
1
1
Online Travel (GetYourGuide)
(# Cos: 655 | $3.3B)
Transportation (Omio)
(# Cos: 131 | $1.9B)
Bus (CheckMyBus)
(# Cos: 6 | $1.2B)
Aggregator (FlixBus)
(# Cos: 1 | $1.2B)
FlixBus
(2013, Munich, $1.2B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FlixBus (2013, Munich)
$650M - Series G - Jun 2021

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Insurance Agency Management -
Germany
06
14
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$650M (▲631%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.0B
2
-
6
1
Insurance IT (Element)
(# Cos: 73 | $1.3B)
Insurance Policy Solutions (Thinksurance)
(# Cos: 48 | $1.1B)
Software for Insurance Intermediaries
(Mobilversichert)
(# Cos: 9 | $1.0B)
Insurance Agency Management
(Wefox)
(# Cos: 6 | $1.0B)
Wefox
(2015, Berlin, $1.0B)
Mobilversichert
(2015, Munich)
BiPRO-BOX
(undefined, Stollberg)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wefox (2015, Berlin)
$650M - Series C - Jun 2021

15. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
T-Knife (2018, Berlin)
$110M - Series B - Aug 2021
Emergence Therapeu.. (2019, Duisburg)
$98.2M - Series A - Dec 2021
iOmx (2016, Munich)
$75.5M - Series B - Oct 2021
Abalos Therapeutics (2019, Essen)
$37.6M - Series A - Oct 2021
Apogenix (2005, Heidelberg)
$29.4M - Series B - Dec 2021
Drugs for Multiple Cancer Types -
Germany
07
15
Back to index
Oncology (Immatics)
(# Cos: 130 | $3.6B)
Drugs (CureVac)
(# Cos: 75 | $3.2B)
Diversified (BioNTech)
(# Cos: 64 | $3.2B)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$351M (▼55.6%)
5(▼37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$3.2B
44
12
64
5
BioNTech
(2008, Mainz, $806M)
CureVac
(2000, Tubingen, $975M)
Immatics
(2000, Tubingen, $236M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Residential Solar as a Service - Germany
08
16
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$292M (▲1173%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$360M
1
-
1
1
Solar Energy (BayWa re)
(# Cos: 745 | $731M)
Solar-as-a-service (aleo)
(# Cos: 33 | $360M)
Full-end Services (Yello)
(# Cos: 14 | $360M)
Residential (Enpal)
(# Cos: 1 | $360M)
Enpal
(2017, Berlin, $360M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Enpal (2017, Berlin)
$174M - Series C - Oct 2021
Enpal (2017, Berlin)
$118M - Series C - Jul 2021

17. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
HRMS for SMBs - Germany
09
17
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$270M (▲8%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$722M
7
-
17
3
HRTech (StepStone)
(# Cos: 962 | $1.6B)
HRMS (Localyze)
(# Cos: 79 | $740M)
Suite (HeavenHR)
(# Cos: 49 | $728M)
SMB (Personio)
(# Cos: 17 | $722M)
Personio
(2015, Munich, $525M)
Personio
(2015, Munich, $179M)
HeavenHR
(2015, Berlin, $18.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Personio (2015, Munich)
$270M - Series E - Oct 2021

18. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Core Banking Platforms - Germany
10
18
Back to index
Banking Tech (N26)
(# Cos: 162 | $3.5B)
Core Banking Platforms (Mambu)
(# Cos: 3 | $472M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$266M (▲96.2%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$472M
2
-
3
1
Mambu
(2011, Berlin, $446M)
Abaxx Technology
(1998, Stuttgart, $26.1M)
Frankfurt Banking
(2017, Frankfurt Am Main)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mambu (2011, Berlin)
$266M - Series E - Dec 2021

19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Non Hybrid Flying Cars - Germany
11
19
Back to index
Flying Cars (Lilium)
(# Cos: 9 | $764M)
Non Hybrid Vehicles (Volocopter)
(# Cos: 7 | $764M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$241M (▼23.4%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$764M
3
1
7
1
Volocopter
(2011, Bruchsal, $388M)
Lilium
(2015, Wessling, $375M)
Rotorvox
(2011, Horselgau, $608K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volocopter (2011, Bruchsal)
$241M - Series D - Mar 2021

