Nine Startups Successfully Emerge from Startupbootcamp’s First IoT Program in London
Nine startups pitched to a room of over 300 investors, partners and mentors at Demo Day
New partnerships and distribution deals were announced by a number of startups, including one between Joyride and the Future Cities Catapult
London 26th January, 2017 – Startupbootcamp IoT | Connected Devices hosted its first Demo Day in London yesterday with nine startups, all of whom are developing an ‘internet of things’ enabled device, pitching their companies to a room of over 300 investors, partners and mentors. Having been selected from 425 applications, the nine teams showcased work from across a broad range of IoT applications, from the Industrial IoT through to the smart city and EdTech.
By 2020 forecasts suggest there will be 50bn connected devices in the world, yet many of the startups driving this growth are facing challenges around manufacturing, marketing and security, something Startupbootcamp IoT | Connected Devices is looking to address. During their first three-month accelerator,which has been supported by the UK government through Innovate UK and IoTUK, nine startups have been able to call upon the knowledge of industry experts and mentors to help them validate, build and grow their business.
The majority of the startups now boast second versions of their device, whilst some were able to announce new partnerships and pilot programs at the event. This included the news that:
- Joyride – a tracking and analytics solution for bikes – has been awarded a contract from Future Cities Catapult to run an initiative which encourages more families to get into cycling by improving safety for children. This program will begin in February.
- ThingTrax – a data capturing device for manufacturers – will be launching their third paid pilot program this February with a plastics manufacturer in the UK.
- Doordeck – a device that replaces traditional proximity cards with a smartphone – will be installed in one of the prominent office buildings on One Canada Square.
MD of the program, Raph Crouan, commented: “In the past three months we have been working alongside nine startups who really are making the future. Each team blends high-quality engineering and technical ability with strong business experience, something which is essential to any startup pushing IoT forward. They’ve worked very hard but this is just the beginning for them. We’re looking forward to supporting them in the coming years and will be working hard in the next few months to help them secure their first round of funding and grow their customer base through successful pilot programmes and corporate partnerships.”
The day began with a keynote speech from CEO and founder of Bragi, Nikolaj Hviid. Reflecting on the day Hviid commented: “We stand before the 4th computer revolution. How computers look and are used will fundamentally change in the next decade. I’m excited to be part of that revolution and am thrilled to see others joining that revolution at Startupbootcamp”.
Following the success of the past three months, applications for Startupbootcamp IoT | Connected Devices next 3-month program (which begins in September) have already opened on f6s – www.f6s.com/startupbootcampiotdevices2017/apply. Startups working on a connected device are encouraged to apply, with the Startupbootcamp team particularly looking for high-impact IoT solutions across both consumer and industrial IoT.
Founded in 2010, Startupbootcamp is a global startup accelerator with 14 programs in Amsterdam, Barcelona, Berlin, Eindhoven, Istanbul, London, Miami, New York, Rome and Singapore, and a mentor and alumni network in more than 30 countries.
For more information visit: http://www.startupbootcamp.org.