Developer docs
API playgroundTry for free, no card

Search company profiles

Longitude Prize on Dementia

Full company profile

uuid00344d9

Namestring
Longitude Prize on Dementia
Legal namestring
Challenge Works
Company typeenum
Private
Founded yearstring
-
Descriptiontext

The Longitude Prize on Dementia is a £4 million+ challenge prize competition administered by Challenge Works, a not-for-profit enterprise owned by the Nesta foundation. The prize is designed to drive the creation of personalized, technology-based tools that help people living with early-stage dementia maintain independence in daily activities. Solutions are required to be co-created with people living with early-stage dementia, embedding end-user input into the development process. The competition followed a structured multi-stage format: Discovery Awards (175+ ideas entering in 2022), a semi-finalist programme (£1.9 million disbursed in 2023), five finalist teams, and a £1 million grand prize awarded in 2024.

The competition's technology focus is AI-powered assistive technology, validated through the 2024 grand prize award to CrossSense — a smart glasses solution with a built-in AI-powered assistant that uses computer vision to identify everyday objects and an autonomous agent framework to guide users through daily activities. Other entries spanning the prize lifecycle included smart gloves, games-based interventions, and tablet applications. Amazon Web Services provided skills-building, technical support, innovation sessions, and mentoring to the most promising innovators, indicating a multimodal AI development pipeline combining visual perception with conversational guidance.

The Longitude Prize on Dementia is not a commercial enterprise — it does not charge customers, sell products, or generate revenue from sales. It disburses committed prize capital to competing innovator teams across staged milestones. Funding is sourced from Alzheimer's Society (the UK's leading dementia charity) and Innovate UK (the UK's innovation agency), with additional support from the Medical Research Council, The Hunter Foundation, CareTech Foundation, and individual donor Heather Corrie. Challenge Works handles operational execution under the Nesta parent, with operating geographies spanning the UK, EU, USA, and Canada via outreach partners.

Short descriptiontext

The Longitude Prize on Dementia is a £4 million+ UK-based challenge prize administered by Challenge Works (Nesta) that funds AI-powered assistive technologies for people with early-stage dementia, culminating in the £1 million 2024 grand prize awarded to CrossSense.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
challenge prize competition, dementia assistive technology, AI social innovation, health innovation funding, aging technology grants
Industry1 code
1Dementia & Wandering-Safety 24/7 In-Home Care
CodeHSABAHAEPrimaryYes
NAICS code1 code
  • Scientific Research and Development Services5417
Product category
Challenge Prize Programs
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Others, Operations, Personnel, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Longitude Prize on Dementia is a £4 million+ challenge prize competition that funds the development of personalized, technology-based tools co-created with people living with early-stage dementia. The multi-stage programme includes Discovery Awards (175 ideas), a Semi-Finalist programme (£1.9 million in co-creation funding), a Finalist cohort (5 teams), and a £1 million grand prize. The 2024 winning solution, CrossSense, is a smart glasses product with a built-in AI-powered assistant that identifies everyday objects and guides users through daily activities.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

The Longitude Prize on Dementia is a £4 million+ challenge prize competition (not a unified product) designed to drive the creation of personalized, technology-based tools for people living with early-stage dementia. The prize programme includes Discovery Awards funding for early-stage ideas, a semi-finalist programme (£1.9m co-creation funding), a finalist selection of 5 teams, and culminates in a £1 million grand prize. The winning solution, CrossSense, is a smart glasses product with built-in AI that identifies objects and guides users through daily activities. The prize is administered by Challenge Works and supported by partners including Alzheimer's Society and Innovate UK.

Product and service4 records
1Longitude Prize on Dementia
CategoryChallenge prize competition
Description

A £4 million+ challenge prize competition created to drive the creation of personalized, technology-based tools that are co-created with people living with the early stages of dementia, helping them live independent, more fulfilled lives.

2CrossSense
CategoryWinning assistive technology solution
Description

A pioneering smart glasses solution with a built-in AI-powered assistant that identifies everyday objects and guides people living with early-stage dementia through daily activities, helping them maintain independence.

3Discovery Awards
CategoryFunding programme
Description

Early-stage funding programme that accepted 175 brilliant ideas entering the Longitude Prize on Dementia, providing initial support to promising dementia technology innovations.

4Semi-Finalist Programme
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

UK's leading dementia charity and vital source of support. Primary organizer alongside Challenge Works, providing strategic direction and additional funding through donors.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Not-for-profit enterprise owned by Nesta that designs and creates challenge prizes. Has successfully set over 81 challenges with total prize pot of £160M.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Funds research at the forefront of science to prevent illness, develop therapies and improve human health.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Canadian network bringing together stakeholders to develop technologies and services for healthy aging. Training next generation of innovators and making Canada a world leader.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Canada's federal funding agency for health research, providing innovator outreach support for North America.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Powered by Baycrest, helps innovators develop, disseminate, scale, and promote adoption of promising innovations in the aging and brain health sector.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Collaborative industry-led projects to accelerate innovation and position Canadian medical technologies on a global scale.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

UK's leading dedicated investor of socially motivated tech. Charity challenging relationship between tech and society, providing investment and support for high potential social tech ventures.

Strategic tierCoreTypeTechnology or Integration
Description

World's most comprehensive cloud platform. Providing skills-building, technical support, guidance, innovation sessions and mentoring to most promising innovators in the Longitude Prize on Dementia.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Wellcome is a major UK-based charitable foundation supporting health-related research and innovation. Like the Alzheimer's Society/Innovate UK consortium behind the Longitude Prize, Wellcome combines health-research funding with innovation ecosystem building at significant scale.

TypeDirect peer
Description

XPRIZE is the most established global challenge-prize organization, running large-cash competitions to drive breakthrough innovation across health, energy, and exploration. It is structurally identical to Challenge Works/L longitude Prize — non-profit that designs, funds, and disseminates prize challenges to catalyze breakthrough technologies.

TypeDirect peer
Description

Alzheimer's Research UK is the UK's leading dementia research charity, funding scientific research into dementia causes and treatments. It is a UK-based, dementia-focused funding organization with overlapping mission to Longitude Prize on Dementia's dementia technology development.

TypeDirect peer
Description

OpenIDEO runs open innovation challenges to crowdsource solutions to social problems using a structured community-based methodology. It mirrors the Longitude Prize's approach of using curated challenge programs to surface breakthrough ideas from distributed innovator networks.

TypeRegional player
Description

The Alzheimer's Association is the largest US-based voluntary health organization addressing Alzheimer's and dementia through research, care, and support. Comparable as a dementia-focused non-profit funder though its primary geography (US) differs from the Longitude Prize's UK anchor.

TypeDirect peer
Description

Wazoku (formerly InnoCentive) operates an open innovation and challenge-prize platform that connects organizations with solvers worldwide. It is a direct commercial analog to Challenge Works, monetizing the curation and management of prize-style R&D competitions.

TypeDirect peer
Description

HeroX is a crowdsourced innovation and challenge-prize platform that helps organizations design and run competitions to solve defined problems. It directly mirrors the Longitude Prize's model of curating entrants and awarding prize funding to top solutions.

TypeEmerging player
Description

The ALS Association has deployed challenge-prize-style mechanisms (e.g., the ALS Ice Bucket Challenge funding model, prize programs) to drive neurodegenerative-disease breakthroughs. Comparable structurally as a disease-focused non-profit leveraging prizes and curated competitions.

TypeBroad incumbent
Description

Nesta is the parent foundation that owns Challenge Works and is the UK's innovation foundation focused on social impact through innovation. Longitude Prize on Dementia is administered under Nesta's structure, making Nesta the institutional parent and comparable broader innovation funder.

TypeEmerging player
Description

MedTech Innovator is the largest medical-technology accelerator and competition program, running structured competitions to identify and support medtech startups. It mirrors the Discovery → Semi-Final → Final → Grand Prize progression used by the Longitude Prize on Dementia.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Longitude Prize on Dementia

Challenge Prize Programsdementia.longitudeprize.org

The Longitude Prize on Dementia is a £4 million+ UK-based challenge prize administered by Challenge Works (Nesta) that funds AI-powered assistive technologies for people with early-stage dementia, culminating in the £1 million 2024 grand prize awarded to CrossSense.

What Longitude Prize on Dementia does

The Longitude Prize on Dementia is a £4 million+ challenge prize competition administered by Challenge Works, a not-for-profit enterprise owned by the Nesta foundation. The prize is designed to drive the creation of personalized, technology-based tools that help people living with early-stage dementia maintain independence in daily activities. Solutions are required to be co-created with people living with early-stage dementia, embedding end-user input into the development process. The competition followed a structured multi-stage format: Discovery Awards (175+ ideas entering in 2022), a semi-finalist programme (£1.9 million disbursed in 2023), five finalist teams, and a £1 million grand prize awarded in 2024.

The competition's technology focus is AI-powered assistive technology, validated through the 2024 grand prize award to CrossSense — a smart glasses solution with a built-in AI-powered assistant that uses computer vision to identify everyday objects and an autonomous agent framework to guide users through daily activities. Other entries spanning the prize lifecycle included smart gloves, games-based interventions, and tablet applications. Amazon Web Services provided skills-building, technical support, innovation sessions, and mentoring to the most promising innovators, indicating a multimodal AI development pipeline combining visual perception with conversational guidance.

The Longitude Prize on Dementia is not a commercial enterprise — it does not charge customers, sell products, or generate revenue from sales. It disburses committed prize capital to competing innovator teams across staged milestones. Funding is sourced from Alzheimer's Society (the UK's leading dementia charity) and Innovate UK (the UK's innovation agency), with additional support from the Medical Research Council, The Hunter Foundation, CareTech Foundation, and individual donor Heather Corrie. Challenge Works handles operational execution under the Nesta parent, with operating geographies spanning the UK, EU, USA, and Canada via outreach partners.

Longitude Prize on Dementia firmographics

Firmographics
Name
Longitude Prize on Dementia
Legal name
Challenge Works
Website
https://dementia.longitudeprize.org
Company type
Private
Operating status
Operating
Short description
The Longitude Prize on Dementia is a £4 million+ UK-based challenge prize administered by Challenge Works (Nesta) that funds AI-powered assistive technologies for people with early-stage dementia, culminating in the £1 million 2024 grand prize awarded to CrossSense.
Ownership category
akta.pro rank

Longitude Prize on Dementia industry classification

Industry
Product category
Challenge Prize Programs
NAICS
Scientific Research and Development Services (5417)
akta.pro primary industry
Dementia & Wandering-Safety 24/7 In-Home Care (HSABAHAE)

Keywords

  • Challenge prize competition
  • Dementia assistive technology
  • AI social innovation
  • Health innovation funding
  • Aging technology grants

Where Longitude Prize on Dementia is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Markets served

Longitude Prize on Dementia business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Others, Operations, Personnel, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Longitude Prize on Dementia product offering

Product offering

Core offering

The Longitude Prize on Dementia is a £4 million+ challenge prize competition that funds the development of personalized, technology-based tools co-created with people living with early-stage dementia. The multi-stage programme includes Discovery Awards (175 ideas), a Semi-Finalist programme (£1.9 million in co-creation funding), a Finalist cohort (5 teams), and a £1 million grand prize. The 2024 winning solution, CrossSense, is a smart glasses product with a built-in AI-powered assistant that identifies everyday objects and guides users through daily activities.

