Datacie, SoundMap and BioT receive a FIT Digital Grant of CHF 20’000 each
The Foundation for Technological Innovation (FIT) has chosen to support the three start-ups with Digital Grants. Datacie specializes in creating custom databases, SoundMap conceived an autonomous navigation device for blind people and BioT wants to optimise device management in hospitals.
Datacie, crafting unique datasets to empower research & decision-making
2.5 trillion PDFs are created every year, enclosing data the financial industry needs to extract on a real-time basis. Initially conceived to facilitate human digital collaborations, these documents are being widely misused to store valuable data and information. This reality leaves no choice to exchanges, data aggregators, and other financial institutions than to perform laborious, error-prone, and costly data entry. Datacie develops state-of-the-art deep learning algorithms and an ergonomic human-in-the-loop data validation platform to extract precise data points from unstructured data sources, resulting in unique, actionable, and fully customized data products for their clients. The firm is led by three partners that strongly believe that everyone can benefit from data to make better decisions, improve efficiency and even help tackle some of the world’s most pressing societal challenges.
The FIT Digital grant will contribute to consolidating Datacie’s market validation tests, scaling their data validation workflows, and expanding their team.
SoundMap, autonomous driving technologies for blind people
More than 40 million people worldwide are blind and 300 million are visually impaired. Smartphone applications, white canes and smart glasses are among the most popular solutions available today. However, most of these solutions remain highly expensive, provide slow and stressful feedback. SoundMap brings autonomous driving technology to a small and portable device, worn as a harness, that scans the surroundings in 3D and identifies all surroundings objects and obstacles. The user is then warned through sounds or vibrations in an intuitive manner, and allows the users to navigate safely, and gain independence.
The FIT Digital grant will contribute to shipping and testing of the minimum viable product (MVP), as well as expanding the patent portfolio of the company and satisfying specific legal requirements.
BioT, visualising and optimising device management in hospitals and clinics
Device management is a key issue in clinics and hospitals: 60 to 90 minutes are lost daily due to tools downtimes and lost material. Indeed, the priority of the medical staff is the patient care, not logistics. To solve this, BioT developed an IoT solution that uses multiple tracking technologies. Combined with sensors, one can follow any type of hospital device. The data feeds the artificial intelligence, which optimizes the hospital’s operation. The BioT platform therefore reduces costs (energy, space, time, and money) and expands capabilities (real-time location, state of objects, geofencing, and automated inventories).
The FIT Digital Grant will allow BioT to launch the production of the hardware and the software development with backend servers and a mobile app, and accelerate sales developments.