Value Proposition

Revolutionize sleep care with fascia's comfortable, affordable & accurate sleep mask for remote monitoring and intervention.

Problem Addressed

The current sleep study methods present challenges for researchers and patients, with a lack of remote observation and stimulation leading to difficulties in obtaining accurate data and discomfort for patients.

Proposed Solution

Fascia's sleep mask offers a comfortable and cost-effective solution to current sleep study limitations, enabling remote observation and stimulation, providing accurate data, and improving the overall sleep study experience

Progress to Date

We conducted stakeholder interviews and developed 3 working prototypes, culminating in a successful pilot sleep study with 2 users over a 14-night.

Planned Use of Funds

Our planned use of funds includes partnering with an industrial design firm to build 6 prototypes, conducting further validation studies, and continuing extensive primary market research to refine our product development and market positioning

Projected Milestones

Our milestones include partnering with Manta design firm, recruiting two additional team members to apply for the delta v, procuring parts for 6 prototypes, improve data management, and meetings with healthcare founders, clinicians, and researchers

Market

The sleep study market is valued at $9B, with remote assessment and research accounting for $5B. We target sleep clinics and research, offering affordable and comfortable solutions to increase access.

Competition

Philips, Natus, and Resmed—established sleep companies—are our main competitors. DREEM, a French firm, recently switched from consumer to clinical, showing that entrepreneurs can be nimble and a challenge to larger enterprises.

Competitive Advantage

Our domain knowledge, expertise, and innovative technologies—two patent-pending solutions and a closed-loop sleep care platform—give us an edge. Sleep clinics and research institutions can benefit from this unique solution.

Go-to-Market & Revenue Plan

Our go-to-market plan involves targeting sleep clinics and research institutions with our cost-effective and reliable sleep mask, offering a subscription-based revenue model with data analysis and cloud storage services.

Additional Information

Value Proposition

With the goal of democratizing healthcare, we are offering a highly accessible and affordable option to screening for early detection of GI cancers

Problem Addressed

GI cancers are one of the most treatable forms of cancer, yet account for 1 in 3 cancer related deaths. PEEK overcomes cost and bandwidth constraints in the medical system by allowing everyone to be screened at a rate that allows for early detection

Proposed Solution

PEEK is a wireless imaging pill that connects to a smartphone and allows users to perform a scope at home. Our fully functional prototype (when manufactured in volume), can be made available at a fraction of the cost of a traditional scope.

Progress to Date

We have been bootstrapping and have developed a fully working prototype. Today, we are still refining the business model and seeking to raise funds.

Planned Use of Funds

We are planning to allocate: 1) $10,260 for further prototype refinement 2) $6,240 for lab testing 3) $7,500 for FDA/CLIA consultancy and medical experts opinion 4) $1,000 for incorporation/registration

Projected Milestones

1) End-Mar: 5 additional gastroenterologist interviews 2) Mid-Apr: Chart out the complete regulatory path and requirements 3) End-Apr: Prototype v2 ready 4) End-Apr: Have a ready business model and go-to-market strategy and pitch to 5 investors

Market

The US TAM is 110M users between 45 - 75 years. Worldwide TAM is 2.1B users. An extremely conservative assumption (1%) would result in 21M annual screenings per year

Competition

Alternative means of screening for GI cancers, including the traditional endoscopies and colonoscopies, capsule endoscopies (e.g. Medtronic's Pill Cam), stool tests (e.g. Exact Sciences' Cologuard), cancer marker blood tests.

Competitive Advantage

Using AI in combination with low-cost robust hardware, PEEK democratizes cancer screening by allowing more people to get screened more frequently without imposing any additional burden on the medical ecosystem.

Go-to-Market & Revenue Plan

B2C and/or B2B2C model by partnering with existing health lab operators, large pharmaceutical chains (e.g. CVS Health Hub, Walmart +) and hospital networks as a key channel to reach our targeted end-users.

Additional Information

https://youtu.be/K2xBIfdumfE

Value Proposition

BBU empowers Black women along their pregnancy, birth, and postpartum journey while giving providers necessary insights to support their experience.

Problem Addressed

Black women in the U.S. are currently 3-4 times more likely to die in childbirth compared to White women. From talking with 120+ stakeholders, we learned that Black women are scared and lack the resources needed to support their perinatal journeys.

Proposed Solution

Birth By Us is an app that empowers Black women to shape their birthing experience through patient education, health tracking, and culturally-specific resources, while giving providers key insights to reduce preventable maternal complications.

Progress to Date

We have spoken to 140+ stakeholders, completed 70% of alpha version and 60% of MVP, created 30+ resources, and have 150+ people on our waitlist.

Planned Use of Funds

We will use funds on marketing (digital and in-person streams) for our larger pilot, content development interns, necessary software and operational costs for completing our MVP, and conference travel

Projected Milestones

Within the next month, we plan to launch a pilot of our MVP with ~50 users, then launch our alpha in partnership with a Black-serving hospital/birthing center with ~200 users in the next 4 months.

Market

There are 14M+. Black women of reproductive age in the U.S. and roughly 530,000 Black births/year. Starting at a subscription rate of $5/month with a 21 month user lifecycle, we obtain a SAM of $55M+

Competition

Pregnancy apps are widely used, but do not find contributing factors to the maternal health crisis and are not specific to Black women. Integrated care delivery platforms are often cost-prohibitive. Provider directories are limited in size and scope.

Competitive Advantage

Birth By Us is built by and for Black women so we have an intimate connection to our user base and issue. In addition, unlike other competitors, our resources are robust and our questionnaires seek to be moms’ first line of defense to complications.

Go-to-Market & Revenue Plan

After conducting stakeholder interviews, we derived three revenue streams: in-app freemium subscription; white labeling to physicians, hospitals, and birthing centers; and getting coverage from insurance plans. We are currently testing these streams.

Additional Information

Value Proposition

Domi delivers on the promised value of mindfulness by supporting customers in their journey to developing a mindfulness habit.

Problem Addressed

50%+ of Americans have depression or anxiety. Mindfulness is a proven method for reducing this burden yet existing digital solutions experience 90%+ churn. Users struggle to develop a mindfulness habit and obtain the value that mindfulness offers.

Proposed Solution

Our digital physical solution provides active support using haptics and visuals it captures data to provide timely feedback to create an engaging experience. And our digital experience redefines the user experience.

Progress to Date

5 product iterations Digital experience designs 80+ customer interviews 15+ expert interviews

Planned Use of Funds

Product iteration costs including: raw materials, electronics, machining time. Our goal is a multi-week study early 2023. Next funding design for manufacturing and custom electronics Lastly, markting materials to fundraise and get to market

Projected Milestones

May- concurrent week+ diary studies June- prototype manufactured unit June- participate in incubator/accelerator Sept- fundraise pre-seed

Market

TAM: $14B - Stress and Anxiety Products SAM: $1.2B - Mindfulness Products SOM: $250M - Mindfulness usage for stress and anxiety Mindfulness Apps have a CAGR of 48%

Competition

Meditation Hardware: Mindnap (device/coach app), Muse (device/metrics), Core Meditation Trainer (device/app), Meditation beads & singing bowl (ancient practice) Asynchronous meditation sessions: Calm, MyMind Synchronous classes: MBSR MBCT courses

Competitive Advantage

Key considerations for the competitive space are habit formation, education, community, havinga trigger, and scalability. No one is starting with the habit process and building a product around building long term success.

Go-to-Market & Revenue Plan

We are exploring multiple paths and plan to use the next 6 months to test. Initial concepts are subscription model for $25-$30 DTC or B2B as an employee benefit. Landed costs of the hardware is ~$30.

Additional Information

https://drive.google.com/file/d/1-Rgfax1XJxjHbAtgk7vWb-DLCWaTPXwe/view?usp=sharing

Value Proposition

RTK Pharmacy Group reduces ambiguity in patients' treatment journeys and improve their health outcomes.

Problem Addressed

Clinical customer service is effectively non-existent for 80% of the market being served by the incumbents of community pharmacy. As a result, patients don't fully benefit from their treatments.

Proposed Solution

Our solution changes the community pharmacy paradigm by providing personalized clinical customer service for medications. Only one bilingual pharmacist interacts with each patient to provide pharmaceutical care within a shared cultural context.

Progress to Date

100+ stakeholders interviews, 100+ patient interviews, tested clinical service activities with 35 patients, developed prototypes for clinical models

Planned Use of Funds

The funding will support activities related to customer acquisition, product development, and clinical services testing. The major expense categories are software and advertising/marketing.

Projected Milestones

Our customer acquisition target is generating a waitlist of 200 patients, along with 50 patients who agree to transfer their prescriptions. Technology development target is to create clinical models for GLP-1 receptor agonists and SGLT2 inhibitors.

Market

The total US pharmacy market is $333 billion. Our beachhead market segment of first generation diabetic Asian immigrants with private health insurance is $425 million.

Competition

The pharmacy market is commoditized as all pharmacies sell the same FDA approved medications. In order to compete with new entrants, incumbents are focused on optimizing logistics and lowering out of pocket costs.

Competitive Advantage

As the market evolves, differentiation requirements will shift to providing clinical services and building strong patient-pharmacist relationships. Achieving this at scale will require the advanced sociotechnical clinical systems we are building.

Go-to-Market & Revenue Plan

We generate leads through social media, regional physician and community-centered event marketing activities. We perform clinical interventions for selected patients to acquire them as customers. Our revenue stream is drug sales to these customers.

Additional Information

http://www.pharmesea.com/

Value Proposition

Boston Quantum builds enterprise quantum computing software to uncover multi-currency arbitrage opportunities in milliseconds for currency traders.

Problem Addressed

Current classical methods only allow for currency arbitrage between pairs of currencies due to computational constraints, such as the low speed of arbitrage detection and the fleeting nature of such opportunities.

Proposed Solution

Our software leverages quantum and quantum-inspired algorithms to rapidly detect and reap the highest-profit arbitrage opportunities between 10 or more currencies. Backtests show we can find 1000+ opportunities/day, with an average profit of 3.5bps.

