Four innovative ‘People’s Pitch’ winners set to pitch for funding from xénos investors

 

An innovative idea for a new wind turbine and a device to avoid friendly fire in battle were amongst the 9 business ideas pitched to a panel of xénos investors in the People’s Pitch event at Venturefest Wales.

 

The experienced panel whittled down the 9 finalists in the hotly contested ‘People’s Pitch’ to 4 winners.

 

Uzimatech and Veritii won £1,000 support package from xénos

David Taylor of Uzimatech, developers of wearable safety technology and Richard Williams of Veritii, a 3D home interiors planning app for home won the top prize, worth in excess of £1,000 to each company.

 

Both now qualify for a package of support from xénos, the Wales Business Angel Network that includes a year’s membership, mentoring and the opportunity to pitch for funding at one of xénos’ investment forums.

 

Eye check and Radsense won £500 mentoring package from xénos

Eye Check, an automated vision checker for third-world countries, conceived by Rumina Awal and an energy-saving curtain hanging system, Radsense invented by Edward Reed and presented by Michael Sosner won mentoring packages from xénos.

 

Mark Hindmarsh, panel member and director of early stage mentoring and investment company, Smart Anchor Ventures said:  “At Smart Anchor Ventures we’re building a portfolio of exciting, leading-edge early stage companies with high growth potential.  The People’s Pitch panel was an excellent showcase and an excellent opportunity to see first-hand some of the great business proposals currently emerging from Wales.   I congratulate the 4 winners and look forward to seeing them turn their ideas into commercial success.”

 

xénos, the Wales Business Angel Network brokers deals between business angels (high net-worth private individuals) and businesses seeking investment, facilitating over £2.3 million private investments in the last financial year.

 

Uzimatech

Uzimatech is the first wearable technology start-up in Wales, developing wearable safety technology products with a humanitarian focus and a global reach and the potential to save lives and make a positive impact on health and lifestyle.

 

Veritii

Veritii is an iterative 3D property sales tool. The application allows house builders to sell their development off-plan more effectively by allowing prospective homebuyers to decorate and furnish their home before they move in.

 

Eye Check

EyeCheck aims to help the 700 million people worldwide who lack access to quality eye care by providing low-cost eye care technology which can be used help prevent the onset of blindness.

 

Radsense

Radsense is a unique, patented, low-cost building fitment which saves energy and improves comfort by a simple innovation that increases the efficiency of central heating systems.

029 2033 8144 | info@xenos.co.uk | www.xenos.co.uk