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…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: nevisQ from Germany

nevisq_logonevisQ provides patented smart baseboards that can recognize and analyze activity in rooms. The young HealthTech startup therefore provides a solution which can detect and prevent falls in nursing homes. In the event of a fall, the nurse is notified via an app/web or an app/bell system. Dennis Breuer, Co-Founder and Managing Director of nevisQ told us more about his young company, which is among our CODE_n CONTEST finalists this year.

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

Dennis: nevisQ develops technologies to make living in rooms easier and more secure. Our first application is a system which automatically prevents and detects falls of elderly people. By simply installing smart baseboards we can monitor objects, persons and activities in a room. Our solution helps nurses in a nursery care home to keep the overview of all residents and therefore to work more efficient. In addition to that, the follow-up costs of a fall can be reduced.

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

Dennis: Our system is to a high degree self-thinking and -acting, which means that certain actions of people are no longer necessary. Elderly people do not need to wear any gadgets or execute actions on their phone. The system performs all of it by its own by recognizing and analyzing the behavior of people. The number-one solution to prevent and detect falls of elderly people in Germany is a button which they have to carry around their neck. This is very stigmatizing and in case of an emergency, most people are not able to press the button or are not wearing it at all. Our solution is based on a completely new way of detecting and preventing falls, using artificial intelligence. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: otego from Germany

otego_logoCODE_n CONTEST finalist otego is poised to be the first manufacturer of low-cost thermoelectric generators (TEGs) that are suitable for mass use. By avoiding batteries in IoT devices, otego TEGs are a sustainable solution for harvesting energy using wireless sensors and actuators. Frederick Lessmann (Business Development), has answered all our questions about his startup that was selected for the photonics cluster:

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

Frederick: otego develops innovative thermoelectric generators (TEGs) that transform heat sources into sources of electricity – maintenance-free and by utilizing even small differences in temperature. With otego-TEGs many Internet of Things devices will gain a new power source that makes them independent from batteries.

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

Frederick: Ambient heat is almost everywhere. But so far we don’t really know how to utilize these small differences in temperature. What solar cells are for transforming light into electrical power our generators will be the equivalent for the transformation of heat. In other words, thanks to our generators heat sources will turn into power sources all of the sudden. I think this is pretty disruptive. And most importantly our generators will cost less than alternatives like cables or batteries which hopefully will make them a true innovation in the market. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: Geospin from Germany

gs_logoFrom data editing and cleansing to data analysis and prediction – our CODE_n CONTEST finalist Geospin helps to exploit the full potential of geospatial data. No more need to rely on rough estimates and costly trial-and-error approaches. Selected for our Connected Mobility cluster, Geospin enables companies to profit from their own digital resources by enriching enterprise data with external sources to find the perfect locations for their service. Executive partner Dr. Sebastian Wagner answered all our questions:

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

Sebastian: Four of the five founders of Geospin have worked for the Chair of Information Systems at the University of Freiburg. Over the course of several research projects, we began to notice the disruptive potential of geospatial data analytics – and how little it is used in most companies. We decided to “fill the gap” and put our research experience into practice. That’s how Geospin was born.

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

Sebastian: About 90% of all in-house data has a spatial component. However, many companies still lack the technical expertise to gain insights from their data. Our approach helps to exploit its full potential, complementing the internal data with relevant geospatial data sets from external sources. Using cutting-edge algorithms based on novel data analytics and machine learning techniques, we support our customers with data processing, analysis and predictive analytics. For all companies, a central business goal is to offer its services at the right time and at the right place. Your data knows where and when; and Geospin will figure it out for you! More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: creditshelf from Germany

cs_logocreditshelf is an online marketplace bringing together SMEs and professional investors, providing unsecured loans ranging from €100k to €2.5m with a runtime of 1-12 months. Based in Frankfurt, the CODE_n CONTEST Finalist makes sure that each accepted loan project goes through a detailed risk analysis before it is uploaded for a blind bidding process. We talked to CSO Daniel Bartsch (PhD) about his company: FinTechs, he says, naturally compete with banks – but he also tells us why this is not at all creditshelf’s goal.

