Imperial College ThinkSpace and workspace provider Central Working have awarded a combined £250k to six technology companies as part of the inaugural Scalable Business Awards (SBAs).
The startups will receive a year of free White City office space alongside the guidance, business connections and support that comes with Central Working membership.
With the capital’s office rents ranked as the second most expensive in the world, providing free West London workspace allows the startups the opportunity to grow without rent overheads.
Launched to support startups, the 2018 SBAs focused on technology that helps address challenges facing the world.
The six companies are:
- BrightSign - A smart glove which translates sign language into text and speech, and also employs machine learning to build its own customized virtual sign language library
- Customem - Bio-based, absorbent material which extracts micropollutants from water, providing a clean solution to disasters such as oil spills
- ThinAir - A water-from-air generating material surface providing clean drinking water out of thin air, inspired by nature to tap into the 140 quadrillion liters of water in the Earth’s atmosphere
- Remora Marine - Ocean-cleaning tech which attaches to ship hulls, autonomously removing pollution caused by the 8 million tones of plastic waste which enter oceans every year
- Macusoft - AI clinical decision system to support the work of eye doctors, instantly analyzing patient data and images to identify optimal treatment, cutting the need for multiple appointments and providing vital support for overstretched healthcare services
- Clustermarket - The Airbnb for research labs, this online marketplace matches scientists and engineers with affordable laboratory space and equipment, cutting costs and encouraging collaboration between university researchers and the private sector
Read the full article here.
