AWS Funding

The project "Smart Gear" was initially funded by the Institute of Production Engineering (TU Graz) and subsequently by the AWS funding "large prototype funding". Hence, Kraken Innovations GmbH could develop the innovative gear technology thoroughly.

Patent registration No. 1 - Koaxialgetriebe

A patent for the innovative gearing concept with pistons as transmission elements was filed with the Austrian Patent Office on 26.7.2019 (priority date).

1st place Gründungsgarage Vol.XII

With the support of "Gründungsgarage", the academic startup accelerator of TU Graz, a business model was developed together with mentors. The idea clearly convinced the jury in the final pitch and was chosen as the winner of Volume XII 2019.

The idea for the gearbox

The idea for a new, revolutionary gearbox, the "Smart Gear", was initiated by Michael Michelitsch and Philipp Eisele. It started within their Master's studies at Graz University of Technology at the beginning of 2019. The initial considerations were quickly transformed into a clear vision.


On 19 February 2021,  Kraken Innovations GmbH, based in Graz, was founded by Philipp Eisele, Michael Michelitsch and Daniel Fürhapter. Therefore, the official start of a strong future in the field of intelligent drive technology was made.