In this new article series our Research Team introduces promising, young Startups based in Europe, which are already successful in the German market or will conquer it in near future. If you are interested in this series of articles, you can keep up to date on our LinkedIn Account.
RG: Briefly describe: what is your company doing?
Auxivo: At Auxivo, we are developing wearable technologies to support and protect industry workers. In more detail, we focus on the development of wearable exoskeletons that support workers executing physically demanding tasks. Our products reduce the workload to reduce exhaustion and fatigue to ensure the workers’ long-term wellbeing.
RG: Where is the benefit for the customers; whats your USP in comparison to competitors?
Auxivo: We always develop our exoskeletons in collaboration with industrial partners. Therefore, we always learn and understand the processes, work tasks and problems of our customers, which allows us to develop exoskeletons based on our customers’ requirements. Further, we then also evaluate our exoskeletons in field tests with our partners to ensure that our products fit the requirements of our customers and are already field approved. That’s why our exoskeletons have a great fit with the real world.
Our wearable exoskeletons can be used in many situations where traditional means, such as cranes or conveyor belts cannot be used. Further, employers will benefit through lower injury related costs, higher retention rates of skilled workers and a reputation of being concerned for the wellbeing of their employees.
RG: Is the German market relevant for you? If yes, how would you approach the German market?
Auxivo: To be successful, you need to go where your customers are. As Germany is a leading industrial nation with more than 80 million inhabitants, there are a lot of potential Auxivo exoskeleton users. So to approach the German market, we need to learn the pain points of our customers in the first place and then solve them.
We already have some pioneer customers in Germany testing our lift-support exoskeleton. Based on these experiences, we will then expand our activities in the German market.