Olmatic is the Startup of the Week 32: Efficient energy management solutions


Energy & Environment, Industry 4.0 & Logistics, IT & ICT

Although the addition of “smart” has long been an important aspect in the discussion on energy management systems, concrete implementation approaches are rarely found.  Our Startup of the Week has the same opinion – especially since conventional systems are usually inflexible and platform-bound. One of the co-founders of Olmatic, Christian Olma, therefore introduces us to their solution: The Olmatic Power Tracking.

Hello Christian! Thank you for taking the time. We are looking forward to getting to know Olmatic better. Would you give us a small pitch for that?

Sure! We develop, manufacture and market devices and systems for energy management 4.0 and wireless networking through central control units in the industry 4.0 and IoT area. Our highly innovative Olmatic Power Tracking enables maximum self-sufficiency in the energy sector.

What exactly is the Olmatic Power Tracking about?

The so-called Olmatic Power Tracking (OPT) is an intelligent combination of hardware and software, combined in one product, which deals with the completely self-sufficient supply of electrical consumers via regenerative energy sources without the necessity of a conventional supply network. In order to use the power available from renewable energy sources (solar cells, wind turbines, hydroelectric power plants, etc.) in the most effective way, without losing excess energy in the form of power loss or the like, the OPT offers the appropriate technologies and systems to realize dynamic power distribution and prioritization of energy and consumer sources. This means that with an optimal design it is possible to almost completely dispense with the public supply network and to reduce the energy demand via the conventional supply network to < 1%. Even if the system is used without regenerative energy sources, i.e. directly via the conventional supply network, >30% energy savings can be achieved compared to conventional energy management systems.

The main focus of our energy management system is on the specific treatment of each input source and each consumer output independently of each other. This gives us the possibility to distribute energy to all consumers of a system with the highest efficiency. In combination with a direct integration into the supply line and open interfaces in the communication line, our energy management systems can easily be adapted to or integrated into existing systems. This makes it possible to distribute energy across the boundaries of a specific platform or system.

How does your product perform compared to currently established energy management systems?

In contrast to conventional energy management systems, it is characterized above all by the additional networking of the Smart Grid at the supply level, which enables stepless power regulation (0-100%) and power distribution. Through the specific consideration of all energy consumers and the platform independence of the systems, a highly efficient energy sharing between different energy systems can be operated with maximum efficiency. Conventional systems are platform-bound and can only communicate via the communication interfaces and suffer from higher losses and a lack of dynamics due to static switching on and off based on preconfigured power hysteresis. Especially in safety-relevant systems, the simple shutdown can lead to enormous security gaps or chaos scenarios, which the OPT procedure avoids via intelligent and dynamic power regulation and distribution on the basis of prioritizations. Through customized, individually adaptable designs of the modules, a maximum energy saving can be achieved at low investment costs for the manufacturer/developer, which promise low payback periods. The OPT process is linked to already existing and established energy management modules and central control units of the Olmatic product range and thus realizes the following two core products, which can be used in combination or independently of each other in all AC and DC power-based energy systems, conventional and regenerative generation methods.

You were just talking about customizing your products to suit your customer’s needs. The pricing will certainly be the same, right?

We follow the implementation of two different business models. On the one hand, we sell via direct sales in the B2B area through appropriate acquisition of our sales team and in the course of networking measures, and on the other hand, we have a large cooperation partner named Endrich Bauelemente Vertriebs GmbH, which acts as a middleman for us and actively sells our product range internationally. Since we always offer customer-specific products, the pricing model is variable and calculated according to complexity and effort. As an additional service in the field of Energy Management 4.0 we offer the complete energy consulting as an additional service.

What do you think about the market you are currently addressing? To what extent do you see growth potential, opportunities and risks there?

Placing a product such as Olmatic Power Tracking at the right time in a market that is currently more than ever in the focus of current attention undoubtedly brings with it a huge opportunity to establish the company as a pioneer in a market that will continue to grow steadily in the future. Since the market for electrical consumers will tend to rise in the coming years, while conventional energy resources will tend to decline, it is to be expected that the market in the segment of renewable energy supply will bring secure growth in the coming decades. Timely market entry and the protection of the product against competitors therefore represent a huge opportunity for us to already now sustainably position ourselves for the coming decades. Nevertheless, the market is highly competitive and is already populated by a large number of “big players” who will gladly and directly accept the competition and already have the financial background to become active here in the short term. The big chance is thus at the same time a big risk to lose the competition and thus the market shares already at the beginning, if the strategy and the goals are not pursued with fullest precision. We pursue the international target group.

 

You founded your company in 2016, a lot has happened since then. You have already explained some of the results to us. What are the next steps for the development of Olmatic?

Last year, we developed the existing prototypes to market maturity. The aim was to be able to place them on the market as quickly as possible. In the course of the prototype phase, a new energy management module was developed, which includes the OPT procedure. Three new products have been developed, which are directly communicated to already existing customer networks and distribution channels. The power supply module is the first product of the new Universal 4.0 series and serves in its current version as a power supply module for intelligent supply and energy management according to OPT for consumers in the low voltage range. The wiu, which has been expanded to include the software functionality of the OPT, can be marketed directly as a successor model to the existing plus the additional function of the OPT and will in future serve as a central gateway and control unit for the digital networking of the system.

