London, 10 November 2021 – 10BE5 announces that it has been chosen to join the UK government innovation agency Digital Catapult’s Machine Intelligence Garage programme. As part of this, 10BE5 was awarded a grant of $100,000 Amazon Web Services (AWS) cloud computing credits and may draw on additional R&D funding of up to €200,000.
Machine Intelligence Garage is an acceleration programme that addresses the challenges artificial intelligence (AI) and machine learning (ML) start-ups face. Participating companies gain access to computation power and relevant expertise, as well as a broad range of support activities in areas of business, investment, technology and applied AI ethics.
10BE5 was chosen following a rigorous application process that assessed companies on the strength of their business plan, technology plan, data readiness, and the immediacy of need to access computation power.
About Digital Catapult
Digital Catapult is the UK’s leading advanced digital technology innovation centre, accelerating the adoption of new and emerging technologies to drive regional, national and international growth for UK businesses across the economy. Learn more about Digital Catapult at: www.digicatapult.org.uk
10BE5 is a London-based legal tech company focused on automating capital markets-related workstreams. Its products are designed with input from legal practitioners and use a range of technologies, including state-of-the-art machine learning algorithms. Learn more about 10BE5 at: www.10be5.com