Companies and Technology Transactions

Siemens Technology Accelerator (STA) has an extensive and successful track record in spinning-off, selling and licensing innovative Siemens technologies.

MetisMotion: Ultra-dynamic high force linear actuators

 

MetisMotion develops, manufactures and sells electrically powered linear actuators which provide exceptional force densities, dynamics and robustness. These qualities arise from a combination of solid-state actuators (high force and power density, exceptional dynamics) with microfluidic gearing systems.

 

MetisMotion actuators are

  • 80% smaller
  • 5 times lighter
  • and up to 10 times more dynamic

than comparable electromagnetic drives.

 

MetisMotion customers mostly belong to the automation, automotive and aviation industry – all under increasing pressure to provide more electric, smarter and cleaner solutions to their respective customers.

Company
MetisMotion GmbH (www.metismotion.com)
Sector
Industry / Hardware
Technology
Electrically powered linear actuators
Founded
2018
Investors
Born2Grow, HTGF, Siemens Technology Accelerator
Exit
Active portfolio company

Smart Multianalyte handheld detection for bioanalytics

 

Biomensio is a fabless technology company developing a unique mobile biosensing platform. Biomensio’s approach to mobile biosensing is radically different from its competition. Other technologies don’t support cost-effective multiplexed detection of biomolecules in a miniaturized array format. In contrast, Biomensio’s globally patented Mass-Sensitive Microarray (MSMA) sensor being a semiconductor technology can be freely scaled from only a few to hundreds of parallel detection points in a miniaturized array cost-effectively. The MSMA sensor is integrated into a cost-efficient fluidic cartridge inserted in a mobile hand-held reader for rapid bioanalytics.
Bimensio’s platform provides an easier access for the OEM partners to develop on-site bioanalysis products and services. Tests made for traditional centralized lab equipment can be adapted to Biomensio’s on-site diagnostics platform, allowing for a potentially unlimited menu of high-sensitivity tests to reach the on-site test market. The platform can be leveraged to take advantage of the growth opportunities in the mobile diagnostics market in multiple verticals including drug-of-abuse, food safety, clinical diagnostics and home-based testing.

Legal Entity
BioMensio Ltd. (www.biomensio.com)
Sector
Life Science / Healthcare / Food tech
Technology
Mass-Sensitive Micro Array (a combined MEMS / CMOS technology)
Founded
2016
Investors
Angel Consortium, Siemens Technology Accelerator, VTT Ventures
Exit
Active portfolio company

Arelion – Smart Optimization

 

Arelion offers innovative optimization software tools, plug-ins, products and customer specific solutions that solve even very complex quantitative optimization problems. Arelion’s software solutions excel when optimization problems are subject to dynamically changing boundary conditions and when good results need to be available within very short time frames. Due to the special architecture of Arelion’s technology, implementation is quick and integration with customers’ IT infrastructure is straightforward. The core technology has originally been developed in cooperation between the Johannes-Kepler-Universität Linz, Austria, and Siemens CT, Munich.

Arelion concentrates on selling sector specific standard software as well as offering software tools and plug-ins to integrators and other software product developers that require a high performance optimizer.

Legal Entity
Arelion GmbH
Sector

Software

Technology
Quantitative Optimization with Solving Units
Founded
2012, Hagenberg im Mühlkreis, Austria
Investors
Siemens Technology Accelerator, Austria Wirtschaftsservice
Exit
Sold to inola GmbH (Austria) in 2016

SESMOS - a novel integrated screening and validation process for drug discovery

 

SESMOS is developing a novel integrated screening and validation process for drug discovery. The core of the technology is based on miniaturized small molecule libraries and fully quantitative and quality controlled biophysical screening technologies from the University of Edinburgh, linked with an innovative label free biosensor chip technology from Siemens AG.

 

Based on its proprietary (ultra) high-throughput screening ability of drug targets, SESMOS is operating a hybrid business model, combining internal discovery programs with service offerings to the pharmaceutical industry.

