SAN LUIS OBISPO, CA — Dr. Palak Jain, CEO and co-founder of Vellex Computing, was announced as a Cohort 2023 Activate Fellow in the Activate Berkeley Community at Berkeley Lab’s Cyclotron Road. Founded in 2015, the two-year Activate Fellowship provides support for entrepreneurial scientists to move their breakthrough technologies from ideas to scalable solutions. The 46 Activate Fellows in Cohort 2023 were selected from a record pool of 832 applications. Vellex Computing has been developing a computing stack for accelerating grid computing applications. “We are excited to be part of the Activate Community, and look forward to scaling our technology towards high-impact solutions for our customers,” said Dr. Jain.
Vellex Computing is building a computing engine for addressing critical challenges in numerous industries including energy, finance, life sciences, logistics, and advanced materials. Founded in 2020 as a spin-off from Stanford University, Vellex Computing is based in San Francisco and Delhi, India. Vellex’s patented technology includes a first-of-its-kind neural-inspired hardware accelerator that can outperform conventional optimization solvers by multiple orders of magnitude. For more information, visit www.vellex.io.
Founded in 2015, Activate empowers scientists to reinvent the world by launching startups to address climate change and other global challenges. Working between government, philanthropy, universities, and the private sector, Activate transforms scientists into high-impact entrepreneurs through the Activate Fellowship, a two-year immersive experience that equips science entrepreneurs with the skills, networks, infrastructure, and funding they need to quickly and effectively bring their groundbreaking research to market. Activate is a 501(c)(3) nonprofit and does not charge any fee nor equity for fellows to participate. Activate’s entrepreneurial fellowship model originated at Cyclotron Road, the first DOE Lab Embedded Entrepreneurship Program (LEEP) started at Lawrence Berkeley National Laboratory, and the founding Activate partner. Activate supports fellows in communities across the U.S.: Activate Berkeley, Activate Boston, Activate New York, Activate Houston, and Activate Anywhere. Learn more at Activate.org.
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