Onboarding investor - SFG

With the addition of a second investor, Steirische Wirtschaftsförderungsgesellschaft m.b.H. SFG, the first round of financing ends successfully. As a subsidiary of the province of Styria, SFG supports the upcoming growth and promotes further innovations in connection with the patented gearbox solution.


Nomination S&B Award

Kraken Innovations was nominated as one of the top 10 projects for the S&B Award 2022. The prize is awarded annually by the Rudolf Sallinger Fund for early commercialisation ideas based on a scientific achievement.


Nomination PHÖNIX Start-up Award

The PHÖNIX Start-up Award underlines the importance of Austria as a location for innovation. The prize was awarded by the Federal Minister for Digitalisation and Business Location and the Federal Minister for Education, Science and Research. In the category "Prototypes", the gearbox solution was chosen among the best five projects.


SPS 2022 Exhibition Nuremberg

Together with Nanotec Electronic GmbH & Co. KG, the innovative gearbox concept was presented for the first time at the SPS trade fair. SPS (smart production solutions) stands for digital automation.


#2 Newsletter

Our second newsletter was published on 02.11.2022 and is available here.


Company of the Month

Kraken Innovations was voted "Company of the Month September" in a public vote, an initiative of the Styrian Business Promotion Agency SFG.


AWS Seedfinancing

In June, the funding programme was approved, providing an essential basis for the upcoming market launch and closing the gap between prototypes and market-ready gearboxes. Kraken Innovations GmbH is hereby funded by Seedfinancing - Deep Tech of the BMDW and the BMK handled by aws.


#1 Newsletter

Our first newsletter was published on 23.03.2022 and is available here.


Onboarding investor - Nanotec

At the beginning of the year, a significant milestone was reached - the onboarding of an investor. Nanotec Electronic GmbH & Co. KG, a German company specialising in the production of high-quality motors and controllers, not only participates as a shareholder, but also supports with industry knowledge in the field of drive solutions.


FFG General Programme

For the development of the integrated sensor concept and the implementation of a predictive maintenance solution, we are starting the project "Smart Gear" together with our partners from science and industry, which is supported by the FFG within the framework of the basic programme funding (FFG no.: FO999890970).