News & Podcast

It works: In the third quarter of 2024, Munich’s startup scene returns to its former strength. While not all metrics have fully recovered to previous levels, the summer feels like a breakthrough. In our quarterly review, we take a closer look at the numbers.

In the second quarter of 2024, the number of investment rounds and average investment sums increased slightly again – but the Munich startup ecosystem made no great leaps. How did spring develop for the scene? We look at the figures in our quarterly review.

In the current analysis of startup new foundations and funding rounds in Germany by Startupdetector, the Munich ecosystem lands on top places again – and not just in terms of new foundations per capita. The location also stands out when it comes to funding rounds and business angels.

2023 was a difficult year for Munich’s startup scene. And the ecosystem didn’t really get going in the new year either. We review the figures in our quarterly report.

Last year, 2,489 startups were founded in Germany – nearly five percent fewer than in the previous year. The startup capitals of Berlin and Munich also experienced a further decline in founding activity. This is the conclusion of a study by Startupdetector and the Startup Association.

Last year will be remembered by many as economically difficult – also in the Munich startup scene. But how exactly did the industry develop over the last twelve months? Our annual review in figures provides answers.

The devil is in the details: after a weak second quarter of 2023, the Munich startup scene appears to have recovered somewhat in Q3. But looking beyond the overall figures, many negative trends of the year continue – as do some positive developments. We examine the figures in our quarterly review.

After a rather weak start to the new year, the mood for Munich’s startup scene is darkening further: both the total volume of investments and the number of funding rounds continued to decline. However, there are also positive signals. We take a look at the figures in our quarterly review.

Despite one or two impressive financing rounds, the overall picture of the past three months shows a weak start to the new year for Munich’s startup scene. In our quarterly review, we look at the numbers.

Since summer 2021, Munich has had a new sister city: Be’er Sheva in Israel. As part of a small delegation led by the Department of Labor and Economics of Landeshauptstadt München, we were able to get an impression of the local startup ecosystem. In doing so, we were impressed not only by the Israeli entrepreneurial spirit.

As a year full of crises, 2022 ultimately affected Munich’s startup scene. But even though the last twelve months were significantly more subdued than the previous year, 2022 proved solid. The year in review in numbers.

Universities and research institutes are an important factor for a thriving startup ecosystem. Munich demonstrates this time and again. A recent study now places the state capital among the top 10 most important science hubs in the world – making it an ideal location for startups.