Munich, the economic engine of Germany, is rapidly solidifying its reputation as one of Europe’s premier tech hubs. In recent years, the city has attracted some of the world's biggest technology companies, earning it the nickname the Silicon Valley of Europe. With a booming startup scene, robust infrastructure, and a welcoming environment for innovation, Munich’s IT technology industry is drawing attention from major international companies. Several global tech companies have chosen Munich as a key location for their European operations. In March 2021, Apple announced a massive investment of one billion euros into its European chip design centre, with the aim of completing the project by 2024. This new centre will focus on research and development (R&D) into 5G technology and future wireless communications. Apple is far from the only tech giant with a strong presence in Munich. Amazon has established its German headquarters in the city, recently opening new offices in Schwabing, where more than 2,500 employees work on initiatives such as Amazon Web Services. Google has also made Munich a key research hub. While large corporations are driving Munich’s reputation as a tech hub, the city’s IT technology industry is making waves through its startup ecosystem. Since 2013, Munich has been home to over 1,300 startups, collectively valued at more than 17 billion euros. The local government provides extensive support to entrepreneurs, offering resources for every stage of business development. Startups in Munich span various sectors, including software engineering, fintech, and biotechnology. According to recent statistics, Munich accounts for 11% of Germany’s total startups, positioning it as a rival to Berlin, which has long been seen as the country’s startup capital. The city’s emphasis on engineering and technology has helped it attract some of the brightest minds in Europe.