Top Fast-Growing Munich Startups to Watch [2023]

Have you ever wondered who is on the list of companies with the highest growth rates in Munich?

You’re not alone.

There are hundreds of companies founded there, and it can be challenging to keep track of the hottest new startups.

But don’t worry, we’ve got you covered. Here are the top 145 fast-growing startups in Munich that have top-tier venture capital funding.

Top 145 Fastest-Growing Startups In Munich

1) Celonis

Celonis offers an Execution Management System that aids businesses in managing their operations.

Details of the startup:

• Started in: 2011
• Founders: Alexander Rinke, Bastian Nominacher, Martin Klenk
• Industries: Analytics, Business Intelligence, SaaS, Software
• Number of employees: 1001-5000
• Funding amount: $1,367,500,000
• Number of funding rounds: 4
• Number of investors: 9

You can find their website here.

2) Scalable Capital

Scalable Capital is a risk management firm that specializes in digital asset management.

Details of the startup:

• Started in: 2014
• Founders: Adam French, Erik Podzuweit, Florian Prucker, Manuela Rabener, Patrick Poschl, Simon Miller, Stefan Mittnik
• Industries: Asset Management, Financial Services, FinTech
• Number of employees: 101-250
• Funding amount: € 266,000,000
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

3) FlixBus

FlixBus is a hybrid of a software firm, an e-commerce platform, and a transportation provider.

Details of the startup:

• Started in: 2011
• Founders: Andre Schwammlein, Daniel Krauss, Jochen Engert
• Industries: Public Transportation, Transportation, Travel
• Number of employees: 1001-5000
• Funding amount: $1,213,056,722
• Number of funding rounds: 7
• Number of investors: 16

You can find their website here.

4) OroraTech

OroraTech provides real-time information services to help in wildfire detection and monitoring.

Details of the startup:

• Started in: 2018
• Founders: Björn Stoffers, Florian Mauracher, Rupert Amann, Thomas Grübler
• Industries: Forestry, Image Recognition, Information Services, Software
• Number of employees: 11-50
• Funding amount: € 7,415,000
• Number of funding rounds: 6
• Number of investors: 11

You can find their website here.

5) YFood

YFood is a food-tech company that creates nutrient-dense meals.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $22,600,000

You can find their website here.

6) parcelLab

ParcelLab is a platform for Operations Experience Management that turns complicated data into smart solutions.

Details of the startup:

• Started in: 2015
• Founders: Anton Eder, Julian Krenge, Tobias Buxhoidt
• Industries: Delivery, Logistics, Shipping, Software
• Number of employees: 101-250
• Funding amount: $112,055,104
• Number of funding rounds: 5
• Number of investors: 10

You can find their website here.

7) ATAI Life Sciences

ATAI Life Sciences is a mental health therapy company that discovers novel therapies to meet large unmet medical needs.

Details of the startup:

• Started in: 2018
• Founders: Christian Angermayer, Florian Brand, Lars Christian Wilde, Srinivas Rao
• Industries: Biotechnology, Health Care, Life Science, Therapeutics
• Number of employees: 11-50
• Funding amount: $347,100,000
• Number of funding rounds: 8
• Number of investors: 31

You can find their website here.

8) TWAICE

TWAICE is a battery business that creates analytics tools to improve battery transparency and predictability.

Details of the startup:

• Started in: 2018
• Founders: Michael Baumann, Stephan Rohr
• Industries: Artificial Intelligence, Battery, Information Technology, Predictive Analytics, Software
• Number of employees: 51-100
• Funding amount: € 35,500,000
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

9) Isar Aerospace

Isar Aerospace is a space technology firm that specializes in satellite constellation launch systems.

Details of the startup:

• Started in: 2018
• Founders: Daniel Metzler, Josef Fleischmann, Markus Brandl
• Industries: Aerospace, Information Technology, Space Travel
• Number of employees: 101-250
• Funding amount: $176,718,945
• Number of funding rounds: 3
• Number of investors: 11

You can find their website here.

10) Holidu

Holidu is developing a holiday rental search engine.

Details of the startup:

• Started in: 2014
• Founders: Johannes Siebers, Michael Siebers, Rasmus Porsgaard
• Industries: Search Engine, Travel, Vacation Rental
• Number of employees: 101-250
• Funding amount: $100,363,206
• Number of funding rounds: 6
• Number of investors: 12

You can find their website here.

11) Avi Medical

Avi Medical is a telemedicine business that specializes in digital health care.