Progress to Date

Onboarded one of the largest banks as client Won 3rd in AWS Startup Competition 65+ customer discovery interviews MIT $100K Pitch finalist

Planned Use of Funds

Costs: Hardware Costs: $43K Accelerator Logistics: $5K Legal, Design, Digital Marketing: $5K Sandbox Carry-Over: $13K External Non-dilutive Funds: 30K Additional Sandbox Funding Ask: $10K

Projected Milestones

- Incorporate as an LLC - Secure 2nd partnership - Launch the alpha version of our multi-currency arbitrage detector as a SaaS product - Publish case study with pilot partner outlining real trades completed and profits generated

Market

Our target market includes banks, asset managers, and hedge funds. Based on backtest results, we estimate a TAM of $10B, a Serviceable Available Market of $3B, and an Obtainable Market of $1B.

Competition

Classical computing solutions dominate the finance industry for currency arbitrage. Our main competitors are in-house solutions that institutions use to find arbitrage. Other quantum companies aren’t building products for multi-currency arbitrage.

Competitive Advantage

Current solutions are limited by the capacity of classical computing: they can’t find opportunities with more than 2 currencies in feasible trading time. Our solution detects arbitrage opportunities with more than 10 currencies in milliseconds.

Go-to-Market & Revenue Plan

Through the pilot with our partner, we aim to create a case study and transform our software into a product. Once the pilot ends, as a B2B SaaS startup, we’ll license our software at a subscription rate and share in the profits we help generate.

Additional Information

https://linkedin.com/company/bostonquantum

Value Proposition

The Powder Machine will produce true snow crystals for ski mountains--the naturally optimal material on which to ski and snowboard.

Problem Addressed

Current snow machines produce small ice balls in an effort to mimic snowfall--providing skiers with a dangerous, unnatural surface on which to ski. Their precipitation is molecularly and tangibly vastly different than natural snow.

Proposed Solution

From a materials engineering view, we will replicate atmospheric conditions and natural crystal growth right on the ski mountain. Our machines will grow snow crystals through vapor deposition before depositing on the mountain.

Progress to Date

I have a materials and atmospheric MIT professors interested in this research. Snow Logic, a leader in snow making is willing to perform our tests.

Planned Use of Funds

The main areas of these funds will go towards creating a small scale version of this machine in a lab to prove the concept. It would also be beneficial to meet with Snow Logic in person once we are ready to begin outdoor tests.

Projected Milestones

In the next 6 months, my main goal is to produce snow crystals in a confided lab space to prove a future machine is capable. Also, as the total R&D will cost $1-3 million, it will be important to make initial contact with investors.

Market

The current market for snow making systems is around $2 Billion. Machines are strategically placed on mountains across the world that do not accumulate adequate annual snowfall.

Competition

The only relative competition is Quantum Snow-2 PhDs from Utah who have been inactive on their site/media for 2+ years. Since 2018, they have only proven to create snow in a lab and have only received ~ $12,000 in funding from competitions.

Competitive Advantage

Between Material Science brainpower from multiple MIT professors and entrepreneurial drive and extensive ski industry knowledge/connections from myself and Powder Bunnies, we are uniquely set to quickly development this company.

Go-to-Market & Revenue Plan

After proof of concept we will need to raise $1-3 Million to produce a fully functioning system. Most mountains are owned by massive VC and PE firms--likely a great lead for funding. Full systems will likely cost $2-20 million.

Additional Information

On top of our tangible solution, there is also room to develop our product as a "green" way to produce snow--using less water and energy.

Value Proposition

Livvi is a convenient mobile application that helps women make new friends in a more fun, effective and safe way through small group socialization.

Problem Addressed

46% of women are unsatisfied with their social life, with Gen-Z being hit the hardest. Covid-19 has exacerbated this problem, increasing loneliness and making it more difficult for women to make friends & find spaces to socialize.

Proposed Solution

Livvi is a mobile app that takes a fresh approach to meeting female friends by matching women in small groups and recommending in-person activities.

Progress to Date

Over 1500 waitlist signups, pilot testing through whattsapp and handmatching women in Boston and Philadelphia.

Planned Use of Funds

We will need majority of our funds for social testing events and for marketing. We plans to launch social media campaigns and run advertisements to get more waitlist signups and our first initial customers for soft launch in Boston.

Projected Milestones

We would like to create a figma no code version of our app and also start the development process. Additionally we want to reach 1,000 waitlist signups in Boston area and run some more handmatching events and start training our algorithm.

Market

We are initially going after a $1 billion mkt in the US which of ~30 million female young professionals in urban areas. From analyzing dating applications & club memberships we estimate a $30 ARPU

Competition

BumbleBFF and HeyVina allow women to swipe for 1:1 friend “dates.” In contrast, Bloom focuses on optimized group socialization. Facebook Groups and MeetUp are large forums that require manual effort to make friends.

Competitive Advantage

We focus on small group socialization and algorithmically match women into small gorups of 4-6. we focus more on the group rather than the event.

Go-to-Market & Revenue Plan

We are focused on user growth and network effects are targeting tier 2 cities by population (Boston, Philly, Denver...). We plan to launch by cities. Ee believe we will use multiple revenue models including ad revenue, subscription model and referral

Additional Information

https://vimeo.com/748389592?embedded=true&source=vimeo_logo&owner=29685437

Value Proposition

We aim to eliminate drain dislodgement, improving patient safety and care while reducing costs from complications by $2.5Bn.

Problem Addressed

Indwelling catheters are commonly used throughout medicine. Dislodgement of these devices commonly occurs during normal daily activities. Patients who experience device dislodgement require costly healthcare utilization including hospital admission.

Proposed Solution

NeoDrain incorporates 1) a novel skin level securement which minimizes external tubing that can be pulled on and 2) a quick release component which detaches external to the patient when a pull force is applied, leaving the internal portion unchanged.

Progress to Date

We have conducted user interviews, created >40 prototypes, performed animal studies, submitted a paper for publishing, and submitted an IRB protocol.

Planned Use of Funds

We hope to primarily drive forward our business development, in order to nail down our go-to-market strategy. We are also aiming to build higher fidelity prototypes for a small clinical trial.

Projected Milestones

Finalize IRB protocol and perform first-in-human user studies. Speak with leaders in industry to further develop our go-to-market strategy.

Market

3.2M procedures * 10% dislodgement rate * $8000 per patient = $2.56B

Competition

Competition includes some devices from large incumbent manufacturers, none of which fully address the problem.

Competitive Advantage

Our device addresses both small and large external forces on the drainage catheter, while competitors do only one or the other.

Go-to-Market & Revenue Plan

We plan to license this invention to an existing catheter manufacturer. They will have the opportunity to "co-package" this device with the existing catheter it accompanies.

Additional Information

Value Proposition

Payvment accurately tracks inventory for parking garages at a fraction of the cost of existing products, and provides powerful operational insights.

Problem Addressed

Garages’ current internal systems are dysfunctional and outdated. 90% of garages do nightly inventory by hand, writing down sometimes hundreds of plate numbers every night. Existing solutions are expensive, inaccurate, and unthoughtful.

Proposed Solution

Payvment promises a seamless, dependable, and low-cost solution to tracking garage inventory. We use advanced computer vision to track inventory, increase profits, reduce fraud, and provide valuable insights such as dynamic pricing recommendations.

Progress to Date

MIT Fuse: PMR (40+ garages) & plan Secured LOIs from parking garages Met with real estate firms like Boston Properties to run a pilot Prototyping tech

Planned Use of Funds

We plan to use the funds to build our MVBP, buy and install hardware at the multiple pilot sites, and cover additional costs such as incorporating, transportation to garages, advertising, etc.

Projected Milestones

March 16: Pitch to Sandbox May 1: Hire an additional software developer, finalize LOI's October 31: Complete our MVBP and begin pilot programs (likely sooner) December 31: Iterate and Install in 20 Garages January 31: Expand geographically

Market

150+ Garages in Boston & Cambridge, 90% do written nightly inventory Nearly 10,000 garages and lots nationally Garages are usually owned by real estate companies and managed by contractors like VPNE

Competition

There are many long-term industry players such as Tiba, Hub Parking, and Amano McGann. These systems are expensive, unreliable, not made for the user, and don’t provide useful insights.

Competitive Advantage

* Agile * Access to lower cost, yet more effective tech * Have the experience & ability to create a low-cost solution to a real pain point identified after hundreds of conversations with parking managers. * Driven and diversely talented

Go-to-Market & Revenue Plan

Create MVBP and partner with property companies, such as Boston Properties, to pilot our technology. This will give us significant data (which we can sell back to companies) and feedback to improve the product and expand.

Additional Information

After scaling, we will use connections with garages to reinvent the parking process on the user side. On our app, like EZ Pass, your license plate will connect to your payment method so we charge you automatically without the need to keep a ticket. Also, help find and reserve parking, and sell data.

Value Proposition

Cleo enables watch manufacturers to generate ancillary revenues and new communication channels with customers through a system of digital receipts.

Problem Addressed

The luxury watch industry is filled with passionate consumers who engage in forums and private resales. Currently, manufacturers lack direct access to these communities (and potential revenue opportunities) due to a missing post-PoS infrastructure.

Proposed Solution

Via an intuitive UI and authenticated blockchain backend, manufacturers using Cleo can integrate proprietary digital receipts with each watch they make. A digital receipt follows each watch and allows manufacturers to oversee secondary movement.

Progress to Date

Detailed MVP outline, market validation, 1 beta tester lined up, working on securing additional beta testers. 1-2 months from releasing MVP.

Planned Use of Funds

Funds will support and promote backend development and expansion. Will hire an MIT intern iOS developer and fund blockchain backend creation. Will also use funds to further engage with prospective beta testers.

Projected Milestones

Use funds to complete MVP level blockchain backend and front end UI (web and mobile). Onboard 1-3 beta testing watch manufacturers to test platform with. Following testing phase, implement revenue model and continue to onboard watch manufacturers.

Market

Initial market includes ~500 micro brand watch manufacturers, with potential to expand into globally recognized brands. Will push into new verticals (boats, musical instruments...) after adoption.

