R RESPONSES E V O C{programName: '9th Edition - Nordic ...€¦ · consumption of LED lighting in...

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{programName: '9th Edition - Nordic Cleantech Open'}

RESPONSES

BASIC INFORMATION

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1. Company name *

Laava Tech

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2. Country *

ONLY companies established in one of the Nordic or Baltic countries are welcome to apply.

Estonia

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3. City *

Viimsi

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4. Address *

Kanarbiku tee 11-8

- 9th Edition - Nordic Cleantech Open

https://www.f6s.com/laavatech

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5. Website *

laavatech.com

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6. Phone *

+37258003459

TELL US ABOUT YOUR COMPANY AND YOUR BUSINESS MODEL

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7. Foundation year *

Sep 1, 2017

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8. Cleantech Segment *

In simple terms, cleantech products and services contribute to: - Reduce or eliminate

environmental harm, for example by pollution prevention and control, reduction of greenhouse gas

emissions or unsustainable/inefficient use of natural resources - Bring environmental benefits, for

example by protecting healthy ecosystems or improving the productive and sustainable use of

natural resources

Agriculture - forestry, foodtech, aquaculture and fishing: land management, soil health detection,

precision farming machinery and equipment, manure management

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9. Sub-Segment / Focus Area *

Please specify or clarify the area in which your company is working on. Examples: Green Building,

Smart Grid, Food Tech, Circular Economy, Smart City, Internet of Things (IoT), etc.

Energy consumption decrease in indoor farming lighting

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10. Tell us about the problem you are solving and why it is important. *

We have developed technology, a combination of hardware and software, to optimize the energy

consumption of LED lighting in indoor farming. It's important because lighting, together with climate

control, uses up to 98% of the energy consumed in indoor farming. Our technology decreases energy

consumption by up to 90% compared to old lighting technologies and from 50 to 75% for LED grow

lights.


http://laavatech.com

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11. What do you do in detail? *

What is the core product and/or service that the company offers, and how do you do it? Write a

summary of your business model.

We offer lighting as a service and charge a monthly fee for the customer. They get access to LED grow

lights, a software to control the light network, and a database of optimal growing conditions for

various plants at each stage of their growth. The product consists of three parts: the LED grow light

(we are currently manufacturing them ourselves, but looking for a manufacturing partner), and

control unit and a microcontroller (proprietary), and a software (proprietary).

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12. What is innovative about your idea? *

What is the unique aspect of what you offer? What is your competitive advantage?

Our competition concentrates on increasing yield, whereas our concentration is in energy savings.

However, in some cases our technology can also increase yield while still maintaining superior energy

efficiency.

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13. How does your technology or solution work? *

Please provide an explanation on how your solution works and what is special about it.

The LED grow lights are controlled via the control unit and microcontroller installed in each light, and

the input is provided via the software remotely. We have two advantages - the first one is related to

how efficiently the power supply operates, meaning how efficiently power is converted to photons

instead of heat. The second advantage is being able to manipulate the photon sequence to match

the capacity of each plant to take in light.

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14. Application areas *

Where can the solution be applied? What specifics are needed for the solution to be applicable?

Indoor farming of for example vegetables, leafy greens, microgreens, insect protein, cannabis, etc.

Later on also greenhouses. Any growth facility can be a potential customer as they all use simulated

lighting and the quality of the lighting is largely responsible for the quality and yield of the crop, and

energy is a big cost for indoor farmers.


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15. Intellectual property *

How are you protecting (or planning on protecting) the intellectual property and competitive

advantage of your business? Eg. Patents, Trade secrets, Know-how, access to resources.

We are planning on filing patent applications for three separate features. The working titles are:

We are planning to file applications:

- Microcontroller-controlled, specialized narrow-band light source for growing plants

- Noise-resistant, two-wire, low-speed, half-duplex synchronous multi-node serial interface with

optical isolation of the transmitter

- High-power, high-speed pulsed source of stable current for LEDs with microcontroller control

Parts of the technology will be trade secrets.

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16. What environmental benefits can be achieved with your solution? *

Indoor farming as an industry is growing fast and lighting is the key enabler making indoor farming

possible. By decreasing the cost of lighting significantly, we can directly reduce the cost of food

prodution and increase efficiency.

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17. Upload a illustrative picture or document

You can add a picture or diagram to better illustrate how your solution works.

https://www.f6s.com/account/dashboard/download-application-file/1219964/972655

MARKET AND CUSTOMERS

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18. Describe your customer. *

Who are your target/primary customers? From which sector or industry?

