Photo: Andreas Heddergott - Munich Tourism

Munich is Germany's deeptech capital

Berlin-based investor Morphais has analyzed deeptech startups in Germany. The result: Most technology startups come from Munich.

Overall, Morphais 275 deeptech start-ups were counted in 2022, an increase of 33 percent compared to 2021. Universities play a central role in the creation of high-tech Startups For example, technology founders have, on average, higher degrees than other founding teams: In 2022, 75 percent of deeptech founders had a master's, diploma, or doctorate, compared to only 58 percent of other founders. 21 percent of deeptech founders have doctorates, compared to 11 percent of other founders.

According to the study, Technische Universität München is by far Germany's most important university for technology startups. 35 founders from last year named the Technical University of Munich as their alma mater. RWTH Aachen University follows in second place with 11 startups, followed by TU Berlin with 10. Ludwig Maximilian University ranks seventh with seven deep tech startups in 2022.

Almost a quarter of all high-tech start-ups take place in Bavaria, followed by Berlin with 19 percent and Baden-Württemberg with 15 percent.

Celonis leads the deeptech deal rankings

Last year, $2.4 billion flowed into German technology startups, and across Europe, the figure was approximately €19.7 billion. The majority of investments in German startups went to companies focused on artificial intelligence.

The Munich-based company Celonis secured the largest financing round of $400 million. Tubulis and Kinexon, two other Munich-based startups, were among last year's top 10 deep tech deals.

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