Tag: YES!Delft startup

YES!Delft at the Odyssey Hackathon 2019

As part of our partnership, YES!Delft visited the Odyssey Hackathon in Groningen, the largest AI and Blockchain hackathon in the world. Managing Director of YES!Delft The Hague Ras Lalmy, Technical Director for the Blockchain Focus Area Neil Smyth, Focus Area Manager for AI Noor Figdor attended the hackathon as jedis.

 

From Friday until Sunday, 100 teams battled it out 20 different challenges. In the 48 hours allotted, the teams looked for AI and Blockchain solutions for anything from Tokenizing Ecosystems to Crisis & Disaster Management. The ambitious challenges attracted many ambitious teams, of which our very own,  Circularise and Mythronics.

 

Apply to the AI/Blockchain Validation Lab

Application deadline: April 22, 2019.

 

And the winner is….

Circularise is one of the startups that have moved to the YES!Delft The Hague. They are working on solving communication barriers in the value chain with blockchain technology to enable a circular economy. In Groningen, the Circularise team was victorious in the Tokenizing Ecosystems track.  They worked on visualizing investments in open source protocols for investors, and generating smart contracts that run the protocols, allocate transaction fees, and govern a voting system.

Mythronics, one of our Accelerator program alumni, was awarded the second place in the Fossil Free Future track! The team created a solution for households with solar panels to confidently certify their solar energy production and provide accurate insight for the entire ecosystem in household energy production.


“It’s great to see YES!Delft startups Circularise and Mythronics do so well at the Odyssey Hackathon. It has been a tremendous experience for everyone, a huge amount of positive energy from all kinds of participants who are driven to re-imagine how we solve societies challenges. Well done to Rutger and the team on bringing all the people together!

Neil Smyth, Technical Director for the Blockchain Focus Area

 

The power of team

For startups, the team is essential for success. This becomes even more clear in a pressure cooker environment like a hackathon. We spoke to Socialtec: a team of three colleagues, a family member of the team captain, and two other guys that flew in from Berlin. How is that for teamwork? They were part of the Inclusive Banking track developing a way to transition to a local, circular and inclusive economy.

 

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So instead of exchanging money for goods and services, their answer is an app where people can easily trade and asses their offerings. This means there would be an ecosystem that allows you to exchange whatever you have in abundance. We bartered a handful of our YES! bars with team captain Michiel for his pitch.

“All the offers on our network are available through blockchain. Because there is an issue in peer2peer networks because you cannot see the entire system. Therefore you have to centralize this information on some medium, so you can access it, but then who owns it? That’s where blockchain comes in. We put the offers on the blockchain so that it’s centralized in a decentralized way.  These are the words of our smart developer who was smiling when he was explaining it to us.”

Michiel Heij, SocialTec Team Captain

Another team that caught our attention were the Future Fire Fighters team, who only met in real life on the first day. Even though two team members that participated in the last year’s hackathon, this year they teamed up with one Italian girl and two Bulgarian guys. Their solution to help emergency responders make faster and safer decisions. Their solution was to collect and analyze information from both closed and open data streams. With this they won the Crisis & Disaster Management track.  

“The next step is to realize the potential in the teams and ideas from the hackathon. Here I believe that YES!Delft can play a key role with our proven startup Validation Labs together with our new Digital Hub in The Hague focused on AI and Blockchain.  Our goal is to make the Digital ecosystem in The Hague a vibrant reality – and these challenge winners are clear examples of ideas that we can help realise so I encourage them to apply for our upcoming AI/BC Validation Lab. An inspirational 5 days but only the first step!”

Neil Smyth, Technical Director for the Blockchain Focus Area

 

Apply to the AI/Blockchain Validation Lab

Application deadline: April 22, 2019.

Tech Startup Case: Adeezy

Startup life is unpredictable. In the YES!Delft startup incubator we believe in sharing successes as well as failures. We want fellow entrepreneurs to inspire each other and learn from each other. By telling their stories on a case by case basis, you can learn about all the different (and sometimes wholly unexpected!) things you might encounter on your startup journey. 

 

Adeezy is a SaaS-startup from the YES!Delft AI/Blockchain Validation Lab. They are focused on building a platform where brands and agencies can plan and execute cost-effective social media campaigns. Adeezy uses the latest technological solutions such as Blockchain and Artificial intelligence to deal with problems in current online marketing, such as ad fraud, transparency and aversion to advertising.

 

The eleventh hour

After Adeezy’s initial investor ended up being unable to deliver right before the holidays, they had to re-start the arduous process of searching for new investors. Then, after the New Year, when Adeezy was in the process of finalizing a new investment, the deal fell through at the eleventh hour. This left the team without funding while developing their product – and the bills were due.

