Joining OnBoard Ventures Discovery
Berlin, April 26th, 2017 – R3Coms, – R3Coms, the R3 – Reliable Realtime Radio Communications GmbH (R3Coms), has been selected by the jury of Onboard Ventures, an open innovation initiative of Ficosa and Idneo, in collaboration with 4YFN, to be part of the its discovery programme. Onboard Ventures had opened its doors to invite early-stage and seed startups that offer solutions in the automotive industry, such as smart mobility and autonomous vehicles to apply to for the programme with a deadline on April 4th.
“The objective of applying to Onboard Ventures is to bring clear and tangible support to your project. Ficosa and Idneo are the best in-class product development organisations in major verticals like automotive or industrial 4.0.” says Edouard Rozan, Managing Director, Onboard Ventures.
“Being in the Onboard Ventures family – continues Rozan – will give startups access to resources including: a commercial portfolio including car players and major industrial partners; development capacities (vehicle sensor data, hardware devices in the vehicle sensor data); a global office network in Barcelona, Lindau, Detroit, San Francisco and Shanghai; industrialisation and manufacturing capacities; advanced engineering projects and a great team of professionals”.
There have been 75 entries from contestants spanning over 25 countries worldwide. R3Coms is among the 10 finalists, which – due to the high level of quality of the applications received – where exceptionally difficult for the judges to chose. “We are very happy to be among the chosen startups of this great programme”, says Florian Bonanati, Managing Director of R3Coms. And he adds: “Don’t miss the chance to see us pitching on stage from 10am on Friday May 12th at the 4YFN Mobility Village at Automobile Barcelona Connected Hub on 11-12 May 2017, Barcelona.”
* * *
The R3 – Reliable Realtime Radio Communications GmbH (R3Coms) was founded in July 2015 as a spin-off from two leading European engineering universities. The company’s focus is on research, development, production and sales/distribution of ultra-reliable real-time wireless communication systems and solutions. Current activities focus on smart factory solutions and industrial automation in the context of Industry 4.0 and IoT. Moreover, R3Coms addresses the challenges in the automotive and aerospace sectors, as it has developed a worldwide unique software based technology, with which it is possible to transform commercial off-the-shelf (COTS) wireless modules into highly reliable real-time wireless communication systems. Its performance characteristics fulfill the highest requirements of industrial IoT and Industry 4.0 applications with respect to real-time (1ms latency) and availability (up to 99.9999999%) constraints. The founding team perfectly combines engineering and business expertise – including machine-to-machine communication professor James Gross – with more than 25 years ICT and more than 10 years of top management consulting experience. 2017, Creathor Venture und IBB Beteiligungs-gesellschaft strengthened the financial situation of R3Coms investing a seven-digit amount. Furthermore, R3Coms is significantly supported by its high calibre advisory board.
About OnBoard Ventures
Onboard Ventures is an Open Innovation Initiative of Ficosa & Idneo. From Barcelona and San Francisco, their mission is to support technology-based startups and boost them towards a consolidated business. The “Onboard Ventures Discovery Programme” launched in collaboration between 4YFN and Ficosa / Idneo, is aimed at early-stage and seed startups with mobility-related projects interested in validating their business models with real use cases. Headquartered in Barcelona, Ficosa is a global Tier 1 supplier. Ficosa product portfolio matches the main automotive trending topics, including connected vehicles, autonomous driving and green driving. Based in Barcelona and San Francisco, Idneo is a multi-sectorial technology solutions partner specialized in the design, development and manufacturing in Automotive, Medical devices and Industry 4.0.