Intel opens London incubator in next round of 30 deeptech startups

Intel opens London incubator in next round of 30 deeptech startups

Business news |
By Nick Flaherty

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Intel has selected 30 deeptech startups for the latest cohort in its Ignite programme, which includes a centre in London for the first time.

Ignite already has centres in Munich and Tel Aviv to tap into the thriving deeptech startup culture in Europe. Over 800 companies applied for the current round.

The new companies in Munich and London include

Akhetonics who are creating the first all-optical, general-purpose CPU/GPU for ultra-low power high performance computing.

Deep Render is an AI-only video & image compression codec, enabling up to 5x reduction of data volume while preserving the video quality for human perception (reference: HEVC/H.265).

Enlightra is developing a chipscale multicolour laser engine for optical communications enabling 100x faster data rates and up to 10x more energy efficient optical systems.

InCirT is working on a Digital-Analog-Converter and Analog-Digital-Converter technology enabling the next generation of wireless communication (e.g. mmWave5G or 6G).

Qilimanjaro Quantum Tech is creating application-specific chips to provide quantum benefits now.

Roseman Labs is developing a data-collaboration platform enabling companies to use each other’s data without the need to expose the underlying source data by computing on decentralized, encrypted data.

TurinTech is a generative AI platform that optimises code and machine learning models, boosting speed and reducing hardware resource requirements.

In Tel Aviv the cohort includes

InsidePacket developing a highly integrated, cost-efficient networking stack (L2-L7) that runs on Carrier-grade COTS HW and provides a disruptive enterprise network as a service solution.

Phononics is developing the use of synthetic diamonds in chip packaging for improved heat dissipation.

OX Security is working on the first end-to-end software supply chain security solution, transforming fragmented workflows and noise from tool overload into continuous software supply chain security.

VOCAI’s technology provides battery safety and performance enhancement on a chip.

In the US the cohort includes

Antaris for a software platform for space that dramatically simplify the design, simulation, and operation of satellites to ensure mission success.

Axoft synthesizes novel materials for brain implants from raw materials for nanofabrication, ASIC chip design, electrophysiological recordings, and neural data analysis.

Themis AI is enabling trustworthy AI in high-risk scenarios, rare events, and anywhere imbalances and biases can be found within training data.

Ubicept is combining next-generation image sensors with advanced computer vision algorithms.

“We had over 800 startups apply for our accelerator program for the spring cohort. We chose 30 total across Israel, Europe and the United States. These startups have garnered on average $7.1 million in funding, demonstrating that promising deep-tech early stage startups still get funded despite economic headwinds,” said Tzahi Weisfeld, Intel vice president and general manager of Intel Ignite.

The programme is currently supporting 118 companies across deeptech, pharmaceutical development and enterprise software.


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