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.
Source: “A strong partner for TUM Venture Labs“, TUM News