Eight KTH startups creating future jobs
Eight KTH startup projects have been selected for the third edition of the Bicky Chakraborty Entrepreneur Program. Run by KTH Innovation, the program was founded following a five million kronor donation from Bicky Chakraborty, founder of Elite Hotels.
March 6th was the start of the third edition of the Bicky Chakraborty Entrepreneur Program, a program for KTH startups with the will and potential to create growth and prosperity in Sweden.
Eight early-stage KTH startups, developing solutions ranging from calculating the
environmental impact of food production to software for advanced computational simulations, will for one year take part in a tailor-made accelerator program developed by KTH Innovation.
Founder of Elite Hotels Bicky Chakraborty attended the kick-off, sharing how the program is his way of contributing to creating growth in Sweden, as well as paying forward for the help he has received while growing his company.
- I look forward to the day when you come up to me and say that the program was a good start, we made it, Bicky Chakraborty told the participants.
Today, many talk about having an exit-strategy early on, but for Bicky Chakraborty, selling Elite Hotels has never been an option.
- I plan 100 years in advance. With that perspective many people can make it, but there is no one recipe that works for all, said Bicky Chakraborty.
Except for 70 000 SEK in proof of concept funding, the accelerator program gives the selected participants increased understanding of business development, sales and scaling up, through taking part in workshops and lectures throughout the year. In addition, they will be assigned a mentor. KTH alumni and founder of Truecaller, Nami Zarringhalam is one of the successful entrepreneurs who will share his experience with the participants.
- We look forward to hearing the mentors’ perspectives on our challenges, and learning more about how to develop towards the market and scale up, said Pietro Lungaro, who has founded SEEN XR based off his research at KTH Mobile Service Lab on Campus Kista.
Here are the eight startups selected for the program:
Apostar
Apostar is an e-learning tool for pharmacy staff. Using the Apostar app, pharmacy staff can develop their skills, stay updated on new pharmaceutical products, and look up information in conversation with customers.
Team: Taraneh Shojaei, Oliver Petri och Fredrik Sebek
Jaisy
Jaisy has developed a low-cost, non-invasive jaundice detector for newborns. The most common form of diagnosing jaundice is by blood sample, which can cause infection and stress in newborns, and requires hospital staff to have clinical competence. Of the around 100 million children born in developing countries today, around 60% develop jaundice. Jaundice is the cause of 15-30% of all neonatal deaths in those areas. The Jaisy team has reached promising results and have initiated clinical trials with Karolinska Institiute.
Team: Huseyin Aytug, Hasan Basri Celebi och Murat Cetiner
Zeat
Zeat has developed an app to help hotels increase sales to their guests, by offering a type of appstore for hotels. Services that can be purchased in the app include everything from pre-ordering drinks to reserving a sun chair. The team behind Zeat has initiated cooperation with TUI in Germany, and are very much looking forward to taking part of the Bicky Chakraborty Entrepreneur Program.
Team: Shun Huang, Alexander Askling, Joakim Askling & Rasmus Schaffert
Klimato
Klimato offers a service to calculate and present the Co2 emission of food, giving companies the opportunity of presenting, analyzing, and decreasing their environmental impact, while creating a good environmental profile and transparency in consumption choices. Klimato’s service has already been integrated in restaurants, hotels and meal-kit subscription services. Apart from being a part of KTH Innovation’s pre-incubator program, Klimato has gone through Sodexo’s accelerator program “Sparx”.
Team: Philip Claesson, Henric Hansson, Anton Unger & Christoffer Connée
Here's Klimato's website
Icarus Digital Math
This team of researchers has developed software for flow calculation in aerodynamic simulations for the aircraft-, space- and vehicle industries. Their software is ten times faster and cheaper than the global players on the market. Their tool is now used in teaching at KTH and has been recognized by NASA. The team has initiated a cooperation with Ferrari’s Formula 1 stable, as well as a pilot project with Norwegian.
Team: Johan Jansson, Tamara Dancheva, Massimiliano Leoni och Ezhilmathi Krishnasamy
Visit the website
Smart Sensor Box
Smart Sensor Box (SSB) is a sensor solution used to monitor machines in the manufacturing industry, today faced with the need for digitalization, but with access only to expensive, laser-driven solutions. SSB is a product composed from accelerometers and rate gyroscopes, which combined solves manufacturing companies’ need for optimizing the degree of capacity utilization, and maintenance of their machines.
Team: och
Monocular
In the movie industry, visual prototyping is an important part of pre-production. The most common solution today is using physical “storyboards”. Monocular has developed an easy-to-use 3D software, which enables movie producers to change their storyboards in real-time. This creates a more efficient work-flow, and decreases the risk of misunderstanding and mistakes when filming. The team consists of researchers from KTH and Konstfack.
Team: Simon Alexanderson och Mirko Lempert
Find out more about Monocular
SEEN XR
Smart Eye-tracking Enabled Networking (SEEN) can make VR in your mobile phone a reality over the 5G network. The goal of the SEEN project is to provide new network services using smart eye-tracking sensors to optimize data-heavy services and products in future mobile communications systems. SEEN has developed a world-leading solution by integrating eye-tracking in a VR headset and implementing and verifying a new streaming protocol that can save over 90% of bandwidth over a 5G network.
Team: Konrad Tollmar och Pietro Lungaro