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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Tag of the Month: Key Performance Indicators

In the beginning, the chances for success of a startup are often not clearly foreseeable. The startup team works hard on building the business and has at least a subjective feeling about whether they are on track for success with their idea. To make this feeling measurable, so-called “key performance indicators“ (KPIs) are used. But what exactly are KPIs? How do they shed light on progress? Continue reading

Tag of the Month: Crowdfunding

Prospective founders considering how best to realize their idea are often faced with the problem of how to finance it. Only few can cover the financial costs for building a business or first products with equity. Therefore, crowdfunding has become established as an alternative form of financing startup projects. But how exactly does crowdfunding work? Continue reading

First KIT Venture Festival 2014 a great success

The startup scene met on July 1st, 2014 for the first KIT Venture Festival of the KIT Founders Forge. A varied program surrounding the topic of business founding was provided through venture events, seminars, workshops, and discussions, as well as consulting and networking. About 600 guests took advantage of the “founding conference” at the KIT – students and scientific employees interested in founding were able to communicate directly with entrepreneurs, investors, sponsors, and network partners.

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