5G Open Innovation Lab (5G OI Lab) announced today its Batch #8 cohort — its largest to date with over $313M in venture capital raised and 17 multi-stage startups embarking on 5G OI Lab’s Fall program, which begins this week. The Lab has established itself as an ecosystem leader since its inaugural Batch #1 launch in May 2020, becoming a destination for innovative global startups, technology platforms, integration, and enterprises.
5G Open Innovation Lab has 18 founding and corporate partners, including Microsoft, Intel, Dell Technologies, Accenture, Amdocs, Ericsson, and Nokia. As of today, AT&T and Comcast join the list as founding partners.
Meelis Anton, Clevon’s chief operating officer in the US stated, “Being part of the program is a great recognition for Clevon and enables us to tap into the ecosystem and knowledge base of the participating enterprises. Having the ability to work with global leaders in their particular fields and bring in our vision of the future of transportation sector – that is a unique opportunity for mutual growth. We’re looking forward to a great program and let’s not forget the extensive list of program alumni who have reached new heights after participating. They have a trove of knowledge and experiences to learn from and to collaborate with.”
“As evidenced by the 118 startups in our ecosystem, the combination of 5G and edge is unlocking a massive wave of collaborative innovation in Cloud, Edge, and AI across every industry from agriculture and power generation to manufacturing, logistics, and medicine,” says Jim Brisimitzis, Founder and General Partner of the 5G Open Innovation Lab. “We are thrilled to welcome AT&T and Comcast as founding partners to help drive our vision to bring industry experts together and, collectively, drive innovation into overlapping ecosystems. 5G and edge are new foundations that can be used to drive new business models and technology across segments and companies.”
5G OI Lab Announces its Batch #8 Fall Cohort — largest to date
Batch #8 welcomes 17 new startups to 5G OI Lab’s open ecosystem, bringing the total number of participating companies to 118. The multi-stage startups selected for the Lab’s Fall Batch #8 hail from around the Globe and represent cutting-edge enterprise solutions in fields such as real-time logistics and tracking, robotics, private mobile network security, and IoT enablement.
Since the 5G Open Innovation Lab’s program inception in 2020, participating startups and alumni have raised a lifetime total of $2.088B with several exits valued at $200+M.
The startups selected to join the 5G Open Innovation Lab’s Fall Batch #8 include:
- Airspace – At Airspace, we believe in the potential drones have to positively impact the ways in which we do business, deliver services, and respond to emergencies. In order for that to happen, drones need to be flown safely.
- ASOCS – ASOCS provides a fully virtualized Private 5G Network solution, along with 5G Positioning Services for enterprises that require mission-critical, data-driven applications. ASOCS products are delivered on a scalable Software as a Service (SaaS) model.
- Clevon– Clevon develops and manufactures autonomous robot carriers, making last-mile delivery more innovative, environmentally friendly and efficient
- Cumucore – Cumucore is a light mobile core with Industry 4.0 specific feature set to enable affordable next-generation mobile private networks.
- Eridan – Eridan is building the world’s first digital sampling radio for 4G, 5G, and beyond.
- Expanso – Expanso, building upon their open-source project Bacalhau, offers a platform for distributed compute. They orchestrate jobs to run where the data is generated and stored, providing a fast and secure solution for large-scale data processing.
- Golioth – Golioth is uniquely positioned to enable custom IoT hardware to scale easily from one device to millions.
- Headspin – HeadSpin enables testing and monitoring of mobile, web, audio/video applications in real-time with AI-based insights
- Intuitive Robotics – Intuitive Robotics leverages cutting-edge technologies, including 5G, edge computing, computer vision AI, generative AI, IoT, data analytics, and cloud computing, to deliver innovative SaaS solutions capable of addressing complex challenges across diverse industries such as agriculture, renewable energies, oil and gas, mining, and public safety.
- Kallipr – Kallipr are experts in remote monitoring IoT solutions that automate data generation at the extreme edge, allowing industries to increase operational efficiency, reduce operating costs and improve sustainability.
- Namla – Namla Cloud provides a platform that allows companies of any size to automatically deploy & manage thousands of edges in the best-optimized way.
- Nubix – Nubix is an edge native application platform that makes it easy to build, deploy and manage IoT and edge applications.
- OneLayer – OneLayer provides zero trust security and full asset management capabilities to IoT and other devices connected to a private cellular network.
- Orion Labs – Orion provides edge-optimized voice collaboration for frontline workers with encrypted, secure Push-to-Talk (PTT), location and media, and Voice AI Commands, Queries and Workflows for process automation.
- Pratexo – Pratexo brings the benefits of hybrid and distributed cloud computing to the edge of power systems that drive the energy transition.
- Real Life Robotics – Real Life Robotics is changing the way companies manage their labor. With our customizable cargo robotics platform, BUBs, we help clients fill the labor gap and focus their people on more value-added tasks.
- Reelables – Reelables smart labels automate data collection with real-time visibility into supply chain operations and performance.
About 5G Open Innovation Lab
The 5G Open Innovation Lab 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 enterprise technologies and solutions that capitalize on the power of edge computing connected to public and private 5G networks.
In just 4 years, the Lab has attracted a roster of world-class corporate and industry partners as well as 118 multi-stage enterprise startups who have collectively raised $2.088B of venture capital. Through 5G OI Lab’s unique model of open collaborative innovation, corporate partners work directly with ecosystem startups to accelerate commercialization through proof of concept, go-to-market, and other engagements and opportunities.