The convergence of AI and 5G, as per the companies, will result in trillions of connected smart devices worldwide coming online, and innovation from silicon startups will play a crucial role in enabling these devices
EvoNexus, an incubator for startups, has announced a partnership with Arm to assist early-stage silicon startups to reduce the cost of launching new ventures through no-cost access to Arm Flexible Access for Startups.
“Silicon startups are fueling innovation across a range of growth areas including IoT, endpoint AI and automotive,” said Dipti Vachani, senior vice president and general manager, Automotive and IoT Line of Business at Arm.
She added, “Through a combination of EvoNexus’ entrepreneurial ecosystem and simple access to Arm’s wide-ranging IP portfolio, we are helping accelerate silicon startups’ path to success through a low-cost, low-risk journey to SoC design.”
The convergence of AI and 5G, as per the companies, will result in trillions of connected smart devices worldwide coming online, and innovation from silicon startups will play a crucial role in enabling these devices. The partnership will enable startups to have access to Arm IP, along with dedicated technical support from Arm engineers, at no cost.
The selected startups will also be able to experiment, design, and tapeout prototypes with the right IP mix that fulfills their design requirements with no fees due to Arm. The companies noted that the startups can reduce their R&D costs, risks, and time to market by using the most proven portfolio of processing IP and tools.
“EvoNexus’ partnership with Arm arrives at a time when silicon startups have a significant opportunity to create new devices addressing a plethora of nascent markets being created through enhanced mobile broadband (5G) including IoT, mobile edge computing, automotive, telemedicine, and AR/VR/XR,” said Rory Moore, CEO, co-founder EvoNexus and founder Peregrine Semiconductor & Silicon Wave.
She added, “Since its inception, EvoNexus has excelled at launching semiconductor startups; 20 companies created and 6 acquired. Arm provides important guidance on industry trends and opportunities where startups can play a meaningful role.”
