News & insights

News on business and innovation, with investment opportunities from selected ventures.

News

Vinnova awards AxeliQ funding for early commercialization

Improving commercial support for research-based ideas.

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News

AxeliQ secures framework agreement to support scale-ups

Investment readiness and international growth.

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Article

From research to commercial opportunity

VFT and the early work of bringing research and intellectual property to market.

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Article

When the customer becomes a partner

An industrial buyer may have more to offer than its first order.

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Investment opportunity

OmegaNova

Geopolitical intelligence for decisions about markets, supply chains and investment.

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What’s your next big idea?

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Article

Analysis by AxeliQ

When the customer becomes a partner

Early customer conversations can change who you build the business with.

Look at what the customer already has

A prospective customer can bring things a young company would otherwise spend years developing: technical knowledge, distribution and an established position in the market. Those assets deserve attention while the business model is still open.

Consider a hypothetical research team with a sensor for monitoring industrial equipment. The team approaches a manufacturer as a potential buyer. The manufacturer already services the machines, knows their failure patterns and has engineers working at customer sites.

Its interest may be in a better maintenance service rather than a sensor it can resell. That opens a discussion about developing the service together.

Develop the proposition together

The manufacturer’s knowledge could change which faults the sensor needs to detect, how it is installed and how the results reach a service team. The researchers learn what the technology would have to do in use. The manufacturer can influence a product it could offer to its customers.

That involvement also changes the investment required. Existing service teams and customer relationships may reduce the operation the new venture needs to build. In return, the partner will expect a commercial benefit and a say in the arrangement.

The venture would then earn and operate differently from a standalone product company. The team needs to understand the costs it would take on, its relationship with the end customer and the responsibilities it would share with the manufacturer.

Agree what the relationship allows

Before the collaboration sets the company’s direction, a few decisions need to be explicit.

  • Customer relationships

    Who sells, delivers and supports the offering, and who manages the commercial relationship?

  • Technology and market access

    How can each party use the technology and knowledge, including in other applications or markets?

  • Economics and commitment

    How are development costs and revenue shared, and what is each side prepared to commit?

A successful pilot does not settle these terms. The venture’s freedom to pursue other markets can depend on what is agreed with its first partner.

Keep the wider business in view

A manufacturer interested in one application may have little reason to invest in another. A founder planning to serve both markets needs to account for that difference before committing to the partnership.

The team may choose to supply the manufacturer, license the technology or develop a joint venture. It may also decide to keep building independently. Customer interest alone does not settle that choice.

Exploring the relationship early helps the team understand what another business could contribute before committing to the full cost of building alone.

News

News

AxeliQ secures framework agreement to support scale-ups

Investment readiness and international growth.

AxeliQ has secured a public-sector framework agreement to support scale-ups with investment readiness and international growth.

Entering a new market changes the funding conversation. A company may need to recruit locally, establish distribution or adapt its offer before the first sale. Investors need to understand those commitments, the time it takes to earn from them and why the company has chosen that market.

What the next phase requires

A business with repeat customers at home has evidence that its offer works. Moving into another country introduces new questions about pricing, purchasing habits and how customers will be served. The cost of expansion depends on how much of the existing operation can be used and what has to be established locally.

The commercial model matters too. A company selling equipment receives revenue differently from one charging for an ongoing service. If it owns and maintains the equipment itself, more capital may be needed before customer payments cover the investment. The funding plan has to reflect how the business will operate.

These choices are still open during preparation for a round. A distributor with an established customer base could reduce the need for a local sales team. A development partner could contribute capabilities the company had planned to build. Exploring those possibilities can change both the amount of capital required and what it will achieve.

Investors with relevant experience

An investor who understands the sector can assess the time needed to win customers and the demands of serving them. That experience can be useful after the round, when the company is choosing partners or deciding how quickly to expand.

International investors may also bring relationships in the markets a company wants to enter. Access to prospective customers or commercial partners can influence which investors a company approaches. The company also needs to understand the investor’s expectations for growth, ownership and future funding.

The founders’ ambition matters in that choice. The right investor for a business building its own international operation may differ from one suited to growth through licensing or commercial partnerships.

Preparing for the conversation

The pitch deck and financial model need to explain the same business. Customer evidence should support the sales assumptions; the operating plan should account for what delivery will cost. Investors also need to see which assumptions have been tested and which depend on the next phase of development.

Preparing that case gives the leadership team an opportunity to reconsider its plans before committing to them. Customer research or discussions with a prospective partner may suggest a different first market, a change in the offer or a more suitable pace of expansion.

Under the framework, AxeliQ can support scale-ups with this commercial preparation and with identifying and approaching relevant international investors.

Article

Article

From research to commercial opportunity

VFT and the early work of bringing research and intellectual property to market.

Commercial work often starts before there is a business to fund it. A research team may need to understand potential customers and test the commercial case while its technology is still developing. The findings can influence what the team chooses to build.

Discussions with customers may point to an application the researchers had not considered. An established company may be able to bring the technology to market through licensing, using customer relationships or production capacity that a new venture would otherwise have to build.

Where VFT fits

In Sweden, VFT (Verifiering för Tillväxt) supports this early stage. Through the program, Vinnova funds university innovation offices to help knowledge-intensive ideas progress toward commercialization. Activities include testing market potential and developing commercial strategies for intellectual assets.

Verification can help a team assess whether to develop independently, license its technology or pursue a commercial partnership. It gives founders and researchers evidence for decisions that would otherwise absorb time and capital before the commercial potential is understood.

AxeliQ works with researchers and innovation organizations on these early commercial decisions. We research potential applications and customer needs, then work through what the findings mean for the proposition and business model.

News

News

Vinnova awards AxeliQ funding for early commercialization

Improving commercial support for research-based ideas.

Vinnova, Sweden’s Innovation Agency, has awarded AxeliQ funding for a feasibility study on early commercialization. The project will explore how innovation organizations assess commercial potential and determine what support research-based ideas need next.

Universities and innovation organizations make these decisions across many different technologies, often before a company has been formed. The support available at that point can shape which ideas are pursued and how they develop.

How early ideas are supported

Our research will draw on AxeliQ’s experience of working with early ventures and the organizations supporting them. It will examine how commercial maturity is assessed and how that assessment informs further validation, development and investment.

The aim is to help organizations make better use of their commercial expertise and funding, giving promising ideas support suited to their stage of development.

The project will extend AxeliQ’s commercial work from individual ventures to the environment in which new businesses are developed.

Investment opportunity

Pre-SeedStockholm

OmegaNova

Geopolitical intelligence for business decisions.

See the business implications.

A political event can change the outlook for a market, a supplier or an investment. OmegaNova develops intelligence to help organizations assess their exposure and plan a response.

Scenario analysis

OmegaNova develops scenarios for how world events could affect an organization’s operations. It presents possible outcomes with their assumptions and indicators, updating assessments as new evidence arrives.

Its applications include security, finance, supply-chain decisions and public-sector planning.

Investment opportunity

AxeliQ is supporting OmegaNova’s pre-seed round. If you’re considering an investment, contact us for the current investor presentation and further information about the round.

Visit OmegaNova

Contact

What’s your next big idea?

Tell us what you want to build, grow or explore.

  • Zana AliFounder & CEO
  • Kim AhlbomPartner & CCO