Key takeaways
- Fetch.ai has created a $10 million annual innovation fund to support startups in AI and emerging technologies.
- The accelerator aims to empower early-stage startups and drive advancements in AI, quantum computing and high-performance computing.
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Crypto artificial intelligence company Fetch.ai is launching a new Startup Accelerator program as part of its Innovation Lab. The program, supported by a $10 million annual innovation fund, is designed to support early-stage startups working in the areas of AI, quantum computing and high-performance computing.
The program, which operates in innovation labs in San Francisco, London and India, will host two to three innovation competitions per year while maintaining year-round startup support programs.
The program provides funding, mentoring and access to Fetch.ai technology and resources to help these startups develop and commercialize their innovations. Key features include personalized guidance from industry leaders, exclusive access to Fetch.ai’s technology stack, global showcasing opportunities, and cross-border collaboration through its international hubs.
“AI, quantum computing and other advanced technologies are reshaping the way we solve complex problems,” said Sana Wajid, chief development officer at Fetch.ai Innovation Labs. “Our accelerator is designed to help founders take their innovations from concept to market, equipping them with the tools and expertise to create meaningful impact.
Eligible startups must have a minimum viable product or prototype. The program is industry agnostic, providing startups from diverse sectors with access to mentorship, tools and global opportunities to scale their solutions.
Applications are now open for the first cohort via the accelerator website. The Cambridge-based AI company aims to support projects from conception through to commercialization with comprehensive, personalized support for participants.
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