Details of the startup:

• Started in: 2020
• Founders: Christoph Baumeister, Julian Kley, Vlad Lata
• Industries: Health Care, Medical, mHealth, Personal Health
• Number of employees: 11-50
• Funding amount: € 38,500,000
• Number of funding rounds: 3
• Number of investors: 8

You can find their website here.

12) Alasco

Alasco is a digital corporation that provides financial management to business owners.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $8,456,135

You can find their website here.

13) SimScale

SimScale is a 3D simulation platform that runs on the web.

Details of the startup:

• Started in: 2012
• Founders: Alexander Fischer, Anatol Dammer, David Heiny, Johannes Probst, Vincenz Dölle
• Industries: 3D Technology, CAD, Cloud Computing, Internet, Product Design, Simulation, Software
• Number of employees: 101-250
• Funding amount: € 52,000,000
• Number of funding rounds: 6
• Number of investors: 9

You can find their website here.

14) IDnow

IDnow is a startup that offers superior machine-learning technologies as part of its Identity Verification-as-a-Service platform.

Details of the startup:

• Started in: 2014
• Founders: Armin Bauer, Dennis von Ferenczy, Felix Haas, Sebastian Baerhold
• Industries: Cloud Data Services, Identity Management, Information Technology, Internet, Legal, Machine Learning, Real Time, Security
• Number of employees: 101-250
• Funding amount: $58,163,544
• Number of funding rounds: 7
• Number of investors: 9

You can find their website here.

15) tado°

Tado° provides smart thermostats and apps that adapt to residents’ real-time activity in private homes and small companies.

Details of the startup:

• Started in: 2011
• Founders: Christian Deilmann, Johannes Schwarz, Leopold von Bismarck, Valentin Sawadski
• Industries: Clean Energy, Smart Building, Smart Home
• Number of employees: 101-250
• Funding amount: $157,482,651
• Number of funding rounds: 9
• Number of investors: 15

You can find their website here.

16) xbAV

xbAV is a technology business that specializes in the digitization of company pension plans.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $54,367,662

You can find their website here.

17) Demodesk

For inside sales and customer care teams, Demodesk is the first intelligent online meeting tool.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $10,600,000

You can find their website here.

18) KONUX

Konux is a software platform that use smart sensors and machine learning to keep railway switches in good working order.

Details of the startup:

• Started in: 2014
• Founders: Andreas Kunze, Dennis Humhal, Maximilian Hasler, Michael Wax, Vlad Lata
• Industries: Artificial Intelligence, Information Technology, Machine Learning, Railroad, Software
• Number of employees: 51-100
• Funding amount: $130,614,116
• Number of funding rounds: 10
• Number of investors: 23

You can find their website here.

19) Tubulis Technologies

Tubulis Technologies creates protein-drug conjugates that are perfectly matched.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $13,824,063

You can find their website here.

20) finn.auto

finn.auto offers monthly car memberships as a way to develop a more sustainable mode of transportation.

Details of the startup:

• Started in: 2019
• Founders: Andreas Wixler, Hans-Peter Ringer, Max-Josef Meier, Maximilian Wühr, Nikolai Schröder
• Industries: Automotive, Leasing
• Number of employees: 11-50
• Funding amount: € 28,800,000
• Number of funding rounds: 3
• Number of investors: 8

You can find their website here.

21) TIMIFY

Businesses use TIMIFY appointment scheduling software to make their services bookable online.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $12,649,026

You can find their website here.

22) Westwing

Westwing is a home and living e-commerce business that sells home decor items.

Details of the startup:

• Number of employees: 1001-5000
• Funding amount: $237,498,239

You can find their website here.

23) Toposens

Toposens develops near-field 3D ultrasonic vision technology for robotics and autonomous vehicles that is both extremely reliable and low-cost.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,240,019

You can find their website here.

24) ProGlove

ProGlove creates cutting-edge industrial wearables that help manufacturing and logistics workers perform more efficiently, safely, and effectively.

Details of the startup:

• Started in: 2014
• Founders: Alexander Grots, Jonas Girardet, Manuel Boenisch, Paul Günther, Thomas Kirchner
• Industries: Automotive, Industrial, Logistics, Manufacturing, Supply Chain Management, Wearables
• Number of employees: 101-250
• Funding amount: $49,076,900
• Number of funding rounds: 6
• Number of investors: 5

You can find their website here.

25) UX3D

In 3D, UX3D offers GPU-based products and solutions for disruptive technologies such as AI, XR, and eCommerce.

Details of the startup:

• Started in: 2017
• Founders: Norbert Nopper, Thomas Kress
• Industries: 3D Technology, Artificial Intelligence, Augmented Reality, Virtual Reality
• Number of employees: 11-50
• Funding amount: € 990,000
• Number of funding rounds: 4
• Number of investors: 1

You can find their website here.

