The portal Für-Gründer.de has examined 176 startup competitions in Germany and their winners. A Munich-based company takes the lead. Startups from the Bavarian capital also dominate the top 50.
The medtech company inveox won most of the competitions last year. The startup automates processes in laboratories and aims to reduce their error rate. Following in the rankings are DiaMonTech from Berlin, which is developing a needle-free blood glucose measurement system, and the hygiene startup Heyfair from Jena.
Munich residents dominate start-up competitions
In a comparison of the federal states, Bavaria clearly leads the ranking: 13 of the 50 top-ranked startups come from the Free State. Seven each come from North Rhine-Westphalia and Berlin. With 10 companies, the vast majority of the best startups are located in Munich and the surrounding region. The state capital is home not only to the majority of all award-winning Bavarian startups, but also to more than any other city or federal state. In addition to inveox, the Munich-based startups also landed among the top 50 in the study. TerraLoupe in 12th place, neolexon to 15, view to 20, Bread on the hook and User lane to 26, Quantum Systems to 33, Hawa Dawa to 38, rfrnz to 38 and flissade in 45th place.
Top startups need growth capital
René Klein, Managing Director of Für-Gründer.de, says about the background of the study:
"By presenting the Top 50 Startups, we want to make the innovative potential of the startup scene more visible. After all, this is where the future of small and medium-sized businesses is revealed, but they're already making a big impact today."
The study has uncovered some interesting details about Germany's 50 best startups: The award-winning companies are, on average, between two and three years old. Almost all were founded as a team—however, among the 167 founders, only 30 are women. 86% offer their services to other companies, and 60% are already active abroad. In total, the 50 best companies have already created 500 jobs. Three-quarters of the startups are seeking new growth capital in 2018—in the majority, the financial need is between half a million and one million euros.
