At the Technical University of Munich (TUM), start-up initiatives receive optimal support. Thus concludes the latest “Gründungsradar” survey. For the fourth straight year, TUM is ranked number one among large Germany universities. Every year around 80 companies get their start here.
Successful start-ups emerging from the world of academic research are a rarity in Germany. A research project has now conducted the first-ever investigation into the psychological factors impacting the processes when scientists launch companies. It shows that they often struggle to make the transition from a researcher’s outlook to an entrepreneurial mindset. In addition, many start-up teams are unable to utilize their members’ expertise through clear working processes. This can be remedied with makeathons or similar game-like activities and psychological coaching – for the teams and for start-up advisers.
For the third time, a company spun out of the Technical University of Munich (TUM) has been valued by investors at 1 billion dollars or more. After Celonis and Lilium, Personio has achieved the "unicorn" status. The company provides software that enables small and mid-sized companies to digitalize their HR processes.
Last night three teams were honored with the TUM IdeAward for their technology-based start-up ideas. They respectively developed a rotating chemical reactor for use in the pharmaceuticals industry and water treatment, a technology platform for sustainable production of yeast oil and a cost-efficient surgical navigation system.
The Technical University of Munich (TUM) and its affiliated institute UnternehmerTUM are launching an initiative – unique in Europe – to support start-ups rooted in top-level research: In key technological fields such as artificial intelligence, robotics, quantum engineering and healthcare, TUM Venture Labs will work with promising start-up teams, providing them with tailor-made support concepts, incubation spaces, training and venturing programs and access to global networks of companies and investors. The goal of the new innovation centers is to make Munich the leading European hub for technology start-ups.