Christian, many thanks for this exciting and detailed interview. We wish you every success in the further development of Olmatic. If anyone would like to learn more, please take a look at Olmatic’s Innoloft profile.

Solarworx is the Startup of the Week 31: Solar power for rural electrification


Energy & Environment

If a political discourse is conducted in Germany on electricity supply, buzzwords such as “renewable energies”, “smart grid” or “storage systems” are often used. These terms are characterised by technological progress, because if an electricity grid has already been built up and established, further developments and optimisation measures follow. What is often not taken into account, however, is that 1.2 billion people on earth still live completely without access to electricity. Instead, fossil fuels such as diesel or kerosene are used – of course with considerable effects on nature and society. Our startup of the week, Solarworx, has therefore taken the initiative and is reacting to these problems. How? CEO Felix Boldt explains this to us in our interview. 

Hello, Felix, thank you for taking the time to talk to us! We are pleased to learn more about Solarworx today. That’s why I start with the first question: How would you describe Solarworx in one sentence?

We offer innovative solar power solutions for 1.2 billion people without access to electricity.

A very social approach. Could you go into a little more detail? How is your solution technically structured, for example?

Our solar power solutions are aimed at people in sub-Saharan Africa who live far away from the public power grid. Our systems can be modularly expanded and speak to our customers in local languages like Swahili and Wolof. Individual systems can be interconnected to form a DC microgrid, allowing neighbors to share power and larger consumers to operate easily. Our products are IoT integrated and can be conveniently paid in installments via the customer’s mobile phone credit (PayGo). We use clean solar power, wood-based plastics for our product housings and innovative battery technologies that are not made of rare ressources.

You’ve just listed some of the aspects that make your technology and mission stand out. Do you create further added value?

We have used our many years of experience as founders in the off-grid solar sector to develop a unique solution tailored to our target markets. The systems can be used to operate household appliances (lamps, televisions, refrigerators) or support small local businesses without access to electricity. Compared to diesel generators and the connection to a power grid, we offer a cheaper and ecologically sustainable alternative.

The electricity produced by your systems is intended for the end consumer. Is your business model structured accordingly?

No, we are pursuing a different concept.Our experience has shown that vertically integrated B2C concepts with a regional focus are risky and prevent fast scaling. We therefore sell our products on a B2B basis to local distributors experienced in the target markets (currently West Africa). We also offer consulting services to distributors, NGOs and other international players.

In the beginning you talked about 1.2 billion people who currently live without access to electricity. What impact does such a lifestyle have?

Exactly, more than 1 billion of the world’s poorest people have no access to electricity. 600 million in sub-Saharan Africa alone. Most of them use fossil fuels, such as kerosene for light and diesel for generators. The lack of access to a clean and cost-effective electricity supply limits children’s educational opportunities, damages the health of families and offers only very limited opportunities to generate income.

You founded your company in 2018 and have already reached many milestones since then. Can you tell us more about it?

Since the end of 2018, we have tested our solar power systems in two pilot projects with a total of 250 systems in Senegal and Cameroon. The first commercial production started last year. In parallel, we have developed a microgrid module. We were able to secure a seed investment from InnoEnergy and various other grants. For our solar home systems we were awarded the “Digital Solar & Storage” award and qualified for the global final round of “Empower a billion lives” by IEEE. At the end of last year we took second place in the MakeItBetter Award.

Thank you very much for the exciting interview, Felix. We think your project is great and wish you continued success!
Solarworx is still looking for investors to start the serial production of their modular solution. You can find more information on their Innoloft profile.

Nuventura is the Startup of the Week 30: the next generation of gas insulated switchgear


Energy & Environment, Energy Efficiency and Environment

The term CO2 is probably most present one in discussions and reports on greenhouse gases. Less frequently, compounds such as methane or nitrous oxide fall. However, only those who are more intensively involved with the subject have come across the family of fluorinated greenhouse gases. Unlike the classic greenhouse gases, the so-called F-gases are not released as unwanted by-products (e.g. during the combustion of fossil raw materials). However, the industry produces them specifically e.g. for a gas insulated switchgear. According to the Umwelt Bundesamt, their effect on the ozone layer is up to 100 to 24.000 times higher than that of carbon dioxide. Our Startup of the Week nuventura rightly sees a need for action there. Therefore tey are developing a technology that works without SF6. CEO Fabian Lemke explains more about the background in the interview.

Hello, Fabian! Thank you so much for taking the time for us! Would you give us a short pitch for the beginning?

Nuventura empowers a safer and more efficient energy grid free from SF6 – the most potent greenhouse gas in existence.

An energy network contains a large number of components. Where does your solution start?

