Oliver Trinchera (Founder, Managing Director) and Alexander Hüttenbrink (Founder, Managing Director) Louisa Summer

KINEXON Industries

Provide Real-Time Intelligence, Automation and Value.

IoT
Founded in 2015
130 employees
Funding: Undisclosed
Stage: Series B

KINEXON brings industrial productivity to the ultimate level. The open-edge computing platform KINEXON RIoT (Real-time Internet of Things) integrates data from all industrial sensors and devices. KINEXON adds geospatial context to the objects through its centimeter accurate indoor and outdoor localization system. Finally, a special form of intelligence within RIoT optimizes and automates production and logistics processes in real time.
Website

Highlight of the year: Being awarded “most promising tech venture” at the Factory of the Year awards.

Interview with KINEXON Industries

What inspired you to found your startup?

People assume that in the digital factory, all things will interact with full autonomy. However, due to vertical IT structures, things lack real interoperability. Moreover, since GPS only works outdoors, things lack a piece of essential information: their location. We wanted to change this status quo.

How are you different? What is your unique value proposition?

We optimize industrial processes in terms of quality, cost and time, leading to higher productivity. We provide the most simple way to locate objects such as sensors and devices, and to connect them. Our real-time intelligence platform optimizes and automates any industrial process in real time.

How do you define success for yourself and your company?

Success has many dimensions. At KINEXON we focus on growth, profitability, and, last but not least, customer and employee satisfaction.

What do you want to achieve next year?

Our main goals are scaling and preserving, which might initially sound contradictory. Scaling means that we want to advance our products, to grow existing markets, and to address new markets. On the other hand, we want to preserve our cultural DNA: one of the key reasons for our success.

Why do people want to work at your company?

Our employees enjoy working on game changing technologies. We add responsibility and offer them a real opportunity to create impact and make the industrial IoT come to life! Moreover, they enjoy the full stack character of KINEXON since we develop and understand both hardware and software.

What has been the most important milestone so far?

An essential milestone was the successful launch of our solutions in automotive production environments. They have the highest demands in terms of reliability, real-time availability of data, and return on investment. We have proven that we can bring productivity to a new level in such environments

Looking back at your whole development story — what makes you most proud?

What makes us really proud is that we have brought together a team of highly talented and passionate people who have successfully transformed an idea into impact. These people believe in our idea and create a leading technology that is currently shaping the the digital factory of tomorrow.

Where do you see your company in 5 years?

In 5 years, we want to have established a large customer base around the world. We are working hard so that each of these customers will state that KINEXON has brought the automation and performance of its production/supply chain to the ultimate level.

What is your impression of launching a startup from your based city?

Munich is definitely one of the hot spots for industrial IoT ventures. It offers the right ecosystem of leading universities, a vibrant startup scene, and large corporations – especially in production and logistics – that can act as partners and customers.

What is your impression of the german startup scene? Would you change anything?

In Germany we have a kind of pole position when it comes to industrial IoT. However, if we want to stay ahead of the competition in other countries, we need to improve our execution skills: We need to form products that generate significant customer value and scale them globally.

KINEXON Industries was featured in “The Hundert Vol. 10 – Startups of Germany“, November 2018.

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