Ron Black, previously CEO of Imagination and Rambus, and veteran EDA executive Sean Redmond are heading up SiliconCatalystUK.
Silicon Catalyst was founded in Silicon Valley in 2014 as a mentoring and networking company, partly in response to a lack of venture capital funding. It provides startups with advice and lower-cost access to essential suppliers who in return get to engage with pre-evaluated startups.
More than 400 start-up companies have engaged with Silicon Catalyst since April 2015, with a total of 38 startup and early-stage companies being selectred for admission to the accelerator.
The incubation model has helped startups with the design and fabrication ICs, sensors and MEMS by providing advanced design tools and services from a network of "in-kind partners" and services that extend out to foundry PDK access, MPW runs and legal and banking services.
Nick Kepler, COO of Silicon Catalyst said that over the last six years Silicon Catalyst has made more than $100 million of in-kind services available to its portfolio companies and helped them raise $250 million in funding.
"We look forward to working closely with the UK startup ecosystem, bringing a small part of Silicon Valley to further accelerate entrepreneurial teams to their full potential," said Black, in a statement. "We will be hosting a webinar on Wednesday, June 23, 2021 and invite members of the semiconductor value chain to attend and learn more about our comprehensive accelerator program."
"I am delighted to be working with Ron to help launch Silicon Catalyst in the UK. Having recently worked closely with the UK government, industry, and universities to guide their industrial digital strategy, this launch is a great opportunity to put that work into action for UK semiconductor startups," said Redmond in the same statement.
Next: UK flavours