Oxygen Accelerator Names The Nine Startups Starting Its London-Based Bootcamp Today


The U.K.-based Oxygen Accelerator, now relocated from its former home of Birmingham to Tech City’s Campus London, has announced its first cohort of startups since the move down south.

Nine startups made it through the application process and are beginning the 13-week bootcamp program today. Oxygen offers €7,000 investment per founder (up to three founders) for each successful entrant to its program, in exchange for 8% equity.

The nine startups, which includes five teams from the U.K., look to be an eclectic mix (see full list below), with platforms for student rents and self-storage, and apps for shopping and meetings, rubbing shoulders with a semantic engine for video and audio analysis, an app builder for non-techies and tools for diagram creation and carbon legislation risk assessment.

“We’re delighted to have such a wide range of exciting tech startups joining us for this programme and we can’t wait to get cracking,” said Simon Jenner, CEO of Oxygen Accelerator in a statement. “We received more applications this time around than for any previous Oxygen Accelerator programme and it’s been great to see so many applicants from outside of the UK.

“The selection process recognised that it is not only very important to have a great idea, but to have high-quality, motivated team members too. Even with a brilliant idea, being successful involves a lot of hard work.”

Oxygen had said it would select up to ten startups for the program but in the event it settled on nine to keep the quality bar high. “We choose on quality rather than quantity, so these nine are the ones we have settled on,” Jenner told TechCrunch.

Oxygen said more than a quarter (27%) of the intake had already received some kind of seed funding, and 16% had previously been through an accelerator program.

The accelerator received 310 applications to the program — a record number for Oxygen’s bootcamp — and invited 50 applicants to pitch to its organisers and mentors (63% came to London to pitch vs 37% pitching remotely via Skype or Google Hangouts). From these pitches, a shortlist of 18 was drawn up — and the final nine were selected.

For a little local context, TechStars London, which held its debut Demo Day in the U.K. capital last week, received 1,302 applications from 72 different countries. TechStars was able to draw in 4x more applications to its London bootcamp than under the old Springboard operation — illustrating the pull of the TechStars brand.

Moving to London is one way for a smaller player like Oxygen to raise its profile in the U.K. and beyond. Albeit, in London it’s also competing with SeedCamp (which has had more than 2,000 applications in 2013 thus far) and Telefonica’s Wayra UK (which had 3,441 applications to its current program of 17 startups).

Here’s the list of the nine Oxygen finalists that made the cut:

  • ThinkGlue — has developed “a semantic engine for video and audio analysis
  • Lowdown — mobile app to help people prepare for meetings by providing up to date info about the people and businesses they are about to meet
  • CherryBird — platform for students to discover and lease property
  • Boxload — platform offering self-storage by the box, with “flexible contracts, collection and delivery options, and online management”
  • Project Perfect Shoe — mobile shopping app to help users find “the perfect items of clothing”
  • Sedicii — patented authentication tech tackling the password problem by eliminating the need to transmit a password or store a password on a server to authenticate a user
  • Dialective — web tool for creating, embedding and sharing diagrams
  • Fliplet — app builder platform that lets users “create a professional-looking app without needing technical or design skills”
  • CarbonMetrix — digital tool that assesses the “carbon legislation risk in a company’s supply chain and accumulated in an investment portfolio”

More TechCrunch

All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens.…

Porsche invests in battery startup South 8 to boost cold-weather EV performance

Scale AI has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors including Amazon and Meta.

Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B

The new coalition, Tech Against Scams, will work together to find ways to fight back against the tools used by scammers and to better educate the public against financial scams.

Meta, Match, Coinbase and others team up to fight online fraud and crypto scams

It’s a wrap: European Union lawmakers have given the final approval to set up the bloc’s flagship, risk-based regulations for artificial intelligence.

EU Council gives final nod to set up risk-based regulations for AI

London-based fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR.

Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion

Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis…

Zen Educate raises $37M and acquires Aquinas Education as it tries to address the teacher shortage

“When I heard the released demo, I was shocked, angered and in disbelief that Mr. Altman would pursue a voice that sounded so eerily similar to mine.”

Scarlett Johansson says that OpenAI approached her to use her voice

A new self-driving truck — manufactured by Volvo and loaded with autonomous vehicle tech developed by Aurora Innovation — could be on public highways as early as this summer.  The…

Aurora and Volvo unveil self-driving truck designed for a driverless future

The European venture capital firm raised its fourth fund as fund as climate tech “comes of age.”

ETF Partners raises €285M for climate startups that will be effective quickly — not 20 years down the road

Copilot, Microsoft’s brand of generative AI, will soon be far more deeply integrated into the Windows 11 experience.

Microsoft wants to make Windows an AI operating system, launches Copilot+ PCs

Hello and welcome back to TechCrunch Space. For those who haven’t heard, the first crewed launch of Boeing’s Starliner capsule has been pushed back yet again to no earlier than…

TechCrunch Space: Star(side)liner

When I attended Automate in Chicago a few weeks back, multiple people thanked me for TechCrunch’s semi-regular robotics job report. It’s always edifying to get that feedback in person. While…

These 81 robotics companies are hiring

The top vehicle safety regulator in the U.S. has launched a formal probe into an April crash involving the all-electric VinFast VF8 SUV that claimed the lives of a family…

VinFast crash that killed family of four now under federal investigation

When putting a video portal in a public park in the middle of New York City, some inappropriate behavior will likely occur. The Portal, the vision of Lithuanian artist and…

NYC-Dublin real-time video portal reopens with some fixes to prevent inappropriate behavior

Longtime New York-based seed investor, Contour Venture Partners, is making progress on its latest flagship fund after lowering its target. The firm closed on $42 million, raised from 64 backers,…

Contour Venture Partners, an early investor in Datadog and Movable Ink, lowers the target for its fifth fund

Meta’s Oversight Board has now extended its scope to include the company’s newest platform, Instagram Threads, and has begun hearing cases from Threads.

Meta’s Oversight Board takes its first Threads case

The company says it’s refocusing and prioritizing fewer initiatives that will have the biggest impact on customers and add value to the business.

SeekOut, a recruiting startup last valued at $1.2 billion, lays off 30% of its workforce

The U.K.’s self-proclaimed “world-leading” regulations for self-driving cars are now official, after the Automated Vehicles (AV) Act received royal assent — the final rubber stamp any legislation must go through…

UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

SoLo Funds CEO Travis Holoway: “Regulators seem driven by press releases when they should be motivated by true consumer protection and empowering equitable solutions.”

Fintech lender SoLo Funds is being sued again by the government over its lending practices

Hard tech startups generate a lot of buzz, but there’s a growing cohort of companies building digital tools squarely focused on making hard tech development faster, more efficient and —…

Rollup wants to be the hardware engineer’s workhorse

TechCrunch Disrupt 2024 is not just about groundbreaking innovations, insightful panels, and visionary speakers — it’s also about listening to YOU, the audience, and what you feel is top of…

Disrupt Audience Choice vote closes Friday

Google says the new SDK would help Google expand on its core mission of connecting the right audience to the right content at the right time.

Google is launching a new Android feature to drive users back into their installed apps

Jolla has taken the official wraps off the first version of its personal server-based AI assistant in the making. The reborn startup is building a privacy-focused AI device — aka…

Jolla debuts privacy-focused AI hardware

The ChatGPT mobile app’s net revenue first jumped 22% on the day of the GPT-4o launch and continued to grow in the following days.

ChatGPT’s mobile app revenue saw its biggest spike yet following GPT-4o launch

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its…

Bumble buys community building app Geneva to expand further into friendships

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. 

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage…

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India.

Pine Labs gets Singapore court approval to shift base to India

The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco. 

UK opens office in San Francisco to tackle AI risk