NDRC just launched there new cadre of LaunchPad participants. Each receiving 20K investment. Like Wayra, which we feature regularly, NDRC is another example of excellence in the area of accelaration and incubation. In fact NDRC was named ‘Top IT University Business Incubator for 2013’ in the world. Making ventures is their tag line. And they do. By the end of 2013 their portfolio of startup ventures had secured €40m in commercial investment from angel and VC investors. Each year they work with over a 1,000 individuals to develop their business.
As always it is best to express the incubator throug the companies they work with. Here are the new LaunchPad companies:
Akita which reimagines customer intelligence and lets businesses use today’s productivity software from Dropbox to MailChimp and Google Apps to get a greater insight into their business and how they are interacting with customers. The company aims to raise seed funding and plans a full product launch this summer.
Adyuka showed how it can help consumers better organise their online product searches, share them with friends and family and predict future buying trends. It is hoping to raise €500,000 to scale its team.
goBramble is a start-up that has created an app to allow plant lovers to identify plants by just taking a photo. “The average person knows 1,000 brand logos but couldn’t name 10 plant species,” reasoned founder Orla Fitzmaurice. She told the audience she wasn’t looking for funding but planned to spend the summer travelling through Ireland in her campervan snapping photos of plant species to beef up the goBramble app.
Legalshine is an app that reads text on legal bills in order to help firms understand what the lawyers actually did for them. The company demonstrated that by targeting organisations with revenues of €1m a year, it is looking at a revenue opportunity of €1.5bn. The company has already analysed €1.2m worth of legal bills and has signed up six brand names, including AIB as customers.
BookieWookie is a start-up led by a husband and wife team who are credited with having already sold 26m mind game units and are now attempting to create a global brand by fostering childrens’ love of reading and writing. The company aims to take on players like Club Penguin and Moshi Monsters by creating a marketplace, publishing platform and toys that allow kids to publish their own books on demand.
Meebler is a multichannel engagement platform that allows businesses to simply communicate and engage with customers over any messaging service on any device.
Tubett is gamifying how people consume, interact and share YouTube videos; by creating a social game where players can buy/sell videos in a fantasy stock market. Value of the stock fluctuates in proportion to video’s popularity. They are transforming social actions on videos, of over 100 million people per week, into a game.
Zilta is a start-up that makes simple phones for smart people by focusing on web accessibility and continuous learning and is targeting the over-55s market. It plans to have the first Zilta smartphone on the market by December this year.
Localmint helps consumers find retailers easily and quickly no matter what device they are using. Last year more than 850,000 consumers in the UK and Ireland used the platform.