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Location: 276 Fifth Avenue Suite 704, New York City, New York, United States United States
Founded in: 2017
Stage: Revenue generating
Number of employees: 6-15
Funding history:
- Date: 03/2017, Accelerator/Incubator: $270 k
Investment Firms: Quake VC, Pan Fund, Kathryn Stewart
Short URL: vator.co/emoshape-inc
Awards and mentions
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Mar 2006 honor issuer European Council of Applied Sciences honor descriptionWinner for the European IST Prize by the European Council of Applied Sciences, Technologies and Engineering.) Euro-CASE's European IST Prize nominees were evaluated by independent experts from 16 European countries and backed by the European Commission. Emoshape technology (3D Solar display) was ranked ahead of 210 other innovative proposals and competitive solutions from 29 European countries. The European IST Prize is organised by the European Council of Applied Sciences, Technologies and Engineering (Euro-CASE), it's the most distinguished award for innovative products that represent the best of European innovation in information and communication technologies. The European IST Prize Awards Ceremony took place on 22 March 2006 at the Hofburg in Vienna. The Grand Prize Winners was awarded by Dr Heinz Fischer, Federal President of the Republic of Austria, Mrs Viviane Reding, Member of the European Commission and Mr Hubert Gorbach, Vice Chancellor of the Republic of Austria.
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In March 2012, the first ever TEDx Imperial College event showcased South Kensington's role as London's cultural heartland. World-class universities sit alongside some of the nation’s finest museums as a lasting legacy to the collaborative spirit of the Great Exhibition of 1851. A century and a half later, that spirit went back on display. Two years later, we are pleased to announce the return of TEDxImperialCollege. This year we aim instead to look ahead and bring to everyone ideas that shape our future and innovations that define what tomorrow will be. Our theme this year: One Step Ahead.
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Emoshape rewarded by ABB Robotics’ MD yesterday in London
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Emoshape INC

First Emotion Chip for AI and Robots - Emotion Synthesis
Startup/business
New York City, New York, United States United States
http://www.emoshape.com
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Company description

COMPANY OVERVIEW

Emoshape Inc. is developing technologies and systems that allow intelligent objects to interactwith humans in a more positive, natural way through emotion synthesis. The company’sflagship product is an Emotion Processing Unit (the “EPU II”), which represents a massiveleap forward for Artificial Intelligence, particularly as it pertains to industrial robotics, personalrobotics, self-driving vehicles, intelligent personal assistants, virtual reality, interactive toys,and other major consumer electronic devices.

CUSTOMER PROBLEM

Product developers for Artificial Intelligence applications are increasingly realizing that thecapacity of intelligent machines to experience emotion and convey an authentic emotionalresponse to end users is a critical factor to hasten product adoption, unlock previouslyunanticipated product features and value, increase product satisfaction, and drive userretention.A recent study by Forrester Research found that emotion has a bigger influence on brandloyalty than any other factor.

A PROPRIETARY SOLUTION

Emoshape’s EPU II enables a unique, real-time emotional response in intelligent machines,helping to create stronger relationships between user and product and accomplishing the superior experience that drives brand loyalty than any other factor.

A PROPRIETARY SOLUTION

Emoshape’s EPU II enables a unique, real-time emotional response in intelligent machines,helping to create stronger relationships between user and product and accomplishing thesuperior experience that drives brand loyalty.



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Team
Business model

Business Model

We sell the EPU (Emotion processing Unit) or the plug and play USB dongle to manufactures. Emoshape also generate recurring revenues with cloud services i.e. cloud virtual EPG.

Phase 1: EPU II Evaluation Board with SDK

$7,500 USD + 1 Year Support  $2,500 includes EmoShape Cloud with emotional machine learning algorithms for application development.

Phase 2: OEM deals for EPU microchip

$150 USD per EPU or USB Dongle (discount on volume)

expect initial deals starting Q1 2018

Very High margin business.

 

Competitive advantage

Competitive Advantage

We have the most advanced technology by far, we have pioneer the Emotion chip since 2013.

  • Providing true differentiation for a brand.

Emoshape gives you the ideal solution for helping shape the future of AI and Robot’s emotional awareness. The EPU II helps to create fast and self-sustaining reacting robots in complex decision problems.

 

Investors
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Quake VC - Unconfirmed
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Pan Fund - Unconfirmed
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Kathryn Stewart - Unconfirmed
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