Case: Fascia Clothing

fascia-clothing-logo-18.4.2016Muscular balance is an important factor effecting the health. Imbalance can cause numerous problems, including joint injuries, back pain etc. Imbalance can be caused by numerous factors and it’s not just a problem of people who train too little. For instance, professional athletes frequently suffer this problem due to too little training of supportive muscles. Fascia Clothing’s patent pending garments prevent this problem. In effect they’re compression clothing for musculoskeltal system. The body balance is achieved by stimulating the body’s fascia-line network, i.e. utilizing the bio-tensegrity phenomena. It increases the effectiveness of any physical exercise and makes sure that it becomes balanced. In other words, also other than target muscles, including the deep inner muscles, which are maintaining the posture of the joints and the spine, will get the effect. It improves body awareness, control and coordination. Fascia Clothing is the next generation of billion-dollar compression clothing industry.

Prior to Butterfly’s investment Fascia Clothing had produced the first prototypes, secured an industrial partner and filed their first patent application.

“Our garments are suitable for all. While improving physical performance they help also to prevent injuries and for example back problems. Therefore, the market potential is not limited only to athletes. We’ve been discussing with Butterfly well before we were founded. They’re curious, very open for new ideas and their input has been instrumental while taking us where we are. Without Butterfly’s involvement we simply would not exist.” (Marika Heiskanen, Founder of Fascia Clothing)

Butterfly invested into Fascia Clothing because they have a unique elegant approach to making training safer and more effective. Their value proposition is much stronger compared to traditional compression clothing, which is already billion-dollar industry. Furthermore, their team has a great mix of deep physiological expertise combined with top-notch management and marketing talent. Butterfly’s investment will be used to manufacture the first product versions, secure further IP, validate the business model and securing the first few paying reference customers.

Case: Asmo Charger

ASMO Chrome Ring 2There are hundreds of millions of mobile phone and tablet chargers sold each year. At the moment the idle chargers that are left plugged-in use several nuclear plants worth of energy even when there’s now device connected. Furthermore they present fire hazard, there are numerous fires started by faulty idle chargers each year. Patented Asmo Charger solves these problems. It’s a charger that consumes zero energy when there’s no device connected. Yet at the same time it offers the same convenience than traditional chargers, by turning itself on automatically whenever a device is connected to it.

Asmo Charger comes in a stylish package, consumes zero energy when idle and prevents the fire hazard related faulty idle chargers.

Asmo Charger comes in a stylish package, consumes zero energy when idle and prevents the fire hazard related faulty idle chargers.

Prior to Butterfly’s investment Asmo had completed the fully functional prototype of the charger as well as filed in several patent application related to IP around the technology and confirmed the end user traction. Furthermore they had successfully attracted interest of several device vendors.

“There is over 7 Billion mobile phones with charger which consumes power all the time when plugged to wall. Those chargers consume ridiculous amount of electricity for nothing. We’re going to change that, our charger do not consume any stand-by power and is being used exactly like the old chargers. We have discussed with Butterfly from very beginning. We needed expertise especially on IP and licensing issues, where Butterfly is particularly strong. I also appreciate the fact that they’re good guys, open and helpful. They feel almost like an extension of the original founder team.” (Asmo Saloranta, CEO of Asmo Charger)

Butterfly invested into Asmo Charger because of their simple, well protected, solution to a very well defined problem that has a global scale. Butterfly’s investment will be used for manufacturing the first few patches of chargers, further protecting the IP as well as sales and marketing of the charger and negotiating the licensing deals with major device vendors.

Case: Augumenta

augumenta-logo-27.10.2014Augmented reality (AR) might sound like a science fiction, yet there are many industrial applications where AR is being deployed already today, for instance in warehousing and service operations. Typically AR brings in loads of information in meaningful way to the task at hand that speeds up the work and reduces the number of errors. However AR hasn’t been very interactive, thus limiting the power and uses of it. AR represents paradigm shift in device user interaction and requires reliable advanced means of interaction such as hand gestures. Augumenta is forerunner here, delivering fast, reliable and energy efficient gesture detection and virtual inputs for AR interaction as an easy to integrate SDK for application and device vendors.

There are wide variety of industrial applications where AR becomes handy, like identifying the right pipe and operating field automation on the spot.

There are wide variety of industrial applications where AR becomes handy, like identifying the right pipe and operating field automation on the spot.

Prior to Butterfly’s investment Augumenta had finished the minimum viable product and secured two industrial system integrators, who are now evaluating the package. Furthermore they have one granted patent and two more filed, securing the related IP.

“Augumenta was founded with a clear mission: to make wearable devices convenient and easy to use. Smartglass is a powerful tool for enterprises, and when equipped with our interaction solutions, they enhance productivity at workplace, resulting in significant cost savings. We focus on bringing our technology to different industry verticals, while expanding our product offering and patent portfolio. Wearable devices are a dynamic, fast-developing market with some unique challenges. We are delighted to have Butterfly as our investor; their vast experience in business strategies and IPR management is a great asset for taking Augumenta to the next level.” (Tero Aaltonen, CEO of Augumenta)

Butterfly invested into Augumenta because of their innovative market approach that allows them to jump ahead before the consumer mass adoption of AR. Their product offers easy path of AR integration, way smoother gesture detection and AR interaction as well as substantially longer battery life than competing products. Another key driver for the investment was the highly professional PhD level founder team with years of relevant industry experience. Butterfly’s investment will be used for confirming the product market fit and securing the first few major customers.