Four startups will join the Geovation Programme and receive the strategic backing of Ordnance Survey and HM Land Registry. The programme, which acts as an accelerator course to new geotech and proptech businesses, will see each of the startups receive up to £20,000 in grant funding and a range of resources and services to help them develop their business.
The businesses accepted on the programme are:
Skyscape | AI to analyse rooftops and identify opportunities to maximise utilisation and address urban challenges. Its rooftop data analytics platform enables asset managers to efficiently identify opportunities for utilising rooftop space, where value of existing and future stock can be increased.
ThirdFort | Security enhancement tool to help property solicitors more efficiently process property transactions.
Fruumi | Friendly and efficient end-to-end shared accommodation platform that empowers landlords to let out their property at lower risk and cost.
Hipla | Platform to help buyers track evidence of their own buyer position – how much can they afford and how do they compare in the area they are looking with our bidders – and for owners and estate agents to qualify buyers, giving better transparency earlier in the process, whilst enabling opportunities for selling additional services and attracting sellers.
A further three geotech companies will also join the Geovation hub: Mothive, an automated agronomy service to help farm managers maximise efficiency, Pocket Pals, a mobile game to encourage young people to engage with wildlife, and Trik, a 3D mapping and reporting system using drone-collected data.
Alex Wrottesley, head of geovation, says: “Entries for the programme were again of a very high standard. This is an exceptional group joining us. The programme is designed to give them the best possible support to help propel them to the next level.
“We offer a founder-friendly environment, great mentors, high-quality workshop content and, almost uniquely, a dedicated software development team in-house, who work hand-in-hand with our companies to build and release their first products. This is something very few accelerators can offer and it means the businesses joining us can move faster and further than they otherwise would have been able to. We can’t wait to get started with these new teams.”
Since opening in the summer of 2016, the Geovation Hub has become home to more than 900 GeoTech and PropTech start-ups. Its Programme provides access to data, to experienced software developers, and gives businesses geospatial expertise from OS and land and property insight from HMLR, as well as business mentorship and coaching to help prepare for presenting to investors. The Programme to date has supported 65 technology start-ups, which has seen £17M raised in investment funding.