Look back at #DemoNightLx in July 2023
Amutri, E2S and ProprHome share their ideas for your feedback and insights.
Presenting their innovative products and seeking funding at #DemoNightLx this month include Amutri (3D file conversion), E2S (low carbon technologies, forecasting tools for hospitals), and ProprHome (blockchain-based real estate marketplace).
📺 Rachel Sestini and John Gale discuss their startup backgrounds, followed by the first demo presentation with a Q&A session.
Rachel Sestini and John Gale, both experienced in startups and entrepreneurship, discuss their backgrounds and involvement in the startup community, with Rachel being the CFO in Residence at Canopy Community and John having worked in mergers and acquisitions before becoming a consultant and advisor to startups.
The first demo will be presented, with the presenter given five minutes for their demonstration and a subsequent Q&A session, and they express readiness and enthusiasm for the task.
The expert panel this month included Pedro, John, Rachel, Stew. Connect with them via https://linktr.ee/canopy_inresidence
💡 Michaels company Amutri automates the conversion of complex 3D files into high-quality assets, simplifying rendering and reducing manual labor, while a web-based visualization tool eliminates the need for skilled artists and aims to capture a significant market share in the next three years.
Amutri automates the process of turning complex 3D files into renderable high-quality assets, saving time and effort for 3D content creators.
The speaker discusses a rendering solution that simplifies the process of preparing CAD data for rendering and presenting it in a high-quality front end on the web, eliminating the need for manual labor and dealing with the complexities of engines like Unreal Engine.
Convert low-quality CAD models into high-quality 3D assets for virtual reality and other platforms, automating the process and fixing geometry issues.
A web-based 3D visualization tool has been developed that simplifies the process, eliminates the need for skilled artists, and reduces costs, making it accessible to a wider market.
The company is closing a fundraise and has received a grant to enhance their products, aiming to capture a significant portion of the market within the next three years.
There is potential for using visualization in accounting and insurance, such as visualizing office spaces.
📝 The speaker emphasizes the importance of showcasing team expertise and revenue projections, discusses the need to streamline CAD and Bim file preparation, explores creating subscription offerings, highlights the potential of digital twin technology, and sees AI as an opportunity.
The speaker discusses the importance of highlighting the expertise of their team and suggests presenting revenue projections, while also mentioning that they have early product revenues and feasibility paid visibility from trials and proof of concepts.
There is a need to speed up the process of preparing CAD and Bim files for rendering, and the question is whether Fix should be a drag and drop solution or a plugin, while also considering the features needed for online and enterprise versions of the product.
The speaker discusses the ambition of creating a set of subscription offerings for their product, which aims to turn an expensive service into a cost-effective automated solution, with a focus on building modeling and energy applications.
The speaker discusses the potential of digital twin technology and connecting virtual models to real-world assets, emphasizing the accuracy and rapid response it offers, and sees AI as a significant opportunity rather than a menace.
AI can be used in the processing of 3D CAD geometries for visualization and in generative AI for high-quality architectural renderings, which will increase the robustness of products and enhance architectural visualization.
Stick to the hour and be ready for questions in the last five minutes.
📊 Energy managers face challenges in transitioning to low carbon systems, but e2s aims to provide decision support and integrate low carbon technologies into buildings and facilities, with plans to expand sales, reach the market, and raise funds in the next six months.
Many countries, including the UK, have committed to reducing carbon emissions from buildings and facilities, which account for over 20% of the UK's total emissions, by implementing new renewable and low-carbon technologies, creating a complex and dynamic energy system that will require management.
Energy managers face challenges in transitioning their current energy systems to low carbon systems due to financial constraints and rising energy bills, and e2s, a spin out company from Cardiff University, aims to provide decision support and integrate low carbon technologies into buildings and facilities.
Lyra is a software platform that aims to aggregate tools for quick decision making in facility and age management, with plans to expand sales, reach the market, and raise funds in the next six months.
Support tools are being developed to aid in decarbonizing energy systems in public estates, with features including automating data analysis, energy cost forecasting, recharging tenants, optimizing energy assets, and integrating low carbon technologies, all available as a software as a service solution.
Developed an automated energy consumption and cost forecasting tool for Rotherham Hospital to address uncertainties in energy prices, allowing for monthly budget updates and easy access to graphs and CSV files for financial planning.
The speaker discussed the implementation of a service in Rotherham and their plans to expand their customer base and raise funding for continued operations.
📈 The speaker presents a forecasting tool for hospitals to plan budgets and assess risk, seeking introductions for potential customers and projects while addressing compliance concerns and the reluctance of publicly traded companies to invest in projects that impact earnings, with plans to extend the technology to the private sector and capture a significant portion of the market.
The forecasting tool helps a hospital plan budgets and assess the risk of breakdowns for on-site generation assets, allowing for quicker establishment of business cases for future improvements.
The speaker is seeking introductions for potential customers and projects to embark on a journey towards progress and financial support, while addressing concerns about the impact of compliance regulations on publicly traded companies.
The speaker discusses the overcrowded ESG Consulting space and proposes a tool to help energy managers take action and make initial savings without the need for consulting, addressing the reluctance of publicly traded companies to invest in projects that may impact quarterly earnings.
The speaker plans to extend the application of their technology from the public sector to the private sector, starting with proof of concept and demonstrations in the public sector before moving on to commercial and industrial applications.
The company is targeting the public sector, specifically large facilities with combined heat and power plants, and aims to capture a significant portion of this market by onboarding customers, aligning their data streams, and offering different product features at various licensing levels.
The speaker discusses the need to quantify the size of the market and consider addressing both private and public sectors for their product, despite the challenges of getting into the public sector.
🏢 ProprHome is a prop Tech startup using blockchain technology to create a trusted real estate marketplace, grading professionals based on customer check-ins and rewarding them, and seeking funding to expand across Europe and the UAE, with plans to incorporate AI and blockchain for document management and digitized land registry.
The speaker expresses gratitude for being included in the event and mentions their appreciation for familiar and unfamiliar faces in the audience.
Proper Home is a prop Tech startup focused on enabling a more trusted real estate experience by utilizing blockchain technology and tokenization in the residential marketplace space.
Developed a Marketplace for real estate professionals and property developers to create a verifiable profile, gain rewards for verified assets and expressions of knowledge, and promote empathy.
We grade professionals based on customer check-ins and reward them accordingly, while also token gating premium exposure space on the platform for the most engaged and valuable professionals, resulting in 9000 agents using the platform.
A team based in Lisbon is launching a platform in the local market and seeking a capital round of two million euros to expand across southern Europe, the UK, Ireland, and the UAE, with plans to create a gamified space that promotes engagement in the off-plan space.
Unearthed an opportunity for Off plan marketing of plant homes and together with a mood tree and a metaverse platform in New York, they have created a link on the Off plan properties where customers can access the property in Avatar form, walk around it, and experience it in real time, facilitating sales through a non-custodial wallet connected to a neo-banking wallet that can facilitate various cryptocurrency transactions, and they plan to incorporate AI and blockchain for document management and digitized land registry in the future.
💼 Having a strong team and focusing on business information is important for impressing investors; the company generates revenue from various sources and is considering expanding to Dubai, while also utilizing Portugal's high density of real estate agents to filter out unqualified agents and provide value to less saturated markets.
The speaker suggests that having a strong background and a balanced team is important for impressing investors, and recommends focusing more on business information rather than product information in a presentation.
The company generates revenue from various sources including subscription fees, partnerships with Vodafone and insurance companies, transaction fees, design fees, and charging real estate agents for virtual sales opportunities.
The company is considering expanding to Dubai due to the strong adoption and awareness of their services, despite potential regulatory constraints, and sees Portugal's inefficiency as an opportunity to excel in other markets.
There are similar offerings in the visualization industry, but this company has a unique approach and is well-positioned to capitalize on opportunities.
Portugal has a high density of real estate agents, making it easier for the platform to filter out unqualified agents and provide value to less saturated markets, although the speaker is reconsidering due to tax bills.
Real estate agents can join the platform to create a digitized CV of their performance, while property owners benefit from the transparency of blockchain technology, preventing manipulation and providing full visibility of offers.
📢 DemoNight provides feedback to startups to prevent them from building unwanted products, with diverse expert perspectives; Web Summit in November, buy tickets, vacation break in August, interesting event hinted in November.
The purpose of DemoNight is to provide feedback and new thoughts to startups in order to prevent them from building products that no one wants or needs, with a diverse panel of experts from different backgrounds offering different perspectives.
Web Summit is coming up in November and the speaker encourages viewers to buy tickets, mentions a vacation break in August, and hints at an interesting event in November.
#DemoNightLx is the 3rd Wednesday of each month
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