Wuolah and Valkyrie Industries: Difference between pages

Revision as of 16:01, 17 May 2022

Summary

Valkyrie Industries is the maker of the wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. With the primary application in the space robotics market (estimated $4.36bn in 2023), BiFrost has been piloted successfully with a UK space agency.

Raised close to $500k in grants & equity to develop first prototype
Patent granted in the UK. Filed in China, Japan, EU and the US
Featured on Discovery channel, TechCrunch, IDTechEx
Our first development kit is ready (TRL 6) to lease for early adopters

Idea

Globally Augmented reality (AR) and Virtual reality market is estimated to reach $1 trillion by 2030, at CAGR of 42.9%. While the major application for VR is found in gaming, it is shaping our future beyond entertainment. Some industrial application including design & engineering for the automotive industry, surgical training for medical doctors and many others.

At Valkyrie Industries, we have developed a wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. Our vision is simple. We want to recreate the human nervous system with technology.

Our first pilot project with a UK Space Agency was a success. The objective of the pilot is to develop a robotic arm to use in space, operated using haptics enhanced VR to transmit information such as pressure, vibration and resistance.

BiFrost is ready for early adoption (TRL 6)

Milestone achieved

Completed 2 demos to BMW Startup Garage and Evonik; pilots completed with Storyfutures and UK Space Agency
Letter of intent from 7 companies covering both collaborations and leasing of the product
Awards: GoTech Awards, The Alconics (shortlist), Jumpstarter

We plan to offer our first development kit BiFrost to early adopters at $10,000 per month, with full technical support.

Funding will be used to continue to develop our technology, support our early adopters and strengthen our IP protection.

Team

Kourosh Atefipour, Co-founder & CEO

Kourosh has years of experience as a designer & engineer. With an MA/MSc in Innovation Design Engineering from Imperial College of London and Royal College of Art, Kourosh has experience of working for Nokia and as Lead Industrial Designer at Xylem.

Dr. Ivan Isakov, Co-founder & CTO

Ivan has years of research experience in silicon electronics, nanotechnology, microfabrication, and flexible electronics. PhD in Electronic and Electrical Engineering from University College London.

Raj Sharma, Observer

With core expertise in the fashion, textiles and garment industries, Raj brings an excellent set of skills to bring Valkyrie’s wearable technology to life.

Advisors

Bay McLaughlin

With his experience as a Business Partner at Apple, Bay helps the team as an advisor in investment, fundraising and pitch coaching.

Les Gill

With years of experience in the engineering and manufacturing sectors, Les brings contracts and potential partnership interest to Valkyrie.

Dr Katya Mileva

A Professor and the Director of Sport and Exercise Science Research Centre, London South Bank University.

Dr Ali Asadipour

Ali is the Academic Lead in Computer Science at the Royal College of Art. His innovative training interface was shortlisted by Innovate UK as one of the top three choices for enhanced medical training and care challenge.

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 ==Summary==
-Wuolah believes that everyone needs help passing their university tests; that's why they exist. Their research indicates Wuolah is one of the largest collaborative and 100% free platforms for sharing study material among students. It has 2M+ registered users and aims to keep growing. After this raise they will start planning their expansion into new countries in LatAm.
+Valkyrie Industries is the maker of the wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. With the primary application in the space robotics market (estimated $4.36bn in 2023), BiFrost has been piloted successfully with a UK space agency.
-* Best Spanish Startup - European Business Angels Network Congress 2017
+* Raised close to $500k in grants & equity to develop first prototype
-* 1M students have used Wuolah this academic year. 4M+ uploaded files.
+* Patent granted in the UK. Filed in China, Japan, EU and the US
-* €2M raised so far, including debt & equity.
+* Featured on Discovery channel, TechCrunch, IDTechEx
-* Wuolah content creators have received €500k so far.
+* Our first development kit is ready (TRL 6) to lease for early adopters
 ==Idea==
-<vimeo>556097357</vimeo>
+<vimeo>521989889</vimeo>
-In 2015, we identified a problem: at some point, everyone needs help passing a university test but there isn’t a free, collaborative, and centralized hub where students can find and share helpful materials related to their studies. Enter Wuolah; a free platform where students upload their study materials and receive an economic reward for doing so. Other students can then use those materials to pass their tests.
+Globally Augmented reality (AR) and Virtual reality market is estimated to reach $1 trillion by 2030, at CAGR of 42.9%. While the major application for VR is found in gaming, it is shaping our future beyond entertainment. Some industrial application including design & engineering for the automotive industry, surgical training for medical doctors and many others.
-Traction:
+At Valkyrie Industries, we have developed a wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. Our vision is simple. We want to recreate the human nervous system with technology.
-* 1M students have used Wuolah this academic year
+Our first pilot project with a UK Space Agency was a success. The objective of the pilot is to develop a robotic arm to use in space, operated using haptics enhanced VR to transmit information such as pressure, vibration and resistance.
-* 4M+ uploaded files and 9000+ active content creators
-* 30M+ files are downloaded each year
-* 20 min average session duration
-* Organic growth with a strong virality on social media.
-* Wuolah is the nº1 result on Google when searching for the word ‘apuntes’ (course notes) which is helping us become one of the largest Spanish speaking student communities
-We monetise by placing ads on study materials uploaded by users. Ads are therefore seen during long revision hours by those who download the materials. Our model has attracted brands like Netflix, HBO and Burger King, making us the “YouTube for study materials”.
+BiFrost is ready for early adoption (TRL 6)
-With our fundraising we want to expand into Mexico and start running experiments in 5 new countries within LatAm to keep growing. We also want to add new functionalities like the possibility for creators to share premium materials so that they can make more money on Wuolah.
+Milestone achieved
+* Completed 2 demos to BMW Startup Garage and Evonik; pilots completed with Storyfutures and UK Space Agency
+* Letter of intent from 7 companies covering both collaborations and leasing of the product
+* Awards: GoTech Awards, The Alconics (shortlist), Jumpstarter
+We plan to offer our first development kit BiFrost to early adopters at $10,000 per month, with full technical support.
+Funding will be used to continue to develop our technology, support our early adopters and strengthen our IP protection.
 ==Team==
-Jaime Quintero (CEO) Has started an Industrial Engineering degree from the University of Seville. He specialises in the product & manages the technical aspects of the company.
+'''Kourosh Atefipour, Co-founder & CEO'''
+Kourosh has years of experience as a designer & engineer. With an MA/MSc in Innovation Design Engineering from Imperial College of London and Royal College of Art, Kourosh has experience of working for Nokia and as Lead Industrial Designer at Xylem.
+'''Dr. Ivan Isakov, Co-founder & CTO'''
+Ivan has years of research experience in silicon electronics, nanotechnology, microfabrication, and flexible electronics. PhD in Electronic and Electrical Engineering from University College London.
+'''Raj Sharma, Observer'''
+With core expertise in the fashion, textiles and garment industries, Raj brings an excellent set of skills to bring Valkyrie’s wearable technology to life.
+=== Advisors ===
+'''Bay McLaughlin'''
+With his experience as a Business Partner at Apple, Bay helps the team as an advisor in investment, fundraising and pitch coaching.
+'''Les Gill'''
-Enrique Ruiz (CFO) Management and Administration from the University of Seville. He leads the legal team, HR and fundraising. He has raised €2M so far, including both, debt and equity..
+With years of experience in the engineering and manufacturing sectors, Les brings contracts and potential partnership interest to Valkyrie.
-Javier Ruiz (Sales Director)Has started an Industrial Engineering degree from the University of Seville. He is in charge of the sales department. He leads strategic alliances with advertising agencies and he is the best one at Hubspot (our CRM).
+'''Dr Katya Mileva'''
-Francisco José Martínez (Growth Director) Finance and Accounting at the University of Seville. He leads the content and uploader department. He is responsible for growth and has managed to bring 4M+ files to the platform.
+A Professor and the Director of Sport and Exercise Science Research Centre, London South Bank University.
-Andreas Mihalovits (Advisor) is a German serial entrepreneur and angel investor who has invested in 100+ international startups. He founded Marbella Tech Angels and co-founded the Global Super Angels Club.
+'''Dr Ali Asadipour'''
-Rafael Pérez Olivares (Advisor) was part of the team at TopRural when it was sold to HomeAway for €14M. He has worked in successful startups such as El Reclamador and has helped Wuolah a lot in operations, where he also invests.
+Ali is the Academic Lead in Computer Science at the Royal College of Art. His innovative training interface was shortlisted by Innovate UK as one of the top three choices for enhanced medical training and care challenge.
-[[Category:Thesis]]
-[[Category:Equities]]