Dendritic polymers (dendrimers) are synthesized in a layer‐by‐layer fashion around a core molecule. Depending on the number of chemical functionalities and the shape of the core, dendrimers of various shapes and complexities can be produced with very low polydispersity. The high level of control over the architecture of dendrimers, their size, shape, branching length and density, and their surface functionality, makes these compounds ideal materials in medical and technical applications, such as drug delivery, gene transfection, imaging, luminescence, quantum dot stabilization, catalysis and waste remediation. The active agents may either be encapsulated into the interior of the dendrimers or they can be chemically attached or physically adsorbed onto the dendrimer surface, with the option to tailor the properties of the dendritic carrier to the specific needs of the active material in its specific applications. Surface modified dendrimers themselves may act as nanodrugs against tumors, bacteria, and viruses. Recent successes in simplifying the synthesis of dendrimers, such as the “lego” and “click” approaches, have provided a vastly expanded variety of dendritic compounds, while at the same time reducing the cost of their production.