“It was a Thursday night, and things were looking pretty bleak for us. The next morning we were meeting with an investor, but we didn’t expect much of it – it felt like a last-ditch attempt. That Friday morning the rollercoaster began, and the one-minute pitch we perfected in the Validation Lab proved to be the key.”

Marco Berkheij, Adeezy co-founder

 

The Friday morning investor meeting proved to be successful, even though it didn’t provide all the funds Adeezy needed. However, because they were in the YES!Delft AI/Blockchain Validation Lab, Adeezy had access to all the YES!Delft services.

 

YES!Funded

One of those services is YES!Funded. On the advice of startup trainer Noor Figdor, Adeezy got in touch with Investment Director Jan Geert van Hall. They met on  Friday before noon, pitched their story, and Jan Geert immediately referred the team to an investor meetup in Amsterdam that same afternoon.

 

“While is it extremely unique to find funding so quickly- within the space of a day – it speaks volumes about the quality of the company, the team, and their pitching skills. At YES!Funded we have quick access to the right investor networks for our startups, a benefit of being with such a prestigious organization as Yes!Delft.”

Jan Geert van Hall, Investment Director

 

In the YES!Delft AI/Blockchain Validation Lab the Adeezy team had perfected their pitching skills with startup trainer Noor, and so was more than ready with a strong and relevant proposition for the investors. And it paid off – 12 out of 15 attending investors visited Adeezy’s breakout session and showed interest in potentially investing. The Adeezy team went home that evening, satisfied their startup journey would continue.

 

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“During our training in the YES!Delft AI/Blockchain Validation Lab the Adeezy team did great with their pitch – they worked hard, and we challenged them to condense their story and highlight the strength and relevancy of their proposition. This success goes to show the importance of a fantastic pitch, and how much of a difference it can make.”

Noor Figdor, Startup Trainer

 

About YES!Funded

YES!Funded is a YES!Delft service launched in January 2019. The service is aimed to assist entrepreneurs in planning their financial strategy and seeking funds. Do you want to know what YES!Funded can do for you? Visit the website!

 

About AI/Blockchain Validation Lab

The AI/Blockchain Validation Lab is a unique YES!Delft program, based in the brand new Digital Hub YES!Delft The Hague. During this unique two-month ‘pressure cooker’, aspiring entrepreneurs discover the business potential of their ideas. The part-time program helps participants to explore and validate their ideas, product/market fit, and business model while enabling them to continue to work on their business. Participants also get access to the extensive YES!Delft ecosystem of experienced mentors, investors, corporate partners and launching customers.

 

The next AI/Blockchain Validation Lab kicks off this May! APPLY BEFORE APRIL 22, 2019

Apply to the AI/Blockchain Validation Lab

Top 10 startup success stories: March

It’s has been a busy month for the startup incubator YES!Delft – we officially opened our new location, YES!Delft The Hague. And our startups have been hustling too!  
Here we have selected the top 10 startup success stories for March:

 

1. Envision

Not only has AI startup Envision made the move to the brand new YES!Delft the Hague Digital Hub, at its grand opening they celebrated having successfully raised 250 000 EUR seed investment. Of course, they did so in traditional YES!Delft style; sabering champagne like pros!

 

The next AI/Blockchain Validation Lab kicks off this May! APPLY BEFORE APRIL 22, 2019

Apply for the AI/Blockchain Validation Lab

 

2. Warp Industries

At Get in the Ring 2019, EdTech/AI startup Warp Industries wowed the 16 judges and came out on top in their battle. Out of 87 participants, this startup pitched their way to the top! This means they will be attending Global Meetup 2019 in Berlin, a huge networking event with other startups, investors, and innovation professionals.

 

3. VIBES.technology

Since 2016 the team has been developing intuitive and user-friendly applications that make complex sound and vibration levels analysis accessible. Now VIBES.technology have launched DIRAC, the first software of its kind and a breakthrough application for test-based modeling. DIRAC ensures traceability of results and indicates the quality of the measurement.

 

4. Smart-Ship

Currently in our Accelerator Program, Smart-Ship continues to make waves! Their ambitious goal of autonomous shipping has landed the team a feature in Maritime Delta. Their innovative technology aims for a harmonious collaboration between man and machine to minimize human error in the shipping industry.

 

5. NOWI

The Dutch Semiconductor innovator won first place at the 2019 IoT World Cup for its work on energy harvesting technology. NOWI technology enables companies to use the energy that is already readily available around the device. This can be light, heat, movement or even radio waves. There is energy all around us that can now be converted and used to power IoT devices.

