Navenio secures £400,000 UKRI grant funding to ease COVID-19 impression on healthcare:
- The grant has been awarded to Navenio’s ‘Clever Workforce Answer’, to mitigate the impression of COVID-19 on healthcare methods
- Navenio’s infrastructure-free indoor location tech will allow groups to be in the suitable place on the proper time, utilizing smartphone knowledge
London, Oxford, UK. ninth November 2020. Navenio, the healthcare scale-up whose location-based expertise has been proven to double the throughput of hospital groups, has secured a £400,000 grant from the UK authorities and Innovate the UK, the UK’s innovation company, to deal with the impression of COVID-19 on hospitals.
Navenio, a spin-out of Oxford College, gives infrastructure-free indoor location options, the equal of GPS to be used indoors, to energy a spread of apps and platforms in sectors together with healthcare. The cash was awarded to initiatives that search to mitigate the well-being, social, financial, cultural, and environmental impacts of the COVID-19 outbreak.
The COVID-19 pandemic has exacerbated an already pressing want to enhance useful resource administration in hospitals throughout the UK on account of elevated demand and workers’ illness. Hospitals use Navenio’s AI-led ‘Clever Workforce Answer’ (IWS) which is constructed on indoor geolocation expertise. Relying solely on smartphone knowledge, it requires no infrastructure and no constructing surveys.
To handle this want Navenio will speed up the processing of maps by additional automating characteristic extraction and processing of floorplans, which is able to allow a ten-fold enhancement in deployment pace. Navenio may also prolong the present IWS performance of its software program to accommodate the rising demand for cleansing, infection management, danger evaluation, and gatekeeping of sufferers’ actions, which can be vital in managing COVID-19 in understaffed hospitals. As well as, it’ll present knowledge analytics which is able to draw insights on useful resource utilization and methods to improve capability and cut back danger. This can end result within the first UK-wide statistics on assets utilization and can assist native administration make key choices throughout hospitals and at completely different levels of the pandemic.
Ian Campbell, Govt Chair of Innovate UK commented: “With COVID-19 nonetheless an ever-present problem within the UK and throughout the globe, our working lives, social encounters, and journey plans are regularly being disrupted. Companies like Navenio have stepped as much as the problem and produced expertise which goals to resolve these points. These awarded funding from our competitors will help the UK in delivering potential options and companies to facilitate our restoration from the pandemic.”
Tim Weil, CEO of Navenio, added: “We’re delighted to have acquired this funding from UKRI and Innovate UK. With COVID-19 nonetheless presenting vital challenges to healthcare methods this funding will assist us to proceed dramatically enhancing affected persons move inside hospitals across the UK by prioritizing duties for particular person groups. With COVID-19 circumstances rising it’s essential that hospitals are ready and have entry to one of the best expertise to help them throughout these robust occasions.”
Navenio was spun out of the College of Oxford in 2015 and has a longtime crew of greater than 60 individuals which continues to develop. Navenio is a finalist within the KPMG British Tech Pioneers 2020 Programme and its expertise has received each business and tutorial awards.
Navenio’s location expertise is developed from the world-class College of Oxford science. In short, utilizing solely a smartphone’s sensors, the fusion of 4 distinctive applied sciences creates an extremely scalable indoor location, offering actionable perception instantly. Privateness and safety are inherent throughout the Navenio expertise and the corporate is Cyber Necessities licensed, GDPR, and NHS Information Safety and Safety Toolkit compliant.
About UKRI/ Innovate UK
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We drive productiveness and financial development by supporting companies to develop and realize the potential of the latest concepts, together with these from the UK’s world-class analysis base.
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