Three Scottish companies chosen to join AI Growth Programme
Three Scottish companies have been chosen to join the AI Growth Programme, aimed at supporting the UK's leading AI scaleups.
Tech Nation announced the three companies – Continuum Industries, Machine Labs and Talking Medicines – among a total 32, as part of the UK Government's AI Sector Deal.
Designed to champion and support the UK’s deep tech scaleups through peer-to-peer learning and mentoring sessions, the AI Growth programme was established to address scaling challenges for companies in the AI sector.
Two of the companies are based in Edinburgh, with Machine Labs, which develops automated email marketing for ecommerce stores, and Continuum Industries, used to design complex infrastructure projects, both selected.
Meanwhile Talking Medicines, based in Glasgow, uses conversational AI and self-reporting through connected devices and smart surveys to provide data-driven, dynamic market intelligence for drug companies.
Harry Rhys Davies, AI programme lead at Tech Nation, said: “The UK must take every opportunity to nurture scalable, globally-competitive, homegrown AI companies that solve real problems and have far-reaching impacts on the productivity potential of the economy.
“The Applied AI growth programme aims to do exactly this, taking 32 of the UK's most exciting AI scaleups, and through peer-to-peer learning and mentoring removing many of the unique barriers to growth that companies in this sector face. Backed by leading VCs and led by an exceptionally talented group of founders, this cohort of companies is primed to make an impact.”