Startups developing a disruptive blood diagnostic solution, sensory skins for robots, video consumption with AI, a battery management technology, and advanced recycling solutions each win CHF 10,000
12.02.2024
AiMorphous Health, Inveel, Optiverse, Spare Energy, and WasteFlow were selected at Venture Kick's first financial and entrepreneurial support stage. Their projects develop a revolutionary diagnostic blood test enabling the monitoring of thrombosis and bleeding risks; empower robots with sensor-rich, flexible robotic hands, that enable fine motor control and precise manipulation of delicate objects; offer an innovative solution capable of summarizing extensive videos into concise video summaries; turn used batteries into decentralized power plants; and turn waste into value with vision.
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 AiMorphous Health: Co-Founders CTO/CBO Daniel Shoukier and CEO Dr. San Pun
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 Inveel: Co-founders CEO Barbara Horvath and CIO Christopher Turpin
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 Optiverse: CTO Raphael Ausilio, CEO Elio Assaf, and COO Mario Assaf
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 SpareEnergy: CTO Michael Koelbl, and CEO Erik Wilhelm
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 WasteFlow: Co-Founders CEO Valentin Ibars and COO Théophile Agresti
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AiMorphous Health: Disruptive diagnostic reducing the risks of thrombosis and bleeding
One in four people dies from thrombosis. Thrombosis is the first cause of death and debilitation worldwide. Studies indicated that 80% of all thrombosis is preventable if detected early enough. Today, there are no reliable tests available to detect the daily risk of developing an early thrombosis. To address this problem, AiMorphous is developing a revolutionary diagnostic blood test enabling the monitoring of thrombosis and bleeding risks.
Dr. San Pun, CEO, founded AiMorphous Health with Daniel Shoukier, CTO/CBO. The blood diagnostic solution designed to deliver real-time diagnoses, enables the monitoring of both thrombosis and bleeding risks. By utilizing AI and an advanced biomarker system, the device not only enhances medical diagnostics but also provides proprietary prediction for prevention, and improves the safety and efficacy of anti-thrombotic treatments, ultimately aiming to enhance healthcare quality and longevity. The biomarker is novel and enables direct measurement of early to late biomarkers of the immunothrombotic system, resulting from extensive exploratory research and dedicated product development efforts. The SOM is estimated to be 1 billion USD, and scalable to >300 billion.
The Venture Kick funds will contribute to business development and extending customer relationships, Innosuisse projects, and intellectual property.
Inveel: Advanced sensory skins that provide robots with the feeling of touch
Inveel addresses a critical gap in robotic capabilities—insufficient sensitivity on their surfaces.
Specializing in the development of high-resolution sensory skins that provide robots with a sense of touch, the innovation is based on Inveel’s groundbreaking technology that integrates nanometer-precision sensors on large-area artificial skins. Integrating these synthetic skins on robots empowers them with sensor-rich, flexible robotic hands, that enable fine motor control and precise manipulation of delicate objects. CEO Barbara Horvath and CIO Christopher Turpin aim to revolutionize robotics with their high-resolution skins that offer the capability to detect object presence, positions within the hand, and applied forces during grasping. Targeting the USD 15.4 billion Tactle sensor market, they cater to humanoid robots, robotic grippers, and prosthetics.
The Venture Kick funds will support market validation and refine market focus.
Optiverse: Revolutionizing Video Consumption with AI
Optiverse addresses a pressing challenge in today's content-rich environment: the significant time drain experienced by professionals as they engage with lengthy videos. This issue isn't limited to frontline employees, as managers and executives grapple with it. Whether it's sifting through irrelevant virtual meetings, YouTube tutorials, seminars, or other content, the cumulative effect is hundreds of lost hours per employee. Over time, this loss translates into millions of dollars wasted by companies.
