Who are the investors in Lot18

Internet of Things (IoT)

Companies are expected to generate around 309 billion euros with the Internet of Things in 2020 - according to a study by market researchers at Gartner. The greatest income should come from the service business. Gartner also estimates that by 2020 at the latest, around 26 billion devices will be networked with one another and communicate with one another - even more than people do today.

This development results in numerous new business models for companies. We present ten of the currently most interesting startups on the subject of the Internet of Things, which we have sorted alphabetically below - without rating. First there is an overview in the series of pictures, followed by further detailed explanations ...

  1. AdhereTech
    The intelligent tablet container ensures that patients take their medication.
  2. Chui
    Face recognition with advanced computer technology helps to assign a universal key to faces. Chui describes this solution as the 'world's smartest doorbell'.
  3. Enlighted
    Enlighted developed a clever sensor that uses real-time data from the environment within the building. Here the system uses a different approach than its competitors: The "Enlighted Sensor" is attached to new or existing LED, CFL or HID lamps and attachments and does not only control the light output, but controls the light intensity, temperature and light the power consumption.
  4. Heapsylon
    The intelligent socks are pervaded by textile pressure sensors with associated electronics. The sensors not only track steps, speed, calories, altitude, ambient temperature and distance, but also the step rhythm, the rolling movement of the foot, the center of balance and the weight distribution of the foot during running and racing.
  5. Humavox
    Humavox wants to offer a common platform that eliminates the need for cables and can charge batteries with the transmission strength of a USB cable. The clever charging mechanism initiates the charging process with the help of radio waves with a so-called "handshake" as soon as the device is placed in the charging station. The battery status and the charging curve are tracked. Charging stops immediately as soon as the device is fully charged.
  6. Neura
    Neura's platform enables individual devices to communicate with each other and understand the context (where, when, who) as well as the meaning and the associated behavior. By combining the various data streams, devices can carry out predictive activities in order to react individually.

    An example: after a user has spent time in the kitchen and leaves home, Neura will make sure that the stove / oven is switched off. Neura can also request a robot vacuum cleaner after several people have visited the home.
  7. PubNub
    PubNub relies on a global real-time network with 14 data centers. Customers connect their device to PubNub using a single line code and can then send and receive data - with a latency of 0.25 seconds. PubNub also enables real-time updates by constantly updating the device status (online / offline, etc.).
  8. Revolv
    Revolv unifies networked devices through a single, simple app that enables intelligent home products to work together. In addition, with regard to the daily routine of the user, the devices can be automated with the help of time, location and sensors. For example with GeoSense technology: Revolv can automatically activate (or switch off) devices when the user has reached a previously defined radius in or around their own home.
  9. TempoIQ
    TempoIQ relies on a private cloud service that should make it easier for the user to use the analytical sensor technology for their own products or a service. Real-time monitoring of sensor data and analysis devices are provided to ensure performance and security.
  10. Theatro
    Theatro has developed a portable WLAN-based system that is used for internal communication between employees and at the same time enables access to company information. Employees gain access to the system through a multitude of simple voice commands, which enable them to have their hands free even during communication - for example when serving customers. For example: while a seller is checking the inventory of a product, he says "check inventory SKU23567" and the Theatro system connects him directly to the inventory system to give him an overview of the product status.
  11. AdhereTech
    The intelligent tablet container ensures that patients take their medication.
  12. Chui
    Face recognition with advanced computer technology helps to assign a universal key to faces. Chui describes this solution as the 'world's smartest doorbell'.
  13. Enlighted
    Enlighted developed a clever sensor that uses real-time data from the environment within the building. Here, the system uses a different approach than its competitors: The "Enlighted Sensor" is attached to new or existing LED, CFL or HID lamps and attachments and does not just control the light output, but controls the light intensity, temperature and light the power consumption.
  14. Heapsylon
    The intelligent socks are pervaded by textile pressure sensors with associated electronics. The sensors not only track steps, speed, calories, altitude, ambient temperature and distance, but also the step rhythm, the rolling movement of the foot, the center of balance and the weight distribution of the foot during running and racing.
  15. Humavox
    Humavox wants to offer a common platform that eliminates the need for cables and can charge batteries with the transmission strength of a USB cable. The clever charging mechanism initiates the charging process with the help of radio waves with a so-called "handshake" as soon as the device is placed in the charging station. The battery status and the charging curve are tracked. Charging stops immediately as soon as the device is fully charged.
  16. Neura
    Neura's platform enables individual devices to communicate with each other and understand the context (where, when, who) as well as the meaning and the associated behavior. By combining the various data streams, devices can carry out predictive activities in order to react individually.