Nuventura has invented a new revolutionary switchgear – essential component of any electricity grid – that is free from greenhouse gases and outperforms the existing industry standard.
Existing gas insulated switchgear (GIS) are based on SF6 – the most potent greenhouse gas humanity knows. It is 23,500 times worse than CO2 in terms of its global warming effect. It is a synthetic gas for which neither a natural sink exists, nor an effective disposal method is at hand. This makes its accumulation in the atmosphere virtually irreversible. On top of this, the gas is extremely long-lived: SF6’s atmospheric lifetime is 3,200 years, which is well beyond CO2‘s 100-200- year lifetime.

The available data shows that every year approx. 8000t of SF6 are emitted into the atmosphere (equivalent of 188,000,000t of CO2). 80% of all the SF6 produced is used inside gas insulated switchgear. Nuventura developed a GIS that instead of SF6 simply uses the air we all breathe, in such a way eliminating the usage of this highly potent greenhouse gas.

That sounds very promising. Are there additional advantages of your switchgear?

The technology does not only have the potential to trigger a greenhouse gas emission reduction equivalent to 100 million cars, but it also significantly improves the performance of the switchgear. It enables, for the first time, integrated type tested sensor system. The technology paves the way for industry 4.0 applications, such as condition monitoring, predictive maintenance or dynamic adjustments of maximum acceptable loads. Its innovative design reduces total cost of ownership due to the enabled benefits and extended lifetime. Furthermore it allows for competitive production and operation by simplifying the manufacturing process and removing the need for gas handling and expensive manufacturing processes common in SF6-based designs.

What is the distribution of your development like?

We license our technology to manufacturers, functioning as an R&D centre for them. We also collaborate with the end users of our technology (DSOs and industry) to ensure that we design the nuventura switchgear according to their needs.

You have just mentioned the industrial sector as a potential market. How big is the total market you are moving in?

In total, our technology addresses a market of € 11.1 Bn that will continue to grow with a 10 % CAGR to become a € 23.1 Bn market by 2024. Our target clients are the global community of switchgear manufacturers.

That’s really great potential. What have you already done to open up this market?

Last year we closed our seed investment round including E.ON, VC Fonds Technologie Berlin managed by IBB Beteiligungsgesellschaft mbH, Apex Energy Teterow and existing investors. After the investment, several grants, loans and national and international innovation prizes won, nuventura now has a substantial 7-digit EUR amount at hand to realize its upcoming goals and milestones. Our focus now is to continue certifying our sustainable, patented technology for gas insulated switchgear for commercial application in the medium voltage range and to enter the market for switchgear technologies as a technology licensing company.

Fabian, thank you very much for this exciting interview! We hope to hear a lot from you in the future and support your approach to greenhouse gas reduction.

You want to learn more about nuventura? Nuventura’s Innoloft profile gives you more information about possible cooperation opportunities.

ChemiTek is the Startup of the Week 29: Advanced Chemistry for an advanced future


Energy & Environment

Most cleaning products are actually full of chemicals that have a negative impact on our environment. This applies not only to those in our own cupboards, but also the products that are used by the industrial sector. Startup of the Week ChemiTek develops cleaning and maintenance products for industrial maintenance, that are biodegradable. CEO César Martins told us more about their mission and actions during corona in the interview.

Hello, César! Thank you for being here today! Let’s start directly with our first question: How would you pitch ChemiTek?

We are a Portuguese company and dedicated to developing, producing and commercializing customized and innovative solutions for industrial maintenance, satisfying specific cleaning and maintenance needs. Within ChemiTek we offer a range of different products, one of them being used in the photovoltaic sector. While doing that, we ensure that our products are biodegradable.

So, let’s talk about your product Solar Wash Protect. What does that entail?

The potential of photovoltaic panels as a source of renewable energy is known and undeniable. However, solar panels’ performance is affected by many factors, including the accumulation of dirt, dust, moss and other particles. In fact, the production of photovoltaic solar panels that are not properly cleaned may decrease until 50% to 86%.
Our solution is Solar Wash Protect. Once you apply the product your panel will produce more energy, for longer periods. How? Because with cleaner solar panels, time between maintenance also increases, saving manpower and water. Solar Wash Protect is biodegradable and the panel glass becomes anti-adherent, so that dirt will not stick to the panel.

Why does Solar Wash Protect stand out? What is the USP?

Solar Wash and Solar Wash Protect (SWP) have direct competition when it comes to its washing features by some products. Other products are just a product to wash without giving the panels no protection, the price is also quite high. Our product, besides cleaning, protects from dirt. This is increasing energy production, while reducing cleaning and water costs.

What is your business model?

We sell our products to solar parks, O&M teams and panel producers. Usually, this selling is a B2B process, but in some cases and markets we will also be able to sell through resellers.

During your previous answers you briefly addressed your customers: Solar parks and the industrial sector.  Do you make any further selections within this target group?

Not really. Like I mentioned, we mainly target solar parks, panel producers and O&M teams. Our customers are not only based in Portugal, but all over the world. With our strong global expansion and an international culture shaping our global footprint, we aim to develop good and sustainable relations with local business partners in five continents.

