NaturalCycles featured by Arctic Startup.
This morning we had a meeting with a technology investment company here in Stockholm called Northzone.
We are not in urgent need of funding, as we are still afloat from the investment round we closed last year, but at the end of this year we are looking to close a new round. Northzone would be a cool partner for NaturalCycles, so we are starting to get to know each other.
The meeting went well and we’ll meet again at the end of June. This reminds me that we’ll have to find a nanny for future meetings that require the presence both Raoul and myself. Today might very well have been the last important meeting before baby. We do have another meeting with our future business partner on Thursday afternoon, but there’s quite a risk that I won’t make it to that one. I hope it will not coincide completely with the birth, because then Raoul will not make it either. Well, well, we’ll just have to take things as they come in the next few days.
Today we went to Bern to present NaturalCycles in front of a jury from CTI, to be accepted into their coaching program for start-ups.
CTI is the federal commission of technology and innovation and if you enter their program there is an 88% chance that your start-up is in business 5 years later. We had already met with our coach a few times, but today was the official day of coaching acceptance. Raoul gave a great presentation and we got to discuss a lot with the jury, who were giving us several difficult, but interesting, questions.
After the presentation and the discussion, we had to leave the room for a while for the jury to convene. It took quite long so we got a bit nervous about whether we would make it or not, but luckily we did! As a milestone they said that we should aim to have IP check completed, and have decided on which market and business strategy to focus on, by February 2014.
Lots of fun work ahead! Afterwards we went for a nice lunch outside in sunny Bern.