From idea to market readiness: SpinLab launches 18th class with nine startups

SpinLab – The HHL Accelerator launches its 18th class, featuring nine innovative startups. According to the Financial Times and Statista’s “Europe’s Leading Start-Up Hubs 2024” ranking, SpinLab ranks among Europe’s leading startup hubs. The participating teams will undergo an intensive six-month program tailored to their specific needs. In addition to personalized coaching, the startups gain access to a comprehensive network of industry-leading companies, experienced mentors, and investors. Over 180 startups have already developed their business ideas through SpinLab’s accelerator programs, attracting more than €390 million in investments with a survival rate of 86%.

ALL NEW STARTUPS AT A GLANCE

REGRYD

Regryd develops long-term high-temperature storage solutions using recycled materials. Their technology stores excess wind and solar energy as well as industrial waste heat, stabilizing energy supply and minimizing losses.

BELLE HEALTH

Belle Health is a FemTech startup offering digital solutions for women’s hormonal health. As a spin-off from the University of Cambridge, the company leverages medical expertise to advance precision medicine and improve the treatment of hormone-related conditions.

SECTORPI

SectorPi provides an AI platform that helps companies apply for public funding for research and development projects. The software streamlines project management, calculates costs, and generates necessary documentation.

CHAMELAION

Chamelaion uses AI to translate videos into multiple languages while retaining the original voice and enabling precise lip synchronization. This technology allows for rapid and authentic localization of content for global markets.

CONTAINERGRID

ContainerGrid has created a platform to optimize the reverse logistics of recycling materials between industries and recycling partners. This enhances recycling rates and promotes a more sustainable circular economy.

BLINDLEISTER

Blindleister aggregates reactive power from renewable energy parks and optimizes grid stability by combining wind, solar, and battery resources. This improves the integration of renewable energy into power grids.

BARRIERSYSTEMS

BarrierSystems develops smart traffic management technologies for urban environments. Using AI and vehicle recognition sensors, their solutions enhance safety and enable efficient management of access permissions.

MINTD

MINTD supports women in STEM careers and leadership positions through a global network, workshops, and mentoring programs. Their goal is to foster diversity in the tech industry and empower women in their professional journeys.

KAARLO

Kaarlo offers a digital solution for treating psychosomatic illnesses, particularly somatoform disorders. Their AI-driven therapy approaches create individualized treatment plans, with potential future expansion to other conditions.

“Our 18th cohort exemplifies Europe’s innovative strength,” emphasizes Dr. Eric Weber, Managing Director at SpinLab. “These teams offer solutions to pressing challenges in healthcare, energy, and sustainability. We’re excited to pave the way to market readiness for these startups in collaboration with our partner companies.”