Tontine Based Tech Firm Hypervine Joins HS2 Innovation Accelerator Initiative
Published: 30 November 2020
Tontine based tech start-up Hypervine are on the right track after being selected to join HS2 Ltd's Innovation Accelerator programme which will see them working on key innovation challenges around the construction of HS2 - the new high speed railway linking up London, the Midlands, the North and Scotland.
Hypervine - a company focusing on digitising construction to gain efficiencies and reduce wastage, are one of only five enterprises chosen from 118 applicants to receive a package of commercial and technical support as they develop their technology to help deliver HS2 which is Europe's largest infrastructure project.
The company's successful route onto the accelerator programme was steered through their app-based technology, viewable on a dashboard, which helps construction contractors to become more responsive, and recognise where efficiencies can be made to deliver both cost and carbon savings.
The tech start-up which was founded in 2018 by Paul Duddy - a Glasgow School of Art alumni - has been based at Tontine since the start of the year and took up workspace at the City Deal business incubator through the company's involvement with the Scottish space incubator programme run in partnership between the University of Strathclyde and Tontine - supported by the UK Space Agency and Scottish Enterprise.
Hypervine founder & CEO Paul Duddy said: "We're all absolutely delighted to have been chosen to join the HS2 Innovation Accelerator programme and can't wait to get started.
"Since basing ourselves at Tontine and being in its vibrant environment with like-minded start-ups, our company has gone from strength to strength. Being accepted on to the HS2 Accelerator programme is yet another significant milestone for Hypervine and is a perfect fit for our technology."
Tontine, located in Glasgow's Merchant City, hosts high-quality and flexible workspaces for businesses in the enabling technology, advanced design and manufacturing, and creative economy sectors. The business accelerator is part of the £1.13 billion Glasgow City Region City Deal and was the first of its projects to be completed.
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Both the UK and Scottish Governments are providing the Glasgow City Region local authorities with £500million each in grant funding for the Glasgow City Region City Deal.