Competition

Closest competition: Authentic Wallet. Offer a self-service digital receipt system that doesn't promote manufacturer interaction. Platform doesn't contain any social features such that allow manufacturers and consumers to engage. $1.9M in funding.

Competitive Advantage

Cleo's digital receipt platform allows manufacturers to oversee secondary market actions related to products and customers, thus giving them the intel to generate higher sales and reroute secondary consumers into new primary customers.

Go-to-Market & Revenue Plan

Onboard several beta (and non beta) watch manufacturers. Tailor offerings to their liking and ensure their dependency on platform. After several months, implement a transaction fee model with existing and new manufacturers using the platform.

Additional Information

Our proprietary digital receipts allow manufacturers to add discount and warranty info as well as include specs and exclusive access to private Cleo communities (forums only accessible to receipt holders). Our receipts also enable manufacturers to add a resale royalty provision on futures sales.

Value Proposition

Orqastra, your year-round CPA, uncovers personalized tax-efficient actions and deductions eligible to you, based on everyday financial transactions.

Problem Addressed

The US tax code grew in complexity to 74K+ pages, from 400 in ‘74. Yet tax software innovation hasn’t kept pace and is one-size fits, and most CPAs just process, not optimize filings – resultantly, filers face tax burdens from forgone deductions.

Proposed Solution

We apply tax code logic to financial transactions, continuously identifying tax credits for filers. We embed APIs into fintech platforms, alerting users in real-time. We create filing docs for ease of claiming credits and monitoring tax efficiency.

Progress to Date

30+ PMR interviews, competitive market mapping, user segmentation analyses, identified beachhead market, and v1 of our tax credit database.

Planned Use of Funds

Our projected expenses will contain tax advisory services, OpenAI developer tokens for the creation of tax-credit dataset, the use of full stack developer, marketing for our product, the ability to run experiments like A/B testing, and conferences.

Projected Milestones

Our milestones include identifying a cohort of 10, then 100, beta beachhead users, completing our tax logic database, A/B test advertising and customer acquisition strategies, determine willingness to pay, and solidify our go-to-market strategy.

Market

In the US, over 260M tax returns were filed in 2021, translating to $ 30 billion in annual software spend. Another 70% of “do-it-yourself” software is controlled by TurboTax and H&R Block.

Competition

Of 60+ startups offering various tax services, we consider few “high threats.” These include April Tax, TurboTax, and H&R Block. Our D2C platform focuses on the tax prep value chain components –our competitors focus on the service of tax filing.

Competitive Advantage

Orqastra's competitive advantage lies in the creation of a unique dataset that does not exist in the market. The team's data science and AI expertise. We compete with "Init" by offering easy experimentation, pivoting, and quicker update cycles.

Go-to-Market & Revenue Plan

Identify 100 users who are eligible for similar tax deductions, scan their financial transactions for qualifying credits, and alert users to those savings. Our business model includes a tiered subscription and success fee (% of savings identified).

Additional Information

Kimon and Ibi have been partnering successfully since meeting in StartMIT 2023. We’ve made the aforementioned progress on Orqastra, completed i-Corps, and won 1st place in an MIT-sponsored hackathon. We are forgoing any recruiting to work on Orqastra full-time and will fundraise in the near future.

Value Proposition

Hyper-personalized English Learning for All English Learners - Personalized English protein that fuels your career growth -

Problem Addressed

Current language learning materials lack true personalization, are often irrelevant, and ineffective due to being pre-made and unable to dynamically change with learners' interests and learning status, which can cause detours in the learning process.

Proposed Solution

To overcome the limitations of pre-made learning materials, we propose to combine GPT-3.5 from OpenAI and our original YouTube search engine to create fun and effective learning experiences that are tailored to each user's career.

Progress to Date

We've developed 50% of the app's functions and have released the alpha version for iOS/Android.

Planned Use of Funds

The majority of the funds will be used for API fees, including Open AI's GPT-3 and ElevenLabs's Text-to-Speech. The remaining funds will be used to experiment with the product-market-fit by utilizing Ads with small budgets but repeated testing.

Projected Milestones

In March, we plan to finalize the user experience after incorporating GPT to our app. From April to June, we aim to develop the app and build a potential customer network by introducing key features. Our goal in the next 6 months is to test the PMF.

Market

Our initial focus will be on Japan, where there is a strong demand for English learning. The overall English market in Japan is valued at 5.8B USD, and the business segment is worth 777M USD.

Competition

Our auto-generated learning materials based on users' interests give us a competitive edge in the crowded language learning market. GPT revolutionizes language learning so the speed of deployment and great UX are essential to stand out at this stage.

Competitive Advantage

Incumbents face difficulties abandoning their original learning materials due to prior investments. We have an original engine that incorporates GPT, which provides users with unique learning experiences by utilizing YouTube videos.

Go-to-Market & Revenue Plan

Our main source of revenue will be user subscriptions, with a monthly fee of 7 USD. Our target is to acquire 2,000 premium subscribers by Dec. As GTM, we plan to collaborate with influencers in the English learning market and market proxies.

Additional Information

Value Proposition

Kino AI helps filmmakers process and organize their footage through automatic data labeling.

Problem Addressed

After a film shoot wraps, it takes weeks to manually prepare the footage before editing can begin. Backing up data, labeling and sorting shots, removing sound artifacts – there are countless manual processes hidden behind every production.

Proposed Solution

Kino is an AI assistant for tracking footage metadata and organizing your media assets. Whether you're a YouTube content creator or feature film editor, Kino is here to make filmmaking faster, easier, and more enjoyable.

Progress to Date

We built an online app that hundreds of filmmakers use to search their footage via AI. We're now closing paid pilots with multiple firms.

Planned Use of Funds

We need to hire more contractors and MIT-based software engineering interns to service our growing userbase (we expect 1000+ in the next few months) and our incoming contract clients. We also need small travel funds for NAB and other conferences.

Projected Milestones

Kino will be cash-flow positive by the end of May 2023 via custom service contracts and subscriptions from professional individuals. We will also service 1000+ customers on our TestLab, which will be converted to a downloadable desktop app by May.

Market

There are over 2 million professionals who face the footage management problem every single day. The assistant editor market is $300 million per year, and post-production is $6 billion.

Competition

There are tools for disciplined media management and collaboration, but the work is still extremely manual. Iconik, Master the Workflow, Reduct.Video, and others are in similar spaces.

Competitive Advantage

Our product offering intends to entirely eliminate much of the labor that filmmakers perform inside of the tools mentioned above. While Iconik and others offer a canvas to do work, we eliminate work entirely.

Go-to-Market & Revenue Plan

We will convert our TestLab to a paid beta and then a public product release. Kino will later be sold to professional individuals and entire enterprise accounts through a monthly subscription service. It will also be offered to students for free.

Additional Information

Watch Luke's pitch at MIT here: https://vimeo.com/748389216 Luke: https://www.linkedin.com/in/lucas-igel-01803a117/ Wesley: https://www.linkedin.com/in/wesleyblock/

Value Proposition

Our model allows software developers to perform sophisticated cybersecurity assessments of their code without the years of training it requires today.

Problem Addressed

Cybersecurity is hard. Developers lack the cybersecurity knowledge needed to validate the security of their applications, and automated tools can't emulate sophisticated attacks.

Proposed Solution

We encode expert cybersecurity knowledge in a large language model to empower developers with that knowledge.

Progress to Date

Our prototype has autonomously compromised two "very easy" computers on a popular cybersecurity training website.

Planned Use of Funds

We need funding to pay for MIT undergraduate interns, for a Summer stipend to fund our work on the project full-time, for customer discovery activities, and overhead like legal fees.

Projected Milestones

We intend to compromise computers of higher difficulty and acquire our first paying customers within the next 3-6 months.

Market

We believe we will compete most directly in the dynamic application security testing (DAST) market, which we estimate to be $9B annually based on pricing and marketshare data from competitors.

Competition

Our largest competitor is the "do nothing" option--developers don't have to check if their code is secure. Our DAST competitors include gitlab and burpsuite.

Competitive Advantage

None of the options on the market today truly leverage AI for their solutions. Their products are incapable of producing the creative attacks that sophisticated attackers truly use. Our model will be.

Go-to-Market & Revenue Plan

We plan to layer a number of GTM motions: we will have product-led-growth via a freemium offering to attract developers, but we will have strong inside/field sales and B2G motions for our large customers.

Additional Information

Value Proposition

Our single-solvent plastic upcycling process can convert various PET wastes into high quality PET at lower CO2 emission and cost than others.

Problem Addressed

Our increasing demand of plastics results in ~8 million tons of plastic waste leaking into our oceans and causes 4.5% of the global CO2 output. Recycling can help but current methods of mechanical and even chemical recycling are largely insufficient.

Proposed Solution

Instead of breaking the polymer and converting it to fuel or monomers, our process converts plastic waste into intermediates using a catalyst, a solvent and thermodynamic distillation, yielding high quality plastic with little energy demand.

Progress to Date

3 PhD theses, 10 years tech dev. 1 kg/day lab scale. Tested colored bottles + polyester textiles. Virgin-grade PET output confirmed. Solvent nontoxic.

Planned Use of Funds

Address critical Q towards commercialization, namely: interns screening the market for plastic waste supply and customers, attend plastic conference, website build, incorporation, plastic analysis, reactor parts, and funds for securing the license.

Projected Milestones

- customer interviews, obtain LOIs (letters of intent) - conduct plastic analyses critical for this - finalize patent licensing - incorporate - raise $2M from Angels and VC

Market

Beachhead Market = US Cosmetic Packaging = $150M Follow-on Market = US PET Bottling = $14B, CAGR 3.5% SAM = PET, Polyester, Nylon = $205B, CAGR 6.7% TAM = Non-olefinic Plastics = $298B, CAGR 3.7%

Competition

Big oil is proposing pyrolysis to crack plastic waste back into fuel, then make new polymer from it. Other companies are using full depolymerization to break the polymer. These processes are energy intensive and can have poor yields.

Competitive Advantage

Our process does not break all the bonds in the polymer like other companies are currently trying. Therefore, we use less energy and have higher profit margins while producing the same high quality the plastics market needs right now.

