Top Fast-Growing Munich Startups to Watch [2023]
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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.
Table of Contents
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.
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