 

The next Complex Tech Validation Lab kicks off this May! APPLY BEFORE APRIL 15, 2019

Apply for the Complex Tech Validation Lab

 

6. STIL

This MedTech startup, developing a brace to help stabilize the hands of Parkinson’s patients, has received funding from the Rabobank Innovation Fund. Moreover, Rabobank and STIL have joined forces so that the anti-tremor brace can be tested in a Clinical Study.

 

7. Somnox

This robotics tech startup dream team has landed (another!) feature by the BBC. Moreover, the first sleeping robots are on their way to the earliest backers of the startup! The first sleep robots started to reach their Kickstarter backers this week! A dream come true!

 

8. BI/OND

Big round of applause: BI/OND, one of our MedTech startups, has made it to the final of the Philips Innovation Award! On May 6, BI/OND are pitching against 4 other startups in the Innovator Award category grand final. And they’re not the only YES!Delft startup! DeNoize, part of the Accelerator Program, is in the final as well. The main prize is 50 000 EUR cash. Fingers crossed for both of these amazing startups!

https://www.facebook.com/philipsinnovationaward/photos/a.376196972338/10156292742182339/?type=3&theater

 

9. Solar Monkey

The startup, whose innovative software maps the yield of solar panels, has raised 1M in funding. The money will be used to speed up the rollout, and breaking through in the international market!

 

10. Hello Tomorrow

We visited the Hello Tomorrow Summit in Paris, where we met many familiar faces! Rob Bedeuker, DSM Investment Director and one of the mentors from our upcoming BioTech Validation Lab, was a speaker in the summit. He talked during an investment panel focused on BioTech. Moreover, we were delighted to see some of our startups in attendance!

DeNoize, part of our Accelerator Program, ran a busy booth showcasing their noise-reducing glass solution.  

Nowi, incubated at YES!Delft, pitched in the Industry 4.0 track.

Munevo, EITHealth Validation Lab 2018 alumni, pitched in the Healthcare track. They also ran a booth where visitors could try out moving a scooter with smart glasses!   

 

The BioTech Validation Lab kicks off this May! APPLY BEFORE APRIL 5, 2019

Apply for the BioTech Lab

What does a startup scout do?

As the startup landscape in the Netherlands keeps expanding, new types of jobs keep springing up. For example the startup scout. But what do they do? Our very own Emma Kluwen answers that question and more in her interview with Sprout!

Read the whole interview, in Dutch, here.

Does it sound like your dream job? You’re in luck! We have a position open for a startup scout at YES!Delft. You’ll have to hurry though, because the application deadline is December 14th (17:00), 2018.

More information about the job and how to apply HERE.

UNIIQ invests in Qlayers

Congratulations to YES!Delft startup QLayers! At the Metropoolregio Rotterdam Den Haag-event 2018, it was announced that investment fund UNIIQ will support the further development of QLayer’s coating print head to the tune of € 300,000.

QLayer’s print head, the Slash100, enables fully the automated and controlled application of paint to large, industrial surfaces, while minimizing paint loss through mist. This makes the Slash100 an efficient and environmentally friendly solution, without compromising the quality of the finished product.

The full press release (in Dutch) can found on the UNIIQ website.

Meet YES!Delft’s fresh batch of tech startups

From nano-coolants to inventory tracking drones, and dissolvable bone implants: tech incubator and accelerator YES!Delft proudly presents the new batch of startups from its Accelerator Program! Over a three-month period, the selected startups in the tailor-made program set the foundations of their business. The ultimate goal of YES!Delft’s Accelerator Program is to help the startups hit the ground running in their market and enable them to grow to EUR 1 million in revenue.

At YES!Delft we have over 13 years of experience and expertise to support tech startups in Blockchain, MedTech, Artificial Intelligence, Aviation, CleanTech, Robotics, and Complex Technology. We offer guidance and an ecosystem of mentors and experts, investors, and innovative corporations to help startups make the biggest impact possible. Now, these eight ambitious startups are ready to bring their tech solutions to the market to meet their first customers and find their first investment.

 

Apply for the 2019 Accelerator Program now!

 

THE TEAMS

HySiLabs
HySiLabs delivers a unique hydrogen transportation solution: an innovative hydrogen liquid carrier. Hydrogen is transported as a liquid, which is easier, cheaper and safer than in a gaseous form, enabling the use of existing logistics.