Company
SESMOS Ltd.
Sector
Life-sciences, drug discovery
Technology
Label-free biosensor: Film bulk acoustic resonator (FBAR)
Founded
2011, Edinburgh, UK
Investors
Scottish Enterprise, Siemens Technology Accelerator
Exit
2015, Company dissolved

odos imaging – high resolution 3D time-of-flight systems

 

Odos Imaging is a technology focused company specializing in the development and manufacture of vision systems for the capture of high­-resolution 3D images, using time­-of­flight technology.

 

Founded in 2010 and based in Edinburgh, Scotland, Odos Imaging offers both complete systems and component technologies for use in logistics, industrial automation, agriculture, traffic systems and numerous other demanding applications

Company
odos imaging Ltd. (www.odos-imaging.com)
Sector
Imaging Systems
Technology
Time-of-flight 3D camera
Founded
2010, Edinburgh, UK
Investors
Private Investor, STA
Exit
odos imaging was sold to Rockwell Automation Inc. (NYSE: ROK) in 2017

Infrared sensors by Pyreos – a unique thin film technology with performance advantages for many applications

 

Pyreos develops and markets unique pyroelectric mid- to far-infrared sensors and detectors. Range of applications is gas and flame detection and measurement, and analysis of foods, oils, and fuels.

Company
Pyreos Ltd. (www.pyreos.com)
Sector
Passive electronic components and MEMS
Technology
Highly innovative thin film pyroelectric technology for infrared sensing based on standard MEMS processes enabling sensors with high sensitivity, smallest footprint and low cost.
Founded
2007, Edinburgh, UK
Investors
Seraphim Capital, The Summit Group, Braveheart Investment Group, Scottish Venture Fund, Siemens Technology Accelerator, Mitsubishi UFJ and Robert Bosch Venture Capital
Exit
In 2018, STA's shares sold to co-investors

Local positioning systems by Symeo – radar based distance and position measurement

 

Symeo develops and produces technology components and complete systems for distance measurement and local radar-based positioning for industrial applications. Symeo equipment works reliably under harsh conditions that include vibration, extreme temperatures, dust and harsh weather.

Company
Symeo GmbH (www.symeo.com)
Sector
Electronic systems
Technology
Real-time locating systems
Founded
2005, Neubiberg, Germany
Investors
Private Investor, Siemens Technology Accelerator
Exit
Sold to Analog Devices Inc. (Nasdaq: ADI) in 2018

Polymer-based electronics by PolyIC – printed chips for an array of applications

 

PolyIC produces printed polymer electronics, using a technology based on electrically conducting or semi-conducting plastics printed on flexible polyester substrates. Printed electronics enable low-cost RFID tags to be produced for use in mass applications such as logistics, authentication solutions, displays and other complex systems.

Company
PolyIC GmbH & Co. KG (www.polyic.com)
Sector
Electronic components
Technology
Printed polymer-based electronics
Founded
2004, Fürth, Germany
Investors
PolyIC has been set up as a joint venture between Siemens AG and LEONHARD KURZ Stiftung & Co.KG.
Exit
LEONHARD KURZ acquired Siemens' stake in 2008.

Panoratio delivers highly effective business applications regardless of extremely large volumes and siloed data.

 

Panoratio is dedicated to the delivery of big data analytics applications for Business experts and B-to-B solution providers.

 

Leveraging Panoratio's analytics application development platform, they

  • explore and discover ways to make use of data for business growth 
  • uncover the root cause of a problem, provide insight, propose the solution
  • deliver faster results (on average up to 4x faster than conventional data analytics tools)
  • process all types of data (all formats, all sizes, all quality levels)

 

Memoratio is a Data Driven Business Builder

 

Memoratio is focussed on building data driven ventures at speed. Fusing the power of technology, artificial intelligence and design thinking to deliver intuitive usability and responsible digital innovation to businesses and people.

