NEC X, a Silicon Valley venture studio backed by NEC’s advanced technologies, recently revealed the seven new standout startups selected for the Elev X! Ignite cohort Batch 12.
Since 2018, NEC X has helped drive the launch and growth of over 130 innovative tech startups, transforming their visionary ideas into scalable successes.
These latest ventures were picked from 300 applicants for their industry-defining potential in areas such as climate and agriculture, software and app development, wireless network and IoT connectivity, recruitment and staffing, and more.
Elev X! Ignite reimagines the venture studio framework by offering a distinctive combination of collaboration, funding, engineering expertise, extensive R&D resources, and support services. This program accelerates entrepreneurs through the critical ideation and prototyping stages, equipping them to scale their innovative technologies in global markets.
NEC X has experienced rapid growth since launching its Elev X! programs, evidenced by a 23% increase in applications since Batch 11 in Q2 2024. Each new cohort marks a rise in applications and the quality of ideas and disruptive technologies submitted.
The startups of Elev X! Ignite Batch 12 include:
1.) AppShip – Automates enterprise resource planning (ERP) implementation and knowledge maintenance by layering AI over ERP and CRM systems like SAP or Salesforce.
2.) CEQAbase – Environmental impact reporting software delivers significant processing gains in project investigation, analysis and document preparation to meet regulatory requirements.
3.) CodeIntegrity – Automates software quality assurance, reduces technical debt, and boosts productivity, allowing engineers to focus more on innovation.
4.) DASflect – Enhances wireless network performance using easy-to-install reconfigurable intelligent surfaces, enabling faster, more reliable connections at lower costs and complexity.
5.) LandWise Analytica – Promotes sustainable agriculture through data-driven AI algorithms, advanced land sustainability maps and tailored land use recommendations.
6.) Pairenthesis – First-of-its-kind AI-native data insights platform empowers businesses to achieve data excellence and accelerate decision-making—without writing any code—simplifying data import, cleaning and visualization to effortlessly unlock actionable insights.
7.) PolarisJobs – Revolutionizes sales team recruitment with AI-powered screening and interviewing, reducing hiring time by up to 70% and enabling HR teams to focus on top candidates.
Elev X! members benefit from NEC X’s vibrant ecosystem of unique resources and services tailored to transform and launch early-stage companies. And this encompasses funding opportunities, tailored mentorship, access to leading technologies, exclusive workshops, skills training, strategic partnerships and more.
This combination of support, tools and resources empowers startups to create a strong Minimum Viable Product (MVP), validate their Proof-of-Concept (POC), attract paying customers, secure seed funding and, ultimately, succeed in today’s competitive market.
The recent graduates include Verdi, Chekable, Multitude Insights, Qualitative Intelligence, etc.
Applications for the upcoming cohort Batch 13 will open in November 2024.
KEY QUOTES:
“Our continued growth and quality of applicants underscores the unique opportunities we create, turning groundbreaking concepts into viable solutions through an unparalleled collaborative experience. Our selected startups exemplify forward-thinking innovation with the power to address critical challenges making a measurable difference in both their sectors and the world around them.”
-Shintaro Matsumoto, President and CEO of NEC X
