Funded Startups in Augsburg
Augsburg's funded startup activity, as reflected in the six most recent rounds on record, spans energy, AI, hardware, enterprise software, and data analytics.
Augsburg's funded startup activity, as reflected in the six most recent rounds on record, spans energy, AI, hardware, enterprise software, and data analytics. The largest disclosed raise belongs to Xentral, which closed a $75M Series B in August 2021. More recent capital has gone to German Bionic ($16M Series A, December 2023) and Reonic ($14M Series A, September 2024), the latter being the most current entry in this dataset. Rocket Factory Augsburg, building orbital launch vehicles, added a $4M round in October 2023.
Series A is the dominant stage, appearing three times across the six entries. Two companies — qbilon GmbH (Seed, June 2022) and Conntac (Series A, November 2021) — did not disclose round sizes. Deal activity is spread across roughly three years, from August 2021 through September 2024, with no obvious single-year concentration. The sectoral mix — deep tech hardware alongside SaaS and AI — points to a city with varied venture backing rather than one anchored to a single industry cluster.
Most recent rounds
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Frequently asked
What is the largest disclosed round among recently funded Augsburg startups?
Xentral raised $75M in a Series B in August 2021, the largest disclosed amount across the six entries shown. The next largest are German Bionic's $16M Series A (December 2023) and Reonic's $14M Series A (September 2024), with the remaining disclosed round — Rocket Factory Augsburg — coming in at $4M.
Which funding stage appears most frequently in Augsburg's recent deal history?
Series A accounts for three of the six rounds, with Reonic, German Bionic, and Conntac all raising at that stage. The dataset also includes one Series B (Xentral), one Seed (qbilon GmbH), and one round listed as unknown (Rocket Factory Augsburg).
What sectors are represented among Augsburg's recently funded companies?
The six companies span energy (Reonic), artificial intelligence (German Bionic), hardware (Rocket Factory Augsburg), information technology (qbilon GmbH), data and analytics (Conntac), and enterprise software (Xentral). No single sector dominates the dataset.
How current is the funding activity visible in this dataset?
The most recent round closed on September 4, 2024 — Reonic's $14M Series A. Before that, German Bionic and Rocket Factory Augsburg both closed rounds in Q4 2023 (December and October respectively), with earlier activity clustered in 2021 and mid-2022.
How much disclosed capital do these rounds represent in total?
The four rounds with disclosed amounts — Xentral ($75M), German Bionic ($16M), Reonic ($14M), and Rocket Factory Augsburg ($4M) — sum to $109M. qbilon GmbH and Conntac did not disclose their round sizes.
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