Any indoor farming facility, especially in regions with high elecricity costs. In the US alone there are

more then 40 000 indoor farms (not counting cannabis), so the market is large.

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19. How many customers or users do you already have? *

We have run our first pilots in Belarus and Estonia while building the technology, and with our

second generation lighting we are running pilots in Israel, Poland, Latvia, and Finland. First paid

customers in H1/2020.



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20. Who are your competitors? *

There are a number of specialized companies operating in the grow light sector. Companies such as

Heliospectra, Vividgro, Valoya, Fluence, and Illumitex are the ones spending on research and moving

the industry forward. Heliospectra has perhaps the offering closest to Laava Tech, with a software

that enables for example forecasting yearly yields and in general enables the customer to control the

lighting and different features impacting the growth cycle, but their approach is more about yield.

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21. What is your unique selling point? *

A unique selling point (USP) is the factor that differentiates a product from its competitors, such as

the lowest cost, the highest quality or the first-ever product of its kind. A USP could be thought of

as “what you have that competitors don't.”

Technology that can save up to 90% of energy compared to competing solutions on the market.

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22. What is your geographical target market? *

Which specific countries are you addressing or planning to address? Why are you choosing those

countries? Please be SPECIFIC on your market development plans.

Europe, North America. So far all of our pilots are companies that have contacted us and we have a

waiting list of companies interested in testing our product. As we are based in Europe, it's easiest for

us to satisfy the needs of customers here, but the massively growing cannabis market in the US is an

interesting market as well and we have connections in California, Nebraska, and New York.

TRACTION AND FINANCIALS

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23. How are you getting paid? *

In pilot phase

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24. Turnover - Most recent *

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25. How far along are you? *

Prototype and Validation


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26. How much money raised since start? *

Currency: Euros (EUR).

€250K

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27. Are you raising money now?

Yes

If YES to the question above, please specify the amount and type of preferred VC actor (e.g.

strategic, passive, industrial, private) and how the money will be used for.

Seed round of 2m€, angels + TBD VC. Runway of 12-18 months, covering hardware development

and outsourcing, sales & marketing teams and expenses, data science, R&D team growth,

hardware & software R&D according to the tech roadmap.

TEAM

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28. Describe yourself and the team. *

What is the background and experience of key members of the company? Most relevant are

experiences from your target industry and/or entrepreneurial experiences, including starting up

and growing a business.

Two technical founders: Sergei Radzionou, a chemical, software, and electrical engineer. Oleg

Zaretski, Chemical Engineer. Both have 20+ years of experience in chemical engineering and

industrial manufacturing.

Business founders: CEO Tatsiana Zaretskaya, 1 successful exit. BSc in Law, 5+ years of legal and

marketing experience. OSCE & Upeace scholar. Jussi Pikkaraine, Head of Marketing at Skeleton

Technologies (60m€ raised, global tech leader in ultracapacitor energy storage), 12+ years of B2B

marketing experience.

Team experienced in plant biology, fundraising, AI & IoT dev, software dev, sales. 5 PhDs. Advisors

include JB Straubel, Tesla co-founder and former CTO of 13 years.

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29. Who are you missing in your team? *

Sales people will be hired once we close the seed round, significant investment needed in software &

hardware R&D to realize tech roadmap.


CONTACT DETAILS

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30. Name (Main Contact Person) *

Tatsiana Zaretskaya

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31. Title/Position (Main Contact Person) *

CEO

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32. Email (Main Contact Person) *

[email protected]

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33. Phone number (Main Contact Person) *

0037258003459

ADDITIONAL INFO

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34. Have you performed an Impact Assessment on your solution?

Have you calculated the total amount of emissions ( in CO2, preferably) that your company would

be helping to reduce?

No

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35. Are you interested to take your business to the United States?

We are launching an exchange program with the US. Please answer "Yes" ONLY if you plan to

expand your business there in the next coming year.

Yes

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36. Would you like to leave a video link?

https://www.youtube.com/watch?v=d4LwSVXBKDQ&t=223s


mailto:[email protected]://www.youtube.com/watch?v=d4LwSVXBKDQ&t=223s

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37. Name (Contact Person 2)

Jussi Pikkarainen

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38. Title/Position (Contact Person 2)

CMO

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39. Email (Contact Person 2)

[email protected]

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40. Phone number (Contact Person 2)

0035840144277

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Olga Niestierova

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42. Title/ Position (Contact Person 3)

COO

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[email protected]

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44. Phone number (Contact Person 3) *

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mailto:[email protected]:[email protected]

YOUR SOCIAL MEDIA CHANNELS

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45. Facebook

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46. Twitter

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47. LinkedIn

www.linkedin.com/company/laava-tech/

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48. Instagram

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FOR STATISTICS AND PRIVACY POLICY

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49. How did you hear about the Nordic Cleantech Open?

