69 Munich Startups to Watch (and Work for) in 2023
The Munich tech sector in Europe booming. In 2022, Munich raised $2.9 Billion in capital (after raising $5.1 Billion in 2021). Whether you're an experienced investor, a determined founder, or a resourceful operator this year's list of top 69 tech startups is worth exploring. It includes companies of various sizes, ranging from those experiencing rapid growth to smaller, creative startups.
Last update: September 12, 2023
Featured companies in Munich
Get access to the Seedtable database with +15,000 companies (342 from Munich)Featured
Ultra-fast EV chargers.
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Latest Funding
$160 Million · Series C
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Employees
11 to 50
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Investors
Infrared Capital Partners
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Industries
Mobility & Transportation, Energy & Nuclear
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Locations
Munich
-
Contact
•••••@jolt.energy
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Featured
Launch vehicle to transport small and medium-sized satellites.
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Latest Funding
$170 Million · Series C
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Employees
251 to 500
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Investors
Vito Ventures, Porsche, Lakestar, UVC Partners, Bayern Kapital, HV Capital, Vsquared Ventures, Earlybird Venture Capital
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Business Model
B2B
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Industries
Space Tech, Mobility & Transportation, Manufacturing
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Locations
Munich
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Contact
•••••@isaraerospace.com
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Featured
Developer of bio-fabricated silk protein materials.
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Latest Funding
$27 Million · Series C
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Employees
11 to 50
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Investors
Novo A/S
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Business Model
B2B
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Industries
Health Tech, Biotech, Manufacturing
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Locations
Munich
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Contact
•••••@amsilk.com
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List of 69 top tech companies in Munich
Get access to the Seedtable database with +15k companies (342 from Munich)Developer of bio-fabricated silk protein materials.
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Latest Funding
$27 Million · Series C
-
Industries
Health Tech, Biotech, Manufacturing
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Locations
Munich
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Employees
11 to 50
-
Business Model
B2B
-
Investors
Novo A/S
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Contact
•••••@amsilk.com
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Autonomous truck operating systems.
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Latest Funding
$31 Million · Series A
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Industries
Mobility & Transportation, Supply Chain & Logistics
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B
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Investors
Fly Ventures, Speedinvest
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Contact
•••••@fernride.com
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The Mobility House enables the integration of vehicle batteries into the power grid via intelligent charging, energy, and storage solutions.
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Latest Funding
$50 Million · Series C
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Industries
Climate Tech & Green Tech, Hardware, Deep Tech, Energy & Nuclear, Manufacturing, Electric Vehicles
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B
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Investors
Alliance
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Contact
•••••@mobilityhouse.com
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Konux is a software platform that uses smart sensors and machine learning to efficiently maintain railway switches.
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Latest Funding
$80 Million
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Industries
Data and Analytics, Mobility & Transportation
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Sanno Capital, New Enterprise Associates
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Contact
•••••@konux.com
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Driver interaction platform.
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Latest Funding
$23 Million · Series A
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Industries
Adtech, Mobility & Transportation, Sales and Marketing
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, B2C, SAAS, MARKETPLACE
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Investors
Continental
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Contact
•••••@4screen.com
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E-mobilio is a consulting and mediation platform for electromobility.
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Latest Funding
$10 Million · Series A
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Industries
Media and Entertainement, Mobility & Transportation, Ecommerce
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Locations
Munich
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Employees
11 to 50
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Business Model
B2C, MARKETPLACE
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Investors
Wi Venture, SET Ventures, seed + speed Ventures
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Contact
•••••@e-mobilio.de
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Innovative immunotherapies developer for cancer patients.
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Latest Funding
$52 Million
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Industries
Health Tech, Biotech, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
Forbion Capital Partners, Vesalius Biocapital Partners, Novartis Venture Fund, Bayern Kapital, Coparion
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Contact
•••••@catalym.com
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IONITY makes long-distance travel with electric vehicles an enjoyable experience.
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Latest Funding
$790 Million
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Industries
Mobility & Transportation, Energy & Nuclear, Manufacturing
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B
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Investors
BMW i Ventures
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Contact
•••••@ionity.eu
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Volocopter is an urban air mobility service provider that builds electric air taxis.
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Latest Funding
$180 Million · Series E
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Industries
Deep Tech, Mobility & Transportation, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
btov Partners
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Contact
•••••@volocopter.com
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Produces industrial smart wearables and intralogistics freehand workflows.
