The company has successfully fought off competition from over 180 other startups to be crowned the Best British Tech Startup.
Artificial Intelligence startup Hummingbird Technologies has successfully fought off competition from over 180 other startups to be crowned the Best British Tech Startup 2019 at this year’s Mobile World Congress in Barcelona.
The London based company is transforming the agriculture industry using imagery and data analytics from UAV (unmanned aerial vehicle), satellite and plane technology, together with machine learning and computer vision techniques, to provide farmers with high-resolution maps of their crops at critical decision-making junctions in the season. Using the most advanced machine learning and computer vision techniques, they can deliver actionable insights on crop health directly to the field. These services include crop stress detection, detection of diseases, weed grass mapping, nutrient management mapping as well as yield prediction and plant counting in row crops.
The competition, organised by KPMG’s Innovative Startup practice, saw regional pitching competitions take place in London, Oxford, Birmingham and Manchester to find five outstanding finalists from more than 180 applications to go through to the competition in Barcelona this week.
Commenting on the competition, Patrick Imbach who leads KPMG’s Innovative Startup team in London said:
“Hummingbird Technologies is an example of Artificial Intelligence being implemented for a great purpose and addressing a real problem. This is a hugely exciting business who stood out from the crowd in doing something really innovative and different.
“The judges were impressed by the way they are harnessing technologies that could revolutionise the agriculture sector and the impressive growth prospects for the business, with lots of opportunity to expand their global footprint. They are representative of what is coming out of the UK’s significant tech startup community, which is consistently producing these hidden gems who are doing great things.”
Hummingbird Technologies pitched their business against ZigZag Global, Grid Edge, Optalysys and Oxford Space Systems at the ‘Four Years From Now’ technology startup conference (“4YFN”) at Mobile World Congress 2019, the largest annual gathering for the mobile industry. They were proclaimed overall winner by a panel of judges made up of tech specialists Beatriz del Rio – VC at Seaya Ventures, Bindi Karia – experienced innovation expert and advisor, Dr Mike Short CBE – Chief Scientific Advisor at Department for International Trade (DIT), Alex Holt – Partner and Global Head of Telecoms and Media at KPMG.
Alexander Jevons, Chief Marketing Officer of Hummingbird Technologies commented:
“We are delighted to be awarded the KPMG Best British Tech Startup 2019. To be recognised by a renowned global blue chip company brings great benefits and profile. Commercially and reputationally this means a huge amount to Hummingbird and our customers. We are very grateful and look forward to working closely with KPMG as we scale up globally.”
Patrick Imbach continued:
“Throughout the competition we have seen 32 pitches at four qualification events across the UK resulting in five amazing finalists who represent a cross section of the UK’s tech startup ecosystem. Each of our finalists are doing fantastic things so we were very excited that they were part of the competition. Mobile World Congress and the 4 Years from Now exhibition is the premier platform for showcasing our British tech startups and they completely seized their opportunity. All of the finalists were a great advert for the UK’s startup ecosystem.”
Mobile World Congress is the largest annual gathering for the mobile industry, organised by the GSMA, and held in the Mobile World Capital of Barcelona.
About the other finalists:
• London based ZigZag Global is a software solution to help ecommerce retailers manage returns domestically and globally based in central London.
• Midlands based Grid Edge is an Artificial Intelligence (AI) startup company that provides AI software services to commercial building operators to empower them to intelligently optimise their building’s energy profile, and become active and empowered participants in the energy system.
• Manchester based Optalysys is developing optical AI systems designed to accelerate the most demanding deep learning and pattern recognition tasks at ground-breaking speeds but at a fraction of the energy consumption of traditional computing hardware.
• Oxford Space Systems (OSS) is an award-winning space technology business that's pioneering the development of a new generation of deployable antennas and structures for the global satellite industry.
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About KPMG in the UK
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 16,300 partners and staff. The UK firm recorded a revenue of £2.338 billion in the year ended 30 September 2018. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and has 200,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.