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Home COUNTRY DACH

EU-Startups Podcast | Episode 74: Andreas Loy, Co-founder & CEO of KONUX

EU Startupsby EU Startups
June 27, 2024
Reading Time: 3 mins read
in DACH, GREEN, VENTURE CAPITAL
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In this episode, we catch up with Andreas Loy, Co-founder and CEO of KONUX, a leading German AI scale-up transforming railway operations for a sustainable future.

Before turning 30, Andreas created more than €500 million in shareholder value, generated over a hundred jobs, and built an outstanding team to establish a transformative digital leader for sustainable impact.

KONUX is the first AI scale-up in railway. They bring next-generation predictive maintenance, network usage, and traffic monitoring and planning solutions for railway infrastructure management. Since its foundation in 2014, the company has raised more than $130 million from world-leading investors, expanded to ten countries in Europe and Asia, and was selected as one of the world’s 30 most innovative start-ups and scale-ups by the World Economic Forum (WEF).

Andreas envisions a society that thrives on compassion, interconnectedness, and harmony. People have developed a deep sense of self-awareness, prioritising their mental, emotional, and physical well-being. Healing practices are integrated into everyday life, fostering resilience, empathy, and understanding.

Video Version of Episode 74:

Audio Version of Episode 74:

Key takeaways:

  • AI has the potential to transform railway operations and create value through data analysis.
  • Finding balance and prioritising well-being is essential for personal and professional growth.
  • Compassionate and collaborative leadership is key to empowering others and creating a positive work culture.
  • Sustainability should be a core focus for founders and entrepreneurs, with technology playing a crucial role in addressing global challenges.
  • The future of transportation should prioritise eco-friendly solutions.

Read the orginal article: https://www.eu-startups.com/2024/06/eu-startups-podcast-episode-74-andreas-loy-co-founder-ceo-of-konux/

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