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Latest Funding
$5 Million · Seed
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Industries
Hardware, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
Alpha Future Funds
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Contact
•••••@nimmsta.com
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Virtual reality gaming platform.
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Latest Funding
$9 Million · Series A
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Industries
Gaming, AR / VR
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Locations
Munich
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Employees
51 to 100
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Business Model
B2C
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Investors
Cherry Ventures
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Contact
•••••@hologate.com
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Manufacturer of commercial energy storage systems with used EV batteries.
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Latest Funding
$19 Million · Series B
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Industries
Climate Tech & Green Tech, Energy & Nuclear
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
EIC Accelerator, Nordic Alpha Partners
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Contact
•••••@stabl.com
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Charging infrastructure solutions and products for electric vehicles.
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Latest Funding
$12 Million · Series B
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Industries
Climate Tech & Green Tech, Mobility & Transportation
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
-
Investors
UVC Partners, Bayern Kapital
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Contact
•••••@chargex.de
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Developer of environment-friendly fusion energy tecnology.
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Latest Funding
$39 Million
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Industries
Energy & Nuclear, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
Earlybird Venture Capital
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Contact
•••••@marvelfusion.com
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Innovative execution management systems for businesses.
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Latest Funding
$400 Million · Series D
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Industries
Business Intelligence, Creative Tools
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Locations
Munich
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Employees
1001 to 5000
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Business Model
B2B, SAAS
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Investors
Durable Capital Partners, Qatar Investment Authority, Splunk Ventures, 83North, Accel
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Contact
•••••@celonis.com
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Manufacturer of sustainable biological binding of materials.
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Latest Funding
$11 Million · Series B
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Industries
Biotech, Deep Tech
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
HG Ventures, High-Tech Gründerfonds
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Contact
•••••@bind-x.com
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AI-embedded perception software to handle deformable materials.
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Latest Funding
$7.7 Million · Series A
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Industries
AI, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
Apex Ventures, CNB Capital, Bayern Kapital, High-Tech Gründerfonds, 28
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Contact
•••••@sewts.com
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Transforming waste into energy.
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Latest Funding
$27 Million
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Industries
Hardware, Energy & Nuclear, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
Wellington Partners
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Contact
•••••@orcan-energy.com
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Manufacturer of sustainable cleaning products.
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Industries
Climate Tech & Green Tech, CPG & Consumer Goods, Manufacturing, Ecommerce
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Locations
Munich
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Employees
51 to 100
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Business Model
B2C
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Investors
Felix Capital, HV Capital, Vorwerk Ventures
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Contact
•••••@everdrop.de
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Developer of chemotherapeutic drugs designed to fight against cancer and chronic diseases.
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Latest Funding
$65 Million
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Industries
Health Tech, Biotech, Deep Tech
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
BioMedPartners, Andera Partners, Seventure Partners, Bayern Kapital, Coparion, High-Tech Gründerfonds
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Contact
•••••@tubulis.com
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One-stop digital health insurance solution.
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Latest Funding
$34 Million · Series F
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Industries
Health Tech, Insuretech
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, B2C
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Investors
HV Capital, Earlybird Venture Capital, Vorwerk Ventures, btov Partners, TEV Ventures
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Contact
•••••@ottonova.de
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Real-time location intelligence for the Internet of Things.
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Latest Funding
$130 Million · Series A
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Industries
Hardware, AI
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B
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Investors
European Investment Bank, BMW i Ventures
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Contact
•••••@kinexon.com
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Carbon-negative power plants.
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Latest Funding
$8.5 Million · Seed
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Industries
Energy & Nuclear, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
Extantia Capital, UVC Partners
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Contact
•••••@reverion.de
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Shopping coupons and rewards marketplace.
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Latest Funding
$13 Million · Series D
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Industries
Publishing, Sales and Marketing, Ecommerce
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Locations
Munich
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Employees
501 to 1000
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Business Model
B2C, MARKETPLACE
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Investors
RTP Global, HV Capital
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Contact
•••••@global-savings-group.com
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AI-driven OS for radiologists.
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Latest Funding
$13 Million · Series A
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Industries
Health Tech
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Locations
Munich
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Employees
11 to 50
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Investors
Sofinnova Partners
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Contact
•••••@deepc.ai
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Drive units for electric vehicles.
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Latest Funding
$16 Million · Series A
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Industries
Climate Tech & Green Tech, Hardware, Deep Tech, Mobility & Transportation, Robotics, Manufacturing, Electric Vehicles
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
-
Investors
BMW i Ventures, UVC Partners, Bayern Kapital
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Contact
•••••@deepdrive.tech
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Fusion power plants.
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Latest Funding
$7.5 Million · Pre Seed
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Industries
Deep Tech, Energy & Nuclear
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Locations
Munich
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Employees
11 to 50
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Investors
Plural, UVC Partners, High-Tech Gründerfonds
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Contact
•••••@proximafusion.com
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KYC platform for identity verification.
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Latest Funding
$16 Million · Debt Financing
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Industries
Machine Learning, Legal Tech, Privacy and Security, Identity Management
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Locations
Munich
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Employees
501 to 1000
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Business Model
B2B, SAAS
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Investors
BlackRock, European Investment Bank, Plug and Play Spain
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Contact
•••••@idnow.io
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OroraTech provides real-time information services powered by space
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Latest Funding
$7.1 Million · Series A
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Industries
Mobility & Transportation, Manufacturing, Business Intelligence
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Bayern Kapital, 28
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Contact
•••••@ororatech.com
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Capmo is developing an all-in-one construction management platform to make the hard things in construction feel easy
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Latest Funding
$30 Million
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Industries
Proptech & Real Estate
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Bessemer Venture Partners, UVC Partners, Capnamic Ventures
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Contact
•••••@capmo.com
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Plug-in charging system for EVs.
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Latest Funding
$12 Million · Series A
-
Industries
Energy & Nuclear, Manufacturing
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Locations
Munich
-
Employees
51 to 100
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Business Model
B2C
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Investors
Vito Ventures, DC Ventures, ABACON CAPITAL, High-Tech Gründerfonds
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Contact
•••••@wirelane.com
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E-learning platform.
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Latest Funding
$11 Million · Series A
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Industries
Edtech, Cloud
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Locations
Munich
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Employees
11 to 50
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Business Model
B2C
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Investors
AENU, DN Capital, Emerge Education, btov Partners
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Contact
•••••@edurino.com
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CO2 footprint tracking software for manufacturers.
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Latest Funding
$4.4 Million · Seed
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Industries
Fintech, Data and Analytics, Energy & Nuclear, Business Intelligence
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Locations
Munich
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
UVC Partners, Picus Capital, Capnamic Ventures
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Contact
•••••@tanso.io
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DyeMansion offers a variety of high-volume finishing systems for an easy ‘Print-to-Product’ workflow.
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Latest Funding
$17 Million
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Industries
Manufacturing
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B
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Investors
UVC Partners, btov Partners, Nordic Alpha Partners
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Contact
•••••@dyemansion.com
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Pension and insurance distribution platform.
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Industries
Fintech
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, SAAS, MARKETPLACE
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Investors
Armada Investment AG, Cinco Capital, Goldman Sachs, HPE Growth
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Contact
•••••@xempus.com
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VoltStorage develops and produces solar energy storage systems based on the eco-friendly Redox Flow technology.
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Latest Funding
$24 Million · Series C
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Industries
Hardware, Energy & Nuclear, Manufacturing
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B
-
Investors
Bayern Kapital, InnoEnergy
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Contact
•••••@voltstorage.com
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Expense management for SMBs.
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Latest Funding
$9.8 Million · Series A
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Industries
Fintech, Creative Tools
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B, SAAS
-
Investors
btov Partners
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Contact
•••••@finway.de
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SaaS referrals platform.
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Latest Funding
$3.5 Million · Seed
-
Industries
Sales and Marketing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
HV Capital
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Contact
•••••@cello.so
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Platform to monetize charging infrastructure with APIs.
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Latest Funding
$6.4 Million · Series A
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Industries
Mobility & Transportation, Energy & Nuclear, Manufacturing, Internet of Things
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Katapult Accelerator
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Contact
•••••@ecog.io
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Rebike Mobility is the leading digital marketplace for E-Bike subscription and used premium E-Bikes in Europe.
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Latest Funding
$21 Million
-
Industries
CPG & Consumer Goods, Mobility & Transportation, Ecommerce
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Locations
Munich
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Employees
51 to 100
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Business Model
B2C, SAAS
-
Investors
Vorwerk Ventures
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Contact
•••••@rebike.com
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People OS for SMEs.
