March 19, 2009

Nvidia Seeks Next Great GPU Computing Company

Santa Clara, Calif. - Nvidia Corporation has launched the GPU Ventures Program, a new global initiative with the aim of identifying, supporting, and investing in early-stage companies leveraging the GPU for visual and other computing applications. Nvidia is also debuting the GPU Venture Zone Web site, a portal to showcase the innovative GPU applications being developed by its ecosystem partners.
Through the GPU Ventures Program, Nvidia intends to evaluate companies that leverage the GPU for both consumer and professional applications in all areas, such as video and image enhancement, scientific discovery, financial analysis, and 3D interfaces.

Investments are expected to range from $500,000 to $5 million, and strategic partnerships are expected to span joint marketing, joint development, product distribution, and beyond, says a representative.

In addition to Elemental Technologies, Nvidia has invested in start ups including Acceleware, Keyhole Corporation (acquired by Google for Google Earth), Mental Images (acquired by Nvidia), MotionDSP, and Right Hemisphere. These companies were among 60 other start-ups that met with key figures in the investment and technical community at Nvidia's 2008 Emerging Companies Summit, due to take place again in the Fall of 2009.

If you would like to submit a business plan or attend the Emerging Companies Summit, interested parties are asked to e-mail for more information and visit the GPU Venture Zone Web site at .