SEATTLE – The 5G Open Innovation Lab (5G OI Lab), a global ecosystem of developers, start-ups, enterprises, academia and government institutions, announced today the opening of its lab and launch of its inaugural program for start-ups and their founders with the selection of its first cohort of companies utilizing 5G technology for the development of new applications and markets. Founding partners Intel, NASA and T-Mobile are pooling engineering, technology and industry resources to provide the Lab and selected start-ups with advanced access to platforms to develop, test and bring to market new use cases that unleash the potential of 5G networks both now and in the future. The program launched earlier this month and will run through July 17.
The Lab has selected 17 companies as members of the first cohort that will participate in the 12-week program. Start-ups collaborate with 5G technology experts and business advisors through CEO and CTO roundtables, private working sessions to explore challenges and opportunities, and virtual networking and social events. Founders will also be introduced to leaders in the venture capital community. Content driving the program includes business planning, corporate development and engineering and will culminate in a Demo Day showcase to celebrate the accomplishments and milestones achieved.
In addition to three companies that are currently in stealth mode, the first cohort includes the following startups:
- Aarna Networks - 5G/edge app orchestration, management and automation - https://www.aarnanetworks.com
- Evolute – Enterprise container migration, management, and optimization - http://www.evolute.io/
- Expeto.io - Platform to manage global Enterprise IoT connectivity - http://expeto.io/
- Iunu – Computer vision platform for greenhouse-based agriculture and tracking - https://iunu.com/
- Gybe – HW platform and edge service for employee connectivity – http://gybe.inc
- Mutable – AirBnB for servers (distributed public edge) - https://mutable.io/
- NLM – Optical computing materials and design- www.nonlinearmaterials.com
- Numurus - Making robots smarter - https://www.numurus.com/
- Omnivor – Holographic real-time and on-demand video platform - https://www.omnivor.io/
- OptiPulse – Optical fronthaul mesh networking - https://optipulse.com/
- PlutoVR – Spatial communications platform - https://www.plutovr.com/
- Scivista – Collaborative, virtual reality data visualization – https://www.scivista.com/
- Taqtile - AR/VR platform for frontline workers - https://taqtile.com/
- Transparent Path - Building a more agile, efficient & predictive supply chain for food - http://xparent.io
The current cohort of selected start-ups and potential candidates for future cohorts are at various stages of development and have initiated fund raising including Series A rounds of $15 million or more. The Lab does not take an equity position in the start-up companies, rather, those selected have access to a unique partner ecosystem including 5G network and development tools, one-on-one engineering mentorships and knowledge sharing. Applications are currently being accepted online for the Fall program at http://www.5GOILab.com.
The selection process is focused on identifying a class of companies that are applying 5G in diverse markets across agriculture, manufacturing, healthcare and entertainment, as well as other markets. In addition to improvements in mobile communications and networking for the consumer, 5G will enable wireless networks to deliver faster computation and analytics of massive amounts of data, accelerating the adoption of edge computing for enterprises and communities.
Founding partner NASA recognizes the power of 5G technology for space-based applications. The agency will support the Lab with knowledge-sharing and requirements gathering for such applications as nanosat networking, space-based data analytics and processing, remote sensing, space-to-ground communications, weather data analytics and processing and ground communications.
Avanade, an Accenture/Microsoft joint venture and a leading digital innovator on the Microsoft ecosystem, has joined the Lab as a business ecosystem partner to support founders as they develop their 5G development and integration strategies. The Lab has also partnered with Google Cloud for Startups and AWS Activate to enable entrepreneurs to host 5G services and run and test code closer to the user to improve performance and reduce latency. More than 20 additional business, technical and community partners have joined the Lab and serve as mentors and advisors.
Sponsored by the city of Bellevue, the 5G Open Innovation Lab is also a founding member of Washington's newest Innovation Partnership Zone (IPZ), a statewide initiative, administered by the Washington State Department of Commerce, to stimulate regional economic growth by strengthening industry clusters and intellectual capital, and to accelerate the development of new technologies, marketable products, company formation, and job creation. This unique public-private partnership includes Pacific Northwest National Laboratories, Snohomish County, Washington State University (WSU), and the University of Washington.