151002 admitted startups by sector
Transcription
151002 admitted startups by sector
ItaliaRestartsUp 2015 - Start-ups Macro-sector Agriculture, food and beverage Sector Agriculture, food and beverage COMPANY NAME HK HORTICULTURAL KNOWLEDGE SRL WEB SITE http://www.hkconsulting.it REGION Emilia Romagna Powered by ACTIVITY CODE - Codice AT 74.90.11 DATE OF INCORPORATION 29/07/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Apple and pear fruit growth monitoring and forecast system PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM HK was founded by:Zibordi Marco and Pierpaoli Emanuele (HK full time managers)Corelli Grappadelli Luca: Unibo Full ProfessorManfrini Luigi: HK president, Unibo researcher Morandi Brunella: Unibo researcherLosciale Pasquale: Cra-Sca researcher YOUR VISION To be the global leader that growers look to for support in horticulture technology, information services. We want them to know that their profitability, sustainability and success in the field – and community – is what drives us every day. YOUR MISSION We will focus on using innovative horticultural practices to make fruit crop production more profitable and sustainable. We will protect and maintain a reliable food supply by bringing to use innovative agricultural tools and technologies. YOUR PROJECT Daily fruit growth rate is the result of complex interactions between tree and environment. Total income depends on size class distribution, average fruit diameter and total production. The service can be used for every apple and pear cultivar.HK monitoring service allows growers to use fruit as a natural sensor. Thanks to Calibit (http://calibit.it/en), grower can measure the necessary number of fruit needed to monitor one hectare, in only 15 min. Then data are sent to PerFrutto, the web page which real-time analyses them, builds fruit growth curve, shows growth velocity and forecast total yield and size class distribution well in advance.With traditional production system, these informations are available only at the end of the season, making impossible to understand the effectiveness of decisions taken all along the growing season. PerFrutto is a decision support system which allows growers to know now which will be the coming production and giving them the chances to evaluate the efficacy of any agricultural practice (irrigation, thinning, fertilization, etc.) NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS no patents COPYRIGHT no copyrights venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 1 of 211 MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 192.000.000 Italy: 1.7%Abroad: 0.13%World: 0.26% No direct competitors until now.There are some comparable as like AgFirst (NZ), Farmers Business Network, Inc (USA) and other irrigation management companies. COMPETITIVE ADVANTAGE Our service gives forecast for fruit production and also a decision support system for irrigation scheduling.We have already developed specific tools:Calibit, external memory digital calliper- PerFrutto, web page for real time analysis HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 90 FROM WHOM? venerdì 2 ottobre 2015 BANK LOAN (POR-FESR) www.innovationitaly.it/en/ Page 2 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME 3ND Srl WEB SITE https://www.vino75.com REGION Toscana ACTIVITY CODE - Codice AT 47.91.1 DATE OF INCORPORATION 09/02/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION The best wine shop in Italy PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM 2 engineer with 10 years experience in Java web developing, 1 retail expert, 1 food & beverage expert YOUR VISION To keep the wine searching and wine buying simple, even for non-experts. To become the most popular online wine shop YOUR MISSION Offer the most accurate wine selection from the best wine producers giving the best user experience possible. YOUR PROJECT VINO75 was born in the august 2014, after 2 years of platform development. At the moment we count 1.300 different wine labels from more then 300 producers with which VINO75 has a direct business. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 500.000 to 1mln PATENTS Proprietary JAVA EE e-commerce paltform COPYRIGHT Proprietary JAVA EE e-commerce paltform MARKET SEGMENT (ESTIMATED VALUE, EUR) 100000000 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS NA COMPETITIVE ADVANTAGE Innovative e-commerce platform, catalogue, team HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 925000 FROM WHOM? venerdì 2 ottobre 2015 Club Italia Investimenti 2Club DigitaleNana BiancaOthers www.innovationitaly.it/en/ Page 3 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME Bauzaar.com WEB SITE https://www.bauzaar.it/ REGION Lombardia ACTIVITY CODE - Codice AT 47.91.1 DATE OF INCORPORATION 13/12/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE E-commerce innovative web platform in the pet care market. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Founders (Matteo and Domenico) had great experience in the e-commerce industry (Zalando) and Consulting (Ernst&Young M&A Adv.). Tech team see an experienced back-end developer and a front-end developer taking care of the tech asset of the firm, developed from skratch. 1 FTE dedicated to top-class customer service by phone-email-chat-whatsapp. Marketing is headed by an experienced manager who worked for Zooplus and Arcaplanet before + 1 FTE responsible for email marketing and affiliation. 1 FTE works as buyer assistant/admin and 1FTE for logistics. YOUR VISION Become leader in Europe in the e-commerce industry for premium and super premium products for dogs and cats. YOUR MISSION Delivery the best quality products with an excellent customer service to all people having dogs and cats at home and considering them part of their family. YOUR PROJECT We want to fill the gap in the Italian market online giving customers the chance to receive the best customer service and the high quality products for their pets. The project is to become the second top player in the Italian market by 2018 and then to go for international expansion. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 500.000 to 1mln PATENTS no patents COPYRIGHT no copyright MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 2 bn 4-6% in Italy Zooplus, Arcaplanet, Miscota, PacoPetShop, DogSitter COMPETITIVE ADVANTAGE Bauzaar is an innovative platform aiming at become the top-class e-commerce for customers in the premium and super premium segments of the pet care market. We are the first player in Europe with a frequent delivery service allowing customers to repurchase automatically and with a very flexible control panel through our web app. Technology (user experience) and customer service are the most important values in our business. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 4 of 211 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 500 FROM WHOM? venerdì 2 ottobre 2015 Boox and H-Farm have been the first accelerators believing in our team and business model. Then the venture capital Programma 101 together with Club Digitale and Club Italia Investimenti invested about €500k in the last 18 months to sustain the growth of the business in Italy. www.innovationitaly.it/en/ Page 5 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME cloudesire.com WEB SITE www.cloudesire.com REGION Toscana ACTIVITY CODE - Codice AT 62.09.09 DATE OF INCORPORATION 01/08/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE the unique platform able to self-provision any kind of app PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM we master opensource and cloud computing, we have international experience, 2 out of the 4 founders have 15 years of entrepreneurial experience YOUR VISION The license software is dead. We are enabling any ISV to become saas-ready in hours, without investments, across any cloud. YOUR MISSION we want to become the Spotify for business applications, enabling playlists of software for any kind of business segment YOUR PROJECT ClouDesire allows Software Vendors to sell and distribute Applications as SaaS. Through any Cloud. Within minutes. Without programming. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 250.000 to 500.000 PATENTS zero COPYRIGHT no MARKET SEGMENT (ESTIMATED VALUE, EUR) 500B$ YOUR MARKET SHARE ONE YEAR FROM NOW 5.000.000 € YOUR COMPETITORS appdirectodincomputenext COMPETITIVE ADVANTAGE self provisioning on the cloud of any kind of application no programming required to the ISV cloud agnostic (we can provision on any cloud provider) we cover the full billing/invoicing/payment process we have all the store features (both for one-to-many and ,any-to-any stores) HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 500k€ FROM WHOM? venerdì 2 ottobre 2015 we obtained roughly 500k€ from h2020 program www.innovationitaly.it/en/ Page 6 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME iCarry SRL WEB SITE http://www.icarry.it REGION Lazio ACTIVITY CODE - Codice AT 63.12.00 DATE OF INCORPORATION 23/06/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Local and national (soon international) most innovative delivery web platform. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Daniel Giovannetti, CEO, 23 years. In 2012 he built with success its first startup in USA. https://it.linkedin.com/in/dgiovannetti Antonio Silvestre, COO, 24 years. Since 2008 creating tech communities all over internet. https://it.linkedin.com/in/ansilvestre Gabriele Ferrieri, CFO, 23 years. Worked at Regione Lazio (2015), at Tribuna Italia as Editor (2012-2014) and at Mirica International as Marketing Assistent https://it.linkedin.com/pub/gabrieleferrieri/89/705/335/en Shareholders:As above plusMassimo Giovannetti, 56 years. Working at EMC2 as EMEA Sales Manager (2010-today), worked at IBM (2000-2004) as Business Development Executive. https://www.linkedin.com/in/massimogiovannetti Federico Faraone, XX years. Working at EMC2 as Account Manager (2009-today), worked at VMWare. https://it.linkedin.com/pub/federico-faraone/3/711/959 YOUR VISION Be the world leader in the provision of innovative and dynamic logistics services, on transportation and e-commerce, based on an open and solid community, made up of people, partners, customers, and ideas. A community aiming to decrease the unemployment rate and the delivery costs (consumption of CO2 included). YOUR MISSION Improve global logistics in favor of a more sustainable system, using all available technology to reduce costs and unnecessary travel. Create new jobs, based on a better management of resources in the field of e-commerce, and all related logistics. YOUR PROJECT With the establishment of a community of innovative couriers in constant growth, iCarry has reinterpreted the concept of transport services based on sharing economy’s philosophy. Starting from the local same-day-delivery service, iCarry uses an advanced algorithm able, as first goal, to improve the local and national logistics, significantly reducing the overall consumption of CO2. Visiting iCarry.it you can now find the best options to deliver your goods anywhere locally over 2000 occasional and professional couriers. (national and international deliveries are coming as 2nd and 3rd step respectively). International iCarry would be found at launch visiting iCarry.coAlso, partnering with professional couriers iCarry reached the top of the quality of the service offered. These are the just the basis with which iCarry will build its future. Building an innovative and user friendly ecommerce (mobile app), and collaborating with most productive businesses of Italian (and European) cities, iCarry will revolutionize the way we shop: visitors, community members and delivery customers could buy partners goods and services today for TODAY. After all same-day-delivery is becoming the delivery standard.The company's venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 7 of 211 next goal is to create a network of shippers who can respond to customer needs and commercial operators, while maintaining high quality standards. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Actually no industrial patents except brand international registration of "iCarry". COPYRIGHT International Figurative TradeMark under registration "iCarry" - Trade mark status: Application published. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 30.000.000.000 iCarry launched its first service with iCarry.it on middle of July 2015 and more than 2000 users subscribed to its platform in less than two months since started. Even with a limited marketing budget, in these two months iCarry.it have raised 100K read pages, more than 17K sessions and 10K users, with the first deliveries completed with success, and all this just focusing on four Italian cities (Rome, Milan, Turin, Bologna).The platform currently has a weekly exponential growth of 20%+ on the users side and by 40%+ on the visits.In one year we expect 50K registered users on our platform, starting from a monthly growth of 25% to arrive to 250%.Also, we expect to have at least 10 main couriers partners (and their relative franchises) in each covered city, with 150 commercial partners in each covered city.Last, but not least, we would expect to have opened our services to London city. Today the market iCarry wants to join in is populated by two kind of competitors, who they’ve not “connected” and/or “expanded” their services putting them all-together yet, like iCarry is already starting doing.A) Competitors who offer same-day-delivery to merchants who have a local presence with their physical store, but who do not have an ecommerce website to sell and bellboys to deliver their goods.In Italy (and in most of analyzed countries) these competitors focused their efforts in Food&Beverage field. Here we can find businesses like JustEat, Deliverex (bought this year by JustEat), Foodinho, Foodora, BacchetteForchette, myFood, Moovenda (startup stage), UberEats (not started yet), PonyU (not started yet).Their business model starts with pilot project in Rome or Milan, then they expand on Milan (or Rome, depending on the starting city), and then they try to expand their services all over the other important cities (Naples, Turin, Bologna, etc.). The time involved in the expansion usually is around 6-12 months per city, depending on the funding round of € raised with private investments and equity crowdfunding’s campaigns.B) Competitors who created web platform and mobile apps to build a community based on sharing economy, to let people gain/save money on travelling, letting them deliver goods in behalf of other persons/businesses. – this is the iCarry.it platform approach, done in different ways.Actually the most important competitor (not launched on market yet) is TocTocBox, a company who raised over 80K € through equity crowdfunding, and who will launch the mobile app soon in September/October. Their approach is the same of BlaBlaCar ones, just long distances’ deliveries: using your car you can deliver goods from city to city all over the country.As said, they’ve not hit the market yet.In USA, there is Roadie a startup who raised millions of investments: its concept is the same of TocTocBox, long distances.Then, there is Deliv.co, the venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 8 of 211 startup defined “Amazon’s rival” who has created a community of occasional couriers based on sharing economy and who created specific API to let the big merchants implement their delivery services in their ecommerce websites. COMPETITIVE ADVANTAGE Besides the fact to let people registered on iCarry.it as occasional couriers to receive a recovery for their travels, iCarry gives the possibility to local and national professional couriers and bike messengers to candidate to work closely with iCarry’s commercial partners (coming from the iCarry Shop service and not only).Thanks to a great algorithm iCarry can reduce cost of delivery exponentially to the popularity of the service, increasing the professional couriers sales and iCarry’s incomings directly.Relating to city-to-city deliveries, iCarry wants to implement this feature on its platform and apps, way better: adding trains to car system. Actually there’s no way for national courier to beat in term of costs and speed a same-day-delivery done with a train. Let’s take the Rome-Milan track for example: very unlikely a courier can delivery a package in 4 hours from Rome to Milan for less than 5-15 €.iCarry is already working closely with the Italian Parliament to make this new side of our projects a reality really soon.Partnering with Bike Messengers, and optimizing the transportations all over the country (remind: trains are green power!), iCarry can also achieve what are called “white energy certificates” : reducing the CO2 in fact, iCarry could obtain as award an interesting number of white certificates (and this number would grow exponentially each year), those in simple words are energy stock certificates, and they can be sold in the energy market, let making a huge net profit for the owner (iCarry in this case). In addition to all of this, iCarry thought to solve merchants’s needs (especially of big merchants) who already have an ecommerce website and who don’t want (or don’t want only) to be on iCarry Shop.A system) APIs system, as Deliv.co does, letting the merchants implement iCarry’s delivery system on their ecommerce websites.B system) Voucher system: merchants can buy and manage online multiple shipping services with discounted price. iCarry already has developed a specific innovative platform to let merchant do this (http://partner.icarry.it) – is not on market yet.In addition to ALL of this, iCarry is creating a huge network marketing all over the country, starting from the four already targeted cities. People inside iCarry’s network will be intermediaries with the task of massively increase the commercial partners, both for iCarry Shop and iCarry’s deliveries. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 5 FROM WHOM? venerdì 2 ottobre 2015 During a non-equity (reward) crowdfunding campaign, at the beginning of iCarry's idea, the Italian collossum Poste Italiane (Italian 1st postal service) wanted to award the idea, contributing with € 5.000 to our embryonic project in January. www.innovationitaly.it/en/ Page 9 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME MARINANOW WEB SITE www.marinanow.com REGION Sardegna ACTIVITY CODE - Codice AT 79.90.19 DATE OF INCORPORATION 16/05/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Book and list Berths and Boats anywhere in the Mediterranean! PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PRODUCT The team has over 30 years of industry expertise in the nautical world, two founders who previously created software companies and strong consultancy and business acumen.The management team is made by:• Alessandro Sestini, CEO: Founder of Arcadia Web Services, Sailor and Skipper for >18y; • Paolo Codina, CTO: Founder of Web Design company Pevero Ltd, Linesman for > 4 years; • Andrea Corvaglia, CMO: Comes from family of Boat Builders, Linesman for > 12 years; • Livio Quintavalle, COO: MBA from HKUST and Berkeley; • Livio Marcheschi, CFO: MBA from Leeds University Marinanow employs 2 programmers and 2 people offering customer support services. YOUR VISION Marinanow aims to become the first one-stop-shop for sailing, combining berth and boat bookings with related services to provide customers with their dream holiday. YOUR MISSION The mission of Marinanow is to simplify the lives of everyone involved in the nautical industry.This means partnering with an increasing number of marinas to become the de facto standard for berth booking in the main market in the world: the Mediterranean. YOUR PROJECT Marinanow is an online marketplace for people to list, discover and book berths and boats anywhere in the Mediterranean. It is the bookings.com of the nautical world, allowing users to search for the nearest marina or boat, compare prices and book instantly.Booking places in marinas is a tough job: search and price comparison can take days, with no guarantee of success. There is no reliable online platform that gathers contact details and allows instant booking of berths, so requests are still mainly managed manually.With Marinanow, users choose from over 400.000 berths and 4.000 boats, while marina and boat owners are provided with an easy-to-use booking system to manage their catalogue and boost their revenues.The whole booking process is managed online, from search to payment, improving price transparency for users and payment certainty for marina and boat owners.Berth and boat markets are complementary: moving charters to selected ports increases bargaining power with marinas, while existing users can be turned into new suppliers by renting their boat or berth on Marinanow.There is the strong opportunity to become the One-Stop-Shop for sailing by expanding the existing presence in the biggest market in the world: the Mediterranean. NUMBER OF EMPLOYEES 11 to 25 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 10 of 211 TURNOVER (EUR) up to 250.000 PATENTS none COPYRIGHT none MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 5000000000 We have already affiliated around a third of marinas in the Mediterranean and we expect to have 50% of them by the end of next year. The main competitor in the European berth market is PortBooker (Spain).Some local competitors are emerging in Northern Europe (e.g. Havneguide, Dockspot, Navily), demonstrating both the existence of lucrative local markets and the challenges in scaling beyond the national scale.New competitors are also emerging and raising funds in US, namely Dockwa and DockSkipper (who recently merged together).The boat market is more competitive. Main VC-backed players are BoatBound (US), GetMyBoat (US) and Incrediblue (GR). Italian competitors include Sailogy and Antlos. COMPETITIVE ADVANTAGE 1.Founding team with extensive industry expertise and connections (>30 years in sailing); 2.Well positioned to become the leader in the Mediterranean berth market, with around a third of marinas already affiliated and on track to have 50% by the end of next year; 3.Strategic partnerships with Port networks and Marina groups (e.g. Marinedi) and players offering complementary services, namely Navigo Toscana (network of industry players, developing a software to streamline the port documentation process for recreational vessels), First Bunker (bunkering), Navis and other Marina Management software providers, Emergensea (boat rescue service); 4.Highly defensible berth market: high barriers to entry and no established leader; 5.Strong up-sales and cross-sales opportunities exist, leveraging complementarities between the boat and the berth business (existing users can be turned into new suppliers by renting their boat or berth on Marinanow, while charter boats rent out multiple berths in a single cruise). Berth market is indeed the entry point to a €200Bn global marine tourism market, where Europe accounts for 40%; 6.Chances to capitalize on the growing interest in “marine startup” by VCs (Boatbound: $4.5M – 2014; Boatsetter: $1.9M – 2014; Getmyboat: $1.5M – 2015; Incrediblue: 2.6M – 2015) HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 555000 FROM WHOM? venerdì 2 ottobre 2015 • United Ventures: main Italian VC fund investing in digital startup (€65M under management); • The Net Value: primary Italian digital startup accelerator; • Hermaea Ventures; • Other business angels. www.innovationitaly.it/en/ Page 11 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME Quomi Srl WEB SITE www.quomi.it REGION Lombardia ACTIVITY CODE - Codice AT 479110 DATE OF INCORPORATION 17/04/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE We deliver organic high quality ingredients directly at our customers' door PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Quomi has a team of high level professionals:- Daniele Bruttini has been Country Manager Italy for Wimdu and TravelBird, and Commercial Head for Zalando Italy, taking care of setting up and launching the company on the Italian market.- Andrea Bruno was Operations Manager for Zalando Italy, managing 3 milion orders and a team of 70 people, including Zalando Customer Service- Alessandro Pantina is Brand Marketing Manager for Zalando Italy & Spain, managing a budget of € 20 mln / year YOUR VISION Quomi wants to revolutionise the way people eat. We will do this by becoming the ultimate resource about food: it will have contents. be a social platform. acquire & process big data and provide a curated food service throughout YOUR MISSION Quomi aims at building not only a scaleable food e-commerce with a solid competitive position but wants to be the number one platform for text and visual food contents, to provide proactive and dynamic social sharing community and finally become The online food Brand YOUR PROJECT Quomi delivers organic high quality ingredients directly at our customers door. We offer a curated food service that lets people save time and diversify their way of eating. We plan and deliver, you enjoy! Every week, a new menù will be avaiilable with new recipes: our customers can decide what they want to eat next week and receive directly at their door a box with all the right ingredients in the exact quantities they need. We only work with the best Italian suppliers and products, we are a partner of the SlowFood Foundation NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Quomi provides a service which is not patented. COPYRIGHT Quomi has no registered trademarks MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 approx. € 500mln in 2014 in Italy approx 1% Quomi has no direct competitors on the Italian market. A few players are providing services which could be competing with Quomi, like for instance Supermercato24 or Cortilia. None of them, by the way, provides a service which can be compared to Quomi.On the international markets, quite a few big players can be identified. They have already validated this business model in the www.innovationitaly.it/en/ Page 12 of 211 main European markets and in the US. None of them, by the way, has focus on the Italian cuisine and made in Italy products. COMPETITIVE ADVANTAGE The main advantage Quomi has is based on the high level profiles of this team members: the founding team has gathered relevant successful international experience in the startup and ecommerce industry, launching in Italy a successful company such as Zalando.Moreover, we are the first mover on this business in the Italian market.Finally, compared to the big international players, Quomi has access to high quality niche Italian producers and has a strong focus on the Italian culture and cuisine. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 250 FROM WHOM? venerdì 2 ottobre 2015 Quomi has already received relevant funding from two Italian investors:Euroventures- Digital Magics www.innovationitaly.it/en/ Page 13 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME sailsquare srl WEB SITE www.sailsquare.com REGION Toscana ACTIVITY CODE - Codice AT 62.01.00 DATE OF INCORPORATION 12/05/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE The first marketplace for sailing experiences offered by private boat owners. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Simone Marini (founder): Manager and entrepreneur with 15+years experience in CxO positions in the IT market. Riccardo Boatti (founder): Manager and entrepreneur with 15+years experience in the new media.Marco Viganò: COO & Board MemberFrancesca Ellisse: Marketing managerMarcello Demurtas: Creative/UX directorAlessandro Zanchetton: New Business managerFrancesca Bettari: Customer OperationsDaniela Surace: Customer Operations YOUR VISION There is an opportunity window to enter a sector - the nautical tourism market - with a new approach, leveraging some clear market trends as:Sailing has become an accessible experience: increase in comfort and safety in modern yachts have broadened the public interested in this kind of experience that nowadays has become mainstream;- Collaborative consumption business models are being widely adopted in all economy sectors;- Peers have become major influencers in tourism purchasing decisions;- Experiential travel - exploring a destination like, and with, locals - is the new frontier of tourism. YOUR MISSION Our dream is to make sailing experiences accessible to anyone, enabling the sharing of unique experiences among people from all over the world.We aim to become the #1 platform for sailing holidays in the world in the next 5 years. YOUR PROJECT sailsquare connects people who have a boat with people who want to make an experience at sea. Through a peer-to-peer platform, travelers can participate in sailing experiences directly offered by private boat owners. Once registered on the platform, it's possible to apply as a boat owner. Boat owners must pass a selection process carried out by sailsquare, after which they can list their own holiday proposals. Other users can browse the proposals and, eventually, book a holiday. The offer is made up of hundreds of proposals throughout the Mediterranean and the Caribbean, each listing is accompanied by a detailed description about the holiday organisation, a map of the navigation area, the profiles of users who have already joined and of the skipper himself, his experiences and the feedbacks received from other users. Users can get in touch with the boat owner through an integrated messaging system and ask for further information and, finally, join the experience by paying online their share. Sailsquare ensure the security of transactions by collecting the fees from participants and forwarding them to the owner once the experience is started, deducting a commission on the paid fee. NUMBER OF EMPLOYEES up to 10 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 14 of 211 TURNOVER (EUR) up to 250.000 PATENTS N.A. COPYRIGHT N.A. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 72000000000 The market share will be still very low, but we expect to grow with a 5x factor, with respect to 2015 figures, which report bookings for about 700k€ (estimate). There are lots of competitors, which have different positioning, the most important ones are:BoatboundYachticoIncrediblueBluewagoThe Yacht Week COMPETITIVE ADVANTAGE Sailsquare targets a far broader market than its competitors, because it’s the only platform that manage “single berth” bookings.Moreover, it is the only one that relies on “social network” features in order to foster engagement and virality. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 530000 FROM WHOM? venerdì 2 ottobre 2015 We raised the money from a pool of private investors (serial entrepreneurs, business angels, some customers), and an istitutional one (LigurCapital). www.innovationitaly.it/en/ Page 15 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME Seejay WEB SITE www.seejay.co REGION Lazio ACTIVITY CODE - Codice AT 63,12 DATE OF INCORPORATION 05/02/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Seejay is a social media marketing service based on hashtag storytelling. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM The team has lots of experience in builing successful startups: Carlo Brunelleschi (CEO) was founder and CEO of Decoro Urbano, a platform leader in egovernment; Fabrizio Ferreri (COO) was COO and co-founder of Urlist, a leading platform in content sharing.Our CTO, Andrea Ortis, directs a team of senior professional developers in the creation of innovative software to manage, publish and promote large amounts of data of different types.Both commercial and strategic departments can count on top profiles as Francesco Cazzaniga, former marketing manager of Tod's, and Fabio Blandino, former manager at Microsoft. YOUR VISION Our vision is based on three premises:- for brands and publishers it is increasingly difficult to gain the attention of their online users; - social networks are becoming increasingly important in the dynamics of communication between companies and their target audience;- storytelling is becoming a key tool to communicate corporate identity and value proposition.Considering these background premises, our vision is to create and propose a new paradigm for online marketing, what we call: "real-time intopic advertising". YOUR MISSION Seejay is a social media marketing service that exploits the full potential of the hashtags to expand businesses, increase sales, increase audience of brands and publishers. Our mission is therefore to offer to brands and publishers the possibility to launch innovative online marketing campaigns with high performance if compared to traditional marketing channels. YOUR PROJECT 1) Our customers identify hashtags relevant to their business, service or product which they intend to promote. For each chosen hashtag there are groups of users who are posting on social networks with that hashtag, who are potentially interested in the business of our customers. 2) On the chosen hashtag, our customers build their Social Walls.The Social Wall is a collection of content collected from social networks (Facebook, Twitter, Google+, Pinterest, Instagram, Vine, YouTube, Flickr) about one or more hashtags.The Social Wall allows to engage users who are posting on social networks with the chosen hashtag.3) To the users who are posting on social networks with the chosen hashtags, and already engaged through the Social Wall, our customers send via Seejay their commercial message. Hashtags allow customers to reach targets in line with their message. The hashtags in fact ensures the alignment between activities, products and services that our customers intend to promote and their audience (recipient of the commercial message). This kind of marketing campaigns, based on hashtags, has a conversion rates much venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 16 of 211 higher (+70%!) than that of other marketing channels. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS None. We only have a trademark registration for "Seejay" in Italy. COPYRIGHT The service is owned by Seejay Srl. MARKET SEGMENT (ESTIMATED VALUE, EUR) 140.000.000.000 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS The main direct competitors are:- Storify, it is a content curation service that allows users to build "stories" by integrating theirs own content with content from different social networks. http://storify.com/ - RebelMouse, Tint, Tagboard: services that let users embed "social feeds" from the main social networks both in their web and mobile platforms. https://www.rebelmouse.com/ http://www.tintup.com/ https://tagboard.com/ - SocialBro: marketing platform that uses Twitter to launch a new kind of marketing campaigns.http://www.socialbro.com/ - Twitter Curator: service that allows media publishers to group, analyze and display real-time Twitter conversations.https://curator.twitter.com/ COMPETITIVE ADVANTAGE The distinctive value proposition of Seejay is based on the following points:- It is a marketing tool and at the same time a content curation platform;- It works with all the main social networks and any website can be a Seejay source of content;- It integrates services that competitors do not offer in a single product: a) "social" storytelling, that is, content curation that produces Social Walls as output;b) organic promotional tools to launch effective marketing campaigns; c) analytics and sentiment analysis related to both the Social Walls and the marketing campaigns launched.Below, additional elements that differentiate Seejay from competitors: - The possibility to include a "Request contributions" form in the Social Walls. This form is a "call" addressed directly to the audience to stimulate their engagement; - A greater number of features for the creation of the Social Wall: during the collection of content, Seejay simplifies content curation with an interface dedicated to this stage of the process and the possibility to automatically create Social Walls; at the editing stage, it offers filters and options in greater numbers than its competitors, providing the possibility of a complete customization of the Social Wall; at the publication stage, it offers more (and always increasing), graphic templates for displaying content; - A system for the creation and the automatic, live update of Social Walls;- The integration of semantic features, and especially the extraction of entities and categorization of the Social Wall content.A significantly lower pricing also differentiates Seejay from its competitors. We finally offer our service in self-provisioning (of course, with pre and post-sale services where required), while none of the competitor services can be used quickly and immediately but require to contact the sales force to request a demo. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 145 FROM WHOM? venerdì 2 ottobre 2015 Filas Lazio: financial group of the "Regione Lazio" to support local companies;Club Italia Investimenti 2: big italian investment fund;Nana Bianca: accelerator in Florence founded by the former founders of www.innovationitaly.it/en/ Page 17 of 211 Dada;Werter Mambelli: business angel and manager; former head of Commodore for the Southern Europe;Gianni Linari: business angel and entrepreneur, shareholder of many listed companies (i.e. Cuki Spa) venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 18 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME tailoritaly srl WEB SITE http://tailoritaly.com/ REGION Lombardia ACTIVITY CODE - Codice AT 47.91.1 DATE OF INCORPORATION 03/03/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED Ecommerce platform to personalize and buy made in Italy outfits PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PRODUCT Monica Calicchio, creator of Tailoritaly, had the crucial task of organizing and developing the foundation of the company by implementing a successful, scalable and sustainable business over time. This impliesdifferent relevant activities that need several complementary management skills.In his role as CTO, Luca Adalberto Vandro manages IT assets of Tailoritaly and leads the development team.As Creative Director of Tailoritaly, Giuseppe Giammetta has the task of building the image and the company’s communicative identity. Francesco Leone is Senior developer of Tailoritaly. Vito Plasmati Web Designer of Tailoritaly and the artistic director for User Interaction. YOUR VISION Tailoritaly aims to become the first E-commerce platform that exports the Italian tailoring experience worldwide. YOUR MISSION To allow every women to wear the perfect look that:- Excelle for the quality of the fabrics and manufacturing process- Perfectly fits body shapes- Is personalized and unique YOUR PROJECT Tailoritaly is the first e-commerce platform that allows customers to instantly personalize and buy Italian pret-a-porter products.On the product side, we revolutionize the customers’ shopping experience through the personalization of garments and fashion accessories. Clients become their own stylists, interacting with a 3D platform and benefiting of the endless customization options: several combinations of patterns, fabrics, colors and details. Moreover, the high quality rendering of the models ensures an incredibly realistic 360°preview of the products.On the process side, TailorItaly innovates the production chain by overcoming the inventory issues, since products are realized only after the customers’ orders. We enhance the business of SMEs and smallcompanies, connecting them with the end customer and digitizing the Italian excellence in fashion.Indeed, our processes shorten the value chain, increasing profits for the producers and reckoning onexisting resources to reduce wastes. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We do not have patents. COPYRIGHT We do have copyright on the 3D configurator to instantly personalize fashion items sold on tailoritaly.com venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 19 of 211 MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 58 bn euros 0,0086 Tailoritaly combines the three main elements of a successful fashion company adding unique value through the personalization platform.• Customer experience: Dior, Louis Vuitton and many others propose an intense experience, however their products are standardized and expensive.• Customization: Itailor, DIS and Tailor4Less propose few and standard personalization options, with no research for uniqueness.• Quality: Scarosso and Net-A-Porter propose high quality products but, differently from our Made in Italy certified garments, they lack of transparency on the producers’ country of origin.• Range of products: YOOX, Privalia and Farfetch offer a wider selection, however they propose standard branded products. COMPETITIVE ADVANTAGE Our competitive advantages are:• High quality tailoring becomes accessible to a wider customer base;• Presence of a 3D configurator that supports the customization of the product;• Tailoritaly centralizes and manages the end-2end relationship along the entire fashion supply chain in the field of fashion;• a unique network of Italian suppliers committed to high quality that handcraft small quantities;• the acquisition of a consistent customer base being an early mover. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 120000 FROM WHOM? venerdì 2 ottobre 2015 - TIM WCAP accelerator : 25000 - Politecnico di Milano inside the EIT European horizon process: 25000- Business Angels: 70000 www.innovationitaly.it/en/ Page 20 of 211 Macro-sector E-commerce Sector E-commerce COMPANY NAME VIN.CI. SRL WEB SITE ProfumeriaWeb.com REGION Lombardia ACTIVITY CODE - Codice AT 47.91.1 DATE OF INCORPORATION 28/09/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION An e-commerce site that offers great selection, strong convenience and excellent customer service for beauty products PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM The founder, Vincenzo, is an online enthusiast with more than 15 years experience in the on line marketing and advertising. It has worked at Microsoft Advertising for 6 years, as Sales Manager, and at Amazon Italy as Head of Marketing, for 2 years. His knowledge of the online advertising industry helps ProfumeriaWeb to have a positive ROI on all the marketing activities, included the ones for the first purchase of the new customers. He has vision, he sees the big pictures.Federico, in the team after a few months and now one of the shareholders, is a very precise person, detailed oriented and errors finder. He has covered several roles in the company, from catalogue quality to web marketing, from CRM to buying strategy. It is the ideal complementary to Vincenzo, as it focuses on details, on processes, on problems, rather than on the big picture, projects or solutions.Luca is the action-man: he wants always to act. He has a commercial background, and now is a key player in the buying strategy, monitoring all suppliers with the help of several monster-excel files that he created and manages.Chiara is the psychologist of the group: she oversees the customer service and is able to understand and interpret the feelings of the customers and of the team. She has a crucial role in taking the team back to the most important mission: customer satisfaction.Gaia is our cataloguer: she oversees our catalogue, working to add more and more products, brands, categories. YOUR VISION ProfumeriaWeb will become the place to visit on line to find information about and buy every beauty product (perfumes, cosmetics, hair products, make-up, nails products, tanning products) at the most convenient conditions. It will offer a full range of services, being not only a shop but an information source and an advisor. YOUR MISSION ProfumeriaWeb will offer a full range of products, being the place with the richest catalogue and the most convenient conditions. It will establish a strong ecosystem with suppliers, beauty consultants, make-up artists, customers, in order to help find the right beauty product for each customer. The beauty industry is so specific and the beauty customers are so demanding, that the verticalization is a key strategic factor. YOUR PROJECT The Project can be divided into several steps.The site will continue to grow in Italy, consolidating its leadership and becoming the point of reference for beauty products. The aim is to reach this not only with the pure sale of products, but also creating a place to visit to have information, read reviews, receive suggestions and help about beauty products. A blog and video-channel venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 21 of 211 will be created, exploiting the very huge current trend of bloggers, make up consultants and skin experts that reach thousands of users on line. With the help of the traffic on the site, we will increase the content. With the help of the content, we will increase the traffic and the sales.In parallel, we will look for international expansion, finding 2-3 European markets where to enter. This will help us gaining scale and establishing network relationships with industry players.Furthermore, we will start having a presence in the wholesale industry , in order to increase our international presence and the ability to find products at the best possible conditions.When the market presence is strong and ProfumeriaWeb has a clear leadership, it will start producing and selling its own branded products, helping to increase the margins and the variety of products sold. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 2,5 mln to 5 mln PATENTS The Company owns the website ProfumeriaWeb.com, an e-commerce site dedicated to sales of perfumes, cosmetics, makeup and beauty products. Born in 2010, the activity has seen a strong growth (about +100% year over year in the last 3 years), reaching an estimated annual revenue of 3.0 million euros in 2015. It is the “on line only” perfumery leader in Italy, with more than 130,000 monthly unique visitors.It is already profitable, with an EBITDA of 3.8% on sales. It has no bank loans and positive cash flows.It operates with a just-intime approach, having reached agreements with about 10 products suppliers that share their inventory daily, ensuring a quick, effective and efficient comparison between their specific conditions. As a result, every day it is possible to place orders, for each product sold, to the most convenient supplier, with benefits in the areas of margins, quickness and cashflow.ProfumeriaWeb receives certified review by its customers with the help of Consorzio NetComm. About 90% of these reviews assign 5 stars to the service, indicating strong level of satisfaction. This is also clear considering that more than 60% of new customers of the last 12 months has placed already at least a 2nd order. COPYRIGHT The Company owns the trade mark ProfumeriaWeb, which is very simple, clear and self-explanatory. It operates with the web domain ProfumeriaWeb.com which is also owned with the .it and .eu suffix MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 4660000000 ProfumeriaWeb estimates to reach a sales figure of about 7 million euros in 2016, with a market share of the online market of about 10% Other pure internet players (Profumo-clic.it / echarme.it)Big off-line retailer chains (Sephora, Douglas, Marionnaud)Wholesalers that are staring operating on line (Beautyprive, Farmacosmo)Small store chains or single shops that own an internet site (Ditano.com, Pinalli.it) COMPETITIVE ADVANTAGE ProfumeriaWeb has been one of the very first movers. As a result, it is very well positioned in organic search. It has also a very good word of mouth and a clear and simple name, easy to remember.It has developed a system that compares suppliers and ensure best costs and convenience in the purchasing process. Its owner has been in the online industry for 15 years and knows online marketing very well. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 200000 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 22 of 211 FROM WHOM? venerdì 2 ottobre 2015 Digital Magics, incubator of digital companies. It is helping ProfumeriaWeb to find new investors. www.innovationitaly.it/en/ Page 23 of 211 Macro-sector Energy management and production Sector Energy management and production COMPANY NAME ADSUM Srl WEB SITE www.adsumsrl.com REGION Marche ACTIVITY CODE - Codice AT 28.12.00 DATE OF INCORPORATION 01/03/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Aquaskid, the plug&play and modular system PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Three skilled engineers, one operation manager, one very skilled technical director and myself as the sole administrator; we outsourced the mechanical and electronic operations. YOUR VISION Adsum is a design and engineering company, specialized in advanced skid modules for hot water generation, which are easy to install and offer sophisticated energy savings. The company's activities are based around two key technologies; thermal exchange and liquid flows management YOUR MISSION The Company's commercial focus is to realize products with a high level of know how. It is based on decades of experience in international business and intellectual property development. These competences together with research and the generation of new ideas allows us to add continuously further value to our products and clients YOUR PROJECT Expanding the business basically in all Europe and becoming leader of the technology NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 250.000 to 500.000 PATENTS One (PCT) with an extremely positive EPO report (grant) plus another one under filing; Title: Control method for a household water heating unit having a thermal accumulator COPYRIGHT Controlling of the vertical thermal gradient in a thermal accumulator through temperature sensors by two working modes, saving and booster. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 20 mln € 500k€ Nobody with such technology in Europe COMPETITIVE ADVANTAGE Plug and play and stand alone system, high efficiency, assembled, controlled and certified in the plant; no works required in the Customer location. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 100 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 24 of 211 FROM WHOM? venerdì 2 ottobre 2015 We are searching for contractors able to acquire our patents, design technology and the trademarks as well, to export in the own region and start the own activities of the market; they are investors which are interested to have a license of a project program already established. www.innovationitaly.it/en/ Page 25 of 211 Macro-sector Energy management and production Sector Energy management and production COMPANY NAME Energyntegration Srl - STI WEB SITE http://www.energyntegration.com REGION Lombardia ACTIVITY CODE - Codice AT 35.11, 28.21.29 DATE OF INCORPORATION 14/03/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Real solar roofs: BI-PV, BI-ST, BI-PV/T (Hybrid) roof coverings PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Ing. Alberto Lorioli, CEO and Sales DirectorIng. Matteo Martinucci, (partner) QA & Technical ManagerP.I. Enzo Coduri, Project & Production Manager (actually, the "product inventor") YOUR VISION Even if the field of solar energy, and the PV sector specifically, is highly competitive, we believe that having high level BI solutions - including a Hybrid one - will open a growing niche market in Italy and in many other countries: new buildings, but especially building restorations. YOUR MISSION To achieve a leading position in the market segment, in Italy and abroad, being perceived as an "atelier" which provides beautiful solar solutions that can be implemented on value building / historical centers etc. YOUR PROJECT Before the incorpration of Energyntegration, people of the team had developed the idea, made the very first product prototypes, a couple of plants (BI-PV and BI-ST) based on such products.So far, Energyntegration has improved product design, fully developed and tested (at POLIMI) the Hybrid type, setup manufacturing process and implemented pilot plants (PV, ST and Hybrid) in the operational headquarters; investments in tools and equipment to cope with volumes of a first period are being made too.A very promising manufacturing and commercial cooperation with M/s EnergyGlass Srl has recently been launched.If business grows as expected, additional capitals will be needed to make new investments in equipment, people and marketing/commercial activities. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Energyntegration Srl -STI manufactures BI-PV, BI-ST and BI-PV/T (Hybrid) roof coverings under an Exclusive License Agreement signed with Elletiemme Srl; Elletiemme Srl:• owns Italian Patent Nr. 1.387.831 (dossier Nr. 5085 A IT 834) with title “Dispositivo di copertura per tetti e simili”• is waiting for European Patent with title “Covering device for roofs and the like”; application Nr. EP 2.297.529 (dossier Nr. 10684 W EU 834) as validation of International Patent Nr. WO 2009/156821. COPYRIGHT --- MARKET SEGMENT (ESTIMATED VALUE, EUR) venerdì 2 ottobre 2015 just for Italy, around Euro 150.000.000 www.innovationitaly.it/en/ Page 26 of 211 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Considering Italy only and of course the specific market segment, to stay on the safe side, we have foreseen less than 1 % one year from now.The specific market segment size adding export can likely be estimated in at least Euro 500.000 or more just considering European countries; but, some overseas markets have shown significant interest already.Therefore, the actual market share we need should be extremely low. In the field of Hybrid, we believe that our solution is the only real BI-PV/T so far (with performances well aligned to the ones of the excellent Hybrid products by ALEO and by BRANDONI that are not-integrated).Regarding BI-ST, the direct competition is very limited (as far as we know, IMERYS TOITURE with a solution warned for not-authorized replication of a patented solution (ours).Speaking on BI-PV, instead, there are several competitors proposing various sorts of solutions (e.g.: SOLARCENTURY, ELETTROTEGOLA, LUMETA, TEGOLA CANADESE, IMERYS TOITURE, THESAN, REMENERGY) with advantages and drawbacks. COMPETITIVE ADVANTAGE Premise / the scenarioIn the world of renewable energy, solar energy plays an important role: both for production of electricity by photovoltaic conversion (PV) and for collecting thermal energy (ST); with a variety of technical solutions and arrangements.Depending on local situations and policies (direct incentives, fiscal deductions, …) of each country, you find a different mix of huge plants for massive production of energy (especially speaking on PV) and small / medium size plants (PV and ST) installed on buildings, either residential or public buildings (schools, hospitals, etc.) or belonging to the service sector (such as hotels, resorts, sport complexes, shopping malls, etc.), but to a certain extend industries too.Focusing on plants installed on buildings, there are a lot of products that are designed “to be simply installed on or above roofs”; products that, regardless to their higher or lower quality in terms of technical performances, have nothing to do with aesthetics.While this aspect might have no importance in many “ordinary” situations, there is a significant (and growing) number of cases where somehow strict aesthetic requirements must be respected: typically, buildings located in hystorical centers or in areas with landscape retrictions, but also high-class houses whose owners only want solar solutions if their visual impact is minimum.Considering that:• the implementation of renewable energy solutions for a certain % of expected consumption has become / is becoming a must for all new buildings and for building renovation in more and more countries• in several countries (in Italy for sure), building renovation will represent the main business of the building sector• in several countries (e.g.: Italy, Germany), existing buildings that need renovation with energy improvement are often located within hystorical centers / restricted areasyou may conclude that BI solutions are absolutely required and will have a growing importance in the coming years.While a few BI-PV products (solutions for facades, shelters, verandas, etc. and for pitched roofs too, usually with drawbacks) and not so many BI-ST products exist; no BIPV/T (Hybrid) have been made available in the market yet as far as we know.What makes our products specialOur BI-PV, BI-ST and BI-PV/T (Hybrid) solutions are right addressed to the targets above and specifically developed to be the right option in all such cases; in fact:➢they are designed to be integrated in all kinds of pitched roofs, shelters, etc. (overlapping factor can be adjusted in a suitable range in order to match “tile” length)➢they are available in all colors in order to merge with sorrounding tiles / with the rest of the roof minimizing their chromatic visual impact; in “Standard versions”, you just speak about color of frame / frame+background of PV cells, but, in “Plus versions”, also active part emulates the wanted shade thanks to special KromatixTM front glasses, so achieving the highest chromatic integration➢thanks to limited dimensions and weight, fitters can venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 27 of 211 conveniently handle them, even carrying them through roof manholes (which is a dramatic advantage when working on old buildings in city centers)➢thanks to optimized mechanical solutions also involving hydraulic connections, their installation is extremely easy and quick, not requiring any additional items or coordination with tinsmiths or other actors of building sites; for instance, the installation of 3 kWp Energyntegration BI-PV roof coverings can be performed by 2 fitters in 2 hours (net time not including removal of old tiles in case of renovation);➢all three series have same dimensions and shape since based on a unique pressed and painted aluminium frame; thanks to that, you can create a technically optimum configuration, combining suitable quantities of just BI-PV, just BI-ST, and/or BI-PV/T (Hybrid) roof coverings, always achieving a stunning global result from the aesthetic point of view, incomparably better than by most of alternate products when existingA couple of remarks:• Energyntegration BI-PV, BI-ST and BI-PV/T (Hybrid) products are patented (manufactured under exclusive license);• likely, Energyntegration BIPV/T (Hybrid) products represent the only Building-Integrated Hybrid solution in the market so far. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? Euro 450.000 (+ a voucher of Euro 15.000 from "Startup per EXPO" by Regione Lombardia) FROM WHOM? venerdì 2 ottobre 2015 Own resources account for Euro 155.000:Euro 10.000 capital equitiesEuro 145.000 reservesOn April 24th, 2015, a bank loan of Euro 450.000 covered by a Guarantee for Innovative Startup Companies issued by MCC (Medio Credito Centrale) has actually been released to us by UniCredit SpA.[ Apart from the above, a voucher of Euro 15.000 has been got from the competition "Startup per EXPO" by Regione Lombardia. ] www.innovationitaly.it/en/ Page 28 of 211 Macro-sector Energy management and production Sector Energy management and production COMPANY NAME ISIDE srl WEB SITE www.iside.eu.com REGION Marche ACTIVITY CODE - Codice AT 27,11 DATE OF INCORPORATION 27/07/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Up to 30% greater energy, extremely lightweight, building integration capability PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM The staff of iside includes young researchers and design engineers as well as experts academics. The management team is composed of:-Carlo Maria Bartolini: CEO, University full professor and senior researcher,-Massimiliano Renzi: PhD, Project manager and university researcher,-Matteo Santolini: PhD, Project manager of energy system, -Marilena de Padova: PhD, Administrator-Lorenzo Egidi: PhD student in solar energy system. YOUR VISION Develop and bring to market the most advanced technologies in the field of solar concentration to optimize the performance of solar energy conversion. To do this they will have to overcome with adequate design incompatibilities aesthetic and architectural. YOUR MISSION • Basic study and experimental analysis of each component and casting of a team of high knowledge researchers.• Patents and protection of intellectual property.• Interaction with the technological development firms, the university and the main international industries.• Creation of industrial partnerships for the transfer of the product prototype on the market. YOUR PROJECT Our business offers an innovative product for the green energy market that demands grid-parity oriented solutions. It is an High Concentration PhotoVoltaic (HCPV) system with a lot of advantage:much higher energy conversion efficiency than traditional PVs, very small size, flexibility of installation, integrated architecturally, heavy foundations are not required.The market expected will give them control costs and make the product competitive.• Define customer problemNowadays the technology of photovoltaic concentration is used only in large plants, with very high weight and dimensions, requiring often heavy and expensive basement for installation.Solutions that allow the installation of civil buildings or industrial complex, heavy, expensive and aesthetically unpleasant.• Describe the solution you sell (products and service)ISIDE’s HCPV is a solution for the small and medium size installations that can be mounted in almost every surface and with different disposition, without losing its performance, thanks to a patented tracking system. ISIDE-HCPV is also an optimized solution to the high concentration of technology and then, compared to traditional photovoltaic, allows greater energy production, higher efficiency and a minimization of the PV material.IN OTHER WORDS, IT REPRESENTS THE MODERN SOLUTION OF SOLAR TECHNOLOGY FOR SMART-GRIDS NUMBER OF EMPLOYEES up to 10 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 29 of 211 TURNOVER (EUR) up to 250.000 PATENTS Italian Patent AN2013A000094, and PCT/IT2014/000046 “Concentration and solar tracking device for photovoltaic cells”. It consists of a solar tracking device for photovoltaic cells in concentration, which is provided with a central core which is equipped with motion on one axis and then of some movable arms on the other axis. The system ensures the highest precision in tracking solar, makes possible the installation of concentrating solar groups and ensures a high integration to buildings.The mark is already registered and can be proposed to international field. COPYRIGHT The patented ISIDE’s HCPV features unique advantages: up to 30% greater electrical energy, extremely lightweight, integrated architecturally MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 900.000.000 growing up to 2.000.000.000 The corporate annual projections are the follow:2016: 1.500 k€ (0,15% market share)2017: 4.000 k€ (0,3%)2018: 8.000 k€ (0,5%)2019: 16.000 k€ (0,8%)2020: 24.000 k€ (1,2%) The more important producers of concentrated photovoltaic systems: Emcore, Spectrolab – Boeing, Concentrix, Amonix and SolFocus….Due to the fact that at present the concentration photovoltaic systems are used in solar farms, since they are great and therefore not suitable for applications of small and medium size, the main competitors can be considered also the standard photovoltaic panels (Sharp, Q-cells, Suntech, Kyocera, Sanyo, Mitsubishi.…) COMPETITIVE ADVANTAGE The main competitive advantage are: High conversion yield, Modularity and installation flexibility, Compactness and lightweight, Easy installation: Excellent design solution for building integration installations, Environmental compatibility and reduced amount of photovoltaic material.Iside has filed the following patent: WO 2014/184815 A1, patent pending n. PCT /IT2014/000046. It is international extension phase (EU, US, Brazil, China, India…) HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 550 FROM WHOM? venerdì 2 ottobre 2015 Cefla s.c.a r.l. has invested 300.000 in the project. The company focuses on four principal fields:• Dental Solutions: Designing and producing dental and medical equipment.• Finishing Solutions: Producing finishing production lines, including painting, decorating and ennobling processes for wood, glass, plastics, metal and fibre cement.• Shopfitting Solutions: Furnishing solutions for supermarket chains and custom-made products for specialised stores.• Plant Solutions: Designing, constructing and servicing civil and industrial plants, with an emphasis on renewable energy.Within this fourth business unit, it was proposed investment on ISIDE www.innovationitaly.it/en/ Page 30 of 211 Macro-sector Energy management and production Sector Energy management and production COMPANY NAME Mipu srl WEB SITE www.the-energyaudit.com REGION Lombardia ACTIVITY CODE - Codice AT 70.22.09 DATE OF INCORPORATION 25/01/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Two software platforms: energy analysis and energy management. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Our team involves 4 young engineers graduated at techical univesities ("Politecnico") in Milan and Turin; they all have significant international experience and speak 2 foreign languages fluently. Two of them worked actively in developing the software and building up the customer base in Italy; the other two are temporary living in Tokyo and Seoul to offer sales and technical support to our distributors there. YOUR VISION To spread awareness and knowledge about energy efficiency from Europe to Asia. YOUR MISSION To help industries consume less energy step by step and predict the expected energy consumption behaviour of your assets. YOUR PROJECT Now that our product is fullly developed and tested, our goal is to scale the business in Italy and abroad by creating a network of qualified distributors. Such distributors will be trained on the software by us and will be helped in finding potential buyers. Besides Italy, our target countries are Japan and South Korea, where we have 2 members of our team and where we have already developed the first sales with our local partners. Therefore, we are looking for investment to bear marketing, advertisement and software localization costs. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We have one pending application to get a patent for the development of an energy behaviour modeling algorithm. Such algorithm allows you to create models (baseline) for the management and control of energy consumption in industry. COPYRIGHT We own full intellectual property of all our software modules. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 1 billion euro 0,1% We have seen no energy behaviour model which can be compared to ours in the market so far. The most important competitors we have are in the energy monitoring sector (es. Schneider Electric, Teamsystem). COMPETITIVE ADVANTAGE We have developed an unique algorithm for forcasting energy consumption or production behaviour of an asset or a system. Thanks to this we can implement venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 31 of 211 predictive maintenance solutions working 24/7 at a very low cost. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 FROM WHOM? venerdì 2 ottobre 2015 No external investors so far www.innovationitaly.it/en/ Page 32 of 211 Macro-sector Energy management and production Sector Energy management and production COMPANY NAME New Energy World srl WEB SITE www.newenergyworld.it REGION Marche ACTIVITY CODE - Codice AT 74.90.93 DATE OF INCORPORATION 05/07/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Heliostat with thermodynamic process for clean energy generation PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM The company is composed of two members, one covering the role of managing director (Daniel King) and the other of technical director: dr. Claudio Pierantozzi (Chemical). The administrator also plays the role of sales manager.Technical support to date in the company is Mr. Tiberio Simonetti, who has studied the technology in detail. Also it holds a lot of experience on production lines, having for many years made the entrepreneur with the role of manager Automated production lines YOUR VISION Alone you go faster, together we go farther YOUR MISSION The best way to predict the future is to invent it YOUR PROJECT The target market of the project and of the investment involves the renewable energy sector which is an industry that keeps on growing rapidly. Major investments are expected to be generated by the renewable energy’s industry together with a huge number of new job opportunities. In this context, New Energy World S.r.l. has developed a prototype consisting of a solar tracker ,which can be considered as included within the of solar-thermodynamic field. This technology is totallyclean since it is not composed of polluting material. None of the composing materials will have to disposedof and there are not any corrosive substances or representing any danger to the human health. The technology is completely manufactured in Europe and lasts for a considerable amount of time without losing in terms of performances. Furthermore, some European countries ( such as Italy ) have adopted a system of public economic incentives for solar-thermodynamic power generators which makes the investment very profitable. In addition to the above, this peculiar technology has a huge advantage in the fact that it can be easily used in remote areas where the supply of energy is still a serious issue thus representing a remarkableadded value to the relevant communities NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS The company has some patents and a prototype for the production of electricity from the sun . Solar trackers steel focus the radiation at a precise point where there is a fluid ( in this case air ) that increases in temperature and therefore the speed and pressure.The air then sets in motion a turbine. The system is equipped with a thermal tank superinsulating take the form of materials that allow the system to produce energy for 24 hours. The technology has many advantages compared to photovoltaic: high yields ( venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 33 of 211 exceeding 50% ), production for 24 h / day due to the presence of a thermal reserve, Payback in 5 years ( Italy ). COPYRIGHT Other patents have been obtained in the past in relation to the proposed technology by our collaborator Tiberio Simonetti. The New Energy World Ltd. has a license agreement with Tiberio Simonetti for the exploitation of this patent. These patents were part of the technology:- Certificate of patent for utility model No. 0000264581- Patent application for industrial invention AP2010A000005In 2013 we introduced the patent application of the technology complete. The patent application of the technology has been filed on 23.07.2013 at the Chamber of Commerce of Ascoli Piceno ref. n. AP2013A000004, applicants are the New World Energy S.r.l. and our collaborator Simonetti Tiberio following other patent applications by the same applicants MARKET SEGMENT (ESTIMATED VALUE, EUR) 1000000 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS The technology developed to date made no competitors. There are similar projects in development with the following companies and institutions: Enea, Angelantoni COMPETITIVE ADVANTAGE The system is very simple and does not have multiple conversions, as the currently used solar-thermodynamics plants, thus reaching extremely high performance levels (above 50%).Main advantages of our system are the following:- Large capturing areas thus having a very low cost rate per Kilowatt;- High performance levels ( exceeding 50% );- 24 hours energy production thanks to heat reserve chamber;- Financial incentives granted by some national governments such as the Italian one by (D.M. 11/04/2008and 06/07/2012) over a 25 years period;- Return on the investment in only in 5 years (in Italy);- Perfect static and dynamic balance thanks to the use of appropriate counterweights;- Absence of any possible issue causable by strong wind gusts to the solar-tracker thanks to the specificround shape regardless of the position of the tracker;- Low costs of raw materials absence of any kind of fragile materials;- High resistance to all weathering conditions (a guarantee of up to 40 years can be offered) and no lost interms of performance through the years;- Low production costs;- Absence of corrosive fluids;- Low energy losses and therefore high electrical efficiency;- No environmental issues linked to disposal of its materials HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 150000 FROM WHOM? venerdì 2 ottobre 2015 bank loans www.innovationitaly.it/en/ Page 34 of 211 Macro-sector Energy management and production Sector Energy management and production COMPANY NAME SMART-I WEB SITE www.smart-interaction.com REGION Lazio ACTIVITY CODE - Codice AT 72.19.09 DATE OF INCORPORATION 10/10/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE SmartEye is the new intelligent system to reduce the energy consumption for public lighting and to provide interactive services for Smart City. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM SMART-I is a young and passionate Company that brings easily people to challenge their qualities. Our Team has common vision of enterprise that leads to choices easily shared, and it is well balanced between technical development and business growth, which leaves room to ideas and research about new technologies, without losing the goal of business. The founders Mauro and Gabriele met some years ago in the first Italian Drone Company where they have frequently collaborated on the development of intelligent systems based on computer vision for military drones, and they have often cooperated in international technology projects, being in perfect harmony both from technical and management point of view.Mauro is the Company’s CEO, while Gabriele is the CTO.Part of the team are also the qualified staff from Enel S.p.A. that are part of the Board of Directors (Donata Susca) and of the Advisory Board (Luciano Tommasi).The development team is made of high skill engineers, designer and computer scientist, most of them with a PhD in their field.Currently the Company team is totally made of 9 people, plus the Enel staff.We are currently hiring another team member that will assume the role of CMO. YOUR VISION To create the inter-connected city of the future. YOUR MISSION To help Cities to become Smart, and to increase the quality of life of everyday people by introducing new technology that interacts friendly with the City. YOUR PROJECT Our project is based on the SmartEye System, which is a distributed system of optical sensors that provides different services related to energy savings by means of an automatic urban scene analysis.Once installed on street lamps, the system is able to retrieve autonomously the following information:semantic interpretation of weather conditions, -analysis of the brightness degree of the scene,-detection of moving objects along the visual field,identification and classification of vehicles and pedestrians,-detection of dangerous situations (fire, accidents).The aim is to facilitate the development of a wide urban sensor network, based on SmartEye, which allows for real-time analysis of urban scenarios and the application of adaptive control techniques for the following goals:- adapting the lighting level in public plants according to real-time environmental conditions through the analysis of urban scenarios, both in terms of weather conditions (for example fog) and lighting level(i.e., the contribution of light due to the snow reflection factor); - providing an energy on demand service, which allows to maintain the lighting level to the lowest degree allowed by the law (which is typically determined to assure venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 35 of 211 safety on roads)and increase it only when it is really needed (automatically detecting the presence of a user, such as a vehicle or pedestrian).In order to increase the range of applications and better fit the customer requests, SmartEye is offered to the customer both in a Scalable and in a Stand-Alone configuration. The Scalable version can be purchased to cover a wide set of applications that can be expanded in its functionalities according to pre-set scalable configurations that satisfy an increasing set of needs.According to this, each SmartEye can be up-scaled also during its normal operation, in order to satisfy a unexpected need of the customer.There are three scalable version of SmartEye that can be requested:-SmartEye for Lighting. The base solution that provides different services related to the Energy Savings for public lighting and produce different data related to the City Mobility. It is part of this version also the video stream from the on board camera to a remote visualization device. -SmartEye Plus. The plus solution that extend the Lighting version increasing the set of data available for City Mobility and provides extra functionalities related to Parking Control and to the Traffic Light Management.-SmartEye Evolution. The best of SmartEye! The Plus version with also an intelligent security module that provides extended services related to the Urban Security, the Road Safety Analysis, and much more, included also an automatic alarm report system.At the same time, two StandAlone configurations are also possible to satisfy the customer need to cover only a well determined area of application:-SmartEye Road Care. The StandAlone Full Mobility solution that provides different data & services related to the City Mobility. It is part of this version also the video stream from the on board camera to a remote visualization device.-SmartEye City Safe. The Stand-Alone Full Security solution for more than video surveillance: it contains an intelligent security module that provides extended services related to the Urban Security, the Road Safety Analysis, included also an automatic alarm report system. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Italian patent and PCT for the system SmartEye.SmartEye is a system characterized by a distributed network of smart optical sensors for adaptive, predictive, and on-demand control of public lighting. The invention pertains to the technical sector of monitoring and video-surveillance installations. SmartEye is a smart apparatus for adaptive, predictive, and on-demand control of public lighting, characterized in that it comprises at least one local device, equipped with optical means for acquisition of images and/or video streams, data-processing means, as well as further means for continuous and automatic on-board analysis of the set of variables regarding at least traffic conditions, weather conditions, and degree of luminance of the stretch of road being analysed. COPYRIGHT SmartEye design and logo copyright is on-going. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 9B$ in 2019 We are now approaching the market and promoting the Solution around Europe. The market itself is still under expansion and not yet ready. Anyway, we expect to reach a share of the market of about 20% in the next 5 years. Although the main core of the SmartEye System is the local sensor installed on the street lamps, and although the SmartEye node, compared to the traditional sensors, can acquire much more information with is sole sensor than a set of connected traditional sensors, the targeted market of the product is related to www.innovationitaly.it/en/ Page 36 of 211 the solutions available for Smart Lighting. Currently, the market is governed mainly by start-up companies, with at least 20 companies that offer various forms of intelligent lighting systems on a world scale.The main competitors are identified as follow:- Lonworks that proposes a system that allows for dimming based on default programming;- Illuminetsys , which provides a system for lighting adaptive control, analyzing the lighting parameters with a CMOS Low Light camera sensor;- Lightmeter, which proposes a photovoltaic cell for the analysis of the brightness at night;- Philips Lumimotion, that is a video optical sensor that detects the presence of pedestrians and cyclists and adapts the light consequently to their passage;- Umpi WTC (Wise Traffic Controller), that is able to detect the traffic flux over urban roads, classifying the type of vehicle and the main dynamic parameters (as mean speed).- Lightwell, a compact sensor module for occupancy based lighting, monitoring and controlling of outdoor streetlights COMPETITIVE ADVANTAGE Our product competitive advantage is related to the SmartEye increases significantly the energy savings for public lighting up to 80% when coupled with led lamps, thus extending the business opportunities of the commercial partner (ESCO) and providing economic benefits to the end user (Public Authorities). Moreover SmartEye is able to provide different services with just one installation, as for example smart parking, road monitoring, and urban security. From the business point of view the System is not sold as a product purchase, but as a service. It means that the customer is required to pay a monthly fee to get the benefits, instead of buying, installing and maintain the product. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 750,00€ FROM WHOM? venerdì 2 ottobre 2015 We received a grant of 100K€ in 2013We received a first round of funding of 250K€ from Enel S.p.A.We won the Enel Lab competition and received in total 650K€ of funding from Enel S.p.A. in exchange of shares. www.innovationitaly.it/en/ Page 37 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME 221e s.r.l WEB SITE Www.221e.it REGION Veneto ACTIVITY CODE - Codice AT 62 - 02 DATE OF INCORPORATION 12/12/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Our main products are inertial sensors and their possible applications. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM The founder and ceo worked for about 10 years in a multinational enterprise, developing the technology behind their multi-prize winning security product. After that he decided to found the company and selected a team of engeneers who collaborated with the university in the R&D department.The General Manager, who mainly takes care of the commercial, pr, marketing and financing side, has an international experience, having worked for many years outside Italy. The team is young, very motived and competent. YOUR VISION Our vision is to create an innovative firm that develops smart products. Applying new approaches to tackle challenging questions. Our purpose is to contribute to the advancement of technology to benefit people. YOUR MISSION Our mission is to contribute to a continuous change towards a better world. Putting our research at the service of people, while respecting the environment and improving the living standards. YOUR PROJECT We are developing smart products based on the technology of inertial sensors useful for safety or performance enhancing in different fields.In particular we can sell our sensor for B2B or/and we can develop finished product lines to be sold B2C. At the moment we are working in two different projects, developed as possible applications of intertial sensors: a system for drone safety and a movement/performance tracker for sport and medicine. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Waiting for approval of a patent regarding a system for protection for drones to avoid damage to the drone itself and above all to people when the drone fall. COPYRIGHT No copyright at the moment MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 1.000.000.000 3% corrisponding to 3.000.000 of euro The most important player in the inertial sensor industry is a belgian company, x-sense, but they are mainly specialized in the entratainment industry, while we prefer focusing on other possibilities.There are other companies that produce inertial sensors, but our products have a very high performance compared to the other competitors. www.innovationitaly.it/en/ Page 38 of 211 COMPETITIVE ADVANTAGE We are flexible and we offer a range of other technologies that can be connected with the inertial sensors, useful to create advanced smart products.Moreover, our sensors have the best performance on the market and a very competitive quality/price ratio. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 70 FROM WHOM? venerdì 2 ottobre 2015 We received two public financing, one from the Veneto region for 50.000 euro and the other from the Treviso Chamber of Commerce for 20.000 euro, gaining two different startup call. www.innovationitaly.it/en/ Page 39 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME Alleantia S.r.l. WEB SITE www.alleantia.com/en REGION Toscana ACTIVITY CODE - Codice AT 62.09.09 DATE OF INCORPORATION 06/06/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Plug&Play Industrial Internet of Things. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Alleantia has a well-diversified management team with very qualified executives and board, having extensive experience on technical development, business development and business management.Antonio Conati Barbaro is Chairman & CEO, Former Telco BU Director in Accenture, 20+ years in telecommunication networks and services, large scale ICT projects, solution lead for mobile service platform (SDP) and IP mediation platform. Accenture Inventor Award 2006, coauthor of one international patent. Formerly Software Engineer at AT&T Bell Labs. Profile at it.linkedin.com/in/antonioconatibarbaro.Stefano Linari, Alleantia CTO, serial entrepreneur (Linari Engineering, SM&T), MS with honors in Nuclear Engineering, international projects at CERN Geneva (CMS project (the Higgs Boson experiment) cooling system) and FNAL Chicago (ILC Project). 12+ years of experience in industrial automation (PLC, SCADA, and motion control), process control and design). Holds five national and international patents. Profile at: it.linkedin.com/in/slinari.Advisors: - Ken Forster: Entrepreneur, Executive, Advisor and Investor with 25+ - years experience. Formerly Managing Director EMEA, ThingWorx. Profile on www.linkedin.com/pub/dir/Ken/Forster- Pierluigi Zenevre: Entrepreneur, Executive, Strategic Advisor with 30 years experience in Manufacturing, Tooling machines, Automation. Profile on it.linkedin.com/pub/pier-luigizenevre/57/985/1ba- Francesco Torelli, Lawyer at international law Firm Bird & Bird, formerly General Counsel in a Venture Capital firm. Profile on it.linkedin.com/pub/francesco-torelli/2/577/7b. YOUR VISION Business-effective Industrial Internet of Things deployment require (a) easy, fast and scalable integration of existing devices used today (5+ billions, that will remain in place for many years) and the new ones, and (b) making devices information and interaction capabilities available across all Enterprise applications, to support IoT-driven process transformation. YOUR MISSION Make any application communicate with any industrial device, plug&play. Our solution enable software providers, system integrator and infrastructure providers to serve its customers by making devices integral part of Enterprise Architecture, through its information and interaction. YOUR PROJECT venerdì 2 ottobre 2015 "Only 0,6% of devices are connected today (Cisco, Dec 2014)”. Whatever the number, Alleantia connects the remaining 99,4%, plug&play, to any application. Factories, machines, buildings, already use billions of legacy devices, capable to provide useful information and interactions. New devices are added continuously, while enterprise require additional information and www.innovationitaly.it/en/ Page 40 of 211 control capabilities. A vast minority, tough, is ‘IoT enabled’. Traditionally, devices integrates to specific ‘silos’ applications (e.g. SCADA systems) with costly ad-hoc development and integration, requiring expert personnel. Basically, IoT Application Cloud Platforms follows similar approach. Markets require now a complete, dynamic integration of physical devices to many IT applications (ERP, CRM, Asset Management, Analytics, …), supporting all enterprise stakeholders and processes transformation. Alleantia provides the capability to connect plug&play any device to Enterprise ICT and the Web in a multi-vendor / multi-cloud model. Alleantia XPANGO technology makes any device IoT- and Web-ready and interoperable in seconds, with an unified device semantic. Around XPANGO we built the Library of <Things> that sports already 3500+ device plug-ins (the largest worldwide). Our powerful IoT Gateways connect devices, add intelligence, creating 'device avatars' that support multiple concurrent applications through several APIs (REST, Modbus, FTP, proprietary plug-ins). Alleantia Cloud-Gate platform create a powerful middleware to integrate any kind of device to any Enterprise applications, platforms and vertical solution. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS In October 2014 we filed for EU Patent covering a special device for using Alleantia technology on smartphones, in home and small business environment. COPYRIGHT None at this stage. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 10B€ by 2017 Currently we address only Italian market (limited by resources constraints), but we have several request to expand in US, Europe, and Asia. 150+ systems deployed, thousands of devices controlled, growing in the manufacturing, service management, energy and Telco sectors.Being already engaged with very large providers (2 among Fortune 500 companies), and pushing forward internationalization and positioning in Manufacturing, assuming appropriate investments supporting we expect to positions as one of the primary provider of IIoT integration middleware in Europe and selected non-EU areas, used by many software vendors and integrators. Our current direct competitors are ‘ad hoc’ development required for deploying IoT Applications and protocol gateway vendors (e.g. Netbiter/HMS, EWON, Advantech, Eurotech). Indirect competitors for IIoT solutions are IoT Application Platforms. COMPETITIVE ADVANTAGE The vast majority of IoT Application Platforms deals only with 'smart devices' (intelligent, IP connected, web-managed, app-driven etc.), while integration of legacy is done in general through ad-hoc integration. Besides, competitor’s approach drives implementation of vertical silos, non-interoperable, challenging the achievement of the whole IoT-driven Enterprise transformation potential.We provide a turnkey solution for these two BIG problems. As such, our ‘unfair competitive advantage’ is: • Plug&play device integration, for any technology• Designed to support multiple applications and software• Integration architecture supporting concurrent applications• Flexible software-defined expandable solution• As-a-service target business model.ABI research nominated Alleantia among the 2015 Hot Tech Innovators, while Cambridge BLN IoT named it 'One to Watch'. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 41 of 211 HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 200k€ FROM WHOM? venerdì 2 ottobre 2015 Shareholders are currently 10, among them some of our advisors Zenevre and Torelli (see below) and bespoken Italian Business Angels:• Marco Bicocchi Pichi, MBA, entrepreneur and start-up board member of several successful startups. Board Member at Italia Startup (association). Italy's Business Angel of the Year 2013. President at ItaliaStartup. Profile on: it.linkedin.com/in/marcobicocchipichi• Alberto Giusti, Managerial Engineering, Internet expert, Serial Entrepreneur, investor in more than 10 internet and software companies. Profile on it.linkedin.com/in/albertogiusti www.innovationitaly.it/en/ Page 42 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME Bclever srls WEB SITE www.bclever.it REGION Veneto ACTIVITY CODE - Codice AT 28.99.2 Fabbricazione di robot industriali per usi molteplici (incluse parti e acces DATE OF INCORPORATION 26/09/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE A printer able to change our home PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM The team is composed by three founders (one graduated in business administration, two in engineering) and three employee involved in the technical development. YOUR VISION To make the buildings nice YOUR MISSION To become the leader in big surfaces decoration YOUR PROJECT To develop a printer able do decorate big surfaces in a very easy way, without limits. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS PCT/IB2012/000929 Device to reproduce images or graphical patterns in general on surfaces, and corresponding method COPYRIGHT no copyright MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 15.000.000.000 0,05% (value of the share 7.500.000€). There are two competitor company, one in Australia and one in China, producing a vertical plotter able to print over walls. Both the printer don't have the ability to reproduce an image bigger than the dimensions of the printer. COMPETITIVE ADVANTAGE Spider is the first printer in the world with the ability to print with two variable dimensions. This new logic allows the image printing on different materials with the desired dimensions. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 118,63 FROM WHOM? venerdì 2 ottobre 2015 The company raise 118.630€ by public grants. The company received also public grants confirmations for 436.470€ and public loans confirmations for 430.400€ www.innovationitaly.it/en/ Page 43 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME Biotechware SRL WEB SITE www.biotechware.com REGION Piemonte ACTIVITY CODE - Codice AT 26.60.02 DATE OF INCORPORATION 14/02/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION CardioPAD PRO is a 12 leads professional ECG aimed at professionals who wish to have a telemedicine platform. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM We have different expertise (Software,Hardware, Medical Devices, Regulatory, Legal, Marketing).The R&D team average age is 34.Management team has different support from consultant and some shareholders who actively support the Board. The team is multicultural (Dutch and Persian) and each member know that together we achieve more. YOUR VISION Cloud Technology and Internet of Things will disrupt the traditional healthcare model. YOUR MISSION Biotechware will be the Cloud Services provider for healthcare data, leveraging costs of the traditional healthcare model. YOUR PROJECT We wish to grow and accelerate development and sales to complete our vision. NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) up to 250.000 PATENTS UIBM/EPO Patent concerning portable solution for easing the use of a medical device for the Patient and the Operator at the same time. COPYRIGHT Cloud platform for storage and evaluation of medical records, integrated with devices for telemedicine solutions. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 6000000 We expect to reach 2000 Pharmacies in 1 year. Aerotel/Card Guard are manufactures with telemedicine products.Philips/Schiller are incumbent that may be able to enter the telemedicine market. COMPETITIVE ADVANTAGE The business model is platform as a Service. We are focusing different niches from main competitors and we provide a combination of products and services that are strongly connected. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 500000 FROM WHOM? venerdì 2 ottobre 2015 Victoria Asset Management, Switzerland.Asset Management www.innovationitaly.it/en/ Page 44 of 211 company.David Trabaldo TognaBusiness AngetTelemedico SRLCompany that since 1995 works in the telemedicine field. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 45 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME Buono Vending Srl WEB SITE www.buonovending.com REGION Lombardia ACTIVITY CODE - Codice AT 28.93.00 DATE OF INCORPORATION 10/12/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Buono Vending: the ice-cream chariot in the digital age. PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PROTOTYPE Stefano Maggiolino, CEO - PhD in Material Sciences - experienced entrepreneur having successfully developed and succesfully sold a high-tech start-up. Nicola Scuor, CTO, - PhD in Material Science - 15 years experience in consulting and teaching. Roberta Visintin, Design Manager, MSc in Industrial Design. Alberto Emprin (MSc Eng./MBA) - Business Development- 20 years experience - Cristina Mauri - MSc Economics - Administration - 20 years experience. YOUR VISION We will become the global reference in vending system for artisan hard icecream, allowing small and medium sized producers to compete against industrial ice-cream treats with more genuine and varied products. YOUR MISSION We are on a mission to reinvent the ice-cream chariot and bring-it to the digital age: artisan hard ice-cream is globally a growing market, but artisan producers face hard competition from soft-ice cream & frozen yogurt shops, prepackaged ice-cream, high fixed costs per point of sale and unsold product waste. YOUR PROJECT Buono Vending design, manufacture and market innovative packaging and vending system for the automatic vending of traditional hard-pack ice cream (e.g. "Italian gelato"). We will allow artisan ice cream producers and new entrepreneurs to sell their products in new locations, 24 hours a day, to multiply their selling points with limited investments, to reach and interact with their customers while improving their productivity, reducing waste and hygienic risks.Our system consist of a packaging machine whichcan process any kind of ice-cream, and a number of highly customizable, interactive vending machines able to deliver 1,2 or 3serve of ice-cream complete with a choice of up to 8 toppings. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS A) Italian patent request UD2014A000130 (July 2014)B) Patent extension filing (PCT) PCT/IB2015/055684 (July 2015)The patend filed describes an equipment to automatically store frozen and serve frozen food (e.g. icecream) and the method thereof.The patent request covers the core of the technology of Buono Vending icecream automatic serving system, including the multiple, single serve packaging used to store frozen and dispense individual venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 46 of 211 icecream balls, and the microwave heating system used to prepare it for consumption. COPYRIGHT None MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 50 M€ We expect a turnover of approximately 500 k€ in 2016, based on national sales and without further investments, and we expect to enter into foreign markets as soon as 2017 based on potential new international investors and partners.. Icetro (Corea), Moobella (USA), Bravitech (Italy), Gelmatic (Italy)Note: none of the above companies serve the same type of product provided by Buono Vending. COMPETITIVE ADVANTAGE Putting together a smart portioning & packaging solution with a flexible automatic vending system, we have created a new and unique breed of "icecream points of sale" suitable to replace or implement the traditional parlors and ice-cream chariots, with several additional advantages. IPR strategy is in place and the speed of development in thenational market and support from international investors/partners shall allow us to be well ahead of the competition on a global basis. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 300000 FROM WHOM? venerdì 2 ottobre 2015 Freecapital Srl is a private investing fierm based in Milan who invested 100k€ plus committed to another 100k€ based on milestones achievements.An Italian Business Angel invested as well another 50k€ plus committed to another 50k€ based on milestones achievements.Note: Buono Vending received in July 2015 a grant for a long-term/loan of approximately 700k€ from a national www.innovationitaly.it/en/ Page 47 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME Digital Habits SRL WEB SITE www.digitalhabits.it REGION Trentino Alto Adige ACTIVITY CODE - Codice AT 72.19.09 DATE OF INCORPORATION 26/10/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE 5 Connected products which combine elements of sound and light. These design objects provide a great user experience with wireless controls, touch or gesture interface and open the access to richer features through an ecosystem of connected apps PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM We have a seasoned Management team of professionals with 15+ years of experience in designing, engineering and distributing high end consumer products.Giulio Gaioni: CEO & serial digital entrepreneur, +20 Years developing high performance businesses for KLM NL, Sainsbury UK, Mercedes Benz DE. Innocenzo Rifino: Designer +15 year styling products for Panasonic Japan, Haier China, Comelit Italy Diego Rossi: Head of Product, +15 developing consumer products for Luce Plan, Panasonic, HaierGiancarlo Virgillito: Product Engineer, +40 Years in engineering entertainment systemsGiacomo Degl’Innocenti: International Sales Manager, +15 years developing markets and sales networks for companies such as AdNotam, Polk, etc. YOUR VISION In 3-5 Years from now the way we live in our homes will be revolutionized realizing the “Connected Home” vision. People will use Phones, Tables and TVs as remote controls to improve their experience, wellbeing and entertainment in the home. YOUR MISSION We develop high-end design products and systems that improve entertainment and wellbeing in the connected home, making life easier and creating a superior experience. We are closing a gap in the current market where the focus is on automation systems forgetting the end-device which is often dump and cheap. Digital Habits give a new role to the end-device making it valuable and feature rich. YOUR PROJECT Digital Habits is an innovative tech company based in Milan that creates connected design products engineered to make life simpler.We take a new approach to improve the experience of people that look for innovative high quality products which are easy to use. With a perfect balance between style and technology our products represent the new essence of Italian design, simple and elegant products that give an exclusive experience in your home.We won several international awards (RedDot Design, Core 77, Expo Award) and received a large press coverage (selected by CNN as best 10 Technology objects for your home, presented on TED Talks ideas worth spreading, The Telegraph, Mashable, Gizmag)Our products are unique as they blend multiple levels of perception (sound and light) can be used with a gestural interface, without touching any button with simple movements of your hand or with an iOS or Android App. We have closed the market test phase, started distribution in Italy and given our current high export ratio are venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 48 of 211 looking at expanding our sales internationally.We are looking at a partner that can support us in the growth of our business providing financial capital or synergies to create critical mass and economies of scale NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We have a design patents that cover the design and features of our latest innovative connected product CROMATICA. This is registered by the UAMI in the European Union. COPYRIGHT We have copyrights of our firmware, software and mobile apps. We adopt an Open Strategy of entry versions of our solution as a commercial strategy to stimulate adoption within the development community to help grow our mobile app ecosystem. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Several Billions The reference market is very wide. Within a year we will achieve a fraction of percent of the addressable market. We target revenues of 5-8 Millions in next 3-5 years. Our products, especially CROMATICA our latest development are unique and do not have direct competition. In the “Connected Home Market” there are a lot of small new players focusing on different niches such as: home security (cameras, etc), Energy Saving (thermostats), etc. We focus on home entertainment. COMPETITIVE ADVANTAGE We bring to the market unique products with a unique value proposition including: attractive superior design, mobile apps connectivity, innovative gesture interface and a new functional experience in entertainment blending sound and light HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 104.000 Euro FROM WHOM? venerdì 2 ottobre 2015 We received 104K Euro in funding from the province of Trento investing in High Tech. www.innovationitaly.it/en/ Page 49 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME D-Orbit WEB SITE www.deorbitaldevices.com REGION Lombardia ACTIVITY CODE - Codice AT 721909 DATE OF INCORPORATION 07/03/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE The smart propulsive decommissioning device works to make space safer. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM D-Orbit's team includes senior officers and managers with decades of experience in the aerospace industry. We hired also young but skilled engineers now trained among according to space standards (i.e. ESA training). Currently DOrbit has 28 people among Italy, Portugal and US. YOUR VISION Space is an asset human being is starting using and will be a key environment for the future growth of our kind. D-Orbit is going to be the industry leader on sustainable space system development offering products and service to help mitigating space pollution issues and correctly manage the orbital space for commercial and public entities. YOUR MISSION Every satellite launched in space shall be decommissioned at the end of mission via a safe and fast manoeuver that will dispose it in a controlled way. DOrbit is the only provider of technology ensuring full compliance with current and future regulations. YOUR PROJECT D- Orbit aims to significantly contribute to sustainability in Earth and Space, for both the main stakeholders: satellite manufacturers and operators. D-Orbit has obtained many positives feedbacks and endorsements from such players like ESA, NASA and the Italian Space Agency (ASI) and received strong interests from customers and end-users. The expected outcome of the project is to make the decommissioning device a standard and fully integrated part of any space-bound satellite and launcher stages. D-Orbit has developed a smart propulsive device that can be installed on satellites before launch and is able to remove in a quick, safe and controlled manner any kind of satellite from its orbit, in order to avoid collision with other operating spacecraft or falling uncontrolled on Earth. Its device extends the operative life of the satellite by up to six months, allows for easier and cheaper decommissioning operations, and helps re-position the satellite in case of launch failure or for rapid collision avoidance maneuvers.The next step will be addressing satellites already in space. NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) up to 250.000 PATENTS ITALY (N. 0001406511) granted on 24-Feb-2014PCT (PCT/EP2012/064123) submitted on 18-Jul-2012 - PendingEPO PCT/EP2012/064123 submitted on 15-Jan-2014 - PendingUSA 14/232,869 submitted on 14-Jan-2014 PendingCHINA 201280035941.8 submitted on 20-Jan-2014 - PendingRUSSIA 2014 105836 submitted on 17-Feb-2014 - PendingINDIA 1036/CHENP/2014 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 50 of 211 submitted on 10-Feb-2014 - PendingCANADA 2,841,893 submitted on 17-Feb2014 - PendingAUSTRALIA 2012 285783 submitted on 10-Jan-2014 PendingBRASIL BR 11 2014 001459-0 submitted on 21-Jan-2014 PendingUKRAINE 2014-01585 submitted on 17-Feb-2014 - PendingJAPAN 2014-520656 submitted on 3-Jun-2014 - PendingSOUTH KOREA 10-20147004112 submitted on 18-Feb-2014 - Pending COPYRIGHT D-Orbit brand is protected in the following countries: Italy, european Community, China, India, Japan, Russian Federation, USA MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS €200 billion/year Addressable market: $53B 0,008 Passive decommissioning systems (solar sails, tethers, inflatable balloon), however, at low technology readiness level.Satellites’ on board propulsion system currently used for decommissioning. COMPETITIVE ADVANTAGE Independent: our system works even if the satellite stop workingAutonomous: our system does not require any support from the satellite to decommission it. With our system satellite operators can use the full amount of propellant onboard and effectively generate extra revenue extending the life of the satellite up to 6 monthsFast: our system remove a satellite in hours, instead than yearsCost effective: it is cheaper than any other system providing same features. The cost is covered by the extra-revenues and savings the satellite operator can have using itCompliance: fully compliant with current and incoming regulation. Today, the only independent system dedicated to decommissioning and fully compliant on the market. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? €3.5m FROM WHOM? venerdì 2 ottobre 2015 TTSeed SrlQuadrivio Capital SGR Venture Capital fundComo Ventures dedicated to fostering technology start-upsFinancial debt by Unicredit www.innovationitaly.it/en/ Page 51 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME GARULEU s.r.l. WEB SITE www.garuleu.it REGION Sardegna ACTIVITY CODE - Codice AT 28.30.9 DATE OF INCORPORATION 07/12/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Revolutionizing beekeeping: automation technology for the production of royal jelly PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Researchers of University of Rome La Sapienza compose the team. Their skills cover the knowledge necessary for the design and industrialization of the apparatus. Our CEO guarantees the economics and financial knowledge. YOUR VISION In the next years, we could offer an innovative solution, which can revolutionize the world of beekeeping. YOUR MISSION Provide innovation for increasing the productivity in the field of agriculture and beekeeping YOUR PROJECT Garuleu mission is to manufacture and to sell an automatic system for increasing the production of the royal jelly. Now, we have completely developed the prototype but for entering in the market, it will be necessary to find financial resources for the following tasks: • Developing of the product for the market ; • Increasing the staff;In fact, these two goals are necessary for starting the production of the machine. In particular, for the marketing it will be necessary the engineering of the machine and at the same time, for starting with the production it will be necessary to employ new people and to invest in stock. From our analysis, we will be able to enter in the market in one year from the start of the above described tasks. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Italian Patent N. 1417414, being converted into European patent (application no. 2908624). An apparatus adapted automatically to handle larvae grafting operations in beekeeping, which is the essential, and most time-consuming operation in royal jelly production. In particular: • By way of a camera, we scan the honeycomb in order to identify the appropriate larvae; • Image processing procedures are used to detect the perimeters and the centers of the cells and of the larvae in the cells for identifying the good larvae• These larvae are extracted using a manipulator adapted to pick from the cells and to placed into artificial cells COPYRIGHT NONE MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 2.000.000 Design of the machine, and projected price, has been defined after discussing with the main Italian operators www.innovationitaly.it/en/ Page 52 of 211 (CoPait). In this way, we have opened a channel with our principal perspective customers, and no competition exists currently, so that we predict 100% share. YOUR COMPETITORS From our market analysis at the moment none competitors exist on the market COMPETITIVE ADVANTAGE We are the one and only producer of the proposed apparatus that reduces the grafting cost. The cost of manual grafting technique is about 40% of the total cost for typical royal jelly production. The wholesale price of the royal jelly is about € 300 per kg. Increasing the production about of 20kg, a typical beekeeping enterprise will have an € 6000 per year increase of the profit, compared to 7000€ projected price of the machine. CoPAIT strongly supports adoption of the machine, also towards the French market. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 120 FROM WHOM? venerdì 2 ottobre 2015 Funding from Region Sardinia (piano di sviluppo aziendale, cofinanziato da Sardegna Ricerche nell’ambito del P.O.R. F.E.S.R. Sardegna 2007 – 2013 Linea di attività 6.2.1.a “Sostegno alla creazione e sviluppo di imprese spin-off da Università e centri di ricerca e alla creazione e sviluppo di nuove imprese innovative”) www.innovationitaly.it/en/ Page 53 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME GD INTERNATIONAL SRL WEB SITE WWW.GDINTERNATIONAL.IT REGION Emilia Romagna ACTIVITY CODE - Codice AT 77.40.00 DATE OF INCORPORATION 04/12/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION The first case "All In One" Smartphone that integrates a retractable stereo earphones with mic remote independent (useful for telephone - ideal for Face Time) and / or listen to music with high quality of sound and consistent with the Shock Protection in case of fall. With this product we are creating a new market segment that combines a protective case for your mobile and protection to humans from radiation using earphones with you. Let's start with the best-selling smartphones in the world: iPhone 5 / 5s from June 2015 to October 2015 iPhone6. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Gabriele Zecca as Ceo and project manager.An external team as remunerated partners for:Industrial Design, Packaging, Industrial production, Engineering team, web design, Meccatronica company, YOUR VISION Help the new generations on using better the smartphones: safer and enjoiable way.the main target is who needs to spend more than 2 hours calling without using the earphones and who wants to have always available the smartphones tools (music, facetime, skype, ...) without having the doubt: "where are the earphones?" YOUR MISSION Develop products to support a Smart and Healthy way to use the Smartphones, Phablet and Tablets, exploiting all the time the best from a Smartphones with lower health impact. YOUR PROJECT Launch the first case for Smartphone that integrates a retractable stereo earphones with mic remote independent (useful for telephone - ideal for Face Time) and / or listen to music with high quality of sound and consistent with the Shock Protection in case of fall. Develop new tools that can be added to a Case to solve the main problems that a normal person can afford any time he/she is affording on using his/her smartphone. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Brevetto concesso in Italia n. 0001411869 del 7-11-2014, PCT⁄IB203⁄001070 richiesto 28/05/2013.The present invention relates to an apparatus for reproducing sounds, removably fixable to an electronic device such as a mobile telephone or a multimedia player of audio files or the like. In greater detail, the present invention relates to an apparatus for reproducing sounds, provided with a sound loudspeaker which can be located in proximity to a user’s ear. As is known, a problem which occurs in the field of mobile telephony relates to enabling use of the mobile telephone, or otherelectronic device, while leaving the user’s hands free, especially if the user is occupied in driving a vehicle, or venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 54 of 211 maintaining the apparatus distant from the ear, so as to avoid damaging Electromagnetic influences. COPYRIGHT The first case "All In One" Smartphone that integrates a retractable stereo earphones with mic remote independent (useful for telephone - ideal for Face Time) and / or listen to music with high quality of sound and consistent with the Shock Protection in case of fall. With this product we are creating a new market segment that combines a protective case for your mobile and protection to humans from radiation using earphones with you. Let's start with the bestselling smartphones in the world: iPhone 5 / 5s from June 2015 to October 2015 iPhone6. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 600 mio Euro 0,4% Anyone directly, but, becouse the earphones and the protective cases you can buy separately, we can think part of this markets could be an interesting source of business. COMPETITIVE ADVANTAGE Uniqueness, Italian Industrial design, manufacture plastic materials in Italy, Mechatronics components assembled and controlled in Italy, Competitive Edge is the Complexity of the different components and business model.the pipeline of new products is very rich for smartphones and tablets. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 100.000,00 € FROM WHOM? venerdì 2 ottobre 2015 One share holder is financing 50% of the project. www.innovationitaly.it/en/ Page 55 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME H.I.C.S. (Human Interface Control System) WEB SITE www.hicsperience.com REGION Basilicata ACTIVITY CODE - Codice AT 27.90.09 DATE OF INCORPORATION 24/08/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE customizable touch panel, high design, low cost, multi-sensory terminal PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM - Dr. Gerardo Graziano he worked in major auditing firms and Business Consultancy (Price Waterhouse, Ernst&Young). business consultant, follows development plans and restructuring for a number of important groups and startup- Ing. Bruno De Nisco, deals with plant HBA and technical legislation, writes books and articles in trade magazines.- Ing. Massimiliano Malavasi, deals with plant HBA in the area of assistive technology for disabled people, writes scientific articles,member of the leading industry associations.- L'Aquila university computer science department (prof. Fabio Graziosi)- Prof. Egidio Mancianti, one of the fathers of the HBA in Italy. YOUR VISION WAND, is the norm in my rooms. WAND reduces the structural complexity and cost of managing family becoming an indispensable support in every room of the house. YOUR MISSION Provide a system of information (information technology + automation) tailored for families, scalable and adaptable "real-time", the cost of which is covered by savings and customized services provided in each room of the house. YOUR PROJECT The project of the HICS overcomes the division between information technology products (information technologies) and domestic systems (home automation), creating infomation devices (info+mation) high-tech and lowcost (taking advantage of economies of scale in other areas of technology) that allows a simplified and efficient use of the house, the domestic systems, electronic devices and services on-line. HICS systems are applicable in houses where there are already home automation systems or in homes with traditional systems without performing building work. The touch panel WAND already connects with the main systems of HBA and many electronic devices present on the market. The project has undergone changes and adjustments thanks to the suggestions of experts who have viewed the project. The company HICS is also developing other devices owners to offer low-cost solutions for homes with traditional systems. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS WAND,a small touch panel (-based) device to be mounted inside standard boxes on the wall, as part of the wiring system of the building.Italian patent (design) n° 102321 del 22/05/2015 TOUCHPANEL SENSORS WITH CAMERA AND FRAME WITH REDUCED TO A MINIMUM THICKNESS PERMITTED BY venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 56 of 211 TECHNOLOGY, APPLICABLE TO THE WALL OR BUILT(request extension patent europe and the united states)Italian patent (design) n° 102322 del 22/05/2015TOUCHPANEL FULL SCREEN FRAME WITH REDUCED TO A MINIMUM THICKNESS PERMITTED BY TECHNOLOGY, APPLICABLE TO THE WALL OR BUILT(request extension patent europe and the united states) COPYRIGHT WAND behaves as an advanced interface for interaction among the various HBA systems, electronics devices, and information services. Patenting process is ongoing. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS $58.9 billion in 2014 up to 0,5 mln euro Crestron, AMX,Legrand, etc. currently there are products that have different shapes and sizes, reduced functionality, high cost and the need for electrical work for installation. COMPETITIVE ADVANTAGE Cost of production is very low, no electrical work for installation, simplified management of devices and services, integration third-party systems and IT devices. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? Around 300.000 euro FROM WHOM? venerdì 2 ottobre 2015 Currently no investors. HICS is ranked in first place of the notice on the start-up of the Region of Basilicata and is funded by c.ca 200,000 euro grant www.innovationitaly.it/en/ Page 57 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME Industrie Additive Srl WEB SITE www.industrieadditive.com REGION Piemonte ACTIVITY CODE - Codice AT 28.49.09 DATE OF INCORPORATION 10/10/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE New affordable and reliable Metal 3D Printer able to timlessly build big near net shape part at a fraction of the costs it used to take. PRODUCT STAGE OF DEVELOPMENT CONCEPT YOUR TEAM A team of passionate engineers, supported by high-skilled external professionals and an executive-entrepreneur leading and sharing with them the duty of the start-up venture. We are eager to speed-up our research and willing to share our experience, inventions and enthusiasm with a solid industrial and financial partner. YOUR VISION Unleash Additive Manufacturing over a wider customers base, reaching new market segments (including some high-tech ones, such as "in-space" research for new manufacturing processes) leveraging the easiness, affordability and reliability of the process. YOUR MISSION Efficiently design and engineer a full range of polymer and metal, wire-feed additive manufacturing industrial systems through continuous innovation; investing in human and knowledge capital. YOUR PROJECT The final goal of the project is to prototype and industrialise an additive manufacturing system using a direct energy deposition technique, enabled by wire-feeded advanced welding techniques (Plasma, CMT, others) to produce 3D metal parts in different metal alloys - directly from a CAD design. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS One Patent, filed October 2014 nr. TO2014A000851, obtained preliminary approval from European Patent Office. The invention relates to Additive Manufacturing - or 3D printing - process optimisation; specifically, it is suited for large parts 'built' by mean of wire-feed additive manufacturing - approved claims focusing on in-process and post-process heating management. COPYRIGHT Industrie Additive's brand; Product design (industrial-grade 3D printers) by Italdesign - Giugiaro Design. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 Around 0,7B€ (systems only) 0% Wire-feeded Metal Additive Manufacturing is a new approach to the technology. 2014 Wohlers Report, one of the most prominent voices over AM industry data, indicates that a few competitor were in early development stage of new wire-feed machines at the beginning of 2014. www.innovationitaly.it/en/ Page 58 of 211 YOUR COMPETITORS Shiacky Inc.EOS Gmbh3D SystemsStratasys COMPETITIVE ADVANTAGE We applied advanced welding techniques to Additive Manufacturing, using a system that is wire-feed and produce large near-net shape parts using metal alloys. The advantages of our system - applying a patented solution to optimise the heating cycle, especially in large built - are, among others: speed, affordability (easy and cheeper compared to powder-based processes), and dimensions of parts being built. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 400K€ FROM WHOM? venerdì 2 ottobre 2015 The investment has been made by an Industrial PMI (Tauring Spa), and their individual owners, who acquired an overall 35% of the company's shares. www.innovationitaly.it/en/ Page 59 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME INOXSAIL srl WEB SITE www.inoxsail.com REGION Lombardia ACTIVITY CODE - Codice AT 30.12.00 DATE OF INCORPORATION 11/01/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED Self adjusting, modifying and taking, airfoil profile structural fin for sailing yachts PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Roberto Bosi: the founder, inventor, designer and CEO: architect (former entrepreneur in the building industry), sailing instructor and skipper.Claudio Bonini: Engineer (PHD in fluid-dynamics).Laura Bosi: Visual Designer, marketing, operations. YOUR VISION A new concept of maunufacturing leveraging the enormous opportunities of italian tradition and avoiding the big investements of a new factory.Design and engineering using the most advanced software and the particular type of production model allow INOXSAIL to innovate from the core in the nautical industry. The first margins are high: the yachting world is rich and we avoid the dangerous and costly phase of setting a plant and, scaling the supply chain, the big costs of trasportation: we can build anywhere. YOUR MISSION Innovation in the sailing industry nowadays is oriented towards complication, high costs, difficult and dangerous navigation: is for very few people. Rich, athletes, engineers. Fostering an usable innovation we want to enhance the sailing experience for everyone, spreading the culture, the joy and the challenge of sailing among the more people we can. YOUR PROJECT The patented product is a self-adjusting airfoil profile structural fin for sailing yachts. Modifying its airfoil section into asymmetric the fin generate more lift and better directed towards the bow: the whole boat goes faster and more towards the wind. The device does not need any action from the cockpit and does not use energy. The crew will sail as ever without changing mindset nor operations.The other innovation is the developing of a building technology for the hulls of sailing yachts: thin sheets of titanium coupled in a structural sandwich.Light, rebust and safe (unsinkable and unpierceable), durable as titanium and fully recyclable. Our sailing yachts have a traditional design and the highest technology for the best sailing experience. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS One italian patent request deposited (Feb. 2013)One PCT (with priority on italian) with EPO report received: 17 claims out of 17 positive. (Feb. 2014) COPYRIGHT On the designs of the boats there is the normal copyrights of a professional design work. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 60 of 211 MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS € 250 mlns It takes more than one year to foster this kind of innovation. Our goal is to have a stable market of 1/10 of the potential within 5 years. The product is not on the mass market yet and there is very little similar, like the trim-tabs, which are not retail techonlogies. Virtually any shipyard could be a competitor though: the idea is relatively simple and with a revers-engineering process any manufacturer in the nautical industry could became a competitor.There are few patents of something similar the closest is of Mistral (the swiss big one of windsurfs in the '80s), but it has been dropped.Our direct competitors are then the one that produce sails, equipment, electronics or any other product that make sailing yachts go faster and win races. COMPETITIVE ADVANTAGE Besides of the patent, it took us two years for the engineering: structural design, fluid dynamics simulations, velocity predictions, control of deformations and reactions to the sea water flow.The product is now under test at sea and, although we know that with a big investement that advantage is probably reduced to six months, the aim is to remain a step forward of competitors.The Registered Trade Mark "Phinna" has already starded to be used to define the product on italian sailing and nautical magazines: we want that any similar product should be put on the market will be called with our brand. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 164 FROM WHOM? venerdì 2 ottobre 2015 € 50k in december 2013 from business angels€ 114k from the Regione Lombardia program "re-start/start-up" www.innovationitaly.it/en/ Page 61 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME Kentstrapper Srl WEB SITE www.kentstrapper.com REGION Toscana ACTIVITY CODE - Codice AT 26,1 DATE OF INCORPORATION 01/08/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION We produce easy to use 3d printer with high performance PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM We have started as a family company then we have involved external collaborators, to create a team with a backgrounds of different capacities. Each collaborator brings his knowledge within the company to develope the project. The team is divided into areas of expertise : design,manufacture, marketing and sales. The company wanted to focus on the strengths and creativity of young people forming a team with average age of 30 years. Moreover we have college students in internships that receive the opportunity to have a first work experience. YOUR VISION Kentstrapper aims to become a reference point for the Italian technology , creates machines that will help the production process of companies and wants to incorporate the technology of 3D printers in educational processes . R&D is the key driver of the company . YOUR MISSION Kentstrapper company founded as a family wants to spread the technology of 3D printers in professional environments , schools and to individuals. We try to spread this technology in school labs since primary school . We believe this technology let satisfy a basic need of the human society : Make. YOUR PROJECT The company is specialized in the design, production and sale of 3D printers and accessories. Our machines are projected and developed in Italy and are assembled manually with a great attention to details. We also follow the postsale customer with training courses and technical assistance. Kentstrapper currently provides three types of 3D printers: Volta: developed for the company, reliable and precise. Galileo Smart: An entry-level 3d printer, highquality suitable for makers and schools. Galileo SmartUP: A semi-professional printer with a large work area . Thanks to these three products and a lasercut we can provide a complete service that enables the development and custom manufacturing of any object,. People can make real their project in cheap and fast way. We are developing two new projects with innovative features that differentiate it from the current market NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We applied for a patent on an innovative system for our 3d printers COPYRIGHT Our brande is registered in Italy MARKET SEGMENT (ESTIMATED VALUE, EUR) venerdì 2 ottobre 2015 From 2,5 bilion dollars in 2013 to 16,2 bilion dollars in www.innovationitaly.it/en/ Page 62 of 211 2018. YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Kentstrapper aims to become a reference point for the Italian technology, developing new produtct according to the needs of the target market and choosing an appropriate advertising campaign to communicate the products. All this will increase the market share of the company We have many competitors , both national and international , and to make our products the best choice we invest heavily in research and development. R&D is the key driver of the company . COMPETITIVE ADVANTAGE There are many strengths on which our company can rely on. We produce machines affordable but that can compete in quality with machines produced by major companies. We are very comfortable with customers trying to settle quickly a good relationship to make them feel at ease, which is why we are committed to responding quickly to their questions and to satisfy quickly and as well as possible their needs trying to satisfy every need us is required. We focus very much on support after the purchase of the machine trying to follow as much as possible the customer .Another important strength is that it is a family based company and this means that we have created a very close-knit group that tries to collaborate as much as possible. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? Nothing FROM WHOM? venerdì 2 ottobre 2015 We don't have yet any external investors www.innovationitaly.it/en/ Page 63 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME La Comanda srl WEB SITE www.lacomanda.it REGION Lombardia ACTIVITY CODE - Codice AT 46,51 DATE OF INCORPORATION 10/01/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE CLICK'N'PIZZA PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Myself: 45, engineer, ex Manager in Nokia Italy: director of services sales and marketing team. (App stora, maps, music, games)Andrea Gaggi: 50, ex BC and CFo of Nokia Italy YOUR VISION Creating great value by closing small gaps. YOUR MISSION A 1-click device for everybody, to connect people to their services in the easiest and fastest way YOUR PROJECT CLICK'N'PIZZA: a connected fridge button to order your favorite menu with 1 single click. It's also possible to customize menus and recive special promos on the device itself. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS FI2012A000160 - DISPOSITIVO PER LA TRASMISSIONE AUTOMATICA DI ORDINI EPRENOTAZIONI.FI2013A000142 - APPARATO PER LA GESTIONE AUTOMATICA DELL’ASSUNZIONE DIMEDICINALI DA PARTE DEL PAZIENTE. COPYRIGHT comany logo MARKET SEGMENT (ESTIMATED VALUE, EUR) US: USD10Billions+ YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Smartphone apps and other IoT solutions (e.g. Amazon Dash) COMPETITIVE ADVANTAGE First movers. Big endorsement from media after launch at MWC 2015. Still a unique Customer experience HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 515000 FROM WHOM? venerdì 2 ottobre 2015 Private investors www.innovationitaly.it/en/ Page 64 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME Marioway Srl WEB SITE www.marioway.it REGION Lombardia ACTIVITY CODE - Codice AT 30.92.3 DATE OF INCORPORATION 15/04/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE An innovative hands-free, two-wheeled, self-balancing, ergonomic, verticalizing, electric wheelchair. PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PROTOTYPE The management team of Marioway carries the vision to design and bring on the market this innovative wheelchair. Mario Vigentini (Man of vision), has over 20 years' experience in working with people with disabilities. Lorenzo Pompei (CEO, CFO) is a business angel with over 10 year experience in international banking. Massimo Ghidelli (R&D) is a professional engineer with 20 year-experience in mechanics. Gaëlle Garandeau CFO, carbon-neutral account and entrepreneurial skills gained in Asia, Europe and Africa. Flaviano Tarducci is specialised in digital content management and human rights. Luca Castignani, PhD in Mechanical Engineering, automotive director, is our CTO and Innovation Manager. YOUR VISION Marioway is a cultural revolution, a tool of social integration, and a medical device for people unable to walk. Marioway wants to revolutionize the quality of life and the social relationships of people with walking impairments. YOUR MISSION To create a wheelchair so extraordinary that everybody can desire (people with walking impairments as well as able-bodied): ergonomic, hands-free, electricpropelled, allowing the user to move around (both indoorand out-doors) at its original body height and to communicate with others at the same eye-level. YOUR PROJECT Marioway is an innovative social enterprise that aims at revolutioning the use of a wheelchair forpeople with walking impairments.People with walking impairments have trouble in conducting their daily activities due to venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 65 of 211 anoverwhelming amount of wheelchairs available in the market that do not let them use their hands, ergonomically seat or just be simply out and about: this squanders their freedom, life quality and relationships with other people.Marioway is a new path, at the forefront in this field, with the creation of a hands-free and electric propelledwheelchair so extraordinary that everybody can desire it. The device allows the user to move both indoor and outdoors,at its original body height and to communicate with others at the same eye-level. Marioway is fully crafted and designed in Italy and will allow users to benefit from:• interaction with the external world from user's original body height;• customization of the device to user's body;• improvement, thanks to an ergonomic position, of life quality through betterbreathing, digestion, posture;• practice of passive gymnastic;• ownership of a piece of beauty.There is currently no such device on the market that allows a user to benefit from all of the above. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Patent #1 09/08/2013 Italian national phase deposit for patent labelled as “mezzo di locomozione elettrico” BG2013A0000021. PCT extension on 09/08/2014 of “inverted pendulum type vehicle” WO2015/019281 A1. COPYRIGHT On 02/2015 Marioway’s trademark was deposited. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW €€2.06 Billion in 2015 Marioway aims at obtaining a market share of 0.09% of the global electric-powered wheelchairs. YOUR COMPETITORS The main categories for wheelchairs are: manual wheelchairs, power wheelchairs, mobility scooters, stand-wheelchairs, gyroscope-based, and Exoskeletons. Direct competitors or similar ideas to Marioway are: Standard Stand-up wheelchair, such as “Levo” from Switzerland: they are bulky and quite expensive (> € 25k); Gyroscopicbased wheelchairs: i-Bot from J&J Medical Devices was discontinued in 2009 (the price at $ 25k made it out of reach to many, and the design was poor); AddMovement, a Swedish firm, or Going (from HandyTech) and several others offer similar solutions, but do not exceed a few hundreds units sold in total per annum; The Italian Genny Mobility is a viable competitor, although it is not stand up and not hands- venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 66 of 211 free. The potential market is fairly vast (270k users in Western Europe and Northern America, according to our estimates), hence there is room for more than a few manufacturers. COMPETITIVE ADVANTAGE There is not on the market a wheelchair that allows a paraplegic user to: Ride an electric, 100% hands-free mobility device through a combination of upper body movements; Interact with the external world from a natural upright body height; Customize the device to the body’s measures; Thanks to an ergonomic position, improve life quality;Moving easier and safer thanks to an app / improving the security / creating community and integration with other Marioway users / a solar-powered charging station with USB connection.Marioway can be used by ordinary people and by people with disabilities without seeing the difference between the users while riding it. For a person that has stayed many years sat on a wheelchair Marioway could be a lifechanging device. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? €700000 FROM WHOM? venerdì 2 ottobre 2015 Bank and private investors. www.innovationitaly.it/en/ Page 67 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME QUICK SRL WEB SITE www.metrakititalia.com REGION Abruzzo ACTIVITY CODE - Codice AT 309112 DATE OF INCORPORATION 26/07/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION The product range comprises the following models: MKX50 small, MKX50, MKX65, MKX85, Engine (engines), MKX GREEN (electric). PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM The company Quick Srl was founded in July 2012 to perform primarily in the design, manufacture and sale of motorcycles for competitions with Metrakit brand (40 years of history in the racing motorcycles market and engine).Gabriele Scalzi (45) and Matteo Di Lorenzo (36) are the key persons, driving the management of the company, as well as strategies on the frontier technical / sales.Both are mechanical engineers and provide engineering expertise, experience and specific know-how acquired in the motorcycles field.The financial investment is guarantee from institutional italian fund. YOUR VISION Fun, passion and competitiveness are therefore the typical features of the customer reference.The company's mission:- High technological value of the product offer, without compromising on quality and performance, and able to impose itself on international markets- Strengthening and development of the brand over time it becomes synonymous with the discipline of motorcycle and Made in Italy/Europe internationally- Passion and motivation, assumptions of a design approach and continuous innovation- Industrial autonomy of "core" components of the product (internal production of chassis and engine)- Strong export oriented. YOUR MISSION The mission is the development of the market of motocross for young, segment marked by special factors such as the turn to a young audience extremely passionate and demanding.For these reasons, given the complexity of business and the need to carefully schedule all dynamic management and financial, operations are effective only from 2015. YOUR PROJECT The mini-cross bike is the result of the study "maniacal" and combined of two elements: "marketing" and "Technology". The bikes are designed and built for racing use by children and adolescents aged 6 to 16 years, making use of a highly qualified staff and advanced technological means with which to achieve autonomy in the whole production cycle: from research and design, through the machining and assembly, until the distribution of products on the market Italy, Europe and the rest of the world.The product range comprises the following models: MKX50 small, MKX50, MKX65, MKX85, Engine (engines), MKX GREEN (electric) and the commercial offer also extends on sales of spare parts and accessories, services high margins and allow to consolidate its presence in the market and develop customer orientation, which is to continuous search for better performance.Especially in the first 2-3 years, the company's strategy will focus on the introduction of the product and the achieving the positioning of the product in the high end of the market, by venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 68 of 211 means of:- Strong marketing activities (brand marketing and merchandising), to be developed through media channels and internet, fairs and events and especially through participation in sports competitions in motorcycling youth, through the direct commitment of importers and dealers, supported in this by the company.- Customer loyalty, thanks to the efforts made in bringing the children to the world of competition and accompany them on the path of growth racing to achieve their dreams of champions.- Propensity to flexibility, meaning the ability to renew the concept of the product in response to NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS From jan2015 the company has the patents, all intellectual property, design and drawings, brand protections, all the tools and facilities necessary for motorcycles production and sale.All the products are tested and totally defined. COPYRIGHT Brand protection in Europe, United States and South America MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 500.000.000,00 Our share one year from now is to achieve a quote of 0,4% of the total market segment; the final goal is to achieve progressively a quote of 3% of the total market within 5 years since now.In our business plan is estimated an annual turnover of 14.000,000 in the year 2019. The mini-cross market has the distinction of being extremely hungry for novelty, to now being dominated by a single player (KTM)who holds more than 90% of the market-share; so the customers want to differentiate themselves and to have amore exclusive product, provided that is reliable and competitive with KTM.This market is protected from global Japanese players (Honda, Yamaha, Suzuki, Kawasaki) because they cannot produce the 2 strokes engine, because their law; this 2-strokes technology is obliged for these kind of bikes. COMPETITIVE ADVANTAGE To differentiate itself from competitors and position themselves on a mediumhigh target, the Quick Srl tip on the following competitive factors:- Quality and technical performance guaranteed (frame and swingarm in aluminum alloys, suspension of the highest level, own motor, not derived road, but designed and built for racing use, compact and lightweight)- Product customizationInnovation and research continues on design and mechanical part- Quality of after-sales activities HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 200.000,00 FROM WHOM? venerdì 2 ottobre 2015 INVESTOR is Fi.R.A. S.p.A. It's a public and institutional investor based in ItalyOur company get additional capital through an italian project called "START HOPE"Fi.R.A. is the handler of this project; support italian companies to start up and develop the activities. The identification of projects for funding is made through careful analysis of the corporate structure, the business plan and the potential of the project. www.innovationitaly.it/en/ Page 69 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME SESTOSENSOR SRL WEB SITE www.sestosensor.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 25.51.1 DATE OF INCORPORATION 20/07/2009 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED "virtual" sensors created at any point of 200km optical fibre PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Our team features a total of 150 years of direct business experience, 50+ patents and more than 70 publications.The team has ans established track of 4 innovative fiber optic sensing products already on the market, a sales network covering most part of the Europe and won several innovation awards such as the K-idea (2014) and European Photonics Venture Forum (EPVF, 2015) awards. YOUR VISION Light for sensors that make sense - providing sesing solutions tailored to the real market needs of innovation, performance and cost-effectiveness YOUR MISSION Follow long-term customer needs with an astonishing mix of innovation, service and competitiveness YOUR PROJECT - strategic technology for €1.5B market- multiple market applications (oil & gas, power grid, mining, railway)- very few existing competitors- large price & performance advantage- strong IP protection- high profitabilityexperienced team NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Licensee for 7 patent and applications comprising1) PCT IT2014 000075 (extended to US14763167 and EP14732413.1) interrogation apparatus for distributed fiber optic sensors 90% cheaper than existing devices and 50% more performant2) PCT IT2015 000114 interferometric interrogation apparatus for distributed optical fibre sensors having 120% resolution increase3) BO2015A000234 fast tuning pump-probe laser source for fiber sensor interrogator having 99% measurement time reduction COPYRIGHT New cost-effective "virtual" sensor for Oil&Gas applications (temperature, deformation, pressure at any point of 200km optical fibre) MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 1500000000 0,0002 Only 3 active competitors in the world that are able to use the same (Brillouin scattering) technolgy:- Omnisens SA (Switzerland)- OZ Optics Ltd. (Candada)- Fibristerre GmbH (Germany) COMPETITIVE ADVANTAGE The new patented photonic interrogator core reduces the hardware cost of the sensing equipment of up to 90% with performance increase from 50% to 150%. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 70 of 211 HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 FROM WHOM? venerdì 2 ottobre 2015 We are currently discussing a $1.2M equity operation with a large utility company from Hong Kong, and we have 3 other VC request still on hold www.innovationitaly.it/en/ Page 71 of 211 Macro-sector Engineering Sector Mechanical engineering COMPANY NAME Skyrobotic SpA WEB SITE www.skyrobotic.com REGION Umbria ACTIVITY CODE - Codice AT 30.30.09 DATE OF INCORPORATION 23/12/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION SR-SF6 is a 5 kg, 40-minute autonomous, multi-role vertical take-off and landing platform. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Skyrobotic, as a part of Italeaf group, can maximize the contribution of the holding company in administrative, managerial, business development, commercial and financial segments. Skyrobotic has a team of 6 engineers with 3 PhD with experience in unmanned systems, software, mechanical, avionic segments. Other 4 employees (IT consultant, assembler, mechanical specialist and supply manager) complete the team. YOUR VISION Let your business fly YOUR MISSION development, manufacturing and marketing of drones in mini and micro classes for the civil and commercial use in the professional market. With a constant focus on innovation, the company intends to achieve the leadership in the field of unmanned aircraft, taking care of the whole industrial chain, from design to system integration, right through to production turnkey platform robust, practical and effective in the field of remote sensing proximity. YOUR PROJECT Skyrobotic aim to reducw the drone weight to2kg (including payload), improving endurance (90 minute autonomy) while maintaining performance and stability. Its navigation system will be further developed to include sense-and-avoid technology which, combined with its low weight, will allow the drone to fly beyond-VLOS over populated areas, making it extremely versatile for multiple applications. Specifically, we are developing this lighter low-priced (€10,000) drone for traffic management and air pollution monitoring applications, by which Dronitoring will penetrate the nascent drone market, getting Return of Investment in 1 year and a net profit of €20 million by 2019. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 250.000 to 500.000 PATENTS No patents COPYRIGHT The brand Skyrobotic is under OAMI tade mark registration, the brand is registered in Italy compliant with the italian laws MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 € 20-25 million 0,2 Sensefly, Microdrones, Trimble, Aibotix www.innovationitaly.it/en/ Page 72 of 211 COMPETITIVE ADVANTAGE RTK (real time kinematic system) integrated (the first drone in european scenario).Total design control. Proprietary technology (Autopilot, avionics, mechanics, firmware, pilot software, etc.).superior performance: ability to flight in an extended range of temperatures -20°/+ 50 °, ability to handle wind bursts of up to 10 m / s. endurance up to 40 min in the working conditions. propietary new generation autopilot : skyrobotic sr-5000 is the heart of the advanced features of SF6.• functions of target tracking for video• at faster speeds for dynamic relief aerofotogrammetrico• navigation of automatic piano 3dcompliance with the safety regulation: automatic management of failure, redundancy, termination system of independent flight and ability to schedule "no fly zone", mission including flights near congested areas.Centimeter accuracy of orthophotos and 3D digital models without the need for relief of GCP.Ability to perform measurements with high precision even in areas not reached.Combination of picture quality availableby multicopter with direct georeferencing accuracy.Ability to use the RTK system with all sensors available for the system SF6, returning georeferenced data in caserooms are used optical, thermal and multispectral MicroLidar etc.Compatibility of GCS SkyRobotic with receivers based GPS / GNSS. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 250000 FROM WHOM? venerdì 2 ottobre 2015 Skyrobotic was established by 2 co-founders: Italeaf, group leader in the fields of cleantech and innovative industry listed on the First North segment of NASDAQ OMX in Stockholm Stock Exchange, with its track record, operational experience and financial capacity, and Siralab Robotics, know-how provider with a decade of experience in the field, a company with high technological content. Now Skyrobotic has Eur 2.5 million of share capital and other shareholders like Sifip Srl, a company active in the TLC sector and other business angels. www.innovationitaly.it/en/ Page 73 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME SpaceEXE Srl WEB SITE www.spaceexe.com REGION Lazio ACTIVITY CODE - Codice AT 61.90.99 DATE OF INCORPORATION 02/02/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE WHEARE is the new way of playing and watching football, everything in real time, everything on the palm of your hand. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM WE ARE A HIGHLY SKILLED AND MOTIVATED TEAM OF 5, WHOSE COMPETENCIES COME OUT OF THE AEREOSPACE INDUSTRIES AND INTERNATIONAL BUSINESS.CEO: ALESSANDRO DI FELICE is a skilled manager with more than 15 years experience in Italian and international companies like SERCO and TELESPAZIOCTO: MIRKO ANTONINI is a GNSS and satellite communication expert, members of many international scientific society.BUSINESS DEVELOPMENT: CORRADO CERVELLATI is a young motivated international relations graduate with international experience and expertise in FDI and SEZSYSTEM ENGINEERING: GIANLUCA ATZENI is specialized in hardware development with a deep experience in R&D activities in the CNR (Research National Center).TESTING AND SYSTEM MAINTENANCE: ALESSANDRO MARIOTTI is our «Boot on the Ground» he conduct tests and reports YOUR VISION SpaceEXE vision is to be at the center of the IoT revolution, transfering the skills gained is satellite navigation to mass market, and especialy to hit the football market to innovte it with cutting edge technologies and applications.We believe that the GNSS technologies can provide an improvement in everyday lifes of people and companies, helping them to provide better services or improving the quality of their lives. YOUR MISSION SpaceEXE mission is the technology transfer from space to mass market of applications and knowledge to generate value added services in the field of automotive, sport and leisure and land monitoring. YOUR PROJECT The project WHEARE aims to provide an innovative service based on GNSS applications in the football market. The service will be based on a system, which is mainly constituted by shinguards equipped with a high precision wearable GNSS receiver, communication system, battery, PCB and a software for the real-time data interpretation and correlation of football players cinematic data.Innovation is essentially determined by the combination of 3 specific challenges:1.High-Precision: thanks to Differential Galileo highprecision performances we can assume to reach real-time accuracy in the football player position up to 30 cm, as confirmed by our preliminary tests.2.Miniaturization: to be able to develop a GNSS-based device integrated with IMU (Inertial Measurement Unit) so thin to be integrated in shinguards. 3.Real-Time: transmitting GNSS navigation messages in real-time during football matches, trainings and competitions The major innovation is constituted by implementing a system capable to offer together the above venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 74 of 211 mentioned three technology challenges.Real-Time data will be processed and analyzed to provide useful statistics to control pre-defined tactics, to monitor the performances of athletes, to prevent accidents and to plan workouts, but also and especially to provide television networks a new added-value service. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS SpaceEXE submitted two patentes in two years.These are patent pending and had a research report positive in two point over three.The first patent regards the integration of a GPS device inside a shin-guard, the second one instead regards the overall architecture of the performance monitoring system COPYRIGHT SpaceEXE has no copyright over names of definitions at the moment, but it's plannning to register the name of the product as a trademark in the future. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 7 billion euros From one year to know we are planning to serve at least 10 professional football teams, in Italy and Europe and to sign a contract with an important broadcaster (Sky) for covering a season of Serie B Italia.We are at the moment in the process f signing an agreement with an important video analysis provider to present a joint offer to Sky Italia, as result of extensive talk with the top management of the latter and in agreement with the Serie B president Andrea Abodi. There are two kind of competitors at the moment:- GPS performance monitoring companies, which mainly operates with professional football teams, aiding them monitoring training sessions.- Video Tracking and Video analysis companies that mainly operates with broadcasters, providing them tactical and performance insights for post match analysis and in game statistics. COMPETITIVE ADVANTAGE Our system WHEARE have 3 main advantages that make the system competitive on a technological side.- Extreme miniaturization: the system is integrated inside a shin-guard allows its usage in official matches, also in respect to new FIFA regulations that opens to GNSS devices in matches- Real Time: our systems offers a technical a tactical insight over team performnces that is able to surpass the service offered by both video analysis software and GPS recorder- High Precision: Our knowledge in satellite navigation allowed us to reach new pick in precision in position and we are able through differential GPS to have up to 40 cm in positioning error. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 250 FROM WHOM? venerdì 2 ottobre 2015 SpaceEXE mainly received funding from public sources, from European, National and Regional agencies.The first funds SpaceEXE received have been the results of a series of consulence services, made by the founders of SpaceEXE to ASI (Associazioni Sportive e Sociali Italiane), then another grant was given to the company by FILAS (now merged with Sviluppo Lazio in Lazio Innova), under the "Spin-Off di Ricerca" call.SpaceEXE have been also funded by ESA for the incubation program and also managed to won 2 VAL call with lazio Region. www.innovationitaly.it/en/ Page 75 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME XMetrics - Empowering Performance WEB SITE www.xmetrics.it REGION Lombardia ACTIVITY CODE - Codice AT 265129 DATE OF INCORPORATION 10/06/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE XMetrics, the ultimate activity tracker designed by swimmers for swimmers PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Founders team:CEO - Andrea Rinaldo, 34 years, MBA, former professional swimmer and swim CoachCScientistO - Davide Macagnano, 35, PhD in signal processing, expertise in algorithm developmentCMO - Francesco Quartuccio, 39, MBA, former marketing manager in multinational companiesCIO - Stefano Perego, 43, engineer, former firmware developer and application engineerCTO - Emanuele Vazzoler, 40, MBA, expertise in HW development and testing Other significant XMetrics team member.CFO - Gianpietro Pasquon, 54, former CFO and Financial director in corporate companySales Manager Massimo Mucciolella, 45, previous experience as general managerOverall, Xmetrics counts 13 people YOUR VISION We see a future where wearable devices will be part of our everyday life being integrated in our personal objectives. Wearable devices will follow us in our activities, from job to fitness helping us in having a better and healthier lifestyle. YOUR MISSION In 3years, we want to be recognized like the reference company for the wearable device sport industry. We want to provide the best activity tracker for athletes designed to maximize their user experience and to improve their life and sport performance. Activity trackers will supply the high data quality available YOUR PROJECT The first 2 products have been realized specifically for swimmers, both recreational and professional. They have unique selling proposition that put them in an advantage position towards the competitors. We want to capitalize this investment, penetrating better market segments, and to develop new hardware platform that while being suitable to be used in different sports scenarios almost seamlessly.Having this in mind, challenging objectives for the next three years are:• 2nd HF 2015: increase brand reputation in swimming and expand market presence.• 2016: develop new product features for swimmers; continue expand market presence; start selling pay-peruse premium apps.• 2017: introduce new multi-sport products (ex. Triathlon); penetrate market; push PPU model.• 2018: new sports & more apps and services; new geographical markets.Nevertheless, one key aspect will be to: establishing the brand reputation and credibility amongst the elite athletes. NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) from 250.000 to 500.000 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 76 of 211 PATENTS First patent have been submitted in Italy in 12.2013 and extended with an international PCT in 12.2014. Other 2 patents have been submitted in Italy in July 2015. For this reason, the main claim is not fully reported but only an extract of them: 1.Wearable detector for the detection of parameters related to a physical activity 2.Mechanical Remote controller to enable data tracking, settings of the device and enabling of feedbacks in wearable device3.Remote controller to enable data tracking, settings of the device and enabling of feedbacks in wearable device, using touch surface and proximity sensor COPYRIGHT “Xmetrics” registered in Italy and already granted, approval process in UK, USA, CANADA, JAPAN, EUROPE MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 5.8bln We don't have direct competition. Other activity trackers are for multipurpose or for other sport. Indirect competitors are Garmin, Suunto, Shot, Instabeat, Misfit, Swimovate, Swimmo. COMPETITIVE ADVANTAGE We have for advantages compare with actual swimming activity trackers:• Back head position: swimmers don’t like wristwatches because are uncomfortable to wear, back head position is the most comfortable and the most precise to gather swimming data• Real time audio feedback: swimmers are always concentrated in their style, they pursue perfection and they don’t want any distraction, a real time audio feedback while swimming through earphone is the best way to keep the focus on your training • Advanced data analysis: while competitors devices provide “counting” features, e.g. number of laps, number of strokes, SWOLF index and timing, XMetrics goes beyond it providing detailed analysis of the training, up to fraction of seconds, from data to knowledge• Coach data sharing: coaches have always looked for powerful and simple tool to monitor swimmers’ performance, they need to know exactly where to improve, XMetrics provides the precision they need. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? € 1.2mln FROM WHOM? venerdì 2 ottobre 2015 Breed Reply Ltd, venture capitalist from the group Reply SRL, active in the segment of IoT, Big Data and Wearable devices. Xmetrics has been the first startup funded by Breed Reply Ltd. www.innovationitaly.it/en/ Page 77 of 211 Macro-sector Engineering Sector Electronics COMPANY NAME Xnext S.R.L. WEB SITE www.x-next.com REGION Lombardia ACTIVITY CODE - Codice AT 26.51.29 DATE OF INCORPORATION 02/02/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Innovative technology, performing punctual recognition of foreign bodies, hazardous substances.. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Mix of high -skilled senior engineers and young – volcanic minds from different cultural and academic extraction, Xnext has his strength in Human Resources: the founders, both nuclear-electric engineers with +20 years of experience in XRay and aerospace sectors, will work side-by side with young researchers from different cultural and academic words. YOUR VISION Become a world player in X-Ray in line non Destructive Tests systems YOUR MISSION -Cover traditional segments for non-destructive in line tests-Answer to and stimulate new needs in food, pharma, and waste recycle, and wherever there is the need of innovative in-line tests. YOUR PROJECT Our project started in 2011 by winning a call for an industrial reasearch and experimental project co-founded by Regione Lombardia e del MIUR, which drove us to produce the first demonstrator, called “Spectroscan”, in partnership with approvato con Decreto n. 5485 del 21 giugno 2012 il Politecnico di Milano and CNR. At the moment, we are developing case study in partnership with leaders in food manufacturing, with great oucomes: our machine has been able to perform the punctual identification beetween two different kind of cheese, and contaminants in water. The next step is to take our product from a TRL 5 to a TRL 9. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS European Patent EP2405260: “Method and apparatus for performing noninvasive x-ray inspections of objects”. The invention is related to an apparatus and method for x-ray inspections based on x-ray scanning of an object under examination utilizing x-ray detectors capable of counting the photons incident on each spatial element, providing not only a measurement of the attenuation produced by the object, but also recognition of the individual photon energy and association of the counts to an histogram with predefined energy bands. , in order to identify homogeneous substances, either solid or liquid or gaseous, and determine their chemical composition with fast response and high level of accuracy. COPYRIGHT Copyright is on our brands: Xnext, Xspectra MARKET SEGMENT (ESTIMATED VALUE, EUR) venerdì 2 ottobre 2015 600 MUS www.innovationitaly.it/en/ Page 78 of 211 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS TBD Competitors can be split in:a)Conventional systems: companies selling conventional X-Ray inspection equipmentb)Conventional technology: companies producing single-double sensors energy boards, whith detection software and electronics, selling crosswise the market in OEM way.c)Spectroscopy Technology: companies providing multi-energy sensors boards (up to 256 chnnels), with CdTe revelators and electronic and picture scan software, selling crosswise the market in OEM way.Among those, our main competitors: Nikon Metrology NV, Teradyne, Omron, Viscom, Nordson Nordson, Raycon Bulk, GE, North Star, Toshiba, Bosello High Tech, Gilardoni, Smiths – Heimann, Rapiscan, L3, NuctechThis potential competition, confirming that Xnext is walking on the right path, will have a positive effect, by expanding market and will help to increment attention to in-line specroscopic applications.It has also to be underlined that all competitors mentioned above, could turn into potential customers if interested to acquire Xnext technology. COMPETITIVE ADVANTAGE The Xnext technology is based on the following innovations versus state-of-art :Operates with penetrating X rays, providing therefore information about the inner structure of materials.Performs X rays spectroscopic analysis, by means of photon counting detectors and electronics, with capacity of discrimination of the energy levels of the incident radiation.Operates at high scanning speed, allowing utilization in the production line conveyors.Utilizes dedicated software algorithms for each particular application, in order to maximize the sensitivity and reproducibility of the fault free materials identification HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 200 FROM WHOM? venerdì 2 ottobre 2015 AVG s.r.l., (16,67%) Consulting company specialized in Food sector, based in Parma – Italy. CEO, Valerio Guareschi.Giacomo Neri, (11,66%) Professori in Economics and Strategy at Università Cattolica, formarly Global Managing Partner Strategy & Operations at PWC Advisory.Francesco Gulli, (5%) Professor in applied economics at Università Bocconi www.innovationitaly.it/en/ Page 79 of 211 Macro-sector Life sciences Sector Pharmaceutical industry COMPANY NAME Aesis Therapeutics WEB SITE http://it.linkedin.com/pub/paolo-lombardi/6/3AA/BA1 REGION Marche ACTIVITY CODE - Codice AT 72.19.09 DATE OF INCORPORATION 03/01/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Two product candidates against HER2+ breast cancer and mesotheliomas, resistant cancers PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Industry veterans and senior entrepreneurs with a broad expertise in the discovery & development of oncology drugs, forged in multinational (Farmitalia, Menarini, Pharmacia, Pfizer, Astra Zeneca) and biotech companies. Skilled Team combining 180+ years experience and 220+ patents, with a track record of achievements in Oncology R&D, represented by globally marketed products. YOUR VISION To move corporate inventive findings up to development stages which will deemed significant when proposing innovative drug candidates to commercial partners: Biotech and Pharmaceutical companies combining in-house R&D and licensing-in of New Chemical Entities (NCE) from smaller biotechs. Revenues in the order of hundreds of millions will come from up-front, milestones payments, royalties. YOUR MISSION Hispano-Italian dual spin-out shell company from the drug discovery small biotechs AROMICS (Barcelona) and NAXOSPHARMA (Milano) commited to do business in the drug discovery sector by early developing innovative drugs for curing poorly responsive cancers Full operative access to Barcelona and Milano research facilities, personnel, backgrounds, foregrounds, IP. YOUR PROJECT Anticancer compounds addressing diseases with poor outcome via innovative therapeutic protocols. First-in-class compounds modulating clinically validated drug targets in cancer treatment, through viable mechanisms of action the potential advantages of which have not yet been taken in the art. Two drug candidates are proposed for the cancer treatment of: - poor prognosis breast cancer, by impairing the human epidermal growth factor receptor 2 (HER2) expression;- malignant mesotheliomas , by downregulating cellular levels of over-expressed thymidylate synthase . Drug candidates are structurally related to berberine, a herbal alkaloid safely used in Ayurvedic and Chinese medicines since hundreds of years to cure a variety of diseases. Rational chemical modifications of berberine lead to a class of derivative compounds able to correct or compensate aberrant genetic expressions of cancer cells by targeting post-transcriptional control processes and by suppressing nascent protein synthesis. Aromatic groups bonded to a suitable position of the parent berberine create a propensity for additional aromatic interactions with the cellular target. These types of interactions are ubiquitous in nature, and their geometry is relevant for the molecular recognition in biological systems, in the present instance the targeting post-transcriptional control processes to correct or compensate aberrant genetic expressions of venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 80 of 211 cancer cells. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS US8188109B2 relates to benzoquinolizinium salt (berberine) derivatives and to processes for the preparation of said compounds. The invention also encompass pharmaceutical compositions containing said derivatives and the use of said compounds for the manufacture of medicaments suitable for the treatment of cancerous disease. COPYRIGHT N.A. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Billions NA Anticancer drugs currently in Clinical Phase II for same indications COMPETITIVE ADVANTAGE Patent. In house drug design and chemistry. First-in-class drugs candidates with a novel mechanism of action the potential advantages of which have not yet been taken in the art. Team people who know how to do the job because they have already done it. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 FROM WHOM? venerdì 2 ottobre 2015 NA www.innovationitaly.it/en/ Page 81 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME AMIKO SRL WEB SITE WWW.AMIKO.IO REGION Lombardia ACTIVITY CODE - Codice AT 62.09.09 DATE OF INCORPORATION 11/02/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Amiko provides Quantified Medicine for a mindful and lighthearted health PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Duilio Macchi - Founder, CEOFounded two health companies: Idea-Z & FarmantisMartijn Grinovero - Founder, MarketingVP Strategy & Business Development at Alpha FoundersAlexander Marinov - Founder, FinanceBus Dev & Financing Manager: Medical Devices at NIMITAlessandro Fato Founder, CTOEmbedded Systems Project Leader at IBTProduct Development TeamMath, Physics, Product design, Computer & Biomedical engineering YOUR VISION Quantified medicine is targeted at tackling essential problems in healthcare: the problem of medication adherence, the burden of treatment experienced by chronic patients, the necessity to transition to results based models. Amiko can tackle these problems through electronic medication add-ons that track the usage of a medication in real time. YOUR MISSION Amiko is developed in order to provide real-time feedback and guidance to the patient on all the common errors associated with medication intake and medication scheduling. Our solution delivers a unique set of medication related data at an unprecedented level of detail that are fundamental for transitions to evidence-based models. YOUR PROJECT Amiko is based on proprietary and patent-pending sensors for the acquisition and analysis of medication state and usage data.Our solution operates with beautiful smart medication enablers which are seamlessly attached to 95% of medication packagingWe can alleviate the burden of treatment for patients, track and improve medication adherence and enable evidence-based healthcare.Amiko utilizes a quantification as a service revenue model. The core revenue component is the delivery of quantification services to pharma. This is in the form of studies (clinical setting, or real world) to prove the value of medications and generate market assets.We especially focus on conditions such as COPD, Asthma, Diabetes & Multiple Sclerosis which are highly burdensome and specific while being under supplied with potential solutions. $190 billion is the revenue loss for the pharma industry annually due to non adherence. There is huge opportunity for optimizing pharmaceutical research and building market assets so that medications with clear value can reach patients. The bourden is felt also by the Healthcare System. Of the $290 Billion/year in avoidable medical spending in the US, we believe we can save at least $70 Billion each year at an 800% ROI for healthcare payers. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 82 of 211 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS ITA [IT2013CO00017 20130516]PCT [WO2014184293 ]"DEVICE FOR CONTROLLING THE INTAKE OF DRUGS, SYSTEM FOR SIGNALING AND CONTROLLING THE INTAKE OF DRUGS"Patents cover the use of mems to infer details about drugs usage, by means of monitoring medication packagings. COPYRIGHT "amiko" is a registered trademark. MARKET SEGMENT (ESTIMATED VALUE, EUR) 160 Billion YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS asthma&COPD: Propeller Health, Cohero Health, SmartinhalerDiabetes: Common Sensing, Vigiliant, Timesulin, MiSugr COMPETITIVE ADVANTAGE Broad range of devices compatibility, full automatic tracking, detailed tracking of all the medication usage process. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 175'000 FROM WHOM? venerdì 2 ottobre 2015 100'000 Finlombarda Spa (loan)30'000 grant Regione Lombardia75'000 grant FICHe Consortium (Future Internet CHallenge eHealth) www.innovationitaly.it/en/ Page 83 of 211 Macro-sector Life sciences Sector Life sciences COMPANY NAME BIOGENERA SpA WEB SITE www.biogenera.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 72.19.09 DATE OF INCORPORATION 15/12/2008 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION A unique platform for the discovery of new personalized biotechnology antigene drugs. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM BIOGENERA R&D team is composed by 15 researchers having multidisciplinary skills and recognised at the international level, mostly having studied at the University of Bologna. The founders are Dr Roberto Tonelli that is a professor of Pharmacology and Prof. Andrea Pession that is the Chief of the Pediatric Oncology Clinic of the University of Bologna. They have a long experience in the field as documented by many scientific international publications. YOUR VISION Biogenera, has developed a unique and highly innovative biotechnology platform for the creation, in a very short time compared to traditional approaches, new drugs that act at the level of specific gene (antigene).Thanks to this biotechnological platform for the creation of new drugs, BIOGENERA will increase its potential drug pipeline and will implement a new research line for the treatment of other incurable cancers and pathologies presenting a high medical need.BIOGENERA wants to become the international leader biocompany of the important, niche market of paediatric oncology, developing new company departments specialised in adult oncology and widening the range of activities in relationship with the increasing rare diseases which currently do not have treatments; this will lead to a more individualised and patient-specific medicine. YOUR MISSION To develop innovative therapeutics for paediatric and adultoncology patients. Our proprietary innovative Biotechnology drug discovery platform to modulate gene transcription will also be applied in a variety of high medical need therapeutic indications, including Rare Genetic Disease, neurodegeneration, Infectious Diseases. YOUR PROJECT BIOGENERA SpA has developed a unique and highly innovative biotechnology platform for the discovery and development of new drugs based on an approach that acts directly at the level of genes (anti-gene drugs).The first area of application of this new therapeutic approach, has already led to the identification and development of the first specific drug for the treatment of pediatric incurable cancer.This drug has already obtained the official acknowledgement of Orphan Drug by the European Medicines Agency (EMA) to treat Neuroblastoma (the most deadly paediatric cancer).The main goal of BIOGENERA is to develop the pharmaceutical product which will treat incurable paediatric cancers. Moreover, the drug has been proved to be efficient to treat also some very aggressive adult cancers. In addition, through biotechnology platform for the creation of new drugs, BIOGENERA will expand its pipeline of potential medicines and will implement a new line of research venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 84 of 211 for the treatment of other cancers and other incurable diseases with a high medical need. NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) from 500.000 to 1mln PATENTS The patent portfolio include 20 final approved patents (covering Europe, USA, Canada, Japan) and 15 patents under approval process (covering Europe, USA, Canada, Argentina, Brazil, Australia, Japan, China, Hong Kong, Singapore, South Korea, India, UAE, Morocco, Tunisia, Russia). The patents regards the innovative drug discovery process based on oligonucleotides containing proprietary sequence motifs which potently increase the degree of gene silencing, and the new drug for cancer. COPYRIGHT NO copyright MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 30.000.000.000 Euro 0 There are no competitors now. COMPETITIVE ADVANTAGE The unique and innovative drug discovery process developed by BIOGENERA enables the identification of new personalized drugs in a very short time (2-3 months), overcoming many problems and limitations of the traditional the drug discovery process approaches. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 5.000.000 euro FROM WHOM? venerdì 2 ottobre 2015 2.7 ML from ZMV venture capital fund that co-invested with Italian Angels for Growth (IAG).2.3 ML from business angels that created a vehicle company (ProVita srl) www.innovationitaly.it/en/ Page 85 of 211 Macro-sector Life sciences Sector Life sciences COMPANY NAME COCCITECH SRL WEB SITE www.coccitech.com REGION Veneto ACTIVITY CODE - Codice AT 72.19.09 DATE OF INCORPORATION 18/03/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION 100% NATURAL, 100% BIODEGRADABLE, 100 % ORGANIC PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Marco Lucchetta, CEO of the company with 55% of the share, has a strong applicative research reached from italian and international companies and institutions, moreover he has a market knowledge from his family business. Pieremilio Garbellotto, with the 45% of the share, is an expert entrepreneur. He is owner of some companies located in Italy and abroad. Marika de Pollo, she is working in Coccitech from one year, she is a microbiological and chemical analyst. Lisa Coletti (chemical analyst) and Riccardo Marcato (agronomist and scientist) are collaborating with the company and they will be structured soon. Now the company is looking for marketing and commercial workers. The company is developing a commercial structure. YOUR VISION The agricultural has a very important purposes, to give food to many people and to create an healthy and safety world. YOUR MISSION New innovative products for plant protection. Products able to substitute the pesticides and to produce fruits, vegetables and cereals with high nutrition level. YOUR PROJECT The company has a new innovative product for plant protection, against fungi as Botrytis cinerea. Moreover the company are studying and trying other products for plant protection. COCCITECH SRL will start very soon the commercialization of the first product in Italy and abroad using distributors. Moreover the company wants to create an internet commerce for end users. The company has all structures (laboratories, field testing, greenhouse and commercial structure) in order to create and to sell new products. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We are registering two patents: - A special product for plant protection, this product is made using natural molecules, 100% biodegradable and with organic certification. This innovative product is able to contrast some plant diseases in viticulture and horticulture. It is able to substitute the some pesticides. - A new material to adsorb proteins in wine to avoid protein instability. COPYRIGHT COCCITECH, It is a registered European brand. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 75 billions The company is in the early stage. Anyway the product has www.innovationitaly.it/en/ Page 86 of 211 an important innovative content. The company could have less that 1 ‰ of the global market , around 1 million of euro as turnover. YOUR COMPETITORS Multinational corporations COMPETITIVE ADVANTAGE New concept, flexibility, organic product, completely biodegradable, patented. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 112800 euro FROM WHOM? From a private investor located in Italy and owner of different companies. Veneto region: from a special financial fund called "Veneto Sviluppo" and regarding an other project in collaboration with University of Padova. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 87 of 211 Macro-sector Life sciences Sector Pharmaceutical industry COMPANY NAME Corion Biotech WEB SITE http://www.corionbiotech.com/ REGION Piemonte ACTIVITY CODE - Codice AT 72 11 00 DATE OF INCORPORATION 06/12/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Preeclampsia Therapy PRODUCT STAGE OF DEVELOPMENT CONCEPT YOUR TEAM •Tullia Todros: MD, Prof. University of Torino, Director of Obstetrics and Gynecology University Clinical Dep.; Role: inventor, Chairman. Alessandro Rolfo - Biotech Doctor, PHD; Role: inventor, CEO, CSO. Carlo Cavallero: Chemical Engineer, MBA, over 25 years international management experience; Role: CEO, COO. Domenica Giuffrida: MD, PHD. Annamaria Nuzzo: Biotech Doctor, PHD student. Oriella Di Prima: Charter Accountant; Role: CFO. YOUR VISION Develop a new therapeutic approach for a "cell therapy without cells" first application Preeclampsia treatment YOUR MISSION a new and ethical approach to human protein production YOUR PROJECT Develop the preclinical study for Preeclampsia using our proprietary technology. If we succeed we believe a major partner should invest for the clinical trial. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Title:A conditioned medium obtained from placental mesenchymal cells and use of thereof for the therapeutic treatment of preeclampsiaPriority: 21 December 2011Application NO: PCT /IB 2012/057611Title:Preeclamptic placental mesenchymal stem cell conditioned medium for use in the treatment of a tumour Priority: 2 October 2012Application NO: PCT/IB2013/059064 COPYRIGHT none MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 2500000000 0%, as other pharma projects in early stage, reveneus are expected in 6 to 8 years from now the more challenging competitors are companies working with mesenchymal cells like Pluristem of Israel COMPETITIVE ADVANTAGE Corion Biotech’s original and innovative approach is using hPDMSCs-molecules instead of direct cell administration.We believe our approach offers a unique opportunity to treat preeclampsia, human pregnancy-related syndrome affecting over 5% of all pregnancies, thus being the main cause of fetal and maternal mortality and morbidity worldwide. Importantly, preeclampsia accounts for serious long-term negative effects for both mother and child as venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 88 of 211 cardiovascular disorders, diabetes and metabolic syndrome.It is not necessary ti emphasize the sensitive and delicate therapeutic environment of maternity. For this reason we designed a careful therapeutic approach, like the use of purified cell metabolites instead of direct cells injection.A cell therapy based on hPDMSCs-secreted molecules instead of a direct administration of living cells to the patient is a totally new approach which maintains the effectiveness of cell therapy avoiding the risk of direct administration of living cells. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 170.000€ FROM WHOM? venerdì 2 ottobre 2015 public funds for University start up + IP spa a venture capital fund specialized in biomedical investment www.innovationitaly.it/en/ Page 89 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME ECCENTRICA SRL WEB SITE www.eccentricalab.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 266002 DATE OF INCORPORATION 28/05/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE The best way to train and rehab hamstrings. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Dr. GIUSEPPE GUADAGNO physical trainer and consultant in sports such as basketball and football team that is professional and non professional.Dr. FLAVIO GUADAGNO, mechanical engineer , maintenance manager at ENI and designer of technological plants.Dr. ANTONIO NIGRO, electronic engineer, plant manager of a gas plant at SNAM and designer of electric and automation systems. YOUR VISION The Human being living on the Earth system is subject to natural forces that govern and balance all movements. The only purpose of technology is to help him with his physical and spiritual progress, respecting his balance. The idea of following the natural motion born from this concept. YOUR MISSION ECCENTRICA main vision is planning and implementing technological solutions in respect of the human mental and physical health, granting satisfaction for the customer expectations. YOUR PROJECT The first goal of Eccentrica SRL is to market Eccentrica Leg Curl in Europe, US, Australia and all over the world. Eccentrica Leg Curl is the first of many innovative products and solutions conceived by ECCENTRICA SRL, so the main project of ECCENTRICA SRL is to design, patent, produce and market this products all over the world and give consultant services for other companies operating in the biomedical, sport and fitness market. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Eccentrica SRL, at moment, has got one patent forEccentrica Leg Curl is an innovative product, dedicated to the training and rehabilitation of the hamstrings and of knee’s pathology.Unlike other products currently in commerce, Eccentrica Leg Curl allows, together with the classic way of workout, to isolate the eccentric phase of motion, that is the phase where the muscle has to hold up to the weight force of a falling load, excluding the concentric phase. The all without the help of external assistance and according to the natural movement of the leg. COPYRIGHT Eccentrica Leg Curl is registered at PCT. MARKET SEGMENT (ESTIMATED VALUE, EUR) 10000000 YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 90 of 211 YOUR COMPETITORS Technogym, Cybex, Biodex, Panatta COMPETITIVE ADVANTAGE Hamstring injuries are the most frequent in sports like football, ahtletics, rugby, american football ecc...Scientific resarches has shown that the eccentric training is the best way to prevent hamstring injuries and to rehabilitate this muscles Eccentrica Leg Curl is the only one machine that allows to isolate the eccentric phase of the movement for the hamstrings, without an external assistant. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 75000 FROM WHOM? venerdì 2 ottobre 2015 Capital came from European Funds of Regione Emilia Romagna. www.innovationitaly.it/en/ Page 91 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME Gentras S.r.l. WEB SITE www.gentras.com REGION Toscana ACTIVITY CODE - Codice AT 72.11.00 DATE OF INCORPORATION 08/03/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION 1) CODE LineTheme Pack Sampler for DNA and assessment of genetic susceptibility.The samples collection consist of the recovery of non-invasive buccal epithelial cells through the use of buds sealed sterile sticks.• CODE # 1SKIN AGEING RISK • CODE # 2EFFICIENCY & Metabolism: Vit D and FOLATE• CODE # 3OBESITY PREDISPOSITION• CODE # 4EFFICIENCY of CAFFEINE metabolism• CODE # 5LACTOSE INTOLERANCE2) TRUECODEDefinition: DNA autosampling kit for informative paternity testDescription: the kit allows any interested subject to proceed independently to the collection of biological material on which subsequently require the paternity test information.3) DENTALa) Microbiological testTyping and Quantification of periodontal bacteriab) Genetic testinterrogation of the IL-1 gene cluster4) VETERINARYa) ANIMAL SEXING: molecular sexing of any kind of avian speciesby extraction of DNA from featherb) AVIAN PATHOLOGIES PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM VALENTINA CESATI, 41 anni - PhD BiologistVisiting Fellow presso l’NIH (National Insistute of Health) a BethesdaSILVIA QUATTRONE, 44 anni – PhD BiologistVisiting Fellow presso il Blanchette Rockefeller Neuroscience Institute - Johns Hopkins University – Rockville (MD).ALESSANDRO QUATTRONE, 49 anni – Biologist -Professore ordinario e Direttore CIBIO Prorettore alla RicercaASSOCIATE PROFESSOR, Blanchette Rockefeller Neuroscience Institute, Johns Hopkins University-West Virginia UniversityDIRETTORE DI RICERCA, Unità di Genetica Medica, Ospedale IRCCS CSS San Giovanni Rotondo (FG)Al suo attivo: più di 50 PUBBLICAZIONI SCIENTIFICHE, RASSEGNE e CAPITOLI DI LIBRI, 8 BREVETTI, CONSULENTE SPECIALIZZATO nel settore.LEZIONI, SEMINARI, partecipazioni come RELATORE a CONGRESSI INTERNAZIONALISARA SIMONI BiotechnologistERIKA ELIA BiologistLEONARDO DECARIA Bioinformatic YOUR VISION VisionMake genetic information EASILY ACCESSIBLE to everybody.Mission YOUR MISSION Gentras, across a wide range of products and services,develops and provides innovative solutions toRESPOND WITH SIMPLE and EFFECTIVE answers to the increasinglyfrequent requests for typing on genetic basis. YOUR PROJECT The sequencing of the human genome has led to a great deal of useful information forthe genetic characterization of each individual. Today technological advancement allows to "read" within the genome of each of us, letting us understand what has made our uniqueness and how we can use it to live better.Core technology: the same technical approach for countless applicationsGentras has its strength in continuous learning, developing and marketing services/ products with high technological content based on the analysis of DNA. The vision and creativity combined with specific skills, make venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 92 of 211 Gentras a unique company in this field, capable of providing innovative solutions for genetic characterization of each individual. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Brevetto europeo N. 10425193.9 (pubblicazione N. 2395338 del 14-12-2011) relativo a: “dispositivo per l’ottenimento di campioni di DNA”.Descrizione Oggetto della presente invenzione è un dispositivo non invasivo per la raccolta, il trasporto e la conservazione di campioni di cellule da epidermide. Il dispositivo che viene qui descritto presenta caratteristiche che lo rendono economico da produrre e di semplice utilizzo, ed è strutturato in maniera tale da limitare fortemente il rischio di contaminazioni incrociate. Il dispositivo risulta pertanto utilizzabile in ogni situazione in cui si renda necessario ottenere in maniera non invasiva un campione biologico da cui poi estrarre il DNA di un dato soggetto. COPYRIGHT None MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 4500000 500 Identigene AssureDNAEasyDNAGeneticLabLaboratorio GenomaNGBgentics COMPETITIVE ADVANTAGE Stesso approccio tecnico permolteplici applicazioni su canali distributivi diversificati Gestione «in-house» completa del product life cycleOpportunità storica verso servizi differenziativi: la farmacia dei serviziGentras primo player nella modalità di presentazione dei prodotti sul canale della farmaciaElevato contenuto tecnologicoDiagnosi precoce: valutazione dello stato attuale della malattia Percorso terapeutico miratoSemplicità del prelievo HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 110 FROM WHOM? venerdì 2 ottobre 2015 InvitaliaCamera di Commercio PratoNew minor partners www.innovationitaly.it/en/ Page 93 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME Glomeria Therapeutics Srl WEB SITE www.glomeria.com REGION Abruzzo ACTIVITY CODE - Codice AT 7111 DATE OF INCORPORATION 16/04/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE breakthrough novel PD platform addressing the main clinical needs:• a connecting device able to fully remove bacteria contamination, .• a new APD machine offering continuous peritoneal pressure measurement to prevent overfilling and peritoneal membrane degradation. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Glomeria Therapeutics has a lean, yet complete and international, organization, with a diversified team with significant scientific, technical, sales and industrial background. The founders and management have more than 80 years’ crossfunctional experience in the medtech industry (Roche, Dara Bioscences, Baxter, Gambro, Sorin, BD) and very good connections with the main operators in the dialysis sector and principal companies of the sector. Glomeria today is 15 people, still growing. YOUR VISION We believe Peritoneal Dialysis is a perfect answer to the increasing patient need of cure in the End Stage Renal Disease environment with a better impact on quality of life and overall cost by solving the major unmet clinical needs of the state of the art products solving sterility issues and peritoneal membrane preservation YOUR MISSION We believe we would increase patient cure level and life expectation of ESRD patient by develping smart and effective PD platform based on patient safety enhancement and improved performance. YOUR PROJECT Glomeria Therapeutics S.r.l. (“GT”) is focusing on research, development, and commercialization in the global markets of an innovative peritoneal dialysis (PD) therapeutic platform for end stage renal disease (ESRD) patients based on “Safety Tools” as major breakthrough technology elements of the unique Customer Value Proposition. A strong patent portfolio and key industrial alliances cover our therapeutic platform.Dialysis is a chronic treatment, which means that each patient represents a multi-year stream of revenues. The two main factors for this growth are the ageing of the population in industrialized countries and the increase in healthcare expenditures in developing ones. HealthCare systems are pushing for HomeCare as a measure to keep high HC Level while decreasing Costs; for ESRD patients are looking to new ways of treating costly dialysis patients on HomeCare (Peritoneal Dialysis – PD) rather than in AcuteCare (HemoDialysis – HD) setting, resulting in a +15% of HomeCare in 2013 in UK. Actually there are some important limiting factors in expanding PD use worldwide, whose represent its main unmet clinical needs.Moreover the risk of patient drop out from PD toward HD due to the limiting factors (peritonitis, overfilling, etc.) is relevant from the clinical point of view as well from the economic and hospital organization ‘s one. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 94 of 211 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS 15 Patents (PCT/US)Connector device for connecting PD set in a complete sterile wayConnecting device for connecting blood trubings in a complete sterile wayConnecting device for connecting tubing with liquids in a sterile way by means of breakable barriers. COPYRIGHT SmartPDDesmoPD MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 4.0 Bln worldwide 0,1% BaxterFresenius COMPETITIVE ADVANTAGE SterilityPeritoneal membrane preservation through smart pressure sensor driven device HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 7.5 mln Euro FROM WHOM? venerdì 2 ottobre 2015 Quadrivio SGR TTVenture FoundVertis SGRSofimac Venture Capital FoundFARO SgrSpinDial Spa www.innovationitaly.it/en/ Page 95 of 211 Macro-sector Life sciences Sector Life sciences COMPANY NAME GREENBONE ORTHO SRL WEB SITE www.greenbone.it REGION Emilia Romagna ACTIVITY CODE - Codice AT 72,11 DATE OF INCORPORATION 18/03/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Bioinspired by Nature: no more amputations or multiple painful surgery. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Lorenzo Pradella, CEO&COO (25 years experience in R&D, business and VC)Anna Tampieri, Chief Scientist (27 years experience in Biomaterials with major track record in bone regeneration)Simone Sprio, Project Coordinator (17 years of experience in Advanced Materials)Andrea Ruffini, Senior Researcher (12 years of experience in Materials Science)Alberto Ballardini, Researcher (PhD in Materials Science)Elena Venturelli, Senior Regulatory&Quality in Medical DeviceAngela Palumbo, Regulatory&Quality (Biologist with a Master in regulatory and quality). Scientific Advisory Board:Prof Marcacci and dott Elizaveta Kon (Rizzoli Orthopedic Institute Bologna)Brad Weiner and Ennio Tasciotti (Methodist Hospital Houston TX USA) YOUR VISION GREENBONE wants to become a worldwide leader for biomimetics by providing innovative and easy to use bio-inspired solutions that will help cure severe diseases. YOUR MISSION GREENBONE will develop a highly innovative bone implants technology, to generate biomimetic – reabsorbable – wood-derived scaffold suitable to address severe high morbidity condition including non-union fractures. YOUR PROJECT Greenbone first target is a clearly recognized unmet clinical need: pseudoarthrosis or non-union fractures. It represents an highly valuable niche market that can clearly demonstrate the properties of the new scaffold allowing its application in most of the other orthopedic surgery market segments. Accordingly a four year development plan is under execution with three main pillars: 1) Regulatory compliant manufacturing line (accomplished); 2) GLP study in sheep (completion 3Q2016); 3) Pilot study in humans - about 30 patients in 4 EU/Israel hospitals (completion mid 2018). All activities will be performed fully in compliance with regulatory and quality requirements. CE Mark is planned by 1Q2016. USA regulatory is 510K. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS 3 patents focused on biomimetic scaffolds obtained from natural wood suitable to induce effective bone regeneration.GreenBone is obtained by processes of chemical-physical transformation starting from ligneous structures, selected on the basis of their morphological-structural similarity with the complex structure of bone in different anatomical regions. COPYRIGHT Patents have been filed in many countries including US. First patent has been venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 96 of 211 already granted in EU. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS EURO 8.9 Billion GreenBone will complete development and be suitable for commercialization by the end of 2018. The market is dominated by global players such as Biomet, DePuy Synthes, Medtronic, Stryker, Wright Medical, and Zimmer. In addition also regional companies (i.e. Wright Medical) play a remarkable role. Among early stage companies none is developing biomimetic large scaffolds for bone graft except using 3D-printing which still have significant limitation due to the use of polymers. COMPETITIVE ADVANTAGE GreenBone performances are paramount vs all others materials: it is a Ca/P ceramic (with all the very well known advantages) being also endowed with anisotropic structure and optimal mechanical properties never seen in a porous ceramic material, with also extraordinary bone regeneration properties. The only one suitable to generate large scaffold targeting critical size defects in long bone in addition to spinal and other applications. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? EURO 3.0 millions FROM WHOM? venerdì 2 ottobre 2015 Zernike Meta Venture, Italian Angel for Growth (IAG) and private. www.innovationitaly.it/en/ Page 97 of 211 Macro-sector Life sciences Sector Pharmaceutical industry COMPANY NAME INNOVITAS VITAE S.R.L. WEB SITE www.i-vitae.co REGION Lombardia ACTIVITY CODE - Codice AT 721100 DATE OF INCORPORATION 23/04/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE IMMUNOX a diagnostic serviceNOFLAMOX a food supplement PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM RENATO COLOGNATO: Degree in Biology (IT '99), PhD in Clinical Pharmacology and Toxicology (DE '04), postgraduate diploma in Applied Genetics (IT ’06) President & Chief Scientific OfficerMASSIMO MARIOTTI: Degree in Biology (IT '96), postdoc at Cardiovascular Research Center - Harvard Medical School (Boston, USA) - Chief Technical OfficerMASSIMILIANO MANGANINI: Degree in Biology (IT '98), postgraduate diploma in Pharmacological Research (IT ’03) Chief Operating OfficerALESSANDRO SCOZZESI: Advanced Diploma in Economics (UK '96), Degree in Economics (IT '99), II level Master in Biotechnology Law and Management (IT ’10) CEO and Chief Financial Officer YOUR VISION "Setting New Pathways for Life".This is our visionary approach for a better and faster innovation, since we feel committed to such a delicate mission, thus leading the field of Reproductive Medicine. YOUR MISSION "Penetrating the market with new disruptive methods and technologies for diagnosing and curing Human Infertility".These goals can be achieved by converting our wide scientific background to new medical and clinical best practices. YOUR PROJECT I-VITAE has developed a cutting-edge diagnostic service and a food supplement as a new and effective combined approach to support physicians and Assisted Reproductive Technologies (ART) specialists in the diagnosis and treatment of unexplained female infertility by identifying if and how the ‘unbalanced’ female immune system is a reason for infertility, and provides a food supplement as therapeutic solution, which act by balancing the immune system, resulting in many cases in a pregnancy. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We submitted basically two families of patent applications: 3 relate to IMMUNOX, the diagnostic method, and 3 to NOFLAMOX the food supplement. COPYRIGHT We have the copyright covering unpublished scientific data. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 20 b€ Considering the target, ART centers and clinics, and starting addressing the Italian market we expect to have 8% of the market in terms of ART centers and clinics. www.innovationitaly.it/en/ Page 98 of 211 YOUR COMPETITORS There is no evidence of competitors so far since we are the first to make a step beyond in infertility diagnosis, claiming the immune system as a triggering factor. Consequently we've proved that our food supplement rebalances the immune system, resulting in pregnancy. COMPETITIVE ADVANTAGE I-VITAE has discovered a new biomarker, detected in the serum, and patented its diagnostic method. I-VITAE has combined it with other 3 existing biomarkers (but never associated with infertility before), creating a diagnostic panel, called IMMUNOX, through which clinicians can understand if and how the female immune system can be a potential reason for infertility.The food supplement named NOFLAMOXTM acts as a “modulator” of any deficit detected in the immune system, by supporting the efficacy of ART, contributing therefore to turn an unexplained infertility cause into a potential pregnancy.I-VITAE bases its know-how on:⊕A diagnostic panel named IMMUNOX⊕A botanic food supplement named NOFLAMOXTM IMMUNOX is marketed as DaaS (Diagnostic as a Service). It’s a diagnostic service on blood samples, carried out in an exclusive laboratory, and comprises 4 different analysis compared with 4 biomarkers included in the panel. One of them envisages diagnostic analysis by using a proprietary and patented method, while the 3 remaining biomarkers through an analysis based on the ELISA platform.The final result is expressed through a new brand indicator called IRR (Immuno-infertility Relative Risk).NOFLAMOXTM is a herbal or botanic food supplement manufactured by an external manufacturer under I-VITAE license, which is currently being notified to the Ministry of Health for the marketing authorisation (so far the product has been prepared by specialized pharmacies).IMMUNOX is carried out on blood samples of potentially infertile patients both before and after the delivery of NOFLAMOXTM. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 50000 FROM WHOM? venerdì 2 ottobre 2015 Antonio Panigalli is an angel investor with a solid track record (previously involved in KIWI and FONDAMENTA) www.innovationitaly.it/en/ Page 99 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME Light4Tech srl WEB SITE www.l4t.it REGION Toscana ACTIVITY CODE - Codice AT 72.19.09 DATE OF INCORPORATION 24/10/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Emoled: the light that cures wounds. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Company Founders:Prof. Francesco Pavone, Director of the European Laboratory of Non Linear Spettroscopy (LENS), in charge of the scientific activity.Ing. Domenico Alfieri: Expert in Optoelectronics in charge of design and development of the device.Claudio De Mauro (phd in physics) in charge of optical and photonic development.Lorenzo Targetti, entrepreneur, in charge of business developmentother members:Ing. Cristina Tripodi, biomedical engineer, in charge of the medical part and quality. YOUR VISION L4T acts as a link between Research and Industry.We want to become the ideal partner to develop projects of applied research in the field of photonic. YOUR MISSION Light4Tech is a platform to transform optic, photonic and specrtoscopy research into marketable products in the field of biomedical devices and microscopy. YOUR PROJECT Through an European funded project (Eutig Treat) a biomedical device using specific light waves generated by LED sources has been developed and tested for inducing the coagulation of blood and accelerating the healing process of difficult and chronic wounds.Full testing on animals have been performed with very promising results.L4T owns the right for the commercial exploitation of such device. It intends to seek regulatory approval and introduce the device into selected markets to proof the commercial success of the product and generate and exit selling the whole company to one of the top incumbent pharmaceutical players in the wound healing market. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS European Patent #WO 2008/068712 Awarded"LED device for the hemostasis of blood vessels"This is a portable biomedical device that in the presence of a wounded skin, through the generation of a given amount of photonic energy generated by LED sources at specific wave length increases selectively the hemoglobin temperature inducing the hemostasis process. COPYRIGHT "Emoled" is the commercial brand of the Biomedical device under development and testing. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 €143,0 mln 0% - The product will be introduced into the market in 18 months from now.Expected sale's volume in the first 12 www.innovationitaly.it/en/ Page 100 of 211 month from starting commercialization €0,7mln YOUR COMPETITORS Advanced wound care products such as NPWT (Negative Pressure Wound Therapy) and other Therapy devices for Wound Healing COMPETITIVE ADVANTAGE Innovative technology (no other devices use LED visible light)Cost effective (market price under 1.000€)No risk of collateral effects Portable Easy to useNo maintenance HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? €150K FROM WHOM? venerdì 2 ottobre 2015 We have a pre commitment from a private investor with extensive knowledge of the pharmaceutical sector met through "BackToWork" initiative by Il Sole 24 Ore. www.innovationitaly.it/en/ Page 101 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME LiquidWeb s.r.l. WEB SITE www.braincontrol.it REGION Toscana ACTIVITY CODE - Codice AT 26.30.29 DATE OF INCORPORATION 16/06/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE breakthrough technology that gives disabled people the ability to control objects with their minds. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM BrainControl has strong technical foundations and a diversity of experience. CEO/Founder Pasquale Fedele, who has more than ten years’ experience in the ICT sector, has put together a team that includes international business experience, hardware and software designers, a speech pathologist who takes care of the patients' training and an advisory committee of doctors who work directly with the our target customers on a daily basis. The team is highly motivated to make BrainControl available to customers. YOUR VISION Our vision is to improve the quality of life for people suffering from severe disabilities and being the world’s first assistive technology that is usable by people who cannot move any muscles or communicate, YOUR MISSION Our mission is to have a breakthrough impact on the quality of life of people suffering from severe disabilities helping both them and their family and caregivers. Through Braincontrol technology we wanto to give disabled people the ability to control objects with their minds. YOUR PROJECT BrainControl is a breakthrough technology that gives disabled people the power to control objects with their minds, allowing them to control a communicator, domotic devices (lights, doors, windows, alarms, temperature, bed position, etc.), wheelchairs, and other assistive technologies. Based on a proprietary Brain-Computer Interfaces technology (BCI), BrainControl interprets the electric map that correspond to certain brain activity and allows patients to control a tablet PC through specific thoughts, overcoming physical disability, and improving communication and environmental control. The focus is on assistive applications for people affected by degenerative neuromuscular disease (multiple sclerosis, amyotrophic lateral sclerosis - ALS) and ischemic or traumatic injury, which each year affect more than 3 million patients. BrainControl is the world’s first assistive technology that is usable by people who cannot move any muscles or communicate, but who are consciously aware, a state called “locked-in” or “apparent coma”. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS BrainControl is a breakthrough technology that gives disabled people the ability to control objects with their minds. BrainControl works like a “mental joystick”,allowing people affected by Amyotrophic Lateral Sclerosis (ALS), Multiple Sclerosis, ischemic or traumatic injuries or other disabilities to venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 102 of 211 overcome severe physical and communicative disabilities (3.7 million people worldwide).A patent application has been submitted in March 2015 in Italy, which can be converted into an international patent within one year. COPYRIGHT A brand copyright application has been submitted in March 2015 in Italy MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS €18 billion. We started a market test with the first version of BrainControl in the middle of 2014 in order to test the business model. The product is proposed “as a Service” with a purchase option.The service model allows users to do the training and evaluate the benefits of the product, then continue with the service model or to purchase (with the support of private insurance or national health system). To date we have reached these numbers: 33 customers (including 3 Medical/Public Health organizations); 103 (private) and 43 (business) leads. BrainControl fills a technological void concerning assistive technologies for patients in advanced-stage of Amyotrophic Lateral Sclerosis (locked-in or apparent coma), who are not able to use eye-tracking devices, and is an alternative to eye-tracking systems which can be used both as a substitute or a complimentary product.There are a few companies working on BCI applied to assistive technologies that are built on a stream of research called “Visually Evoked Potential” or P300, which is inherently different than the “Imagined Movement” brain activity that BrainControl uses; The action and activity that the user performs is different, as is the headset that is used (dry vs gel based electrodes), the portability and the price. We need to also be aware of Emotiv and NeuroSky, the makers of the commercially available headsets that we use. They are currently focused on the gaming market, but could create assistive technology products in the future. COMPETITIVE ADVANTAGE BrainControl is clearly differentiated from its few competitors, because of the sensors/inputs used (EEG instead of eye-tracking or voice recognition) and the underlying BCI technology (Imagined movement instead of Evoked Response/P300). These differences create several competitive advantages, including being usable by people who can’t use currently available technologies and being portable and usable in more environments. It is also aggressively priced, making it more accessible than competing products. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 150 FROM WHOM? venerdì 2 ottobre 2015 1st place (out of 600 applicants), “Gaetano Marzotto Prize - for new social and cultural enterprises”, Vicenza, Italy, 17 November 2012.The first version has been realized through personal investment of € 100,000, € 20,000 from a research grant offered by Siena Province, € 100,000 from the Marzotto prize and 30,000 euros from the Terre di Siena Creative prize. www.innovationitaly.it/en/ Page 103 of 211 Macro-sector Life sciences Sector Life sciences COMPANY NAME My Genomics WEB SITE www.mygenomics.eu REGION Emilia Romagna ACTIVITY CODE - Codice AT 86.90.12 DATE OF INCORPORATION 07/11/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE GenoTest trnasform Raw genetic data into information. Doctors suggest actions to live longer and better. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Scientifically solid, extended sales reps all over italy, with a CEO managing them all scientifically. YOUR VISION DNA holds relevant information about our health, people want to live longer and better, we can help them. YOUR MISSION Inform people how they should behave to be healty and avoid become ill. YOUR PROJECT Raw data > information > actionWe use DNA scan hi-lelvel technologies and gruoped a team of specialists to interpret the RAW DATA and transform that into deliverable INFORMATION, mainly on oncology and cardiology.We chose these fields because are the most relevant "killers" and nutrition because it's at the basis of daily energy intake. ACTION is proposed from the doctor to the clientAgents and Docotrs and enthusiastic about our analysis.Clients feel safer.The potential is huge and we are structured to be scalable and global. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 250.000 to 500.000 PATENTS no patents yet COPYRIGHT logo and product name: "GenoTest" MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 5000000 20% Personal genomicsLaboratorio GenomaGenomix 4 Life23andme COMPETITIVE ADVANTAGE The business is highly scalable - Completeness of information - long term value arising from correlation genotype/phenotype HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 120000 FROM WHOM? venerdì 2 ottobre 2015 San Marino Government, San Marino Chamber of Commerce, US Venture Capital, with which we created a joint venture www.carpevitagenomics.com www.innovationitaly.it/en/ Page 104 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME Neuron Guard WEB SITE www.neuronguard.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 26.60.02 DATE OF INCORPORATION 20/05/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED Integrated neural solution for patients with Acute Brain Damage (ABD) PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PROTOTYPE Enrico Giuliani, a 33-year old medical visionary, is the founder and creator of the integrated cerebral protection system. A medical doctor with a specialization in Anesthesia and Intensive Care, Enrico lived the Emergency experience while volunteering for the Red Cross Emergency ambulance service. Mary Franzese, a 29-year old professional, is the cofounder and CMO. Master Degree in Economics and Master MISA at SDA Bocconi School of Management, she had a managerial experience of rehabilitation center. Mary has joined Neuron Guard in the early stage of its incubation because of her competence in the field of accounting and strategy. YOUR VISION Our expected outcome is to contain ABD consequences to save lives and resources in the context of continuing healthcare quality improvement and cost effectiveness. Our vision is to potentially introduce our solution in all those public crucial places exactly as the AEDs (Automatic External Defibrillator), contributing in saving millions of lives thanks to the early on-site treatment. YOUR MISSION Our mission is to develop and introduce into clinical practice an innovative, effective and simple solution for the emergency and hospital treatment of ABD based on a portable device delivering quick and stable controlled brain hypothermia. YOUR PROJECT We intend to offer an integrated neural solution for patients with ABD in order to reduce neural lesions and save portions of the brain that would otherwise be damaged and result in loss of functions such as speech, vision, motion, and even the ability to breathe. It takes just 8 minutes for a portion of the brain to be irreversibly impaired. Early on-site treatment is key to protecting the brain.The business opportunity we can take advantage of is huge, considering the size of the market (healthcare spending equal to $333.5 billion), the novelty introduced by our approach and the concrete opportunity to save a dramatic number of lives by the adoption of our product. The treatment can be started directly at the site of the event and continued at the hospital in compliance with best practices guidelines.The estimate funds needed to undertake all the necessary activities to reach the commercialization stage are fixed in approximately €2,3M. The majority of costs will be represented by personnel costs (approx€1M), while a consistent part will be related to subcontracting (€685K). Some quote of the “direct costs” will cover travels and subsistence for dissemination of the project/product, as well as for promotional materials; part of the costs will cover the purchase of equipments venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 105 of 211 needed for prototyping, demonstration activities as well as goods and services (€224K). NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Neuron Guard S.r.l. is the owner of the asset as well as of the Italian patent. The process for patenting started in October 2013, in cooperation with an Italian patent attorney and reached the assignment on January 2015. A PCT application was recently submitted in key country markets such as Europe, USA, Canada, Australia, New Zealand, Israel, Japan, Emirates, Qatar, Brazil, Russia, India, China. Furthermore, a crucial strategy recently elaborated by NeuronGuard’s team of IPR experts indicated the way of a continuing patent application, pursuing additional claims to the original invention, and – in relation – setting a so-called “(extended) patent family”. COPYRIGHT The wording "Neuron Guard" is a Community as well as an International trademark issued by OHIM (registered in November 2014) and WIPO (registered in July 2014). MARKET SEGMENT (ESTIMATED VALUE, EUR) €200 billion YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS While the actual competitors playing on the market rely on added values such as hypothermia stabilisation or targeted hypothermia treatment, we can offer to the customers a unique system able to be portable, providing hypothermia stabilisation as well as targeted hypothermia treatments.Possible competing technologies for hypothermia are: direct application of intrinsically cold materials (e.g. ice, gels) or chemical compounds capable of absorbing heat; expansion of compressed gasses; passive heat dispersion; active heat removal with a cooling circuit connected to a radiator; forced ventilation. Most current devices are based on these technologies for achieving therapeutic hypothermia, but they lack either the portability for emergency use or the ability to sustain the conditions that are required to achieve solid clinical results for ABD treatment. Possible competitors are Cryothermic Systems (the only portable solution), Philips (InnerCool) and Cincinnati Sub Zero (cooling blankets). COMPETITIVE ADVANTAGE Our approach is unique and brand new as we intend to produce brain hypothermia (with a required temperature decrease T of 3C) through a controlled cooling of the carotid and cerebral arteries blood with aportable neck collar. While present available solutions can offer only stable hypothermia performance and on-site use & portability and targeted hypothermia only in few cases, our solution can guarantee all these 3 relevant performances when in action, including intelligent monitoring and prognostic functions, representing a strong as well unique selling point to the potential customers.Our product is based on the neuro-protective effect of hypothermia to significantly reduce brain damage. It consists of a portable device that delivers a quick, stable and controlled hypothermia in the head area. Being portable, the treatment can be started directly at the site of the event and continued at the hospital in compliance with best practices guidelines. The complete system we will introduce into the market will comprises a set of 2 devices: refrigerating collar and collar control unit. Target temperature is in the range of 32°/34° C, and our system can keep the benefit of the treatment for approx 48/72 hours, being able to adjust adaptively the degree of temperature according to the different patient's feedback. This also represent a safety system against soft tissues injury (STI) due to low temperature. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 106 of 211 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? <=€110k FROM WHOM? venerdì 2 ottobre 2015 The project has been financed entirely with the savings of the two founders, Enrico Giuliani (€150k) and Mary Franzese (€100k), who together they have over 100% of the capital. It has to be pointed that Mary Franzese invested in Neuron Guard in October 2014, after more or less one year from the incorporation of the company. Additionally, a few relevant funding was granted to the company by Emilia Romagna Region (€95K) as well as the Intel Business Challenge Europe 2014 (€13,7K). Our growth is accelerating due to the great interest our business innovation is granting from scientific and venture capital ecosystem.During the time frame of the project, we will present our project to potential private funding bodies, in order to further improve the fund raising and maximise the investment. www.innovationitaly.it/en/ Page 107 of 211 Macro-sector Life sciences Sector Pharmaceutical industry COMPANY NAME Noxamet SRL WEB SITE http://www.noxamet.com/ REGION Lombardia ACTIVITY CODE - Codice AT 72.12.09 DATE OF INCORPORATION 12/07/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Metal-nonoates have peculiar properties of controlled release of NO PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Riccardo Roggeri, President and CEO. He is responsible for planning and controlLuigi Casella, board member, CSO and CTO. manages and supervises R&D and production regarding the Business Unit of PaviaLucia Morbidelli, board member, CSO and CTO. manages and supervises R&D and production regarding the Business Unit of SienaEnrico Monzani is the technical supervisor for R&D and Production of the Business Unit of Pavia Unit. Martina Monti is the technical supervisor for R&D and Production of the Business Unit of Siena.Francesco Casella is the junior project manager. Also dedicated to Marketing and Financial Communication. YOUR VISION We do not sell immortality, but we want to make deseases less deadly. YOUR MISSION Provide a wide range of pharmacological products that enhance the quality of life of mankind through better, more effective, less invasive treatment of cardiovascular diseases.Applications in the fitofarmaceutical sector will allow the optimization of agriculture in a more responsible way - more profitable and harmless for the ecosystem. YOUR PROJECT The ultimate goal is the preclinical development of a new family of nitric oxide (NO) donors, metal-nonoates, with potential therapeutic activity in various human diseases, but primarily cardiovascular system related.The metalnonoates, in which the properties of NO release by specific prodrugs are modulated and enhanced as a result of their complexation with metals, represent a significant innovation compared to the drugs traditionally used as NO donors.These compounds, developed and patented by Noxamet Ltd. can take advantage of the versatility of metal ions: the capacity to coordinate multifunctional binding molecules, the flexible stereochemistry, and the variability of ionic charge and chemical reactivity, to promote a controlled release of NO .Preliminary and published results, on in vitro and in vivo models, demonstrated that metal-nonoates exert a protective effect on the vasculature (endothelium, smooth muscle cells and platelet) and induce an antihypertensive effect in more efficient manner than commercial NO donors, without resistance occurrence. Repeated daily administration of metal nonoates is safe and well tolerated by mice and rats. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Brevetto numero EP1370544 B1 in europa 2006 ; U.S.A. (US Patent 6,897,218, 2005)Cina (Patent ZL 02800754.9, 2006). Titolo: “Nitric oxide donors based venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 108 of 211 on metallic centres”The patent relates to a new class of nitric oxide (NO) donors, releasing metal complexes characrerised by the presenze of a NONOate residue. Its use as pharmacological agent is able to induce vascular relaxation, exert endothelio-protective effect on the coronary disctrict.The invention also relates to a process for preparing the aforesaid compounds and to pharmaceutical formulations containing one or more of the aforesaid compounds. COPYRIGHT Noxamet does not have copyright registration MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 830000000 N/D No competitors. COMPETITIVE ADVANTAGE The competitive advantage is determined by the intrinsic characteristics of the compounds, the metal-nonoates.Metal-nonoates represent a significant innovation because the properties of NO release by specific prodrugs are modulated and enhanced as a result of their complexation with metals: they are two orders of magnitude more potent and with prolonged efficiency than currently available NO-releasing compounds on the market.They also show more in-vivo activity and are stable even at high temperatures and do not decay: their transportability is one of the main critical success factor, alongside the quality and the assortment of the expertises of the shareholders.Also, the potential of the cardiovascular sector of the global pharmaceutical market is particularly relevant. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 700000 FROM WHOM? venerdì 2 ottobre 2015 No private investors, only public fundings. www.innovationitaly.it/en/ Page 109 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME P2R srl WEB SITE http://www.playtorehab.com REGION Lombardia ACTIVITY CODE - Codice AT 721100 DATE OF INCORPORATION 03/12/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE NiuRion: a smart game for the rehabilitation in virtual places PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Gabriele Ceruti: physio at Treviglio Hospital. He has got tasks at the Bicocca University of Medicine and Surgery in Milano, including the teaching of pediatric physiotherapy. He’s the leader-inventor of NiuRion, co-founder of P2R and Project Manager”Thomas Orlandi: graduated in Information Technology at the University of Milano, he announced studies of systems of informatic security. In 2011 he founded E' CEO of iWebDev, society founded by him. He’s co-founder of P2R and CEO.Jessica Rispoli: graduated in Physiotherapy at the University of Milano Bicocca. She works as physio in private structures in Bergamo. She’s Co-founder. YOUR VISION can offer to physios colleagues a an available economic tool to became a mass product and to create a net of researchers “from the low”.To became the leader of the world of the smart game for the neuromotor rehabilitation in the next 5 years YOUR MISSION to render the rehabilitation a funny and involving activity for patients; to an available price to the medium consumer. To allow to physios to measure and to verify with objective feedbacks the healing route proposed. YOUR PROJECT NiuRion, a professional device very innovative projected to assist the therapist and the patient in the rehabilitation practice taking advantage of the tecnology of play in virtual places to guide the sessions of rehbilitation, maximizing the medical effectiveness and proposing a funny and involving experience to the patient at the same time, in particular thanks to an intelligent system of autoregulation and specific setting on the user (approach feed-forwarddeposited system).The user, after wearing the inertial sensors (thanks to an elastic clothes) and fitting in front of the screen-video of some device- can do, inside a virtual space, rehabilitative exercises adapted to his problems through ludic activities where it’s asked to reach a specific play’s goal. On the screen, the patient will see a representation of himself (avatar) in a way to follow the moves in a real time; the avatar will be in a specific stage and he will do motor actions to interact with the space around him. The different exercises proposed by NiuRion are developed and studied by a team of specialists in the domain of rehabilitation to act with effectiveness on different motor disabilities. In this way, the patient can do specific actions and moves, in order to do with effectiveness the healing route prefixed. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 110 of 211 PATENTS P2R s.r.l. is the free license holder of 2 questions of vocational competence certificate number EP13703135 and number PCT/IB2013/050052 aimed at the coverage of the intellectual property in Europe, USA, Japan, China, Brazil and India. In particular the innovation offers a method and a system to offer rehabilitation sessions through the use of virtual environment and ludic proposal, based on scientific evidence. COPYRIGHT A method and a system for the neuro-motor rehabilitation using interactive system-places. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 990000000 We’ll enter on the market on February 2017 and we stimated a EBITDA of € 1.167.500 Valedo Motion di Hocoma, Bioval di RM lngenierie, Riablo di CoRehab. COMPETITIVE ADVANTAGE Possibility to assist at all bodily segments, possibility to work OFF line and ON line, very convenient price (sometimes also less than the 75%), maximum accessibility, very high play value and longevity, exclusive and unique patented system of artificial intelligence of autoregulation, exclusive system of management of clinical scores, compatibility with console and portable devices. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 120000 FROM WHOM? venerdì 2 ottobre 2015 To this day financed by da Bando Start Up for Expo and Bando Frim Start up and restart ( financial backer FinLombarda ). We look for private investors and/or industrial partnerhip www.innovationitaly.it/en/ Page 111 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME Quipu Srl WEB SITE www.quipu.eu REGION Toscana ACTIVITY CODE - Codice AT C 26.60.02 DATE OF INCORPORATION 19/01/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE A new generation of biomedical ultrasound systems based on software applications. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM The management team includes three engineers, who share 15 years work experience in the field of medical ultrasound, and one economics graduate with 10 year experience in sales management, business development and customer relationship management. Quipu has a scientific advisory board that includes opinion leaders and members of the main Scientific Societies in the field of diagnostic ultrasound. YOUR VISION We believe that software applications can change the world of medical ultrasound systems and can overcome the limitations that make ultrasound still underutilized. YOUR MISSION The mission of Quipu is to design a new generation of biomedical ultrasound systems based on software applications. YOUR PROJECT Quipu developed a new software platform that runs on a standard computer and can work in conjunction with ultrasound devices currently available in hospitals. The applications process the ultrasound video images and provide advanced functions for standard (and also low-end) devices.The current business model of Quipu is licensing the software applications. We developed a flexible licensing scheme that allows several license types and guarantees software protection.Up to now, Quipu has developed its first two applications in the field of cardiovascular disease prevention. The result is an assessment of the patient’s cardiovascular risk that is based on objective measurements of sub-clinical manifestations of the cardiovascular disease.The software product is a CE medical device (93/42/EEC) and is obtaining FDA clearance.Company next steps will be:To finalize the software platform (today it runs only on an Apple PC). We are making it compatible with Microsoft, Linux and Android computers/tablets.To develop new applications. We are now working on new applications in the fields of cardiology, interventional therapy and hepatology.To introduce a next-generation ultrasound system. We are now evaluating hardware devices provided by OEM companies to design a smarter ultrasound scanner that will be operated by the NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We produce a software and we don't have patents. COPYRIGHT We have the copyright on all our software venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 112 of 211 COPYRIGHT MARKET SEGMENT (ESTIMATED VALUE, EUR) 7 billion YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS The competitors are a number of small companies specialized in the development of software for ultrasound image analysis (for example, TomTec Imaging Systems GmbH, Germany). Most of them were created to commercialize a single application arising from a research laboratory and did not undergo significant development. None of them proposes a platform for applications such as the one developed by Quipu. COMPETITIVE ADVANTAGE The ultrasound device market is dominated by a few large manufacturers. It is conservative market with a product life cycles of several years. We enter into the market with a software solution that works with current devices. In a second step, we propose a complete solution that replaces current devices. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 FROM WHOM? venerdì 2 ottobre 2015 Quipu seed capital was provided by their founders www.innovationitaly.it/en/ Page 113 of 211 Macro-sector Life sciences Sector Medical devices COMPANY NAME Wellness & Wireless Srl WEB SITE www.wellnessandwireless.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 62.01.00 DATE OF INCORPORATION 21/03/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE SuperOp daily suggests athletes the ideal training load to improve performance PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM The management team consist of Paolo Gambini (CEO and CMO) and Maurizio (CEO and CTO) and of Prof. Marco De Angelis MD.Paolo and Maurizio are experienced managers with nearly 20 years of experience with start ups in the international telecom industry (Tiscali, Tinet, Ipergy, ISDnet) and long term working experience in UK, Germany, Spain, France and Belgium.Marco has over 20 years experiece in sports phisiology and has worked for the Italian Olympic Committee, ESA, NASA and acts as a consultant for a variety of olympic teams in Italy, Russia, China and Vietnam. YOUR VISION Changing the way athletes (pro and amateurial) around the world train thanks to a methodology that is unique, highly effective (proven by two olympics athletes including a world record holder), hard to imitate and suitable for virtually any sport. SuperOp is a first to market that will create a new market segment. YOUR MISSION W&W mission is to to improve people’s wellbeing and health by overcoming the constraints of space and time through the use of mobile and personal technologies and, where needed, through the communication and support of specialists through video, phone and messaging. YOUR PROJECT We are now finalising the testing of SuperOp to then move to market it into a number of territories (USA, EU, Russia and China first). SuperOp can be sold both as stand-alone app and as a physical product: a box containing a bluetooth blood pressure meter that the athlete must use to measure the parameters requested by SuperOp.W&W therefore is looking for the financial resources to market SuperOp in one or more of the above territories through: -Engagement of opinion leaders (journalist, bloggers and trainers/coaches) -Engagement of local and/or sport-relevant testimonials, Targetted advertising campaigns-Building a sales network to target sport appareils chains and stores (with focus on stores specialised in Running, Cycling, and Triathlon). NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We own no patents yet. However the algorithm behind our methodology to improve athletes performance has been developed by our Chief Medical Officer, Prof. Marco De Angelis, as the result of over 20 years of clinical studies on professional athletes phisiology. Such intellectual property is therefore a trade secret of Wellness & Wireless venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 114 of 211 COPYRIGHT We own the copyright on Yukendu brand and logo. Yukendu is the first service we launched in 2014. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 30 - 40 billions 0,02% out of the total market segment.However our product is a first to market and will likely create a new market segment The only competitors are special training centers that provides intrusive and expensive clinical analysis to athletes. Analysis that can not be repeated daily and that therefore have a limited impact on the long run performance improvement. COMPETITIVE ADVANTAGE Our product (SuperOp) is the first and only approach in the market that can assess on a daily basis, inexpensively and in a non intrusive way (by using a blood pressure meter) the ideal intensity of the training load that an athlete can take on that day to optimize her performance and reduce the risk of injuries or overtraining syndrome. The algorithm behind this novel methodology is Wellness & Wireless intellectual property and trade secret. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 900,000 eur FROM WHOM? venerdì 2 ottobre 2015 1- Fondo Ingenium Emilia Romagna IIIngenium is managed bythe DutchItalian joint venture Zernike-Meta Ventures and is aiming at supporting innovative start-ups within the region of Emilia Romagna.2. Regione EmiliaRomagna: Bando start-up innovative Anno 2013 - Asse 1 POR FESR 20072013’Attività I.2.1 www.innovationitaly.it/en/ Page 115 of 211 Macro-sector Life sciences Sector Life sciences COMPANY NAME WISE WEB SITE www.wiseneuro.com REGION Lombardia ACTIVITY CODE - Codice AT 72.11.00 DATE OF INCORPORATION 02/09/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE The new generation of Neuromodulation leads: unbreakable, less invasive, cheaper. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM The WISE team is made by 8 operative people (1 CEO, 1 Administration Manager, 1 R&D Manader, 5 R&D Engineers)Management team:Luca Ravagnan: CEO and co-founder of WISE S.r.l. He holds a PhD in Physics, and he has long-term experience in basic and applied research in the field of nanotechnology. (see: http://goo.gl/BJjdDP and http://goo.gl/4pgwE7).Mario Zanone Poma: Chairman of WISE. Graduated in Economics, he has long lasting managerial experience having been CEO and chairman of big size companies as Kalle Infortec, Telepiù, Mediocredito. Sandro Ferrari: R&D Manager and Partner of WISE. He holds a PhD in Biomaterials and a Master in Project Management. YOUR VISION WISE’s leads will overcome major limitations of today’s state of technology, improving the treatment of patients that are already profiting from Neuromodulation while at the same time opening up Neuromodulation to patients in fields and clinical indications in which the complex technical demands cannot yet be met by existing technology. YOUR MISSION WISE has the mission of developing and marketing the new generation of leads for Neuromodulation and Neuromonitoring for the treatment of Chronic Pain and for presurgical Epilepsy monitoring: highly biocompatible, foldable, stretchable, minimally invasive and cheaper to produce than existing products. YOUR PROJECT WISE is presently producing and testing the prototypes of electrodes for Neuromonitoring and Neuromodulation.During the last year, the prototypes have been extensively electrochemically tested, showing high efficiency for both stimulation and recording (compared to the products on the market). Miniaturized prototypes of electrodes have been tested in vivo on Guinea Pigs. Presently WISE is continuing the animal testing of the electrodes, is further optimizing the manufacturing steps and is completing the engineering phase its first product line for human use (Cortical Grids). In June 2015 WISE has successfully closed a VC financial round by €3,000,000 (with the participation of 4 new investors) that is now allowing WISE to upscale its structure both concerning its equipment and its working force. Indeed, in order to obtain in 2016 the CEE mark the Cortical Grids and to start the production and commercialization, WISE is developing a dedicated production line and it is focusing on their pre-clinic and clinic validation.Since its foundation, WISE has received as recognition of the innovativeness of its products, 9 national and international Innovation Prizes, two Business Plan Competitions and 5 best venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 116 of 211 presentation Awards at International Investor Meetings. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS One Italian Patent granted: - MI2010A000532; "Metodo per la produzione di manufatti elastomerici funzionalizzati e manufatti così ottenuti"Two PCT applications in national phases: - PCT/EP2011/054903; "Method for the production of functionalized elastomeric manufactured articles and manufactured articles thus obtained"; nationalized in EP (11716496.2), USA, Canada, India, Israel, Korea, Japan (granted in Japan).- PCT/EP2012/074492; "Method for the production of stretchable and deformable optical elements, and elements thus obtained"; nationalized in USA, EP, Korea, Japan, Israel. COPYRIGHT The company Logo was registered as trademark (MI2015C002054). MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Neuromodulation: $2.8B in 2013 The company will obtain CE mark for the first product in 2016 and will start the product commercialization in 2017. The Neuromodulation market is nowadays characterized by three main multinational companies addressing the major medical needs (Medtronic, Boston Scientific and St. Jude) and several medium-sized companies specialized on specific pathologies (such as Cyberonics, Neuropace, Algostim, etc.). Most of these companies outsource the manufacturing of the leads to medium-sized companies (such as Greatbatch Medical, Stellar Technologies, Ardiem Medical, Blackrock Microsystems). All these manufacturers produce the leads with a standard technology, i.e. manually welding standard cables to rigid electrodes and therefore producing rigid, poorly stretchable, invasive and highly expensive leads. WISE will compete with these traditional manufacturers by selling less invasive, highly reliable and cheaper leads. COMPETITIVE ADVANTAGE WISE S.r.l. is a startup company having the mission to develop and market the new generation of implantable electrodes (leads) for Neuromodulation for the treatment of chronic pain and for Neuromonitoring. WISE produces its leads through a proprietary technology named Supersonic Cluster Beam Implantation (SCBI), which allows the metallization of biocompatible silicones.SCBI consists in embedding metal nanoparticles inside a preformed polymer base in order to form a conductive metal-polymer skin on its surface. The electrodes obtained with this technique are strongly attached to the polymer, resist without electrical failure to extensive deformations of the polymer, such as bending and stretching, and have very good performances in terms of biocompatibility. Furthermore, SCBI allows to embed electronic circuits in foils as thin as a few microns without damaging the foil itself. WISE’s technology is disruptively innovative, since it will change the way leads for Neuromodulation are produced and it will guarantee reliability performances unattainable with existing technologies. Finally, SCBI will open completely new therapeutic scenarios, since the low invasivity and high conformability of the leads produced by WISE will allow to produce completely new neural interfaces. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? EUR 4,240,000 FROM WHOM? INVESTORS: - Agite! SpA (Italy), - High-Tech Gründerfonds - HTGF (Germany), - Atlante SEED (Italy), - b-to-v Partners (Switzerland)- Amigdala Srl (Italy)Principia SGR S.p.A. - Principia III – Health (Italy)- Atlante Venture (Italy)- venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 117 of 211 Antares Srl (Italy)- F3F SpA (Italy) venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 118 of 211 Macro-sector Logistics, mobility and product tracking Sector Logistics, mobility and product tracking COMPANY NAME Attain IT Srl WEB SITE www.attainit.eu REGION Veneto ACTIVITY CODE - Codice AT 62,03 DATE OF INCORPORATION 25/01/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Cloud-based vehicle remote monitoring and diagnostics PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Attain IT is a young and dynamic company, composed of 100% personnel under the age of thirty-five years. Attain IT staff includes all graduated personnel, specialized either in Mechanical or Control System engineering. YOUR VISION Exploiting existing information, e.g. published over the vehicle on-board data network, without the need of additional sensors, allows implementing effective and robust solutions for diagnostics and monitoring functionalities and advanced systems for personalized driver support. YOUR MISSION Development of SW products and services for the acquisition and processing in real-time of data from mobile systems (such as vehicles and personal devices sensors) and by means of mobile devices (such as smartphones and embedded systems). YOUR PROJECT Enhancement and improvement of the platform and technology used to remotely retrieve data on the status of a vehicle from the on-board data network. Currently the technology is implemented and provided in the form of service as Fleet BCM-Battery Charge Monitoring and Fleet FLM-Fuel Level Monitoring. The service allows the remote monitoring of the battery charge of electric vehicles and fuel level of conventional ones through a CAN/Bluetooth device providing selected access to the on board data network. An on-board BT dongle controlled by Attain IT through a renowned third-party device, sends the battery level, the vehicle mileage and the vehicle status to Attain IT servers. Geolocalized information are then available both on a dedicated fleet management web page and through customized web services, for integration with ERP. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Attain IT owns the following four patents:- Italian P. Nr. BO2013A000513: ACCESS-CONTROL METHOD AND SYSTEM TO MANAGE WATERCRAFT TRAFFIC IN A LIMITED TRAFFIC ZONE- Italian P. Nr. BO2011A000055: METHOD FOR INDIRECT AND REAL-TIME MONITORING OF THE STATE OF THE TYRES OF A VEHICLE- Italian P. Nr. BO2009A000514 - U.S.A. P. Nr. 8,260,491 B2: METHOD FOR ANALYSING THE BEHAVIOUR OF THE DRIVER OF A VEHICLE- Italian P. Nr. BO2007A000531 - U.S.A. P. Nr. 8,060,273 B2: METHOD FOR DIAGNOSING A COMPONENT OF A VEHICLE COPYRIGHT None venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 119 of 211 MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 1.457.400.00 euro/year 110.000 euro/year (2016)Based on the following estimations:Car-sharing: 1600 vehicles euro/month x 12 months = 48.000 euro/year.Large fleets: 2000 vehicles 60.000 euro/year.Growing all per year basis. Competitors are engineering and IT companies, either directly or in partnership with large suppliers of navigation systems, with expertise in the connection to the on-board data networks, data interpretation and real-time software development either for Desktop/Server or embedded applications. COMPETITIVE ADVANTAGE Flexibility and vertical know-how in the following areas:-Advanced physical mathematical algorithms implementing model-based and data-based solutions, applied also to human behavior detection;-Expertise in connecting to the onboard data networks to read and exploit information circulating over them:• CAN bus• FMS• OBD-II- Solutions implemented on a wide variety of standard and custom hardware platforms either with operating systems or proprietary firmware HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 226 FROM WHOM? venerdì 2 ottobre 2015 The external capital is constituted by public funding provided by Italian Public Administrations, in particular by the Borough of Venice and by Regione Veneto.The Borough of Venice in 2011 awarded Mr. Attilio Brgihenti and his sons with the first place in the VII call for the assignment of grants for the settlement and development of business companies in areas of urban decay. Thank to this grant Attain IT was founded on the 25th of January 2011 as a spin off of S.A.T.E. (www.sate-italy.com), a private engineering company specialized in research and innovation with long experience in the design and development of physical mathematical models applied especially to the automotive, energy and large engines industry, with renewed customers in Italy, Germany, Scandinavia and India.The Regione Veneto awarded Attain IT in 2013 and 2014 three grants for the execution of Research and Development projects in the field of diagnostics and sustainable mobility, specifically:-Model based diagnostics (2013) aiming at developing and improving the model based diagnostic applications of the company.-Mobility Tracker (2013-2015), aiming at the development of enhanced algorithms and the identification of the suitable technologies to provide, across a variety of devices, a diary of mode and length of use of transportations means such bike, walking, car riding, and public transport (in collaboration with Xerox Research Centre Europe, Grenoble, France).-E-driver tutor suite (2014-2015) aiming at enhancing the technologies owned by Attain IT, adapting them to electric vehicles. www.innovationitaly.it/en/ Page 120 of 211 Macro-sector Logistics, mobility and product tracking Sector Logistics, mobility and product tracking COMPANY NAME DIENPI S.R.L. WEB SITE www.dienpi.com REGION Marche ACTIVITY CODE - Codice AT 18,12 DATE OF INCORPORATION 22/12/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Smart Label: new and modern way to comunicate. PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PRODUCT Dienpi srl, a label manufacturer based in San Benedetto del Tronto, was born officially in 2012 but comes from more than thirty years experience of DIENPI members in the fashion accessories. Dienpi is like a big family and his team works with satisfaction. YOUR VISION With our products we would like to reflect all quality standards required by applicable law, in the matter of protection and ethics of the workplace. Our collections often include the use of ecological materials .From some years we are promoting our new and modern products on the foreign market. YOUR MISSION Our mission is to expand the sales network to the foreign market and give to our customers a new possibility of certification of the product with our SMART LABEL. YOUR PROJECT DIENPI presents SMART LABEL, the new digital safer DENIM LABEL for Counterfeiting, Traceability, Customers Engagement and more. It's an interactive, unique and not reproducible label that communicates with devices equipped with NFC (Near Field Communication) technology.It is very simple to use: just hold the your NFC smartphone or tablet to the DENIM SMART LABEL and read what appears on the display. SMART LABEL allows the BRANDS to communicate to the consumer the differentmultimedia contents displayed on the smartphone:• Tell the denim story or the brand story* Information on products or collection* Launch advertising campaigns or competitions* Promote loyalty bonuses* Register customers on its database* Invite consumers on their social networks* Comunicate the entire production chain or process transparently.* Certificate of the jean’s authenticity SMART LABEL provides an important support to consume awareness and responsible.The SMART LABEL makes the difference of the jean that hosts it and it becomes a great tool of communication, not only a stilistic one, but of real content, readable by anyone at any time. SMART LABEL is created and patented by DIENPI, it’s washable and it will be readable even after various treatments. NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) from 1 mln to 2,5 mln PATENTS NR. 1 - SMART LABELDIENPI presents SMART LABEL, the new digital safer DENIM LABEL forCounterfeiting, Traceability, Customers Engagement and venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 121 of 211 more.It's an interactive, unique and not reproducible label that communicates with devices equipped with NFC (Near Field Communication) technology.It is very simple to use: just hold the your NFC smartphone or tablet to the DENIM SMART LABEL and read what appears on the display. SMART LABEL allows the BRANDS to communicate to the consumer the different multimedia contents displayed on the smartphone. COPYRIGHT NR. 1 - SMART LABELDIENPI presents SMART LABEL, the new digital safer DENIM LABEL forCounterfeiting, Traceability, Customers Engagement and more. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 5.000.000 We would like to propose the use of the SMART LABEL to the clothing brands medium high and in particular to the manufacturers of denim Italian and foreign.We would like to extend the utility model in Europe and in America and Japan. Now our competitors are the other companies who produce labeling. COMPETITIVE ADVANTAGE Our competitive advantages are:- our new project SMART LABEL;- our prices;- our production all Made in Italy;- our hight quality;- our delivery times; HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 300 FROM WHOM? venerdì 2 ottobre 2015 From a lot of banks.In particular: - Banca delle Marche;- Banca Carige, who decided to finance the new development. www.innovationitaly.it/en/ Page 122 of 211 Macro-sector Logistics, mobility and product tracking Sector Logistics, mobility and product tracking COMPANY NAME Sherlock S.r.l. WEB SITE www.sherlock.bike REGION Piemonte ACTIVITY CODE - Codice AT 26.30.21 DATE OF INCORPORATION 17/06/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED GPS antitheft device for bicycles connected to a mobile app PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Most of the profiles needed for the technical development, marketing and managerial aspects are present within the founders team. Pierluigi Freni takes care of the business aspects and coordinates the operations. The technical area is managed by Matteo Stoppa and Stefano Martinallo, responsible for the hardware design and development and the software development, both for the back-end infrastructure and the front-end. Nathalie Biolcati and Francesca Manna are in charge of the economic and financial aspects, the marketing strategy, distribution channels and relations with stakeholders. Marzia Testa focuses on UX design for mobile and web interfaces, usability and social media management. YOUR VISION Sherlock helps you keep the things you love safe, controlling them from a distance. Make your choices without constraints, without fearing accidents or thefts. YOUR MISSION We connect you to the objects and people around you, collecting data and empowering the communication between the owner and the object. YOUR PROJECT Being a cyclist means embracing a sustainable lifestyle, enjoying commuting and promoting a change in society. Every year more than 3 mln bicycles are stolen in Europe and bicycle theft is a critical issue worldwide.Sherlock is a GPS-based antitheft device, connected to a mobile app, that allows cyclists to locate their bicycles and retrieve them in case of theft. Sherlock is embedded into the structure of the bicycle, is characterized by an unobtrusive design and provides a flawless user experience.The value that Sherlock offers is based on:- Bicycle localization: constant and precise monitoring of the position of the bicycle thanks to the combination of a GPS module and an Internet connection (GSM/GPRS). The position is defined with an error lower than 5 meters and it can be consulted through a mobile app.- Push alarm notification: once the alarm is activated, if the bike is moved above a certain threshold or exit the geo-fence the user receive an immediate push notification on the smartphone.- Unobtrusive design: the device is very compact and light. It can be freely installed inside the frame of the bicycle, the handlebars or the seatpost and it is not visible from the outside. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS None venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 123 of 211 COPYRIGHT The Sherlock trademark is registered in Italy and it is going to be extended abroad MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS €530 mln Sherlock’s market share in 2016 will be equivalent to 0,05% of safety devices sold in Europe. Most of the main competitors are in a startup phase. They are Lock8, BitLock, Bike+, BikeSpike, SpyBike, Locca, Cricket, Bikeep and Connected Cycle.Some of these devices offer performance tracking, the opportunity to share the customer’s own bike, but, in case of a theft attempt, they are subjected to the same problems of common padlocks; some are complicated to install and in many cases they even require the intervention of a specialist and almost all of them alter the aesthetic of the bicycle. COMPETITIVE ADVANTAGE When common locks and chains fail at preventing bicycle theft, there is almost no chance to retrieve the bicycle: Sherlock leverages IoT technology in order to provide an innovative solution with sustainable costs and at a competitive price.Sherlock’s competitive advantage lies in its invisibility (concealed inside bike structure/handlebars/headset), its easy installation and its practicality. The device is less exposed to atmospheric factors and does not change the bike design. Also, the GPS guarantees a precise location of the bike (≈ 5 meters) and tracks the cyclist’s performances (being compatible with major tracking platforms, e.g. Strava). Extra added value is provided by Sherlock mobile app: it will forward bikes’ data to the bike national registry and directly report theft to the local police (e.g. pilot program in cooperation with Municipality of Turin). HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? €130,00 FROM WHOM? venerdì 2 ottobre 2015 The Sherlock project was selected for funding from frontierCities, an EU-funded project (http://www.fi-frontiercities.eu/) that supports the development and deployment of smart mobility solutions in European cities. The goal of frontierCities is to bring the benefits of smart mobility solutions to citizens, enhancing the urban mobility and the quality of life. This programme directly funds SMEs and Start-Ups to develop and deliver innovative solutions whose ultimate beneficiaries are European citizen and cities.The Sherlock project is one of the 27 projects selected among about 600 international candidates. This grant will allow us to go from the prototype to the product and to jump start the commercial phase. www.innovationitaly.it/en/ Page 124 of 211 Macro-sector Manufactured goods Sector Clothing and accessories COMPANY NAME BANALE WEB SITE banale.com REGION Lombardia ACTIVITY CODE - Codice AT 222909 DATE OF INCORPORATION 09/10/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED A portable design Toothbrush. 2 in1 and rechargable PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Founder, Tommaso Puccioni (34) - SALES & MARKETINGFounder, Stefano Bossi (35) - SUPPLY CHAINDavide Etzi (39) - CFOFilippo Biagi (35) DESIGNERMarta Azzolin (23) - DESIGNERSimona Cattaneo (24) - OPERATIONS YOUR VISION There are a lot of personal car accessories that today are just perceived as industrial products for a low range mass market.We believe that exist new premium markets for advanced products. YOUR MISSION Create a new brand for advanced personal accessories. YOUR PROJECT Banale will launch 12 new personal accessories in the next 5 years. At the beginning we'll distribute mainly in beauty, fashion and design third parties stores and online. Then we'll open Banale Stores.Corporate sales and technology licensing represent other powerfyul stream of revenues.We can reach a turnover of 20MLN in 2019 being present in UE and extra UE. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS n°2 UE Design Patents.Both patents cover different releases and multiple designs of our first product, TOOTHBRUSH. COPYRIGHT Trade mark is registered. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 100 MLN 0,02 It's a brand new market segment.We don't have direct competitors, none with our proposition and placement strategy. We have structured indirect competitors on the mass market (Procter & Gamble, Johnson, Reckitt ecc) COMPETITIVE ADVANTAGE We have in mind strong and innovative products by which Banale will try to disrupt consolidated personal accessories market and present itself as an innovator brand which created a new premium market segment.Our main advantage is this multiple first strike.Then we have good patents. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? more than 900.000€ venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 125 of 211 FROM WHOM? venerdì 2 ottobre 2015 Banale collected 120.000€ from private investors and more than 900.000€ in public and bank loans at favourable credit terms.Private investors pre revenues evaluation of Banale amounts to 1.000.000€. External investors are Giovanni Borroni, business angel who acquired 10%, and Marco Sittoni, bank manager, who acquired another 2%. Public Loans are: 1. Invitalia: 519.000€ (10 years loan at 0%)2. Finlombarda: 115.000€ (5 years at 0,5%A bank loan of 300.000€ (5 years) is provided by Banca Intesa. www.innovationitaly.it/en/ Page 126 of 211 Macro-sector Manufactured goods Sector Building material COMPANY NAME EN-TECH SRL WEB SITE www.plyterm.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 28.21.29 DATE OF INCORPORATION 09/12/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Modular heating panels freestanding and efficients. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM We are young engineers : our aim is to revolution the idea of heating. We try to twist the rules, to see the matter in another light. The team is so composed: Doct. Fabrizio Alfieri ( Moralizer and mad inventor), Eng. Nicola Haghighi (The punctilious) and Eng. Damiano Alfieri (The geek). We are in collaboration with Ecotec Energia (Engineering study).We move our first steps into the basement. From the beginning our incubator was REI: Reggio Innovazione. We won Regional Competition announcement 2014. The total amount of our investment plan is 120000,00 EUR. We also won the UpIdea competition announcement, organized by Industrials Association. Now, we harvest the fruits of our work so we are moving in to a more structured situation and we are trying to organize an industrial production. We are also trying to export our idea abroad. YOUR VISION Our vision refers not merely to high efficiency heating systems but also to any area that offers the opportunity to reduce pollutant emissions, reuse materials, and promote social progress in terms of health and wellness. YOUR MISSION EN-TECH Srl's corporate mission is based on a leitmotif: promotion of social well-being while reducing environmental impact. YOUR PROJECT Plyterm: The intelligent heating En-Tech is driving a revolution in the space heating sector: Plyterm or "layered heating" is a system of electrically heated modular floor panels. Rather than heating the interior space, these products are designed to deliver warmth to the occupants. Each product made under our Pylterm registered trade mark has been developed to solve heating needs in the most diverse application environments. The common thread lies in our patented system of modular coupling systems that assure flexibility and the maximum freedom in choosing the heating surface. Apart from its modularity, the key feature of PLYTERM lies in the energy savings available thanks to the irradiation technology employed. In addition, PLYTERM dispenses with the need for centralised structures such as boilers etc., since each module functions independently. All our products are CE marked and in compliance with the following directives: 2011/65/EC (RoHs), 2014/30/EU (EMC), 2014/35/EU (LVD). The internal electric heating element is certified in compliance with NEMKO and the CB certification scheme. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS one patent.Modular smart heating venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 127 of 211 COPYRIGHT Plyterm or "layered heating" is a system of electrically heated modular floor panels. Rather than heating the interior space, these products are designed to deliver warmth to the occupants. Each product made under our Pylterm registered trade mark has been developed to solve heating needs in the most diverse application environments. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 45.000.000.000 EURO 0 NoOne this kind of heating. Thermal Technology and Warmflor is a company producer a different electric system heating but is not modular. SOME COMPETITORS CAN BE ABOUT MAKING HEATING SYSTEMS HYDRONIC COMPETITIVE ADVANTAGE VERY LOW PRICE , LOW ENERGY CONSUMPTION, EASY INSTALLATION HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 130000,00 EUR FROM WHOM? venerdì 2 ottobre 2015 People near us that are trusting in our project. www.innovationitaly.it/en/ Page 128 of 211 Macro-sector Manufactured goods Sector Building material COMPANY NAME Equilibrium Srl WEB SITE www.equilibrium-bioedilizia.it REGION Lombardia ACTIVITY CODE - Codice AT 71.12.1 DATE OF INCORPORATION 05/01/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Hemp based biocomposites for comfortable and healthy zero energy building PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM - Paolo Ronchetti, CEO, degree in Economics and Business and MSc in Sustainable Developement. Prior to Equilibrium, he worked as researcher and consultant in the fileld of futures studies and strategic innovation towards sustainability.- Daniele Lombardo, CFO, degree in Economics and Business at University of Bergamo. Prior to Equilibrium he worked in positions with both finance and marketing responsibility. - Gilberto Barcella, R&D, has more than 20 years experience in the construction sector with a wide range of roles and responsibilities as technical and sales manager, project manager and entrepreneur. YOUR VISION Full regeneration of people, environment and economy bringing abundance to the world and a society where any building fulfil zero energy standards thanks to envelopes made of vegetable based biocomposites. YOUR MISSION Leadership in green building through constant innovation in hemp based biocomposites for energy efficient, comfortable and healthy buildings. YOUR PROJECT Equilibrium is the innovative startup operating since 2011 in the field of green building with a full range of effective, certified and patented solutions for energy efficiency. We manufacture, install and market both Biomattone® and Natural Beton®, hemp and lime biocomposite materials able to provide high energy efficiency, top living comfort and healthiness to new and existing buildings. Buidling envelopes made with Biomattone® and Natural Beton® help maintain constant levels of indoor temperature and relative humidity in residential, commercial and industrial buildings. Among the most interesting applications we offer solutions for walling systems, roof and floor insulation, insulation of existing wall, thermal plasters and finishings. Biomattone® and Natural Beton® allow high savings during construction and management arising from the under-sizing or total elimination of heating, cooling and humidity control equipments. Biomattone® and Natural Beton® are the first building materials with zero CO2 footprint in the construction sector. The vegetable component of the biocomposites is able to completely offset the CO2 emissions expected during their whole life cycle. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 500.000 to 1mln PATENTS No. 1 Italian patent pending filed on 22/07/15 with ref. no. 102015000036734 and title “Composizioni comprendenti microrganismi simbiotici, un processo per la loro produzione e loro uso nel campo edilizio” (compositions venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 129 of 211 comprehending symbiotic microorganisms, a process for their production and use in the construction sector). A mix of selected symbiotic microorganisms shows major improvements in compressive strenght, setting time and prevents emergence of mould. COPYRIGHT No. 5 registered trademarks: Equilibrium, Biomattone, Natural Beton, CNB Canabium, NLB Natural Lime Binder MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 15 B€ in EU by 2019 0,1% in Italy Direct competitors: - Calcecanpa, Italy ( a brand born from cooperation between three companies, i.e. La Banca della Calce srl, IVAS spa and Calce Piasco spa)- Hemp Eco Systems, Switzerland- Chanvribloc, FranceIndirect competitors:- Ytong- Wienerberger- Lecablocco COMPETITIVE ADVANTAGE - innovative business model- 5 years experience with biocomposites production, processing and construction- outsourced & scalable productionsales network built on long term partnerships- ownership of biocomposites spraying equipment- direct training for planners, designers & architectspatent pending & licencing strategy HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 100 FROM WHOM? venerdì 2 ottobre 2015 - Barbara Ceschi a Santa Croce is an angel investor and social entrepreneur. Previous experience as CEO in marketing and import/export between Italy and India.- Graziano Morganti is an angel investor and social entrepreneur. Previous experience as CEO of Kapriol Spa (production of tools for building) and Provincial Administration- Daniele Lombardo is an angel investor and member of the team since 2011. Previous experience in finance and marketing. www.innovationitaly.it/en/ Page 130 of 211 Macro-sector Manufactured goods Sector Building material COMPANY NAME Finiresearch Srl WEB SITE www.finiresearch.com REGION Lazio ACTIVITY CODE - Codice AT 52.23 - 72.19.09 DATE OF INCORPORATION 16/05/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Difference between life and death. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Small but excellent in what we do, our team is made up of people with expertise in engineering, business operation, and marketing. Everyone brings crucial input to the company and everyone is decision maker as well as best team member we can count on. YOUR VISION With the right partnership, we hope to launch our product and operate in Europe and worldwide in the next one to three years. YOUR MISSION Transportation infrastructure serves as lifeline for individual and the society as a whole. We aim to make safety a standard no matter on the ground or in the air. YOUR PROJECT We have developed an aircraft arresting system, also known as engineered material arresting system (EMAS) as a joint research program participated by Italian civil aviation authority (ENAC) and a major Italian civil airport. The system is a passive arresting system installed beyond runway threshold. It enables controlled deceleration of aircraft in case of overrun while ensuring safety of passengers and crews on board as well as structural integrity of the aircraft. It constitutes the alternative means of compliance for airports which have difficulty to meet the requirement of runway safety area published by respective civil aviation authorities. Furthermore, the technology can be applied to motorway as well.In the application to road transportation, the system is installed adjacent to the areas of motorway presenting geographical challenges with the capacity to safely capture a heavy duty vehicle in case of loss of control. Globally there is a multi-billion euro market for such safety system in airport sector. In additional to US and European markets, new market is emerging as well. With the recently implemented agressive regulation in China, a spike in market growth is expected in the next three to five years. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Patent n. 0001397955 (2013)Patent Pending n. RM2014A000647 (2014)Aircraft Arresting System: A safety system installed beyond the threshold of runway with the capacity to safely capture an aircraft in case of overrun within a significantly reduced distance.Vehicle Arresting System: A safety system installed adjacent to the areas of motorway presenting geographical challenges with the capacity to safely capture a heavy duty vehicle in case of loss of control. