Big winner of the EBN Congress, competing in the Industry Pitch session, we have met with Olivier De Deken, CTO of Twikit.
(Featured Image: Olivier De Deken, CTO of Twikit, during the EBN Congress 2018 at Technoport / Image Credit © Silicon Luxembourg)
Can you describe your experience here at Technoport during the EBN Congress and especially the prize you just received?
I am very happy to represent Twikit here in Luxembourg. I have really enjoyed the atmosphere during this event. The fact that it takes place in this old industrial scenery is really cool. I really like the contrast!
It was, as well, really inspiring to meet so many people from diverse environments, and more importantly to hear rough points of the others! It feels good to see that we are not alone in this struggle—it’s just the life of a startup.
Regarding our winning, we are obviously very happy! And, for us, the money is one thing (a 15,000 Euro prize) but the real value here is the three days workshops. Thanks to Technoport and EBN we will be able to learn how not to repeat mistakes and gain significant knowledge from others. This is priceless for a startup like ours.
“Twikit has created a cloud-based software platform, called Twikbot®, that allows customers to personalize and modify their own products right from their website.”
Tell us a bit more about the story of Twikit.
Twikit is a Belgian-based startup created five years ago. I’ve joined the adventure three years ago, at the time of the first funding of 1,5 million, to take over the R&D department. I am now the CTO of the company.
Twikit has created a cloud-based software platform, called Twikbot®, that allows customers to personalize and modify their own products right from their website. Our user-friendly software plugs right into our clients’ websites and translates each customer’s preferences into digital, production-ready files.
Our current research focuses mainly on finding ways to combine artificial intelligence with 3D design.
Can you give some examples of the work done by Twikit?
We work in various industries such as automotive, lifestyle and construction. The best thing about our technology is that there are no limits to it! It can work in any industries, depending however on specific are the regulations that could apply to the products being personalized.
At Twikit, we’ve developed full solutions that help automobile businesses integrate customizable 3D printed elements into their production flow. For example, our interface is integrated in BMW’s website, allowing the BMW car purchasers to personalize the interior and exterior of the car. In this particular case, specific regulations apply and we had to go through TUV validation in Germany for the personalization of the exterior of the car.
We’ve also worked with Phillips to develop the first 3D printed personalized shavers with Twikit 3D technology. The consumers were able to choose their own shape, accessory, dimension and colors, and finally place a personal message on it!
“We are now undertaking our second funding, in order to raise a total of six million euros.”
What’s next for Twikit?
We are now undertaking our second funding, in order to raise a total of six million euros. We already have a 25% commitment, received from the previous Belgian investors that invested in the first round and still strongly believe in our company. We’re currently discussing with potential investors, and we are confident that we will reach the six million goal in funds by the end of August this year.
Once this funding is completed, we will focus on sales and marketing. We will also use part of that money to develop the commercial office that we recently opened in New York, and we will also open a new office in Munich.”
Stay tuned for Twikit developments in the coming years, the best is yet to come!
— EBN (@EUBIC) 8 juin 2018