AI chip start-ups join Government scheme to boost investment hopes

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A range of semiconductor start-ups working on tech that could help make AI more efficient and create new healthcare devices have joined a Government-backed scheme to help them receive more funding. The 11 new firms joining the scheme include Pom Health, which is using semiconductors to create a wearable patch for continuous hormone monitoring, a device which could aid fertility treatments. “As well as the commercial success of the first cohort, the innovations ChipStart is supporting could help to change lives, from helping to develop new fertility treatments to optimising AI and extending the battery life of devices we use every day. “We are making sure British science leadership converts to help address critical global challenges and drive economic growth.” The Government said ChipStart provides firms with access to commercial design capability, as well as mentorship and access to private capital and potential investors as well of helping them grow their business by further developing their products and offering a potential route to market.