MUNICH, March 5, 2019 /PRNewswire/ -- Twelve start-ups entered the race for prizes totaling over €30,000 ($34,000) at the TechMatch start-up competition run by semiconductor manufacturer Texas Instruments (TI) and partners including Digi-Key Electronics, a global electronic components distributor, on January 31, 2019 in Bielefeld, Germany.
During the event, companies gave short presentations detailing their industrial hardware projects and then answered questions from an expert jury of industry experts as well as the audience. The projects are judged and evaluated on business case, technical innovation, manufacturing process, and digital marketing.
"Our event series TechMatch is part of TI EMEA's market strategy to discover and support promising start-up companies, win them as customers and grow together," says Matthias Knaup, Area Director Industrial Central Europe at Texas Instruments. "The overall performance of the 12 participating teams has given proof that Germany, and especially the region of Bielefeld, is home to technological innovation that addresses real world challenges the manufacturing industry is facing. We thank all partners, especially Digi-Key, and participants, for making TechMatch a success."
The top three winners were extremely close together:
"Being a 47-year-old start-up, TechMatch was the perfect match for Digi-Key," said Hermann Reiter, Director of Global Strategic Business Development & Supplier Management at Digi-Key. "I loved the energy in the hall which was performed in a former SPINNEREI, or spinning mill. The word 'Spinnerei' in German means 'Madness', but I did not see any madness – rather highly professional, enthusiastic start-up companies with the willingness to change the status quo and to drive innovation with a passion utilizing electronics."
To order from Digi-Key's wide breadth of electronic components, please visit the Digi-Key website.
About Digi-Key Electronics
Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, is an authorized global, full-service distributor of electronic components, offering more than 8.4 million products, with over 1.6 million in stock and available for immediate shipment, from over 750 quality name-brand manufacturers. Digi-Key also offers a wide variety of online resources such as EDA and design tools, datasheets, reference designs, instructional articles and videos, multimedia libraries, and much more. Technical support is available 24/7 via email, phone and webchat. Additional information and access to Digi-Key's broad product offering can be found by visiting www.digikey.com.
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SOURCE Digi-Key Electronics