Chipmaker Arm has co-founded a ‘deep tech’ accelerator in Cambridge - CNBC

chip designer Arm has co-founded a new start-up accelerator in Cambridge to try to help young "deep tech" firms grow into the next generation of tech giants.

tech industry, Arm has co-founded the accelerator, known as Deeptech Labs, with the University of Cambridge, private equity investor Cambridge Innovation Capital and venture firm Martlet Capital.

"In co-founding Deeptech Labs, we're pleased to support the next generation of game-changing technology companies by helping them to access the world-class Cambridge technology ecosystem," he said.

Kirby, who previously worked at Qualcomm for 18 years and ran an accelerator while he was there, said Deeptech Labs looked at around 900 companies for its initial cohort before picking five: AutoFill, BKwai, Circuit Mind, Contilio and Mindtech.