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EXIST start-up grant for future-link

EXIST business grant for international start-up future-link

17.6.2024 | DIT press office

At the beginning of June, the international founding team "future-link" from the Startup Campus of the Deggendorf Institute of Technology (DIT) received an EXIST startup grant of €131,500 for their idea of a retrofit solution for easy machine data collection.

The young founders—Shivam Parmar (India), Ali Aljalali (Syria), and Johannes Bardon (Germany) got to know each other at DIT and have set themselves the goal of offering companies a manufacturer-independent plug-and-play retrofit solution for recording machine data. This should then be able to be used for fully automated process monitoring of machinery. Since older machines often lack the necessary interfaces for data extraction, future-link is developing a product using DIT's patented "Method and System for Machine Data Collection" (DE102019101132). This product enables uncomplicated machine data collection (MDE) without external sensors or existing interfaces. Additionally, the startup offers operational data collection (BDE), which, when combined with MDE, provides a comprehensive overview of the production process. To ensure information security, the data traffic of the system, which runs on Raspberry Pi and Windows, can operate within a completely independent network, separate from the manufacturing operation.

Having moved into the Startup Lab in Veilchengasse, Deggendorf, the three founders now have twelve months to turn their prototype into a market-ready product. Concurrently, they are also working on expanding their business model.

Bild (DIT): The future-link team with their mentors from DIT (from left): Prof. Dr.-Ing. Ludwig Gansauge, former President Prof. Dr. Peter Sperber, Ali Aljalali, Johannes Bardon, Shivam Parmar and Alfons Weinzierl from the Centre for Start-up Support.