The first German start-up worth ten billion dollars was launched at TUM: after crossing this threshold, Celonis is now the second most valuable start-up in Europe. The provider of software that helps companies analyze and improve their business processes was established by three students with the support of TUM.
In the THE Impact Rankings, the Technical University of Munich (TUM) secured the top spot in the world in the category industry, innovation and infrastructure. This ranking covers research output as well as patents, start-ups and working relationships with companies.
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.