Despite the coronavirus pandemic, numerous Munich-based startups were able to raise fresh capital in 2020. The photo gallery shows the 10 most important investments of 2020.
25 million for Xbav: Xbav, a provider of a platform solution for the digitalization of occupational pension schemes, successfully completed a Series C financing round in April. The Munich-based company received 25 million euros new capital. HPE Growth led the Series C financing round, and existing investors increased their investments. With this financing round, the startup can boast an enterprise value of €100-150 million. (As of April 2020; Source: Munich Startup Insights)