Munich, the third-largest city in Germany is one of the leading and well-established tech hubs in Europe. With nine tech unicorns and ten potential unicorns, it is the fourth European city based on unicorns. When it comes to Germany, it is next to Berlin with nearly as many unicorns (privately held startups valued over $1 billion).
Leading Munich-based tech startups
When it comes to the tech ecosystem in Munich, it is flourishing with more and more tech startups, investors, and talent that are needed for a thriving and healthy ecosystem. What’s interesting is that this city has rising stars across almost any industry vertical including mobility, fintech, enterprise software, and more.