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About Intel Ignite

Intel Ignite, an accelerator and incubator program founded in 2019, is based in Tel Aviv, Israel. With a presence in 3 countries, it has supported around 22 startups in sectors like High Tech, Enterprise Applications. As of Oct 2026, Intel Ignite has 1 unicorn under its belt and has witnessed 2 portfolio exits. Most notable companies in its portfolio include Addionics, Orca AI and Atlantic Quantum. The program primarily supports Grant (prize money) startups based in Germany. Its latest investment was a Undisclosed Grant (prize money) round in Proxima Fusion on Nov 06, 2023.
Key Metrics
Founded Year
2019
Location
Tel Aviv, Israel
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Locations of Investment
Unicorn in Portfolio

Intel Ignite's List of Top Investments

Intel Ignite has a portfolio of 22 companies, one of which is a Unicorn. Their most notable investmentis in SuperDuperDBTheir portfolio spans across Germany, Israel and United States. They have invested in High Tech, Enterprise Applications, Enterprise Infrastructure and 14 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by Intel Ignite:
Manufacturer of three-dimensional current collectors designed for advanced battery performance. These collectors facilitate faster charging, lighter weight, and higher conductivity in batteries. The technology is designed for seamless integration into existing battery assembly lines. The current collectors are compatible with traditional coating processes, enabling use with existing and emerging battery chemistries.

Key facts about Addionics

  • Founded Year: 2017
  • Location: Tel Aviv (Israel)
  • Valuation: $*****
  • Stage: Series B
  • Total Funding till date: $69.5M
  • Employee Count: 92 as on Aug 31, 2026
  • Investors: Chambiz, GM Ventures and 43 Others
  • Latest Funding Round: Series B, Jul 25, 2024, $*****
  • Highlight: Editors' Pick
Developer of maritime artificial intelligence platform for enhanced situational awareness. The platform offers tools for bridge and office teams to improve safety. It provides situational awareness and autonomous shipping solutions. The company serves commercial shipping and defense and government sectors.

Key facts about Orca AI

  • Founded Year: 2018
  • Location: Tel Aviv (Israel)
  • Stage: Series B
  • Total Funding till date: $111M
  • Employee Count: 170 as on Aug 31, 2026
  • Investors: Brighton Park Capital, Lloyd’s and 11 Others
  • Latest Funding Round: Series B, May 06, 2025, $*****
  • Highlight: Editors' Pick
Developer of quantum computers for computations and processing information. It provides users with a company that is focused on solving the quantum hardware problem by building scalable quantum computers. Company is working on building fault-tolerant quantum computers by making superconducting qubit technology and deploying scalable hardware architecture.

Key facts about Atlantic Quantum

Provider of cloud platform for satellite mission design, simulation, and operation. The platform supports various payloads, buses, and missions, including ground segments. It enables government and commercial operators to build, launch, and operate constellations. The platform facilitates performance optimization across complex, multi-vendor architectures. It offers solutions for designing and customizing satellites. The platform allows users to simulate missions using hardware and software configurations. It provides a solution for space vehicle software, which can integrate existing software.

Key facts about Antaris

Key facts about Proxima Fusion

Intel Ignite's Investments by Stage

Intel Ignite has made 4 investments in Grant (prize money) stage and 3 investments in Seed stage.
Here are Intel Ignite's investments by stage:
Stage of entry
No. of Investments
Grant (prize money)
4
Seed
3
Breakdown of Intel Ignite's investments by stage of entryGrant (prize money) (4)Seed (3)
Note: We have considered here, only first round of investments

Intel Ignite's Investments by Sector

Intel Ignite has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Energy and Energy Tech. Notably, it has invested in 21 Tech companies, 19 Enterprise (B2B) companies, 16 Software companies and at least 10 companies focusing on Saas.
Here are Intel Ignite's investments by sector:
Sector
No. of Investments
Enterprise Applications
3
Enterprise Infrastructure
3
High Tech
3
Energy
1
Energy Tech
1
Others
5
Breakdown of Intel Ignite's investments by sectorsEnterprise Applic... (3)Enterprise Infras... (3)
Note: We have considered here, only first round of investments

Intel Ignite's Investments by Geography

Intel Ignite has made most investments in Germany (3), followed by Israel where it has made 2 investments.
Here are Intel Ignite's investments by geography:
Country
No. of Investments
Germany
3
Israel
2
United States
2
Breakdown of Intel Ignite's investments by countriesGermany (3)Israel (2)
Note: We have considered here, only first round of investments

Intel Ignite's recent investments

Intel Ignite has not made any investment in 2026 so far.
Here are the most recent investments by Intel Ignite:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Nov 06, 2023
Germany
Grant (prize money)
9829
-
Nov 06, 2023
Germany
Grant (prize money)
6241
-
Nov 06, 2023
Germany
Seed
5592
-
Oct 02, 2023
United States
Seed
6287
-
2023
United States
Grant (prize money)
1106
-

Unicorns in Intel Ignite's Portfolio

Intel Ignite has 1 unicorn in its portfolio - Proxima Fusion. The most recent unicorn in their portfolio is Proxima Fusion which became a unicorn in 2026, 2 years after Intel Ignite first invested in it.
Here is a list of unicorns in Intel Ignite's portfolio:
Tracxn Score
Company
Short Description
Founded year
Sector
Location
Company Stage
First Investment/ Acquisition Details
60
Developer of fusion power plants
2023
Munich
Series A
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Acquired companies in Intel Ignite's Portfolio

2 companies from Intel Ignite's portfolio have been acquired. The most recent acquisition was Quality Match in Dec 2025 by Wayve for $*****.
Here are Intel Ignite's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Dec 01, 2025
-
-
9996
Sep 08, 2022
-
-
1607

Co-investors of Intel Ignite

Over the past 4 years, 53 investors have co-invested in Intel Ignite's portfolio companies. This includes funds and angels.

  • Invested before Intel Ignite: UVC Partners, HTGF and 10 others have invested in rounds before Intel Ignite. There is 1 company where UVC Partners has invested before Intel Ignite and 1 company where HTGF has invested before Intel Ignite.
  • Invested after Intel Ignite: A total of 41 investors have invested in Intel Ignite's portfolio after their investments. Top Investors include Lightspeed Venture Partners (2 companies) and Europa (2 companies).

Recent News related to Intel Ignite

•
Intel Ignite announces seventh cohort in Tel AvivCTech•Nov 09, 2022•Intel Ignite
•
Intel Ignite Expands Startup Acceleration Program to BostonBusiness Wire•Oct 18, 2022•Intel Ignite
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View all news related to Intel Ignite

FAQs about Intel Ignite

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