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20150226 novio sense

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Page 1: 20150226 novio sense
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Founder CEO

Dr Christopher WilsonPhD Uk – University of Hull Research Associate University of Pennsylvania Smith and Nephew Wound Management Global OperationsShareholder of NovioTech BVFounder of NovioSense BV

ExpertiseSoft Polymer Materials and CoatingsAdvanced Wound ManagementContinuous Glucose Measurement

HighlightsFounded and closed Pre-seed and seed investment of NovioSense BVTeam leader of 4 medial device product developmentsLed multicultural and interdisciplinary teams spanning EU, US, Canada and ChinaCo-Inventor of Dendrimersomes, Heli[x] and NovioSense

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NovioSense

• NovioSense BV – Venture Backed Medical Device Company Lead Partner of NovioSense Project

• NovioSense Project – European Horizon 2020 and EFRO funded project 16 partners €3M

• NovioSense – Wireless Powered Sensor Device

Confidential 3

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Confidential 4

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Non-Invasive Glucose Measurements in Tear Fluid for

Diabetes Type 1

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NovioSense

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Flexible Ocular Insert for Glucose Measurement

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NovioSense Device

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Funding?

“How do I keep this going until we hit the market?”

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Twitch was sold to Amazon for $970 M after eight years – Justin Kan

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Resilience Leads to Success

8 out of 10 start-ups fail

The statistics do not tell the truth

Success comes from having the resilience to keep going after 80% have quit and gone home

“if you have smart people working on trying to make something people want and they don’t give up, they will eventually be successful.” –

Justin Kan

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Subsidy and Equity

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Confidential 14

Equity Partners

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Confidential 15

The European Union set up INTERREG in the 1990s under the structural funds in order to promote cross-border cooperation.

Subsidy for Rein-Waal region

60% Subsidy

40% Equity

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Equity and Subsidy Working In Perfect Harmony

360 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34

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The good and the bad

Subsidy allows us to carry out high risk high gain developments

Subsidy can bring partners together to carry out applied research

Cash flow is a killer

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Horizon 2020 BioGel

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Horizon 2020 BioGel

Biointegrative coatings for advanced sensor technology

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Horizon 2020 BioGel

Biointegrative coatings for advanced sensor technology

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