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

Daniel: In times of low interest rates and tighter regulation banks do increasingly refrain from serving financing needs of small and medium sized companies. Stepping into this gap creditshelf is offering short-term working capital loans to SMEs, online via a lending platform connecting borrowers directly to our network of professional investors. Using cutting edge peer-to-peer technology we make available to our investors a new asset class that was previously reserved for banks, whilst we provide quick and easy funding to SMEs at attractive rates.

The creditshelf team at the "Frankfurter Gründerpreis" winning second place as best FinTech.

The creditshelf team at the “Frankfurter Gründerpreis” winning second place as best FinTech.

The idea was born following the financial crisis. The creditshelf founder team consists of senior banking and financial services professionals. First hand in our day to day banking businesses we realized that banks are not serving the financial needs of SMEs like they did before the banking crisis. In our heads came up different models how to fill this gap. We felt it was the right time for the introduction of a disruptive business model in corporate financial services. As a consequence we founded creditshelf late 2014, and quit our banking jobs. Fast forward 18 months, we are sitting in our small new office in Frankfurt am Main, with a team comprising 20 people across sales, risk management and IT, serving SME clients. To date, we have originated a significant double-digit million EUR amount of loans to these “Mittelstand” companies that mark the backbone of the German economy. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: WearHealth from Germany

wearhealth_logoThe wearables market is set to grow exponentially and has the potential to transform how healthcare services are provided. Wearable devices will soon generate large volumes of medical grade data, but without analysis and insight from health experts, they won’t reach their full potential. That is why our CODE_n CONTEST finalist WearHealth is on a mission to enable personalized mobile preventive health care by bringing together medical wearable technology, artificial intelligence, and health experts. Co-founder and CEO Esteban Bayro Kaiser tells us how this can be achieved:

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

Esteban: WearHealth is the AI-driven platform that learns from health experts and data from wearables to empower Personal Health Assistance.

We are a research spin-off from the Institute for Artificial Intelligence at the University Bremen and have years of experience in dealing with data from wearables and machine learning. Due to the increasing shortage in global health workforce and avoidable healthcare costs that are attributed to non-adherence, there is a high demand for new solutions in the area of mobile health. At WearHealth we are building a context-aware personal health assistant (PHA) that is able to learn from health experts and data from wearables.

The first version of the PHA is able to recognize gestures such as pill-intake, eating and smoking with the help of commercially available wearables to support patients with medication adherence. We are working together with our customers the re- and health insurances and pharmaceutical industry to bring this solution to the market. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: Toposens from Germany

toposens_logoToposens, one of our CODE_n CONTEST finalists of the Connected Mobility cluser, builds innovative 3D sensor technology and is developing a completely new method of localizing 3D positions through ultrasound and radar for the precise 3D detection of objects in real time. The Toposens sensor system generates new ways of providing non-optical vision for technical objects, such as robots, autonomous vehicles, or IoT systems. The founding team consists of the two engineers Alexander Rudoy and Rinaldo Persichini and Tobias Bahnemann, who we’ve talked to in this interview.

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

Toposens builds innovative 3D sensors, which can perceive their surroundings via ultrasound in real time. Basically, we transfer the ability of a bat to see in the dark to technical devices. It is small, low power, robust and precise, available for a competitive price and protects privacy. The sensor can be used for gesture control, collision avoidance and to track people.

During his mechatronics studies, Alexander Rudoy wanted to build a toy robot fish that swims around in an aquarium, powered by electromagnetic fields. For this purpose, he needed a 3D sensor to locate the fish underwater. There was no suitable sensor available on the market due to technological issues or because they were too expensive. Therefore, Alex started developing the algorithm for the 3D ultrasound sensor over the course of the following three years by himself. In 2014, he got together with Rinaldo Persichini and Tobias Bahnemann and they started Toposens.

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

Toposens did not improve existing technology – we developed a novel technology from scratch that is superior to the existing ones in many important aspects. Even though ultrasound has been used for a long time, our algorithm allows us to be the first one to receive 3D “images” from a single ultrasound sensor system.

The specifications of ultrasound technology make it possible for the first time to build a 3D sensor system which is mobile, low power, robust and reasonably priced. More…