The Bayes Wayra Accelerator - 2
Discover the companies that took part in Bayes Wayra Accelerator from June 2019 - December 2019.
Ifeyinwa Rita Kanu is the founder and Director of IntelliDigest Ltd following the completion of her PhD in Environmental Engineering at Heriot Watt University, Edinburgh working with global waste management company-Veolia as industrial partner. Ifeyinwa has a great vision to change the paradigm on food waste focusing on the hospitality and food sector. More importantly, building on her vision, Ifeyinwa has set up and currently trialling with Marriott Hotel an IntelliSavers platform- a free to use match making platform that allow hotels/restaurants to share their surplus food (edible food waste) to ethical people that will not want food go to waste at a discount. Ifeyinwa is currently working with experts and building the team at IntelliDigest.
Problem
Food waste Globally = 1.3 Billion tonnes = $1 Trillion. UK Hospitality sector = 1 Million tonnes = £2.5 Billion. Food waste recycling cost per month/hotel = £1,500
Solution
An automated bio-upcycler (iDigest) that converts food waste to biodegradable materials used in additive manufacturing such as 3D printing.
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NetOP Technology (2017) develops IoT-solutions and infrastructure based on Low Power Wide Area Networks (LPWAN). NetOP offers carrier-grade IoT platform(s) with a growing ecosystem of marketplace partners. A wireless LPWAN for sensors and devices with an operating system and middleware that enables seamless connection between sensors and web applications. NetOP Technology is a member of the LoRa Alliance™, Mobile IoT Innovator of GSMA, SIG member of Bluetooth Alliance.NetEN is part of NetOP Technology with focus on the energy sector.
Problem
Electricity distributors want to improve visibility of their network. More detailed information is needed to improve the quality of their service, reduce cost and meet the challenges created by Distributed Energy Resources (DER) such as solar panels (PV) and electric vehicles (EV). As electricity systems become more decentralised, Low Voltage (LV) network insights will allow electricity distributors to manage DER impacts, connect and orchestrate them more cost efficient.In Europe, most electricity distributors monitor the electric load on the network only down to the medium voltage feeder level. Most of the problems happen at LV feeder and customer level, e.g. est. energy theft for UK GBP 400 m, illegal cannabis farming in NL EUR 200m.
Solution
NetEN has developed a patented low voltage (LV) IoT-sensor that monitors different variables of the electricity load, like voltage, intensity, harmonics, etc. The device streams data in real-time from the substations (feeders) to the cloud. The Artificial Intelligence-powered cloud platform performs signal analysis, looking for anomalies through pattern recognition. The electricity distributor is given insight in the state of the LV network and gets an alert if anomalies occur.On top of this NetEN developed algorithms to detect and explain anomalies, like: electricity theft, electricity fraud, illegal cannabis farming and more.
Evangelos Pappas - CEO is a technologists and tech entrepreneur experienced in leading technical teams and projects. He was involved in delivering R&D and projects for corporations like Shell, Disney, GS1, ClearScore and Vibrant Media. As a first startup in the space of tech innovation, Evangelos had invented and successfully launched a platform for SMS promotions back in 2011 in Greece, what Nexmo and Twilio is now.Gabriele Cacciola - has engineering in his DNA: focused and visionary about tech. His experience as Big Data in the Fintech space with ClearScore (since they were a small startup to the worldwide scale it is now) followed many years spent in high tech startups and corporations. When is not busy directing Ocyan’s tech work, he works along with AWS to present his Big Data serverless platforms and support other startups in this journey.
Problem
Peer-to-Peer (P2P) technologies are disrupting markets and rapidly gaining traction in all industries. Merging new technologies with enterprise-grade systems is complicated. It requires a "Cloud Operating System" that can deploy, manage and connect legacy infrastructure with any kind of P2P technology. Ocyan enables the disruption of traditional industries with emerging technologies. Providing an end-to-end cloud solution for enterprise blockchains is only the beginning.
Solution
Ocyan is a cloud-managed solution that provides all the required infrastructure, automation, monitoring, integrations and analytics, beyond just a Blockchain as a Service, to give organizations the ability to bridge the visibility, ease to integrate and scale across their cloud architectures to any DLT/Blockchain network. Because modern applications are distributed with business operations and data spread across multiple managed services and APIs, automating the required DLT nodes is not enough. Ocyan provides the ability to scale instantly and gain deeper insights into application’s interaction with any DLT integration.
Oodls reduces the time spent by businesses looking for quality user-generated content to use in their marketing through filters powered by artificial intelligence. This reduces the noise that would have been given through the native Instagram app, by only displaying the most relevant content in the search results. In addition to this Oodls organises the Instagram user’s permission and license agreement through automation. We are a team of 7 with more than 30 years of software development combined, as well as 25 combined years in the visual content space
Problem
Businesses need an effective way to utilise user-generated content from Instagram, without the fear of infringing on the Instagram users copyright. Instagram users need a trustworthy service which will manage the way businesses repurpose their content and to be paid in a timely manner.
Solution
Creative professionals need quick, accessible visual content but, hate the cheesy & unauthentic stock photography. Oodls brings to the market a licensing service exclusively focused on Instagram, providing marketers and brands with an end-to-end solution to access user generated content at scale.
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SageCity is a blockchain platform which connects enterprises with the tools and resources they need in order to make their business thrive. We re-invent internal processes and business structures with our side-chain technology to save time, money, and create new opportunities and revenue streams.
Problem
SageCity provides an easy to use and customisable financial tools. This means our users can automate and streamline their existing data processes to save money and time.With our client example, we were able to bypass their payment processor by using tokens to represent money within the platform. Which meant their fees were brought from 25% down to 3% - an 88% decrease.
