Zenzic Launches Connected and Autonomous Scaling Program for Startups
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Connected and Automated Mobility (CAM) company Zenzic has launched the third year of its CAM Scale-Up program.
The program offers selected startups and SMEs the opportunity to verify their CAM solutions on CAM Testbed UK sites in real time and in controlled environments. As a result, companies are able to deliver better products and bring them to market faster.
Participating companies will have access to a £500,000 share of UK government funding, access to CAM Testbed UK facilities, technical and business support with access to business partners, investments from delivery partner Plug and Play by Zenzic and its global investment accelerator platform, and Zenzic’s insights into the UK roadmap for connected and automated mobility to 2030.
“We are excited to launch this year’s Zenzic CAM Scale-Up program,” said Mark Cracknell, Zenzic CAM Program Manager.
“The programme’s successful start-ups and SMEs, whose new and innovative solutions have addressed real-world challenges within the ecosystem, and continued collaboration with global leader CAM Testbed UK, demonstrate the UK’s reputation as a global leader in CAM.As the UK government deploys investment for the commercial roll-out of CAM, this year’s program will support these ambitions by giving more start-ups and SMEs the opportunity to accelerate the time-to-market. the market for their products.
Last year, the program supported six successful CAM technologies.
Albora Technologies, for example, provides solutions for navigating in harsh environments using high-precision geolocation technology. Meanwhile, Exeros Technologies is looking to improve insurance savings and reduce accident rates with live GPS tracking.
Grayscale AI uses neuromorphic software to provide human-like precision to navigate roads. R4DAR Technologies is creating innovative radar solutions to improve self-driving cars while Route Konnect has built a cutting-edge processing solution to provide in-depth insights into urban mobility and Xtract is improving the way car insurance claims are made with one platform connected.
“The program continues to demonstrate that startups and SMEs experience a 9-12 month acceleration in product development, giving them credibility for future investment and international exposure. Through their involvement in the scheme, a number of SMEs have secured significant investments and been accepted into other investment and mobility schemes,” says Kieran Borrett, Head of Plug and Play.