ChemiTek was founded in 2018 and since then surely pushed the development of its products steadily. In terms of agility: Has your strategic direction changed since then, or are you still pursuing your core vision?

Yes, we are still selling our Solar Wash Protect and doing customer tests with our other products. We have already been able to validate the data of all the products with a prize that we have won from INL.int. During the pandemic, we could get some financial help to accelerate the production of our SANI PROTECT, a disinfectant and hygiene product. This way we can actively help in the combat against COVID-19.

Unfortunately, this was our last question. Thank you César for these fascinating insights! We wish you continued success. If anybody wants to know more about ChemiTek, check out their Innoloft Profile.

Maximum power for our first “Digital Business Speed-Dating”


Energy & Environment

Successful launch of our new speed-dating format

The lockdown following the COVID-19 pandemic has generated many creative solutions in companies. Digital solutions were the preferred choice. Following this approach, we at Innoloft also launched our first Digital Business Speed-Dating.

In order to continue our mission – connecting the most innovative players in all tech branches and promoting their projects even in this pandemic  – we launched our first Digital Business Speed-Dating together with 11 partners on June 16, 2020.

As consequence of  COVID-19, all events for which we had planned an analogue Business Speed-Dating were cancelled or postponed. So we were looking for a quick solution. Eleven partners from our network gave us positive feedback. They actively supported us with their networks during the implementation of the virtual Business Speed-Dating.

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With 272 participants we succeeded in our biggest Business Speed-Dating event to date. A large number of startups from our networks, numerous established companies as well as investors and representatives from the research sector took part.

A total of 720 matches took place on that day. In 12-minute online conversations, all participants had the opportunity to exchange information bilaterally. With the video function, personal conversations took place, just as you know it from face-to-face, analogue meetings at trade fairs and conferences.

We were excited about your positive feedback.

Digital networking event with international orientation

Digital Business Speed-Dating Map Pap Participants

 

Through our matchmaking process via our platform we build bridges for you to find suitable B2B contacts for your solutions and projects. We generated the contacts based on your interests and cooperation requests. You can then further deepen the contacts afterwards. This way we support you in generating leads.

Numerous companies and startups from all over the world have not missed this opportunity. With a share of 23 percent, participants in Digital Business Speed Dating came from Singapore, China, Indonesia, India, Australia, Canada, USA, Brazil and Ukraine.

What is our mission behind?

Innovative solutions need a test field or access to the market. You as a startup have invested a lot of work in your technical solution or innovation. After all, it is waiting to be tested by potential users. As a company, you can provide this test field to the startups and maybe you are looking for such a solution for your customers yourself.

Our speed-dating events enable you to establish contact with movers and shakers quickly and easily. As a company or investor, you can also make contact with start-ups you have never met before.

Our central concern is to bring you together as potential cooperation partners to work together on innovative solutions and projects. This mission has been supported by our Digital Business Speed-Dating partners by contributing their networks. We would like to thank them sincerely for this and would like to introduce them to you individually here.

First Digital Business Speed-Dating powered by:

Digital Business Speed-Dating Partner

BDEW – Bundesverband der Energie- und Wasserwirtschaft

As the central association, BDEW Bundesverband der Energie- und Wasserwirtschaft e.V. represents your interests in the fields of electricity, gas, local and district heating, drinking water and wastewater, electricity and gas grids as well as heating and cooling networks. BDEW already unites more than 1,900 municipal and private companies from the sector. They lay great importance to a sustainable, economic and secure energy supply in Germany. Thus, BDEW is committed to climate protection and a reorganization of the energy supply taking into account the concerns of its members.

Berlin Partner for Business and Technology GmbH

Berlin Partner for Business and Technology GmbH offers you support with customized services and networks in science and politics. With its free services for startups, companies and investors, Berlin Partner helps you get a foothold in Berlin. They provide support for all your business activities in Berlin. They are a Public Private Partnership initiative. This initiative is supported by the Berlin Senate and over 280 companies and scientific institutions in Berlin. Berlin Partner is also responsible for global capital city marketing.

Digital Economy (DWNRW) of the Ministry of Economic Affairs, Innovation, Digitisation and Energy of North Rhine-Westphalia – six DWNRW Hubs

The “Digital Economy NRW” initiative of the Ministry of Economic Affairs, Innovation, Digitalization and Energy of the State of NRW helps startups and companies to set up and establish new digital business models. Digital solutions and digital know-how are in demand everywhere today. As startups with digital business solutions, you will receive support for your projects and for scaling up in one of the six Digital Hubs of the “Digital Economy NRW” initiative. At six locations: digitalHUB Aachen, Digital Hub Bonn, digihub Düsseldorf, Digital Hub Cologne, Digital Hub münsterLAND, ruhr:HUB they connect you with investors, medium-sized businesses, large companies and research. As an established company, the hubs provide you with access to new digital technologies for your digital change and the realignment of your processes and business models.

