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Apr 18, 2017 · bdaily.co.uk
Two London-based startups have been confirmed as finalists for a major international innovation competition which could see them snag $50,000 in funding and partner with consultancy firm Capgemini.
Universal banking app Bud and medical tech firm Cupris, which turns any iPhone into clinical-grade stethoscopes and other devices, are to compete with eight other finalists in Capgemini’s InnovatorsRace50 pitching competition in Paris this summer.
The pair, who have both been born and bred in the capital, have fended off over 900 early-stage companies to reach the final stage of the innovation competition where they will go up against startups from Canada, India, France, Germany, Sweden and Australia.
Brick Lane’s Bud has received a lot of early hype for its all-in-one financial app which brings together a user’s disparate financial apps into one interface to help them better manage their money.
Meanwhile Cupris, which is based in The Busworks site in North London, has already secured trials with hospitals in Medway for its app and add-on device which turns any iPhone into a stethoscope.
As the UK’s sole finalists in the competition, the two startups will now benefit from access to the global consultancy company’s network of tech experts and be exposed to Capgemini’s Applied Innovation Exchanges (AIG), its global innovation platform which will support the development and testing of the startup’s products.