• Sector

    Technology / It / Software

  • Status

    Bulletin

RISK WARNING: Your capital is at risk. The risks of investing include: illiquidity; lack of dividends; loss of investment; and dilution. You should invest only as part of a diversified portfolio.
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Chestnut

The clever baby monitor & assistant that gives parents more sleep

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Overview

Every parent needs a bit of extra help in those early years. Each year, over 30,000,000 parents worldwide suffer from some form of Post-Natal Depression, often driven by lack of sleep. Chestnut is a baby monitor that gives parents more of what they need and less of what they don't. It actively helps when you are at your lowest, and reassures you that all is OK so you can spend less time worrying and more time resting. Driven by advanced an advanced ML algorithm (running locally) and fusing together data from the market's widest range of contactless sensors to give a holistic view, Chestnut intelligently recognises of a wide range of situations and easily lets you decide how to deal with them, as each child and each day is different. Chestnut also provides a platform for paid services, such as sleep training, health consultations and entertainment. With a 20m unit/year market, Chestnut represents an incredible opportunity for investors to disrupt an outdated market.

Deal Manager avatar

Contact
Christopher Hill

WE ARE LOOKING FOR:
    
  • Funding - currently raising £500,000
  • An investing NED with consumer electronics / baby tech experience
  • Interest in taking a strategic role in our business 
  • A mentor with experience of helping companies to scale
  • Access to grant funding

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Originator


Originator: SETsquared Partnership

Investment Focus: Equity

About: The SETsquared Partnership is the enterprise collaboration between the universities of Bath, Bristol, Exeter, Southampton and Surrey.

Contact Name: Jake Ronay

  • Registered Investors
    100 - 250
  • Investment through platform
    Up to £1m