HomenewsStart-up ecosystem Munich -...

Start-up ecosystem Munich – 2022 overview of the start-up scene M

5/5(3)

Of course, the Munich start-up scene is not a hidden champion, the city on the Isar is at the forefront. After Berlin, the Rhine-Ruhr metropolitan region and the start-up regions of Hamburg and Stuttgart/Karlsruhe, Munich is one of the five start-up strongholds in Germany. According to the current Startup Monitor, the percentage has increased significantly. So there is something going on in Munich and the city is far more international than the Bavarian turmoil sometimes suggests. We have the top factors in 2022 that make up the Monaco start-up ecosystem and show what you can expect as a founder in Monaco.

Factor 1: Strongly growing industry in Munich

Entrepreneurial diversity prevails in Monaco, and at a high level. If the world's largest insurance companies like alliance AND Monk Kingnewcomer Dax Wirecardslarge long-standing companies such as Siemens AND BSH Bosch or in the automotive industry BMW AND Audi – here it is not messed up but stuffed. Under:

  • 7 DAX30 companies
  • 5 MDAX companies
  • 8 TecDAX companies
  • 5 SDAX companies

Information and communication technology, services, research and knowledge-intensive sectors – such as life sciences, medical and environmental technologies – as well as cultural and creative industries are considered to be Munich's growth drivers.

Benefits for founders:

Strong and large companies in the region are rarely competitors for startups, but rather partners. On the one hand, you can maybe dock directly with one of the companies when planning your start-up: you have a new idea to regulate the energy needs of a residential building… then go to eins energie. Modern hospital administration technology could be tested for suitability within the hospital.

In addition, the big ones naturally ensure a base of well-trained specialists who could become important in your start-up project.

Factor 2: Monaco has the TOP 1 university for start-ups

Most startup founders have an academic degree. Consequently, universities that produce particularly large numbers of founders are particularly relevant to a start-up ecosystem. THE Technical University of Munich is at the top for the third consecutive year, according to the current Startup Monitor. Generate more than 50 startups every year. The founders benefit from a stable network for the industry and the EntrepreneurTUMuniversity-affiliated institution that accompanies young entrepreneurs from foundation to IPO.

See also  Foundation in Mainz - You need to know this about the start-up ecosystem

These success stories are also possible through the Entrepreneurial Center on 6,100 m2. The unique infrastructure for the founders includes a high-tech MakerSpace workshop with modern machinery for prototype construction and small series production. UnternehmerTUM is networked with global players such as Google, Intel or SAP as well as with research institutes and universities worldwide, such as the University of Italian Switzerland in Lugano.

Benefits for founders:

Many start-ups find excellent development potential in Munich's university environment. The Ludwig Maximilians University, the Technical University and the Munich University of Applied Sciences enjoy an excellent reputation worldwide and work closely with the start-up scene. There is also better knowledge transfer: 20% of Munich startups collaborate with scientific institutions; In all of Germany it is only 16%.

Factor 3: High Potential and Human Resources

According to the current Startup Monitor, startup teams consist of an average of 2.4 founders and 13.3 employees. About three quarters of all startups are born in teams (75.5%). Monaco has the largest number of team start-ups nationwide (81.1%). Team formations are often more successful from an economic point of view: those who set up with partners can compensate for technical or commercial deficits, have more equity and earn points with investors for the various skills.

Munich startups are more optimistic than startups from other German cities: four out of five startups in Munich expect increased sales. Also, only startups plan in Berlin more new hires of employees for the current year compared to Munich – this also speaks of the growth of Munich's start-ups.

Munich startups are especially international: Monaco has the highest percentage of foreign founders (9.9% from other EU countries / 5.9% from non-EU countries).

