Post on 11-Oct-2018
THE CTO DRIVES THE ACTIONSuccessful robotic start ups – The Odense Model
• 120 companies• 46% established
after 2010
• Collaborativerobots
• Logistics• Food automation
LEADING THE NEXT INDUSTRIAL REVOLUTION
The Odense Model – Successful robotic start ups
Innovation solving a real problem Strong product/market fit – Minimum Viable Product in 18-24 months Scalable product and business model Strong CTO and team with robotic capabilities Substantial owner-share to founders Access to funding and soft money
- Pre prototype- Market Launch- Scale Up
Commercially-oriented CEO at market launch Based in a supportive ecosystem
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ODENSE ROBOTICS STARTUP HUBFacts – early 2018The model
20182015 - 2016 2017
Companies in the Hub
• 5 slots in incubator• Total Funding 5,5m EUR
• Soft Money 1,5m EUR• Direct Investment 4m EUR
• 36 Jobs• 6 Alumne Start Ups – 4 with Commercial success• 40+ Start ups Screened• Partnership: DTI Robotcenter, Invest in Odense &
Odense Robotics
Next: TBA