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Founder CEO
Dr Christopher Wilson
PhD Uk – University of Hull
Research Associate University of Pennsylvania
Smith and Nephew Wound Management Global Operations
Shareholder of NovioTech BV
Founder of NovioSense BV
Expertise
Soft Polymer Materials and Coatings
Advanced Wound Management
Continuous Glucose Measurement
Highlights
Founded and closed Pre-seed and seed investment of NovioSense BV
Team leader of 4 medial device product developments
Led multicultural and interdisciplinary teams spanning EU, US, Canada and China
Co-Inventor of Dendrimersomes, Heli[x] and NovioSense
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
Confidential 4
Non-Invasive Glucose
Measurements in Tear Fluid for
Diabetes Type 1
NovioSense
Flexible Ocular Insert for Glucose
Measurement
NovioSense Device
Funding?
“How do I keep this going until we hit
the market?”
Twitch was sold to Amazon for $970 M after eight years – Justin Kan
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
Subsidy and Equity
Confidential 14
Equity Partners
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
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
1
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
TIme
Equity
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
Horizon 2020 BioGel
Horizon 2020 BioGel
Biointegrative coatings for advanced sensor technology
Horizon 2020 BioGel
Biointegrative coatings for advanced sensor technology
20150226 novio sense

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20150226 novio sense

  • 1.
  • 2. Founder CEO Dr Christopher Wilson PhD Uk – University of Hull Research Associate University of Pennsylvania Smith and Nephew Wound Management Global Operations Shareholder of NovioTech BV Founder of NovioSense BV Expertise Soft Polymer Materials and Coatings Advanced Wound Management Continuous Glucose Measurement Highlights Founded and closed Pre-seed and seed investment of NovioSense BV Team leader of 4 medial device product developments Led multicultural and interdisciplinary teams spanning EU, US, Canada and China Co-Inventor of Dendrimersomes, Heli[x] and NovioSense
  • 3. 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
  • 5. Non-Invasive Glucose Measurements in Tear Fluid for Diabetes Type 1
  • 7. Flexible Ocular Insert for Glucose Measurement
  • 9. Funding? “How do I keep this going until we hit the market?”
  • 10. Twitch was sold to Amazon for $970 M after eight years – Justin Kan
  • 11. 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
  • 12.
  • 15. 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
  • 16. 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 1 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 TIme Equity
  • 17. 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
  • 18.
  • 20. Horizon 2020 BioGel Biointegrative coatings for advanced sensor technology
  • 21. Horizon 2020 BioGel Biointegrative coatings for advanced sensor technology