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UK’s Department for Business and Trade Announces Winners of Unicorn Kingdom Pathfinder Awards, Backing Next Generation of Tech Scale-Ups

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Four tech scale up companies announced as winners of the Unicorn Kingdom Pathfinder Awards (UKPA) across innovative categories such as AI and cyber security.Programme aims to nurture the world’s most talented scale ups within the UK’s tech ecosystem and help them establish a base in the UK economy.The UK has more unicorns than France and Germany combined and continues to be a prime destination for tech businesses from across the world.

LONDON, Nov. 15, 2024 /PRNewswire/ — Four innovative tech scale up businesses tackling challenges from connecting cancer patients to clinical trials, to improving IT systems’ resistance to cyber-attacks, have been announced as winners of the Unicorn Kingdom Pathfinder Awards (UKPA) – DBT’s largest global awards for tech scale up companies. 

The awards, hosted by the Department for Business and Trade (DBT), provide a unique opportunity to unearth the most promising businesses in tech and builds on the success of the UK’s Tech Rocketship Awards in 2023, which resulted in £67.4 million investment into the UK.  

The government is focused on transforming the UK into even more of a magnet for investors and global businesses of all shapes and sizes. The awards serve as a reminder that the UK is the place to do business, helping to advance further opportunities for investment and growth.

Finalists were drawn from four categories: AI, Cyber Security, Connected and Automated Mobility (CAM) technology and Digital Trade Solutions.  

The winners were announced yesterday at LinkedIn’s HQ in London, where the 10 finalists pitched to a leading panel of judges from the tech industry. They also heard from entrepreneur Alpesh B Patel OBE in a fireside chat, alongside panellists Envisionit Deep AI and Shopline – two successful businesses that have set up in the UK.  

The winners will also attend a roundtable at No10 to discuss their success at the awards and explore ways in which the UK can maintain its position as a premier destination to grow a business.  

Minister for Small Businesses Gareth Thomas said:  

“We have a thriving tech sector worth over $1 trillion, and our Pathfinder Awards are vital in encouraging more tech scale ups from around the world to do businesses here in the UK.  

“Not only does the UK have more unicorns than France and Germany combined, but our country continues to be a prime destination for tech businesses from across the world to come and succeed.”  

Winners of the UKPAs will receive a tailored growth programme to scale up their business in the UK, including support from leading industry and government sector specialists and expertise from DBT’s Global Entrepreneur Programme.   

Winners:  

AI: Massive Bio – an AI-driven platform connecting cancer patients to bio-pharmaceutical clinical trials. The primary goal is for individuals with cancer to be directed to clinical trials tailored almost precisely to their specific condition through accurate and rapid analysis.Cyber Security: CyLock- provides a simple solution to test IT systems’ resistance to cyber-attacks, facilitating ready-to-implement solutions for clients to overcome cybersecurity vulnerabilities.Digital Trade Solutions: Grubtech – empowering restaurants and grocery chains to adopt omnichannel capabilities without the burden of changing core solutions like point of sales.Connected and Automated Mobility: Bottobo – specialises in developing robotics solutions designed to streamline industrial processes and enhance operational efficiency. Mainly focusing autonomous mobile robots (AMRs) and software platforms revolutionising the way warehouses and distribution centres fulfil orders.

Cagatay Culcuoglu, Co-founder and Chief Technology Officer at Massive Bio said:

“It’s amazing to win the UKPA award for AI. The UK is a great place to expand globally and for business operations. We are looking forward to building our footprint in Commonwealth nations with the support of DBT and help cancer patients identify the right clinical trials.”

Diego Padovan, Chief Executive Officer at CyLock said:

“In cyber security, trust is something that is essential to provide your products. This kind of competition is crucial to building trust with our customers.”

Mohamed Hamedi, Co-Founder and Chief Technology Officer at Grubtech said:

“It’s great to have the UK as a base to accelerate our global expansion. Thank you to DBT for supporting us to open doors, remove barriers, and helping us to hit the ground running.”

Sancak Gülgen, Co-Founder of Bottobo said:

“We really appreciate the support from the UK government for startups and future unicorns. The most important part is that they have a clear plan for the future needs of the technology and focus for us.”

