MunichX is an accelerator organized by Moonrock Capital, an investment boutique based in Munich that is dedicated to the Web3 space and TUM Web3 Research Lab, which bundles Germany’s most productive blockchain researchers and provides teaching, talent sourcing, and advisory for students, companies, and policymakers, respectively. The accelerator program aims to support and back Web3 pioneers by providing financial resources, extensive expertise, and a network to assist founders in prioritizing their technological development.

Moonrock Capital has been committed to the Web3 domain since early 2017 and was established in 2019 to support and back Web3 talents and founder. With over 100 portfolio companies and 5 fully incubated projects developed from the ground up, Moonrock Capital has a proven track record in various areas, including crafting comprehensive strategies, designing token economics, managing fundraising campaigns, and devising effective go-to-market strategies.

MunichX Accelerator was created for several reasons: To accelerate Web3 adoption in Germany, especially in Munich. To provide a dedicated space for Web3 entrepreneurs in Munich to acquire entrepreneurial skills and build their startups. To encourage talented founders to stay in Munich rather than seeking opportunities elsewhere.

MunichX supports early-stage (pre-seed / seed) startups that are working on tokenized solutions. At least one of the founders should be based in Munich, and full-time commitment is expected.

The accelerator program lasts for three months, divided into specific phases as follows: Week 0: Application process Week 1-4: Onboarding & education Week 5-8: Mentoring Week 7-8: Access to Network Week 9: Pitching Week (in-person workshop in Munich) Week 10-12: Start Fundraising Ongoing: Alumni Program & Support

The application process is divided into four sections: Applications: Collecting applications from Munich's Web3 startups that meet the criteria. Applications should include background information about the founders, materials explaining the vision, business plan, and roadmap. Due Diligence: Evaluating the selected projects for product-market fit and long-term benefits to the Web3 space. Interviews: Assessing the founders' abilities to deliver on their vision and motivations. Selection: Choosing up to 5 promising eligible Web3 startups to participate in the accelerator.

During the critical phase of mentorship (Week 5-8), we deeply engage with the startups to enhance their product market fit and refine their business model for peak performance. We actively collaborate to optimize token economics and key metrics, offer expert guidance on fundraising and pitch strategies, implement essential adjustments to the business model, and skillfully identify and address any challenges that may arise. Our comprehensive approach empowers these startups to achieve maximum efficiency and effectiveness in their market endeavors.

After completing the accelerator program, founders become part of the Alumni network and continue to receive support and access to resources from Moonrock Capital. The aim is to help the startups become independent and self-sustainable while still offering ongoing support as needed.

While the accelerator focuses on startups with at least one founder based in Munich, it is possible for startups from outside Munich to apply. However, priority will be given to startups with a strong connection to Munich's Web3 ecosystem.

MunichX runs two cohorts each year, providing opportunities for the most promising Web3 startups to participate in the program.

You can stay updated on MunichX's activities by subscribing to our mailing list. Regular announcements and updates about the accelerator program will be shared via email.

No, if you are a skilled Web3 enthusiast, have always been passionate about the subject, and we recognize potential in you as a founder, we will provide you with a list of ideas and collaboratively develop a suitable project from scratch with you.