upCAT #3 – Teams pitch successfully on Demo Day

On March 10, 2015, the accelerator program “upCAT” of the KIT Founders Forge ended in applause on the final Demo Day. After twelve weeks of intensive work, the six participating teams presented their business model to an expert audience consisting of business angels, venture capitalists, and Karlsruhe network partners. Six entirely different teams participated in the upCAT #3:

  • ChromX: Software for chromatography modeling for process development and robustness studies for the biopharmaceutical industry
  • LehrWerk: Construction kits as teaching materials for prospective engineers and technicians
  • Paralution: Software and consulting to accelerate the calculation of computer-supported simulation
  • Softtop: Weatherproof covering for bicycles and e-bikes
  • Storrays: Technology for manufacturing ultra-high density peptide arrays
  • tego energy: Energy supply modules for energy harvesting

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Professors as promoters

Founding a company with a scientific basis is a significant challenge, be it during one’s studies or as a new graduate. Alongside learning, tests, and lectures, a business model needs to be developed, the market observed, and a finance plan created. Funding means enabling a first step in order to create the necessary breathing room for this development. However, the willingness of the employer is especially important for scientists who take this path. Continue reading