1st place at European Cyber Security STARtup Competition

PHYSEC Crowned Winner of ECSO’s European Cybersecurity STARtup Award

On the 2nd Febru­a­ry after going head-to-head with seven other lea­ding Euro­pean cyber­se­cu­ri­ty star­tups, Ger­ma­ny-based PHYSEC was named the win­ner of ECSO’s Euro­pean Cyber­se­cu­ri­ty STARt­up Award by an inde­pen­dent jury, con­sis­ting of renown Euro­pean cyber­se­cu­ri­ty experts.

Being nomi­na­ted to the Euro­pean Cyber­se­cu­ri­ty STARt­up Award final com­pe­ti­ti­on was alrea­dy a real­ly big thing for our ent­i­re team. Com­pe­ting with other excel­lent cyber­se­cu­ri­ty com­pa­nies and being reco­gnis­ed at the Euro­pean level is a huge appre­cia­ti­on of our 5‑year work and a strong reco­gni­ti­on of our pro­duct to secu­re IoT/OT devices,” said Chris­ti­an Zen­ger, Co-foun­der and CEO of PHYSEC, after recei­ving the Award.

Eight fina­lists had been selec­ted from Cyber Inves­tor Days hos­ted across the pre­vious year by Euro­pean Cyber Secu­ri­ty Orga­ni­sa­ti­on (ECSO) and its part­ners, inclu­ding Britt­a­ny Regi­on and its Pôle d’Excellence Cyber, euro­bits e.V., secu­n­et Secu­ri­ty Net­works AG, Saint-Quen­tin-en-Yve­li­nes, SECURITYMADEIN.LU, Sopra Ste­ria, Sys­te­ma­tic Paris-Regi­on and Alli­an­ce pour la Con­fi­an­ce Numé­ri­que (ACN).

The final event saw inten­se com­pe­ti­ti­on through a seri­es of pit­ches per­for­med by eight fina­lists – Yogo­sha, Har­fang­Lab, 4Securitas, MADANA, Kyma­tio, BYSTAMP, GLIMPS and PHYSEC. The high-level award jury ulti­mate­ly deci­ded that PHYSEC should be the win­ner on the basis of their scala­b­le, dis­rup­ti­ve and inno­va­ti­ve solu­ti­on, growth-ori­en­ted busi­ness plan, go-to-mar­ket stra­te­gy, busi­ness model, use of pro­ceeds, team pro­fi­le and pitch performance.

I’m very glad to repre­sent the strong sup­port of the Jury for nomi­na­ting PHYSEC as the win­ner of 1st edi­ti­on of the Euro­pean Cyber­se­cu­ri­ty STARt­up Award. Given the glo­bal IoT secu­ri­ty chal­len­ge that exists today, the Jury found PHYSEC tech­no­lo­gi­cal approach very inte­res­ting and inno­va­ti­ve to address this real struc­tu­ral pro­blem and respec­ti­ve mar­ket oppor­tu­ni­ty. Congra­tu­la­ti­ons to all the team at PHYSEC and the best wis­hes on pur­suing the ambi­tious growth plan ahead,” said Car­los Morei­ra da Sil­va, Invest­ment Direc­tor at Sonae IM & co-Chair of ECSO Working Group 2.2 ‘2 “Invest­ments and inno­va­ti­ve busi­ness models”.

An Ambi­tious Agenda

The Euro­pean Cyber­se­cu­ri­ty STARt­up Award was crea­ted to incre­a­se the awa­reness and visi­bi­li­ty of sta­te-of-the-art cyber­se­cu­ri­ty com­pa­nies in Euro­pe, both at the Euro­pean and the glo­bal levels. A robust Euro­pean cyber­se­cu­ri­ty indus­try means a bet­ter pro­tec­ted digi­tal Europe.

Howe­ver, Euro­pean cyber­se­cu­ri­ty solu­ti­on pro­vi­ders (par­ti­cu­lar­ly smal­ler com­pa­nies) have often strug­gled for visi­bi­li­ty in a frag­men­ted Euro­pean mar­ket. ECSO envi­sa­ges the­re­fo­re that this initia­ti­ve will thus incre­a­se the Euro­pean cyber­se­cu­ri­ty pos­tu­re across citi­zens, busi­nes­ses and socie­ty, by incre­a­sing the pre­va­lence of Euro­pean upt­a­ke of Euro­pean solutions.

At ECSO we belie­ve it is very important to give visi­bi­li­ty to the best of aspi­ring Euro­pean cyber­se­cu­ri­ty com­pa­nies to help them achie­ve their full poten­ti­al. That’s why we crea­ted the Euro­pean Cyber­se­cu­ri­ty STARt­up Award to find and show­ca­se Europe’s most inno­va­ti­ve cyber­se­cu­ri­ty star­tups. We congra­tu­la­te PHYSEC on bea­ting the com­pe­ti­ti­on to win this pres­ti­gious award,” said Lui­gi Rebuf­fi, Secreta­ry Gene­ral of ECSO

Bochum 03.02.2021




We have won the 1st pri­ze at the GRÜNDERPREIS NRW! 

