TWIST: Photon achieves its crowdfunding goal in just 5 days!
Photon, the first robot that develops together with your child, making a child’s first steps into the world of technology to be very fun and interesting, managed to achieve its crowdfunding goal on Kickstarter in just 5 days!
This is yet another success story brought to you by Startup Europe and TWIST, who are both very happy to announce that Photon received the entire amount the project pledged for in record time.
Photon pledged for crowdfunding $35,000 on Kickstarter, and in just 5 days, the project managed to raise over $37,500 from 243 backers, meaning that the product will reach the market in 20171
Being such a unique product and offering a very innovative and useful service, Photon won the Microsoft Imagine Cup in 2015, and was part of the Microsoft Imagine Cup Acceleration Program. After winning this outstanding competition, META Zernike Ventures invested in Photon through its Xplorer Fund, the first proof of concept type of fund in Poland. Xplorer Fund (Poland) can finance technology driven projects or startups, and Photon is a perfect example of a successful idea brought to life.
The Microsoft Imagine Cup is a very prestigious event and TWIST and StartUp Europe partnered with DotConnect and Microsoft in order to organize this year’s edition in Warsaw. Through the TWIST project, StartUp Europe manages to support the European startup ecosystem in achieving its goals.
Photon is just one of many success stories developed inside the European startup ecosystem and with its innovative product, children can be easily motivated to learn through a storytelling driven experience.
StartUp Europe and TWIST support innovative startups all over Europe and if you are interested in learning more about what we do, or if you want to get in touch with our experts, visit startupeuropeclub.eu & www.digitaltwisters.com for more information.
TWIST DIGITAL is the H2020 action, under the Startup Europe umbrella, that provides Transregional Web Innovative Services for Thriving Digital and Mobile to web entrepreneurs aiming at scaling up and competing in the global market around 4 interconnected web entrepreneurship startup ecosystems and hubs (Rome, Lille, Stockholm and Warsaw).
Startup Europe aims to strengthen the business environment for web and ICT entrepreneurs so that their ideas and business can start and grow in the EU. Startup Europe contributes to the Entrepreneurship 2020 Action Plan.
Startup Europe’s objectives are:
- to reinforce the links between people, business and associations who build and scale up the startup ecosystem (e.g. the Web Investors Forum, the Accelerator Assembly, the Crowdfunding Network)
- to inspire entrepreneurs and provide role models (e.g. the Leaders Club and their Startup Manifesto, the Startup Europe Roadshow)
- to celebrate new and innovative startups (with Tech All Stars and Europioneers), help them to expand their business (Startup Europe Partnership, ACE Acceleration Programme), and give them access to funding under Horizon 2020.