NVIDIA to Provide Startups Access to VC Funding

<p>NVIDIA says it will help its 9&comma;000&plus; members of <a href&equals;"https&colon;&sol;&sol;www&period;nvidia&period;com&sol;en-us&sol;startups&sol;">NVIDIA Inception<&sol;a> with a better chance to get venture capital funding&period; The company is introducing a new program benefit to connect these startups with a rapidly growing community of 200 VCs and investors&period;<&sol;p>&NewLine;<p>The <a href&equals;"https&colon;&sol;&sol;blogs&period;nvidia&period;com&sol;blog&sol;2021&sol;04&sol;14&sol;inception-vc-alliance-launches&sol;">NVIDIA Inception VC Allianc<&sol;a>e will open new paths for startups to engage&comma; create introductions and accelerate potential funding&comma; which will facilitate global startup innovation&period;<&sol;p>&NewLine;<h2><b>Expanding Access to Investors<&sol;b><&sol;h2>&NewLine;<p>Similar to a virtual matchmaking service&comma; this new benefit from NVIDIA Inception — a program designed to nurture startups revolutionizing industries with advancements in  AI and data science AR&sol;VR&comma; HPC&comma; and beyond— enables members to indicate funding interest and then connect with VCs and investors&comma; who might not otherwise be reachable&period;<&sol;p>&NewLine;<p>To engage these VCs&comma; members provide specifics on their upcoming raise such as amount of funding&comma; lead investor&comma; and details on how they’ll deploy raised capital&period; This confidential data — provided only to VC Alliance members — helps VCs and other backers quickly identify startups that match their investment thesis&comma; such as industry&comma; investment stage&comma; region and lead&period;<&sol;p>&NewLine;<p>Once a startup is identified&comma; with a single click inside the VC portal&comma; both parties are directly connected and can discuss an investment opportunity&period;<&sol;p>&NewLine;<h2><b>Engaging Across the Startup Ecosystem<&sol;b><&sol;h2>&NewLine;<p>Launched in April&comma; the VC Alliance offers venture capital firms and investors insights to the startup landscape&comma; a closer relationship with NVIDIA&comma; direct portfolio support and exposure to promising startups&period;<&sol;p>&NewLine;<p>The types of investors who have joined the alliance as members have broadened as well&comma; and now includes private equity&comma; family offices and sovereign wealth funds&period;<&sol;p>&NewLine;<p>Investment in startups is on pace this year to exceed all previous records&comma; and valuations are at all-time highs&period; Meanwhile&comma; exits since the third quarter of 2020 have more than doubled&comma; as U&period;S&period; venture-backed startups that went public or got acquired totalled &dollar;582 billion in value&comma; according to a PitchBook-NVCA Venture Monitor report&period;<&sol;p>&NewLine;<h2><b>Inception Membership Jumping<&sol;b><&sol;h2>&NewLine;<p>NVIDIA Inception members&comma; which have grown 29 percent since the start of the calendar year and more than 8 percent in the last quarter&comma; account for roughly two-thirds of AI startups worldwide&comma; based on industry estimates from Pitchbook&period;<&sol;p>&NewLine;<p>These numbers continue to grow&period; Inception members now represent more than 100 countries&comma; notching upwards of &dollar;65 billion in funding&comma; making it a leading indicator of the global AI startup ecosystem&period;<&sol;p>&NewLine;

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