About Construction Tech sector in Munich, Germany
The Construction Tech sector in Munich, Germany comprises 46 companies, including 20 funded companies having collectively raised $115M in venture capital money and private equity. Out of these, 10 are Series A+ funded.
Construction Tech sector in Munich, Germany has seen 4 acquisitions and 1 IPO. This represents almost 10.9% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies providing technology solutions or tech enabled services that help in executing any construction project from design to completion including field management.
Construction Tech sector is also known as ConTech.
Tools that help in executing any construction project from design to completion. Includes marketplaces or platform for procuring physical and human resources needed for a construction project like equipment, materials, and skilled professionals. Latest building technologies like 3D printing, robotics and modular construction that reduces the dependency on human labor and execute projects in shorter time span with lower cost are also included. Companies involved in services, consultancy, construction or design, home improvements/renovation, home automation, construction materials/suppliers, facilities/property management, and real estate technology are excluded.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
ConTech
Top Construction Tech Companies in Munich, Germany
There are 46 Construction Tech startups in Munich, Germany which include Nemetschek Group, Building Radar, Allplan, Klarx, KEWAZO. Out of these, 20 startups are funded, with 10 having secured Series A+ funding.
Over the past 10 years, an average of 2 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Technical University of Munich and Cornell University.
Here is the list of top Construction Tech startups in Munich, Germany
Provider of management solutions for the construction sector. It provides users with a company that offers software solutions for the architecture, engineering, construction, and operation (AEC/O) industries, covering the entire lifecycle of buildings and infrastructure projects. It also provides planning, designing, building, and managing buildings and real estate, as well as for media and entertainment.
Key facts about Nemetschek Group
- Founded Year: 1963
- Location: Munich (Germany)
- Stage: Public
- Investors: Eiffel Investment Group and European Union
- Latest Funding Round: Grant (prize money), Dec 01, 2017, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 2 of 1,857 Competitors
Cloud-based lead generation software for construction professionals. The platform is a database of construction projects and provides sales leads to contractors. The platform enables users to browse construction projects by location, size, phase, and companies involved among other filters. The tool helps to search construction sites, analyze market, track construction sites, and provides profiles of people and companies involved.
Key facts about Building Radar
- Founded Year: 2015
- Location: Munich (Germany)
- Stage: Series A
- Total Funding till date: $12.7M
- Investors: Socii Capital, PT1 and 15 Others
- Latest Funding Round: Series A, Oct 07, 2024, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 6 of 3,383 Competitors
3. Allplan
Allplan, a brand of Nemetschek Group, offers software for developing BIM object-oriented 3D CAD for architecture and engineering, Building cost management and Facilities Management. Products include Allplan Architecture, Allplan Engineering, Allplan BCM and Allplan Allfa. In 2008, Nemetschek Allplan GmbH became a 100% subsidiary of Nemetschek AG. Winner of Architects' Darling Award in 2012 and 2014. Claims to have over 190K users as of Dec 2015.
Key facts about Allplan
- Founded Year: 1981
- Location: Munich (Germany)
- Stage: Unfunded
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 6 of 834 Competitors
4. Klarx
Klarx is a price-comparison and renting marketplace for construction equipment. Kinds of equipment listed include trailer lifts, Articulated boom lift, Truck Booms, Scissor Lifts, Spider lifts, booms, Vertical mast lifts, Forklift & storage technology, electric counterbalanced trucks, fork-lift truck, Forklift Attachments, telescopic handlers, Attachments telescopic handlers. Has the option to choose either deliver or self-pick-up.
Key facts about Klarx
- Founded Year: 2015
- Location: Munich (Germany)
- Stage: Series B
- Total Funding till date: $31.1M
- Investors: B&C Industrieholding, Target Global and 14 Others
- Latest Funding Round: Series B, Jun 28, 2023, $*****
- Tracxn Score: 49/100 What is this?
- Competitors Rank: 1 of 14 Competitors
5. KEWAZO
Provider of on-site robotics solutions for construction sites. It offers smart robotic elevators for scaffolding assembly processes at construction sites. Its features include analytic tools, automatic navigation, predictive analytics, and control tools. It caters to the construction, maritime, manufacturing, and transportation industries.
Key facts about KEWAZO
- Founded Year: 2016
- Location: Munich (Germany)
- Stage: Series A
- Total Funding till date: $20M
- Investors: MIG Capital, Fifth Wall and 11 Others
- Latest Funding Round: Series A, Jan 24, 2023, $*****
- Tracxn Score: 47/100 What is this?
