MENU

Another ten startups for seventh Intel Ignite Europe

Another ten startups for seventh Intel Ignite Europe

Business news |
By Nick Flaherty



Intel’s global startup accelerator program for early-stage deep tech startups, is launching its seventh cohort in Europe next week.

The Intel Ignite programme is based in Munich, Germany, with startups from across Europe. The current cohort includes 10 startups from Germany, Switzerland, France, the Netherlands, Spain and Sweden, selected from 300 companies from 25 countries. The 12 week programme start son April 22nd.

Deep tech is now the largest venture capital funding category in Europe says Intel and is also among the most resilient.

“Intel Ignite, with its focus on deep tech, is at the very core of the European startup landscape, and plays a central role in fostering and nurturing the startup ecosystem in Europe,” said Markus Bohl, Managing Director, Intel Ignite Europe.

The startups in the seventh European cohort have an average of €7m in funding and range from semiconductor manufacturing, silicon and photonics to memory compression, data streaming and AI processing to applications in the robotics and satellite space.

The startups in this European cohort are:

  • AIRMO (Germany) – High-precision, AI-driven greenhouse gas (GHG) emissions analytics generated from own multi-sensor-equipped satellites.
  • Cartken (Germany) – All vision-based, low-cost self-driving stack for outdoor robotics in industrial and last-mile delivery applications.
  • Flink (Switzerland) – Multi-robot software platform enabled by AI computer vision and motion control intelligence.
  • LUBIS EDA (Germany) – AI-driven cloud platform to preemptively detect and fix chip bugs before production.
  • NcodiN (France) – Laser-integrated photonic technology for high-speed, energy-efficient interconnects in advanced chip packages.
  • Pathway (France) – Unified batch and event stream data processing for complex, high-speed data transformations.
  • SCIL (Netherlands) – Substrate conformal imprint lithography solutions for high-volume patterning at the nanoscale level.
  • Ultralytics (Spain) – Provider of open-source YOLO AI computer models and no-code platform #.
  • Waveye (Germany) – AI-driven, high-res 4D radar imaging for autonomous systems.
  • ZeroPoint (Sweden) – Soft IP for hardware-accelerated, secure and lossless compression across the entire memory architecture.

“From AI based multi-sensor data analysis and autonomous systems, to addressing the chip manufacturing, data processing and computer vision needs of the future, the startups in our latest cohort have the ability to change the world,” said Bohl. “The innovations they have developed are poised to disrupt entire industries in a sustainable way, and we are excited to go on this journey with them to help them accelerate the growth and development of their companies.”

Since the Intel Ignite programme launched in 2019, participating companies have secured over $2.5 billion in funding. 

“Having recently been valued at $3 trillion in the latest State of European Tech report and attracting talent from around the world, the European tech ecosystem is thriving,” said Tzahi (Zack) Weisfeld, VP & GM at Intel Ignite.

“At the end of the day, our mission from a macro perspective is to support and foster that ecosystem, and with these 10 disruptive startups joining Intel Ignite in Europe this spring, we are looking forward to not only working with them to help them find their go-to-market fit and increase their valuations and grow revenue, but also to empower the founders to do these faster and cheaper than they would have on their own, and to become key pillars in that continuously-growing ecosystem,” he said.

The UK Intel Ignite programme opened in September last year.

intelignite.com

 

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News

Share:

Linked Articles
10s