From LiONS LAIR to taking over global markets: How Nix Color Sensor became a success story

In 2016, NIX Color Sensor won Innovation Factory’s LiONS LAIR pitch competition and they haven’t looked back since—growing from a small start-up to scaling and selling to global markets. NIX’ story is a great example of how ecosystems and resources can play a significant role in a start-up’s journey.

Starting from a small apartment in downtown Hamilton, NIX has redefined color communication, offering highly accurate yet accessible hardware and software tools to measure and identify colours. Matthew Sheridan, CEO and Founder of NIX, shares how he went from working as a contract engineer to becoming an entrepreneur solving color communication issues.

Sheridan navigated milestones like his first Kickstarter campaign, and secured crucial early validation while scaling through significant market challenges, including global supply chain disruptions during the COVID-19 pandemic.

Tune-in to hear how Sheridan harnessed the Hamilton-Halton innovation ecosystem to build NIX Color Sensor into a global leader in color communication.


About the Growth Series Podcast

The Growth Series podcast by Innovation Factory is dedicated to sharing the success stories of Innovation Factory’s clients. It features entrepreneurs and founders who have achieved significant milestones, such as securing investment, scaling their businesses, forming key partnerships, or navigating successful acquisitions. The podcast aims to provide inspiration, practical advice, and insights from these real-world entrepreneurial journeys to guide and motivate up-and-coming founders.

Are you looking to scale your innovative idea, increase revenues or enter global markets? Start a conversation with Innovation Factory and let’s discuss how we can help you.

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