Success Stories

Successful examples about how it went so well.

Longenesis from Latvia wins Fifty Founders Battle pitch competition at TechChill 2021 O-Mag Fri, 21.05.2021

Longensis, a startup based in Latvia and Hong Hong, has taken home the main prize at TechChill – 10,000 EUR, no strings attached. Gelatex and VREACH divide 250,000 EUR in angel investment from the pan-Baltic syndicate. The leading Baltic tech and startup event brought together over 1,700 attendees from over 600 different organizations from 29 countries, with 178 speakers taking the virtual stage.

Nokia selected by NASA to build first ever cellular network on the Moon O-Mag Sun, 09.05.2021

Nokia has announced further details after being named by NASA as a partner to advance “Tipping Point” technologies for the Moon, deploying the first LTE/4G communications system in space and helping pave the way towards sustainable human presence on the lunar surface.

The AI Basketball Robot CUE4 Attempts to Join a B. League All-Star Game O-Mag Wed, 10.03.2021

CUE is an AI basketball-playing robot that scores 100 out of 100 shots, developed by Toyota volunteers in their free time. The development team working on the project as real work, scheduled until 2020, unveiled CUE4, the fourth generation, at the end of 2019.

"Novices attempting the impossible from scratch"―This is the third installment of this special in-house project.

Mixed Reality Surgery World Tour - A new step forward in medical innovation

15 surgeons from 13 different countries have undertaken 13 mixed reality orthopedic operations as part of a 24-hour event. The surgeons virtually collaborated using Microsoft HoloLens 2 and Dynamics 365 Remote Assist, and were led by Professor Thomas Grégory of the Avicenne AP-HP Hospital, France.

ABB wins major power and propulsion order for five Fincantieri vessels

ABB secures an order of around $150 million to deliver a comprehensive scope of technologies to power next-generation cruise ships built by Italian shipbuilder Fincantieri

Strengthening its preferred supplier position in the cruise segment, ABB will equip five newbuild vessels with Azipod® electric propulsion, which has a proven ability to significantly reduce fuel consumption on board.

Skeleton Technologies raises €41.3 million in equity round from top European entrepreneurs

Skeleton Technologies – a Global Cleantech 100 company and the largest European manufacturer of ultracapacitor-based energy storage – announced today it has completed a €41.3 million financing round. All existing investors participated in the equity raise and were joined by notable European entrepreneurs and international investors. 

ABB robots accelerate COVID-19 testing in Singapore

As part of Singapore’s efforts to enhance its nation-wide COVID-19 testing capabilities, ABB’s high-precision robots have been deployed in a new automated laboratory system, known as the Rapid Automated Volume Enhancer (RAVE).

The system automates some of the manual steps usually required in sample processing. Two sets of RAVE and associated equipment can process an industry-topping throughput of close to 4,000 samples a day. RAVE also reduces test contamination and infection risks for laboratory workers.

Estonian researchers develop deep learning method to increase cancer knowledge

Using approximately 2.6 million microscopy images of canine kidney cells, members of an international research group, containing contributors from Estonia and Russia have built and trained a deep learning model to better understand how cells grow and divide. This research opens a novel way to identify more quickly and more easily the cell cycle ‘clock’ for every cell that is essential to understand diseases like cancer. The methods and results of their work have now been published in the journal Molecular Systems Biology.

ABB to power the world’s largest diamond recovery vessel for De Beers

ABB wins contract from Damen Shipyards Group to deliver an advanced power system for the world’s first custom-built diamond recovery vessel.

ABB will supply an integrated power system package that will ensure the world’s largest and most technologically advanced diamond recovery vessel meets exceptional safety, efficiency and availability requirements. The vessel is being built by Damen at Damen Shipyards Mangalia on the Black Sea in Romania. Financial details of the order were not disclosed.

Scandinavian startups receiving in total up to 700 000 euros in funding

89 startups from across Europe of which 14 are based in Scandinavia are selected for support to accelerate the development of promising health solutions.

Headstart is set up to help startups getting closer to market, receive clinical verification, evaluate patient need and benefit of their product or service as well as attracting further private investment. Through EIT Health’s network, the companies will make valuable contacts within EIT Health’s innovation ecosystem and will receive financial support of up to €50 000 each.

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