26) NavVis

NavVis is a global provider of enterprise-level indoor spatial intelligence solutions.

Details of the startup:

• Started in: 2013
• Founders: Felix Reinshagen, Georg Schroth, Robert Huitl, Sebastian Hilsenbeck
• Industries: Indoor Positioning, Information Technology, Location Based Services, Navigation, Software
• Number of employees: 101-250
• Funding amount: $68,248,577
• Number of funding rounds: 6
• Number of investors: 9

You can find their website here.

‍27) Sono Motors

Sono Motors is a company that provides transportation and energy services all over the world.

Details of the startup:

• Started in: 2016
• Founders: Jona Christians, Laurin Hahn, Navina Pernsteiner
• Industries: Automotive, B2B, B2C, CleanTech, Electric Vehicle, Manufacturing, Mobile Apps, Solar, Transportation
• Number of employees: 101-250
• Funding amount: $126,588,253
• Number of funding rounds: 6
• Number of investors: 7

You can find their website here.

28) EGYM

EGYM uses high-tech software to develop and construct the most advanced smart connected strength training equipment.

Details of the startup:

• Started in: 2010
• Founders: Florian Sauter, Philipp Roesch-Schlanderer
• Industries: Fitness, Sports, Wellness
• Number of employees: 251-500
• Funding amount: $143,471,520
• Number of funding rounds: 6
• Number of investors: 7

You can find their website here.

29) Global Savings Group

The Global Savings Group (GSG) is Europe’s largest shopping incentives firm, enabling individuals to buy more wisely.

Details of the startup:

• Started in: 2012
• Founders: Adrian Renner, Andreas Fruth, Gerhard Trautmann, Pedro Clavería
• Industries: Content Delivery Network, Content Discovery, E-Commerce, Internet, Publishing
• Number of employees: 501-1000
• Funding amount: € 65,500,000
• Number of funding rounds: 9
• Number of investors: 7

You can find their website here.

30) ottonova

ottonova is a new digital health insurance company in Germany.

Details of the startup:

• Started in: 2015
• Founders: Frank Birzle, Roman Rittweger, Sebastian Scheerer
• Industries: Health Care, Health Insurance, Insurance
• Number of employees: 101-250
• Funding amount: € 85,000,000
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

‍31) Building Radar

Building Radar is a website that gives thorough information about construction projects and the companies that are involved.

Details of the startup:

• Started in: 2014
• Founders: Artem Ostankov, Leopold Neuerburg, Paul Indinger, Raoul Friedrich
• Industries: Artificial Intelligence, Big Data, Construction, Lead Generation
• Number of employees: 11-50
• Funding amount: € 5,000,000
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

32) Air Up

Air Up is the world’s first drinking bottle that flavors pure water just by smell.

Details of the startup:

• Started in: 2018
• Industries: Food and Beverage, Sustainability
• Number of employees: 51-100
• Funding amount: € 18,000,000
• Number of funding rounds: 4
• Number of investors: 7

You can find their website here.

33) Cluno

Cluno is an online automobile rental subscription service that offers rental cars without any obligations.

Details of the startup:

• Started in: 2017
• Founders: Andreas Schuierer, Christina Maria Polleti, Nico Polleti
• Industries: Automotive, E-Commerce, Rental, Service Industry, Subscription Service
• Number of employees: 51-100
• Funding amount: $190,190,965
• Number of funding rounds: 4
• Number of investors: 3

You can find their website here.

34) JenaValve Technology

JenaValve Technology creates transapical and transfemoral transcatheter aortic valve implantation (TAVI) systems.

Details of the startup:

• Started in: 2006
• Founders: Hans-Reiner Figulla, Ronald Reich
• Industries: Health Care, Medical, Medical Device
• Number of employees: 101-250
• Funding amount: $191,067,861
• Number of funding rounds: 8
• Number of investors: 14

You can find their website here.

35) Usercentrics

Usercentrics is a legal technology SaaS provider situated in Munich, Germany, that is changing the method to safeguard compliant data through consent management.

Details of the startup:

• Started in: 2018
• Founders: Jürgen Weichert, Lisa Gradow, Mischa Rurup, Vinzent Ellissen
• Industries: Cyber Security, Digital Marketing, Identity Management, Law Enforcement, Legal, Legal Tech, Marketing Automation, Privacy, SaaS, Software
• Number of employees: 101-250
• Funding amount: € 21,000,000
• Number of funding rounds: 3
• Number of investors: 7

You can find their website here.

