Observed Signal · Dec 27, 2024 · Market Report · Source: Trending Topics · Impact: 2/5 · Sentiment: Negative

Austrian Startup Investments Fall 17% to €578M in 2024

Executive Signal Summary

According to the EY Start-up-Barometer, Austrian startup funding fell 17% to €578 million in 2024, with 149 financing rounds, a 19% decrease year-over-year. AI-focused startups attracted €168 million, more than double the 2023 figure, representing about one-third of total investment. The average deal size stabilized at €4.4 million, with no mega-deals above €100 million. The largest rounds included Gropyus (~€100 million), Storyblok (€74 million), and Prewave (€63 million). Software led in deal count, and Vienna dominated with 68% of invested capital. Sustainability-related investments accounted for 26% of total volume. Experts view the ecosystem as robust and expect positive momentum in 2025, driven by potential IPOs and continued demand for AI and sustainability solutions.

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High Confidence

Regional startup funding report with notable AI investment growth, but limited direct impact on the global AdTech/MarTech industry.

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Key Takeaways & Evidence Grounding

  • Startup funding in Austria decreased 17% to €578 million in 2024, down from €696 million in 2023.
  • The number of financing rounds fell 19% to 149 deals.
  • AI-focused startups received €168 million in 2024, more than double the 2023 amount.
  • The largest individual financing was Gropyus with about €100 million, followed by Storyblok (€74 million) and Prewave (€63 million).
  • Vienna accounted for 68% of invested capital and 60% of all financing rounds.

Connected Companies & Entities

2 Entities mapped

“Das österreichische Start-up-Ökosystem musste 2024 erneut einen Rückgang bei Investments hinnehmen. Wie das aktuelle EY Start-up-Barometer z...”

Ontology Mapping & Concepts

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: Trending Topics•Published: Dec 27, 2024
Original Coverage Title: “Startup-Investments fallen 2024 um 17% auf nur mehr 578 Millionen Euro”

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