Closed



PiQuant Co., Ltd |

PiQuant is the developer of a spectroscopy-based IoT healthcare device that can detect/measure/analyze molecular level particles.

  • Business
  • South Korea
  • Founded 2015

Raising $ 10,000,000

Investment



Closed

         

The Goal

PiQuant Co. wants to make an IoT Liquid Scanner that detects melamine content in dairy products.
PiQuant is the developer of a spectroscopy-based IoT healthcare device that can detect/measure/analyze molecular level particles.



Background

• Selected 'Most Innovative Company' by Seedstars, won 1st Prize at TNW Europe and made Top 10 at Tencent's Global Startup Competition

• Receiving proposals from several large hospitals in Korea seeking technology transfer/partnership

Pre-money Valuation

15% Equity

Pitch Deck

Current View

Company Description

Core Technology
• Spectroscopy based patented technology enabling targeting of multiple industries including individual households.

Competitive Advantage
• Ability to drastically reduce the size and cost of existing spectrometer technology to make it viable for continual use for not just industries, but for individual households.

Product:
• First product (Pi Scanner – Melamine Detector) scheduled for commercial sales in China in Q2 2018
• 2 Additional product in R&D Stage schedule for release in Q3 2018
• Prioritizing additional products for development by potential revenues

Awards:
• Selected 'Most Innovative Company' by Seedstars, won 1st Prize at TNW Europe and
• Top 10 at Tencent's Global Startup Competition

Partnerships:
• Receiving proposals from several large hospitals in Korea seeking technology transfer/partnership
• Receiving proposals food manufacturing companies to implement sensors to check for food contamination during manufacturing process

Patents:
• One PCT Patent awarded
• Multiple additional patents registered



Featured Team

Name Bio Contact
Gin Hyeon Contributor

Message


Funding

| Total Funding Amount: $1.1 million

$ 1.0 million ($ 1.0 million) | November 2016 | Series A

Investor Name Description Country
As An Angel


KRW 50.0 million ($ 44,366) | December 2015 | Seed

Investor Name Description Country
As An Angel


KRW 25.0 million ($ 22,183) | September 2015 | Seed

Investor Name Description Country
SparkLabs Asia's Leading Accelerator. Bringing Korea's startups to the world and the rest to Asia. South Korea



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