NEWS AND UPDATES

1st price at Science4Life Energy Cup 2018, June 2018

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!


Pre-seed investment: MagnoTherm Solutions receives EXIST-Forschungstransfer, May 2018

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.

MagnoTherm Solutions @ Hannover Messe, April 2018

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.

MagnoTherm Solutions @ EIT Raw Materials Boot Camp in Budapest, April 2018

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.