{"id":104647,"date":"2024-09-12T09:42:00","date_gmt":"2024-09-12T07:42:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=104647"},"modified":"2024-09-11T15:51:13","modified_gmt":"2024-09-11T13:51:13","slug":"loopid-certhub-summ-ai-and-trail-awarded-at-weconomy","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/104647\/loopid-certhub-summ-ai-and-trail-awarded-at-weconomy\/","title":{"rendered":"LoopID, Certhub, Summ AI and Trail honored at Weconomy"},"content":{"rendered":"<div class=\"entry-content\">\n<p>With the Weconomy initiative, Wissensfabrik \u2013 Unternehmen f\u00fcr Deutschland e. V., in cooperation with UnternehmerTUM and Handelsblatt, aims to promote forward-looking business ideas. <a href=\"https:\/\/www.weconomy.de\/\" target=\"_blank\" rel=\"noreferrer noopener\">every year we look for the best innovations from the tech industry<\/a>to help founders become successful entrepreneurs. Weconomy&#039;s track record is impressive: 80 percent of the winning startups to date are still successfully operating in the market.<\/p>\n\n\n\n<p>&quot;Weconomy offers a unique opportunity to advance innovative ideas and network with experienced mentors and leading figures from the business world. This is invaluable, and it also enabled me to set a significant course for my company. Therefore, I look forward every year to experiencing the passion and entrepreneurial spirit of the participants. This year, once again, there were great people with visionary ideas.&quot;<\/p>\n\n\n\n<p>describes <strong>Ingmar H\u00f6rr<\/strong>, member of the jury, the competition. As the founder of Curevac, he was one of the first winners of Weconomy in 2007.<\/p>\n\n\n\n<p>The ten winning teams that impressed the jury this year will receive access to a network of specialists and executives, including top management in German business, and one year of support in implementing and developing their business ideas. They will also receive individual support on various topics such as market entry, product development, and organizational and corporate development.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Munich winning teams<\/h2>\n\n\n\n<p><strong><a href=\"\/en\/startups\/loopid\/\">LoopID<\/a><\/strong> supports companies in transforming their business models from linear processes to a sustainable circular economy. The startup develops digital solutions that not only reduce costs and ensure compliance with new sustainability regulations, but also improve customer loyalty across the entire product lifecycle.<\/p>\n\n\n\n<p><strong><a href=\"\/en\/startups\/certhub\/\">Certhub<\/a><\/strong> accelerates the approval process for medical devices through AI-powered software that automates and simplifies regulatory work. The platform reduces time to market by years and lowers costs for medtech companies, enabling faster and more cost-effective patient care in Europe.<\/p>\n\n\n\n<p><strong><a href=\"\/en\/startups\/buzz\/\">Summ AI<\/a><\/strong> has developed a tool that translates complex texts into easy-to-understand language in real time, making information accessible to people with cognitive disabilities, educational disadvantages, or a migration background. This AI tool reduces the costs for government agencies and companies involved in implementing language accessibility and provides DIN-compliant translation into plain language.<\/p>\n\n\n\n<p><strong><a href=\"\/en\/day\/trail\/\">Trail<\/a><\/strong> offers an innovative and user-friendly tool to automate AI governance for developers and compliance stakeholders. The tool helps companies scale trustworthy AI solutions and empowers leaders to drive innovation. Through integration into existing development and governance workflows, the tool increases the quality and efficiency of AI and enables regulatory compliance (e.g., with the EU AI Act) without additional bureaucratic overhead.<\/p>\n\n\n\n<p>The other winning startups are Hydrop Systems from Stuttgart, Inline Process Solutions from Kaiserslautern, Coobi and Alganize from Berlin, Augmented Industries from Heroldsberg and Fisego Holding from Butzbach.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Weconomy startup competition has selected the ten winning startups for the 2024\/2025 class. Among the winning teams are four Munich-based startups: LoopID, Certhub, Summ AI, and Trail.<\/p>","protected":false},"author":33,"featured_media":104648,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5638,1],"tags":[5194,5144,4892,5153,433],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LoopID, Certhub, Summ AI und Trail bei Weconomy ausgezeichnet - Munich Startup<\/title>\n<meta name=\"description\" content=\"Der Gr\u00fcnderInnenwettbewerb Weconomy hat die Gewinner f\u00fcr den Jahrgang 2024\/2025 gek\u00fcrt. Unter den Siegerteams sind vier M\u00fcnchner Startups.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/104647\/loopid-certhub-summ-ai-and-trail-awarded-at-weconomy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LoopID, Certhub, Summ AI und Trail bei Weconomy ausgezeichnet - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Der Gr\u00fcnderInnenwettbewerb Weconomy hat die Gewinner f\u00fcr den Jahrgang 2024\/2025 gek\u00fcrt. Unter den Siegerteams sind vier M\u00fcnchner Startups.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/104647\/loopid-certhub-summ-ai-and-trail-awarded-at-weconomy\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-12T07:42:00+00:00\" \/>\n<meta name=\"author\" content=\"Maximilian Feigl\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maximilian Feigl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/104647\/loopid-certhub-summ-ai-und-trail-bei-weconomy-ausgezeichnet\/\",\"url\":\"https:\/\/cms.munich-startup.net\/104647\/loopid-certhub-summ-ai-und-trail-bei-weconomy-ausgezeichnet\/\",\"name\":\"LoopID, Certhub, Summ AI und Trail bei Weconomy ausgezeichnet - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/104647\/loopid-certhub-summ-ai-und-trail-bei-weconomy-ausgezeichnet\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/104647\/loopid-certhub-summ-ai-und-trail-bei-weconomy-ausgezeichnet\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2024\/09\/Bild_PI.jpg\",\"datePublished\":\"2024-09-12T07:42:00+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/40ec2127e0b2a722f0cb734a53f43509\"},\"description\":\"Der Gr\u00fcnderInnenwettbewerb Weconomy hat die Gewinner f\u00fcr den Jahrgang 2024\/2025 gek\u00fcrt. 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