The second edition of Point.IoT has come to an end with the 10 selected Galileo enabled IoT start-ups pitching as a part of the Demo Day and Investor Day. There can only be one winner though, so congratulations go to Packwise for taking out the top prize!
This dynamic team wants to redefine industrial packaging to make it more efficient, resourceful, and sustainable. With their smart container tracking solution, companies know exactly where their containers are and their capacity utilisation. On their experience in Point.IoT, Leopold Meindl shares, “We have learned a lot throughout the programme. The focus of Point.IoT and the sponsors shows once more the relevance of IoT solutions in the industry. Thanks to all mentors, organisers, and sponsors for making this possible”. Read on to see how they took out the #1 spot.
On 18 October all 10 teams participated in a Virtual Demo Day, where they pitched their solutions for solving transport & logistics problems and mobile robotics & automation challenges. This was the culmination of their hard work after a two-day bootcamp and a three-month technical and business development sprint.
The top 5 teams from the Demo Day were then invited to pitch at the Tech Tour Space Programme pitching sessions on 10 November that saw more than 100 participants join in. They pitched their ideas to a selection of investors, experts, and fellow tech start-ups. The Tech Tour Space Programme is designed to help start-ups developing solutions in the space sector or developing applications based on satellite data to secure investments for their product.
The teams pitched for investors such as Quantum Ventures AG, NewSpace Capital, ALTYN, CNES and Inveready to name a few. The winners were chosen by an Expert Jury of VC and corporate investors and are invited to present at Tech Tour Future22 in March 2022 – Packwise included. This exciting opportunity will give Packwise the chance to present their solution to all the winners from the different Tech Tour Programmes along with a great number of investors and guests from Europe, the United States, Eastern Asia, Middle East and Western Africa.
The top five teams to participate in the Tech Tour Space Programme were Packwise, Xylene, E20.GREEN, Earth Automations and Loctio.
Packwise offers an Industrial Internet of Things (IIoT) solution for smart container tracking and management of liquid goods.
Xylene offers a transparency and traceability solution for producers and importers of materials and products, to take control over their supply chain and comply with legislations, certifications and protect their brand reputation.
E2O.GREEN aims at radically improving the way Golf courses are operated by introduction of future proofed automated AI, IoT, and remote sensing powered irrigation, mowing, process and equipment optimization.
Earth Automations develops products and services for Agricultural companies and supports them in all difficulties with innovative solution to reduce company costs.
Loctio’s mission is to democratize the IoT location-based services by catering position capabilities to billions of devices out there, most of them confined by limited processing and power resources.
Congratulations to all the teams who participated in Point.IoT 2021! The combination of IoT and GNSS technologies offer a unique opportunity to create impactful solutions for the transport & logistics and robotics industries. Good luck to the teams as they continue on in their start-up journey!