20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
eVTOL Manufacturers - Germany
12
20
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$241M (▼23.4%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$763M
3
1
3
1
Electric Vehicles (TIER)
(# Cos: 488 | $2.8B)
Automaker (Sono Motors)
(# Cos: 187 | $1.0B)
Aerial (Lilium)
(# Cos: 14 | $763M)
Vertical Take-Off And Landing
(Volocopter)
(# Cos: 3 | $763M)
Volocopter
(2011, Bruchsal, $388M)
Lilium
(2015, Wessling, $375M)
HyLevio
(2020, Munich)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volocopter (2011, Bruchsal)
$241M - Series D - Mar 2021

21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Tech First Freight Forwarder - Germany
13
21
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$240M (▲380%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$360M
3
-
11
1
Logistics Tech (cargo.one)
(# Cos: 688 | $1.3B)
Freight (sennder)
(# Cos: 384 | $853M)
Multimodal (Pamyra)
(# Cos: 115 | $367M)
Tech First Freight Forwarder
(Forto)
(# Cos: 11 | $360M)
Forto
(2016, Berlin, $360M)
BoxTango
(2005, Ostrach)
Frachtraum
(2015, Berlin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Forto (2016, Berlin)
$240M - Series C - Jun 2021

22. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Banking as a Service Platforms -
Germany
14
22
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$224M (▲231%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$402M
1
-
2
1
Banking Tech (N26)
(# Cos: 162 | $3.5B)
Open Banking (OptioPay)
(# Cos: 28 | $674M)
Banking APIs (Deposit Solutions)
(# Cos: 12 | $641M)
With Banking License (Solarisbank)
(# Cos: 2 | $402M)
Solarisbank
(2016, Berlin, $402M)
solaris Digital Assets
(2019, Berlin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solarisbank (2016, Berlin)
$224M - Series D - Jul 2021

23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
INFARM (2013, Berlin)
$200M - Series D - Dec 2021
Hydroponics Farming - Germany
15
23
Back to index
Crop Tech (Plantix)
(# Cos: 245 | $582M)
Indoor Farming (&ever)
(# Cos: 11 | $500M)
Hydroponics (INFARM)
(# Cos: 5 | $500M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$200M (▲17.6%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$500M
1
-
5
1
INFARM
(2013, Berlin, $500M)
Alpine Hemp
(2014, Dusseldorf)
Steigerwald Arzneimitt..
(1951, Darmstadt)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Free Float Electric Kick Scooter Rentals -
Germany
16
24
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$200M (▼31.6%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$725M
4
-
6
1
Electric Vehicles (Volocopter)
(# Cos: 488 | $2.8B)
Vehicle as a Service (Dance)
(# Cos: 61 | $768M)
Kick Scooters (Circ)
(# Cos: 14 | $725M)
Free Float (TIER)
(# Cos: 6 | $725M)
TIER
(2018, Berlin, $660M)
Circ
(2018, Berlin, $62.6M)
ZEUS
(2019, Munich, $2.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TIER (2018, Berlin)
$200M - Series D - Oct 2021

25. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Digital Experience Management -
Germany
17
25
Back to index
Content Management System (CMS) (GraphCMS)
(# Cos: 76 | $354M)
Digital Experience Management (Contentful)
(# Cos: 6 | $341M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$175M (▲119%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$341M
5
-
6
1
Contentful
(2013, Berlin, $333M)
Styla
(2012, Berlin, $7.2M)
Censhare
(2001, Munich)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Contentful (2013, Berlin)
$175M - Series F - Jul 2021

26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
E-Commerce Website Optimization
Solutions - Germany
18
26
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$175M (▲119%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$333M
2
-
3
1
E-Commerce Enablers (Commercetools)
(# Cos: 313 | $3.0B)
Operations Management (Seven Senders)
(# Cos: 63 | $478M)
Website Management (AX Semantics)
(# Cos: 7 | $333M)
Website Optimization (Contentful)
(# Cos: 3 | $333M)
Contentful
(2013, Berlin, $333M)
CoreMedia
(1996, Hamburg)
Shopadvisors
(2015, Cologne)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Contentful (2013, Berlin)
$175M - Series F - Jul 2021

27. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Cheminformatics Software - Germany
19
27
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$157M (▲5.4%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$397M
6
1
13
0
Life Sciences Tech (ResearchGate)
(# Cos: 251 | $679M)
Research & Development (Siemens
Healthineers)
(# Cos: 217 | $676M)
Drug Discovery (Qiagen)
(# Cos: 56 | $426M)
Cheminformatics (ATAI)
(# Cos: 13 | $397M)
ATAI
(2018, Munich, $387M)
DyNAbind
(2017, Dresden)
BioSolveIT
(2001, Sankt Augustin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ATAI (2018, Munich)
$157M - Series D - Mar 2021

28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Atheneum (2010, Berlin)
$151M - Series D - Aug 2021
Marketplace for Consultants - Germany
20
28
Back to index
HRTech (Personio)
(# Cos: 962 | $1.6B)
Freelancer Marketplace (Clickworker)
(# Cos: 54 | $223M)
Expert Consulting (Atheneum)
(# Cos: 4 | $174M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$151M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$174M
2
-
4
1
Atheneum
(2010, Berlin, $174M)
Consultingheads
(2016, Cologne)
Skillpocket
(2014, Berlin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Class (1994, Hamburg)
$105M - Series B - Jul 2021
Class (1994, Hamburg)
$30.8M - Series A - Feb 2021
Class (1994, Hamburg)
$12.3M - Series A - Apr 2021
Virtual Classroom Solutions - Germany
21
29
Back to index
K-12 EdTech (Sofatutor)
(# Cos: 230 | $217M)
Tech for Teachers (PlagScan)
(# Cos: 36 | $164M)
Virtual Classroom (Class)
(# Cos: 4 | $164M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$148M (▲825%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$164M
1
-
4
0
Class
(1994, Hamburg, $164M)
DaDesktop
(undefined, Berlin)
LivePlace
(2014, Cologne)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
CPG Brands E-Commerce Software Suite
- Germany
22
30
Back to index
Brands Tech (Berlin Brands Group)
(# Cos: 42 | $2.2B)
ECommerce Software (Commercetools)
(# Cos: 7 | $295M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$140M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$295M
5
-
7
1
Commercetools
(2006, Munich, $285M)
Sellics
(2013, Berlin, $10.0M)
Channel Pilot
(2012, Hamburg)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Commercetools (2006, Munich)
$140M - Series C - Sep 2021

31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Genomics Based Theranostics - Germany
23
31
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$139M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$139M
1
-
1
1
Genomics (Qiagen)
(# Cos: 290 | $1.9B)
Applied Genomics (Centogene)
(# Cos: 101 | $686M)
Clinical Genomics (Curetis)
(# Cos: 70 | $677M)
Theranostics (ITM)
(# Cos: 1 | $139M)
ITM
(2004, Munich, $139M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ITM (2004, Munich)
$109M - Series D - Apr 2021
ITM (2004, Munich)
$30.5M - Series D - Jun 2021

32. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Cancer Precision Medicine Diagnostic
Tests - Germany
24
32
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$139M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$139M
1
-
1
1
Oncology (BioNTech)
(# Cos: 130 | $3.6B)
In-Vitro Diagnostic Tests (Epigenomics)
(# Cos: 40 | $465M)
Diversified (Molecular Health)
(# Cos: 21 | $443M)
Precision Medicine (ITM)
(# Cos: 1 | $139M)
ITM
(2004, Munich, $139M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ITM (2004, Munich)
$109M - Series D - Apr 2021
ITM (2004, Munich)
$30.5M - Series D - Jun 2021

