Trending Augsburg, Germany Startups

Augsburg a charming city in the heart of bavaria germany has a population of over 295000 people and is home to a growing number of tech startups with a particular focus on areas such as automation robotics and mobility companies like kuka robotics one of the worlds leading suppliers of industrial robots and man truck bus a major manufacturer of commercial vehicles have their headquarters based there augsburg is also home to two universities the university of augsburg and the hochschule augsburg both of which have strong programs in engineering and technology the citys living wage is around 1500 per month and the unemployment rate is relatively low at just 42 in terms of historical events augsburg played a major role in the protestant reformation with martin luther and other reformers meeting here in 1530 to present the augsburg confession a key document of the lutheran faith augsburgs startup ecosystem is still in its early stages with the rate of new companies starting up being relatively slow and many entrepreneurs still preferring to head to bigger cities like berlin or munich however with the citys strong engineering and technology expertise as well as its supportive local government and business networks theres reason to believe that augsburgs startup scene could soon be booming