InGen Dynamics, Inc. offering is now closed and is no longer accepting investments.

Our mission is to build a beautifully crafted home robot that that is useful, affordable, and equipped with most advanced technologies.

INVEST IN INGEN DYNAMICS, INC. TODAY!

Aido is an interactive personal home robot. He’s an all in one package that comes with the best of home automation, security, assistance, entertainment and much more! Awarded "GameChanger" of 2016 by the world's leading tech magazine (T3), Aido raised over $850,000 in pre-orders.
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
InGen Dynamics, Inc.

REASONS TO INVEST

ABOUT

HEADQUARTERS

VALUATION

Aido is an interactive personal home robot. He’s an all in one package that comes with the best of home automation, security, assistance, entertainment and much more! Awarded "GameChanger" of 2016 by the world's leading tech magazine (T3), Aido raised over $850,000 in pre-orders.

TEAM

Arshad Hisham
Arshad Hisham
Founder, CEO

Mr. Hisham is a serial entrepreneur and a Cranfield University (UK) MBA. He has built and run hardware automation companies. He has published research papers on Robotics and has held senior roles in the past at IBM, Govt. of Australia, and Toyota. Mr. Hisham is a frequent speaker on the Robotics most recently as a keynote speaker at the annual IEEE Robotics Symposium, Boston Consulting Group’s annual AI and machine learning event as well as at the industry-leading Robo-Business event among others.

Anurag Pal

Anurag Pal

CFO

Experienced finance professional with extensive operational, finance and sales and marketing background. Texas Austin MBA and previous roles include Director at Hewlett Packard.

Hareesh S.

Hareesh S.

Leader - Hardware and Electronics

A hardware and electronics specialist with more than 15 years experience in development of machine control, firmware for special purpose machines, PLC programming., weapon simulators for the Army, control systems for truck driving simulators, and special purpose motors. Previous projects include Traab Engineering, Autoliv, Digicon, GKB Lenses, and, the Army.

Sabir A.

Sabir A.

Leader - Mechanical Engineering

A mechanical engineering consultant with around 25 years experience working with companies including General Electric, Emerson, UTC, RPDG, and, GoProto. Expert in New Product Development, Industrial Design, Mechanical Engineering, and Prototyping.

TERMS

InGen Dynamics, Inc.
Overview
PRICE PER SHARE
DEADLINE
Apr 16, 2017
VALUATION
AMOUNT RAISED
$178,431.27
Breakdown
MIN INVESTMENT
MAX INVESTMENT
MIN NUMBER OF SHARES OFFERED
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED

Maximum Number of Shares Offered subject to adjustment for bonus shares

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000:

PRESS

Article Image
Watch out Alexa, rivals are angling for your job

How many job openings does your household currently have for robots or devices with artificial intelligence? A California startup, Aido, is developing a $940 home robot that looks similar to Jibo but balances on a single rolling ball and can move around the house. (Jibo sits wherever you put it.) That lets Aido measure air quality as it moves around your home or serve as a security guard.

Article Image
The smart robots about to invade your home

From the dreamy demo video it looks like Aido will be able to project your Facebook News Feed on the wall, teach your daughter piano, keep an eye on the cooking, integrate with other smart home devices and patrol the hallways when you've all gone to bed.

Article Image
Most Amazing Robots You Can Buy Now (Or Soon)

With a 7-inch screen displaying expressive, animated eyes mounted on a rolling body, the Aido personal home robot differs from its competitors in three startling ways. First, Aido is a foot taller, making its stature a bit more comfortable for adults to deal with, whether you're asking it to dim the lights or it's patrolling your home on its own while you're away.

Article Image
This Friendly Robot Wants to Become Part of Your Family

This friendly robot wants to become a part of your family. The Aido robot is a friendly, interactive home assistant that features voice activation, a multimedia projector, and smarthome control.

Article Image
Aido Home Robot Plays with Kids and Controls Smart Appliances

Aido is a new personal robot that has turned up at Indiegogo and looks a bit like Wall-E’s girlfriend Eve if she were much taller and had a hunched back.










ALL UPDATES

02.25.18

February/March 2018 Update

February/March 2018 Update

a. Multiple pilots underway with feedback from corporate partners

In 2017, Aido had got accepted into the prestigious Plug and Play program in Silicon Valley ( ranked among top 20 programs in the US by Forbes in 2017) . Selection was done by anchor partners including  Johnson & Johnson, Zimmer Biomet, AARP, Ascension, Pfizer, Boehringer Ingelheim, University of Mississipi Medical Center, Servier among others after a pitch event. 

