Wednesday, July 15, 2020

EvoNexus Launches 5G Incubator

San Diego-based nonprofit startup and technology incubator operator EvoNexus announced this morning that it has launched a brand new, 5G startup incubator program, which is being sponsored by Qualcomm. According to the company, the new program will assist early-stage companies who are helping to build the wireless 5G ecosystem. EvoNexus and Qualcomm did not say how much Qualcomm will invest in the program, however, the two said that Qualcomm has been a longtime partner of EvoNexus, having directly invested in a number of its companies, and acquired two of them. EvoNexus said the program will be open to any early stage venture that will "accelerate and leverage 5G and AI" regardless of location.

---