Startup Success Stories
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1 Last updated: May 2017 Europe's leading company for online event management and ticketing. Founded in 2006, financing rounds with VC investors and business angels. Winner of the 2009 Techcrunch Europe Awards, exit in 2010 to the social network Xing for million. Specialists in communication and authorization management for smartphones and smartwatches. Founded in 2006, winner of Munich business plan competition (BPW) in 2007, financing rounds in 2011 and 2016, approx. 20 employees. With Braufässchen, anyone can brew their very own beer to suit their individual taste in just one week without any prior experience. Over 15,000 different flavor combinations are possible. Conject provides software and services for the complete real estate lifecycle. Founded in 2000, financing rounds with VC investors and business angels, sold in 2016 for 65 million to the Australian software company Aconex. CRELUX is a global leader in structure-based drug discovery solutions. Founded in 2005, acquired by the Chinese pharmaceutical company WuXi AppTec in Celonis Process Mining is an intelligent big data technology that analyzes and visualizes every process in a company. Founded in 2011, the award winning startup received a $27.5 million funding in 2016 by venture capitalist firms Accel and 83North. 1
2 The switchsense system, a new generation of technology for analyzing changes in the molecular environment, improves the identification and analysis of drug substances. egym develops cutting-edge concepts for organizing the training area in fitness studios and health-related establishments. Founded in 2012, winner of Munich business plan competition, over 40 million in risk capital in 2015, 300 employees. FlixBus takes care of network planning, marketing, sales and customer service, while regional bus partners operate regular lines. Founded in 2013, winner of Northern Bavaria business plan competition, acquisition of competitors, different financing rounds, approx. 600 employees. The unique semantic technology offered by the app understands and automatically structures the information contained in documents. Founded in 2011, 2nd place in Munich business plan competition, financing rounds in 2011, 2013 and 2015, approx. 20 employees. The startup has developed an intuitive, user-friendly solution based on smart glasses, which allows people with disabilities to steer an electric wheelchair solely using head motions and voice commands. Global Savings Group is a leading operator of 40 digital savings destination platforms in 23 countries on five continents. Launched in 2012, the startup successfully closed a EUR 10 million Series-B- Financing in
3 Leading provider of functional, cell-based assays and products for cell microscopy. Founded in 2001 as a spin-off from the universities TUM and LMU, one of the 50 fastest growing high-tech companies in Germany, approx. 30 employees. The smart sensor systems for Industry 4.0 utilize predictive maintenance to indicate advancing wear of components. Self-learning algorithms precisely monitor wear and tear to be able to replace worn parts before any damage occurs. LION Smart is a development and engineering company specialized on custom designed battery packs and battery-management-systems with a focus on the automotive industry. The university spin-off started in 2008 and is now a publicly traded holding. The startup develops and builds robots for logistics, which makes it possible to organize intra-logistics down to individual objects. Winner of the Munich business plan competition, Siemens Innovative Ventures gets on board in Medigene AG develops highly innovative, complementary treatment platforms for different types and stages of cancer. Spin-off in 1994 from the Munich Gene Center, stock market launch in Augmented reality specialists with solutions for industrial, advertising and medial use, in addition to their own developer platform. Founded in 2003, exit in 2015 to Apple. 3
4 Metriko analyzes the movement patterns of customers in brick and mortar retail stores using smartphone and WiFi features without recording personal data. One of the leading global biotechnology companies in the field of fully human antibodies. Spin-off from the Max Planck Institute of Biochemistry in 1992, stock market launch in The smart sensor systems for Industry 4.0 utilize predictive maintenance to indicate advancing wear of components. Self-learning algorithms precisely monitor wear and tear to be able to replace worn parts before any damage occurs. NAVVIS developed the first positioning system as an app that guides users through halls and rooms with realistic 3D images on a smartphone without needing GPS signals. Founded in 2013, roughly 7.5 million received in capital in Orcan Energy is a spin-off from the Technical University of Munich and offers the e-pack an advanced system for producing electricity from industrial waste heat. ParkHere has developed a smart, self-powered sensor system to find free parking spots in real time. 4
5 Pieris develops innovative drugs using Anticalin technology to fight cancer. Founded in 2001 as a spin-off from TUM, 25 million financing round in 2008, listed on the US stock exchange NASDAQ since Sensors in a smart work glove measure the movements of their wearer to provide lasting improvement of industrial processes. For example, Proglove aims to increase the productivity of a workflow or to recognize mistakes faster. Leading world manufacturer of direct-methanol fuel cell systems for mobile and off-grid power supply. Founded in 2000, German Founders' Award in 2003, stock market launch in 2006, European Inventor Award in 2012, approximately 47 million in revenue in 2015, 240 employees, 5 international locations. Shore is a software company that provides digital solutions for local service providers. Founded in 2012, Shore now has a staff of 200, provides its solutions in 10 European countries and opened its first US office in During their last financing round in 2016 Shore brought in investment capital amounting to a total of 20 million. Stylight is an international fashion community that pools the product ranges from renowned online fashion shops. Founded in 2008 as a spin-off from TUM, financing rounds with VC investors, 2016 exit to ProSiebenSat.1, 200 employees in 15 countries. SuppreMol develops advanced therapies for treating allergies and autoimmune diseases. Founded in 1988, acquired by US company Baxter in 2015 for 200 million. 5
6 tado develops smart thermostats that help to save energy while enhancing living comfort. Heaters or air conditioners adapt to the needs of their users with help from an app that automatically recognizes if the user is at home. Offers innovative solutions for testing software with the crowd (crowdtesting). Founded in 2011, winner of Munich business plan competition (BPW) in 2012, financing rounds in 2012, 2014 and 2016, over 60 employees. Their innovative toothbrushes are made of bioplastic derived from renewable sources with minimal packaging, which cuts back waste by up to 70%. The user keeps the handle and only switches out the brush head. Specialist for development, production and distribution of the world's fastest and most powerful 3D printing systems. Founded as a spin-off in 1999 from TUM, launch on the New York Stock Exchange in 2013, subsidiaries starting in 2015 in the USA, GB, China and India. WILEX focuses on oncology and offers a clinical portfolio of diagnostic and therapeutic product candidates. Founded in 1997 by physicians and clinical oncologists from TUM, stock market launch in 2001, funding in 2010 within the framework of the m4 cluster initiative (m4 Spitzencluster-Initiative). Leading online shop for baby and toddler products in Europe. Founded in 2010, financing rounds in 2010, 2012, 2013 and 2014, international shops in Italy and Eastern and Western Europe in 2015, focus on business activities in
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