Solution
Many businesses depend on facilitators and middlemen to process and maintain their data and money. Entrepreneurs are being taken advantage of by these middle men and their vision is put at risk.To give an example, one of SageCity’s first clients, who sell digital micro-content online, were being charged 25% per transaction with their payment processors - an unacceptable fee.
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Trace® help businesses protect, visualise and find personal data and streamline Data Protection regulatory compliance. Trace’s secure Software as a Service (SaaS) platform delivers bite-sized data governance and global personal data location visualisation so that organisations can tackle privacy and third party risk and legal gaps. Trace was founded by Sorcha Lorimer, a qualified Privacy professional with over a decade in Digital and Data leadership. We’re a diverse and international team with deep subject matter expertise and strong technical experience, brought together by a shared belief in data ethics and a passion for intuitive software.
Problem
Traditional compliance is manual, time consuming and error prone. 57% of UK global businesses report gaps in meeting the GDPR and are spending an average of £840k per annum on compliance. And yet the global burden is increasing - we’re in a new era of privacy with new legislations making Data Protection regulation more onerous and stringent. The market needs a scalable and manageable solution.
Solution
Our software offers guided, engaging and streamlined compliance and easy personal data modelling. Trace delivers evergreen inventories to meet Article 30 of the GDPR and our unique global personal data visualiser means organisations can see data locations, understand the legislative context and manage third party, legal and privacy risk.
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Trade in Space are a small team of experts in our field. Founder, Robin Sampson has been an expert in satellites for over a decade he noticed that the fastest growing user-community of satellite data were farmers.Robin has brought onboard expert software developers and GIS doctorates from the University of Edinburgh, He’s partnered with agricultural institutions in Brazil, and agri-trade organisations in Switzerland, he has developed powerful products which inform buyers, and assist farmers of all scales to access direct trade markets and sell their produce.
Problem
One of the most persistent challenges faced by food producers, is a lack of access to market when it’s needed most, and the UN have advised that climate change will only exacerbate that problem.Global Trade is inaccessible for most of the world’s food growers, this is because trading fees are far too expensive – agricultural commodity trading fees amount to half a billion per day! Using coffee as an example, a single trade can cost $5 in fees – unaffordable for the smallholder coffee farmers who make up 80% of the world’s coffee growers.Buyers also lack the trust which is implicit with formal trading houses. For European buyers travel to south American coffee farms can be time consuming, expensive and logistically difficult.
Solution
We use the uniquely global perspectives that satellites offer. We feed earth observation images into ecological and AI models to enable to satellites to act as trusted agri-commodity brokers, and trusted regulatory compliance auditors.We’ve created a blockchain powered direct trading service. We tokenise the agricultural assets we see from space, and empower smallholder farmers to make direct sales with European buyers. We can increase transparency of provenance for buyers. And farmers benefit from the useful farm data we can provide, such as yield and yield prediction.Trade in Space can connect buyers with sellers.
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Travamigos is an app, backed by Skyscanner and Hostelworld that allows solo travellers to connect with groups of likeminded adventurers heading for the same destination. We capitalise on the fact that people are more autonomous than ever, and don’t need to pay extortionate prices for an organised tour provider to plan and guide their trip.
Problem
Backpackers feel lonely, unsafe and pay extortionate prices before and during their adventure. Organised trips such as STA Travel and Gap360 are expensive, they offer no freedom or flexibility and they do not give backpackers the chance to meet each other before they arrive. Travel buddy apps are dated, badly designed, not user friendly, and create a sleazy 1-1 dating culture, which is awkward and unsafe.
Solution
A modern, user centric, deep tech app that allows solo travelers to connect with groups of likeminded adventurers heading for the same destination. With our facilitated partners, such as Skyscanner and Hostelworld, users can plan and book everything with ease at cost price, and tailor their itineraries to suit personalised needs.
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PicoJar (a Trippo product) is a productivity app that revamps the way people consume information. In the digital age, we spent countless hours consuming content, but often, we fail to make use of what we learned when we need it, simply because we forget. Picojar is more than a digital notebook, it comes with an AI-powered workflow that reduces the cognitive effort required to turn external information into your internal knowledge every step of the way. The creator, Siwei, previously an Engineering Manager at Skyscanner and Amazon, has pivoted her business from a travel-focused app to a general-purpose tool, aiming to help everyone effectively manage their information, and therefore improve their attention and unleash their creativity.
Problem
In today’s world, the sheer amount of information we encounter daily has grown well above our mental capacity. We’re frustrated with not being able to retain and make use of the information we consumed - on average we forget 70% of what we learned in a month. People have experimented with various Notes apps or note-taking methodologies in hopes of improving personal productivity but often find it hard to stick to. In general, there are a few mental blocks preventing people from adopting a note-taking habit:1. Consuming content while taking notes requires constant shift in attention. Multitasking can result in time wasted due to context switching.2. Our recognition memory fades away over time. In other words, we forget how to access the information we’ve saved.3. Different types of Information serve different purposes: memento, inspiration, situation-specific etc. We often collate information to one tool, but then have to transfer information into a different tool in order to make use of it.
Solution
PicoJar is an application of RPA (Robotic Process Automation) concept in the personal productivity space. Utilising screenshots, photos and notes to capture data, PicoJar can perform on a vast variety of repetitive tasks. Underpinned by findings in Cognitive Science, Picojar invented a workflow that helps you effortlessly save time and get more done. To address the 3 problems mentioned above:1. Leveraging photo/screenshot technology, PicoJar lets you save any idea from anywhere in less than 2 seconds without switching context.2. There is a mandatory but gamified active sorting process at the end of the week, which helps reinforce your memory using Spaced Repetition.3. Every type of Jar in PicoJar can be attached with a workflow, aka, Recipe, that automates routine processes and connects with other apps, so you can get more done all in one place.