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These Munich startups are ripe for investment

Which startups have the best prospects of successfully completing a financing round soon? We take a look into the crystal ball and introduce you to five companies that are ripe for investment.

March 19, 2024 5 min reading time

Deep Drive
Deep Drive has developed and patented a so-called double-rotor radial flux motor, which can be installed as a central drive or as a wheel hub drive in series vehicles. With this motor, a vehicle is expected to be able to travel 20 percent further and require 20 percent smaller batteries for the same range. Furthermore, the motor is expected to require fewer rare earths in production for the same power output. The startup has already won various awards with its motor – including the title of "Best Munich Startup" 2023 – and has also impressed numerous investors. At the beginning of last year, the startup completed its most recent financing to date: the Series A round. Deep Drive 15 million euros. With BMW i Ventures and the Continental Corporate Venture Capital Unit, the Munich-based company was able to convince two renowned venture capitalists in the mobility sector. Existing investors UVC Partners and Bayern Kapital also joined the round. Now it's slowly time for the next investment: The dealroom signal reached 62 points. (Image: Atabak Etedali)

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