Very good news for SpinLab startup IO Dynamics and the Smart Infrastructure Hub Leipzig. The e-mobility startup has successfully closed its seed financing round and is planning a second base in Leipzig. IO-Dynamics offers smart energy management for electric fleets and charging infrastructures. Their fully automated and easy-to-use charging software is vendor-agnostic, grows with the fleet and adjusts to clients requirements. The team is currently part of the 13th SpinLab class. Participating in our program has already paid off.

After a very successful startup phase in 2021, in which strategic partnerships were established with well-known industry players and additional customers were acquired, the Flensburg-based startup was able The private venture capital fund Smart Infrastructure Ventures invested alongside High-Tech Gründerfonds, be10x Capital as well as strong industry experts as business angels. Leipzig is one of the most innovative regions in Europe, we are pleased that the founders have recognized this and the city of Leipzig has gained an innovation driver in the energy transition. 

The newly acquired capital is also to be used to build up the new location in Leipzig. Especially in the areas of sales and development, the team aims to grow.

Johann Olsen, CEO and co-founder of IO-Dynamics states: "Leipzig is an energetic city with many startups, where we always feel very comfortable. What we like about Leipzig is its proximity to the university. There we have met many people who want to make a difference. We have a strong network on site around SpinLab, our accelerator."

Björn Bauermeister, co-founder of venture capital fund Smart Infrastructure Ventures, adds: "We very much understand IO-Dynamics' decision to also want to build up business in Leipzig. As a young early-stage investor, we appreciate the dynamism and talent pool in the city. We are pleased to be able to actively support the IO-Dynamics team as an active investor in the coming years."

The newly acquired capital will be used to establish the software IO-ELON on the market, an intelligent charging and energy management for the operation of electric fleets. In 2018, Johann Olsen, Nabil Imran and Felix Kruse founded their e-mobility startup with the idea of making electric mobility in fleets more economical, sustainable and easier. Over the past few years, they have developed a software that optimizes energy and charging management in vehicle fleets. Data from charging stations and electric cars - but also building data, flexible electricity prices and solar forecasts are taken into account and used to create charging plans.

👉 Startups who want to benefit from our strong ecosystem like IO-Dynamics should apply now for our accelerator program. The deadline ends on July 5th. Check out our application site for more details.

The round was led by Partech and byFounders and backed by existing investors capacura and Business Angels Club Berlin-Brandenburg e.V. (BACB). Aumio will use the fresh capital to triple its team and expand across Europe and in the US. Founded by Jean Ochel, Tilman Wiewinner, Felix Noller and Simon Senkl, Aumio is a meditation and sleep app for children. Aumio app provides multi-day courses and individual exercises, on topics such as “hyperactivity” or “impulsivity”. It uses short audio journeys to teach mindfulness exercises.

MotionsCloud raised around US$ 2 million with its AI insurance claim solution in the latest round. The startup was backed by investors from all around the world, co-lead by SOSV (US) and Net Insurance (IT), followed by AI Startup Incubator (CZ), ParticleX (HK), Artesian (AU), Excon Services (GER), Global Insurance Accelerator (US) and individual angel. MotionsCloud empowers insurance companies with an automated property and vehicle inspection, making the process faster and more efficient. Established in Germany, the startup already cooperates with European, US, and Asian firms.

Innovative Sensor Technology IST AG, a Swiss sensor specialist and part of the Endress+Hauser Gruppe announced the majority acquisition of Infrasolid. Our partners TGFS Technologiegründerfonds Sachsen, VNG Innovation (VNG AG) and SpinLab mentor WEGVISOR® (Titus Lindl) had invested in the Dresden based startup. The team was 2018 part of the 6th SpinLab class.

Eric Weber about the exit: "With two partners and one mentor invested, our fifth alumni exit Infrasolid once again shows that our ecosystem works pretty well."

Congratulations to the team Marco Schossig, Benjamin Buchbach and Tobias Ott for this amazing achievement!

Together with Basislager Coworking Leipzig and Startup Mitteldeutschland we present to you the brand new Werkbank Podcast "Startup Update". The hosts are Marina Chkolnikov  (SpinLab Project Manager) and Stephanie Wettmann (head of editorial Startup Mitteldeutschland).

The startup Replex is acquired by the US IT corporation Cisco. The world market leader in network infrastructure and security acquires the entire shares of the Leipzig-based startup, which develops solutions for optimizing cloud applications.

FlyNex recently closed another financing round worth millions of euros to develop new business areas and expand its current business. Stihl Digital, the venture capital arm of the well-known power and garden equipment manufacturer, is investing in FlyNex together with High-Tech Gründerfonds (HTGF), Technologiegründerfonds Sachsen (TGFS), GPS Ventures and Snowflake Ventures. The newly formed partnership is intended to support customers in forestry, gardening and landscaping in particular with data generated by drones.

SpinLab, one of the top 3 accelerators in Germany, is once again opening its application phase for startups. Ambitious founders who want to accelerate their innovation can apply from now until November 16. 2021 and benefit from the 6-month program. Startups from the fields of e-health, smart city and energy as well as cross-sectional technologies that are related to these topics and are in the pre-seed, seed or growth phase can apply.

SpinLabs own digital learning platform

We are happy to announce that we recently cracked the €100 million mark! So far, our startups have raised more than 100 million euros in venture capital and grants from renowned national and international investors. The average funding per SpinLab alumni amounts to 1.270.644 euros. Another reason to celebrate: In the last five years, capital has increased more than thirty times. In 2015, the funding amounted to 1.25 million euros. Currently, we stand at approximately 38.5 million Euro mid of the year 2021. With the help of VC investments, public grants, and price money, our startups have access to a large pool of capital to build quality products and teams.  We are proud of all the founders we have accompanied to this point and thank all investors and partners for the years of great cooperation.