Contacted by Cleantech Scandinavia team

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50. Would you like to stay informed by Cleantech Scandinavia and its partners? *

Yes


https://www.linkedin.com/company/laava-tech/

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RESPONSES

BASIC INFORMATION

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1. Company name *

Ecopal Oy

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2. Country *


Finland

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3. City *

Lahti

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4. Address *

Lakkilantie 4


https://www.f6s.com/jounihelppolainen

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5. Website *

www.ecohybridi.com/ or www.ecopal.fi/

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6. Phone *

+358440973111


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Mar 7, 2018

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natural resources

Energy Efficiency - more efficient methods and devices in vehicles, buildings and industry

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Green building - waste water heat recovery in buildings

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More energy efficient buildings with recycling of waste water heat for existing and new residential

apartment buildings, spas, hotels, hospitals, universities, offices and industry.


http://www.ecohybridi.com/https://www.ecopal.fi/

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Ecopal manufacture and sell Ecowec hybrid heat exchanger and energy solutions build around the

Ecowec.

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Patented Ecowec hybrid heat exchanger can recycle heat from all waste water including solids (toilet

waters) without filtering, cleaning and maintenance. Ecowec don't use any electricity and have at

least 50 years of operating life.

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For new apartment buildings (bloc of flats) Ecowec can reduce up to 50 % energy consumption of

district heating, ground source heat or gas.

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Ecowec can be used in existing and new residential apartment buildings, spas, hotels, hospitals,

universities, offices and industry.

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Ecowec is a patented product/solution.

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Building infrastructure can be made even more environmental friendly by lowering CO2-emissions of

heating and hot tap water.


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Municipal land lord companies, hotels, apartment companies, universities, spas and swim halls,

construction companies, plumber companies and forest pulp industry.

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30-50 customers

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District heating and ground source heating. Ecowec hybrid heat exchanger can be installed both in

district heating and ground source heating systems to make them even more energy efficient

systems.

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Ecowec is new and innovative way of recycle energy from waste water without filtering, cleaning and

maintenance. Ecowec improves all heating systems and can reduce a building energy efficient up to

50 %. To Ecowec you can connect also solar heat, solar electricity, condensate heat, steam at the

same time. You can make even cooling for a building from Ecowec at the same time while you collect

heat from waste water.



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Ecopal is selling Ecowec in Finland, but we are planning to start international business in Asia and

Nordic countries soon.


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Customers are buying Ecowecs from us. Leasing the Ecowecs would need more capital for the

company.

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€428K

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Scaling and Growth

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No


TEAM

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Ecopal is a family-owned company. The company has two entrepreneurs and one employee.

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Production and project managers.

CONTACT DETAILS

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Jouni Helppolainen

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Sales Director / entrepreneur

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[email protected]

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+358440973111


mailto:[email protected]

ADDITIONAL INFO

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No

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Yes

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https://www.youtube.com/watch?v=s-iJ5I-lhYw&feature=emb_logo

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https://www.youtube.com/watch?v=s-iJ5I-lhYw&feature=emb_logo

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Jouni Helppolainen

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[email protected]

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+358440973111


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47. LinkedIn

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Yes


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RESPONSES

BASIC INFORMATION

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1. Company name *

Gelatex Technologies OÜ

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2. Country *


Estonia

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3. City *

Tallinn

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Trummi 6-16 12616 Tallinn, Estonia


https://www.f6s.com/gelatex

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5. Website *

www.gelatex.com

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6. Phone *

0037253418898


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Nov 3, 2016

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natural resources

Advanced and Sustainable Materials - Biomaterials, Biocomposites, Nano, Graphene, electronics, etc.

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Circular economy

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There are about 2 billion m2 of leather produced annually worldwide, but 95% is made using cancer-

causing chemicals that cause allergies and pollution. There is a growing demand for eco-friendly

products and more and more fashion brands are committing to becoming more sustainable.