Go-to-Market & Revenue Plan

Our beachhead market is the US cosmetic PET packaging industry given their high profit margins and low FDA regulation. A first high profile customer can help us produce a high publicity demo product 100% from our upcycled, low-carbon PET plastic.

Additional Information

Value Proposition

Making the electrification of homes more affordable and accessible

Problem Addressed

Home electrification is critical to our climate solution but is currently expensive and complex because our electrical infrastructure is dumb

Proposed Solution

Stepwise created an energy management device to unlock unused capacity in the electric panel and digitize the electrical infrastructure to reduce friction in the home electrification process

Progress to Date

We built 2 prototypes that resulted in a provisional patent and interest from 20+ installers and homeowners

Planned Use of Funds

Funds are used to continue customer discovery, build 2 more prototypes, including a high fidelity one for prototyping. Also used for marketing to build up our branding and marketing collateral for official partnership with Energy New England

Projected Milestones

Plan to finish a working prototype and demo by April. We will then build a beta prototype for UL certification, with goal of finishing certification by September. Working towards a pilot partnership with Energy New England and their partner utilities

Market

48M single family homes in the US will require an electrical upgrade to allow electrification (Pecan Street Analyst), representing $1.3B dollar opportunity for disruption.

Competition

Two categories of competitors that are either feature rich and over-engineered (e.g., Span, which costs $12K all in) or bandaid solutions that are only designed to install EV chargers without managing energy usage (e.g., Neocharge)

Competitive Advantage

Unlike competitors, we address a burning pain point around high upfront costs of electrical upgrades and have a clear GTM strategy, which will allow us to scale quickly and develop network effects

Go-to-Market & Revenue Plan

GTM through physical product sales and a software subscription service to homeowners/ utilities. We solve a burning pain around installation costs today by selling our hardware and set ourselves up to be an energy orchestration platform

Additional Information

Value Proposition

Our AI-powered editing software saves content creators hours of time by automatically curating short reels and clips from their long-formed videos.

Problem Addressed

Content creators spend an excessive amount of time curating short reels and clips from their long-formed videos, which can be a tedious and time-consuming process. This can be distracting, lead to a backlog of work and reduce overall productivity.

Proposed Solution

Our AI-powered editing software automatically curates short reels and clips. By using our software, content creators can quickly and effortlessly create high-quality, brand-focused content, while spending more time on their core creative work.

Progress to Date

Reelize has developed multiple AI models that are currently in Alpha. We are currently compiling a list of beta users to begin testing our MVP on.

Planned Use of Funds

Our plan is to use the funds to continue exploring product market fit through acquiring beta users and furthering our market research. Some of the funds will be used to further develop our AI model and features based on user feedback.

Projected Milestones

An MVP that is utilizing a large language model to summarize video, predicted engagement model to understand the most watchable content and a scene boundary model that can clip videos accurately that works primarily on conversational like content.

Market

We are targeting content creators, which makes up 207 million people and the 500 million small - medium sized enterprises that spend on average $20k on marketing each year.

Competition

https://wsc-sports.com/ https://magnifi.ai/ https://vidyo.ai/ https://www.bigroom.tv/ https://www.descript.com/podcasting https://www.chopcast.io/ https://repurpose.io/podcast/ https://vverse.ai/ https://runwayml.com/

Competitive Advantage

We aim to provide an all-in-one solution that combines our large language model, predicted engagement model, generative AI model, and scene boundary detection model. This will eliminate the need for content creators to rely on multiple tools.

Go-to-Market & Revenue Plan

Our go-to-market strategy is to prove our AI can do what we say it can. Once a creative team finds value in what we offer, they will realize we save them a significant amount of time, in which we will move to a pay-as-you-go and licensing model.

Additional Information

https://www.reelize.ai/

Value Proposition

We provide consulting service with excellent business persons like MBA holders to companies at cheaper price.

Problem Addressed

Excellent business persons in Japan endure their low salary and low job titles at the age of 30-40 because it is almost impossible to become an executive once they change jobs. Thus, they can't gain enough salary and experience while they are young.

Proposed Solution

We provide a matching platform between best businesspeople and clients. Business people can gain consultant fee and management experience and the clients take high-quality consulting services at cheaper price.

Progress to Date

We obtained two paying customers for prototype and we collected more than 40 providers who have MBA degrees.

Planned Use of Funds

Our budget request is $10,000. $1k is for registration of company. $2K is for creating website. $4K is marketing cost to obtain clients. $3K is marketing cost to collect providers.

Projected Milestones

We will register the company and create a website. We will complete two consulting projects running as prototypes and then revise our products based on the feedback. Also, we will gain additional 20 clients and 30 providers before MVP launch.

Market

Market is side jobs of business consulting market in Japan. TAM is 1million people consulting on the side, and SAM (only management consulting) is 500K. Our target is only best businesspeople(20K).

Competition

Our competitors are consulting firms, expert consulting, and freelance matching, but the first two are expensive and the latter is low quality. We will provide high-quality but cheaper service with providers who want experience rather than money.

Competitive Advantage

By offering a variety of support and incentives to MBA holders (e.g., training from experienced consultants, multiple revenue streams, tax return support.), we will retain MBA holders as a source of low-cost, high-quality consulting services.

Go-to-Market & Revenue Plan

We will collect more MBA holders through the Japanese MBA networking. To obtain clients, we will use the Junior Chamber networking, where we have actually obtained two prototype paying clients. Our initial revenue plan is $42K per quarter.

Additional Information

Value Proposition

Our unique approach to on-premise energy storage offers savings similar to that of competitors at a fraction of the cost and with none of the hassle.

Problem Addressed

To balance the supply and demand of electrical power, utility companies apply demand charges. With the expansion of renewables, they are rising rapidly. Existing solutions to this issue either amplify CO2 emissions or require trillions of investment.

Proposed Solution

We distribute the investment needed to balance the electrical grid between thousands of businesses by implementing on-site battery packs. Our product can reduce the electric bill by as much as 50%, all while cutting demand-related CO2 output in half.

Progress to Date

We have identified 2 early adopters, talked to over 10 interested customers, analyzed real electricity usage data, and finished the design of our MVP.

Planned Use of Funds

We hope to use the funds to keep running our customer discovery campaigns, attend a manufacturing convention, travel to customer facilities to test their exact electricity usage, and build our MVP to ensure proper function.

Projected Milestones

In the next 6 months, we are planning to collect more evidence of market interest, identify more early adopters, manufacture the MVP, install it at at least 1 pilot facility and analyze the resulting data.

Market

We are focusing on customers with the highest demand spikes. In particular, small to mid-sized manufacturing facilities. We expect $70M annually at a 5% market penetration rate.

Competition

Our main competitors are producers of solar energy storage such as Tesla, SunPower and SolarEdge. While the minimum cost of their battery packs is $700/kWh, our product is estimated at $300/kWh at MSRP.

Competitive Advantage

We make our pack commercially viable by focusing on demand charge reduction only. This lets us develop a simpler design and more optimized software, topped with easy installation, and offer a shorter repayment period of 1-2 years with tax incentives.

Go-to-Market & Revenue Plan

We will employ a shared savings approach which will allow us to circumvent the normally long buying cycle of our target companies. We plan to use 20% of savings for each customer to pay off our investment in 2 years and produce income for another 10.

Additional Information

Value Proposition

We offer an unparalleled mentorship experience for high school athletes by giving them the opportunity to be mentored by elite division one athletes.

Problem Addressed

Very few aspiring college athletes have a family member or friend that they can turn to for relevant mentorship. Additionally, the average division one athlete is making less than $4,000 annually from their Name Image and Likeness (NIL).

Proposed Solution

We created a 2-sided marketplace platform where aspiring college athletes can find highly talented division one athletes for virtual mentorship sessions. This gives young athletes the opportunity to have a mentor and college athletes to monetize.

Progress to Date

Our company has launched in San Francisco, signed NCAA Champions, Olympians, among others, and are releasing their mentorships in March, 2023.

Planned Use of Funds

Most of our funds will be used for marketing expenses and software license fees. We have several campaigns planned for several social media platforms. We also have small lawyer fees that we would like to cover for athlete contracts.

Projected Milestones

We want to generate $10,000 monthly operating profit by October, sign 30 more athletes as mentors, and partner with several colleges within the next six months. Additionally, we want to raise at least $2 Million by November, 2023 as a seed round.

Market

There are currently 6,284,993 high school athletes in the United States. We are specifically targeting parents who believe that their child will play a sport in college (26% believe their child will).

Competition

There is currently no company conducting virtual mentorships at the scale we are right now; however, Masterclass or Opendorse could easily transition into our space. Additionally, Patreon and Burb could move into our market as well.

Competitive Advantage

Our competitive advantage is that we specialize in virtual mentorships with elite college athletes as our mentors and provide an exceptional experience for high school athletes. We have a very specific service that separates us from larger companies.

Go-to-Market & Revenue Plan

Our go-to-market plan is to initially use our athlete's social media pages to promote our company. The people most likely to buy our athlete's mentorships are the people who follow them. Next, we do in person marketing at camps in the summer.

Additional Information

Martin Trust Center Tweet: https://twitter.com/EshipMIT/status/1621259273098625024 Launch Video: https://youtu.be/xuSNKwj9JBw Mentorship Overview Video: https://youtu.be/1_chAu0Vhy8 Blog: https://www.ryanhetrick.com/cgm

Value Proposition

Assist Latam homeowners to enhance their homes through a simple, affordable and streamlined platform that enables them to dignify their living space

Problem Addressed

70% of purchased homes in Colombia alone are delivered completely unfinished. The result is an incomplete system that imposes accessibility and financial barriers for low and mid income home-owners to live more successfully and comfortably.

Proposed Solution

A one stop-shop that facilitates low and mid homeowners access to design, financing and construction services to enhance their substandard units. We leverage data analytics to assess homeowners on the buildout that maximizes their investment.

Progress to Date

38 finished units, first version of the platform running, agreements with 4 major developers and 3 lenders.

