North East architecture firm signs five-figure joint venture to advance quality of life technology
A North East architecture practice has announced that it has signed a five-figure joint venture to create a new aging technology company.
Space Architects has signed the deal with dementia research specialists the University of Stirling, forming a new company, Iridis Digital.
The five-figure co-investment will see Iridis develop new technology that will allow people living with dementia to experience a higher quality of life.
The venture has led to the creation of the Iridis Homeowner application, which is aimed at assessing how ‘dementia friendly’ buildings are and where improvements can be made. e Centre’s Chief Architect Lesley Palmer in the development of the new company.
David Wise, an associate director at Space Architects, said: “It is important to us that we continue to be involved in exciting projects which make a difference.
“It is well documented that we have an ageing population, but housing stock that doesn’t necessarily meet their needs. This isn’t just a problem in the UK, but internationally.
“Iridis not only allows existing homes and environments to be suitably adapted but when individuals are moving into new premises, they can plan ahead by identifying improvements that will support their dementia needs.
“It has the potential to help people live more independently for longer - and sometimes small changes can make all the difference, and Iridis can help them with that.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025