Success Stories of Startups at INPHO Venture Summit: Your Path to Innovation and Investment

PRESS RELEASE

Eight success stories showing how INPHO's powerful network of corporates, investors, and startups transformed impact on their investment development and market presence. allowed by the INPHO Venture Summit’s unique network of corporates, private investors and selected start-ups.

Organized by ALPHA-RLH competitiveness cluster, BLUMORPHO innovation expert and the CEA (the French Alternative Energies and Atomic Energy Commission), this unique private event was designed to discuss the future of private investment in technologies with impact.

A path to Innovation and Investment

In the rapidly evolving world of deep technology, securing the right investment and networking opportunities can be pivotal for startup success. The INPHO Venture Summit has established itself as a premier platform that brings together investors, industry leaders, and innovative startups. This biennial event, held in Bordeaux at the historic Palais de la Bourse, is more than just a conference—it’s a catalyst for technological advancement and economic growth. The next edition, scheduled for October 24 to 25, 2024, promises to be a beacon of opportunity for the next generation of deep tech innovators. Here, we delve into eight remarkable success stories that highlight how INPHO has played a crucial role in their journeys, showcasing the summit’s transformative impact on their investment development and market presence.

Prophesee: Revolutionizing Machine Vision

Prophesee, formerly known as Chronocam, has made significant strides in neuromorphic vision technology, which mimics the human eye to enhance machine vision. The company’s breakthrough came after participating in the INPHO Venture Summit, where they gained significant recognition. This exposure led to a successful $19 million Series B funding round, with investors such as Intel, Renault, and Bosch. The funds were crucial for advancing their event-based vision sensors, now used in automotive, industrial automation, and IoT applications. Prophesee’s innovative approach has set new standards in machine vision, emphasizing efficiency and speed. The company’s technology is revolutionizing how machines perceive and interact with their environments, leading to advancements in safety and performance across various industries. By offering high-speed, low-latency vision systems, Prophesee is enabling smarter and more autonomous systems, which are essential in the development of next-generation robotics and AI applications

Prophesee Metavision Starter Kit – AMD Kria KV260 and Active Marker LED board

EFFECT Photonics: Powering the Future of Telecom

How transceivers convert electrical data signals into light pulses and vice-versa. The transmitter has a laser or LED that generates light pulses representing the electronic data signal. On the receiving end, the receiver detects the optical signals and converts them back into electrical signals, which electronic devices can further process.

EFFECT Photonics, specializing in coherent optical solutions for telecommunications, leveraged the INPHO platform to secure $124.1 million in funding. This significant investment enabled the company to scale its technology, meeting the growing demands for high-capacity and efficient optical networks. Their solutions are pivotal in enhancing telecommunications infrastructure, making them a key player in the industry. EFFECT Photonics’ advancements are critical in supporting the increasing data traffic in today’s digital world. The company’s innovative approach to integrating photonics and electronics on a single chip has set new benchmarks for performance and efficiency, driving forward the capabilities of global communication networks

IOST: Scaling Blockchain for Tomorrow

IOST (Internet of Services Token) focuses on creating a highly scalable and secure blockchain infrastructure. Their unique consensus algorithm, ensuring high transaction throughput and security, garnered attention at the INPHO Summit. This exposure helped IOST raise $50 million, facilitating the development and implementation of their blockchain solutions and solidifying their position in the blockchain sector. IOST’s technology is set to transform how services are delivered and secured over the Internet. By enhancing scalability and reducing transaction costs, IOST is poised to support a wide range of decentralized applications, from finance to supply chain management

The INPHO Venture Summit is a gateway
to transforming your startup into a success story.

The INPHO Venture Summit is a gateway to transforming your startup into a success story. By connecting with investors, industry leaders, and potential partners, INPHO provides the perfect platform to showcase your innovative solutions and secure the funding necessary for growth. The summit’s comprehensive program includes pitch sessions, networking events, and one-on-one meetings, designed to facilitate meaningful connections and foster collaboration. It provides a unique platform to present your innovative solutions to a global audience, gaining the recognition needed to attract significant investment. Furthermore, the chance to secure the necessary capital to develop and scale your technology is demonstrated by the success stories of past participants.

Atom Computing: The Quantum Leap in Computing

Prophesee, formerly known as Chronocam, has made significant strides in neuromorphic vision technology, which mimics the human eye to enhance machine vision. The company’s breakthrough came after participating in the INPHO Venture Summit, where they gained significant recognition. This exposure led to a successful $19 million Series B funding round, with investors such as Intel, Renault, and Bosch. The funds were crucial for advancing their event-based vision sensors, now used in automotive, industrial automation, and IoT applications. Prophesee’s innovative approach has set new standards in machine vision, emphasizing efficiency and speed. The company’s technology is revolutionizing how machines perceive and interact with their environments, leading to advancements in safety and performance across various industries. By offering high-speed, low-latency vision systems, Prophesee is enabling smarter and more autonomous systems, which are essential in the development of next-generation robotics and AI applications

Atom Computing’s first-generation quantum computer exploited around 100 qubits of single strontium atoms, while its next-generation platform can accommodate around 1,200 ytterbium atoms

CoreTigo: Transforming Industrial Automation

CoreTigo, a leader in industrial IoT solutions, specializes in IO-Link Wireless communication systems. The exposure and connections made at INPHO were crucial in securing $66 million in funding. This investment drives the deployment of their wireless solutions across various industrial applications, enhancing operational efficiency and flexibility. CoreTigo’s technology is transforming industrial automation, making it more adaptable and efficient, and positioning them as a vital player in the IoT ecosystem. Their solutions enable seamless connectivity and data exchange in challenging industrial environments, which is critical for the future of smart manufacturing.

Flytrex: The Future of Drone Deliveries

Flytrex provides innovative drone delivery solutions, transforming logistics and delivery services. The INPHO Venture Summit played a key role in their growth, helping them secure $60.3 million in funding. This investment has been crucial for expanding their drone delivery networks, enabling efficient and on-demand delivery services for consumers and businesses alike. Flytrex’s technology is revolutionizing the delivery industry, offering faster and more reliable delivery options, and pushing the boundaries of what is possible with drone technology. Their work is particularly impactful in remote and hard-to-reach areas, where traditional delivery methods are often impractical or too costly.

NVision: Advancing Cancer Diagnostics

NVision is pioneering MRI hyperpolarization technology for cancer diagnosis, which allows for more precise and early detection of cancer. The company’s presentation at the INPHO Venture Summit helped them raise $52.2 million. This funding is instrumental in advancing their diagnostic technology, which has the potential to significantly improve cancer detection and treatment outcomes. NVision’s advancements are poised to make a significant impact in the field of medical imaging, providing new tools for early and accurate cancer diagnosis. Their technology enhances the sensitivity of MRI scans, offering clearer images and more detailed information about cancerous tissues.

Unseenlabs: Elevating Maritime Surveillance from Space

Unseenlabs specializes in space-based RF detection for maritime surveillance. Their participation in INPHO led to raising €112.5 million, which is being used to expand their satellite constellation. This expansion enhances their ability to provide real-time data for monitoring maritime activity globally. Unseenlabs’ technology is crucial for improving maritime security and surveillance, providing critical data for various applications, and establishing them as leaders in space-based RF detection. Their satellites can detect and track ships in all weather conditions and across vast oceanic expanses, offering a new level of transparency and security in maritime operations.

source : https://www.geospatialworld.net/news/unseenlabs-next-gen-satellite-2026/

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