Planned Use of Funds

Marketing and sales to finalize proof of concept, and development of additional features in the platform for contractors

Projected Milestones

-Additional agreements with more lenders and housing developers to scale -Development of new feature for contractors - Expand sales and team - Start fundraising -150 finished unit milestone

Market

Beach head market in Colombia is $750M SOM $10.5B DIY home improvement market in Colombia SAM $122B DIY home improvement market in Latam

Competition

Mostly informal "maestros" that are self-employed, there are other competitors in the space but not fully integrated nor aiming to scale via standardization

Competitive Advantage

Tervi has everything that the homeowner needs from design to labor, materials and even financing. The scale element enables us to be more competitive in price also, offering replicable and affordable but yet aesthetic design kits for our customers.

Go-to-Market & Revenue Plan

We are partnering with housing developers that deliver unfinished units to be able to reach more customers concentrated in specific projects which enables us to reduce customer acquisition costs and achieve economies of scale.

Additional Information

https://www.youtube.com/watch?v=mI9rmGOCTjs

Value Proposition

Smart therapeutic wearable ultrasound device to reduce inflammation without the side effects seen with drugs and biologics.

Problem Addressed

More than 50% of patient have scalp psoriasis that is not effectively treated by existing drugs and biologics. Moreover, 50% of patients with psoriasis are reluctant to take existing drugs as the side effect profile do not outweigh the risks.

Proposed Solution

INIA is creating patent-pending smart wearable ultrasound device to non-invasively modulate the immune system with just 5 min of daily treatment that can be implemented at home to achieve better patient outcomes.

Progress to Date

3 patent applications, 1 prototype, established academic and industry partners, recruited dermatologist KOLS.

Planned Use of Funds

Sandbox funding will be further used for product development, internship from MIT, and to support our patents.

Projected Milestones

Initial human and animal POC collection, Seed fundraising.

Market

Our technology applies to a range of chronic inflammatory and autoimmune diseases, in total representing a $100+ billion-dollar opportunity. We first plan to pursue the $26.4 billion psoriasis market.

Competition

There are a rising number of bioelectronics companies treating inflammatory diseases, including SecondWave, SetPoint Medical, Kinex, Sonogenix and Galvani.

Competitive Advantage

First mover advantage, first wearable for systemic inflammation control for psoriasis.

Go-to-Market & Revenue Plan

Class II device regulatory pathway. Our first device will serve as predicate for future products. Revenue is based on monthly subscription of our device. Insurance reimbursement via existing CPT coding and, later, new CPT coding.

Additional Information

Product pitch: https://www.youtube.com/watch?v=kxQBlS7vT-8 1 min pitch: https://www.youtube.com/watch?v=0MXKxgaD-RU

Value Proposition

Soundboard helps sole-proprietors streamline their operations and automate tasks (e.g., billing) so they can focus on revenue-generating activities

Problem Addressed

Customers waste 10+ hours per week on administrative tasks (manual tracking hours, creating invoices, sending reminders, etc.) causing them to leave potential income on the table. Customers also lose thousands of dollars per year in transaction fees

Proposed Solution

A software platform designed for one-person businesses that streamlines client management, time tracking, billing, and task management all in one place to reduce time spent on administrative work and save money on external payment processing fees

Progress to Date

1) Conducted 120 PMR calls to identify pain points; 2) Built MVBP; 3) Ran 50 product demos to generate feedback. 4) Onboarded 21 customers

Planned Use of Funds

1) Run experiments to acquire leads in bulk 2) Deep persona learning through PMR 3) Invest in tools to support our in-house development 4) Attend major association conference in beachhead 5) Hire MIT interns to support sales and product development

Projected Milestones

1) Release new major feature scoped through PMR process 2) Conduct pricing experiments and generate revenue from existing users 3) Build inbound marketing capability 4) Attend major association conference in beachhead market 5) Apply for DeltaV

Market

Focus on beachhead with plan to expand horizontally - Beachhead: Educational Consultants (i.e., College Counselors, other admissions) ~50K in the US. - Broader one-person businesses, ~27M in the US

Competition

Project Collab. Tools (Click up, Asana), CRM Tools (Hubspot, Salesforce), Vertical Specific CRMs (College Planner Pro, Counselmore) – offer specialized services, but are complicated to use with major learning curves, Google Sheets/Excel (substitute)

Competitive Advantage

Laser focus on one-person businesses (simplicity, ease of use, min. learning curve); Low transaction fees (e.g., instant bank transfer and flexible options for credit card convenience fees); Centralization (cover major business aspects in one place)

Go-to-Market & Revenue Plan

To date: Outbound founder sales, free trial + monthly subscription Long term: Inbound marketing drives lead gen and qualification; Support by sales during onboarding (as needed); Work ongoing on pricing/tiering/freemium vs. Free trial + acquisition

Additional Information

https://vimeo.com/joinsoundboard/productdemo

Value Proposition

CryptoClear provides crypto ecosystem ratings and portfolio analysis to help people manage digital assets with confidence. 

Problem Addressed

Crypto risk is too big to ignore.  With the FTX implosion last year, $10B of customer money was lost.

Proposed Solution

We inspect the blockchains to check what is going on under the hood using big data and AI. Our main product is the crypto ecosystem ratings.  We assess the quality of each digital assets from eight key aspects that can make or break a blockchain. 

Progress to Date

We launched our prototype portal and are piloting with “lighthouse” customers.  We won the AWS startup competition and are in MassChallenge Fintech.

Planned Use of Funds

The funding will support our product R&D and data infrastructure development. $7500 - data subscription, $2200 - web development & hosting, $1500 - product video, $2500 - provisional patent filing fee, $1200 - conference, $100 - misc.

Projected Milestones

In the next 3-6m, we plan to complete the digital asset ratings and back testing for an existing pilot project. We plan to file provisional patents. For business development, we target to sign up 10 new customers in our sales pipeline.

Market

Blockchain analytics is a $6B+ market opportunity and grows at 25%/yr. Our beachhead market is investment funds investing in digital assets, estimated to be around ~4000.

Competition

Existing digital asset rating services focus on retail market with rudimentary quality. Traditional rating agencies do not offer service due to regulation. Nobody does blockchain entity ratings nor provide financial risk management.

Competitive Advantage

We use network topology to identify blockchain transaction clusters and unusual activities.  This is our invention. Our core team have collective expertise managing $20B investment portfolios and authoring 14 patents on network performance.

Go-to-Market & Revenue Plan

We leverage our strong connections with leading financial institutions to develop proof-of-concept products and gain recognition in the industry.  We price our service at $1K/m and plan to gain 600 users of 12% of crypto fund market share in 3yrs.

Additional Information

https://cryptoclear.ai/pitch

Value Proposition

FitMe’s consumer body scanners enable customers to accurately track fitness progress and stay motivated on their fitness goals.

Problem Addressed

People often quit on their fitness goals as humans have a natural inclination towards instant gratification. Because it often takes a year of exercise to notice changes in physique, people often never reach their fitness goals.

Proposed Solution

Our company creates a consumer body scanner that generates a 3D model of the user. With our product, users can see exactly what parts of their body change after working out and thus stay motivated on their fitness goals.

Progress to Date

Created a web app as an MVP. Finalized our product, manufacturing processes, and suppliers. Ran ads to get 11.5K impressions and 270+ random users.

Planned Use of Funds

Market the product on social media (Youtube/Google Search Ads, Facebook/Instagram Ads) to get preorders on Kickstarter. Build product inventory to ensure smooth and expedited delivery to Kickstarter backers.

Projected Milestones

Surpass our $10k Kickstarter funding goal. Understand the market through A-B testing to make key engineering and business decisions. Use buzz to raise VC money to run a future large Indiegogo campaign.

Market

At $36.34 B in 2020, the global fitness tracker market is projected to grow 315% by 2028. With our product costing $499, our beachhead TAM of young, busy, intermediate fitness enthusiasts is $100 M.

Competition

Users currently track their fitness progress using Dexa scans (costly and require in-person scheduled visits), a tape measure (time-consuming and inconsistent), or progress photos (hard to interpret and inaccurate).

Competitive Advantage

FitMe is cheaper than a Dexa scan as it allows you to take unlimited scans at home. FitMe is more consistent and easier to use than a tape measure. Finally, FitMe is more accurate than progress photos as FitMe’s depth sensors have 0.5mm accuracy.

Go-to-Market & Revenue Plan

Bootstrap and run a successful Kickstarter through a grassroots method. Use social media marketing to target our specific audience and build reputation, brand, and credibility. Create a referral program and partner with small influencers.

Additional Information

FitMe Kickstarter and Demo Video: https://drive.google.com/drive/folders/1lVOSl4014x_TO9V-tGSHx3SLa7M9CdOV?usp=sharing

Value Proposition

Spheric Bio will enable on-the-fly, minimally-invasive fabrication of soft customized medical implants for optimal, patient-specific stroke prevention

Problem Addressed

Left atrial appendage occlusion is a promising solution for stroke prevention. However, many patients are sub-optimally treated with high complication rates because the existing devices cannot match each patient’s unique anatomy.

Proposed Solution

We will use our technology to build soft, biopolymeric implants that perfectly conform to the unique size, shape, and mechanics of each patient's LAA, thereby achieving atraumatic and patient-specific LAA occlusion for idealized stroke prevention.

Progress to Date

Participated in NE I-Corps; explored problem-solution fit; developed materials and deployment tools; obtained benchtop proof of concept demonstrations

Planned Use of Funds

Further customer discovery/segmentation and product-market fit; iterative product prototyping and benchtop testing toward MVP for preclinical validation; team-building and team/product management capabilities; definition of path-to-market and exit

Projected Milestones

Iterative product design and customer validation; development of material fabrication pipeline, seal/stabilization mechanisms, and fully integrated MVP; management of team build-out and activities/deliverables; refined regulatory path-to-market

Market

Atrial fibrillation (AF) increases stroke risk by 5X, and >90% of strokes originate in the left atrial appendage (LAA). The LAA occlusion market is growing at ~20% CAGR, will reach up to $8B by 2031

Competition

Boston Scientific is the market leader with the WATCHMAN - the first FDA-approved LAAO device. Abbott recently gained FDA approval for their Amulet LAAO device. Conformal Medical is a clinical-stage company with their CLAAS device in a pivotal trial

Competitive Advantage

Current devices are round, pre-fabricated in pre-defined sizes, with permanent metallic components, leading to poor outcomes, high risks, and failed stroke prevention. We will provide atraumatic, optimized LAAO for each patient’s unique anatomy

Go-to-Market & Revenue Plan

We’ll pursue PMA Class III device approval in the US, with an initial EFS trial. Long-term, we aim to partner with an established medical device company (by licensing or by acquisition) for further trials, manufacturing, distribution, and sales.

