The University of Edinburgh’s Bayes Centre has selected 32 high-growth companies for this year’s EIE21 tech investor conference, which will see founders pitch for investment from seed level to more than £2m.
Run in partnership with the Data-Driven Innovation (DDI) initiative, EIE is a year-round programme highlighted by a day of pitching to investors from across the globe.
This year, it takes place on 10 June and will be delivered in a virtual format.
EIE has supported more than 500 tech startups since 2008, which have collectively raised around £750m from seed through to Series A and later stage funding.
These include Current Health – which secured a £9m Series A round in December 2019 – FanDuel – Scotland’s first billion dollar-valued tech startup or ‘unicorn’ – and Celtic Renewables – which has raised more than £33m since 2011.
The sector categories for EIE21 are: AI and Data Science; Energy, Climate and Cleantech; Digital Health and Medtech; Fintech and Cybersecurity; Smart Cities and Mobility; Robotics and Autonomy; Internet of Things, and; Creative Design and Media Tech.
In 2021, EIE also has a ‘wildcard’ category for the first time.
Featured companies include: satellite data specialist Earth Blox; OnGen, a tech platform that helps companies cut energy costs and carbon emissions; University of Edinburgh spin-out Net AI whose AI-driven analytics aim to revolutionise the management of virtual mobile networks, and; Oceanium, a startup developing sustainably-farmed seaweed into plant-based foods and packaging.
Steve Ewing, director of entrepreneurship at Bayes Centre and EIE21 lead, said: “We are excited to see so many fascinating companies and products underpinned by both innovation and ambition at this year’s EIE, companies who are aiming to solve real-world problems and meet some of the biggest challenges facing our societies in 2021 and the years ahead.”
Michael Rovatsos, deputy vice principal of research and director of the Bayes Centre, said: “Entrepreneurship is one of the core pillars of Bayes’ strategy to boost the university’s impact across the city and region, and the EIE programme is central to this overall approach, demonstrating our commitment to support the wider tech startup ecosystem in Scotland.”
The full list of companies selected for EIE21 is:
- Beta Bugs;
- BLK Global;
- Crack Map;
- Earth Blox;
- Danu Robotics;
- Data Innovation.AI;
- Intelligent Reality;
- Net AI;
- NIQS Technology;
- Nomad Energy;
- Open Banking Reporting;
- REOptimize Systems;
- theo Health:
- Transwap Technologies;
- UrbanTide, and;
The Bayes Centre is the University of Edinburgh’s innovation hub for data science and artificial intelligence.
Through collaboration with industry and public sector partners, Bayes aims to support the translation of research to maximise the benefit these innovative technologies bring to society.
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