Oxford firm secure place on Geovation start up support programme

By Stephen Emerson

25 April 2022

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An Oxford start up firm who specialise in military specification security systems has been awarded a place on an Ordnance Survey supported Accelerator Program run by Geovation.

The company, Archangel Imaging, is one of six Geospatial data or Property Tech companies to be welcomed onto the prestigious programme. The aim of the project is to propel start-ups to the next level, with the programme tailored to suit each start-up and their individual founders.

The other start ups to join Archangel as cohorts on the course are Honeycomb Network, Soil Benchmark, Pluto, Zero Down Lease and Collaborative Conveyancing.

The year long project is funded by HM Land Registry includes a bespoke package of financial support, worth over £100k per start-up, equity-free grant funding, a 12-month residency in the data hub (6 months of which includes intensive support from industry experts), workshops, coaching and access to cutting edge data from OS and HMLR.

In the three years since the Geovation Hub opened, businesses that have entered its Programme have so far raised £19.5m in investment funding and created 189 new jobs.

Carly Morris, Head of Geovation, said: “We are delighted to welcome these new start-ups to our Accelerator Programme.

“Our mission is to bring innovations and disruptors together to create a driving force that leads the charge in geospatial innovation because we know that innovation and fresh ideas have a positive impact on people, the planet and profit.

“So far we have supported 137 GeoTech and PropTech start-ups who have gone on to create 1,759 new jobs and raise over £116m in funding.”

Andrew Trigg, Chief Geospatial and Data Officer at HMLR, commented: “We’re pleased to launch the latest cycle of the Accelerator Programme and we’re delighted to welcome the new cohort of start-ups.

“Over the course of the programme it will be fascinating to see how their initial concepts are transformed into something sustainable. I wish them the best of luck and I look forward to seeing the positive and original impact they will have on the property industry.”

By Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset.

Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users.

He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.