Starting your own business is a great success in life. Especially at our young age, it is a memorable step. Above all, the backing and support from external people and institutes are fun and bring motivation.
Therefore, we are particularly pleased to be able to report to you today that we were able to record two particularly great successes this year. Armin Strbac and Katharina Klausberger have decided to invest in us and our company. This means that the path that Armin started with us as a mentor is now continuing. The two founders of the flea market app Shpock, one of the largest and most successful start-ups in Austrian history, work closely with us and support us not only financially! In regular meetings, we exchange ideas about the possibilities of our systems and the future of the company and optimise processes, development work and strategies.
We are very happy about this cooperation, because we profit a lot from the pleasant collaboration and have a lot of fun in the common exchange.
But that’s not all! At the end of June this year, we were also able to secure support from the AWS PreSeed grant. With this funding, specialised in high technology and DeepTech, we will now be able to cover a large part of the development and personnel costs and optimally continue our work. In addition to the success of receiving the funding, the application process was also very beneficial for us. While working on business plans and other documents, we learned a lot about our system and the company. Even if this may sound very surprising, the intensive examination of our business model has brought us a long way and has also shown us a lot of potential for optimisation, which we will try to use in the future.
In addition to these successes, we were also able to receive support from the v-start grant on the one hand and the API Foundation on the other. We are also very happy in this respect, as we also receive strong support in our geographical environment through these local promotions, which makes us very happy.
With all this support and funding, we could register a 6-figure funding round in 2021, which will cover a large part of the upcoming costs and thus promote the development of innovative systems for the construction industry. With this backing and great support, we will continue to push forward with our work and hopefully soon be able to show first results.
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Best wishes and see you soon!
Your Sodex Innovations Team
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