On Monday April 1st, Amsterdam Science Park based ACE Incubator welcomed a new group of ten highly motivated startup teams for the beginning of the 3-month ACE Incubation Program. As usual, they kicked things off with an intensive 1-week Bootcamp led by Silicon Valley-based startup coach Gigi Wang, an expert on global entrepreneurship and innovation.
As a program chair for the UC Berkeley Method of Entrepreneurship she has seen her fair share of startup success and failures and is THE person to help get our participants starting off on the right track. The startups made it through the first week unscathed and successfully pitched to a jury of investors and industry experts on Friday afternoon. And within this batch, there were definitely some recurring trends!
From our incubator perspective, it seems the number of applications with AI is limitless
Almost half of the new startups are working on products or services with a strong AI focus; from a team of AI professors at UvA with a vast access to young talent, to a master student entering the world of autonomous driving and a physics grad working on building a way to control and protect our personal data. Another strong focus in this group is on solutions within the field of healthcare. One biotech company led by a PhD researcher from VU University aims to provide advanced solutions for drug-testing, whereas another medical startup focuses on improving the way human veins are exposed during medical blood draws.
Sustainability is also a recurring theme within the current batch. A startup founded by a UvA chemistry professor and a PhD graduate are working on a new sustainable solution to polluting industries. Another team wants to replace plastic tokens at festivals with a digital solution, therefore offering an environmental solution to plastic waste as well as creating an easy-to-use and social platform for events.
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