Terabee wins Web Summit Angels’ Choice Award

From the 2,141 start-ups exhibiting at Web Summit this year, Terabee is thrilled to have been chosen for the Web Summit Angels’ Choice Award! – It’s another clear demonstration of the wider business world seeing the advantages and value of Terabee’s unique sensors and products.

Over 1,000 investors were at Web Summit in Dublin November 3rd to 5th looking to find their next – and greatest yet – investment opportunities. The Angels’ Choice Award is made by a panel of high-profile investors and is given to the organisations they are most excited about. Each investor rates the start-ups based on their product, business model, their team and their potential to disrupt the market.

Dr Max Ruffo, Terabee CEO says “We are so pleased to have been recognised at such a significant event. Of course, we know we have created something special, but toWeb Summit Logo have this validated by a panel of industry experts at one of the world’s largest technology conferences is a great boon. I am immensely excited by the development of Terabee and the many opportunities before us.”

Read the official article release:  https://blog.websummit.net/angels-choice-award-tuesdays-picks/


Terabee selected for Web Summit start-up track

Terabee is pleased to have been selected for the Web Summit Alpha Program. Web Summit takes place in Dublin, Ireland from November 3rd to 5th and is described by Forbes Magazine as “the best technology conference on the planet”. The Alpha Program includes the most promising technology start-ups as chosen by Web Summit and provides an opportunity to showcase advanced new technologies to the 30,000 attendees and to attract investment.Web Summit Logo

CERN spin-off, Terabee, will showcase a new breed of navigation sensors for advanced robotics, drone operations and industrial automation. Max Ruffo, Terabee’s CEO explains “Our primary aims are to showcase our unique and advanced technology and to engage the right investors and partners. We have come a long way already, but are ready to make the step-change in our business and the number of customers we reach.”

With the boom in robotics, drones and automation, The Internet of Things and Industry 4.0, Terabee’s unique Time-of-Flight technology enables sensors to be used in situations and applications not previously possible. They are incredibly fast, taking readings of up to 1000 times a second, small, highly power efficient and light, weighing just 8 grams. According to Max Ruffo, “This is disruptive technology! Our sensors are as small and light as ultrasound sensors, but with the performance more typical of large, heavy, laser-based systems. We have the potential to impact the ultrasound market whilst also stealing significant share from the laser market”.

Founded in 2012, Terabee has since become the first official spin-off of CERN (The European Centre for Nuclear Research) in France. This partnership, awarded on merit, enables Terabee to benefit from technical, administrative and financial assistance and is another clear demonstration of Terabee’s referrals and market potential.

“We are excited to be at Web Summit and to meet with potential customers, partners and investors. After three years of R&D we are confident the market will welcome the substantial advantages that our technology brings” concludes Dr. Ruffo. “We call our sensors ‘TeraRanger’ and we are excited to see them marching across the world at an alarming pace!”

If you are in Dublin for Web Summit please come and say hello. You can contact us to make an appointment, or find us on stand “Machine” in the M124 Area on Day 1 of the event, Tuesday, November 3rd.

For more information please email [email protected].

First CERN spin-off in France

There is only one person or organisation that can be “the first” to reach a goal or achievement. And again it’s us!  We are proud to have been chosen as the very first French CERN Spin-off by CERNIncubation Partner, InnoGex.

Max Ruffo, Terabee CEO explains, “We have been working closely with CERN (The European Centre for Nuclear Research) for the past three years. In fact one of our founders and some of our staff came to us from CERN, so to have achieved this formal recognition and to receive their help is a tremendous boost to us.”

As a result of the partnership Terabee will benefit from technical, administrative and financial assistance as it takes its new breed of distance measurement sensors to market and develops the products of tomorrow.

Max continues, “Our history with CERN began when we embarked on a project to use drones for automated inspection in complex indoor environments. The end-goal has always been to allow drones to fly autonomously within the tunnel of the Large Hadron Collider for automated inspection, analysis and mapping. Being able to do so will save CERN huge sums of money as well as countless man-hours, whilst also improving personnel safety by reducing exposure to ionizing radiation. However, it soon became clear that the sensors required for this lagged far behind what was needed, and through our partnership with CERN, we realised we could improve on the existing sensors and make something truly fit for purpose”.


The tunnel of CERN’s Large Hadron Collider

After an intense R&D phase the first TeraRanger sensors were born in 2014. Using infrared and Time of Flight principles the TeraRanger sensors can be very light (weighing just 8 grams), very fast (up to 1000 readings per second) and very small. In other words, perfect for use on drones and other fast moving robotics.

“As a CERN spin-off we are excited by the possibilities now open to us as we attract industrial partners, find new customers and develop innovative solutions for large-scale applications” concluded Max Ruffo.