Campus startup SectorQube’s ‘smart’ Microwave app raises $50,000 in 6 days via crowdfunding

By: |
Kochi | Updated: November 17, 2014 6:16:15 PM

A 'smart' microwave oven application built by a campus startup has met its crowd-funding...

Kickstarter is a funding platform for creative projects. (Image: www.kickstarter.com)Kickstarter is a funding platform for creative projects. (Image: www.kickstarter.com)

A ‘smart’ microwave oven application built by a campus startup has met its crowd-funding target of USD 50,000 within just six days of the launch and is now cruising towards its stretch goal of USD 150,000.

SectorQube, founded by a group of engineering students three years ago, began the funding campaign for their flagship product MAID (Make All Incredible Dishes) on Kickstarter on October 29.

Kickstarter is a funding platform for creative projects.

With 16 days left for the campaign to close, they have already raised nearly USD 90,000 from over 250 funders.

The company’s Chief Executive Officer Nibu Alias said they have now set a stretch goal of USD 150,000 for their backers, but hope to raise around USD 200,000 by December 3.

MAID is a smart microwave oven connected to a social, crowd-sourced ‘recipe store’ on the Internet.

The oven can read out the selected recipe and display the step-by-step procedure while intuitively choosing the time and temperature needed for cooking. A MAID mobile app installed on the phone alerts the user when the dish is done.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition
FinancialExpress_1x1_Imp_Desktop