Intel Ignite Launches First London Cohort
September 7, 2023 | IntelEstimated reading time: 2 minutes
Intel Ignite, Intel Corporation's acceleration program for early-stage deep tech startups, reveals the 10 exceptional startups selected for its first cohort in the United Kingdom. The 12-week program kicks off Sept. 12, 2023.
More than 200 startups applied for a spot in the London-based program. After rigorous evaluations led by Intel executives and technical leaders from across the tech industry, top venture capitalists, entrepreneurs and ecosystem influencers, 10 were selected. The companies span diverse technologies, including generative AI and machine learning, large language models, data, cloud and edge, next-generation computing, security and privacy, autonomous technologies and robotics, hardware and manufacturing, software developer tools, and software development and operations.
“With these pioneering startups, Intel Ignite is thrilled to be launching the first cohort in London, which is home to the third-largest market in the world of startups and the number one market outside of the U.S.,” said Tzahi (Zack) Weisfeld, Intel vice president and general manager of Intel Ignite. “Since its inception in 2019, Intel Ignite has worked alongside early-stage deep tech companies to provide guidance, and together we are co-creating innovative technology that will change our future. Our participating companies collectively have secured an astounding $1.7 billion in funding, and we look forward to fostering more disruption and driving the cutting edge of technology forward.”
The first cohort for the U.K. includes:
- Apoha – Sensory Intelligence for grounding machines into physical reality.
- Circuit Mind – Architecture to automatically select components and circuit schematics in 60 seconds.
- Crypto Quantique – Chip-to-cloud solution to manage and secure Internet of Things devices in a single platform at scale.
- Finchetto – Building the first all-optical, passive network switch.
- Ivy – Unifying all AI frameworks, infrastructure and hardware, and accelerating both development and deployment with one line of code.
- LGN – Enterprise-grade deployment and management platform for computer vision-based edge AI systems.
- Lumai – Ultra fast, highly scalable 3D-optical inference processor.
- Skippr – Accelerating the product design process with AI.
- Vaultree – Fully functional “in-use” encryption for database and AI workloads.
- VyperCore – Compute acceleration and application security via novel microprocessor design.
“As our deep tech accelerator program expands to an additional home in London, these 10 startups are set to disrupt and redefine the future of technology,” said Ofer Shayo, Intel Ignite London managing director. “They embody the spirit of innovation that defines the heart of the U.K.’s startup ecosystem.”
Intel recently announced the expansion of Intel Ignite into the U.K. As with the existing programs in Israel, Europe and the U.S., the founders in the inaugural program in the U.K. will be guided and mentored by seasoned entrepreneurs from Intel and other experts. They will gain invaluable insights into essential areas such as fundraising, go-to-market strategies, marketing and sales, technology, and product development. Additionally, the program will prioritize crucial topics, including founders’ mental health, diversity and inclusion, and the effective management of co-founder dynamics. Early-stage ventures selected for the first U.K. cohort have already secured substantial capital; the average funding for this inaugural cohort is roughly $7.6 million from notable investors. The program is non-dilutive and free to startups, and there is no financial participation from Intel or Intel Ignite to the startups.
Suggested Items
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
IDTechEx Report on Quantum Technology: Nano-scale Physics for Massive Market Impact
04/30/2024 | PRNewswireThe quantum technology market leverages nano-scale physics to create revolutionary new devices for computing, sensing, and communications. Across the industry, quantum technology offers a paradigm shift in performance compared with incumbent solutions.
TSMC Certifies Ansys Multiphysics Platforms, Enabling Next-Gen AI and HPC Chips
04/30/2024 | PRNewswireAnsys announced the certification of its power integrity platforms for TSMC's N2 technology full production release. Both Ansys RedHawk-SC and Ansys Totem are certified for power integrity signoff on the N2 process, delivering significant speed and power advantages for high performance computing, mobile chips, and 3D-IC designs.
Koh Young Extends Invitation to the 2024 IEEE Electronic Components and Technology Conference
04/30/2024 | Koh YoungKoh Young, the industry leader in True3D measurement-based inspection solutions, invites you to join us at the at the 2024 IEEE Electronic Components and Technology Conference from May 28-31, 2024, in Denver, Colorado at the Gaylord Rockies Resort & Convention Center.
Samsung Electronics Begins Industry’s First Mass Production of 9th-Gen V-NAND
04/29/2024 | Samsung ElectronicsSamsung Electronics, the world leader in advanced memory technology, today announced that it has begun mass production for its one-terabit (Tb) triple-level cell (TLC) 9th-generation vertical NAND (V-NAND), solidifying its leadership in the NAND flash market.