HomeTechUK tech startups get industry support under new mentorship scheme 

UK tech startups get industry support under new mentorship scheme 

Date:

Related stories

spot_imgspot_img

A group of state-owned UK rail operators have created a new mentorship scheme to provide guidance and support for nine technology startups focussed on customer experience and operational efficiency. 

The Future Labs scheme is described as a first of its kind project in the UK and will see Southeastern, Northern, LNER and TransPennine Express provide support during a 12-week programme. 

Richard Harrison, chief financial officer of the Department for Transport’s rail holding company DOHL, said: “Our railways are essential in connecting people across the country and play a vital role in supporting the UK’s economy. 

“Working together we can find innovative solutions to drive forward growth by making the best use of technology to improve train performance, accessibility and customer experience.” 

The nine companies chosen for the scheme, overseen by innovation specialist L Marks, include Chata.ai, Cleancore Intelligence, 1Huddle, iqast, Cognition24, Zing Data, Treeva, PotentialU, and Moonbility. 

The startups focus on a range of technologies including Treeva’s renewable energy solution which captures energy from the turbulent airflow of passing transport, and Cognition24’s app which provides real-time travel and accessibility information for people with hidden disabilities. 

Access the most comprehensive Company Profiles
on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free
sample

Your download email will arrive shortly

We are confident about the
unique
quality of our Company Profiles. However, we want you to make the most
beneficial
decision for your business, so we offer a free sample that you can download by
submitting the below form

By GlobalData







Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Other innovations to enter the incubator include Moonbility’s digital twin technology that predicts and simulates asset failures in the transport sector, 1Huddle’s recruitment and talent development platform, and iqast’s AI-powered automatic forecasting solution. 

The successful startups will receive unique insights and guidance from the rail operators as well as the opportunity to test their technologies in real-world environments with access to industry data to support their development. 

The Future Labs scheme adds to the UK government’s own funding schemes for innovative companies in the rail industry, including its First of a Kind competition which granted £5.3m ($6.6m) to 17 projects last year.


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img