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Lissi GmbH secures €3.5 million: Ventech leads funding round for EUDI wallet integration

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Lissi Funding: €3.5 Million for EUDI Wallet Expansion Image: The Lissi founders, from left to right: Sebastian Bickerle, Helge Michael, and Adrian Doerk. Image credit: Lissi GmbH

Independence for Europe’s Financial Sector: Lissi GmbH secures 3.5 Million Euros led by Ventech for European, AMLR-compliant EUDI-Wallet integration

Frankfurt am Main, July 9, 2026 – Lissi GmbH, a European pioneer in the field of EUDI wallet connectivity and verifiable credentials, has successfully closed a new funding round of €3.5 million. The round is led by the European venture capital firm Ventech, joined by BM H Beteiligungs-Managementgesellschaft Hessen together with existing investors main incubator (Commerzbank Group) and Ninepointfive Ventures.

With this investment, Lissi is sending a clear signal in support of sovereign European digital identity. With investors from three EU countries – Germany, France and Belgium – and a partner network spanning the entire European Union, Lissi is positioning itself as an independent pan-European platform alternative.

The AMLR Clock Is Ticking for the Financial Sector

The timing of the financing round could hardly be more relevant. On July 10, 2027, the EU Anti-Money Laundering Regulation (AMLR) will begin to apply, accelerating demand for trusted digital identity solutions across the financial sector. As banks and financial service providers prepare for the new regulatory framework, interoperable eIDAS-compliant identity solutions are becoming increasingly important.

Already today, 90 percent of Lissi’s customers come from the financial sector. These include banks, insurance companies, payment service providers, identity verification providers and qualified trust service providers, including market leaders such as itsme and Commerzbank.

Building on this, Lissi is using the new funding to provide financial institutions with a practical solution for meeting AMLR requirements and enabling new Open Finance business models based on identity wallets.

“We won the German Federal Government’s EUDI Wallet Challenge in 2025. Based on this experience, we are further expanding our EUDI Wallet Connector Suite and have started developing our own Software Development Kit. With this, financial companies can integrate all functionalities of modern identity wallets directly into their own apps,” explains Sebastian Bickerle, CTO and Co-Founder of Lissi. “This means that in the future, any banking app can be expanded into an ID wallet in no time at all.”

Connectivity for All European Wallets

Lissi’s goal is to enable seamless interoperability between public and private EUDI Wallets across the European Union through its EUDI Wallet Connector Suite, supporting implementations in both the public and private sectors throughout all member states.

Helge Michael, CEO and Co-Founder of Lissi, emphasizes the company’s strategic direction:

“Financial institutions need solutions that integrate seamlessly into existing IT environments while giving them full control over customer data. Our platform was built specifically for these requirements: eIDAS-compliant, highly flexible, and aligned with the strict security and compliance standards of the financial sector. The trust placed in us by numerous banks and financial service providers confirms that this approach resonates strongly with the market.”

Investors Back Europe’s Digital Sovereignty

Stephan Wirries, General Partner at Ventech, said:

“We’re thrilled to back the Lissi team. Many of their competitive advantages are based on the fact that Adrian, Sebastian and Helge aren’t theorizing about bank compliance — they initially built from inside Commerzbank, which means they understand bank IT priorities at a level that is hard to attain for outsiders. Their SDK approach, turning existing banking apps into wallets that will work across all European member state markets, will help regulated customers leverage eIDAS-compliant flows even further.”

Stephan Groß, Senior Investment Manager at BM H, added:

“Lissi is an excellent example of the kind of technology company we aim to support: rooted in Hesse, built on strong domain expertise and addressing a clear European market opportunity. The team has developed a highly relevant infrastructure solution for regulated industries and has already gained the trust of important market participants. We are pleased to join Ventech and the existing investors in supporting Lissi’s next stage of growth.”

Strong Ecosystem and Proven Market Experience

Lissi has been active in the field of digital identities since 2019 and has contributed to the development of the European EUDI Wallet ecosystem from an early stage, initially as part of the Commerzbank Group.

As the lead of the IDunion research project, the company contributed to key technical components now used in European digital identity wallets. Lissi also participated in the European Large Scale Pilots EWC and POTENTIAL and continues to contribute to new standards, interoperability and technical capabilities for EUDI Wallets through the ongoing WE BUILD consortium.

“As an active contributor to various EUDI Wallet initiatives across the EU, Lissi combines close involvement in standardization with practical implementation experience. We have already completed projects with more than 30 organizations from 10 member states or are currently working with them on EUDI Wallet integrations,” says Adrian Doerk, Co-Founder and Chief Marketing Officer of Lissi.

Image: The Lissi founders, from left to right: Sebastian Bickerle, Helge Michael, and Adrian Doerk.
Image credit: Lissi GmbH

Source BM H Beteiligungs-Managementgesellschaft Hessen mbH

FIZ: What do freelancers expect from financial management today?

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FIZ: AI for freelancers and smarter financial management petr kutis founder and ceo

FIZ is a financial platform for freelancers that combines AI with automation to simplify tax and financial management for independent professionals

Could you briefly introduce FIZ and tell us how the idea came about?

FIZ is a financial assistant — effectively a neo-accountant — for freelancers and small businesses in Portugal: certified invoicing, VAT, Social Security and income tax, all automated in one app, with an AI assistant on hand for tax questions day or night. The idea is personal. As entrepreneurs ourselves, we kept hitting the same wall — accountants who speak a language you do not understand and never seem to have time for you. We felt first-hand how much of a limitation that is for people like us: people who want to build, to create, to enjoy the freedom of working for themselves — not to lose their days to bureaucracy.

That is the conviction FIZ is built on: in Portugal, going freelance should not come with a second, unpaid job as your own accountant. Yet the moment you go independent, you are hit with recibos verdes, IVA, Segurança Social and IRS, each with hard deadlines and real fines for small mistakes. So we built FIZ to make the tax side simply disappear into the background. Today more than 15,000 people in Portugal rely on it.

What vision are you pursuing with FIZ?

No freelancer should have to become a tax expert to stay compliant. We want the fiscal side of running your own business to feel invisible — handled quietly and correctly in the background, so the only time you think about taxes is when we tell you they are already done. Simplification, for us, is not hiding complexity behind a prettier screen; it is removing the work itself — filing automatically, pre-filling the numbers, surfacing what matters, and answering questions in plain language the moment they arise.

Who is FIZ primarily built for, and which challenges do you solve?

FIZ is built for Portugal freelancers, sole traders on recibos verdes, and small businesses. They are brilliant at what they do, but were never meant to be accountants. We take on the everyday stress points: issuing certified invoices correctly, knowing exactly how much VAT and Social Security to pay and when, staying ahead of IRS. And when a mistake does slip through, we shield them from it — our Escudo Fiscal (Tax Shield) protects users against fines of up to 1,500 euros. In short, we give a one-person business the same backing a large company gets from its finance department.

Why did you decide to combine invoicing, taxes and social security into one platform?

Because in real life these are not separate problems — they are one continuous stream of obligations, and the friction lives in the gaps between them. Invoicing in one tool, VAT in another, Social Security in a third, and you become the integration layer, copying numbers by hand and hoping nothing slips. Bring it all together and the data flows on its own: an invoice you issue today already knows what it means for your next VAT and IRS. That is where both the time-saving and the accuracy come from.

What makes the combination of certified invoicing, tax automation and an AI assistant unique?