Increasing investment is a mission at the heart of this government. Britain is back and open for business, and our thriving tech sector, already worth $1.1 trillion, shows that the UK is the investment destination of choice.  

The UK is one of only three economies in the world with a trillion-dollar tech sector, closely behind the US and China, and we’re encouraging more tech scale ups to come to the UK and operate here.  

Our new Industrial Strategy will be international from the start, taking learnings from the best of what has been achieved globally. It will build on the UK’s strengths to support even more international businesses to thrive in our market. That’s why digital and tech is one of our growth sectors that will be a focus of the strategy.  

Full list of finalists:

AI:  

Massive Bio – An AI-driven platform connecting cancer patients to bio-pharmaceutical clinical trials. Pix Force – Specializes in developing artificial intelligence algorithms applied to computer vision.Westwell – One of the first companies in China to develop autonomous container trucks. Tessact – An AI Video Tech company which uses video recognition technologies built on advanced machine learning systems. 

Digital Trade Solutions: 

Gallarus Industry Solutions – Provides Intelligent Machine, IT & OT solutions that make smart decisions easy for customers. Grubtech – Empowers restaurants and grocery chains to adopt omnichannel capabilities without the burden of changing core solutions like point of sales. 

Connected & Automated Mobility (CAM):

MooVita – Curates smart mobility solutions to roadworthy autonomous vehicles for urban municipalities worldwide. Bottobo – Specializes in developing robotics solutions designed to streamline industrial processes and enhance operational efficiency. 

Cyber Security: 

CyLock – AI-powered B2B SaaS cybersecurity platform that analyses any IT system automatically and remotely without the need for technical knowledge, installation, configuration or maintenance. Cyberdes – Cyberdes provides AI meets semiconductors in the field of cyber security. 

Notes to Editors  

Full details of the awards can be found here: great.gov.uk/ukpa.More information on the Global Entrepreneur Programme can be found here: https://www.great.gov.uk/campaign-site/gep/The expert panel of judges included DBT Director of Investment John Edwards, Deputy Chief Scientific Adviser Tim Kay, Co-Founder of Blue Lake VC Lyuba Guk, and Group Operations Director of Founders Forum Ellie Steel

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BOLLINGER MOTORS PARTNERS WITH NATIONAL AUTO FLEET GROUP FOR GOVERNMENT FLEET VEHICLE SALES

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Bollinger B4 Class 4 Electric Trucks Provide Electrification Solution Through NAFG Sourcewell Contract Agreement

OAK PARK, Mich., Nov. 15, 2024 /PRNewswire/ — Bollinger Motors, Inc., a commercial electric vehicle (“EV”) manufacturer, today announced it has partnered with National Auto Fleet Group (NAFG) to sell its all-electric Class 4 Bollinger B4 commercial trucks to government agencies through NAFG’s Sourcewell-awarded contract #032824-NAF.

“Bollinger Motors is excited to work with National Auto Fleet Group to bring the Bollinger B4 to one of our most important customer groups, government entities at all levels,” said Jim Connelly, chief revenue officer of Bollinger Motors. “Government agencies and municipalities are often early adopters for electrification and electric vehicle fleets. We look forward to partnering with NAFG, and their history of bringing innovative products and solutions to this important segment.”

The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4 commercial truck designed from the ground up with extensive fleet and upfitter input. The vehicle has a range of 185 miles and a payload of 7,394 lbs. Bollinger’s unique chassis design protects the 158-kwh battery pack and components to offer unparalleled capability, performance and safety in the commercial market. The Bollinger B4 is an excellent fit for commercial and government/municipal fleets looking for a world-class truck, capable of performing a variety of job functions.

“At National Auto Fleet Group, we take pride in helping municipalities find and manage their fleet vehicles,” said Ben Rodriguez, HD Manager of National Auto Fleet Group. “The Bollinger B4 is an excellent addition to our vehicle portfolio and will help fill a key product need for multiple government organizations developing electrification strategies.”

