RunML: Tailored computing solutions with hardware accelerated system for Artificial Intelligence and Machine Learning

Machine Learning (ML) and Artificial Intelligence (AI) are becoming omnipresent with their use in almost all fields. The AI market is estimated to be valued at €2.446,4B by 2032. However, today’s computing systems are still not optimized for AI applications. AI/ML computations are not streamlined, the algorithms are overly complex and not optimized for precision. Therefore, AI applications are expensive to run, and have a High energy footprint. By 2027, AI servers will need 0,5% of the world's electricity.

At INCEPTRON, we have built RunML, a breakthrough system to provide hardware acceleration for AI/ML applications. Our transparent, scalable solution is a pioneer on the market that provides a tailor-made combination of programmability, flexibility, and performance for each customer. Our platform uses Field-Programmable Gate Arrays (FPGAs) available in public clouds, and automatically programs them tailored to the users’ needs to provide up to 100x Faster Inference Performance, 50% Lower Cloud Cost and 66% Less Energy Consumption than current industry standard. With RunML, Inceptron is poised to be a market leader in delivering customized AI solutions with strong IP portfolio (2 pending patent applications, 3-4 in process).

We need EIC Accelerator funding to facilitate technology maturation and validation for RunML. This funding will allow us to automate manual processes in our workflow accelerating scale-up. We will also validate our system with pilot partners (Axis) and expand our team from 12 to 48 FTEs, before entering the market in Q2 2027. Financial forecasts project break-even for 2027 with a yearly revenue of € 98,8 M by 2030. The failure to secure this funding would result in a 1,5-2-year delay in the implementation of our go-to-market plan and will cost INCEPTRON its first mover advantage. Therefore, we request a €2.47M EIC Grant and €1.2M Equity to bring our first of its kind, environment friendly, affordable tailored AI solution to the market.