Which London businesses are in PwC and AngelsCube's new Scale Commerce programme?
PwC and AngelsCube are to launch Scale Commerce, part of a series of scale programmes across the UK to support high potential scale-up businesses.
Scale Commerce aims to provide the missing link between fast growing scaleups and retailers to deliver relationships that can drive mutually beneficial commercial opportunities.
The programme is being delivered with AngelsCube, an intelligence data driven platform that helps corporates and enterprises foster innovation by accessing startups with disruptive technologies, products and services.
Alexandre Covello, CEO of AngelsCube, said: “We are partnering with PwC to select the most innovative companies and technologies in retail and commerce.
The successful companies will be given first-hand access to a multidisciplinary network of industry experts, mentors and strategic investors. We are delighted to partner with PwC on this cohort of the Scale programme and truly believe in the positive impact this game-changing initiative can have on participating companies.“
The 12-week programme has identified 10 of the best international scaleups and will focus on helping to transform the customer experience, signposting commercial opportunities and identifying additional funding.
The programme will introduce the 10 companies to potential customers, industry decision makers and investors who may either procure from, partner, go-to-market or invest in their business. They will also have access to AngelsCube and PwC’s extended community of experts.
The Scale Commerce cohort of businesses based in London are:
Cervest: Actionable risk intelligence with AI for smarter and sustainable supply-chain decisions.
Mercaux: The fastest mobile retail platform - enabling the digital in-store experience.
Photospire: Photospire helps brands create contextual video to send the right message, at the right time to the right person.
**Rotaready: **Effortlessly intelligent staff rota software, allowing businesses to create optimised, data-driven schedules in seconds.
StoryStream: Supercharged StoryTelling - StoryStream uses proprietary AI to transform the efficiency and performance of content marketing.
Thirdeye Labs: AI technology that automates and scales the process of visually inspecting the shopfloor to give insights into how to cut costs and improve the customer experience.
Previous participants in PwC’s scale-up programmes raised £60m in equity on joining and have since gone on to raise a further £20m. As well as investment, the cohorts were introduced to over 500 relevant stakeholders which has so far enabled over 70 pilots.
Nigel Howlett, UK digital private business leader at PwC, added: “With our huge network and specialist skills, PwC is ideally placed to do this and we’re helping break down the barriers that can prevent collaboration even getting off the ground.”