Factor 4: Lots of venture capital in Monaco

Monaco has the most self-financed startups (26.2%). But for start-ups with plans to grow, venture capital is the primary source of funding. In particular, the ecosystems of Berlin (29.1%), Hamburg (18.6%) and Munich (19.7%) are often financed by VCs. Some examples of VC donors:

  • If you base your business on the Internet, you will find help at Venture Stars in Munich. For innovative ideas, support in practical or financial activities is offered here. The founders benefit from the company's experience and the existing network.
  • THE BayStartUP is the institution for foundation, financing and growth in Bavaria, financed by the Bavarian Ministry of Economics and Business. There are several competitions for business plans and access to finance here.
  • Other important incubators are Wayra AND YOU ARE NOW.
  • Well-known venture capitalists are Acton Capital Partners, Holtzbrinck Ventures AND Monaco Venture Partners.
See also  Invoice template for small business owners? | starter kitchen

Reading tip: You can find an overview of the VC scene in Munich and other funding contacts here… Setting Up a Company in Munich: Business Incubators, Hubs & Contact Points | Overview 2020

Factor 5: Munich's cool coworking scene

Even in smaller cities, an active coworking scene is an indicator of start-up activity. Where many founders in lean mode do without renting expensive office space and meet in special rooms, something is up.

Munich knows about coworking: allelynet about offers office space by the hour, day or week. Likewise Combine 56 with reception, meeting room and mailbox. Another is Smart village. You can find more spaces in our Coworking directory for Munich 2022.

Benefit for founders:

Coworking isn't just cheap office space. The idea of ​​the startup community lives on in many spaces, exciting events take place and scene networks. Almost like the preliminary phase of the hubs, founders can dock here for now.

Factor 6: Munich is more than Oktoberfest

Of course, the Oktoberfest also defines the city on the Isar internationally. And so some events related to the founders join the beer lovers festival. Yet you go above and beyond like that Bits and prezels Shows. After a great success in Berlin, the real time instead of. It is a meeting between business founders and successful entrepreneurs who actively exchange ideas on current opportunities, developments and trends and also discuss general topics related to company foundation.

An overview of the most important events for founders in Munich can be found here.

Benefit for founders:

Boot events are an essential part of a successful boot ecosystem. This is where people network, where they pitch and where business is done. And founders can learn from other founders as well as professionals.

See also  Choco against food waste: the food startup receives millions of investments

Factor 7: Success Stories: These successful startups are located in Munich

Many startups from TU Munich, but also more… The startup map Munich currently lists almost 1000 startups. Sure there are others.

We also have a number of success stories from the founders of Monaco in our founder stories:

You should also know about these very successful Munich startups:

  • Alaska Construction startups with a valuation of over 13 million euros, in which Holtzbrinck Ventures and Picus Capital (Alexander Samwer) have invested
  • alyneRegTech provides its customers with software that gives them an overview of regulatory and legal requirements
  • Clear Sales assistant software for internal sales reps
  • Cluno approximately $36 million from investors such as Valar Ventures, Peter Thiel's investor, Acton Capital Partners and Atlantic Labs for the all-vehicle supplier
  • energy trading platform enmacc
  • Kaia Munich healthcare startup with an app for chronic back pain
  • conux intelligent sensor systems for Industry 4.0 applications, investment by e-commerce giant Alibaba, New Enterprise Associates (NEA)
  • person US$40 million investment in HR startup
  • Focused users SaaS consent management platform

Conclusion on the start-up ecosystem in Monaco

The start-up headquarters Munich is already one of the 5 largest centers of the start-up scene, with an upswing. In some respects, the start-up metropolis of Munich has improved from 2018 to 2019: if the momentum continues, the southern German city will easily be able to compete with Berlin and Hamburg.

- A word from our sponsors -

Most Popular

More from Author

Create a chatbot – step by step to your own chatbot

5/5(1)Constant availability is an essential element of customer retention today and in times of global demands that means 24/7. At the same time, hardly any company can afford to have employees available for customer support and requests. customers at any time of the day or night. It is possible to process many standardized inquiries with

This is how the German offices were permanently made more digital

The corona pandemic has triggered a sustained push towards digitization in German companies. About one in two people (49%) say that Corona has accelerated the digitization of their business model. This is one of the most important findings of a representative survey of 1,102 companies with 20 or more employees from all economic sectors on

metaverse? How does it taste? | starter kitchen

Quantum computers, cryptocurrencies, chat bots: digitization goes hand in hand with numerous technical terms. But many cannot keep up with the ever-expanding dictionary of digitization. 75% of Germans have never heard of the Metaverse. While 15% have heard the term before, only 4% dare to explain it. Even Web3 and blockchain are still a mystery