Two things. First, our invoicing is officially certified by the Portuguese tax authority — AT certification no. 3041 — so it is compliant at the source, not patched up afterwards. Second, we pair that with an AI assistant that genuinely understands the Portuguese tax context: a user can ask, in their own words, how much should I set aside this quarter, and get a clear answer at midnight, no appointment required. Certified compliance, a knowledgeable assistant and full automation in one place — that is what makes FIZ feel less like software and more like an accountant in your pocket.

How important is automation in helping entrepreneurs spend less time on admin?

It is the entire point. Admin drains your energy without creating any value — every hour on it is stolen from the thing you are actually good at. Automation reverses that: the routine, deadline-driven tasks are handled for you, reliably, so your focus returns to clients and growth. For a solo business, that is not a convenience — it is what keeps the business sustainable instead of heading for burnout.

How does FIZ ensure users feel confident with their financial data?

When you hold people financial data, trust is the foundation, not a feature — and you earn it two ways. Technically, through serious security and data-protection standards around sensitive information. And through being provably correct: our official AT certification means what we do is compliant and auditable, not merely claimed. We also keep users in the loop, showing exactly what is being filed on their behalf and why. When people see the system is both secure and right, confidence follows naturally.

What have been the biggest challenges building a fintech that works with regulatory requirements?

Regulation is not a wall you clear once — it is a moving landscape you have to stay inside of continuously. Rates, rules and reporting formats change, and here a mistake is not just a bug: it can cost your user real money. So the hardest work is being effortless and rigorously correct at the same time — two goals that constantly pull against each other. Staying certified as the rules evolve only works if tax expertise and engineering sit in the same room, solving the problem together.

How do you see AI shaping the future of tax and financial management?

AI turns financial management from reactive into proactive. You used to discover a tax problem only after it happened — at filing time, or when the fine arrived. AI lets FIZ understand your situation continuously and tell you what to do before the deadline, in language you actually understand. It also collapses the distance to expert advice: questions that once needed an appointment get answered instantly. Kept honest — always grounded in the real rules — AI makes good financial guidance something every independent worker can afford, not only those who can hire a professional.

What are the next major milestones and product developments planned for FIZ?

In the near term, we are extending FIZ from the individual freelancer toward small companies — bringing the same automation to their bookkeeping, so a growing business gets the same effortless, compliant experience its founders already trust as freelancers.

What are your long-term ambitions beyond the Portuguese market?

Portugal is where we are proving the model — but the problem we solve is not Portuguese. Independent workers everywhere face the same fragmented, intimidating tax systems. So expansion is very much the plan: in 2027 we will launch in Spain, with more markets to follow — and we are already actively studying Brazil. The ambition is to bring that same your-taxes-simply-take-care-of-themselves experience to freelancers well beyond Portugal.

What three pieces of advice would you give to founders building a fintech in a highly regulated industry?

One: get close to the regulation early and treat compliance as a core product feature, not a legal afterthought — in a regulated market, being correct is your product.

Two: obsess over one specific user and one specific pain before you broaden — we went deep on the Portuguese freelancer exact fiscal routine, and that depth is what earns trust.

Three: put domain expertise and engineering on the same team from day one; in regulated fintech, the magic happens when the people who know the rules and the people who build the product solve it as one.

Picturecredits FIZ

Thank you Petr Kutis for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

AVILOO: What’s Next for Trust in the Used EV Market?

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AVILOO: Battery Warranty and battery diagnostics for used EVs Marcus Berger CEO of AVILOO

AVILOO develops independent solutions for electric vehicle battery testing and is advancing battery diagnostics with its Battery Warranty to increase trust in the used EV market

What was the founding insight behind AVILOO – what gap in the market did you see that others were missing?

The founding insight was a structurally broken used EV market: nobody could say, with any certainty, what state a battery was actually in. Dealers, buyers, insurers – everyone was relying on a dashboard readout generated by the car’s own system, with no independent way of verifying it.

We saw a market about to scale into the tens of millions of used EVs with zero independent infrastructure behind its most expensive component. Every other part of the used car industry has independent inspection – mileage, service history, mechanical condition. EVs had nothing equivalent for the battery. That gap was the founding insight.

You’ve built the world’s largest independent EV battery diagnostics database. What does that scale actually mean in practice – how many vehicles, how many data points?

Our database holds results from over one million real-world battery tests, and it grows every day – it’s the largest independent EV battery diagnostics dataset in the world. That scale means we’re not extrapolating from a handful of lab samples; we have enough data across nearly every model, age bracket and usage pattern to build genuine degradation curves rather than guesses.

In practice, when we test a five-year-old Model 3 or a two-year-old e-Golf, we can tell you exactly where that battery sits relative to thousands of comparable vehicles – and with the recently introduced AVILOO Battery Warranty, not just what it reads today, but whether it’s ageing normally, ahead of schedule, or better than expected.

How does AVILOO’s diagnostic technology work, and what makes your data more actionable than what an OEM or dealer might already have access to?

The AVILOO FLASH Test takes three minutes and measures real capacity against the vehicle’s original energy capacity. Crucially, it isn’t a readout of what the car’s battery management system reports – which is what all other battery analytics companies do – it’s an independent SoH calculation.

BMS data is self-reported, unverified and inconsistent across brands. Ours is benchmarked against our database of comparable vehicles. That benchmarking is one of the real differentiators: an independently calculated single State of Health number tells you a lot, but compared against thousands of same-model, same-age batteries, it tells you exactly where a vehicle stands – and whether the price on the windscreen reflects that reality.

Who are your primary customers – is it fleet operators, dealers, insurers, OEMs – and how has working with AVILOO changed the way they make decisions?

Our customers span the full remarketing chain – dealer groups like Hedin and Emil Frey, leasing companies such as Ayvens and Arval, auction platforms including BCA and Cox Automotive, and OEMs like Mercedes-Benz, Volvo, Hyundai, Porsche Holding and others who use AVILOO across their European dealership networks.

What’s changed for all of them is that battery health has moved from a soft assurance to a hard number in the pricing conversation. Vehicles with a verified AVILOO certificate command higher resale prices and spend less time on the lot, because buyers no longer have to price in uncertainty. It’s turned a guessing game into a data-backed negotiation – on both sides of the table. The AVILOO Battery Warranty comes on top, at no cost for dealers or consumers.

You recently launched a Battery Warranty product. What problem does that solve, and why was reinsurance backing the missing piece?

Before the warranty, an independent diagnosis gave you a snapshot – it told you the current state of the battery but offered no protection if it degraded faster than expected after purchase. Buyers had no financial recourse. The Battery Warranty closes that gap: if State of Health falls below a guaranteed minimum threshold within 12 months or 20,000 km, the owner is compensated with 3.000 EUR.

Reinsurance was the missing piece because without it, this is just a promise. With it, it’s a contractual, financially backed guarantee underwritten by AVILOO. That’s what turns a diagnostic certificate into real protection at the point of sale – and what makes a buyer willing to pay a premium for a verified vehicle rather than discount for the uncertainty.

What have been the hardest challenges in getting the industry to trust third-party battery data, and how have you overcome that scepticism?

The instinct in an industry built around manufacturer control is to treat the BMS as the single source of truth – and to be frankly suspicious of anything external that challenges it. We didn’t overcome that through persuasion; we overcame it through proof.

We had the methodology independently validated, and then we let the results speak. When Mercedes-Benz, Volvo, Hyundai, Porsche Holding and others adopted the FLASH Test across their own dealership networks – choosing an independent measurement over their own readout – that settled the debate more cleanly than anything we could have said ourselves. Premium OEMs don’t make those decisions lightly, and the rest of the industry noticed.

