10 health start-ups supported through KQ Labs accelerator
Companies working in data-driven health will go through a 16-week programme funded by Innovate UK and run by the Francis Crick Institute.
Artificial intelligence and digital technology are predicted to have a wide-ranging impact on health services. It is hoped that the sector will transform, from the treatment of illnesses to prediction and prevention.
To encourage the development and adoption of new, data-driven technology, Innovate UK has invested £400,000 in KQ Labs. The Francis Crick Institute – a centre that focuses on the understanding of the biology underlying health and disease – will run the accelerator programme.
KQ Labs, named after the ‘Knowledge Quarter’ area around King’s Cross, Euston and Bloomsbury in London, will provide guidance and advice for health start-ups working with data.
The 10 companies that will receive support are:
- Ayuda, whose app helps diabetes patients with insulin management
- Chromadose, which personalises monitoring of blood levels to deliver oncology drugs
- ConcR, which uses data to predict cancer evolution and patient response to treatment
- Cortirio, which has developed a scanner for portable diagnosis of brain injuries
- Deepscope, the developer of an educational app for ultrasound simulation
- Heron, the creators of a graphical ‘map of science’
- LifeEngine AI, whose hospital tool predicts mortality from acute kidney injury
- Macusoft, whose artificial intelligence system helps guide the treatment of preventable sight loss
- Mendelian, which has developed an online platform to help speed up diagnosis of rare diseases
- Vision Game Labs, which uses gaming techniques to diagnose eye disease through home monitoring
Dr Veronique Birault, Head of Translation at the Crick, said:
This is the start of a very exciting journey for the 10 start-ups, and also a great contribution towards building the ecosystem for data-driven health in the Kings Cross area.
Help to progress business proposals
Each start-up will receive £40,000 to take forward their business proposals, a customised framework for developing and progressing their technology, alongside mentoring and coaching from a group of global experts to prepare them for future investment.
These experts will form part of the academy programme, providing insight into entrepreneurship, the health sector, data science and investment strategies. They will lead workshops to address a variety of challenges throughout the programme.
The accelerator programme supports the government’s Industrial Strategy. It embraces emerging technology to transform industries and increase productivity, create new highly skilled jobs and improve living standards.
Chris Sawyer, Innovation Lead, Digital Health at Innovate UK said:
The start-ups all have the potential to make an impact on global health outcomes and will have access to unrivaled support and resources.
These ventures will help shape the future of health in a sector that is a vital part of the government’s modern Industrial Strategy.
The Industrial Strategy is addressing the issue of supporting our ageing society.
Why better management of health data is needed
Better management, tracking and automated analysis of health data could transform outcomes for patients and also save public money that goes into health services.
The companies being supported are working on ideas that could achieve these goals. Their solutions could be applied to a wide range of diseases and health areas, including:
- personalised medicine
- imaging and improved diagnosis
- management and interrogation of large amounts of scientific data
They will look to improve management of data in tackling illnesses like cancer, diabetes, rare disease and ophthalmology.
Latest News from
DASA launches DTEP29/07/2022 12:25:00
The Defence Technology Exploitation Programme (DTEP) is a £16 million programme to boost small and medium-sized enterprise (SME) defence innovation.
Prime Minister signs landmark science agreement with New Zealand04/07/2022 11:22:00
Prime Minister agrees major Research, Science and Innovation Arrangement with New Zealand.
Government pledges £7.6 million for rail innovation12/04/2022 12:12:00
Funding given to create cutting-edge technology that will help transform rail travel.
Cycle 3 of Defence Innovation Loans now open21/10/2021 15:20:00
Loans up to £1.6m available. Don’t miss out on the opportunity to commercialise your defence solution.
Business Secretary appoints 6 new non-executive directors to UK Research and Innovation board27/09/2021 09:12:00
Business Secretary Kwasi Kwarteng has confirmed the appointment of 6 new non-executive directors to the board of UKRI.
World’s first green submarine among winners of the UK’s biggest clean maritime competition15/09/2021 12:22:00
Winners of clean maritime competition announced as the UK's greenest cruise terminal opens in Southampton.
Five UK companies have progressed through to the next phase of a £5.5 million radioactive waste segregation competition.14/09/2021 10:12:00
The ‘Sort & Seg’ innovation competition, launched in July 2020, set the challenge of finding ways to sort and segregate mixed radioactive waste at some of the UK’s oldest nuclear sites.
Cycle 2 of Defence Innovation Loans now open12/08/2021 10:15:00
Loans up to £1.6m available. Don’t miss out on the opportunity to commercialise your defence solution