UK Finalist – KPMG Tech Innovator

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UK Finalist – KPMG Tech Innovator

In early June Dr. Dave Hughes pitched against several other fantastic tech companies in Scotland as part of the Tech Innovator competition run by KPMG UK.

After an intense 3 minute pitch followed by Q&A, with a panel of judges ( Dr Poonam Malik, MBA PhD FRSEMalcolm KpedekpoDr Poonam Gupta OBELes Bayne and Patrick Molyneux). Novosound were delighted to win and now have the opportunity to represent Scotland in the UK final at the Nexus Innovation Centre in Leeds on July 21st.

Dave Hughes, CEO and co-founder of Novosound, said:

“Our story clearly resonated with the judges, and I’m excited to pitch for a place in the global final in Lisbon later this year.” – Dr Dave Hughes

From 250 UK businesses, 12 made it through to the final and will have to pitch again, this time in front of a live and virtual audience.

A panel of 8 esteemed judges will review each presentation and in addition to understanding the core offering of the business, will judge under the following seven categories:

  • Innovation and Disruption
  • Market Potential
  • Marketing / Buzz
  • Long Term Potential
  • Customer Adoption
  • Quality of Pitch
  • ESG Credentials

Prior to Dave founding Novosound, his early stage research was using high-resolution technology in dental clinics to remove need for X-ray. Using the same core technology, the company has now evolved and not only works in the dental industry, but also globally across the industrial, medical and wearables. It is Novosound’s patented manufacturing technique for thin film ultrasound sensors that give them edge over the competition. This revolutionary innovation will have a long-term impact on the ultrasound and condition monitoring industry by overcoming the challenges faced by more traditional sensors.

Dave Hughes Added:

“I’m incredibly proud we’re through to the UK final. We know our technology has the power to revolutionise ultrasound imaging in hospitals around the world and make a powerful impact on people’s lives.”

People know KPMG but most will not have heard of KPMG Private Enterprise. KPMG Private Enterprise is a organisation dedicated to supporting businesses regardless of where they are in their journey. Businesses that work with them will be given access to their global resources. It is thanks to the KPMG Private Enterprise Global Network for Emerging Giants that the Tech Innovator competition is a reality. As a finalist novosound now is now also part of the KPMG Privaste Enterprise Access programme.

What will the winner of the UK Tech Innovator competition receive?They will have the opportunity to represent the UK in the Global Tech Innovator competition final in Lisbon, Portugal during the Web Summit and exhibit with a dedicated booth on 01 – 04 November 2022.