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3 - 2 - 1 - It's time to meet Germany's new Silicon Valley
Munich's startup scene shines, rivaling Berlin and Hamburg
Aazar Shad
February 08, 2024
Servus an Alle!
Welcome back to the Munich Post! The purpose of this newsletter is to share: 3 bits of news, 2 upcoming events, and 1 amazing restaurant/café for expats living in and around Munich. This way, you have a pulse on what’s going on without scrolling through thousands of pages.
Hey there! Did a friend pass along this awesome newsletter to you? Well, guess what? You can easily subscribe below and get all the latest news and events from us every Thursday. Join our amazing community of over 7500 Munich lovers with just one click!
Here’s what we’ve got for you today:
3 bits of news
New sporting giant in town
Photo by Hermes Rivera on Unsplash
Sport Scheck on Neuhauser Straße is counting down its final days, leaving many of us wondering, “What's next?” Well, it's none other than JD Sports gearing up to make a grand entrance into Munich's city center.
This autumn 2024, get ready to welcome the brand’s new flagship store at Kaufingerstraße 18. It promises to be a sports enthusiast's paradise spread over three floors and 2700m².
Read more here (in German).
Ticket machines get upgrade
Munich’s old red ticket machines are getting a major facelift, transforming into sleek blue-yellow beauties.
It's all part of DB bringing you a more modern, versatile, and user-friendly experience in regional and S-Bahn traffic. Say goodbye to squinting and hello to brighter, bigger touch displays.
With a 32-inch touch display, finding your destination has never been easier—just a tap on the map and you're set. Plus, you'll get additional passenger info right where you need it.
And for those who've embraced the digital age, contactless payments via smartphone, smartwatch, or card are now a breeze. Fancy buying tickets for your bike or friends all in one go? The new shopping cart function has got you covered.
Security's also been beefed up to keep these machines graffiti-free and in tip-top shape.
Find out more about this news here (in German).
Munich's startup scene glows
Photo by ian kelsall on Unsplash
Munich is making waves in the startup world, leaving other Bavarian cities in the dust.
With a whopping 67% satisfaction rate within the startup ecosystem, Munich is not just a city of beer and pretzels anymore; it's becoming a beacon for innovators and dreamers.
According to the 11th German Startup Monitors, Munich, alongside Berlin and Hamburg, is one of Germany's top startup hotspots.
What sets Munich apart?
It's all about the strong networks and a magnetic pull for outside talent. Thanks to its vibrant ecosystem that includes close ties with universities, ample funding opportunities, and a supportive infrastructure, entrepreneurs want to be here.
But let's not forget the hurdles, like that pesky issue of liquidity, which has become a top challenge for many founders. High-interest rates, inflation, and global crises are making the waters even rougher, leading to hesitancy among some founders.
Despite this, the allure of Bavaria, especially Munich, continues to attract brilliant minds, aiming to turn the region into the ‘California of Europe.’
The ministry, via its startup initiative Gründerland Bayern, is hoping to stimulate startup creation. It offers grants and coaching for new founders and acts as an information source for those starting a company and raising capital.
With a commitment to investments in AI, quantum tech and space, plus a push for more diversity in the startup world, the future looks bright.
It is our desire to bring our readers the best information about Munich — at zero cost to you. In keeping with this theme, we thank our sponsors for today’s newsletter. By clicking on the link below, you’re supporting this newsletter.
🔔Exciting Opportunity for High-Earning Employees in 2024!
Great news for those earning above €69,300 this year! If you’re insured in the public health insurance scheme and earn above the new income threshold, you’re no longer considered a mandatory member of the public health insurance scheme, but a voluntary one. This means you are now free to opt for private health insurance.
What does this mean for you? The new status opens the door to a world of personalized benefits and perhaps even lower premiums in the private health insurance system. You might have already received a heads-up about the changes from your employer and statutory provider earlier this month!
If you meet the new threshold and want to learn more about switching to the private health system, Mirja Lundehn, an expert independent insurance advisor from KLforExpats, is hosting an informative webinar on the topic.
📅Two Session Times Available: Tuesday 20th of February, 12pm or 5pm CET
Discover the immense benefits of transitioning to private health insurance and get your questions about the new threshold answered by registering now to secure your spot: https://klforexpats.as.me/maximize
2 upcoming events
Valentine's Special: Speed Dating
Feeling the Valentine's Day pressure? Worry not, because we've got just the thing to turn your solo jingle into a duet. Say goodbye to those solo Netflix binges this Valentine's Day and hello to the Valentine's Day Speed Dating Special.
It's the perfect chance to meet new people, spark some flirty conversations, and who knows, maybe even find that special someone. It's your golden ticket to meeting up to 14 singles in one go.
Sessions organized by age groups to ensure everyone finds their perfect match. Whether you're 26 or 56, there's a slot just for you. Head over to their website for the full schedule.
Purchase your tickets here and learn more about the event.
General information
📅 Wednesday, February 14, 2024
⏰ 5:30pm – 9:30pm
📍 You will receive the location by mail 72 hours before the event (München)
💶 From €14
Board game meetup
Since 2005, the Kulturhaus Milbertshofen has been the go-to spot for all things board gaming, and guess what? You're invited to join the fun at their open board game evening.
Every fortnight, they explore more than 300 classic board and card games–from the strategic depths of “Dominion” and “Arche Nova” to the adventurous realms of “Carcassonne” and “The Settlers of Catan.”
And if you've got a gem of your own, bring it along. They're all about discovering new games and sharing favorites.
Details here (in German).
📅 Friday, February 16, 2024; 4–10 pm
📍 Freundorfer-Zimmer 2.17/18, Curt-Metzger-Platz 1 80809 München
Bonus
1 new restaurant/café to try
Café Kuchentratsch
This is a café; where the cakes come packed with stories, love, and the kind of authentic flavor that makes you promise never to go back to baking mixes again.
Why? Because here, the magic in the kitchen is whipped up by seniors, using recipes that have stood the test of time.
Imagine sinking your teeth into a slice of moist marble cake, where butter is celebrated rather than skimped on, or diving into an apple cake that perfectly balances fruit and fluff.
The café also offers savory options like sandwiches and Butterbrezen, plus warm daily specials that ensure no one walks away hungry.
Founded ten years ago by Katharina Mayer and her fellow students as a social start-up, it aimed to give Omas (and now Opas) a chance to do what they love, stay connected, and earn a little extra.
General information
📍 Theresienhöhe 30, 80339 München
🥘 Bakery
⏰ Monday - Friday, 8am - 6pm
Saturday - Sunday, 11am - 5:30pm
Meme of the week 😂
Thanks for reading and sharing the Munich Post 3-2-1 newsletter.
See ya next week!
Aazar, Arlene, Christina, and Heidi
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