UK chip incubator startups secure over £10M in funding

Quick Summary:

Twelve semiconductor startups taking part in the UK’s ChipStart scheme have raised over £10mn in funding from private investors and grants, the British government announced today.

It aims to provide early-stage chip designers with the technical and commercial support they need to bring new products to market.

Run by semiconductor accelerator Silicon Catalyst.UK, the £1.3mn initiative offers nine months of training and mentorship.

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Article Details

Author / Journalist: Ioanna Lykiardopoulou

Category: Technology

Markets: NetherlandsCuba

Topics: Deep tech Startups and technology Ecosystems Investors and funding

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 10:33:24 (5 days ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 21957524

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About The Next Web

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Official Website: thenextweb.com

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Year Established: 2006

Headquarters: Netherlands

News Last Updated: 11 hours ago

Coverage Areas: Netherlands

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Publisher ID: #13

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