The fresh capital comes from Smart Infrastructure Ventures ('SIVentures'), who invested alongside neoteq ventures, Rivus Capital and well-known business angels. This is an important sign in the fight against the climate crisis. We are pleased that the participation in the SpinLab program has helped the team to reach this great milestone. The founders of Planted participated in our startup program in 2021. During the 6 months they gathered important know how from mentors and coaches as well as valuable contacts like to the venture capital funds Smart Infrastructure Ventures. At the HHL SpinLab Investors Day they were able to convince the jury of their important vision and won the best of pitch award with 2000€ prize money, sponsored by the city of Leipzig. Less than a year later, pre-seed funding has been secured.

SpinLab Alumni eCovery has closed another round of funding. The insurtech fund 1750 ventures, adesso ventures as well as further business angels invested a seven-digit amount in further growth of the ehealth startup. In the course of the capital increase, eCovery also completes its product in the field of prevention: OPT - Online Physiotherapie GmbH will become part of the company and will operate under the common umbrella in the future. From now on, eCovery offers certified preventive services in addition to the physiotherapy app for back, hip and knee pain.

Innovative startups can apply for the 14th SpinLab class until 05 July 2022. An intensive program, long lasting contacts to established companies, a broad investor network, access to exclusive technologies and funding of up to 15,000 euros are available for startups in the six-month program.

Very good news for SpinLab startup IO Dynamics and the Smart Infrastructure Hub Leipzig. The e-mobility startup has successfully closed its seed financing round and is planning a second base in Leipzig. IO-Dynamics offers smart energy management for electric fleets and charging infrastructures. Their fully automated and easy-to-use charging software is vendor-agnostic, grows with the fleet and adjusts to clients requirements. The team is currently part of the 13th SpinLab class. Participating in our program has already paid off.

After a very successful startup phase in 2021, in which strategic partnerships were established with well-known industry players and additional customers were acquired, the Flensburg-based startup was able The private venture capital fund Smart Infrastructure Ventures invested alongside High-Tech Gründerfonds, be10x Capital as well as strong industry experts as business angels. Leipzig is one of the most innovative regions in Europe, we are pleased that the founders have recognized this and the city of Leipzig has gained an innovation driver in the energy transition. 

The newly acquired capital is also to be used to build up the new location in Leipzig. Especially in the areas of sales and development, the team aims to grow.

Johann Olsen, CEO and co-founder of IO-Dynamics states: "Leipzig is an energetic city with many startups, where we always feel very comfortable. What we like about Leipzig is its proximity to the university. There we have met many people who want to make a difference. We have a strong network on site around SpinLab, our accelerator."

Björn Bauermeister, co-founder of venture capital fund Smart Infrastructure Ventures, adds: "We very much understand IO-Dynamics' decision to also want to build up business in Leipzig. As a young early-stage investor, we appreciate the dynamism and talent pool in the city. We are pleased to be able to actively support the IO-Dynamics team as an active investor in the coming years."

The newly acquired capital will be used to establish the software IO-ELON on the market, an intelligent charging and energy management for the operation of electric fleets. In 2018, Johann Olsen, Nabil Imran and Felix Kruse founded their e-mobility startup with the idea of making electric mobility in fleets more economical, sustainable and easier. Over the past few years, they have developed a software that optimizes energy and charging management in vehicle fleets. Data from charging stations and electric cars - but also building data, flexible electricity prices and solar forecasts are taken into account and used to create charging plans.

👉 Startups who want to benefit from our strong ecosystem like IO-Dynamics should apply now for our accelerator program. The deadline ends on July 5th. Check out our application site for more details.

The round was led by Partech and byFounders and backed by existing investors capacura and Business Angels Club Berlin-Brandenburg e.V. (BACB). Aumio will use the fresh capital to triple its team and expand across Europe and in the US. Founded by Jean Ochel, Tilman Wiewinner, Felix Noller and Simon Senkl, Aumio is a meditation and sleep app for children. Aumio app provides multi-day courses and individual exercises, on topics such as “hyperactivity” or “impulsivity”. It uses short audio journeys to teach mindfulness exercises.

MotionsCloud raised around US$ 2 million with its AI insurance claim solution in the latest round. The startup was backed by investors from all around the world, co-lead by SOSV (US) and Net Insurance (IT), followed by AI Startup Incubator (CZ), ParticleX (HK), Artesian (AU), Excon Services (GER), Global Insurance Accelerator (US) and individual angel. MotionsCloud empowers insurance companies with an automated property and vehicle inspection, making the process faster and more efficient. Established in Germany, the startup already cooperates with European, US, and Asian firms.

SpinLab - The HHL Accelerator acquires BITROAD and strengthens its management team: as of today, SpinLab has grown by a top-class team of management consultants and from now on also offers strategy and organization consulting around the topics of digitalization and innovation. The acquisition gives a strong boost our ambitious growth plan.

With more than 300 applications, the run for the 13th class was huge. Ten promising startups were welcomed to the historic area of the Baumwollspinnerei in early March. The range of business ideas of the new entrepreneurs is enormous: founders are releasing the first therapeutic app for dementia prevention, a physician from Chemnitz is developing an app against the underestimated and often undiscovered disease endometriosis, and with the help of a digital marketplace, the direct path to emission savings should save time-consuming processes. International startups from Poland and Austria are also part of the new class.

Innovative Sensor Technology IST AG, a Swiss sensor specialist and part of the Endress+Hauser Gruppe announced the majority acquisition of Infrasolid. Our partners TGFS Technologiegründerfonds Sachsen, VNG Innovation (VNG AG) and SpinLab mentor WEGVISOR® (Titus Lindl) had invested in the Dresden based startup. The team was 2018 part of the 6th SpinLab class.

Eric Weber about the exit: "With two partners and one mentor invested, our fifth alumni exit Infrasolid once again shows that our ecosystem works pretty well."

Congratulations to the team Marco Schossig, Benjamin Buchbach and Tobias Ott for this amazing achievement!

Together with Basislager Coworking Leipzig and Startup Mitteldeutschland we present to you the brand new Werkbank Podcast "Startup Update". The hosts are Marina Chkolnikov  (SpinLab Project Manager) and Stephanie Wettmann (head of editorial Startup Mitteldeutschland).