E-world energy & water

If you no longer want to miss a hotly discussed topic of the energy industry, then the E-world energy & water leading fair is ‘the place to be’. Europe’s energy industry meets here every year in February. On this great platform you can network and exchange ideas with decision-makers and doers. As an established company you can present your highlights and innovations here. As startups you will meet international decision makers and an interested B2B audience. There will also be exciting impulses for current market trends, the challenges and solutions for the energy world. E-world energy & water is thus a source of inspiration for the industry and beyond.

EIT – European Institute of Innovation and Technology

The EIT’s mission is to promote innovation and partnerships across the European continent. With its various innovation communities, it brings together business, education and research to bring together universities, labs and companies and to create solutions to existing challenges. To this end, the EIT carries out a wide range of innovation and entrepreneurship activities. It includes training and courses that teach technical and entrepreneurial skills as well as business creation and acceleration services.

Inno Energy

As an innovation engine for sustainable energy InnoEnergy is your contact for your innovation projects throughout Europe. InnoEnergy is supported by the European Institute of Innovation and Technology. With a holistic view of the energy value chain they are committed to the introduction of groundbreaking new technologies.

EIT Digital

EIT Digital will help you grow your deep tech business throughout Europe. With its focus on entrepreneurship, EIT Digital offers tailor-made growth support to help European technology scale-ups build international client relationships and raise capital. Its focus is on strategic and social challenges in Europe.

EnergieAgentur.NRW

EnergieAgentur.NRW offers a broad range of tasks and comprehensive expertise in the energy sector. On behalf of the state government of North Rhine-Westphalia, it supports you in all questions relating to energy. Its field of activity includes energy research, technical development, demonstrations and pilot projects, as well as market launch. The EnergieAgentur.NRW not only supports and advises companies and end consumers, but also local authorities. It offers you a broad programme of events, as well as a wide range of information on energy, the economical use of energy and climate protection. Via its social media channels you will be kept up to date on the activities and events of the EnergieAgentur.NRW.

GTAI – Germany Trade & Invest

Germany Trade & Invest GTAI is the foreign trade agency of the Federal Republic of Germany. It promotes Germany as a business location and helps foreign companies to settle in Germany by providing you with free industry analyses, information on tax and legal issues as well as on financing and funding opportunities in Germany. They also support you in exporting your products abroad or gaining a foothold in foreign markets. Moreover, GTAI helps you with research, information and updates on call for tenders.

HANNOVER MESSE

You do not focus solely on the energy sector, but work on solutions for the industry? Then you’ve come to the right place at HANNOVER MESSE. It is probably the most important platform for everyone working on technologies related to industrial processes, from research and development, manufacturing, industrial automation, logistics and services to energy and mobility technologies. It thus combines key technologies and the core areas of industry in one place. You can use the resulting synergies for your business and establish international contacts with decision-makers from industrial companies. Every year in April HANNOVER MESSE opens its doors for you.

SET – Startup Energy Transition of the German Energy Agency (dena)

As a global innovation platform, SET supports you in finding partners and implementing your innovations for the energy turnaround. The SET platform brings you together with companies and investors. The SET Award and the SET Tech Festival create a stage for all your solutions and business models with which a sustainable future can be created. With its growing global network, SET connects you with political decision-makers and organizes direct exchange for you. SET is an initiative of the German Energy Agency dena in cooperation with the World Energy Council WEC.

VINCI Energies

As a service provider and systems integrator, VINCI Energies helps you to modernise your infrastructures and build digital solutions in the fields of industrial engineering, energy technology, IT and building services. With its focus on implementing new technologies, VINIC Energies ensures that energy, transport and communication infrastructures in factories, buildings and information systems are state-of-the-art. In doing so, they lay the foundations for digital transformation and energy system transformation.


 

Finally, some information on our own behalf…

If you don’t want to miss any more of our events, please register on our platform. All those who are working on innovative solutions and are looking for cooperation partners for their innovation projects can become members of our innovation network.

By registering with a personal and/or company profile on Innoloft, you can use many features of our platform completely free of charge and get notified about our next Digital Business Speed-Dating.

As a startup you can apply as “Startup of the Week” with a completely filled out profile and your cooperation application. We will promote you with an interview on our blog as well as on our and our White Label Partner Platforms. We also distribute your interview via our social media channels. This way, we help you to grow your brand-awareness!

Join the Innoloft Community now!

dena and SET launch the SET Network with Innoloft: Innovations, networks and partnerships for energy system transition


Energy & Environment, Energy Efficiency and Environment, Energy Market & Trading, Energy Supply

The topic of energy system transformation is more urgent than ever. Due to our digitized way of life, we now consume about ten times as much electricity as our fellow human beings did about fifty years ago. Time is pressing. But how can we succeed in generating and using energy exclusively clean, affordable and safe?

In Germany, about one third of the electricity comes from renewable energies, i.e. wind power, solar energy or biomass. Emissions of climate-damaging greenhouse gases are being successively reduced and the last three nuclear power plants in Germany are to be shut down by 2022. This is a correct approach, but no panacea.

Innovative energy industry: Start-ups bring new dynamism to the energy transition

To support political approaches and decisions, the energy industry needs a fresh spirit, spontaneity and flexibility. All the better that there are more and more young founders who come up with innovative ideas and solutions. But it is precisely these young founders who need support from investors and experienced companies in order to develop and establish their innovations. Often, this is exactly the point where they fail and good and innovative ideas cannot be pursued further because money and expertise are lacking.

Start Up Energy Transition launches SET Network – with support from Innoloft

This is the focus of the German Energy Agency (dena) and the Federal Ministry of Economics and Energy (BMWi): The Start Up Energy Transition (SET) Global Innovation Platform is intended to offer energy transition start-ups various forms of support, i.e. through the annual SET Award and SET Tech Festival.

Similarly, the Start Up Transition (SET) is established with an international focus as a global forum and with the conviction that a sustainable future is directly linked to innovative business models and political will. The operating organisation here is dena as well – in cooperation with the World Energy Council.

In order not only to continue this promising approach but also to deepen it, on July 1st, the SET Network with an international approach was launched together with Innoloft. This is a network that is aimed equally at start-ups, established companies and interested investors. Start-ups can network with interested companies, investors can compare attractive investment opportunities and established corporates can promote cooperations with young start-ups. In the end, joint innovative product ideas can be developed and brought to market.

Numerous features offer quick and uncomplicated ways to accelerate the networking of the individual players and thus drive forward innovations for the energy transition: With the help of applications, startups can, for example, communicate directly which resources they need for product development or whether investors are being sought. Meanwhile, companies and corporates use the search for startups in the energy sector to pursue their own use cases, and investors are offered an overview of the latest innovations to find promising projects.

Click here for free registration and further information about the SET Network.

Startups of the Month – June 2020


Energy & Environment, Health & FoodTech, IT & ICT, Mobility

Our five startups of the week of june at a glance

In June, the startups OMNIA, Genie Enterprise, Famedly, Vimbee and Synertics gave us exciting insights into their solutions and innovations with their Startup of the Week interviews. We have briefly compiled statements about their business models, markets, target groups and solution approaches for you here, in our startups of the month format. You can read the details in the individual interviews. Moreover, you can contact them directly via our messenger function in our network. Here you can also present yourself with your own profile and get in contact with the startups.  

OMNIA – Leading transformation processes to success (CW23)

We follow a very simple approach in what we do: ‘master, quantify, implement’.“ – Andreas Pointvogl, Managing Partner at OMNIA 

The energy turnaround is still in full swing. More and more companies and energy suppliers are converting their entire systems. However, this will cost time, money and probably also a lot of nerves. This is why OMNIA is focusing on precisely these transformation processes. Their expertise lays not only in the theory, but also in the actual implementation. OMNIA advises and accompanies their partners through every step of the process and the consultants become part of the team. This results in a mix of technical experts, development workers and politicians, which is unique in the market.

Customers include governments, international organisations, banks, public and private companies that are in a transition process, want to accompany it or initiate it. The current focus is on the energy sector, with OMNIA also developing new services in the field of sustainable financing. You can read more details about them and their services in the interview or find out more in their requests.

Read the full interview with OMNIA

Genie Enterprise – Using artificial intelligence (CW24)

„We digitize human perception by using the latest research findings to create practical, sustainable solutions.” – Regina Keßler, founder of Genie Enterprise

Genie Enterprise develops products and applications using artificial intelligence and machine learning. In addition, they support their customers with their expertise through classic consulting. With their products they solve concrete problems in a specific area. One of the applications is WineGenie, a digital sommelier that suggests suitable wines to customers in the online shop, but also on site. The startup also offers solutions for the customer service area, which they can adapt according to customer needs. Human behaviour and perception are always the important basis on which to build. Currently, WineGenie is about to enter the market. At the moment they develop and test further solutions.

With large medium-sized and large companies as a target group, Genie Enterprise is dedicated to a variety of projects to make life easier for people with the help of AI. For more information, contact details and partnership requests, please refer to our database in your requests.   

Read the full interview with Genie Enterprise

Famedly – Successful communication in the health sector (CW25)

„Good medicine is created through good communication and teamwork, therefore Famedly bundles all communication channels and ensures that the right information reaches the right people.“ – Dr. Phillipp Kurtz, CEO of Famedly

New health data is generated every second. Therefore, to ensure optimal patient care, you must exchange the data securely and efficiently. Otherwise, errors in treatment or diagnosis can occur. Famedly has developed a solution for that. Famedly is a decentralized platform for medical cooperation. It enables a large number of medical institutions, such as hospitals and doctors’ practices, but also pharmacies and inpatient care, to improve cooperation within and outside the institution. Depending on the needs, there are different functions that can be used.

All functions meet the requirements of data protection and are absolutely safe to use and forward data. The open source technologies used by Famedly offer such a high level of data security that  also the French government and the German Bundeswehr use them. With Famedly, security and data protection no longer slows down digital progress in medicine, but provides the decentralized platform for smooth digital change. To contact Famedly directly, you can use our database and its requests.

Read the full interview with Famedly

Vimbee – Platform for consumers and companies (CW26)

Vimbee can become the world’s first and only prosumer network that turns consumers into valuable prosumers for businesses.” – Ehsan Shirangi, CEO of Vimbee

Vimbee is developing a platform for the exchange between customers and companies. On this platform, consumers can provide product-related feedback. This way, companies receive direct feedback on the success of their product. This knowledge about the consumer can also be used for market research purposes. The global economic system is mapped in digital form, which promotes real data mining innovation, growth and knowledge on a global level. The user generated content provides the opportunity to conduct recommendation marketing. For consumers, the use of the platform is free of charge, while companies have to pay for access. Here Vimbee offers different price levels. Currently, Vimbee is at the end of its testing and development phase. Take a look at the database to find out more about their request.

Read the full interview with Vimbee

Synertics – Data Driven Mobility Solutions (CW27)

“Compared to other solutions, which often only represent descriptive data, we offer solutions that specifically evaluate data, merge it with external databases and thus generate significant added value for the user by creating algorithms and applying AI methods.” – Manuel Pessanha, CEO at Synertics

The mobility industry faces many challenges: E-cars, sharing models and ensuring efficiency. One thing above all is needed for this – data. You must analyze and evaluate this data before it can be used. Synertics develops suitable applications for exactly this case. In other words: their platform solutions promote productivity and profitability of products and services in the mobility industry. That means that Synertics focuses on investors, operators and communities involved in charging infrastructure, car sharing and micro-mobility. They thus offer an analytical tool that provides valuable insights by evaluating data. Founded in early 2020, Synertics is now in the process of refining its technology. A beta version was already tested in 2019. Check them out on our platform.

Read the full interview with Synertics

Smart City – LoRaWAN as an opportunity for municipal utilities


Energy & Environment

In the last decades, we have experienced the rapid development of digital technologies. Products and solutions based on these technologies are becoming increasingly important. Parallel to this development, urbanization is a continuing trend. Many people are attracted to cities, which at the same time causes logistical and infrastructural challenges for the cities. Separated living, working, and leisure areas lead to a high volume of traffic and pollute cities. In addition to high emissions with polluted air, traffic jams and noise have a negative impact on life in the cities. Smart City solutions aim to avoid these. They want to make cities more liveable.

What is meant by a “Smart City”?

The aim of Smart City solutions is to make life more pleasant and enjoyable for the inhabitants of cities. Cities are to become cleaner and more people-friendly, while simultaneously increasing the quality of life. But how can this be achieved? The answer is by applying the latest digital technologies that enable smart connectivity. This primarily includes the so-called Internet of Things – IoT. This is based on a sensor-supported data network that can be used to collect and evaluate data. For this, it requires the establishment of appropriate communication infrastructure.

This is where modern communication technologies such as LoRaWAN technology come into play. LoRaWAN stands for Low Power Wide Area Network. This technology is a wireless, battery-powered radio technology with a long-range and high penetration. It enables cities to build their own license-free IoT network. By adding sensors to urban infrastructures such as power lines, roads, lanterns, buildings, and facilities, data can be collected and transmitted wirelessly via gateways to network servers. The incoming data can then be processed and finally analyzed. Thus, an evaluation for specific purposes and applications in areas of daily life can be carried out.

Which applications do Smart City solutions allow?

A variety of Smart City applications can be realized by building a radio-based IoT communication network using LoRaWan technology. The use cases range from local, sustainable energy supply and intelligently controlled waste management to intelligently controlled street lighting, parking space management, building management, or facility monitoring. For example, LoRaWAN data can also be used for intelligent control of public transport. Processes can be managed more efficiently by collecting and evaluating data. This in turn supports process optimization for utility companies, such as municipal utilities or transport companies, and helps to reduce costs.

Smart City applications as a new business area for utilities?

For the utilities, this means two things: On the one hand, they can open up new business areas and establish services by building up such an infrastructure. On the other hand, they contribute to solving key challenges facing cities. By building the necessary infrastructure for IoT applications, they can help rid cities of air pollution, particulate matter, traffic jams, noise, etc. Utilities can position themselves as modern infrastructure providers and citizen-friendly companies.

However, the development of new digital business areas requires companies to be willing to innovate and to enter these new areas. Likewise, it requires intensive involvement with one’s business processes, and the development of technical and digital skills, for example in the areas of IoT and LoRaWAN. In addition, moving towards new digital business models requires a willingness to invest.

What conclusions can be drawn?

Are utility companies, such as municipal utilities and transport companies, prepared to take this path? This would offer them the opportunity to position themselves not only as modern infrastructure providers. By setting up digital communications infrastructures, they enable other companies to develop new services and business areas and thus realign their value creation. For citizens, they pave the way to a smart, citizen-friendly, and liveable city.

Innoloft is currently implementing projects in Aachen and Oberhausen and helping to establish the Smart City as a new business model.

