Scannetix named Southampton winner of South East Startup Roadshow
A start-up company, which is developing an innovative solution to utility strikes (accidental contact with underground pipes and cables) was judged the Southampton winner of the South East Startup Roadshow.
The event was hosted by South East Angels - a community for angel investors in the region - and the winner was Scannetix, founded by Jamie Tong.
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Three years ago, Tong witnessed a utility accident which resulted in a colleague being injured.
He wanted to explore what had happened and how to prevent it, so he carried out a research paper sponsored by The Chartered Institute of Building (CIOB) and The Worshipful Company Of Constructors.
Partnered with Innovate UK, Scannetix are working on developing a product is called B-UDS, which is set to become the new gold standard of excavation, standardising methodology and most importantly saving lives, whilst supporting UK infrastructure.
"The standard of pitches at this event was extremely high. Jamie delivered an excellent pitch that used the perfect combination of storytelling and data, leaving an imprint in everyone’s mind long after the pitch," said Kristina Pereckaite, director of South East Angels.
"Scannetix is solving a really important problem and I think there is huge potential in this space and Jamie and his team are great contenders to solve it with their innovative solution.”
Tong added: "Being able to pitch Scannetix at the Southampton event was a privilege and has allowed us to accelerate our funding round.
"We look forward to closing deals from this event to develop our much-needed life-saving device. Thank you to South East Angels for having us and to the judges for awarding us the best pitch."
In the UK, 60,000 utility accidents occur every year. That is 164 a day, every day, all year round. These have significant implications to businesses, personnel and the community.
Founders, investors, and key stakeholders came together in Southampton for the startup event as part of the South East Startup Roadshow event series.
South East Angels is running the roadshow event series in partnership with NatWest with the aim of showcasing early-stage startups around the South East and building stronger connections across the regional startup community.
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