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Berkeley SkyDeck will unveil Level 17 accelerator on April 10

Join us in Atlanta on April 10 to explore the future of a safe workforce. We’ll explore the vision, benefits, and use cases of artificial intelligence for security teams. Request an invitation here.

Berkeley SkyDeck, a global entrepreneurship hub and leading accelerator, said a demo day for Batch 17 will be held on April 10.

Despite facing economic headwinds and market volatility, the Berkeley SkyDeck startup has continued to raise capital, including more than $200 million in the past 12 months, reflecting the company’s sound business model and strong leadership team.

In Batch 17, more than half of the 20 participating companies are rooted in AI, with applications across multiple industries including education, healthcare, enterprise software, data and life sciences. The full list of participating startups can be viewed here.

“The AI ​​industry is expected to be worth nearly $2 trillion by 2030, demonstrating the market’s continued strength and untapped potential to completely reshape the world. At the same time, investors are looking for companies that can truly succeed ,” Chon Tang, founding partner of Berkeley SkyDeck Fund, said in a statement. “Berkeley SkyDeck startups raised over $200 million last year, which is a testament to the level of innovation, business acumen and vision our startups offer, making them the go-to companies to invest in. Our AI-focused startups are ready to take on the market Do great things.”

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Artificial Intelligence Impact Tour – Atlanta

Continuing our tour, we will head to Atlanta for the AI ​​Impact Tour stop on April 10th. This exclusive, invitation-only event in partnership with Microsoft will discuss how generative AI is transforming the security workforce. Space is limited, please request an invitation now.

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Caroline Winnett and Chon Tang of Berkeley SkyDeck.

The strong AI representation in this year’s batch reflects SkyDeck’s previous success with AI companies, as well as its ongoing assessment of the market to identify key investment opportunities.

SkyDeck AI alumnus MindsDB, a custom AI creation platform, has raised a total of $54.4 million in funding from top investors including Nvidia venture capital fund NVentures.

Hayden AI, another SkyDeck alumnus focused on artificial intelligence for mobile sensing, has raised a total of more than $100 million from investors including Mitsubishi Electric Innovation Fund and Bridgestone Corporation.

Deepscribe, a platform that uses ambient artificial intelligence to transform conversations between doctors and patients into fully customizable clinical records, has raised $59 million from venture capital firms including Index Ventures and Stage 2 Capital. In addition to its continued investment in AI companies, SkyDeck will host an AI hackathon this summer to identify and develop emerging talent in the field.

“SkyDeck is at the forefront of innovation across industries and is committed to finding the best technologies that solve real pain points and provide real value to society,” Berkeley SkyDeck executive director Caroline Winnett said in a statement. “Last summer, SkyDeck hosted its largest Live AI Hackathon Because we know AI will be a key component of our future investments and activities, we will be hosting this major hackathon again in June. Our 17th cohort of companies exemplifies our forward-thinking priority approach – they have the power to set the next trend in AI, rather than just iterate on current trends. We look forward to seeing how our investor network responds to this round of startups.”

Berkeley SkyDeck Demo Day will be held on April 10, 2024 at 3:00 pm Pacific Time in Zellerbach Hall, Berkeley, California. Qualified investors interested in accepting the invitation can apply through this link.

SkyDeck startups have raised a total of more than $1.8 billion in funding to date. Participating startups have access to SkyDeck’s network of 700 advisors, 70 industry partners and more than 510,000 UC Berkeley alumni.

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