However, even now bigger brands are struggling to meet the demand because eco-friendly materials,

especially leather or leather-like materials, are just too expensive and not mass-producible.


http://www.gelatex.com

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Gelatex Technologies develops a revolutionary leather-like textile to tackle the problem that almost

all leather is made using cancer-causing chemicals. Gelatex solution is a non-toxic eco-friendly easily

scalable leather-like textile. The material is completely natural, it comes in rolls which makes it easier

to use and reduced material waste, and compared to leather Gelatex production uses 78% less

water, 28% less energy. We sell rolls of Gelatex material for a price of 25€/sq.m (roughly half the price

of leather) directly to fashion or interior design brands.

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Gelatex is the only textile that is made of gelatin - a natural protein derived by upcycling meat

industry waste. This way we can upcycle the byproduct of meat industries that otherwise would be

wasted or downcycled. Gelatex is structurally similar to leather and its touch is similar to suede.

Compared to other leather-like materials it is the only one that is eco-friendly and non-toxic, made of

waste, is easily scalable and comes in rolls, being a perfect solution for mass-production.

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Gelatex is a revolutionary leather-like textile made of gelatin derived by upcycling the abundant

waste of leather or meat industries. For example, only in Estonia (a country of 1.3 million people(

there is so much of this waste currently incinerated that could be used instead to make enough

material for 2 million bags every year. Gelatex touch is similar to suede and the material can be used

in bags, shoes, clothes, furniture and even cars in the future. The technology is easily scalable.

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The application areas are very wide from fashion to interior to cars and even planes. The material can

be used basically anywhere where leather or textiles are used now starting with handbags, clothes,

shoes and moving to interior design and car upholstery. We start in fashion where the requirements

for durability and technical tests are smaller, but the future goal is to move to car segment where the

interest is already big now. No special market entry barriers.


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The uniqueness of technology relies on two things: the production process and the recipe

of the material. We keep the fiber production process as a trade secret as without knowing that it is

very hard to copy the material and it is possible to understand the method by reverse engineering

the material. We have US provisional patent submitted for 2 material treatment recipes that we use

to increase durability and improve touch. We have Gelatex trademark registered in EU and US.

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Compared to leather, Gelatex production uses 78% less water, 28% less energy and no toxic

chemicals (2.4 kg toxic chemicals for sq.m of leather) . Solely in year 2023 by selling 500 000sq.m of

our material we can prevent the use of 1 million kg of toxic chemicals. There is also up to 5 times less

animals needed compared to leather to produce same amount of material. We redesign waste into

something beautiful and hope that one day no animals will be raised just to cover the demand for

leathe

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Our target customers are mass-fashion brands as that´s where the problem of not being able to

meet customer demand for eco-friendly materials is the biggest. We want to make a change.

However, we start with smaller quantities in luxury fashion brands at first, focusing especially to

those interested in sustainability, then expanding in fashion sector and later we plan to move to

furniture and automotive industry where the interest is already big now.



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Over 100 brands have showed interest in the material including mass-fashion brand Zara, luxury

brands Hermés, Cartier, Maison Margiela, Swatch and car brand Mercedes Benz. These brands are

getting in touch with us and we are receiving new inquiries every week. Currently we are

collaborating with 3 designers who are testing the material. The 1st showcase bag collection with

Finnish high-end bag brand NO/AN will be ready in Feb 2020 and exhibited in Milan and Dutch Design

Weeks next year.

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The most direct competitors are traditional leather and petroleum-based faux leather producers, but

there are also many innovative leather alternative developers such as Modern Meadow - lab grown

leather; Pinatex - pineapple leaves leather-like textile; Vegea - made of wine industry leftovers;

Muskin, Mylo or MycoWorks - leather alternative from mycelium. However, all these approaches are

still whether too expensive, impossible to scale up, or the material quality is simply not competitive.

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Gelatex is the only eco-friendly easily scalable leather-like textile that comes in rolls, is cheaper than

leather and structurally very similar to it. Gelatex proprietary process enables to make the only eco-

friendly leather-like textile that is really similar to leather but comes in rolls and is easily scalable and

even up to 50% cheaper than leather. As the material comes in rolls, it enables to cut the material on

layers and save time and money of customers and reduce material waste.

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We have received interest from all around the world from every continent, but we focus more on

Europe and US. Especially, we have started testing the product mainly in Northern Europe (smaller

designer brands in Estonia and Finland that are close to us) as a test market, we see as our first

market for wider introduction France and Southern Europe (luxury fashion - Hermés, Maison

Margiela, Cartier) and then plan to expand in Europe first and later US to expand quantities.



