TimberNest and Sehat Labs wins VentureCup 2018

Published On January 17, 2018 | By Kristian Grove Poulsen | News, Stories

TimberNest and Sehat Labs won each their category at VentureCup:

2018 already started out nicely for the entrepreneurial PDI-students. On 16th of January 2018 the two companies TimberNest and Sehat Labs, each won the first place in each their category, resulting in a price of 10.000 DKK. All in all 4 startups were representing the PDI-study: AirWallet, MPM-Labs, Sehat Labs and TimberNest. The startups were each representing different categories: FinTech, GreenTech, HealthTech, and Service Innovation. They were among the 25 startups in the finals, chosen from over 100 applications in the VentureCup Idea Competition.

TimberNest won the category Service Innovation with their Freemium business model

The day started with all 25 startups pitching in front of the judges in each their category for closed doors. Two startups from each category was chosen to pitch on stage in front of the audience in SDU Cortex Lab. From here the winner was picked and given a price of 10.000 DKK. From the 5 winners in each category, an overall winner of a price of 100.000 DKK was chosen by the judges and the audience. The overall winner of the day was Brewer’s Spent Grains, that by using leftover grains from beer production could produce a healthy alternative to wheat flour.

TimberNest that won their category in Service Innovation, pitched their idea of making their social rocking furniture available for far more users, by utilising a freemium-based business model. The team consist of the two PDI-students Nicolai Isaksen and Kristian Grove.

Sehat Labs won the category in HealthTech with their artificial intelligence pre-hospitalization interviewing robot.

Sehat Labs won the HealthTech category with their artificial intelligence pre-hospitalisation interviewer T.H.E.A. Also here the team consists of PDI-students: Ehsan Ekhlas, William Lemi.

AirWallet, which consists of the PDI-students Andres de Raadt and Christian Bonde, has created a device that can upgrade old coin-paying systems for free, by using mobile payment.

MPM-Labs, where the PDI-students Bavanthan Nadarasa and Martyna Waliszewska are co-founders, have build a business model around detecting microplastic.

All in all the teams were very satisfied with their performances, even though some did not make it all the way. All the teams are motivated towards further discovering and learning from their experience with VentureCup.

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Bsc. Eng. Stud. Product Development & Innovation
Faculty of Engineering @ University of Southern Denmark
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