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11 December, 2019 - 08:32 By Kate Sweeney

Shenzhen investment boost for Crayfish.io

Double Business Weekly Awards entrant Crayfish.io announced its arrival in the 30th Anniversary competition with a major coup: Crayfish has entered the Cambridge UK/China Award as well as the International Trade category.

Shenzhen-based DB Investment Management Ltd (DBI) has joined the Crayfish.io Accelerator as its second Anchor Investor, opening up further opportunities for UK and European semiconductor and IoT companies to join the programme and get ‘China-ready’.

Started in September with original anchor investor UK-China Enterprise Fund, DBI now adds a $3 million contribution to the accelerator.

Ting Zhang, founder and CEO of Crayfish.io said: “Since the launch of the programme we have been inundated with candidates and having the ability to now cover more industry and technology segments will allow us to support more tech startups to prepare their China-export strategy.”

Companies looking to be ‘China-ready’ can secure up to £1 million funding through the Crayfish.io Accelerator; without having to have a presence in China.

Since 2017, Crayfish.io has helped over 120 UK mature businesses and startups skill-up to meet the China challenge. 

Increasingly recognised as the go-to platform dedicated to enabling better engagement with China powered by technology, Crayfish.io provides a range of business expertise and important connections to facilitate cross-border collaborations – from market entry through to translation, recruitment, business development, sourcing, cultural training and digital marketing. 

Ambitious Cambridge startup Cellular Highways – a TTP spin-out – is gunning for an Award treble having entered the Young Company, Disruptive Technology and Life Science Innovation categories.

Cellular Highways is developing a new generation of automated high-throughput cell sorting instruments for research, diagnostic and therapeutic applications. 

Powered by a new microfluidic cell sorter technology, the instruments will reduce the cost and complexity of cell sorting and achieve far higher throughput than existing platforms, thus making cell sorting accessible to every laboratory as well as enabling new diagnostic and therapeutic applications.

Kameo Recruitment in Cambridge is tilting at the Young Company Award while CEO Sharon Livermore has the Woman Entrepreneur of the Year Award in her sights.

Kameo regards itself as a unique recruitment agency. Its core focus is around abuse and employee well-being and how employees can better support those who have been or are currently affected by abuse. It reports “huge success” in 2019.

Another candidate for the Judge Business School Woman Entrepreneur accolade is Faye Holland, mastermind of corporate communications agency Cofinitive.

Faye influences and connects on many different levels within Cambridge’s business community. 

Her corporate communications consultancy, Cofinitive, is a multi-award-winning agency with a string of prestigious clients, while Impact Women’s Network, which Faye co-founded (2017), boasts a network of 500+ female professionals united in raising the public visibility of impactful women and instigating even greater change together. 

For further information about the Business Weekly Awards visit www.businessweekly.co.uk/business-awards/enter-awards

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