 

Memoratio operates in venture building in three ways: By building launching and spinning off their own, proprietary data driven ventures, by joint-venturing with organizations to discover data driven growth opportunities and by launching new, qualified and fitting ventures and with external entrepreneurs and founders.

 

Company
Panoratio Holding, Inc. (www.panoratio.com)
Sector
Enterprise software
Technology
High-performance data compression and analytics
Founded
2003, Munich, Germany
Investors
Deutsche Venture Capital (DVC), LEA, PolyTechnos, SEED Ventures, Siemens Venture Capital, Siemens Technology Accelerator
Exit
STA sold shares back to company in 2009.

Critical Care monitoring from Sphere Medical

 

Sphere Medical is developing the first, continuous, connected and automated, blood gas analyser for critical care and operating theatre patients. Proxima measures blood gases, electrolytes and metabolites allowing for faster and more frequent results displayed at the bedside. The automation of the blood gas test will allow for closer control of unstable patients and the identification of unexpected deteriorations quicker, leading to improvements in morbidity and mortality.

Company
Sphere Medical plc (www.spheremedical.com)
Sector
Medical devices
Technology
Online blood parameter monitoring
Founded
2002, Cambridge, UK
Investors
Fidelity Ventures, QfG, Artemis, Sagentia (Generics), Herald Ventures, Hotbed Limited, Springhill Management, Oakes Lyman, Oxford Capital Partners, Eden, STA
Exit
Sphere Medical floated on the London Stock Exchange in Nov. 2011, STA sold its shares in 2015

Wireless and battery-free sensors from EnOcean – green, smart and wireless

 

EnOcean is the global market leader in wireless, battery-free sensor systems for the “green building” sector. For example, the mechanical energy generated by pushing a light switch can be utilized to emit a radio signal that switches the lighting unit on or off. Maintenance-free and flexible, EnOcean’s sensor technology represents a unique solution that assures shorter installation times and lower life-cycle costs for electrical installations, in addition to promising significant energy-saving potential.

Company
EnOcean GmbH (www.enocean.com)
Sector
Cleantech
Technology
Wireless and battery-free radio sensors based on unique energy harvesting combined with ultra- low-power RF design
Founded
2001, Oberhaching, Germany
Investors
BayTech Venture Capital, Eltako, Emerald Technology Ventures, SET Venture Partners, Siemens Venture Capital, Siemens Technology Accelerator, Wellington Partners
Exit
Active portfolio company

Test data analysis with optimiSE – for systematic optimization of tests in manufacturing

 

OptimiSE GmbH develops and markets software applications for the analysis and optimization of manufacturing test processes in the semiconductor and electronics industry. OptimiSE software applications enable customers to improve test quality while reducing the total cost and time required for testing.

Company
OptimiSE GmbH develops and markets software applications for the analysis and optimization of manufacturing test processes in the semiconductor and electronics industry. OptimiSE software applications enable customers to improve test quality while reducing the total cost and time required for testing.
Sector
Software
Technology
Test optimization software using advanced and powerful statistical and data mining algorithms to analyze test data from log files
Founded
2001, Karlsruhe, Germany
Investors
Private investors, Siemens Technology Accelerator
Exit
STA sold shares to founders in 2008.

Noliac is a designer and manufacturer of piezoelectric components, sensors and transducers. Headquartered in Denmark with manufacturing facilities in Denmark and the Czech Republic, Noliac serves OEMs in the aerospace & defense, test & measurement, medical and industrial markets.

Company
Noliac A/S (www.noliac.com)
Sector
Electronic systems
Technology
Piezo Actuator Drives (PAD)
Deal structure

Siemens Technology Accelerator sold Piezo Actuator Drive (PAD) technology to Noliac A/S in June 2010. The acquisition price was paid in shares so that Siemens became a 24% shareholder in Noliac.

In 2017 Noliac was sold to the CTS Corporation (NYSE: CTS). CTS is a leading designer and manufacturer of sensors, actuators and electronic components to OEMs in the aerospace, communications, defense, industrial, information technology, medical and transportation markets.

Founded in 2017, EarlyBio provides functional single cell information to support clinical decision making in critical-care environments.

Company
EarlyBio GmbH, Berlin
Sector
Point of care healthcare diagnostics
Technology

 

Magnetic Flow Cytometry

Deal structure
Siemens Technology Accelerator licensed an transferred intellectual property to the newly founded Early Bio GmbH to permit the former Siemens team to drive the innovation forward in their own company.

WORKERBASE provides an End-to-End Software and Hardware platform to digitize manual work processes in manufacturing and logistics. The lightweight Industry 4.0 Software and the Industrial smartwatch allow to reshape legacy processes and realize immediate returns on investment based on a SAAS business model.

Company
WORKERBASE GmbH (workerbase.com)
Sector
Enterprise Software (Manufacturing / Logistics)
Technology
Wearable Computing, Industry4.0 Software
Sales structure
Siemens Technology Accelerator sold, transferred and licensed intellectual property to the newly founded Workerbase GmbH to permit the former Siemens team to drive the innovation forward in their own company.

Founded in 2007, Curetis is a molecular diagnostics company which focuses on the development and commercialization of reliable, fast and cost-effective products for diagnosing severe infectious diseases. The diagnostic solutions of Curetis enable rapid multi-parameter pathogen and antibiotic resistance marker detection in only a few hours, a process that today can take up to days or even weeks with other techniques. In 2017, Curetis founded Ares Genetics, a subsidiary developing and commercializing AI-powered solutions for the prediction of drug response in infectious diseases based on next generation sequencing technology.

Company

Curetis GmbH, Germany (www.curetis.com)

Ares Genetics GmbH, Austria (www.ares-genetics.com)

Sector
Healthcare Diagnostics
Technology
Genetic antibiotic resistance database and toolkit for molecular diagnostics
Deal structure

Curetis has acquired sole commercial rights from STA to the GEAR GEnetic Antibiotic Resistance and Susceptibility platform and database with all its content, numerous GEAR-related patents and patent applications, as well as all corresponding know-how. In 2017, the assets were transferred to Curetis’ subsidiary Ares Genetics.

 

GEAR allows users to assemble and annotate bacterial genomes from NGS raw data, identify genetic variations in those genomes and correlate those with the response of the respective bacterial strain to antibiotics. At the time of acquistion, the GEAR database contained the entire DNA sequences as well as sensitivity data for 21 antibiotics of more than 11,000 bacterial strains isolated from patient samples across the world over the last three decades. It allows Ares Genetics to rapidly identify potential novel biomarkers, biomarker combinations, and AI-powered algorithms predicting antibiotic resistance, as well as potential novel targets for antimicrobial drugs.

BioVendor Research and Diagnostic Products is an internationally active biotechnology company with its own research, development and manufacturing and international sales and marketing network. It has specialized in the development of original immunoassay kits for the detection of novel hormone-like proteins and protein biomarkers as well as related antibodies and recombinant proteins. Recently it is also focusing on novel topics known to be of great interest among the scientific and diagnostic community – microRNA biomarkers, liquid biopsy, exosome isolation, and immunodiagnostic multiplexing and automation.

Company
BioVendor (www.biovendor.com)
Sector
Biotech / Life Sciences / Healthcare
Technology
Immunoassay for nucleic acid detection
Deal structure
Siemens Technology Accelerator licensed a novel approach to nucleic acid testing to BioVendor in 2016.

SVOX AG is the leading provider of embedded speech solutions for the automotive and mobile device industries. The use of flexible software architectures allows for optimized Automatic Speech Recognition, Text-to-Speech and Speech Dialog Solutions that can be easily customized to customers' technical requirements and market needs.