Sourcewell is a self-sustaining government organization, with more than 40 years of dedicated service helping government, education, and nonprofit agencies operate more efficiently through a variety of solutions. NAFG is a vehicle vendor catering to government agencies and municipalities across the country. The agreement with NAFG provides Bollinger Motors a conduit to winning more government contracts.

Bollinger Motors has passed numerous milestones in the past several months, including:

Its production launch on Sept. 16;Regulatory achievements including FMVSS compliance, receiving the Certificate of Conformity from the Environmental Protection Agency, and CARB certification;A 145-vehicle agreement with Momentum Group;A 70-vehicle agreement with Doering Fleet Management;A 50-vehicle agreement with EnviroCharge;The addition of Anderson Motors, TEC Equipment, Affinity Truck Center, Nacarato Truck Centers, Nuss Truck & Equipment, and LaFontaine Automotive Group as dealers and service centers;Working with Our Next Energy in Novi, Michigan, to supply battery packs;Providing a full warranty coverage of the B4 chassis cab; and,Announcing Syncron as its warranty administration partner and Amerit Fleet Solutions as its mobile service provider.

ABOUT BOLLINGER MOTORS

Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a U.S.-based company headquartered in Oak Park, Mich. Bollinger Motors is developing all-electric commercial chassis cab trucks, Classes 4-6. In September of 2022, Bollinger Motors became a majority owned company of Mullen Automotive, Inc. (NASDAQ: MULN). Learn more at www.BollingerMotors.com and www.MullenUSA.com.

FORWARD-LOOKING STATEMENT

Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Motors and are difficult to predict. Examples of such risks and uncertainties include: (a) Bollinger Motors’ continued partnership with NAFG and NAFG’s ability to sell Bollinger Motors vehicles; (b) Bollinger Motors’ ability to finalize a sales agreement with Momentum Group, Doering Fleet Management, and EnviroCharge and deliver purchased vehicles on schedule; (c) Bollinger Motors’ continued partnership with Nacarato Truck Centers, TEC Equipment, Affinity Truck Center, Nuss Truck & Equipment, and LaFontaine Automotive Group; (d) Bollinger Motors’ continued partnership with Our Next Energy as a battery supplier; (e) Bollinger Motors’ continued relationship with Syncron as its warranty administration provider; and (f) Bollinger Motors’ continued relationship with Amerit Fleet Solutions as its mobile service provider.

Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Motors’ ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Motors’ ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Motors’ ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Motors’ ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Motors’ business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Motors’ business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Motors’ business; (x) Bollinger Motors’ ability to protect its intellectual property; (xi) the vehicles developed will perform as expected and (xii) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Mullen Automotive, Inc., of which Bollinger Motors is a partially owned subsidiary, with the Securities and Exchange Commission. Bollinger Motors anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Bollinger Motors assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether because of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Motors’ plans and expectations as of any subsequent date.

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SOURCE Bollinger Motors

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Furniture.com Launches Deal Finder to Help Shoppers Find Every Single Furniture Deal Online and In-Store this Holiday Season

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Furniture.com’s Deal Finder will source the best deals in furniture

ATLANTA, Nov. 15, 2024 /PRNewswire/ — Furniture.com, today announced the launch of its Deal Finder, a feature designed to connect shoppers with the best furniture and home goods deals online and in their neighborhoods. Deal Finder is the first of many shopper experience tools that Furniture.com will unveil as it grows in the US market.

About the Deal Finder
The Deal Finder aggregates every furniture deal and promotion from recognizable and trusted brands so customers don’t have to worry about finding the best deals in furniture. Customers easily input their location and find the most relevant deals online and near them.

By utilizing advanced algorithms and real-time data analytics, The Deal Finder will match shoppers with furniture that feels like them, is from a brand they trust, and is nearby.  By bridging the gap between consumers and retailers, and clearing out the unnecessary pop-ups and wild goose chases, Deal Finder will empower users to discover discounts and exclusive offers all while finding incredible design.

Shoppers will find deals from brands like One Kings Lane, Rooms To Go, Lamps Plus and more. To start shopping for better deals this holiday season, check it out here.

