Startups in Munich currently employ over 118,000 people worldwide. 43,200 of these positions are in the Munich region. This represents an increase of 15 percent compared to 2023. Dealroom The companies analyzed by Munich Startup are not only growing abroad. They are also creating many jobs in Munich, thus contributing to the region's economic growth.
The total value of startups in Munich is €164 billion. Ten years ago, it was €32 billion. The largest share, however, comes from Infineon Technologies. But many other companies are catching up. Startups founded since 2010 have a combined market value of €77 billion. These include Celonis, Helsing and Personio.
Capital from investors leads to more employees
Startups that receive funding from investors generally hire more people. Companies with over €100 million in capital have an average of 180 employees. By comparison, startups without funding from investors employ an average of only 14 people after ten years. In 2024, Munich startups raised €2.3 billion. Another €970 million was added in the first half of 2025. This means that Munich remains a strong location for young companies.
According to the report, most jobs are being created in the health, finance, AI, and deeptech sectors. Around 16,000 people in Munich work in the latter, accounting for 36 percent of all startup jobs. Artificial intelligence also plays a major role, with around 12,000 people working in this field.
Startups with female founders create more jobs
First, the good news: Startups with at least one woman on the founding team create more jobs per euro invested than all-male teams. For every million euros, these companies create 3.1 jobs. For male teams, the number is just 2.4. A total of 2,900 jobs in Munich are attributable to companies with female founders. Well-known names include yoummday and Mynaric.
Despite this achievement, women remain significantly underrepresented in the startup scene. Only 18.8 percent of founders in Germany are female. This proportion actually decreased last year. There are also significant differences in access to capital. According to a survey by the consulting firm Ernst & Young, 1,633 men received fresh venture capital last year, compared to only 194 women. The proportion of investments in purely female-founded startups was only one percent – the previous year it was two percent.
An imbalance is also evident on the investor side. Depending on the country, only five to fifteen percent of female investors sign checks for startups, according to a study by the European Women in VC network.
