Axel Springer AG invests in international startup conference hy! Berlin




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19.01.13

Axel Springer AG invests in international startup conference hy! Berlin

To press release overview

Between the 17th and 19th January 2013 the international startup conference hy! Berlin, in which Axel Springer AG is invested with a 49 percent stake in the organizer, was held. A total of 150 startup founders, key players and investors from the United States, Europe and Germany accepted the invitation to the German capital. Participants included Jawed Karim (founder YouTube video platform), Alexis Ohanian (founder reddit social network), Om Malik (founder American technology blog GigaOM), Fabian Heilemann (founder DailyDeal voucher platform), Lars Hinrichs (founder Xing business network) and Mathias Döpfner (Chief Executive Officer Axel Springer AG). In addition to the networking of the participants with Berlin’s creative scene, an extensive discussion program took place in Radialsystem V.

Founded by Berlin entrepreneurs Aydogan Ali Schosswald and Hans Raffauf, hy! Berlin was initially launched as part of the Axel Springer AG MEDIA ENTREPRENEURS DAY 2012 as a global startup competition. Through Axel Springer AG’s additional financial and substantive support, hy! is to be established for the future as an international network and series of conferences. The next event, to which a large number of company founders and designers will be invited to Berlin, was announced for the 3rd and 4th June 2013.

Mathias Döpfner, Chief Executive Officer Axel Springer AG: "hy! Berlin should develop into a young innovation-oriented founder-related platform serving the international networking of the European start-up scene. Axel Springer is not only an investor here, but also a sparring partner with regard to content." hy! founder Aydogan Ali Schosswald added: "Start-ups make a substantially contribution to technological and social innovations. Berlin is currently developing into one of the most important and exciting cities for founders, for this reason there is no place or time better suited for the start of hy! Berlin at the moment."

The public conclusion of the conference was a startup competition with prizes totaling more than 200,000 euros. Several hundred young companies had applied to take part. The best 15 presented their ideas to more than 500 spectators and a jury of experts. The winners – the social network for makers and crafters „knowable“ (category: best idea), the infographics service „infogr.am“ (category: best new product) and the inventor of solar cleaning robots „Solarbrush“ (category: best hardware product )–  each won among other things, a trip to Silicon Valley and 10,000 euros in cash from hub:raum, Deutsche Telekom's incubator. 

More information is available at www.hy.co.

Press contact: Michael Schneider
Tel: +49 30 2591 77644

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More information about the next hy! Berlin event on the 3rd and 4th June 2013