Top pitching startups of SIM: Day One

At the Startups & Investment Matchmaking (SIM) conference in Porto, the pitch battles have been intense. Separating startups by sector, three lucky startups per industry got the chance to pitch before an audience of investor jurors, hoping to secure funding for their innovations.

Day one of the conference saw sustainability and greentech, AI, and fintech startups take the stage for their chance to secure investment. So, who are these startups, and what do they do?

Sustainability and Greentech

Greenmetrics.ai

Greenmetrics.ai use smart sensors and data analytics to address environmental and operational challenges, focusing on water and energy usage optimisation, flood detection and prevention, and wildlife tracking.

The startup enables users to make well-informed, data-driven decisions in order to improve operational efficiency, and minimise resource waste, to foster sustainability so users can adapt and build resilience against the growing impacts of climate change.

SCUBIC

SCUBIC is an automated water network control system that harnesses smart algorithms to leverage data from existing technologies. This enables water utilities to produce actionable insights that minimise energy costs and maximise efficiencies.

Going beyond a digital twin, SCUBIC's solutions empower utilities to holistically optimise their decision-making processes, through continuous network data reviews, optimal pump control, and streamline their overall water distributed operations.

Windcredible

Windcredible is tackling the need for decentralised energy generation in urban environments using wind energy. The startup wants to democratise wind energy with a specialised unique designed wind turbine, designed for the urban environment.

The startup began with the idea to downscale wind energy for the consumer market. As solar panels are widely deployed in a home setting, why not scaled down wind turbines? It has designed three different sized wind turbines, each for different uses. The Nano for low energy needs, the Urban for mid-sized needs, such as households and retail, and Farm for windfarm and industry needs.

AI

DeepNeuronic

DeepNeuronic is a startup that is focused on detecting dangerous activities in real time using Machine Learning. The system DeepNeuronic is creating automatically detects dangerous behaviours on streams of video. The behaviours it detects cover traffic analysis, crowd detection, and public safety.

Framedrop

Framedrop is an AI tool that automatically finds the best moments in YouTube, podcast, and Twitch content and turns it into short-form videos, ready for social media snippets.

Users can choose the clips they want to edit from the selection the AI identifies, and trim the clip with the help of timeline badges that let them know where the best content is. Users can then decide on the perfect layout to make clips pop on social media, and then users can export directly to their socials in a matter of seconds.

Healin

Healin has created a product that is a blend of healthtech and fintech, to make a comprehensive, tailored healthcare experience for its users. Its goal is to bridge the gap between health and finance through personalised financing solutions that give the user more control and flexibility on their health expenses.

The startup has harnessed AI to create a platform that introduces customised healthcare protection solutions that not only provide comprehensive coverage for unexpected events, but empower individuals with greater flexibility and control over their outpatient health funds. The solution allows users to protect themselves against unexpected health events with an insurance policy for inpatient and hospitalisation, while also managing their health funds with agility for outpatient care.

Fintech

Granter.AI

Granter.AI is an AI-powered platform that aims to revolutionise the way startups secure funding by matching them with appropriate funding opportunities and auto-generating tailored draft applications for them, significantly reducing application time and effort. Described as an ‘AI ally’ to help apply for grants, the platform matches startups to grants via their funding goals, the background of the company, and its application history.

Jupiter App

Jupiter App is a Portuguese startup describing its innovation as a ‘robot accountant for freelancers who hate taxes’. The startup creates a personalised calculation of your taxes, so you know exactly when and how much IRS, Social Security, and VAT you have to pay, months in advance.

Users can connect their invoicing programme and automatically communicate the invoice to customers and finance. This means they can do their invoicing, issue receipts, and check expenses in less than one minute.

Nearsoft

Nearsoft is a startup that helps financial institutions modernise their current banking offering into modern digital channels. It integrates these applications into its omnichannel digital banking platform for a perfect integration.

It helps financial institutions create an entire digital banking platform, from internet and mobile banking, to digitalising client onboarding, creating online simulators, improving core banking integration, as well as creating fully online application processes for lending requests.