    An example: after a user has spent time in the kitchen and leaves home, Neura will make sure that the stove / oven is switched off. Neura can also request a robot vacuum cleaner after several people have visited the home.
  17. PubNub
    PubNub relies on a global real-time network with 14 data centers. Customers connect their device to PubNub using a single line code and can then send and receive data - with a latency of 0.25 seconds. PubNub also enables real-time updates by constantly updating the device status (online / offline, etc.).
  18. Revolv
    Revolv unifies networked devices through a single, simple app that enables intelligent home products to work together. In addition, with regard to the daily routine of the user, the devices can be automated with the help of time, location and sensors. For example with GeoSense technology: Revolv can automatically activate (or switch off) devices when the user has reached a previously defined radius in or around their own home.
  19. TempoIQ
    TempoIQ relies on a private cloud service that should make it easier for the user to use the analytical sensor technology for their own products or a service. Real-time monitoring of sensor data and analysis devices are provided to ensure performance and security.
  20. Theatro
    Theatro has developed a portable WLAN-based system that is used for internal communication between employees and at the same time enables access to company information. Employees gain access to the system through a multitude of simple voice commands, which enable them to have their hands free even during communication - for example when serving customers. For example: while a seller is checking the inventory of a product, he says "check inventory SKU23567" and the Theatro system connects him directly to the inventory system to give him an overview of the product status.

AdhereTech - the intelligent pill box

Service:Adhere Tech presents a smart tablet container. It ensures that patients are taking their medication.

Headquarters: New York, New York, USA

CEO: Josh Stein, MBA, previously worked in a number of successful startups in New York City (Lot18, PlaceVine or FreshDirect)

Founding: October 2011

Capital: 2.3 million (investors unknown)

Description: Many companies want to benefit from the Internet of Things in the medical field. AdhereTech focuses on a specific problem and manages to solve it cleverly and easily. Many patients find it difficult to keep thinking about taking important medication on time. With some diseases, only about 40 percent of patients adhere to the exact time taken. The consequences can be health complications or death.

In addition, if the medication is not taken in accordance with the prescription, economic losses arise in the health sector. Especially with chronic diseases such as diabetes, high blood pressure, hyperlipidemia, asthma and depression, the regular and timely intake of the medication is important.

According to AdhereTech, there are around 100 billion dollars in costs in the USA and around 125 deaths annually because drugs are forgotten, delayed or otherwise taken incorrectly. The intelligent pill box from AdhereTech is intended to ensure that the prescribed medication is taken correctly and at the same time to reduce the costs that arise from incorrect dosages. The container uses sensors to recognize whether a tablet or a liquid has been removed. If a patient has not taken their medicine, a service will remind them to take them by phone call or SMS. In addition, the pill container emits light and sound signals. The software automatically asks why the patient has not taken their medication to provide a clearer picture of prescription compliance to pharmaceutical companies and healthcare professionals. The data is transmitted anonymously.

Customers: There are trials with Boehringer Ingelheim, Walter Reed National Military Medical Center, and Weill Cornell Medical College.

Competition: Vitality GlowCap is AdhereTech's biggest competitor. Other players on the market are RXAnte and Proteus Digital Health.