Overall, Morphais counted 275 deeptech startups in 2022, representing a 33 percent increase compared to 2021. Universities play a central role in founding high-tech startups. Technology founders on average have higher degrees than other founding teams: In 2022, 75 percent of deeptech founders held a master’s, diploma, or doctoral degree, compared to only 58 percent of other founders. 21 percent of deeptech founders have a PhD, compared to 11 percent of other founders.
According to the study, the Technische Universität München is by far Germany’s most important university for technology startups. 35 founders from the past year named the TU München as their alma mater. In second place, with significant distance, is RWTH Aachen with 11 startups, followed by TU Berlin with 10 startups. Ludwig Maximilian University of Munich ranks 7th with 7 deeptech startups in 2022.
Nearly a quarter of all high-tech startups are founded in Bavaria, followed by Berlin with 19 percent and Baden-Württemberg with 15 percent.
Celonis leads deeptech deals ranking
2.4 billion dollars flowed into German technology startups last year; across all of Europe it was approximately 19.7 billion euros. The largest portion of investments in German startups went to companies working in artificial intelligence.
Munich-based company Celonis secured the largest financing round of 400 million dollars. Along with Tubulis and Kinexon, two other Munich startups are among the top 10 deeptech deals from last year.
