50% of LATERAL’s Resources go into Incubator projects, either wholly-owned by Lateral or in joint-ventures with other businesses.
We are very passionate about entrepreneurship and creative projects. The incubator platform allows us to experiment in a commercial environment and spread our risk always looking for the next “interesting idea”.
Our incubator business has so far generated 3 successes, we’re proud of:
Alliants’s Ruby-on-Rails technology team (created and sold to Alliants.co.uk)
CeeVee.com – acquired from Lee Wilkins, developed and sold to Neogen SA
TravelConnect, sold (non exclusive license) to Travelzoo (NASDAQ: TZOO)