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Dresden, Saxony, Germany, 2007/10/30 - FutureSAX invited venture capitalists and entrepreneurs from all over Germany to Dresden under the motto "Lift Off with Venture Capital - Emphasis on Technology and Environment".
In front of 80 guests, among them 30 investors, the jury selected Transinsight with its software technology for knowledge-based information searches from seven finalists as the winner of the most promising investment.
„The jury choose the Transinsight team because of their excellent business concept and investment, as well as their convincing presentation“, says futureSAX representative Kerstin Trautmann. She goes on to say: „the Businessplan-Wettbewerb Sachsen GmbH congratulates the winner for this outstanding success.“
“We are proud our concept is regarded as outstanding by top-class investors“, says Dr. Michael R. Alvers, CEO of Transinsight GmbH. He continues: “We created software with the potential to revolutionize information searching. Themed “Together we Search, Think, and Write“, we raise searching to a new level. We do not rank search results, the user does! This fosters democracy and allows companies and others to save plenty of time, which then becomes available for other relevant tasks.“
Mark Miller, CEO of CatCap and a member of the jury, is convinced that close cooperation between the university and new high-tech companies in Dresden will lead to success. “Transinsight GmbH, with its brand new search paradigm, is well-positioned in the rapidly growing information handling and knowledge management market,“ says Miller.
Founded in 2005, Transinsight (transinsight.com) is focused on software solutions for the life sciences providing products for knowledge-based technologies. The flagship product, GoPubMed a well established biomedical search engine, is the first knowledge-based search engine for the Life Sciences on the Internet. Transinsight is headquartered in one of the leading German biotech incubators, the BioInnovationCenter Dresden BIOZ, where science and business work under one roof. Transinsight works in close collaboration with the Technical University Dresden.
About the VC Forum futureSAX
FutureSAX hosted a venture capital forum near the Frauenkirche for intensive discourse between venture capital investors. This forum has been the only VC networking forum to date in Saxony. Companies in the fields of technology and environment from all over Germany looking for investors could apply for one of eight presentation slots. FutureSAX was supported by KPMG and 3i Deutschland GmbH as well as by cooperation partners CatCap GmbH, Neuhaus Partners GmbH, and F.A.Z.-Institut GmbH. Investors were given the chance to get to know different outstanding companies during a single day as well as to get in contact with many potential co-investors. Companies were given the opportunity to present themselves in front of a community of investors. After the presentations, companies and investors got together over refreshments for one-on-one discussions.
For more information please contact:
Kerstin Trautmann, futureSAX – Businessplan-Wettbewerb Sachsen GmbH
Pirnaische Straße 9, 01069 Dresden
P: +49 351 49103114 / E kerstin.trautmann[.]futuresax.de