33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
ITM (2004, Munich)
$109M - Series D - Apr 2021
ITM (2004, Munich)
$30.5M - Series D - Jun 2021
Radioisotopes for Imaging - Germany
25
33
Back to index
Imaging Diagnostics (Siemens Healthineers)
(# Cos: 65 | $168M)
Accessories (iThera Medical)
(# Cos: 11 | $157M)
Radioisotopes (ITM)
(# Cos: 3 | $157M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$139M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$157M
3
-
3
1
ITM
(2004, Munich, $139M)
iThera Medical
(2010, Munich, $10.4M)
OctreoPharm Sciences
(2009, Berlin, $7.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
ITM (2004, Munich)
$109M - Series D - Apr 2021
ITM (2004, Munich)
$30.5M - Series D - Jun 2021
Nuclear Imaging Radioisotopes -
Germany
26
34
Back to index
Life Sciences Platforms and Tools (Zeiss)
(# Cos: 566 | $872M)
Research Reagents and Kits (Qiagen)
(# Cos: 125 | $190M)
Radioisotopes (ITM)
(# Cos: 1 | $139M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$139M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$139M
1
-
1
1
ITM
(2004, Munich, $139M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Criminal Intelligence and Analytics Tools
- Germany
27
35
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$126M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$126M
1
-
2
1
GovTech (Civocracy)
(# Cos: 68 | $127M)
Public Service Delivery (Serinus)
(# Cos: 36 | $127M)
Public Safety Management (F24)
(# Cos: 24 | $127M)
Law Enforcement (EVISCAN)
(# Cos: 9 | $126M)
Crime Detection (Ekin)
(# Cos: 6 | $126M)
Criminal Intelligence and
Analytics (Helsing)
(# Cos: 2 | $126M)
Helsing
(2021, Munich, $126M)
Seajas
(2011, Haag)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Helsing (2021, Munich)
$116M - Series A - Nov 2021
Helsing (2021, Munich)
$9.8M - Angel - Oct 2021

36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Local Marketing - Germany
28
36
Back to index
MarketingTech (Adjust)
(# Cos: 721 | $811M)
Local Marketing (Uberall)
(# Cos: 6 | $149M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$115M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$149M
5
-
6
1
Uberall
(2013, Berlin, $140M)
WinLocal
(2007, Frankfurt Am Main, $3.5M)
RankingCoach
(2011, Cologne, $5.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Uberall (2013, Berlin)
$115M - Series C - Jun 2021

37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Virtual Credit Cards - Germany
29
37
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$115M (▲348%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$148M
1
-
1
1
Payments (Stocard)
(# Cos: 223 | $453M)
Consumer Payments (Sunhill Technologies)
(# Cos: 54 | $172M)
Payment Cards (Spendit)
(# Cos: 29 | $168M)
Credit Cards (InterCard)
(# Cos: 4 | $168M)
Corporate Cards (pliant)
(# Cos: 3 | $168M)
Virtual (Moss)
(# Cos: 1 | $148M)
Moss
(2019, Berlin, $148M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Moss (2019, Berlin)
$85.3M - Series B - Jan 2022
Moss (2019, Berlin)
$29.3M - Series A - Aug 2021

38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Shipment Tracking - Germany
30
38
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$112M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$112M
4
-
19
1
Logistics Tech (sennder)
(# Cos: 688 | $1.3B)
Ecommerce Logistics (everstox)
(# Cos: 91 | $239M)
Fulfillment Enablers (Seven Senders)
(# Cos: 36 | $176M)
Shipment Tracking (Parcellab)
(# Cos: 19 | $112M)
Parcellab
(2014, Munich, $112M)
is it fresh
(2017, Aachen)
Parcello
(2011, Berlin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Parcellab (2014, Munich)
$112M - Series C - May 2021

39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Workflow Automation - Germany
31
39
Back to index
Digital Transaction Management (Ninox)
(# Cos: 139 | $148M)
Workflow Automation (Camunda)
(# Cos: 22 | $145M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$110M (▲2500%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$145M
5
-
22
2
Camunda
(2013, Berlin, $126M)
Ninox
(2013, Berlin, $3.0M)
N8n
(2018, Berlin, $13.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Camunda (2013, Berlin)
$97.6M - Series B - Mar 2021
N8n (2018, Berlin)
$12.0M - Series A - Apr 2021

