The two TPW start-ups Borobotics and Rapidata are successful in the >>venture>> Startup Competition. Borobotics wins the Grand Prize and Rapidata takes first place in the ICT category.
The winners of the >>venture>> competition received their awards in the Audimax in the main building of ETH Zurich. 18 finalists were nominated in six categories. In addition, six start-ups competed for the audience award.
The big winner of the evening was Borobotics. The company develops an innovative drilling robot for geothermal energy drilling in tight spaces such as city centres. Borobotics’ robot is designed completely differently to conventional drilling machines, which require bulky equipment to operate. This not only takes up a lot of space, but also weighs ten tonnes. Borobotics’ robot, Grabowski, only requires an area of 6-8 square metres, allowing it to drill holes in small gardens, underground car parks or even cellars. Grabowski can play an important role in increasing the use of geothermal energy. So far, only 1% of Swiss households heat with this CO2-neutral heat source.
Rapidata came out on top in the ICT category, winning CHF 50,000. The start-up wants to redefine data annotation for AI. With their system, the Rapidata team can process huge amounts of data within minutes. The result is fast and reliable data labelling that supports AIs.
(Cover picture: Collage startupticker.ch & LinkedIn/Rapidata created by Vinicio Melchioretto)