Additional Information

https://youtu.be/nNyMuAcSoyE

Value Proposition

Tijolinho platform streamline the process of requesting for quotes of construction materials.

Problem Addressed

-The manual process and many decision variables, make them both spend hours assembling the information. -Small errors can lead to significant losses. -Price flotation every week and a big difference between suppliers.

Proposed Solution

-Connect with vendors and make sure to get their replies, savings in time and money through multiple options -Easy-to-understand dashboard with the answers allows easy decision making -No manual work and a AI, we eliminate errors and decrease losses

Progress to Date

PMR and features of first version are settled. We performed a manual MVP and have customers willing to pay for the solution.

Planned Use of Funds

1) $1000 for PMR 2) $1500 for travel 2 people, field experiments and map the region where we will launch 3) $3000 Product dev 4) $1500 brand 5) $1000 legal

Projected Milestones

1) Map the city for the MVP 2) Identify technologies and infrastructure 3) Development Beta version: recruit clients and test 4) Brand development 5) Beta and feedbacks 6) Identify the company's monetization method August: Launch paid version

Market

- R$332B sold in materials in 2020, 31.8% of those sold to retail Target customers: - 120K construction companies with <20 employees - 98K small and specialized construction material's stores

Competition

We have some direct competitors that does this process manually. They rely in a call center team to call vendors and plot their answers. We also compete with our clients who today need to either hire someone to do or do it by themselves.

Competitive Advantage

We are fully automated, easy to use only require whatsapp, and allow for multiple quotes in just a few clicks with no effort

Go-to-Market & Revenue Plan

Go-to-market start with focus in the buyers and grow by regions. Our business model includes a 1% fee and an annual service value, with a projected revenue of over R$150M per year.

Additional Information

Value Proposition

We save mental health clinicians ~10 hours/week by transferring patient intake and onboarding to our unsupervised VR platform in clinic.

Problem Addressed

There is a critical shortage of clinicians in mental healthcare, professionals are overwhelmed, over half of them are declaring burnout and clinic waitlists are growing with an average wait time of 10 weeks for adult therapy.

Proposed Solution

We automated intake and onboarding of new patients for clinics using our highly immersive virtual reality based program. The 5 unsupervised sessions include assessments, psycho-education and stress reduction for patients with symptoms of anxiety.

Progress to Date

6 Letters of Intent with clinics, 2 pilots planned with clinics, 4 VR environments created, incorporated, MVP built for IRB approved trial in March.

Planned Use of Funds

To start our in-clinic pilot we need: 120 participants for current trial $6000, Empatica Embrace Plus x2 $1000, Mindfulness/Marketing audio $1500, Domain and software costs $1000, Hardware to use in clinics $7000, Annual Trauma Conference $2000

Projected Milestones

Conducting 1st research trial March into Apr 23. First pilot in Dr Singer's Clinic starting April 15th. Achieve first pre-payment by May 23, and our first publication at the same time. Followed by paid pilots at MGH, VA, and EAP programs.

Market

For our total US TAM, we project $25B - isolating our beachhead market as: medium-to-large private clinics (not including sole practitioners) in the Boston metropolitan area, our BHM TAM is $16.2M.

Competition

Our competition is mainly focusing on D2C stress reduction (TRIPP VR) and exposure therapy with VR (Amelia Virtual Care) or Pain management (Applied VR) all are not really tackling pain points (except Applied VR) with a really low product quality.

Competitive Advantage

We focus on the clinician, saving them time through frictionless & highly immersive VR intake & onboarding, enabling them to see more patients supported by unique multi-modal risk assessments that provide data to improve patient standard of care.

Go-to-Market & Revenue Plan

We are a B2B SaaS: Pilot 1 leads to 1st Prepayment, follow-on Pilots at MGH, VA, and EAP programs leads to follow-on prepayments. Then product launch with a: Per Therapist Yearly Subscription to our platform with a % cut per therapy session.

Additional Information

Visit our website at www.augmend.health where you can learn more about our technology. We are also proud to be semi-finalists in the Harvard PIC challenge. We are also currently applying for SBIR funding from the NSF after completing their I-Corps programs.

Value Proposition

Only ones in the market to create cheap and efficient lithium-ion powerbanks from multi-Chemistry/Brand “dead” batteries provided by recyclers

Problem Addressed

Lithium ion battery waste is a major issue in the US, with only 5% recycled and less than 0.1% tested for reuse. Improper disposal can lead to toxic chemical contamination of soil and water, posing risks to the environment and public health.

Proposed Solution

Our solution to lithium ion waste is testing and intelligent assembly for reuse. We've found that over 60% are still usable, reducing e-waste and conserving resources. This also lowers greenhouse gas emissions, benefiting the environment.

Progress to Date

Partnership and willing to work with 3 battery collectors in the US. This will provides a sustainable supply over time.

Planned Use of Funds

We are seeking funding to support the development of a working 5 kWh prototype. The funds will be used to cover the costs of developing and testing the prototype, as well as the expenses associated with securing a suitable warehouse.

Projected Milestones

Have the prototype already implemented and testing with a potential customer. Close a bigger supply from the recyclers in order to provide a scalable product. Patent the AI multi-brand/chemistry dedicated software

Market

The global and US li-ion battery market size was valued at USD 43bn and 8bn, respectively in 2022 (CAGR'22-'30 18.1%). Energy storage (ES) represents 14% of the Li-ion market, US ES market size is 1bn

Competition

Traditional Power walls Suppliers: Tesla, LG, BYD, Blue Planet Energy, Eguana Technologies, Pika Energy, SimpliPhi Power, Trojan Battery, Electriq Power.

Competitive Advantage

We are the only with mixed brand/chemistry batteries. The partnerships with the collectors will provide us batteries that drive an expected cost advantage of 70%. We also have the first mover advantage and plans to build a dedicated mixedCh. software

Go-to-Market & Revenue Plan

We plan to offer our product to PV installers companies, with a broad consumer base, initially targeting Massachusetts, Texas, and California. Revenue plan 2mm in 2024 with CAGR 40% between 2024-2030

Additional Information

We believe that the milestones are achievable within the timeframe, and we are confident that with the support of the Sandbox funding, we will be able scale our product and achieve success. We have supply from recyclers, now its time to add value to battery buyers by reducing the planet waste.

Value Proposition

Chambeando helps homeowners find home services' providers that have been recommended by other members of their community (e.g., apartment building).

Problem Addressed

Most home services providers in Latin America are informal workers that operate in a low-technology 'gig' economy where word of mouth hasn't been digitized, creating search costs or homeowners and reducing job opportunities for informal workers.

Proposed Solution

Aggregate and digitalize recommendations of informal workers, create digital groups for real-life communities and provide a search engine for homeowners to find workers that have been recommended by other members of their communities.

Progress to Date

Successful MVP: launched in 400 house gated community in Lima, >1,000 unique visitors, 200 contacts, 40 workers contacted.

Planned Use of Funds

Main objective is to create groups on the platform for existing communities. Funds will be spent on marketing (software, sponsored posts and business development) and new groups programming (engineers and scraping software).

Projected Milestones

-Create 100 groups in Lima and first group in Bogota -Incorporate 20,000 homeowners and 5,000 workers -Achieve 2,000 MAU -Acquire first paying advertiser

Market

$200B home good and equipment commerce market in Latam ($16B in Peru). $2B-$10B estimated ad expenditure in home goods and equipment in Latam.

Competition

-Home improvement retailers offer installation services. -Massive facebook groups dedicated to sharing recommendations for workers. -Community whatsapp groups for general communication that are used sometimes to ask for worker recommendations.

Competitive Advantage

Database of informal workers and social graph created by groups in our platform have network effects that can't be easily copied or bought.

Go-to-Market & Revenue Plan

We are creating digital groups for existing communities and leverage their existing social media groups to promote Chambeando and scrape worker contacts. Revenue will come from ads from home improvement retailers and direct commerce in our platform.

Additional Information

Value Proposition

With Ginger, we are using technology, design and AI to create a new, improved and personalized banking experience for SMEs.

Problem Addressed

In a country where 81% of the population is unbanked, Senegal's financial services industry is plagued by its inefficient processes, high fees, and lack of financing, particularly as it relates to SMEs, which represent 97% of all enterprises.

Proposed Solution

Ginger aims to provide digital banking services for SMEs in Senegal. We are creating a dedicated one-stop platform for entrepreneurs to open accounts at zero fees, integrate with mobile wallets and access financing through our AI credit scoring model

Progress to Date

Throughout the past few months, we conducted PMR, defined our solution and business model, and studied the regulatory requirements.

Planned Use of Funds

Our focus over the coming months is to start building Ginger’s digital presence. As we're building a team and looking for partners, we plan on using Sandbox's funds to primarily help with the process of creating a domain, website and prototype.

Projected Milestones

Milestones within the upcoming 6 months: - Find a CTO and start building a team. - Define market entry strategy and customer acquisition strategy - Start MVP build process

Market

- SOM of $291.9M: Senegal as a beachhead - SAM of $1.9B: WAEMU region, comprising 8 countries with the same currency, regulations & Central Bank - TAM of $24.4B: Expansion in the broader Africa region

Competition

There are no digital banks in Senegal. The FinTech landscape constitutes of microfinance institutions providing loans to SMEs, FinTech startups offering payment services, and mobile money operators providing peer-to-peer services and bill payment.

Competitive Advantage

1) Partnership opportunities with mobile money operator 2) Integrated wallet connecting different mobile money wallets to bank accounts 3) AI credit scoring model, using non-traditional sources of data (eg. phone data or mobile money transactions)

Go-to-Market & Revenue Plan

As we're thinking about how to capture this market, we are planning on adopting a subscription/freemium model, dependent on the number of transfers and withdrawal amounts per month, to accommodate SMEs with different banking needs.

