The Berlin-based high-tech startup R3 Communications just closed a seven-digit pre-series A financing round with Creathor Venture and the VC Fonds Technologie Berlin (managed by IBB Beteiligungsgesellschaft).
Founded in July 2015, R3 Communications develops ultra-reliable real-time communication systems that are predominantly used in industry 4.0 and IoT applications. R3’s proprietary technology called EchoRing™ circumvents the problems of common wireless communication systems (deficient transmission reliability, latency, and co-existence). It supersedes the expensive, inflexible and complex use of cables in a vast number of scenarios. First cooperation agreements with well-known industry corporations have already been reached.
Dr. Mathias Bohge, the founder and managing director at R3 Communications explains: “With factories becoming smart and flexible, tethered communication will quickly reach the boundaries of functionality. At the same time, existing wireless communication solutions are not ready to take over, as their reliability and latency performance does not suffice industry requirements. Therefore, the need for reliable wireless communication systems that cope with today’s real-time challenges will constantly rise.”
Today, Berlin electronics company Schleicher Electronic already bases its radio product development on EchoRing™ technology. Florian Bonanati, also managing director at R3 Communications adds: “Moreover, we have secured promising cooperation projects with worldwide market leaders in the industrial automation sector as well as in the automotive and aviation industry. With Creathor and IBB Beteiligungsgesellschaft on board we have now the possibility to speed things up while making our technology ready for the market.”
Dr. Gert Köhler, Managing Partner at Creathor Venture, comments: “We are convinced of R3 Communications‘ innovative solution and see great potential for diverse industrial application areas where transfer rate and absolute reliability is of paramount importance, especially in automation, but also in connected vehicles of all kind. We believe that Germany will lead the way when it comes to the development of intelligent industry applications. R3 Communications is well on the way to becoming a very important player in this segment.”
The R3 – Reliable Realtime Radio Communications GmbH (R3 Communications) was founded in 2015 as a spin-off from two leading European engineering universities. The company’s focus is on research, development, production and sales/distribution of ultra-reliable realtime
wireless communication systems and solutions. Current research and development activities include internet-of-things/industry4.0 Smart Factory applications, as well as automotive and aerospace scenarios.
In order to learn more about R3 and its founders, check out the video below. It shows a pitch of the R3 founders regarding their EchoRing. The pitch was recorded by Startup TV, an awesome online TV channel about German startups.