30327
Life without cables
Ukraine, Chernihiv region
Market: Electronics, Power Engineering
Stage of the project: Prototype or product is ready
Date of last change: 19.07.2018
Market: Electronics, Power Engineering
Stage of the project: Prototype or product is ready
Date of last change: 19.07.2018
Min investment
$ 25.000
$ 25.000
Idea
We develops a one-type-fits-all cable-free power system for home devices, that eradicate the need for cables, plugs, and adaptors.
Current Status
We have working prototype and provisional patent.
Market
1. A mobile wireless charging market going to grow to $4B in the US by 2022.
2. A car and vehicle wireless charging market going to grow to $2B in the US by 2022.
3. A wireless charging for home consumer electronics.
We expect to be market-ready in the next 12 months with a high-speed wireless charger for mobile devices. In the next 5 years Meredot will continue to deliver a line of products for contact-free powering of different types of electronics including consumer electronics, electric cars, drones & robotics.
2. A car and vehicle wireless charging market going to grow to $2B in the US by 2022.
3. A wireless charging for home consumer electronics.
We expect to be market-ready in the next 12 months with a high-speed wireless charger for mobile devices. In the next 5 years Meredot will continue to deliver a line of products for contact-free powering of different types of electronics including consumer electronics, electric cars, drones & robotics.
Problem or Opportunity
People has the necessity to carry different cables and adapters for each device, search for available sockets, and continually plug and unplug portable devices and desktop appliances.
Solution (product or service)
The one-type-fits-all cable-free power system for home devices. Meredot eradicates the need for cables, plugs, sockets and adapters.
Competitors
Powermat - https://www.powermat.com/
Energous - http://energous.com/
Energous - http://energous.com/
Advantages or differentiators
Better wireless energy transmission efficiency. Its mean we able to charge wirelessly with the same speed as cable. And no overheating of the device.
Finance
Providing to companies B2B licensing and getting royalties 3 - 6 % will be easy entering us to the market.
Business model
Big mobile electronic manufacturers are our key partners and our business model split in two directions:
1. Licensing for B2B, providing rights to use Meredot technology we get 3 - 6% profit from wireless charger sales.
2. OEM partnership, we develop a wireless charger module for using by different companies in their applications. Manufacturing and wholesale the product for B2B with a 30% margin.
1. Licensing for B2B, providing rights to use Meredot technology we get 3 - 6% profit from wireless charger sales.
2. OEM partnership, we develop a wireless charger module for using by different companies in their applications. Manufacturing and wholesale the product for B2B with a 30% margin.
Money will be spent on
60% - R&D
15% - Organisational expenses
15% - Legal services & IP
10% - Marketing, B2B deals support
15% - Organisational expenses
15% - Legal services & IP
10% - Marketing, B2B deals support
Offer for investor
100k - 10%
Team or Management
Risks
Competitors can copy our hardware solution.
Incubation/Acceleration programs accomplishment
April - July 2018 Israel acceleration program - MassChalange.
Won the competition and other awards
Got a second place at Emerge conference in Minsk.
Product Video
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