36) Limehome

Limehome transforms commercial buildings into chic apart-hotels that are managed through their technology platform for business and leisure tourists.

Details of the startup:

• Started in: 2018
• Founders: Josef Vollmayr, Lars Stabe
• Industries: Business Travel, Hospitality, Hotel, Tourism, Travel, Travel Accommodations
• Number of employees: 51-100
• Funding amount: € 36,000,000
• Number of funding rounds: 3
• Number of investors: 4

You can find their website here.

37) Riskmethods

Riskmethods makes risk exposures in 1-n-tier supply chains completely transparent.

Details of the startup:

• Started in: 2013
• Founders: Heiko Schwarz, Rolf Zimmer
• Industries: SaaS, Software
• Number of employees: 101-250
• Funding amount: $24,269,764
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

38) Holoride

By combining XR with vehicle movement and navigation data, Holoride transforms automobiles into moving theme parks.

Details of the startup:

• Started in: 2018
• Founders: Daniel Profendiner, Marcus Kühne, Nils Wollny
• Industries: Automotive, Digital Entertainment, Digital Media, Software, Virtual Reality
• Number of employees: 11-50
• Funding amount: € 10,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

39) insureQ

InsureQ is an insurance firm that caters to the needs of SMEs, freelancers, and startups.

Details of the startup:

• Started in: 2019
• Founders: Alexander Marius Le Prince, Iven Schorr, Johannes Breulmann, Laibing Yang, Luisa Müller-Wittmann
• Industries: Financial Services, FinTech, Insurance, InsurTech
• Number of employees: 11-50
• Funding amount: € 5,000,000
• Number of funding rounds: 2
• Number of investors: 4

You can find their website here.

40) 21strategies

21strategies uses deep technology and artificial intelligence to turn huge worldwide corporations’ Treasury Operations into profit centers.

Details of the startup:

• Started in: 2020
• Founders: Dr. Christian Brandlhuber, Dr. Scott Muller, Prof. Yvonne Hofstetter
• Industries: Artificial Intelligence, Finance, Financial Exchanges, Financial Services, FinTech, SaaS
• Number of employees: 1-10
• Funding amount: € 1,500,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

41) Loyalty Prime

Loyalty Prime is a global provider of cutting-edge customer loyalty solutions for businesses.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $7,007,513

You can find their website here.

42) YFood Labs

YFood Labs is a food-tech company that creates smart food solutions for today’s consumers.

Details of the startup:

• Started in: 2017
• Founders: Benjamin Kremer, Noel Bollmann
• Industries: Food and Beverage, Food Processing, Nutrition
• Number of employees: 51-100
• Funding amount: $22,600,000
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

43) In Mind Cloud

In Mind Cloud (inmindcloud.com) is a privately held company that offers a cutting-edge manufacturing sales platform.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $22,324,525

You can find their website here.

44) Shore

Shore is a software company that specializes on digital solutions for small businesses.

Details of the startup:

• Started in: 2012
• Founders: Alexander Henn, Philip Magoulas, Sebastian Nienaber
• Industries: CRM, Payments, Point of Sale, Retail, SaaS, Service Industry, Small and Medium Businesses, Software
• Number of employees: 251-500
• Funding amount: € 11,550,000
• Number of funding rounds: 7
• Number of investors: 16

You can find their website here.

45) Mylivn

Mylivn is a lifestyle platform that allows people to construct their own micro-networks, making social life easier.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $6,231,710

You can find their website here.

46) Luminovo

Luminovo is a software-as-a-service company that is developing an electronics operating system for EMS, OEMs, and distributors in order to expedite technical advancement.

Details of the startup:

• Started in: 2017
• Founders: Sebastian Schaal, Timon Ruban
• Industries: Electronics, SaaS, Software
• Number of employees: 11-50
• Funding amount: € 4,800,000
• Number of funding rounds: 7
• Number of investors: 16

You can find their website here.

47) Roadsurfer

Roadsurfer is a campervan rental company with more than 13 locations around Germany and in Paris.

Details of the startup:

• Started in: 2017
• Industries: Leisure, Recreational Vehicles, Rental, Tourism
• Number of employees: 101-250
• Funding amount: € 24,000,000
• Number of funding rounds: 1
• Number of investors: 4

You can find their website here.

48) BuildingRadar

Building Radar is a website that gives thorough information about construction projects and the companies that are involved.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $5,461,436

You can find their website here.

49) KINEXON

For the Internet of Things, real-time location intelligence is available.

Details of the startup:

• Started in: 2012
• Founders: Alexander Hüttenbrink, Maximilian Schmidt, Oliver Trinchera
• Industries: Industrial Automation, Industrial Manufacturing, Information Technology, Internet of Things, Logistics, Software
• Number of employees: 101-250
• Funding amount: € 15,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

50) TeleClinic

TeleClinic is a communication technology that allows doctors and patients to communicate easily and securely across Germany.

Details of the startup:

• Started in: 2015
• Founders: Katharina Juenger, Patrick Palacin, Reinhard Meier
• Industries: Communications Infrastructure, Fitness, Health Care, Health Insurance, Information Technology, Wellness
• Number of employees: 11-50
• Funding amount: € 9,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

51) Mecuris

Mecuris uses a 3D printer to create custom prosthetics and orthoses.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $8,109,922

You can find their website here.

52) Magazino

For warehouse logistics and intralogistics, Magazino creates mobile, perception-driven robots.

Details of the startup:

• Started in: 2012
• Founders: Frederik Brantner, Lukas Zanger, Nikolas Engelhard
• Industries: Industrial Automation, Robotics
• Number of employees: 11-50
• Funding amount: $49,318,388
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

53) Alyne

Alyne is a Munich-based B2B RegTech company that provides risk analysis skills via software as a service to businesses.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,389,152

You can find their website here.

54) DataGuard

DataGuard is a Privacy-as-a-Service provider that helps businesses become and stay compliant with current privacy regulations.

Details of the startup:

• Started in: 2017
• Founders: Kıvanc Semen, Markus Fisseler, Thomas Regier
• Industries: Compliance, Legal, SaaS, Security, Software
• Number of employees: 101-250
• Funding amount: $20,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

55) Kumovis

Kumovis is a company that specializes in medical technologies.

Details of the startup:

• Funding amount: $4,004,008

You can find their website here.

56) Capmo

Capmo is working on an all-in-one construction management software that will make the difficult aspects of building feel simple.

Details of the startup:

• Started in: 2018
• Founders: Florian Biller, Florian Ettlinger, Patrick Christ, Sebastian Schlecht
• Industries: Architecture, Civil Engineering, Construction, Information Technology, Project Management, Real Estate, SaaS, Software
• Number of employees: 51-100
• Funding amount: € 6,800,000
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

57) Combyne

combyne is a social platform for outfit creation. It’s a mix of a game, a useful tool, and a social network.

Details of the startup:

• Started in: 2014
• Founders: Christian Dienst, Karolina Yunusova, Marek Mihok, Miguel Serrano, Philipp Seybold, Worathiti Manosroi
• Industries: Apps, Fashion, Gaming, Generation Z, Social Network, Software
• Number of employees: 11-50
• Funding amount: € 5,940,000
• Number of funding rounds: 5

You can find their website here.

58) remberg

With its cloud-based Asset-Relationship-Management System, remberg digitizes industrial machinery service operations.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,214,849

You can find their website here.

59) Enmacc

Enmacc is an independent OTC energy trading platform that facilitates both sales and trading of energy.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $11,034,630

You can find their website here.

60) klarx

Klarx is the most popular online marketplace for renting construction equipment and heavy machinery.

Details of the startup:

• Started in: 2015
• Founders: Florian Handschuh, Matthias Handschuh, Vincent Koch
• Industries: Building Material, Construction, Rental
• Number of employees: 51-100
• Funding amount: € 16,500,000
• Number of funding rounds: 3
• Number of investors: 8

You can find their website here.

61) Smart Reporting

For structured medical reporting, Smart Reporting provides a digital health solution.

Details of the startup:

• Funding amount: $8,553,894

You can find their website here.

62) Definiens

In the healthcare industry, Definiens delivers image analysis and data mining tools for quantitative digital pathology.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $33,293,022

You can find their website here.

63) agrilution

agrilution is working on smart technologies that will allow you to grow fresh, healthy food in your own house.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $4,930,629

You can find their website here.

64) GNA Biosolutions

GNA Biosolutions is a molecular diagnostics firm that operates on a private basis.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $20,006,110

You can find their website here.

65) InstaMotion Retail

InstaMotion is an automotive startup that offers an online transaction platform for buying new and secondhand cars.

Details of the startup:

• Started in: 2015
• Founders: Darius Ahrabian
• Industries: E-Commerce, Logistics, Transportation
• Number of employees: 11-50
• Funding amount: € 24,000,000
• Number of funding rounds: 1
• Number of investors: 4

You can find their website here.

66) censhare GmbH

Jaguar Land Rover, for example, uses a Universal Content Management platform to communicate with their audience.

Details of the startup:

• Started in: 2001
• Founders: Dieter Reichert, Robert Motzke, Walter Bauer
• Industries: Information Services, Information Technology, Marketing
• Number of employees: 251-500
• Funding amount: € 25,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

67) Censhare

Hundreds of brands rely on Censhare’s content and marketing platforms.

Details of the startup:

• Number of employees: 251-500
• Funding amount: $29,390,499

You can find their website here.

68) Ryte

Ryte is the market leader in Website Quality Management as a Software as a Service (SaaS).

Details of the startup:

• Started in: 2012
• Founders: Andy Bruckschloegl, Jan Hendrik Merlin Reichenbacher, Marcus Tandler, Niels Doerje
• Industries: Internet, SaaS, Search Engine, Software
• Number of employees: 51-100
• Funding amount: € 13,400,000
• Number of funding rounds: 4
• Number of investors: 10

You can find their website here.

69) Blickfeld

LiDAR sensors and detecting software are available from Blickfeld for autonomous mobility and IoT applications.

Details of the startup:

• Started in: 2017
• Founders: Florian Petit, Mathias Muller, Rolf Wojtech
• Industries: Electronics, Manufacturing, Sensor, Software
• Number of employees: 101-250
• Funding amount: $9,950,000
• Number of funding rounds: 3
• Number of investors: 6

You can find their website here.

70) MessengerPeople

MessengerPeople is one of the first professional messaging services providers.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $5,962,503

You can find their website here.

71) Codasip

Codasip is a firm that automates risc-v processor and toolchain customisation.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $15,300,000

You can find their website here.

72) ndgit

ndgit is a platform that connects banks and insurance companies with digital and creative fintech companies.

Details of the startup:

• Started in: 2015
• Founders: Florian Pahl, Oliver Dlugosch
• Industries: Banking, Information Technology, Insurance, Software
• Number of employees: 11-50
• Funding amount: $5,699,397
• Number of funding rounds: 3
• Number of investors: 6

You can find their website here.

73) GreenCom Networks AG

GreenCom Networks is a white-label software-as-a-service provider for the utility industry and energy service firms.

Details of the startup:

• Started in: 2011
• Founders: Christian Feisst, Frank Robert, Mathieu Pinson, Olivier Brie, Sébastien Alegret
• Industries: Energy, Internet of Things, Renewable Energy, SaaS, Software
• Number of employees: 51-100
• Funding amount: € 12,000,000
• Number of funding rounds: 5
• Number of investors: 7

You can find their website here.

74) Makersite GmbH

Makersite is the only cloud-based platform for agile product life cycle management that combines data aggregation and live applications.

Details of the startup:

• Started in: 2018
• Founders: Neil Dsouza
• Industries: Analytics, Big Data, Business Intelligence, Compliance, Data Visualization, Machine Learning, Procurement, Product Management, Software, Supply Chain Management
• Number of employees: 11-50
• Funding amount: € 71,429
• Number of funding rounds: 3
• Number of investors: 3

You can find their website here.

75) Breath-Therapeutics

Breath Therapeutics is a biopharmaceutical startup in clinical development.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $45,870,543

You can find their website here.

76) everstox

For flexible warehouse and fulfillment services across Europe, we offer Logistics-as-a-Service and a technological platform.

Details of the startup:

• Started in: 2019
• Founders: Boris Bösch, Felix Haberland, Johannes Tress
• Industries: Logistics, Warehousing
• Number of employees: 11-50
• Funding amount: € 3,000,000
• Number of funding rounds: 2
• Number of investors: 4

You can find their website here.

77) CRX Markets

CRX Markets is an independent platform that connects Buyers, Suppliers, Banks, and Investors for Asset-Based Financing solutions.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $6,651,434

You can find their website here.

78) Stylight

Stylight is a global online marketplace for the fashion and lifestyle industries.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $1,700,000

You can find their website here.

79) Zeuz

Zeuz aspires to provide the greatest game tech suite for multiplayer games while also assisting game developers with backend technology.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,404,715

You can find their website here.

80) Speexx

Speexx is a digital workplace language learning tool using artificial intelligence.

Details of the startup:

• Number of employees: 251-500
• Funding amount: $5,000,000

You can find their website here.

81) Innoactive

With collaborative VR/AR corporate software, Innoactive empowers worldwide teams.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $5,159,625

You can find their website here.

‍82) Wirelane

Wirelane is an electric mobility service provider that offers a full range of services.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $4,490,199

You can find their website here.

