Institutional development · Research, innovation and assessment · United Kingdom
Manchester start-up LanthaGen Bio takes £100,000 equity prize in first Coller AI Competition
LanthaGen Bio, which grew out of the University of Manchester, has topped the debut Coller AI Competition and will receive a £100,000 equity investment for further metals research.
Why it matters: LanthaGen Bio, a University of Manchester start-up, receives £100,000 in equity to extend its metals recycling research.
The University of Manchester said that LanthaGen Bio Ltd, one of its start-ups, came first in the debut edition of the Coller AI Competition.
According to the university, the firm is building technology driven by artificial intelligence for retrieving high-value metals.
The award takes the form of a £100,000 equity investment, which the university said the company plans to spend on research into recycling a new metal.
Editor’s view
Scott James, Research and Innovation Editor
For LanthaGen Bio, the University of Manchester start-up, the £100,000 equity stake is to be used to move its AI-based recovery work towards the recycling of a new metal.