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Latest Funding
$200 Million · Series E
-
Industries
Creative Tools
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Locations
Munich
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Employees
1001 to 5000
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Business Model
B2B, SAAS
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Investors
Northzone, Lightspeed Venture Partners, Index Ventures, Accel, Global Founders Capital (GFC), La Famiglia VC, Visionaries Club, Picus Capital
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Contact
•••••@personio.com
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HMNC Brain Health is a precision medicine pioneer in psychiatry based in Munich.
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Latest Funding
$14 Million
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Industries
Health Tech, Biotech, Deep Tech, Pharma, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
-
Investors
ALSTIN Capital
-
Contact
•••••@hmnc-brainhealth.com
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Data privacy platform.
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Latest Funding
$4.4 Million · Seed
-
Industries
Legal Tech, Data and Analytics, Privacy and Security, Business Intelligence
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
10x Founders, Redstone
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Contact
•••••@kertos.io
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Evum Motors is a manufacturer of electric utility vehicles.
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Latest Funding
$19 Million
-
Industries
Climate Tech & Green Tech, Hardware, Mobility & Transportation, Manufacturing, Electric Vehicles
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, B2C
-
Investors
Bayern Kapital
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Contact
•••••@evum-motors.com
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Search engine for vacation rentals.
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Latest Funding
$73 Million · Series E
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Industries
Proptech & Real Estate, Travel Tech, Community & Lifestyle, Ecommerce
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Locations
Munich
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Employees
501 to 1000
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Business Model
B2C, MARKETPLACE
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Investors
Prime Ventures, 83North, Senovo, Northzone, Deutsche Handelsbank, EQT Ventures, HV Capital, Coparion
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Contact
•••••@holidu.com
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One-stop-shop for Corporate Governance.
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Latest Funding
$4.3 Million
-
Industries
Legal Tech
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
La Famiglia VC
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Contact
•••••@fides.technology
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Building Radar provides detailed information on construction projects and the companies involved.
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Industries
AI, Proptech & Real Estate, Data and Analytics, Sales and Marketing, Business Intelligence
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B, SAAS
-
Investors
Picus Capital, Coparion, PropTech1 Ventures
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Contact
•••••@buildingradar.com
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New manufacturing technologies based on 3D printing & biological processes are fundamentally changing how we design & produce objects.
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Latest Funding
$9.4 Million
-
Industries
Machine Learning, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
-
Investors
HV Capital, Vsquared Ventures
-
Contact
•••••@hyperganic.com
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Userlane helps businesses automate user onboarding and employee training.
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Latest Funding
$11 Million · Series B
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Industries
Future of Work, Creative Tools
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, SAAS
-
Investors
Capnamic Ventures, High-Tech Gründerfonds
-
Contact
•••••@userlane.com
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wealthpilot enables professional advisors to deliver a data-driven and truly personal wealth management.
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Latest Funding
$9.7 Million
-
Industries
Fintech
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B, SAAS
-
Investors
Seventure Partners, Bayern Kapital
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Contact
•••••@wealthpilot.com
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Web-based 3D simulation platform for engineers.
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Latest Funding
$29 Million · Series C
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Industries
Developer Tools, Cloud
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, SAAS
-
Investors
Molten Ventures, Insight Venture Partners, Union Square Ventures, Bayern Kapital, Vsquared Ventures, Earlybird Venture Capital, High-Tech Gründerfonds
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Contact
•••••@simscale.com
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Scompler is a content marketing company that helps create and maintain content strategy.
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Latest Funding
$7.6 Million
-
Industries
Adtech, Media and Entertainement, Sales and Marketing
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Locations
Munich
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Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Bayern Kapital
-
Contact
•••••@scompler.com
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Manufacturer of electric solar car.
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Latest Funding
$55 Million · Series C
-
Industries
Climate Tech & Green Tech, Hardware, Mobile, Mobility & Transportation, Energy & Nuclear, Manufacturing, Electric Vehicles
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Locations
Munich
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Employees
251 to 500
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Business Model
B2B, B2C
-
Investors
Headline
-
Contact
•••••@sonomotors.com
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GDPR and privacy compliance-as-a-service platform.
