Intel Ignite

Last updated
Intel Ignite
Intel Ignite Logo.png
Founded2019
Area servedWorldwide
Owner Intel
General manager Zack Weisfeld
Key peopleRanny Nachmias -Tel Aviv chapter Managing Director
Industry High tech
URL intelignite.com
RegistrationRequired
Launched2019

Intel Ignite is a global corporate startup program for early-stage startups launched in 2019 by Intel. [1] [2] The program debuted in Tel Aviv and later expanded to include cities in the United States and Germany. [3] [4]

Its global program is run by Zack Weisfeld, a former global head of Microsoft for Startups, and Ranny Nachmias is in charge of its Israeli chapter. [5] [6]

History

In December 2020, the program completed three batches, and companies funded in the final round raised more than $5 million.

In the first quarter of 2021, the program expanded to Austin, Texas and Munich, Germany. [7]

In 2023, Intel Ignite announced that since its 2019 launch, participating companies in its global program had collectively raised more than US $1.5 billion in follow-on funding. [8] The U.S. program, which expanded beyond its original Tel Aviv base to include cities such as Austin and Munich, focuses on early-stage deep-tech startups leveraging Intel’s technical and ecosystem resources. [9]

References

  1. ↑ "Startup accelerators forge ahead with new virtual programs". VentureBeat. 2020-04-01. Retrieved 2020-12-23.
  2. ↑ Solomon, Shoshanna. "Intel to 'Ignite' key startup tech with accelerator program in Tel Aviv". The Times of Israel . ISSN   0040-7909 . Retrieved 2020-12-23.
  3. ↑ Carlson, Kara. "Tech giant Intel bringing startup program to Austin". Austin American-Statesman. Retrieved 2020-12-23.
  4. ↑ Schindlbeck, Corinne. "Intel Ignite: Intels Start-up-Programm kommt nach München". Elektroniknet (in German). Retrieved 2020-12-23.
  5. ↑ Solomon, Shoshanna. "Intel selects 10 startups for Israel accelerator program, names new director". The Times of Israel . ISSN   0040-7909 . Retrieved 2020-12-23.
  6. ↑ Spiro, James (2020-10-20). "Intel Ignite appoints Ranny Nachmias as the new Managing Director of the Tel Aviv program". CTECH - www.calcalistech.com. Retrieved 2020-12-23.
  7. ↑ CTech (2020-09-15). "Intel expanding Ignite startup program on back of Israeli success". CTECH - www.calcalistech.com. Retrieved 2020-12-23.
  8. ↑ "Intel Ignite Selects Startups for Spring ’23 Cohorts" – Intel Ignite (2023)
  9. ↑ "After successful start in Israel, Intel startup program Ignite to launch in Austin, Munich" – NoCamels (Sep 15 2020)
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