Proof of Usefulness Report

Schnell LiFi GmbH

Analysis completed on 2/2/2026

+27
Proof of Usefulness Score
You're In Business

Schnell LiFi GmbH is a verified spin-off from Fraunhofer, focusing on legitimate LiFi (Optical Wireless Communication) technology. However, public records from North Data indicate the company entered provisional insolvency proceedings in late 2024, severely impacting its viability. The submission contains demonstrably false claims (e.g., 'most people have used my product' is factually incorrect for niche LiFi tech) and low-quality data inputs ('audienceReach': 'everyone', 'monthlyRevenue': 'null'). While the underlying technology is innovative, the project's commercial failure and poor submission quality result in a critical score.

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Score Breakdown

Real World Utility+40
Audience Reach Impact+10
Technical Innovation+75
Evidence Of Traction+5
Market Timing Relevance+40
Functional Completeness+10
Subtotal+27.13
Usefulness Multiplierx0.98
Final Score+27

Project Details

Description
Schnell LiFi GmbH is a Fraunhofer Spin Off and a Joint Venture entity founded by AIPC Global UG, Germany + Fraunhofer, Germany. With over 28000 scientists, 74 institutes and a €2.8 Bn annual R&D spend, Fraunhofer is one of the world's leading R&D societies owned by the Fed Gov of Germany. Schnell LiFi GmbH is headquartered in Hamburg and has R&D as well as manufacturing facilities in Dresden. Some of Schnell LiFi's customers include Fortune 500 companies, large telecoms, Government Organisations, Space, Scientific and Military Organisations. Some of the industrial segments we service include - Healthcare, Smart Cities, Mixed Reality, Industry 4.0, Aviation, Automobile, Fiber Optics, 5G And beyond, Industrial IoT, etc.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline