Samsung Strategy and Innovation Center

Samsung Strategy and Innovation Center (SSIC) is a division of Samsung Electronics located in the United States, specifically in Silicon Valley, with additional offices in Korea, Israel, and the U.K. SSIC is dedicated to identifying and nurturing emerging technologies in areas such as mobile health and wellness, data center/cloud computing, the Internet of Things, human-computer interface technologies, and privacy/security. Its mission is to develop and accelerate innovative technologies through open collaboration with entrepreneurs and strategic partners. By focusing on groundbreaking advancements, SSIC aims to enhance people's lives and create new opportunities.

Shankar Chandran

Vice President, Catalyst Fund

6 past transactions

Graphcore

Series A in 2016
Graphcore is a hardware systems company that develops intelligent processing units to accelerate machine learning. It designs IPUs and offers IPU-Accelerator cards that plug into servers to accelerate training and inference, and IPU-Appliance products that deliver higher performance for inference and training workloads. Founded in 2016 and headquartered in Bristol, United Kingdom, the company maintains additional locations in Palo Alto, London, Oslo, and Beijing. Its IPU architecture enables running current machine learning models orders of magnitude faster across various servers and processors, supporting a range of AI workloads.

Afero

Series A in 2016
Afero, Inc. is a technology company specializing in Internet of Things (IoT) solutions, providing a Platform-as-a-Service that facilitates the development and deployment of connected devices. Established in 2014 and headquartered in Los Altos, California, Afero offers a comprehensive platform that includes a secure Bluetooth Smart module, scalable cloud services, and various development tools. This architecture allows entrepreneurs and companies to quickly prototype connected devices across multiple industries, including consumer electronics, healthcare, and home automation. Afero's platform enables users to effectively access, control, and manage their devices, promoting seamless communication and interaction between them. By leveraging its technology, Afero enhances the ability of businesses to utilize connected devices for improved operational efficiencies and meaningful analytics, thus transforming how connected technologies integrate into everyday processes.

Sentiance

Seed Round in 2015
Sentiance is a data science company specializing in motion insights derived from IoT sensor data. It develops advanced technology that transforms motion data into contextual insights, enabling better understanding of individual behavior and real-time contexts. Sentiance serves various sectors, including motor insurance, ride-hailing, delivery services, automotive OEMs, and transport authorities. By employing on-device AI and behavioral change techniques, the company personalizes engagement strategies aimed at enhancing safety and sustainability in mobility. This innovative approach helps clients reduce accidents, improve claims handling, boost customer engagement and acquisition, enhance loss ratios, and implement tailored driver safety programs.

Ineda Systems

Series B in 2014
Ineda Systems Inc. is a manufacturer and distributor of low-power system-on-chip (SoC) solutions, focusing on improving power consumption for wearable and Internet-of-Things (IoT) devices. Established in 2010 and headquartered in Santa Clara, California, with an additional office in Hyderabad, India, the company employs a hierarchical computing architecture that allows multiple CPUs to operate independently while sharing resources. This architecture enhances contextual computing, enabling devices to remain in an always-on state and optimally utilize CPUs, peripherals, accelerators, and memory based on specific applications. Ineda's products are designed for various sectors, including automotive, healthcare, fitness, and smart infrastructure, supporting applications such as traffic sign recognition, adaptive cruise control, and telehealth solutions. The company distributes its offerings through a network of partners across the United States, India, Taiwan, China, Korea, and Japan, positioning itself as a leader in low-power SoC development for both consumer and enterprise markets.

Keyssa

Series C in 2014
Keyssa, Inc., established in 2009 and headquartered in Campbell, California, specializes in developing and manufacturing contactless connectors and wireless semiconductors. Utilizing millimeter-wave technology, the company's flagship product, Kiss Connectivity, enables secure, instantaneous, and high-speed data transfer between devices in close proximity. This tiny, solid-state system eliminates the need for traditional metal connectors, cables, and wireless networks, offering a protocol-agnostic, EHF transmission solution. Keyssa's products cater to a wide range of industries, including mobile phones, displays, automotive, robotic surgery, factory automation, and data centers. The company aims to simplify and enhance device-to-device data flow, freeing product designers and consumers from conventional connectivity constraints.

Ineda Systems

Series B in 2014
Ineda Systems Inc. is a manufacturer and distributor of low-power system-on-chip (SoC) solutions, focusing on improving power consumption for wearable and Internet-of-Things (IoT) devices. Established in 2010 and headquartered in Santa Clara, California, with an additional office in Hyderabad, India, the company employs a hierarchical computing architecture that allows multiple CPUs to operate independently while sharing resources. This architecture enhances contextual computing, enabling devices to remain in an always-on state and optimally utilize CPUs, peripherals, accelerators, and memory based on specific applications. Ineda's products are designed for various sectors, including automotive, healthcare, fitness, and smart infrastructure, supporting applications such as traffic sign recognition, adaptive cruise control, and telehealth solutions. The company distributes its offerings through a network of partners across the United States, India, Taiwan, China, Korea, and Japan, positioning itself as a leader in low-power SoC development for both consumer and enterprise markets.
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