Frankfurt — “An idea without execution is like a warm beer. We are working on getting it cold.” On 30th January, Für-Gründer.de has announced Germany’s TOP 50 start-ups. MagnoTherm Solutions has been awarded as the 21st start-up within this ranking. Based on 164 start-up competitions, an overall of 671 start-ups have been analysed. We are proud to be among the TOP 50 and thank all our supporters.
Link to the publication: Click here
Team MagnoTherm Solutions
Darmstadt — “We can store food with refrigerators for quite a long time. Good for us, but bad for the environment.” Broadcasted by the German private TV channel SAT.1, MagnoTherm Solutions and Technical University Darmstadt was interviewed regarding the potential of magnetic cooling to make refrigeration more efficient and environmentally friendly. For the video (in German language), click here
Darmstadt — Out of almost one hundred ideas, MagnoTherm Solutions has been selected as the winner of this year’s TU Darmstadt Idea Competition. After pitching in front of a jury consisting of professors, entrepreneurs and corporate managers, we were able to take the 3,000€ prize money home. We thank everybody from TU Darmstadt and sponsors to make this happen!
From left: Dimitri Benke, Bastian Luik, Kian Rahnamarad, Max Fries, Timur Sirman
MagnoTherm wins Science4Life Energy Cup, June 2018
Frankfurt — We are proud to announce that our business idea was selected 1st out of 44 submitted energy-related ideas at this year’s Science4Life Energy Cup sponsored by Viessmann. Additionally, our business plan was ranked top ten of all submitted business ideas at the Science4Life Venture Cup. The Science4Life Venture Cup is Germany’s largest business plan competition in the fields of LifeScience, Chemistry and Energy. The trophy money in the total amount of 12,000 € will be used to enhance our marketing presence and prepare firm foundation. Special thanks goes to our coach Laurent Guyard for his extraordinary support throughout the past five months! Click here for more information
Pre-Seed Investment: MagnoTherm Solutions receives EXIST-Forschungstransfer
Berlin — In May, we pitched our business concept in front of a high-quality jury consisting of recommended professors, venture capitalists, entrepreneurs and politicians in Berlin. As one of few, we received an extensive pre-seed investment. With this investment, a prototype will be developed, certified and prepared for a small production series. The startup fund EXIST-Forschungstransfer of the German Ministry for Economic Affairs and Energy (BMWi) supports outstanding and promising business ideas based on university research in order to bring science to market.
EIT Business Idea Competition
Budapest — Organized jointly by EIT Health, EIT RawMaterials and EIT Food in cooperation with EIT Climate-KIC, MagnoTherm Solutions took part in the second edition of the Business Ideas Competition in Budapest. As the first stage of the Competition, the three Innovation Communities together organize three Bootcamps in EIT RIS regions with the aim of delivering fundamental business planning skills, and further tips and tricks how to talk with potential customers and investors.
Hannover — In April, we had the privilege to exhibit with the Hessian universities at Hannover Messe (Hall 2, Stand B25). As the first public appearance of MagnoTherm Solutions, we received great feedback from our 200 stand visitors, had productive meetings with our partners and learned about our customer’s needs and new ways to commercialize this promising technology. We thank everybody for their input and hope to tie in with you for further discussions.
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