Cambridge Temperature Concepts represents Europe in technology
competition
1 March 2011
Cambridge Temperature Concepts (CTC), one of the winners in
the Cambridge Wireless Discovering Start-Ups competition at the end of
last year, has been selected to represent Europe as one of six global finalists in the Qualcomm Ventures’ QPrize competition.
It has already picked up a
prize of €100,000 in venture
financing.
CTC, founded by a group of scientists from the University of
Cambridge, has developed a non-invasive DuoFertility fertility
monitor to help couples start a family.
It uses a wireless
patch that measures physiology 20,000 times a day and transmits the
results for expert analysis and advice. In a study of 99 patients
who qualified for IVF treatment for unexplained infertility, DuoFertility has already shown to be equally effective as IVF in
achieving pregnancy.
The six Qprize finalists representing China, Europe, India,
Israel, Korea and North America now proceed to the final round of
competition at the prestigious DEMO Spring 2011 event in California,
to compete for the Grand Prize of an additional US$150,000 in
venture financing.
CTC’s involvement in the Qualcomm competition came as a direct
result of entering the Discovering Start-Ups competition run by
Cambridge Wireless and supported by the East of England Development
Agency (EEDA).
“We were delighted to win the Discovering Start-Ups
competition and it was one of the judges, Frederic Rombaut, Head of
Qualcomm Ventures for Europe, who encouraged us to enter the QPrize,”
explained Dr. Shamus Husheer, CEO at Cambridge Temperature Concepts.
“To be selected for the final from the whole of Europe is incredible
for our CTC team and also reflects the strength of world leading
research and innovation coming out of Cambridge.”
“The future of our industry relies on entrepreneurs to take risks
and do what others have not done before to turn innovative ideas
into reality,” said Nagraj Kashyap, vice president of Qualcomm
Ventures. “This year, we expanded QPrize from four to six regions
through the addition of Israel and Korea, and the level of
creativity and vision from the finalists really exceeded our
expectations. Congratulations to these companies on their impressive
accomplishments in the competition.”
“We are delighted that CTC continues to go from strength to
strength and is gaining International recognition,” said David
Cleevely, chairman of Cambridge Wireless. “Discovering Start-Ups was
designed to provide a platform for new technology businesses and
many of the other finalists from last year’s initiative have also
benefited from taking part in addition to the recognition and prize
money. We all wish Shamus and his team every success in the final
and we hope that CTC’s experience will encourage more entrepreneurs
and new companies to enter Discovering Start-Ups 2011.”
CTC along with the other winners of Discovering Start-Ups 2010 — Augmentra, MagicSolver, OXEMS (Oxford Electromagnetic Solutions) and
PneumaCare — will also be presenting at the Innovation Hothouse
during the Cambridge Wireless, Future of Wireless International
Conference in June.