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The clever baby monitor & assistant that gives parents more sleep
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 With a 20m unit/year market, Chestnut represents an incredible opportunity for investors to disrupt an outdated market.
- 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
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 Investors100 - 250
Investment through platformUp to £1m