Modti Inc. is a Finnish
technology company
A technology company (or tech company) is an electronics-based technological company, including, for example, business relating to digital electronics, software, and internet-related services, such as e-commerce services.
Details
According to ''Fo ...
headquartered in
Joensuu, Finland
Joensuu (; krl, Jovensuu; ) is a city and municipality in North Karelia, Finland, located on the northern shore of Lake Pyhäselkä (northern part of Lake Saimaa) at the mouth of the Pielinen River (''Pielisjoki''). It was founded in 1848. The ...
, that designs, develops, and sells its shape programmable
hardware technology. As of May 17, 2015, its main product is Segment, an electrically driven, paper-thin, and flexible actuator bending mechanism tailored for use in emerging flexible technologies.
Modti was officially founded by Shane H. Allen and Iouri Kotorov on August 13, 2013, to develop and sell its shape programmable hardware technology. Originally registered as MottiFilm Inc. and was renamed Modti Inc. on August 13, 2014, due to its name giving the incorrect impression of being a movie company.
Partners have included Joensuu Business Incubator,
Karelia University of Applied Sciences
Karelia University of Applied Sciences ( fi, Karelia-ammattikorkeakoulu), until 2013 North Karelia University of Applied Sciences, is an institution of higher education and applied research located in Joensuu, Finland
Finland ( fi, Suomi ; ...
,
Startup Sauna
Aaltoes, also known as Aalto Entrepreneurship Society, is a non-profit organization run by students, based in Helsinki, Finland. Founded in 2009, Aaltoes has helped the rapid emergence of a startup culture in Finland in 2008-2011.
Aaltoes's purp ...
, FAU Technology Business Incubator and Joensuu Entrepreneurship Society.
Investments/funds
* 2013 DRAFT Karelia, Finland
* 2014 Ari Lahti, Finland
* 2014 TEKES Finnish Government Grant, Finland
* 2015 Kima Ventures, France
* 2015 ViaGroup, France
* 2015 HTOL/Rémi Toledano, France
Awards
* 2015 Top 5 Most Innovative Startups in Europe -
Vienna Business Agency
en, Viennese
, iso_code = AT-9
, registration_plate = W
, postal_code_type = Postal code
, postal_code =
, timezone = CET
, utc_offset = +1
, timezone_DST ...
and Pioneers Festival - Vienna Startup Welcome Package
* 1st Place - 2014 PitchMeUp Pitching Competition
- Shane H. Allen
* 2013 StartMeUp Business Idea Competition
- North Karelia Enterprise Agency Special Award (Uusyrityskeskuksen Erikoispalkinto)
* 2013 StartMeUp Business Idea Competition
[ - Best Student Idea Award (Paras Opiskelijaidea)
* 2013 StartMeUp Business Idea Competition][ - Best Technology and Materials, Expert Award (Teknologia ja Materiaalit, Asiantuntijapalveluita)
* 1st Place - 2013 PitchMeUp Pitching Competition - Shane H. Allen
]
References
External links
Official website
Materials science organizations
Consumer electronics brands
Technology companies of Finland
Joensuu
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