Entrepreneurs from ten University of Edinburgh spin-out and start-up companies will have the opportunity to pitch their businesses at Engage Invest Exploit 15 (EIE15), Scotland's leading investor showcase, this month.
With over 160 investors from Scotland, the UK, Europe, Asia and America coming to EIE15, the event is a unique opportunity to reach high-calibre venture capitalists and renowned industry experts.
Among the 60 finalists are some of Edinburgh University's most promising university start-ups and spin-out companies.
During the months leading up to the EIE15 pitching event and exhibition on 14th May 2015 at Edinburgh's Assembly Rooms, all companies have received additional expert mentoring and pitch training.
These academic entrepreneurs are eager to take their businesses to the next stage, but at EIE15 they need to pitch and prove that they are investor-ready.
The University companies presenting at EIE15 are:
Medicen Devise has developed a catheter attachment called Steriderm that maintains a sterile wound site, which helps prevent infections and could potentially save thousands of lives per year and decrease healthcare costs. Since winning the E-Club Santander Pitching competition back in 2011, founder and former Biomedical Engineering student, Kajika Bansal, won the LAUNCH.ed Innovation Cup and became Enterprise Fellow at the Royal Society of Edinburgh in 2013.
Sansible is all about the future of ‘wearables’ and nanotechnology. Entrepreneur Jack Ng developed smart materials, which will generate power using kinetic movement. This will allow us, for example, to charge mobile devices on the go, without needing traditional power sources.
Parkure’s CEO Lysimachos Zografos is confident that a cure for Parkinson's Disease could already sit on our pharmacy shelves. In an innovative approach to drug discovery, the spin-out company uses genetically engineered fruit flies to reassess whether existing drugs could potentially help Parkinson's patients. Recently, Parkure has attracted over £75,000 additional funding through an equity crowdfunding investment on ShareIn.
Shot Scope Technologies
David Hunter (current RSE Enterprise Fellow) invented a performance-tracking wristband for golfers. Shot Scope collects information such as accuracy and distance of every shot or the total number of strokes, without distracting golfers from the game. The device was recently shortlisted for the Sports Technology Awards in London. Trials with professional golfers are scheduled this year, with the launch anticipated in 2016.
Former MSc Sound Design student and RSE fellow, Orfeas Boteas, has developed an innovative voice manipulator. Major Hollywood studios, world-class game designers and audio professionals are now using Orfeas’ Dehumaniser. Before Dehumaniser, creating monster sounds for fantasy productions had been time-consuming and work-intensive. The software’s real time sound processor solves this problem and simplifies processes in post-production, which saves time and money. Quickly, Dehumaniser has become an essential tool for many sound designers.
Two researchers from the School of Informatics want to improve the safety of self-driving vehicles. To navigate, most mobile robotics systems rely on a combination of GPS and laser scanning, which is very accurate but prone to produce errors under difficult weather conditions. Dr Michael Mangan and Paul Ardin have developed the underpinning technology behind Skyline Sensors that increases the safety of mobile robots in conditions like rain or snow. A second-generation prototype has been developed and the two founders are keen to find their first investors.
Kajeka allows analysts and enterprises to make fast, informed decisions from big data. Founder and CTO Tom Freeman, Chair of Systems Immunology at The Roslin Institute, has received more than £1 million research funding and the spin-out is currently part of the Up! Accelerator programme. More than 5,000 users worldwide now use one of Kajeka’s tools, for instance Miru, to gain “clarity from complexity”.
Edinburgh Molecular Imaging
Edinburgh Molecular Imaging (EMI) is developing optical technology to support doctors with diagnosing diseases and making the right treatment decisions. Key to EMI’s technology are fluorescent imaging reagents, which detect harmful processes like inflammations inside the human body in real time. Initially, the company focusses on lung conditions, but the technology can be applied to a range of diseases, always reducing the time to make diagnostic decisions from days to seconds.
WorkflowFM is a smart modelling framework for healthcare processes, aiming to improve efficiency, policy adherence and patient safety in organisations like the NHS. The technology developed by Petros Papapanagiotou and his team has been used, for example, by the University of California San Diego, NHS Greater Glasgow and Clyde & NHS Lothian and St Mary’s Hospital, London.
Carbomap applies state-of-the-art technology to the problem of measuring and mapping the world’s forests. They are pioneering both Multi-Spectral Canopy LiDAR (patent pending) and UAV LiDAR for efficient forest mapping in developing countries. These instruments are optimised to measure forest properties by combining the proven strengths of multispectral sensing with the 3D structural information from LiDAR.
Abesh Thakur, CEO of Two Big Ears, exhibited and pitched at last year’s event and said:
“EIE 2014 was a great chance to network with a leading group of start-up experts and an International range of Investors. The exposure from EIE helped us raise our profile, meet important supporters, potential future collaborators and investors. The support we received from the University of Edinburgh and LAUNCH.ed in starting our company helped us make the most of this opportunity.”