KONUX develops and produces custom-made sensor solutions based on its patented optoelectronic measuring technology. To date, the company has applied its measuring principle in nine different types of sensors to measure all kinds of mechanical and geometric parameters such as torque, pressure, force and angle.
What began as an interdisciplinary team of founders – just Husam Ghanem, Andreas Kunze, Vlad Lata and Dennis Humhal – has now grown to a company of nearly 30 people.
To say it is “cozy” in the company’s cramped premises on Munich’s Nymphenburgerstrasse would be putting it mildly. Staffing figures grew from four to 30 in a year, so it is understandable that space is gradually getting tight. The KONUX team has thus been working hard to find new offices – and has finally found what it was looking for: On September 1, the company will move into a new building that, together with the production space, has ten times as much room as the current office. Between now and then, everyone is keen to make things as comfortable as possible – even if that means wearing slippers!
KONUX has now found a big-name investor in the shape of Michael Baum, himself a successful Silicon Valley Startup entrepreneur on several counts and initiator of Founder.org. Andreas Kunze admits that investors in the USA are generally more willing to take risks and tend to be “a bit faster about everything”. Even so, he doesn’t see the United States as “the pot of gold at the end of everybody’s rainbow”.
As an experienced entrepreneur, Baum naturally put Andreas and his team to the test before committing to an investment: “You’re out mountain biking and, at the steepest point on the ascent, you suddenly have to explain and defend your business model. That takes some doing – especially when you are not all that sporty,” Andreas recalls with a laugh. Yet he successfully mastered this challenge to. It is obvious that he loves his work. For someone so young, he makes a very seasoned impression and is fully aware both of what he is saying and how he wants to get it across.
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