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Investment Bank

Investment Bank

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Barclays’ open innovation co-working space, Rise New York, recently hosted the ‘MD5 Starts NYC’ event alongside The Partnership for New York City, New York University, and Barclays’ Citizenship Team. The event focused on how innovation and entrepreneurship can empower the development of dual-use products or technologies at the intersection of national security and commercial markets.

MD5, which is the US Department of Defense’s National Security Technology Accelerator at New York University, offered teams of entrepreneurs the chance to be one of five early stage start-ups to pitch their ideas at this exclusive event.

The successful start-up finalists made presentations to high impact investors, channel partners, corporations, and law firms, as well as Barclays’ Military Services Network.

The entrepreneurs also heard from prestigious speakers from NYU, former White House executives, and Theodore Roosevelt IV, Managing Director & Chairman of Barclays' Cleantech initiative.

 

We were thrilled to host these businesses at Rise. While we usually focus on more traditional Fintech start-ups, it is during events like this when I realise how powerful the Barclays imprint can be across the entrepreneurial ecosystem, in any number of verticals. The work that MD5 have done is remarkably impressive, thoughtful and exciting, and we are honoured to have hosted them.
Matthew Hooper, Head of Rise New York

 

More about the five finalists' innovative ideas below:

CytoDel (Philip Band, CEO)
A Biopharmaceutical company that produces recombinant derivatives of botulinum neurotoxin (Tier 1 biodefense threat).

goTenna (Daniela Perdomo, co-CEO)

Designs and develops technologies for off-grid and decentralized communications. goTenna devices pair with smartphones and, through intelligent mobile ad hoc networking protocols, enable users to send texts and share locations on a peer-to-peer basis, foregoing the need for centralized communications infrastructure of any kind.

O2-O2 (Dan Bowden, CEO)

Designers of a “no skin contact” mask that uses clean, filtered air to protect the user. This is achieved by directing air behind an engineered face shield creating a positive air pressure differential in front of the face.

Strongarm Tech (Sean Petterson, CEO)

Creating ergonomic solutions for the everyday worker. They aim to provide materials handling companies with technology that increases worker safety, satisfaction and productivity.

Z-Control (Matt Tyson, Founder)

Z-Control is used to track the location and floor number of firefighters and the surrounding conditions.

 

Barclays’ Rise programme

Rise is Barclays’ open innovation platform. Designed to help shape the future of financial services, Rise provides a community and resources through which start-ups and corporations can connect to co-create and scale technologies within Barclays and the wider financial services industry. Visit www.thinkrise.com or email riseteam@barclays.com for more information.

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Next gen talent creates next gen social solutions

100 of our Banking Associates from around the world gathered in New York for our inaugural Social Innovation Lab to prove they were up to the challenge during a half-day workshop at Rise.

From 4G to 5G

Barclays’ animated infographic explains the impacts and opportunities presented by 5G technology.

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