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Munich Unicorns

Munich's startup scene is now home to several unicorns, companies valued at more than one billion dollars. Germany's first decacorn is also based here.

December 9, 2021 3 min reading time

Sono Motors: With the jump to the American technology stock exchange Nasdaq In November of this year, Sono Motors increased its company value and achieved unicorn status. According to Munich Startup Insights The company's current valuation is €1.7 billion. The production start of the Sion, the Munich-based company's first electric car model, has already been postponed several times. Sono Motors is currently planning a launch date of 2023. The Sion will be produced at a Saab factory in Trollhättan, Sweden, which will be operated by National Electric Vehicle Sweden (NEVS) starting in 2023. (Photo: Sono Motors)
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Regina Bruckschlögl

After her own startup experiences, she now looks at the Munich startup scene from a different perspective as an editor at Munich Startup – and discovers every day how diverse the Munich ecosystem is. Startup stories that beg to be told!

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