07 June 2021

New Cambridge accelerator for deeptech startups launches with five machine learning investments

Deeptech Labs (DTL), a new post-seed accelerator aimed at deep technology (deeptech) start-ups, has been founded in Cambridge to bring the benefits of its innovation ecosystem to post-Seed deeptech companies from the UK and Europe.

Deeptech Labs, which is backed by Arm, Cambridge Innovation Capital, Ewan Kirk, Martlet Capital, and the University of Cambridge, aims to position companies for financing from leading deeptech investors and help them grow into world-class companies. In its inaugural cohort it has made investments in five Machine Learning and Data Science companies: AutoFill, BKwai, Circuit Mind, Contilio, and Mindtech.

These startups will receive financing and a structured three-month development programme. They will also gain access to a unique community, where a group of more than 50 deep technology leaders from Cambridge and around the world act as advisors and mentors to them. These have so far included the Founders or Chief Executives of Arm, CSR, Imagination Technologies, Analysis, Active Hotels, Arieso, Blinkx, Cloudamize, Focal Point, Riverlane, Ubisense and many more.

Cambridge has developed many leading companies in the technology space for many years, and has given rise to companies such as Arm, CSR, and Darktrace. Deeptech Labs will help to harness the potential of the next generation of this technology talent, led by Miles Kirby who brings over 20 years of global deeptech venture capital experience to the role.

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