Dresden A year is an eternity in the start-up scene. The founders of Spinncloud had to wait even longer before they could get started with their chip company. In the spring of 2021, they wanted to conclude a contract with the Technische Universität (TU) Dresden, on whose research results their product is based: Spinnaker2 is a pioneering new chip that they need for artificial intelligence that should function like the human brain.
But the conclusion of the contract was delayed more and more. “At Christmas time, we were on the verge of giving up,” recalls Christian Eichhorn, the commercial director of the young Dresden company Spinncloud. The 40-year-old wanted to finalize the contract with his four co-founders within a few weeks, but the university had to clarify the terms of the contract internally first. Ultimately, the young entrepreneurs waited until the summer of 2022 before they could sign the agreement. “That’s why we had to put investors off again and again,” Eichhorn is annoyed.