University is the ideal place for startups. Mostly, universities have ambitious and smart people that give impetus to startups. Universities are multi-disciplinary hubs that allow people to interact with each other. These all facilities give rise to innovative ideas that lead to startups. Moreover, there is more space for taking risks in university life. People experiment and gauge both success and failure. Universities also support and encourage youth to take entrepreneurial steps. Sometimes universities also provide momentary support along with their research labs. Here are some of the popular startups emerging from universities which you should know:
LatticeFlow:
LatticeFlow is an emerging startup from the university ETH Zurich. It was founded in 2020. This company is working to deploy reliable and predictable artificial intelligence in organizations. LatticeFlow is endeavouring to empower organizations with strong artificial intelligence.to increase the efficiency and productivity of organizations. In 2020, LatticeFlow got the funding of approximately €1 million to improve its Artificial intelligence modelling and datasets.
Earlysight:
Earlysight is one of the great startups emerging from universities. It was started in the lab of École Polytechnique Fédérale de Lausanne (EPFL), a research institute and university in Lausanne, Switzerland. It has revolutionized medical technology related to eyesight. It has developed a medical device that can detect retinal disease in the early stage. The detection of retinal disease in the early stage can avoid serval complications. Furthermore, it helps in the effective treatment of disease. The company is rapidly growing day by day.
Dimpora:
It is another startup that emerged from ETH Zurich. It is playing an important role in controlling the degradation of the environment. It is helping to create biodegradable outdoor textiles. It aims at delivering eco-friendly outdoor textiles to let the user appreciate nature responsibly. It has already collected €1.9 million to continue protecting the environment while creating biodegradable products.
Echopoint Medical:
Told by an assignment help firm, Echopoint is another popular startup emerging from university College London. It was founded in 2018. It is playing a vital role in medical technology by improving the precision of treatments for heart disease. It is helping to save the money of patients. In addition, it is assisting to avoid unnecessary surgeries by recommending the use of medicines. It is giving a clear insight into diagnosis and treatment plans to doctors and heart patients. It uses optical sensing technology to make the treatment clear. The team of Echopoint medical raised €3.5 million for developing this optical technology.
Hedera-22:
Hedere-22 is a Belgium based startup emerging from the University of Liège. Hehera-22 is a biotech company endeavouring to give impetus to the discovery of new molecules. It will prove to be useful in human medicines and the agricultural industry. A lot of prominent agro-based companies are eager to invest in this startup so that can produce new molecules. It has raised €1 million from an international agrochemical company called Globachem.
thingsTHINKING:
thingsTHINKING is a tech-related startup that was emerged from the Karlsruhe Institute of Technology, Germany. thingsTHINKING was founded in 2017. This Artificial intelligence startup has created a platform called Semantha that uses natural language processing to enhance the experience of customers. Most recently, the team of thingsTHINKING has raised funding of €4.5 million further. This impressive funding will be used to grow the technological clout of the company. It is also assisting Amazon Web Services (AWS) and Microsoft.
Axiles Bionics:
Axiles Bionics is an emerging startup from university to facilitate the life of amputees. It is the startup of research university, de Vrije Universiteit Brussel. It is amalgamating advanced robotics and biomechanics of humans to improve the quality of amputees. It is developing advanced ankle mimicking prosthetic foot(AMP-foot) for lower limb amputees. The company got the financing of €2.4 million, in 2019, to build the lower limb prosthetic.
Phononic Vibes:
Phononic Vibes is another great startup emerging from universities It is a Milan-based startup that emerged from a university, the Politecnico di Milano. It is providing a new technology to control noise and vibration with an approach to benefit society, businesses and the environment. In short words, it has adopted a circular economy approach. It received about €2.3 million of funding in 2020 to invest in the development of the product. Furthermore, to expand the portfolio of clients.
Voliro:
Voliro is a promising startup emerging from Eidgenössische Technische Hochschule (ETH) Zürich. It was founded in 2019. It has developed advanced airborne robots for examining and monitoring critical areas. these critical areas include bridges, ship hulls, and pipes. These areas are difficult to be checked and monitored by humans. In 2020, Voliro raised an approximate €1.9 million seed round. It was led by Alpana Ventures. Furthermore, it collaborated with BackBone Ventures, Zurcher Kantonalbanka and some other prominent groups.
In Conclusion:
To conclude, Universities are the turning point in the lives of people. More successful startups like Voliro and Echopoint medical can be expected in future. Universities need to provide access to on-campus entrepreneurship resources. A little step by universities can increase the number of startups emerging from universities. Universities can start by providing special workspace along with mentorship programs to build an ideal platform for entrepreneurship. Furthermore, universities need to promote cross-campus teamwork to give rise to entrepreneurial ideas. These successful startups ultimately lead to swelling the prestige and honour of ta university. So universities must make a conducive environment to let the germinate new innovative and creative startups.
