St. Ingbert / Kassel, 05.07.2023 – DORUCON is proud to announce the success of Twinsity at the EIC Accelerator. Together with DORUCON, Twinsity has succeeded in the highly demanding funding program for breakthrough innovations. In addition to the funding of 2.5 million euros, Twinsity was also selected as an example of success by the EU.
The EIC Accelerator: Funding for breakthrough innovations
The EIC Accelerator is a high-level funding initiative of the European Union aimed at supporting innovative companies. The focus here is on breakthrough ideas with high market potential and the ability to revolutionize industries.
The EIC Accelerator offers a unique combination of funding and support services, including an amount of up to €2.5 million in grant funding and up to €15 million in equity funding. The initiative aims to support companies that take risks, develop new technologies and drive a sustainable economy. For the winners, this funding enables them to advance their innovative ideas and projects and accelerate their time to market.
Twinsity: Using AI and drone technology for safe and efficient infrastructure monitoring
Twinsity is a disruptive technology company specializing in AI-driven solutions for infrastructure inspection. It has a clear mission to increase operational reliability and extend the life of critical infrastructure worldwide. According to the report, the company is developing an advanced inspection platform that uses artificial intelligence, drone technology and digital twins to enable continuous, efficient and data-driven monitoring of critical assets such as bridges and oil platforms.
Twinsity’s collaborative platform enables teams of experts to gain a comprehensive understanding of the condition of assets to ensure accurate decision making. As a result, Twinspect allows users to capture a complete inspection history across the asset lifecycle, providing valuable insights and enabling proactive maintenance planning. Twinsity is a privately held company based in Germany.
“Our automated, AI-powered Twinspect system reduces the total cost of bridge inspection by 65% compared to traditional drone solutions and enables cost savings of 92% compared to direct on-site inspection by engineers.” – Fabien Chalas, Co-Founder & CEO Twinsity
For more information, visit www.twinsity.com.
About DORUCON – DR. RUPP CONSULTING GmbH
DORUCON – DR. RUPP CONSULTING GmbH advises companies throughout Germany and Europe, from start-ups and SMEs to large corporations, on the realization of their innovation projects and offers support in the promotion and financing of growth. This support includes full-service planning, application and processing of grants and financing. Our offer includes not only assistance in innovation promotion, but also in investment promotion and financing. DORUCON has more than 10 years of experience in technology and innovation funding at state, federal and EU level.
Supported funding programs include the Central Innovation Program for SMEs (ZIM), KMU-innovativ, the research allowance, the EIC Accelerator, GRW funding and go-innovativ (go-inno). DORUCON is authorized by the Federal Ministry of Economics to issue consulting vouchers of up to 27,500 euros for the go-inno funding program. In addition, DORUCON is certified by TÜV Süd according to ISO 9001:2015 and is a member of the Offensive Mittelstand and the Bundesverband mittelständische Wirtschaft (BVMW).
Contact details and press information
Contact person DORUCON: Dr. Benjamin Hötzer
DORUCON – DR. RUPP CONSULTING GmbH