We are very happy to welcome a new game-changer in our portfolio: Reverion, the climate tech start-up for renewable energies, raised EUR 8.5 million! UVC Partners, Green Generation Fund, Extantia Capital, Doral Energy-Tech Ventures, and biomethane trader Landwärme GmbH participated in the round. The investors' fresh capital will be used to expand the production of 100 kW and 500 kW biogas power plants. Why will Reverion change the energy industry with its technology? ⚡ Existing biogas operators can increase their revenue by up to 400 percent using the same amount of biomass ⚡ Reverion’s modular power plants can double the efficiency of electricity generation from 40 to 80 percent compared to conventional technology of biogas suppliers ⚡ Since the small power plants can also run "backward" (reversible), a renewable natural gas substitute or green hydrogen can be produced and stored from a temporary surplus in the wind and solar power to make renewable energy supply more stable ⚡ Reverion’s modern power plants can be operated CO2-negatively when biogas is used Johannes von Borries, Managing Director at UVC Partners: "We looked at various start-ups in this area. The founding team of Reverion convinced us because they have developed an outstanding technology over the last years and successfully tested it in a pilot plant. With our large network together with UnternehmerTUM, we can bring partners, suppliers, and expertise to the table to further scale the technology." A cordially welcome to Reverion and the whole team! Great to have you on board! ? Read more in our press release: https://lnkd.in/eXpwSR3g

Wir freuen uns, Ihnen mitteilen zu können, dass LUBIS EDA mit dem Deutschen Innovationspreis für das innovativste Start-up Deutschlands ausgezeichnet wurde! Unser Team fühlt sich mehr als geehrt, für seinen Beitrag zur Entwicklung fehlerfreier Mikrochips anerkannt zu werden. Diese Auszeichnung bestätigt unser Engagement, unseren Kunden innovative Lösungen anzubieten und den Alltag vieler Menschen zu verbessern. Vielen Dank an WirtschaftsWoche, EnBW Energie Baden-Württemberg AG, Accenture und O2 (Telefónica UK) für diese prestigeträchtige Ehre. Herzlichen Glückwunsch auch an die Gewinner der anderen Kategorien ibs GmbH und Siemens Mobility!

We are excited to announce our Seed investment in Modelwise, the Munich-based company providing an AI-based software tool for functional safety engineering. We all want to feel safe in our daily lives, whether it’s while boarding a plane, driving a car or simply using an electric toothbrush. Functional engineering focuses on all critical tasks related to safety. As an important part of the product development process, it ensures that products and systems can function without causing harm to people or the environment. It is particularly important in industries where a failure could have serious consequences, such as transportation (e.g. cars or airplanes), medicine or energy production. Unfortunately, the current methods used by functional safety engineers are largely manual and extremely time-consuming. This represents a bottleneck for the development of new products — especially in a broader context where the complexity of electronic systems is increasing and functional safety engineers are lacking. Modelwise provides a solution for this: an AI-based software to automate functional safety analysis, allowing companies to accelerate their development of new products while maintaining high safety standards. Here’s why we invested in Modelwise. A large and growing market opportunity In many industries, functional safety engineering is mandatory and regulated by law and standards. However, the current methods used by functional safety engineers are inefficient and can take hundreds of hours per component. Market demand requires more efficient processes given the increased number of electronic components in complex systems (e.g. cars now have over 150+ electronic components, compared to around 50 in the 1990s). This, combined with the fact that there are currently over 20,000 open positions for functional safety engineers in Europe on LinkedIn, means that there is massive potential for AI to transform the sector. Modelwise is well-positioned to address this opportunity with a solution that is more convenient and automated than any existing solution — among them being Microsoft Excel or tools with limited automation. Clear value proposition demonstrated by impressive industry collaborations Modelwise has developed an AI-based software tool that automates nearly 90% of functional safety analysis, reducing the required engineering effort by over 10x (from several weeks to a few days). Additionally, it enables companies to increase the quality of their functional safety analysis, as current manual approaches are prone to errors. The tool has passed a concept review from TÜV SÜD (an accredited certification body) that validates the integrity of the tool and the trust that can be placed in the correctness of its outputs, and therefore in its suitability for safety engineering in safety-critical industries. Four industrial customers are actively using the tool, including Pepperl+Fuchs (one of the world’s largest manufacturers of electronic sensors), who has used Modelwise to conduct functional safety analysis on several new products that have now passed certification by accredited certification bodies such as TÜV Rheinland. A strong team with a bold vision Modelwise founders Florian, Arnold and Iliya have over 15 years of combined research experience in software engineering and functional safety engineering automation, mainly earned in the Model-Based Systems & Qualitative Reasoning research group of TU Munich. It was there that they developed the technological basis for Modelwise. The team members also have significant domain knowledge in functional safety, illustrated by their involvement in the German Commission for Electrical, Electronic & Information Technologies — a body responsible for developing and adopting standards and safety specifications in electrical engineering, electronics and information technologies. Together, they share the ambitious vision to make Modelwise the world’s leading tool for functional safety engineering. Want to know more about Modelwise? Visit their website or get in touch with us.