Fraunhofer Venture has unveiled an accelerator for businesses based on its research in areas including artificial intelligence, digital medicine and industry 4.0.
Fraunhofer Venture, the tech transfer division of the Fraunhofer Society, has launched a new Germany-based accelerator program called Ahead to catalyse new spinouts.
Ahead begun yesterday with a four-day boot camp, Ahead Boot Camp, training 30 startups with business concepts in areas including artificial intelligence, industry 4.0, digital medicine, energy storage and materials.
A select number from the boot camp will progress to Ahead’s full program, then gaining access to Fraunhofer Society’s extensive technical and networking resources over a 24-month period, during which they will set the trajectory for companies commercialising Fraunhofer’s research.
Ahead’s main accelerator will invite scientists and experts to join with entrepreneurs in teams comprising a range of perspectives and professionalism. These teams will receive professional coaching as they take their projects forward towards market maturity.
Ahead is allied with Fraunhofer Society’s $68m tech transfer vehicle, Fraunhofer Fund, which finances spinouts and licensing…
