Executive

TechNovator

http://technovator.co/
Progress records
0
Stage of your startup
Prototype
When did you start
March 2015
City
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.
Elevator pitch
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?
Yes
Category
Consumer, Hardware
Sector
Consumer electronics, Drones, Mobility, Smart City
How do customers use or interact with your product?
Hardware-wearable
Product Demo Video Adress
Video Password
Startup Presentation
Other Documents
Image gallery
Why do you want to attend this program?
1:1 meeting with potential partners, investors, pilot projects with companies, market access, prize winner.
Create Date
Tuesday, February 11, 2020 16:59 (Ruslana Dovzhyk)

Business model

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
2) Licensing
3) Subscription

Market info

What is your target market?
Asia (China, Singapore, South Korea, Japan), EU, USA, Canada
B2B, B2G
drones, scooters, bikes, electronic devices, health care devices, etc.
What is your total available market size
$ 25,000,000,000,000
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
Competitor name
Competitor website
powercastco
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)
Traction / KPIs
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.
Describe traction

Finance

How much runway do you have left(Month)?
24
How is equity divided?
Equity type
Name surname
Email
Equity
Founder
Leszek Sawicki
% 47
Founder
Ruslana Dovzhyk
% 33
Founder
Igor Lykhovyi
% 15
Founder
Arkadii Romanenko
% 5
How much money raised since start?
$ 1,200,000
Revenue lifetime
$ 0
Last months revenue
$ 0
Investment round
Target fund to raise
$ 1,000,000
Equity on offer
% 20
Number of employees
6
Other info Write bullet points (Grants, prizes, acceleration)
Add more comments

Team

Owner member
Yes
Member role
Co-founder
Name surname
Ruslana Dovzhyk
Title
TechNovator
Education
Bachelor Degree
School name
Sumy National Agrarian University
Birthdate
19 September 1976
City
Kepno, Greater Poland, Poland
Short Bio
Ruslana Dovzhyk, co-founder, CBDO, has 16 years of experience as Business Development manager and head of HR. She is previously successfully developed a largest restaurants chains and other projects.
Meeting story with Cofounders
All founders know each other's more than 10 years. Ruslana worked with Leszek in UK in 1997. Leszek was her manager. Later in 2006 Ruslana worked together with Igor. In early 2014 Leszek, Ruslana and Igor decided to establish a company which would be focused on the development of innovative products and bringing them to the market. To realize the intent and to choose the most viable idea they organized several meetings.
Working together time
More than 5 years
Owner member
No
Member role
Co-founder
Name surname
Igor Lykhovyi
Title
COO
Education
Bachelor Degree
School name
Kyiv International University
Birthdate
07 May 1981
City
Kepno, Greater Poland, Poland
Short Bio
Co-founder & СOO at TechNovator. Education: Kyiv International University Kyiv, Ukraine, 1998-2003, Interpreter of Arabic and English.Experience: Over past 10 years he occupied management positions in various corporations. He occupied a position of Commercial Director at advertising company and was
Owner member
No
Member role
Co-founder
Name surname
Leszek Sawicki
Title
CEO
Education
Bachelor Degree
School name
Uniwersytet Ekonomiczny w Poznaniu
Birthdate
10 September 1968
City
Kepno, Greater Poland, Poland
Short Bio
Co-founder & CEO at TechNovator, Founder and General Director Progress Engineering, Managing director and co-founder of Airslide -HRC Hovercraft Research Centre Ltd. Education: Poznan University of Economics Poznan, Poland, 1987-1992. Experience: For the last 20 years, Leszek worked as an entreprene
Meeting story with Cofounders
During workin in UK 1996
Working together time
since then
Owner member
No
Member role
Co-founder
Name surname
Arkadii Romanenko
Title
CTO
Education
Bachelor Degree
School name
rkiv National University of Internal Affairs
Birthdate
04 February 1988
City
Kepno, Greater Poland, Poland
Short Bio
Co-founder & CTO at TechNovator. Education: Kharkiv National University of Internal Affairs, specialty “Information Control Systems and Technologies”, 2005-2010. Experience: Arkady has 11 years of professional experience in the development of antennas, building complex transmission systems, electro