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Finalists Announced for Round 4 of Luminate NY Accelerator

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Empire State Development announced the 10 finalists selected to take part in the fourth round of the Luminate NY accelerator program and competition. The finalists were selected from a pool of 126 startups from 22 countries and 21 U.S. states. They had applied for consideration and pitched their ideas and innovations to an advisory panel of industry experts. Each finalist will receive an initial investment of $100,000 and will have the chance to compete for up to $2 million in follow-on funding upon completion of the accelerator program. This fourth cohort of Luminate NY will begin on April...Read full article

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    Published: March 2021
    Glossary
    nanotechnology
    The use of atoms, molecules and molecular-scale structures to enhance existing technology and develop new materials and devices. The goal of this technology is to manipulate atomic and molecular particles to create devices that are thousands of times smaller and faster than those of the current microtechnologies.
    3d printing
    3D printing, also known as additive manufacturing (AM), is a manufacturing process that builds three-dimensional objects layer by layer from a digital model. This technology allows the creation of complex and customized structures that would be challenging or impossible with traditional manufacturing methods. The process typically involves the following key steps: Digital design: A three-dimensional digital model of the object is created using computer-aided design (CAD) software. This...
    lidar
    Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    BusinessLuminateEmpire State DevelopmentEmpire State Development (ESD)acceleratorstartupstartup acceleratorstartup competitionstartup companiesRochestersolarNIRBiophotonicsnanotechnology3d printingOptics3D imaginglidarmachine visionlight speed

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