Germany’s Fastest Growing Start-Ups

September 2020

Which sectors are best negotiating corona-related business challenges in Germany? One good indication is Business Insider newspaper’s list of the country’s 100 fastest growing start-ups.

The list looked at 16,000 fledgling German companies’ in terms of criteria like personnel growth, financing, website hits and social media followers.

Leading the way were e-commerce firms, which accounted for 16 of the top 100. They were followed by companies in the software-as-a-service, health care, artificial intelligence, software, machine learning and IT sectors.

The fastest grower was Hamburg health care start-up Sympatient, which took in EUR 1.6 million in seed financing in June. It specializes in helping patients suffering from anxiety disorders with VR headsets and an app.

The top company in terms of venture capital taken in was Berlin food start-up FoodPanda with EUR 749.4 million. It’s a mobile food delivery marketplace operating in about 50 countries and mostly active in the Asian Pacific, Bulgaria and Romania.

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