Photo - Synaptic Delver
60192

Synaptic Delver

Singapore
Market: Biotech
Stage of the project: Prototype or product is ready

Date of last change: 10.05.2023
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Idea

A transdisciplinary deep-tech venture in the rare, emerging, and impactful field of neurotechnology, developing a synergistic and advanced neurotechnological product in the mental state monitoring.

Current Status

Some of the key milestones which we crossed recently:
1. Defined our belief and problem statement.
2. Defined our hypothesis and explored the problem statement with customers and experts.
3. Validated problem statement across various sub-categories of customers.
4. Designed and validated preliminary conceptual design.
5. Designed, developed and validated the technological sub-systems on neuromonitoring and neurostimulations, using highly advanced neuroimaging devices such as Magnetoencephalography and Electroencephalography.
6. Collaborated with global experts and NTU Singapore

Problem or Opportunity

Challenging lifestyle is affecting every aspect and holistic wellness demands mental wellness. Billions are suffering in silence and mental wellness is a perpetual and global need to address. An urgent and effective intervention is needed in this technologically untapped market.

Solution (product or service)

Challenging lifestyle is affecting every aspect and holistic wellness demands mental wellness. Billions are suffering in silence and mental wellness is a perpetual and global need to address. An urgent and effective intervention is needed in this technologically untapped market.

Business model

In Phase 1, the revenue streams will consist of:
a. Transactional revenue - direct sales of the kiosk to various sub-categories
b. Freemium revenue - approach organizations for free installation of prototype, getting revenue and feedback for a number of uses.
This will act as our B2B revenue model.
In Phase 2, in addition to B2B streams, the revenue streams will consist of:
a. Subscription revenue - Installation of the kiosk in public places, getting revenue based on various subscription models.
b. Usage revenue - Installation of the kiosk at public places
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Idea
Current Status
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Finance
Invested in previous rounds, $
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