Photo - Capskin
play_arrow
View
56942

Capskin

Switzerland
Market: Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 14.04.2022
Go to the owner's profile
1
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Our sensor and AI technology enables better fitting products. We target the $400 billion footwear market with a measuring system for shoe developers followed by a shoe fitting solution for retailers.

Current Status

In 2021, we worked with a major pilot customer to develop the Capskin sensor sock, which can measure pressure around the foot. This year, we are building external production capacity and conducting paid projects with several footwear customers participating in our early adopter program. In three iterations, we work with them to develop our first saleable product, which we will launch in 2023.

Problem or Opportunity

Everybody knows the problem of shoes that do not fit well. They cause a lot of pain for the feet. What’s the reason? Every human body is unique, and the footwear industry today cannot sufficiently analyze the foot inside the shoe to find the cause of the pain points.

Solution (product or service)

Capskin developed with novel patented sensor and AI technology a sensor sock that can measure pressure around the foot and foot movement inside the shoe. Lateral forces on the sidewalls, toe box, and heel are very important when designing shoes, but the footwear industry cannot measure them today.

Business model

We generate business value for shoe developers by enabling a more cost-efficient development cycle using data generated by our measurement system for foot analysis in the shoe. We will sell the system on a subscription base for $15000 p.a. to footwear companies for shoe development. The global market size is 200000 systems p.a.. Our fitting solution for the retail market will help end customers to find the best fitting shoes. We will sell it to retailers on a pay-per-use base for $1 per fit analysis. 20 billion shoes are sold worldwide per year, 10% of which are in Capskin target market.
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility472
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
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