What is the BlueInvest Project Pipeline?

See our showcase of innovative projects and entrepreneurs who are shaping the Blue Economy.

Projects consist of innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The graphs below provide an overview of the country distribution, sector, and TRL of projects currently listed in the BlueInvest Project Pipeline.

 

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Selection Criteria:

Your company is EU-based or from an eligible sea basin region (Georgia, Turkey, Ukraine, Moldova, Montenegro, Albania, Bosnia-Herzegovina, North Macedonia, Serbia, Turkey, Israel, Egypt, Tunisia, Algeria, Morocco, Lebanon, Syria, Libya, Mauritania, United Kingdom, or Norway)

Your project TRL is 4 or higher

Your project sector is in one of the 10 blue economy sectors identified for this initiative

Your solution has a clear sustainable impact on the blue economy

Your project is looking for investment

Project Country

Country in which the project is being developed and / or implemented. 

Project Sector

Main blue economy sector the project relates to.

Project TRL

Current technology readiness level of the project. 

MotionsCloud

Inspections automation as for Marine related

  • Other

Company behind project
MotionsCloud

Germany

About Us
- LeX Tan is a founder and CEO of MotionsCloud, an Ex-insurance claims manager, serial entrepreneur, insurtech influencer, conference speaker, and engineer. Lex also won several entrepreneur awards such as HSBC Young Entrepreneur Award.
- Alexis Hanke is a founder and CSO of MotionsCloud, he’s a serial entrepreneur who sold 2 companies in the past, and a former CEO of a claims management company that he grew from 10 to 30 corporate clients in 2 years.
- Pablo Vu is CAIO of MotionsCloud, he’s an AI scientist with over 9 years in AI application development and competed in world-renown top 5 AI Kaggle competitions.
- Sereyboth Van is CTO of MotionsCloud, he’s a full-stack developer with over 9 years of experience in software application development.


Problem we are solving
MotionsCloud is an inspectech company that helps vehicle & property insurance companies, fleet managements companies, airlines & marines to streamline & automate inspections/claims processes using AI computer vision, augmented reality. M1: IoT sensor device module to automate damage notification for vehicles. M2: An augmented reality virtual guidance mobile web-based app for users to perform a simple self-inspection of the damaged machine/object/facility/vehicle.
M3: An AI computer vision technology module to evaluate & analyze photos/videos taken from M2, which generates a damage assessment report in minutes. M4: An optional remote live video inspection module for more complicated/suspicious cases in which an expert can perform remote inspections and check via mobile web app with the users, personnel & 3rd party.

Sustainable Impact on Blue Ecconomy
MotionsCloud is uniques because:
> MotionsCloud solutions reduce time spent on the processing (<3hrs), cost spent on the processing (up to 75% saving), reduce fraudulent cases, and increase the accuracy of damage assessment while providing great customer experiences.
> MotionsCloud automates damage notification & monitoring through the BOSCH IoT sensor device in real time.
> Fraudulent, pre-existing damages cover and mistakes of damage assessment can be avoided with evidence of pre-inspection, damage inspection.
> With AR mobile web-based visual inspection, AI (deep learning/computer vision) images/videos damage assessment, IoT sensor data, and damage impact measurement.
> MotionsCloud solutions and modules are also APIs based and they can be integrated all together or individually.

TRL
  • TRL 8 - Actual system completed through test and demonstration



Financial NeedsWe will be expecting a valuation of 10-12 mil EUR at this time, and raising a series A funding of 4-6mil EUR at the pre money valuation of 15-18 mil EUR beginning of 2024.

Planned Funding Allocation
  • Improve our R&D: 33
  • Sales and Marketing: 33
  • To hire more resources: 33