The ingredients for a successful start-up are: A competent founding team, a good and profitable business idea, an innovative product, being open to feedback. The winning start-ups from phase 1 of the Munich Business Plan Competition impressed the jury with these qualities.
These are the winning teams
Aicendence from Munich is developing an AI-based software solution for the automated analysis of lung-related body fluids. This automates established procedures that previously had to be carried out manually. In addition, the AI can obtain further information from the samples and thus establish new diagnostic markers.
AUDAVIS from Munich is an audit platform that automates auditing processes using advanced data analysis and AI technologies. It automates standard audit procedures, recognises anomalies in ERP data using AI and co-pilots auditors in professional decision-making.
Bonescreen from Munich offers access to preventive bone examinations with its AI assistant SpineQ. The software automatically analyses computer tomography scans for the presence of osteoporosis and thus specialises in the early detection of the disease.
CertHub rom Munich automates and digitalises the regulatory work of medical device manufacturers for product documentation and approval using AI-supported software. Medical devices can thus be brought to market more quickly, easily and cost-effectively.
Datagon from Munich is an AI-supported platform for customised product quality management in industry. By applying a specifically developed reinforcement learning approach, specific quality predictions are generated that optimise themselves over the duration of use.
ImuVeo from Munich is developing a monitoring tool for cancer immunotherapies. The innovative method visualises T-cells using radioactive tracers and PET scanners, making it possible to actively track the progress of immunotherapies.
Lactoverde from Freising develops biomimetic bioreactors. This new generation of bioreactors enables the efficient scaling and utilisation of secreting epithelial cells in industry. As a result, biological fluids and complex active pharmaceutical ingredients can be produced in a climate-neutral and cost-effective way without animals.
Prisma3D from Munich is an app with which 3D animated videos can be created directly on a mobile phone in five minutes using AI. The app offers a variety of templates for characters and models. Movements are intuitively recorded using the mobile phone camera and transferred to the character as an animation.
VORTEX from Munich is developing a fuel cell-powered electric Vertical Take-off and Landing (eVTOL) drone with a range of 500 km, a payload of 50 kg and a cargo space of 1000 litres. It enables drone logistics for the middle mile and express deliveries of industrial goods over long distances.
Max Achmedschin, Head of Munich Business Plan Competition
The quality and diversity of the submissions from the life sciences sector is particularly noteworthy. We see strong teams here, especially from the university environment. The topic of AI is also strongly represented and shows that the participating start-ups have their finger on the pulse of the times.
These start-ups were also nominated in the first phase of the competition:
Participate in phase 2 until 20 March
Start-ups from all over southern Bavaria can still enter the second phase of the competition until 20 March 2024 - even if they did not take part in phase 1. The focus is on business model, marketing and SWOT.