These Munich startups are ready for investment

In assessing which startup is ready for investment, we orient ourselves to the “Dealroom Signal” from 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 the Insights. Startups can achieve a maximum score of 100 in all four categories, as well as in the overall rating. (Image: Rawpixel / Freepik)

Tacto has developed an “operating system for the supply chain”: a central control system for supplier relationships for industrial mid-market companies. The AI-based software is designed to enable strategic supplier management, uncomplicated ESG regulatory compliance processing, and efficient and sustainable material procurement at optimized terms. This allows companies not only to gain better visibility over their procurement but also to build supply chains that are secure for the future. Just in December of last year, the Munich-based company completed a financing round of 50 million euros. Financial difficulties should therefore trouble the software startup less for now. The Dealroom Signal therefore awards only 27 points in the “Timing” segment. But everything else about the startup seems right: With 91 points for the founding team and 96 points for growth rate, Tacto achieves an overall rating of 91. (Image: Tacto)

Divizend: Tax law is a complicated matter and it doesn’t stop at the stock exchange either. For example, dividends on a foreign stock are taxed twice: once with the foreign withholding tax and then again with domestic income tax. Investors can get this reimbursed, but the process is complex and poorly standardized. The startup Divizend helps private investors recover their taxes by automating the withholding tax refund process. Founded in 2019, Divizend now has offices not only in Munich but also in Luxembourg and Switzerland. The last funding round was some time ago: In November 2022, the fintech was able to secure funding most recently. The “Timing” rating of the Dealroom Signal therefore comes to 100 points, and the total score of 91 points signals that the startup is ready for investment. (Image: Divizend)

Orbem combines imaging technologies with artificial intelligence to tackle complex challenges. With its AI innovation for scanning biological samples, the young company has already brought a solution to market that contributes to sustainability in the poultry industry. In October 2023, Orbem successfully completed a Series A funding round of 30 million euros. According to Dealroom Signal, the time for the next round is slowly approaching: Timing is now rated at 50 points. But the founding team (88 points) and growth rate (95 points) also impress and bring the overall rating to 91 points. (Image: Orbem)

Wirelane: It’s very similar with Wirelane. Due to the Series B funding round worth 11 million euros completed only in August 2023, the Dealroom Signal gives only a low score in the “Timing” segment. But the founding team led by CEO Constantin Schwab (88 points) and the growth rate (84 points) bring the startup to a total of 90 points. The Munich-based startup, founded in 2016, offers charging infrastructure solutions in the field of public and semi-public charging of electric vehicles. The company’s portfolio includes, among other things, its own charging point solutions as well as an e-mobility platform for their operation and management. Wirelane also supports its customers in planning, implementing, and subsequently operating the infrastructure. (Image: Wirelane)

Building Radar informs construction companies and (interior) architects in real time via its SaaS software about upcoming or already started construction projects. Thanks to the use of artificial intelligence (AI), the startup identifies relevant construction projects in real time and as early as possible. As a result, the customers of the proptech company have a competitive advantage. According to its own information, the Munich-based startup identifies 5,000 new construction projects daily from over 100,000 different sources worldwide. It completed its last funding round in the summer of 2021 – so it would be time for the next investment. The total score in the Dealroom Signal for Building Radar is 90 points. (Image: Building Radar)