venture financing
These are the product development phases and associated financing in this venture.
Working prototype/ minimum viable product
Time 6 months
Funding $30-50,000
Source: Angel investor and founder
Two to three freestanding, marketable modules of the full system
Time: 6-18 months
Funding: $700-800,000
Source: Seed investor
First full-featured system designed for a particular customer
Time: 12-24 months
Funding: $1-2 million
Source: VC Series A
Ongoing development of freestanding modules and full systems for numerous customers
Time: 12-24 months
Funding: $2-4 million
Source: VC Series B
Future operations
Funding: IPO
These projections are highly speculative, depending on the progress in product development, the response of the market to our products, and the interest of investors in various categories.
Progress Updates
This is a section of the website where we post news and updates about the progress regarding the project. You can find them sorted by date.
Reach Us
Are you interested to hear more about the project? Do you have an idea how to improve and/or participate in the development? Is this something that could help your business or organization? Something else?
We encourage you to send us a message.