40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
B2B Processed Food Products
Marketplace - Germany
32
40
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$107M (▲255%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$179M
3
-
4
2
B2B E-Commerce (AUTO1.com)
(# Cos: 185 | $1.1B)
Food & Beverages (Vegshelf)
(# Cos: 11 | $187M)
Groceries (Hier app)
(# Cos: 11 | $187M)
Processed Products (kollex)
(# Cos: 6 | $179M)
Diversified (MagaLoop)
(# Cos: 6 | $179M)
Marketplace (Choco)
(# Cos: 4 | $179M)
Choco
(2018, Berlin, $172M)
MagaLoop
(2018, Berlin, $7.1M)
Vegshelf
(2018, Dusseldorf)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Choco (2018, Berlin)
$100M - Series B - Jul 2021
MagaLoop (2018, Berlin)
$7.1M - Series A - Mar 2021

41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Symptom Tracking Solutions - Germany
33
41
Back to index
Disease Self Management (Clue)
(# Cos: 437 | $301M)
Symptom Checkers (Ada)
(# Cos: 14 | $151M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$104M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$151M
4
-
14
1
Ada
(2011, Berlin, $150M)
Nori Health
(2017, Berlin, $670K)
Super Izzy
(2016, Berlin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ada (2011, Berlin)
$90.5M - Series B - May 2021
Ada (2011, Berlin)
$13.4M - Series B - Dec 2021
Nori Health (2017, Berlin)
Undisclosed - Seed - Dec 2021

42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
BRYTER (2018, Munich)
$66.0M - Series B - Apr 2021
smapOne (2014, Hannover)
$23.7M - Series B - Aug 2021
Rows (2016, Berlin)
$16.0M - Series B - Feb 2021
Softr (2019, Berlin)
$13.5M - Series A - Jan 2022
Low Code Development Platforms -
Germany
34
42
Back to index
Application Development Tools (dashdash)
(# Cos: 275 | $234M)
Code Development (Gitpod)
(# Cos: 111 | $192M)
Low Code Development Platforms
(Rows)
(# Cos: 63 | $175M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$103M (▲467%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$175M
12
-
63
5
Rows
(2016, Berlin, $25.0M)
dashdash
(2016, Berlin, $8.0M)
BRYTER
(2018, Munich, $90.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
B2B Grocery Marketplace - Germany
35
43
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$100M (▲231%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$172M
1
-
1
1
Online Grocery (HelloFresh)
(# Cos: 266 | $6.0B)
B2B Ecommerce (MagaLoop)
(# Cos: 12 | $179M)
Multi-Category (foodcircle)
(# Cos: 4 | $172M)
Marketplace (Choco)
(# Cos: 1 | $172M)
Choco
(2018, Berlin, $172M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Choco (2018, Berlin)
$100M - Series B - Jul 2021

44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Business Process Management System -
Germany
36
44
Back to index
Business Process Management Software (Celonis)
(# Cos: 100 | $1.8B)
BPM Suite (Camunda)
(# Cos: 46 | $126M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$97.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$126M
5
-
46
1
Camunda
(2013, Berlin, $126M)
Metasonic
(2004, Bayerbach)
OPTIMAL SYSTEMS
(2010, Berlin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Camunda (2013, Berlin)
$97.6M - Series B - Mar 2021

45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Ultracapacitors - Germany
37
45
Back to index
Energy Storage Tech (Sunfire)
(# Cos: 238 | $1.6B)
Ultracapacitor (Skeleton Tech)
(# Cos: 1 | $109M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$95.4M (▲96.8%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$109M
1
-
1
1
Skeleton Tech
(2009, Berlin, $109M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Skeleton Tech (2009, Berlin)
$61.0M - Series D - Mar 2021
Skeleton Tech (2009, Berlin)
$34.4M - Series D - Jul 2021
Skeleton Tech (2009, Berlin)
Undisclosed - Series D - Mar 2021

46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Online Fitness Centers Pass Subscription
- Germany
38
46
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$95.4M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$95.4M
2
-
7
1
Local Services (Helpling)
(# Cos: 236 | $563M)
Personal Wellness Services (Vaniday)
(# Cos: 38 | $115M)
Fitness & Training (Gymaniac)
(# Cos: 16 | $95.4M)
Fitness Centers (GymEntry)
(# Cos: 12 | $95.4M)
Marketplace (Fitfox)
(# Cos: 12 | $95.4M)
Subscription (Urban Sports Club)
(# Cos: 7 | $95.4M)
Urban Sports Club
(2012, Berlin, $95.4M)
Fitfox
(2013, Hamburg)
My Fitness Card
(2014, Munich)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Urban Sports Club (2012, Berlin)
$95.4M - Series B - Jun 2021

