Mostafa Akbari with Armin Laschet, Cem Özdemir and Brigitte Zypries

High-level meeting: bitstars CEO Mostafa Akbari meets top political decision-makers from Germany

Over the last few weeks some of Germany’s most renowned politicians came to California to get together with the great minds send out from Germany. Mostafa Akbari, CEO of bitstars, who is currently situated in Silicon Valley (Palo Alto/San Francisco, California, USA) to establish a market with the US and Asia, met with them personally to discuss the technology of tomorrow. No matter whether it is the CDU, SPD or Bündnis 90/Die Grünen party, all came to talk about differences in the start-up culture in Germany and the US, the relevance of Industry 4.0 as well as the open-mindedness of the Silicon Valley and Japan towards start-ups.

bitstars CEO Mostafa Akbari met with Armin Laschet (CDU), currently serving as state MP in the Landtag of North Rhine-Westphalia as head of his party’s parliamentary group. They discoursed about the major differences of the support for founders in Germany and the US, what Germany can learn from the American founders’ mentality and how the founders’ climate could be improved altogether. Read more about this visit online (German press).

Mostafa Akbari meeting Armin Laschet (CDU).

Furthermore, Mostafa came together with Brigitte Zypries (SPD), current Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy coordinating Germany’s IT, aviation and space policies, to debate about the potential and future of Industry 4.0. Main topics were Googles new project Jaguar, introducing smart textile designs in cooperation with the textile industry, as well as the role of other Silicon Valley pioneers and their impact on mid-tier companies. In the context of Industry 4.0 the importance of German founders was further elaborated.

Mostafa and Brigitte Zypries (SPD) at the German Accelerator.

Last but not least, Mostafa met with Cem Özdemir, co-chairman of the political party Bündnis 90/Die Grünen. They discussed the actual technological, economic-political state in the US and Japan. The focus of the conversation was set on the positive attitude of the Silicon Valley as well as the open minded mentality of Japanese companies towards startups around the world.

bitstars CEO Mostafa Akbari meets with politician Cem Özdemir (Bündnis 90/Die Grünen).

Those meetings underline the commitment and involvement of German politicians to support German technology as well as ambitioned entrepreneurs abroad.

bitstars team summer 2014

bitstars receives High-Tech Gruenderfonds investment

BONN/AACHEN

bitstars GmbH has developed a SaaS platform technology that enables customers to set up their own augmented reality (AR) applications. By focussing on very intuitive usability the platform enables users to create applications meeting their specific requirements with little effort. These applications can be managed and used in multiple end user devices, such as smartphones, tablets and smart glasses.

Through the extension of reality with virtual text and objects (augmented reality) or the creation of entirely new virtual worlds (virtual reality), many processes can be simplified in business and everyday life. Moreover, the market penetration of smartphones and tablets as well as the upcoming smart glasses and wearables drastically increases the potential of such applications.

Through their platform, bitstars offers a user friendly tool to create 3D content for web, virtual and augmented reality applications. Generated 3D content can easily be included in websites or in augmented & virtual reality apps for i.e. for Google Glass, on the smartphone or in Google Cardboard. Up until now this was only possible through costly custom-made software.

Simon Heinen and Mostafa Akbari, CTO and CEO of bitstars on the benefits of the new platform: „Entry barriers to create 3D web, augmented or virtual reality content through software are currently very high. Systems are too complex and mostly only suited to create one of the usage types mentioned above. Users therefore have to use multiple tools if they want to create a variety of different contents. Through our software they now have the opportunity to access an easy to use full-service package to create 3D web, as well as augmented and virtual reality applications in one tool by themselves”.

The customer spectrum for bitstars software is very broad. Firms in e-commerce as well as production, logistics, navigation and all different kinds of service provider can benefit from this technology. Broad applicability combined with high customer interest underline the potential of this technology, which therefore provides large opportunities to generate growth.

Dr. Guillem Sague, Investment Manager at HTGF, believes in the growth strategy of the bitstars team: „We want to free customers from technological complexity of AR technology and scale the business quickly. The high usability of the platform thereby plays a vital role. The customer must be able to easily create and use AR applications with just a few steps.”

For further information about the organization see the High-Tech Gruenderfonds homepage.