Startups

E-Power helps founders building their business
 

HELPING STARTUPS GROW

We don't tell you what to do, we coach you through the parts where we are competitive in


We strongly believe that startups are the driving force behind product innovation. We also understand that startups have so many things to worry about and that attracting the right talent to work with them is very difficult. We seek to become your partner to fulfil the talent void in a few crucial parts of your business. As your partner, we don't tell you how to run your business, we just help lead you through the parts we have competitive advantage in.

We see startups struggle in a few key areas, these areas are where we have competitive advantage



  • Pre-Production
    A product can only be made as well as the design allows it to be made. Everything that we develop can be made in mass production. We streamline the development to production processes
  • Fundraising
    How to make a pitch deck, who wants to invests, how to attract investors and more are constant issues with fundraising. Luckily, we have built partnerships with the top accelerators and investment companies
  • Supply Chain & Production
    As a startup, how do you draw interest of CM's and suppliers that have interest in working with a new company? We have worked with dozens of startups and will open up our network of suppliers to you

THE DIFFICULTY OF TIME

For a hardware startup, launching a new product is time consuming. On average it takes 14.4 weeks to analyze and decide on the contract manufacturer you want to work with.  After you think you choose the right one, there is an average of 15.6 weeks delayed with shipping.  Time spent to find your contract manufacturer and the amount of time wasted on delays adds up to 30 weeks! 


  • AVERAGE TIME TO FIND A CM

    14.4

    Weeks

    Source: Hardware Club

  • AVERAGE DELAY TO SHIP

    15.6

    Weeks

    Source: Hardware Club

Manufacturing Difficulties

% of Respondents Found these Difficult


Source: Hardware Club
 
ENSURING QUALITY AT EVERY STEP IS THE MOST DIFFICULT ASPECT OF THE MANUFACTURING PROCESS
 
Launching a hardware or physical product is not easy, especially if you have never done it before. The core problem is a lack of a streamlined approach from your prototype to DFM and production. 
​
At E-Power, we have built a strong infrastructure so you can leverage our expertise for the betterment of your product. Let us know the problem you are having with your product, I am sure we can help.
 

FUNDRAISING DIFFICULTIES



  • GETTING INITIAL MEETINGS

    53 %

    53% of hardware startups found it either somewhat or very difficult to get initial meetings with investors, whether it was through cold emails, cold calls, warm emails, etc.

    Source: Hardware Club

  • ANSWERING QUESTIONS

    54 %

    54% of hardware startups found it either somewhat or very difficult to answer strange questions from investors that don’t fully understand hardware products.

    Source: Hardware Club

  • # OF MEETINGS

    63 %

    63% of hardware startups found it either somewhat or very difficult to plan for and have so many meetings with investors.

    Source: Hardware Club

  • WHO INVESTS?

    74 %

    74% of hardware startups found it either somewhat or very difficult to get an idea of who invests in hardware and with who could be a good fit.

    Source: Hardware Club

E-POWER'S SOLUTIONS

We streamline your development, fundraising and production processes



  • Receive the drawings and documents
  • Provide engineering & DFM feedback
  • Make prototypes & the golden sample
  • Prepare for investment & help fundraise
  • Launch production & plan scale up
  • Lastly, ship your product to you!


Is hardware really that hard?

 

The phrase hardware is hard is outdated or is reserved for those that don't know how to build hardware companies. Growing any business from scratch, whether it's a software, IT, service-based or any other industry is difficult. Hardware gets particular more difficult for those who do not understand the processes, costs and timeline associated with each step.

E-Power has helped dozens of startups to develop, fundraise, launch & ship their products. We are no strangers to any of the processes and understand what needs to be done to get your product from CAD to production as quickly and economically as possible.

 

Our Results

  • FUND RAISED

    $11,200,000
    Amount of funds raised from institutional investors - Not including crowdfunding campaigns

  • STARTUPS COACHED

    47
    Number of startups that we have coached to bring their product successfully to market and raise investments

  • AVERAGE LATE SHIPMENT

    1.4
    Number of weeks we ship out late on the first order. Our competitors are delayed by an average of 15.6 weeks