A company in Bristol that has developed advanced GPS tracking technology has been named Europe’s 'hottest' startup of 2020.
FocalPoint, which is headquartered in Cambridge but also has a base in Bristol, scooped the accolade at the Europa Awards - one of Europe’s biggest tech start-up competitions.
The tech firm has developed software that is used to improve global navigation satellite systems around the world.
It’s used on personal devices and autonomous platforms as well as across industries such as transport (autonomous driving) and the creative sector (augmented reality and virtual reality).
Hundreds of European start-up founders and their teams gathered on Zoom for the awards, whose past winners include Spotify, Transferwise, SoundCloud and Babylon Health.
The virtual event was hosted by TechCrunch editor Mike Butcher who announced the category winners online.
Winners were chosen by public vote and a panel including venture capitalists and industry experts.
Founder and chief executive Ramsey Faragher said: “This is a fantastic recognition of the hard work of the whole FocalPoint team and comes at an incredibly exciting time for the business.
“We're honoured to be added to such a formidable list of European Tech stars, and we look forward to the coming months.”
Ramsey, who founded FocalPoint in 2015, said the company was “happy to bask in the glory” of winning.
He added: “We’re working full tilt on integration for our S-GPS software into commercial GPS chips and are putting a sports wearable demo through final testing. There’s lots to come.”
The Europas were founded in 2009 to recognise tech start-ups from across Europe.
