Consumer Physics’ Rep Confirms: There is No Intellectual Property Dispute Around SCiO

Following the shut down of SCiO’s Kickstarter page, a Consumer Physics’ representative revealed the page wasn’t removed due to an intellectual property dispute, despite the information stated on the website.

SCiOAs previously reported, SCiO was described as “the world’s first affordable molecular sensor that fits in the palm of your hand.” It is a tiny spectrometer and allows users to get instant, relevant information about the chemical make-up of just about anything around the user, sent directly to their smartphone. The SCiO Mobile App allows the user to choose a specific SCiO application from the available options. Once the user chooses the app they need, they are ready to scan.

In 2014, SCiO surfaced on Kickstarter and raised $2,762,571. Since then, Consumer Physics has reportedly begun to ship the device but encountered some issues, which caused delays. Dror Sharon, CEO of Consumer Physics previously explained the delays due to an unanticipated design.

“We started to ship units in April 2015, but as we ramped up production we discovered issues – sometimes with our parts, sometimes with our designs.”

SCiO’s Kickstarter situation comes just a couple days after Consumer Physics announced it was shipping more of the devices. The rep confirmed to Crowdfund Insider:

scio“Despite what Kickstarter’s default page says, there is no intellectual property dispute around SCiO. There is a naming dispute that is being litigated and this the reason that Kickstarter took the SCiO campaign page down. This is solely in regards to using the term ‘SCiO’ in the product name. The sensor technology is not affected in any way.”

The rep also noted that Consumer Physics is already addressing the legal dispute over the name of the sensor in court and fully believes we have every right to use the product name ‘SCiO.’

 

 


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!



Sponsored Links by DQ Promote

 

 

Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 5, 2026 vs Jan 1, 2025 - Nov 5, 2025

Share this graph
Number of Filings134Prior 129 +3.9%
Target Raise, Total$3.45BPrior $3.59B -3.8%
This YTDYear priorChange
Filings 134 129 +3.9%
Target raise $3.45B $3.59B -3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comment
Newest
Oldest Most Voted
 
1
0
Would love your thoughts, please comment.x
()
x
Send this to a friend