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Eliport announces its equity crowdfunding page for last-mile delivery robots

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Eliport, a new start-up set up by two Barcelona entrepreneurs, has just launched its equity crowdfunding page, looking to draw investment in order to fulfil its vision of completely automating last-mile delivery through autonomous robots.

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Dmitry Skorinko, ex-CTO of Glovo, and Patrick Synge, ex-Head of Sales for Degustabox, founded their new last-mile delivery start-up in October 2017 in Barcelona, looking to bring their delivery industry expertise to the world of autonomous robotics. Their equity crowdfunding campaign, announced in late February 2018, will help them to make their vision "“ a world where last-mile delivery has been completely automated "“ a reality.

Unlike "˜normal' crowdfunding campaigns, which act as pre-selling channels for products that businesses pledge to produce, Eliport's equity crowdfunding campaign turns donators into investors. At the moment Eliport is valued at $0.30 per share, with a $1.8M pre-money valuation. The minimum investment amount (per investor) is $270.00 (900 shares), and the maximum is $106,999.80 (356,666 shares).

Eliport believes that the market size of both the robotic automation and delivery industries are set to be enormous, as reinforced by many recent studies on the subject. The autonomous robot market will draw billions of dollars from all of the industries that it advances, in essence creating its own industry-sourced market. As for the delivery industry, between 2014 and 2016 alone, it grew 48% "“ from 44bn parcels to 65bn delivered worldwide. This is predicted to grow by 17-28% each year between now and 2021.

The total addressable market for Eliport is therefore vast. Even tapping into just 0.1% of the global delivery market would result in presently delivering around 1.78 million parcels per day, and therefore yearly revenues of well over €2bn from parcel delivery alone.

Eliport is therefore offering the public the chance to invest in a growing market that will play a pivotal role in determining the future direction of smart cities and lifestyles. Moreover, the start-up is offering rewards to those who invest larger amounts. Giving over $500 will get you listed as an Eliport backer on their website; $1,000+ will mean you receive the latter recognition in addition to an Eliport blueprint poster; at $5,000+, you will receive all of the above, plus a 3D-printed scale model of first Eliport robot; and at the grand figure of $25,000+, your business logo of will be placed on the side of Eliport's first robot prototype.

With the funds generated through their equity crowdfunding campaign, Eliport hope to create their first mechanical prototype by October 2018, with an autonomous prototype being produced by 2020, and deployment happening in 2021.

The campaign will last 3 months in total, and although it is looking to raise a minimum of $107k, they will raise this up to $450K depending on demand.


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Eliport announces its equity crowdfunding page for last-mile delivery robots
Modified on Friday 16th March 2018
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