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 131 of 211 COPYRIGHT Finiresearch MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS billion We are ready to provide for the Worldwide market the most competitive selling policy. ESCO american company COMPETITIVE ADVANTAGE Product: Our technology provides significant improvement from both operational and maintenance aspects, thus saving our clients hundreds of thousands of Euro. Price: We are offering the most competitive pricing policy worldwide. A significant reduction in price is expected compared to our competitor. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 840 FROM WHOM? venerdì 2 ottobre 2015 Bank www.innovationitaly.it/en/ Page 132 of 211 Macro-sector Manufactured goods Sector Clothing and accessories COMPANY NAME Orange Fiber srl WEB SITE www.orangefiber.it REGION Trentino Alto Adige ACTIVITY CODE - Codice AT 13,1 DATE OF INCORPORATION 05/02/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Sustainable and vitamin-enriched textile from citrus waste, for conscious consumers. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM - Adriana Santanocito, 35 years, Founder. Fashion Product Manager, specializes in textiles fabrics and new technologies for sustainable fashion. She studied fashion design and collaborated withPolitecnico di Milano (dept. of material chemistry) to develop Orange Fiber process for celluloseextraction, its transformation into a textile and the nanotechnologies enrichment.- Enrica Arena, 27 years, co-founder, MA in Development Cooperation, postgrad in Communication for International Relations, specializes in marketing, sustainability, communication, events management and fundraising. She is in charge of project management, strategic communication andPR for Orange Fiber with a special focus on national and international keynote presentation, grant application and networking with the startup ecosystem.Full time consultant:- chemical engineer, specializes in industrial scale up, he coordinated the prototyping phase and isnow in charge of supervising the industrial plant optimization in Sicily- textile engineer, specializes in cellulose derivatives textiles, he coordinated the finishing of our yarnand textile, helping us also to find partners in our supply chain. YOUR VISION We want to establish a textile brand using the Ingredient Brand model, as Gore Tex or Lycra, focusing on sustainability and wellness. We decided to address cellulose derivatives textile market demand using a material derived from renewable sources. YOUR MISSION Develop process and products for innovative sustainable materials from biomass with a small carbon footprint. YOUR PROJECT Orange Fiber is a project born in 2012 with the aim of creating sustainable and vitamin-enriched fabrics from citrus waste. We implement innovation in term of active principles released on the skin and above all in the production, extracting cellulose apt to be yarned and used for fashion from citrus industrial waste. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We registered an Italian patent then extended in PCT for the production of textile from citrus products. COPYRIGHT We hold an European Patent for our brand, Orange Fiber. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 133 of 211 MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 8 mln € by 2020, 5% of TAM By 2016 we want to produce10 ton of citrus celluloseand sell 40.000 meters of textile, at an average price of 35€/m euro for a turnover of 1.400.000 €. By 2018 we aim at producing 150.000 meters of textile and sell for 25€/m with a turnover of 3.750.000 €. For the first years our main competitors are producers of nanotechnologies enriched cellulose textile. At present, other products on the market use chitosan and aloe vera and are positioned mainly in the underwear sector, the main european player is Lytess. In the future, we aim at becoming alternative to existing man-made fibers. Income and population growth are the major factors driving increases in textile consumption and it has been estimated that in thenext 5 years the per capita fiber consumption will grow around 2.5% p.a.The growth of total fibre demand and consumption could only be covered by man-made fibers, that are divided into synthetics (petroleum-based) and man-made fibers (mainly derivate from cellulose). Considering that certain properties of cellulosic fibers cannot be substituted by petroleum-based synthetics (Polyester, Polyacrylonitrile, Polyamide, Polypropylene and others), we decided to address cellulose derivatives textile market demand using a material derived from renewable sources – namely cellulose extracted by citrus pulp.Life-cycle analyses on cellulose fibers from wood showed that man-made cellulosic fibers have much smaller carbon footprint compared to cotton. For instance, for the production of man-made cellulosefibers no pesticides and synthetic fertilizers are needed and the water required for one kg of fiber – compared to cotton, is from 20 to 30 times less. COMPETITIVE ADVANTAGE Our process re-uses citrus pulp, which is an industrial products that is normally disposed or dried – in small quantities – for animal feeding, implying environmental and economical costs for the citrus transformation industry. Compared to cellulose fibers from wood, we don’t use tree grown for our purpose or land distracted from food cultivation, but we process non-food leftovers of that are not rival with human feeding.In Italy, every year, more that 1 million tons of citrus pulp is produced and has to be processed or disposed. At the world level, with Brazil, USA and Mexico as the top player in the citrus transformation industry, the leftovers production reaches more than 1,800,000 metric tons.Business Plan We want to establish a textile brand using the Ingredient Brand model, as Gore Tex or Lycra. We aim at positioning ourselves at the top of the value chain, selling the textile and develop more enrichments, thus controlling the whole supply chain. Our customers are textile companies and fashion brand. Our market is cellulose derivatives textile from renewable sources - Cosmetotextilesniche - to be sold to textile companies and fashion brand. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? >200.000 FROM WHOM? venerdì 2 ottobre 2015 We founded Orange Fiber s.r.l. in Italy in february 2014 and we established an headquarter in Sicily – Catania, and one in Rovereto – Trentino. Since our establishment, we have been funded by threeBusiness Angels and TrentinoSviluppo for more than 200.000 €. Thanks to these capital, we developed the first prototypes of our textile, obtened mixing together the exclusive yarn from citrus waste with silk, that we presented in Milan during the Vogue Fashion Night Out, on September 16th, 2014. In november 2014 we registered our trademark and since then we worked, together with sicilian juice producers and our team, to scale up our process to apply it at the industrial www.innovationitaly.it/en/ Page 134 of 211 level and createsynergies with other researches. In april 2015 we have performed our first industrial test and we are working hard to analyse the result and improve the process. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 135 of 211 Macro-sector Other services Sector Financial exchange systems COMPANY NAME CARBONSINK GROUP WEB SITE www.faircarbon.it REGION Liguria ACTIVITY CODE - Codice AT 72.19.09, 74.90.93 DATE OF INCORPORATION 07/05/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION The first Italian Carbon Credits marketplace. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Cofounders had the first inception about the potentiality of fair carbon credits during their studies or working experiences abroad. Andrea Maggiani mastered in economics with a thesis at SUNY (NY) on Carbon Credits; Dr. Vaglio PHD in Anthropological Science studied the impact on local population of carbon projects and is currently scientific advisor at Dhuram University (UK); Dr. Ferrini part of the Board of Directors of International Society of Arboriculture (ISA) and full professor at University of Florence studied intensively the effects of deforestation on climate change publishing more than 190 papers on the topic; Francesco Marino MBA at Dartmouth served as internal consultant for ENI understanding the impact of energy project in west Africa and south America; Riccardo Caliari founder of Cloros, successful company with the goal to develop solutions for energy efficiency in the industrial field.On the top of that CarbonSink enriched its strong and diverse team with 2 PHDs that are providing strong and sounded scientific knowledge. YOUR VISION We believe in the incredible power of connecting corporate targets with local needs. The execution of this goal is not an easy task. You might need on one side a corporate savior team, on the other scientist that understand the impact on local population and environment of the project, and strong connections with NGOs, suppliers and governmental bodies. CarbonSink has all of them in house! YOUR MISSION Our mission is to face climate change by providing sustainable strategies to reduce environmental impacts. We develop projects, which aim to reduce greenhouse gas emission and improve carbon stocks; hence, the name Carbon Sink. We collaborate with NGOs and local communities to support an ethical and sustainable development. Our projects range from forest preservation to energy efficiency and sustainable agriculture. We support companies to assess their carbon footprint and we provide them with high quality carbon credits, certified according to reliable international carbon standards. YOUR PROJECT The FAIR CARBON platform has been created to help choosing the best offsetting solution of business's or organization’s environmental impacts in a conscious and transparent way.By purchasing the Certified Carbon Credits we’ve carefully selected the customer can offset its greenhouse gas emissions and contribute to mitigate the climate change, generating at the same time a wide range of environmental, social, economic, health and biodiversity cobenefits.Its purchase will directly finance the development of projects and initiatives that CarbonSink implement in developing countries together with our partners, in a concrete and transparent manner. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 136 of 211 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS FAIR CARBON CREDITS enable businesses to compensate for their emissions, meet their carbon reduction goals and support the move to a low carbon economy and at the same time promote "climate equity" and social and economic benefits. By purchasing carbon credits to offset their emissions, businesses contribute essential finance to energy efficiency projects around the world. CO2 compensation and local content are among the most important targets of CSR around the globe. With fair carbon credits clients can get both! (Carbon credits are the results and warranty that the project has been executed accoring to international standards, this is the direct reflection of result based finance).The main characteristic of fair carbon credit is that the customers can reach two goals with one investments:● Compensation: promote their “green” business compensating CO2 emissions with the credits generated by the projects● Sustainability and local content: execute projects locally in developing countries with local partners getting an immediate and direct impact. COPYRIGHT FAIR CARBONThe first Italian Carbon Credits marketplace. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Voluntary demand for carbon offsets is valued at $4.4 Billion over the past decade – including $395 M newly contributed in 2014. The majority of this value (60%) is attributed to voluntary demand from private-sector actors. While motivations vary, private buyers commonly cite corporate social responsibility (CSR) or the desire to demonstrate climate leadership as their primary drivers for voluntary carbon finance. Yet even the most “purely voluntary” offset demand is often inextricably linked to the broader climate policy context Not defined at the moment. We are the first carbon credit selling platform in Italy so we don’t have competitors in our country. At a global scale we have the following competitors, members like us of the ICROA panel:BP Target NeutralCarbon ClearClimate FriendlyClimate Neutral GroupClimateCareCO2balanceEco ActFirst ClimateNexusOffsettersThe Carbon Neutral CompanyThe South Pole Group COMPETITIVE ADVANTAGE Carbon Sink as project developer can reduce the transaction cost (no bookers or intermediaries) and ensure that organizations could easily identify carbon offsets (web application) which had been thoroughly and independently audited to the highest standards available, and in doing so put their environmental integrity and credibility. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 250,00€ FROM WHOM? venerdì 2 ottobre 2015 Cloros Srl , Busines Partner and Shareholder www.innovationitaly.it/en/ Page 137 of 211 Macro-sector Other services Sector Financial exchange systems COMPANY NAME siamosoci srl WEB SITE www.siamosoci.com REGION Lombardia ACTIVITY CODE - Codice AT 70.22.09 DATE OF INCORPORATION 19/05/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION financial instrument for retail investing in startups safely and smartly (mainly through equity crowdfunding channel). PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PROTOTYPE DARIO GIUDICIFounder and Chairman. Expert in Financial markets and strategiesFRANCESCA GRASSISales and business development ALBERTO PERETTICFO, legal and compliance.SARA CERVELLERAMarketing, communicaton and social networkDOMENICO GENOVESEBusiness Analyst ANGELICA CATALANOBackofficeDAVIDE GHEZZIOrganization , internal process and ITGIUSEPPE GERBINOVisual designer and frontend developer YOUR VISION Sharing economy, P to P finance and crowdfunding will change and consistently widen in few years the startup and PMI funding opportunities (as far as equity and debt), opening an impressive new market (5,1 USD bn worldwide, according to the Massolution 2013 CF Crowdfunding Industry Report) YOUR MISSION Bring equity crowdfundig to success in Italy first (and in Europe then), helping startup companies funding at the earliest stage (seed - pre seed) by channeling a small part of the overall household savings. YOUR PROJECT Siamosoci aims to facilitate the investment of household savings in startup companies by eliminating the hurdles that up to now have been kept this opportunity unavailable to the retail market (business angels only have had access to these deals) through a new way of proposing the ‘equity crowdfunding’ instruments provided by Italian regulations.As everybody knows, equity crowdfunding as is currently implemented by competitors is not working at all.The drivers of our innovation are the following:1)Enhance quality of the deals through binding partnership with the relevant players in field (Incubatori certificati) who are charged of supply quality deals;2)Facilitate and make smart the investment experience of the retail investor by offering the opportunity of investing in a SPV that, once funded through the equity crowdfunding channel, will invest its equity capital in a wallet of quality deals supplied by its partners (see above). Advantages: no selection to do, no information to get, hedging of the investment. This is not just a business idea: some SPV have been already funded (as a private club deal), and we have many in pipeline.Siamosoci financial need is mainly for scaling the project from the private placement size to the mass market. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 138 of 211 PATENTS none COPYRIGHT SIAE registration - software for a marketplace / social network for startups and business angels MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 4,5 € bn (fonte Massolution 2013 CF Crowdfunding Industry Report) 0,02% starsupunicaseedequinvest COMPETITIVE ADVANTAGE -new disruptive model for implementing equity crowdfunding;-dealing with startups since inception (2011);-track record of facilitating startups fund raising;-skilled team with a specific know how in the relevant field. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? eur 1.000.000 FROM WHOM? venerdì 2 ottobre 2015 AZIMUT HOLDING SpAVia Cusani, 4 - 20121 Milano www.innovationitaly.it/en/ Page 139 of 211 Macro-sector Other services Sector Other services COMPANY NAME VEASYT srl WEB SITE live.veasyt.com // veasyt.com REGION Veneto ACTIVITY CODE - Codice AT 62.01.00, 74.30.00 DATE OF INCORPORATION 11/01/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE VEASYT Live! is the marketplace for video remote interpreting service. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM The VEASYT team presents a valuable integration of multidisciplinary expertise (linguistic, technical, managerial) necessary to drive the growth of the company in any of its strategical area. Moreover several key advisors guarantee significant support to the activities. In the near future the team wants to further enlarge in order to realize the market penetration, nationally first, internationally after. YOUR VISION VEASYT wants to help people to communicate in a better way to built a better world. YOUR MISSION VEASYT Live! breaks down communication barriers providing the best interpreters on any computers or mobile devices in a click. YOUR PROJECT VEASYT Live! is a professional video remote interpretation (VRI) service via the web from computer, tablet and smartphone, in 15 vocal languages and sign languages.Thanks to VEASYT Live!, anyone can have a professional interpreter available in any place, any field of interest and any language.VEASYT Live! allows customers to choose the interpreter that best suits their needs, selecting them on the basis of language, field of specialisation and the feedback received from other customers. The service adapts to a wide range of needs: business negotiations, international trade fairs, healthcare, municipal offices, tourist offices, hotel and touristic reception, and many others.VEASYT Live! can be used in two ways:- by appointment: with the opportunity to consult a wide database of interpreters and book one at least 24h in advance. Each interpreting slot adds up to 30, 60, 90 or 120min;- “instant” call: with no need to reserve the interpreter. Professionals in the required language are available within 3–5 min, calculating the service cost per minute.The professional interpreters work independently, videoconferencing from the comfort of their own home or office, choosing the days and times they are available. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS The company develops digital services; according to Italian legislation a patent application is not possible. VEASYT is a registered trademark. COPYRIGHT No copyright application. MARKET SEGMENT (ESTIMATED VALUE, EUR) venerdì 2 ottobre 2015 2 billion www.innovationitaly.it/en/ Page 140 of 211 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS The company expects to cover 0,25% of European market in one year, getting the opportunity to reach a 5M Euro turnover.1% share for a 20M Euro turnover in two years. Main competitors are:- large companies/agencies providing on-site interpreting service and over the phone interpretation. VEASYT Live! video remote interpreting experience is much better than the one over the phone thanks to the video experience. Moreover VEASYT guarantees an high level of professionals, pushing on quality;- recently a few American startups developed over the phone vocal services, such as VerbalizeIt and Babelverse. A video experiece is much better;- video remote interpreting services in sign languages for deaf people are active in a few American and European countries. Unlike VEASYT, these companies are focused only on the sign languages niche;- other potential competitors are automatic translation services like Skype Translator. This kind of systems will become more and more useful for conversations that don’t need high quality level of translation; otherwise VEASYT Live! wants to offer a professional tool for everyone who wants to do a step forward and enjoy a high quality interpreting service for various needs, i.e. business, healthcare, touristic. COMPETITIVE ADVANTAGE VEASYT guarantees an high quality selected professional interpreters to the customers in vocal and sign languages over the video, on computer, tablet and smartphone. By an appointment, with the opportunity to consult a wide database of interpreters and book one at least 24h in advance, or in an “instant” call, with no need to reserve the interpreter, calculating the service cost per minute.Plus, a total indipendence to the interpreters to manage their availability in the platform during the week.For both, VEASYT guarantees a continuos support for a professional growth of the interpreters, thanks to partnerships with important universities and education institutions (with online and onsite professional courses). HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 255 FROM WHOM? venerdì 2 ottobre 2015 VEASYT Live! is a digital service developed by VEASYT srl, a Ca' Foscari University of Venice spin-off born thanks to the knowledge of the University which develops innovative accessible digital solutions for the removal of communication barriers. The University provides about 40 languages in its courses (it is among the universities where you can study the most languages in the world) and the Department of Linguistics and Comparative Cultural Studies, which hosts the company, is the only one in Italy to provide training in Italian Sign Language (LIS) over a course of five years, exactly equalized to any other verbal language.In December 2013 VEASYT srl has gained 170.000 E in a first round investment from a business angel, Andrea Ghello (LinkedIn profile: https://it.linkedin.com/pub/andrea-ghello/a5/595/3a0), who belongs to Business Angel Network Veneto (BAN Veneto) and VeNetWork. The company raised up also 75.000 E thanks to public grants and 10.000 E winning UniCredit Start Lab competition. www.innovationitaly.it/en/ Page 141 of 211 Macro-sector Software Sector Software COMPANY NAME 2PAY IMEL Srl WEB SITE www.2pay.it REGION Veneto ACTIVITY CODE - Codice AT 641930 DATE OF INCORPORATION 04/09/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Instant payment system for smart-phone without transaction fees, not linked to the bank system or credit card system, useful to be alternative than standard systems.User friendly, easy spreading, provided with high security devices, linked to social networks where sharing their buying experiences and advertisement services for the users plus loyalty systems for the shops (cash back and social cashback). PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Our team consists of group of industry veterans with extensive experience in finance/banking industry, financial regulatory/compliance, operators of ethical finance, enterprise/mobile IT system development, web marketing and communication experts. YOUR VISION Every time we exchange our money, every time we re-use an object, every time we respond with a smile, every time we download an application on our smartphone, every moment that we live, we are determining what will be after. 2Pay is going to cause a different social model of payment processing. YOUR MISSION Create, after 3000 years of history, a truly cashless society through an equal system focusing on turning high fee into reward. Users will see their purchasing power increase through lower transaction cost and cashback upon purchase; merchant will benefit from marketing services offered to attract even more customers.Create an alternative payment system that make the smart-phone an alternative to a current account. YOUR PROJECT 2Pay looks at WhatsApp as strategic plan. WhatsApp offers the messaging service for free, paid until then.In his strategic plan 2Pay has decided to link his services to relevant institutional partners, with a significant distribution net, able to accelerate the product diffusion. The particular product nature and his appropriateness to avoid the expensive international found transfer costs, give to 2pay an international vocation, so we figure that in a 3-5 years we’ll be able to diffuse the product first in the EURO area, then in United States, Russia, India, China where 2pay has just applied for admission. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS 2Pay IMEL Srl is the financial intermediary of 2Pay group. The holding company is an innovative start up.2Pay is owner of the patent n. 0001413463 dated 06/09/2012 and of copyrights granted by SIAE on the related implementation softwares.The intellectual property rights refers to:- creation of an electronic money transfer system which is an alternative to the bank systems. Our system allows the transfer of money from a smart-phone to another smart-phone venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 142 of 211 instantaneously and without transaction fees;- use of the mobile phone number as IBAN of the prepaid card and identification code of the payment account. COPYRIGHT Copyrights regards a free application which, after downloaded to smart-phone, creates an IBAN of a prepaid card issued by 2Pay IMEL S.r.l. Its account number coincides the mobile phone number. Thanks to this innovation, the smartphone is set to transfer and receive money with immediate value date immediate and no transaction fees. In a similar way as whatsapp it allows you to send and receive messages. MARKET SEGMENT (ESTIMATED VALUE, EUR) 200 MLD dollars per year YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS WOW, UBIpay, Satispay, ApplePay, GooglePay and mobile payment systems. None of them, however, has the requirements and characteristics of 2Pay. COMPETITIVE ADVANTAGE 2Pay system removes the intermediaries from the financial transactions, which enables the virtually instantaneous transfer of funds and dramatically lower the fee charged for financial transactions. The mobile phone number is the IBAN of the prepaid card. The use of the mobile phone number as our prepaid card allow the initial payment to be made to anyone with a smart-phone. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 3 mln FROM WHOM? venerdì 2 ottobre 2015 Business Angels www.innovationitaly.it/en/ Page 143 of 211 Macro-sector Software Sector Software COMPANY NAME Antecs s.r.l. WEB SITE www.antecs.it REGION Lombardia ACTIVITY CODE - Codice AT 62.01.00 DATE OF INCORPORATION 23/09/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION TPIS : Trustable Product Information Services• Anticounterfeting• Safety&Quality• e-Pedegree• Consumer-awareness PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM • Founder with more than 30 years of ICT and Consulting Firms experience in major US International Companies (Digital, IBM, Earnst & Young, Arthur D. Little). Role: Strategic Advisor.• Co-Founder with 30 years in ICT, System Integration and Consulting companies (Unisys, KPMG Consulting). Role: CEO• Partner with more than 30 years of experience in Finance (major italian Banks)• Partner with 15 years of experience ICT and GS1 Laboratories (Director of RFiD Labs). Role: Senior Consultant.• Team of Business and Application Consultant• Software Analyst and Developers Team• Customer Caring Team YOUR VISION The maturity of Internet of Things paradigm enables the next revolutionary step in governing the Extended Supply Chain on a Global scale. Market and Public Institutions will reach new economic and social objectives based on control, transparency, cooperation along the Global Supply Chain. Market needs new operators supporting this evolution. YOUR MISSION Our mission is becoming a leader Operator which enables e-Collaboration among Global Supply Chain participants providing business applications thru an integrated service platform. Leveraging the Global GS1 Standard we serve all companies (sector and size) on a Global scale. YOUR PROJECT TPIS : from the prototype to a start of art operating system• Platform development completion that allows to use it in most industrial sectors, starting from Food and Healthcare secotors.• Implementing a reference Traceability System for Food Safety and Quality in accordance with emerging norms using EPCIS standard.• Implementing Serialization and Traceability Systems for Pharmaceutical and Medical Devices in accordance with the new regulations that are being imposed in many countries and have a strong lever for the adoption of new standards.• Consolidate the organizational aspects to become a reliable Outsoucer• Identifying and developing the Partnership to leverage for completing the Traceability objectives: Certification companies (for Good Manufacturing Practice), Universities and Research Institutions (for scientific coverage), network and computing service providers (covering Could Services). NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) from 500.000 to 1mln PATENTS Null venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 144 of 211 COPYRIGHT Null MARKET SEGMENT (ESTIMATED VALUE, EUR) 200 Billion€ YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS GS1 Germany (incomplete, EPCIS only)Axway (USA) (EPCIS only) COMPETITIVE ADVANTAGE Our TPIS platform integrates all features and function in a single architecture, including: EDI, Trade Document Exchange, EPCIS, Mobile Services (eCommerce document, data, event-capturing, mobile APPs for Consumer).Gartner Group nominated us CoolVendor 2015 for Supply Chain Services.Recognize the importance of Business Process Service Integration implemented in a single platform. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 450 FROM WHOM? venerdì 2 ottobre 2015 Private (personal) investor Mid-term loan from bank www.innovationitaly.it/en/ Page 145 of 211 Macro-sector Software Sector Software COMPANY NAME ARMNet SRL WEB SITE www.armnet.co REGION Sardegna ACTIVITY CODE - Codice AT 620909 DATE OF INCORPORATION 28/05/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED See the problem, solve the problem. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM We're an international team; one of the cofounders and current CTO is from Iran and the other one, the current CEO, is Italian. Our backgrounds are quite diverse. Simone Demelas (the CEO) is a Marine Biologist with a master in satellite remote sensing and GIS, Reza Paya (the CTO) is currently a student in software Engineer in Rome. YOUR VISION Our vision is to become an all in one application for the management of assistance tickets for any kind of service company (TELCOs, Energy and similar). This will become a reality because of the core of our software which is easily customizable for any request. YOUR MISSION To help our customers satisfy their customers by providing them with better service. This is possible because our product is a great help to field operators by giving better assistance in less time, reducing cost, and increasing the efficiency of the company. YOUR PROJECT ARMNet is a software as a service that allows, thanks to an augmented reality engine:- to see which elements of the network are around the field operators;- to see where the problem is (when an assistance ticket is open)to reach the problem in the shortest time- to know in advance all the info needed to solve it NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We don't have any patents at the moment COPYRIGHT We don't have any copyrights MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 1.000.000.000 10% of the European market share AUGVIEW is the only direct competitor - it is a New Zealand Startup that produces a mobile GIS connected to an augmented reality engine. COMPETITIVE ADVANTAGE Our product is directed at field operators and is focused on reducing the assistance time. It differs from AUGVIEW because AUGVIEW is targeted at Engineers and their projects. We differ from them because we're very easy to use, we don't need a long training time, and we don't need a proprietary device (just a normal commercial smartphone or tablet). venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 146 of 211 HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 115.000,00 FROM WHOM? venerdì 2 ottobre 2015 We received a 25K € from TIM#WCAP, and 90K € from TIM Ventures, we are currently in the TIM VENTURES portfolio www.innovationitaly.it/en/ Page 147 of 211 Macro-sector Software Sector Software COMPANY NAME Bad Seed SRL WEB SITE http://www.badseed.it/ REGION Lombardia ACTIVITY CODE - Codice AT 58,21 DATE OF INCORPORATION 14/01/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Video games aimed at gameplay and artistic innovation PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Bad Seed is a brand new start-up formed by a strong team of game industry veterans. After several years working on popular console titles at Ubisoft, Jacopo, Roberto and Clara left the Studios to build up a talented team of developers. The team has 4 coders, 2 designers and 3 artists with years of experience in the field. The perfect mix to create console quality video games for mobile. YOUR VISION We create enriching, meaningful and unique game experiences, across various platforms. YOUR MISSION We aim to establish a worldwide recognizable brand, based on the creation of enriching, meaningful and unique game experiences, across various platforms. YOUR PROJECT Worlds is a video game adventure about fairy tales and the power of words. In Worlds, the words of a story are literally the world in which it will take place. As each level starts, a zoom-in effect will bring the player from the view of a classic book page to a three dimensional environment. During this transition each word, each letter, transforms itself to become an active gameplay element, be that an alluring landscape, an odd building or a fearsome creature. This change is not only a graphic device aimed at creating a dreamy atmopshere, but a key gameplay feature, since the player will be able to interact with the transmogrified letters and words. He could burn them, twist them or recreate them anew. In this way he will change not only the game world but the game story, since its words would be different. While the game is, at is core, an adventure, the gameplay will shift accordingly to the story and touch different genres, such as platformer or hack’n’slash. However, there won’t be any pause in the action and the full experience will be perceived as a whole, single and fluid adventure. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS . COPYRIGHT Sheep Up!Sleep AttackThe Beggar's RideWorlds MARKET SEGMENT (ESTIMATED VALUE, EUR) 40 Billions YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 Our major competitors right now on mobile are console quality paid games like: www.innovationitaly.it/en/ Page 148 of 211 Leo's Fortune, Limbo, Monument Valley and the various Double Fine's adventures. COMPETITIVE ADVANTAGE We have years of experience in the videogames world. In fact the core team worked for year at Ubisoft on AAA console titles. We have been in the first wave of developers bringing console quality games to the mobile space, we created a strong fan base and a good relationship with the major mobile stores. Once established with our titles in the mobile space, we aim to enlarge our target market to new platform. In this way we aim to create a cross platform brand based on the creation of enriching, meaningful and unique game experiences. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 600 FROM WHOM? venerdì 2 ottobre 2015 United Ventures - One of the most relevant Italian Venture CapitalistFaceIt One of the most growing e-sports startup worldwideMindTheBridge - US investor bringing European startups in the Silicon ValleyGameFounders - First European accelerator program for gaming startup www.innovationitaly.it/en/ Page 149 of 211 Macro-sector Software Sector Advertisement COMPANY NAME Buzzoole WEB SITE www.buzzoole.com REGION Lombardia ACTIVITY CODE - Codice AT 7201 DATE OF INCORPORATION 02/09/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE the vertical tool to generate qualified, easy and fast WOM. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM The founders all have impressive backgrounds. Fabrizio Perrone, the CEO, is among the first in Italy to deal with the world of Buzz Marketing. He sold his first startup in 2013. Gennaro Varriale, our CTO Senior Web Developer, Hacker, is the first Italian to develop a Facebook app. Luca Pignataro, Art Director, worked since 1998 in web & graphic design and Luca Camillo, Developer/ Programmer and systems engineer has more than 10 years of experience. YOUR VISION become the google adwords of buzz marketing YOUR MISSION simplify digital PR world, by unifying the power of word of mouth and the easiness of displAY adv purchasing. YOUR PROJECT Buzzoole is the vertical tool to create and manage digital PR campaigns and generate fast, easy and high-quality word of mouth. Our technology saves up to 70% of the budget compared to traditional digital PR campaigns and our model is totally based on the performance. We just launched our beta version and started collaborating with over 150 international brands such as Danone, Redbull, Ferrero and Ford. In addition, thanks to Buzzoole Finder, we allow brands and agencies to search and find influencers by topic and location from over 2 billion of web profiles. We have been regarded by SAP as the most innovative startup in the domain of Big Data, Real Time and Predictive Analysis, and we were also rewarded by Intel for the ICT category at the European level. We just returned from San Francisco where we were selected among the eight best startups worldwide in ICT, IOT and Social innovation by Intel.here our video presentation https://www.youtube.com/watch?v=L7d97pYzSeo NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) from 1 mln to 2,5 mln PATENTS no COPYRIGHT no MARKET SEGMENT (ESTIMATED VALUE, EUR) 34B YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 mylikesadminglekloutinstabrand www.innovationitaly.it/en/ Page 150 of 211 COMPETITIVE ADVANTAGE positioning.Buzzoole has 3 types of competitors:1. Digital PR agencies, for example buzzparadise or Be On which are focused on a manual process involving only top influencers.2. Brands like Klout and Peerindex who have a comparable technology but a completely different business model based on consultancy approach and focus on matching top brands with top influencers.3. Brands like Mylkes who have a similar business model, but have no technology to choose specific publishers and also have a more aggressive approach as they pay cash to their influencers. Buzzoole is the unique product to have self-service model, targeting influencer technology and a friendly approach for agencies all together. The union of these factors gives us a unique position to break into the market. we want to create efficient buzz marketing campaign to be comparable with the traditional media perfomance and make buzz a recurrent investment HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 1,2M FROM WHOM? venerdì 2 ottobre 2015 r301 capitaldigital magicsexpert systemangel investors www.innovationitaly.it/en/ Page 151 of 211 Macro-sector Software Sector Software COMPANY NAME CATAPUSH SRL WEB SITE WWW.CATAPUSH.COM REGION Lombardia ACTIVITY CODE - Codice AT 62,01 DATE OF INCORPORATION 18/03/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED Simple reliable delivery API for transactional push notifications for websites/applications PRODUCT STAGE OF DEVELOPMENT YOUR TEAM PROTOTYPE CATAPUSH™ management team includes:- Stefano Quintarelli - Shareholder and Advisory Board MemberMember of Italian Parliament, President of the Steering Committee of Italy Digital Agency, Founder of i.Net led to IPO and sold to BT.- Luigi Orsi Carbone – President & CEOCofounder and former CEO of Skebby, Board member Italia Startup and previously of Mind the Bridge, Founder and CEO of Retelit led to IPO, Mckinsey Manager. - Davide Marrone – Vice President & CTOCofounder and former CTO of Skebby, Software architect & developer, IT security expert. MS in computer science.Catapush team launched Skebby SMS applications recently sold to Mobyt for €5M/20x ROI YOUR VISION YOUR MISSION CATAPUSH™ messaging aims to empower developers and companies, who already have a mobile app and active subscriber base, to send reliable, traceable and cost effective transactional push notifications adding important features to Android/iOS native push and scaling from one to millions of messages without changing a line of code. YOUR PROJECT CATAPUSH™ is a simple, reliable and scalable delivery API for transactional push notifications for websites and applications. Ideal for corporation sending data-driven transactional notifications including targeted e-commerce and personalized one-to-one messages. Thanks to delivery confirmation and real time status tracking of each message sent it is possible to build intelligent messaging logic in your app Since companies demand reliable and traceable push notifications to support transactions, services and business processes from their mobile apps, CATAPUSH™ allow any company to send reliable, traceable but also cost-effective instant messages via the internet to its target recipients i.e. the company’s app subscribers. Company can programmatically send and track push notifications in real time, building intelligent messaging logic in their mobile applications over the internet from one API.CATAPUSH™ overcomes the current state of the art of already existing push notifications systems. Basic push notifications (Apple APNs and Android GCM) do not work for reliable communication running a business process from a mobile app. IP network does not automatically support message queuing to ensure delivering even in dead zone. Catapush mobile platform push notifications even with mobile connection dropouts ensuring delivery of important messages and venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 152 of 211 receipts NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS CATAPUSH™ has not yet filed any patent application, but it has conducted a thorough prior art search, with the double purpose to exclude risks of infringement on the relevant market(s) and to identify so called “white-space opportunities” to eventually apply for one or more patents on its specific technology, once the architecture of the system is ultimately defined. COPYRIGHT At the current stage of development, CATAPUSH™’s core technology is based on libraries and software codes, whose main form of protection is represented by secrecy. The original code has been acquired by CATAPUSH™ based on a fully paid-up asset purchase agreement between Mobile Solution s.r.l. and CATAPUSH™ s.r.l. on April 7, 2015. With the same agreement, CATAPUSH™ has acquired the communitarian “CATAPUSH™” trademark (logo and name) for classes 9, 38, and 42 of the Nice Classification.In addition Catapush controls the following domain names: CATAPUSH.com, CATAPUSH.net, CATAPUSH.org, CATAPUSH.eu, CATAPUSH.it, CATAPUSH.ca, CATAPUSH.co.uk, CATAPUSH.de, CATAPUSH.es, CATAPUSH.in, CATAPUSH.fr, CATAPUSH.ru, CATAPUSH.cn. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS US $ 1BN 0,5% Urban Airship, Parse, Infobip COMPETITIVE ADVANTAGE Catapush is the only system that provides guaranteed and timely delivery of important push messages and delivery confirmation with real time status for each message sent. The existing push messaging platforms, built on basic push services provided by iOS/Android operating system are primarily designed for marketing/promotional purposes and do not work for reliable communication running a business process from a mobile app. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? €40,00 FROM WHOM? venerdì 2 ottobre 2015 Garden Ventures 2 Srl holding owed by Quintarelli http://stefanoquintarelli.tumblr.com/chi-sono www.innovationitaly.it/en/ Page 153 of 211 Macro-sector Software Sector Advertisement COMPANY NAME CheckBonus WEB SITE www.checkbonus.it REGION Lombardia ACTIVITY CODE - Codice AT 62,02 DATE OF INCORPORATION 01/07/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE The CheckBonus product (and project) is an app that allows to engage consumers instore thanks to the ibeacon technology and create a new interaction between the retail store and the end user. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM A small and very cohesive team that works very well together always combining hard work and passion in the hope of seeing the company grow well and fast. YOUR VISION Innovate and create a new marketing tool for the store to transform the shopping experience for the consumer. YOUR MISSION Grow and become the biggest app in the Italian retail world both for the company chains and for the end user. YOUR PROJECT The CheckBonus product (and project) is an app that allows to engage consumers instore thanks to the ibeacon technology and create a new interaction between the retail store and the end user. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS CheckBonus is a mobile reward program that rewards users while they shop in partners stores. Thanks to the ibeacon technology, CheckBonus is able to connect the user to the store and increase the instore communication. Various companies and brands are already working with CheckBonus. COPYRIGHT There are no copyrights. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 2 bilions euro (Italy) 0,05 T-frutta, Doveconviene. COMPETITIVE ADVANTAGE First in Italy to use the ibeacon technology. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 750 k euro FROM WHOM? venerdì 2 ottobre 2015 Serial Business Angels with extensive experience in retail and digital market. www.innovationitaly.it/en/ Page 154 of 211 Macro-sector Software Sector Software COMPANY NAME EveryRide Srl WEB SITE www.everyride.it REGION Lombardia ACTIVITY CODE - Codice AT N77.11 DATE OF INCORPORATION 06/10/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE eVeryride is the aggregator of all carsharing, bikesharing, scootersharing services. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM LORENZO POLENTES - CEOItalian Management Engineer, he gives all of himself working for what he believes in and, as he claims, "eVeryride is the future."NICCOLO' SEMENZATO - Ideas Generator & Responsible for VASItaloAmerican out of the box idea and solution generator but analytical at the same time, flexible and spontaneous.GIANNI REKHOPF - Designer & Brand ManagerItalo-German, creative, diligent and precise at the same time.MATTEO VISIN - CTOItalian Computer Engineer , he's been developing since he was 13 years old and won several awards in competitions between startups. YOUR VISION Cities where private cars are not allowed to transit; cities where public transport, taxi and ridesharing solutions are so well integrated together to benefit citizens of a huge flexibility, without lacking in efficiency; cities populated by smart citizens, actively contributing to a sustainable living, for a better world. YOUR MISSION Our mission is to favourite it, creating a unique aggregator of all ridesharing services worldwide: a tool that’s fast, simple-to-use and with a consolidated user experience that allows users to estimate costs and time and give the opportunity of sharing rides with others, wherever they are. YOUR PROJECT In the last few years major European countries have seen the introduction of carsharing, bikesharing and scootersharing services. Some of the most important effects are the decrease in CO2 emissions, traffic and parking optimization... On the other hand, while big cities like Milan are seeing the birth of new services by the day, there is a lack of a centralized coordinated tool that could help citizens to fully benefit from the synergies that could be created among service users. eVeryride is a multiplatform application for iOS, Android and WP; it permits users to quickly check all available sharing mode vehicles in a city of interest, compare all available alternatives and directly book them. The application is also provided with a lot of different additional services such as pop up notifications that tell the user when the first available car parks in an area of interest, or cost and time to destination estimation. At the same time, eVeryride also offers the opportunity of booking a taxi directly from the application. In the near future eVeryride will expand internationally and will be upgraded with a series of innovative services that will enhance user’s experience and will make urban travel even more efficient. NUMBER OF EMPLOYEES up to 10 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 155 of 211 TURNOVER (EUR) up to 250.000 PATENTS There are no patents. Only 2 registered trademarks: -the text “EVERYRIDE”;eVeryride’s logo COPYRIGHT There are no patents. Only 2 registered trademarks: -the text “EVERYRIDE”;eVeryride’s logo MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS During the last 12 months, the Italian carsharing market alone generated 2 million euro in revenues. Estimated size by 2020 will be of 300 million euro (with a total of 1.5 million users and 15.000 vehicles). The same figures at a global level are estimated to reach 6.2 billion euro, with more than 12 million users: all this without taking peer2peer carsharing services into account. Currently covering only Italy and Germany, the complete picture would see eVeryride as the unique worldwide ridesharing aggregator app. This would be possible thanks to international agreements between eVeryride and the service providers that would let users subscribe to all (or specific bundles of) services at the same time, paying a specific fee, but with a single click instead of N subscription modules. With a single consolidated customer experience, eVeryride’s users would be able to book any vehicle wherever they are. We are defining agreements with Spanish, French and Portuguese operators already. For this reason, in one year from now eVeryride will be covering all ridesharing services active in Italy, Germany, Spain, France, Portugal, Great Britain, Canada, USA. Users today are forced to use N different applications to use N different services, don’t know most of the times all the alternative solutions, have no way of easily comparing the costs of those solutions and cannot share rides with other random users. eVeryride brings all services on the same platform, provides users with user-friendly tools to estimate costs and time and will in the near future give the opportunity of sharing rides with other users to split costs (for short distances).Similar solutions are offered by Carsh and Batsharing in Italy (which unlike eVeryride have no relationship with the ridesharing companies), and by Carjump and Mobility Map in Germany (both could expand to Italy). Trip planner apps may consider entering within the ridesharing market to complete their propositions: Allryder, Transit, City Mapper, and Moovit are potential competitors in this sense. Uber, Lyft, Google and Apple could also enter the market with unpredictable impacts. For what concerns the single sharing services, we don’t see them as harmful competitors (even considering Moovel future strategy). In each case, it is fundamental to build and maintain strong collaboration relationships with the ridesharing providers in order to reduce the risk tied to the dependency on their services (to limit their power as providers of eVeryride), while constructing revenue models that do not only depend on the relationship with the providers (to limit their role as customers of eVeryride). This is what we are aiming at, and that is what mostly differentiates eVeryride from the competitors: while in good terms with all ridesharing service providers in Italy, in fact, we already have agreements with most of them, even of exclusivity (which we are going to enforce in September ‘15, making eVeryride the unique Italian carsharing aggregator presenting all services). COMPETITIVE ADVANTAGE Our competitive advantage is precisely related to the relations we have with the providers, strong enough to give us the capability to receive even signed-up exclusivity contracts. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 156 of 211 HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 FROM WHOM? venerdì 2 ottobre 2015 There are no external investors involved at the moment. www.innovationitaly.it/en/ Page 157 of 211 Macro-sector Software Sector Software COMPANY NAME GaiaG WEB SITE www.gaiagsat.eu; www.eumetfast.eu; www.vintage-project.eu REGION Lombardia ACTIVITY CODE - Codice AT J-62.01 DATE OF INCORPORATION 28/11/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION real time web Decision Support system by remote sensed sensors. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Compiled language and open source approach for image understanding, artificial intelligence, three-dimensional structures analysis, machine learning algorithms, non linear clustering for satellite image processing and encoding/transcoding satellite raw data. The company skill is the production of software able to facilitate the management of satellite data, improve it’s utilization in the precision agriculture, environmental monitoring and security sectors, introduce the exploitation of satellite data in news sectors integrating them in complex Decision Support System of Systems (DSSS) and Decision Making System of Systems (DMSS). YOUR VISION Gaiag’s aim is the diffusion of remote sensing culture and the extension of utilisation and exploitation to stakeholders with any satellite know how, in order to enable them to reach the future opportunities due to the more and more quantity, higher and higher quality and accessibility of satellite data given by ESA (European Space Agency) and EUMETSAT (European Organisation for the Exploitation of Meteorological Satellites). YOUR MISSION Gaiag wants to be at the frontier of remote sensing sector developing fully automated applications able to facilitate spaceborne, airborne and ground sensors technologies exploitation in different ground sector in order to enable any kind of end-users to take more effective decisions in real time. YOUR PROJECT 2012-2015: 5 European research centers are funded with 2.3 Meuro by Europe FP7 pre-industrial research project to bring to market decision support system for precision viticulture VINTAGE conceive by GaiaG. After 3 years, in February 2015, the project ends and GaiaG become the sole owner of the system.20112015: while the 5 research centers working on VINTAGE, GaiaG develops web services World Watch to process in near real-time ESA and NASA environmental satellite data.2015: GaiaG combines the foreground of three years of VINTAGE R&D with his 5 years background in remote sensing application, than finalize on the market two web services without direct competitors in the world: VINTAGE and World Watch.VINTAGE: system for daily monitoring of the field accessible via web interface initialized by satellite data (ESA and NASA) and ground sensors data. Integrates artificial intelligence, advanced agro-weather modeling, adaptable to the interventions of the field by farmes (field book) and provided with mobile version to insert ACTION in the system.http://www.vintage-project.eu/World Watch: monitoring system from the interest of the customer in real-time of more than 50 environmental variables. Fully automatic and based on satellite data ESA and NASA. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 158 of 211 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS 0 COPYRIGHT 0 MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 3.000.000 10% no direct competitors indirect competitors:- provider of precision farming services- European Space Agency COMPETITIVE ADVANTAGE easy accessibility of servicesperformanceuniqueness of the web services and products HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 2.700.000 FROM WHOM? venerdì 2 ottobre 2015 not external investors but public funding (European commission - 2.3 Meuro, national and regional funding) www.innovationitaly.it/en/ Page 159 of 211 Macro-sector Software Sector Software COMPANY NAME GROWISH S.r.l. WEB SITE www.growish.com REGION Lombardia ACTIVITY CODE - Codice AT 70.22.09 DATE OF INCORPORATION 27/12/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Collect money from friends and family for anything you wish of doing PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Claudio Cubito (47), CEO & Co-FounderMBA | Ex-MD multinational chemical company, Music editor & journalistFounder EMP Italia, E-commerce rock €7,5m+ , 150k+ customers.NLP Coach and & Senior trainer Scotwork Negotiating SkillsDomingo Sarmiento Lupo (27), Co-founder, CTOEngineer, software developer & system analyst. Expert in digital management and R&D. Born in Venezuela.Lorenzo Colombini (Back-end Dev)Simone Stanco (Frontend Dev)Caterina Pancotti (Sales & ListaNozze resp.)Miriam Bastia (Digital Marketing strategist) YOUR VISION To be the leading collective payment service in Italy and in Europe for collecting money from friends and family for anything you wish of doing or receiving.Online / Offline integration. Can get money collected online on your bank account or spend it with a network of online / offline partners. YOUR MISSION To make collective payment easy and safe. No more hassle in collecting money. Get the money from friend and family for any thing you wish of doing. YOUR PROJECT Growish is the first Italian collective payment service allowing people to collect money from friends and family for anything you wish of doingFriends, relatives and colleagues living in different areas are now able to share the cost of anything by contributing with others in any occasion (Christmas, birthdays, weddings, graduations, newborns, anniversaries, travels, and so on). Thanks to its innovative group payment system, collecting money with Growish is fast, easy and safe.Start collecting, invite other participants via e-mail or Facebook, monitor your collection. Then you can transfer the money collected to your bank account or choose a gift from more than 100 giftcards of major brands.Partnership are developing with several e-commerce websites to add the button “Pay with Growish” bottom and to add a gift list service on their website, to allow customers to buy by group.Recently, Growish launched ListaNozzeOnline.com, a collective payment service for wedding, to allow bride and groom to collect the value of the gifts to financially support their wedding. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS No patent COPYRIGHT No copyright MARKET SEGMENT (ESTIMATED VALUE, EUR) venerdì 2 ottobre 2015 1BILLION EURO TRANSACTIONS in Italy www.innovationitaly.it/en/ Page 160 of 211 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 20MIL EURO From France, but not in Italy: www.Leetchi.comFrom Spain, but in Italy: www.zankyou.comFrom USA, but not In Europe: www.paybygroup.comFrom France: www.Buybox.comMinor in Italy: www.giftsitter.com, www.given2.com. www.squeezol.com COMPETITIVE ADVANTAGE First mover in ItalyPartnership networkMedia & partner relations thanks to Digital Magics HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 500000 FROM WHOM? venerdì 2 ottobre 2015 Digital Magics Venture IncubatorsR301 InvestmentNader Sabbaghian, CEO BravoSolution (+100M), McKinseyAlessandro Rivetti, Serial digital entrepreneur & angel Founder, Bakeka.itAnna Maria Siccardi, Bakeka.it shareholder and founder of Retedeldono.it www.innovationitaly.it/en/ Page 161 of 211 Macro-sector Software Sector Software COMPANY NAME GV Mobile Partners Ltd WEB SITE http://www.gvmobilepartners.com REGION Lombardia ACTIVITY CODE - Codice AT 73.11.02 DATE OF INCORPORATION 26/09/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Hi-code, the Speaking QR-code PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM CEO & CTO: Gianluca Vitali, MBA, 18 years of experience as software developer and project manager in software & mobile marketsCFO: Ruben Bergonzi: 18 years of experience as financial manager in international companies CMO: Lisanna Oddone: 14 years of experience in marketing and sales manager in IT companies YOUR VISION In the digital world there are millions of web sites and billion of products browsed every day. Advertise your web site is not enough for reaching new customers today so Hi-Code, based on a large analysis of users behavior, built and delivered a new platform for mobile marketing campaigns. YOUR MISSION Hi-Code gives the opportunity to create internet advertisements with no special technical knowledge and without having to deal with large investments. Hi-Code wants to allow any person to understand advertising contents by the naked eyes and to allow them get only the information they are really interested in. YOUR PROJECT Here a brief video presentation: http://youtu.be/yPgunLRIGCsHi-code can contain Pictures, Text, Videos and 3D Objects. It can be printed on any physical material (paper, plastic, metal, cloth, ...) and on any virtual support (internet web site, television, multimedia advertising billboard, ...). Hi-code is an image that can be scanned with a smartphone camera in order to get any kind of information. Users who scanned hi-codes can be recontacted via push notification by companies and information can be personalized for each single user.Hi-code can be scanned with the Free Hi-code App or with any third party APP by integrating the Hi-code reader.Hi-code can be used in any sector and any kind of information can be provided to the user. Hi-code can be used for:- Showing a web site, a video, a promotion, a coupon ... Different information can be displayed according to geographical area, timeframe and user's language- Showing product's information and buying it just scanning it- Making a payment, a donation or a voting- Providing product anticounterfeit and traceability- Involving the user in an instant win contest, in a competition with a prize draw- Any other custom action … NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS Graphical Code PCT (Patent Cooperation Treaty) filed to WIPO organization.Current status: Worldwide Patent Pending. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 162 of 211 COPYRIGHT Hi-code, the Speaking QR-code MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS €23.9 Billion 0,01% QR-code is the main competitor. Companies currently working with QR-codes may become our customers as soon as they will understand that Hi-code is an evolution of the current technology it can generate revenues for them too. COMPETITIVE ADVANTAGE Hi-code is a cool innovation, it’s attractive and it stimulates customers’ curiosity. Hi-code is not an idea but a product. We own its intellectual property: Hi-code is Worldwide Patent Pending and the Trademark is registered as well. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? €150,00 FROM WHOM? venerdì 2 ottobre 2015 Matteo Pepe, entrepreneurGiovanni Tulipano, entrepreneur www.innovationitaly.it/en/ Page 163 of 211 Macro-sector Software Sector Software COMPANY NAME INDIEGALA s.r.l. WEB SITE www.indiegala.com REGION Lazio ACTIVITY CODE - Codice AT 47.91.1 DATE OF INCORPORATION 02/12/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION solid and affordable digital distribution platform PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM highly motivated and competent staff YOUR VISION Our aim is to make outstanding PC games available at prices that every gamer can afford. At same time we aim to develop solid and profitable PC and console games. YOUR MISSION Expand and become the leader in PC digital distribution european market as long as one of the leading independend game developent studio YOUR PROJECT - widening of consumer userbase- strengthening of the distribution networkincrease the number of commercial games in development NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) from 1 mln to 2,5 mln PATENTS 0 COPYRIGHT BLOCKSTORM TM - MULTIPLAYER PC VIDEOGAME MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 100.000.000 5% -VALVE CORPORATION-GREENMANGAMING.COM-HUMBLEBUNDLE.COMBUNDLESTARS.COM COMPETITIVE ADVANTAGE -Proprietary e.commerce software;-more services for users;-lower production costs; HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 FROM WHOM? venerdì 2 ottobre 2015 - www.innovationitaly.it/en/ Page 164 of 211 Macro-sector Software Sector Software COMPANY NAME INVENTIA SRL WEB SITE WWW.INVENTIA.BIZ REGION Lombardia ACTIVITY CODE - Codice AT 62,02 DATE OF INCORPORATION 02/07/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Our product is an advanced video communication system PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Inventia team is composed of 18 people. the hearth of Inventia is Inventia factory, the team dedicated to the software and hardware development and is composed of designers, engineers an software developments. In addition there is a commercial team made of four people and two administrative resources. YOUR VISION Inventia is a B2B company, the vision is to give clients the possibility of manage a coherent customer experience in any digital channel, available to manage with the same level of service any request from the final customer, (e.g. opening a bank account) YOUR MISSION Provide a complete set of touch point solutions for any client (websites widget, mobile app sdk, and kiosk and video station to increase the number of touch point of any company. YOUR PROJECT Our project, based on an advanced video communication system makes an human interaction available on any touch point in order to incrase the number of touch point availabe, the customer experience, the conversions and the number of services deliverable in a digital channel.Any process can be implemented in a cross channel way, meaning an operations can be started in a touch point and can be ended in a different end point in a different moment NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) from 500.000 to 1mln PATENTS NONE COPYRIGHT INVENTIA.CONNECT-V.2.0.1.4SIAE NUM 009704 DEL 04 JUNE 2015 MARKET SEGMENT (ESTIMATED VALUE, EUR) 4 bn euro YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Digital Signage Ecosystem,Video Communication and Telepresence Solutions,Video Assistance SW,ATM/KIOSK Manufacturer, COMPETITIVE ADVANTAGE Inventia is the only omnichannel video customer engagement solution, able to recreate a real human to human interaction in any digital touch point and dedicated Kiosk or Video Station.Any company involved in service retail can take advantage of Inventia Solution to expand the services deliverable in digital channel and to improve conversions in already available services. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 165 of 211 HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 750.000 (eur) FROM WHOM? venerdì 2 ottobre 2015 IAG, Itailian Angel for Growth (http://www.italianangels.net/2015/04/02/inventia/) and other private investors www.innovationitaly.it/en/ Page 166 of 211 Macro-sector Software Sector Software COMPANY NAME Jusp S.P.A. WEB SITE www.jusp.com REGION Sardegna ACTIVITY CODE - Codice AT 72,1 DATE OF INCORPORATION 11/09/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION Innovative end-to-end mobile payment solution and VAS for Mid and Large Companies. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Jusp Team is composed of young and talented executives and technologists. The founder, Jacopo Vanetti is expert in software development and data encryption. Jacopo is complemented by a strong group of managers and angel investors with experience in financial services and payment processing, telco distribution and have an extensive network of business contacts in Italy and other EU countries. The CEO is Stefano Calderano, who has over 20 years of experience in the retail banking industry having held senior positions at Mckinsey & Co., BancoPosta, Banca Intesa and BNL-BNP Paribas. The JUSP team also includes Bruno Spadoni, former CEO of Setefi S.p.A. which provides electronic payments services, card issuing s and acquiring. JUSP CFO Paolo Martinelli was previously with KPMG and Societe Generale. Marcello Base is a JUSP board member and advises on corporate strategy, Marcello was formerly at Procter & Gamble. YOUR VISION Jusp wants to become a leading mobile commerce service provider helping mid and large companies to maximize revenues and reduce costs increasing their overall satisfactions connected to card payments. Jusp focus is on the user experience during the payment acceptance, it must become frictionless and ubiquitous. YOUR MISSION Jusp has realised a complete solution to allow merchants of all sizes to improve their mobile commerce effectiveness creating value added services around payment transactions and collected data. YOUR PROJECT JUSP main project has been built around the concept to be and independent Payment Service Provider that controls all the key elements from hardware (mPOS terminal) and software point of view and it is expected to become a Payment Institution authorized by Banca d’Italia by 2016.JUSP has designed, developed and engineered its own mPOS device (JUSP J101).JUSP mPOS J101 device is unique on the market. Today is the world's smallest mPOS device that handles the Chip & PIN secure payments with a PIN pad and a screen entirely developed and produced by JUSP.JUSP mPOS J101 is the only device on the market that enables acceptance of electronic payments using the Chip & PIN functionality via the audio jack channel. This extends its compatibility with any portable device (e.g. smartphone, tablet, PC) and, potentially, any Operating System.JUSP mPOS devices are managed by JUSP Terminal Management System, which implement also POS gateway functionality toward Acquirer’s existing infrastructure. JUSP payment application is available for any kind of device (smartphone, tablet, PC) and is the only one in the world to also venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 167 of 211 connects with Pcs. All the operating systems (Android, iOS, Windows Phone and for PC Windows 8, 7 and others) are covered for full compatibility and maximum flexibility.JUSP offering include a Marketing Analytics Portal providing:• Web Merchant Onboarding • Web Merchant (Self-care) Portal• Payments Data management• Value-Added Services management JUSP MAP is an infrastructure that enables clients to increase commercial effectiveness by combining historical payment transaction data and marketing tools for campaign management via SMS or email to final users that already purchased merchant’s product and also loyalty program management. JUSP MAP includes product catalogue creation tools, enabling small business to have in few steps a Point of Sale Software for her activity.All the services can be accessed via Web from merchants or corporate administrators. The core part of JUSP service engine is also open via web services via JUSP back-end API.APIs are available not only for all Mobile Operating Systems, but also for Web Browser and Windows native applications, which were instrumental in gaining important large corporate customers (e.g. Axa, Groupama, Ergo insurance, ITAS insurance, Ariston Thermo, IBL Banca among them) for several thousands devices to be deployed to their remote people. NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) up to 250.000 PATENTS One International patent. The object of the patent is a method of communication for managing credit or debit EMV chip cards payments through audio channel between a mobile POS terminal and a smartphone/tablet.For the method of communication, the patent covers the following:Communication management between mobile POS terminal and a smartphone/tablet via audio channel;-transaction amount entering via card reader keypad and displaying it on card reader display-PIN code entering via card reader keypad-Transaction data management, including transaction amount and PIN code using data packets transmitted with FSK (Frequency-shift keying) frequency modulation scheme.Concerning the mobile POS card reader the patent covers:-EMV chip cards reader module-User interface module for entering PIN code and transaction amount, -Displaying of transaction amount-Transaction data management module to transmit transaction amount and PIN code using data packets using FSK (Frequency-shift keying) frequency modulation scheme via audio channel.-Processor Unit module, located in tamper proof zone, to handle the above transaction data and to manage communication over secure connection to a centralized system-Encryption module for transaction data encoding/decoding. COPYRIGHT JUSP is evaluating to protect its IP on own SW product and documentation generated by company. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 30 Billion € We expect to reach about 0,5% of the number od POS devices in Italy in 2015, a small but significant share. Since the business model works on the subscription paid by clients every month, there is a cumulative effect that drives very important growth in the first years. In 2016 this number could grow to around 3% Competitors in mobile commerce arena can be split in two main groups, but in many cases the business model and the market segments are different than JUSP ones.New startup players in Europe: Payleven, Sumup, iZettle. They all focus only on micromerchants and not on mid and large www.innovationitaly.it/en/ Page 168 of 211 companies.Incumbents leveraging traditional POS business: commercial banks, especially Intesa Sanpaolo, also focusing on micromerchants to avoid cannibalisation. COMPETITIVE ADVANTAGE Depending on the segment.• Large corporate: our key competitive advantage is the proprietary API to integrate all kind of applications, not only based on mobile operating systems (iOS, Android and Windows Phone), but also with Web Browser applications and Windows native applications, which are still the majority in the large corporate world.• Mid retailers: our key competitive advantage ist he Value added services we provide to our merchants through our portal M.A.P. (Marketing Analytics Portal), in particular the marketing suite to reach current customers through transaction data. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) more than 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 4.0 M Euro FROM WHOM? venerdì 2 ottobre 2015 Principia SGR (Venture Capital)Vertis SGR (Venture Capital)They are two Italian VC funds.Several Angel Investor, between them Stefano Calderano (also CEO) and Giulio Valiante (Buongiorno, Jobrapido) www.innovationitaly.it/en/ Page 169 of 211 Macro-sector Software Sector Software COMPANY NAME JUST FUNNY GAMES S.R.L. WEB SITE www.justfunnygames.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 620100 DATE OF INCORPORATION 13/10/2009 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION “Captain Kirk Simulator” in Virtual Reality featuring a movie's length! PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM The core team is composed by veterans in the gaming industry with almost 15 years of experience and is composed by management, product manager, developers, game designers, graphical artists and sound designers. We can cover all the possible stages of game development. We work in synergy with several professional figures and studios located in Italy and in Europe. We are capable of easily scale up and complete even the most ambitious tasks. We built a consolidated network of professional experiences in Videogame industry and we love to share our creativity, flair and "Italian Passion" to bring a value added in all our products. YOUR VISION Scale up to finance the production of our major IPs in order to increase our presence in the B2C market. Our vision for the company is to produce 3 major titles in 2 years for the worldwide Gaming Market and up to 5 minor titles. YOUR MISSION To create an entertainment experience that involves the whole world, no matter where users play, it matters how satisfied they are! Our Mission is to produce an original videogame saga that can target a large market niche and scale up the market as owners of very profitable IPs. YOUR PROJECT We have worked with 2 business models in the first years, B2B professional services and B2C production of our own IPs. Working for some major customers on B2B, allowed us to consolidate the team experience and to study the Mobile and Console markets. Now we think that is the time to make a step to grow on the B2C market and we have designed our IPs to cover the major part of the Gaming market niches. On top of this vision there is a special product made for Virtual Reality Devices. The Product name is "Commander", and it is a story driven videogame that puts you on the captain’s seat of a space battleship. We specially designed Commander for the VR, very scalable with a huge potential in terms of user base and early adopters for VR technology. The product can be available both for PC (Oculus) and Sony Playstation 4 (Project Morpheus). To summarize, our project for the Company is to use the funds at our disposal to scale up the team and produce our major IPs starting from Commander that can be released in one year of development. This time window will be particularly good to become a best seller for the VR platforms; we truly believe that! NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 250.000 to 500.000 PATENTS NONE venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 170 of 211 COPYRIGHT We own 10 Intellectual Properties: 3 published games, 1 PC game in development, 6 prototypes IPs for several gaming platforms. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 80 Billion EUR 750.000 EUR B2B: Small independent studios that provide professional services for gaming and app development. B2C: Small Game Developing Independent studios. COMPETITIVE ADVANTAGE Ability to scale from Mobile projects to Console projects, both in terms of technology (Java, Objective-C to C ++) both in terms of production capacity through a networks of companies already consolidated. Among the competitive advantages should be mentioned the creativity and the relationship that is in development with Sony for the virtual reality project: “Commander” designed for Morpheus hardware. To date JFG is one of the few Italian companies having planned and invested in immersive mobile games (SBK15 on Samsung Gear VR) and console, liaising directly with the manufacturers. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 EUR FROM WHOM? venerdì 2 ottobre 2015 NONE www.innovationitaly.it/en/ Page 171 of 211 Macro-sector Software Sector Software COMPANY NAME Keganzo S.r.l. WEB SITE http://www.keganzo.com REGION Lazio ACTIVITY CODE - Codice AT 62.01 - produzione di software non connesso all'edizione DATE OF INCORPORATION 30/03/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE SHADO protects your privacy when you share messages and files. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Our core team (Perla Pugi [https://www.linkedin.com/in/perlapugi], Giuliano Pistolesi [https://www.linkedin.com/in/giulianopistolesi], Mario Paolucci [https://www.linkedin.com/in/mariopaolucci], Massimiliano Basciano [https://www.linkedin.com/in/massimilianobasciano] e Alessandra Lucanto [https://www.linkedin.com/pub/alessandra-lucanto/5a/875/959]) is very small and our members cover multiple roles simultaneously thanks to their multidisciplinary background. The strange mix of gaming, cognitive and AI systems development and artistic skills make our team able to redefine conceptual design of mobile applications, as it is quite evident in the instant messaging Android app SHADO [https://play.google.com/store/apps/details?id=com.keganzo.shado.client.app& hl=en], our first product, very representative of the visually catching mix of technology and design we are able to create. YOUR VISION We aim at creating kickass apps for the Android users. YOUR MISSION We are really mad about Android and we are always in quest of intriguing ideas to make them real by bits and bitmaps. YOUR PROJECT Following recent scandals about foreign government agencies wiretapping internet users’ communications or social networks with a very light or no privacy protection of users data, most of the today’s instant messaging users are strongly demanding for privacy and confidentiality of their personal data and conversations.SHADO by Keganzo is a new free secure instant messaging app for the Android market that protects both conversations and the users’ privacy. The app strongly encrypts messages and files sent over Internet through a new open perfect forward secrecy protocol (http://www.keganzo.com/shado-encryption-protocol.html). Moreover, messages and files can be destroyed after a timeout established by the user. SHADO provides protection and confidentiality better than similar apps like Telegram and Whatsapp. First, it does not read a user phone book and allows users to customize a big set of security settings for their messaging and file sharing. Further, files are not stored in smartphones’ public directories protecting the user against malicious third-party apps that steal personal data. Finally, if the smartphone wakes up from stand-by, the screen is encrypted so that only authorized users can read messages and files shared. Thus a user can share confidential information without risks to be wiretapped. NUMBER OF EMPLOYEES up to 10 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 172 of 211 TURNOVER (EUR) up to 250.000 PATENTS Multi-platform, client-server distributed system for multi-player videogame, and method of simulation of lifelike virtual character for videogame usable with such system (Italian Patent n. 1379011 released on 14/02/2007).The invention concerns the implementation of a cloud gaming technology for sharing virtual worlds among thousands of players connected by different devices. Those worlds are inhabited by characters whose AI make them able to engage players in the real world for virtual challenges. Players can influence the evolution of those virtual worlds by taking actions in the real one. Those pervasive features makes massive multiplayer online gaming more engaging for players. COPYRIGHT Our cutting-edge brand-new SHADO encryption protocol for instant messaging is licensed under Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 € 1,25 billion Mobile instant messaging apps are the fastest-growing app category worlwide and the estimated revenue worlwide will peak at about $ 240 billion by 2015 (surce: Portio Research). Instant messaging apps both will account for 75% of the total traffic and will generate 2% of the entire revenue, at just over $ 3 billion, for mobile messaging market by 2018 (source: Juniper Research). Despite this growth, privacy management is a big issue: 66% of mobile apps disclose to third-party personal data of their users (source: HP).Since age under 25 accounts for about 30% instant messaging app users on average since 2013 (source: Informate Mobile Intelligence, GlobalWebIndex, IPG Media Lab), it is quite evident that young people are the most exposed and interested protect against privacy and security threats (source: IPG Media Lab).Within this market frame, Android remain the leader for mobile OSs market share in 2015 (78% on smartphones and 52% on tablets; source: mobiForge) yet the less secure (4x annual increasing of malware and malicious apps; source: IBM, McAfee). Avast predicts mobile threats will reach the same magnitude as PC malware by 2018.Our TAM is Android apps, worthing about $ 7 billion (source: New York Times).Our SAM is Android instant messaging apps, whose market share is about $ 1,4 billion (20% of TAM).Our SOM is Android instant messaging apps, targeting young users (25 yrs and under) who need strong privacy protection when talking and sharing confidential information.To estimate reasonable numbers for our SOM we will take a look at some of our competitors 2014 figures (source: Forbes, GlobalWebIndex, Whatsapp, Tencent):(1) Whatsapp gained 616 million users in 2014 (29% under age 25) and reported $ 13,5 million with a tryand- buy business model;(2) WeChat gained 468 million users (33% under age 25) and reported revenues for more than $ 400 million with a freemium model;(3) Line gained 400 million users (30% under age 25) and reported revenues for $ 656 million with a freemium model;(4) KakaoTalk gained about 140 million users (30% under age 25) and made revenues for $ 203 million with a freemium model.These data could be read as an advantage of the www.innovationitaly.it/en/ Page 173 of 211 freemium model over the try-and-buy but it depends a lot on features offered by respective apps.To recap our benchmarking results, Whatsapp SOM is worth $ 3,92 million (0,3% of SAM), WeChat SOM is worth $ 132 million (9,4% of SAM), Line SOM is worth $ 196,8 million (14% of SAM) and KakaoTalk SOM is worth $ 60,9 million (4,4% of SAM).However, despite the crowded and competitive market segment, 63% of mobile user are usual to use more than 1 instant messaging app weekly (source: Deloitte). Then, respective SOM estimation are not mutually exclusive, and whereas it is difficult to estimate our SOM with these figures, the good news is that there are chance for market penetration from new instant messaging apps like SHADO.Realistically, with a very significative investment in marketing in countries not yet conquered by competitors, we believe we could gain a SOM of $ 0,98 million (0,07% of SAM) one year from now. YOUR COMPETITORS Our main competitors are:WHATSAPPLaunched in 2009, is the #1 of instant messaging apps in more than 140 countries worlwide. It gained about 700 million users until now but is strongly criticized for poor privacy and security concerns.Strenghts:(1) brand name;(2) cross-platform;(3) financial resources.Weaknesses:(1) poor privacy protection;(2) vulnerability to eavesdropping and third-party apps (http://www.myce.com/news/usersshouldnt-trust-on-whatsapps-end-to-end-encryption-75939/);(3) limits on file sharing.TELEGRAMLaunched in 2013, is the #1 of secure instant messaging apps, with more than 10 million users. It is the commonly the first alternative choice for users annoyed by privacy and security concerns with other instant messaging apps.Strenghts:(1) brand name;(2) cross-platform;(3) financial resources.Weaknesses:(1) poor privacy protection;(2) vulnerability to manin-the-middle and malicious third-party apps (https://en.wikipedia.org/wiki/Telegram_(software)#Security_concerns);(3) unreliable file sharing. COMPETITIVE ADVANTAGE The SHADO USP is "talk freely, protect your privacy".We take privacy very seriously and our encryption protocol, which is based on well-known secure models and techniques, is invulnerable to eavesdropping and MitM.Strenghts:(1) strong privacy protection;(2) lot of security settings available to users;(3) invulnerability to eavesdropping, MitM and malicious third-party apps.Weaknesses:(1) competitive market;(2) little marketing resources;(3) limited file-sharing options. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 184,403 FROM WHOM? venerdì 2 ottobre 2015 € 89.965 from ESF EU funds for the Keganzo start-up stage, as a consequence of winning a public regional competition for innovative start-up projects in 2012 (more info, in Italian, available on http://www.opencoesione.gov.it/progetti/1lala1000034666/).€ 45.000 from Family & Friends, for the seed stage.€ 49.438 as contribution in kind for the cloud gaming patent from new partners. www.innovationitaly.it/en/ Page 174 of 211 Macro-sector Software Sector Software COMPANY NAME Kopjra Srl WEB SITE kopjra.com REGION Veneto ACTIVITY CODE - Codice AT 993636 DATE OF INCORPORATION 11/07/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Kopjra Anti-Piracy: first detection, takedown and forensic copyright protection SaaS. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Emanuele Casadio: 25, first class MEng in Informatics, back-end developer at KsyTech digital strategy boutique (2010 - 2013), teaming with Tommaso Grotto. Activist fo Wikimedia Foundation and voluteer translator for Valve.Tommaso Grotto: 26, graduating in Business Informatics, co-founder and front-end developer at KsyTech (2007 - 2013). Author for Borsa Italiana and IG on algorithmic trading. Volunteer mentor for Lean Startup Machine and Startup Weekend.Luca Trevisan: 25, MSc in Economics and Finance and Galileian School of Higher Education Diploma in Humanities. Internt at Banca IMI SpA, Value Management Desk. President of GURi cultural and recreative association. YOUR VISION Internet has been left in anarchy by law-makers and companies which are gaining from Intellectual Property and privacy infringement. Citizens must be empowered with new tools to effectively protect and enforce their own rights online. YOUR MISSION Kopjra will provide citizens with those tools. Starting with copyright protection, we are going to build an environment of services for online Law protection and enforcement. We will become Italian leader in our industry by 2016 and one of the most important European actor by the following year. YOUR PROJECT Kopjra is a startup involved in the protection of the Intellectual Property and of the privacy, supported by TIM #WCAP accelerator and by the University of Bologna.In 2014, it was selected by TIM, the biggest Italian telco, for the TIM #WCAP accelaration program and grant. In 2015 Kopjra has begun to collaborate, as a coached company, with the European business network EIT Digital.In May Kopjra organized Legal Tech Forum 2015, first Italian conference on legal technologies. Important actors of this fast-growing sector were involved, such as AGCOM, Mediaset Group, Baker & McKenzie.Kopjra Anti-piracy SaaS is the first product Kopjra launched aiming at customers of any size. It enables the users to detect the online copyright infringements and to send takedown notifications to the subjects involved in the unlawful acts, in order to command the removal of the right infringing content and to obtain damage refunding.Kopjra's proposal goes beyond the sole content removal top service offered by competitors -with the forensic digital evidence acquisition procedures. These have been designed according to main international standards, in particular ISO 27037-2012 and it will apply for PCT by the end of 2015. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 175 of 211 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS We have filed no patent up to present moment. COPYRIGHT Kopjra has copyrighted the first version of the product according to Italian law through deposit at SIAE. MARKET SEGMENT (ESTIMATED VALUE, EUR) 145B YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Few specialized players dominate the industry. They are divided into two categories: those offering usual detection and takedown solutions (MarkMonitor Antipiracy, Digimarc e Vobile), and those involved in specific activities that may be related to piracy (Semetrics, Excipio). Another distinction may be applied between those providing clients with a SaaS (MUSO.com) and those selling consulting activities performed thanks to an internal software (In.Co.Pro, Arvato Entertainment's mBargo). Most of our competitors have 20 to 50 employees, with few bigger outliers. COMPETITIVE ADVANTAGE Kopjra's competitors' massive fault is the neglecting of all those innovative aspects of anti-piracy activity that have been considered in our vision: the forensic digital evidence acquisition and the suffered damage evaluation offered as a service to a wide mass of potential users, thanks to the SaaS form. Kopjra's services are both innovative and scalable, making our advantage defensible with regard to our competitors. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 191K FROM WHOM? venerdì 2 ottobre 2015 Alfa13: Business Angel Network of local Vicenza enterpreneurs and professionals associated with Custodi di Successo.TIM Ventures: Corporate VC fund of the biggest Italian Telco.CII2: self-defined accelerator enhancer, fix amount seed investors. www.innovationitaly.it/en/ Page 176 of 211 Macro-sector Software Sector Software COMPANY NAME LD-brane SRLS WEB SITE www.speedyplan.com REGION Lombardia ACTIVITY CODE - Codice AT 72.19.09 DATE OF INCORPORATION 04/04/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Cloud-based solution for the optimization of transport and logistics. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Dario Zamboni: CEO: master degree in computer science achieved at the University of Milano. Previous Professional Experience as Project Manager in an Incubator with focus on Cloud and WEB projects. CEO of WayOut srlSandro Gianoli: graduated in Economics from Bocconi University. has a long and deep experience in the ICT market matured in Arthur Andersen, SAP as Italian Direttore Generale, Telecom Italia Finsiel as Enterprise Business Unit Director, G –group as President, Comdata as Business Development Manager, Realtech as Italian Executive Vice PresidentLuca Gamberale CTO: PHD in physics achieved at the University of Milano. Specialties: finding innovative solutions to technical or theoretical problems. Modeling and simulation of complex problems. Code developer. YOUR VISION THE LOGISTICS OF THE FUTUREA new way to manage deliveries for your company YOUR MISSION Be the most powerfull cloud optimization platform in the market. YOUR PROJECT SpeedyPlan.comis a native Cloud-based solution accessible via web browser, for the optimization of transport logistics of goods, providing significant cost savings both in terms of route optimization and employee resources. This platform, unique in the market, has proven effective in tests carried out so far. Through use of this application one of our customers realized savings of up to 25% of the monthly costs of transport. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS New algorithm for optimization COPYRIGHT speedyplan.com MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 100.000.000 0,003 Since the market is embryonic, there are not strong competitors, with our innovative solution.There are some software to manage logistics and transportation, and few solution for optimization but till now none are developed in a cloud environment.Our direct competitors are listed below:AntOptimaPTV – IntertourRoadnet Transportation Suite www.innovationitaly.it/en/ Page 177 of 211 COMPETITIVE ADVANTAGE - Cloud-based solution accessible via web browser, for the optimization of transport and logistics.- the use of Cloud Computing allows you to abandon the old corporate IT infrastructure- simple and intuitive user interfaceReporting and management of deliveries- Dataflow integration with legacy ERP- optimized transport planning- waybill preparation is done in a few minutes- the software can be customized to the specific needs of the business- Save delivery costs- Save employers costs- Save number of trucks and related social impacts HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 150 FROM WHOM? venerdì 2 ottobre 2015 public funding www.innovationitaly.it/en/ Page 178 of 211 Macro-sector Software Sector Software COMPANY NAME Lucian S.r.l. WEB SITE www.openmove.com REGION Trentino Alto Adige ACTIVITY CODE - Codice AT 620909 DATE OF INCORPORATION 11/11/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION OpenMove is an innovative mobile ticketing solution featuring proximity marketing. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM • Lorenzo Modena, CEO. Serial entrepreneur, 2 companies founded: Yoodeal (worldwide aggregator of online deals, partner with the major italian online newspapers, 3.5M$ valuation), Lisport (innovative hardware and software solutions for sport, partner with top level sport teams and federations in Italy, www.lisport.com). He leads the team.• Marco Stenico, CTO. Wide experience in document-oriented databases and APIs implementation; active member of MeteorJS community and contributor to several open source projects. He takes care of the architecture of OpenMove.• Alessandro Sosi, COO. Mechatronic engineer, 3 years of experience as researcher and project manager. He organises daily operations. YOUR VISION Unlike Facebook for social networks, iTunes for music, Google for search engines, etc., there are no big players in mobile ticketing. We want to be the reference platform able to catalyse the market, becoming the de facto standard solution. YOUR MISSION The mission is to scale globally, iterating this very simple go-to-market strategy: B2G partnerships with mobility providers (which guarantees us a huge organic user base), B2C engagement towards users and B2B geolocalised advertising to create added value for all the players involved. YOUR PROJECT OpenMove is a comprehensive solution for mobile ticketing with three different software solutions towards final users, transport companies and local merchants.• Final users use a mobile app to plan their trip and pay for all transport services such as bus, train, subway, carsharing and parking. Particularly tourists benefit of OpenMove as a simple point of access to find trip information and to pay without currency or language issues.• Transport companies have available a web platform (to organise mobility, elaborate statistics and manage accountancy), an API layer for integration with existing informative systems and an app for ticket and plate inspection. It has no implementation costs and has a super fast deployment (in hours, while competitors take months). Thanks to OpenMove providers experience +18% tickets sold (since users are encouraged to pay in a simple way) and 13% fewer costs, due to reduced maintenance of ticket machines, savings on personnel costs, and accountancy costs cut.• Merchants use a campaign manager to organise location-based advertising campaigns. They engage profiled and geolocalized users to convey them within their shops in a cost-effective way with metrics available in real-time. Our target are local merchants which features goods, services and events. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 179 of 211 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS - COPYRIGHT Lucian S.r.l. owns the project and brand OpenMove. MARKET SEGMENT (ESTIMATED VALUE, EUR) 100B YOUR MARKET SHARE ONE YEAR FROM NOW 25% in Italy YOUR COMPETITORS Market is extremely fragmented in local and proprietary apps with a lot of mobile ticketing solutions verticalised on specific towns and certain means of transport, especially for parking. We deeply analysed the market, particularly in Europe. There are proprietary apps (such as the ones provided by bus companies in Bergamo, Firenze, Udine, just to give example in Italy) and other vertical mobile ticketing solutions (for example Sostafacile, Easypark, Telepark, Mycicero): no one has a dominant position on the market since they are partial, with fees for users and providers and deployment takes from 2 to 3 months. Worldwide, major competitors are Masabi and Paybyphone. Masabi offers its service for public transport in 16 (sic!) cities among UK and US (and they show extremely significant case studies, e.g. www.masabi.com/work-view/bostonmbta-mobile-ticketing/) whilst Paybyphone focuses exclusively on parking and tolling and is available in US, UK and France, covering about 150 cities. If we take into account informative systems for mobility, the most known example is Moovit, which got funded with more than 80M$, without getting any revenue. COMPETITIVE ADVANTAGE Compared with other mobile ticketing solutions, OpenMove features both technical and operational innovations. It is the only: • Open and available for every mobility service (bus, train, subway, parking, etc.). This is crucial to reach critical mass of users and being acknowledged as the reference app for payment of transport tickets. • Completely free solution for users and transport companies as well. Solutions provided by competitors come with fees to be paid by final users and setup costs by providers. Particularly in this recession period, it is important for Public Administrations to count on a free ready-to-use solution they may adopt to offer a valuable service to their citizens. • Involving local merchants, which can promote their products, allowing users to benefit from deals and gain credit to park and travel for free. Merchants have a costeffective solution to advertise offers to targeted and geolocalised users. Users have the important chance to gain credit which they may use to travel and park, resulting in a win-win situation. • With a super fast deployment: while other solutions take months of work, the implementation of OpenMove takes literally just minutes, thanks to the standardisation – in technical and operational terms – promoted by the open data movement. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 118K€ FROM WHOM? venerdì 2 ottobre 2015 OpenMove won several prizes and awards:• FI-WARE/EIT ICT Lab Challenge (winner + 15K€) for best application using FiWare• Trentino Open Data Challenge (winner + 8K€) for best app making use of open data• Finodex (winner + 50K€), european call for apps with a business model on open data• Millennium Award (winner + 45K€), as best startup in Italy www.innovationitaly.it/en/ Page 180 of 211 Macro-sector Software Sector Advertisement COMPANY NAME Onetray WEB SITE www.onetray.it REGION Lombardia ACTIVITY CODE - Codice AT 82.99.99 DATE OF INCORPORATION 26/01/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE The first ad-hoc designed airport security trays entirely sustainable and fully customizable for brands that want to have a memorable impact. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Our team is formed by four members with complementary competencies and a long-standing friendship.- Federico Kluzer, project manager, has a background in management consulting and investment banking, he takes care of the business development and commercial side of the business.- Alessandro Pedote, Operations and production manager, background in a startup incubator, manages the production process and all the suppliers’ relations.Giovanni Scolari, Product designer, he’s the mastermind behind Onetray products.- Nicolò de Brabant, Media & Communication, he’s the support to our clients in crafting effective advertising campaigns. YOUR VISION Onetray mission is to become in 3 years the market leader in the airport specific trays provision and to create a global network of airports under its direct/indirect control that offers its clients guaranteed brand visibility to a highly qualified and profiled target (airports passengers). YOUR MISSION Onetray mission is to provide airports with ad-hoc designed security trays aimed at enhancing the traveller experience while offering, at the same time, a unique advertising opportunity to brands by gaining 100% target access to high value consumers, in an unconventional and memorable way. YOUR PROJECT Onetray was born with the idea to innovate the trays commonly in use at airport security checkpoints by creating a one-fits-all solution that could be used through airports. We realized that this couldn’t be possible due to big differences in airports security infrastructures.After months of intense work in prototyping and on field tests, we identified the appropriate shape format and attached service to quickly provide trays designed ad hoc for airports specific security infrastructures and, at the same time, fully customized according to a brand’s preferences.For instance, we acknowledged the huge importance that comes from having travellers passing through a mandatory passage with high visibility and guaranteed exposure time when attention is at its maximum.This, led us to think of our business model in a way that would leverage such advertising potential so to offer the product for free to airports. In this way we have been able to cut airport’s costs, increase non-aviation revenues and improve the passenger experience through security. Such model allowed us to quickly penetrate the airports market both nationally and internationally.We are currently live at Milan’s airports, Rome Fiumicino and Turin airports. We’ve reached agreements with the airports of Bergamo, Venice, Treviso, Verona, Olbia & Ciampino. Up to now our clients are: Sisal, MasterCard and Telecom Italia. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 181 of 211 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) from 250.000 to 500.000 PATENTS 0 COPYRIGHT Onetray registered its trademark and the designs of the products currently in use at Rome, Milan and Turin airports. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS €36mn Market segment breakdown:- Europe: €15mn- Middle East/Africa: €3mn- Asia: €15mn- South America: €3mnTotal estimate: €36mn (range: €30-45mn per year)Market share: 10-15% c.ca of the available market globally (no USA) → €3-5mn per year Our single pure competitor is Security Point Media, a US-based company that operates only in the US market where they have a network of 40+ airports. On the commercial side, they cooperate with JCDecaux North America. On the airport side they have an exclusivity agreement with TSA (Transportation Security Administration). Such agreement is their entry barrier.We actually differ from their value proposition since our products come tailored-made for airport-specific security infrastructures and for the fact that the degree of advertising customization of the trays is way higher with our product than a mere sticker placed at the bottom of a rectangular white plastic-made tray. Morover we are developing the product in terms of new materials and innovative production methodologies to be more sustainable than plastic, better performing in terms of technical properties (impact and abrasion) and hence more impactful. Such know how is one of our barriers to entry. This is all to appropriately adapt to the needs of our stakeholders that we had the opportunity to analyze and structure after 12 months on the market and a subsequent strategic positioning analysis. COMPETITIVE ADVANTAGE Our competitive advantage (and build-up of barriers to entry) lies on 4 main factors:1- Niche sector historically characterized by low margins due to: high production cost involved and squeezed selling prices. This is because the security trays have always been perceived as a weak mean of communication due to the limited customization available and quick wear out (result: trays highly undervalued as a mean of communication). We have been able to work on these 2 factors by repositioning the medium (increasing its customization and reducing the wear out by creating a new shape and by giving wider customization options thanks to new production technologies). Currently we are now investing in R&D to: a) significantly squeeze the cost basis b) increase the exposure frequency (reduce the minimum on air period). This will lead to better margins and higher entry barriers.2- Highly fragmented niche sector: de-structured segment, badly managed, no centralized player (a part for the USA where the success case is: SPM)3- Necessary to have high-volumes (in a niche and “under-the-radar” market): being the airport operators clustered –on average- on a country basis, this means that a critical “appealing” mass of tray advertising becomes meaningful only if centralized on a continent-size level. Hence, on a country level, tray advertising is of little “appeal” to potentially risky players (e.g. JC Decaux and Clear Channel).4- Technical knowhow: we are the first company ever to vertically focus on the study and development of new solutions specifically thought for airports security systems. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 182 of 211 FROM WHOM? venerdì 2 ottobre 2015 none www.innovationitaly.it/en/ Page 183 of 211 Macro-sector Software Sector Software COMPANY NAME Pikkart Srl WEB SITE http://www.pikkart.com REGION Emilia Romagna ACTIVITY CODE - Codice AT 62.09.09 DATE OF INCORPORATION 19/05/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED Augmented Reality APP and framework for mobile and wearable devices. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Lorenzo Canali: CEO & Co-Founder, entrepreneur with 16 years of experience.Giovanni Zuffolini: Project Manager & Co-Founder, Project & Delivery Manager with 10 years of experience.Davide Baltieri, PhD: R&D Manager & Co-Founder, Senior Researcher with 5 years of experience.Mattia Baroni: CFO, Finance & Controlling Manager with 4 years of experience. YOUR VISION Bring augmented reality on every device, to give every person new eyes to see the world. YOUR MISSION Pikkart, by Integrating digital contents into real life, turns traditional view of the world into immersive and customized digital experiences, able to engage consumers and to increase company’s sales. YOUR PROJECT Pikkart is a start-up founded in 2014 that wants to provide companies of all sizes and sectors augmented reality apps to enhance the sales and users experience. Pikkart creates, thanks to our proprietary AR framework, tailor made apps that meet customer needs, with a focus on marketing, advertising and publishing. Pikkart’s augmented reality apps blurs the line between what’s real and what isn’t. It makes possible to overlay useful digital contents over any type of printed materials or just by geo-locating POIs around the users. These digital information are displayed on the screen of a smartphone, a tablet or a wearable device. Pikkart’s AR Apps, for a widespread diffusion, are available on a wide range of mobile devices using iOS, Android and Windows Phone. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS None, Software algorithms are not patentable in the EU COPYRIGHT Pikkart AR, our new augmented reality SDK, is registered at the SIAE Public Register of Software (Rome). MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 € 400.000.000 0,05 Experenti: experiential marketing platform based on augmented reality, geolocation and proximity marketing.Seac02: digital craft house that provides companies augmented reality softwares & solutionsG-Maps: augmented reality farm that provides augmented reality services on mobile devices www.innovationitaly.it/en/ Page 184 of 211 COMPETITIVE ADVANTAGE Entirely developed internally at Pikkart, our augmented reality SDK contains some of the best and fastest computer vision algorithms, ensuring a reliable, interactive augmented reality experience in a variety of environments.Unlike the competition, we do not rely on third-party augmented reality (AR) frameworks like Qualcomm Vuforia™, Metario™ or Blippar™. It’s a fully customizable augmented reality framework (down to source code level) that we can tailor to specific customer request. Our augmented reality SDK is available on a vast range of mobile devices, from smartphone and tablets using Android, iOS and Windows Phone. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 300 FROM WHOM? venerdì 2 ottobre 2015 Pikkart has obtained € 300k thanks to Smart&Start Italia, the new call for innovative startups managed by Invitalia.Soon, Pikkart will receive (through UniCredit) a € 100k loan guarantee (80%) from Central Guarantee Fund (CGF). www.innovationitaly.it/en/ Page 185 of 211 Macro-sector Software Sector Software COMPANY NAME QUANTEYE srl WEB SITE www.quanteye.com REGION Lombardia ACTIVITY CODE - Codice AT 70.22.09 DATE OF INCORPORATION 17/03/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE financial advisory and wealth management services designed to satisfy retail investors needs PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM Our team is mainly formed by skilled financial professionals with comprehensive experience in the global alternative investment environment, offering a rare blend of operational, business development and technological expertise.Fabrizio Mobrici, Quanteye's founder- 20+ years’ experience in developing and implementing financial investment processes / risk budgeting frameworks- Solid development skills in the design of investment and risk management processesLorenzo Ricca, co-founder-20+ years’ experience in developing and implementing financial investment processes / risk budgeting frameworks-Solid development skills in the design of IT frameworks supporting investment processesVeronica Delle'Era, Chief Marketing Officier-7+ years’ experience in developing marketing plan YOUR VISION Many important changes in the Asset Management and Financial Advisory context are taking place.Regulatory interventions make the institutions to innovate and make their financial services more efficient.Digital natives expect to interact with financial services with the same simplicity and interaction with which they deal with other online services. YOUR MISSION Financial crisis and scandals, that has been following one another during last years, made appear a strong need of investors to receive a quality and transparent advisory service.Our mission is to supply a high quality and focused towards the user service able to satisfy the need of financial planning of the retail investors. YOUR PROJECT The Project consist in developing a web based platform (hereafter Platform) functional to the proposition of financial advisory, risk management and wealth management services created to fulfill retail investors needs regarding financial planning and saving management (B2C context).As said before, Quanteye competitive advantage lies in algorithms and processed developed throughout the years and the Platform is the instrument through which is possible to deliver the offer of innovative high values services that enable users to be guided and taken care of in the process of management and controlling of their investments in full compliance of the expected risk.Considering the target, the Platform needs to be designed in a way to grant an efficient, effective and satisfying user experience. For this reason, prior to the technical specs definition, we want to make an accurate market and users study in order to reach a better placement of the expected service. NUMBER OF EMPLOYEES up to 10 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 186 of 211 TURNOVER (EUR) up to 250.000 PATENTS The set of processes and algorithms developed by Quanteye srl are protected by trade secret. COPYRIGHT algorithms functional to the supporting of decision making processes in the following fields: asset management, risk management, financial advisory. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 100.000.000.000 We think that the company won’t be still active in the B2C market within one year because:- the reference market, asset management and financial advisory context, is characterized by a high regulation level and the entrance on the market is subject to the possibility to get licenses required by the surveillance institutes (FSA, BankIt, FINMA, etc..).- The web platform, through which we want to deliver our services, has a high level of complexity in terms of integration with third party systems (banks, brokers, etc…) and also of its inner characteristics of the service model Betterment (USA)Nutmeg (UK)FutureAdvisor (USA)Motif Investing (USA)Money Farm (Italy)justETF (Germany)SigFig (USA) COMPETITIVE ADVANTAGE Current Quanteye core business has focused on offering services for advisory and algorithmic development in B2B field for the exploitation, as last resort, by financial institutions or related entities.The set of developed processes and algorithms are in fact Quanteye competitive advantage and also a barrier to competition too.The exploitation of those assets, gave the possibility to main financial institutions, which leadership is recognized on an international level, to innovate their services and products reaching a complete satisfaction of the client. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 3.000.000 USD FROM WHOM? venerdì 2 ottobre 2015 The main italian bank institute, Unicredit, presented Quanteye srl as one of the four winner startups of their acceleration program FinTech StartLab where Quanteye is still involved.Quanteye has now finalized the development of its assets (processes and algorithms) investing its revenues from the B2B business. Up to now the value of those assets capitalization is higher than 3.000.000 USD. www.innovationitaly.it/en/ Page 187 of 211 Macro-sector Software Sector Software COMPANY NAME RetAPPs Srl WEB SITE www.retapps.com REGION Lombardia ACTIVITY CODE - Codice AT 620200 DATE OF INCORPORATION 31/01/2012 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION SmartBip, the digital mobile engagement platform for the retail sector. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM - Alessandro Tiretta, Founder and CEO, with 20+ years experience in retail and technology, former CTO of the Leroy Merlin group in Italy- Alessandro Carano, Sales Manager with 20+ years experience in tech solutions for the retail sector, former sales rep for Datalogic for self scanning- Marco Gasparetto, CTO, with 10+ years experience in digital solutions and mobile developments, leading a team of 5 developers- Managerial, administrative and organizational support from Superpartes, incubator and co-founder. YOUR VISION The pervasive use of Smartphones has created the conditions for a major revolution in retail shopping, both in-store and out-of-store.Smartphoneenabled commerce (“Smart-Commerce”) is going to be a fundamental piece of the retail value chain and a sizeable business opportunity for focused players. YOUR MISSION To envision and develop cutting-edge solutions that enable the retail sector to implement "drive-to-store" strategies through the Digital Mobile Channel YOUR PROJECT A cloud-based platform solution for delivering digital engagement through multi-channel end-to-end applications fitting into the customer preferred shopping patterns as well as into the retailer/store business processes. A set of integrated functions for implementing customer-facing services such as Digital Promotions, Digital Couponing, Proximity Marketing, Wish Lists, Mobile Self Scanning, Select & Collect, Loyalty, Mobile Payment. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS No patents COPYRIGHT SmartBip - the leading platform solution for digital mobile engagement in the retail sector in Italy MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW venerdì 2 ottobre 2015 > 50M (ITA ONLY) RetAPPs currently holds a very large market share in Italy for advanced engagement services, but absolute numbers are still very small (less than 100 stores in Italy, out of 25.000 in the LOD sector, offer engagement services, 80+ of which use RetAPPs solutions). Our goal is to maintain our competitive advantage and keep a sizeable market share as retailers expenditure grows. www.innovationitaly.it/en/ Page 188 of 211 YOUR COMPETITORS - Main competitors in Italy for RetAPPs' entire platform are NCR/Retalix and IBM/Konvergence. - Competitors in Italy for individual services are specialized solution providers, e.g. Datalogic for Mobile Self Scanning or local digital marketing solution providers.- Looking at expansion in Europe, main competitors for the entire platform may include Revision (Dutch company with business in several European Countries) and Datema (Swedish with strong presence in Scandinavia). COMPETITIVE ADVANTAGE RetAPPs' cloud platform is currently the most comprehensive solution for mobile engagement in the food&beverage segment in Italy. RetAPPs has been the first to install in real-life scenarios services such as Smartphone-based self scanning, mobile payment, mobile couponing, select & collect and has the largest installed base for such services in over 80 stores with reputable customers such as Auchan, Coop, Conad, Despar. In addition, RetAPPs is currently the only provider in Europe of cloud services seamlessly accessible from both Zebra/Motorola MC18 devices and Smartphones. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? Eur 700.000 FROM WHOM? venerdì 2 ottobre 2015 RetAPPs received two tranches of 350.000 Euro each in August 2013 and August 2014 from:- Andena Holding: personal investments of Mr. Gianluca Andena, former director of the Permira Investment Fund. - Bincot: personal investments of Mr. Guido Paolo Gamucci, former director of the Permira Investment Fund Vela Imprese: personal investments of Mr. Marco Pittini and Mr.Guido Carissimo. www.innovationitaly.it/en/ Page 189 of 211 Macro-sector Software Sector Advertisement COMPANY NAME ROIALTY SRL WEB SITE www.roialty.com REGION Lombardia ACTIVITY CODE - Codice AT 62,02 DATE OF INCORPORATION 18/12/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE ROIALTY combine semantic web and social mining, real-time intelligence and omni-channel gamification to boost digital loyaty PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM ROIALTY at this point in time employs about 16 people + 4 external :6 members board team including CEO, COO, VP product strategy, VP product innovation, CTO and Service Innovation Manager 6 sw engineering & QA team supported by 2 external developers dedicated to front-end apps ( web & mobile ) 4 consulting + 2 external staff (content creation and social media marketing ) dedicated to the presales and configuration support on partners’ projects The CEO has in charge the sales and marketing activities with a priority in developing alliances with global partners The COO is managing F&A and all the operation & delivery issue. YOUR VISION UNLEASH SOCIAL INTERACTIONSunderstand and map interests, passions and behaviours of your audience and get higher conversions, stronger engagement, better retentionCombine semantic web and social mining, realtime intelligenceand omni-channel gamification to enable your ROI YOUR MISSION Combine semantic web and social mining, real-time intelligenceand omnichannel gamification to improve the ROI of digital innovative marketing programs YOUR PROJECT ROIALTY introduces an objective knowledge of audience’s interests and social behaviours and offer tools to enable real time profile-driven and behaviourdriven actions.Reaching the right people, with the right content, via the right channels, motivates customers to engage in high-value activities that lead to brand loyalty and greater lifetime value.Semantic engine for web and social miningRich marketing personas to boost conversionsLearn from the market and position yourselfIncentive to social sign-ins and profile completion to improve customer relationshipPersonalized gamification will keep customers interacting with youHappy users will share their interactions and their rewards on their social profilesEasily manipulate customer sales, social and demographic data to build customer segments and use them for marketing strategyIdentify high-return events and set the system in order to execute a specific task when they happenProspect from audiences that look like your high value customersa unique, SaaS platform with fully fledged APIMain clients include Artsana Group (Chicco brand), Banco Santander, Benelli Beretta, Jaguar Land Rover, Philips Morris International, Stone Island, UnipolSAI and others NUMBER OF EMPLOYEES 11 to 25 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 190 of 211 TURNOVER (EUR) from 250.000 to 500.000 PATENTS None COPYRIGHT ROIALTY Trademark and software licence MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS $2.22 Billion in 2014 (social CRM source MarketsandMarkets) Our main goal is to be recognized as emerging solutions in our main market segments in EMEA countries.Our plan is to have a 1.5M euro turnover in the next fiscal year - it means achieving a 2-3% of the EMEA market share. Main competitors are CrowdTwist, Lithium, Jive, Salesforce COMPETITIVE ADVANTAGE We differentiate because we strongly rely on our capability to collect, analyze and aggregate social data at massive scale. Our technology has been developed and tested to run in real time on billions of records and tens of billions of attributes. Our personalization engine, the Profile Driven Engagement engine, can identify the most effective call to action for the specific individual in that specific context.Competitive advantage is having both social data analysis capabilities and engagement in one platform. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 360 FROM WHOM? venerdì 2 ottobre 2015 Banca Popolare di Milano with Mediocredito loan guarantee dedicated to innovative start-upsWe have been selected as eligible project to be financed by the Smart&Start innovative start-up program for 447.000 euros - contract is under definition www.innovationitaly.it/en/ Page 191 of 211 Macro-sector Software Sector Software COMPANY NAME Spotlime WEB SITE www.spotlimeapp.com REGION Lombardia ACTIVITY CODE - Codice AT 62,01 DATE OF INCORPORATION 02/07/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Booking app for last-minute top events. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM CEO - Francesco RieppiExperience:Associate at MAS Angel Fund (Germany), Associate at The Boston Consulting Group (Italy)Education:MSc Economics cum laude from Bocconi (Italy), MGIMO (Russia), Barcelona GSE (Spain)CTO Francesco De LivaExperience:Software engineer at Amadeus (France)Education:MSc Computer Engineering cum laude from Politecnico di Milano (Italy), University of Illinois (US)CMO - Fabrizio Dell'AcquaExperience:Cofounder HousingExchange.it (Italy, sold in 2012)Education:PhD Business Economics from London Business School (UK); MSc Economics from Bocconi (Italy)General Counsel - Luigi Selva VerzicaExperience:Lawyer and Of Counsel at SVSLex (Italy)Education:PhD Law from Padua University (Italy); MSc Law from Bocconi (Italy) YOUR VISION Help to live one's passion in his/her free time, wherever he/she is in the world. Make every day a surprising day. YOUR MISSION Help to discover the best entertainment in town and suggest to live new exciting experiences. Every day. Fully tailored to one's needs. Making it possible to book them in the blink of an eye. YOUR PROJECT Within the global entertainment market, top event organizers do not have a tool to decrease prices for a certain type of clients, as airlines and hotels do; consequently, they are systematically unable to maximize their profits. Event seekers find it difficult to collect information and book last minute, as this is not always possible online in a quick way. Spotlime is an app showing every day the 15 top events for concerts, sport, theatres and nightlife last-minute (24-48 before the beginning of the event). It allows to book a spot in just two taps, offering exclusive advantages to its users (VIP entry, free bottle of champagne, entry discount). Venues and event planners can use the app in order to promote their activities with an advantage for the user, without cannibalizing their main sales channel. Users can buy a ticket or reserve a spot in two taps and receive a benefit. Revenues come from a commission on every ticket sold/reservation made through the app.Spotlime started to monetize in January 2015, reaching the following results:• 190+ partner venues• 2 cities, Milan and Rome• 100,000+ download•€9,000 in monthly sales (Jul 2015)• 20% monthly revenues growth since January 2015 NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS The company doesn't own any patent as of today venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 192 of 211 COPYRIGHT Trademark on Spotlime at European level MARKET SEGMENT (ESTIMATED VALUE, EUR) 35 billion YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Spotlime has three major international competitors:● Fever is a Spanish discovery event app for iPhone and Android, founded in 2012. It is present in 7 cities (Madrid, Barcelona, Valencia, Seville, Malaga, London, New York) and reached 1M downloads. It has raised $11M. It allows to buy tickets for concerts, theaters and food and drink events, but not to reserve them.● YPlan is a UK discovery event app for iPhone and Android, founded in 2012. It is present in 3 cities (London, New York, San Francisco) and reached 1.5M downloads. It has raised $38M. It also allows to buy tickets concerts, theaters, cinemas and food and drink events, but not to reserve them.● Sosh is a US discovery event website and app for iPhone, founded in 2010. It is present in 5 cities (Chicago, New York, San Francisco, Seattle, Washington) and has an undisclosed number of downloads. It has raised $16M. As the other competitors, it allows to buy tickets for concerts, theaters and food and drink events, but not to reserve them .European countries different from Spain and UK currently do not present significant competitors. Considering in particular the Italian market, there are no mobile applications that offer a curated selection of events and last-minute booking or reservations via app. COMPETITIVE ADVANTAGE Spotlime differs from its main competitors, being the only player allowing event seekers to also reserve a spot and pay at the venue. Spotlime’s clients, before the event, purchase credits that will give them the right to have access to the platform, paying in advance for the service. Once the presence at the venue of the person who booked the event has been verified via geolocation, a certain amount of credits is deducted from the total amount that the venue purchased.The possibility to monetize users that are not willing or cannot use the credit card is particularly relevant to target the 18-25 years old group, represented by users not keen to use credit cards, and to address the €9 billion global nightclub industry, not keen to use prepaid tickets. This allows Spotlime to more than double the potential market compared to competitors, focused only on the range 27-35. As of today, 75% of the revenues of Spotlime are generated by reservations without credit cards. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 590k FROM WHOM? venerdì 2 ottobre 2015 Main investors are:- IBAN (Italian Business Angel Network)- Guido Garrone co-founder of Fastweb- Franco Gianera - co-founder of Amazon BuyVIPNicolò Bellorini - Senior Executive Telecom Italia- seedfeed GmbH - German investment company- FDI Holding - Italian investment holding www.innovationitaly.it/en/ Page 193 of 211 Macro-sector Software Sector Software COMPANY NAME THINKINSIDE SRL WEB SITE http://www.thinkinsi.de/ REGION Trentino Alto Adige ACTIVITY CODE - Codice AT 62,01 DATE OF INCORPORATION 29/05/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE Cloud big data analytics for indoor positioning and IoT applications. PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM High qualified and experienced team. The management has been a mix of researcher with more than 10 years of experience YOUR VISION The become the main EU player in the field of real-time locating system and one of the main 5 companies at the global level. YOUR MISSION Making easier and as much as useful the big data analytics technology for all the kind of user. YOUR PROJECT The coverage of a vast array of use cases, from retail to oil & gas with one-stop platform of indoor positioning and big data analytics, which is able to monitor, track and deliver added value services for people, such as engagement or indoor coupons. With the same platform we can cover retail as well as healthcare markets. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS 1 patent under submission.Our patent is based on the management of indoor location, managing check-in check-out over unstructured indoor area. COPYRIGHT Proprietary technology, 100% developed internally.Both the Hardware and the Source Code have been developed internally. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS EUR 4.46 Bn. 0,2% at the global level RetailNextEuclid AnalyticsShopperTrackZebra TechnologiesLocatible COMPETITIVE ADVANTAGE Having one platform available to cover more than one market: e.g. retail, healthcare, safety, supply chain HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? EUR 250.000 FROM WHOM? venerdì 2 ottobre 2015 Internal investment. www.innovationitaly.it/en/ Page 194 of 211 Macro-sector Software Sector Software COMPANY NAME Tweppy srls WEB SITE www.tweppy.com REGION Trentino Alto Adige ACTIVITY CODE - Codice AT 70.22.09 DATE OF INCORPORATION 29/05/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED Collaborative webmail: a venture opportunity for tomorrow’s web needs PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Tweppy is a project that started back in 2011 from a team that already succeeded in founding and growing a startup company that develops and integrates in numerous companies CRM solutions. The partners are: ⁃ Marco Bettin, CEO, engineer, MBA. Marco has been working in the past years with management consulting and has been appointed temporary manager in various companies, Founder of MIA CRM, project developer and CEO, Monti Antonio Spa. ⁃ Alessandro Rossetto, CTO, System Designer and IT expert. Developer of ASIA CRM. ⁃ Ivan Gatti, founder and CEO of TopRacing, entrepreneur with expertise in ecommerce. YOUR VISION The Vision behind the product is being able to provide an innovative tool that can reorganize the business workflow in no time by only introducing a new approach to the email communication.It becomes something like a special notebook where you can add comments, chat with colleagues, add tasks etc YOUR MISSION “Rethink your workflow from a simple email”: Tweppy is studied for small businesses, traveling agencies, insurance agencies, banks…Everyone has experienced how emails tend to pile up when working in a team. Tweppy finally ends this mess and lets you manage professionally your emails with little costs and huge benefits. YOUR PROJECT Tweppy is the only mail platforms that provides a contextual chat for each message and adds CRM function to a client emailEach allowed user can either view the message, check if the college has opened it, deleted it, or tagged an assignment.Other than being a useful collaborative tool, Tweppy integrates manyorganizational aspects such as managing the activities, professional CRM agenda, multiple group email and email tracking. A user friendly interface which is both professional and intuitive, associates with an intelligent assistant that constantly monitors the user performance and suggests strategic commands once it detects a non optimized interaction.Moreover to each tenant is associated an intelligent engine that requires 3 simple information: ⁃ USERS who are the team members ⁃ EMAIL BOXES that Tweppy has to monitor (even from differentservers) ⁃ RULES which apply to the incoming message, the allowed users etc.The rules that are assigned by the account manager are specific and individual for each tenant and can be optimized according with the necessity of the single company. This innovations can apply a revolution into the team workflow and add a new value to the communication inside the company. NUMBER OF EMPLOYEES up to 10 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 195 of 211 TURNOVER (EUR) up to 250.000 PATENTS International Patent Application N.PCT/IB2014/065694 filed on October 2014 "A management system for the exchange of messages": Tweppy is the only mail client in the market that combines contextual chat to each e-mail message. For each viewer inside the message, there is the opportunity to understand if the colleague has read, deleted or made assignments on the message itself. Furthermore to the collaborative aspect, tweppy integrates many organizational aspects: it allows to manage tasks, a professional style CRM index book, send email to groups of recipients, track if a recipient has read the message or clicked on a link contained. COPYRIGHT none MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 20000€ - 4mln € The revenues estimate is based on hypothesis regarding the segmentation of Tweppy’s users. The scenarios are divided into the free version, the full version and the CRM.The goal in the mid term is to reach, from the current 100 to 40.000 tenants, a number that is compatible with the market scenario pictured in our analysis and that requires an investment both on technical and commercial side. Microsoft with Outlook Exchange, Google with Gmail and IBM with Lotus Notes offer similar solutions with email management.Slack and Contatta have similar services with collaborative teamwork.Tweppy puts itslef in the middle, reaching customer’s different necessities with a completely new perspective on team workflow. COMPETITIVE ADVANTAGE Tweppy is an innovative cloud business mail / collaborative mail tool that brings great advantages for the business client regarding company efficiency and team workflow. It offers professional contact management, information with the email tracking and the possibility of team management by assigning tasks, tags, appointments etc.Thanks to these characteristics, Tweppy becomes a necessary tool in order to compete with more complex organizations.The commercial strategy is based upon trying to set Tweppy aside from the competitors’ competition and to put it in the middle between what is already in the market, like the big cloud email providers, and the new collaborative apps like Slack and Contatta.What Tweppy is trying to achieve with the “white label” strategy is the possibility to become an integrated tool of more complex CRM softwareand with the B2C strategy to become a popular web solution for those SMBs who want to work more efficiently.The point is to avoid compeating directly but build aside a complex platform that covers a different necessities that integrates both the collaborative/mail management and the CRM specifications. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 20000 FROM WHOM? venerdì 2 ottobre 2015 The business model consists in 3 different target clients: B2C via web, B2B via hardware/software retailers, B2B via software house.The B2C channel will be managed with dedicated newsletters, an internal developed marketing campaign will focus on the possibility to minimize useless email and reduce up to 40% of the emails per day.Another campaign will be structured with the collaborative aspects that will be introduced to specific target clients.Finally the CRM application will be the core argument for another specific marketing www.innovationitaly.it/en/ Page 196 of 211 campaign with another business target.The B2B marketing strategy with IT resellers will be elaborated thanks to the experience matured during the last years as CRM developers. This has built a business network that is necessary to push anew product inside this kind of competitive environment.The trust that the team was able to earn in the past years, is the engine behind this direct marketing strategy that will be taken face to face with the interested partners.The marketing approach to the software houses will be focused on the direct contact with the commercial offices in order to develop a collaboration using the “white label” supply. The team managementwill engage this task and will directly discuss this business opportunity with the principle players in the Italian market. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 197 of 211 Macro-sector Software Sector Software COMPANY NAME ViDiTrust WEB SITE www.viditrust.eu REGION Toscana ACTIVITY CODE - Codice AT 62.09.09 DATE OF INCORPORATION 13/07/2010 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE ViSeQR® is a cloud/app complete service for anticounterfeiting, tracing and promotion of products verifiable through smartphones PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Giacomo Cancelli, PhD in IT engineering, CEO Marco Cappellini, electronic engineer, President, background in Internet software and company management and developmentFabio Gennari, mechanical engineer, senior business fellow, background in management of the design of complex high tech systems President of the scientific committee: Mauro Barni, Professor at University of Siena YOUR VISION Our technology can be in any physical product and with our service we can create a secure link between products and consumers through smartphones YOUR MISSION To provide an effective, secure and low cost service to companies that want to protect, monitor and promote their products globally. YOUR PROJECT Enlarge the number of certified smartphones (nowadays iPhone 4s, 5, 5s, 6 and Samsung S3, S4, S5)Improve reporting services in the cloud applicationImprove usability of the appCreate a network of Value Added Resellers globallyCreate awareness in producers and consumers of the potentiality of our product NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS 1 patent: METHOD AND SYSTEM FOR ANTIFORGERY MARKING OF PRINTED DOCUMENTSMethod for antiforgery marking and authentication of printed products, includes the following steps: printing sample prints with a given printer of an image that is to be associated to a product (P); digitally acquiring the prints, to obtain digital images; processing the images acquired for extracting therefrom one or more intrinsic characteristics identifying the printer used; and incorporating in the printed product (P) an identification marking containing information associated to the printed product and to the characteristics identifying the printer and a print of the image. COPYRIGHT ViSeQR®, based on ViDiTrust patent, is a cloud/app complete service for anticounterfeiting, tracing and promotion of products. MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 1 Bln $ 0,01 AlpVision http://www.alpvision.com/ One ot the most active anti-counterfeiting www.innovationitaly.it/en/ Page 198 of 211 solutions provider. Their solution are based on fingerprint, cryptoglyph. They mention the possibility to verify products with smartphone, only limted to iOS devices. Certilogo http://certilogo.com They are active in fashion, wines, cosmetics. Their technology is based on a 12 digits code the system recognizes as authentic at its first verification, and as “already verified” afterward. Subsequently, Certilogo system can not work on the same product more then one time, and is prone to malicious users who can easily “burn” authentic products.SixTrue http://www.sixtrue.com They claim to be active in anticounterfeiting with a solution composed by a QRcode and special material/pigments that are unique. Apparently similar to ViSeQR® their solution needs special material/pigments that means great difficulty in adoption of the technology by third parties (thypograpies). COMPETITIVE ADVANTAGE ViSeQR® technology seems more robust and/or less expensive in respect to actual or future competitors so that we can expect to be able o beat competition with a proper marketing and distribution strategy. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 320000 FROM WHOM? venerdì 2 ottobre 2015 180.000 Euro from Italian Ministry of Research for a winning spin-off proposal50.000 Euro from a business angel90.000 Euro from family&friends www.innovationitaly.it/en/ Page 199 of 211 Macro-sector Software Sector Software COMPANY NAME Visual Engines WEB SITE www.visualengines.com REGION Toscana ACTIVITY CODE - Codice AT 62.01 - produzione di software non connesso all'edizione DATE OF INCORPORATION 19/02/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE VeMIR recognizes objects by using the camera of smartphone/tablet PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Visual Engines (VE) is a company founded by the researchers of the Information Science and Technologies Institute (ISTI) of the National Research Council (CNR) in Pisa, together with Inera Ltd.Visual Engines researchers are: Fausto Rabitti (VE strategic choices supervisor in the technologies of products and projects), Giuseppe Amato (VE technical-scientific manager), Claudio Gennaro, Franca Debole, Fabrizio Falchi and Paolo Bolettieri.Inera is a software company (computer technologies and services), founded in 2001, whose sectors are Tourism, Cultural Heritage, Media and online Publishing Industry.The dedicated team is composed of Andrea Pini (General Manager), David Pini (mobile programmer), Martina Buccafusca (market development). YOUR VISION The technologies of visual recognition have recently reached a maturity that allows exploitation on wide scale in applications of daily use. The combination between the real world and the digital information opens the way to numerous fields of application and of extreme interest for an unexpected target of user. YOUR MISSION Visual Engines has the skills and technologies to State of the art in the context of the automatic analysis and elaboration of images, therefore our mission is that to devise and to realize new products/services that use these technologies by applying them in order to satisfy in an innovative way old and new needs of the mobile user. YOUR PROJECT Visual Engines currently offers two products: VePAIR (vepair.visualengines.com) a visual retrieval engine to be used on large visual archives and VeMIR (vemir.visualengines.com) a SDK to build mobile applications. Moreover, to demonstrate the effectiveness of the technology in the daily use, and to propose new services, we are developing/developed various mobile apps:• For augmented contents and advertising: “Tirreno Social” recognizes the pages of newspaper “Il Tirreno” and links social contents, “Fashion+” recognizes images on magazines, commercials and physical items and trigger different options like taking you to the e-store, watching videos concerning the ad, finding the nearest stores, ... (watch our explanatory video on YouTube: https://youtu.be/_Csz8WW2hfE)• To smart access to cultural heritage and museums: “MMG-Museum Mobile Guide” an application smartphone for museums and temporary exhibitions, “The Treasures of Pisa” a scavenger hunt app that uses the visual recognition for hunting of images of the city (marker) and the totem poles like stages in order to place questions on the event or the city.At the moment the greater effort is of commercial type with the main target to acquire new customers, venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 200 of 211 especially for VeMIR SDK, our most innovative product. We are also looking for international partners and resellers. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS The company doesn't currently have a patent, but the know-how that the partners acquired is a form of protection against emulations and competitors trying to access Visual Engines markets with a similar offer. Furthermore, the fact that all the holders of specific knowledge about the technology are the partners of the company guarantees the commitment of all the proponents to a goal in common. COPYRIGHT Visual Engines proposes products and services based on technologies developed in-house, so they don't depend on others' copyright. MARKET SEGMENT (ESTIMATED VALUE, EUR) 100000000 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS The competitors for the big image archives are: Ideè, ImageRights International, GiniPic (Picitup), PicScout. The main competitors offering tools for the development of mobile applications based on visual recognition are: Aurasma/Autonomy, Metaio, Wikitude, Layar. COMPETITIVE ADVANTAGE Visual Engines visual recognition technologies are based on research results achieved in the last 10 years in the NeMIS lab of ISTI-CNR in Pisa and have an effectiveness (precision in the answers) and efficiency (velocity in the answers) comparable to the best competitors, and they have a better scalability than the competitors. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? We didn't raise any capital FROM WHOM? venerdì 2 ottobre 2015 We didn't raise any capital www.innovationitaly.it/en/ Page 201 of 211 Macro-sector Software Sector Software COMPANY NAME VMS ME WEB SITE http://vms.me/ REGION Lazio ACTIVITY CODE - Codice AT 619099 DATE OF INCORPORATION 25/07/2014 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EARLY STAGE VMSme, the fastest messaging technology for mobile, TV and pc. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM - Simone Giacco, Chief Technology OfficerSerial entrepreneuer, in the Olympus of the top 3% developers worldwide, with startup experience and clients in the 5 continents.- Luigi Fidelio, Chief Marketing OfficerMulti-awarded startupper, degrees in Political Science and International Relations at LUISS University in Rome, solid experience in Corporate Press Offices, study and work experience in Italy, Argentina, USA and Russian Federation.- Francesco Cosentino, DeveloperExcellent coding skills, Master degree in Computer Engineering in Turin. YOUR VISION People will use use TLC techonologies to exchange istantaneous and contentanchored communications YOUR MISSION To provide time-saving and easy-to-use communications technologies to people worldwide YOUR PROJECT VMSme redefines voice messaging: it is the instant messaging technology that allows people to exchange voice messages in just one tap, on mobile, TV and pc.3 exclusive competitive advantages:1) One-tap user experience (PCT application) to send voice messages in just one tap.2) Speech-to-text preview of every voice message.3) Ubiquity, to reach any recipient, including landlines and older generation mobiles.VMSme offers API, SDK and infrastructure to integrate the best voice messaging technlogy on TV and Broadcasters' apps.The project aims to provide time-saving and easy-to-use communications technologies to people worldwide. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS PCT application on the one-tap procedure to send voice messages in a single tap. COPYRIGHT MARKET SEGMENT (ESTIMATED VALUE, EUR) Telecommunications, mobile apps, TV apps, worldwide YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS Instant messaging apps COMPETITIVE ADVANTAGE 3 competitive advantages:1) One-tap user experience (PCT application) to send voice messages in just one tap.2) Speech-to-text preview of every voice venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 202 of 211 message.3) Ubiquity, to reach any recipient, including landlines and older generation mobiles. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 200000 FROM WHOM? venerdì 2 ottobre 2015 London-based, SEIS regulated fund www.innovationitaly.it/en/ Page 203 of 211 Macro-sector Software Sector Software COMPANY NAME WaterView s.r.l. WEB SITE www.waterview.it REGION Piemonte ACTIVITY CODE - Codice AT 62,01 DATE OF INCORPORATION 18/02/2015 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED SmartRAIN measures rain intensity from images taken in rainy conditions PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM We are friends, we are the inventors of the SmartRain technique and we strongly believe in its potential, we have complementary skills and backgrounds, we are accustomed to rigorous team work. We are:- Paola Allamano, Environmental Engineer and PhD in Hydraulic Engineering. CEO and R&D Manager at WaterView. - Paolo Cavagnero, Building Engineer and PhD in Water Management Engineering. IT Manager at WaterView.- Alberto Croci, Civil Engineer and PhD student in Environmental Engineering. Technical Manager at WaterView. YOUR VISION We see the rain as no one has ever seen it before YOUR MISSION We have developed the innovative SmartRAIN technique and the related products for providing people everywhere in the world with real-time, reliable and detailed information about rain intensity at a truly competitive cost. YOUR PROJECT The SmartRain technique is conceived for monitoring rainfall at a very high spatial and temporal detail. SmartRain will be the core of a cloud-based service for connecting imaging devices and creating reliable and low-cost rain gauging networks, able to support decisions in the presence of extreme weather events for security/civil protection purposes. SmartRain can also be exploited to create customized private monitoring networks for e.g., agricultural or amateur purposes.We'll offer, above all, a service of remote image processing and rain intensity calculation for pictures coming from clients' own hardware. Moreover, for clients without proprietary hardware, we'll also sell a webcam bundled with a pre-processing software. The service will be accessible via a web application; depending on the client, it will return instant rain intensities as well as historical records or integrations with third party weather data. SmartRAIN is suitable to be exported to mobile devices for involving citizens in rainfall monitoring activities. By fostering inclusion and participation, we’ll contribute to strengthen public awareness and risk perception among the population potentially exposed to natural hazards, in particular in developing countries, where standard measuring networks are extremely sparse, and smartphone penetration is increasing at very high rates. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS A patent application (n. TO2015A000029) has been presented to the Italian Patent Office on 13/01/2015 for a "Method for measuring an intensity of a meteorological precipitation, and device thereof". The patent is still pending. venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 204 of 211 COPYRIGHT Politecnico di Torino (copyright owner)Paola Allamano, Alberto Croci, Francesco Laio (inventors)WaterView (esclusive licensee) MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 25000000 0,01 The global market size for at ground rain gauging systems is of about 200 M€ (per year), deriving from the installation and maintenance of about 1 million rain gauges in the world. The main producers of meteorological instruments worldwide are: Vaisala, Campbell Scientific, OTT, Davis. Other possible competitors for WaterView come from the “smart sensing community”. Smart solutions for monitoring air and weather conditions (e.g. wind, humidity, pollution) have already been proposed and commercialized. However none of these sensors is conceived for rain rate. COMPETITIVE ADVANTAGE Our product is unique worldwide, being the outcome of an innovative idea conceived by the founders of WaterView. No industry exists that commercializes rain gauging products based on image processing techniques. SmartRain hence stands as a candidate for entering the market of at-ground rain gauging systems as the only low- cost, reliable alternative to tipping bucket rain gauges. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) up to 500.000 HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 20000 FROM WHOM? venerdì 2 ottobre 2015 From Regione Piemonte, as a grant for social and innovative startups and spinoff from public research www.innovationitaly.it/en/ Page 205 of 211 Macro-sector Software Sector Software COMPANY NAME Welikecrm srl WEB SITE www.welikecrm.com REGION Lombardia ACTIVITY CODE - Codice AT 62,01 DATE OF INCORPORATION 20/02/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT LATE STAGE Chorally: integrated Platform for Listening, Social Intelligence, Engagement and Advocacy PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM Fabio Castronuovo: CEO of Welikecrm has several years of experience in project management with extensive expertise implementing complex projects from both organizational and technical sides.Maurizio Mesenzani: Administrator of Welikecrm, Client Leader and PM in Strategic Management Projects, SocialCRM, Sales and Service Management and Organisational Development projects.Andrea Ferri: Stongly skilled in E-commerce, SEO, Online Advertising, Traffic and customer acquisition, Affiliation, Co-marketing, Web Marketing strategies, Online communities, Social Media, Digital PR.Kristian Vanberg is marketing consultant working with software vendors in order t to get product, strategy and messaging right. Services include R&D, market education and product-market strategy. YOUR VISION Our approach is tightly integrated with CRM, which we see not simply as a matter of customer operations, rather as a combined sinergetic vision incorporating Marketing, Sales and Assistance to produce a Customer Experience of excellence YOUR MISSION The main services are web listening and monitoring, web reputation analysis development and delivery of the Chorally platform as an integrated solution for social CRM management, digital channel management and e-mail interactions management. YOUR PROJECT The WLC offering is based on Chorally, a product developed during all the short life of the company. Chorally is an engagement platform for employees and customers/citizens that works across different channels, integrating and leveraging big data. Our software platform allows any employee of any entity to effectively engage with any customer/citizen across any channel: social media, chat, email or mobile applications through one unified solution able to manage historical data and make those available for further reuse. Using machine learning Chorally makes sense of big data, simplifying, accelerating and automating processes where possible, and providing relevant information where relevant.Moving beyond marketing and customer service, our data engine engages customers as well as employees in sharing relevant ideas, solutions and stories, creating a real community among customers and citizens, companies and government agencies. Most companies also suffer from tools fragmentation: many functions and business areas use different tools to manage and/or to integrate the same data, so our goal is to build a unified integration hub. With the Chorally platform we developed a language and device independent data and information management solution.The Chorally venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 206 of 211 platform is available in SaaS (Software As A Service) mode. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 PATENTS none COPYRIGHT none MARKET SEGMENT (ESTIMATED VALUE, EUR) 500 YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS ConversocialDimeloSprinklrAmplifinityDecisyonEptica COMPETITIVE ADVANTAGE Chorally is an engagement platform for employees and customers/citizens that works across different channels, integrating and leveraging big data. Chorally has the capability to integrate the following features:Listener – Listening from social channels (official and not official) and discussions on web/forums:Scoring - questions/users Classification (language independent), Sources/Questions/users Ranking, Expert Ranking, Influencers DetectionWorkflow & Collaboration – Management of users, state of questions, rules, knowledge base, alerting and communicationsEngagement – system for question forwarding on social channels.Reporting – for the reporting management on users, discussions, crossing burden and timingCampaign Manager – for the campaign management based on the generated list by the Scoring component.Advocacy and Gamification – for the management of customer and employees advocacy programs and business gamesChorally has the capability to be deployed in two - three weeks and it has Api’s to be integrated with legacy systems already in place and in public and private company. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 0 FROM WHOM? venerdì 2 ottobre 2015 nobody www.innovationitaly.it/en/ Page 207 of 211 Macro-sector Software Sector Software COMPANY NAME wiman s.r.l. WEB SITE http://wiman.me REGION Emilia Romagna ACTIVITY CODE - Codice AT 62,01 DATE OF INCORPORATION 12/12/2011 STARTUP DEVELOPMENT STAGE YOUR PRODUCT EXPANSION A mobile App reliant on the world's largest wifi crowdsourced database PRODUCT STAGE OF DEVELOPMENT PRODUCT YOUR TEAM the team consists of 13 people with heterogeneous skills and common interests working together with passion for the same goal. YOUR VISION We are building the world’s largest Wi-Fi community, made of users who share their own wifi networks with the wiman community in order to get access to the other shared wifi. Moreover, users can share their experience about wifi networks they connected to, making wiman the most accurate crowdsourced wifi database. YOUR MISSION Simplify Wi-Fi access worldwide by helping people easily find and connect to all open Wi-Fi networks all around the world. YOUR PROJECT wiMAN was founded in 2012 with the aim of simplifying Wi-Fi access in public places, making it “social” by removing lengthy registration forms: users can easily connect to Wi-Fi using their Facebook or Google profiles and navigate for free. This service takes place through a pre-configured router supplied to small businesses who want to provide free Wi-Fi to their customers in a safe way.We are now developing some interesting projects in partnership with Telecom Italia.In 2013 we launched a mobile App to further simplify Wi-Fi access, allowing users to get automatically connected to wiMAN networks. After the excellent results, on March 2015, we decided to release a new version which lets users share their own Wi-Fi networks with the wiMAN community without the wiman router and get auto-connected to every open wifi worldwide.wiMAN was awarded by Google as one of the 18 most beautiful Apps of 2015 and it was included in the “Best-In-Class Android Design” section. It has reached 2 Million downloads in just 4 months. NUMBER OF EMPLOYEES 11 to 25 TURNOVER (EUR) up to 250.000 PATENTS no patents so far COPYRIGHT Our social wifi login process protocol has been registered at SIAE in 2014. MARKET SEGMENT (ESTIMATED VALUE, EUR) 14.8 Billion YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS venerdì 2 ottobre 2015 wifi.com (wifi master key)instabridge.comhttp://opensignal.com/ (wifi mapper) www.innovationitaly.it/en/ Page 208 of 211 COMPETITIVE ADVANTAGE The app comes pre-loaded with a database of about 30 Million WiFi - also available for offline browsing - tested and rated by the wiMAN community (2M users so far). HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 1 mln to 3 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? $1M FROM WHOM? venerdì 2 ottobre 2015 Angel: Matteo Riffeser Monti Nana Bianca: http://nanabianca.it/?lang=enTim Venture: http://www.timventures.tim.it/P101: http://www.p101.it/Cii2: http://www.cii2.com/ www.innovationitaly.it/en/ Page 209 of 211 Macro-sector Software Sector Software COMPANY NAME WINA SRL WEB SITE http://www.wina.it REGION Lombardia ACTIVITY CODE - Codice AT 71.12.2 DATE OF INCORPORATION 08/05/2013 STARTUP DEVELOPMENT STAGE YOUR PRODUCT SEED WINA brakes actual paradigms for blind people overcoming present limits. PRODUCT STAGE OF DEVELOPMENT PROTOTYPE YOUR TEAM - ROMANO GIOVANNINI (biomedical engineer) - PROJECT MANAGERTelemetry experience in Formula 1 (Sauber and Toyota) and expertise developing and programming smart home / building automation technologies.- GIUSEPPE PINNA (software architect) - expertise with database and smart home / building automation protocol and smartphone human interfaces.- STEFANO MILICI (Biomedical Engineer) - expertise with software protocol development and design, prototyping and test antennas.- AMBRA ESPOSITO (Biomedical Engineer) - expertise in firmware development and electronic circuit design.GIACOMO DOLFI (designer architect) - expertise in ergonomic shapes for devices and innovative materials. YOUR VISION Realize innovative, powerful and useful systems for help people with disease (and elderly people) to be even more involved in social life, increase the selfesteem and become more independent at home or, in general, in any other known or unknown public areas. YOUR MISSION Help disease and elderly people to be more autonomous during their daily life: at home (well known environment) and in public areas (unknown environment), finding path ways, preferred objects, services available, avoid obstacles or in general, to help them to understand how and what the world offers around them, everywhere. YOUR PROJECT WINA (Wireless Indoor Navigation Aid) is an innovative, dynamic and powerful (hardware and software) solution for help visual impaired and elderly people to find objects (like chairs, doors, windows, curtains, stores, home keys, etc.), people available around them and get the real-time information about the best way to reach them autonomously, avoiding obstacles.When the user enter inside an area covered by the WINA system (WINA Area), he could easily ask what he needs, using his WINA PAD device or his mobile phone, through the WINA APP installed on his smartphone.Each WINA Area has many electronic active WINA tags, from a few tens to a some hundred, to identify the objects available for the users, including their status (open/close, out of order, etc.)These WINA Areas could be heterogeneous: from train/metro station, to airports, restaurants, etc.) crossing Countries.Based on user preferences, the WINA system dialogs with the users using voice recognition, voice speaking, pressing buttons, with buzzer sound or vibrations. NUMBER OF EMPLOYEES up to 10 TURNOVER (EUR) up to 250.000 venerdì 2 ottobre 2015 www.innovationitaly.it/en/ Page 210 of 211 PATENTS - nr. 1 italian patent pending "SISTEMA DI AUSILIO PER IPOVEDENTI O NON VEDENTI"- nr. 1 PCT patent pending for the "BLIND PEOPLE AND LOW VISION PEOPLE AID SYSTEM"It is an innovative system aid for help blind and visual impaired people to be more autonomous during daily life. COPYRIGHT WINA name and logo European trademark registration done MARKET SEGMENT (ESTIMATED VALUE, EUR) YOUR MARKET SHARE ONE YEAR FROM NOW YOUR COMPETITORS 900M€ 1% (onepercent) of the market. - Other startups using different approach to solve the problem;- Universities using different approach to solve the problem;- Companies already in the market are using RFID and or WIFI system to solve the problem. COMPETITIVE ADVANTAGE WINA is a breakthrough technology:1) the environment map is part of services (not pre-charged), calculated and communicate in real-time to the user, when requested;2) the precision, in range of centimeters;3) the z-axis information, in range of centimeters. HOW MUCH CAPITAL ARE YOU LOOKING FOR? (EUR) from 500.000 to 1 mln HOW MUCH CAPITAL (EUR) DID YOU RAISE TO DATE FROM EXTERNAL SOURCES? 260000 FROM WHOM? venerdì 2 ottobre 2015 - nr. 1 private business angels (share 10%);- nr. 1 private business angels (share 10%);- nr. 1 VENTURE CAPITAL Company (share 10%);- winner of the contest "dall´IDEA all´IMPRESA", from COMO NEXT and COMO Commercial Chamber www.innovationitaly.it/en/ Page 211 of 211