CHF 40,000 for a new way to play videogames, a platform for traceable digital twins of infrastructures, and handwritten math solutions
25.05.2022
OVOMIND, SwissInspect, and TOSA win Venture Kick's second stage of financial and entrepreneurial support. Their projects compute biosignals from wearable devices and deliver real-time emotional data for interaction in videogames, provide SaaS for digital twinning of infrastructure and buildings for various B2B sectors, and an application that verifies handwritten math solution paths just by scanning.
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 OVOMIND: CEO and Co-Founder Yann Frachi and CTO and Co-Founder Julien Masse
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 SwissInspect Team from left to right: Prof. Dr. Katrin Beyer: Co-founder and Scientific advisor (structural engineering), Dr. Radhakrishna Achanta: Co-founder and Scientific advisor (artificial intelligence and computer vision), Dr. Amir Rezaie: Co-founder and CEO (Chief Executive Officer), Dr. Frédéric Dreyer: Co-founder and CSO (Chief Strategy Officer), Bryan Pantoja-Rosero: Co-founder and CTO (Chief Technical Officer)
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 TOSA CEO Sawsane Queloz-Nakouzi
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OVOMIND: a new way to play and stream videogames
Playing with a classic game controller does not allow the gamer to truly express his personality, have experienced humanized AIs, and be immersed in a game. In 2006 Nintendo Wii introduced Motion and removed the barrier of using a classic game controller. Making gaming even more accessible. It was a huge market success, but only the first step of these emerging gaming technologies.
OVOMIND developed a Cloud-based AI affective solution including some patents. Co-founders are CEO Yann FRACHI, CTO Julien Masse and CSO is Mathieu Barthet. The technology computes biosignals from wearable devices (smart bands and smartwatches) and delivers real-time emotional data for interaction. Emotion is the missing part of the perfect Human-Machine interaction. Gaming proposes today, the most advanced Human-Machine Interaction and OVOMIND targeting game streams first and proposes one Software Development Kit to integrate the technology on any games. They are at the MVP stage and looking to do their second seed fundraising round to push their product to the market.
The Venture Kick funds will help them to grow the business development of the company. ovomind.com
SwissInspect: A platform for traceable digital twins of infrastructure and buildings
Structures are failing at a huge financial and human cost. The current practice for inspecting an asset, such as a bridge, is visual inspection, which means that practitioners visit the asset visually and mark up the damaged areas on the design drawings. This approach, however, is extremely costly, dangerous, subjective, and puts the asset's safety at high risk.
SwissInspect provides Software-as-a-Service (SaaS) for the digital twinning of infrastructure and buildings for various B2B sectors. Their clients can upload their image data on their online digital twin platform, and SwissInspect analyzes them to create a geometric digital twin of the asset, detect various structural defects and create numerical physics-based models to predict the physical state of the asset, which serves as information for scenario-based maintenance intervention planning. More importantly, because SwissInspect encodes all information within a digital twin, the time history of an asset's health can be retrieved to accurately forecast the asset's remaining lifetime. According to a research report by MarketsANDMarkets, the overall computer-vision-based inspection & monitoring market is projected to grow from USD 9.1 billion in 2021 to USD 33.6 billion by 2030, at a CAGR of 15.7% from 2021 to 2030. The principal work of SwissInspect will be conducted by CEO Dr. Rezaie and Mr. Rosero, with oversight from advisors Prof. Beyer, Dr. Achanta, Dr. Kozinski, and Dr. Dreyer. The team has one expert with a strong track record in each key component of the overall solution: structural engineering (Dr. Rezaie, Mr. Rosero, Prof. Beyer), computer vision (Dr. Kozinski), AI (Dr. Achanta), and business (Dr. Dreyer).
The Venture Kick funding will assist them in covering expenses related to business-related activities that contribute to the company's development. swissinspect.io
TOSA Swisstech: composite bipolar plates for hydrogen-energy
Hydrogen is considered to be the panacea for the energy transition, capable of overcoming the problems of intermittence, replacing fossil fuels in mobility, and decarbonizing industry. The entire chain of production and use of hydrogen goes through fuel cells and electrolysis. Fuel cells currently suffer from weight and durability issues.