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We sell rolls of Gelatex material directly to brands with average price of 25€/m2. The average price is

25€/m2. Extra charges for custom designs and smaller quantities (small designer brands with 1-10

people in team). Discounts for bigger orders (massfashion brands, car manufacturers).

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€0.1K

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€380K

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Yes



500000 €, open to different types but preferably with connections and interest in fashion, interior,

textiles, materials science, manufacturing, sustainability. Used for finalizing material finishing and

pilot production line and market entry.


TEAM

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2 founders + 3 employees. Mari-Ann Fonseca (CEO, co-founder) - garment technologist with over 7

years of experience in the fashion industry and business consultancy experience. MBA in

Entrepreneurship and Technology Management, BASc degree in Technical Design and Technology of

Apparel. Märt-Erik (CTO, co-founder) - engineer and materials scientist, has researched gelatin-based

materials for over 5 years. Inventor of Gelatex technology. Additional team members: Markus

(material development lead), Robert (manufacturing and operations engineer), Daniel (marketing

manager). In February another team member Raido will join team as mechanical engineer.

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We need more chemists and materials scientists and we are planning now to cover that need by

collaborating with University of Tartu and outsourcing development from there. We will have for the

period of 1 year 3 additional team members from university working for us part-time. Also, we would

like to include textile designer to work on the look and textures of the material, as well as in some

point an assistant to help with everyday administrative things.

CONTACT DETAILS

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Mari-Ann Meigo Fonseca

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Co-founder and CEO

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[email protected]



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+372 53418898

ADDITIONAL INFO

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Yes

If YES to the question above, please provide the impact of your company.

By selling 500 000m2 of Gelatex material (estimation in 2023) and avoiding the use of chrome-

tanned leather, the impact we create would be that 1200 metric tons of CO2 emissions are not

released into the environment, as well as over 80 million liters of toxic wastewater are not

released to nature.

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Yes

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https://www.youtube.com/watch?v=46oJAM0i47I&feature=emb_logo

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Daniel Fonseca

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Marketing Manager


https://www.youtube.com/watch?v=46oJAM0i47I&feature=emb_logo

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[email protected]

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+37256221664

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-

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-

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-

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0037253418898


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45. Facebook

www.facebook.com/gelatex/

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46. Twitter

twitter.com/gela_tex


mailto:[email protected]://www.facebook.com/gelatex/https://twitter.com/gela_tex

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47. LinkedIn

www.linkedin.com/company/gelatex

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48. Instagram

www.instagram.com/gela_tex/


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Yes


https://www.linkedin.com/company/gelatexhttps://www.instagram.com/gela_tex/

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RESPONSES

BASIC INFORMATION

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1. Company name *

ENVISTA AB

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2. Country *


Sweden

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3. City *

Linköping

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4. Address *

Gjuterigatan 1


https://www.f6s.com/envistaab

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5. Website *

www.envista.se

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6. Phone *

0739417536


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Mar 1, 2016

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natural resources

Energy Efficiency - more efficient methods and devices in vehicles, buildings and industry

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Strategic energy assessments of large building stocks

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The ENVISTA method creates factfulness when addressing the issue on the energy performance of

existing buildings. Energy for heating and hot water is often the single largest cost for a real estate

owner. Our method compares thousands of existing buildings revealing which buildings have a high

probability of hiding good investments in energy efficiency.


http://www.envista.se

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We gather data from national authorities and energy companies and use them to predict the energy

demand for each individual building. The predicted consumption is then compared to the actual

consumption, which creates an accurate “personality test” for each individual building, showing

which are well optimized and which are not. The method is based on machine learning and is

suitable for both individual buildings and large stocks of thousands of buildings as well as entire

cities. The dustomer (i.e. large housing and energy companies) pay a fee per analysed building and a

yearly revenue.

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The solution is addressing a very specific challenge it in a whole new way using a unique

mathematical and pedagogical approach, inspired by Hans Rosling/gapminder.org. The method

addresses large stocks of buildings, potentially even on a national or global scale. The analysis is

based on a highly standardized method creating an absolute reference point for each individual

building.

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The ENVISTA method investigates the aspects of your buildings that are constant over time and

which lies beyond the control of the property owner (or energy company). For instance the position,

shape and usage of an individual building. We mathematically compensate for each of these

conditions, creating a reference energy profile which are compared to the actual energy demand.

The result is presented in interactive graphs and 3D-maps which creates a platform for your strategic

energy management.

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The method can be applied on all buildings depending on the data accessibility. We depend on

national data sets provided from the authorities and measured energy consumption provided from

the energy company or the real estate owner. The method is applicable for all buildings that have a

measured energy demand for heating and hot water, for instance all buildings connected to district

heating networks in Sweden. Most likely the method is fully applicable for buildings in most

countries.


http://gapminder.org

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Our large reference data set (built up from the buildings we have already analysed) is a threshold for

competition, since you need hundreds of even thousands of buildings before it is possible to make

accurate predictions. We have also made a large effort in building a business logic, a structured data

base and our own highly specialised visualisation platforms. + We never reveal the exact method for

predicting the energy demand of a building. Together this makes a strong protection of the IP.

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We are helping real estate companies in saving huge amounts of energy and putting energy high on

the strategic agenda. The built sector represents about 40% of the global energy demand and

heating alone stands for 15%. We address this issue in a whole new way, making it substantially

easier and cheaper to address the challenge of reducing energy demand in existing buildings.

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We have three types of customers: (1) real estate owners, (2) energy companies and (3) secondary

stakeholders (for instance energy consultants, authorities, operating contractors or brokers/DD). As

for now we have paying customers within the first two branches, and have an ongoing discussion

with several representatives from the third.

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We have performed 12 large scale assessments covering about 7 000 buildings. At the moment (dec

2019) we have another five assessments ongoing. (This is of course just a scratch on the surface, why

we are addressing you at F6S/NCO in order to find partners and financing for our scale up).



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We have no actual competitors. There are though a few other processes competing with us for the

same financial resources and the same human resources in our customers organisations. These are

for instance the law on energy declarations of buildings, organisational changes and ongoing

digitalisation projects and a large scale focus on the production of new buildings (resulting on a

lesser focus on the existing ones).

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Our method adds factfulness to your strategic energy planning. We involve your entire organisation

in the matter and lifts the issue of energy performance to the strategic agenda of the management

(where it belongs). We create an absolute reference that lets you know if our buildings are better or

worse than your competitors – as well as a reference of our whole building stock or your entire

energy system. It makes your bosses like you more and makes your work day more fun. And it’s

cheap.

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As for now, we have only targeted the Swedish market. The method is most likely applicable for

Finland, the Baltic states, Poland, Norway, Canada and large parts of the US. And many more

markets In order to address these markets we need partners and funding. Our main strategy is

validating secondary markets based on the actual analysis of the buildings of our international

customers (we have one international real estate owner in our portfolio covering at least four

European countries).


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Our customers pay us for performing the analysis of their buldings (real estate company) or the

analysis of buildings connected to the district heating network (district heating companies). The fee is

standardised depending on the number of buildings covered by each project. The project is ended

with a workshop at the customer. Many of our customers have signed up for a license model giving

us a yearly revenue.


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€150K

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€100K

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No

TEAM

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There are two founders of the company:

- Teodor Hovenberg, formerly the environmental manager and energy strategist at the municipally

owned housing company AB Stångåstaden in Linköping, where he (eg. “I”) developed the idea for the

ENVISTA method and performed the initial testing.

- David Björkevik is a full stack IT developer and interaction designer with experiences from several

companies developing methods for applied mathematics. David has developed our digital platforms.

There are four more people involved in the company engaged in quality management,

administration and performing of the actual analysis in cooperation with our customers.


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We are partly missing competences within economics and company management, international

affairs and HR.

CONTACT DETAILS

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Teodor Hovenberg

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CEO

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[email protected]

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+46739417536

ADDITIONAL INFO

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No

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No



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https://www.youtube.com/watch?v=evJ2iC_HGC0

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David Björkevik

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CTO

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[email protected]

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+46704213028

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xx

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xx

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https://www.youtube.com/watch?v=evJ2iC_HGC0mailto:[email protected]

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xx


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45. Facebook

-

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46. Twitter

-

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47. LinkedIn

www.linkedin.com/company/envista-ab

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48. Instagram

-


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Yes


https://www.linkedin.com/company/envista-ab

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RESPONSES

BASIC INFORMATION

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1. Company name *

UAB Popa LT

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2. Country *


Lithuania

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3. City *

Klaipeda

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4. Address *

Universiteto al. 19


https://www.f6s.com/popaboat

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5. Website *

www.popaboat.com

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6. Phone *

+37063475495


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Jan 5, 2017

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natural resources

Transportation and Logistics - passenger, freight and public transport, infrastructure for low carbon

mobility, electric vehicles, logistics optimization, among others

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Smart Mobility, Electric vehicles, Solar energy.