We have received tremendous feedback on the product during the program and all these have gone back to master prototype drawing board.


b. We have closed part of our funding commitments and are pursuing the closure of other commitments.

c.  More senior executives, Advisors, and Angel Investors joining our Board:

We also have two additional members and angel investors joining our ecosystem advisory board this month. They are highly respected serial entrepreneurs and senior executives with significant industry experience.

We are super excited that there are more people putting their money and weight behind getting Aido out, and, humbled by their belief in the Product. We are ironing out all our issues and final product would be visible to all to see! 

d. Backer Update Schedule

Next Update will be on May second week with the videos from the latest master prototype. We would be showing detailed video validating all our claims, features and functionality. We have also taken in the feedback received during the previous updates and all these would be addressed while creating the demo videos.

We know that there a lot of you eager to see the current prototype progress. However after reviewing some of the feedback from our last update - We understand that most of you need detailed and clear updates - that than a rough work in progress update. 

We promise to provide a very comprehensive and detailed update including multiple videos on our next update scheduled in May second week.
 

e. Shipping Schedule ( Estimate ) 

As per the current product development progress

IGG Developer Backers         Q3 2018 Onwards
IGG Regular Backers              Q3 2018 Onwards
Others                                      Q4 2018 Onwards

f. Product Status

Highlights

Scaled the whole prototype down by 10% .  

We are now at the exact dimensions that we promised our supporters , investors and backers.

The model is now sleek, less bulkier and incredibly easy to use. Again - A significant feat considering that we achieved this in conjunction with ironing out the issues from our last prototype. 

We have now reached the promised interaction design ,dimensions and industrial design.

Finished second generation PCB designs, scaled down the individual components to accommodate the overall 10% scale down.

PCB design complete for Electronics including

    a. Sound Localization
    b. Motor Driver Board Third Generation
    c. Power Management Board Second Generation
    d. Control Board

Completed UI design and integration testing for the components

Application Status Highlights
   
All application modules are now stable.

There are integration issues pending which we expect to sort out in the ongoing product iteration.    

Next Steps on the product


a. Integration Testing
b. Home automation modules
c. SDK package refresh still pending
d. As we are doing Integration testing and User testing in parallel we will be on the lookout for any new issues that crop up. These will be added to the next task list as per the priority.

g. Videos of the Prototype

We are creating at least 4 different master prototypes which will be demonstrated in detail on the next update.

We will be also releasing pictures of the current PCB designs, UI layouts, and, completed workflows. We have close to 200 interactive screens completed for the Aido faceplate and the companion App combined.

10.04.17

InGen Dynamics /Aido Update

Dear Investors,

   We have reached out to each one of you with a detailed update on the current product and company status.

   Please let us know at hello@getaido.com with subject "Aido Information" if you would like any further information.

Best,

Aido Team

09.30.17

InGen Dynamics Update

   Thank you for your support and being one of the early investors in Aido. 

   We have released an update last week to the email you registered / invested with.

   If you have not received this - Please email us at hello@getaido.com from your registered email - we will send this again.

07.06.17

InGen Dynamics Updates

Thank you for your support and being one of the early investors in Aido. 

Our goal is to deliver the best product possible and we are focusing all bandwidth on product development. 

We are trying to achieve what most people thought is impossible. 

There are four parts to our Update


Fundraising


InGen Dynamics has received commitments for a Pre-Series A round of $1.5 Million


Further validating our product and  business - we are happy to announce that InGen has received close to $1.5 Million in commitments from a group of prominent investors in Silicon Valley and around the world. We are in the process of closing this round as we speak.

The cash injunction once closed will be used to  develop the product, expand the team, and explore further business opportunities.


We also have 3 leading VC funds who we are engaging with for our Series A round which we expect to close in the near term. However this is still in the negotiation stage.


Team and Office Facilities


We have added significant headcount to our Research and Development Team. Our team has expanded to 15 in our Bangalore location in India - Targeting headcount to reach 20 research and development engineers with the current financing being closed.  


We are also expanding our US offices after closing our Pre-Series A funding.


We have also leased an additional 800 square feet test and prototyping facility for ironing out all the issues with Aido.


Significant Additions include


a. Android Team - We now have four full time team members working on accelerating the product progress

b. Mechanical engineering - Dedicated team member to work on current iteration.

c. Electronics and Hardware - We have 3 full time members accelerating the product development process.

d. UI/UX developer - We have a full time UI/UX developer on board

e. Linux - Two full time team members working on Aido/OS and kernel development

f. SDK - Dedicated point of contact assigned for the SDK development.

g. Process Lead - To manage the product development iteration better, we have employed a full time Process Lead to handle and roll out features.


