We continue with an in-depth look at the trend of robotics and AI! Today, let’s turn to another fascinating startup story, this time in a field undergoing sweeping developments – especially when it merges with educational technology (EdTech): our Spanish CODE_n alumnus Aisoy Robotics. Aisoy creates “emotional entertainment robots” that are changing the way people play, learn, discover, and have fun. Will they revolutionize the education industry by getting robots to teach children – not only in terms of knowledge acquisition but also emotional intelligence? Learn more in this interview with Aisoy Robotics and its founder and CEO, José Manuel del Río.
Frankfurt, Hamburg, Berlin, Munich and now Stuttgart – to name just a few! The Federal Ministry of Economics Affairs and Energy recently announced the launch of twelve digital hubs in Germany as part of its Digital Hub Initiative. The aim of the program is to foster collaboration between companies and business entrepreneurs, thus allowing them to work side by side in close quarters, similar to Silicon Valley. The program will also help fuel collaboration between the German startup scene and industry hotspots. An alliance of regional players, GFT Technologies SE and CODE_n among them, formed a consortium that nominated and qualified Stuttgart as a leading digital hub in Germany. The focus: the industries of the future! The Initiative is a great opportunity to bundle the strengths of the lively local startup scenes, international world market leaders and the excellent science in Germany!
Ta-da! Say hello to our new CODE_n SPACES resident BABYBE medical! Every year, 3.3 million babies are born preterm. The big problem is that current incubators do not have the means to foster brain development in premature babies, who need a womb-like environment with something that feels like the heartbeat and voice of the mother. This can now change thanks to “bionic emulation” of the mother’s body, provided by the ingenious technology of BABYBE! We’re delighted to introduce our new CODE_n community member in the HealthTech/IoT sector: BABYBE medical. We asked CTO and founder Raphael Lang 5 questions about the startup, life as an entrepreneur, and the cool stuff they’re doing.
Adopting the right approach to digital transformation creates new and exciting opportunities for companies and new ways to shape their own success. But every journey has challenges, especially at established corporations. Equally, even smaller initiatives like trying to promote more digital innovation or adopting new ways of thinking within an organization seem to create obstacles for corporations. Of course, companies have already unearthed a number of potential corporate innovation methods and have learned a lot. But the journey to become a digital pioneer not only involves managing the many different aspects of digital transformation, firms also need access to global networks – experts, experienced pioneers, people who know about tech-related topics, the broader challenges (e.g., engendering an effective culture of innovation), and specific innovation formats (e.g., startup co-creation models).
CODE_n has been a key player in the innovation scene for years and is now opening up its network and experience to established corporations and SMEs. Why? To help them to boost their innovation processes themselves; to allow them to become a digital pioneer under their own steam.
What comes to your mind when hearing “Stuttgart”? Let’s say, other than CODE_n’s home base, do you think of it as a booming scene for startups? No? Well, you might as well reconsider this since Stuttgart is becoming more and more of an insider tip for starting businesses. Yes, you heard right. This German city is capable of so much more than Maultaschen and Spätzle! Today we discover the strengths, weaknesses and special powers of Stuttgart as a tech startup hub!
Heads up, companies involved in manufacturing! It’s like all the talk at the moment is of robotics and machine learning, especially when it comes to digitalization. So all the more reason for us to greet the latest new residents at CODE_n SPACES: TruPhysics! An AI/robotics startup from Stuttgart, TruPhysics is working on some amazingly revolutionary ideas – as its CEO Albert Groz reveals in a brief interview. It makes for some fascinating reading!
We decided this time to talk to one of the residents of CODE_n SPACES about a topic that many find fascinating, especially in the world of business startups: pivoting! The term “pivoting” originates from the lean startup thinking of Eric Ries. It’s used to describe what happens when a business model has to be completely overhauled and everything goes in a new strategic direction. It’s based on the Build-Measure-Learn method and the idea is that a startup applies lean techniques to radically evolve its business model and address actual market needs and customer requirements. It’s not uncommon for customer feedback, testing, the competitive set, or some overall shift in the market to force business founders to throw out their original idea – just to identify a business model that actually will return a profit. And why not? How often is the first attempt at something right on the mark?
Long gone are the days when entrepreneurs would start their business right in their hometown. Nowadays, the financial, social and digital advantages that each city can offer to startups have become a lot more important. Since founders often have the agony of choice when searching for a suitable place, we like to take a closer look at cities with promising startup hubs worldwide in a regular basis to determine their pros and cons.