47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicles Teleoperation -
Germany
39
47
Back to index
Autonomous Vehicles (Silexica)
(# Cos: 65 | $249M)
Teleoperation (Vay)
(# Cos: 1 | $125M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$95.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$125M
1
-
1
1
Vay
(2018, Berlin, $125M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vay (2018, Berlin)
$95.0M - Series B - Dec 2021

48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
e.GO Mobile (2015, Aachen)
$57.0M - Series C - Aug 2021
e.GO Mobile (2015, Aachen)
$36.5M - Series B - Feb 2021
Electric Car Manufacturers - Germany
40
48
Back to index
Electric Vehicles (TIER)
(# Cos: 488 | $2.8B)
Automaker (Volocopter)
(# Cos: 187 | $1.0B)
Cars (Sono Motors)
(# Cos: 16 | $215M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$93.5M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$215M
4
1
16
0
Sono Motors
(2013, Munich, $120M)
e.GO Mobile
(2015, Aachen, $93.5M)
Pininfarina cars
(2018, Munich)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Lendis (2018, Berlin)
$90.7M - Series A - Jan 2022
Tech Enabled Office Managers -
Germany
41
49
Back to index
Facility Management Tech (Sensorberg)
(# Cos: 245 | $280M)
Office Management (Lendis)
(# Cos: 11 | $102M)
Tech First Office Managers (Service
Partner)
(# Cos: 3 | $102M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$90.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$102M
2
-
3
0
Service Partner
(2015, Berlin, $11.3M)
Lendis
(2018, Berlin, $90.7M)
Kirchhoff Datensysteme..
(1990, Erfurt)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Internet First Retail Banks with Partner Bank's
License - Germany
42
50
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$89.5M (▲409%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$122M
5
-
10
2
Banking Tech (IDnow)
(# Cos: 162 | $3.5B)
Internet First Banks (N26)
(# Cos: 27 | $2.0B)
Through Bank Partnerships (Kontist)
(# Cos: 15 | $240M)
Retail Banking (Vivid)
(# Cos: 10 | $122M)
Vivid
(2019, Berlin, $90.6M)
Tomorrow
(2017, Hamburg, $25.0M)
pockid
(2020, Hamburg, $4.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vivid (2019, Berlin)
$73.0M - Series B - Apr 2021
Tomorrow (2017, Hamburg)
$16.5M - Series B - Sep 2021
pockid (2020, Hamburg)
$4.5M - Seed - Nov 2021

51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Physiotherapy -
Germany
43
51
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Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$85.6M (▲229%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$158M
7
-
13
2
Healthcare IT (AMBOSS)
(# Cos: 904 | $729M)
Value Based Care (Klara)
(# Cos: 165 | $225M)
Patient Engagement (Heartbeat Medical
Solutions)
(# Cos: 75 | $172M)
Digital Therapeutics (HelloBetter)
(# Cos: 30 | $166M)
Physiotheraphy (Kaia Health)
(# Cos: 13 | $158M)
Kaia Health
(2016, Munich, $125M)
Caspar
(2016, Berlin, $16.7M)
Motion Capture Group
(2017, Heidelberg, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kaia Health (2016, Munich)
$75.0M - Series C - Apr 2021
Caspar (2016, Berlin)
$10.6M - Series B - Jul 2021

52. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Presentation Tools - Germany
44
52
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Enterprise Collaboration (TeamViewer)
(# Cos: 536 | $425M)
Presentation Tools (Pitch)
(# Cos: 3 | $137M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$85.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$137M
1
-
3
1
Pitch
(2018, Berlin, $137M)
Slides2Go
(2014, Stuttgart)
presenter.tools
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pitch (2018, Berlin)
$85.0M - Series B - May 2021

53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Tech First Truck Freight Forwarder -
Germany
45
53
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Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$80.0M (▼50%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$350M
1
-
5
1
Logistics Tech (Forto)
(# Cos: 688 | $1.3B)
Freight (cargo.one)
(# Cos: 384 | $853M)
Trucking (Vimcar)
(# Cos: 214 | $418M)
Tech First Freight Forwarder
(sennder)
(# Cos: 5 | $350M)
sennder
(2015, Berlin, $350M)
Cargoboard
(2019, Paderborn)
Carrypicker
(2017, Hamburg)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
sennder (2015, Berlin)
$80.0M - Series D - Jun 2021
sennder (2015, Berlin)
Undisclosed - Series D - Oct 2021

54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
RNA Interference Platforms - Germany
46
54
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Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$75.2M (▼88.3%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
4
1
4
0
Genomics (Curetis)
(# Cos: 290 | $1.9B)
Enabling Technologies (Qiagen)
(# Cos: 99 | $1.2B)
Technology Platforms (Sirion Biotech)
(# Cos: 19 | $1.1B)
RNA interference (CureVac)
(# Cos: 4 | $1.1B)
CureVac
(2000, Tubingen, $975M)
Cardior Pharmaceuticals
(2016, Hannover, $91.5M)
Riboxx
(2009, Radebeul, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cardior Pharmaceut.. (2016, Hannover)
$75.2M - Series B - Aug 2021

55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Cardior Pharmaceut.. (2016, Hannover)
$75.2M - Series B - Aug 2021
Diversified - Germany
47
55
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Cardiac and Vascular Disorders (JenaValve
Technology)
(# Cos: 100 | $830M)
Drugs (Vasopharm)
(# Cos: 13 | $250M)
Diversified (OMEICOS)
(# Cos: 9 | $219M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$75.2M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$219M
8
-
9
3
OMEICOS
(2013, Berlin, $35.4M)
Vasopharm
(1998, Wurzburg, $62.7M)
Cardior Pharmaceuticals
(2016, Hannover, $91.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Isar Aerospace Techn.. (2018, Munich)
$75.0M - Series B - Jul 2021
Small Satellite Launch Vehicles -
Germany
48
56
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NewSpace (Mynaric)
(# Cos: 59 | $186M)
Launch Vehicles (HyImpulse)
(# Cos: 2 | $183M)
Small Payload (Isar Aerospace
Technologies)
(# Cos: 2 | $183M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$75.0M (▼17.5%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$183M
1
-
2
1
Isar Aerospace Technol..
(2018, Munich, $183M)
HyImpulse
(2018, Neuenstadt Am K..)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Xentral (2008, Augsburg)
$75.0M - Series B - Aug 2021
ERP for SMBs - Germany
49
57
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ERP (GK Software)
(# Cos: 446 | $124M)
Multi-Industry (SAP)
(# Cos: 166 | $95.0M)
SMB-Focused (Xentral)
(# Cos: 112 | $95.0M)
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$75.0M (▲275%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$95.0M
4
-
112
1
Xentral
(2008, Augsburg, $95.0M)
Lavid Software
(2007, Monchengladbach)
godesys
(1992, Mainz)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Germany Tech - Top Business Models Report
Recent Funding Rounds
Digital Twin in Automotive Industry -
Germany
50
58
Back to index
Taxonomy
$ Invested in last 1 year in Germany
Tech
Key Stats
# Funding Rounds in last 1 year in
Germany Tech
$73.6M (▲520%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$92.6M
2
-
3
2
Digital Twin (micropsi industries)
(# Cos: 57 | $190M)
Digital Twin Platforms (Twinner)
(# Cos: 40 | $178M)
Products (NavVis)
(# Cos: 35 | $178M)
Automotive (TWAICE)
(# Cos: 3 | $92.6M)
TWAICE
(2018, Munich, $45.0M)
Twinner
(2013, Halle, $47.6M)
Topalsson
(2007, Munich)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Twinner (2013, Halle)
$47.6M - Series B - Jun 2021
TWAICE (2018, Munich)
$26.0M - Series B - May 2021

59. Germany Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Germany Tech - Top Business Models Report
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