Hirschvogel Ventures is the strategic investment arm of the Hirschvogel Automotive Group - we invest in cutting edge technologies shaping the future of mobility

Hirschvogel Ventures

We work side-by-side with them to provide disruptive solutions to Telef&oacute;nica and its customers. The very best start-ups within our portfolios will have unparalleled access to our global network of 350 million customers and clients in 24 countries. Wayra offers a unique and effective interface between entrepreneurs on the one hand and our network of corporates, governments and other partners in countries in which Telefonica is present.

Wayra

RESPOND is the first accelerator that pushes for the transformation towards a regenerative economy and promotes responsible leadership.

RESPOND Accelerator

Germany

Western Europe

![aerial view of city buildings during sunset](https://images.unsplash.com/photo-1595867818082-083862f3d630?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)

 If you want to get a feeling for the Munich startup ecosystem, you have to start with the economy of the region Bavaria. Bavaria is one of Europe’s most competitive industrial regions worldwide. 

 Among the most recognizable and innovative companies which are based in Bavaria are [Siemens](https://www.siemens.com/global/en.html?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), [Allianz](https://www.allianz.com/en.html?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), [Audi](https://www.audi.com/en.html?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) and [BMW](https://www.bmw.com/en/index.html?utm_campaign=socialmedia&utm_medium=socialmedia&utm_source=socialmedia). Bavaria is the perfect location for B2B startups, especially in the areas of artificial intelligence, production & manufacturing, insurtech (digitalisation in the insurance sector) and mobility. If your customers are producers or larger corporations, Munich is the place to be in Europe. The city is overflowing with corporate accelerators and investment arms. You can find the [BMW Startup Garage](https://www.bmwstartupgarage.com/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) and [Wayra](https://www.wayra.com/telefonica-ventures?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) from Telefonica, just to name a few. 

 The ecosystem is characterized by a strong public support system. Organizations like [BayStartup](https://www.baystartup.de/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) help with coaching and financing. [Gründerland Bayern](https://www.gruenderland.bayern/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) and the [Chamber of Commerce](https://iccwbo.org/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) offer advice on incorporating your legal entity. Digital incubation centers like [WERK1](https://www.werk1.com/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) offer affordable office space and an all-inclusive big startup family. Strong universities and research institutes, such as the [Technical University Munich](https://www.tum.de/en/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), [Fraunhofer](https://www.fraunhofer.de/en.html?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) and the [DLR](https://www.dlr.de/en?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), play a major part as well. All of this makes the Munich tech scene a deeply tech-driven ecosystem, where you will not find much chit chat but many people with a strong idea and the will to build it. 

 Conferences like [Bits & Pretzels](https://www.bitsandpretzels.com/festival-home?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) make it easy to connect to our startup and innovation ecosystem. Your potential customers can be found at industry events such as [Productronica](https://productronica.com/en/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), [Electronica](https://electronica.de/en/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), [DIA Munich](https://www.itcdiaeurope.com/events/dia-munich-2022/want-to-attend/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) and many more. The city also owns some recognizable Unicorns, such as [Flixmobility](https://global.flixbus.com/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), a mobility provider, offering new alternatives for convenient, affordable, and environmentally-friendly travel via the [FlixBus](https://global.flixbus.com/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink) and [FlixTrain](https://www.flixtrain.com/) brands, and [Personio](https://www.personio.com/?utm_campaign=startupblink&utm_medium=startupblink&utm_source=startupblink), a holistic HR software for companies from 10 - 2000 employees.