Additional Information

Value Proposition

Discovering and synthesizing low-cost, safe, and sustainable catalytic materials for methane capture to help meet carbon reduction targets

Problem Addressed

Methane is the second largest GHG in the world, contributing about 17% to global warming, but there is currently no effective technics to capture low-concentration methane.

Proposed Solution

We focus on high-throughput quantum mechanics calculations and using machine learning models to aid the discovery of novel catalytic materials for direct methane to methanol conversion.

Progress to Date

Forming the interdisciplinary team; PMR for refinery & petrochemical industry; Initial AI algorithm for predicting and calculating material structures

Planned Use of Funds

quantum chemistry package2000 Chemistry experiment materials 2000 Primary market research firm 8000 Legal fees 1000 Advertising & Marketing Brochure and advertise 2000 Travel & Conferences 2000 Other expert consulting fees and other fees 1000

Projected Milestones

PMR of technology and cost of competitor solution of capture methane; AI algorithm for material discovery and experimental validation

Market

Major oil companies made commitments for methane capture, these energy giant have an increasing impetus to alleviate methane pollution. We also focus R&D for major chemical and material company.

Competition

Traditionally, the discovery of new catalysts is achieved in wet labs with a trial and error process. It is rather slow, costly, and would usually fail hundreds of times before success.

Competitive Advantage

Through the combination of high-throughput quantum chemistry and artificial intelligence, our team have built an intelligent high-throughput computation pipeline and synthesis platform for novel catalytic materials.

Go-to-Market & Revenue Plan

we will first focus on customer based R&D project, then we will based on industry experience to bulid platform for catalytic materials discovery, then we will finally on-the-fly platform for material discovery and synthesis platform for end product.

Additional Information

Value Proposition

We help women make fertility and reproductive decisions with confidence.

Problem Addressed

There are a million decisions to be made on the fertility journey today and no support. The experience is chaotic, disempowering, and difficult. Only 25% of the 30M women in the fertility market today even get access to services.

Proposed Solution

We help women make fertility decisions with confidence. Our AI/ML enabled decision-engine leverages baseline health information and the largest fertility data network globally to predict outcomes and generate customized action plans.

Progress to Date

- exclusive partnership with largest fertility data network in the world - mvp developed - prototype in development - digital assets developed

Planned Use of Funds

Business Development & Marketing ($2500) Digital Platforms (MIRO, Notion, Canva, Typeform, Webflow) ($1500) Engineering & Consultations ($1000) Attending invite-only national healthcare conference NextMed ($4500)

Projected Milestones

$20K in revenue 500 waitlist (50+ on first day of launch) 100 suppliers for marketplace

Market

- Growing at 16.2% CAGR - $30B total market - Huge demand (extremely high) / supply (extremely low) aysmmetry - Mostly producer surplus

Competition

Alife, CoFertility, ModernFertility, BUNDL, etc. We are differentiated on data and AI/ML.

Competitive Advantage

- we have exclusive access to the largest fertility data network in the world (1.2M+ real world outcomes) via our partners

Go-to-Market & Revenue Plan

Beachhead: Boston area graduate women (50,000 women) via Clinics, University Medical Centers, Campus Events, WhatsApp, Slack, Snapchat, Discord, and more. Traction: Campus presence at Northeastern, Bentley, Babson, Tufts, Harvard, MIT, BU, BC

Additional Information

www.loamy.info

Value Proposition

Pairly automates data integration for climate & ESG data. We eliminate manual collection, boost auditability, and provide accurate data in less time.

Problem Addressed

The hardest part of disclosing corporate carbon emissions—data collection—is still unsolved. Corporate sustainability leaders spend too much time emailing suppliers, parsing utility bills, and copy pasting to get primary data into a platform.

Proposed Solution

Pairly simplifies corporate sustainability by integrating climate data and ESG platforms. Corporate sustainability leaders now easily manage data from various sources, enabling accurate tracking and reporting to help achieve sustainability goals.

Progress to Date

Pairly has closed 3 pilots, with 5 more pending with ARR between $1K-$5K. We've launched, conducted > 100 calls, and built several experimental MVPs.

Planned Use of Funds

We allocated $1,440 for software tools, $1,024 for sales & marketing, $500 for customer meetings, and $1,000 for an engineer to accelerate pilot completion.

Projected Milestones

We aim to close 10 pilots, hit success metrics, achieve $100k ARR, and fundraise seed round in August.

Market

Carbon accounting industry has a $1.5B TAM. We'll start with US meat producers and expand to food & beverage and manufacturing firms, with a beachhead market size of $757 million.

Competition

Zapier-like API competitors that do data integrations; Arcadia + Utility API which do utility data integrations

Competitive Advantage

Our competitive edge over Zapier-like companies is our focus. ESG data is fragmented across hundreds of sources and it takes time to build a data moat. To defend against Arcadia-like platforms, we are differentiated in our target customer base.

Go-to-Market & Revenue Plan

Our go-to market is sustainability leads in the US food and manufacturing industries. Validated with 100+ leads, we onboarded 5 beta users and plan to build a core product with crucial features. In terms of revenue, we are a subscription SAAS model.

Additional Information

https://nectarclimate.com

Value Proposition

Skoshy empowers digital assets sellers by offering one-click checkout to increase their customer reach and sales conversion.

Problem Addressed

FMCG and luxury brands have been launching digital assets to stay relevant to consumers and build communities. Consumers are interested but the current purchase process is fragmented with poor user experience and leads to fatigue and high drop-off.

Proposed Solution

Skoshy offers seamless one-click checkout to digital asset sellers, secured digital asset storage for buyers with cross-chain interoperability.

Progress to Date

5 clients on the waitlist (with over 20,000 users to be brought to the platform). A prototype with front-end development. $15k external funding.

Planned Use of Funds

$8K Engineering$6K Prototyping$6K software subscription $4K Payment partnership $8K Research and advertising

Projected Milestones

MVP wallet in working beta to acquire 5 beta customers

Market

Global digital marketing spend at $409 billion in 2022. TAM (5% fee) at $20 billion.

Competition

Moonpay, Crossmint, Stripe

Competitive Advantage

We have a strong understanding of Web3 commerce. We are supported by an accelerator in Netherlands which has wide and close connection with Fashion brands and Sport clubs.

Go-to-Market & Revenue Plan

We partner with tokenization platforms to launch and scale our product. We target to get to recurring $20k monthly revenue by end of 2023. To achieve that, we will need 2 clients with 500 users.

Additional Information

Value Proposition

Reduce the risk of being infected; Reduce testing and healthcare costs; Reduce lag time of current analysis; Reduce ventilation costs.

Problem Addressed

Unfortunately, there is a continuous risk for the spread of infectious diseases (one major epidemic every 2-6 years). Timely actions to reduce the spread can be taken only if the pathogen detection is sufficiently fast and sensitive.

Proposed Solution

We propose an integrated, automated, and portable device for rapid detection of airborne pathogens. Our device would drastically reduce the lag time between sampling and the end of analysis compared to the current solutions available on the market.

Progress to Date

1) Characterized and optimized each step of the process; 2) Started customer discovery process.

Planned Use of Funds

We would like to use the additional funds in order to develop a proof-of-concept prototype. The prototype would be critical to conduct pilot tests and collect data that can be brought at our interviews to show the efficacy of our device

Projected Milestones

M1: Integration and automation of sub-systems for deployment; M2: Keep conducting primary market research these activities will be conducted in parallel and they should be concluded by summer 2023

Market

TAM: U.S. Infection Control Market = $ 50 B; SAM: U.S. Airborne Sensors Market = $ 4 B; TM: U.S. Airborne Sensors in Healthcare Facilities = $ 200 - 400 M

Competition

Competitors = CHAI Bio Company (US) Smiths Detection Company (UK) Poppi (USA/Canada)

Competitive Advantage

1) They do not conduct on-site analysis: extremely long lag time 2) Devices quite expensive 3) Sensitivity not clearly stated. We have an enrichment step that allows us to detect viral concentrations in air that are really low, but still dangerous.

Go-to-Market & Revenue Plan

Business Model Option: 1) Direct sales/leases. Pro: higher revenues. Cons: Need to develop sales channels and logistics. 2) Sales through HVAC OEMs. Pros: Broad customer access. Cons: Lower margins.

Additional Information

Value Proposition

Our device lowers the time required for in-dental-office whitening treatments from 45 minutes down to less than 5

Problem Addressed

Drugs and cosmetics applied to the teeth diffuse slowly and shallowly due to the highly-mineralized outlet layer of the enamel. All current treatments require repeated and long application times to achieve continued and effective results.

Proposed Solution

We are developing a device to deliver any chemical deeply and rapidly into the dental enamel to provide faster and more effective dental treatments.

Progress to Date

100 interviews with dentists has validated our value proposition related to whitening

Planned Use of Funds

Purchase of equipment and consumable materials to perform in vitro validation of faster whitening

Projected Milestones

Validate faster whitening, solicit letters of intent to purchase from >10 dentists, MIT DeltaV and prototype development, raise seed round funding.

Market

TAM for in-office whitening treatments is $3B, cosmetic and general dentists who purchase whitening gel and auxiliaries for these treatments.

Competition

Phillips Zoom whitening, KoR whitening, and Opalescence teeth whitening--all requiring 45 minutes of peroxide contact time for best results (~7 shades in one treatment).

Competitive Advantage

Proprietary IP (to be licensed) for process that can delivery whitening hydrogen peroxide as deep as topical application in 10-times less time.

Go-to-Market & Revenue Plan

Revenue made through sale of device and consumables through partnership with wide-reaching dental distributors. Initial marketing targeted to cosmetic-focused dentists who aren't accepting new patients--those who value their time the most.

Additional Information

Value Proposition

We automate banks' manual back-end process of asking for more information on cross-border payments, when these are stopped due to sanction screening

Problem Addressed

Around 0.2-1% of 24 trillion Global cross-border payments get stopped by banks due to sanction screening and payments get delayed by 5-20 days and cost banks around $160-200+. Client experience is negative as this process is manual.

