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Accelercomm: Supercharging wireless technology

Accelercomm: Supercharging wireless technology

AccelerComm is a spin-out from the University of Southampton. It offers game-changing technologies to enable 5G wireless systems to be 10-times faster than 4G, laying down the foundations for the future of wireless applications and services. Their synthesised technology will enable smart devices to process and display information at speeds compatible with the forthcoming 5G technology.

Accelercomm: Supercharging wireless technology

FACT FILE

Start date: 2015

Website: Visit website

Location: Southampton

Employees: 6

SETsquared programme: Innovation to Commercial Realisation (ICURe)

SETsquared support received: ICURe grant, events, market research, networking

Investment raised: Innovate UK Grant £500k; Private funding £310k

KEY MILESTONES

September 2015

Started on ICURe programme

March 2016

Limited company

April 2016

novate UK aid for startups grant secured

December 2016

Private investment secured

December 2017

Private investment secured

February 2018

Public funding projects secured

“The ICURe funding enabled me to devote a significant amount of time to investigating how our research could address the real problems of the industry. During that market validation phase I met with potential customers, including major multinationals in Europe, USA and Asia, and attended industry events to gain insight and fine-tune our target markets – it was a huge eye-opener for us.”

“After the Options Roundabout we had three months to develop the business plan to apply for Innovate UK Aid for Start Ups funding. We followed up a number of leads that were a direct result of the ICURe project. These were large international companies – Qualcomm, Huawei and Altera. We also started targeting for venture capital funding and building the team to lead AccelerComm.”

“The feedback gained from the market validation phase enabled us to make our research more compelling and enhance our technology. We originally were thinking about the cellular market as well as specialist industries such as defence, satellite and drones but then we realised during Pivot that we shouldn’t spread ourselves too thinly and so we decided to focus our resources on the 4G and 5G cellular market.”

“A key part of the ICURe training and development was Bootcamp, during that we gained an enormous amount of understanding about the commercial side of research. The mock-interviews were instrumental in our approach to meeting big companies and how to explain our technology and build a relationship with them.”

“Since taking part in the ICURe programme, we have built up a great technical and commercial team and successfully demoed our unmatched channel coding technology to the industry at Mobile World Congress 2017 & 2018 and 5G World 2017 & 2018. These truly create promising dialogues with some blue-chip companies – some of which have already led to commercial contracts and partnership.”

“So far, two consecutive seed investments of £500,000 from IP Group have been secured, and following our successful Innovate UK Aid for Start-ups grant, we have further secured two both public and private-funded projects on new 5G technologies in collaboration with the University of Southampton. This has helped us to demonstrate how innovations being developed at AccelerComm have real commercial value and great potential to the industry, and we look forward to achieving more great milestones in the near future.”

Dr Taihai Chen

Dr Taihai Chen, Accelercomm Ltd

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