The used EV market is growing fast but consumer confidence around battery health remains a barrier. How significant is that problem, and how does AVILOO help solve it?

It’s the single biggest barrier to used EV adoption right now. The battery is the most expensive component in the car – often representing 40–50% of vehicle value – and at the point of purchase it’s still a black box for most buyers. Manufacturer State of Health figures aren’t independently verified, aren’t standardised across brands, and consumers know it. That uncertainty gets priced in as a discount, which suppresses the whole market.

Our own research shows over 90% of B2B buyers cite battery transparency as decisive in the purchase decision. AVILOO addresses this on two fronts: the FLASH Test delivers an objective, independently verified SoH calculation, and the Battery Warranty backs that with real financial protection if the battery doesn’t perform as certified. Together, they give buyers something to anchor their confidence on.

How has the industry – OEMs, dealers, insurers – responded to what AVILOO is doing, and where do you see the greatest urgency for wider adoption?

The response at the premium end has been decisive. When Mercedes-Benz, Volvo, Hyundai, Porsche Holding and others choose you as their preferred third-party testing provider across their European networks, that’s not a pilot programme — that’s infrastructure adoption.

The urgency for wider rollout sits further down the chain, with mid-market dealer groups and remarketing platforms where fleet and lease returns are landing at volume and the processes haven’t kept pace. That’s where the bulk of used EV transactions will happen over the next three to five years, and where the absence of independent battery data will create the most friction — for buyers, for lenders, and for the dealers trying to move stock efficiently.

What has been the defining milestone for AVILOO so far – the moment you knew the business had real traction?

The moment that confirmed we’d built something real was when Mercedes-Benz, Volvo, Hyundai, Porsche Holding and others came in as partners. Being chosen as an independent battery testing provider across their European dealership networks told us that diagnostics wasn’t a nice-to-have – it was infrastructure these companies were prepared to build into their own standard processes.

Crossing one million real-world tests around the same period gave us something equally important: the statistical depth to back that trust with genuine confidence. Together, those two things confirmed we’d moved from a promising idea to real market infrastructure.

Where do you see battery diagnostics fitting into the broader EV ecosystem over the next five years – and what’s AVILOO’s role in shaping that?

Battery diagnostics will become as standard to the used EV transaction as mileage or service history is to a combustion car today – not a premium add-on, but expected infrastructure that dealers, lenders, insurers and platforms build their processes around.

What I expect to change is where the authoritative data comes from. The market will consolidate around independent, brand-neutral diagnostics rather than manufacturer-reported figures, because trust at scale has to be earned through transparency, not claimed through ownership. AVILOO’s role is to be that infrastructure layer – the diagnostic standard and dataset the whole ecosystem plugs into. We’re building the reliability layer the used EV market can’t function at scale without.

Picturecredits AVILOO

Thank you Marcus Berger for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

CONTURE: Is authenticity becoming the defining trait of modern entrepreneurship?

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CONTURE: Entrepreneurs building better business

CONTURE helps entrepreneurs build successful businesses by combining education, personal growth and international experience.

What first attracted you to the Permanent Makeup industry, and how did you transform a craft into an international business operating across multiple countries?

Honestly!? It was never about makeup or tattoos. It was about the moment after…!!!
The moment someone looks in the mirror and something shifts!!! I love THAT! Not because they look different.. but because they feel more like themselves. That moment was addictive from the very beginning, and it is what kept me in this industry for over fifteen years.

I started at 18in Switzerland. No business plan. No roadmap. Just a craft, a relentless curiosity about people, and a refusal to think small!! What grew from that was organic but it was also intentional. Every time I outgrew one market, I expanded into the next. Ibiza. Barcelona. Mykonos. Dubai. Not because I followed a strategy but because I followed the demand. And demand follows quality, consistency and the ability to make people feel seen! The shift from artist to entrepreneur came when I relaxed that the work I was doing, teaching, building systems, training others had more impact than any single client appointment. That is when I stopped thinking like a craftsperson and started thinking like a founder.

You often say that beauty was never the most interesting part of your work. What have thousands of client interactions taught you about people, confidence and personal transformation?

People do not come to you for a procedure. They come to you carrying something!
A woman who has lost her eyebrows to illness. A mother who has not felt like herself in years. Someone who has been hiding behind a face they do not recognize. The technical work takes perhaps two hours. But the conversation that happens in that room… THAT is where the real work is done!!! You are part of their story.

What I have learned over thousands of interactions is this: confidence is not about looking perfect. It is about feeling congruent. When the outside finally matches something you feel on the inside, something unlocks. People stand differently. They speak differently. They make decisions they had been postponing for years. Their eyes talk with colors of happiness.

Your entrepreneurial journey spans more than fifteen years and includes both successes and setbacks. Which challenges shaped you the most as a founder, and what did you learn from them?

The challenge that shaped me most is not one I talk about easily. But it is the one that matters most in the end!

At 25, I had built everything I had dreamed of as a girl who grew up without much. A house. A business. Financial freedom I could not have imagined as a child. And then, within a short period of time, I lost all of it. I became seriously ill… at one point confined to a wheelchair. I could not work. And while I was in hospital, someone close to me who was struggling with addiction sold everything I had built. My company. My savings. Everything.

I rebuilt from a basement. Literally. I slept on an air mattress. During the day I showed up as an entrepreneur, coaching others, maintaining a presence, performing confidence I did not feel. At night I returned to that basement after 17houra work days. Two lives running in parallel! Very different. One visible, one invisible.

What that experience taught me is that resilience is not a personality trait. It is a decision you make in the hardest moment when you have every reason to stop. You either let the experience define your limits, or you let it expand them!!!

Those were not setbacks. They were lessons! And every single one of them brought me exactly here. I would never change one thing on that!

Many people give up on their ambitions when they face uncertainty or rejection. Why do you think some individuals keep moving forward while others abandon their vision?

This question has fascinated me for years. I have watched highly talented people disappear from industries they were made for, and I have watched people with far less obvious talent outlast everyone around them.

The difference is rarely skill. It is identity!

People who keep going have made their vision part of who they are, not just what they do. When you define yourself by the outcome, rejection destroys you. When you define yourself by the commitment, rejection becomes information. It tells you to adjust, not to stop.

The other factor is tolerance for discomfort. Most people retreat to certainty not because they cannot handle failure, but because they cannot handle the feeling of not knowing. The founders and artists who persist are not fearless. They are simply more comfortable sitting in uncertainty without letting it become a reason to quit.

You have rebuilt yourself and your businesses several times throughout your career. What does reinvention mean to you, and why is it such an important skill for entrepreneurs?

People often see reinvention as loss… losing a version of yourself, a business, an identity. I see it as the most honest thing an entrepreneur can do. Because the market changes. You change. The person you were when you started is never the person who finishes. If you refuse to reinvent, you end up defending a version of yourself that no longer exists.

The most important thing I have discovered about reinvention is that it requires you to let go before you know what comes next. That gap… between what was and what will be.. is where most people freeze. But that gap is also where the most important growth happens!!!

For entrepreneurs specifically, the ability to reinvent is what separates those who build something lasting from those who build something temporary. Markets shift, platforms change, industries evolve. The ones who survive are not the most talented. They are the most adaptable!!!

Today, in addition to running your academy, you mentor entrepreneurs, artists and business owners. What are the most common challenges people face when it comes to visibility, positioning and building a personal brand?

