Cambridge students woo French angels
A technology venture spearheaded by Cambridge University students has won a global business plan competition and is exciting investment interest from international angels.TouchSight beat teams from Monte Carlo, Michigan, Brussels and California in the Next Generation Entrepreneur Forum Business Plan Competition in Monaco to scoop the grand prize of €1,000.
TouchSight – formed by student engineers at the Institute for Manufacturing – has developed a unique mobility aid for the blind and visually impaired.
The glove-based system, called the TouchSight Vision Mitt, enables users to ‘sense’ their surroundings using ultrasonic sensors and vibration feedback actuators, providing a low cost alternative or supplement to guide dogs or white sticks.
Business Weekly understands that Monaco Investment Forum has offered the group investment and that the founders – Jessie Baker, Pete Davies, Karan Keswani and Samaan Rahman – are about to jet back to the South of France to present to the Sophia Antipolis Business Angels.
TouchSight is building on its success in the Cambridge University Entrepreneurs (CUE) £1k Business Ideas Competition and the Varsity Pitch.
Pete Davies of TouchSight said: “We have come across several opportunities to help us take our business to the next stage. We are now taking steps to build more prototypes and bring the product to market.”