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).

The startup Replex is acquired by the US IT corporation Cisco. The world market leader in network infrastructure and security acquires the entire shares of the Leipzig-based startup, which develops solutions for optimizing cloud applications.

FlyNex recently closed another financing round worth millions of euros to develop new business areas and expand its current business. Stihl Digital, the venture capital arm of the well-known power and garden equipment manufacturer, is investing in FlyNex together with High-Tech Gründerfonds (HTGF), Technologiegründerfonds Sachsen (TGFS), GPS Ventures and Snowflake Ventures. The newly formed partnership is intended to support customers in forestry, gardening and landscaping in particular with data generated by drones.

SpinLab, one of the top 3 accelerators in Germany, is once again opening its application phase for startups. Ambitious founders who want to accelerate their innovation can apply from now until November 16. 2021 and benefit from the 6-month program. Startups from the fields of e-health, smart city and energy as well as cross-sectional technologies that are related to these topics and are in the pre-seed, seed or growth phase can apply.

SpinLabs own digital learning platform

We are happy to announce that we recently cracked the €100 million mark! So far, our startups have raised more than 100 million euros in venture capital and grants from renowned national and international investors. The average funding per SpinLab alumni amounts to 1.270.644 euros. Another reason to celebrate: In the last five years, capital has increased more than thirty times. In 2015, the funding amounted to 1.25 million euros. Currently, we stand at approximately 38.5 million Euro mid of the year 2021. With the help of VC investments, public grants, and price money, our startups have access to a large pool of capital to build quality products and teams.  We are proud of all the founders we have accompanied to this point and thank all investors and partners for the years of great cooperation.