Zeetta Networks and Kets Quantum Security will have access to capital and mentoring for their wireless network and encryption technology respectively.
Two University of Bristol spinouts – UK-based wireless communications developer Zeetta Networks and quantum encryption creator Kets Quantum Security – have been accepted onto communications-focused accelerator the Tip Ecosystem Acceleration Centre (TEAC).
Zeetta will design software-based networks that allow their administrators to manage system behaviour more easily and could be deployed in smart cities and university campuses.
The spinout is based on research by co-founders Reza Nejabati and Dimitra Simeonidou of the university’s High-Performance Networks Group, a research department for hardware and software technologies.
Kets is developing next-generation encryption research from University of Bristol’s Quantum Engineering Technology Labs department. Using quantum computer engineering for security has the potential to one day help thwart cyberattacks.
TEAC is operated by Telecom Infra Project (Tip), a global communications alliance of more than 450 affiliates that includes accelerators with telecoms sponsors in South Korea (SK Telecom), France (Orange) and Germany (Deutsche Telekom).
Both UK-based spinouts gain access to more than £125m ($170m) in capital along with expertise put up by TEAC’s UK sponsors – telecoms firm BT and social media firm Facebook – as well as other backers including university venture funds Cambridge Innovation Capital and Oxford Sciences Innovation.
UK-based commercialisation firms IP Group and Touchstone Innovations have also supported the initiative, as have Atlantic Bridge, Capital Enterprise, Episode 1 Ventures, Downing Ventures and Seraphim Capital, as well as startup accelerator Entrepreneur First.