Black founders to benefit from creative-technology startup support

Posted 19 Sep 2024

In partnership with Sony Music UK and Sony Music Publishing UK, Digital Catapult has selected ten startups from across the UK’s creative industries to drive the application of deep tech and break down barriers to success for underrepresented founders. With research showing that only 0.2% of overall investment funding in the UK goes to Black founded companies, Digital Catapult’s Black Founders Programme was created in 2023 to support deep tech startups on their scaling journey, and to tackle systemic barriers in the UK tech sector including bias in investment decisions and limited access to networks.

Now in its second year, this initiative supports Black entrepreneurs to increase their investment readiness by providing mentorship and investment knowledge to help scale and commercialise deep tech solutions. Companies in the 2023 cohort have since formed partnerships with large corporates, received interest from angel investors and 80% reported that they had increased their investment readiness as a direct result of working with Digital Catapult and Sony Music Group.

The ten companies comprising the 2024 cohort are building novel solutions in a key growth sector, focused on applying immersive technologies (including virtual, augmented and mixed reality) into creative industries, including storytelling, gaming, music production, and education. From increasing engagement with rap music through immersive storytelling, creating engaging versions of historical events, exploring virtual clothing design for multiplayer online gaming worlds, and more The cohort companies are:

Code and Culture – transforming how audiences engage with rap lyrics and cultural content.
Cambridge XR – developing a VR system to explore aviation history.
Mismatch Studios – creating digital clothing for virtual worlds and offering a sustainable solution for fashion designers to prototype designs.
Immersely – enhancing gameplay experiences by using biometrics to refine game design.
SymphoMe – making music learning more interactive and personalised with AI-driven multimodal technology.
Syncd:in Limited – simplifying global music rights and metadata management for Black artists.
TwoShot LTD – building a platform for AI tools helping musicians in their creative workflow; Importantly, their tech is fully traceable, solving AI music’s complex copyright issues.
BeGenio Tech Ltd – enhancing educational outcomes through immersive gaming assessments.
Certi.fi World – combining blockchain technology and augmented reality to verify and issue credentials, ensuring tamper-proof certification for artists and entertainers.
Wellvrse – integrating health, art, and virtual reality to enhance mental well-being.

The programme is endorsed by Colorintech and Musiio by Soundcloud, as well as leading professionals across the UK’s creative industries.

Quotes

Breaking down barriers to successful scaling and commercialisation for underrepresented entrepreneurs lies at the heart of the Black Founders Programme. The new cohort’s innovative new solutions will undoubtedly unlock new opportunities to grow the UK’s creative economy, and we will ensure that the participating startups receive the support they need to scale faster and demonstrate the practical application of their solutions to industry, investors and the creative community. We’re incredibly excited to continue our partnership with Sony Music UK and Sony Music Publishing UK and receive their expertise and support.
Jessica Rushworth Chief Strategy and Policy Officer, at Digital Catapult

We are delighted to again partner with Digital Catapult, our sister company Sony Music UK and creative entrepreneur Michael Adex, to support these remarkable founders and their innovative businesses. Through our collective knowledge, resources and network, the 2024 cohort will be equipped with new expertise and experience, helping to drive forward their unique business solutions in the UK tech sector. We are excited to be a part of their journeys.
James Bullock Operations Manager, Sony Music Publishing UK

As a founder and innovator myself, I am proud to support the second cohort of Black entrepreneurs. This programme provides a showcase for UK Black tech talent and the potential within our community, and I’m eager to see how their ideas, their products and their business vision will help create meaningful change and inspire future generations. With the advice and guidance from Sony Music UK, Sony Music Publishing UK and Digital Catapult, the founders will be well supported to propel their solutions to the next level and get the tools they need to get investment ready.
Michael Adex Ambassador for the Black Founders Programme, and the founder and managing director of NQ

We are thrilled to be supporting the second wave of the Black Founders Programme building on the successes of last year’s cohort, which are testament to the amazing talent of that group of companies. This year, we look forward to supporting a new group of entrepreneurs who will undoubtedly bring fresh ideas and perspectives. Together we are building a stronger UK tech landscape that champions diversity and drives innovation across the UK’s creative industries.
Hari Ashurst-Venn Senior Director of Digital & New Tech, 4th Floor Creative, Sony Music UK