At first
When we started, we had a very global vision. We took our sector and technology and assessed everything we could bring, regardless of the time frame.
When we started, we had a very global vision. We took our sector and technology and assessed everything we could bring, regardless of the time frame.
But what we needed was precision. We had to find our segment.
Rightfully so, we attended events, joined networks, etc...
It enabled us to engage with potential clients, from French state officials to smart-city actors and major realtors.
Once we identified which players benefited most from our solution, we adapted it to fit their needs and started pitching and closing partnerships.
Not only does our technology deeply interest all our prospected clients, but some are also willing to collaborate on a Proof-Of-Concept.
But for that particular endeavor, we have to finish building our infrastructure.
Thus, we need funds.
Our desired structure is centered around our existing company owning the technology and Etherland’s Intellectual Property and opening new companies for each target commercial application sector.
That allows us to focus on raising first for the IP company and have future rounds for commercial applications. In other words, we can be 100% dedicated to raising for R&D.
We first thought about crowdfunding to ensure we remain the sole owners and decision-makers for the Etherland brand and technology. But the timing is not ideal and would take too much time.
Hence, we are considering loans, subventions, or co-development contracts with interested clients.
IP Company’s raised funds distribution