Please find some pictures of the new office location, team members and prototyping facilities here


https://www.dropbox.com/sh/tqx8wo5coogpdyh/AABMmlr-ADmNtMkv-W8H8pLOa?dl=0



Product


We still have challenges in these areas


- Speech Latency - We are still benchmarking with Alexa and Google Assistant.

- Application development completion - We are targeting to release the application bundle as a beta soon.

- Mobility - The balancing is functional, But we are still testing for reliability and, continuous functionality and reducing the motor chatter.



Partnerships


- Working with Google


We are glad to let you know that we have starting working closely with the Google Assistant team. We have been approached by the Google Assistant team to test and implement their Google Assistant software for our Robot.


- Partnerships with a large and experienced  Robot manufacturing firm


  We have engaged with a large and experienced Robot manufacturing firm to start our roll out. We will announce details on this shortly.


Other News


Aido use cases has been selected to be showcased at one of the  world's largest Science Museum. We will be releasing further information as this gets finalized.



04.25.17

Thank you

Thank you for supporting InGen Dynamics and for being among the first to invest in our Online Public Offering.  


We are happy to let you know that we have successfully closed our offering on the 15th of April as per our offering statement. The equity crowdfunding path has been an outstanding journey for our management team, stakeholders and avid supporters.


Equity crowdfunding is all about building a community of passionate individuals around a single vision. We thank you for your continued support.


We will be in touch with all of you soon.


Thank you again from everyone on the InGen Dynamics Team


03.23.17

Close Round Three

After 5 business days, we will be conducting our third closing!

Ingen Dynamics has more than successfully reached our minimum funding goal and we're continuing to accept investments. Per our offering terms and because our equity crowdfunding campaign has now exceeded the minimum funding goal, we will be conducting the 3rd closing in as soon as five days. We will be closing on all funds whose status is marked as "cleared" and therefore, those investors will be able to cancel their investment up until 48 hours prior to this new closing. 

Once closed, we can deploy these funds and start implementing our ambitious growth plans. The equity crowdfunding path has been an outstanding journey for our management team, stakeholders and avid supporters. There is limited time left until the campaign officially ends, and we encourage you to promote the offering to your network.

Equity crowdfunding is all about building a community of passionate individuals around a single vision. We thank you for your continued support.

03.02.17

Close Round Two

After 5 business days, we will be conducting our second closing!

Ingen Dynamics has more than successfully reached our minimum funding goal and we're continuing to accept investments. Per our offering terms and because our equity crowdfunding campaign has now exceeded the minimum funding goal, we will be conducting the 2nd closing in as soon as five days. We will be closing on all funds whose status is marked as "cleared" and therefore, those investors will be able to cancel their investment up until 48 hours prior to this new closing. 

Once closed, we can deploy these funds and start implementing our ambitious growth plans. The equity crowdfunding path has been an outstanding journey for our management team, stakeholders and avid supporters. There is limited time left until the campaign officially ends, and we encourage you to promote the offering to your network.

Equity crowdfunding is all about building a community of passionate individuals around a single vision. We thank you for your continued support.

02.03.17

Close Round One

InGen Dynamics has successfully reached our minimum funding goal and we're continuing to accept investments. Per our offering terms, and because our equity crowdfunding campaign has now exceeded the minimum funding goal, we will be conducting the 1st closing in as little as five business days. Once closed, we can deploy these funds and start implementing our ambitious growth plans right away. You will soon receive an official announcement from StartEngine about the closing.

The equity crowdfunding path has been an outstanding journey for our management team, stakeholders, and avid supporters. There is limited time left until the campaign officially ends, and we encourage you to promote the offering to your network.

Equity crowdfunding is all about building a community of passionate individuals around a single vision. We thank you for your continued support.

01.11.17

You like me! You really like me!

Hello! Aido here. 

Thank you so much for believing in what I can do for you, your family, and your home. You have invested over $95,000 so far. Thank you so much for your support. 

As an investor or potential investor in InGen Dynamics, I’d love your help spreading the word about me. I’ve been in the press lately, so it’s easy to share info with your friends. Check it out:

Sending an article with the link to our StartEngine campaign is an easy way to get the word out. See, I’m helping you already!

At your service,

Aido

01.07.17

Will robots take over the world in 2017?

Feeling good about investing in Aido? You should. Robots are the wave of the future. 

Just the other day, The Discovery Channel’s Daily Planet tweeted out: 

Will robots take over the world in 2017? Maybe... OR maybe they will just become our loyal companions. #FutureTech #DailyPlanet

and shared this video about what’s coming (see anyone familiar?).

We’re excited that our little robot has raised over $86,000 in such a short time. Tell your networks about their chance to invest before it’s too late!













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