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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.

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

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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