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Munich is known as the heart of the startup ecosystem in Germany. It is home to numerous successful startups and hosts a variety of events, organizations, and initiatives that foster the local startup culture.
One of Munichโs most successful startups is FlixBus. Founded in 2013, this mobility provider has successfully expanded its services across Europe, and has become synonymous with affordable long-distance travel.
An exciting initiative in Munich is Werk1, hailed as Bavaria's most startup-friendly place. This startup incubator, located in the Werksviertel district, provides office space, consultation, and networking opportunities to new businesses in the digital sector.
A successful investor from the Munich ecosystem is Target Partners. With an investment volume of โฌ300 million, they have supported innovative tech startups, including the likes of NavVis and tadoยฐ, contributing to the flourishing tech scene of Munich.
Entrepreneurial personalities such as Felix Haas also hail from Munich. He co-founded the large-scale internet conference Bits & Pretzels which connects founders, investors and startup enthusiasts.
Munichโs startup ecosystem is also strengthened by robust support from local institutions. Technical University of Munich (TUM) for instance, tops the list of 'The Top 50 universities for venture capital-backed entrepreneurs' globally.
One particularity of the Munich startup scene is its high concentration of tech-focused companies. Numerous startups in the fields of IoT, InsurTech, HealthTech, and B2B software hail from Munich due to its strong ties with industrial and tech corporations stationed in and around the city.
Ultimately, Munich offers a unique environment and a vibrant community for startups, marked by diverse opportunities, strong networking platforms, and a supportive infrastructure.
Showing your skills in picking successful startups and advising founders is the surest way to build your reputation and secure a venture capital role.
Explore โYour community, region, or group thrives when its founders are given the chance to succeed before going back and reinvesting in their comunities.
Explore โEarn a share in startups you scout without the funds to invest directly just like a VC partner.
Explore โAs a podcaster, community manager, or event organiser you have a front-row seat to interesting startups which you can monetise by helping them fundraise.
Explore โBy identifying under-represented founders you're level the playing field for anyone to success based on merit independent from their social or ethnic background.
Explore โHelp your friends who are neck-deep in their startups get the funding they need to succeed.
Explore โConnect with emerging innovations, startups, and individuals in Munich and receive the latest dealflow opportunities. Invest in the future and discover the potential of the city.
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