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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.

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

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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