These Munich startups are ready for investment

In assessing which startups are ready for investment, we orient ourselves to the “Dealroom Signal” of Munich Startup Insights. This evaluates companies based on four categories: “Timing” indicates how much time has passed since the last funding round; “Growth Rate” refers to the startup’s growth rate; “Founding Team” examines the founders and what successes they have already achieved; and “Completeness” finally refers to the data situation of the startup within Insights. Startups can achieve a maximum score of 100 in all four categories, as well as in the overall rating. (Image: Rawpixel / Freepik)

Nyx – the name of the space capsule developed by The Exploration Company – is intended to transport cargo and eventually humans into space in the future to supply space stations and conduct long-distance research missions. The spacecraft is designed to be reusable multiple times and refueled in orbit. Additionally, Nyx is being developed independently of launch vehicles, so the space capsule can be launched with various rockets. At the beginning of last year, the startup founded in 2021 was able to raise 40.5 million euros in its Series A round. The round was led by EQT Ventures and Red River West. New and existing investors such as Promus Ventures, Cherry Ventures, Vsquared, Omnes Capital, July Fund, Partech, Habert Dassault Finance, Schlumberger, WMA, Possible Ventures, Rymdkapital, and Sista Fund also participated. Now it’s slowly time for another round: The Dealroom Signal is at 89 points, with 85 points in the Timing category. (Image: The Exploration Company)

The startup Roadsurfer operates a fleet of camper vans from various manufacturers that customers can rent through the online platform. The vans are picked up and returned at one of the numerous stations that the startup operates in several countries. With additional offerings such as the sale of used vehicles, the option for long-term rentals, and a booking platform for individual and private parking spaces, Roadsurfer wants to make travelers’ vacations even more enjoyable. The company last received funding in 2021: at that time, 24 million euros flowed to Roadsurfer. Another funding round could be approaching soon: The Dealroom Signal reaches 88 points. (Image: Roadsurfer)

Orbit Health has developed an app that helps provide personalized treatment for people with Parkinson’s disease. For this, smartwatches record movement data that is analyzed and evaluated by AI. This allows treating physicians, nurses, and patients themselves to continuously monitor and retrieve the patient’s condition. In the year of its founding in 2021, the startup was able to secure support from EIT Health and thus 1.5 million euros. Venture capital has not yet flowed to Orbit Health. However, 100 points in the Timing category (and 87 in the overall rating) of the Dealroom Signal suggest that this could change soon. (Image: Munich Startup)

15 million euros were most recently provided to Stabl Energy – it’s been almost exactly a year now. The solution from Munich, for which they have already raised a total of 21.6 million euros, has become even more sought after since then. Because Stabl Energy divides high-voltage battery packs into many smaller modules and interconnects them dynamically. This is how the startup aims to eliminate risks when used electric vehicle batteries are used for battery storage systems. In this way, old batteries receive a second use in the spirit of the circular economy. The second-life battery storage systems from Munich are to be used particularly with commercial and industrial customers, in the construction and real estate industries, and in the agricultural sector. From the perspective of the Dealroom Signal, in addition to Timing (96 points), the founding team (83 points) is also convincing. The overall value comes to 87 points. (Image: Stabl Energy)

Almost exactly as long ago is the last investment in Reverion: In spring 2023, 8.5 million euros went to the cleantech startup and its special power plants. According to the company, these can achieve an efficiency of up to 80 percent when converting biogas to electricity. This allows operators of biogas plants to increase their revenues from the same amount of biomass by up to 400 percent. Furthermore, small power plants have the ability to run “backwards” (reversibly). This allows a temporary surplus of wind and solar power to be converted into renewable natural gas substitute or green hydrogen and stored. In total, 18 million euros have already been transferred to Reverion’s account. But with this technology, which has already been awarded numerous prizes, the next funding round should not be far off. The Dealroom Signal awards 86 points, with the full 100 points in the Timing category. (Image: Reverion)

These Munich startups are ready for investment

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