Proposed Solution

We have designed a technology solution to automate this manual process (using AI, RPAs and APIs), reducing banks’ costs to zero and time to less than a few mins. This solution is standalone and independently deployed to banks.

Progress to Date

We have validated the problem, with 5 to 8 banks and are in discussions with one of the global banks on MVP features, and post LOI we will raise funds

Planned Use of Funds

Major costs are for building prototype for our presentation to 3 global banks: HSBC, Citi, JPM. Apart from that some summer allowance, conference fees and website hosting, etc.

Projected Milestones

(1) Prototype development by mid-April (2) Presentation to banks by end April (3) LOIs from at least 1 bank by end of May (4) Raising funds from friends and Angels by end of June

Market

Global TAM for this solution is around $1.4Bn. Our first planned customer (HSBC) can generate us between $5-15Mn, depending on fee arrangement and markets rolled out.

Competition

There are no competitors in the market as per our information. SWIFT has come up with a solution, which automates part of the problem however its not a complete solution. Banks are looking for a solution and then will not create it themselves.

Competitive Advantage

We have subject matter experts from the industry who have designed an end-to-end solution. We don't ask banks for any upfront investment but only part of the value we create. Our solution utilizes AI/RPAs and AI in a unique and differentiated way.

Go-to-Market & Revenue Plan

Our plan is to charge clients an annual software licensing fee and then a per transaction fee. First 3 months of pilot are free for up to 50 clients onboarded, and then we expect a 3 year contract based on per Request for Information transaction.

Additional Information

Value Proposition

Realize is digital experience that helps homebuyers and agents navigate the home purchase process, together.

Problem Addressed

7.3 million people who bought a home last year were unhappy with their purchase experience yet more than 40% of brokerages say keeping up with technology is the biggest hurdle they face.

Proposed Solution

Realize provides a seamless digital experience, improving transparency and enabling buyers to self-serve, increasing homebuyer satisfaction, while serving agent's tech needs with automated integrations, intuitive UI, and cross stakeholder engagement.

Progress to Date

We performed extensive market research, created mockups, validated user interfaces and user flows with potential customers, and just launched waitlist

Planned Use of Funds

Licensing fees for MAR and GBAR forms, and API access to Pinergy (MLS data) in order to create our proof of concept, demonstrate ability to reach our target customers, and find signal on market appetite for follow on functionality

Projected Milestones

End of April: Build out waitlist, develop proof of concept, Beta test POC End of May: Launch POC, Iterate on GTM marketing End of June: Launch 'mvp' functionality options, gather data points on functionality usage, Fundraise pre-seed

Market

We are targeting the 75% of agents that work individually and don't use a transaction management tool. This is ~300k agents, making our beachhead market $360M ARR, and TAM at more than $2B ARR

Competition

Right now there are existing transaction management tools, transaction coordinators who fulfill the transaction management portion of our value proposition. Some small startups have a version of smart contracts, but not full automation.

Competitive Advantage

We are an end-to-end solution that will offer only the most critical workflow management functionality that individual agents need, leveraging automation & integrations that reduce need for additional products.

Go-to-Market & Revenue Plan

Primary revenue streams: - Transaction management SaaS monthly seats - Lead generation from buyer education site to on-platform agents - Lead generation from accepted offers to insurance providers & loan officers - Ad revenue on Vendor Marketplace

Additional Information

Value Proposition

Platform that connects home-cooked meal cravers with passionate home chefs based on distance & time & meal type

Problem Addressed

Home Cooked Food Delivery is largely an inactive market Several individual ads are placed by home chefs and food cravers on Facebook classified today. However, finding a trustworthy match is time consuming and limits choices/options available

Proposed Solution

Real-time matching with home chefs Know the Chef feature: Background, passion, ranking, rating No pre-order required Complete meal delivery Community of passionate home chefs Sharing and Ranking of Food Experience

Progress to Date

Conducted survey & interviews across groups Finalized Beachead Market Finalized Basic Functionality for MVP Approached by an early stage, pre-seed VC

Planned Use of Funds

Execute and Build MVP, Run Pilot on Beachhead Market, Legal Advice, Incorporation, Connecting with payment services and delivery service applications

Projected Milestones

Completion of Basic MVP & Pilot Legal Disclaimers added Connections with payment & delivery services completed

Market

Food Delivery App is $26Bn Market/50MM users and is projected to reach US$ 53.5 billion in 2027 CAGR of 12.5% during 2022-2027 Food Next Door Market Size: 0.2% of the total market

Competition

Shef, Cook Unity

Competitive Advantage

Real time ordering and Gamification functionality for Chefs

Go-to-Market & Revenue Plan

$86MM by year 5

Additional Information

Value Proposition

Fresh, Healthy and Sustainable farmed goods direct from farm to end customers.

Problem Addressed

The urgent unmet need that Latin American consumers have to consume fresher and more sustainable food.

Proposed Solution

We partnership with small and medium producers and bring their products to high-end customers in big cities. The value proposition is to bring fresh and reliable food with reduced packaging, many conveniences, improving revenue distribution and more.

Progress to Date

We've done a pilot and several experiments. Collected a lot of data, developed an initial version of platform and refined the business plan for scale.

Planned Use of Funds

We'll invest in digital marketing, more experiments, refining the platform's UX and functionality.

Projected Milestones

1- Product Market Fit: First 1000 customers with all apparatus needed to serve such customer base and healthy unit economics. 2- Executive leadership: Bringing in the Co-Founders and Core Team Full time and hire complementary needed team.

Market

Initial market (BHM) are 15% Highest net worth families in São Paulo. Making conservative estimates such BHM worth $ 125 Million in revenue. Expanding to Brazil only with 15% HNW > $ 4.5 Billion.

Competition

When we started there was no competition. Currently, a few companies are competing in the broader space. However, no other company offer the same value proposition: Fresh Farmed Goods, Direct To Consumer, Via Subscription, with customizable baskets.

Competitive Advantage

Knowledge: We're exploring this market for a longer time, getting to know better the whole value chain and much better the problem and consumer needs.

Go-to-Market & Revenue Plan

Initially we're launching with digital marketing targeted via Facebook ADS (CAC < $4). Raw margins are above 65% and our product is distributed via subscription model, making an expected revenue stream of about $ 33k/ month with 1000 subscribers.

Additional Information

https://youtu.be/ChJ4rn0LV54

Value Proposition

Our Terahertz CMOS phased array technology is a hyper-miniaturized and low-cost imaging radar unlocking completely new sensing modalities.

Problem Addressed

We're addressing the $70B weapons and contraband detection market, building a future where weapons and threat detection is ubiquitous and blends into the background.

Proposed Solution

We are building a full stack solution to provide advanced detection of threats using portable and discreet radar imagers that can be hand held or placed in early warning situations such as ingress points, enabling designated personnel to intervene.

Progress to Date

We are currently working on go-to-market strategy, selecting our beachhead market. We have interviewed over 100+ customers and users.

Planned Use of Funds

We plan to use our funds to build out our go-to-market strategy. We will conduct ad experiments to build out our beachhead market. We will build out our explanatory video and graphics and pay for chip design software.

Projected Milestones

Select beachhead market and build out go-to-market strategy. Raise a pre-seed round. Design the transceiver portion of the radar.

Market

Weapons and Contraband Detection is a $70B market with a ~7% CAGR.

Competition

Evolv is the main competitor in the weapons detection space but their technology works off magnometers and has trouble with laptops and other devices. Thruvision works in loss prevent, an adjacent market but very simliiar.

Competitive Advantage

Our advantage revolves around the SWAP-C characteristics of our design. Because we use CMOS manufacturing processes for our chips, we can utilize the advantages of scale provided by chip foundries. We also can see through dielectric materials.

Go-to-Market & Revenue Plan

In the works! Generally based off a subscription based model.

Additional Information

https://tcrn.ch/3Ixi52y

Value Proposition

The LCM turns boats into high-capacity harvesters to avoid seaweed invasions in the most cost-effective form while allowing its use as raw material.

Problem Addressed

two: Sargassum seaweed invasions are causing economic losses, environmental and health damage to Caribbean coastal communities, while synthetic fertilizers, part of the sargassum problem, are harmful to the environment and expensive.

Proposed Solution

From climate crisis, to waste management, to value-add products. The LCM system harvests at scale the seaweed, providing employment to coastal communities and mitigating ecological damage. The harvested sargassum is then used to produce biostimulant

Progress to Date

2021 launched LCM for tourism, work in 3 countries, shipped 5 containers to Finland, trained 70+ fishermen, 30+ agreements, internal R&D backed by UK

Planned Use of Funds

The funds will be used to expand R&D efforts for biostimulant development, expand the market research, marketing, and go-to market plan, and increase the financial reediness to have the harvesting as a standalone for biostimulant production.

Projected Milestones

SOS Carbon will develop a production process for biostimulants that can be scaled to an industrial level, produce version 4 of the LCM, and build a go-to-market strategy and regional reach by partnering with leading fertilizer distributors.

Market

The global market size for biostimulants is expected to reach $5.5 bn by 2027 and the seaweed based to reach $1.7 bn. The Caribbean spends $120 million+ annually on cleaning up sargassum seaweed.

Competition

There are other companies producing organic fertilizers and addressing the issue of sargasso seaweed invasion (using conveyor-based machines), but none that have the same circular business model and partnerships as SOS Carbon.

Competitive Advantage

include: a) extensive operational and regional knowledge, b) strong relationships and collaborations with stakeholders, and c) the LCM system for sargassum harvesting, enabling cost-effective and sustainable production of seaweed-based biostimulants.

Go-to-Market & Revenue Plan

SOS Carbon work with tourism groups to provide coastal environmental sanitation services and licensing and will sell its organic biostimulants to leading fertilizer distributors as market entry to then also sell directly to the agriculture sector.

Additional Information

https://www.instagram.com/reel/CiA8O8MAQ0w/ https://dominicantoday.com/dr/local/2022/12/28/british-embassy-in-the-dominican-republic-will-develop-education-and-transformation-programs-for-sargassum/ https://news.mit.edu/2022/mit-entrpreneurs-think-globally-act-locally-0225