Two companies fighting for funding in a 12-week programme have won £50,000 each to fast-track smart city technology in London’s Canary Wharf.
The first two winners of the Cognicity Challenge out of a dozen were announced on Thursday evening after coming up with cutting-edge solutions to revamp buildings and transport systems.
The money will see both Polysolar and Voyage Control pilot their technologies in the Canary Wharf district in a bid to adopt the next generation of technology solutions.
Sir George Iacobescu, chairman and CEO of the Canary Wharf Group, said: “The Cognicity Challenge is helping to ensure we have access to some of the most important innovations in smart, sustainable cities.
“We want Canary Wharf to remain one of the most sustainable, convenient and technologically advanced cityscapes in the world, and the Cognicity Challenge is helping us improve even further our unique approach to property development.”
Polysolar has developed transparent, thin-film solar PV glass panels, which can be integrated into a building’s external structure to generate clean energy, but also adapted for existing ones. The Cambridge-based firm has already completed projects for the Barbican and the Future Business Centre.
Polysolar’s thin-film solar PV glass can be fitted on building exteriors, roofs and windows
Voyage Control aims to optimise the freight industry through advanced logistics management tracking and data-gathering. The system they devised matches customers with empty lorries to use spare capacity. Currently more than 13,000 businesses already use the platform and have collectively saved over 150,000 hours of wasted journey time.
Both companies will now work with Canary Wharf specialists to deploy their pilot within Canary Wharf.
Eric Van der Kleij, who delivered the Cognicity challenge for Canary Wharf Group, said: “The calibre of all the participants and our winners is testament to the high level of talent amongst those working on innovative technologies in the smart city sector.”
Another 12 firms will join the challenge on Monday for two different accelerator streams focused on smart homes and virtual design and construction, bringing the total number of Cognicity Challenge finalists to 36.