Category: Daily news

Matinale connectée objenious

Tech4Race: Objenious’ official partner

Trophée Objenious - partenaire officiel

Last 6th june, we were invited at a keynote dedicated to connected objects, organized by Objenious.

A morning rich in exchanges which put in perspective the uses, the expectations, and the answers brought by this LoRa network operator.

Objenious highlighted Tech4Race among other use cases presented during this event, with a video broadcast in the room.

We are proud to be one of the official partners of Objenious, our main network supplier for our GPS tracking solution. Its availability and its will to meet the expectations of its users is the security of a long-lasting relation for us and our customers.

Objenious in a few figures:

  • n°1 of the IoT in France in the space of 3 years
  • 300 customers
  • More than 100,000 objects use Objenious’s LoRa network
  • 6 million LoRa messages a day on its SPOT platform
  • 4,300 antennas installed in France

With this national coverage, we are able to propose our solution throughout France and soon in Europe thanks to the partnerships that Objenious is setting up with other national operators (Switzerland, Belgium and Lux), next summer.

IoT Awards

Tech4Race, winner of the 2018 IoT Awards in the Compliant category

“Don’t stop me now” as Freddy Mercury said. After Barcelona and the IoT Innovation World Cup, we went to the IoT World / M2M and connected objects exhibition in Paris on March 21st. Winner of the IoT Awards in the Compliant category, we were invited to the award ceremony during the exhibition.

The IoT Awards reward ”outstanding” IoT projects by a jury composed of connected objects professionals (lawyers, journalists, professors, technological and sector specialists, etc.). The candidates are separated according to a scoring grid comprising around thirty criteria around the use, the techno, its application, its financing and its impact. Five projects, including Tech4Race, were rewarded in the “Innovative”, “Ambitious”, “Hi-Tech”, “Compliant” and “Jury Prize” categories.

Projets récompensés aux Iot Awards
©IoT Awards / Media dell’Arte

This award recognizes our efforts to address legal and legislative issues with the help of Avoxa and KPMG, and our desire to have a technically certified product (LoRa Alliance, Objenious).

Thank you to the jury for this award and to you for your kind words!

Iot WT innovation World Cup winner

Tech4Race : winner of the LoRaWAN™ Challenge by LoRa Alliance™, MWC2018

How nice is it to start the year with some good news 🙂 ?

After being selected as a finalist in December 2017, Fabien, co-founder of Tech4Race, went to the final of the IOT / WT Innovation World Cup in the “LoRa Challenge” category on February 27 at the Mobile World Congress in Barcelona, the world’s largest mobile and telecom exhibition… And did not come home empty handed 😉

Chosen out of more than 900 registered solutions, Tech4Race has been rewarded for the LoRa Challenge, powered by the LoRa Alliance. The jury was composed of Tech leaders, IoT experts, journalists, investors and representatives of the Innovation World Cup partners. They felt that Tech4Race product excelled in the areas of innovation, market readiness, and scalability :

“Tech4Race leverages the unique aspects of LoRaWAN such as geolocation, long-range, affordable sensors, and connectivity options across public and private networks to make competitive sports events more enjoyable, fairer and easier to administer, with real-time data from the participants made available to the event organizers, participants, and spectators.” said Charles Paumelle, co-chair of the Marketing Committee for the LoRa Alliance and co-founder of member company Microshare. (from LoRa Alliance Press Release)

We’re genuinely honored to be named the winner of the LoRaWAN Challenge. The LoRaWAN network is often used for industrial and logistical purposes, however, the Challenge offered an opportunity for us to showcase another aspect of its usefulness, specifically in sports.

First positive results: we have started discussions with various global operators of the network to implement our solution abroad.

After this victory in Barcelona, our next challenge is to finalize our fundraising. What’s better and more reassuring than investing alongside a winner of a “World Cup”? 🙂

Thank you all for your support and encouragement!

Innovation World Cup finalist

Tech4Race, IOT/WT Innovation World Cup finalist

The end of 2017 ended well for Tech4Race: we are finalists of the IOT/WT Innovation World Cup®, in the LoRa Challenge category.

We have been chosen out of more than 900 registered solutions to present our solution as an elevator pitch at the official pitch award ceremony at the Mobile World Congress in Barcelona on February 27th 2018. The IOT/WT Innovation World Cup® is the world leading competition in the areas of Internet of Things and Wearable Technologies. The competition includes seven different categories: Home, City, Lifestyle, Industrial, Transportation, Healthcare, Retail, as well as 6 special prizes including the LoRa Challenge powered by the LoRa Alliance.

It will be a great opportunity to present our solution to an audience of industry experts, media, representatives from the Innovation World Cup® partners (STMicroelectronics, LoRa Alliance™, Gemalto, EBV Elektronik, Telefonica Next, AIQ Smart Clothing, VARTA Microbattery and Cicor Group) and investissors – which is auspicious in this period of fundraising 😉 . We will also expose our GPS tracking solution on the LoRa Alliance booth during the show.

See you on february 27th for the final step !🤞

Gwenneg.bzh

Tech4Race seeks to raise € 300,000 in equity crowdfunding

The first years of a start-up are punctuated by the development of the product, the search for customers, … and investors. A step sometimes unavoidable to keep growing. We are at this point. A fundraising will allow us to invest and recruit to accelerate our development.Our need is € 300,000.

Our aim is to generalize real-time live tracking of outdoor sports events.To do so, we must “scale up” to have a sufficient number of trackers.The first 500 trackers produced and financed from our own funds will obviously not be enough to reach that goal 🙂

The sports events market is large (145 billion dollars) and growing (+ 3.5% / year). This is even more true for all the “outdoor” sports we target (triathlon, trail running, swimrun, road races, water sports, golf, etc.).It is global and immediately accessible, the needs and demands are the same from one country to another.

We are just starting to commercialize our solution and we are already able to confirm that feeling thanks to the many requests that we have, both from France and abroad (Iceland, Peru, Germany, Spain, United Arab Emirates).

Tech4Race must invest to have a sufficient number of trackers in order to respond to the solicitations and be able to equip a large number of participants from 2018. We also must strengthen our sales and R&D teams in order to offer new services and adapt our solution to new sports (sailing, golf).

What is the challenge of this € 300k fundraiser? Accelerate our “go-to-market” in France, validate our business model and export us very quickly to other countries.

Our expectations for 2018: 7 job creations, a production of 3,000 trackers from the beginning of the year to equip 30,000 participants on more than 70 races next year.

Tech4Race has contacted several funds specializing in startup funds. We also want to open our capital to individuals and business angels. A way to associate people who believe in our project by relying on a regional tool : Gwenneg’s crowdfunding platform.

If you are interested in our fundraising, go to gwenneg.bzh.