drag&bot is the Speed-Pitch Winner at Munich Investment Forum 2017

Munich Investment Forum 2017

On December 6, 2017, the Munich Investment Forum 2017 brought founders and investors together. The event, which was initiated by Fraunhofer Venture in cooperation with the LMU Entrepreneurship Center, the Strascheg Center for Entrepreneurship and UnternehmerTUM, was held for the fourth time and is unique in Munich with its combination of four established, research-driven founding institutions. Twenty-five innovative tech startups met a selected audience of over 70 investors. The highlights: The keynote speaker André Schwämmlein from FlixMobility GmbH spoke about the challenges of his founding journey and the Fraunhofer spin-off drag&bot won the Speed ​​Pitches.

Since 2014, the Munich Investment Forum has been a presentation and networking platform for young companies, bringing together researchers, founders, industry partners and investors. “Once again, the Munich Investment Forum, with around 160 participants, was clearly marked by networking,” explains Thomas Doppelberger, Head of Fraunhofer Venture. Therefore, the event always takes place in close cooperation with the founding institutions of the Munich universities: A total of 25 tech startups from the network of Fraunhofer Venture, the LMU Entrepreneurship Center, the Strascheg Center for Entrepreneurship and the UnternehmerTUM presented themselves in three pitches and at the subsequent get together. In addition, the founders were inspired by the keynote of FlixBus founder André Schwämmlein. “No one falls in love with numbers, he falls in love with the vision,” he summed up the secret recipe for a successful investor pitch.

The winner of the Speed-Pitches

In rapid speed pitches, 12 founders presented their companies in just 90 seconds. Afterwards, the audience became an imaginary investor: with play money, the auditorium was able to rate the pitches and invest in their preferred teams. Most so-called VenTalers were collected by the Fraunhofer spin-off drag&bot, which developed a software for the intuitive programming of industrial robots. The software allows users to define program sequences and to adapt parameters without special prior knowledge. Second place went to the medical technology startup Irubis of the Technical University of Munich, which makes infrared spectroscopy cheaper and more efficient thanks to a new process. Third place went to NOVA Products GmbH from LMU Munich, which integrated headsets into pearl earrings.

“I’m impressed by the amount of brilliant ideas showed by the founders in just one afternoon,” says Thomas Doppelberger summing up the day.