Most people I work with are not struggling because they lack knowledge or talent,they are struggling because some part of them believes they are not yet ready to be visible. Not successful enough. Not polished enough. Not certain enough. And so they wait for a moment of readiness that never arrives.

The second challenge is positioning without clarity. People try to be for everyone, and in doing so, they connect with no one. The most powerful personal brands are built on specificity – a clear point of view, a clear audience, a clear reason why you and not someone else.

And the third is consistency. Not in the sense of posting every day. But in the sense of showing up as the same person across every platform, every conversation, every piece of content. People do not follow brands. They follow people they trust. And trust is built through recognition over time.

You believe that many people spend their lives adapting to expectations rather than creating their own path. What advice would you give to those who want to break free from limiting beliefs and pursue their own vision?

Start by asking whose voice you are actually hearing when you tell yourself it is not possible.

Most limiting beliefs are not yours. They are inherited. From parents who needed you to be safe. From a culture that rewards conformity. From an industry that benefits from you staying small. When you trace the belief back to its origin, it often loses its power.

The practical advice I give is this: take one action that your limited self would not take. Not a hundred. One. Because momentum is built in small moves, and identity changes through behaviour, not through thinking.

And stop waiting for permission. No one is coming to tell you that you are ready. The permission you are waiting for has to come from you. It always did.

You are currently preparing the next international chapter of your business and life. What are your goals for the future, and what motivates you to keep pushing beyond your comfort zone after so many years of entrepreneurship?

What motivates me is the same thing that motivated me at eighteen. I want to build something that did not exist before I arrived.

The next chapter is international in the deepest sense … I am expanding CONTURE beyond the markets I know well, building an educational platform that can serve entrepreneurs and artists across borders, and stepping into spaces I have not occupied before. The UK is part of that vision one day for sure!!!

After fifteen years, the comfort zone I am pushing against is no longer about fear of failure. It is about the temptation to stay where I am already respected, already known, already comfortable. That kind of comfort is the most dangerous because it does not feel like limitation. It feels like success.

What keeps me moving is a simple question I ask myself regularly: if I stayed exactly where I am, would I regret it in ten years? The answer is always yes. And that is enough!!!!

Looking back on your journey so far, what message would you like to share with aspiring entrepreneurs who are just beginning to build a life and business on their own terms?

The path you are imagining probably will not look like the path you actually walk my loves! And that is not a failure of planning. That is the nature of building something real.

Be honest about what you actually want andf not what looks impressive, not what others expect, not what seems realistic. What do you actually want? Start there, and let that be your compass even when everything around you changes!!

Find your tolerance for discomfort and stretch it to the fullest!The entrepreneurs who last are not the ones who never struggle. They are the ones who have learned to keep moving while struggling.

remember this: The world does not need another perfect founder. It needs real ones.

I eish u a wonderful start into this week. I am absolutely excited about that.

Picturecredits Ilaria Perrella

Thank you Ilaria Perrella for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

What Makes Chance AI Different From Other AI Applications?

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Chance AI: Visual Agent and Visual AI for Everyday Life Xi Zeng founder CEO Chance AI

Chance AI is building a Visual Agent that helps people understand the world around them through AI, combining Visual AI with meaningful context and real-world interaction.

Could you please introduce yourself and tell us the story behind Chance AI?

I’m Xi Zeng, founder and CEO of Chance AI. My background sits at the intersection of design, consumer technology, and cognition. Before starting Chance, I worked across OnePlus, OPPO, and ByteDance, building products that lived somewhere between hardware, software, and human behavior. Before industry, I did a PhD focused on how people understand the world through perception and meaning.

The story behind Chance AI started with a simple frustration: AI had become very good at talking, but not very good at helping people understand the real world around them. Most products assumed the interaction should begin with a question. But in life, that’s usually not how curiosity starts. You see something first, then you want to understand it.

That insight turned into what we now call a Visual Agent. Chance AI is built around the idea that the camera should not just capture images — it should become a gateway to context, meaning, and action. That is why our core loop is so simple: Snap → Know → Do → Share.

Dr. Xi Zeng, how did your experiences at OnePlus and ByteDance influence the creation of Chance AI?

OnePlus taught me something very important about product design: great technology should feel powerful, but never heavy. It should reduce friction, not add it. That philosophy stayed with me. It’s one reason Chance AI is camera-first and friction-light — no complicated setup, no prompt box at the centre, just point and understand.

ByteDance gave me a different lesson. It showed me both the strength and the limitation of text-first AI. I saw how powerful chat-based systems could be, but I also felt very clearly that they were still downstream from how people actually encounter the world. In reality, people do not start with a prompt. They start with attention. That gap became impossible for me to ignore.

So in a way, OnePlus taught me simplicity, and ByteDance showed me the limits of the current AI paradigm. Chance AI sits at the intersection of those two lessons.

What inspired you to build a visual AI agent that goes beyond traditional image recognition?

The short answer is that image recognition was never enough.

Recognition tells you what something is. But most of the time, that is not the real user need. What people actually want is context. Why does this object matter? Why does this design feel right? What is the story behind this? What should I do next?

That is why we never wanted to build just another visual search tool. We wanted to build something closer to an interpretation layer — an AI system that helps people move from seeing to understanding.

A big early signal for us came from a side project I built for an exhibition. We didn’t have the budget to run a full-time guide team, so I built a simple AI guide app. What surprised me was that after the exhibition ended, people kept using it anyway — on buildings, toys, flowers, everyday objects. That was when I realised we were not building a guide for one event. We were seeing a new human behavior: people wanted a way to use AI to understand the visual world around them.

Chance AI aims to turn sight into insight. What does this vision mean in practice, and how do you plan to achieve it?

“Turn sight into insight” means moving from raw visual input to something more meaningful.

In practice, that means Chance does not stop at labeling an object or returning links. We want the system to explain what you are looking at, why it matters, and what your next step could be. Sometimes that next step is learning more. Sometimes it is saving, comparing, translating, buying, or sharing. But the key is that the product should help users cross the gap between noticing and understanding.

The way we achieve that is by building around the full interaction, not just the model output. We think a lot about the complete loop — how fast the camera opens, how quickly the system understands the scene, how structured the answer feels, what action comes next, and how that moment can become memory or social value later.

That is why we do not define Chance as “AI camera” or “image search.” We define it as a Visual Agent.

How does Chance AI help users better understand the world around them compared to conventional visual search tools?

Most visual search tools solve a relatively narrow problem: identify the thing and send the user somewhere else.

Chance is built around a different question: once a person notices something, how do you help them make sense of it in context?

So instead of just returning a label or a shopping link, Chance tries to provide explanation, story, background, visual logic, and the next step. It is less “this is a chair” and more “this is why this chair feels distinctive, what design language it belongs to, and what you might want to do with that understanding.”

That difference may sound subtle, but it changes the entire product. We are not trying to build a better lookup tool. We are trying to build a system that helps users form judgment. That is why our language internally is less about recognition and more about interpretation.

Who is the primary target audience for Chance AI, and what needs are you addressing for these users?

Our earliest and strongest audience is younger, visually native users — especially Gen Z users who already use their camera as part of how they think, shop, travel, create, and express themselves. Externally, we often describe them as exploration-minded, female-leaning, and strongest in North America, Europe, and Japan.

