£100k prize for Dundee Uni big data spin-out firm

SCOT­TISH EDGE: Plat­inum In­for­mat­ics one of 24 firms to win pitch com­pe­ti­tion cash

The Courier & Advertiser (Fife Edition) - - BUSINESS - GRA­HAM HUBAND Pro­fes­sor An­gus La­mond of Scot­tish EDGE win­ner Plat­inum In­for­mat­ics. busi­[email protected]­courier.co.uk

Big data fo­cused Dundee Univer­sity spin-out firm Plat­inum In­for­mat­ics has re­ceived a ma­jor boost af­ter scoop­ing £100,000 in de­vel­op­ment fund­ing at the lat­est Scot­tish EDGE awards.

The prize was the max­i­mum avail­able to firms com­pet­ing in their cat­e­gory.

Scot­tish EDGE is a multi-faceted busi­ness pitch­ing com­pe­ti­tion and the lat­est round – the 13th – was the big­gest ever with a to­tal prize pot of al­most £2 mil­lion avail­able.

The largest award of the night – the £150,000 Higgs Spe­cial Award – went to Clin Spec Di­ag­nos­tics, a Glas­gow-based firm us­ing novel tech­nolo­gies to de­velop fast, sen­si­tive blood tests for the early de­tec­tion of cancer.

Plat­inum In­for­mat­ics took home £100,000 as one of 24 in­di­vid­ual win­ners on the night.

The firm pro­vides soft­ware solutions for the man­age­ment, vi­su­al­i­sa­tion and anal­y­sis of large and com­plex data sets in a wide range of lab­o­ra­tory and in­dus­trial en­vi­ron­ments.

It spun out from Dundee Univer­sity on the back of more than 10 years of de­vel­op­ment work by Pro­fes­sor An­gus La­mond and his team within the School of Life Sci­ences.

“We are de­lighted to have won the Scot­tish Edge com­pe­ti­tion,” Prof La­mond said.

“This will greatly help us de­liver our in­no­va­tive Smart Lab­o­ra­tory Notebook and shows the po­ten­tial for re­search at the Univer­sity of Dundee to de­liver im­pact and cre­ate new jobs.”

Head of soft­ware en­gi­neer­ing, Rob Kent said: “The com­pe­ti­tion has been a fan­tas­tic and re­ward­ing ex­pe­ri­ence for us and we are very grate­ful for this op­por­tu­nity to ex­pand our fan­tas­tic team of soft­ware de­vel­op­ers and con­tinue our drive to build a com­pany of scale right here in Dundee.”

Scot­tish EDGE has three pitch­ing cat­e­gories and a fur­ther three spe­cial awards, of which the Higgs is one.

The lat­est con­test takes to­tal grants awarded by the scheme to circa £13m since 2013, with more than 1,600 jobs cre­ated as a re­sult.

Scot­tish EDGE CEO Eve­lyn McDon­ald said: “As an or­gan­i­sa­tion col­lab­o­rat­ing with oth­ers to make Scot­land the best place for busi­ness, finding our­selves in the po­si­tion to sup­port so many in­spir­ing en­trepreneurs is an in­cred­i­ble out­come.”

The com­pe­ti­tion is sup­ported by se­rial en­tre­pre­neur Sir Tom Hunter.

He said: “Scot­land has a proud her­itage of in­no­va­tion and through EDGE we’re see­ing a re­newed spirit of en­trepreneur­ship de­vel­op­ing.”

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