Connecting corporates to innovative scaleup solutions

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Explore how Grow London connected Grosvenor Property UK to an ecosystem of startups to help reach sustainability goals.

Success in numbers

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Bespoke event for Grosvenor

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Scaleups identified

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Scaleups selected to pitch

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Progressed to pilot stage

At Grow London we have a community that includes world-class scaleups and major corporate players, and our team of sector and ecosystem experts makes valuable business connections to promote growth.  

But we also create unique opportunities where we can help companies achieve more specific goals. 

Discover how one of our Meet the Corporate events is helping Grosvenor Property UK reach its sustainability goals by connecting with our network of proptech companies. 
 

About Grosvenor Property UK

Grosvenor Property UK is an investor and manager of neighbourhoods across London with a 350-year history. 

Grosvenor joined London & Partners’ Innovation Fellowship network in early 2023, connecting with Andy Doyle, Director of Operations, Innovation & Strategy.  

The challenge

Grosvenor Property UK has an active innovation team that invests in early-stage companies aligned with strategic aims set out by business units. Its UK business, with £5.8bn of assets under management across 1,350 properties, is responding flexibly to occupier needs.  

It’s also expanding its sustainability agenda to include ambitious social and environmental goals: to reach net zero by reducing emissions by 52% by 2030 and 90% by 2040, in line with the Science Based Targets Initiative. 

At the start of 2024, Grosvenor Property UK reached out to London & Partners to connect with our ecosystem of early stage proptech companies. 

The company was looking to:  

  • Improve building maintenance and repairs. 
  • Reduce operational carbon. 
  • Reduce embodied carbon. 
  • Enhance sustainability measures (e.g., water, biodiversity, accessibility etc.). 
  • Enhance data management and insight. 

How London & Partners helped

We connected promising scaleups from our network with Grosvenor's Innovation & Venture Investing team, facilitating private pitch sessions. 

We scanned our global network and identified 39 highly relevant companies, and with the Grosvenor team we filtered down to eight high-potential startups for the pitch.

These companies had the opportunity to showcase their innovative solutions and engage in in-depth Q&A sessions with Grosvenor's investment team. 

Outcome

From a competitive field of eight companies, two advanced to the pilot stage to test their solutions with Grosvenor Property.

Inotek

Inotek is running a pilot across four Grosvenor buildings to trial its AI-led fault and leak detection capabilities using its thermal drone surveying service. This trial aims to quickly and accurately identify building faults which support enhanced property maintenance. 

Consigli

Consigli is running a trial of two AI tools with Grosvenor’s Development team across different projects to address enhanced project delivery. The aim of the trial is to accurately and quickly review tender documentation to reduce errors and discrepancies, and to optimise building plans.

 

Scaleup portfolio

Grosvenor Property UK’s Innovation team

The innovation team at Grosvenor is always looking for new scaling tech companies that can transform how the business works.  

Its employee-led open innovation programme, Future+, adopts a problem-led approach to innovation and is dedicated to finding better ways of doing things across the business.  

It addresses strategic priorities that support the fulfilment of Grosvenor Property UK’s ambitious commercial, environmental and strategic goals. That's why close collaboration with and venture investment into early stage companies plays a huge part of its innovation activity. 

The Innovation team oversees and manages trials, ensuring progress at pace. At any one time, 30 trials could be live and more than 200 Future+ trials have been undertaken to date. 

Bespoke events that connect corporates with scaleups

Meet the Corporate is an event series that launched in 2023 to connect London & Partners’ startup network to world-leading corporates who buy, invest in and procure startup technology. 

Through tailored events, scaleups can understand their key challenges and investment priorities and companies can showcase their business to corporate decision makers. 

 

Get in touch to learn more

Grow London runs monthly Meet the Corporate events to connect corporates to highly relevant scaleup solutions.   

If you’re a scaleup keen to get in front of corporate decision makers check out our Grow London Global Programme

If you’re a corporate please contact Ruby Mould at [email protected] 

 

I continue to be excited about the community of Open Innovation Fellows we are building at Grow London, not only for the opportunity for the Fellows to share best practice and learn from their peers but the connections we are making to scale up leaders and innovators across our ecosystem.  This will ensure London remains one of the most innovative global cities and a place to connect with innovators, corporate leaders and investors.
Janet Coyle CBE
Managing Director, Grow London, London & Partners
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