Meet the Companies
Industry: Batteries
Founding year: 2016
Revenue: 230 000€
International Revenue (2020): 100 000€
Actively looking for funding: Yes, Series A
Business Plan: Akkurate will work on Stationary Energy storages as well as Electric vehicles. Customers are Energy companies /utilities and EV OEMs. The main business model is SaaS, but with larger companies "on-premise" solution can be build with combination of NRE and license fee. In 2022 the intention is to expand in Europe as well as establish business in USA. In 2023 specific markets such as India, South Korea and Japan will follow. In 2Q 2022 Akkurate is looking for minimum €5M funding complemented by Business Finland / EU funding. B-series is planned take place in 2024.
Most important goals for the U.S. market: Establish business in USA in 2022 and get minimum 5 customers following rapid growth and expansion in several states in 2023.
Regarding the U.S. market, we would especially like to learn about... How to get funding in USA and what concrete actions are needed to establish business there.
Industry: Mobility - first and last mile approach
Founding year: 2009
Revenue: 180 000€
International Revenue (2020): 5000€
Actively looking for funding: Yes, A round with 1 million dollars to our refreshed strategy, feature and with a sharp IPD.
Business Plan: Akkurate will work on Stationary Energy storages as well as Electric vehicles. Customers are Energy companies /utilities and EV OEMs. The main business model is SaaS, but with larger companies "on-premise" solution can be build with combination of NRE and license fee. In 2022 the intention is to expand in Europe as well as establish business in USA. In 2023 specific markets such as India, South Korea and Japan will follow. In 2Q 2022 Akkurate is looking for minimum €5M funding complemented by Business Finland / EU funding. B-series is planned take place in 2024.
Most important goals for the U.S. market: To get leads and to get into the real estate market state by state. We are looking for the corporates which would be the ideal business partners for us to scale up the sales in US.
Regarding the U.S. market, we would especially like to learn about... The real estate ownership and operative bodies:
Open Comments: We participated to the Innovation Norway TINC Fall 21 virtually in Silicon Valley and got a nice boost to our strategy process and IPD arguments.
Industry: Fabless Semiconductor
Founding year: 2013
Revenue: 8.1 MEUR
International Revenue (2020): 8.1 MEUR
Actively looking for funding: Yes
Business Plan:
Most important goals for the U.S. market: Component Business operations scaled up during 2020. Target is to be credible fabless component supplier from 2023 and expanding the business significantly within next 5 years.
Regarding the U.S. market, we would especially like to learn about... How to scale the Sales & Marketing operations in US. Funding opportunities in US. What needs to be taken into account if CoreHW would like to establish subsidiary in US.
Open Comments:
Industry: General industries, mechanical machines, appliances and equipment
Founding year: 1943
Revenue: 15 200 000€
International Revenue (2020): 5 500 000€
Actively looking for funding: No
Business Plan: We want to help manufacturers, designers and producers of machines and equipment with their needs of gaskets, sealing and insulation. Often the gasket or sealing is a small, cheap and insignificant part of any machine, no one want to concentrate on such small issue. At the same time the gasket is absolutely critical for the equipment to function. This is where we step in, we want to offer a smarter sealing for a safer tomorrow. We want to offer a piece of mind and take care of the gaskets for the customer.
Most important goals for the U.S. market: To find 3-5 significant new customers to start business with.
Regarding the U.S. market, we would especially like to learn about... How to enter business with manufacturers of engines, compressors, motors and etc OEM's, is there fairs or associations or other ways, how to get in to the market. - What is the easiest steps to get to talk to the key players?
Open Comments:
Industry: Industrial weighing
Founding year: 1972
Revenue:
International Revenue (2020):
Actively looking for funding:
Business Plan: Global domination in the on-board weighing solution market.
Most important goals for the U.S. market: Finding new distributors
Regarding the U.S. market, we would especially like to learn about... Finding new distributors
Open Comments:
Industry: Wireless IioT, IoT Wearables
Founding year: 2015
Revenue: 1M€
International Revenue (2020): 600 000€
Actively looking for funding: No
Business Plan: 2021 our engineering services grew in Germany 1300%. German total sales was 780k€. We want to copy this setup to USA as well. At the same time we are developing our own technology on UWB radars.
Most important goals for the U.S. market: Gain market knowledge and local contacts. Understand liability and need for own branch office. (we have already customers in US and we have faced liability requirements)
Regarding the U.S. market, we would especially like to learn about... Market potential. How easy/difficult is it work with companies (we have positive experience so far.) Understand the need for local representative/partner.
Open Comments: Looking forward to meet !!
Industry: Manufacturer of electric and electronic solutions.
Founding year: 2006
Revenue: Please note above = 0, domestic deliveries will start in 6- 9 months
International Revenue (2020): Please note above = 0, international orders waiting for deliveries as above.
