SILICON VALLEY, Calif. and
WILMINGTON, Del.,
March 6,
2024 /PRNewswire/ -- Silicon Catalyst, the world's
only incubator focused exclusively on accelerating semiconductor
solutions, announced today that DuPont (NYSE: DD) has renewed
its engagement as a Strategic Ecosystem Partner. Silicon Catalyst
will continue to provide strategic insight for DuPont into startups
developing the next generation of electronic technology, materials
and devices.
"Realizing the exciting potential of advanced computing
applications such as artificial intelligence and autonomous
vehicles is only possible with continued advancements in enabling
materials, especially semiconductor materials," said Randal King, Vice President of
R&D/Technology, DuPont Electronics & Industrial. "Engaging
with Silicon Catalyst helps DuPont drive innovation through valued
insights into emerging opportunities for semiconductor materials
and new technologies they can enable. Silicon Catalyst has already
introduced DuPont to more than a dozen startups in the materials
sector and continues to expand its ecosystem."
As a Strategic Ecosystem Partner, DuPont participates in a wide
range of activities with Silicon Catalyst, including review of
incubator applicants, directed projects for specialized market
research, university collaborations and investment
opportunities.
"We have worked closely with the DuPont team to identify and
categorize focus areas in materials. In addition, they have
participated in two rounds of evaluation of applicants. Their
feedback has been very valuable," said Managing Partner Atiye
Bayman, Silicon Catalyst.
"Since collaborating with DuPont, Silicon Catalyst created a
separate track to evaluate materials startups for incubation which
has led to admitting startup companies through this track. We
continue to grow our materials ecosystem and recently
added ten key advisors with unique expertise in this area," added
Dr. Bayman. "In addition, we have collaboration agreements with
Tel Aviv University's Tau Center,
Intermolecular, the trusted partner for materials innovation, and
The Innovation Space, on the grounds of the DuPont Experimental
Station campus in Wilmington,
Delaware, as processing centers for materials startups."
Pete Rodriguez, CEO of Silicon
Catalyst said, "We are delighted to continue the relationship
with DuPont, one of the world's great companies focused on
improving lives the world over."
About DuPont Electronics & Industrial
DuPont Electronics & Industrial is a global supplier of new
technologies and performance materials serving the semiconductor,
circuit board, display, digital and flexographic printing,
healthcare, aerospace, industrial, and transportation industries.
From advanced technology centers worldwide, teams of talented
research scientists and application experts work closely with
customers, providing solutions, products and technical service to
enable next-generation
technologies. http://electronics.dupont.com
About DuPont
DuPont (NYSE: DD) is a global innovation
leader with technology-based materials and solutions that help
transform industries and everyday life. Our employees apply diverse
science and expertise to help customers advance their best ideas
and deliver essential innovations in key markets including
electronics, transportation, construction, water, healthcare and
worker safety. More information about the company, its businesses
and solutions can be found at www.dupont.com. Investors can
access information included on the Investor Relations section of
the website at investors.dupont.com.
About Silicon Catalyst "It's
about what's next"
Silicon Catalyst is the
world's only incubator focused exclusively on accelerating
semiconductor solutions, built on a comprehensive coalition of
in-kind and strategic partners to dramatically reduce the cost and
complexity of development. More than 1000 startup companies
worldwide have engaged with Silicon Catalyst and the company has
admitted over 100 exciting companies. With a world-class network of
mentors to advise startups, Silicon Catalyst is helping new
semiconductor companies address the challenges in moving from idea
to realization. The incubator/accelerator supplies startups with
access to design tools, silicon devices, networking, and a path to
funding, banking and marketing acumen to successfully launch and
grow their companies' novel technology solutions. Over the past
eight years, the Silicon Catalyst model has proven to dramatically
accelerate a startup's trajectory while at the same time de-risking
the equation for investors.
In 2023, Silicon Catalyst UK was awarded a contract by the UK
Government to establish an incubator for entrepreneurial teams
based in the UK that are targeting the semiconductor industry. More
details
at: https://www.eetimes.com/silicon-catalyst-launches-1-3m-chipstart-u-k-incubator/
Silicon Catalyst has been named the Semiconductor Review's 2021
Top-10 Solutions Company award winner. The Silicon Catalyst Angels
was established in July 2019 as a
separate organization to provide access to seed and Series A
funding for Silicon Catalyst portfolio companies.
More information is available
at www.siliconcatalyst.uk, www.siliconcatalyst.com and www.siliconcatalystangels.com.
DuPont™, the DuPont Oval Logo, and all trademarks and service
marks denoted with ™, ℠ or ® are owned by affiliates of DuPont
de Nemours, Inc. unless otherwise noted.
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SOURCE DuPont