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Bren

Self-powered smart sensor technology integrated AI platform

Turkey
Market: Mechanical engineering, Petroleum refining, Food industry, Paper, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 12.09.2021
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Idea

Bren enables to monitor critical equipment for facility to provides energy, maintenance, and time savings up to 15% by using batteryless sensor technology and machine learning algorithm.

Current Status

For 9 months, we have sold our products on different markets having 22 industrial customers.

Market

Industries benefit from steam technology for various goals energy,plants, Textile, Automotive,Chemistry, Paper, Packaging, Pharmaceutical Industry, Oil & Gas, Food & Beverage. The number of steam traps is changing in these sectors depending on natural gas/coal consumption monthly. Industrial IoT market over 100 billion USD (TAM) market and CAGR of 30 %.

Problem or Opportunity

Industries are using steam technology for heating,generating power, chemical process, sterilization.They have many critical types of equipment to control it. One of this critical quipment is Steam Trap, they need to make regular maintenance on time converting back of steam energy. Steam leakage, failure occurs when steam passes through the pipeline inside of the steam trap. Industries having among hundreds/thousands of steam traps, could not be found failures and steam leakage on time. These steam traps could be monitored autonomously sensors, but it means battery problem.

Solution (product or service)

Bren has self-powered batteryless sensor technology, no battery replacement, and costs to monitor steam traps. We are installing these sensors in less than 10 min. and enabling to monitor always actively from cloud-based AI platforms from everywhere. Failures, blocked, and steam leakage are given by the BRENCLOUD platform. We are using high efficient design and applicable energy harvesting module only converting surface temperature to electrical to charge the sensor. Gathering temperature and vibration data at every one minute from steam traps are transferred into cloud-based platform.

Competitors

Bren :Turkey, Europe, England, USA,UK
Everactive: USA
Pulse : Canada
DCO Systems: UK
Emerson

Advantages or differentiators

Hybrid energy harvesting module
Useful in High-temperature areas
Price Advantages
High Accuracy Machine Learning Algorithms
Temperature and vibration confirmation


Finance

Monthly revenue increase 7X in 9 months.
(490 EUR/ sensor + 2000 EUR/ year
MRR is 50K EUR.

(490 EUR/ sensor + 2000 EUR/ year
Hardware Rent + SaaS (200 EUR/ sensor )

Revenue in 5 years: 41M USD
35K items in five years

Business model

Hardware Sale Model + SaaS

Hardware (Subscription Model) + SaaS

We are giving price offers depending on customer needs.
Distributors, energy consultancy companies are leading to customers for our products.

Money will be spent on

74 % Sale and operation
15 % Production
11% R&D

Offer for investor

10% Equity, 750K USD

We have a commitment 100K USD

Team or Management

Risks

Competitors have only focused USA market. That is why we need to give a good price in USA.

Incubation/Acceleration programs accomplishment

İTU Cekirdek 2018- Turkey
Brinc Poland Prize Scaleup 2019 - 65K USD Grant

Won the competition and other awards

TIM 2018 - Smart Energy
Mercedes - Benz Startup 2019
Brinc Poland Prize
Takeoff 2019
Techxtile Startup Challenge 2020
Brisa Bridgestone Sabancı- 2021

Invention/Patent

PCT/TR2019 - 050596
TR 2020/06248

Photos

Photo 1 - Self-powered smart sensor technology integrated AI platform

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation