Eleven start-ups have been selected to start the Lab353 nine-week boot camp accelerator in Dublin led by SVG Partners and Eircom Business Solutions.
The start-ups will be located at Eircom’s Internet House in Temple Bar where they will have access to mentors from Silicon Valley and Ireland as well as legal and tax services from Lab353 partners.
Following the nine week programme, the companies will pitch their ideas to a group of influential investors at the ITLG Silicon Valley Global Tech Summit in Dublin, with the aim of securing up to US$1 million investment each.
“We believe that the businesses chosen to enter Lab353 are the hottest mobile, cloud and ‘internet of things’ start-ups. It is clear that the potential for these businesses is huge and Lab353 will give them the support and guidance they need to rapidly architect, scale and support commercially-viable solutions.”
Originally ten companies were to be chosen from a shortlist of 40, who yesterday pitched to a panel of 20 high profile judges, including Sonya Flynn, managing director, Facebook Ireland, Barry O’Sullivan, CEO, Altocloud, Helene Graham, chief technology officer, eircom, John Hartnett, founder and CEO, SVG Partners and NilaKanthi Ford, chairperson of the Irish India Business Association.
However, the judges were so impressed by young start up NativeNote that they decided to bring them through as an extra finalist, bringing the total to 11.
The 11 finalists are:
Kinetise (Warsaw, Poland)
Kinetise is a tool for visual programming of mobile apps, where even complex apps can be built in under 24 hours. Instead, client can design his own app in a web-based drag and drop interface
BFC Analytics Ltd (Dublin, Ireland)
BFC Analytics combines expertise from biology, finance and cyber to change how cyber insurance is written.
TVAdSync (Dublin, Ireland)
TVadSync enables advertisers to exploit new mulitiscreen, multitasking behaviours of television audiences by monitoring live television broadcasts and detects when ads air and triggers a heavy burst of online advertising.
C-LabsLLC (Washington, USA)
C-Labs serves industrial automation customers who need remote and mobile access to factory and other industrial equipment and a gateway to legacy industrial protocols.
Legalshine (Dublin, Ireland)
Legalshine is a tool for large organisations to reduce and control their legal costs using text analytics to read legal invoices and then benchmark the spending.
Inpofi – Kirk H&J Corporation (California, USA)
Inpofi focuses on the challenging issues concerning power transfer efficiency and meeting the demands of a growing market for a safe, fast and convenient wireless charging experience.Cloud KPI Ltd (Wicklow, Ireland)
CloudKPI delivers real-time KPI & analytics to SME business owners via their smart devices.
Xunity.TV (Dublin, Ireland)
Xunity.TV implemented their product, iStream across their app and retail range. iStream acts like a bookmarking tool to save video content websites to view on TV.
Quantum Touch (Dublin, Ireland)
Quantum Touch builds apps across Apple/Android platforms- using a SmartFitApps builder solution- easier and cheaper through machined processes.
Flip Technologies (Kerala, India)
Flip Technologies is primarily an internet of things company designing and developing activity tracking devices for action sports like skateboarding, snowboarding, ski, motocross etc.
NativeNote (Cork, Ireland)
NativeNote.com is a note-sharing platform built to easily distribute and index notes for individuals, organisations and study groups.
Accelerate image via Shutterstock