ScaleUpHub: Our new UK collaboration to boost business growth
Nobody can build the energy market of the future alone. It’s for that reason that a crucial part of our mission at innogy Innovation Hub is to provide a platform for co-creation, collaboration, and convergence. We actively promote collaboration between, and provide partnership opportunities for, disruptive businesses; providing access to in-depth knowledge, networks, and resources to co-create the future.
That’s why we are very excited to announce our latest partnership in the UK to support start-up growth. We are partnering with Telefónica Open Future’s Wayra UK and the Catapult Network to create the ScaleUp Hub UK programme.
What is the ScaleUp Hub?
The ScaleUp Hub is based in London and is dedicated to helping technology start-ups and scale-ups accelerate their journeys to success in topics such as future energy, urban solutions, customer experience, and connected technologies. Three cohorts lasting four months each will run throughout the year with 12 companies in each cohort.
What makes this programme different from a conventional accelerator?
ScaleUp Hub offers expertise from the world’s best performing accelerator, direct connections to ease the start-ups’ transition into the UK market, and a network full of experts and investors who are passionate about supporting innovation.
At the innogy Innovation Hub, we’re always striving to provide funding, mentoring, and a co-creation platform for technologies and businesses that have the potential to shape the energy market of the future. The UK is a key market for our portfolio companies, and we’re thrilled to partner with Wayra to create jobs and growth through the development of new market leaders in emerging technologies.
Annemie Ress, Managing Director for innogy Innovation Hub
Who are our partners for ScaleUp Hub?
Our partners are Wayra and the Transport Systems Catapult, with collaboration with the Energy Systems and Future Cities Catapults to take full advantage of the Catapult Network and provide access to the widest possible innovation ecosystem.
As the venture arm of Telefónica, Wayra is tasked with scaling start-ups. Its ‘best in class’ accelerator programme currently supports around 70 companies a year in six other locations, providing advice and mentorship to take ideas through to investment. Over the last seven years Wayra UK’s has invested and supported 180 companies and helped to raise over $237 million in third party funding for companies currently valued at $835 million.
At Wayra, we scale start-ups. Partnering with innogy Innovation Hub is, therefore, a great fit for us, because this programme is focused on helping more mature start-ups to scale via Telefónicaand innogy. I can’t wait to begin.
Gary Stewart, Director of Telefónica Open Future and Wayra UK
Transport Systems Catapult
The Transport Systems Catapult is the UK’s technology and innovation centre for Intelligent Mobility, harnessing emerging technologies to improve the movement of people and goods around the world. Overseen by the UK’s innovation agency, Innovate UK, its role is to support business growth, increase the UK’s share of the global Intelligent Mobility market, and attract investment – creating jobs and generating long-term economic growth.
It helps sell UK capability on the global stage, while also promoting the UK as a superb test bed for the transportation industry. With a clear emphasis on collaboration, it brings together diverse organisations across different modes of transport, breaking down barriers and providing a unique platform for meeting the world’s most pressing transport challenges.
“We are very proud to create this exciting opportunity for the UK. innogy’s involvement with the project shows significant international confidence in the future of the UK’s innovative technology sector from a company with a strong track record of developing cutting edge solutions. The programme builds on our previous success with the Intelligent Mobility Accelerator in Milton Keynes and will feature a set of transport related solutions alongside more wide-reaching innovations, to provide the best possible environment for growing businesses.”
Alex Weedon, TS Catapult SME Director.
What companies are involved in ScaleUp?
The ScaleUp programme focuses on start-ups and scale-up companies looking to enter or grow their business in the UK and beyond. The first cohort includes the following innogy Innovation Hub companies.
Placense’s data analytics solution, “vectorsense”, provides real-time information on metrics such as customer visits, visit durations, frequency, customer journey paths, and gender and other related demographic characteristics.
Share&Charge is a decentralised protocol for electric vehicle charging, transactions, and data sharing, enabling companies to offer a seamless, smart, and secure charging experience.
Shine creates the future of people powering people. shine’s innovative software enables customers to actively take part in the undeniable journey towards de-central energy production and consumption.
Calipsa offers a cloud-based platform based on Deep Learning technology that offers a 50% reduction in false alarms for Monitoring Stations. It works with existing cameras and requires no capital expenditure for the monitoring station.
BeeRides has set up an efficient and user-friendly car-sharing platform, and earns most of its revenue by charging a commission on the rental transactions on its platform.
Libryo is an online compliance tool that enables users at any organization to understand the regulations that are relevant to them, as well as applicable legal obligations they face in any situation.
It also includes the following companies from Wayra UK:
Citygo: Getting home quickly is no longer a luxury.
DoDo: DoDo offers a same day logistics service which simplifies the life of both customers and companies by providing a marketplace for new business opportunities.
Enerbrain: Enerbrain makes dumb buildings smart. Improve the financial productivity and comfort of your buildings without modifying any of your existing systems.
EVezy: All-inclusive EV subscriptions on a rolling monthly contract.
Humanising Autonomy: Humanising Autonomy improves safety and efficiency of autonomous mobility systems through better understanding of human behaviour across cities.
HUMN.ai: By-the-minute insurance for rideshare drivers.
Indoorway: Indoorway brings transparency and operational savings to buildings owners through precise movement analytics and powerful API.
Omniflow: Smart energy platform powered by wind and solar with integrated energy storage for IoT applications.
Stay tuned for updates on the ScaleUps’ progress and for more exciting news on the ScaleUpHub.