BELLEVUE, Wash.--(BUSINESS WIRE)--5G Open Innovation Lab (5G OI Lab) announced today its Batch #9 cohort, eleven startups carefully curated from around the globe to embark on 5G OI Lab’s Spring program, which begins this week.
Now in its fifth year, 5G OI Lab has built a thriving ecosystem of 129 startups supported by world-class partners including AT&T, Comcast, Microsoft, Intel, VMware by Broadcom and more. Combined, the Lab’s alumni have raised over $2.23B in venture capital, representing the largest standalone ecosystem in the realm of 5G and Edge technology, solidifying its position as a premier destination for innovation and technological advancement.
This year also marks a key milestone in the Lab’s evolution from an innovation engine to CSP monetizing of edge computing through a business ecosystem for partners and startups, as evidenced by the recent deployment of a private 5G network at the Tacoma Tideflats, a project directed by 5G OI Lab and Washington Maritime Blue with the support of Lab partners Comcast, Dell Technologies, VMware by Broadcom, Intel, Expeto, Ericsson, and others.
“We are now focused on deepening our relationships with communication service providers, global solution providers and enterprises. The industry is at an inflection point and there is growing recognition that 5G is far more than a communication backbone. It can transform connectivity into a value-delivery platform powered by edge computing. And as evidenced at Tacoma Tideflats, our robust software ecosystem can be tapped to solve real business challenges in new and exciting ways,” says Jim Brisimitzis, Founder and General Partner of the 5G Open Innovation Lab.
5G OI Lab Announces its Batch #9 Spring Cohort
The startups selected to join the 5G Open Innovation Lab’s Spring Batch 9 include:
Graphiant - Graphiant creates Network Edge to integrate the enterprise-grade performance of MPLS with agility and cost savings.
HarperDB - HarperDB is a distributed application platform that lets developers deliver custom applications and the data that power them to the edge.
Weavix - Weavix is a software platform that unlocks frontline communication. Beyond communication, Weavix harnesses the power of AI to gather and analyze frontline efficiency and safety data that delivers executives unprecedented visibility into their facilities.
Sensorz - Sensorz is a wireless observability and RF digital twin technology powered by AI that provides real-time, continuous visibility.
Fixposition AG - Fixposition enables precise autonomous navigation by increasing reliability and expanding the availability of precise global positioning everywhere by using vision and sensor fusion to overcome limitations posed by GNSS signals in challenging scenarios.
Archetype AI - Archetype AI is a developer platform for building generative AI applications for the physical world.
Radium Cloud - Radium offers a platform that enables users to easily access high-performance compute resources and other tools and services required for AI development, in an on-demand fashion and in the cloud.
Boon Logic - Boon Logic is a machine learning software company that has designed Boon Nano, the fastest unsupervised machine learning algorithm in the world.
Cognitag - Cognitag’s Embedded Intelligence Platform (EIP) middleware enables integrators and developers to rapidly create firmware for smart, yet ultra-low power IoT.
Ecrio - Ecrio is the leading supplier of end-to-end communication software, an essential component for the deployment of 5G/LTE private networks
About 5G Open Innovation Lab
The 5G Open Innovation Lab is a global innovation ecosystem that brings together multi-stage startups, enterprise and global technology platforms and investors to connect and collaborate on developing disruptive new enterprise technologies and solutions that capitalize on the power of edge computing connected to public and private 5G networks.
Since 2019, the Lab has attracted a roster of world-class corporate and industry partners and 129 multi-stage enterprise startups who have collectively raised $2.23B of venture capital. Through 5G OI Lab’s unique model of open collaborative innovation, corporate partners work directly with ecosystem startups to accelerate commercialization through proof of concept, go-to-market, and other engagements and opportunities.
