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The startup scene across Austria

Where startups are forming across Austria: the cities, accelerators and investors, and how you get close to them.

Capital
Vienna
Region
Europe
Population
8,847,037
Currency
EUR
Fig. 1118 · Giant Ferris wheel

The ecosystem

BMWET’s April 2026 summary of the Austrian Startup Monitor estimates that about 35,000 people worked in Austria’s startup sector in 2025, with an average of 11.4 employees per startup. The 2024 Monitor defines startups as companies under ten years old with an innovative offering and significant realized or intended revenue or team growth; its survey received responses from 665 founders and managing directors and covered 474 companies.

In the 2025 Monitor summary, 82% of startups planned international expansion, 74% named the EU as their main target region, and 18% named North America as their main region outside Europe. More than 75% reported revenue, while 46% said they operated at least at break-even in 2025 and a further 40% expected to reach break-even within two years.

Sectors and strengths

The 2025 Monitor summary classifies 75% of startups as technology-oriented, including a separately reported 12% deep-tech share; AI and data innovation are prominent fields for roughly three-quarters of technology startups. Energy and environmental technologies account for 18%, and life sciences and biotechnology for 14%.

As of . Official information. Source: Austrian Startup Monitor 2025 shows resilient development, strong technology orientation and growing international dynamics

The summary reports AI use in business processes at 84%, product development at 70%, offerings at 53%, and production at 16%; these describe reported uses in different functions. Green and Social Impact startups represented 31% of startups founded in 2023–2025, compared with 13% in 2014–2016.

As of . Official information. Source: Austrian Startup Monitor 2025 shows resilient development, strong technology orientation and growing international dynamics

Capital providers

In the 2025 Monitor summary, bootstrapping was the most common funding source at 65%, and public grants were a central funding source for 55% of startups. Public grants were the primary funding basis for 78% of deep-tech startups; 54% of startups were reported as venture-capital financed.

As of . Official information. Source: Austrian Startup Monitor 2025 shows resilient development, strong technology orientation and growing international dynamics

For founders

The Monitor reports that 82% of startups plan international expansion, with the EU named as the main target region by 74%; those figures offer a concrete reference point for founders weighing cross-border plans. Reported funding patterns include bootstrapping at 65% and public grants as central for 55%, rising to a primary funding basis for 78% of deep-tech startups.

As of . Official information. Source: Austrian Startup Monitor 2025 shows resilient development, strong technology orientation and growing international dynamics

For investors

The Monitor summary identifies technology orientation, AI and data innovation, energy and environmental technology, and life sciences and biotechnology as notable areas, while reporting that 54% of startups were venture-capital financed. Its figures are survey summaries, so they describe reported startup characteristics rather than guaranteeing company-level performance.

As of . Official information. Source: Austrian Startup Monitor 2025 shows resilient development, strong technology orientation and growing international dynamics

Startup ecosystem standing

Where Austria ranks

Rankings that list Austria
RankingEditionPositionSince last editionTrustWhat it measures
Bloomberg Innovation Index2021#10Up 2BInnovation, Research
Global Innovation Index2025#19Down 2AInnovation, Competitiveness, Research, Talent
Global Startup Ecosystem Index (countries)2025#26No prior editionBEcosystem, Activity, Finance, Business Climate
Doing Business (Ease of Doing Business ranking)Doing Business 2020#27Down 1BBusiness Climate
IMD World Competitiveness Ranking2026#29Down 3BCompetitiveness, Business Climate, Performance
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

224 organizations with a profile

Who's based in Austria

Investors 155

Speedinvest logoInvestor

Investing in early-stage technology companies across Europe.

Calm/Storm logoInvestor

Empowering purpose-driven founders in HealthTech.

The 3 most prominent of 155. Browse all investors

Incubators 28

The 3 most prominent of 28. Browse all incubators

Accelerators 23

The 3 most prominent of 23. Browse all accelerators

Venture studios 18

Room4 Ventures logoVenture studio

Creating high-end brands from innovative ideas.

120 Ventures logoVenture studio

Building sustainable ventures for societal impact.

The 3 most prominent of 18. Browse all venture studios

Based here, most-ranked first

Universities in Austria

Pick what describes you

Your way in

City guides

Cities in Austria

The largest 4 of 6 published city guides.

Browse cities in Austria
City

295,424 people

City

204,846 people

Questions about Austria

How does Austria rank as a startup ecosystem?

Its best position is #10 in Bloomberg Innovation Index (2021). It appears in 5 published rankings; the table above lists each one.

How many startup investors are based in Austria?

155 investors based in Austria have a profile here, including Speedinvest, Female Founders and Calm/Storm. The real number is higher.

Are there accelerators or incubators in Austria?

Yes. Austria has 23 accelerators, 28 incubators and 18 venture studios on record, including Culttech Accelerator, INiTS | Vienna's High-Tech Incubator and Room4 Ventures.

Which universities are in Austria?

One university has a profile: FHV Vorarlberg University of Applied Sciences.

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