About IoT Services sector in Germany
The IoT Services sector in Germany comprises 543 companies, including 46 funded companies having collectively raised $62.4M in venture capital money and private equity. Out of these, 26 are Series A+ funded.
IoT Services sector in Germany has seen 18 acquisitions and 7 IPOs.
Top IoT Services Companies in Germany
There are more than 543 companies in IoT Services in Germany. Katek is the top IoT Services company in Germany, ranked using Tracxn Score (what's this?).
Here are 5 of the top IoT Services companies in Germany:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of IoT & software development and electronic services | Munich (Germany) | 1979 | Acquired | - | |
Provider of software development, cloud, and IoT services | Munich (Germany) | 2018 | Acquired | - | |
Provider of engineering services for customized mobility solutions | 2003 | Funding Raised | - | ||
Provider of AI, IoT and blockchain services | Heidelberg (Germany) | 1997 | Funding Raised | - | |
Provider of IT service suite solutions | Barleben (Germany) | 2000 | Acquired | - |
Companies founded year-on-year in the IoT Services sector in Germany
30 IoT Services startups in Germany were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | 5 |
2020 | 19 |
2019 | 30 |
2018 | 18 |
2017 | 25 |
Stage-wise distribution of IoT Services sector companies in Germany
Out of the total 543 IoT Services companies in Germany, 46 have secured funding. Among them, 26 have reached Series A or higher, and 25 to Series B or beyond.
Founded - 543
Funded - 46
Series A+ - 26
Series B+ - 25
Series C+ - 25
Company Stage | No. of companies |
|---|---|
Founded | 543 |
Funded | 46 |
Series A+ | 26 |
Series B+ | 25 |
Series C+ | 25 |
Funding Trends in the IoT Services sector in Germany
Total funding year-on-year in the IoT Services sector in Germany
The IoT Services sector in Germany saw a total funding of more than $61.5M in the last 10 years. The most amount of funding was in 2023 at more than $16.1M.
- Total Funding
Year | Total Funding |
|---|---|
2024 | $1.19M |
2023 | $16.1M |
2022 | $4.69M |
2021 | $8.13M |
2020 | $10.3M |
2019 | $9.29M |
2018 | $7.94M |
2017 | $3.57M |
Recent Funding Rounds in IoT Services in Germany
In the year 2021, till August 2021, IoT Services companies in Germany have raised equity funding across 3 rounds.
Here are some recent, important funding rounds in IoT Services companies in Germany:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6281 | Aug 11, 2021 | ||
Series A | 1706 | Jul 20, 2021 | ||
Seed | 5983 | Mar 09, 2021 | and 1 more | |
PE | 8062 | May 02, 2019 | ||
Series A | 7741 | Nov 23, 2018 |
Top Investors in IoT Services in Germany
Bayern is the top investor in IoT Services companies in Germany based on number of companies invested.
Here are some top investors in IoT Services companies in Germany:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | - | |
Berlin (Germany) | - | |
Los Angeles (United States) | - | |
Shanghai (China) | - |
M&A activity in IoT Services sector in Germany
In the year 2025, till June 2025, 2 acquisitions happened in IoT Services sector in Germany. Last year, in 2024, a total of 5 acquisitions happened in IoT Services sector in Germany.
Here are some recent, important acquisitions in IoT Services sector in Germany:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 02, 2025 | ||
Business Acquisition | Feb 28, 2025 | ||
Business Acquisition | Nov 07, 2024 | ||
Business Acquisition | Aug 21, 2024 | ||
Business Acquisition | Jul 26, 2024 |
Acquisition trends in IoT Services sector in Germany
Here are the acquisition trends in IoT Services sector in Germany:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 5 |
2023 | 1 |
2022 | 2 |
2021 | 2 |
2020 | 2 |
2019 | 1 |
2018 | 1 |
2017 | - |
IPOs in IoT Services in Germany
In the year 2021, till May 2021, 1 IPO happened in IoT Services sector in Germany.
Here are some recent, important IPOs in IoT Services sector in Germany:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 04, 2021 | Frankfurt Stock Exchange (FRA) | |
Jun 29, 1998 | Frankfurt Stock Exchange (FRA) |
Top News in IoT Services in Germany
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Aston Martin integrates Pirelli Cyber Tyre technologyTyrepress•Sep 11, 2025•Aston Martin, Pirelli, Robert Bosch
•
Katek and Odyssey cooperate on off-grid invertersSolarserver•Dec 04, 2023•Katek, Odyssey Energy Solutions
•
itemis and Cybellum partner to enhance product software securityHelp Net Security•Oct 19, 2023•Itemis, Cybellum
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Upstream joins with chargeIQ to safeguard EV charging infrastructureTelematics Wire•Oct 17, 2023•chargeIQ, Upstream Security
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Financial services software firm SAP Fioneer launches tailored banking solution for SMEsEIN Presswire•Jun 22, 2023•SAP, DEDIQ
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Bosch and X Shore team up on new electric boat drivetrainsElectrek•Jun 21, 2023•Bosch, X Shore, Robert Bosch
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Intel and SAP Embark on Strategic Collaboration to Expand Cloud CapabilitiesTullahoma News•May 17, 2023•Intel, SAP
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KATEK SE Group wins new major customer in the eMobility sectorWebDisclosure•Mar 15, 2023•Katek, eSystems