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Latest Funding
$59 Million
-
Industries
Legal Tech, Privacy and Security
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, SAAS
-
Investors
Deutsche Handelsbank, Kreos Capital
-
Contact
•••••@dataguard.co.uk
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Open hospitality plaftform.
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Latest Funding
$4.8 Million · Series A
-
Industries
Proptech & Real Estate, Community & Lifestyle, Enterprise Software
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Locations
Munich
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
Force Over Mass Capital, Bayern Kapital, Serpentine Ventures, Redalpine
-
Contact
•••••@apaleo.com
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Cloud-based headless commerce platform that provides APIs to power e-commerce sales.
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Latest Funding
$140 Million · Series C
-
Industries
CPG & Consumer Goods, Ecommerce, Developer Tools, Cloud
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Locations
Munich
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Employees
501 to 1000
-
Business Model
B2B, SAAS
-
Investors
BayBG Venture Capital, Rewe Group, Astutia Ventures, Insight Venture Partners, Accel, Bayern Kapital, High-Tech Gründerfonds
-
Contact
•••••@commercetools.com
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GreenCom Networks is a Software-as-a-Service Company, offering white-label solutions for the utility industry and energy service companies.
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Latest Funding
$15 Million
-
Industries
Climate Tech & Green Tech, Energy & Nuclear, Ecommerce, Internet of Things
-
Locations
Munich
-
Employees
51 to 100
-
Business Model
B2B, MARKETPLACE, SAAS
-
Investors
SET Ventures
-
Contact
•••••@greencom-networks.com
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Speexx is the digital platform for on-the- job professional development in the hybrid workplace.
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Latest Funding
$5.9 Million
-
Industries
Edtech, Hiring and Recruitement, Data and Analytics
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Locations
Munich
-
Employees
251 to 500
-
Business Model
B2B, SAAS
-
Investors
Ventech
-
Contact
•••••@speexx.com
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Online rental car subscription platform.
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Latest Funding
$15 Million
-
Industries
Mobility & Transportation, Ecommerce, Service Industry
-
Locations
Munich
-
Employees
51 to 100
-
Business Model
B2C, SAAS
-
Investors
Valar Ventures, Acton Capital, Atlantic Labs
-
Contact
•••••@cluno.com
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Arculus helps multi-variant manufacturers cope with the market's bespoke customisation demand, being more efficient and cost-effective.
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Latest Funding
$17 Million · Series A
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Industries
Hardware, Deep Tech, Manufacturing, Business Intelligence
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Locations
Munich
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Employees
101 to 250
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Business Model
B2B, SAAS
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Investors
Atomico, La Famiglia VC, Visionaries Club
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Contact
•••••@arculus.de
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Battery analytics software developers.
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Latest Funding
$30 Million · Series B
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Industries
AI, Mobility & Transportation, Energy & Nuclear
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Locations
Munich
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Creandum, UVC Partners, Speedinvest, Cherry Ventures
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Contact
•••••@twaice.com
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Smart fitness platform.
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Latest Funding
$230 Million · Series F
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Industries
Health Tech, Fitness
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Locations
Munich
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Employees
251 to 500
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Business Model
B2C
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Investors
Highland Europe, European Investment Bank, Cumulus Ventures, Affinity Partners, HPE Growth, Kreos Capital, Bayern Kapital
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Contact
•••••@egym.com
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Corporate pension platform.
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Latest Funding
$2.8 Million · Pre Seed
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Industries
Future of Work
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Locations
Munich
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Employees
1 to 10
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Business Model
B2B
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Investors
Motive Partners, Angel Invest
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Contact
•••••@penzilla.de
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Modular and reusable spaceships.
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Latest Funding
$44 Million · Series A
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Industries
Space Tech, Mobility & Transportation, Manufacturing
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B
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Investors
Partech Ventures, EQT Ventures, Cherry Ventures, Vsquared Ventures
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Contact
•••••@exploration.space
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Cashflow management platform.
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Latest Funding
$3.7 Million · Seed
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Industries
Fintech, Business Intelligence
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
TX Ventures
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Contact
•••••@tidely.com
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Lanes & Planes is the Travel Management solution as Software-as-a-Service that truly maps all areas of the business travel in a digital way.
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Latest Funding
$10 Million · Series A
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Industries
Travel Tech
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Locations
Munich
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
DN Capital, Connect Ventures, Coparion
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Contact
•••••@lanes-planes.com
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