Empowering people. Ole Madsen, Shaoping Bai Niels Jernes vej 10 9210 Aalborg SØ Email : [email protected]/[email protected].
Funding. Accelerate Innofunder https://innovationsfonden.dk/da/programmer/innofounder Beyond ( Beyond Beta - We help you gear up your startup for scale ) Get assistance from Erhvervshus Nordjylland.
The team. Et billede, der indeholder person, mand, ser, foto Automatisk genereret beskrivelse.
BioX have a mission to empower people by the next generation of wearable technology . Imagine if you could control your devices with a wave ….
How do we predict the intentions of the user ?. Answer : Monitor arm movements and hand gestures.
Application areas. Et billede der indeholder person indend rs bord sidder Automatisk genereret beskrivelse.
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The gesture recognition market. The gesture recognition market is expanding quickly Projected to reach USD 32.3 billion in 2025 from USD 9.8 billion in 2020.
Image result for forearm muscles. Image result for hand gestures.
Force Sensing Resistor. How does it work ?. IMU.
Force Myography Detect muscle activity. IMU Euler angles Gyroscope.
Jan 2019: Establishment of BIOX Mar 2019 First prototype Sep 2020: BIOX at NOVI Oct 2019 10 system sold Nov 2019: First input of external capital Jan 2020: Chinese supply chain established June 2020: new release of arm band Sep 2020: InnoBooster project July 2020: Leg band prototype November 2021: 40 system sold – version 2.0.
Status. BIOX SDK kit. AGADE. LEG BAND. Edu band. +.
Edu-band. Et billede der indeholder indend rs mikroskop objekt k kken Automatisk genereret beskrivelse.
Sales estimate: Status: Beta version is Commercial available 40 systems have been sold (China, Spain, Germany, Canada, Denmark) Sales price : 2.000 + VAT; Production cost : 800.
Needed investment. EDU-Band. Educational material ( powerpoints , examples ) 3 month 225.000 Webshop, PR material (video, homepage ..) Consultant 300.000 Update of design/support 2 months ( continuously ) 150.000 TOTAL: 675.000.
Legband. What: patients that have undergone orthopedic surgery rehabilitation is monitored from home. Number of users: In Denmark: 50,000 orthopedic surgeries/year. BIOX Leg Band can be used in minimum 10 % of these cases. Ie . giving 5.000 users/year in Denmark The clinical partners of the project estimates a sales price of 5.000 DKR/case, giving a market size of 25 mill in Denmark Status: Two bands are under clinical trial at AAUH Software ( APPs ) are developed for tablet and mobiles ( Andriod ).
Agade. What : AGADE S.r.l : Italian startup – developing exoskeletons. Needs BioX arm bands to determine the load on the user Marked estimate (from AGADE): 1000 systems/year Status: The armband software has been modified accoring to Agades specififations ( partly paid by Agade ) Agade is currently testing 4 armband.
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Sales estimate: Status: The armband software has been modified accoring to Agades specififations ( partly paid by Agade ) Agade is currently testing 4 armband.
Needed investment. AGADE. Key account manager 0.5 person/6 months 200.000 Product development (CE marking ) 0.5 person/ 6 month 200.000 PCB redesign Consultant 100.000 Design Consultant 100.000 TOTAL: 600.000.
EDU-Band ( educational marked). What : Universities/schools/hobby users-Educational market segment How will we go to market: Direct contact to our network Products sold via web shop.
What Smart leg-bands for post-operative activity monitoring Recovery of orthopedic surgeries normally takes long time. Poor recovery can be detected early from activity monitoring. To day this is done at hospitals How do we go to marked Through agents/dealers of medical equipment.
Effects Predictable and controllable post-operative treatment Earlier interventions during recovery following knee surgery . Reduced number of revisits to the hospital with serious conditions . Less visits to the doctor for check-ups following surgery . Enabling to monitor muscle recuriment at individual muscle groups . This is very useful for physiotherapists who want train patients with the right muscles ..
Sales estimate (5000 dkk per unit): Status: Two bands are under clinical trial at AAUH Two bands are delivered to AAU Software ( APPs ) are developed for tablet and mobiles ( Andriod ).
Needed investment. Leg band. Sale Channels 6 person month 300.000 Product/ production ( hardware+software ) 24 person months 1.200.000 Clinical trial 12 person months 600.000 CE certification Consultant 500.000 TOTAL: 2.500.000.
Markets, size, accessible market. These numbers are for educational segment 10,000 units in China (10 units for 1000 univeristies ) 6,000 units in USA 6,000 units in EU Total of 22,000 units in CN, USA and EU If price 200USD per unit, total market size 4,400,000 USD 1230 dkk per unit, total market size 27m dkk.
Marketing. Logo Brand Identity Website Social Media enrolled LinkedIn.
IP RIGHTS. Et billede der indeholder indend rs bord sidder lille Automatisk genereret beskrivelse.