What makes them especially relevant is that they do not treat visuals as “content” only. For them, visuals are part of decision-making. They use images to decide what to wear, what to buy, what to post, where to go, and how to understand the world around them. That means the product is not addressing just one need. It is addressing a cluster of related needs: understanding, judgment, taste, memory, and self-expression.

In a way, Chance is not just helping them know more. It is helping them orient themselves better.

What makes Chance AI unique in the rapidly growing field of AI-powered visual applications?

I think there are three things.

First, our product starts from a different assumption: that vision is not an add-on to AI, but the primary entry point for many real-world interactions.

Second, we focus on the interpretation layer. We are not trying to stop at identification. We are trying to move from what something is, to why it matters, and what should happen next.

Third, we are building not only a tool, but a system that can grow into memory, collections, and community. That is important, because the long-term value of a product like this is not just one answer — it is the relationship that forms over time around what a user notices, saves, revisits, and shares.

That is why we believe Chance is not just part of the visual AI trend. It points to a broader category shift.

Providing meaningful explanations in around two seconds across 17 languages is an impressive achievement. What were the biggest technical challenges in making this possible?

The biggest challenge was not just speed. It was doing speed and meaning at the same time.

It is relatively easy to build something that is fast but shallow, or thoughtful but slow. Our challenge was to make the interaction feel immediate enough for real life, while still delivering something richer than a simple label.

That meant solving several things at once: routing the right visual input, managing reasoning, structuring outputs, keeping latency low, and making the product work naturally across languages without losing coherence or quality. We’ve talked publicly about supporting 17 languages and introducing voice as well, but the harder part was making the experience feel simple despite the complexity underneath.

In a way, our product challenge has always been: how do you hide complexity rather than show it off?

Chance AI reached the number one position on Product Hunt. What impact did this milestone have on the company’s growth and visibility?

Product Hunt mattered a lot for us, especially early on.

It did two things. First, it gave us visibility among a very high-signal audience — early adopters, builders, investors, and people who are actively looking for new product categories. Second, it gave us external validation that the idea resonated beyond our own intuition. We were not just building something we personally found compelling; there was real outside interest.

But what mattered even more than ranking first was what happened afterward. Product Hunt helped make the category legible. It made it easier for people to see that Chance was not just another AI app, but a different kind of interaction model. And that visibility has helped with talent, investors, users, and media.

What have been the most valuable lessons you and your team have learned since launching Chance AI?

One big lesson is that category clarity matters as much as technology. If people misunderstand what you are building too early, they stop looking closely.

Another lesson is that real user behavior is far more valuable than compliments. Interesting is not enough. What matters is whether people come back, whether they use the product in real life, and whether it starts to become part of how they move through their day.

And finally, we learned that subtraction is often the most important product move. Some of our best decisions came from removing friction — especially anything that made the experience feel too much like a chatbot. The simpler and more natural the interaction became, the more the product started to make sense.

What are the next major goals for Chance AI, and what new features or developments can users look forward to?

Our next major goal is to make the behavior stronger and more repeatable — to make Chance the default thing people open when they want to understand something they are seeing.

In terms of product, that means going deeper in three directions: better action, better memory, and better personalization. We want the system to become more useful in real-world moments, more aware of what the user has already seen and saved, and more capable of giving context that feels increasingly personal over time.

Longer term, I don’t think this ends as just an app. The app is the right place to start, but the larger vision is to build a new interface layer for AI in the real world — one that could eventually live much closer to future hardware and ambient computing.

Looking back on your entrepreneurial journey, what three pieces of advice would you give to founders building innovative AI startups today?

First, start with a real behavior, not a cool capability. Many AI products are built around what the model can do, not what people actually keep trying to do. That is usually a mistake.

Second, narrow earlier than you want to. Most early startups die from trying to be too many things. Go deep on the few behaviors that are clearly real before expanding outward.

Third, do not confuse momentum with signal. Downloads, headlines, and hype can all be useful, but repeated behavior is still the strongest truth. If people come back without being reminded, you are learning something real.

Picturecredits Chance AI team

Thank you Dr Xi Zeng for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

How to protect high-tech electric charging stations?

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EV Charging: CCTV and Speed Bumps Protection Picture Credits pexels mohamed b

Well over 80,000 public EV charging devices have now been installed all across the UK, and it’s trending upwards. These are particularly high-value yet largely unguarded assets. Many of them are in commercial car parks where vehicle movement is constant, and damage comes from careless parking. Speed bumps and parking blocks are where physical protection has to begin, particularly in parking lots that suffer from frequent accidental collisions. But, this article looks at the full range of solutions.

Bollards and impact-resistant barriers

Speed bumps slow vehicles down, but chargers themselves also need dedicated physical protection around each unit.

Steel-capped bollards tend to be the default choice, but flexible rebounding variants are worth considering for high-traffic bays. They absorb low-speed contact without snapping, and won’t cause secondary bodywork damage. These are complementary to the speed bumps.

For larger installations, Armco barriers have more perimeter-level protection at a greater scale – it guards the entire charging bays rather than individual units.

Placement matters a lot, so consider that flanking both sides of a charge point creates a proper protective envelope. 

Anti-theft cable and hardware security

Physical barriers mitigate accidental damage, but it won’t stop targeted theft. EV charger vandalism more than doubled in 2024. The motive is usually just the copper cables as they can be sold on.

Cable holsters, locking wall brackets, and retractable cable reel posts are all practical hardware defence options. Masterlock’s EV cable lock range is very well established, with Meridian EV cable management posts being a stronger fit for multi-unit commercial installs. Tamper-resistant fixings are needed, and the same goes for warehouses and fleet depots, where chargers are even more powerful yet even more isolated.

Smart surveillance and access control

If it’s going to bring a positive return on investment, CCTV needs to be a deterrent, not just for reviewing footage after something goes wrong. Research found that car park crime fell by 37% overall in areas with CCTV. In other words, don’t just put the cameras up – shout about it too with plenty of signs confirming CCTV is in operation.

ANPR cameras are particularly suited to charging sites. Systems from Axis Communications and Hikvision log every vehicle entering the zone and provide a retrievable record for theft investigations and disputes. They’re very quick at retrieving such time-stamped info.

Motion-activated lighting running alongside the cameras can be a further deterrent. Philips Hue Outdoor and Lutec LED security ranges are very cost-effective that will improve camera quality after dark. After all, most cable theft occurs at night.

RFID and app-based access control is a fantastic solution as it doubles up with other benefits, like traffic flow and general site security. They could be integrated into OZEV-compliant smart chargers for a final layer by restricting who can initiate a charging session at all.

EV charging stations cost a lot of money to install because they contain valuable assets. No single solution is enough, but sites that see repeat incidents will find it worthy of further investment. Much of the damage is often accidental, and therefore speed bumps and barriers can be highly effective passive measures. But, these should be doubled up with deterrents like CCTV and better lighting. Audit your site now, before an incident does it for you.

Picturecredits pexels.com

Author: Lena Becker

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

Women provide labor for your country and pay the price out of their own pockets

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Care Economy: Germany, Women and Economic Value Emma Holten, author, member of the Expert Forum of the European Institute for Gender Equality (EIGE), and member of the Human Rights Watch Women's Rights Advisory Committee. © Claudia Vega

Emma Holten’s book is titled Underskud in Danish, which means „deficit“ in an economic context and „exhausted“ in a broader sense. The German title, Unter Wert, means both „undervalued“ and „underappreciated.“ These simple words perfectly sum up the author’s argument that care work deserves more recognition and compensation. As a feminist economist and policy advisor, Holten believes that undervaluing care threatens the economy by creating a deficit. Incidentally, Deficit is the title of the English translation.

„Without healthy, smart, well-educated people; good childcare; and efficient, modern hospitals, you can’t have the first-class labor force needed for a modern economy.“

herCAREER: Your entire book revolves around the concept of value. How do economists put a value on people, as say, opposed to feminists?

Emma Holten: For me, the core of feminism is the equal value of people. Everyone deserves a dignified life. However, throughout history, some people have been devalued in unreasonable ways. Economics is the study of value, and people tend to trust the market system’s valuation. Typically, if a product has a high price, most economists will believe it has high value. Low-price products are perceived as not particularly valuable. However, as I demonstrate in my book, economics and the market are deeply tied to culture. Price and value are not set in stone.

herCAREER: Therefore, shouldn’t we be able to assign a higher value to care work, whether it’s unpaid care at home or in care professions?

Emma Holten: There are two major challenges in the care sector. First: all bodies are different. The amount of care a person needs throughout their life varies greatly. For example, some people give birth in two hours, and then they’re good to go. Other women will be in labour for 24 hours, encounter complications and mother and child might require medical help for days and weeks. It’s nearly impossible to fit human beings into a system that is reliant on averages.
The other thing is: care is a long-term issue. When a midwife helps bring a baby into the world, we don’t know who and what that baby will grow up to be. They could become a big business owner generating jobs and revenue for the market – or a criminal who will cost the state a lot of money. Unlike cars, trains or dresses, human lives create a lot of uncertainty for economists.

herCAREER: So just because the economy is looking for a guaranteed return on investment (ROI), they won’t invest in some issues at all? That seems shortsighted. For example: Germany is cutting fees for psychotherapists, an already heavily regulated profession. Yet demand for therapy is through the roof, and one could easily argue that the mental health of workers has a huge ROI. How do you explain that?

Emma Holten: Germany is very interesting from the perspective of the care economy. Your government is very vocal about revamping the German economy with 500 billion Euros spent to build factories, weapons and green energy. At the same time, Germany has these huge mental health issues, especially among young people. Also, they have an inefficient healthcare system that is not digitalized and a very old education system. Many women still don’t work at all and in some rural areas they couldn’t even work, because the care infrastructure is so bad. All this separates people into social classes very early in life. In my opinion, 500 billion euros would be better spent overhauling the care economy and investing in people.

herCAREER: What mistakes is Germany making?

Emma Holten: In my opinion, Germany is putting the cart before the horse. They focus on industrial growth, new technology and defense spending. They say they mean to improve care work once the economy reaps returns. However, quality care is what makes a functioning economy possible. Without healthy, smart, well-educated people; good childcare; and efficient, modern hospitals, you can’t have the first-class labor force needed for a modern economy. In its hubris, Germany regards industry as the true economy and care as a secondary one. I predict that they will have all the new factories and still be looking for skilled labor.

herCAREER: So politics is failing women, but what about the organizations, the employers?

Emma Holten: German industrialists and entrepreneurs see themselves as value creators because they provide jobs. However, they do not see caring for the workforce as their responsibility. In Denmark, women’s income falls by up to 20% when they have their first child and women are rightfully angry about that. In Germany, it’s between 40 and 60% over 10 years – with a big difference in Eastern and Western German women, by the way. Companies exploit the value created by others, especially women, and take it for granted. It must have been disappointing for women to see that care was not considered in these recent investments.

herCAREER: We struggle to put a value on professional care work because it’s difficult to measure and predict, and almost impossible to scale up. We don’t attribute any societal value to unpaid care work because it’s „free“. If it weren’t free, however, Prognos Institute has calculated private care work to be worth 1.2 trillion euros a year — a third of Germany’s GDP.

Emma Holten: Yes, it varies between 30 and 40 percent, depending on how the work is priced.

herCAREER: So why don’t these numbers have an impact?

Emma Holten: There is a power struggle over resources. Germany has one of the highest gender pay gaps in Europe, and many women are not employed at all. The German economy essentially enjoys free care work, even though it is difficult, demanding, and draining. Women provide labor for your country and pay the price out of their own pockets.

herCAREER: During the pandemic, we realized how precious care is as a resource and called care workers „system relevant“. Government literally admitted that care workers carry the system, yet, neither state nor the economy ever took the opportunity to show appreciation and increasing their salaries.

Emma Holten: And now the people who created the system are confused: Why doesn’t anyone want to be a nurse anymore? Why doesn’t anyone want to have children anymore? It is because they created a system that is hostile to caregiving. I also think they are angry that women no longer accept second-class lives. The rise in conservative opinion and sexism against women is no coincidence. It’s the classic patriarchal playbook.

herCAREER: Do you think the concepts of the manosphere, conservatism, and authoritarianism are all rooted in a care crisis?

Emma Holten: It has certainly caused polarization. I believe, many men are angry about their circumstances because they feel unloved and uncared for. They feel they cannot contribute something meaningful to the world. Honestly, I believe many of those men would be happier as nurses than in any other profession. If they want to leave a legacy, that’s a great way to do it.

herCAREER: But …?

Emma Holten: But the way we’re building our societies, not even women want to do women’s work anymore. That’s why poorer women from low-income countries are being flown in to do it now. We’re creating a new group of second-class citizens who have even less power than the women who have grown up here.

herCAREER: In your book, you argue that care work makes women poor and men rich. It seems that unpaid and underpaid care work is making poor people poorer and rich people richer?

Emma Holten: Women and families are expected to bridge the care gap privately. Adding elderly care to an already depleted system puts women at risk of becoming entirely dependent on men. With this in mind, women in Germany are in a more precarious position than women in many other European countries. In regards to that, I think there is a great schism in Germany’s self-image as a leader of Europe. Consider Denmark: They have a high labor force participation rate for women, all thanks to the introduction of free childcare.

herCAREER: Have you observed any best practices or national and regional policies that have had a significant impact in other countries?

Emma Holten: One idea that many feminist economists discuss is shortening the workweek for everyone, including men. The idea is: Rather than making women’s and mothers‘ lives more like men’s, we should do the opposite. We should try to get men to work closer to the number of hours that women work to improve quality of life overall. This concept is more common in left-wing industries and urban areas, but working-class men from poorer areas especially lack this opportunity. It’s time to start talking about men’s right to care.

herCAREER: This is the opposite of what our chancellor, Friedrich Merz, proposes. He believes that we should work longer hours and years before retiring.

Emma Holten: Denmark is a good example. We work fewer hours there than in Germany, yet we are more productive because we are more efficient. The idea that eight hours and five days are magical numbers is absurd. Ultimately, this discussion comes down to how you define value. If you say work always creates value, I disagree! In my opinion, work can destroy value, too. Work takes time away from family and the local community. It can destroy health and the body. Friedrich Merz does not see the other side of the equation. Work also destroys natural resources, bodies, health, and families. How much could we save in mental health and stress-related costs? Imagine if people doing hard physical labor worked five hours instead of eight. Would their bodies give out at 55? What would that mean for their longevity? In my book, I explore the connection between the body and mind and economics.

herCAREER: Do you have any other suggestions?

Emma Holten: I believe the German government should put more power into the hands of the care workers themselves. Currently, care workers are centrally controlled, which means they have little authority over their time. They must account for every minute of the day. No one in the private sector would accept this level of control. Granting more autonomy to the profession would demonstrate respect. While this would require considerable investment, it would pay off by creating value and wealth in a country where too many people seek care and treatment but don’t receive it.

