The 5G Open Innovation Lab (part of Khasm Labs) today announced
the addition of 11 new multi-stage startups into its
industry-leading ecosystem as part of its Batch 10 Fall program;
the biggest yet with over $350M in venture funding.
“Platform technologies such as edge computing, AI, robotics,
IoT, and others are redrawing traditional industry lines giving
industry players new chances to seek out transformative blue ocean
opportunities,” says Jim Brisimitzis, founder and managing director
of Khasm Labs. “We are showing CSPs, through action, that 5G is so
much more than infrastructure and connectivity. It is the
foundation for an additional share of wallet, an expanded product
portfolio, a catalyst for new platform-based business models and an
enabler of new revenue opportunities. We are proud to have the
opportunity to work hand in hand with our partners and Batch 10
teams and our partners on advancing the opportunity for the global
CSP industry.”
11 Startups Join Khasm Lab’s Elite Batch 10 Fall
Program
Startups selected for the Khasm Batch 10 Fall program are a mix
of application and infrastructure providers. Those chosen were
handpicked from an oversubscribed field of applicants by Lab
ecosystem corporate partners. Startups in the program gain
immediate access to the Lab’s ecosystem, have the opportunity to
incorporate their technologies into KhasmX innovation projects and
participate in Lab-hosted executive roundtables alongside leaders
from some of the world’s most respected, globally recognized brand
names.
Startups selected to join the Khasm Lab’s Fall batch are:
Armada - Armada provides a full-stack solution for the edge by
combining connectivity, compute, storage, and AI/ML applications
tailored for edge environments. Armada leverages this comprehensive
edge solution to address customer challenges across various
industries, including oil & gas, mining, manufacturing, and
logistics in the commercial sector, as well as SLED (State, Local,
and Education) and Federal in the public sector. As a trusted
partner for digital transformation, Armada delivers solutions
anywhere in the world, even in locations where connectivity has
previously been limited or non-existent.
aiOla - aiOla is a first-of-its-kind speech AI technology that
improves how businesses in every industry complete processes. Our
patented solution understands business- specific jargon in any
language, accent, and acoustic environment, enabling efficiency,
safety, data capture for insights, and collaboration.
Glide - Glide offers an innovative telco-based identity
solution, ensuring secure and seamless management of user
identities across multiple platforms. Partnering with leading
global telco providers and leveraging GSMA’s Open Gateway trusted
network, Glide simplifies and strengthens user verification and
consent management.
Contoro Robotics - Contoro Robotics provides a turnkey solution
for the repetitive task of container unloading at a lower cost than
traditional warehouse manual labor. Contoro’s patented and unique
“Human-in-the-Loop” robotic teleoperation technology fast tracks
the AI training of the robots, enables quick resolution of
anomalies, and lowers overall operational costs.
Diligent Robotics - Diligent Robotics is an AI company creating
robot assistants that help healthcare workers with routine tasks so
they can focus on what they do best: patient care. Leading the
industry in real-world autonomy, their fleet of mobile manipulation
robots perform thousands of fully autonomous tasks every day in
hospitals across the U.S.
Groundlight - Groundlight extends modern machine learning (ML)
with revolutionary escalation technology, enabling computer vision
without a pre-existing dataset for industrial inspection, retail
analytics, mobile robotics, and much more.
Koyeb - Koyeb aims to dramatically reduce deployment time and
operational complexity by removing server and infrastructure
management for businesses and developers. The company’s
next-generation serverless platform runs applications across clouds
and edges, providing strong primitives for application hosting with
a focus on the developer experience.
Liquid AI - Liquid AI, an MIT spin off, is a foundation model
company headquartered in Boston, Massachusetts. Liquid builds
general-purpose, capable and efficient AI systems to solve problems
at every scale for enterprises.
Tiami Networks - is bringing sensing and compute intelligence to
every wireless device and node. Tiami’s unique signal processing
technology goes beyond the traditional paradigm, to materialize the
world’s largest distributed radar network, offering scalability and
widespread adoption.
TheLoops - TheLoops is an all-in-one, enterprise grade ready, ML
and AI platform providing actionable insights for CX teams.
TheLoops key use cases--AI Agent Copilot, AutoQA, and Predictive
Case Intelligence--increase the productivity of support agents and
managers alike while significantly reducing costs and
inefficiencies.
Xona - Xona is a zero-trust user platform for the OT enterprise,
enabling secure operational access to critical systems from
anywhere.
About Khasm Labs
Khasm Labs is a global innovation ecosystem that brings together
multi-stage startups, enterprise and global technology platforms
and investors to connect and collaborate on developing disruptive
new technologies and bridging the chasm between startup innovation
and enterprise adoption.
Since 2019, the Lab has attracted world-class corporate and
industry partners and 138 multi-stage enterprise startups
collectively raising $2.858B of venture capital. Through its
recently announced KhasmX, the Lab employs a model of open
collaborative innovation, where corporate partners work directly
with ecosystem startups to accelerate commercialization through
proof of concept, go-to-market, and other engagements and
opportunities.
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version on businesswire.com: https://www.businesswire.com/news/home/20240912245864/en/
For further information contact:
Ellyn Winters-Robinson Ignition Communications (PR for 5G Open
Innovation Lab) ellyn@ignition.ca
Heather Racicot heatherr@z-pulley.com