Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: Ginmon from Germany

gm_logoCODE_n CONTEST Finalist Ginmon allows customers to invest money in a globally diversified portfolio based on proven scientific methods. Customers gain access to high returns while enjoying the low risk associated with broad investments in over 10,000 companies in 47 countries. The FinTech startup provides a transparent, all-inclusive solution that enables customers to understand their investments and give them the feeling their finances are in safe hands. How? That’s what CEO and founder Lars Reiner, told us in this interview.

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

Lars: Ginmon is all about providing a modern and efficient personal wealth management. While working for one of biggest commercial banks in Germany I realized that proven scientific concepts were often not offered to customers. Those concepts are taught around the globe and proven many times. Banks do not offer products based on those concepts because they are very low margin and not as profitable as traditional products. Therefore to really profit from professional wealth management one has to study investment theory and do it himself or pay horrendous sums to personal wealth managers. Additionally it seemed to me that large companies could not or did not want to react and adapt to the possibilities digitalization provided. As a technology and innovation loving person I had a concrete idea about how customers could benefit from digitalization, but the established financial industry did not provide me with the right setting to implement those ideas. Finally the request of many friends and family members who were looking for a solution to build wealth efficiently triggered my decision to start Ginmon. To put it in a nutshell: I wanted to implement the ideas I had for digital wealth management, provide an investment concept which was up date only restricted to professionals and last but not least enable my friends and family members to build up wealth efficiently.

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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: 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: 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

How to successfully incubate startups – a guide for corporations hungry for innovation

Yes, we know the road to innovation can be tough. But it’s more important than ever to rescue businesses and bring them safely to the path of digital transformation. There sure are several ways to reach this goal. But examples of money pouring into R&D that left the companies empty-handed show that business incubation of startups is the better way for corporations to develop new technology and business solutions. Startups have the disruptive power and lateral thinking ability that are often missing in established companies. And they already come with the advanced, game-changing innovation that might be the solution to your problems! But in order to achieve a fruitful co-operation, a fertile ground is necessary. So better read on and learn how to successfully incubate startups in our quick guide for incubators!

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Filiz Sarah Gärtner

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

logoOur CODE_n CONTEST Finalist CRiskCo revolutionizes the credit approval process and helps loan providers with key challenges such as financial data acquisition, response time reduction and better risk assessment. The startup’s infrastructure connects to accounting systems in a one-click process, collects relevant data, standardizes it, and sends it to the loan provider in seconds. CEO Erez Saf told us some more details about his FinTech company!

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

Erez: CRiskCo is disrupting the credit information business, a field ruled by giants such as D&B and Experian, which lack the tools and data needed to predict or manage credit portfolios. We help businesses reduce bad debt and make good credit decisions by providing credit risk information, by predicting future defaults and by assessing risks of current and potential customers. CRiskCo’s revolutionary approach includes the use of unique Artificial Intelligence algorithms, Big Data models and a cloud based technology. CRiskCo’s goal is to enable trust between businesses worldwide and enable new credit solutions to address SMB’s needs.

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In my former role as CTO for a SAP Partner and an SME consultant, I had developed ad hock solutions for businesses to manage and control their credit customers’ portfolios. I personally witnessed businesses deal with dozens of poor clients, who defaulted or displayed sporadic payment behavior. A couple of years later as the CIO of eLoan.co.il, a P2P lending platform, I was exposed to some great tools and innovative ideas for managing individual’s credit portfolios, which I noticed that the SME community lacked. This is what drove me to start CRiskCo. More…

Filiz Sarah Gärtner

Meet our CODE_n CONTEST Finalists 2016: UrbanAlps from Switzerland

urbanalps_logoCODE_n CONTEST Finalist UrbanAlps is a high-tech startup based in Switzerland that is reinventing the mechanical key with 3D printing. The young company is a constellation of innovation specialists with a focus on laser processes, plus a group of remarkable advisors ranging from former members of the executive team at ASSA ABLOY to serial entrepreneurs (a-connect) and directors at McKinsey & Co. For this interview we talked to Managing Director Alejandro Ojeda. Have a quick read to find out more about the Photonics finalist:

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

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Alejandro: UrbanAlps is about Swiss security products for the city. We bring the Stealth Key: the affordable house key that is safe against 3D copy.

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

Alejandro: To put it in a nutshell: We take a centuries old industry of traditional hole drilling to a world of 3D metal printing.

You’re one of the 13 finalists in the Photonics contest cluster. Which challenges do you think young companies have to face in this sector? How do you handle these challenges?

Alejandro: My personal feeling is that hardware startups are strongly handicapped compared to ICT or medTech startups for relevant reasons (i.e.: deployment speed of products…). We tackle that challenge by having a scalable strategy for a huge market: mechanical keys.

Your solution seems to solve a lot of problems. Are there already plans for a market entry of your product? More…