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Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc., is giving a boost to promising technology start-ups in India through mentorship and collaboration as a part of the ASTRA (Applied Start-up Technology and Research Accelerator) 2020 program. At a recent virtual event hosted by Applied Materials India Private Limited, eight start-ups in the areas of Industry 4.0, chip design, life sciences, advanced analytics, sensors, robotics and AR/VR pitched their product offerings and business plans, and will be further considered for potential collaboration with Applied Materials and investment opportunities with Applied Ventures.
The start-ups that presented at the ASTRA 2020 event are: AiNDRA, AjnaLens, AlphaICs, Ecolibrium, Lightspeed AI, Multinanosense, NiMo Planet and SwitchOn. If selected, the start-ups will receive mentorship and consultation from Applied Materials India on design, technology and go-to-market strategy, as well as gain access to Applied’s infrastr