MedCore
In modern surgery, it is fundamentally important that surgeons get a thorough insight into the patient’s anatomy using medical images. However, the need to remain sterile in operating rooms (ORs) means that surgeons are reliant on someone else to perform simple actions such as zooming in on an image. “My procedures would be greatly enhanced by an intuitive way of controlling imaging tools from inside the sterile zone,” says Maarten van der Elst, trauma surgeon at the Reinier de Graaf hospital in Delft. Our personalized OR dashboard, AirControl OR, can be controlled by anyone from anywhere in the OR through sterile and intuitive hand gestures. We are working in close collaboration with clinicians and hospitals to make this solution an essential improvement for any surgery and are open to new collaborations.

Mythronics
Mythronics is an artificial intelligence platform which helps industries to reliably inspect, monitor and analyze their critical assets autonomously. Our AI platform will simplify data processing tasks, generating reliable insight that will help experts predict the probability of failure and helping them to make data-driven decisions.

Olympian
Artificial intelligence is changing the world. From managers to developers, Olympian enables anyone to learn AI. It’s an online platform that teaches AI in a new, and unique manner. Together with university professors and industry professionals, Olympian creates concise videos, engaging quizzes, and fun assignments to learn AI within days.

Sophos
A big problem in the warehousing industry is to maintain an accurate inventory count.
Therefore it is common practice to perform routine manual inventory counts, which are slow, expensive and disrupting to daily operations. At Sophos Robotics we use small autonomous drones for inventory tracking, which reduces lost inventory as well as warehouse downtime. We are currently preparing our first pilot project and are looking for more partners in the warehousing industry.

Synano
Boost the cooling performance of your high-tech equipment with our nano-coolants! Synano develops next-generation cooling fluids that contain nanoparticles, which remove heat faster than current coolants. Nano-coolants can make your equipment smaller, faster, efficient and reduce your energy consumption.

Phoenix Bone Tech (PBT)
PHOENIX BONE TECH (PBT) is the first Dutch MedTech startup manufacturing dissolvable bone implants for orthopedic surgery. The use of magnesium composite implants eliminates the need to remove the implant because the material itself becomes bone. No second surgery, no implant failure and no risk of infection.

Praxa sense
Heart rhythm diseases are often discovered late; the symptoms are vague and hard to recognize. This causes roughly a third of all deaths around the world, making cardiovascular disease the number one killer globally. Praxa Sense is developing Afi, a small sensor that a patient sticks on his arm and that helps general practitioners in early diagnosis of heart rhythm disease. With Afi, Praxa Sense introduces a long-term monitoring device that supports the first line care and smoothes out the patient journey. To create the best product for and by general practitioners, we are looking for general practitioners that want to co-design and think along the design process.

 

Accelerator Batch 2

 

BUILDING TOMORROW’S LEADING FIRMS

At YES!Delft we believe in the impact tech startups can have because they provide a crucial contribution to the progress of our economy and society. We foster technological startups to become leading in their industries. We promote and stimulate entrepreneurship to accelerate solutions to modern-day challenges. At YES!Delft we unite the forces of startups, coaches, investors, and innovative corporations to fuel entrepreneurial success. We offer guidance and support in building and growing a company and we encourage students, professionals, and scientists on their path of entrepreneurship. Because we put the entrepreneur’s interest first, promising ideas of ambitious people can be turned in to solid startups and successful companies.

Apply for the 2019 Accelerator Program now!

Mars lander with a local touch

You hardly could have missed it – last night the NASA InSight lander touched down on the surface of Mars. We are especially excited, as YES!Delft startup T-Minus Engineering has been involved with the mission.

InSight’s objective is to study the ‘inner space’ on Mars. More precisely, to gain an understanding of the formation and evolution of terrestrial planets and determine the planet’s tectonic activity.

Since 2013, T-Minus Engineering has been part of the project as a subcontractor of DLR (Deutsches Zentrum für Luft- und Raumfahrt). They were specifically involved with the HP3 payload, which is central to the mission’s objective. The payload consists of a mechanical “Mole” that can penetrate the surface up to 5 meters.

T-Minus Engineering was involved via DLR Bremen in the Assembly Integration and Testing (AIT) work on prototypes, proto-flight and flight models of the Mole. Moreover, they worked on the development- and qualification testing activities, in terms of test design, preparation, execution, and reporting.

 

Image Credit: NASA/JPL-Caltech

Artificial intelligence: Enhancing people and businesses alike

Big data, machine learning and artificial intelligence (AI) are no longer a vision of the future. In fact, they are already changing the way we go about our daily lives and work: from making processes more accurate and efficient, and deriving once-unthought-of insights, to developing life-changing applications. Their potential is undeniable and it is only bound to grow.

Tech startups, in particular, have identified and embraced this trend. Whether targeting business clients or end consumers, many of them have discovered the potential of machine learning and AI to bring unique value to the market.

AI for the maintenance industry

One of those startups is Dutch Analytics, a young company – co-founded by entrepreneurs Yannick Maltha, Jorick Naber and Victor Pereboom – that leverages machine learning and AI to help businesses improve their predictive maintenance capabilities.

Its innovative AI driven Predictive Maintenance platform collects and analyzes all types of data, providing users with quick and actionable insights about the state of their assets.

Dutch Analytics started in 2016 and grew out of a corporate-startup collaboration with BAM Infra Rail, a Dutch construction company, and with the support of the Venture Generator, a business bringing corporates and startups closer together. It is also a part of YES!Delft’s portfolio.

 The team’s decision to focus on machine learning and AI technology was largely based on the need of BAM Infra Rail to become more data-driven and efficient in optimizing their maintenance process.

“We live in an information-driven society,” Victor says. “There are large amounts of data that we need to measure, and AI enables us to squeeze more insights out of it.” That is especially true for businesses that deal with ever-growing amounts of data on a daily basis.

While many might see the deriving actionable output as their biggest challenge, Victor and his team think a few steps ahead: “The challenge is actually in getting the right input.”

Basing results on incomplete or not fully relevant data is as good as basing them on no data at all. Thus, Dutch Analytics – now a team of 13 – make sure that they are transparent with their clients and work hand-in-hand with them to collect, process and analyze their data. After all, the beauty of an AI platform is its ability to learn as more data comes in, so it’s crucial for it to be learning the right lessons.

 

Apply to the first AI / Blockchain Validation Lab in Europe

 

 

AI to help the visually impaired

Working closely with their customers is also AI startup Envision, part of YES!Delft’s community as well. Founded by entrepreneurial duo Karthik Mahadevan and Karthik Kannan, the company has developed an AI-powered tool that helps visually impaired people become more independent in their everyday lives.

It all started a few years back when Karthik M. visited a school for visually impaired children in India, and asked them about the biggest challenge they’re facing. The most common answer: to become more independent. That experience, together with a keen interest in AI, set him on a journey to find a solution. “I’m a designer,” he says. “Finding solutions is what I do.”

He teamed up with Karthik K. and in early 2017, they laid the foundation of Envision. In only a year, they have developed software that can be applied to a number of different platforms and is currently available as a smartphone app. With it, visually impaired people can use their phone to take pictures of objects, people or scenes, and immediately understand what is in front of or around them. In their own language, too.

As the technology is based on AI, users can tag objects and faces, thus teaching the app to automatically recognize their personal belongings, as well as family, friends, and more.

“The market has shown that they need an intuitive design,” Karthik M. says. In making that possible, the two founders spent a lot of time observing how visually impaired people use the app.

“A lot of them operate it with voice, so audio output turned out to be very important,” Kathik K. adds. “That was something we learned along the way and made sure to adapt to.” As a result of catering to the specific needs of their customers, Envision has been enjoying an increasing number of users every month.

While AI has great potential in improving people’s lives and enhancing business processes alike, it is still largely dependent on human knowledge and interaction. Startups understand that and are ready to build a future where people and technology work hand-in-hand to make each other better.

 

Apply to the first AI / Blockchain Validation Lab in Europe

 

Innovation fund FundIQare invests in Momo Medical

Yes!Delft startup Momo Medical had an amazing announcement at yesterday’s Venture Café Rotterdam. FundIQare wants to support Momo Medical with a financial injection to expand the production capacity and scaling up the startup. They will also get the opportunity to further develop their technology in a living lab environment.

 

Momo Medical, founded in 2017, is an initiative of the young Delft entrepreneurs Ide Swager and Menno Gravemaker. They developed a tech solution for the prevention of pressure sores (decubitus ulcera) in elderly and chronically ill patients. The technology consists of a compact combination of sensors that can be used flexibly in beds. A sensor plate is placed underneath the mattress, which is connected to a control unit. The smart sensors and advanced algorithms map the client’s lying behavior and communicate it in a clear manner to health care professionals.

 

Momo Medical co-founder Menno used a soccer analogy to refer to their 19-month journey as a startup. “There is the saying in soccer that you always have to keep an eye on the ball. We believe there’s more to it because if you only have the eye on the ball you forget what the goal is and you lose sight of the people around you. And at the end of the game, you also need to reflect in order to learn.”

 

You can read the whole story of Momo Medical here and their press release here.

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