Munich is Germany’s second startup ecosystem with a variety of industries including design and music. Throughout the last few years, it has become one of the best cities in Germany to start a business. It has become a hotspot for startups ranging from software to fitness.
What is the Main Industry in Munich?
The cultural and creative industry is an important part of Munich’s economy. Alongside the most profitable subsectors like film, literature, software, games, and advertising, Munich is also highly ranked nationally and internationally for design and the music industry.
Why is Munich Considered One of the Best Startup Cities in Germany?
Munich is a hugely appealing location for start-up businesses and investors. The biggest reason for this is because Munich has a strong infrastructure. The city centre is filled with modern offices and co-working spaces with great views, beautiful backyards and roof terraces.
The city of Munich offers a variety of funding programs and financial support opportunities for startups. However, it’s not just the government that can aid startups. Many investors and federations support founders in developing their ideas and also give advice. For example, accelerator programs operate in Munich, offering startup mentorship, resources, and seed funding in exchange for equity.
10 Startups To Watch in Munich, Germany
We dived into the Munich startup scene and came across several businesses that were doing things differently. So here are some startups we thought you should check out:
1. TreasureHunter
TreasureHunter offers to acquire and optimise your content, all the while preserving the site’s DNA, which is known and loved by its regular consumers. It also finds a way to make it visible to a larger audience through AI-inclined technology, making you financially independent.
This startup sets a clear example of how business and cultural events may be entwined to give way to a new manner of interdisciplinary ties.
2. UbiMaster
UbiMaster offers almost immediate live tutoring that is oriented towards a specific problem the user describes. They attack the specific topic that is causing problems rather than giving a class covering the general points of the subject, and they are always available to do so. Their teachers go through a multi-stage screening process, so you are sure to get the best teacher available.
3. NEOsphere Biotechnology
NEOsphere Biotechnologies is creating value by creating small molecule degraders as therapeutic agents targeting untapped disease targets. They created state-of-the-art mass spectrometry tools to screen an unparalleled chemical landscape and link novel degraders to proteomes that were unreachable.
This startup is at the forefront of medical innovation; by mapping the mechanisms by which diseases are caused, they can detect and track biomarkers, develop medications, and potentially even prevent illness.
4. Onyo
Onyo enables companies to provide their employees with support while working remotely. Their solution to the new working situation is to offer companies an individual portal for employees and aid in the transition into the new global working culture.
Employers are just as responsible for the workplace at home as they are in the office. The home office must become more professional to prevent health damage, meet occupational health and safety requirements and retain employees. This is where Onyo’s platform comes into play. They provide equipment and take care of delivery, installation, and legal requirements.
They also have a virtual risk assessment to check the safety and health of remote workers.
5. DriverHero
Driverhero aims to simplify the process of deliveries, transportation needs, and the search for jobs. They intend to connect businesses and drivers through a simple app. However, they are not limited only to transportation or deliveries. They also offer jobs in logistics, production, and services.
6. Planqc
Planqc team members bring together decades of study on neutral-atom quantum technologies from all over the globe. Their quantum computers are based on the accuracy of the best atomic clocks and quantum gas microscopes in the world. Planqc is also the first startup to come out of the Munich Quantum Valley ecosystem. Atoms are used in artificial light crystals in these quantum computers, which is the quickest approach to scale to a useful quantum advantage.
7. Greenforce
Greenforce offers customers a new and sustainable approach to food production. One of the greatest pollutants in the world is the meat industry, because of the amount of food and space that cow farms require. Greenforce is rethinking the food market, and they offer vegan and sustainable products to protect the environment and give an answer to the problem that is food production.
8. Insempra.bio
Insempra is a biotechnology-powered company enabling businesses to transform the ingredients they use in their products with superior products made in collaboration with nature. Technology and bioscience are the bases from which they grow materials for new and improved products. Insempra plans to lead the regenerative revolution, and they are doing so by setting back the balance between mankind and the world.
9. Zing Coach
Zing Coach offers a simple solution to the great need for physical exercise. This mobile app allows for individualised training and specific workout programmes with the benefit of the help of a virtual coaching system made by world-class fitness experts. If you require quality training for an affordable price, and you also want to work out at home, Zing Coach is ideal for you.
10. 42Watt
This startup helps and guides your home power renovations through an approach focused on efficiency and sustainability. To that purpose, they created a Roadmap of Individual Rehabilitation which shows what changes are necessary and offers the best solutions to the energy crisis. Through their guidance, 42Watt enables builders to renovate their homes faster and more sustainably.
