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Technology: 50+ investors in talks with 12 startups at CIE-IIITH

Fiinews by Fiinews
March 3, 2023
in Technology
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Research translation and research backed startups are one of the core focuses of CIE’s accelerators

Over 50 investors are in talks with the 12 startups from various programs that had pitched on the semi-annual Demo Day organized by CIE-IIITH on 1 Mar 2023.

“Research translation and research backed startups are one of the core focuses of CIE’s accelerators given IIITH’s rich experience in deep technology research innovations. It’s good to see more than 50+ investors joining our demo day and are interested in such deeptech innovation,” said Prof. Ramesh Loganathan, COO, CIE-IIITH.

Funds that attended the Demo Day included Kalaari, SucSeed Innovation Fund, Chennai Angels, Mumbai Angels, Venture Catalysts, Refex Capital, Dexter Angels, Surfboard Ventures, Edha, Hyderabad Angels, T-Fund, Freeflow, Optum, Microsoft, GMR Innovex, Lead Angels, Startupxseed Enterprises Pvt Ltd, said the International Institute of Information Technology – Hyderabad.

CIE is a 14+-year-old incubator that in the early days was supported by DST, MEITY & DBT. CIE has so far supported 400+ startups and has seed funded 25 startups. CIE-IIITH is also focusing on turning a new leaf in terms of infrastructure facilities, programmes and startup engagements focusing towards building a deep tech startup ecosystem.

Demo Day is an event where CIE-IIITH showcases its startups from its accelerator programs: Avishkar-DeepTech, Ojas-MedTech & Mediatech startups.

The startups at this demo day were spread across solution realms from IOT-AI for Industrial automation, CV-based game data analysis, AR-VR-based virtual meeting platforms, and surveying.

The Accelerator programs offer up to Rs.40 lakh seed funding, and technology help through research labs of IIITH, along with strategy and GTM advisory leading up to initial customer traction.

The startups are from varied technologies like AI/ML, CV, NLP, AR/VR, working in various domains of manufacturing, data analysis, surveillance, virtual meeting platforms, asset tracking.

ANANTADI: In-Video Advertisement backed by AI, to analyze, find and insert branded products, and signage virtually into entertainment video content. (as opposed to traditional product placement at the time of the shoot). The advertising future is “Inside” the content. AI Platform to Analyze, Embed & Deliver a Programmatic Product Placement to a targeted audience.

PARENTHESES:  HuMaC is a human-centered augmented intelligence IoT platform, that converges machine intelligence and Human intelligence, working in a harmonious environment to heighten physical & cognitive performance across the manufacturing value chain resulting in enhanced productivity, efficiency & decision-making.

CHIMES: Chimes offer age-appropriate, educational podcasts and audiobooks for kids to serve the 69 MN Indian Household edutainment market. With monthly podcast downloads of 1 MN+, we help parents limit kids’ growing screen time while supporting the overall cognitive development of kids.

SEGRITECH: Segritech is a compact and movable smart sorting machine for fruits and vegetables. Their machine uses AI for quality inspection of fruits and vegetables in real time.

CLOUDWORX: A web-based IDE that lets users build applications and workflows for 3D content without any code. The current focus is to build applications for the Enterprise Metaverse in the form of digital twins that is powered by real-time data from sensors, equipment, processes, and interactions.

ASTROMEDA: Health-Tech Startup working on developing smart textile-based health monitoring Systems.

PADMASEETHA: A MedTech company focuses on affordable and accessible healthcare solutions. It has developed a US patented, OmniPD, a pioneering solution in renal care space, a portable, anytime/anywhere home dialysis device to empower renal patients with a near-normal life.

SPUTNIK BRAIN: Novel brain modulation platform which physiologically elicits rapid stress alleviation or pleasure in the brain for relieving the suffering of the US$300 billion issue of crippling stress in workplaces and large-scale corporations, non-surgically and in a convenient, biomarker-driven, repeatable and chemical-free technology.

HUMMSA Biotech is an innovation-driven company which is a diagnostic gap in bacterial Sepsis using Nano-Biotechnology.

JOLY AI:  A SaaS and AI platform that automatically selects the best photos from many photos captured by the photographer. Initial entry to the market is solving photo selection problems in wedding photography.

CHOIRA connects musicians with music studios and other musicians for online jamming and booking. Utilizing 5G network technology, it provides low latency and high-quality audio for real-time collaboration and creation. Choira makes it easy to connect and book online, allowing access to top-quality music studios and talented musicians & producers from anywhere, anytime!

METAVERTS: A Platform for Branding and Advertising on Virtual Real Estate and blended Ad spaces/Billboards in 3D Games, AR/VR and Metaverse. The solution aims to bridge the gap between creative outdoor advertising and Digital Worlds using non-intrusive, realistic advertising in 3D Environments.

The International Institute of Information Technology, Hyderabad (IIIT-H) is an autonomous research university founded in 1998 that focuses on the core areas of Information Technology, such as Computer Science, Electronics and Communications, and their applications in other domains through inter-disciplinary research that has a greater social impact.

IIIT Hyderabad is the first IIIT to be set up in the country, in 1998. IIIT Hyderabad is a research university that ranks in the country for research in various areas of computer science. fiinews.com

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