eSport innovator looking for investment
Tuesday, January 29, 2008/
E Ball’s proprietary sensor technology takes ball games to a new level, and now it wants a $1 million investment to take the thrills to the world. By MIKE PRESTON.
Entrepreneur: Tony Course
Industry: Electronic games/sports simulation
Company: E Ball Games
To: Fund further development and expansion
Melbourne-based electronic sport simulation business E Ball is seeking investment to expand its product range and take advantage of opportunities overseas.
E Ball’s proprietary sensor technology enables the player to kick, throw or hit a real ball into a net and then watch in real time the digital progress of the ball on a screen displaying the sporting field.
It has already been applied to several sports, including soccer – several hundred soccer simulators incorporating E Ball technology have been distributed around the world – and the AFL, which has previously had an E Ball simulator in its AFL World facility.
E Ball generally works with external developers to deliver the digital display and programming aspects of the simulators, while it co-ordinates production and provides the core sensor technology.
Founded in Melbourne in 2005, E Ball has a small experienced staff. Chief executive and co-owner, Tony Course, has been previously involved with several successful technology start-ups.
E Ball is hoping to build on its existing sub-$1 million revenue stream by adapting its technology for new sports such as cricket and rugby and, more significantly, establishing a foothold in the massive US market for an American football-based simulator.
Course says the company has already developed a relationship with possible partners in the US who are keen to work with E Ball to take an American football simulator into the US.
To get there, E Ball is seeking to raise $1 million in external investment. The money will be used primarily to develop an American football demonstration simulator and cover some of the costs of travel to and marketing in the US.
Some funding will also be used to further the development of E Ball simulators for various other world sports including rugby and cricket.
For more information contact E Ball chief executive Tony Course on 0418 393082.
To view the brief introductory video, see below.
If you are looking for funding, email [email protected] to feature in this section.
For information, contact COMET ( Commercialising Emerging Technologies ) business adviser Bob Beaumont on 0415 597 080.
For information on Federal Government grants and programs, click here .
Disclaimer: The “Money Wanted” service operated by SmartCompany.com.au Pty Ltd (ABN 23121200002) and its subsidiaries only seeks to showcase businesses with investors and does not recommend or guarantee any introductions or investment between participants. All SmartCompany.com.au Pty Ltd publications, including electronic publications, and meetings are subject to Class Order [02/273] issued in accordance with the Corporations Act 2001.
All information contained in SmartCompany.com.au Pty Ltd publications and presented at meetings has been prepared by, or on behalf of, the person or company proposing to issue or sell securities or scheme interests. SmartCompany.com.au Pty Ltd has not undertaken any independent review of this information and makes no recommendation or guarantee in relation to available business opportunities and does not accept any responsibility or liability for the accuracy of information provided.
The information contained in SmartCompany.com.au Pty Ltd publications or presented at meetings regarding the proposed business opportunity and the securities or scheme interests that may be available is not intended to be the only information on which the investment decision is made and is not a substitute for a disclosure document, Product Disclosure Statement or any other notice that may be required under the Corporations Act 2001. Detailed information may be needed to make an investment decision, for example: financial statements, a business plan, information about ownership of intellectual or industrial property, or expert opinions including valuations or auditor’s reports.
A prospective investor should obtain further information about the proposed investment and the securities or scheme interests that may be issued or sold before applying for or buying those financial products. All requests for further information about a proposed investment and the relevant securities or scheme interest may be made to the issuer or seller (as the case may be).
All investment or assistance provided to businesses under the “Money Wanted” service provided freely by SmartCompany.com.au Pty Ltd is speculative and involves risk. Investment in new business carries high risks and is highly speculative. It is each participant’s responsibility to assess for themselves the nature and extent of that risk and all participants are strongly advised to seek appropriate professional advice before investing in any project or entering into any agreement for the issue or sale of any securities or scheme interests. No established market exists for the trading of any securities or scheme interests that may be offered.
Amantha Imber runs a successful business — but she still has impostor syndrome Amantha Imber Inventium founder
Your future customers: How to crack the gen Z code Simon Slade Affilorama co-founder
Four stupid business decisions that burnt through $1 million Ian Whitworth Scene Change co-founder
Why corporate content will send your customers running Luke Buesnel Story League director
How to write the perfect job advertisement Alex Hattingh Employment Hero chief people officer
How to outshine the millions of websites ranking poorly on Google Adam Rowles Inbound Marketing founder