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IoT Services Sector in Germany

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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.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions

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
-
Get a longer list of companies

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.

Companies founded year-on-year in the IoT Services sector in Germany2026202520242023202220212020201920182017Founded Year0612182430Count of Number of Companies
  • 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
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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)
-
See a more detailed list of investors

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
See a more detailed list of acquisitions

Acquisition trends in IoT Services sector in Germany

Here are the acquisition trends in IoT Services sector in Germany:

Acquisition trends in IoT Services sector in Germany2026202520242023202220212020201920182017Acquisition Round Date (Yearly)012345Number of Acquisitions
  • 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)
See a more detailed list of IPOs

Top News in IoT Services in Germany

View all Top News for IoT Services companies in Germany

FAQs about IoT Services sector in Germany

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