Now the digital competition is getting fiercer

In view of the abundance of trouble spots, Achim Berg of the digital lobby association Bitkom called for "digital solutions to be used comprehensively and immediately". “With digital technologies we can move the world. These current momentous challenges can only be tackled digitally. It will only work with and not without and certainly not against

- A word from our sponsors -

Read Now

Create a chatbot – step by step to your own chatbot

5/5(1)Constant availability is an essential element of customer retention today and in times of global demands that means 24/7. At the same time, hardly any company can afford to have employees available for customer support and requests. customers at any time of the day or night. It is possible to process many standardized inquiries with

This is how the German offices were permanently made more digital

The corona pandemic has triggered a sustained push towards digitization in German companies. About one in two people (49%) say that Corona has accelerated the digitization of their business model. This is one of the most important findings of a representative survey of 1,102 companies with 20 or more employees from all economic sectors on

metaverse? How does it taste? | starter kitchen

Quantum computers, cryptocurrencies, chat bots: digitization goes hand in hand with numerous technical terms. But many cannot keep up with the ever-expanding dictionary of digitization. 75% of Germans have never heard of the Metaverse. While 15% have heard the term before, only 4% dare to explain it. Even Web3 and blockchain are still a mystery

Now the digital competition is getting fiercer

In view of the abundance of trouble spots, Achim Berg of the digital lobby association Bitkom called for "digital solutions to be used comprehensively and immediately". “With digital technologies we can move the world. These current momentous challenges can only be tackled digitally. It will only work with and not without and certainly not against

Die besten Homepage-Baukasten im Vergleich (Liste 01/2023)

4.51/5 (43) Homepage-Baukasten im Überblick – unsere Liste der besten Webbaukästen für Gründer & Startups, inkl. Kurzbeschreibung, für wen optimal, Links, Tipps und Highlights. So als Grundregel: Für die Besucher gilt immer – „was nicht professionell aussieht, kann auch nicht professionell sein“. Wer aber als Existenzgründer nicht ein paar tausend Euro für einen Designer und

Becoming self-employed as an IT consultant – the most important points

5/5(7) Enthusiasm for technical solutions, ability to relate to people and provide them with the solution to their problem: this is what characterizes an IT consultant. Your clients, but also the activities and teams you work with change with each new project. The topics required are varied, and a specialization is probably worth considering. Network

Online banking becomes smartphone banking | starter kitchen

Classic online banking is becoming smartphone banking. For the first time, two-thirds (67%) of online banking users are using their mobile phones. One year ago it was 64%, three years ago it was only 52%. For the first time, half of people over 65 who bank online are using their smartphone to do so. A

What you've always wanted to know: so that the Metaverse doesn't remain a bohemian village

The metaverse or metaverse is currently considered to be the future of the internet in the tech scene. However, the term is still largely unknown in the German economy. Just over half of companies (55%) say they've never heard of the Metaverse. 17 percent have heard the term before, but don't know exactly what it

Startups are full of confidence | starter kitchen

In the past two years, the situation for startups in Germany has improved. This is what 42% of tech startup founders say. Another 40 percent see no change, and only 12 percent complain about the deteriorating situation for start-ups. These are the results of a survey of around 150 technology startups commissioned by the digital

Heating, air conditioning, hot water: how companies can save energy

Does everyone in an office building turn on the heaters themselves or is the temperature automatically controlled based on the weather conditions and the respective room usage? Is the air conditioning running at full blast as the summer sun warms the rooms through the large windows or do the blinds automatically lower to keep things

Tips for your career: Many companies rely solely on digital applications

By email, online tool and video call: The use of digital technologies in the application process is standard. Every company in Germany now allows job applicants to apply for jobs online. Four out of ten companies (42%) even rely exclusively on digital application documents. This is at least partially the case for the remaining 58%.

German IT companies want to increase the proportion of women, but nobody feels responsible

The digital economy wants to promote women more. 24 percent of companies have set goals to increase the proportion of women. Another 14 percent are planning it in concrete terms, and 29 percent are currently discussing it. For 29% of companies, however, these goals will not be a problem in the future either. These are