NCP September 2020

Welcome to September’s Notwics Connecting People, our Video Platform where each month we showcase the best businesses and founders. NOTWICS believe these names could follow in the footsteps of our previous champs like LendInvest, Accompany, TaskRabbit, SafeToNet, Machine, Raptech, Hiyacar, Visonable, Jaja Finance, Moteefe and many others we’ve helped over the years.

Each month, NOTWICS will endeavour to review, analyse and select 6-8 Early Stage Start-Ups and fast-growing Scale-Ups, for you. With physical pitch events seemingly a thing of the past, each of these founders will present their business via a 5-minute video. Access to this will remain for a month.

Should any of these presentations be of interest, please do not hesitate to contact us via the button under each video.

We’d like to thank our long-standing sponsor, Smith & Williamson, for their support. Here’s Fergus from the company to tell you more about their interest in the space…

CYBER SECURITY

The Notwics team were universally impressed by the simplicity and effectiveness of this new Cyber-security platform. This seamlessly utilises a person’s mobile phones to alert them if in the vicinity of a potentially dangerous incident.

The platform has been specifically designed with public safety in mind. It empowers users and emergency services to establish direct communication in geo-located dangerous situations.

It fixes the problems of speed, accuracy and effectiveness, where other traditional communication channels struggle.

Behind the magic, is a team with many years of building successful Geo-location and Cyber-security solutions.

There is a big need too, recently confirmed by as several regulatory authorities. Many countries will have to have this type of technology in place, to help stop potential threats to citizens lives, in the next 2-3 years.

HERE’S MARTIN TO TELL YOU MORE…

END OF LIFE TECH

The “End of Life” and planning for this phenomenon has sadly been put front and centre of many people’s minds during Covid-19.

Yet, there are very few Technology solutions that enable both individuals and organisations to effectively control and manage this inevitable outcome.

This fast-growing SAAS Enterprise Software platform fixes this and offers an end to end solution.

Customers are currently onboarding at pace and the team have decided to raise a bridge. This is ahead of a major Series A round in 2021, to scale into the US.

HERE IS IAN TO TELL YOU MORE…

FINTECH

With a background steeped in the world of trading floors and a healthy dose of working at the world’s leading Financial Technology company (and first Global Fintech.. Bloomberg), I was drawn towards the clever visualisation technology this founder has created.

Watching many screens is a rare skill that few finance professionals can ever perfect, until now! This technology enables a 3D or 4D view, capturing significant all events and data, that significantly impact the value and price of an asset.

The offering is efficiently priced and is currently being adopted and sold by some of the world’s leading financial institutions. Customers are eager to take advantage of the edge this solution offers.

The product is also seeing support from one of the giants of the tech world, IBM. Also of note, is the strong help Imperial College, London, have offered too.

HERE IS RICHARD TO TELL YOU MORE…

HEALTH & SAFETY TECH

These two young, energetic founders impressed us with their passion and enthusiasm to bring to market a unique, wearable solution to the ongoing Covid-19 problem of track and trace.

This fun, simple and effective product can accurately monitor and supply data to schools, organisations and governments, realtime. This is a valuable tool to be used in the ongoing and inevitable challenges Covid-19 presents.

The team has achieved a lot with minimal resources, stretching their links in the media and social media to grow quickly to this point.

To match the emerging interest is emerging, from across the globe, the team are launching a seed round. This will enable them to enlarge their sales and distribution, to continue this momentum.

This is one of few wearables that is working effectively against the Pandemic. With the focus this team possesses has a strong chance of winning!

HERE IS HARRY & RONAN TO TELL YOU MORE…

HEALTH-TECH

This interesting opportunity came to us via Stuart’s strong network in the South West, continuing our growing footprint there.

It showcases the region’s strength in healthcare, with a proprietary technology platform that optimises healthcare capacity management.

The Tech has been built over the last five years and combines wearable tech, with data analysis. This results in an algorithm that provides fact-based recommendations for improving working practices, real time.

This Scale-Up’s success has been validated by Moorfields Eye Hospital (who increased service by at least 35% when using the solution).

Notably, Revenues are nicely split between Pharmaceutical companies and the NHS. Add to this, a healthy pipeline of £1m for 2020, they are well placed to scale.

The raise will be used to fully automate the platform and sell into the UK healthcare market.

Notwics support has been supplemented by Innovate UK who recently awarded them a £195k grant project (80% funded. 20% matched).

HERE’S TIM TO TELL YOU MORE ABOUT THIS EXCITING SCALE-UP…

HOLOGRAPHY / AR

Holographic technology has always fascinated me, ever since 1978, when I saw R2D2 beam a hologram of Princess Leia, in Star Wars.

Rolling the clock forward in the increasingly low or no touch world that we currently inhabit, its great to see the continuing progress that this Docklands based holography business has made.

The business is seeing both revenues and customer adoption happening at pace. Their leading holographic solution is highly sought after by both global smartphone providers and German car manufacturers.

These industry-leading players, many of whom are household names are currently struggling with the clunky Wave-guided solutions and this technology offers a better solution.

Their sweet spot has been advanced, with Covid – 19 accelerating the speed of AR adoption in new industries too. This has prompted the founder, to release some of this opportunity.

HERE IS JONATHAN TO TELL YOU MORE ABOUT THIS EXCITING SCALE-UP…

SUSTAINABILITY TECH

Sustainability in Fashion, is becoming a big thing. On-line Ethical Ecommerce is booming, globally.

Covid-19 has created the perfect storm for these trends to become mission critical in consumer purchasing behaviour.

This Australian founded, but UK registered Scale-Up offers the perfect ratings system to solve this. It provides shoppers and brands a benchmark of ethical quality and sustainability needed for products.

The business recently extended their rating technology to account for not just fabric sustainability and ethically, but many other key areas. This includes gender equality, ocean microplastics, carbon emissions, human rights abuses, slavery and others.

With Emma Watson as their brand ambassador helps immensely. As welll industry leaders like Boo Hoo losing 20% of their market value in one day due to the discovery of slavery, in their supply chain.

This is a business well placed to become the gold standard of everything that looks good on you.

HERE IS SANDRA TO TELL YOU MORE…

TELCO SAAS

Continuing on the theme of Sustainability, this SAAS / Fintech business, also caught our eye in August.

The team are focused on solving the problem of connectivity in the developing world, primarily the Africa continent.

Being experienced practitioners of the Telco industry, they know their is real need for their solution. This was recently recognised by their success at Facebook’s Accelerator London Lab. Here, they were one of the 13 globally selected businesses that Facebook believe would:

“Harness the power of technology to create positive impact on the world, including improving digital connectivity around the globe”

Supplementing this, recurring revenues are well placed to scale in 2021. Covid – 19 has acted as an accelerant to sales of their solution. Profitability and a potential acquisition are also on the horizon too.

HERE’S ALASDAIR TO TELL YOU MORE ABOUT THIS SCALE-UP