The interview was conducted by herCAREER editor Kristina Appel.

Emma Holten will speak on October 22 at the Authors-MeetUp during the herCAREER Expo about the value of care work in modern society. The discussion will be held in English.

Picture Emma Holten, author, member of the Expert Forum of the European Institute for Gender Equality (EIGE), and member of the Human Rights Watch Women’s Rights Advisory Committee. © Claudia Vega

Source messe.rocks GmbH

What is driving global interest in PatentDrawAI?

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PatentDrawAI, invention and patent: Driving innovation worldwide Cory Sunday

PatentDrawAI helps inventors streamline the invention process and navigate patent development through an AI powered platform designed to support innovation from idea to commercialization

What inspired the creation of PatentDrawAI, and how has the platform evolved since its founding?

As an inventor, I realized how difficult it was to claim ownership of an idea without sufficient resources. PatentDrawAI was created to address the complexity, cost, time, and knowledge barriers associated with traditional patenting and product development. The platform began as an AI-enabled system focused on patent search, drafting, and technical illustration, but it has evolved into what we describe as an invention operating system supporting the entire invention lifecycle from idea validation through product commercialization. This evolution reflects a growing demand for an end-to-end invention solution rather than isolated patent services.

Cory, how have your experiences in cybersecurity, artificial intelligence, and enterprise software engineering influenced the development of PatentDrawAI?

My background spans cybersecurity, AI, software engineering, and emerging technologies. As a technologist and engineer, I developed the skill set to understand how AI can solve the bottlenecks and complexities within the existing patent system. This led to the creation of a scalable, unified platform that serves as a system of record, enabling real-time claim verification and ownership tracking within an integrated solution.

PatentDrawAI aims to democratize the invention process. What barriers in the traditional intellectual property landscape are you trying to remove?

Traditional patenting can be expensive, time-consuming, and difficult to navigate without specialized legal and technical expertise. PatentDrawAI seeks to lower these barriers by automating patent searches, drafting, illustrations, and related workflows. The goal is to make innovation accessible to individual inventors, startups, researchers, and organizations that may not have large IP budgets or dedicated legal teams.

How does PatentDrawAI help inventors move from an initial idea to commercialization more efficiently than traditional approaches?

Rather than requiring inventors to coordinate with separate vendors for patent research, drafting, engineering support, visualization, and licensing, PatentDrawAI consolidates these functions into a single AI super application. This reduces friction, accelerates decision-making, and enables innovators to move from concept validation to market readiness with fewer handoffs and lower costs.

Who are your primary target users, and what specific challenges do inventors, startups, and enterprises bring to the platform?

Our platform serves several key user groups. Individual inventors seek affordable access to patent and product development resources. Startups need to validate ideas and attract investment. University students and tech transfer offices look for lower-cost alternatives to in-house legal solutions. Patent professionals want a unified platform instead of relying on multiple segmented tools. Enterprises aim to manage large IP portfolios, accelerate commercialization, and reduce costs. Each group faces distinct challenges, ranging from budget constraints and lack of expertise to portfolio management, competitive monitoring, and innovation scalability.

What makes PatentDrawAI unique in a market that already offers patent services, innovation tools, and AI-powered solutions?

Many existing solutions focus on a single problem, such as patent search, drafting, or legal workflow management. PatentDrawAI differentiates itself by connecting invention creation, intellectual property development, engineering support, technical visualization, and commercialization into one ecosystem. Our vision encompasses the full invention lifecycle rather than just patent services.

Real-time claim validation and ownership verification are key features of your platform. Why are these capabilities so important for modern innovators?

Innovation moves quickly, and inventors increasingly need confidence that their ideas are novel, defensible, and properly documented. Real-time validation helps identify potential conflicts early, while ownership verification establishes provenance and credibility. These capabilities are especially valuable in a global, distributed environment where AI-assisted creation is becoming more common. For users who cannot afford to formally file through a patent office, our platform provides a system of record and offers a neutral third-party certificate of invention with a timestamp to verify ownership similar in concept to organizations like WIPO.

PatentDrawAI has gained traction in more than 90 countries. What does this global interest tell you about the current state of innovation and intellectual property?

Global adoption indicates that innovation is no longer concentrated in a few traditional technology hubs. Entrepreneurs, researchers, and inventors worldwide are seeking affordable tools to protect and commercialize their ideas. It also highlights the growing demand for AI-powered solutions that simplify access to intellectual property systems.

What have been the biggest challenges in building a platform that combines IP creation, product development, and commercialization in one ecosystem?

One of the main challenges is integrating disciplines that have traditionally operated independently. Patent law, engineering, market validation, product development, and licensing each involve distinct workflows and stakeholders. Building a platform that connects them while maintaining accuracy, usability, and reliability requires significant technical and organizational coordination.

As artificial intelligence continues to evolve, how do you see its role shaping the future of invention and intellectual property management?

AI is moving beyond frontier models into domain or industry-specific applications. It can accelerate prior art searches, drafting, market analysis, technical modeling, and commercialization planning. However, human expertise will remain essential for strategic decision-making, judgment, and assessing the broader impact of inventions. AI will augment innovators rather than replace them.

What are the next major milestones for PatentDrawAI, and what new developments can users expect in the coming years?

Based on our current trajectory, key priorities include expanding AI-assisted invention workflows, strengthening commercialization and licensing tools, enhancing enterprise portfolio management, and advancing engineering and visualization capabilities. These developments will further position PatentDrawAI as a comprehensive innovation platform rather than solely a patent tool.

Looking back on your entrepreneurial journey, what three pieces of advice would you give to founders who want to turn innovative ideas into successful businesses?

First, solve a problem you have personally experienced; focus on a genuine pain point rather than a technology in search of a use case.

Second, build quickly and learn continuously. While planning is important, getting a product into the market and gathering real customer feedback is far more valuable. That feedback will provide insights you could not have anticipated and help refine your product to meet real market needs.

Finally, don’t give up. You will encounter obstacles and criticism, but resilience and unwavering confidence are essential to push through the challenges of entrepreneurship.

Picture: Cory Sunday PatentDrawAI

Thank you Cory Sunday for the Interview

Statements of the author and the interviewee do not necessarily represent the editors and the publisher opinion again.

NeuralTrust raises $20M to secure the growing swarm of AI agents in the enterprise

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AI Agents: AI Security for Enterprise AI

NeuralTrust, the platform to secure AI agents, today announced a $20 million seed round, the largest cybersecurity seed financing raised by an EU company to date. The round will fund engineering, deepening the integration across NeuralTrust’s products, and expansion across the European market, as enterprises move autonomous AI systems into production.

The round was led by Alstin Capital, with participation from VentureFriends, Seaya, Kibo Ventures, Banc Sabadell, EA Ventures Plug and Play Fund, and Finaves, the venture capital fund of IESE Business School. NeuralTrust is also backed by public funding from the European Innovation Council and Spain’s State Research Agency (AEI).

Agentic adoption is outpacing governance

The investment arrives as AI agents move from experimentation to core enterprise infrastructure, with governance failing to keep pace. Gartner predicts that by 2027, 40% of enterprises will demote or decommission autonomous AI agents due to governance gaps identified only after production incidents occur. The risk scales fast: Fortune 500 companies are projected to operate more than 150,000 agents each by 2028, yet only 13% of firms feel prepared to manage them.

