B&Y helps Artificial Intelligence Company achieve £100,000 in financing
Joy, sadness, trust, disgust, fear, anger, surprise and anticipation – Emotion Cube will show you how you feel! Emotion Cube is the world’s first A.I. device that can respond to factual questioning and engage in a two-way conversation. The cube can ‘feel’ your primary emotions and become your mood enhancer, helping you to remain productive, focused and positive.
Our client wanted to find an investor who could add strategic value to the business, shape the sales and marketing strategy and outline a clear route to market with an aim to build the company for an exit in 3 to 5 years’ time.
With our connections we knew we could find just the right investor to fill this need. There are no direct competitors to Emotion Cube, as no other company has the equivalent functionality. Emotion Cube’s unique capability with the emotion processor and emotional sharing places it in a class of its own. We coached the client on how to best communicate the product features and helped them present this to a shortlist of suitable investors.
We found a bespoke investor who is excited by the intellectual property aspect of this investment. The investor is well connected in the fund raising game and has access to further financing through his contacts. He is now working to develop a marketing strategy, enabling the client to focus on their specialty, the technology, and better direct the team.
Our negotiations on behalf of the client have resulted in an outcome that both parties were pleased with. Now the client has the necessary capital to deliver the orders and an investor on board who can help move the business forward.
At B&Y we continue to be active across all markets from development capital for established firms, exceptional early stage businesses and of course, turnaround. We raise capital through our business angel network with investments ranging between £250,000 to £5million so please do feel free to get in touch to see how can help.