Stage of your startup
When did you start
Kepno, Greater Poland, Poland
Definition in 1 sentence
TechNovator – power at a distance charging system that allows to charge high power devices up to 200 Watts in a distance.
TechNovator WPT technology is a completely new method of transmitting energy at a distance from current existing methods on the market, such as (Inductive Coupling Power Transmission, Microwave and Laser.)
Are you incorporated?
Consumer electronics, Drones, Mobility, Smart City
How do customers use or interact with your product?
Product Demo Video Adress
Why do you want to attend this program?
1:1 meeting with potential partners, investors, pilot projects with companies, market access, prize winner.
Describe the problem you are solving
1. To give people freedom from cable. People can forget about annoying need to monitor battery level, look for a wire and stick to the power socket while charging.
2. To reduce business downtimes
3. Enable significant global savings of raw material for wires and batteries production, as well as reduce the amount of toxic materials disposal.
How are your customers solving that problem today?
We have cable or Qi standards, there is no technology to charge over a distance
Target custormers - Define customers, who are they
How do you plan to acquire customers?
To start the pilot project to integrate the technology into existing products. To propose affordable and unique and valuable solution to their customers, to reduce costs, to receive additional profit
What is your revenue model or expected revenue model?
1) Pilot projects
What is your target market?
Asia (China, Singapore, South Korea, Japan), EU, USA, Canada
drones, scooters, bikes, electronic devices, health care devices, etc.
What is your total available market size
What steps have you taken to validate the market?
Our technology is validated by Certification center an one global company. Also we received many requests from different companies (We signed more than 38 NDA, 5 MOU, 1 LOI, Currently, TechNovator is in negotiations with Huawei, LG Innotek, LG Electronics, Samsung, ASD Healthcare, Starnex, Elentec, Biel Crystal Manufacturing, N4L, etc.
Do you have competitors? Please write down the names
Competition: write down competitors and explain
Who are your competitors and how are you different?
We have the competitors, they use different tchnology but still no product on the market. Some advantages: 3D positioning - free movement of devices during charging, possible to charge high-power devices up to 200 Watts, possible to charge different devices at once, no any environment limitation for wireless charging solution, flexibility of technology (easy integration into various devices), safety. TechNovator successfully passed satety tests (CE certification)
What progress have you made in the last six months?
1) we have successfully passed safety tests for CE certification in EU
2) we have received R&D grant of 650 000 USD
3) We were selected as 100 Global best startups for South Summit 2019, Take off Summit 2019 (Turkey), Slingshot 2019 (Singapore)
How many customers/users do you currently have?
We have potential partners who able to start pilot projects with us. Different global companies are interested in TechNovator technology. We signed more than 38 NDA, 5 MOU, 1 LOI.
What is your monthly growth rate?
we are a deep-tech project. Currently we do not generate the revenue. We are planning to be ready with pre-sales product in 10 months.