Photo - Infrared heating systems
29697

Infrared heating systems

Ukraine, Kharkov region
Market: Production, Building, Another
Stage of the project: Operating business

Date of last change: 16.08.2018
Min investment
$  5.000
0
Total required
$ 100.000
Rating
equalizer 225 из 1000
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Idea

We are looking for an investor for our production in Ukraine. The purpose of the development of the dealer network in Europe. At the moment we are represented in Poland (Warsaw) Stimtalux Spolka Z O.O. and Germany (Hannover) InfraRed24 GmbH. And also looking for opportunity access to the markets of the USA and Canada.

Current Status

Warm Company is a manufacturer of glass-ceramic and metal infrared heaters.
They can be used in bathrooms, flats or in industrial plants. There is now a great deal of interest in this modern infra-red heaters, because it is the most economic, effective, safe, aesthetic and environmentally friendly heating. Our panels are perfectly compatible with solar panels & systems, as well as wind generators.

 We have 50 models of heaters, which will allow your customers to match the right one.
 Ultra-thin glass ceramic and metal heaters will be great for interior design.
 There is a possibility of individual selection of the image on the heater without additional costs.
 Our EU warehouse is in Warsaw, and its condition is constantly maintained.
 There is a firm distributor in Germany (Hanover)

Our products are EU certified. Warranty 5 years.

Market

Our client is -
Man / Woman, age from 25 to 65.
Living in cottage and private houses, or panel houses with expensive central heating.
Customer requirements: beauty, ecology, energy efficiency.
A new kind of client - owners of trailers and yachts, wishing to extend the rest time and in the cold season.

Problem or Opportunity

We are looking for an investor / investors interested in the subsequent sale of our goods to the market of Europe and the world. Working capital is needed to increase production. Our production facilities require the expansion and renovation of the fleet of equipment.

Solution (product or service)

Our product provides multiple savings of money to your customer due to increased energy efficiency. Infrared panels are perfectly compatible with solar panels and wind generators. Clients who is trying to get rid from standard central and gas heating, receive significant savings at initial and operating costs.

Competitors

Several competitors on the Ukrainian markets with old technology but with big production capacity.
In the European market, competitors are in our spectrum of manufactured products and on the same level of quality. However, the price policy of competitors is more expensive several times (in a 4-8 times)

Advantages or differentiators

Our product is more energy efficient, has a lower purchase cost, is stable in operation. The materials used in the production of our heaters are ecological, non-toxic, more durable. Outgoing power and efficiency exceed similar in meaning products from competitors.

Finance

common sales expectations
2018 - 300 thousand US dollars
2019 - 780 thousand US dollars
2020 - 1,1 million US dollars
2021 - 1,5 million US dollars
2022 - 1,9 million US dollars

Business model

will be discussed with investors

Money will be spent on

Two machines will be bought, the production areas will be expanded, an additional set of working personnel will be held, a complex advertising company will be launched.
Scheduled trips of senior staff for potential large distributors in Europe.
The funds will be spent to increase the purchase of components for production. Formation of a stock of finished goods.

Offer for investor

This issue is discussed at a personal meeting with the investor

Risks

Quite a lot of competitors with large inventory balances

Incubation/Acceleration programs accomplishment

this is our first trying in startups

Won the competition and other awards

We participate in exhibitions such as AquaTherm in UA and Poland, this year was on WorldBuild Kyiv

Invention/Patent

All of our products are patented in Ukraine
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video