Contact person:

Marcel Nebeling
Head of Innovation Management

Email: m.nebeling@innoloft.com
Schedule an appointment

 

Innoloft Benefits Program – Boost your Startup


Banking & Finance, Energy & Environment, IT & ICT, Mobility, Smart City & Buildings

 

Startups face numerous challenges with each startup period bringing its own. In the seed phase, every activity focuses on turning a concept and functional prototypes into a marketable product. According to this the focus is on winning customers and partners with a well thought-out business model. In addition to market access, startups primarily need advice and financing.

In the growth phase, the number of customers and thus the turnover increases. However, this in turn requires the recruitment of new employees and the establishment of suitable corporate structures. These often lay the foundation for the following years. At the same time, the expectations and quality standards of customers with regard to products and services often grow during this phase. Business strategies are also adjusted or expansion is carried out in this phase. New business partners are gained and the own company network grows.

But no matter what phase a startup is in, the lack of resources is always a bottleneck. Startups need support and assistance in the form of access to infrastructure and networks as well as to financial and non-monetary resources.

Partner of the Innoloft Benefits Program

As a startup we know from our own experience how important it is to be supported in its activities. That is why we have initiated the Innoloft Benefits Program. Together with partners we offer you startup assistance.

Our partners currently include Amazon Web Services (AWS). Through their AWS Activate Program they provide companies with infrastructure services. As a startup, you can register for this via our platform and receive credits worth up to $5,000. One of the conditions to profit from the AWS-Benefit is that you invite another startup to our innovation network, which registers with its own profile. The invited startup in turn can use our network with all its features for free and can also participate in the Innoloft Benefits Program.

Click here for more information about the Innoloft Benefits Program:

Learn more about the Innoloft Benefits Program

Eventbuddy GmbH

One startup that could already profit from the Benefits Program is the Eventbuddy GmbH. The Eventbuddy GmbH offers an innovative and intuitive platform for event management and digital ticket sales.

“As a startup in the growth phase, you are quickly confronted with the scaling of your digital infrastructure. Through Innoloft’s Benefits Program, we were able to profit from a partnership with Amazon Web Services, so we can now focus on the further development of our platform.” – Lucian Holtwiesche, Head of Product 

OMNIA is the Startup of the Week 23: The plural of energy


Energy & Environment

Is it possible to successfully go through the energy market transition? How can the process be easier? Meeting the new challenges of energy reform is costly and daunting. There is so much to consider: Political processes and regulations, new business models, market integration and much more. The Startup of the Week OMNIA is a young consulting firm that specializes in these transformations. Managing Partner Andreas Pointvogl explained OMNIA’s special approach in more detail.

Hello Andreas! We are glad you are here today! Let’s start right away: How would you pitch OMNIA in one sentence?

OMNIA helps to manage far-reaching transition processes towards greater economic and ecological sustainability – on a small and large scale.

How does this work in detail?

We follow a very simple approach in what we do: “master, quantify, implement”. This, through our previous experience in application, leads us to work holistically in the few areas we call ours. Our claim is not only to be an expert in each sub-theme, but also to be able to implement it and to bring our partners up to the same level. This has an effect on our products, which benefit from our overall economic understanding as well as our detailed knowledge. While we use established IT solutions, we constantly encourage our customers to consider and implement new technologies.

What do you do differently or even better than traditional consulting firms?

We work both in very large contexts, such as sector reform programmes, as well as in small process steps that are necessary to implement a transition requirement. Our USP is that we go hand in hand with our partners through a crucial phase in their development and thus become part of the team. We work as and with a mixture of experts, development workers and politicians, which is unique on the market.

What is your business model?

We offer modern standard solutions in the field of quantifying and implementing structural transition processes. We specialise in the areas of energy system transformation and sustainable financing. At the moment we are developing a new standard for reporting and due diligence in the field of sustainable finance, which will help to meet future European requirements at an early stage and make our partners first-movers. Our business model is a new form of advisory service, which is characterized by a focus on our special topics, but also by a full-service attitude.

You have already mentioned your areas of expertise, namely topics such as energy system transformation and sustainable financing. Are you also active in the international field? Who are your clients?

Yes, exactly. We mainly operate internationally. Our clients are governments, international organisations, banks, state and private companies that are in a transition process, want to accompany or initiate it. Our potential target group are all institutions that are active in the energy sector or are committed to sustainability and are therefore very large. However, this is again limited by the fact that we only want to work with clients on a long-term basis and in partnership, i.e. not in a classic client-service provider relationship, which for many already requires adjustment.

What developments have you planned for the near future? And where do you currently stand?

We are standing very firmly on one foot in the field of transition in the energy environment and are currently rolling out our offering in the field of sustainable finance with strong partners, i.e. our second pillar. In the future we will tackle the areas of smart city and mobility services and roll out new service products there.

Andreas, thank you very much for the insightful interview. We wish you continued success in opening up to new areas!

If anyone wants to learn more about OMNIA, please visit their Innoloft profile.