Actively looking for funding: Yes, EU EIC Accelerator Open application opens 1st March 2022 with 2,3 M€ EU GRANT, which is 70 % of total project costs and 7 to 15 M€ FINANCING based on market expansions depends on speed and size of markets to be opened.
EIC GRANT is max. 70 % of total development costs and EIC FINANCING by EIB is maximum of 25 % in shares.
Additional funding will be needed reach 1 B$ profitable business in 20 to 25 years.
Business Plan: EU EIC Accelerator Open Grant of 2,3 M€ will be used in development of patented ACTIONECO - ACEMA ECO-SYSTEM FORERUNNER RANGE OF SOLUTIONS AND SERVICES www.actioneco-one.com, which will be designed and built to REACH ACTIONECO CARBON NEUTRAL OPERATION, which is max 70 % of total costs. EU EIC Accelerator Open Financing of 7 to max. 15 M€ will be used on building marketing organization and network of ACTIONECO VERTICAL INTEGRATE “A-VIN” AND EXPAND BY DIGITAL TWIN AI DESIGN SYSTEM TO NEW APPLICATIONS AND INDUSTRIES WOLRDWIDE. EIB share of Financing part can be max 25 %. Expansion starts in Scandinavia, Central Europe from on delivery of first orders and quite soon in USA, where we have good contact with top ranking golf courses and years of experience with other solutions. It can expand e.g. starting in Finland with ACEMA Sales/Marketing/Tech/Delivery and follows according to market expansion such as 1st ACEMA S/MCenter => ACEMA S/M/TCenter => ACEMA S/M/T/Delivery Center on overseas markets like USA. Please note that ACEMA`s are designed and built 90 % with scalable and modular shared modules and components on local assembly at key markets like North America. Based on years contacts on fact finding solutions in Actioneco Road Shows and Trade Shows and some 4000 LinkedIn contacts will be informed the entrance of the ACTIONECO-ONE to the worldwide markets by expanded range of ACEMA ECO-SYSTEM SOLUTIONS WITH EXPANDED SERVICES.
Most important goals for the U.S. market: Our goals are to capture important sharers in golf course and outdoor upkeep businesses and services by ACEMA FULLY ELECRIC AND ELECTRONIC SCALABLE MACHINES, VEHICLES AND CITY CENTER BUSSES AND PLATFORM ECONOMY EXPANSION TO NEW BUSUNESSES, APPLICATIONS AND INDUSTRIES DESIGNED AND BUILT WITH ACEMA DIGÍTAL TWIN AI EXPANSION BY A-VIN, A-PP, WORLDWIDE SERVICES WITH WIRELESS DATA COLLECTION FROM ALL FUNCTIONS BUILT WITH SERVOMOTOR AMPLIFIERS AIMING AT ACTIONECO CARBON NEUTRAL FORERUNNER ECO-SYSTEM SOLUTIONS by following and expanding the footsteps of ACTIONECO 1st G. The ONE and still the only ONE fully electric and electronic multi-purpose ACTIONECO-ONE still today.
Regarding the U.S. market, we would especially like to learn about... Commercial and safety laws, banking, ways on getting funding…
Open Comments:
Industry: software, ICT, low level vision, image processing.
Founding year: 2011
Revenue: 487 000 euro
International Revenue (2020): 487 000 euro
Actively looking for funding:
Business Plan: NI has state-of-the-art advanced technology, and needs to scale up commertially
Most important goals for the U.S. market: Our major customers and a partner company are from USA. We would like to increase our presence there
Regarding the U.S. market, we would especially like to learn about... to understand a potential market
Open Comments:
Industry: Racing Simulators
Founding year: 2007
Revenue: 15,3M euro
International Revenue (2020): 13M euro
Actively looking for funding: No
Business Plan: Expand product portfolio for Sim racing, seeking to grow further in USA
Most important goals for the U.S. market: We see a strong future growth in sim racing in USA. We have been able to establish our brand in Europe and have good reseller openings in USA (eg. Micro Center). We are looking for new partners to tackle (re)selling, warehousing, logistics, legal help (taxes) and expanding our own e-commerce to USA.
Regarding the U.S. market, we would especially like to learn about... Above mentioned, in addition market data (size of the market, growth potential). We would like to connect with right people who could help us to grow in USA faster.
Open Comments:
Industry: Project Office for Digital Transformation and Innovation Development
Founding year: 2019
Revenue: 30 000 euro
International Revenue (2020): 30 000 euro
Actively looking for funding: Yes, Partners, investors, seed money
Business Plan: To use our network of digital experts to develop solutions for large scale projects in IoT, Agriculture, Smart Factory and Smart City sectors through open innovation.
Most important goals for the U.S. market: To find 2-3 new partners and projects.
Regarding the U.S. market, we would especially like to learn about... Most effective channels to find potential partners and projects
Open Comments: