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Press Release

Updated: Oct 30, 2020

Oculi® Inc joins Silicon Catalyst Semiconductor Incubator

Silicon Valley, CA October 29, 2020 - Silicon Catalyst, the world’s only incubator focused exclusively on accelerating solutions in silicon announces the admission of Oculi® into the semiconductor industry’s highly acclaimed program. The Silicon Catalyst Incubator offers early-stage chip startups a coalition of In-Kind and Strategic Partners to dramatically reduce the cost and complexity of development.


Oculi has developed the SPUÔ, a novel patented image sensing and true edge processing semiconductor chip to enable machines to operate with greater safety, precision and efficiency. The Oculi SPU is able to discriminate pixels with new information or changes and to provide an understanding about a moving scene, and in this regard is analogous to an eye but for a machine. “Oculi intends on putting the Eye in A.I.”, commented Edwards, Oculi’s CEO & Co-founder.


An actionable output in low bandwidth is delivered and enabled by fast dynamic sampling and in-pixel processing with low total system power. Machines with the Oculi SPU can react to changes in a scene 10-1,000x faster than traditional machine vision systems, fast enough even to observe a speeding bullet, and benefiting from Oculi’s Bionic Vision technology, one of several proprietary innovations.


The Oculi SPUÔ is shipping and has initial deployments and contracts related to transportation infrastructure and smart cities with corporations in the US, Europe and Japan. Applications include incident and anomaly detection, smart triggering, smart infrastructure image sensing, with a low bandwidth compressed output signal ideally suited to a wireless or 5G backhaul.


Mark Edwards, Co-founder, CEO and veteran of the IT industry (former executive at Hewlett Packard HPQ, Mformation NOK), Microsoft MSFT, Symbian NOK, commented “Oculi are delighted to join Silicon Catalyst as a portfolio company and to benefit from the extensive ecosystem they have built in the semiconductor industry”.


“I’m very pleased to welcome Oculi into the Silicon Catalyst. We are impressed with the company’s vision and progress. Our comprehensive ecosystem of Advisors, Strategic and In-Kind Partners, and investors look forward to helping them on their journey to deliver innovative products to their target markets,” stated Pete Rodriguez, CEO of Silicon Catalyst.

Jay Steinmetz, CEO of Barcoding Inc. and angel investor said, “The Oculi SPU is a major breakthrough technology enabling actionable information to be outputted efficiently, with previously unattainable sampling speeds and in a low bandwidth compressed by up to 99% and low power. This is a very exciting technology”.


About Oculi

Oculi offers the SPUÔ, an image sensor with true edge processing that delivers 10-1,000x lower sensor latency and with an event/ feature output signal that is reduced in bandwidth by 85-99%, versus a full frame traditional image sensor output. The embedded in-pixel processing provides powerful capabilities to discriminate the desired signal whilst disregarding noise and with low overall power consumption from signal to information. Oculi are targeting the transportation infrastructure market.

Oculi’s technology has matured through various iterations for over a decade. Oculi is led by Mark Edwards, CEO and Co-founder and veteran of the IT industry, former executive at Hewlett Packard HPQ, Microsoft MSFT, Symbian NOK and Mformation NOK. The lead technologist since its inception is Dr. Charbel Rizk, Oculi CTO and Co-founder, Senior P.I., S&T manager, Professor. Rockwell Aerospace, McDonnell Douglas, Boeing, and Johns Hopkins University.

Further information can be found at www.oculi.ai.


About Silicon Catalyst It’s About What’s Next® - Silicon Catalyst is the world’s only incubator focused exclusively on accelerating solutions in silicon, building a coalition of in-kind and strategic partners to dramatically reduce the cost and complexity of development. More than 300 startup companies have engaged with Silicon Catalyst since April 2015, with a total of 31 startup and early-stage companies admitted to the incubator. With a world-class network of mentors to advise startups, Silicon Catalyst is helping new semiconductor companies address the challenges in moving from idea to realization. The incubator/accelerator supplies startups with a path to design tools, silicon devices, networking, access to funding, banking and marketing acumen to successfully launch and grow their companies’ novel technology solutions. The Silicon Catalyst Angels was established in July 2019 as a separate organization to provide access to seed and Series A funding for Silicon Catalyst portfolio companies.


For Press Information Contact:

Oculi Inc Mark Edwards Co-founder & CEO info@oculi.ai


More information is available at www.siliconcatalyst.com and www.siliconcatalystangels.com

Silicon Catalyst

Richard CurtinManaging Partner

richard@siliconcatalyst.com


Next® is a registered trademark of Silicon Catalyst

Oculi®, SPU™, IntelliPixel™, FusionSensor™, LidarLite™, BionicVision™ are Trademarks of Oculi Inc.


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