The following five companies are seeking investment
via the Network as a result of the 29 September 2009 OION investment
meeting at The Chemistry Research Laboratory in Oxford. The descriptions
available summarise the investment proposal made by the company. The
information is provided by the company and has not been vetted in
any way by OION.
If you are interested in receiving further information
on any of the companies then please contact
us. |
| Company A: £450k |
Company A designs and manufactures nano-precision
form and defect measuring instruments for R&D and quality control.
They are addressing the 3D form metrology market, which has an annual
size of £470M with initial focus on the £10M orthopaedics niche.
Since founding Company A in 2005, they have developed a 4-axis optical
coordinate measuring machine. This is a breakthrough in the field
of precision form measurement for artificial hip joints, as it saves
an average customer between £75k and £150k per year, while greatly
enhancing their measurement capabilities. The first unit has been
sold to a test customer, where it is used successfully in R&D
and quality control.
The funding is required to take this product to market and for further
technological developments over the next 18 months. These improvements
will allow the measurement of for example artificial knee joints.
Additional markets for the technology are aerospace and automotive.
Exit is expected within 5-6 years through a trade sale.
|
| Company B: £700k |
Company B is exploiting opportunities in the application
of silicon chemistry to new drug discovery.
Silicon-containing analogues of existing drugs are demonstrably patentable,
can have material advantages over the original drug, and can be developed
rapidly at lower cost than the original. Company B have developed
a database of over 80 opportunities for ‘switching’ conventional drugs
to silicon compounds, from Phase II candidates through on-patent blockbusters
to generics. Their proposition is to make, test and then sell these
projects at preclinical stage, generating cash upfront and milestone
payments.
In the past 2 years they have validated our approach by i) with technical
success (including in vivo), ii) successful filing and searching of
patents on a range of compounds (one to PCT), iii) closing one licensing
deal for co-development of one project compound and iv) placing another
two projects for evaluation with future partners under CDA.
Company B was founded in 2006 by an experienced entrepreneurial team.
Their business model is highly scalable, and with an investment of
£700k can produce profitability and revenue returns of 6x investment
in 7 years. High exit valuations in recent months show that a high
multiple exit is practical in 4 - 5 years if further investment is
accepted.
|
| Company C: £250k |
| Since October 2008 Company C, have already begun
to establish itself as the world’s first premiere online publication,
community and resource site, created for and by gamers, musicians,
artists and authors who seek a collective space in which to express
themselves while gaining inspiration from others.
Since its Open Beta Launch in June ’09, Company C's community has
enjoyed explosive growth due to the enthusiasm generated by the membership
itself, coupled with the popularity of products launched. By focusing
exclusively on the needs of the core interests areas, Company C is
fast becoming one of the most powerful online vehicles for targeted
online marketing, web development and social media within a rapidly
growing group of technology, gaming and social interest areas.
• The online publication, community and resource site, providing targeted
niche online advertising, sponsorship, web development and marketing
services to relevant industry specific clientele.
• I-Dream downloads (offering unsigned artists a place to promote
their work). I-Dream, is the world’s first 100% truly royalty free
download application (all proceeds go direct to the artist).
Company C are seeking £250,000 to fund an exciting
second phase marketing campaign at the same time as putting in place
a firm staffing infrastructure to support future growth and financial
management.
|
| Company D: £500k |
| Company D have developed an innovative breath-activated
product designed to replace the full tobacco smoking experience with
a safe, intuitive and easy to use device which delivers nicotine safely
to the lungs without the harmful components of cigarettes. The company
intends to launch the product through the consumer market with a commercial
partner.
The product will be the first of its kind smoking replacement product
providing chronic smokers with a sophisticated alternative which most
closely captures the functionality and physiological smoking sensations
of a tobacco cigarette. The concept has already been embraced by leading
anti-smoking experts and offers attractive financial returns to investors,
producers, distributors and retailers as well as promising enhanced
savings for users as well as the opportunity to save many lives.
Company D have raised over £700,00 to date from its experienced non-executive
directors and investors who include Sir Peter Davis (former CEO of
Sainsbury's Prudential and Reed Elsevier), Martin Beaumont as Chairman
(former CEO of the Co-op), Zoe Morgan (former Marketing director of
Boots and the Co-op), and Grant Berry (former MD at Lloyds Development
Capital).
Company D are looking to raise up £500K to finalise product development.
|
| Company E:£300k |
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