Photo - Performance Industries
62039

Performance Industries

Norway
Market: Electronics, Other
Stage of the project: Prototype or product is ready

Date of last change: 14.05.2024
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Idea

Norwegian Startup with a patented invention (device) solving impotence and creating prolonged and intensified climaxes for the well-functioning man. We seek investment for global launch.

Current Status

Product development is finished. Patents approved. Distribution contract signed for medical product. Tooling process started. first batch planned for from identified world cass supplier.

We will hit pleasure market q1 2025, over the counter medical market in q3 2025 and prescription medical market in 2027.

Problem or Opportunity

Erectile dysfunction through a handheld medical device.
Then we discovered that the product gives great pleasures also for men without any dysfunction.

Solution (product or service)

A groundbreaking and patented invention that activates and stimulates the musculature causing an erection. We bypass all the bodily issues that can cause erctile dysfunction and have made a vacuum technology that transfers forces through penis into the body. With great results for patients and increased pleasures for non-patients.

Business model

From start: B2B2C, through other retailers.
When demand is prooved we will expand from the Nordics to a global market and consider D2C distribution.
Medical distribution through farmacies and from 2027 on prescription.

Incubation/Acceleration programs accomplishment

We are located at Aleap, the leading medical incubator in the Nordics (Oslo).
And, naturally, GSD Venture.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
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Mentors & Advisors
Lead investor
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Incubation/Acceleration programs accomplishment
Won the competition and other awards
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