The 2022 Converge Awards in Edinburgh saw life sciences innovations dominating, alongside startups in various technology, product design and net zero-related fields.

Professor Rebecca Goss, founder of X-Genix, a biotech start-up in the process of spinning out from the University of St Andrews was named the overall Converge Challenge winner, scooping the top prize of the night totalling £69,000 in equity-free cash and in-kind business support.

X-Genix is revolutionising the way that medicines are made by transforming the process of halogenation. Fundamental to drug discovery, halogenation is currently expensive, time-consuming, low yielding and wasteful, creating numerous toxic by-products.

The company’s technology is faster, cheaper and greener using sea salt as its starting material. Already in talks with global pharmaceutical companies, X-Genix’s aims to accelerate drug discovery, a market estimated at over $250 billion each year, fast tracking new drugs including antibiotics to the global marketplace.

Professor Goss was recognised by the Converge Challenge judging panel for her passion for chemistry and “ability to articulate not just the importance of her discovery but also the economic and health impact of its applications”.

She was also lauded for her “brilliant team, network, and connection to the global pharmaceutical industry which will boost its future success”.

Cabinet Secretary for Education & Skills, Shirley-Anne Somerville, who presented Professor Goss with the Converge Challenge Award said: “The Converge Awards are an excellent example of what can be achieved when research, innovation and an entrepreneurial mind-set come together and work toward a common goal.

“From biotech to product innovation, this year’s winners have demonstrated outstanding talent and creativity and I congratulate all those that took part in this year’s awards for their efforts.

“Building on the foundations we already have in place in Scotland – world-class universities, cutting-edge research, and an active investment market – our National Strategy for Economic Transformation will embed a culture in which entrepreneurship is encouraged, supported, and celebrated. This approach will ensure that the creativity, ingenuity and determination needed for a start-up nation will create an economy that works for all.”

The Converge Challenge runner-up prize was won by Professor Emanuele Trucco and veteran CEO David Bowie of Eye to the Future, a collaboration between the University of Dundee and the University of Edinburgh.

Underpinned by over 20 years of research, Eye to the Future’s software enables the early detection of glaucoma and diabetic retinopathy, the leading cause of blindness, from a simple eye exam. By improving diagnostic accuracy, the technology will also reduce patient referrals for suspected eye conditions helping health providers, such as the NHS, channel their resources more efficiently.

Other winners included Edinburgh Napier University graduate, Erin Reid of LU Innovations – a menstrual hygiene start-up designing period products for women who enjoy outdoor activities or who work in remote environments.

Erin won both the Create Change Challenge and the Rose Award, a special standalone prize sponsored by The Royal Bank of Scotland designed to boost female entrepreneurship in Scotland. Erin’s joint prize package included £40,000 in equity-free cash, over £10,000 of in-kind business support and a one-to-one mentoring session with Alison Rose, NatWest Group CEO and author of the Rose Review on female entrepreneurship.

Winning the Net Zero Challenge, a category sponsored by SSE, was University of Edinburgh undergraduate, Niall McGrath, founder of Robocean. Niall’s prize package included £30,000 of equity-free cash and over £17,000 of in-kind business support.

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Robocean focuses on restoring endangered seagrass meadows – one of nature’s most effective carbon capture solutions – using autonomous and remotely operated subsea robotics. By mechanising the restoration process and lowering workforce costs, the company plans to rewild the world’s oceans to tackle climate change at the source.

Claudia Cavalluzzo, executive director at Converge, said: “Each of our finalists this year brought their A-game, leaving all of us and our judges in awe of their innovation, passion and utter brilliance. Our 15 winners and runners-up have created game-changing innovations that will make a real difference to health, the environment, society, and more.

“Our winners join an enviable set who have gone on to create not only successful companies but, in many cases, life-changing innovations. While our awards last night marked the end of the 2022 Converge programme, the work of our winners and wider cohort is very far from over as their journey continues towards commercialisation – helped in no small part, we hope, by the cash prizes they have picked up this evening. It is now time for our 2022 cohort to move onto the next level of success – and our team and I will be eagerly following their progress.”

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