London, UK, 9 October 2024 – Amygda, a leading provider of AI-powered solutions for operations teams in the transport sector, has been selected to join Plug and Play Alberta’s Fall 2024 Sector Agnostic (AI) accelerator programme. Amygda is among 72 startups chosen from an international pool of applicants, representing one of the select few UK companies in the cohort.
The programme provides access to Plug and Play’s global network of over 500 corporate partners and numerous venture capital firms.
“This opportunity with Plug and Play Alberta marks a significant milestone in our mission to transform transport operations through AI innovation,” said Faizan Patankar, CEO of Amygda. “We look forward to leveraging this platform to strengthen our presence in North America and continue developing solutions that reduce maintenance costs and improve operational efficiency for transport operators.”
Amygda will present at the inaugural Plug and Play Alberta Summit, taking place on 13-14th November in Kananaskis.
Find out more on the Sector Agnostic (AI) Batch 6 startups here.
Visit the Plug and Play Alberta website for more information.
About Plug and Play Alberta
Plug and Play Alberta is building a world-class innovation platform to attract top technology and investment to the region and support Albertan entrepreneurs to scale and grow, hire tech talent, and propel digital transformation across the province. Plug and Play is part of the Alberta Scaleup and Growth Accelerator Program that is run by a consortium led by Alberta Innovates. The consortium, which also includes the Government of Alberta, Edmonton Unlimited, the Opportunity Calgary Investment Fund, and Prairies Economic Development Canada (PrairiesCan), allocated $35 million over three years to retain business accelerators. It’s part of the Alberta government’s goal to help create 20,000 jobs and increase technology firm revenue to $5 billion by 2030.
About Amygda
Amygda is a UK-based, fast-growing AI startup, pioneering AI and Generative AI solutions aimed at transforming maintenance and operations practices.
Founded in 2021, by ex-Rolls-Royce engineers. Amygda’s AI is working in aviation, airports, and rail industry.
