BEGINNING
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
|
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.
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
• Receiving proposals from several large hospitals in Korea seeking technology transfer/partnership
Pre-money Valuation
15% EquityPitch Deck
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
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 25.0 million ($ 23,105) | 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 |