Startups & Ventures

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Modernized Floor Cleaning Equipment Problem: Dirty floors suck. This is a globally recognized phenomenon: according to Grandview Research, “The global floor cleaning equipment market size was valued at USD 5.38 billion in 2018 and projected to expand further at a CAGR of 8.5% from 2019 to 2025.” But what are the innovations and opportunities in this otherwise dirty market? Solution: In addition to sizing an absurdly large market, during their Floor Cleaning Equipment Industry Report, Grandview Research identified a few other notable trends. Namely, High-end cleaning demand: “Rising demand for high-end cleaning products is among the key factors responsible for the growth of this market.” This point has only been exacerbated by the global consciousness of the COVID-19 pandemic. In fact the global market is expected to grow at 11% per year over the next decade: largely due to germ-consciousness. Electric Machines: “The advent of electric machines and handles due to technological advancements in mopping system will also help boost the market growth.” In the consumer space, this includes products like the “Roomba,” which vacuums houses or apartments automatically. However, there is also the rise of other products like floor scrubbers, vacuum cleaners, floor sweepers, power washers, and more. All of these have the potential to be digitized. Ride-on and No-ride Models: “Moreover, the introduction of ride-on models of floor cleaners has resulted in increased demand, thereby fueling market development. The ride-on models are 60% more efficient than other products due to the reduction in forward motion by the operator, which reduces the intensity of the task.” While Grandview focuses on ‘ride-on’ models, my hunch is that the next generation of robotics will be entirely remote. Much like how Cobalt Robotics is on a mission to provide seamless robotic security services for all situations through self-driving and self-acting robots for security, this business would ideally do the in the cleaning space. Consumer Complexity: This market trend, one I completely overlooked, is best described by Grandview: “Use of different types of flooring materials also affects the product demand. For instance, flooring materials used in hospital wards, such as wood blocks or strips, require high maintenance and hygiene levels as these materials are porous and thus, the surface can have split between the strips or blocks retaining dust particles. Thus, increasing usage of flooring materials, such as of natural wood, stones, and rubber materials, has widened the scope of application for advanced floor cleaning products.”

Earth Printed Houses Problem: Building houses require unique time, money, and resources even though much of the process is deeply repeatable. While many companies are attempting to 3D print houses, many of them require transporting resources from around the world to be printed. Are there innovations on this model? Is there a way to print houses more sustainably? Solution: The business would develop technology that takes existing earth and repurposes these natural resources to create houses. The 3D printed house movement is not new, in fact many news organizations like CNBC and The B1M have featured it globally to millions of viewers. Where this business would innovate is by trying to create zero-waste (and zero-import) printed 3D houses. Just this week, I learned that “Mario Cucinella Architects and Wasp, Italy’s leading 3D printing company, have completed the first house to be 3D-printed from raw earth.” They utilized a process called Tecla (technology and clay) to create eco-sustainable and environmentally friendly production by using local soil.

Google Trends Analyzer Google Trends seems like a very promising product, but unless you know what you're looking for, it's hard to find interesting insights. I wish that there was a tool that would aggregate relevant trends and would allow me to easily search for relevant keywords rather than having to guess what may or may not be trending.

Shareable bookmarks A social app where users share their useful bookmarks for websites. They are be grouped by folders, labels, tags, and are searchable. Users can follow each other to read their bookmarks feed. The service can be integrated with the browser bookmarks addon. One nice feature that might add more interactivity among the users is the possibility to ask others what websites they could recommend for X or Y. Such a service requires you to attract users when there is not much activity(because of the lack of users) - the chicken and the egg problem that occurs on social platforms and marketplaces.

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VR practice for medical personnel A platform that provides an environment to practice skills for doctors, nurses in virtual reality together. Thus, they can enhance their knowledge before going to hospitals. Also, it's great to do so virtually and together. It's not only for practice but for lecture sessions or even conferences where people not only tell but show something in VR for many people.

Program auto-creator A tool that transforms your idea into a product sketch in no-code. You have a bunch of automation, some parts with code where you need low-level stuff, somewhere you have integrations with other tools, other parts are complete no-code. Of course, the quality of such a sketch depends on how well you describe an idea and how the result should look and behave.

Datasets normalizer A tool that helps people who create, manage, use datasets to normalize them to decrease the time they spent on such work. Good ML models are good data, and most of the time people spend on normalizing it: to remove duplicates, extremely high or low points, empty values, and so on.

Semi-virtual notes A notebook where each page has a unique id that can be scanned by an app on a smartphone. The app can link a real notebook page to a virtual space where you also could add notes. Besides that, you can have handwritten notes mirrored in a virtual space, thus you're able to manage them: correct, add more context, notes, etc. While creating a notebook with the id on each page can be overhead, we could simplify the flow. A person may use a usual notebook and the app scans a whole page for signs it will use an id for the page. Also, a user can create a unique sign that will be recognized.

I wonder why don't companies manufacture a microwave with a thermometer that says how warm food is, so we don't need to randomly pick a heating time.

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Highlights on web pages A browser extension that allows you to highlight a text on a web page, with a possibility to add notes. Then the extension saves the highlights in one place(it may even be Notion), so you can access them. The notes are easily searchable, categorized by a website, and custom tags. A related idea: if you make your notes public, then other users who use the extension can see what you've highlighted on any website. Like, it is on Medium.

Pauses remover A tool that automatically detects inconvenient moments in your video such as "ehhh", "hmm", pauses, and cuts it accordingly. No more manual editing.

Freelance marketplace A platform like Upwork where people may find programmers to solve their tasks with the following improvements: - Registration and using the service are free. Only a fee applies for transactions. - Programmers can be paid in cryptocurrency. No hassle with confirming the identity and receiving payments because of government policies. - The hardest. An algorithm that connects a programmer with the person/company who needs services. The match is based on the programmer's skills. So if you're a great engineer with plenty of completed projects in real life, why should you work for food for the first year or so to have adequate clients?

Recurring Revenue Securitization Problem: Financing options for startups are extremely limited: either equity or debt. Founders must give up ownership in their company or take money from banks at non-zero interest rates. Solution: There’s been a lot of buzz online recently about alternative forms of financing for startups or SaaS companies with reliable, recurring revenues. The current model is something along the line of what Pipe has done by creating a “financing platform that provides non-dilutive financing to SaaS companies in the form of an instant cash advance. The concept is best described by Alex Danco in his blog post “Debt is Coming” and was additionally expounded upon by Patrick McKenzie from Stripe in his Tweetstorm on SaaS-cash flow backed securities. Essentially the idea is to give companies money today for the reliable MRR cash flows that will eventually return in the future. The benefit of such agreements are that companies no longer have to discount annual memberships and can retain equity in their companies. The business would compete directly with Pipe (right now the only major player in the market) and innovate on the recurring revenue securitization model. Perhaps, the business would allow anyone to invest in these securities.

Decentralized social network Where you share ideas that can be shown to everyone, not merely to followers. A user can't be removed by someone, but if (s)he posts something irrelevant, the system will rank the user lower because of low people interest. A side idea is to create crypto tokens for every creator so anyone may invest in a creator that people like. A creator's tokens worth is increasing as (s)he posts interesting content. There are platforms like that, and the most popular one is poorly implemented.

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Artificial voice creator A tool that allows you to create a custom voice from scratch. You pick voices you like, then modify them to reach the voice you'd like. There is an option to combine the current voice with another one you like. The tool gives you the possibility to listen to the voice with custom texts.

App marketplace A platform that distributes mobile apps, PWAs. Unlike Apple and Google Play, it doesn't take a registration fee. The problem it solves is providing people a new place in the game on a monopolized market.