Preventio, which merged last year with SpinLab alumni PipePredict has been acquired by Diehl Metering, a global leader in smart metering solutions. This milestone represents the second exit for the Smart Infrastructure Ventures portfolio—following mementor by ResMed, another SpinLab success story.

The CleanTech startup Reverion, which was part of the SpinLab Accelerator program in 2022, has secured €56 million in its Series A funding round—the largest funding round for a SpinLab alumnus to date. Alongside venture capital, the round included grants as well. The funding was led by Energy Impact Partners (EIP), with participation from Honda and the European Innovation Council Fund (EIC Fund). Existing investors, including Extantia Capital, UVC Partners, Green Generation Fund, Doral Energy-Tech Ventures, and Possible Ventures, also participated. This funding will enable Reverion to commence serial production of its power plants and fulfill more than $100 million in customer pre-orders accumulated so far.

The energy transition poses significant challenges for the utility industry, especially municipal utilities. These challenges include the digitalization of networks and infrastructure, the expansion of renewable energy sources, the modernization of business processes, and a cultural shift towards greater innovation. To actively shape this transformation, SpinLab – The HHL Accelerator and Energieforen Leipzig have established a partnership.

SpinLab alumni Reonic has raised €13 million in a Series A funding round. The round was led by Northzone, with participation from existing investors Point Nine, Puzzle Ventures and several business angels. 

SpinLab – The HHL Accelerator, recently recognized by the Financial Times and Statista as one of the leading startup hubs in Europe, is launching a new round with a record number of over 500 applications. From this pool, nine startups have been selected in the fields of renewable energy, Smart City, and E-Health. Among the selected startups are an AI-based health solution for detecting addictive behavior, a team using technologies for CO₂ removal through underground storage of woody biomass to sequester carbon for the long term, and a technology for direct heat generation from wind energy, which efficiently feeds heat into heating networks, promoting the decarbonization of district heating. SpinLab has already supported more than 160 startups, with a survival rate of 86 percent. By joining the accelerator program, the teams receive an extensive and tailored coaching and mentoring program, as well as access to a broad network of partners and investors.

SpinLab and RootCamp are positioned among the top Startup Hubs in Europe, as highlighted in the recent ranking "Europe's Leading Startup Hubs 2024" by the Financial Times and Statista. We have secured the 2nd place in Germany, placing us among the top 3 Accelerators in the Germany. In an international comparison, we achieved 12th place, making us one of the top 15 in Europe.

Startup accelerator SpinLab - The HHL Accelerator is entering the next round with a record number of over 500 applications for its 16th cohort. From this impressive pool of applicants, ten international startups in the fields of energy, smart city, and e-health have been selected. The diversity of business ideas from these emerging entrepreneurs is enormous: ranging from immersive audio technologies, with the founder of the MP3 format involved, to the development of the first AI-powered health platform for lipedema sufferers, and innovative, cost-effective pollutant filters made from recycled plastic. The participating teams benefit from mentoring and access to a prestigious network of companies and investors to maximize their potential and establish valuable partnerships. As an expert in venture clients, SpinLab identifies the global startup ecosystem for innovative solutions as well as potential customers or partners for cooperation.

SpinLab - The HHL Accelerator is pleased to announce its strategic partnership with Landesbank Baden-Württemberg (LBBW) Region East. This collaboration combines the extensive financial expertise of LBBW Region East, one of the leading German financial institutions, with the innovation and entrepreneurial spirit of SpinLab - The HHL Accelerator. With a total assets value of 324 billion euros, LBBW is among the largest German credit institutions and has a presence in international business centers with 16 locations in 15 countries. Additionally, LBBW has its own venture capital company, LBBW Venture. This funds invests in young companies in the areas of Digital Transformation, LifeScience and HealthTec, as well as Financial Technology.