Time’s Not Up Yet
The ball has dropped, but our countdown is still ticking. The deadline to apply to Luminate’s fifth cohort has been extended through Monday, January 17. Happy New Year!
If accelerating your startup’s growth is on your list of resolutions, Luminate can help. Companies accepted into cohort 5 receive an immediate $100,000 investment, plus the chance to compete for $2 million in follow-on funding. Connect with investors, get critical business development coaching, and change your trajectory for the better.
Applicants are accepted from anywhere in the world and participation in this six-month program is primarily remote, with select weeks in-person for investor pitch opportunities. Space is limited, so apply now. (It’s easy!)
Need more info? Click here to review an info session recording and/or sign up for our last session on January 5 with Director of Operations, Andy Simon, to get your questions answered live.
One of the biggest challenges for us is how we miniaturize our technology and make it more commercially viable. Luminate was extremely helpful to show us the path from R&D to product development to commercialization. Three minutes with one of the mentors Luminate provided saved us three months of work.”
– Mohan Thanikachalam, MD, Founder and CEO, Dynocardia
Luminate is very different from other accelerators. The curriculum is critical to any startup company — everything from dealing with human resources issues and planning out your finances to accessing your customers and developing your pitch.”
– Clare Murphy, CEO, Layer Metrics
What Luminate did was help us get out of the academic clean rooms and move to a commercially manufacturable process. This cost reduction will let Mesodyne enter more commercial, consumer markets, which are very cost-sensitive compared to the military and industrial markets that we serve now.”
– Walker Chan, PhD, Co-Founder and CTO, Mesodyne
We were very heavy on the technology side, but we needed help with business development. Luminate offers a master class in how to develop a company from the ground up. If you’re an optics or photonics company, there’s no other accelerator out there that can match what Luminate can do.”
– Jeremy Goeckeritz, PhD, CEO and Founder, Momentum Optics
PORTFOLIO UPDATES
Portable display never looked so good. Arovia (cohort 1) scored coverage for its new product, Splay, now available on Indiegogo InDemand. Congrats, Arovia!
Must see TV. The Bounce Imaging (cohort 1) ball camera was used on ABC’s “The Rookie” to clear an RV before entering. Watch the clip:
Another win for Light Lace. Organic Robotics Corporation (cohort 2) was awarded a $1M SBIR grant to advance the commercialization of its wearable Light Lace™ sensors.
Enabling a greener autonomous future. One Silicon Chip Photonics (cohort 4) secured a $3.2 million investment through Sustainable Development Technology Canada (SDTC) to develop lighter, lower-cost inertial navigation sensors for the next generation of autonomous vehicles and drones.
Look out for this ADAS innovator. Owl Autonomous Imaging (cohort 4) is now live with the VSI Labs’ fleet of vehicles.
Headed to Photonics West?
Stop by and say hello! Luminate staff will be in the NY Corridor with NY Photonics (booth #255) and a few of our cohort companies will be tabling (#3010).
