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Focusing on B2B sectors in FinTech, Mobility, IoT, MediaTech and Aerospace, the startups benefit from a broad ecosystem of VCs such as HV Capital, Wellington Partners, Speedinvest, Target Partners, Picus Capital, VSquared Ventures, Matterwave Ventures, Revaia, Iris Capital or XAnge, incubators and accelerator programmes like Plug and Play or the BMW Foundation, universities like TUM and LMU, the support of government institutions like Invest in Bavaria or Business France and the opportunity to collaborate with companies like BMW, Atos, Siemens, E. ON, or Allianz.

The French Tech Munich project focuses on the emergence of European champions by consolidating the Franco-German partnership, to the benefit of the internationalisation of Next40, FT120, Green20 and others, but also of German startups looking to establish themselves in France.

Today, French scaleups such as Content Square, Malt, Mirakl, Devialet, SigFox, October, Younited Credit, Ivalua, Evaneos, and Jobteaser are established in Bavaria.

German startups are predominantly active in the following sectors: ICT (29.7%), HealthTech (10.6%), FoodTech (10.2%) and MobilityTech (5.7%). And 13.6% of German startups are based in Bavaria and 8% in Munich.

Source: Deutscher Startup Monitor 2022

66% of the startups surveyed in a prospective study are aiming for greater internationalisation, of which 89% to other EU countries, 30% outside the EU, 31% to the North American continent and only 22% to Asia.

Source: Ecosystem Welcome Guide (Business France, la French Tech, Dec. 2021)