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Meet The Drapers – Portugal – S6 Ep 4

Originally aired on November 13, 2023

Meet the Drapers Season 6 Episode 4 features pitches from innovative startups at Web Summit in Portugal. Former US Treasurer Rosa Gumataotao Rios joins the Draper family as a guest judge.

Musiversal provides unlimited music collaboration sessions with top musicians through a subscription platform. Kumulus makes drinking water from air using solar power. Yamgo pays users crypto rewards for online actions. Zealpay identifies retail customers at checkout via POS integration. My-Money is a biometric, device-free payment system. Judges select one company to advance.

What unique solution does Zealpay offer retailers?

  • Zealpay’s middleware identifies customers at checkout via POS terminals
  • Integrates loyalty programs to recognize returning vs new shoppers
  • Uses AI to predict customer purchase patterns

What does Musiversal aim to make more accessible?

  • Music production and collaboration
  • Pairs users with professional musicians
  • Platform features artist profiles and samples
  • Monthly subscription for unlimited sessions

How does Kumulus extract drinking water?

  • Solar-powered machine condenses moisture from air
  • Uses cold plates to collect humidity like dew
  • Produces 30 liters of water per day
  • Costs $100/month over 2-3 year payback

What benefits does Yamgo offer consumers?

  • Pays crypto rewards for online actions
  • Clicks, downloads, purchases earn Yamgo tokens
  • Uses blockchain for rewards program
  • Aims to share data revenue with users

What problem does My-Money address?

  • Biometric payment system uses fingerprint
  • Patented technology needs no phone or wallet
  • Fraud protection certified by the FIDO Alliance
  • Partnerships with payment terminal providers

What feedback did judges give entrepreneurs?

  • Concerns about competition, bank cooperation
  • Wanted to meet startup founders directly
  • Questioned market size and business models
  • Complimented diversity and social impact