Arcadis and Techstars have identified 10 companies which they believe can develop the solutions that will have a transformative effect on life in the cities of the future.
Start-ups focused on urban planning, resiliency, sustainability, mobility and logistics are among those chosen for the Arcadis’ City of 2030 accelerator.
It is the second year the global design and consultancy firm for natural and built assets has run the three-month programme, which aims to identify and support the companies that can transform life in cities. The programme is supported by US seed accelerator Techstars.
The selected companies will work with the programme team in office space provided by Arcadis in Amsterdam and take part in a demo day to showcase their ideas on 28 May. They will be provided with support from industry mentors to develop strategies to grow their business, fine-tune products and business development efforts, build relevant networks, and explore scalable opportunities for collaboration within Arcadis and its clients.
Arcadis and Techstars will invest in the 10 selected companies, each receiving a three per cent equity stake. Start-ups chosen for the first accelerator are now raising capital for growth and working closely with Arcadis businesses and their clients worldwide on pilots and commercial agreements.
“These start-ups bring cutting-edge ideas to address the challenges of urban communities that are in need of unconventional solutions.”
For example, Cityflag, a collaborative and artificial intelligence (AI) enhanced digital platform for municipalities to communicate directly with residents, raised $1.2 million in an investment round led by Good Growth Capital, a US-based early-stage venture fund. The Arcadis Digital Studio continues to work with CityFlag.
The 10 start-ups in this year’s accelerator programme are:
The theme City of 2030 of the accelerator relates to the strategic vision developed by Arcadis and is based on the fact that in the next decade the vast majority of people will live in cities.
“We are excited to support the second year of the accelerator programme and to work with these innovative start-ups to help cities plan for the future,” said Stephan Ritter, Arcadis group executive for innovation and transformation.
He added: “These start-ups bring cutting-edge ideas to address the challenges of urban communities that are in need of unconventional solutions.”
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