IoT start-up accelerator announces first cohort

IoT start-up accelerator announces first cohort

Accelerator programme Startupbootcamp has unveiled the firms joining its first ever IoT cohort with the aim of pioneering the future of connected tech.

There was major interest in the scheme, according to the Startupbootcamp’s organisers. Over 400 applicants from 61 countries around the world applied to take part.

The start-ups participated in a rigorous three-day selection process where they experienced expert workshops and pitched to the likes of Cisco, Premier Farnell and DLL, all of which are partners.

Lots of benefits

They’re developing a wide variety of different products across areas such as security, intelligence, smart manufacturing and horse monitoring tech.

All of this year’s cohort will be given 15,000 euros in cash, along with office space in the British capital, London. Here, they’ll have access to a high-speed prototyping lab and a network of IoT and tech experts and investors from all corners of the globe.

While developing their products and turning them into a reality, they’ll be able to get advice from people who have first-hand experience creating IoT products and setting up businesses. 

Related: London is the European capital for Internet of Things start-ups

Wide variety of businesses

The program, which is about to begin, will span across a three-month period. Once the start-ups have had a chance to refine their products, a public demo day will be held where they’ll pitch in front of investors and stakeholders.

The successful applicants are: Greek smart garden solution CityDrop, British smart lock firm Doordeck, Spanish cloud cooking service Eskesso, Spanish smart garage tech maker HomyHub, Canadian cycler tracking service Joyride, French sleep tracker Moona, British medtech firm Thingtrax, UK-developed intelligent horse monitoring system Trackener, Romanian AI start-up Woogie and Canadian connected skiing tech YodelUP.

Great time for IoT

Raph Crouan, managing director and founder of Startupbootcamp IoT Connected Devices, believes that the demand for the programme exemplifies the need and interest in connected technology. He’s excited for what the businesses will create while on the programme.

“Receiving such a large number of applications for the program shows just how much attention there is on IoT and hardware right now,” he said.

“Having undergone a comprehensive selection process which included visiting and hosting events in 15 cities across the world, we’re delighted to have now chosen the ten startups for acceleration.

“Each one has a great team behind them, and the range of markets they are attacking points the way to how IoT will develop in the coming years, from AI to Industrial IoT, and everything in-between.”

Click here to watch Startupbootcamp’s Raph Crouan speak to IoB about the IoT start-ups on its accelerator programme.

Related: The 10 hottest Internet of Things start-ups of 2016