AI+MUNICH, a key initiative funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the EXIST funding program, is not just a catalyst in Munich’s AI landscape; it represents a commitment to responsible and sustainable AI development in the region of Bavaria and Baden-Württemberg.
The initiative will host its acclaimed Pitch Night on December 8 with a substantial investment of €5.9 million. This event symbolizes a meeting ground for innovation, collaboration, and forward-thinking in AI.
Cynthia Britten, Senior Marketing and Event Manager at AI+MUNICH emphasizes the significance of this event: “The AI+MUNICH Pitch Night is our cornerstone event, designed to bring together the brightest minds in AI from across Munich. It’s an opportunity for startups to showcase their innovations and engage in meaningful dialogue with investors, experts, and potential partners.”
A partnership to help the startup ecosystem flourish
The Pitch Night is held at SCE Creative Hall. It offers a unique platform for startups to pitch their ideas. Networking sessions follow this. The event is vital to AI+MUNICH’s larger mission. It fosters an ecosystem where universities, research institutions, and AI companies can collaborate effectively.
Munich Innovation Ecosystem GmbH leads this charge, functioning as the project lead and ecosystem integrator. In partnership with entities like TUM Venture Labs, UnternehmerTUM, Strascheg Center for Entrepreneurship gGmbH, and Hochschule München University of Applied Sciences with MUC.DAI, AI+MUNICH promotes cross-sector collaboration and innovation.
Cynthia Britten adds, “We are committed to nurturing talent and innovation. Our focus is on developing technologies with positive impacts and employing innovative business models that contribute to systemic transformations.”
Selected startups have access to expert support.
AI+MUNICH’s approach goes beyond funding. It involves guiding startups through a sprint process with deep-tech experts and preparing them for collaboration within the Munich Innovation Ecosystem. This comprehensive support system ensures that startups are economically viable and aligned with sustainable development goals.
Cynthia Britten concludes, “Our vision is to create a ripple effect where the success of our startups inspires the entire industry towards sustainable transformation. It’s about making AI innovation in Munich not just economically prosperous but also socially and environmentally responsible.”
As AI+MUNICH gears up for its Pitch Night, it stands as more than just a funding body or event organizer. It is a visionary and a catalyst for a responsible and sustainable AI future in Munich. To register for the event, visit here.