Zenzic launches third £500k CAM Scale-Up programme to accelerate CAM solutions and commercial scale-up
London, 22 June 2022: Zenzic, the leading organisation for connected and automated mobility (CAM) development in the UK, is launching the third year of its successful CAM Scale-Up Programme, which offers selected start-ups and SMEs an opportunity to verify their innovative CAM solutions at pace. The news follows the recent UK Government £40m investment announcement of support for the sector, which it believes to be worth £42 billion to the UK economy by 2035, with the creation of 38,000 new skilled jobs.
Zenzic, in partnership with Plug and Play, offers selected start-ups and SMEs to test their products or services at the world leading CAM Testbed UK in real world and controlled environments – resulting in being able to deliver their products to market better and faster.
These participating companies will be given access to:
- A share of £500,000 UK government funding through the Centre of Connected and Autonomous Vehicles
- World class testing facilities in controlled and real-world environments through CAM Testbed UK
- World-class technical and business assistance with access to corporate partners as well as the wider CAM Ecosystem
- Investment support from our delivery partner Plug and Play and their global investment accelerator platform
- Zenzic’s insights from the UK Connected and Automated Mobility Roadmap to 2030
Mark Cracknell, Programme Director – CAM, Zenzic said:
“We are excited to launch this year’s Zenzic CAM Scale-Up programme. The successful start-ups and SMEs of the programme, whose new and novel solutions have addressed real world challenges within the ecosystem, and the continued collaboration with the world-leading CAM Testbed UK, demonstrates the UK’s reputation as a global leader in CAM. As the UK Government rolls out investment for the commercial deployment of CAM, this year’s programme will support these ambitions by giving more start-ups and SMEs the opportunity to accelerate their products to market.”
This is the third time that Zenzic has run the prestigious programme. Last year the CAM Scale-up supported 6 successful CAM technologies including:
- Albora Technologies – providing solutions for navigating challenging environments through high-accuracy geolocation technology
- Exeros Technologies – Improving insurance savings and reducing accident rates through live GPS tracking
- Grayscale AI – using neuromorphic software to provide human-like precision to navigating roads
- R4DAR Technologies – revolutionising the safety of vulnerable road users by using point-to-pint radar technology
- Route Konnect – the edge processing solution that provides in-depth insights into movement within cities
- Xtract – transforming how motor claims are processed through their connected claims platforms.
Michael Talbot, Deputy Head at the Centre for Connected and Autonomous Vehicles said:
“After the success of the previous programmes, we are pleased to provide further funding for the third cohort of the Zenzic CAM Scale-Up programme. One of the continued barriers to entry for start-ups and SMEs is access to testing facilities. This programme offers these exciting companies the opportunity to test and verify their innovative technologies through the world-leading CAM Testbed UK. The UK Government is committed to driving innovation and investment into the UK, and I look forward to seeing what this new cohort will achieve.”
Kieran Borrett, Head of Plug and Play London said:
“We are delighted with the announcement that there will be another programme this year and we are able to support Zenzic and work with some exciting and ambitious companies. The programme continues to demonstrate that starts-ups and SMEs experience a 9 to 12 months of product development acceleration providing credibility for future investment and international exposure. As a result of being involved in the programme, a number of SMEs have gone on to secure significant investment and been accepted into other investment and mobility programmes.”
Zenzic hosted its CAM Innovators Event 2022 in March 2022, where industry speakers gathered to hear from and discuss a showcase of CCAV’s funded projects, led and co-ordinated by Zenzic and in partnership with CAM Testbed UK and leading organisations within the CAM ecosystem. The event covered subjects from safety, innovation, scaling and collaboration. A recording of the event is now available: CAM Innovators Event 2022.
For more information, visit: https://zenzic.io/cam-scale-up/
Contact email@example.com with any questions.
Zenzic was created by government and industry to champion the UK Connected and Automated Mobility (CAM) ecosystem and lead the UK in accelerating the self-driving revolution, with the goal of ensuring a safer, more secure, sustainable, and inclusive transport future.
Zenzic delivers strategic insight to support the UK CAM ecosystem and deliver the industry accepted UK Connected and Automated Mobility Roadmap. Zenzic fosters innovation by channelling government investment to support UK companies develop products and services to market. Zenzic encourages collaboration between industry, government, and academia across all relevant sectors to facilitate the development and deployment of CAM in the UK. For more information, visit: http://zenzio.io
About Plug and Play
Plug and Play is the leading innovation platform, connecting start-ups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 35+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize start-up acceleration programs and have built an in-house VC to drive innovation across multiple industries where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi.
Plug and Play has mobility and smart cities innovation programmes in: Silicon Valley, Detroit, Stuttgart, Milan, Madrid, Paris, Tokyo, Singapore and Beijing. For more information, visit: https://www.plugandplaytechcenter.com/europe/