LTF Announces Competition Winners

The London Technology Fund, the capital’s specialist investor in young city-based technology companies, has announced the winners of the London Technology Fund Competition. The annual Competition provides

an opportunity for newcompanies to win a share of up to £1million of investment and over £100,000 worth of training and advice, and have the opportunity to meet major technology corporates.

The overall winner of the Competition and recipient of the Grand Prix was Trojantec, who also won the Life Sciences Sector award. Trojantec is developing cancer stem therapeutics based on its platform technology

of intracellular and intranuclear delivery of proteins. It has created, thus far, two novel nanoparticle fusion proteins, TR1 and TR4, that aim to achieve normal p21 delivery to p53/p21 mutated tumours (TR1) and inhibition of notch signalling (TR4) resulting in tumour eradication in preclinical models. The top-ranked company in the Design & Engineering Sector was Juice Technology, which has developed LED lighting technology designed to increase lighting efficiency by focusing on power, control and thermal issues. The ICT Sector winner was BView, which has developed an advertising network built around a local voucher search application, with over 40,000 locations with offerings in the UK. The Environment Award was won by Novacem, which is developing a new generation of carbon negative cement systems to replace traditional Portland cement.

David McMeekin, Chairman of the London Technology Fund, said: “This is the second year of the LTF Competition and we are delighted that so many exciting young technology companies were keen to take part in the programme of workshops and the speed-dating event. The standard of the finalists was very high and I congratulate Trojantec on winning the Grand Prix, Juice Technology and BView for winning their sector awards, and Novacem for winning the Environment Award. I would also like to thank everyone involved for their support, and particularly our co-sponsors, Oracle, PricewaterhouseCoopers and The Royal Bank of Scotland.”