STMicroelectronics Joins the Silicon Catalyst Ecosystem
09 June 2020 - 12:00AM
STMicroelectronics Joins the
Silicon Catalyst Ecosystem
Silicon Valley, California, and Geneva, Switzerland,
June 8, 2020 - Silicon Catalyst, the world’s only
incubator focused exclusively on accelerating solutions in silicon,
and STMicroelectronics (NYSE: STM), a global
semiconductor leader serving customers across the spectrum of
electronics applications, jointly announce that ST has joined
Silicon Catalyst as both a Strategic and In-Kind Partner. As a
Strategic Partner, the collaboration provides STMicroelectronics
with early access to review and help select the early-stage silicon
start-ups seeking to participate in the Silicon Catalyst Incubator.
The initial focus of the In-Kind collaboration will be MEMS sensors
and actuators.“Innovation through silicon is driving advancements
in technology. Hardware development is challenging, which is why
Silicon Catalyst plays a key role in enabling silicon start-ups to
develop their technology and fueling the new cycle of semiconductor
innovation,” said Kirk Ouellette, Vice President Strategic
Marketing and Strategy Development, STMicroelectronics. “ST has a
strong collaborative R&D and industrialization culture, which
makes a perfect fit with Silicon Catalyst. As both a Strategic and
In-Kind Partner, ST looks forward to providing guidance and
resources for start-up partners as well as gaining access to
cutting-edge silicon innovation.” Silicon Catalyst has
created a unique ecosystem to provide critical support to
semiconductor hardware start-ups, including tools and services from
a comprehensive network of In-Kind Partners (IKPs) to dramatically
reduce the cost of chip development. In its fifth year of
operation, Silicon Catalyst has reviewed over 300 early-stage
companies and has now admitted a total of 31 start-ups into the
incubator. These Portfolio Companies utilize IKP tools and services
including design tools, simulation software, design services,
foundry PDK access and MPW runs, test program development and
tester access. Companies accepted into the incubator have two years
of no-cost or significantly discounted access to these IKP tools
and services during the incubation period. Additionally, the
startups can tap into the world-class Silicon Catalyst network of
advisors and investors.“We are extremely pleased to welcome
STMicroelectronics to further enable our mission of accelerating
business growth for start-ups in the semiconductor market. Our
combined efforts will focus on delivering innovative solutions
across diverse application segments,” stated Pete Rodriguez, CEO of
Silicon Catalyst. “STMicroelectronics is the second company to join
the Silicon Catalyst ecosystem as both a Strategic Partner and
In-Kind Partner, following our recent announcement of Arm joining
our ecosystem. The addition of ST’s market-leading MEMS
capabilities, as a first step of our partnership, will expand our
reach into the rapidly evolving innovations in the sensor and
actuator markets.”
About STMicroelectronics ST is a global
semiconductor leader delivering intelligent and energy-efficient
products and solutions that power the electronics at the heart of
everyday life. ST’s products are found everywhere today, and
together with our customers, we are enabling smarter driving and
smarter factories, cities and homes, along with the next generation
of mobile and Internet of Things devices. By getting more from
technology to get more from life, ST stands for life.augmented. In
2019, the Company’s net revenues were $9.56 billion, serving
more than 100,000 customers worldwide. Further information can be
found at www.st.com.
About Silicon CatalystIt’s About What’s Next® -
Silicon Catalyst is the world’s only incubator focused exclusively
on accelerating solutions in silicon, building a coalition of
in-kind and strategic partners to dramatically reduce the cost and
complexity of development. More than 300 startup companies have
engaged with Silicon Catalyst since April 2015, with a total of 31
startup and early-stage companies admitted to the incubator. 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 a path to design tools, silicon devices, networking,
access to funding, banking and marketing acumen to successfully
launch and grow their companies’ novel technology solutions. 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.com and
www.siliconcatalystangels.com
For Press Information Contact:
STMicroelectronics Michael Markowitz Director Media Relations
michael.markowitz@st.com
Silicon Catalyst Richard Curtin Managing Partner
richard@siliconcatalyst.com
- T4268C -- Jun 8 2020 -- ST Silicon Catalyst Strategic
Partner_FINAL FOR PUBLICATION_AMENDED
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