FILAMENT STAC, Scotland’s first Smart Things Accelerator Centre, has selected its first cohort of Internet of Things (IoT) companies for its Smart Things Accelerator, an 18-month programme which commences at Skypark in Glasgow on Monday 11th October. The companies picked for the first cohort include a business developing ‘counter-drones’, a new venture that produces wearable devices to help babies sleep, a startup whose technology can predict when boilers are going to break down, and a solar energy specialist helping farmers heat their water supplies for free.
Filament STAC was launched in August as a pioneering industry-government partnership aimed at producing Scottish IoT companies capable of scaling and competing on a global level, with a 3-year target to create more than 25 IoT companies supporting around 750 jobs, reporting revenue in the region of £750 million, and cohort companies raising investment in excess of £100 million.
The initiative is supported by Scottish Enterprise, CENSIS (Scotland’s Innovation Centre for sensing, imaging and IoT technologies), Glasgow-headquartered product design firm Filament, and Plexus Corp, a global leader in complex design, manufacturing, supply chain and aftermarket services.
The full list of companies selected for Filament STAC’s first cohort are: Acu-Flow (trading as Nebu-Flow) who develop next generation nebulisers for inhalation drug delivery; cybersecurity specialist Lupovis; ‘counter-drone’ startup Gibson Robotics who are developing drone technology to protect airspace from aerial threats; Toto Sleep, a wearable device for infants that tells parents when their babies are ready to sleep; Lynkeos who develop imaging algorithms which reconstruct density maps within shielded objects including nuclear waste containers; Glasgow-based Radisoft who produce sensors that predict gas boiler breakdowns; startup WashR who are addressing the environmental impact of single use cups; Aberdeen-headquartered IoT asset tracking developer Jirasoft; gym and home training sensor technology startup BGR; industry 4.0 solutions provider 5G3i, and; solar thermal technology specialist Soltropy.
Filament STAC, which plans to open international offices in Singapore and Canada over the next two years as launchpads into the Asian and North American markets, is also set to announce a series of additional Scottish, UK and international partnerships over the next few weeks and months.
Filament STAC CEO Paul Wilson said: “We always knew there was great early stage technology talent in Scotland’s IoT space, and that’s been borne out in the companies we’ve been able to select for this first cohort. Our aim is quite clear, we want these companies to become globally competitive within two years, capable of exporting across the world and stacking up against the best players in their respective markets. We have secured some really interesting partnerships with more in the pipeline, including with some of the biggest technology companies on the planet, and that’s going to be a big differentiator for Filament STAC going forward.”