This looks really exciting at least for someone like me who loves both games and science - so I am in :). Two questions: 1) what is the expected retail price for the generation one product and the cost of manufacture? 2) what is the expected life time after I take into use? (I...

1) We want the gen one to retail for $99 with a COGS around half or a third of that. 2) the unit itself is long-lasting, the pores are easily switched out and replaceable, and will be cheap consumables.

I'm a biologist but not a nanopore expert. Can you explain in more detail how lots of people using your device will help create new scientific knowledge?

For you as a biologist, it's important to know that nanopores (and micropores) can detect almost anything in solution, and can measure a lot of different parameters—for single proteins, it's possible to derive size, shape, dipole moment, net charge, and rotational diffusion coefficient from the shapes of the signals that these proteins make when they go through a nanopore and modulate ionic current. This is true for pretty much any type or size of molecule in solution. For cellular detection,...

Is the investment just for the console like a Kickstarter or also for equity? Also, will the web access be free with the console or will it require a separate subscription?

We're rewarding early investors with a completely free full-launch console. That will be available next year, we hope that Q3/4 of 2022 it's ready to buy on Amazon or at the demonporium. By getting and using a console, you are enhancing the value of your investment. We want molecular sensing to be in everyone's hands as early as possible. Part of that is the promise that you will first and foremost have fun and learn stuff as a result of a consumer object being a part of your life. It will ta...

Do you have formal scientific description of what you are doing? You might have a paper (or a number of them) in peer-reviewed journals?

We haven't published any of the original mechanical nanopore work that was our focus for a number of years. Launch the alpha console this summer is our main priority, and we'll be publishing results from that.

For us people on WeFunder here you give both equity in Demonpore Inc. and perks for our investments, right? Why do you do this on WeFunder then? If you'd launch on Kickstater you'd only had to give the perks, but would keep clean cap table.

Yes, we want you to have both equity and a demonpore 64™. In the long run, having early customers as investors will be a powerful synergy. As for the cap table complexity, WeFunder solves that with the lead investor strategy—one person chosen to represent everyone else on the cap table.

Molecular Reality (YC alum)

Building "the Xbox of biology"!

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Investor Panel

molecularreality.com

Richmond, CA

Technology Y Combinator Hardware B2C Biotech

Investor Panel

Tony and Daniel interviewed Molecular Reality (YC alum) on April 5, 2021. Play Video

Tony Wilkins

Private investor at Standing Oaks Venture Partners. Started investing in 1991. I invest in coachable people who I admire, respect and trust.

Daniel Edwards

Daniel is a startup CEO, angel investor, advisor and board member spanning from London to Silicon Valley.

Strengths

says, "Big ideas massive ideas are what early stage investing is shooting for. Demonpore provides that opportunity with a grand vision to stop microbial bad actors at the individual level in a real time basis. Exciting stuff!"

says, "The team is strong with the experience needed to execute a big idea like this successfully. It is also a strong plus that they are in an incubator program right now and will be guided by mentors, investors and industry leaders as they build the company at this early stage. Exciting company with a great mission!"

Advice

says, "More stories, please, about what the future might look like with broad acceptance and participation of people playing and working with Demonpore!"

says, "Most of the advice I have the company has already identified and is working on currently, such as, upgrading the website to be more consumer friendly, educating the customers on the product via a video, cost of product / distribution, etc. The positive thing here is the team has been down the road of building a company before, so they know what they need to do."

What Investors Say

Senior Data Scientist at Truebill

LEAD INVESTOR

Invested $1,000 this round + $50,000 previously

Molecular Reality (formerly demonpore) has invented a unique technology that allows them to make cheap, reusable, multi-purpose nanopores. That in itself is a game-changer, but the main reason I like Molecular Reality is Kent. Kent is a relentless force of nature, and I am convinced he will remain an innovation engine for many years. Molecular Reality's mission is also tremendously exciting. Bringing cutting-edge science to the people is a noble and laudable endeavor. I am very much looking forward to seeing what demonpore64 players come up with.

Molecular Reality (YC alum)

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