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We see poor infrastructure of inland waters in our city: poor tourism, lack of entertainments for

leisure activities and old-school approach towards mobility on the water in general. This is not a

matter of vital importance but given that cities are cleaning up from fuel-consuming vehicles, we can

assume that electric vehicles that incorporate other innovative solutions will become a necessary

vehicle for every smart city in the future.


http://www.popaboat.com

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Popa boat is a smart electric catamaran designed to be used on inland waters for leisure activities,

tourism and other kind of mobility. Our goal is to provide not only a high level service but innovative

and simple method for renting Popa boats as well.

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Boat uses smart solutions for more attractive, easier and sustainable experience of mobility on the

water. Our business intends to go hand in hand with innovation by offering sustainable solutions.

Innovations and sustainability are the future - and we are going to be a part of that future.

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Popa boat is a smart electric catamaran designed to be used on inland waters for leisure activities,

tourism and other kind of mobility.

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Tourism, leisure activities, mobility on the water.

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We have already patented a design and brand of Popa boat.

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Reduce CO2 footprint in our inland waters.


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B2C - Mature but still young people (27 - 45 y/old) who are able to afford a wide variety of

entertainment with them families, friends, lovers and colleagues. Tourists who love to explore new

cities on them own and who are traveling because of opportunity to try new things.

B2B - rental businesses that understand the importance of innovation in the leisure and tourism

sector (Especially rental business of water transport.

B2C - Government and municipalities could be our customers as well.

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50

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In our city people are using pedal boats, inflatable boats (gas and electric), fishing boats, kayaks. In

other countries we see more alternatives. People also use different type of electric boats,

speedboats, water buses and small ships. But the main thing is that people use old-school method of

renting these transports of water.

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Popa boat is faster than pedal boat or rowing boat and does not require physical strength. Control of

our boat is simpler than motorized boat (electric boat) and it does not require special license for

using it, therefore it may be used by greater proportion of consumers. Also, Popa boat is more

innovative and has more options for modern people than pedal boats, rowing boats or even

motorized. And it is more sustainable than motorized boat (using gasoline).



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Most cities in the world are located along rivers and lakes therefore our potential market could be

100 k - 500 k during the season. We have already rented the prototype of popa boat over 50 times in

small city Klaipeda during one trial weekend.


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We tried our prototype under real conditions with real clients. During one week we earned 3000 Eur.

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€3K

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€0K

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Yes



We raised that amount of money because of European Structural and Investment Funds.


TEAM

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We are 4 motivated and passionate team members. CEO and Founder - Tomas with over 10 years of

experience in Real estate. Electrical Engineer Andrejus with over 10 years of experience in this field.

Marine Engineer - Zydrunas with over than 8 years of experience in Naval engineering and Executive

Assistant - Aurelija with 5 years of experience of administrating projects.

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At the moment we need passionate sale person and skilled developer.

CONTACT DETAILS

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Aurelija

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Executive Assistant

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[email protected]

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+37063475495



ADDITIONAL INFO

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No

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Yes

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https://www.youtube.com/watch?v=X22ITfQS6KM

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Tomas Velius

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CEO

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[email protected]

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+37067336995


https://www.youtube.com/watch?v=X22ITfQS6KMmailto:[email protected]

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Aurelija

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Executive Assistant

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[email protected]

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+37063475495


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45. Facebook

facebook.com/popaboat

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46. Twitter

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47. LinkedIn

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48. Instagram

Popa boat


mailto:[email protected]://facebook.com/popaboat


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Yes


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RESPONSES

BASIC INFORMATION

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1. Company name *

Mycorena AB

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2. Country *


Sweden

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3. City *

Gothenburg

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4. Address *

Stena Center 1C, 41292 Göteborg


https://www.f6s.com/mycorenaab

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5. Website *

mycorena.com/

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6. Phone *

+46703809049


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Sep 6, 2017

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natural resources

Agriculture - forestry, foodtech, aquaculture and fishing: land management, soil health detection,

precision farming machinery and equipment, manure management

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Food Tech and Circular Economy

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The food industry is today struggling with the big volume of wasted resources within the production

and are under great pressure for becoming more sustainable. Meanwhile, there is a growing

demand for alternative protein sources and to provide good and healthy food to the consumers.