Company

 

SVOX AG (www.svox.com)

Sector
Software
Technology
Speech processing technology
Deal structure
In 2009 Siemens Technology Accelerator sold the speech processing capabilities of Siemens to SVOX. The software products for Automatic Speech Recognition and Dialog Management, as well as the majority of the involved employees, were transferred to SVOX. As a result of the acquisition SVOX became an integrated speech technology supplier. In 2011, SVOX was acquired by Nuance Communications.

Axis Three is the leader and a pioneer in the development of advanced surgical simulation tools for the cosmetic surgery marketplace. The company’s products include precise surface anatomy capture, innovative simulation technology, interactive three-dimensional (3D) models and tools for planning surgery.

 

Company
Axis Three Ltd. (www.axisthree.com)
Sector
Medical equipment
Technology
Surgical simulation tools for the medical industry
Deal structure
Through an exclusive licensing agreement with Siemens, Axis Three has integrated patented image-capture technology developed by Siemens into its own proprietary software to create a powerful, flexible and intuitive platform that can be customized for a variety of surgical needs. In 2006 Axis Three closed a financing round and a licensing agreement with STA.

Thermosensorik GmbH develops and manufactures systems for non-destructive testing of materials and components based on heat flow thermography. Its product range comprises high-resolution infrared camera systems, manual measuring systems for laboratory use, and fully-automated in-line measuring systems for the non-destructive detection of cracks, cavities other flaws.

Company
Thermosensorik GmbH
Sector
Electronic systems
Technology
Infrared camera system for non-destructive testing
Sales structure
Siemens Venture Capital and the Siemens Technology Accelerator invested in Thermosensorik GmbH in 2006 and transferred innovative excitation technologies for heat flow thermography to the company.

Micronas, a global semiconductor designer and manufacturer, is also a leading supplier of cutting-edge integrated circuit and sensor system solutions for consumer and automotive electronics. Micronas’ product portfolio includes an array of microcontrollers and sensors for use in vehicle dashboards, body control, motor management and comfort functions.

Company

 

Micronas GmbH (www.micronas.com)

Sector
Sensor technology
Technology
Multi-gas sensor
Sales structure
Siemens Technology Accelerator sold a miniaturized multi-gas sensor technology to Micronas in 2005. The technology supports numerous applications for a wide range of gasses and features low energy consumption and long life. In 2016, Micronas was acquired by TDK.

L-1 Identity Solutions (formerly Viisage) combines industry-leading face, finger and iris recognition technologies with state-of-the-art authentication capabilities to successfully address all aspects of managing identity solutions. The company’s products are used by federal governments, civil agencies, law enforcement and border management agencies within the U.S. and in many other commercial operations.

Company
L-1 Identity Solutions, Inc.
Sector
Sensor technology
Technology
Biometric face recognition technology
Sales structure
Siemens Technology Accelerator licensed color coded triangulation technology (3D-sensor capturing coordinates and color information of 3D objects) to Viisage in 2004. This technology can be used for 3D face recognition. L1-Identity Solutions was since acquired by Safran.

Konarka focuses on the development and production of flexible, low-cost, lightweight solar cells that can be printed as film or coated onto surfaces using roll-to-roll manufacturing. Konarka solutions can enable consumer electronics such as cell phones and portable music players to be charged using indoor or outdoor light.

Company
Konarka Technologies, Inc. (www.konarka.com)
Sector
Cleantech
Technology
Organic photovoltaic technology
Deal structure
Siemens Technology Accelerator sold the organic photovoltaic research capabilities to Konarka in 2004. This innovative Siemens technology lowers costs, while offering more flexibility and outstanding energy efficiency.

ICOS is a leading global developer and supplier of inspection equipment, primarily for use in the back-end semiconductor and electronics assembly markets. The company supplies equipment for the visual inspection of integrated circuits before their integration into applications such as PCs, portable phones and cars.

Company
ICOS Vision Systems NV
Sector
Electronic Systems
Sales structure
Siemens Technology Accelerator sold an optical water inspection system —the only technology of its kind at the time to already be integrated in a production process—to ICOS Vision Systems. ICOS was sold to US-based KLA-Tencor in 2008.