TOSA Swisstech develops a manufacturing process and provides a solution to substitute metal bipolar plates, an essential element of these cells - representing more than 30% of the price and more than 70% of the weight - with composite bipolar plates. The product - developed through an Innosuisse project is ultralight, durable, non-corrosive, compact, and efficient. No manufacturing process for serial production exists on the market yet. The CEO Sawsane Queloz, Ph.D. in mechanical engineering from Toulouse University is taking this challenge to develop it with the help of two swiss research centers FHNW and KATZ, and the industrial partner GreenGT. TOSA will design, produce and commercialize these bipolar plates. This product is used in many applications in the field of clean energy: Hydrogen fuel cells, energy storage batteries, and electrolysis.
They plan to use the Venture Kick funds to help them with the R&D to develop the prototype, its material, and its manufacturing process.
Playing with a classic game controller does not allow the gamer to truly express his personality, have experienced humanized AIs, and be immersed in a game. In 2006 Nintendo Wii introduced Motion and removed the barrier of using a classic game controller. Making gaming even more accessible. It was a huge market success, but only the first step of these emerging gaming technologies.
OVOMIND developed a Cloud-based AI affective solution including some patents. Co-founders are CEO Yann FRACHI, CTO Julien Masse and CSO is Mathieu Barthet. The technology computes biosignals from wearable devices (smart bands and smartwatches) and delivers real-time emotional data for interaction. Emotion is the missing part of the perfect Human-Machine interaction. Gaming proposes today, the most advanced Human-Machine Interaction and OVOMIND targeting game streams first and proposes one Software Development Kit to integrate the technology on any games. They are at the MVP stage and looking to do their second seed fundraising round to push their product to the market.
The Venture Kick funds will help them to grow the business development of the company. ovomind.com
SwissInspect: A platform for traceable digital twins of infrastructure and buildings
Structures are failing at a huge financial and human cost. The current practice for inspecting an asset, such as a bridge, is visual inspection, which means that practitioners visit the asset visually and mark up the damaged areas on the design drawings. This approach, however, is extremely costly, dangerous, subjective, and puts the asset's safety at high risk.
SwissInspect provides Software-as-a-Service (SaaS) for the digital twinning of infrastructure and buildings for various B2B sectors. Their clients can upload their image data on their online digital twin platform, and SwissInspect analyzes them to create a geometric digital twin of the asset, detect various structural defects and create numerical physics-based models to predict the physical state of the asset, which serves as information for scenario-based maintenance intervention planning. More importantly, because SwissInspect encodes all information within a digital twin, the time history of an asset's health can be retrieved to accurately forecast the asset's remaining lifetime. According to a research report by MarketsANDMarkets, the overall computer-vision-based inspection & monitoring market is projected to grow from USD 9.1 billion in 2021 to USD 33.6 billion by 2030, at a CAGR of 15.7% from 2021 to 2030. The principal work of SwissInspect will be conducted by CEO Dr. Rezaie and Mr. Rosero, with oversight from advisors Prof. Beyer, Dr. Achanta, Dr. Kozinski, and Dr. Dreyer. The team has one expert with a strong track record in each key component of the overall solution: structural engineering (Dr. Rezaie, Mr. Rosero, Prof. Beyer), computer vision (Dr. Kozinski), AI (Dr. Achanta), and business (Dr. Dreyer).
The Venture Kick funding will assist them in covering expenses related to business-related activities that contribute to the company's development. swissinspect.io
TOSA Swisstech: composite bipolar plates for hydrogen-energy
Hydrogen is considered to be the panacea for the energy transition, capable of overcoming the problems of intermittence, replacing fossil fuels in mobility, and decarbonizing industry. The entire chain of production and use of hydrogen goes through fuel cells and electrolysis. Fuel cells currently suffer from weight and durability issues.
TOSA Swisstech develops a manufacturing process and provides a solution to substitute metal bipolar plates, an essential element of these cells - representing more than 30% of the price and more than 70% of the weight - with composite bipolar plates. The product - developed through an Innosuisse project is ultralight, durable, non-corrosive, compact, and efficient. No manufacturing process for serial production exists on the market yet. The CEO Sawsane Queloz, Ph.D. in mechanical engineering from Toulouse University is taking this challenge to develop it with the help of two swiss research centers FHNW and KATZ, and the industrial partner GreenGT. TOSA will design, produce and commercialize these bipolar plates. This product is used in many applications in the field of clean energy: Hydrogen fuel cells, energy storage batteries, and electrolysis.
They plan to use the Venture Kick funds to help them with the R&D to develop the prototype, its material, and its manufacturing process.