The entrepreneurs Andreas and Thomas Strüngmann have committed 25 million euros in funding over the next 10 years to promote the development of UnternehmerTUM, Europe’s largest center for innovation and business creation, and the establishment of the new TUM Venture Labs. Established by the Technical University of Munich (TUM) and UnternehmerTUM, the Venture Labs provide world-class support infrastructure for start-ups, each in its own dedicated technology field.
Andreas and Thomas Strüngmann said: “UnternehmerTUM and TUM have created an outstanding start-up ecosystem over the past 20 years. With this funding commitment, our family wants to make a difference by accompanying even more students and scientists on a successful entrepreneurial career.” The two entrepreneurs have already made successful investments in scientific start-ups such as Biontech.Read more.
Source: “A strong partner for TUM Venture Labs“, TUM News