THE CTO DRIVES THE ACTIONSuccessful robotic start ups – The Odense Model

• 120 companies• 46% established

after 2010

• Collaborativerobots

• Logistics• Food automation

LEADING THE NEXT INDUSTRIAL REVOLUTION

The Odense Model – Successful robotic start ups

Innovation solving a real problem Strong product/market fit – Minimum Viable Product in 18-24 months Scalable product and business model Strong CTO and team with robotic capabilities Substantial owner-share to founders Access to funding and soft money

- Pre prototype- Market Launch- Scale Up

Commercially-oriented CEO at market launch Based in a supportive ecosystem

X

ODENSE ROBOTICS STARTUP HUBFacts – early 2018The model

20182015 - 2016 2017

Companies in the Hub

• 5 slots in incubator• Total Funding 5,5m EUR

• Soft Money 1,5m EUR• Direct Investment 4m EUR

• 36 Jobs• 6 Alumne Start Ups – 4 with Commercial success• 40+ Start ups Screened• Partnership: DTI Robotcenter, Invest in Odense &

Odense Robotics

Next: TBA