The great Lamda Development ReTech Innovation Challenge through the eyes of the 10 finalists

With the motto “Let's Innovate”, Lamda Development opens the doors of its shopping malls and brings its store owners and visitors into contact with new technologies developed by Greek startuppers.

The 10 finalists of the ReTech Innovation Challenge are being prepared through an intensive mentorship and coaching programme that is currently underway to present their ideas on 15 to 23 February in special stands at The Mall Athens.

The retail market is changing. Interactive screens with motion detectors, digital messages that accompany visits to physical stores and other solutions supporting an omni-channel model are already part of our lives and the ten finalists cover a broad spectrum of services: from consumer reward and supply chain monitoring applications for stores, to augmented reality solutions (Artificial Intelligence) and smart recycling for the restaurants of large shopping malls.

Three winners will emerge from a live “battle” that is to be held at the Lamda Development event on 21 February at The Mall Athens.

What the finalist companies have to say about Lamda Development’s initiative and about the services they offer:

MyJobNowThe company gives employers the opportunity to find blue collar personnel in the food, tourism and retail sectors. Stefanos Katsimpas, CEO of the company, says: “Through our participation in the ReTech Innovation Challenge, we hope to find opportunities to network with people in the retail sector, as well as with businesses housed in Lamda's large shopping malls”.

Β3D The company creates jewellery using three-dimensional printing technology. Periklis Galanakis, the company's founder and Commercial Director, pointed out that the two global innovations, mojools and MOBIJOO, render a personal object of high value even more personal, while also getting the customer actively involved in the process of personalising its look.

Recycglobe develops and supplies software and hardware waste management and recycling systems to businesses involved in the collection and treatment of recyclable materials. The founder and CEO of the company, Konstantinos Astridis, believes that through ReTech Innovation, an important communication channel is being created with the retail market, which is closely tied to the production and management of waste.

bespot invests in rewarding consumer habits with offers such as gift cards and coupons of popular brands to users, in collaboration with interested stores. “ReTech Innovation Challenge gives us the opportunity to come into contact with businesses housed in Lamda Development's large shopping malls and to present our services to their thousands of visitors”, say Konstantinos Dimitros, Leon Gavalas and Anastasia Griva, the founders of the company.

House IDThis is the first curated platform that brings all products of high aesthetic value and top quality, which are available in the city's physical stores, online: “Consumers can quickly find décor or furniture for their space, while businesses can be promoted easily and at a low cost to a targeted group of consumers”, says Giorgos Fotopoulos, the founder of the platform.  

Orderstate allows for order tracking from the moment an order is placed to its final delivery, as well as for easy cooperation between its members. The CEO of the company, Thomas Anastaselos, notes that through Lamda Development's initiative, his team aims to come closer to potential clients by promoting their product and learning more about their needs.

bubbllz A mobile application that also serves as a marketing platform. It shows users offers, rewards, discounts, store competitions and brands, also adding user interaction through social media. “Through our participation in the ReTech Innovation Challenge, we aspire to gain recognition among the visitors to the malls, to explore our commercial synergies and come into contact with advertising companies that represent malls and tenants”, says Konstantios Batsiolas, CEO and Co-founder of the company.

Οggit This platform gives digital life to physical products by using augmented reality technology and creating a live community of users in the area of proximity marketing in the retail sector.

ExisomThe company manufactures everyday clothes with embedded sensors, which gather biometric data on the person wearing them. “We are trying to implement something extremely difficult for Greek standards and competitions such as Lamda Development's ReTech Innovation Challenge prove to us that we are on the right path”, says thefounder of the Greek startup, Zack Kallidis.

The great ReTech Innovation Challenge introduced by Lamda Development, is being organised with strategic partner Industry Disruptors Game Changers (ID – GC).