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Yesterday morning, I was over at The Science Museum in London which had been taken over for Startupbootcamp IOT Demo Day, where Nine startups pitched to a room packed to the rafters with over 300 potential customers, investors and partners in attendance.
I have been a supporter of Startupbootcamp IOT for some time and attended last year’s demo day, which was also a fantastic event, however the bar was raised even higher this year.
New partnerships and milestones were announced by a number of startups, including the first paying customers for AgTech startup Mothive and three pilot programs secured by Smart Warehousing startup Sonodot.
The IoT startups were selected from over 350 applications, and the nine successful teams showcased work from across a broad range of Industrial, B2B and high-impact applications, from smart buildings and agriculture to machine automation.
Responding to the shift in consumer, business and investor attitudes away from consumer IoT applications towards more industrial ones, Startupbootcamp IoT is one of the few growth programs currently supporting B2B and Industrial IoT startups. In its recent three-month program, nine such startups have been able to call upon the knowledge of industry experts, corporate partners and mentors to help them validate, build and grow their business.
The majority of the startups have already secured their first pilot testers, with many able to announce new partnerships and paying customers at the event. This included the news that:
Odyssey Sensors – who are developing a water monitoring solution called TankSentry – have secured the first 20 orders for their product.
Sonodot – a smart warehousing solution – will be launching three pilot programs in the coming months across 3 different sites in Europe.
Mothive – a precision agriculture startup – acquired their first paying customer in Italy following a successful pilot program with Berry Gardens, the UK’s leading berry producer.
Founder and CEO of the program, Raph Crouan, commented: “Now in our second year, and with a real focus on supporting more industrial and B2B IoT startups, I’m delighted to see just how far these nine startups have come in just three months. Compared to last year’s program we’ve been working with slightly later-stage startups, all of whom are successfully uniting software, hardware and IoT technology to build the enterprises of the future.”
The following nine startups pitched during the day:
HUDlog has created the Atlas One – a Head-Up Display unit to help correct expensive and dangerous commercial driving behaviour in real-time, whilst reducing a fleet manager’s operational costs around fuel and insurance.
Internet of Trees (Honduras)
Internet of Trees has developed the Fire Ranger – a connected module that attaches to a tree to detect smoke, fire, air humidity, and temperature variations in a forest. If a fire is detected forest managers and firefighters are alerted immediately via a mobile app or SMS.
Mothive combines easy-to-install field devices with cloud-based predictive models in order to generate real-time farming recommendations and alerts for high-value fruit and vegetable growers.
Odyssey Sensors (UK)
Odyssey Sensors has created TankSentry – an out-of-the-box device that allows farmers to remotely monitor water points around their farms. Via their mobile app and dashboard, TankSentry alerts farmers to any issues in their water tanks or troughs as soon as they occur.
Squad Robotics (Latvia)
By connecting its asset performance monitoring system to floor cleaning machines and installing its marker-based system in a building, Squad Robotics is converting existing machines into autonomous ones.
Through plug&play indoor sensors, Sonodot allows warehouse managers to track their forklifts in realtime and thus increase the safety and efficiency of their material handling operations.
Storybot is a screen-free game-ball helping children mix physical, social and digital play. By grabbing Storybot in their hand, every child is encouraged to move their body, use their voice and play with their imagination in order to complete a set of quests at home, outside or with friends and family.
ThingBlox provides OEMS and developers with a complete communication module that is 100% secure. Simply plug ThingBlox into a connected device and each one will have secure wireless connectivity, hardware based authentication, and automatic mass provisioning.
Thanks to their long-range RFID tags in a user’s ID card, unifi.id gives building managers unprecedented insight and control over when and where every individual is in their buildings.
Having emerged from Startupbootcamp’s program, each team will now aim to capitalise on the attention they received at Demo Day, with many looking to raise a Seed round in the coming months to continue their progress.
I applaud the work that Raph and the Startupbootcamp IOT team do in identifying, accelerating and championing the most promising IOT startups in the world and one thing is for sure, the UK is very much a hotbed for IOT.
If you are an IOT startup I would strongly encourage you to apply to sbcIOT as it is a program that has impact and makes a difference.
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