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    Home»Startup»Intel Ignite Selects 10 Leading Companies for First U.S. Startup Growth Program
    Startup

    Intel Ignite Selects 10 Leading Companies for First U.S. Startup Growth Program

    admin1By admin1November 10, 20224 Mins Read
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    BOSTON, November 9, 2022 – Intel Ignite, Intel Corporation’s acceleration program for early-stage deep tech startups, today announced the 10 startups selected for its first cohort in Boston. The 12-week program he is due to start on November 9th.

    After reviewing over 500 prospects, 60 promising start-ups went through the due diligence process. After that, 18 startups were shortlisted and 10 startups were selected. Over 100 Intel executives and technology leaders, top venture capitalists, entrepreneurs, and ecosystem influencers heard in-depth presentations from a short list of founders, rated companies across a range of characteristics, and Intel Ignite Helped determine the final selected companies.

    “This new Boston cohort marks an important milestone for the Intel Ignite program,” said Tzahi (Zack) Weisfeld, Intel Ignite VP and General Manager. “Since 2019, 90 startups have graduated from the program in Tel Aviv and Munich. Due to the value, new business opportunities and product technology breakthroughs created for participating startups, a whopping 93 net promoters from graduating startups. was given a score of

    Intel recently announced the expansion of Intel Ignite to Boston. Adding to existing programs in Tel Aviv and Munich, the first program in the US will assign each startup to an Intel lead mentor and an industry mentor for weekly meetings. The program includes sales and marketing workshops, rapid product-market fit, culture and team building, networking and coaching sessions with industry experts. This includes sessions on how to navigate difficult economic times. Mentors advise startups on crisis management and share tips for successfully managing and building an enterprise, regardless of challenges.

    The new cohort is made up of a variety of seed startups, each raising an average of $8.5 million or more in seed or pre-seed capital. They span a wide range of technological innovations, from cloud computing to restaurant management to machine learning to artificial intelligence. Companies in the first Boston cohort are:

    • Atlantic Quantum Corp. – Builds quantum computers with scalable control architectures.
    • Control Plane Corporation – A sky computing solution that enables developers to run their workloads on any cloud.
    • Einblick – Empowers data scientists to explore data, build predictive models, and collaborate with stakeholders to deploy data apps.
    • Geminus.ai – An Industrial AI Platform as a Service (PaaS) that fuses measurement data and physics into efficient digital twins.
    • Halometer – Track your customer’s dining experience to reduce service time.
    • Irradiant – Creating the future of optics and photonics with ultrafast nanoscale 3D printing of metals, semiconductors and dielectrics.
    • LASE Innovation – Developing laser particles as new optical barcodes, focused on advancing single-cell analysis for life sciences.
    • Modzy – Provides an MLOps software platform to integrate, run and monitor ML/AI models anywhere from the enterprise to the edge.
    • Normal Computing Corporation – Building a full-stack thermodynamic AI platform.
    • Revela – Uses biological models and AI to develop new consumer health solutions.

    Mark Castleman, Managing Director of Intel Ignite Boston, said: “The startups selected for our Boston cohort are unique and disruptive. The founders are extraordinary leaders and we are happy to support them in their journey.”

    First launched in 2019, the Intel Ignite program supports founders as they set out to shape the future of technology. Participants join his 12-week program to connect with global business and technology leaders, receive customized support, accelerate research and development, and pave the way for greater reach and impact.

    The program focuses on key aspects of early-stage startup growth and is led by industry-leading experts inside and outside of Intel who act as experienced program mentors and a team of collaborative Allow your environment to explore big ideas.

    There are currently 30 startups participating in the Intel Ignite program in three locations: Boston, Tel Aviv and Munich.

    Technology has the power to solve some of the world’s biggest challenges. Fostering an open ecosystem is the cornerstone of Intel’s approach, enabling a variety of players, including Intel, to disrupt and create new markets.

    For more information about the Boston program and Intel Ignite, please visit the Intel Ignite website.


    Source: Intel



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