Austria’s startup ecosystem has been lauded in recent years for its upward trajectory. Yet, the Austrian Investing Report 2024, published by AustrianStartups, paints a more nuanced picture.
Austria Media Company FoundersToday Media GmbH, headquartered in Linz, Austria, makes a strong statement towards international growth: With the appointment of Florian Skala as Chief Sales Officer (CSO), from June 1, 2025 FoundersToday brings on board a seasoned executive with an outstanding track record in the international media industry.
Emmi AI, an Austrian deep tech startup aiming to revolutionize industrial simulations with artificial intelligence, has raised €15 million in seed funding—the largest seed round ever in Austria.
Red Bull, the iconic Austrian beverage and media company, has officially launched its own corporate venture capital arm, Red Bull Ventures, signaling a more direct move into the startup investment world.
Today, we're joined by Markus Waghubinger, a dynamic entrepreneur from Upper Austria who now divides his time between Linz, Vienna, and San Francisco. Markus began his career in banking but soon discovered a passion for innovation and entrepreneurship. This led him to co-found HalloSophia, a platform that integrates AI with
Vienna-based GROPYUS, a company specializing in affordable and sustainable timber-hybrid buildings, has raised €100 million in fresh funding. This brings GROPYUS' total equity investment to €300 million since its founding in 2019. The investment round was led by Portuguese investment firm Semapa and U.S. VC fund Practical Venture Capital, further
HalloSophia, a startup from Austria specializing in hybrid service infrastructure, has quietly made significant strides in expanding its operations to the US, particularly in Silicon Valley. Co-founder Markus Waghubinger highlights the benefits of this move, emphasizing the valuable lessons learned from the AI movement currently happening in the San Francisco
Vienna-based software company Tset has secured €12.7 million in its Series A funding round. This investment, led by Carbon Removal Partners, Brose Ventures, and Ingenics Holding, aims to strengthen Tset's leadership in cost and carbon management solutions across new markets and industries. Ingenics plans to use its share to enhance
Vienna-based AI-powered supply chain intelligence startup Prewave has successfully raised €63 million ($67 million) in a Series B funding round led by Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest, and the Working Capital Fund.
