Startup class of 2020 continues to innovate
Via Imaging & Machine Vision Europe
August 24, 2020
On 14 September, 10 photonics startups from Luminate’s business accelerator will present their technology during The Optical Society’s virtual conference. Greg Blackman asks Luminate MD, Sujatha Ramanujan, how these young companies are coping during Covid-19
Ten optics, photonics and imaging startups are to compete for up to $2m in funding in the culmination of Luminate’s business accelerator programme. The competition will take place on 14 September during The Optical Society’s (OSA) Frontiers in Optics and Laser Science virtual conference, which is free to attend.
The startups are the latest cohort of firms participating in Luminate’s programme in Rochester, New York. The business accelerator is a six- to nine-month scheme that provides mentoring, training, capital – Luminate places an initial investment of $100,000 in each company it accepts – and access to the optics and photonics network in Rochester so that these early-stage companies can scale their businesses.
The competition gives the 10 startups a chance to showcase their technologies, which cover quantum security, clean energy, free-space communications, agriculture, healthcare, and augmented reality.