83) ExB

ExB Group is a Cognitive Computing research and technology firm that creates cutting-edge artificial intelligence core technologies.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $11,046,511

You can find their website here.

84) SPENDIT

SPENDIT is a revolutionary employee benefit solution based on tax-free and tax-optimized payments.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $4,953,917

You can find their website here.

85) Travador

Travador.com is a rapidly expanding travel platform that specializes in short and weekend getaways.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $18,500,000

You can find their website here.

86) Alphapet Ventures

Alphapet Ventures is a German-based internet retailer and private label firm that distributes pet food and supplies.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $14,634,744

You can find their website here.

87) Inflight-VR

Inflight VR is a cutting-edge VR technology in travel, with a focus on the aviation industry.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $4,486,316

You can find their website here.

88) Keyp

To create a beautiful user experience, all verification methods are combined into one platform.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $500,000

You can find their website here.

89) corrux

corrux is a software startup that helps businesses get the most out of their industrial equipment.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $3,100,000

You can find their website here.

90) Tangany

Tangany is a European Blockchain infrastructure provider for businesses (B2B SaaS).

Details of the startup:

• Number of employees: 11-50
• Funding amount: $221,837

You can find their website here.

91) RideBee

RideBee is building a platform for businesses that facilitates the development of employee carpools and streamlines their everyday operations.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $261,665

You can find their website here.

92) Rencore

Rencore provides insights and actionable guidance to help businesses maintain control over their SharePoint and Office365 systems.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,733,324

You can find their website here.

93) Apostera

Apostera is a global automobile company that offers a variety of unique products.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $1,000,000

You can find their website here.

94) gridX

gridX creates Internet of Things (IoT) solutions for the energy industry.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $59,464

You can find their website here.

95) XOLUTION

XO is a novel solution that allows you to reseal traditional cans.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $48,875,961

You can find their website here.

96) Libify

Libify specializes in emergency call, location, and tracking systems for mobile devices.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $6,954,110

You can find their website here.

97) CryptoTax

For all digital assets, tax reporting and compliance options are available.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $1,053,372

You can find their website here.

98) Fraunhofer

Fraunhofer-Gesellschaft is a German research organization specializing on health, security, communications, and the environment.

Details of the startup:

• Number of employees: 10001
• Funding amount: $1,318,967

You can find their website here.

99) Silicon Line

Silicon Line develops ultra-low-power optical link technologies for the mobile and consumer electronics markets.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $28,255,030

You can find their website here.

100) NFON

NFON is a cloud-based telephone system provider.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $10,457,852

You can find their website here.

101) Keller-Sports

Keller Sports sells tennis, jogging, fitness, outdoor, and wintersport equipment online.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $5,609,141

You can find their website here.

102) Bilendo

Bilendo is a receivables management and debt collection tool that helps businesses reduce credit risk and make automated decisions.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $806,903

You can find their website here.

‍103) Workpath

Workpath enables businesses to move more quickly from strategic goals to business outcomes.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

104) cloudeo

cloudeo is a web-based platform that allows users to create, understand, and use geo-data.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,834,734

You can find their website here.

105) Veact

VEACT is developing data-driven marketing systems, processes, and products to increase sales success in the automotive industry.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,040,484

You can find their website here.

106) 21Diamonds

21Diamonds is an online jewelry company that sells high-end diamond, gold, and silver jewelry as well as accessories.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $6,386,821

You can find their website here.

107) Strydal

Strydal is a community of self-employed yoga and fitness instructors.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $944,739

You can find their website here.

108) Isarna Therapeutics

Isarna Therapeutics is a biotechnology business based in the United States.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $124,222,924

You can find their website here.

109) Smartlane

Smartlane Transport Intelligence is a cloud-based platform that automates and optimizes transportation processes in real time.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $264,637

You can find their website here.

110) AlfaDocs

AlfaDocs is cloud-based dental office administration and marketing software.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,242,726

You can find their website here.

111) treefin

Treefin is a mobile app that helps you arrange your finances.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $788,119

You can find their website here.

112) Hawa Dawa

A revolutionary ground-to-space air quality analytics platform aimed at putting data-driven environmental insights at the center of urban resilience management.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $58,706

You can find their website here.

113) CARSYNC

CARSYNC is a company that provides commercial mobility services as well as residential carsharing.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $5,578,739

You can find their website here.

‍114) MotionsCloud

MotionsCloud is a property and vehicle insurance claims automation engine powered by artificial intelligence.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $40,000

You can find their website here.

115) Bernstein

Using blockchain technology, Bernstein enables businesses to generate a digital trail of records for their innovation processes.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $314,637

You can find their website here.

116) Renetti

Renetti is an omni-channel platform that connects product designers, suppliers, logistics providers, and dealers to create personalized furniture.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $1,420,000

You can find their website here.

117) Reactive-Robotics

Intelligent robotics are being developed by Reactive Robotics for the very early movement of ICU patients.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,500,000

You can find their website here.

118) SMASHDOCs

SMASHDOCs is a web-based word processing application that allows you to write and evaluate documents fast and effortlessly.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,084,559

You can find their website here.

119) Voycer

In the sector of consumer interaction platforms, Voycer is a full-service supplier.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $8,915,961

You can find their website here.

120) carpooling

Carpooling.com is a European ride-sharing network that can be accessed through a computer, mobile phone, or social media platform.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $10,000,000

You can find their website here.

121) VoltStorage

VoltStorage’s aim was and continues to be to make renewable energy accessible to everyone, 24 hours a day, seven days a week, to enable a green, sustainable, and equitable future.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $85,651

You can find their website here.

122) Makersite

Makersite is a data software firm that creates product data management systems for manufacturers all around the world.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $81,868

You can find their website here.

123) Caremondo

Caremondo is a curated internet marketplace for medical tourism patients looking for high-quality clinics in other countries.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $1,719,532

You can find their website here.

124) prettysocialmedia

prettysocial media is a platform for sharing and distributing social media material.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $5,633,989

You can find their website here.

125) Saffe

For payments and financial services, facial recognition is used.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $109,724

You can find their website here.

126) Brabbler

Brabbler creates IT-based communication solutions that are both current and safe.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $15,000,000

You can find their website here.

127) RECUP

RECUP is a reusable coffee-to-go cup deposit system.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $205,946

You can find their website here.

128) Tubulis

Tubulis Technologies creates protein-drug conjugates that are perfectly matched.

Details of the startup:

• Funding amount: $1,481,545

You can find their website here.

129) Airgreets

Airgreets provides professional and comprehensive Airbnb rental management.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,241,244

You can find their website here.

‍130) Siqens

Siqens is a self-sufficient energy systems start-up based in Germany.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,755,487

You can find their website here.

131) 3dTrust

3dTrust assists businesses in incorporating 3D printing into their supply chain.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $1,119,068

You can find their website here.

132) Freework

Freework creates a method for managing freelancers.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $719,471

You can find their website here.

133) Thermosome

Using its patented medication delivery technology, Thermosome is developing therapeutic candidates.

Details of the startup:

• Funding amount: $5,242,308

You can find their website here.

134) Soley

Soley creates the most effective software for optimizing complicated product diversity.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $26,900

You can find their website here.

135) Smart Mobile Labs

Smart Mobile Labs is a live video orchestration program for events, public safety, and linked cars that works in real time.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $335,960

You can find their website here.

136) RE-FLEKT

RE-FLEKT allows any company or industry to develop their own augmented and virtual reality applications in-house.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $5,811,858

You can find their website here.

137) tacterion

tacterion is a high-tech company that creates and sells tactile sensors.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $30,471

You can find their website here.

138) sensation

An omnichannel feedback software firm that assists businesses in making better decisions.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $938,643

You can find their website here.

139) tacto

By creating the first intelligent automation engine for strategic procurement, tacto allows procurement teams to focus on what counts.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

140) Cobrainer GmbH

Cobrainer creates a global marketplace for expert-to-expert expertise exchanges.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

141) VISCOPIC

VISCOPIC develops software for 3D and augmented reality.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

142) StoryBox

Businesses can use StoryBox’s Software as a Service offering to create, share, and structure video content.

You can find their website here.

143) Bullfinch Asset

Bullfinch Asset is a FinTech platform that aggregates, finances, and manages green and sustainable infrastructure projects.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

144) Younikat

Younikat is a company that makes pet food.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

145) Kitekraft

Kitekraft specializes in the design and development of low-cost flying wind turbines for the production of electrical energy and electricity generation.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $125,000

You can find their website here.

FAQs

What Is The Average Investment In Munich?

The average startup investment in Munich was €50,000. This figure includes the cost of setting up the business, as well as any initial marketing and advertising expenses.

Is Munich A Good State To Start A Business?

Munich is generally a good place to start a business due to the city’s strong economy and supportive business environment. Additionally, the city offers a variety of resources and programs that can help new businesses get started and grow.

How Many Startups Are There In Munich?

According to a report by the German startup association Startup Bundesverband, there were around 3,700 startups in Munich in 2017. This figure is likely to have increased in the intervening years.