Founded by Elio Assaf, Raphael Ausilio, and Mario Assaf, Optiverse's AI-driven SaaS product offers an innovative solution capable of summarizing extensive videos into concise video summaries. Their groundbreaking platform combines the strength of LLMs with an intelligent proprietary streaming engine, enabling automatic comprehension of video content, pinpointing key moments, patterns, and insights, and delivering precise information seamlessly. Positioned in a thriving market, with video streaming alone worth USD 600 billion, the growth potential is significant.
The funds obtained from VentureKick's first stage will be allocated towards market validation and product enhancement. Optiverse aims to rapidly scale up to deliver its productivity asset to the business world.
Spare Energy: Turn used batteries into decentralized power plants
Over 28,000 Tons of lithium-ion batteries are shredded annually in the EU, and most of those batteries have over 80% of their usable storage capacity. This trend is increasing and represents close to CHF 1B in value lost. At the same time, electricity grids across Europe and around the globe struggle to integrate desperately needed solar and wind generation capacity.
Spare Energy’s rapidly deployable and safe battery management technology simultaneously solves both challenges. The proprietary system is designed to take seconds to install on a used cell and requires none of the balancing and matching effort which challenges other second-life battery concepts. The Spare Energy team comes from safety, advanced materials, and control background, and has a long history of success in other hardware startup ventures. Since 2023 Spare Energy has been building the market to help its small and medium-sized business customers afford the same kinds of peak-shaving benefits that their larger competitors enjoy. The customers in the market for Spare Energy’s plug-and-play distributed power plants spend over 100M annually in Switzerland on electricity. Spare Energy can help substantially reduce these costs.
The Spare Energy team is thrilled to be part of the Venture Kick program and plans to use its kick to fund further market-building activities, including customer deployments.
WasteFlow: turning waste into value with vision
Globally, 2 billion tonnes of household waste are generated yearly, yet only 13.5% is recycled. Key challenges in recycling include managing the large volume and diversity of waste and overcoming inefficiencies in facilities.
WasteFlow's dedicated team consists of CEO Valentin Ibars, COO Théophile Agresti, and Elior Benarous, with the guidance of long-term advisors Xavier Juredieu, Nicolas Belissent, and Mathieu Salzamann, helping them turn this objective into reality. Valentin Ibars leads with a fusion of tech know-how and business experience, Théophile brings industrial prowess to WasteFlow sensor development, and Elior oversees the creation of a cutting-edge waste detection system. With Xavier's strategic insight, Mathieu's technical guidance from EPFL's CVlab, and Nicolas's data expertise, we're shaping the future of recycling, further enriched by EPFL's collaborative student projects.
WasteFlow will utilize Venture Kick funding to strengthen relationships with existing partners and customers, enhancing collaboration and support for advanced recycling solutions.
One in four people dies from thrombosis. Thrombosis is the first cause of death and debilitation worldwide. Studies indicated that 80% of all thrombosis is preventable if detected early enough. Today, there are no reliable tests available to detect the daily risk of developing an early thrombosis. To address this problem, AiMorphous is developing a revolutionary diagnostic blood test enabling the monitoring of thrombosis and bleeding risks.
Dr. San Pun, CEO, founded AiMorphous Health with Daniel Shoukier, CTO/CBO. The blood diagnostic solution designed to deliver real-time diagnoses, enables the monitoring of both thrombosis and bleeding risks. By utilizing AI and an advanced biomarker system, the device not only enhances medical diagnostics but also provides proprietary prediction for prevention, and improves the safety and efficacy of anti-thrombotic treatments, ultimately aiming to enhance healthcare quality and longevity. The biomarker is novel and enables direct measurement of early to late biomarkers of the immunothrombotic system, resulting from extensive exploratory research and dedicated product development efforts. The SOM is estimated to be 1 billion USD, and scalable to >300 billion.
The Venture Kick funds will contribute to business development and extending customer relationships, Innosuisse projects, and intellectual property.
Inveel: Advanced sensory skins that provide robots with the feeling of touch
Inveel addresses a critical gap in robotic capabilities—insufficient sensitivity on their surfaces.
