| Sector |
EdTech
|
|---|---|
| Region |
London
|
| Stage |
Growth
|
| Fund | Life Sciences EIS |
| Target Raise |
£150k
|
Developing a solution that addresses the training, rehabilitation and access requirements of people with special education needs through creative and connective technology.
The Investment Opportunity
Filisia has developed an award winning and evidence-based technology solution that aims to change the way early-years learners and young people with SEN (Special Educational Needs) train their physical, cognitive and communication skills. The Company’s first product was launched under the brand name ‘Cosmo’ which has several key features that have been designed with therapists. The product primarily enables the recording and display of data in order to show progress in the learner. The system consists of a unique, tactile controller in the form of smart dynamic buttons which light up and change colour. These buttons wirelessly link up to Cosmo activities on an iPad via Bluetooth and has a long-lasting rechargeable battery.
Cosmo is now trusted by nurseries, SEN schools, and therapy centres both in the UK and across Europe. Currently there are a number of activities (designed by teachers, and occupational, physical and speech and language therapists) available on the system. These activities aim to enable training on key skills that will support young people with SEN to lead more fulfilling lives. These include but are not limited to; turn-taking, sequencing, joint attention, storytelling, coordination, cause and effect and vocalisation.
Milestones to Date
| 2016 | Deepbridge initially invested £140k via Deepbridge Life Sciences SEIS. |
|---|---|
| 2017 | Product received CE marking. |
| 2018 | The App is released in UK, France, Germany, The Netherlands, Denmark and Norway. |
| 2019 | Sales activity commenced, with initial first batch completely sold out. |
Risks and Important Information
This page is a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000. The content of the page has been approved by Deepbridge Capital LLP. The Company may not gain the commercial traction that is forecast, it could experience development problems and may not be able to achieve its objectives. Please note that these risks are by no means exhaustive and there may be other risks which could have a material adverse impact on the Company’s financial performance. The content should not be construed as financial advice. Any decision to invest should be made only on the basis of the relevant documentation for each investment. Past performance is not necessarily a guide to future performance. The value of an investment may go down as well as up and investors could lose the total value of their investment. Investments in small unquoted companies carry a high- level of risk. These investments are highly illiquid and as such, there may not be a readily available market to sell such an investment. Tax treatment depends on the individual circumstances of each investor and may be subject to change in future. The availability of tax reliefs depends on the Company invested in maintaining its qualifying status. Deepbridge does not provide specific individual advice on the suitability of investments with regard to a potential investor’s individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them.