From Electronic Living Wills to High-Tech Bicycle Locks: Start of the 4th SpinLab Class

For the last year and a half, SpinLab – The HHL Accelerator provided 18 startups with the necessary business coaching, networking, resources, and even co-working areas to help them launch their ideas. From the 18, 15 of those companies are still active, and according to SpinLab’s Founder, Dr. Eric Weber, those companies now total at over 70 employees, and have acquired 5,4 Million Euros in capital. In addition to growth and company size, some companies have even attained high profile customers such as Porsche or DELL. Following these successes, the accelerator from HHL Leipzig Graduate School of Management welcomes their fourth class, consisting of six new startups. The young company founders from Augsburg, Berlin, Halle, Hof, and Leipzig join the six-month program in the internationally renowned Leipzig Spinnerei bringing a wide array of different business models ranging from electronic living wills, bicycle locks made of high-tech textiles, or even wallets that can charge your mobile phone on the go. The new SpinLab startups are excited to each start with their 6,000 Euros budget that is awarded from the city of Leipzig.

DIPAT – Die Patientenverfügung. DIPAT is the inventor of effective online living wills and adjoining documents. The self-developed algorithm for automated medical consultation provides a solution to the problem, that 90% of all living wills in Germany are medically ineffective, due to their lack of precision and physical unavailability in an emergency.

Explicates is making energy efficiency monitoring and analysis simpler by providing engineers with the tools they actually need without costly superfluous platforms or the manual processing alternative. Designed by engineers for engineers within the context of a rapidly evolving industry, Explicates offers a versatile and agnostic module based system providing energy engineers with all the simplicity or complexity they desire. No more empty batteries – the team of, who was awarded the EXIST start-up grant, has developed a smart wallet that uses the newest wireless charging technology. The first product, poqit, is impossible to lose, comes in an elegant design and will make everyday life easier in the future. Simply charge the smartphone by placing it on the wallet.

Sengi-IT SENGI is the hot spot to link all your cloud accounts in one simple interface, creating the most secure place for storing your data online. Sengi-IT connects the best of cloud storage and messaging apps to give you security, transparency, and usability and lock out everyone who is not supposed to see your data. This is how Sengi-IT gives you back total control of your digital identity.

Texlock is a textile based theft protection system – light, flexible, smart and beautiful. It is based on a multi-layer braided rope that consists of a cut and fire resistant combination of high performance fibers. The unique surface allows adaptations of the design, offers a pleasant feel and prevents scratches and rattling. Texlock is designed to be used in bike and outdoor equipment as well as in industrial applications.

Wundercurves is a modern e-commerce platform for fashion in plus sizes, an often-overlooked market, valuing at 65 billion USD. We are providing a holistic shopping experience including a 15x greater selection than leading plus-size retailers, popular modern brands and suitable inspiration for our target group. Our strengths include a large and experienced team, renowned advisors and a self-developed scalable and cloud-based platform.

As with every previous six-month accelerator program, the startups will conduct their demo day in January 2017 with investors from all over Germany in the city of Leipzig.

About SpinLab – The HHL Accelerator

SpinLab – The HHL Accelerator supports innovative founding projects with the implementation and growth of their ventures. In addition to intensive coaching, the founding teams will also benefit from a high-caliber mentoring program as well as numerous contacts to investors, established companies and other founders. They can use a co-working office with state-of-the art equipment on the premises of Spinnerei, an old cotton mill now serving as a center for creativity, and will gain access to various technologies offered by partners. Even after completing the program, the startup teams are supported in their recruiting efforts, they can plan their expansion through an international exchange program and they get the opportunity to rent office space next to SpinLab, The founders will be able to use all offers free of charge when they are accepted for the six-month program. The accelerator is funded through contributions from investors and established companies such as Deutsche Postbank, Porsche, CMS Hasche Sigle, Deutsche Bank, Doberman Ventures, DZ Bank, ergo Versicherungen, Grazia Equity, Heinz Dürr Invest, High-Tech Gründerfonds, KPMG, Madsack Mediengruppe, Mittelständische Beteiligungsgesellschaft Sachsen, Quarton International, the City of Leipzig taskforce – Management on Demand and Technologiegründerfonds Sachsen. Thanks to a collaboration with the City of Leipzig, each team receives EUR 6,000 in start-up funds.

HHL Leipzig Graduate School of Management as a hotbed for entrepreneurs

With over 165 start-ups established by HHL alumni over the past 18 years, Germany’s top address for young managers has also developed into an incubator for company creation he founders‘ entrepreneurial commitment has created more than 2,800 jobs already. In 2013 and 2014, HHL reached one of three first places for the best entrepreneurial universities in Germany in the Start-Up Radar ranking published by Stifterverband für die Deutsche Wissenschaft (Founders‘ Association of German Science) and the German Federal Ministry for Economic Affairs and Energy (BWMi). According to the Financial Times, HHL ranks first in Germany and fifth globally for its entrepreneurship focus within the M.Sc. and EMBA programs.

Scroll to Top