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SPRINGBOARD® Online: Early-stage ConTech start-up developing collaborative construction painting solution. Sparring on introducing hardware into the construction industry

  • 30 Mar 2023
  • 14:00 - 16:00
  • We Build Denmark, kl 14:00 til 16:00 pa Online, Mødeplatform
  • 17

Registration

  • Signup deadline: 28. marts 2023
  • Signup deadline: 28. marts 2023

Registration is closed


Introduction to SPRINGBOARD®

The company works on a semi-autonomous indoor painting solution focusing on large-scale construction projects. It paints walls and ceilings alongside construction painters increasing productivity, reducing costs, and decreases physically straining labour.


Questions for sparring

For this SPRINGBOARD®, panelists are sought who can provide sparring in the following areas:

      1. 1. Understanding painters from a construction value chain perspective – How are they perceived? Strengths? Weaknesses? Challenges? Opportunities?
      2. 2. Developing the team – What team skills and knowledge considerations do we need to make?
      3. 3. Finding the margins – Identifying the potential and best use cases to ensure sustainable financial growth?


            Industry: Automation, Robot-technology, Drones

            Development stage: Proof of Concept

            Region: Capitol

            Competencies required:

            • Business Development
            • Organisational Development
            • Sales
            • B2B
            • Innovation (business, market, product, process)
            • Market knowledge Scandinavia



            This SPRINGBOARD® will be held in English

            Idea and USP

            Empowers painters through collaborative painting. Solution takes large, repetitive surfaces (walls and ceilings). Detailed work left for painters


            Problems Addressed

            Labour shortage (86% in EU, 33% painters retired withing decade), physical strain from painting above shoulder height, lacking productivity


            Our Solution

            A collaborative painting robot comprised of a mobile base and an extendable pillar equipped with a spray mechanism. It automatically moves along walls, avoids objects, and spray-paint walls and ceilings up to 3.5m high. It is a low-cost plug-and-play solution focused on simplicity using off-the-shelf parts using our state-of-the art proprietary algorithm and user-friendly software.


            Business model

            Sales through distributors specialized in paint(ing tools). Annual service fee for support, maintenance, and updates


            Target customers

            Construction painters, building maintenance organizations


            Competitors (Direct)

            Okibo, Les Companions, Transforma, Pace Robotics, and Canvas


            Competitors (Indirect)

            Traditional painting tools (rollers, brushes) and spray painting machines (e.g. Wagner, Graco)


            Team:

            • A – CPO - MEng. in Electrical and Computer Engineering & MSc. in Robot Systems Engineering - (20h p/w)
            • B – CTO - MSc. In Robot Systems Engineering & BSc. in Robotics and Mechatronics - part-time full time
            • C – CEO – MA in Business, Language and Culture & BBA. in International Business and Management – full-time


            Growth Opportunity and Market

            Current SAM estimated at 35.3 million EUR in the Nordic countries. CAGR EU average 2.42% and US 3.1%. McKinsey projects 30% automated by 2030 growing Nordic SAM to ~534.8 million EUR.

            • Nordic – Current SOM 7.1 million EUR
            • EU – Current SOM 47.7 million EUR
            • USA - Current SOM 30.6 million EUR


            Funding

            760,000 DKK (Innofounder, til Sep ’23), 25,000 (Mikrolegat), 40,000 (Equity)


            Current status
            • Developing and testing 2nd prototype
            • On-site testing ongoing with Odense Kommune and We Build Denmark
            • Collaborating with PP Professional Paint
            • Designing MVP


            Goal

            Sustainable growth focused on the Nordics (Denmark, Sweden, Finland, and Norway)


            CONNECT Denmark — Bryghuspladsen 8, 3. sal, 1473 København K — Telefon: +45 27 28 17 86 — E-mail: connect@connectdenmark.com — Sociale platforme:
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