Proof of Usefulness Report

Figura

Analysis completed on 1/21/2026

+62
Proof of Usefulness Score
You're In Business

The project 'Figura' (Figura Analytics) is a verifiable B2B nanotechnology spinout from Loughborough University, focusing on contaminant detection in beverages. External search confirms they raised ~$1.8M in Seed funding (Jan 2023) and have pilots with major brewers. However, the submission quality is critically poor, containing false claims (e.g., 'most people have used my product', audience is 'everyone') and missing data. While the Technical Innovation and Real-World Utility are high due to the underlying deep tech, the score is significantly penalized by the lack of credible evidence in the submission and the false reach claims.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+20.0
Audience Reach Impact+2.0
Technical Innovation+20.25
Evidence Of Traction+7.5
Market Timing Relevance+7.0
Functional Completeness+0.25
Subtotal+57
Usefulness Multiplierx1.08
Final Score+62

Project Details

Description
Figurais in the Food Tech Industry

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline