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Injection moulding

AI start-up OSPHIM digitalizes plastics industry and wins over expert jury in HIGH-TECH.NRW competition

2:00 min Digitization
Aachen, Germany

OSPHIM has won first place in the HIGH-TECH.NRW pitch with its AI-based technology for the digitalization of the plastics industry. The company - which was only founded at the beginning of 2024 - has built an innovative platform for AI-based process optimization of injection moulding processes within a very short space of time, making it unique on the market. “We have managed to massively speed up the set-up process for injection molding machines,” says Louisa Desel, co-founder and CEO of OSPHIM. The start-up has already won other awards.

A total of ten promising start-ups have completed the 12-week accelerator program at HIGHTECH.NRW. They were selected from a total of 50 applicants by a jury of experts. HIGHTECH.NRW is a venture platform that offers a tailor-made accelerator program for high-tech and deep-tech start-ups. In the end, OSPHIM convincingly prevailed over its nine competitors in the pitch. “We are delighted to receive this award, as it is further confirmation for us that we have developed a pioneering AI solution for the entire plastics industry,” explains OSPHIM CEO Desel.

OSPHIM GmbH was founded in January 2024 by Louisa Desel, Yannik Lockner, Mauritius Schmitz and Jakob Pesch. At its core, the start-up has technology for the digitalization and optimization of plastics processing, for example in billion-dollar sectors such as the automotive industry. Until now, the selection of process settings in plastics processing has mainly been based on expert knowledge. These processes are complex and time-consuming. With the help of OSPHIM's own platform, plastics processing machines can now be programmed faster, more precisely and more robustly.

“Our innovative platform aims to support decision-makers in setting up injection molding processes,” explains Louisa Desel. The compact OSPHIM-BOX collects data directly at the machine and optimizes it on the OSPHIM-WEB platform. “This not only allows us to reduce the time in the set-up process by more than 70%, but also reduces the reject rate at the same time,” says Desel. OSPHIM is thus setting new standards for sustainability and efficiency in the plastics industry. In addition to the innovative plug & play solution, OSPHIM offers its customers personal advice and ongoing support for the seamless integration of cutting-edge technology.

Just how pioneering the concept is became apparent shortly after the start-up was founded: OSPHIM won the RWTH Innovation Award at the beginning of the year. The award recognizes researchers and students whose ideas contribute to the innovative strength and appeal of the Aachen region. The ideas are evaluated according to the degree of innovation of the technology, social relevance of the field of application, degree of technological maturity, development plan, market potential and overall impression of the application. Although they were not among the finalists, OSPHIM also won the third highest sum and three prizes in the Rice Business Plan Competition (RBPC) organized by the Rice Alliance for Technology and Entrepreneurship. These included the Mercury Elevator Pitch Competition Prize - Best in Digital.

In addition to winning numerous awards, OSPHIM has already been able to attract well-known companies, including from the automotive industry, for its technology. “The plastics processing industry is an important economic sector in Germany,” explains Louisa Desel. “By using AI, considerable efficiency potential can be raised in the industry, making production more sustainable, robust and efficient.” The next step is to win over more customers with their innovative platform and add further technical features.

www.osphim.com

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