Hyderabad : CIE-IIITH organized its semi-annual Demo Day on Wednesday. 11 startups from various programs pitched to over 35+ investors who were invited to the demo day. All 11 startups have interest from investors.
CIE is a 15-year-old incubator that in the early days was supported by DST, MEITY & DBT. CIE has so far supported 430+ startups and has seed-funded 38 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 various programs in the following domains: DeepTech, MedTech, Mediatech & Mobility startups. The startups at this demo day were spread across solution realms from IOT-AI for Industrial automation, CV-based game data analysis and surveying, gait analysis, post-operative brain care devices, Auto tech etc.
The Accelerator programs offer up to 40L seed funding, and technology help through research labs of ITH, 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, asset tracking.
“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 deep tech innovation.” said Prof. Ramesh Loganathan, COO, CIE-ITH
Funds that attended include SucSeed Innovation Fund, Chennai Angels, Mumbai Angels, Venture Catalysts, Reflex Capital, Hyderabad Angels, Freeflow, Optum, Lead Angels, Startupxseed, Silver needle Ventures, DBS Bank, Sunrise Ventures, TCS, Anthill Ventures, Asterteq Ventures and many more. Most startups have got interest from investors for follow-up conversations.