The goal of the Venture Labs is to multiply the number of spin-offs from tech companies emerging from academia. Stanford University and other leading entrepreneurial universities worldwide serve as benchmarks. BayWa and Nemetschek recently signed an agreement to support the TUM Venture Labs. Additional partners from industry, family offices, and the public sector are expected to join in the coming months.
"UnternehmerTUM and TUM have built an outstanding startup ecosystem over the past twenty years. With our commitment, our family wants to contribute to supporting even more students and researchers on a successful entrepreneurial path."
so Andreas and Thomas StrüngmannThe two entrepreneurs have successfully invested in scientific spin-offs in the past, including Biontech.
100 founding teams already in the TUM Venture Labs
The TUM Venture Labs aim to create dynamic ecosystems of startups, academia, investors, and established companies. Since their launch in October 2020, eight Venture Labs have already been operating in the technology fields of Software/AI, Robotics/AI, Quantum, Aerospace, Built Environment, Chemistry, Healthcare, and Food/Agro/Biotech. Three more labs are planned in the focus areas of Additive Manufacturing, Smart Mobility, and Sustainability/Bioeconomy/Energy. The individual Venture Labs work together to facilitate the emergence of innovations at the interfaces between the technology fields. Around 100 potential startup teams are already being supported by the Venture Labs.
Thomas F. Hofmann, President of TUM, sees the cooperation as a further milestone in Munich's development into the leading technology innovation center in Europe:
"I am confident that other partners from business, science, and politics will join our initiative to use the TUM Venture Labs to create entire families of startups from Bavaria, a region of entrepreneurship, that are internationally competitive with research-based deep-tech applications."
“The unique selling point of Munich’s innovation and start-up scene is the pooling of forces between universities, start-ups, the public sector, established companies and entrepreneurial families,”
says Helmut Schönenberger, founder and CEO of UnternehmerTUM and Vice President Entrepreneurship at TUM.
“The Strüngmann family’s commitment to UnternehmerTUM and TUM Venture Labs is a wonderful example of the collaborative spirit at Munich’s innovation and startup hub.”
