Project
The market size is 855 billion USD (visually impaired population x unit price of existing devices $3,000 USD). Considering this market size, if we supply Dot Watch, we will be able to supply a maximum of 2 billion units. From Dot Watch to Dot Mini / Dot Pad, we offer with excellent performance and 1/10 of the price compared to existing devices. Moreover, the global market is highly dependent on mobile devices. Also, transportation, payment, etc. is closely connected with a smartphone, so the global market is very lucrative for Dot.
Project Summary
Dot Incorporation strives to be a pioneer in accessible and affordable innovations for the vision impaired and the deafblind to lead independent, fulfilling lives. Dot was formed upon the foundations of making everything accessible to everyone. Our team will be relentless in our quest to actualize our concepts and ready to use as your daily products. Founded upon the ideals of improving and innovating, we work to make an honest impact in society.
Business Model
The core technology in any refreshable braille device is called an actuator. The only countries with the braille cell technology were Japan and Germany, called the piezo actuator. However, Dot was able to develop a Braille cell actuator 1/20 size and 1/10 cost of existing actuator. As an electromagnetic actuator, the Dot cell is able to bring revolutionary changes, first starting with the world’s first braille smartwatch, the Dot Watch.
The Dot Watch is mainly a B2C, B2B product, being sold to both distributors and consumers. The Dot Mini, an educational device will be specifically for organizations, schools, and relevant government ministries (currently under rapid development).
Main Achievements
Jul, 2016 $6.3M / Series A 4 Investors
Sep, 2015 $1.7M / Seed 2 Investors
Jul, 2015 $600k / Angel 2 Investors
We are planning a Series B in 2018. Also, the Dot Watch will be launched around the globe based on the pre-ordered from 13 countries