Who are you wearing? Warming up with FuelWear's intelligent heated base layer
It began with the polar vortex of 2014. That鈥檚 when University of Toronto engineering alumni Jason Yakimovich and Alex Huang, fed up with low temperatures, developed the first intelligent heated base layer.
The 鈥蝉尘补谤迟鈥 shirt monitors body temperature to provide just the right amount of warmth for its wearer to enjoy outdoor sports 鈥 or simply walk from the front door to the subway entrance in comfort.
鈥That cold winter was the instigator,鈥&苍产蝉辫;Yakimovich . 鈥We had the idea, and things got pretty serious pretty quickly.鈥&苍产蝉辫;
The team launched a crowd-sourcing campaign on IndieGoGo and raised more than $84,000. They exceeded their target funding by 400 per cent.
Since then, FuelWear joined a 茄子直播 incubator for early-stage ideas called the . They , the Lacavara Prize, which earned the team $20,000 to further develop their company.
FuelWear has attracted media attention from , , and elsewhere.
And consumers are intensely interested, too.
鈥淎s we underestimated the demand for our product, we hit the production cap of our manufacturer in Canada within the first two weeks,鈥 co-founder Clement Zhou told the Financial Post.
鈥淎lex and Jason researched the market and refined the product until they had something that really resonated with people 鈥 truly smart clothing that adapted its heating to your activity level and temperature, yet remained comfortable and washable,鈥 said Vaughn Betz, an associate professor in the department of electrical and computer engineering.
鈥淭he combination of engineering excellence, business acumen and sheer tenacity that they bring to a project has been the secret of their success, and a pleasure to witness.鈥
The Entrepreneurship Hatchery's executive director, Joseph Orozco, says he hopes FuelWear's success will motivate other young entrepreneurs.
鈥淭he Hatchery offers students a formative opportunity to develop an entrepreneurial skill set while defining their own startup business model. This is a skill set they can use for the rest of their life and, I hope, will help serve as building blocks of a better society,鈥&苍产蝉辫;he said.
鈥淚 would encourage students inspired by the FuelWear story to get in touch so they too can take advantage of the mentorship and resources offered through the Hatchery co-curricular program.鈥
Now that they're a year into building their startup, members of the FuelWear team say they鈥檝e learned a lot and are using that knowledge to grow. Below, co-founder Yakimovich shares the latest news.
What鈥檚 new with FuelWear since you won the Lacavera Prize?
We are working on producing the best possible quality Flame Baselayer. It hasn鈥檛 been easy; dealing with suppliers requires a very close watch, but we are well underway. We are also investigating potential product improvements and new products such as heated pants or heated leggings. We are looking to join 茄子直播鈥檚 Creative Destruction Lab accelerator, a Silicon Valley-based accelerator called Y-combinator and we are seeking investors.
What have you learned about running a startup in the past few months?
We鈥檝e learned a great deal about manufacturing. You can鈥檛 expect your suppliers to stick to any schedule you lay out, even if they agree to it. You have to allow for extra time to deal with things that go wrong. For example, our manufacturer of the actual shirt sewed approximately 100 heated patches incorrectly 鈥 they all had to be redone.
How has 茄子直播 helped you along the way?
The 茄子直播 Hatchery and its director, Joseph Orozco, as well as Professor Vaughn Betz, have been very useful.
Joseph has put us in contact with lawyers and accountants to help us with our incorporation, patent and payroll. And they have provided lots of useful advice regarding how to run a business.
Clement is still in school and is only taking a small course load so it is easy for him. Alex is working full time. And I am splitting my time between working for Amazon as a software engineer and working on FuelWear
What鈥檚 next for your company?
Next year is going to be an interesting one for FuelWear. Our aim is to grow by 10 times. As such, we are looking for both investment opportunities and another crowdfunding campaign. We have plans to reduce the size of the battery, relocate the heating zones and streamline production. Additionally, we are planning to build our online shop so that we can directly process sales.