Siemens Technology Accelerator

Siemens Technology Accelerator



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Investing in start-ups

Siemens Technology Accelerator (STA) offers attractive investment opportunities in the start-up companies we found for venture capital funds, and institutional and private investors.


Investing in STA start-ups

Adding genuine value for venture capital funds, and institutional and private investors

Siemens Technology Accelerator (STA) offers attractive investment opportunities in the start-up companies we found for venture capital funds and institutional and private investors, adding value through our industry, and technology know-how and access to Siemens’ global resources.

Access to high-value technologies

STA commercializes innovative Siemens technologies that have been developed by the company’s global research and development network. Investors in these technologies gain access to market opportunities outside of Siemens core business that STA has evaluated to ensure they hold the potential for high business value, while thoroughly analyzing both technology and market risks. And every STA technology is well protected by patents.

Single point of contact

STA simplifies the commercialization process as much as possible for investors by serving as their single point of contact within Siemens. STA addresses all technological, legal and financial areas of the start-up formation process, reducing the complexities that come with working with a large, multinational company. STA also ensures the smooth transfer of the technology and operational know-how to the start-up.

Co-investing with STA

STA provides the start-up companies it founds with both know-how and early stage financing to help accelerate its initial development. STA continues to drive both the value and viability of the start-ups by becoming a shareholder, and continuing to co-invest in future fundraising rounds. Since the newly created businesses are outside of Siemens core business, STA looks to co-finance its start-ups with external funding sources, including venture capital funds, private investors and corporate and strategic investors.

STA’s track record of success in founding venture capital financed start-ups ensures that these investments are in companies that have been established on a sound foundation and are ready for investment. STA has extensive experience recruiting complete, expert management teams with entrepreneurial experience for start-ups. In some cases, experienced Siemens staff members that have been involved in the development of the technology at Siemens leave the company and join the start-up.

Access to Siemens’ Network

Most start-ups face a significant challenge in finding and acquiring new customers. STA-founded start-ups have access to the Siemens’ global network, and its large existing customer base. STA identifies potential lead customers, and works closely with them throughout the commercialization process. Often, STA start-ups land development or manufacturing partnerships with Siemens, further increasing their investment value.

The commercialization process

Technology: Bio Sensors

Siemens Corporate Technology has developed a patented piezo-electric bio-sensor based on a unique sputtering thin film technology. The sensor allows implementation of hand-held devices for parallel screening of biological samples for different target molecules. The sensor can be easily customized to support a variety of point-of need applications like drugs-of-abuse, point-of-care or food-safety testing.

External commercialization drivers: Why external?

Siemens AG had previously spun off its component businesses, divesting its semiconductor business to Infineon and its passive electrical components businesses to EPCOS, among others. As a result, there wasn’t a strategic fit for the technology within Siemens businesses any longer.

An analysis of markets and potential applications showed that the sensor can serve as a highly scalable bio-sensing platform. It was therefore decided to create a startup called “BioMensio” to maximize the value of the technology. BioMensio targets to develop a portable device based on the existing sensor component and to prove that high-volume bio-screening applications can be implemented on such device.

Start-ups founding and financing with venture capital:

BioMensio took up operations in June 2016 in Tampere, Finland. There were mainly three reasons to place the start-up in Finland:

  • The readout electronics for the bio-sensor had been developed by VTT Research Center of Finland and VTT’s venture arm, VTT Ventures, agreed to co-finance the startup.
  • A group of Finnish angle investors also agreed to co-finance the startup. The lead investor from this group already had experience in bio-sensing startups.
  • TEKES (now Business Finland), the Finnish funding agency for technology startups, agreed to provide substantial financial support for the startup.

In total, the group of investors and TEKES raised 2.5 Mio. EUR for the seed round of BioMensio.

Current business status:

  • BioMensio has implemented a mobile bio-screening device based on an improved piezo-electric bio-sensor.
  • BioMensio is in the process of developing two commercial bio-screening applications (so-called “BioApps”) for its hand-held device. One of the applications has already been tested by an industry partner.
  • BioMensio has established contacts to several industrial partners to develop BioApps which had not even been known at the start of the company.
  • BioMensio is continuously developing its business model, e.g. by offering data aggregation and mining capabilities based on wirelessly transmitted bio-screening results from its on-site testing devices.
  • While already sufficient to support a multitude of BioApps, BioMensio is further improving the performance of its platform sensor technology, e.g. by incorporating deep learning algorithms for sensor data interpretation.


Read what our
co-investors, start-up founders
and licensing partners say about their experiences working with STA.