be checked for its neutrality . discussion of this nomination can be found on the talk page . february 2016 learn how and when to remove this template message augmentation industries gmbh type gesellschaft mit begrenzter haftung the german pendant to a llc industry high tech founded 2012 headquarters cologne germany key people alexander marten ceo stephan kaufmann ceo products high tech with focus on m2m and especially vehicular communication systems subsidiaries sms smart mobility solutions website www.mad.ai augmentation industries ai is the corporation behind mad . mad is the abbreviation of mobile assisted driving which is a patent pending technology to connect cars to the internet . ai is a german high tech start up with its roots in the automotive m2m industry . ai has set itself the goal to make cars smarter to ease up everyone s life contents 1 foundation 2 successes 3 references 4 external links foundation edit ai was founded and incorporated in april 2012 in germany by alexander marten and stephan kaufmann . the technology idea was submitted in 2011 to the german patent authority and after first positive feedback it was submitted in 2012 to the european patent office as an international pct application with the priority date of 2011 . since then ai has applied for now four additional international patents all in the m2m area after a short validation phase funded by f family friends & fools a substantial vc round for usd 1 950 000 eur 1 500 000 was closed in august 2012 . this capital laid the foundation to hire the team to bring the idea into living . later on the company received several national subsidies and further invests . the money was used to develop the mad technology a technology platform to retrofit cars with a small hardware adapter size of a matchbook enable a direct connection between the car s ecus and a smartphone or other nomadic device as well as street infrastructure and other cars . based on can data communication the user is able to interact with the car by an app . normen m ller was the first hire to complete the management team and is the cto and it brain of ai to develop and implement the technology . along with five further employees and external support of another five developers and automotive engineers the company is well on its route . the company filed bankruptcy in march 2014 successes edit ai s customer base includes some of the biggest european insurance companies and several german mid sized ones ; multiple fleet management companies ; global logistic companies and sme s value the mad based services ai has to offer . citation needed several corporate startup initiatives and incubators seized the opportunity to become part of mad s story the european space agency supports ai through its incubator program . 1 websummit 2013 2 named ai as one of the exclusive 50 startglobal companies . 3 ai is also an ibm global entrepreneur company 4 and won the german smartcamp trophy . 5 sap has accepted ai into its startup.focus 6 program centered on start ups in the big data predictive analysis and real time decision area . germany s vice chancellor invited ai along with 29 other startups on a trip to the silicon valley and later in the year to israel . the german research center for artificial intelligence has joined ai in several research activities ; one of germany s ivy league universities tu darmstadt has partnered with ai for participation in the eu eit ict labs program . 7 university of heilbronn is ai s partner in the zim initiative . it is ai s goal to make a dent in the automotive area by disrupting a market with the mad technology that has not changed significantly in the past 100 years . references edit esa business incubation centres esa bics sme resources sme small and medium sized enterprises industry about us esa . esa.int . 2012 07 24 . retrieved 2013 10 28 . where the tech world meets web summit october 30 & 31 2013 . web summit . retrieved 2013 10 28 . start web summit october 30 & 31 2013 . web summit . retrieved 2013 10 28 . ibm partnerworld ibm global entrepreneur . 304 . ibm.com . 2013 08 26 . retrieved 2013 10 28 . ibm global entrepreneur . ibmsmartcamp.com . retrieved 2013 10 28 . sap startup focus portal . startupfocus.saphana.com . retrieved 2013 10 28 . eit ict labs knowledge & innovation community eit ict labs . eitictlabs.eu . retrieved 2013 10 28 . external links edit founder s interview funding announcement gr nderszene prcenter coverage sfa announces investment in ai ai listed as ibm global entrepreneur ibm announces the 6 finalists for ibm smartcamp germany press article of mad s winning ibm smartcamp germany ai among the top 150 companies at websummit company facebook page bloomber profile of ai ai s angellist profile ai s crunchbase profile github open repositories springer professional reporting about the mad technology ai finalist in the german innovation prize code n startup screener s short intro of mad world news reporting about ai s cebit 2014 participation datendschungel.de about the ai ibm cooperation and the cebit 2014 show ibm announcing ai s participation at ibm booth at cebit 2014 retrieved from https en.wikipedia.org w index.php title augmentation industries & oldid 707090506 categories technology companies of germanyhidden categories articles needing pov check from february 2016all articles with unsourced statementsarticles with unsourced statements from october 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 26 february 2016 at 22 22 . text is available under the creative commons attribution sharealike license ; 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