Presentation by Henry Nurser, Blu Wireless Technology Ltd

1. Henry Nurser
Blu Wireless Technology Ltd
Raising Money for a Technology
Start-up
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013

2. Blu Wireless Technology Ltd
Founded 2009 in Bristol, UK - a centre of excellence
for DSP, consumer & wireless semiconductor design
Providing solutions to efficiently address the multiGigabit baseband processing challenge
– WiGig (WiFi .11ad) for wireless Personal Area Networks
– Low cost backhaul for 4G small cell rollout
Specialists in DSP & Wireless System design
– Team with deep expertise in both digital and RF domains
– Prof Andrew Nix (UoB), Sir Robin Saxby (Ex CEO/Chair of
ARM) & Glenn Collinson (Ex CSR) on advisory board
Closed £3M funding in July 2013
12-Dec-13
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013
Page 2

3. Experienced Management Team
Henry Nurser (CEO)
– R&D and Business Unit Director at
STMicroelectronics for Consumer and
Automotive markets.
Ray McConnell (CTO)
– High performance and low power parallel
processor architecture at Inmos, Clearspeed and
PixelFusion.
Mark Barrett (CMO)
– RF system, Wireless SoC development &
marketing with Philips Research, ERA Technology,
VTech and 3 start-ups
12-Dec-13
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013
Page 3

4. Why Multi Gigabit Wireless?
High speed data transfer
onto mobile platforms for
‘Sync & Go’
HDMI cable replacement for
HD content or 3D gaming
Cheap deployment of selforganising networks of small
cells on lamp posts, etc.
12-Dec-13
<£2K
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013
>£15K
Page 4

5. Why Multi Gigabit Wireless?
High speed data transfer
onto mobile platforms for
‘Sync & Go’
HDMI cable replacement for
HD content or 3D gaming
Cheap deployment of selforganising networks of small
cells on lamp posts, etc.
12-Dec-13
<£2K
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013
>£15K
Page 5

6. How to ‘Tick the Boxes’
‘THE IDEA’
CREDIBILITY
MARKET KNOWLEDGE
1 to 2 yrs
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013

7. How to ‘Tick the Boxes’
‘THE IDEA’
CREDIBILITY
MARKET KNOWLEDGE
1 to 2 yrs
Exploit
SEIS
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013

8. How to ‘Tick the Boxes’
CUSTOMERS
REVENUE
‘THE IDEA’
PUBLICITY
CREDIBILITY
PARTNERS
MARKET KNOWLEDGE
MENTORS…
2 to 3yrs
1 to 2 yrs
Exploit
SEIS
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013

9. How to ‘Tick the Boxes’
CUSTOMERS
REVENUE
‘THE IDEA’
PUBLICITY
CREDIBILITY
PARTNERS
MARKET KNOWLEDGE
MENTORS…
2 to 3yrs
1 to 2 yrs
Exploit
SEIS
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013
Exploit
EIS

10. Further Tips – Sources of Funding
Find a corporate that needs development help
– Use ££ to fund internal IP development in parallel
Expect to send your Exec Summary to many
people, but avoid info@loadsofmoney.com
– Go through people that know you!
READ the information on websites of EIS
funds, Angel networks and even VCs.....
– When they state ‘up to £1M’ that means <£250K
Travel to other cities – London & Cambridge
© Blu-Wireless – Commercial in Confidence
© Blu-Wireless 2012 Technology - Sept 2013