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Nello One

Self-installable device that converts intercoms into a smart keys to allow access from anywhere.

Total Cost €

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EC-Contrib. €

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Partnership

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 Nello One project word cloud

Explore the words cloud of the Nello One project. It provides you a very rough idea of what is the project "Nello One" about.

penetrate    signals    wi    people    5m    seeking    idea    fits    market    run    hallway    prior    annual    balance    investment    placed    door    redefine    deployment    successful    2018    jump    2016    works    difficulties    accustomed    someone    intercoms    showing    26    made    2014    sme    originally    optimise    co    households    biggest    online    huge    housing    instantly    registered    team    november    convenient    financial    chip    cloud    nevertheless    worldwide    uniquely    pilot    commerce    connected    fraught    fast    affordable    192    giving    founders    capital    nello    2017    smart    transmit    gives    buzzer    fi    customers    buying    plan    investors    68m    options    sound    220m    buzzed    app    price    though    540    followed    enabled    rising    opens    lock    give    chain    kickstarter    permission    reached    employee    bell    convenience    trillion    solution    2015    larger    more    sheet    raised    campaign    compete    upgrade    informs    instrument    plug    started    play    retailers    turnover   

Project "Nello One" data sheet

The following table provides information about the project.

Coordinator
LOCUMI LABS GMBH 

Organization address
address: ZWEIBRUCKENSTRASSE 2
city: MUNCHEN
postcode: 80331
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Germany [DE]
 Project website https://www.nello.io/en/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-08-01   to  2018-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LOCUMI LABS GMBH DE (MUNCHEN) coordinator 50˙000.00

Map

 Project objective

A rising number of customers are becoming increasingly accustomed to convenience. People are buying more and more online – the e commerce market reached €1.9 trillion worldwide in 2018, a 26% jump from 2016. As such, retailers now need to compete on convenience as well as price. Nevertheless, delivery is the biggest challenge to e-commerce. Though access control is seen to be more convenient for delivery options, it is fraught with difficulties.

Nello One is the only plug and play smart lock solution that gives hallway access at a highly affordable price. It is a smart upgrade for intercoms that works with a Wi-Fi-enabled chip to transmit the bell and door buzzer signals of intercoms via Wi-Fi to the cloud. The Nello One app is connected with our cloud so the app informs users when someone has buzzed and after they give permission, Nello One instantly opens the hallway door – no matter where they are. Nello One is uniquely placed within the housing access market -there are 220M households in Europe giving us huge potential market.

Our management team is made of the 5 co-founders and a new employee. This product idea originally started in November 2014 followed by a successful Kickstarter campaign in 2015 and in 2017 we registered an annual turnover of €192,540 with a balance sheet showing €1.68M. Prior to this, we raised capital from a range of different investors. We are now seeking for a further investment of €1.5M to further develop the technology, run a large pilot test and redefine value chain in order to optimise the production and penetrate a larger market.

The proposed work in Phase 1 of the SME Instrument fits into our overall plan to reach the market by contributing the financial resources needed to plan a fast sound wider deployment of Nello One and its market uptake.

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The information about "NELLO ONE" are provided by the European Opendata Portal: CORDIS opendata.

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