SpinLab startups continue to make waves: suena Energy, part of our 13th batch, has successfully raised €8 million in Series A financing. The company is at the forefront of algorithmic optimisation and trading in energy storage and renewable energy.

Another success story from SpinLab alumni: Unbound Potential has closed a €14.4 million pre-seed financing round, combining €8 million in non-dilutive grants and €6.4 million in private investments. The round, described as one of the largest pre-seed financings in Europe, marks a major milestone in the company's mission to transform stationary energy storage with its membrane-free redox flow battery technology.

Following the successful completion of its €7 million seed funding round, SpinLab alumni enaDyne has taken a significant step towards more sustainable chemical production. The funding comes from leading investors such as the Amadeus APEX Technology Fund (a partnership between Amadeus Capital Partners and APEX Ventures) and Energy Capital Ventures. Additional support came from Antares Ventures,Possible Ventures, as well as business angels Wolfram Drescher, Andreas Werner, and Sven Sieber.

The funding round spearheaded by Endeit Capital, with continued participation from Proeza Ventures, 4impact Capital, Rethink Mobility, and business angel Jan Fredrik. Founded in 2020, the company operates from Arnhem and Berlin and currently employs around 70 people. The new capital will be used to expand its presence across Europe and to further develop its technology platform.

SpinLab startup Onsai has secured over €1 million in growth capital to further scale their AI solution for the hospitality industry. The hospitality sector is facing a severe labor shortage, with 84% of German hotels affected and 53% of guests already noticing the impact. Onsai develops the digital employee for the hospitality industry.

Following the success of its first fund, Smart Infrastructure Ventures has announced the launch of its second fund, SIVentures II. The venture capital fund, headquartered in Leipzig, invests in early-stage startups focused on technologies in AI, IT infrastructure and energy. 

FlyNex, one of the very first startups we supported through the SpinLab acceleration program, has successfully secured new funding. This round includes a follow-on investment from our partner TGFS Technologiegründerfonds Sachsen as well as the first participation SBG – Sächsische Beteiligungsgesellschaft mbH.

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.

SpinLab alumni Planted has received €5 million in funding to further expand its AI-powered ESG management platform. The investment round is led by TechVision Fonds, WENVEST Capital, neoteq ventures, AWS Gründungsfonds and Smart Infrastructure Ventures. The aim is to make it easier for companies to transition to more sustainable business models and efficiently implement regulatory requirements.