Connected Places Catapult connects mobility SMEs with investors
Posted: 27 March 2020 | Sam Mehmet (Intelligent Transport)
Connected Places Catapult (CPC) hosted a pitch day at The Shard in London which saw some of the capital’s, and the UK’s, most influential venture capitalist and angel investors attend to hear about the projects currently underway by the company’s SME Programme.
Connected Places Catapult (CPC), which aims to grow businesses with innovations in mobility services and the built environment, hosted a pitch day to connect investors with SMEs that are part of CPC’s programme.
The ‘Smart Places and Urban Mobility’ Showcase put forward high-tech SMEs from the urban innovation and mobility sectors to showcase their innovation in front of the investors.
In order to deliver the day, CPC joined forces with Mathys & Squire, SeedLegals and Raising Partners to curate a showcase of 10 innovative SMEs who are operating in, and are reportedly ready to scale across, a number of areas including smart transportation, IoT, urban infrastructure, shared mobility, AI, circular economy, safety and security and more.
Many of the SMEs were alumni of the Intelligent Mobility Accelerator. Collectively, these companies have raised over £33 million across three accelerator cohorts and engaged, or are engaging, on over 28 trials with our commercial partners including Hyundai, Stagecoach, Network Rail, Amey, Ferrovial Services and Telefonica.
Alex Weedon, CPC’s SME Director, said: “At this event, SMEs gained new leads that will help them raise investment to take their products and businesses to the next level. The SMEs put themselves in the best possible position to win investment in the day by attending a pitching masterclass organised by CPC and in partnership with Mathys & Squire, SeedLegals, and Raising Partners.”
Alice Johnson, CPC’s Accelerator Programme Lead, added: “Connected Places Catapult works with over 1,400 SMEs, and we’re always exploring new ways to bring integral parts of the eco-system together. This investor pitch day was a fantastic collaborative effort which resulted in selecting a handful of the UK’s leading transport and smart city innovators, and offering them the opportunity to pitch to a mixture of over 60 angel investors and venture capitalists at our first showcase event.”