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Tag: Austria

These 3 numbers show how little venture capital startups get in Austria

EY’s business consultants have once again analyzed startup funding rounds across Europe and come to a positive conclusion: European startups raised 11 percent more venture capital in 2018 and the number of individual rounds increased by 15 percent. In absolute numbers flowed in 4,199 rounds 21.3 billion euros. Also in…

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Austrian start-ups collected a quarter more money in 2018

In the past year, Austria’s start-ups collected more money from investors by a quarter. The amount of publicly-known financing rose from 138 million euros (2017) to 173 million euros (2018), according to a study published on Tuesday by the consulting firm EY (Ernst & Young). The highest financing was awarded…

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N26 Austria: “The traditional banks are our customer pool”

About six years ago, the two Austrians Valentin Stalf and Maximilian Tayenthal moved to Germany to give reasons. The original idea of offering a credit card for teens has now become a full-fledged bank with nearly three million customers across Europe. About a year ago Georg Hauer took over the…

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Startups in Austria: 4 questions to an important CEO

Start-ups provide fresh impetus in the Austrian economy. The start-up service of the Austrian Federal Economic Chamber supports startups, among other things, with questions regarding financing and organization, drawing on a broad network of experts. Elisabeth Zehetner-Piewald is the Federal Managing Director of the Founder Service Austria and the Federal…

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New storage startup offers pick-up and delivery service

There are already some established players in the (self) storage market. The Lower Austrian startup Kibox, which recently started, wants to stand out with its service. One wants to “reinvent” storage, says Martin Wild, founder and CEO of the Lower Austrian startup Kibox. Only last autumn he and his co-founders…

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N26 at the top of the ranking in customer satisfaction

A Forbes ranking, created in cooperation with the Statista portal, assigns the Challenger Bank N26 top positions in several countries. At the center of the survey on the ranking “The World’s Best Banks 2019” was customer satisfaction. More than 40,000 people in 23 countries were surveyed by Statista for the…

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Non-startup from Lower Austria becomes the best startup of the year

On the sidelines of the Oscar ceremony, the Los Angeles International Trade Center honored Austrian top achievements in the American market with the USA-BIZ AWARD. In the Startup category, Wewalka was founded in 1987 by the founding of the low-energy fresh dough company Wewalka. “The USA Biz Award, the so-called…

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This new startup produces “CO2-negative” fuel in Austria

The Stockholm startup NextFuel wants to replace fossil fuels with its “CO2-negative” elephant grass pellets. The first factory is located north of Graz. In the background is a cooperation with the Andritz Group. If the details of the Stockholm startup NextFuel are correct, it has discovered something like the Philosopher’s…

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