The Neo Natal Birth Unit (NnBU), also known as NnBU, is a healthcare device which has the function of providing postnatal treatment for women and children after caesarean-section deliveries and it uses the blockchain technology to do it.
This company was created by Frederic Vo Van (CEO), Johannes Schenck (COO) and Claus Peters (CFO).
What Is The Neo Natal Birth Unit (NnBU)?
The company has been in development since 2012 and it was founded in Germany in 2016. The foundation aspires to create an after birth care for newborn babies which were born from c-sections. The main goal of the company is to reduce the difficulties that these children face when they are delivered from the c-section process and bridge the gap between natural birth and c-sections.
Studies, as the company explains, declare that babies delivered from c-sections are more prone to certain diseases and health conditions than the other kids. The device that the company intends to create will have the objective of mitigating this situation.
Why Does The Neo Natal Birth Unit (NnBU) Need Funding?
The company is needing money at the moment to finalize the design and the certification of the device before it can be manufactured. The preparation of the plant in which the device will be assembled will also be funded with the money. After that, the company intends to hire a team for management and to commercialize the product in the global market, but it also needs money for that.
The company is currently looking for funding for its device and it is considering having an Initial Coin Offering (ICO) soon, but still have not decided how it will deal with the funding of the company. If the ICO really happens, it will be protected by conventional contracts and will try to raise 15 million EUR. Investors will be able to receive 12.5% of the company’s profits.
The NnBU Device
The stress of being born from a non-natural way gives c-section babies a great incidence of chronic medical conditions and this device was created to prevent that. It will be used to make the baby’s immune system stronger and give the baby the benefits of a natural birth by simulating the conditions of a natural birth.
The device will not be sold to individuals but to hospitals and clinics and be used by health professionals. It applies a controlled pressure over the baby in different sections of the torso while holding the baby in a warm and controlled environment. This way, a natural birth is simulated.
The company intends to have its ICO sometime during 2018 or 2019 and to launch its product in the German, Austriac and Swiss market in 2020. A year later, the product will be launched on France and then in Brazil and Argentina in 2021, followed by Mexico, United States and Canada in 2022. Finally, other European countries like the United Kingdom, Portugal, Italy, Spain, Hungary, Slovakia, and the Czech Republic in the rest of the year.
Yearly payouts of dividends will be made for the investors from 2021 onwards.
The Neo Natal Birth Unit (NnBU) Conclusion
It is very interesting that this company already has a very solid business plan even before its ICO started. Because of this, NnBU might turn into an interesting option in the future, as it will have worldwide reach. The only point that is still undecided and that might hurt this company’s chances of having a bright future is actually managing to find enough investors in the ICO.
