SpinLab - The HHL Accelerator, one of Europe's leading startup programs, today announced ten of the most promising startups in the fields of energy, health, and smart city. The selected startups have distinguished themselves with their innovative business models and great market potential, and will now be supported by SpinLab through a six-month program. Startups from Poland, France, New Zealand, and Germany are represented. The innovative solutions range from a digital app for food intolerance to tactile, pressure-sensitive skin for robot grippers and digital twins of power grids that are designed to support the energy transition.

Startup Reverion from SpinLab class 14th secured €8.5 million investment from UVC Partners, Green Generation Fund, Extantia Capita (the 2nd big Extantia investment in our alumni this year), Doral Energy-Tech Ventures and Landwärme GmbH.

The German climate tech startup MAGNOTHERM, working on sustainable refrigeration technology, has just closed its seed funding round with an impressive €6.3 million. Funds will be used for the mass production of the world's first sustainable refrigerator, which already has a paying customer base. Extantia Capital led the round, with Hessen Kapital, Lauda Dr. R. WOBSER Beteiligungs-GmbH, and Revent also investing, along with four investors from the Better Ventures Angel Club. They're now planning to expand into the commercial refrigeration market, which is worth $37 billion.

SpinLab - The HHL Accelerator is part of the European initiative "Womenture", which aims to create an international support program for female founders. In cooperation withDesign Terminal(Hungary), Tehnopol(Estonia) and DEX Innovation Center (Czech Republic), a female founders program is being developed.

1.6 million people in Germany suffer from dementia and gradually lose their mental abilities. At the beginning of the disease, short-term memory and ability to remember are affected. In this pre-dementia stage, there are no approved medications in Europe yet. However, a combination therapy of exercise, memory training, social participation and a balanced diet can positively influence the course of the disease.

UBI Global, the Stockholm-based innovation intelligence company and community known for the assessment and mapping of business incubators and accelerators, have released the top lists and top challengers as assessed by the World Benchmark Study 2021-2022. SpinLab - The HHL Accelerator from Leipzig is the only German accelerator among the best in the World Benchmark Study. This was announced on Tuesday by UBI Global. SpinLab was listed as a top challenger in Europe, placing it among the top eight European startup accelerators and among the top 23 in the world.

European VC fund Atomico led the round. The fund joined previous investors byFounders, Gradient Ventures, and Partech. Atomico Principal Andreas Helbig will join Digitail's board as part of the investment. According to Dealroom it is one of the largest Series A rounds in recent years in Romania’s young startup ecosystem. Digitail works with over 750 clinics worldwide, serving around 1.4 million pets.

SpinLab - The HHL Accelerator gains Actemium Germany, the VINCI Energies brand for industrial process solutions, as new innovation partner. Actemium is a powerful worldwide network with 400 Business Units located in 40 countries across the world. Operating throughout the entire industrial life cycle, from design to maintenance, Actemium innovates in order to support the long-term development of industrial customers, sustainably.

The partnership strengthens SpinLab's ecosystem and startups participating in the accelerator program will benefit from Actemium's expertise, resources and network. This also includes the planned allocation of a coworking space at Schkeuditz near Leipzig. In the new premises, the development of market-specific solutions will be driven forward together with Actemium employees. Moreover, the partnership facilitates the industrial service provider's access to smart solutions from highly innovative young companies. In this way, practical use cases can be developed even better - and applied directly in customer projects. 

Prodlane, the SaaS platform for data-driven product management in the manufacturing industry, has raised an EUR 760,000 pre-seed funding round. The round is led by a Swiss family office with an industrial background, with participation from S2S Ventures AG and several business angels from the industry, product management and HR. Prodlane will use the funding to expand its sales and development team and to enter the market.

Prodlane was part of the 13th SpinLab class and first SpinLab Summer School for diverse startups. Photo: Fabian Thüroff

With around 400 applications from all over the world, we reached a new record. The freshly incoming 14th class startups are as diverse as they are promising: a mental health lifestyle app for Gen Z, a chip like the human brain, road reconstruction through radio waves, or the production of hydrogen only from sunlight and water. Like 118 other startups before them, the new class is supported in scaling their their business by an extensive program. Clear numbers prove that the SpinLab ecosystem works: Over 1000 new jobs have been created by the startups that have already gone through the program. A total of 10 startups from SpinLab, such as mementor, Rhebo or Infrasolid, managed a successful exit and were acquired by international companies. Exciting pilot projects will also follow in the future - not least due to a recently concluded partnership between SpinLab and Leipzig University Hospital.