Product overview

The Longitude Prize on Dementia is a £4 million+ challenge prize competition (not a unified product) designed to drive the creation of personalized, technology-based tools for people living with early-stage dementia. The prize programme includes Discovery Awards funding for early-stage ideas, a semi-finalist programme (£1.9m co-creation funding), a finalist selection of 5 teams, and culminates in a £1 million grand prize. The winning solution, CrossSense, is a smart glasses product with built-in AI that identifies objects and guides users through daily activities. The prize is administered by Challenge Works and supported by partners including Alzheimer's Society and Innovate UK.

Differentiator

Problem solved

Functional benefit

Products and services

  • Longitude Prize on Dementia A £4 million+ challenge prize competition created to drive the creation of personalized, technology-based tools that are co-created with people living with the early stages of dementia, helping them live independent, more fulfilled lives.
  • CrossSense A pioneering smart glasses solution with a built-in AI-powered assistant that identifies everyday objects and guides people living with early-stage dementia through daily activities, helping them maintain independence.
  • Discovery Awards Early-stage funding programme that accepted 175 brilliant ideas entering the Longitude Prize on Dementia, providing initial support to promising dementia technology innovations.
  • Semi-Finalist Programme

Companies that use Longitude Prize on Dementia

Customer profile

Segments2 records

Ideal customer profiles1 record

Longitude Prize on Dementia technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature1 record

Longitude Prize on Dementia partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered flagship and core.

  • Alzheimer's SocietyflagshipStrategic or Co-development PartnerUK's leading dementia charity and vital source of support. Primary organizer alongside Challenge Works, providing strategic direction and additional funding through donors.
  • Challenge WorksflagshipStrategic or Co-development PartnerNot-for-profit enterprise owned by Nesta that designs and creates challenge prizes. Has successfully set over 81 challenges with total prize pot of £160M.
  • Medical Research Council (MRC)coreStrategic or Co-development PartnerFunds research at the forefront of science to prevent illness, develop therapies and improve human health.
  • AgeWell (Canada)coreStrategic or Co-development PartnerCanadian network bringing together stakeholders to develop technologies and services for healthy aging. Training next generation of innovators and making Canada a world leader.
  • AARP (USA)coreStrategic or Co-development PartnerNation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age.
  • Canadian Institutes of Health Research (CIHR)coreStrategic or Co-development PartnerCanada's federal funding agency for health research, providing innovator outreach support for North America.
  • Centre for Aging + Brain Health Innovation (CABHI)coreStrategic or Co-development PartnerPowered by Baycrest, helps innovators develop, disseminate, scale, and promote adoption of promising innovations in the aging and brain health sector.
  • MEDTEQ+ (Canada)coreStrategic or Co-development PartnerCollaborative industry-led projects to accelerate innovation and position Canadian medical technologies on a global scale.
  • Social Tech TrustcoreStrategic or Co-development PartnerUK's leading dedicated investor of socially motivated tech. Charity challenging relationship between tech and society, providing investment and support for high potential social tech ventures.
  • Amazon Web Services (AWS)coreTechnology or IntegrationWorld's most comprehensive cloud platform. Providing skills-building, technical support, guidance, innovation sessions and mentoring to most promising innovators in the Longitude Prize on Dementia.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Longitude Prize on Dementia competitors and assessment

Company assessment

Broad incumbents

  • Wellcome Trust: Wellcome is a major UK-based charitable foundation supporting health-related research and innovation. Like the Alzheimer's Society/Innovate UK consortium behind the Longitude Prize, Wellcome combines health-research funding with innovation ecosystem building at significant scale.
  • Nesta: Nesta is the parent foundation that owns Challenge Works and is the UK's innovation foundation focused on social impact through innovation. Longitude Prize on Dementia is administered under Nesta's structure, making Nesta the institutional parent and comparable broader innovation funder.

