8 Lessons From the Hoverboard Craze // Cyril Ebersweiler, HAX [FirstMark's Hardwired]
Hax s4-rational-robotics
description
Transcript of Hax s4-rational-robotics
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Ashley Reddy, Co-Founderwww.rationalrobotics.com
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Bringing robots from
factory floor the shop floorto the
RATIONAL ROBOTICS
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1. Place the part on the
sliding bed
2. The robot scans then paints it
3. The part is ready
PAINT ROBOT 1
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1. Scan in 3D
2. Optimize tool path
3. Paint
HOW IT WORKS
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industry$41 Billion
116,000 auto body shops in US
Positive ROI in 6~8 months
Possible “Robot as a Service” for recurring revenue
MARKET
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▪ Cheaper
▪ Simpler
▪ Precise
▪ Safer
▪ Tireless
▪ Compact
▪ Greener
Labor costs savings
Uniform coating, including Matte Black
Easy setup & operation
No exposure to chemicals
Paints 24/7
Saves space
Uses less paint
ADVANTAGES
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▪ Market consolidation (several chains with 500+ locations) !
▪ Increasing labor costs (esp. safety liability) !
▪ Growing environmental concerns !
▪ No offer for high quality at low price
FAVORABLE MARKET FORCES
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Usable prototype done (paints real parts)
Distribution agreement with Endura Paint (durable paint)
Setting up a factory to paint car parts in Canada
CURRENT STATUS
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▪ 20+ years experience
▪ Multiple Startups
▪ Patents
▪ Former Yahoo! (Geocities)
Ashley Reddy Dr. Mark Fiala Dharmend Padayas
TEAM
Co-founder Robotics Business
Co-founder Software
Co-Founder Industry
▪ 20+ years experience
▪ Multiple Startups
▪ Patents
▪ PhD in Comp Sci
▪ 20+ years experience
▪ Involved in the industry
▪ Owner Operator
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▪ Disruptive product
▪ Clearly defined opportunity
▪ Experienced team able to execute
SUMMARY
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EQUITY INVESTMENT ($500K)
WE ARE LOOKING FOR
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REMEMBER: WINTER IS COMING…
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