Early in 1864, Otto sought investors to fund his research. He found
Eugen Langen, whose father was a sugar industrialist. Together they entered into a partnership on 31 March 1864 and named it NA Otto & Cie in Cologne. This was the world's first company focused entirely on the design and production of internal combustion engines. the Otto and Langen engine had hit a technical dead end as an atmospheric engine: it produced only , yet required headroom to operate. Otto turned his attention to the four stroke cycle at which he had failed in 1862. Largely due to the efforts of Franz Rings and Herman Schumm, who were brought into the company by
Gottlieb Daimler Otto succeeded in making the Four Stroke, Compressed Charge engine. It is this engine (the Otto Silent Engine), and not the Otto & Langen engine, to which the "Otto cycle" refers. This was the first commercially successful engine to use in-cylinder compression. The Rings-Schumm engine appeared in autumn 1876 and was immediately successful. In summary, the Otto engine which is the predecessor of the modern engine as specified by the VDI is Otto's fourth design. He built the following engines: • 1861: a copy of Lenoir's atmospheric engine • 1862: a
four cycle compressed charge engine (prior to Rochas's patent) which failed as it broke almost immediately • 1864: the first successful atmospheric engine • 1876: the
four stroke compressed charge engine which is acknowledged as the "Otto" cycle engine. The term "Otto cycle" is applied to all compressed charge, four cycle engines. Otto married Anna Gossi and the couple had seven recorded children. His son
Gustav Otto grew up to become an aircraft builder. ==The Otto cycle==