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New “A.I. & Robotics Founder Syndicate” program will help launch early-stage startups, with mentorship from over 20 A.I. & Robotics experts in Pittsburgh.

October 2nd, Palo Alto, CA & Pittsburgh, PA – The Founder Institute, the world’s largest pre-seed startup accelerator and Philips, a leading health technology company focused on improving people's health, are announcing the “A.I. & Robotics” program in Pittsburgh.

The A.I. & Robotics Founder Syndicate aims to inspire and support early-stage A.I. & Robotics entrepreneurs and teams in the Pittsburgh Founder Institute by providing:

  • Feedback and Mentorship from 20+ top A.I. & Robotics Experts
  • The opportunity to work alongside top innovation leaders at Philips
  • A.I. & Robotics sessions on building product and funding raising 
  • Several "Partner Fellowships" Awarded to the Top Program Applicants, allowing them to participate in the program for free: https://fi.co/join/AI 
  • A Local and Global Support Network of Entrepreneurs, Investors, & Advisors
  • Over $2M in Partner Deals and Resources 

According to William Gaussa, an Advanced Innovation Leader at Philips, 

Artificial Intelligence will play a key role in advancing healthcare access and innovation for consumers. We believe that the Founders Institute A.I syndicate will help us identify and develop founders and startup teams passionate about A.I. innovation to create new advancements and equity in the global healthcare industry.

The goal of this program, designed in partnership with Philips is to help launch more than 20 promising companies leverage A.I. or Robotics technology in 2020 and further establish Pittsburgh as a center for A.I. & Robotics innovation. Early-stage entrepreneurs and teams interested in building an A.I. or Robotics startup in Pittsburgh are encouraged to apply at FI.co/join/AI. The final deadline for applications will be on December 15th, 2019, and the program will run from January 21st, 2020 to April 28th, 2020.

To celebrate this new program, the Pittsburgh Founder Institute will host several free events focusing on A.I. & Robotics over the next few weeks: 

  • How to Launch an AI of Robotics based Company in Pittsburgh: Tuesday, October 8th, 6:30pm, TrueFit (501 Grant Street, 11th Floor, Pittsburgh, PA): RSVP
  • How to Use AI to Solve the Biggest Problems of Humanity: Tuesday, November 19th, 6:30pm, TrueFit (501 Grant Street, 11th Floor, Pittsburgh, PA): RSVP

Adeo Ressi, CEO of the Founder Institute, and former student at Carnegie Mellon adds,

I spent some time at Carnegie Mellon and I know there’s an abundance of talent in Pittsburgh. I’m excited to see the city's expertise in artificial intelligence and robotics gaining traction and being showcased.

The Pittsburgh Founder Institute was launched in 2017 by Randy Eager (Founder and Managing Partner, Aqualibrium LLC) and Greg Coticchia (Chief Executive Officer/Founder, ENTRA). The first Pittsburgh program concluded in July 2018 with seven companies, including one A.I. company from the cohort, Three10 Solutions, which recently raised a successful seed-round of funding. The A.I. & Robotics Founder Syndicate will run alongside the standard Pittsburgh Winter 2019 Founder Institute cohort and will provide dedicated resources to the A.I. & Robotics Founders in the program. 

Learn more about the AI Founder Syndicate at http://fi.co/join/AI.

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Royal Philips of the Netherlands is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care.

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The Founder Institute is the world's largest pre-seed accelerator. We help pre-funding entrepreneurs and teams build an enduring company by establishing a critical support network of local startup experts that are invested in their success, and providing a structured and challenging business-building process that has helped our alumni raise over $800M. Leaders of the world’s fastest-growing startups have used the Founder Institute to raise funding, get into seed-accelerators, generate traction, recruit a team, build a product, transition from employee to entrepreneur, and more. The Founder Institute was founded in 2009 by Adeo Ressi and Jonathan Greechan, today the program operates across 180 + cities and is localized into 9 languages.

FOUNDER INSTITUTE PRESS KIT

Graduates of the Founder Institute are creating some of the world's fastest growing startups, having raised over $1B in funding, and building products people love across over 185 cities worldwide. See the most recent news from our Grads at FI.co/news, or learn more about their stories at FI.co/journey

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