Six Startups Split $650,000 in Prizes at Emerging Companies Summit

by Alain Tiquet

Six promising startups walked away with cash and prizes worth more than $650,000 at NVIDIA’s seventh annual Emerging Companies Summit.

More than 50 startups participated in the competition, selected from a field of more than 150 applicants from 30 countries. The event is a regular highlight of NVIDIA’s GPU Technology Conference, in Silicon Valley, which drew more than 4,000 attendees.

This year’s award winners included:

  • Ersatz Labs – Makes deep learning accessible through a web-based user interface and API. (U.S. based.)
  • QM Scientific – Makes shopping easier by showing the best places to shop based on price, quality or location. (U.S. based.)
  • Viontech  – Creates embedded systems for transport, video surveillance, business intelligence (China based.)
  • Herta Security – Facial recognition software for surveillance and security (Spain based.)
  • Clarifai – Image-recognition software for deep learning (U.S. based.)

Each received $15,000 in legal services from Cooley, $60,000 worth of Microsoft’s Windows Azure for BizSpark Plus, $30,000 worth of GPU computing time and hosting services from Rescale, an NVIDIA Tesla K40 GPU worth $5,000, and a trophy. But perhaps more valuable is the prestige and visibility that comes from being recognized as one of the world’s more innovative startups.

A sixth startup, Artomatix, won the $100,000 Early Stage Challenge at the event for the most promising young startup. The Dublin, Ireland-based company automates artwork creation for video games.