Direct peers

  • XPRIZE Foundation: XPRIZE is the most established global challenge-prize organization, running large-cash competitions to drive breakthrough innovation across health, energy, and exploration. It is structurally identical to Challenge Works/L longitude Prize — non-profit that designs, funds, and disseminates prize challenges to catalyze breakthrough technologies.
  • Alzheimer's Research UK: Alzheimer's Research UK is the UK's leading dementia research charity, funding scientific research into dementia causes and treatments. It is a UK-based, dementia-focused funding organization with overlapping mission to Longitude Prize on Dementia's dementia technology development.
  • OpenIDEO: OpenIDEO runs open innovation challenges to crowdsource solutions to social problems using a structured community-based methodology. It mirrors the Longitude Prize's approach of using curated challenge programs to surface breakthrough ideas from distributed innovator networks.
  • Wazoku (formerly InnoCentive): Wazoku (formerly InnoCentive) operates an open innovation and challenge-prize platform that connects organizations with solvers worldwide. It is a direct commercial analog to Challenge Works, monetizing the curation and management of prize-style R&D competitions.
  • HeroX: HeroX is a crowdsourced innovation and challenge-prize platform that helps organizations design and run competitions to solve defined problems. It directly mirrors the Longitude Prize's model of curating entrants and awarding prize funding to top solutions.

Regional players

  • Alzheimer's Association (US): The Alzheimer's Association is the largest US-based voluntary health organization addressing Alzheimer's and dementia through research, care, and support. Comparable as a dementia-focused non-profit funder though its primary geography (US) differs from the Longitude Prize's UK anchor.

Emerging players

  • ALS Association: The ALS Association has deployed challenge-prize-style mechanisms (e.g., the ALS Ice Bucket Challenge funding model, prize programs) to drive neurodegenerative-disease breakthroughs. Comparable structurally as a disease-focused non-profit leveraging prizes and curated competitions.
  • MedTech Innovator: MedTech Innovator is the largest medical-technology accelerator and competition program, running structured competitions to identify and support medtech startups. It mirrors the Discovery → Semi-Final → Final → Grand Prize progression used by the Longitude Prize on Dementia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Longitude Prize on Dementia social profiles

Digital presence

Longitude Prize on Dementia financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Longitude Prize on Dementia leadership team

Management profile

Number of profiles

Longitude Prize on Dementia funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Longitude Prize on Dementia M&A and investment

M&A and investment

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Longitude Prize on Dementia

What does Longitude Prize on Dementia do?

The Longitude Prize on Dementia is a £4 million+ challenge prize competition that funds the development of personalized, technology-based tools co-created with people living with early-stage dementia. The multi-stage programme includes Discovery Awards (175 ideas), a Semi-Finalist programme (£1.9 million in co-creation funding), a Finalist cohort (5 teams), and a £1 million grand prize. The 2024 winning solution, CrossSense, is a smart glasses product with a built-in AI-powered assistant that identifies everyday objects and guides users through daily activities.

Is Longitude Prize on Dementia a public or private company?

Longitude Prize on Dementia is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Longitude Prize on Dementia founded?

Longitude Prize on Dementia was founded in -1.

Where is Longitude Prize on Dementia based?

Longitude Prize on Dementia is headquartered in London, United Kingdom, in the Europe region.

Who are Longitude Prize on Dementia's main competitors?

Broad incumbents on record are Wellcome Trust and Nesta. Direct peers are XPRIZE Foundation, Alzheimer's Research UK, OpenIDEO, Wazoku (formerly InnoCentive) and HeroX. Alzheimer's Association (US) is listed as a regional player. Emerging players are ALS Association and MedTech Innovator.

Does Longitude Prize on Dementia have an API?

No public API is recorded for Longitude Prize on Dementia.

What industry is Longitude Prize on Dementia in?

Longitude Prize on Dementia's product category is Challenge Prize Programs. Its primary akta.pro industry code is HSABAHAE, Dementia & Wandering-Safety 24/7 In-Home Care. Its NAICS code is 5417.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales