10 tech start-ups join new Virgin Media and Techstars accelerator
Sir Richard Branson and senior figures from Facebook and twitter will offer mentorship and support
10 digital start-ups from around the world have been chosen to take part in Virgin Media and Techstars new London-based technology accelerator.
The thirteen-week mentorship programme will make use of a newly refurbished space in Aldgate East, London, offering funding, advice and services from a network of partners, including Sir Richard Branson, and senior figures from Facebook and Twitter.
Kicking-off with a trip to Silicon Valley to meet with the likes of Google and Cable Labs, the accelerator will culminate in a demo day where the start-ups will have a chance to pitch to investors for follow-on funding. Upon entering, each company will also have the opportunity to receive up to £78,000 in initial funding in exchange for an equity stake and convertible loan note.
The 10 successful tech firms, which come from as far as Dublin, Venice Beach, Milan and Berlin, span a number of different verticals including virtual reality, Internet-of-Things (IoT) and real-time video streaming.
The 10 start-ups taking part in the programme are:
- Ecoisme – a polish home energy monitoring solution that allows the user to track the energy usage of any device based on its signature within the electrical grid
- GoalShouter – this Italian company connects supporters and football clubs of any size
- KonnectAgain – an Irish platform that helps organisations stay in touch with their employees
- Synervoz – this Canadian firm has developed an an app that allows people to talk while listening to music by automatically adjusting the volume when voice activity is detected
- Rally Networks – another Canadian company that helps app developers drive their downloads and advertising engagements
- Repairly – this UK business connects people with local engineers to fix their smartphones, laptops, desktops and tablets
- Sponsokit – a platform that helps companies learn how to collaborate with social media creators based in Germany
- Stepsize – this UK firm is aiming to make software development more accessible efficient and powerful
- TelToo – another UK start-up for peer-to-peer content delivery network for video distribution
- Wizdish – this company manufacturers an exercise platform designed for virtual reality allowing a player to perform simulated walking and running in any direction on the spot. It’s based in the UK
Peter Kelly, managing director of Virgin Media Business, said: “This accelerator is a true reflection of what we’re all about at Virgin Media – we are passionate about giving innovative businesses the support they need to reach their full digital potential.
“With the level of expertise backing this programme and the London location of the accelerator, these businesses are going to get the very best start to their entrepreneurial journey.”