- Competitors Rank: 5 of 73 Competitors
Companies founded year-on-year in the Construction Tech sector in Munich
6 Construction Tech startups in Munich were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | 1 |
2022 | 1 |
2021 | 3 |
2020 | 2 |
2019 | 5 |
2018 | 6 |
2017 | 3 |
2016 | 6 |
Stage-wise distribution of Construction Tech sector companies in Munich
Out of the total 46 Construction Tech companies in Munich, 20 have secured funding. Among them, 10 have reached Series A or higher, and 7 to Series B or beyond.
Founded - 46
Funded - 20
Series A+ - 10
Series B+ - 7
Series C+ - 5
Company Stage | No. of companies |
|---|---|
Founded | 46 |
Funded | 20 |
Series A+ | 10 |
Series B+ | 7 |
Series C+ | 5 |
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Funding Trends in the Construction Tech sector in Munich
Total funding year-on-year in the Construction Tech sector in Munich
The Construction Tech sector in Munich saw a total funding of more than $115M in the last 10 years. The most amount of funding was in 2021 at more than $35.7M.
- Total Funding
Year | Total Funding |
|---|---|
2024 | $7.2M |
2023 | $22.9M |
2021 | $35.7M |
2020 | $8.26M |
2019 | $22.5M |
2018 | $9.55M |
2017 | $137K |
Recent Funding Rounds in Construction Tech in Munich
In the year 2024, till October 2024, Construction Tech companies in Munich have raised $7.2M in equity funding across 1 round.
In the same period last year (i.e. till June 2023), Construction Tech companies in Munich had raised $22.6M across 2 rounds.
So, 2024 has seen a 68.12% drop in funding in Construction Tech companies in Munich as compared to 2023.
Here are some recent, important funding rounds in Construction Tech companies in Munich:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6700 | Oct 07, 2024 | ||
Series B | 6809 | Jun 28, 2023 | ||
Series A | 3686 | Jan 24, 2023 | and 5 more | |
Seed | 1813 | Oct 06, 2021 | ||
Series A | 7435 | Sep 15, 2021 | and 1 more |
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Top Investors in Construction Tech in Munich
Plug and Play Tech Center is the top investor in Construction Tech companies in Munich based on number of companies invested.
Here are some top investors in Construction Tech companies in Munich:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | - | |
Munich (Germany) | ||
Bonn (Germany) | ||
Vienna (Austria) | - | |
Munich (Germany) |
M&A activity in Construction Tech sector in Munich
In the year 2023, till March 2023, 1 acquisition happened in Construction Tech sector in Munich.
Here are some recent, important acquisitions in Construction Tech sector in Munich:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 14, 2023 | ||
Business Acquisition | Jul 26, 2021 | ||
Business Acquisition | Nov 16, 2020 | ||
Business Acquisition | Mar 17, 2016 |
Acquisition trends in Construction Tech sector in Munich
Here are the acquisition trends in Construction Tech sector in Munich:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 1 |
2022 | - |
2021 | 1 |
2020 | 1 |
2019 | - |
2018 | - |
2017 | - |
2016 | 1 |
IPOs in Construction Tech in Munich
In the year 1999, till October 1999, 2 IPOs happened in Construction Tech sector in Munich.
Here are some recent, important IPOs in Construction Tech sector in Munich:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 03, 1999 | Frankfurt Stock Exchange (FRA) | |
Mar 10, 1999 | Frankfurt Stock Exchange (FRA) |
Colleges which produce the most Construction Tech companies in Munich
Companies founded by alumni from top colleges in the Construction Tech in Munich
Most number of Construction Tech startups in Munich have been founded by alumni from Technical University of Munich and Cornell University.
College | No. of companies |
|---|---|
Technical University of Munich | 2 |
Cornell University | 1 |
Total funding in Construction Tech companies founded by alumni from top colleges in Munich
In the last 10 years, Cornell University graduates' Construction Tech companies in Munich have raised the most funding among top colleges. Technical University of Munich alumni are second.
College | Total Funding |
|---|---|
Cornell University | $3.06M |
Technical University of Munich | $137K |
Top News in Construction Tech in Munich
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Nemetschek Group Achieves Its Revenue and Profitability Targets in the Fiscal Year 2022WebDisclosure•Feb 14, 2023•Nemetschek Group
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Nemetschek Group Takes Quality Assurance to a New Level with the Release of Solibri Insidecsengineermag.com•Feb 11, 2023•Nemetschek Group
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