Photo - WIDER
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WIDER

Mobile Multimedia System - immersive interactive solution

Ukraine, Kyiv city
Market: Information and media, Computers, office equipment, Education, training, Entertainment, Telecommunications
Stage of the project: Operating business

Date of last change: 20.02.2020
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Idea

All-in-one multimedia solution with 123" interactive seamless unbreacable screen.
Multifunctional features for different industies and businesses.
Laser technology based projection monoblock with panoramic soft screen with programable lighting contour, powerfull PC and stereo acoustic inside - for education and R&D, corporate and government monitoring, entertainment areas
Provides a complex network projects and rental services for business and entertainment events.

Current Status

Pre-seed and seed rounds 400k$ complete,
Since 2017 sales in Ukraine, Kazakhstan, Azerbaijan and Poland, events in India, Germany, France are serviced.
Won the competition for state financing of innovative projects for serial production - 600k$.
R&D, serial production and main office in Ukraine, representives offices and parts assembling in Europe (Wider Poland), Wider USA

Market

Portrait of customers:
- IT-integrators, distributors of IT and enterprise solutions;
- univercities, medicl clinics, corporate business, government institutions, municipality, trade and entertaiment centers;
- event agencys, software developers, designers, architectors.
directors, department leads - male/female age from 30 to 60 years old.
Tens of thousands hypothetical customers on market.
Local market growing up to 47% every year because our production and activity presence here. Total global market of multimedia equipment and videowalls - more then 73B$. First steps for global market expantion are in process, releasing first international projects.

Problem or Opportunity

1. Monitoring and Dispatching
Clear full-fledged display of elements of various systems with the indication of parameters - video cameras, detectors, engineering infrastructure, unmanned ground and flying vehicles. Ease of perception of dynamic changes and a seamless panoramic screen allow you to track detailed relationships between elements and systems without loss. Wider is an easy-to-mount and wall-independent construction, with the ability to move in working order.
Wider’s monoblock concept allows you to quickly organize monitoring headquarters and control panels even in small rooms without additional interference in the engineering infrastructure.
2. Education
The main problem of modern education is the lack of convenient visualization tools. Existing solutions currently used (boards, smart boards, projectors, TVs) - low-performance, not easy to use, equipment fragmented, multiple devices required at the same time (projector + laptop), difficult to install, usually requiring intervention engineering infrastructure of buildings. Wider is a team-based device that makes it easy to pick up information and help raise children's attention to learning.
The effect of immersing and learning new material in panoramic display, the ability to connect a large number of accessories - VR, drones, robots, microscopes and telescopes, mobile devices, 3D printers, all this functionality will not leave any child indifferent. And the whole learning process will generally make it much more interesting and more exciting.
Our customers:
- Government/municipal organisations, ministers, administrations
- events with politics - major of Kyiv, President, Prime minister, deputies
- Financial - bankers events
- Corporates from TOP-500 - RedBull, PepsiCo, Cisco, VW, LandRover, YouTube and other
- Univercities and schools
- Software developers

Solution (product or service)

Multivisor Wider - a projection monoblock with a panoramic screen and active equipment on board.
Laser display technologies provide high clarity and contrast of content, a built-in powerful computer and stereo speakers allow you to inform and sound both small classrooms, as well as halls and exhibition complexes. Panoramic seamless screen provides high-quality visualization of big data and complex objects, adapted for binocular perception of information. Contour dynamic backlight attracts attention, focuses the viewer on the most important elements, can serve as an indicator of various events displayed on the screen. The multivisor is made in the form of a mobile structure, it is easy to assemble and disassemble, transported in a special transportation case. Compared to any other analogues and similarities, Wider has advantages in quality performance, configuration and functionality. Projection technology is safe for vision compared to plasma and LED technology for prolonged use. Longer use and safety during transportation and operation, optimized energy consumption, significantly reduces the cost of operation.

Отсутствие удобного, мобильного средства для высокоинформативных панорамных презентаций и работы с большим объемом данных , неудобоство использования других решений ( монтаж, перевозка, эксплуатация) их ограниченный функционал и высокая стоимость.

Competitors

Our solution does not have direct competitors in the market. Because all vendors provides seperatly elements (projectors, TVs, screens, PCs, acoustics etc.). If we talk about alternatives, these are LED screens, video walls, projection cubes, which, in turn, are not convenient, not mobile, their electricity consumption and cost are several times higher, and installation requires intervention in the engineering infrastructure of buildings.

Advantages or differentiators

The Wider multivisor is made in the form of a mobile structure, it is easy to assemble and disassemble, transported in a special transportation case. Compared to any other analogues and similarities, Wider has advantages in quality performance, configuration and functionality. Projection technology is safe for vision compared to plasma and LED technology for prolonged use. Longer use and safety during transportation and operation, optimized energy consumption, significantly reduces the cost of operation.

Finance

Сurrent Сompany Valuation $5 000 000
Total Amount $2 700 000
Proposed share 54,0%
Amount (cash in) $1 200 000
Share 24,0%
Amount (cash out) $300 000
Share 6,0%
Discount factor 0,87
ROI 247,7%
DPP 2,10
NPV $7 186 266
IRR 75,8%
PI 657,2%
NPV discounted to end of Year 4

Money will be spent on

1. Development of new transport cases - formation of two-piece sets, separately for designs with fabrics and fixtures with tools, monoblock with electronics and peripherals. The two-piece case should be of such a large size that it is possible to move and load each section by one person. After transportation and unloading from the cases content of both sections, the case is joined in one design in the form of a mobile desktop for placement of peripherals, with recessed recesses and sockets for power supply.
2. Participation in exhibitions and presentations
Participation in world-wide thematic exhibitions will attract attention
leading players in target markets, which will increase the customer base, sales of the company's products and will allow you to raise additional investment.
Participated in the following exhibitions:
E3 (USA, 05-15. 06.2020), GITEX (UAE, 3-15.10.2020).
presentations are provided for the following companies:
Panasonic HQ, Kokusai Koguya, Ayonix and Google HQ, Facebook HQ, Cisco HQ (US, within dates)
trips to the E3 exhibition.
Participation in exhibitions and presentations will result in sales growth and entry into new markets and attracting investment.

Team or Management

Incubation/Acceleration programs accomplishment

Participation in the program Startup Kitchen

Won the competition and other awards

Sikorsky Challenge 2015 winner
TOP-10 Ukranian Hardware Startups 2016
CES-2017 Ukrainian booth represantive participation
Technical sponsour of Kyiv City State Adminstration on MIPIM exhibition
RedBull Ukraine strategy event-partner

Invention/Patent

Patent of invention №116700, patent of useful model №131555

Product Video

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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