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Below is a list of top 10 startups in Munich that you should know about. These are great examples of cool and exciting startups in Munich.
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Top 10 Startup firms in Munich
1. FlixBus
FlixBus is a unique combination of tech-startup, e-commerce platform, and transportation company. FlixMobility is a young mobility provider, offering new alternatives for convenient, affordable, and environmentally-friendly travel via the FlixBus and FlixTrain brands. Thanks to a unique business model and innovative technology, the startup hasquickly established Europe’s largest long-distance bus network and launched the first green long-distance trains in 2018 as well as a pilot project for all-electric buses in Germany and France. Since 2013, FlixMobility has changed the way over 100 million people have traveled throughout Europe and created thousands of new jobs in the mobility industry.
Website: http://www.flixbus.com/
Founded: 2011
Total Funding: $1.2B
Last Funding Type: Series G
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2. FINN
FINN offers monthly car subscriptions to create a sustainable method for mobility. Its mission is to make mobility fun and sustainable: We help everyone who loves driving their own car but refuses the struggle, commitment and intransparent costs associated with car ownership. We achieve this by offering all-inclusive, immediately available, monthlycar subscriptions. The best thing, yet: While you drive we plant trees as every journey is CO2 compensated.
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Website: https://www.finn.auto/
Founded: 2019
Total Funding: $908.3M
Last Funding Type: Series B
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3. Heimkapital
With Heimkapital, we want to give property owners the flexibility to become financially independent without going into debt or having to sell the property - with a fair and transparent offer.Heimkapital buys a portion (up to 50%) of your property and you receive an immediate payout. The property value is determined by an independent appraiser. Inthis way, you can release considerable assets at the fair market value of your property without having to sell it in its entirety, and continue to participate in the development of property prices.Heimkapital was established on August 1, 2019 by Munich, Bayern.
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Website: https://www.heimkapital.de/
Founded: 2019
Total Funding: €300M
Last Funding Type: Series A
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4. Scalable Capital
Scalable Capital is on its way to becoming Europe’s leading digital investment platform. The fintech brings people and technology-based investing together with the goal of democratising financial investments. In addition to services for private investors (B2C), Scalable Capital pursues numerous cooperations with renowned business clients (B2B). The company is funded by BlackRock, Tencent, HV Capital, Tengelmann Ventures and other prominent investors.
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Website: https://de.scalable.capital/
Founded: 2014
Total Funding: €266M
Last Funding Type: Series E
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5. tado°
Tado° develops a heating app for private homes and small businesses. It adjusts to the residents' behavior in real time and also takes current weather forecasts and building characteristics into account. tado° GmbH is a Munich, Germany-based tech startup bringing Internet of Things into the cleantech market. It was founded by Christian Deilmann, Johannes Schwarz, Valentin Sawadski and Leopold von Bismarck in 2011. A team of qualified young professionals has been working on the development of tado° for approximately two years in Munich.
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Website: https://www.tado.com/
Founded: 2011
Total Funding: $204.3M
Last Funding Type: Venture - Series Unknown
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6. Holidu
Holidu is one of the fastest-growing travel tech companies worldwide that aims to finally make the search and booking of vacation rentals easy. Its search engine uses proprietary image recognition technology to compare the prices of millions of rental properties across hundred of websites including Airbnb, Booking.com, and Homeaway. This enablesusers to quickly find the ideal accommodation and to save up to 55% on their bookings.It was founded in 2014 by brothers Johannes and Michael Siebers and is headquartered in Munich, Bayern, Germany.
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Website: http://www.holidu.com/
Founded: 2014
Total Funding: $199.8M
Last Funding Type: Series E
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7. EGYM
EGYM makes the gym work for everyone. They provide gym operators, trainers and members with the technology to advance the user experience and thus make gyms more profitable. There is their own EGYM cloud where they connect all hardware on the training floor (supplier independent) into one cloud and they provide trainers and members via their Trainer App and Member App access to that data. As the strength area is typically purely mechanical they have even developed their own smart strength machines-connected to their cloud as well.
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Website: https://egym.com/
Founded: 2010
Total Funding: $184.5M
Last Funding Type: Series E
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8. Avi Medical
Avi Medical is a digital health care company that provides telemedicine services. Its platform enables patients to book appointments, manage their health data, and chat with the practitioner. The company uses data-driven medicine to provide patients and healthcare workers with a streamlined, more modern experience.
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Website: https://avimedical.com/
Founded: 2020
Total Funding: €88.5M
Last Funding Type: Series B
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9. ottonova
Ottonova provides health insurance through its digital platform. ottonova not only makes everyday life easier for you today, but is also your reliable health partner in the future.
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Website: https://www.ottonova.de/en
Founded: 2015
Total Funding: €159M
Last Funding Type: Series F
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10. Everdrop
Everdrop manufactures sustainable cleaning products. The company offers household products and natural cosmetics that are free of disposable plastic and unnecessary chemicals. According to Everdrop, all of its products are designed to avoid single-use plastic and unnecessary chemicals. Everdrop was established in 2019 and is located in Munich,Germany.
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Website: https://www.everdrop.de/
Founded: 2019
Total Funding: €98M
Last Funding Type: Series B
