DataFlint

growth-positive

Ignite DeepTech, an independent accelerator spun out from Intels Ignite program, has launched its first cohort, focusing on early-stage startups in deep tech fields such as AI, quantum technologies, and biotechnology. The program partners with Intel and other multinational corporations to support ten startups selected from 258 applicants. These startups are tackling complex challenges in areas like road safety, cybersecurity, and particle accelerators. The initiative aims to leverage Israels deep tech talent and diversify local tech investments. The selected startups have already raised an average of $7.2 million each at the Seed stage, indicating strong investor interest. The program is part of a broader national strategy to foster deep innovation.