Latest Deck: https://dvnt.ro/deck
Business Angel Persona
For our pre-seed round, we would ideally like to find 5-15 angel investors to put in 100k – 750k€ tickets (we could accept a few 50k€ tickets if the individual brings exceptional value).
Critical properties in investors include:
- Expected to be patient and to value impact as well as profit
- Interest in: Hardware, Robotics, DeepTech, AgeTech, MedTech, Healthcare, Physical Consumer Goods
- Willingness to actively support us with e.g. access to personal networks, evangelizing about us, and to advice us in regular and/or ad hoc calls
- Likely reside in DACH, EU, or US
Desirable properties in addition to the above:
- Previous investment experience in Care, Healthtech, VR, AR, Robotics, 5G, Hardware
- Relevant experiences around building and scaling start-ups and scale-ups; e.g. built company 0 – 100+ pax, built and scaled a hardware or healthcare product, or Raised 100m+€ (for more parameters, see table below)
- A personal interest in Care, SciFi, Tech, Longevity, AgeTech
- Ability to follow on in the next round, e.g. 2x initial ticket
| Category | Value |
|---|---|
| Business Experience | Relevant experience useful to us: Built company 0 – 100+ pax Scaled company 100 – 1000 Led more than 1000 people Built & scaled a hardware product Built & scaled a healthcare product Certified & brought to market a physical consumer health product Built a plant for mechatronic products Built a viral product Raised 100m+€ IPO’d a company Direct access to 10+ clients or multipliers Direct access to 3+ strategic partners (payers, politics, manufacturing) Built a complex tech stack Lead B2B2C sales team to >10m€ annual revenue Won a nasty legal war Social Media Reach of 1M+ users |
| Investment Hypothesis | Patient, looks for longterm impact, active – more than just money |
| Investment Search Fields | Hardware, Robotics, DeepTech, AgeTech, MedTech, Healthcare, Physical Consumer Goods |
| Participation | – Access to personal network & experience – Evangelize us in the personal network – Invest on avg. 3 – 5h per month – Pick up the phone when we call |
| Ticket Size | – 1.7M€ split in 100k – 750k€ tickets – 50k€ when adding exceptional other value |
| Geography | D, CH, FR, EU, US, … |
| Private Interests | Care, SciFi, Tech, Longevity, AgeTech |
| Previous Investment Fields | Care, Healthtech, VR, AR, Robotics, 5G, Hardware |
| Follow-On in Future Rounds | 2x initial ticket size would be great |
ROUND AT A GLANCE
| Category | Value |
|---|---|
| Total Round | 1’700’000 € |
| Target # of Investors | 3 – 5 |
| Type of Investment | Convertible Note |
| Discount | 20% |
| Cap | 14’000’000 € |
| Commitment | – 250’000 €, ex. Chairman of BMW, serial angel, excited founder of medical 3D printing company – Lead soft committed, Chairman of German hidden champion |
| Target Investor Structure | Covering crucial aspects of the business, experience in: – Marketing / Brand Building – Scaling hardware company – Care Market – B2B2C Scaling (Infrastructure) – Consumer Hardware Products – Manufacturing Plant Buildup – Politics w. Focus on Care Sector / Innovation |
In Detail
What we look for
We have shown operative excellence and resilience – creating improbable results with extremely limited resources. After de-risking the tech, the business model and user acceptance, we’re now at a pivotal stage to really bring this technology to mass market. For this we need network, experience and a lot of resources to execute on our bold plans. That’s why we’re looking for exceptional business angels / microVC / impact funds who want to scale the robody® technology with us.
The business super angels to grow the largest global robotics company with us, eventually improving the lives of billions, therefore need to:
- Jump fully into this opportunity. This won’t be just a side hustle. We want to occupy their minds – because of the importance and once-in-a-lifetime-opportunity we are convinced this is, we need their focus. (We understand, everyone is busy, we don’t want them to hold our hands, but to be the first thing they think about in the morning, and the last before going to bed – to get those critical ideas and insights.)
- Come with us to the trenches – we’re not interested in textbook advice, we’ve read the books, but situation aware operative knowhow and foresight.
- Think along with us. We plan on doing something hard, we know our limits, so we’re ready to listen to and learn from those who’ve accomplished exceptional things before.
- Bring along their network. We need all those exceptional talents they’ve met during the last decades.
- Subscribe to our vision and become a beacon for our technology in their circles, pulling in everyone they talk to about it.
- Be hungry and ambitious – seeing the freedom previous successes created as a necessary stepping stone to invest in us.
- Have skin in the game – and invest a non-trivial amount.
What they’ll get out of this
- Global impact beyond just financial gains
- Been part of a business that changes lives for the better
- Been part of a revolution before everyone knew it would be one
- Co-formed a brand that will be known for centuries to come
- A defendable, scalable investment based on clear customer needs and excellent ROI
What we’ll do together
- Build and scale teleoperated robotic bodies to be used in home care contexts as a 24/7h available help, bringing peace of mind to relatives that their loved ones are in good hands, connecting the elderlies to the (digital) world, reducing their isolation, making their lives simpler and more active – allowing them to age at home longer and preventing them from having to go to a care home.
COMPANY Brief
- field: deep tech robotics x care Munich based
- technology: robodies platform – remote robotic bodies – like Zoom but tangible and a software platform to easily connect from anywhere
- prior: 8 years of research, successfully sold robots to labs & paid pilots with corporates (>600k€ revenue to date, >800k€ in grants)
- now: commercialising at scale with entry through premium elderly care
- status: bootstrapped PoC working, several pilots completed and in the pipeline, preparing for a longer pilot with Charité Berlin & Diakoniezentrum Pirmasens
- roadmap: 5 pilots by 2024, 100 active customers by 2026, care insurance coverage by 2028
- looking to complete our team & board with business angels that fit the criteria in the table below.
- aspiration: make robody® a common name, like post-it, zoom or jeep.
- execution: we have a plan, excellent unit economics and a robust, resilient path to fast (for a hardware company) returns, growth and scalability.
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