We’re pleased to welcome Ostwerk, the investment arm of Sparda-Bank Berlin as a new partner at SpinLab in Leipzig and ExciteLab in Dresden. Together, we aim to support startups that combine business potential with regional responsibility.

SpinLab and the HHL Leipzig Graduate School of Management are expanding their close partnership in their tenth anniversary year and have gained the Mitteldeutsche Stiftung Wissenschaft und Bildung of VNG AG as a strong regional partner.

This is the biggest alumni funding round in our network. 😮The series B round was led by C.H.Beck. Additional investors include Northern Data, Dentons and SpinLab Partner CMS. Noxtua is an alumnus of the 3rd SpinLab class in 2016 with Leif-Nissen Lundbæk, PhD where it participated in a challenge by our partner Porsche Leipzig.

The energy transition poses significant challenges for the utility industry, especially municipal utilities. These challenges include the digitalization of networks and infrastructure, the expansion of renewable energy sources, the modernization of business processes, and a cultural shift towards greater innovation. To actively shape this transformation, SpinLab – The HHL Accelerator and Energieforen Leipzig have established a partnership.