+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
News Article

Intel Ignite launches its European cohort of Spring 2024


The accelerator programme has announced the 10 startups selected to take part in this round, which are working on a broad range of technologies including photonics

Intel Ignite, Intel’s global startup accelerator programme for early-stage deep tech startups, has launched the seventh cohort of its European programme, which is based in Munich, Germany, with startups from across the continent. The current cohort includes startups from Germany, Switzerland, France, the Netherlands, Spain, and Sweden. The participants were selected from an applicant pool of more than 300 companies from 25 countries for the 12-week programme.

According to Intel Ignite, deep tech is now the largest venture capital funding category in Europe, 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 of Intel Ignite Europe.

The startups in the seventh European cohort have an average of €7 million in funding and are focused on a broad spectrum of deep tech, from semiconductor manufacturing, silicon, and photonics to memory compression, data streaming, AI processing, and applications in the robotics and satellite space.

Among the 10 participants in this round is NcodiN, a startup based at the at the Centre for Nanosciences and Nanotechnologies (C2N), a joint unit of CNRS/Paris-Saclay University. Harnessing nanophotonics research into III-V semiconductor lasers, NcodiN is focused on developing an optical interposer to enable high-speed, energy-efficient interconnects in chip packages, facilitating high-performance computing and AI.

The nine other startups in the new European cohort are: AIRMO, Cartken, LUBIS EDA, and Waveye (based in Germany); Flink (based in Switzerland); Pathway (based in France); SCIL (based in the Netherlands); Ultralytics (based in Spain); and ZeroPoint (based in Sweden).

“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.”

Intel Ignite says it has a proven track record of helping deep tech startups achieve significant strategic impact and get to product market fit more quickly. The accelerator programme says that, since it launched in 2019, the companies have collectively secured over $2.5 billion in funding. Intel Ignite adds that its portfolio median for 2023 exceeded the Dealroom median by 8x for seed rounds and reached more than double the Dealroom median for Series A rounds.

“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, 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.”

UniversityWafer announces new supply silicon-on-insulator substrates
Paratus deploys Infinera GX Series in superhighway network
The first universal, programmable, multifunctional photonic chip
Intel Ignite launches its European cohort of Spring 2024
A large-scale photonic chiplet to power artificial general intelligence
Aeva creates Automotive Center of Excellence in Germany
Luceda Photonics releases new Test Design Kit
PhotonVentures’ second fundraising round brings total to €75 million
New edition of IPSR-I photonics roadmap published
Luceda Photonics and Alter Technology collaborate on PIC assembly
Alcyon Photonics and Applied Nanotools collaborate on photonics PDK
Aire Networks deploys Infinera’s ICE-X pluggable solution
Nexus participates in airborne hazard detection project
CMC Microsystems and ventureLAB support semiconductors in Canada
Startups selected for Luminate NY accelerator announced
POET and MultiLane partner on transceivers
Rapid Photonics receives €300,000 for lithium niobate PIC production
Lumentum announces improvements to 800ZR+ transceivers
Teramount and GlobalFoundries cooperate on silicon photonics
StarIC teams up with GlobalFoundries on silicon photonics
Marvell demonstrates 200G 3D silicon photonics engine
Alphawave Semi and InnoLight collaborate on linear pluggable optics
NewPhotonics introduces PIC with integrated optical equaliser
Pilot Photonics secures €2.5 million from European Innovation Council
Ranovus collaborates with MediaTek on 6.4T co-packaged optics
Stellantis Ventures invests in SteerLight silicon photonics LiDAR
Semilux launches programme to develop LiDAR for autonomous vehicles
Coherent recognises Tower Semiconductor with Outstanding Innovation and Technology Supplier Award
photonixFAB Consortium now open for first prototyping
Roadmap to drive PIC industry forward unveiled
European quantum experts team up on photonic quantum computing
OpenLight Partners with VLC Photonics to Expand Design and Test Capacity

Search the news archive

To close this popup you can press escape or click the close icon.
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • View all news 22645 more articles
Register - Step 1

You may choose to subscribe to the PIC Magazine, the PIC Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: