Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: SpinDiag from Germany

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SpinDiag enables fully automated, PCR-based screening for drug-resistant pathogens in less than 30 minutes. The system consists of a disposable lab-on-a-disk and a portable device. Hospitals can screen quickly and reliably during patient admission and isolate and treat risk patients. This significantly reduces the risk of infection to other patients and cuts hospital costs. In this interview, Mark Keller, Co-Founder of SpinDiag, tells us more about the vision for his startup and the challenges their facing in this very specific sector:

What is SpinDiag all about? How did you come up with the idea?

Mark: Hospitals have a big and increasing problem with antibiotic-resistant bacteria that are brought in by patients and that can infect other patients. Our SpinDiag one system enables the detection of these antibiotic-resistant bacteria directly from common swab samples. Therefore, when patients are admitted to a hospital they can be tested quickly and non-invasively. This allows doctors to decide right away if a patient needs to be treated in isolation to protect others from getting infected. This idea actually came to us when we were talking to clinicians and became aware that the best way to prevent an infection is to know about it directly at the hospital gate.

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“Digital Disruption“ – that’s the motto of this year’s CODE_n CONTEST. What makes your solution innovative, what makes it disruptive?

Mark: Our SpinDiag one system will be the first to cover all relevant antibiotic resistances while providing this diagnostic result in a fast and affordable manner. For the first time, this will allow hospitals to consistently screen any risk patient (or even every patient) at his or her admission. Because all in all, our system will save money both for hospitals and the health care system in general, will protect staff and patients and will allow targeted treatment of infected patients, we believe that it will disruptively change our way how we fight antibiotic resistances in the near future. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: NIMD from Israel

nimd_logoNIMD (noninvasive medical devices) is a medical device startup focused on the treatment of cancer currently at the R&D stage. Its revolutionary technology is based on microwave and nanotechnologies. The device of our CODE_n CONTEST finalist can heat and kill cancer tumors at low microwave powers and at high precision without causing damage to the surrounding tissue. Needless to say, the team around NIMD belongs to our HealthTech cluster and aims at finding a solution to cancer and improving people’s quality of life. We talked to Founder and CEO Anan Copty to learn more about his startup:

What is NonInvasive Medical Devices all about? How did you come up with the idea?

Anan: NIMD is a medical device startup developing cancer treatment devices at the pre-clinical stage. It utilizes microwave and nano technologies to selectively and noninvasively, heat and kill cancer tumors with no damage to the surrounding tissue. The device will also noninvasively detect early stage tumors. NIMD believes it has the ultimate device for cancer thermal treatment.

NIMD‘s team consists of a diverse, passionate and innovative group of scientists and engineers. It has finished its proof of concept stage, with IP generated, animal studies performed, and the company is currently raising its Series A round. We are targeting the European market, and then, the American and Asian markets.

After seeing so many close people die or suffer from cancer, a huge research was started to figure out what can be done. Both founders were working at Intel Corporation before the creation of the company. They decided to quit their jobs and start NIMD in January, 2015. It was a big risk to leave a stable job as both founders have families to take care of. But, both founders feel that is was the best decision they made and carried through with the project. Today, NIMD is making big progress. In less than one year with funding, NIMD built its team, built is laboratory, took the concept into a working prototype, tested the device on biological phantoms mimicking the body, and started performing animal studies. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: FaunaPhotonics from Denmark

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Our CODE_n Finalists FaunaPhotonics is planning to work in partnership with the crop science industry to offer seamless data integration between in-field sensors and the leading digital farming software platforms. This will enable crop science players to make advancements in data analytics. In this interview, CEO Frederik Taarnhøj lets us know how exactly this works and what it could mean for the agricultural market (- let’s just say right here – it could mean quite a lot)!

What is FaunaPhotonics all about? How did you come up with the idea?

