Key Takeaways
- NEC X announces applications for Batch 14 of its Elev X! Ignite startup program.
- Successful startups receive up to $250K funding and mentorship from NEC’s global innovation network.
- Applications increased by 35% from previous batches, highlighting growing interest among tech startups.
- Program targets early-stage entrepreneurs developing B2B software, SaaS, GenAI, Computer Vision, and Predictive Analytics.
- Deadline to apply is June 30, 2025, with the program starting in August.
NEC X Now Accepting Applications for Elev X! Ignite’s 14th Batch
NEC X, a Silicon Valley venture studio supported by NEC’s advanced technologies and global business ecosystem, announced that it is now accepting applications for Batch 14 of its flagship startup acceleration program, Elev X! Ignite. The program provides early-stage startups with critical mentorship, technology development support, startup-building resources, and up to $250,000 in equity funding.
The application window closes on June 30, 2025, with successful applicants beginning the initial phase of the program in August 2025.
NEC X: Accelerating Startup Growth Through Unique Collaboration
Elev X! Ignite is designed specifically to assist entrepreneurs in the problem discovery and validation phases of startup development. Selected participants will benefit from close collaboration with NEC’s global network of engineers, researchers, business coaches, and advisors, significantly accelerating product development and market validation processes.
“The rapid growth of Elev X! proves that visionary founders need more than just capital,” said Shintaro Matsumoto, President and CEO of NEC X. “With Batch 14, we’re amplifying our commitment to provide unparalleled access to NEC’s R&D and global ecosystem, empowering innovators to build transformative and scalable enterprises.”
Strong Interest from Tech Startups
Interest in NEC X’s Elev X! Ignite program has grown significantly, with a notable 35% increase in applications between recent batches. This demand highlights the appeal of NEC X’s comprehensive approach, combining deep tech expertise, global market access, and tailored mentorship.
Ideal candidates for Batch 14 include startups working on B2B software and SaaS solutions, particularly in the areas of Generative AI, Computer Vision, and Predictive Analytics. While NEC X holds specialized experience in AgTech, climate research, digital health, and public safety, the program remains open to startups across various sectors aiming for meaningful social and commercial impact.
Proven Track Record of Startup Success
Since 2018, NEC X’s venture programs have supported over 150 startups, many of which have achieved substantial success and industry recognition:
- SeafoodAI, featured in Business Insider, applies AI biometrics to ensure seafood sustainability through its CrabScan360 technology. CEO Rob Terry credits NEC X’s support as crucial to their growth.
- Qualitative Intelligence (QI) uses NEC’s Semantic Model Technology to revolutionize advertising with real-time predictive analytics. CEO JD Rico described Elev X! as a “transformative experience.”
- LandWise Analytica deploys AI and sustainability mapping to optimize agricultural land use, quickly attracting interest from farmers and investors. Co-founder Patrick McMillan acknowledged NEC X’s role in accelerating their pilot program and market entry.
Rigorous Selection Process
Around 30 startups will be chosen to participate in an initial, equity-free “Business Model Design” phase consisting of workshops and mentorship. Of these, ten startups will advance into the full, intensive Elev X! Ignite program.
NEC X Program Benefits at a Glance
- Up to $250,000 equity funding per startup.
- Direct access to NEC’s extensive R&D infrastructure and global business units.
- Facilitated strategic partnerships and targeted customer development.
- Proven track record with over 150 startups accelerated to date.
Entrepreneurs interested in participating can submit applications through June 30, 2025, for the opportunity to leverage NEC X’s extensive resources and global expertise to scale innovative technologies.
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