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Press release #Venture Capital

Open Bosch Award for startups Calimoto and Rossum

Award for fast emergency assistance and simplified order data entry

  • World’s best open innovation projects honored
  • Feasibility studies tripled, hundreds of startup partnerships worldwide
  • Volkmar Denner: “An open innovation culture is key to business success.”
  • Stefan Hartung: “Bosch pools ideas and expertise across company boundaries.”

Johannes Grabowski >

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Stuttgart, Germany – Bosch is increasingly collaborating with leading startups for innovations. Now the supplier of technology and services is honoring the companies Calimoto and Rossum with an Open Bosch Award in recognition of their extraordinary achievements on open innovation projects. “In a connected world, an open innovation culture is key to business success,” said the Bosch CEO, Dr. Volkmar Denner, speaking at the award ceremony. “Startups and established companies can often solve increasingly complex tasks better, faster, and more efficiently when they work together – and this also strengthens the economy.” He added that both businesses and consumers benefit from product or technology innovations being available more quickly.

This year’s award goes to two companies: Calimoto - for integrating the Bosch Help Connect emergency call system into a navigation app for motorcyclists, and Rossum - which impressed with an AI software solution that automatically processes e-mail orders into purchase orders. The award winners were chosen by a panel of judges who evaluated Bosch’s open innovation projects in the categories of mutual benefit, best practices, and business success. Bosch already has several hundred partnerships with startups; this year alone, the number of joint feasibility studies (a precursor to potential partnerships) tripled.

Open innovation culture: a turbocharger for better quality of life and safe mobility

“Bosch pools ideas and expertise across company boundaries to achieve the greatest possible customer benefits,” said Dr. Stefan Hartung, member of the board of management and chairman of the Mobility Solutions business sector, speaking at the award ceremony in Leonberg, outside Stuttgart. “Our open innovation projects help improve people’s quality of life, for example with safer mobility for tomorrow.” The alliance with Calimoto is an example of how Bosch, in partnership with a startup, can make riding a motorcycle safer in the shortest possible time and thus save lives.

In a technology-driven world with accelerating innovation cycles, Bosch is looking to partnerships that transcend company borders. Leading startups are playing an increasingly important part in this, because they often take on a pioneering role and have the corresponding resources such as the requisite expertise and specialists.
In these partnerships leading startups can benefit from Bosch, in regards to topics such as industrialization, market access and branding.

Recent research from Capgemini shows that the number of partnerships companies have with startups are expected to at least quadruple globally from 2020 until 2025. Leading this trend, Bosch has set up a venture client unit, Open Bosch, which coordinates startup collaborations across all business areas. For its commitment in this environment, Bosch recently received the Corporate Startup Stars Award 2020 from the International Chamber of Commerce (ICC). This honor goes to companies that are most active in working with startups and develop best practices in this form of open innovation.

Calimoto: rapid emergency assistance for motorcyclists

The German startup Calimoto received an award for integrating the Bosch emergency call solution Help Connect into its navigation app for motorcyclists. If sensors in the rider’s smartphone detect an accident, the Calimoto app sends important information such as the location and severity of the crash to the Help Connect emergency call center. From the call center, specially trained emergency agents attempt to contact the person involved. If the person does not react and the sensor data indicates a serious fall, the emergency services are notified immediately. This can speed up the rescue chain and as a result, save lives. Regarding the partnership on the open innovation project, Sebastian Dambeck, CEO of Calimoto, said: “We developed our app to make motorcycle riding the ultimate experience. Thanks to our partnership with Bosch, we can provide additional features and services for a safer and fun ride.”

Rossum: automated order data capture from e-mails

Bosch honored the startup Rossum for its collaboration on the automated processing of e-mail orders. This solution enables business customers without digital interfaces such as electronic data interchange (EDI) to connect to the electronic order processing systems of large companies at no extra cost. The result is less paper and fewer sources of error when manually transferring order data. Rossum’s concept is based on its own existing AI solution for invoice processing, which it further developed to handle high volumes of incoming orders. “Our partnership with Bosch has allowed us to demonstrate the flexibility of our solution when it comes to automating a wide variety of cross-company processes,” said Tomáš Gogár, Rossum CEO, about the open innovation project.

Open Bosch Award: top-class open innovation projects

The Open Bosch Award has been presented since 2019 for open innovation projects that stand out due to their excellent collaboration between startups and Bosch. The award is given by Robert Bosch Venture Capital GmbH (RBVC), a subsidiary of Robert Bosch GmbH. RBVC invests in startups and incorporates them into the Bosch Group network.

About RBVC GmbH

Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for Bosch, above all, automation and electrification, energy efficiency, enabling technologies, and healthcare systems. RBVC also invests in services and business models as well as new materials that are relevant to the above-mentioned areas of business.

Additional information is available at www.rbvc.com

The Bosch Group is a leading global supplier of technology and services. It employs roughly 395,000 associates worldwide (as of December 31, 2020). The company generated sales of 71.5 billion euros in 2020. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 129 locations across the globe, Bosch employs some 73,000 associates in research and development, of which nearly 34,000 are software engineers.

Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPress.

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