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Startup Weekly: Capital One accelerator, #TeaseLondon competition & more

startup weekly 20may

Here’s your weekly round up of startup competitions, awards, co-working space and accelerator news.

We also bring you a quick sneak peak into exciting new hires across the UK’s tech scene.

Capital One accelerator

Capital One UK has announced the launch of Capital One Growth Labs, an accelerator programme for early-stage startups.

The accelerator is being launched in partnership with L Marks, a corporate innovation specialist and tech investor, in hope of discovering new businesses working in the FinTech sector.

Chris Owen, programme leader, said: “One of the key aims of the programme is to discover and partner with some of the most promising new technology start-ups and unlock the truly leading-edge and innovative ideas of tomorrow.

“Having early access to start-ups, and the products they build, will enable Capital One to continue expanding its technological capabilities, as well as maintain a strong view on the customer needs of tomorrow while at the same time turbo-boosting those businesses by giving them unrivalled support,” he added.

Applications are being invited to the programme in any of six categories:

  • Unstructured data insight
  • Security and fraud prevention
  • Money management tools
  • Enabling healthy financial habits
  • Agent technologies
  • Open category

Approximately 25 applicants will be selected to attend a pitch day on 6th July, from which up to six participants will be accepted.

Applications close on 12th June.

Eyetease competition

Eyetease will be giving away £160,000 worth of free advertising on more than 400 taxitop screens in London.

Launched in partnership with Verifone Media, the competition is open to tech startups and SMEs.

To enter, participants will need to tweet their pitch, explaining why they deserve to win the prize, using the hashtag #TeaseLondon.

Richard Corbett, founder of Eyetease, said: “We’re excited to give a lucky startup the chance to be seen on every street in London. As an entrepreneur who bootstrapped his startup, I know how difficult it can be to get your brand out to the masses when you’re starting out.

“This prize will catapult the winner’s products and services to centre stage! We have developed the world’s most advanced digital out-of-home technology which will allow the winning brand the opportunity to be seen by millions of Londoners. This will be a game changer for the winning company!”

Entries close on 6th June. To be eligible, entrants must be considered a new startup or SME.

MassChallenge accelerator

MassChallenge is now accepting applications for its 2016 UK startup accelerator programme.

The accelerator will focus on finding disruptive talent across interactive media, life sciences, CleanTech, FinTech and cybersecurity.

“This is our second accelerator cycle in London and we’re looking forward to recruiting another incredible group of high-impact startups and stimulating regional growth in the process,” said MassChallenge UK managing director, Kerry Ritz, adding:

“Being accepted on the accelerator presents a significant opportunity for an early-stage company to propel itself along the road to business success. Our panel of judges are leaders in their field and world-class experts from a range of industries, so they know a startup with the potential to succeed when they see one.”

The deadline for applications is 29th June.

Breed Reply

Kokoon, a UK startup which uses advanced sensor technology and machine learning to produce headphones that help users relax and sleep better, has been added to Breed Reply’s investment portfolio.

In so doing, the startup joins Breed Reply’s existing portfolio of 11 businesses.

“With our portfolio moving from strength to strength, some of them now entering the market and gaining follow on investments, we are delighted to welcome Connecterra, Kokoon and Sentryo to our fast growing portfolio of startups. Each of their products brings exciting technologies and pioneering approaches to the respective markets“ commented Emanuele Angelidis, CEO of Breed Reply, adding:

“Connecterra’s world-class team is finally bringing user-friendly technology to farmers; Kokoon is building a unique product that addresses a problem affecting a large part of the world population; and Sentryo’s solution is tackling one of the greatest future challenges for the Internet of Things.”