CHF 40,000 for a chip for AR glasses, a novel water management software, and decarbonized regenerated glass fiber textiles
25.10.2024
Mosaic SoC, Riverkin, and Verretex were selected at Venture Kick's second financial and entrepreneurial support stage. Their projects craft the ultimate chip designed exclusively for augmented reality glasses, offer innovative microstructured electrodes to boost alkaline electrolyzer efficiencies, and regenerate the damaged glass fibers to produce a high-quality product, solving a key problem both for producers and recyclers.
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 Mosaic SoC: CEO Alfio Di Mauro
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 Riverkin: CTO Marco Adriano Magno and CEO Jessica Droujko
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 Verretex: CEO Mitchell Anderson, COO Lidia Rocoffort de Vinniere, CFO Pierre Wust, and CSO Nour Halawani
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Mosaic SoC: crafting the ultimate chip designed exclusively for augmented reality glasses
AR glasses require real-time data processing to implement complex human-machine interfaces like eye and hand tracking. Existing microcontroller units (MCUs) lack the necessary computational power, and integrating multiple hardware algorithm accelerators into an MCU remains a major challenge. Mosaic SoC has developed an MCU architecture that overcomes these challenges. It enables multiple hardware accelerators to access memory with high bandwidth and low contention, allowing them to operate at full capacity.
Mosaic SoC was founded in 2024. The founding team comprises CEO Alfio Di Mauro (PhD,* ETH Zürich) and CTO Moritz Scherer (PhD, ETH Zürich). Alfio and Moritz have been involved in research projects with industry partners like Meta, NXP, and GlobalFoundries and have designed multiple advanced SoCs. Scientific advisor Luca Benini is Chair of Digital Circuits and Systems at ETH Zürich. Mosaic SoC’s solution addresses a USD 50M opportunity in the AR glasses market, within the USD 16B MCUs for IoT and consumer electronics market.
The Venture Kick funds will be used to engage with new customers and support the growth of the initial engineering team.
www.mosaic-soc.com
Riverkin: Combining large-scale water quality measurements and earth observation data with advanced hydrological models to support water resources management.
Climate change, population growth, and uncoordinated water planning have increased water-related issues such as shortages, natural disasters, poor water quality & biodiversity decline. Every industry relies on water; even the technology sector to cool data servers. Hydrologists know that improved water management can curtail these water-related issues. However, governments, agriculture, and other industries struggle to quantify water risks, respond to the effects of extreme events like landslides, implement mitigation strategies to enhance biodiversity, and reduce pollution due to the lack of high-quality, real-time data.
Riverkin’s team includes Dr. Jessica Droujko, an environmental engineer and CEO; Marco Adriano Magno, a robotics expert and CTO; and Dr. Nitin Kumar, an AI specialist and COO. They build, deploy, and manage a Water Data Ecosystem (WDE) comprised of their highly precise freshwater sensors and SaaS products. Riverkin targets a global smart water monitoring market valued at over USD 16B, addressing crucial needs in environmental protection, public health, and industrial efficiency.
Riverkin plans to utilize the Venture Kick funds to accelerate its growth and enhance its market presence. The funds will be used to visit more clients, set up pilot projects, and refine their business and go-to-market strategy. This will enable them to build stronger relationships with stakeholders, demonstrate the value of their WDE through real-world applications, and optimize their approach to scaling their business.
Verretex: Decarbonizing regenerated glass fiber textiles to enable the circular economy.
For decades, the composite industry has struggled to find an end-of-life solution for their fiber-reinforced plastics. Recycling techniques like pyrolysis have been used with limited success due to the low value of the damaged fibers that come out of the process, making recycling both environmentally and economically unfeasible.
Verretex has developed a process to regenerate the damaged glass fibers to produce a high-quality product, solving a key problem both for producers and recyclers. Verretex is an EPFL spin-off developed by 3 EPFL scientists and an IMD EMBA graduate. The founders, CEO Dr. Mitchell Anderson, CSO Dr. Nour Halawani, COO Dr. Lidia Rocoffort de Vinnière, and CFO Pierre Wüst have spent years working together to bring circularity to glass fiber composites. They are now getting ready to launch their first product, a regenerated glass fiber non-woven textile with an up to 80% reduction in CO2eq. We are entering a 50B market eager for sustainable and decarbonized products.
The Venture Kick funds will be used to increase their marketing presence and get more products into customers' hands.
AR glasses require real-time data processing to implement complex human-machine interfaces like eye and hand tracking. Existing microcontroller units (MCUs) lack the necessary computational power, and integrating multiple hardware algorithm accelerators into an MCU remains a major challenge. Mosaic SoC has developed an MCU architecture that overcomes these challenges. It enables multiple hardware accelerators to access memory with high bandwidth and low contention, allowing them to operate at full capacity.
Mosaic SoC was founded in 2024. The founding team comprises CEO Alfio Di Mauro (PhD,* ETH Zürich) and CTO Moritz Scherer (PhD, ETH Zürich). Alfio and Moritz have been involved in research projects with industry partners like Meta, NXP, and GlobalFoundries and have designed multiple advanced SoCs. Scientific advisor Luca Benini is Chair of Digital Circuits and Systems at ETH Zürich. Mosaic SoC’s solution addresses a USD 50M opportunity in the AR glasses market, within the USD 16B MCUs for IoT and consumer electronics market.
The Venture Kick funds will be used to engage with new customers and support the growth of the initial engineering team.
www.mosaic-soc.com
Riverkin: Combining large-scale water quality measurements and earth observation data with advanced hydrological models to support water resources management.
Climate change, population growth, and uncoordinated water planning have increased water-related issues such as shortages, natural disasters, poor water quality & biodiversity decline. Every industry relies on water; even the technology sector to cool data servers. Hydrologists know that improved water management can curtail these water-related issues. However, governments, agriculture, and other industries struggle to quantify water risks, respond to the effects of extreme events like landslides, implement mitigation strategies to enhance biodiversity, and reduce pollution due to the lack of high-quality, real-time data.
Riverkin’s team includes Dr. Jessica Droujko, an environmental engineer and CEO; Marco Adriano Magno, a robotics expert and CTO; and Dr. Nitin Kumar, an AI specialist and COO. They build, deploy, and manage a Water Data Ecosystem (WDE) comprised of their highly precise freshwater sensors and SaaS products. Riverkin targets a global smart water monitoring market valued at over USD 16B, addressing crucial needs in environmental protection, public health, and industrial efficiency.
Riverkin plans to utilize the Venture Kick funds to accelerate its growth and enhance its market presence. The funds will be used to visit more clients, set up pilot projects, and refine their business and go-to-market strategy. This will enable them to build stronger relationships with stakeholders, demonstrate the value of their WDE through real-world applications, and optimize their approach to scaling their business.
Verretex: Decarbonizing regenerated glass fiber textiles to enable the circular economy.
For decades, the composite industry has struggled to find an end-of-life solution for their fiber-reinforced plastics. Recycling techniques like pyrolysis have been used with limited success due to the low value of the damaged fibers that come out of the process, making recycling both environmentally and economically unfeasible.
Verretex has developed a process to regenerate the damaged glass fibers to produce a high-quality product, solving a key problem both for producers and recyclers. Verretex is an EPFL spin-off developed by 3 EPFL scientists and an IMD EMBA graduate. The founders, CEO Dr. Mitchell Anderson, CSO Dr. Nour Halawani, COO Dr. Lidia Rocoffort de Vinnière, and CFO Pierre Wüst have spent years working together to bring circularity to glass fiber composites. They are now getting ready to launch their first product, a regenerated glass fiber non-woven textile with an up to 80% reduction in CO2eq. We are entering a 50B market eager for sustainable and decarbonized products.
The Venture Kick funds will be used to increase their marketing presence and get more products into customers' hands.