Inside a large company, AI agents end up everywhere. One team builds a customer-service agent on one AI provider, another automates back-office work on a different one, and vendor software ships with agents of its own. They connect to internal systems, databases, and outside tools, and they act on their own. Most security teams can’t say how many agents are running, what each one is allowed to do, or when one has been tricked into leaking data or taking an action it shouldn’t. NeuralTrust gives them one place to see every agent, control what it can do, and stop it when something goes wrong.

NeuralTrust inspects millions of agent interactions every day. Around 1.2% are malicious and need intervention: attempts to extract data, hijack a tool, or push an agent past its rules, caught and stopped in real time.

Three products make this work. TrustGate, an agent gateway that brokers every LLM, MCP, and tool call, becomes the single enforcement point through which all agent traffic flows. TrustGuard, a runtime security engine, detects and stops threats across every platform and endpoint where agents operate, regardless of how they were built or deployed. And TrustLens, a posture management layer, identifies every agent in the enterprise and tracks how it behaves inside and outside the security perimeter. Because the three are deeply integrated, blind spots disappear.

The result is a single platform where control, defense, and posture compound with every interaction.

Trusted by leading enterprises

NeuralTrust’s customers include AirEuropa, Abanca, Iberia, and Banc Sabadell, alongside other global banks, airlines, energy companies, and government agencies. 92% report annual revenues above $1B, with 80% based in Europe and 20% international. The company operates from offices in Barcelona and London, and adoption is accelerating: in the first quarter of 2026, NeuralTrust doubled its full-year 2025 ARR.

NeuralTrust is independently recognized as a category leader across the emerging AI security landscape. Gartner has named the company a Representative Vendor in two Market Guides, KuppingerCole a Leader in its 2025 Leadership Compass for Generative AI Defense, and MarketsandMarkets a Leader in its 2026 Agentic AI Security Quadrant.

NeuralTrust has partnered with KPMG as a key strategic partner to bring its technology to large enterprise clients, alongside a wider network of industry collaborators (including Capgemini, Sopra Steria, Bentengo and M3Cop).

Building the layer enterprise AI will run on

NeuralTrust is built by a team that understood the problem before the market did. CEO Joan Vendrell led AI deployment and security as Chief Data Officer at Mango, after roles at Amazon and McKinsey; CTO Victor Garcia led security architecture in regulated telecom and banking; and COO Alejandro Domingo led AI transformation as an Associate Partner at McKinsey, after scaling a startup to exit.

NeuralTrust research continues to define the field, demonstrating new classes of attack, multi-turn jailbreaks like the ‘Echo Chamber’ and multimodal attacks like the ‘Semantic Chaining’, now part of the OWASP AI Security Project taxonomy.

The round will go toward deepening the integration across the platform, growing the engineering team, and broadening the range of AI models, tools, and platforms NeuralTrust secures as the agent ecosystem expands. From its offices in Barcelona and London, the company’s goal is to become the market leader in Europe by the end of 2026 and to grow its international presence from there. The bet behind it: within a few years, every large enterprise will run thousands of AI agents, and securing them will become its own category, the way endpoint and cloud security did before it. NeuralTrust is building to be the layer those enterprises run on.

“AI agents are now part of enterprise operations, but the controls protecting them are still catching up,” said Joan Vendrell, Co-Founder and CEO of NeuralTrust. “This round allows us to keep building the infrastructure layer that makes AI adoption measurable, governable, and safe. Our mission has not changed since day one: turn AI security into a strategic advantage for the enterprises that will define the next decade.”

“AI agents are entering enterprise infrastructure faster than security teams can adapt, so the window to establish control is now. What convinced us to lead this round was not just an exceptional product, but also the team’s clarity on where the real problem sits. They’ve built a genuine control layer, not another point solution, and enterprises can operationalize it today. We believe securing AI agents in enterprise infrastructure is becoming one of the defining problems in cybersecurity and NeuralTrust is best placed to own it,” says Alexander Meyer-Scharenberg, Partner at Alstin Capital.

Picture Funding accelerates NeuralTrust’s portfolio of products for securing, monitoring, and controlling AI agents across the enterprise.

Picture/Source: NeuralTrust

AVILOO turns battery anxiety into battery confidence with industry-first warranty for used EVs

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Battery Warranty: Battery Diagnostics and Battery Health

AVILOO’s battery diagnostics database is the largest of its kind in the world, underpinning the actuarial model behind the warranty

London, 16th June 2026 – AVILOO, the global leader in independent EV battery diagnostics, today announces the launch of the AVILOO Battery Warranty in the UK – the first product of its kind to provide used EV buyers with genuine, financially backed protection based entirely on independent battery health data.

The warranty comes into effect in July in the UK, launching simultaneously in Germany, the Netherlands, Finland, Austria, Belgium, Ireland and Switzerland, following successful rollouts in France and Sweden in June.

The used EV market in the UK is growing rapidly, but buyer confidence has not kept pace. For most consumers, the battery – the single most expensive component in any electric vehicle – remains an unknown quantity at the point of purchase. Manufacturer-reported health figures are neither independently verified nor standardised. The AVILOO Battery Warranty changes that.

How it works: for dealers

The Battery Warranty is issued as a standalone document, separate from AVILOO’s existing independent battery certificate. It is managed through AVILOO Connect, a new digital dashboard for professional EV remarketing, giving dealers, fleet operators, and remarketing platforms a single interface to manage battery test lifecycles from incoming inspection through to warranty issuance.

For each vehicle, an individual State of Health (SoH) floor is calculated using AVILOO’s proprietary diagnostics database – the largest battery health dataset in the world. The calculation sets the minimum SoH the battery must maintain at 20,000 kilometres over the one-year warranty period. Dealers can offer this warranty to buyers as a credible, independently underwritten selling point, without carrying the risk themselves.

How it works: for buyers

Buyers receive a one-year warranty period during which they can carry out an AVILOO FLASH Test – a three-minute, manufacturer-neutral diagnostic that assesses real battery capacity, thermal management, and charging capability against original factory specifications, covering 96% of EV models currently on the road.

If the battery’s SoH falls below the calculated threshold during the warranty period, the buyer receives £2,700 in compensation plus a full refund of the FLASH Test costs. This is a concrete, unconditional financial backstop, not a vague assurance.

Marcus Berger, CEO of AVILOO, said:

“The AVILOO Battery Warranty raises the used electric vehicle market to a new level. For the first time in the UK, we are providing the foundation for a warranty based solely on objective, independent measurement data. This builds trust and gives British dealers and buyers a level of certainty that simply has not existed before. The UK has one of Europe’s most dynamic used EV markets, and we see enormous appetite from both dealers and consumers to get this right. With the Battery Warranty, we are setting a new industry standard – one that provides orientation for all market participants, strengthens the case for electric mobility, and ensures that used EVs are seen not as a risk, but as a sustainable, trustworthy choice.”

Already trusted by Europe’s biggest automotive names

AVILOO’s credentials in independent battery diagnostics are already well established. Mercedes-Benz, Volvo, and Porsche Holding have each selected AVILOO as their preferred third-party battery testing provider for dealerships across Europe, with the FLASH Test deployed on both own-brand and trade-in vehicles.

Leasing majors Ayvens and Arval use AVILOO as part of their end-of-lease remarketing process. Auction groups BCA and Cox Automotive have integrated the FLASH Test into their European operations. Major dealer groups Hedin and Emil Frey are also live. All relationships are underpinned by European-level agreements.

Picture/Source: AVILOO GmbH

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