Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars
Investments
51Portfolio Exits
1About Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars gives talented entrepreneurs access to Comcast NBCUniversal's renowned network of partners, brands, and mentors to foster rapid breakthroughs in media, entertainment, and connectivity. Comcast NBCUniversal has partnered with Techstars to offer a 13-week program for startups working in media, entertainment, and connectivity. It is based in Philadelphia, Pennsylvania.
Want to inform investors similar to Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars News
May 30, 2023
Home » Comcast Dabbles in AI with Startups Comcast this week announced its Comcast NBCUniversal LIFT Labs Accelerator: Generative AI. The company will work with startups to gain insights on opportunities in Generative AI and explore working with the companies. Generative AI involves generating text, images, or other media in response to prompts. In the six-week accelerator, there will be in-person programming at the Comcast Technology Center in Philadelphia and virtual sessions. In addition, there will be opportunities to work with teams across Comcast and to hear from leading AI investors and founders; experts on enterprise business development; and media. Participating startups represent a variety of stages of fundraising, from pre-seed to Series B, and are addressing a range of use cases across a number of industries. The participating companies will be announced at the conclusion of the program. Leading the accelerator will be Laura Plunkett and Luke Butler, Comcast NBCUniversal executive directors of startup engagement, and VentureFuel, an organization that helps corporations around the world innovate through startup collaborations. Upon completion of the accelerator, alumni will continue to receive dedicated support from the LIFT Labs team to assist in pilot execution and to facilitate further connections to teams at Comcast, NBCUniversal and other enterprises in the LIFT Labs network. The accelerator program is designed to build on Comcast’s history of working with startups. Since LIFT Labs launched its first accelerator in 2018, more than 80% of the portfolio companies have landed a proof of concept, pilot, or commercial deal with Comcast NBCUniversal. “The possibilities surrounding Generative AI and its applications are rapidly increasing as we continue to learn more about these emerging technologies,” said Sam Schwartz, Comcast chief business development officer, in a prepared statement . “The customized curriculum of the program fosters creativity and innovation, with a focus on establishing partnerships with enterprises.” Related Articles
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars Investments
51 Investments
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars has made 51 investments. Their latest investment was in Generative AI as part of their Incubator/Accelerator on May 5, 2023.
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/22/2023 | Incubator/Accelerator | Generative AI | Yes | 1 | ||
8/15/2022 | Seed | Mtion Interactive | $0.12M | Yes | 1 | |
8/15/2022 | Seed | LLUNA | $0.12M | Yes | 2 | |
8/15/2022 | Seed - II | |||||
8/15/2022 | Seed |
Date | 5/22/2023 | 8/15/2022 | 8/15/2022 | 8/15/2022 | 8/15/2022 |
|---|---|---|---|---|---|
Round | Incubator/Accelerator | Seed | Seed | Seed - II | Seed |
Company | Generative AI | Mtion Interactive | LLUNA | ||
Amount | $0.12M | $0.12M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 2 |
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars Portfolio Exits
1 Portfolio Exit
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars has 1 portfolio exit. Their latest portfolio exit was eyecandylab on February 22, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
2/22/2023 | Acquired | 1 |
Date | 2/22/2023 |
|---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars Team
2 Team Members
Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars has 2 team members, including former Senior Vice President, Princell Hair MBA.
Name | Work History | Title | Status |
|---|---|---|---|
Princell Hair MBA | Turner, CNN, CBS, Hearst, and NBC Universal | Senior Vice President | Former |
Name | Princell Hair MBA | |
|---|---|---|
Work History | Turner, CNN, CBS, Hearst, and NBC Universal | |
Title | Senior Vice President | |
Status | Former |
Compare Comcast NBCUniversal LIFT Labs Accelerator powered by Techstars to Competitors
Maryland Technology Development Corporation (TEDCO) is a source of entrepreneurial support and guidance for start-ups and early-stage companies. The organization provides funding, mentoring, and networking opportunities to support Maryland's innovation ecosystem. TEDCO is an independent entity that makes seed or early-stage investments and manages private capital for angel and venture capital funds. It was founded in 1998 and is based in Columbia, Maryland.
UpTech is a technology accelerator program. It offers funding and community connections to entrepreneurs. The corporation was founded in 2012 and is based in Covington, Kentucky.
RocketSpace is a technology campus headquartered in the heart of San Francisco. Since 2011, the company has been helping tech entrepreneurs, startups and corporate innovation professionals bring the future to market. The company offers services to its members including programming, consulting, events, and office-as-a-service, which together create the perfect ecosystem and community for innovation to thrive. Select startup alumni include Uber, Spotify, Practice Fusion, and Leap Motion, and RocketSpace's roster of Corporate Innovation Services clients include Schneider Electric, Converse, Tata Communications, Royal Bank of Scotland, Pfizer Consumer Healthcare, Samsung, and ABinBev.
GoWork India is a collaborative co-working campus offering dedicated 1000 seater collaborative work environments for quick and optimized teamwork to 'meditation' and' frustration' zones.
NetQub operates a tech startup accelerator. It helps startups build businesses by connecting them with customers, capital, experts, and a community of entrepreneurs. NetQub was founded in 2016 and is based in Englewood, Colorado.
Rockstart operates as an early-stage investor company. It supports and empowers purpose-driven founders in agri-food, energy, and emerging technologies. The company provides startups with access to capital, market, community, and expertise by connecting them to partners, investors, mentors, and more. It was founded in 2011 and is based in Amsterdam, Netherlands.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.