Munich's startup scene is characterized by significant funding across several key industries. Mobility and Fintech are particularly strong sectors, attracting substantial investment and producing high-growth companies.
For example, car subscription platform FINN has secured over $2.1 billion in total funding. Newer companies like Proxima Fusion are also notable, raising $196.5 million for its clean energy technology since being founded in 2023.
Below is our list of 55 Munich startups worth keeping an eye on.
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Get the Sheet for $50FERNRIDE builds a platform to automate and remotely operate commercial vehicles in logistics and industrial yards. Their technology allows a single human operator to manage a fleet of trucks from a control center, boosting efficiency and addressing driver shortages.
| Year Founded | 2019 |
| Founders | Hendrik Kramer, Jean-Michael Georg, Maximilian Fisser |
| Funding Amount | $82.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Speedinvest, 10x Founders, Munich Re Ventures, Fly Ventures, Promus Ventures |
Scalable Capital operates a digital investment platform that gives private investors access to brokerage services and wealth management. Their platform combines trading in stocks and ETFs with automated savings plans, aiming to simplify wealth building for investors across Europe.
| Year Founded | 2014 |
| Founders | Adam French, Erik Podzuweit, Florian Prucker, Patrick Poschl, Stefan Mittnik |
| Funding Amount | $481M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | BlackRock, Tencent, HV Capital, Balderton Capital, Monk’s Hill Ventures |
Proxima Fusion builds stellarator-based fusion reactors designed to provide clean and continuous energy. Their work in advanced simulation and engineering aims to create a new generation of fusion power plants.
| Year Founded | 2023 |
| Founders | Francesco Sciortino, Jorrit Lion, Lucio Milanese, Martin Kubie |
| Funding Amount | $196.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Lightspeed Venture Partners, Cherry Ventures, HTGF (High-Tech Gruenderfonds), CDP Venture Capital, Plural Platform |
Tangany builds a white-label platform for businesses to integrate crypto custody and tokenization services. Their status as a BaFin-regulated financial institution in Germany allows clients to securely manage and offer digital assets.
| Year Founded | 2019 |
| Founders | Alexey Utin, Christopher Zapf, Hans Nickel, Martin Kreitmair |
| Funding Amount | $17.2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Heliad Crypto Partners, HTGF (High-Tech Gruenderfonds), Elevator Ventures, Nauta Capital, C3 Venture Capital |
Ortivity builds a network that connects orthopedic practices to support outpatient care and practice management. Their platform provides tools to help these medical practices support their patients and manage daily operations within the healthcare sector.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | $200M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Apheon, Unigestion |
FINN operates a platform for new car subscriptions, presenting a modern alternative to buying or leasing a vehicle. Their service bundles insurance, maintenance, and taxes into a single monthly payment, so customers only need to worry about fuel.
| Year Founded | 2019 |
| Founders | Andreas Stryz, Hans-Peter Ringer, Max-Josef Meier, Maximilian Wühr, Nikolai Schröder |
| Funding Amount | $2.1B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Citi, Plug and Play, HV Capital, White Star Capital, Heartcore Capital |
Futurail builds an advanced autonomy stack for self-driving trains. Their system uses AI and computer vision to automate railway operations, increasing both safety and efficiency.
| Year Founded | 2023 |
| Founders | Alex Haag, Maximilian Schöffer, Patrick Dendorfer |
| Funding Amount | $6.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Zero Infinity Partners, Heroic Ventures, EIT Urban Mobility, Asterion Ventures, Leap435 |
Kiutra develops cryogen-free magnetic cooling systems for scientific and industrial applications. Their scalable technology provides easy-to-use refrigeration for demanding fields like quantum computing and advanced materials research.
| Year Founded | 2018 |
| Founders | Alexander Regnat, Christian Pfleiderer, Jan Spallek, Tomek Schulz |
| Funding Amount | €13M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | 55 North, HTGF (High-Tech Gruenderfonds), Verve Ventures, EIC Accelerator, TRUMPF Venture |
Isar Aerospace builds and operates launch vehicles for transporting small and medium-sized satellites into Earth’s orbit. They provide flexible launch services with dedicated and rideshare options for satellite constellations.
| Year Founded | 2018 |
| Founders | Daniel Metzler, Josef Fleischmann, Markus Brandl |
| Funding Amount | $614.6M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Convertible Note |
| Top Investors | Lakestar, HV Capital, Airbus Ventures, Eldridge Industries, UVC Partners |
BayWa r.e. develops and operates large-scale renewable energy projects, focusing on wind and solar power generation. They also provide a range of services and distribute essential components to support the broader clean energy sector.
| Year Founded | 2009 |
| Founders | — |
| Funding Amount | $149.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Nomura, Nord/LB |
45 Additional Munich Startups Worth Following
Our top ten picks are just a glimpse into the city's thriving startup community. Founders are tackling everything from AI and mobility to healthcare, collectively raising billions in funding.
Some of these companies are just getting started, while others are already well on their way. Here is a closer look at the other companies shaping Munich's startup scene.
