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June 26, 2016
Synthace Awarded Technology Pioneer by World Economic Forum
Written by: Synthace Team
- World Economic Forum today announced its selection of the world’s 30 most promising Technology Pioneers 2016 at the Annual Meeting of the New Champions in Tianjin, People’s Republic of China
- Synthace is the only UK company to have been selected
- Companies were selected for their potential to significantly impact business and society through new technologies and advance the Fourth Industrial Revolution
- Synthace, which provides next-generation software and processes to exponentially improve productivity in bioscience was selected for its ability to better engineer biology for health, food, energy and manufacturing. Central to its technology is a high-level programming language for biology, designed to make simple, reproducible and scalable workflows that are easily automated and shared. Synthace is the only UK company to have been selected
- The full list of recognized Technology Pioneers can be viewed here
London, UK and Tianjin, People’s Republic of China, 27 June 2016 – Synthace, the pioneering UK-based company that provides next generation software and processes to exponentially improve productivity in bioscience, was today named as one of the World Economic Forum’s Technology Pioneers, a selection of the world’s most innovative companies. Using the Synthace platform, biologists around the world can dramatically improve, streamline and run biological experimentation and manufacturing processes, helping turn biodesigns into desperately needed new solutions to heal, feed and fuel the growing world population. The company, spun out of University College London, is already serving customers across the pharmaceutical, agriscience and industrial biotechnology industries and is the only UK company to have been selected.
Synthace was chosen by a professional jury among hundreds of candidates as one of the 30 selected companies. Thanks to its selection, it will have access to an influential and sought-after business and political network worldwide. Tim Fell, Synthace’s Chief Executive Officer, is participating in the Annual Meeting of the New Champions, and many Technology Pioneers will also participate in the World Economic Forum Annual Meeting 2017 in Davos-Klosters, Switzerland.
“We welcome Synthace in this group of extraordinary pioneers,” said Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “Synthace is among those companies that help shape the Fourth Industrial Revolution, a technological revolution that will fundamentally alter the way we live, work and relate to one another. Through the platform of the World Economic Forum, it will be able to scale and share its technology and achieve a larger impact.”
“We are delighted and proud to have been awarded such a prestigious honour by the WEF. As the only UK company to be in the list, it represents the outstanding quality of our technology and significant dedication of our team. At Synthace we want to empower biologists around the world, enabling them to better understand and work with the complexities of living systems and help us all to build a bigger, stronger bioeconomy and a more sustainable future. We are confident that this WEF recognition will help accelerate further growth and expand our global impact.”
As in previous years, American-based entrepreneurs continue to dominate the list of Technology Pioneers, with 22 out of 30 recipients. Other selected pioneers come from France (2), Luxembourg (2), and Canada, Israel, Sweden and the United Kingdom. The Technology Pioneers are mostly active in IT, health (medtech), food, energy, environment, financial services (fintech) and production.
The Technology Pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs, venture capitalists and corporate executives. Notable members of the committee include Jeffrey M. Drazen (Editor-in-Chief, The New England Journal of Medicine) and Sang Yup Lee (Distinguished Professor and Director, Korea Advanced Institute of Science and Technology). The committee based its decisions on criteria including innovation, potential impact, working prototype, viability and leadership. Past recipients include Google (2001), Wikimedia (2007), Mozilla (2007), Kickstarter (2011) and Airbnb (2013). More information on past winners can be found here.
All information on this year’s Technology Pioneers can be found here.
Synthace is exponentially improving productivity in bioscience with an operating system and platform that enables people to better engineer biology for health, food, energy and manufacturing. Central to its technology is a high-level programming language for biology, designed to make simple, reproducible and scalable workflows that are easily automated and shared. Learn more at www.synthace.com
About the World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).