October 2024
Our October meeting was held on 16th October 2024 at Browne Jacobson
We're passionate about innovation and entrepreneurship. Through our successful startup legal support programme, Grow, we will guide you through investment rounds so your startup secures funding to grow its operations. We advise on all areas of employment law to assist with hiring and managing your first employees. We implement tax efficient share option schemes to incentivise and retain your staff. We support on the drafting and negotiation of commercial contracts and arrangements with customers and consumers and minimise risk and exposure to your business. We help you navigate the increasingly complex regulatory landscape relating to financial services and data and help shape your brand and intellectual property protection strategy.
Our aim is simple: to partner with you on your startup journey through the full growth cycle of your business, all the way through to exit.
We work with exciting, growing businesses and their stakeholders on venture capital and angel-led funding rounds across a range of sectors, including FinTech, InsurTech, HealthTech, AgriTech, automotive, retail and consumer and CleanTech.
Jon Snade welcomed the 3Cs Community on behalf of Browne Jacobson
Guest Speaker
Jenni regularly features on TV, stage and on front pages of business magazines and newspapers.
She has a shelf full of business awards and was in the top 100 UK female entrepreneurs list by F:entrepeneur as well as being a best selling author in the book 'Inspirational Women Of The World'
"My life purpose is to save lives"
Prior to creating her business Jenni was a police officer in London and experienced a vast number of real first aid emergencies including treating casualties at Edgware Road tube station during its bombing in 2005.
In 2014 Jenni (a mum of 3) was sitting in a coffee shop chatting with a friend when her friend's daughter choked, being an advanced first aider, Jenni knew just what to do. She quickly stepped in and successfully removed the blockage and the little girl recovered perfectly.
It was this moment that she realised then that first aid was not something regularly offered to new parents and that so many parents didn't have basic first aid skills that could so easily save their child's life.
When researching suitable first aid training classes she found that parents were restricted to longer certified classes aimed at the corporate market who often showed frightening videos and told distressing stories. Jenni felt she wanted to educate parents in a way that made them feel happy, confident and empowered rather than terrified and intimidated.
Jenni has grown her business from table top to a being multi-award winning franchise with trainers running their own successful Daisy businesses UK wide.
Business Pitches
PharmaSentinel fully leverages the latest revolution in AI to provide a 360° verified view for clients of the latest regulatory and scientific intelligence services at a disruptively low price. Having proven demand for its services, received positive reviews from multinational pharma customers, and won prestigious UI/UX design awards, PharmaSentinel now has a rare opportunity to cement its competitive advantage by rolling out a full-scale sales & marketing strategy across key EU markets.
This seed round will support PharmaSentinel reaching £1m ARR in 2025 before its Series A. To develop competitive and compliant products and services, companies and healthcare professionals in the pharmaceutical, biotech, and medical device sectors must track regulatory and scientific developments spanning numerous therapeutic areas, a labour intensive & time-consuming process. The consequences of non-compliance and uninformed drug development are extremely costly for companies. The average large pharma company spends over £2m pa on regulatory & scientific intelligence gathering and monitoring. Less than 1% of companies can afford dedicated in-house scientific intelligence teams. PharmaSentinel delivers curated regulatory & scientific intelligence for a fraction of the cost of existing methods.
Almirall, a global bio-pharmaceutical company with net sales of c.€800m said "The daily use of the PharmaSentinel app keeps us updated in a timely manner with news from trusted sources. We can now devote more time to business priorities"
Studies show that well-matched teams excel and last longer, but old hiring methods often miss the mark on team compatibility. Enter TeamPlayer360: an online platform designed by psychologists to gauge how well new hires will mesh with your team, using a science-based questionnaire focused on social skills, problem-solving, and conflict management. Team Player addresses the problem: 20% to 30% GDP productivity losses per year are due to poor compatibility, unhappy and poorly engaged employees. Staff Turnover: 25% of Fortune 500 managers change jobs each year. 35% of people have left a job within the first 12 months. 19% of people have never been in a job for longer than 12 months. The cost of losing an employee in the first year is estimated to be at least 50% of their starting salary.
TeamPlayer360; an AI - SaaS, that compares candidates and employers to identify which combinations of individuals and groups share the 'best fit'. TeamPlayer360 quickly assesses how individuals will interact with each other and tells its users whether individuals will work together effectively by assessing their cultural compatibility so they can create high performing teams. Better compatibility leads to greater improved performance, job satisfaction, higher levels of engagement, increased staff retention and consequently contributes to a stronger organization which supports diversity and inclusion.
Audio3
At Audio3 Ltd. our mission is to improve sound enjoyment in our lives. We do this by first seeking to understand how we hear and then by producing the highest quality and most accurate sound reproduction, hearing health and acoustic measurement instruments. We specialize in combining acoustics, electrical engineering and psycho-acoustics with academic-style research method - we respect data as primary and emphasize creativity. We transform data into information, information into knowledge, and knowledge into products. Our unique knowledge and approach enables us to unwind challenging engineering and research problems that others can't.
How do you test the hearing of a child who won't wear anything on their head and only likes Peppa Pig? And they won't even respond to their own name? This is a $40m pa global opportunity. Audio3 is pioneering using music and AI to make Audiology work for these challenging children who are currently extremely hard to test! While there is competition, Audio3 are building an advanced, patent pending, Class 1 AE Audiometer, with integrated VRA displays and integrated speakers, with a key differentiation to existing competitors-Audio3's audiometry is based on music!
Working with a £400k Innovate UK grant, Audio3 already have prototypes installed and in use at 2 hearing clinics, with positive feedback. We have an outstanding team with Paediatric Audiologists at leading hospitals and medical electronic design engineers. Brad brings a successful track record of launching Audio products to assess and protect peoples hearing Inc. Warbler-a handheld audiometer and soundBadge-a wearable personal noise dosimeter.
Bradford Backus was voted best business pitch by the attendees at the meeting