The pri­ze hono­urs the most suc­cess­ful inno­va­ti­ve busi­ness ide­as, inno­va­ti­ve pro­ducts and entre­pre­neu­ri­al per­so­na­li­ties from NRW. It is awar­ded by the Minis­try of Eco­no­mics, Inno­va­ti­on, Digi­ti­sa­ti­on and Ener­gy of North Rhi­ne-West­pha­lia and NRW.BANK. The pri­ze was awar­ded for the eighth time in 2019 and is one of the hig­hest endo­wed com­pe­ti­ti­ons in Ger­ma­ny. The award cere­mo­ny took place on Mon­day evening in Düs­sel­dorf. The jury con­sis­ted of repre­sen­ta­ti­ves of the Minis­try of Eco­no­mic Affairs, NRW.Bank and busi­ness start-up and eco­no­mic experts from North Rhine-Westphalia. 

PHYSEC is a worthy win­ner and a gre­at examp­le for the up-and-com­ing foun­der sta­te. The com­pa­ny has its ori­gins in the Ruhr-Uni­ver­si­tät Bochum. This shows the enor­mous poten­ti­al of com­bi­ning sci­ence and busi­ness,” says Eco­no­mics and Digi­tal Affairs Minis­ter Prof. Dr. Andre­as Pinkwart. 

Foun­ders of PHYSEC: Dr. Hei­ko Koep­ke (l.) and Dr. Chris­ti­an Zenger 

As a deve­lo­p­ment bank for North Rhi­ne-West­pha­lia, we pro­vi­de busi­ness start-ups with advice and sup­port. And with the NRW GRÜNDERPREIS we are giving them a sta­ge to pre­sent their good ide­as,” exp­lains Eck­hard Forst, Chair­man of the Mana­ging Board of NRW.BANK. “PHYSEC is a shi­ning examp­le of a start-up from our federal sta­te and its two foun­ders are high­ly deser­ved prizewinners. 

We are deligh­ted and thank you very much for this award! 

More infor­ma­ti­on about the foun­der pri­ze can be found here.

PHYSEC among the Top 10 Start-ups in Germany

PHYSEC among the Top 10 Start-ups in Germany

We have been hono­u­red by the busi­ness maga­zi­ne BILANZ as one of the top 10 start-ups in Ger­ma­ny. The “Start me up!” com­pe­ti­ti­on, in which we were able to pre­sent our tech­no­lo­gy to a jury of experts, took place in Ber­lin at the begin­ning of July. 

Sin­ce 2016, the busi­ness maga­zi­ne BILANZ has annu­al­ly orga­ni­zed the start-up com­pe­ti­ti­on with Germany’s most inno­va­ti­ve young com­pa­nies. Fur­ther infor­ma­ti­on on the win­ners will be avail­ab­le in the next issue of BILANZ. 


Innovations from Bochum: MIT Technology Review names Christian Zenger “Innovator under 35” in Europe!

Innovations from Bochum: MIT Technology Review names Christian Zenger “Innovator under 35” in Europe!

After we had the pleasure of receiving his award as “Innovator under 35” in Germany only in July, Dr. Christian Zenger has now received further recognition: He is one of the Europe-wide “innovators under 35”!

Innovators Under 35” is the world’s leading community of innovators, pioneers and social pioneers. Since its inception, MIT Technology Review has annually published the list of the most brilliant innovators under 35 years of age who are making groundbreaking advances and actively shaping their research areas. The European programme highlights the work of the most talented young technology leaders and strengthens the international innovation community. The innovators were selected by the jury from over 1000 candidates.

With PHYSEC, Christian Zenger creates a system that detects small changes in the signals of encryption devices and could thus ensure an impenetrable and above all secure Internet of Things. According to Mahvash Siddiqui, Environment, Science, Technology and Health Officer at the United States Embassy in London (United Kingdom) and member of the jury for innovators under 35 in Europe, the young German innovator shows an “impressive combination of entrepreneurial and scientific-technical skills” and develops a technology “with the potential to change the world”.

Innovators Under 35” is an annual list that recognizes outstanding innovators under the age of 35. The awards cover a wide range of areas, including biotechnology, materials, computer hardware, energy, transport, communications and the Internet. The Technology Review magazine is published by the Massachusetts Institute of Technology (MIT). It reports on technological innovations from various fields that have the potential to change the world.

More information on the innovators can be found here.



Innovation “made in germany” — PHYSEC wins the 7th German IT Security Award

Innovation “made in germany” — PHYSEC wins the 7th German IT Security Award

Every two years, the Horst Görtz Foundation honors the best future-relevant innovations in IT security. We received first prize for the development of the Enclosure PUF. The concept makes it possible to verify the integrity of computer systems and their peripherals by using electromagnetic wave propagation effects. The award ceremony took place today at the it-sa trade fair in Nuremberg, the largest IT security trade fair in Europe. The German IT Security Award is the most renowned and highly endowed award in the industry and is determined in a two-stage process by a jury of experts.

More information about the award can be found here.