"{\"dashboardData\":{\"city_id\":7619,\"cluster_parent\":7619,\"portal\":null,\"city_name\":\"Munich\",\"state_name\":null,\"city_partner_link\":null,\"has_complimentary_partner\":false,\"population\":null,\"region_name\":\"Western Europe\",\"country_name\":\"Germany\",\"region_position\":7,\"region_last_position\":7,\"position\":36,\"last_position\":39,\"quantity_index\":43,\"quality_index\":33,\"business_index\":68,\"global_count\":1473,\"nationalPosition\":2,\"previousYearNationalPosition\":2,\"rankedCitiesInCountry\":67,\"startupCount\":838,\"unicorns\":5,\"exits\":5,\"pantheons\":0,\"top3Specials\":{\"0\":{\"unicorn\":\"Flixmobility\",\"exit\":\"ATAI Life Sciences\",\"pantheon\":false},\"1\":{\"unicorn\":\"Scalable Capital\",\"exit\":\"Yunex Traffic\",\"pantheon\":false},\"2\":{\"unicorn\":\"Personio\",\"exit\":\"MessengerPeople\",\"pantheon\":false}},\"top3_coworking_spaces\":[{\"name\":\"Regus - Munich, Parkstadt Schwabing\"},{\"name\":\"Oskar-von-Miller-Ring 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This represents about 14% of Germany’s startups. Munich is the 2nd best startup ecosystem in Germany.\",\"rightText\":\"In 2025, the startup scene of Munich shows much promise after advancing in the Global Ecosystem Index by 3 spots.\"},\"whyYouShouldJoinEcosystem\":{\"leftText\":\"Within Munich there is an increased attraction for entrepreneurs\\n to set up their startups in industries such as Transportation, Hardware & IoT, Software & Data. These three industries represent about 50% of the startups\\nrepresented on the Startup Ecosystem Map of Munich. \",\"rightText\":\"Munich is Germany's 2nd best startup\\n ecosystem and is ranked 7th in Western Europe. With a population of <0.1M people,\\n Munich is ranked 36th in the world. The city has some notable startup success stories\\n including Infineon.\"},\"startupRankingByIndustry\":{\"industry_one\":\"On our map, you can explore a total of 33 startups for Transportation.\",\"industry_two\":\"The Hardware & IoT industry in Munich is ranked 26 globally. There are 56 startups for Hardware & IoT on our sample database and map.\",\"industry_three\":\"Software & Data is ranked 29th in the world. Our database contains 331 startups for this industry.\"},\"startupInfrastructure\":{\"text\":\"With a large variety of initiatives, Munich's startup ecosystem stands out from other cities in Western Europe. Munich offers a number of funding opportunities for entrepreneurs and startups.\\n Below is a list of Munich's most prominent support initiatives:\"},\"startupEcosystemFacts\":{\"descriptionText\":\"Our startup ecosystem map for Munich includes a sample of 838 tech companies. We have identified as unicorns 5 startups that have passed the USD 1 billion valuations.\\n Get the <a class=\\\"underline\\\" href=\\\"https://lp.startupblink.com/pro-map/\\\">Pro account</a> for unrestricted insights on this ecosystem.\",\"globalRankInsight\":\"Munich is ranked within the top 40 startup ecosystems globally.\",\"topIndustriesInsight\":\"Munich’s startups excel particularly in Transportation where it ranks 10 and in Hardware & IoT, and Software & Data. <a class=\\\"underline\\\" href=\\\"#industryRanking\\\">Find out more</a>\",\"positionInsight\":\"Munich outranks {city 1 ranked below}, {city 2 ranked below} and {city 3 ranked below}\\n but is surpassed by [object Object] which has a higher total score.\",\"totalFundingInsight\":\"The average amount of funding for startups in Munich is 15062211.\",\"averageFundingInsight\":\"Based on the average startup funding, Munich can be considered a {seed startup ecosystem}.\",\"facilitiesInsight\":\"{city} outranks {city 1 ranked bellow}, {city 2 ranked below} and {city 3 ranked below} but is surpassed by {city 1} which has a higher total score.\"},\"metaDescription\":{\"title\":\"Startup Ecosystem of Munich | StartupBlink\",\"description\":\"Explore Munich’s startup ecosystem which ranks 2nd in Germany and 36th globally. Discover startups, unicorns, and exits in Munich. Dive into Transportation, which is the best startup industry in Munich.\"}}"

Munich

Discover the best startup accelerators in Munich for 2025. Find the best programs to help your business grow and succeed.

Best Startup Accelerators in Munich for 2025

List of Best Startup Accelerators Programs in Munich for 2025

Explore the Startup Ecosystem of Munich

Top Cities for Startups in Germany - Ranked by StartupBlink