Specializing in the development of high-resolution sensory skins that provide robots with a sense of touch, the innovation is based on Inveel’s groundbreaking technology that integrates nanometer-precision sensors on large-area artificial skins. Integrating these synthetic skins on robots empowers them with sensor-rich, flexible robotic hands, that enable fine motor control and precise manipulation of delicate objects. CEO Barbara Horvath and CIO Christopher Turpin aim to revolutionize robotics with their high-resolution skins that offer the capability to detect object presence, positions within the hand, and applied forces during grasping. Targeting the USD 15.4 billion Tactle sensor market, they cater to humanoid robots, robotic grippers, and prosthetics.
The Venture Kick funds will support market validation and refine market focus.
Optiverse: Revolutionizing Video Consumption with AI
Optiverse addresses a pressing challenge in today's content-rich environment: the significant time drain experienced by professionals as they engage with lengthy videos. This issue isn't limited to frontline employees, as managers and executives grapple with it. Whether it's sifting through irrelevant virtual meetings, YouTube tutorials, seminars, or other content, the cumulative effect is hundreds of lost hours per employee. Over time, this loss translates into millions of dollars wasted by companies.
Founded by Elio Assaf, Raphael Ausilio, and Mario Assaf, Optiverse's AI-driven SaaS product offers an innovative solution capable of summarizing extensive videos into concise video summaries. Their groundbreaking platform combines the strength of LLMs with an intelligent proprietary streaming engine, enabling automatic comprehension of video content, pinpointing key moments, patterns, and insights, and delivering precise information seamlessly. Positioned in a thriving market, with video streaming alone worth USD 600 billion, the growth potential is significant.
The funds obtained from VentureKick's first stage will be allocated towards market validation and product enhancement. Optiverse aims to rapidly scale up to deliver its productivity asset to the business world.
Spare Energy: Turn used batteries into decentralized power plants
Over 28,000 Tons of lithium-ion batteries are shredded annually in the EU, and most of those batteries have over 80% of their usable storage capacity. This trend is increasing and represents close to CHF 1B in value lost. At the same time, electricity grids across Europe and around the globe struggle to integrate desperately needed solar and wind generation capacity.
Spare Energy’s rapidly deployable and safe battery management technology simultaneously solves both challenges. The proprietary system is designed to take seconds to install on a used cell and requires none of the balancing and matching effort which challenges other second-life battery concepts. The Spare Energy team comes from safety, advanced materials, and control background, and has a long history of success in other hardware startup ventures. Since 2023 Spare Energy has been building the market to help its small and medium-sized business customers afford the same kinds of peak-shaving benefits that their larger competitors enjoy. The customers in the market for Spare Energy’s plug-and-play distributed power plants spend over 100M annually in Switzerland on electricity. Spare Energy can help substantially reduce these costs.
The Spare Energy team is thrilled to be part of the Venture Kick program and plans to use its kick to fund further market-building activities, including customer deployments.
WasteFlow: turning waste into value with vision
Globally, 2 billion tonnes of household waste are generated yearly, yet only 13.5% is recycled. Key challenges in recycling include managing the large volume and diversity of waste and overcoming inefficiencies in facilities.
WasteFlow's dedicated team consists of CEO Valentin Ibars, COO Théophile Agresti, and Elior Benarous, with the guidance of long-term advisors Xavier Juredieu, Nicolas Belissent, and Mathieu Salzamann, helping them turn this objective into reality. Valentin Ibars leads with a fusion of tech know-how and business experience, Théophile brings industrial prowess to WasteFlow sensor development, and Elior oversees the creation of a cutting-edge waste detection system. With Xavier's strategic insight, Mathieu's technical guidance from EPFL's CVlab, and Nicolas's data expertise, we're shaping the future of recycling, further enriched by EPFL's collaborative student projects.
WasteFlow will utilize Venture Kick funding to strengthen relationships with existing partners and customers, enhancing collaboration and support for advanced recycling solutions.