The Deal Finder is Part of Furniture.com’s Larger Plan to Re-invigorate Furniture Buying for Everyone.
Searching for furniture can be stressful and furniture buying has long been a point of contention for shoppers: 90% of furniture buyers prefer to test out furniture in-person before making a decision while 74% of buyers start the furniture search online. Furniture.com presents buyers with the tools they need to whittle down their furniture search process so that they can make their decisions faster and more confidently.

“Finding the best deal can be overwhelming. Our Deal Finder will help shoppers in a plethora of ways: from cutting down on hours spent online, to finding local furniture they can actually try out, to making sure they are getting the best deals,” said Alex Seaman, SVP and Co-Founder at Furniture.com “With Deal Finder, we are redefining the shopping experience by ensuring that every consumer can find the products they love without the hassle of endless searching.”

Furniture.com uses intuitive tech, AI, and location-based information to help shoppers find better deals and ultimately, the furniture they crave. The platform is set to transform the way consumers shop, making the furniture buying experience easier, more enjoyable and affordable.

“At Furniture.com, we’re focused on innovating the shopping experiences for retailers and consumers alike,” said Dan Bennett, Chief Marketing Officer at Furniture.com. “We’re committed to revolutionizing how we visualize, experience and purchase from brands in the home goods space and Deal Finder is just the beginning.”

About Furniture.com
Furniture.com is a high-growth technology business that is addressing fundamental challenges in the $200 billion U.S. furniture space. We have one mission: Make finding furniture easy and enjoyable. We have built an advanced discovery tool that facilitates, enhances, and streamlines the furniture purchase journey — both for B2C and B2B. Consumers can search across dozens of brands and thousands of products using our proprietary algorithm, AI tools, and comparison filters to find exactly what they’re looking for. For retail partners, we deliver a digital platform that’s been proven to expand their reach with a new, high-intent furniture audience.

Our team is comprised of world-class furniture experts, technologists, and brand builders. We are data-driven, solution-oriented, and general enthusiasts of beautiful designs and experiences. You can find us in one of our two offices, located in Atlanta and NYC.

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SOURCE Furniture.com

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CaloPal: The Calorie AI Assistant That Makes Weight Loss Easier

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NEW YORK, Nov. 15, 2024 /PRNewswire/ — As the focus on healthy lifestyles grows worldwide, CaloPal introduces a groundbreaking AI-powered calorie tracking assistant, providing global users with a simple and scientific tool for weight management. Using advanced AI technology, CaloPal helps users track their daily calorie intake in real time and offers personalized dietary and health management advice, simplifying the health management process and creating a more effective weight loss solution.

Science shows that the core of weight loss lies in balancing calorie intake and expenditure. However, many people don’t fully understand the connection between food and calories, making it challenging to track food calories and plan calorie intake. Previously, people had to manually input data and perform complex operations to obtain relevant information, which made these tools cumbersome and hard to maintain over time. Additionally, earlier health tools such as calorie counter and calorie tracker couldn’t offer personalized dietary advice, making weight control a lengthy and frustrating process. Now, everything is about to change. CaloPal ensures calorie data accuracy while providing users with personalized dietary recommendations, making weight loss a much easier journey.

Nick, the founder of CaloPal, stated, “CaloPal is a revolutionary AI calorie tracking application designed for users focused on health and weight management. We’ve simplified the calorie tracking process with the latest AI technology. Users only need to take a photo of their food, and CaloPal will automatically identify the food type, analyze its components, calculate calories, and provide a nutritional breakdown. CaloPal allows users to effortlessly track their daily calorie intake without manual input, making health management much more convenient and supporting long-term calorie tracking. Additionally, CaloPal offers personalized dietary recommendations based on users’ data, helping them achieve their weight management goals more easily through balanced nutrition.”

CaloPal assists users in controlling weight through the following features:

Smart Food RecognitionReal-Time Nutritional Data AnalysisPersonalized Weight Loss RecommendationsDiet and Weight Tracking

CaloPal is now available for users to try for free through the app (App Store download link: CaloPal on App Store) and the website, Fitness Pal will be released later this month。For more information about this product and the latest updates on CaloPal, please visit our website:https://calopal.ai/

Media Contact
contact@calopal.ai

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SOURCE CaloPal

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