About

Who We Are

Active in medtech, cleantech, and defence sectors, Grey Innovation operates a scalable platform to unlock the best Intellectual Property and fast track it to commercial success.

Grey Innovation Group is a leading technology commercialisation company committed to unlocking the most promising research and developing technology to protect people and planet.

Founded in 1998, Grey Innovation Group is recognised internationally for operating a scalable platform to unlock the best IP and trast-tracking it to commercial success. Its model of repeating the startup process across multiple sectors allows for a unique and successful skillset.

Its proven track record and relationships with institutions, industry and governments puts Grey Innovation Group at the forefront of unrealised IP opportunities.

People

Board of Directors

Portfolio Board

All AWEAR Cardia Osmetric Eco Detection GreyScan TALi Track Alert System (TAS)

Value Creation

Building blocks to success

Technology

Design, Test and Validation tools
Mechanical, Software and Electronic design libraries
Proprietary IoT platform
Proprietary small-footprint robust embedded operating system
Data Analysis and Visualisation Tools
Synergistic project and technology pipelines

Process

Quality Systems including ISO13485, ISO 9001
Commercial, Governance and Administration Processes

Network

International Corporate Advisory network
Access to Capital Markets

Experience & Brand

Extensive talent pool – team, Management, & Board
Grant and other funding expertise
20+ years experience

Allows Grey (and its investors) to share in the value it creates.

New Co benefits from skilled partner whose interests are aligned to create value.

Value Proposition

1 Evaluation

We select the best IP that is differentiated worldwide with the best chance of commercial success.

Deep sector knowledge and expertise through our knowledge in the industry over 20 years and our network of experts in portfolio companies and in the broader network.
A rigorous process of selection and comparison of opportunities to gate only the best.

2 Development

We have the tools to fast track converting IP into commercially available products. We build only what we don't already have.

Deep technical expertise including in-application development, wearables, and loT devices.
A proven product platform library delivers many elements of a new product 'out of the box'. including major software, electronic and mechanical components, billing, data security and regulatory compliant validation tools.
Expertise at obtaining certifications, regulatory approvals and operating commercial manufacturing processes.
Project management discipline to track all aspects of the build and testing process and a history of bringing products to market on time while solving the most complex technical challenges.

3 Commercialisation

We have the experience and networks to build valuable companies.

Expertise in developing business models, commercial negotiations and partnerships, building companies and attracting investors. We leverage our network of experienced executives to bring the right skilled personnel at the right time.

Process

Our business & methodology

Vertical integration, from evaluation to commercialisation increases speed of value creation and reduces chance of loss (e.g. time to market and founder and IP risks).
Deep tech and engineering problems require skills that neither start-ups nor large corporates can leverage easily - we have the knowledge, methodology, and tech pool.
Portfolio approach and network allows cross pollination of ideas, capability, and relationships across portfolio.
We believe in participating in the value creation along the journey and maintaining our stake in stand-out successes.

1

Analysis

Strategy
Market Analysis
Positioning
Business Case
Risks
Licensing

2

Plan

Project Planning
Requirements
System
Architecture
Cost Estimates
Feasibility

3

Design

Hardware
Software
Mechanical
Prototype

4

Build & Test

Hardware Build
Software Coding
Validation Test
Compliance Testing
Regulatory Approval
Final Design

5

Commercialise

Commercialisation
Manufacturing
Sales
Partnering
Funding

6

Exit

Trade Sale
IPO

Proof

Vertically integrated commercialisation – a better model

Features	Grey Innovation	Startup/Venture Company	Corporate Innovation	Accelerator
Background IP	World leading	Company only	Occasionally	Limited, narrow
Access to IP	Global Network	Occasionally	Company only	Limited
Technical / Engineering Depth	In house/contracted	Must hire	Divert resources or hire	Limited, must hire, junior
Sector Experience	Domain experts run each spinout	Unlikely	Yes	Sometimes
Business Acumen	Proven senior team	Varies	Unlikely	Unlikely
Commercialisation	Known partners	New relationships	Competes for resources	Limited relationships
Chance of Failure	Lowest	High	Medium	Medium

About Grey Innovation

Who We Are

Active in medtech, cleantech, and defence sectors, Grey Innovation operates a scalable platform to unlock the best Intellectual Property and fast track it to commercial success.

People

Board of Directors

Portfolio Board

Value Creation

Building blocks to success

Value Proposition

1 Evaluation

2 Development

3 Commercialisation

Process

Our business & methodology

Analysis

Plan

Design

Build & Test

Commercialise

Exit

Proof

Vertically integrated commercialisation – a better model

Partners

Research Institute Global & Channel Partners

About Grey Innovation

Who We Are

Active in medtech, cleantech, and defence sectors, Grey Innovation operates a scalable platform to unlock the best Intellectual Property and fast track it to commercial success.

People

Board of Directors

Jefferson Harcourt

Executive Chair

BEng (Hons)

Professor Bruce Thompson

Non-executive Director

BApSci, PhD, CRFS, FThorSoc, FANZSRS, FAPSR.

Portfolio Board

Jefferson Harcourt

Non-Executive Director

Cardia Osmetric

Executive Director/CEO

Eco Detection

Non-Executive Director

AWEAR

Non-Executive Director

Track Alert System (TAS)

Mandie Lammens

Chief Operating Officer

Eco Detection

Antony Wyborn

Director

Eco Detection

Prof David Hamilton

Scientific Advisory Board

Eco Detection

Jonathan Li

Non-Executive Director

GreyScan

Ross Blair-Holt

Non-Executive Director

Eco Detection

Non-Executive Chairman

AWEAR

Non-Executive Director

GreyScan

Mark Simari

Non-Executive Chair

TALi

Mo McGowan

Non Executive Director

GreyScan

David Fotheringham

Non-Executive Director

Cardia Osmetric

Kevin Fell

Non-Executive Director

Cardia Osmetric

Helen Maxwell-Wright

Non-Executive Director

AWEAR

Dr David Brookes

Non-executive Director

TALi

David Williams

Non-executive Director

TALi

Value Creation

Building blocks to success

Value Proposition

1 Evaluation

2 Development

3 Commercialisation

Process

Our business & methodology

Analysis

Plan

Design

Build & Test

Commercialise

Exit

Proof

Vertically integrated commercialisation – a better model

Partners

Research Institute Global & Channel Partners