Summary
Our society and economy are profoundly influenced by chemicals. Chemicals have helped to raise our standard of living, but new challenges steadily emerge and novel chemicals are demanded, representing a key element of the commercial success of tomorrow's industrial products and competitiveness of industry.
Up to now, chemicals have been designed and characterized mainly using experimental techniques. However, with today’s increased competition, the experimental trial-and-error approach has become too slow and inefficient. Chemical companies need solutions that reduce the time and cost required to develop new chemicals.
Bytelab Solutions develops NEXTMOL (www.nextmol.com), a Software-as-a-Service platform for chemistry R&D. It provides molecular modelling and artificial intelligence tools to speed up the development of safe and sustainable chemicals. NEXTMOL shortens the path to chemical innovation accelerating the development by 10x over traditional approaches based exclusively on the laboratory.
Our greatest challenge as a company is to shift from organic growth to scalable growth. Initial sales and grants have allowed us to grow organically, develop our product to an early-adopters beta release, and gain the first customers. However, it is now the time to aim big and build a scalable company able to provide innovative, reliable and secure deep tech solutions to many customers in the chemical industry. This project will prepare us to raise private investment in Q3 2022.
Up to now, chemicals have been designed and characterized mainly using experimental techniques. However, with today’s increased competition, the experimental trial-and-error approach has become too slow and inefficient. Chemical companies need solutions that reduce the time and cost required to develop new chemicals.
Bytelab Solutions develops NEXTMOL (www.nextmol.com), a Software-as-a-Service platform for chemistry R&D. It provides molecular modelling and artificial intelligence tools to speed up the development of safe and sustainable chemicals. NEXTMOL shortens the path to chemical innovation accelerating the development by 10x over traditional approaches based exclusively on the laboratory.
Our greatest challenge as a company is to shift from organic growth to scalable growth. Initial sales and grants have allowed us to grow organically, develop our product to an early-adopters beta release, and gain the first customers. However, it is now the time to aim big and build a scalable company able to provide innovative, reliable and secure deep tech solutions to many customers in the chemical industry. This project will prepare us to raise private investment in Q3 2022.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/101071856 |
| Start date: | 01-06-2022 |
| End date: | 31-01-2023 |
| Total budget - Public funding: | - 75 000,00 Euro |
Cordis data
Original description
Our society and economy are profoundly influenced by chemicals. Chemicals have helped to raise our standard of living, but new challenges steadily emerge and novel chemicals are demanded, representing a key element of the commercial success of tomorrow's industrial products and competitiveness of industry.Up to now, chemicals have been designed and characterized mainly using experimental techniques. However, with today’s increased competition, the experimental trial-and-error approach has become too slow and inefficient. Chemical companies need solutions that reduce the time and cost required to develop new chemicals.
Bytelab Solutions develops NEXTMOL (www.nextmol.com), a Software-as-a-Service platform for chemistry R&D. It provides molecular modelling and artificial intelligence tools to speed up the development of safe and sustainable chemicals. NEXTMOL shortens the path to chemical innovation accelerating the development by 10x over traditional approaches based exclusively on the laboratory.
Our greatest challenge as a company is to shift from organic growth to scalable growth. Initial sales and grants have allowed us to grow organically, develop our product to an early-adopters beta release, and gain the first customers. However, it is now the time to aim big and build a scalable company able to provide innovative, reliable and secure deep tech solutions to many customers in the chemical industry. This project will prepare us to raise private investment in Q3 2022.
Status
CLOSEDCall topic
HORIZON-EIE-2021-SCALEUP-01-03Update Date
09-02-2023
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