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Technical Due Diligence

Leverage our expertise

Are you a start-up, an investor looking to invest in a start-up or an established organisation looking to venture into a new market? Could you benefit from support in reviewing your product development roadmap? Why not leverage our expertise in developing market-ready products by taking advantage of our technical due diligence service?

Different offers under Technical Due Diligence

Design Review

Developing a product involves several stages of prototyping to de-risk the programme. Whether you are still in early proof of feasibility, benchtop testing or already have a more developed prototype design, our engineering experts can review your design and assess its suitability for prototyping.

They will be able to advise on the optimal prototyping methods to use, based on where you are in your development journey and the purpose of the prototype. They will also be able to assess how transferrable the design would be further down the development path for user testing, reliability testing, compliance testing as well as volume manufacture.

Our review package could include:

  • User and product requirements specification review
  • Design files review – Mechanical design | Electronics design | Software architecture design, including code reviews
  • Bill of Materials review and ensuring sufficient component availability (where applicable)
  • Cost reduction assessment
  • Leverage our network to facilitate introductions to prototyping partners
  • Carry out bespoke testing (if required)

Transfer to manufacture assessment

Going through an iterative prototyping process during the development can help de-risk your programme. However, one of the pitfalls that many start-ups fall into is not designing with the end in mind.

At eg technology, our design experts have managed several product developments from concept stages all the way to transfer to manufacture. This experience in designing products intended for high-volume manufacture means our team understand how products need to be designed to ensure reliable and low-cost assembly, whilst also being able to identify common mistakes.

By reviewing the product design to assess its suitability for manufacture, you can reduce the risk of ending up with a design that is either expensive to manufacture or not viable to manufacture using standard processes.

Our review package could include:

  • Manufacturing and assembly strategy review
  • Product design review – we’d also assess its suitability for volume manufacture. This could include developing a programme to make the design suitable for manufacture (if gaps were identified)
  • Product primary packaging solution assessment (if applicable)
  • Bill of Materials review – assessment of component availability including support till end-of-life
  • Cost reduction assessment
  • Product manufacturing pack review
  • Access to our network – we can facilitate introductions to potential manufacturers
  • Support with pre-compliance testing (where required)

Product development plan review

At eg technology, we follow a rigorous product development roadmap with risk management at its core. This enables us to take technology that is at a low readiness level, which has been proven through early feasibility in the lab, through the different development stages and minimise risk during the process.

By addressing high-risk areas early in the programme, we are able to mitigate these before tackling the more trivial aspects of the product development. Having designed products over the past two decades, we are able to assess your plan or put together a product development roadmap tailored to the product in order to ensure its technical success and viability.

Our review package could include:

  • Review of work related to early proof of feasibility (for example, any prototyping and testing carried out)
  • User and product requirements specification review
  • Product development strategy review
  • Product development project plan review – If one does not exist, develop a product development plan along with estimated timelines and budget
  • Key risk identification – we would provide suggestions on how those could be mitigated
  • Development gap review – we would suggest recommendations for how those could be addressed

Pre-compliance gap analysis

Whether you are developing a medical device, a lab instrument or a monitoring solution within HealthTech, AgriTech or CleanTech, there are industry standards with which you need to comply.

Having developed products in strictly regulated markets, our engineers understand the processes and standards required to get CE, UKCA and FDA approvals.

Our review package could include:

  • Reviewing the product design against specifications
  • Reviewing documentation against applicable standards. Standards include, but are not limited to
    • IEC 60601 for electrical safety
    • IEC 61010 for electrical safety (lab instrumentation)
    • IEC 62304 for software development
    • IEC 62366 for usability and human factors
  • Reviewing documentation related to risk assessment and Failure Modes and Effects Analysis (FMEA)
  • Reviewing any pre-compliance testing and test reports
  • Providing recommendations to address gaps identified, whether technical or regulatory

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Technical Due Diligence

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Other Expertise

Working with eg technology has significantly increased our work efficiency, both now and in the future. We were able to describe our application and trust the team at eg to define specifications, develop concepts, and deliver a prototype. This allowed our team to focus on our own areas of strength.

Genome Research Ltd | The Wellcome Sanger InstituteOmer Bayraktar

I had the privilege to work with the eg team, albeit for a short period of time. We had requested a review of our design which the eg team did diligently and highlighted key areas for design updates. It is wonderful to meet a company who not only understand how to design products that address patient safety but are also able to communicate the design thinking behind it. I look forward to working with eg again in the future.

CNS Therapy, AGMarc Mathys, President

It is never easy to integrate the conflicting requirements of biochemistry, electrochemistry and engineering in any project, but I was very impressed with the breadth of capabilities eg technology brought to the project. Close integration with the team here at Vantix led to a smooth and efficient interface.

Vantix DiagnosticsAndy Gover, Director

eg technology delivered an injection of creativity and consumer product know-how that we, as a technology start-up, couldn’t provide in-house. We had the technology and an idea of how we wanted the hardware to work, but eg technology took these elements and turned them into a desirable consumer product that we were able to successfully take to market.

Cambridge Temperature ConceptsDr Oriane Chausiaux, Director

We wanted to create the ultimate robotics camera control panel that is both affordable and easy to use. Our collaboration with the team at eg technology has delivered a solution that undoubtedly provides the simplest way for any producer to be able to consistently engage their audience with great, repeatable viewing experiences.

Vinten RadamecKaren Walker, Director

We were very happy with the work that eg technology did and would work with them again without hesitation.

Avacta Animal HealthAlastair Smith, Director

We are very happy with the work that eg technology did for us. We are already using the rig to improve the validation process for our optical sensors and as a result increase customer satisfaction.

Sylex Fiber OpticsPeter Löwy, Director

We selected eg technology because they seemed to be the most pragmatic and focused of the companies that we had discussed the project with. They did not let us down. At every stage they offered practical solutions and a workable programme – always a priority when you are a smaller company. They consistently delivered on time and came up with really innovative ideas and solutions to deliver for us.

Wessex MedicalSarah Smith, Director

eg technology’s work was instrumental in automating the Parsortix system so that patient blood can be processed efficiently using ANGLE’s patented Parsortix technology to capture CTCs. This was a major step forward in bringing the Parsortix technology to market.

Angle PlcAndrew Newland, Director