NEURAi Wins startAD’s Venture Launchpad Program
startAD, the innovation and entrepreneurship platform anchored at New York University Abu Dhabi (NYUAD), announced NEURAi as the winning startup of the hardware Venture Launchpad, an immersive 10-day program which recently drew to a close.
NEURAi, an artificial intelligence powered business analytics platform, received a grant of $10,000 through the Etihad Airways Innovation Kickstarter Award. The team members will have the opportunity to work closely with and be mentored by Etihad Airways and startAD, and to build their prototype at Al Warsha, startAD’s lab at NYU Abu Dhabi.
Held in partnership with ADNOC Distribution, Etihad Airways, and Crescent Enterprises, the hardware Venture Launchpad program is one of startAD’s core initiatives that aspires to strengthen the entrepreneurial ecosystem and enable the development of technology startups in emerging and significant local industries such as energy, aviation, logistics, fintech, and smart transportation.
NYU Abu Dhabi Research Professor of Engineering, Vice Provost for Innovation and Entrepreneurship, and startAD Managing Director,A Ramesh Jagannathan said: "startAD’s strategy to catalyze Abu Dhabi and the UAE’s entrepreneurship ecosystem has gained significant momentum with close to 100 startups going through our programs in the last 18 months. It is a great opportunity for startups like NEURAi to work closely with our partners to further develop their products and pilot their MVPs on partner platforms.”
Co-founder of NEURAi, Sivanand Mahapatra commented: “With NEURAi, our aim is to democratize access to data and AI driven insights across any business organization. The hardware Venture Launchpad was a great experience. A shout out to all the mentors who were there supporting and guiding us through the course. I would recommend startAD programs to any startup that wants to explore partnerships in the GCC region. Having won the Etihad Airways Innovation Kickstarter Award, we are keen to work closely with the airline to jointly create a product for the aviation industry.