🚀 FMEA EXCELLENCE among the 300 most innovative startups in Serbia within the StarTech program
📅 August 29, 2025 | 📍 Kragujevac, Serbia
Our innovation, FMEA EXCELLENCE, a software solution for risk management in the automotive industry, has been selected for the next stage, among the top 300 most promising startups in Serbia within the StarTech program, implemented by NALED with the support of the Government of the Republic of Serbia and Philip Morris.
We officially received this news on August 27, 2025, and it represents an important milestone in our journey, confirming that our work on digitalizing and automating the FMEA process is recognized as a valuable contribution to industrial competitiveness and Serbia’s innovation ecosystem.
The StarTech program recognizes technology projects that combine innovation, sustainability, and global market potential. For our team, this acknowledgment confirms that FMEA EXCELLENCE is moving in the right direction, creating a new generation of AI-powered solutions for automotive risk management that fully comply with AIAG & VDA and IATF 16949 standards.
🔗 Partnerships that ensure excellence
In the next stage of development, FMEA EXCELLENCE will reach Technology Readiness Level 6 (TRL 6) in collaboration with key partners from both industry and academia.
Our validation partners are Grah Automotive, a leading automotive company, and the Faculty of Engineering at the University of Kragujevac, representing the perfect blend of practical experience and scientific knowledge.
Together we have signed a Letter of Intent (LOI) confirming our shared commitment to advance the FMEA EXCELLENCE platform through practical implementation and testing, demonstrating its impact on reducing risk, cost, and development time in the automotive industry.
💡 Our goal
Participation in the StarTech program opens new opportunities for partnerships, investment, and international visibility. Our goal is to reach TRL 6, validate the solution under real production conditions, and establish a foundation for scaling toward TRL 7.
With this milestone, FMEA EXCELLENCE continues to evolve into a key tool for digital transformation and standardized risk management, fully aligned with the vision of Industry 5.0.
👉 Learn more about why FMEA EXCELLENCE brings a new dimension of excellence in risk management at the following link:
🔗 https://fmea-excellence.com/%f0%9f%92%a1-zasto-excellence/