Frederik: FaunaPhotonics is specialized in developing and providing laser devices in a new and exciting field. Our technology can perform real time spatial mapping of flying insects. For this we use a LIDAR, an instrument that emits a broad laser beam and detects the reflected light from insects, giving information about the size, behaviour or even color of the biological object. Accurate knowledge about the presence of pest insects in agriculture or disease vectors such as malaria mosquitoes is a key component in developing new and more sustainable strategies. Thus, we aim to quantify nature to ensure sustainable crop utilization and to improve tools for disease control and biodiversity for the benefit of mankind. We are working with partners in agriculture, malaria control and environmental monitoring to bring our new technique to market. The laser technology making this possible was invented by a creative researcher at Lund University in Sweden. FaunaPhotonics, which is based in Denmark is working hard to activate application of the LIDAR technology in high impact fields with very skilled employees joining our journey.
More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: NovioSense from the Netherlands

noviosense_logoNovioSense, CODE_n CONTEST Finalist in the HealthTech cluster, is a medical sensor company that develops cellphone-powered sensor devices for glucose monitoring in diabetics. Their first product is a non-invasive, wireless, cellphone-powered sensor that measures glucose levels in tears. CEO Dr. Christopher Wilson, has run us through his vision for the young Dutch company – which is quite amazing. Read for yourself!

What is noviosense all about? How did you come up with the idea?

Christopher: NovioSense is all about changing the status quo in diabetes monitoring. We are going to bring a non-invasive glucose monitor with the accuracy of minimally invasive devices at a price point that is accessible to all diabetics. The idea first came from two of my shareholders – they wanted to make a device that measures glucose in tears for type 1 diabetics. Type 1 diabetics are still part of the plan but over the past five years since founding the company and starting to raise the capital, we realised that this solution could be a whole lot more than a niche device. Providing the patient with the ability to take the equivalent of infinite finger pricks without pain and at a price point that is accessible to all opens the door to a market ten times larger than the original concept. Aside from the market size, it is something that all stakeholders want. We talked to doctors who told us that if we can be as accurate and reliable as the current devices but encourage patients to test more and take a more proactive role in the control of their disease. More…

Filiz Sarah Gärtner

“Karlsruhe is motor of digitization and hotspot for digital pioneers”

You want to know why your startup should settle down in Karlsruhe rather than Munich or Berlin? Who better to speak to than Matthias Hornberger – board member of our new.New Festival supporter Cyberforum and CFO of Kizoo – who knows the city better than anyone else. In this interview, we also took the opportunity to talk to Matthias about his opinion of many more aspects, like the way the tech scene has changed over the years or his advice for startups fishing for venture capital.

Matthias, you are CyberForum’s Chairman of the Board, and CFO of Kizoo Technology Capital, an investment company with a focus on digital startups. Which advice do you give a startup fishing for venture capital?

Matthias: Build a great product disrupting a large addressable market with a clear focus and a strong, tech-oriented team. Swing for the fences! The business model of venture capitalist does not allow for investments into small target markets or products far away from having true customer impact. (A solo entrepreneur also does not fit the ideal profile. Especially in tech startups, teamwork and complementary skills are absolutely necessary).

Matthias Hornberger, CFO, Kizoo Technology Capital GmbH

Matthias Hornberger, CFO, Kizoo Technology Capital GmbH | Fotograf: Christian Ernst

Talking process, preparation is key. Create an equity story convincing enough not only for the upcoming round, prepare a crisp pitch deck and then strive to get `warm` introductions. This significantly increases the chance to earn a shot at the can, a date to present personally. Know your counterpart before you enter the ring and – if you lose the bout – hang in there. Stamina is the most important character property of entrepreneurs – young or old. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: Kantox from the UK

kantox_logoKantox is a multinational FinTech company offering FX management solutions which allow customers to manage their currency exposure, build hedging strategies, and automate FX transactions and process international payments in a smart way. Headquartered in London, the startup will join us as CODE_n CONTEST finalist at our new.New Festival in Karlsruhe, September, this fall. Prior to that, Co-founder and Chief Executive Officer Philippe Gelis has taken the time to tell us more about his company!

What is Kantox all about? How did you come up with the idea?

Philippe: Kantox is a FinTech company offering foreign exchange management solutions. We develop technology to solve one of the major pain-points faced by international companies: currency management.

Before founding Kantox, I worked as a strategy consultant for different consulting firms including Deloitte. During my time there, one of my clients exporting food and wine was exposed to a foreign exchange. With the assistance of my then-colleague and Kantox co-founder Toni, we tried to help him negotiate with banks. We soon realised that the negotiation process was expensive and complex for a mid-sized firm with no access to live rates.

This experience allowed us to identify a gap in the market and therefore, an opportunity for launching a business. Large companies have the resources and knowledge to manage foreign exchange well and to negotiate fair and transparent prices with banks. By contrast, SMEs either have enormous difficulty doing so. They lack internal resources, technology and negotiation power.

Philippe Gelis, Co-founder and Chief Executive Officer

Philippe Gelis, Co-founder and Chief Executive Officer of Kantox

At the onset, solving this painpoint was at the core of our value proposition. Our expertise, products, and solutions allow our customers to manage their currency exposure, build hedging strategies, automate FX transactions and process international payments in a smart and cost-efficient way.

As we expanded our business further, we realised that automation is at the base of efficiency in managing foreign exchange. In Kantox, we develop FX management software solutions that allow our clients to automate their currency strategy as well as to easily hedge their risk exposure.

We have also released our API end of last year to help clients completely automating the management of their foreign exchange exposure. That way, they have FX risk much better managed, they sabe time and increase efficiency. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: HealMet from the United States

hm_logoJason Drury, CEO and founder has talked to us about his startup HealMet: With their voice-controlled, home-based multi-vital parameter platform device people are enabled to take action before a disease becomes life-threatening. HealMet was picked as one of our CODE_n CONTEST Finalists in the HealthTech sector. In this interview, Jason lets us know how their solution helps to save money, improve people’s behavior, and share information. A simple touch with two hands could avoid millions of deaths, suffering, and disability.

What is HealMet all about? How did you come up with the idea?

Jason: Most homes and offices have no on-site health station, requiring people to travel to medical sites for even the most basic health information.
Our bodies are constantly changing with age on a daily and yearly basis, which inevitably leads to slow degeneration of health that causes primarily preventable fatal and chronic diseases.

“Digital Disruption“ – that’s the motto of this year’s CODE_n CONTEST. What makes your solution innovative, what makes it disruptive?

Jason: Can you imagine a home 20 years into our future that doesn’t have an interactive medical diagnostic station inside? HealMet’s M1 isn’t a wearable, so you don’t need one for every employee or family member, you just need one. And you get fast vitals by simply grasping it with both hands for only seconds. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: senvisys from Germany

senvisys_logosenvisys – a CODE_n CONTEST finalist in the Connected Mobility cluster, works together with railway operators to develop sensors for a suitable early warning system on trains. The company produces the software internally (patent pending) and the hardware is either assembled internally or outsourced under strict confidentiality. Product Manager Janis Grinhofs talkes to us about the initial idea, obstacles and successes of his startup.

What is senvisys all about? How did you come up with the idea?

Janis: Everything began while reading about a level crossing accident in a newspaper. The question came: “Why are these still technically unsecured, since the level of technical development and automatization has greatly improved over the years. The problem lay in the high amount of expensive cabling required to detect a train that is approaching a level crossing early enough, which made conventional solutions uneconomical. Hence we set out to solve this problem from a different angle, and decided to try and use the rails as the medium for transmitting the information about incoming trains. And this is how we got to evaluating vibrations.

During our research we found that similar solutions already exist: They also use the vibration concept for early train detection, but the main drawback of these solutions is that they can not reliably predict the correct time of when a train will approach the measurement point. Our solution does not have this drawback and moreover, we managed to predict the direction a train is moving in and it’s speed long before it reaches the crossing (2 to 5 km in advance). From all the collected data we could localize the position of a train along the measurement range, which gives great precision and timing for safeguarding of level crossings. More…