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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.

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

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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