Prototron TOP10 teams learn crowdfunding via Fundwise

For the first time, the prototyping fund Prototron 10 best teams have an opportunity to try to raise money through the equity crowdfunding platform Fundwise.

“Timing is the most important factor when raising funds through the equity crowdfunding platform. If the team comes too early, they will most likely not achieve the desired goal because they lack customers and the business model is still unreliable. At the same time, it is important to begin to promote your idea and brand awareness in the earliest phase. Therefore, we are very pleased to give the Prototron TOP10 teams the opportunity to practice the art of convincing investors already at the beginning of their business development and we wish them success in raising their first money” said Fundwise CEO Henri Laupmaa.

The following TOP10 of the 2018 autumn round, which collect investments:

DC Planner  is a software that uses AI to generate the most efficient data center layout possible in a concept phase.

UniPV2G  is developing a universal converter solution for any type of PV panel/module.

Pillirookõrs is helping to solve our planet-wide plastic waste problem offering an alternative reed material for dishware.

Questcity  is developing an VR-augmented professional platform for designing and completing interactive quest-excursions.

Strafos  is building environment for needs of the business aviation industry to help with the data flow and automatization.

Captain Corrosion  is developing handheld corrosion management device and providing corrosion-related consultations.

Plastteed  aims at developing modular pavement blocks from recycled plastic.

Vetik is working on a marine algae based natural and healthy red colorant to substitute current unhealthy ones used in the cosmetics industry.

Bercman  is developing smart infrastructure based products to accelerate the advent of self-driving vehicles.

Decomer Technology  is developing a novel water-soluble packaging material suitable for food and other industries.

According to Jana Pavlenkova, Prototron CEO, raising the investments through the equity crowdfunding platform provides the TOP 10 teams with an additional opportunity to carry out their idea, but most of all, sales experience. “TOP 10 teams that gone through the Prototron application round are exactly our target audience – several ideas have risen from research, teams believe in their idea, know how to implement it and are ready to work hard on that.” Pavlenkova added that some teams have prepared remarkable appreciations to the big supporters – a flight with a private flight, for example!

The teams raise money through Fundwise until 6th of December, 2018 at 6pm, then the winners of the Prototron autumn round will be announced.

Get familiar with teams and invest in your favorites https://prototron.fundwise.me/

Prototron that was created in 2012 in cooperation with Swedbank, TalTech and Science Park Tehnopol increased their amount of support up to 130,000 euros in this year, there are 70 000 euros to give out this Autumn, in addition to the amount raised through Fundwise.

In last five years, Prototron received applications with 3100 different business ideas, including 59 project that were successful in receiving funding of 730 000 in total for creating the prototypes vital for their product development process. Prototron-supported teams have attracted the follow-up investments of € 17 million.

You can watch the team pitching HERE.

The teams had their The Pitch at the legendary Tehnopol Startup Incubator Networking Night, where the star of the night was “Steve Jobs of Sustainability” and author of Blue Economy Gunter Pauli. You can see his inspiring talk HERE.