Feeding a growing population of 10 billion people by 2050 with healthy and sustainable products will

be impossible without transforming eating habits, improving food production, and reducing food

waste.


https://mycorena.com/

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We are creating Promyc, a sustainable high-quality protein source, by using a fungi-based technology

that converts side-streams and by-products from the food industry into a new valuable product.

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We are transforming the protein landscape by replacing traditional plant-based and meat

alternatives. By offering a completely new product that is culinarily superior, more nutritionally

complete, and more novel than mature plant-based foods, we help food companies meet

consumers’ demand for new vegan products that are new, healthy, and truly satisfactory in terms of

texture and taste.

We are making the food industry more sustainable, more circular and more profitable!

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We have a patented fungi-based technology that upcycles side-streams and by-products - resources

from the food production that otherwise had been wasted. We collect the side-stream in a big

bioreactor and adding our fungi-starter. After 24 hours has the fungus converted all organic

materials in the side-stream into a new high-quality protein source that can be processed into

different kinds of applications - fresh or dried, ranging from burger patties to protein powder.

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We work with food companies that are interested in both our product (the protein) and the process

(converting side-streams into new valuable products). The process can be optimized for different

kinds of side-streams and so far we have successfully tested diary sidestreams, bakery sidestreams,

potato washing water, oat processing sidestreams among others.


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We have a patent that protectss part of our process (will add more patents in the beginning of 2020).

Most of our solution is based on trade-secrets and several years of research which makes it hard to

copy.

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Several environmental benefits can be achieved with our solution. Within the planetary boundaries,

we are

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-


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As mentioned above - we work with food companies that are interested in both our product (the

protein) and the process (converting side-streams into new valuable products). The main group of

actors we target is larger food producers with existing portfolios of plant-based and other vegetarian

or vegan products.

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We are currently testing our process and product with eight paying customers.

R

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The most direct competition for Promyc is other emerging alternative protein sources such as

microbial & insect-based protein and cultured meat. There are also other producers of fungi-based

protein in the market, with both mushrooms and filamentous fungi starting to expand their position

in the alternative protein space. The most notable of these is Quorn, who has been producing fungi-

based protein for a few decades.


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N

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We are the first significant fungi protein producer in Scandinavia, and highly unique in our circular

B2B approach. Our main advantage over Quorn and other producers of fungi-based protein is

derived from our product and business model. Our fungi are exclusive to Mycorena and perform

better on core nutritional parameters. We operate entirely as a B2B entity - working with a large

network of food producers which increases scalability and creates massive leverage.

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N

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Collaboration and joint development lie at the heart of our market development strategy. Our

immediate focus is on actors who are visionary and at the forefront of developing alternative protein

products. Our existing partners operate mainly within the Nordics and worldwide. Except for the

Nordics, we see great potential in the Netherlands, France, and Italy which has shown great interest

within New alternative protein sources and Food Tech- investments, followed by the US.


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E


Today, we are today getting paid for the samples that we are sending out and the tests/optimization

that we are doing with the food companies' side-streams.

In the long term, we will get paid by producing and selling the fungi protein to producers of finished

foods and license our patented technology to the food companies that want to use our technology to

convert their own side-stream to a valuable product.

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O


€10K

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N

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€500K

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N

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Yes



We are searching for capital to build our pilot plant which will be the first of its kind in the

Nordics. In total we are looking for 1,5 M EURO where we already have secured half through a

Swedish VC: Now we are looking for more VCs with a connection to the food industry and interest

in food tech

TEAM

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We are a young and ambitious team that consists of seven people with both business background as

well as unique and practical knowledge within the field of fungi-fermentation. The members are

former students and post-docs from Chalmers University of Technology and The School of Business,

Economics, and Law.

The team is also supported by a strong advisory board with senior competences (investment

manager, business developer, scale-up system designer, and scientific advisor).

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We are at the moment looking for a board member with senior competence and a background

within the food industry to strengthen our team.

CONTACT DETAILS

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Ebba Fröling


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Business Operations Manager

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[email protected]

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+46703809049

ADDITIONAL INFO

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Yes

If YES to the question above, please provide the impact of your company.

Check out our Promyc Impact Report

https://app.box.com/s/omkt5szswtgndiagke1hswh61g32m3r6

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No

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https://youtu.be/seYfRuXiA0s

R37. Name (Contact Person 2)

Ramkumar Nair


mailto:[email protected]://youtu.be/seYfRuXiA0s

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CEO and Founder

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[email protected]

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R RESPONSES E V O C{programName: '9th Edition - Nordic ...€¦ · consumption of LED lighting in...

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