The Foun­der and the Award Win­ners ( © 2018 Nürn­berg­Mes­se GmbH)


Christian Zenger is one of Germany’s innovators under 35

Pioneering ideas for the Internet of Things make Christian Zenger an ‘innovator under 35’

Exciting news for PHYSEC GmbH: Our cofounder Christian Zenger was awarded as one of the leading innovators under 35 in Germany for his research in the field of IT security in the Internet of Things (IoT).

PHYSEC com­bi­nes digi­tal cryp­to­gra­phy with infor­ma­ti­on theo­re­ti­cal phy­si­cal lay­er secu­ri­ty and thus crea­tes IT secu­ri­ty solu­ti­ons that eclip­se all pre­vious­ly known methods. Unpre­dic­ta­ble elec­tro­ma­gne­tic chan­ges bet­ween devices are used for encryp­ti­on: By two devices forming a cou­pled sys­tem, a new, com­mon key can be gene­ra­ted at inter­vals of seconds, which can­not be read by exter­nal atta­ckers. It can also be used to crea­te device-spe­ci­fic digi­tal fingerprints.

Dr. Chris­ti­an Zen­ger has the­re­fo­re recei­ved one of ten “Inno­va­tor under 35” awards in Ber­lin for his visio­na­ry tech­no­lo­gy. The Young Talent Award is pre­sen­ted annu­al­ly by the Tech­no­lo­gy Review and honors inno­va­tors who, through out­stan­ding rese­arch, have a decisi­ve influ­ence in their respec­ti­ve fiel­ds and have the poten­ti­al to use new approa­ches to shape the future of sci­ence and tech­no­lo­gy in a sus­tainab­le manner.

The com­pe­ti­ti­on was initia­ted in 1999 by the US edi­ti­on of MIT Tech­no­lo­gy Review. Well-known for­mer pri­ze­win­ners inclu­de Mark Zucker­berg, Ser­gey Brin and Dani­el Ek. It is one of the most pres­ti­gious awards for young rese­ar­chers, deve­lo­pers and com­pa­ny founders.
The award was pre­sen­ted yes­ter­day at the Tele­fó­ni­ca Base­camp in Berlin.

The ten inno­va­tors under 35 from Ger­ma­ny at the award cere­mo­ny in Ber­lin. (© Hei­se Medien)


Outstanding success for young companies

Outstanding success for young companies

PHYSEC GmbH has been awarded the main prize of the largest and most renowned business plan competition in the German digital economy as ‘Digital Start-up 2018’.

At the CeBIT in Hano­ver, PHYSEC GmbH was awar­ded the “Digi­tal Start-up 2018” pri­ze by the Federal Minis­try of Eco­no­mics and Ener­gy (BMWi) as part of the nati­on­wi­de com­pe­ti­ti­on. The pri­ze was awar­ded for the first time and was aimed at young com­pa­nies that have been par­ti­cu­lar­ly suc­cess­ful in imple­men­ting their foun­ding ide­as. The pri­ze-win­ners recei­ved their awards during the “Start-up Talk: Digi­tal Inno­va­tions” con­gress by Tho­mas Jar­zom­bek, the Ger­man government’s coor­di­na­tor for aerospace.

PHYSEC convinces with security for the Internet of Things 

PHYSEC could con­vin­ce with the solu­ti­on IoTree, the tech­no­lo­gy for secu­re and user-friend­ly encryp­ti­on of com­mu­ni­ca­ti­on bet­ween net­wor­ked devices in the Inter­net of Things. IoTree uses infor­ma­ti­on from the com­mon envi­ron­ment of two devices so that encryp­ti­on can­not be recon­struc­ted after­wards by poten­ti­al exter­nal attackers.

More infor­ma­ti­on about IoTree and pos­si­ble app­li­ca­ti­ons can be found here.

The prize provides growth capital for young companies 

The pri­zes of the com­pe­ti­ti­on are endo­wed with a total of 100,000 euros — first place goes to 50,000 euros, second place to 30,000 euros and third place to 10,000 euros each. Other award win­ners inclu­de COMPREDICT GmbH, enve­lio GmbH and RIPS Tech­no­lo­gies from Bochum. The pri­ze money is to be inves­ted in the start-ups as growth capital.

Start-ups from the start-up initia­ti­ves of the Federal Minis­try of Eco­no­mics and Ener­gy can app­ly for the “Digi­tal Start-up of the Year” award. In addi­ti­on to the “Start-up Com­pe­ti­ti­on — Digi­tal Inno­va­tions”, this also inclu­des fun­ding pro­gram­mes such as “EXIST — Start-ups from Sci­ence”. A fur­ther con­di­ti­on for par­ti­ci­pa­ti­on is the genera­ti­on of a mini­mum tur­no­ver of 100,000 wit­hin the past twel­ve mon­ths by the start-ups.

PHYSEC and RIPS Tech­no­lo­gies are two of the award-win­ning com­pa­nies from Bochum — the glo­bal­ly important loca­ti­on for IT security.

The winners of the competition during the award ceremony at CeBit (©Andrea Janssen)