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TU Dortmund University is looking for further start-ups that its new subsidiary, TU capital, can support with venture capital. To help young, technology-based companies to establish themselves, the university founded TU capital GmbH & Co. KG and set up a venture capital fund at the end of last year. The aim is to help spin-offs or start-ups directly connected to TU Dortmund University get off to a flying start. QuizCo, a provider of individualizable learning platforms, recently became the first start-up to receive support in the shape of early-stage finance.
TU capital’s objective is to increase the number of successful start-ups in Dortmund. They not only receive venture capital but are also given active assistance during market entry and, in addition to coaching, access to a broad network of regional companies. Here, the venture capitalists are working closely with the Center for Entrepreneurship & Transfer (CET) at TU Dortmund University, which was awarded the title of Excellence Start-up Center by the State of North Rhine-Westphalia and offers various programs for start-ups and potential entrepreneurs. TU capital received initial finance from TU Dortmund University but has already raised further capital from local investors and companies in the region. The intention is for further investors and venture capitalists to join the venture capital fund in the future.
QuizCo is the first beneficiary
Together with Seed Capital Dortmund (Dortmund Savings Bank) and techx Dortmund, the first funds were recently invested in QuizCo GmbH, a new tenant at TechnologieZentrumDortmund. The start-up wants to individualize learning in companies and organizations and make a unique learning experience possible through individual contents because, as it says, although online platforms with ready-made learning content are increasingly coming onto the market in the course of the digital transformation, they rarely take into account users’ different needs. Thanks to artificial intelligence, which analyzes selected texts and creates content automatically, the learning experience in QuizCo applications can be customized to the respective companies and users.
Albrecht Ehlers, Chancellor of TU Dortmund University, says: “By establishing TU capital, TU Dortmund University has created another important building block for supporting spin-offs and start-ups. In so doing, we’re making a contribution to Dortmund as a business location.” Start-ups connected to TU Dortmund University that are interested in early-stage finance can contact TU capital with a pitch deck.
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Location & approach
The campus of TU Dortmund University is located close to interstate junction Dortmund West, where the Sauerlandlinie A 45 (Frankfurt-Dortmund) crosses the Ruhrschnellweg B 1 / A 40. The best interstate exit to take from A 45 is “Dortmund-Eichlinghofen” (closer to South Campus), and from B 1 / A 40 “Dortmund-Dorstfeld” (closer to North Campus). Signs for the university are located at both exits. Also, there is a new exit before you pass over the B 1-bridge leading into Dortmund.
To get from North Campus to South Campus by car, there is the connection via Vogelpothsweg/Baroper Straße. We recommend you leave your car on one of the parking lots at North Campus and use the H-Bahn (suspended monorail system), which conveniently connects the two campuses.
TU Dortmund University has its own train station (“Dortmund Universität”). From there, suburban trains (S-Bahn) leave for Dortmund main station (“Dortmund Hauptbahnhof”) and Düsseldorf main station via the “Düsseldorf Airport Train Station” (take S-Bahn number 1, which leaves every 15 or 30 minutes). The university is easily reached from Bochum, Essen, Mülheim an der Ruhr and Duisburg.
You can also take the bus or subway train from Dortmund city to the university: From Dortmund main station, you can take any train bound for the Station “Stadtgarten”, usually lines U41, U45, U 47 and U49. At “Stadtgarten” you switch trains and get on line U42 towards “Hombruch”. Look out for the Station “An der Palmweide”. From the bus stop just across the road, busses bound for TU Dortmund University leave every ten minutes (445, 447 and 462). Another option is to take the subway routes U41, U45, U47 and U49 from Dortmund main station to the stop “Dortmund Kampstraße”. From there, take U43 or U44 to the stop “Dortmund Wittener Straße”. Switch to bus line 447 and get off at “Dortmund Universität S”.
The AirportExpress is a fast and convenient means of transport from Dortmund Airport (DTM) to Dortmund Central Station, taking you there in little more than 20 minutes. From Dortmund Central Station, you can continue to the university campus by interurban railway (S-Bahn). A larger range of international flight connections is offered at Düsseldorf Airport (DUS), which is about 60 kilometres away and can be directly reached by S-Bahn from the university station.
The H-Bahn is one of the hallmarks of TU Dortmund University. There are two stations on North Campus. One (“Dortmund Universität S”) is directly located at the suburban train stop, which connects the university directly with the city of Dortmund and the rest of the Ruhr Area. Also from this station, there are connections to the “Technologiepark” and (via South Campus) Eichlinghofen. The other station is located at the dining hall at North Campus and offers a direct connection to South Campus every five minutes.
The facilities of TU Dortmund University are spread over two campuses, the larger Campus North and the smaller Campus South. Additionally, some areas of the university are located in the adjacent “Technologiepark”.