Page 19 - Imperial College - Science for Humanity

Imperial Innovates Startup success Innovation

network
at Imperial

→ Co-founded by an Imperial student, Improbable Enterprise Lab is a dedicated support service
pioneers new ways to connect, play, create and for thousands of students, staff and alumni who
build value across interconnected virtual worlds. have an idea they believe in, and the drive to
turn it into a reality.
→ Co-founded by an Imperial student, Tractable
uses computer vision and deep learning to Advanced Hackspace brings together inventive
speed up the time taken to process motor minds from all backgrounds, disciplines and
insurance claims, by automating the appraisal levels of expertise to collaborate, experiment
of visual damage. and prototype the future.

Deep tech entrepreneurship for next generation businesses → Co-founded by an Imperial academic, Imperial White City Incubator is a state-of-the-
art wet lab incubation space and training facility
PsiQuantum is a quantum computer company
Science Capital Imperial aiming to build the world’s first commercially to help startup companies. It welcomes spinouts
viable one million qubit quantum computer. and non-Imperial ventures in order to maximise
innovation and collaboration. Since 2006,
→ Founded by Imperial academics, Ceres Power Imperial’s incubator companies have raised
Our goal: We will scale up our world-class innovation capital and proof-of-concept funding to realise grew from an Imperial spinout founded to over £1bn in investment and grant funding.
ecosystem for world-changing impact. the full potential of their businesses. And through develop fuel cell research and was named the
our new Imperial Global network, we will access UK’s most valuable clean technology company. Undaunted is a partnership between Imperial
Now: We pride ourselves on our startup culture at and engage other innovation ecosystems around and the Royal Institution to create new routes
Imperial, nurturing the supportive and interdisciplinary the world (page 24). → Founded by Imperial students, Magic Pony into climate entrepreneurship. It is a founding
environment that science entrepreneurs need Technology was an AI startup using machine member of Cleantech for UK, a coalition
to thrive. That enabling environment includes Together, these complementary efforts will see learning to build improved systems for visual of investors and venture builders launched
Imperial’s Enterprise Lab, our Institute for Deep Tech Imperial grow more high-impact enterprises, serve processing. It was acquired by X, formerly at Imperial by Bill Gates and Rishi Sunak
Entrepreneurship and our network of hackspaces, as a trusted partner for industry, and act as a powerful Twitter, to enhance the social media company’s in February 2023.
incubators and accelerators. Our network of business catalyst for UK economic growth. live and video offerings.
angels supports our students and staff as they DTPrime is backed by the Institute for Deep
turn their ideas into prototypes, their prototypes → Imperial spinout Nexeon is a global leader Tech Entrepreneurship and helps Imperial staff
into startups, their startups into scaleups, and their in silicon anode material development for take their science- and engineering-intensive
scaleups into world-changing businesses. lithium-ion batteries, and is set to make a major commercial ideas to ‘cross the chasm’ from
“Science Capital Imperial contribution to the future of rechargeable commercial concepts to high-value, investable
Next: We have reshaped our spinout formation battery technology. propositions.
process, Imperial Founders Choice, which offers is a natural next step in
both entrepreneurs and investors clear, fair and our work to make Imperial → Founded by an Imperial Master's student, MedtechONE is a centre of excellence to support
competitive rewards. Koalaa has developed a range of soft prosthetic MedTech entrepreneurs across Imperial.
a global centre of gravity limbs that are light, comfortable and suitable
The next phase of our White City Deep Tech for scientific innovation even for very young children. MedTech SuperConnector empowers early-
Campus will allow us to increase our capacity to career researchers to translate academic insights
host more startups, scaleups, and industry partners and entrepreneurship. from the arts and sciences into early-stage
and co-locate with other knowledge organisations. It will fuel experimentation medical technologies.
The development of the Imperial WestTech
Corridor (page 32), in partnership with local and and enable Imperial’s AI SuperConnector is here to find and support
national government, our NHS partners and business visionaries to turn their the next generation of UK-based AI startups.
community, will create the kind of vibrant innovation
ecosystem required to compete for major big ideas into trailblazing
international investment. companies that will

With support from alumni and investors, we will drive progress.”
establish Science Capital Imperial, a new venture See Imperial’s innovation ecosystem
fund to provide Imperial’s entrepreneurs access to Professor Ian Walmsley, Provost on the next page.

16 17