DIU Startup Showcase: Uptake Brings AI into the Motor Pool
Please join the Defense Innovation Unit for an intimate discussion with an innovative Artificial Intelligence startup that received $1 million in non-dilutive capital to bring its predictive maintenance tech into the Department of Defense. This is the first in a series that showcases startups that have worked with DIU to solve national security challenges.
Uptake is a SaaS startup that uses machine learning to read and understand how machines are working and anticipate when they may break down or need other attention. It closed a Series D round in 2017 with a valuation of over $2 billion – but had no Federal/Defense work until the Defense Innovation Unit offered a different way to work with the Federal Government.
Learn from Uptake about what it’s like to grow an AI startup while working with the Government as a design partner to solve national security challenges. We also expect participation from the Army Program Office working with Uptake to truly bring Artificial Intelligence into the motor pool.
You’ll also learn more about how the Defense Innovation Unit has made is possible for startups with the best technology to tackle the toughest national security challenges. Network with like-minded entrepreneurs, technologists, community leaders, and government representatives as we build the National Security Innovation Base together.
Addtionally, we’ll introduce the Texas Defense Innovation Forum (TDIF), a non-profit organization supporting the US science and technology ecosystem through information exchange, knowledge distribution, community organization and effective networking. TDIF will provide a platform for everyone from small companies and entrepreneurs to large defense contractors to identify and understand defense-related challenges, to collaborate in order to deliver complex solutions, and to find assistance in doing business with DoD customers and stakeholders.
Franklin BBQ, drinks, and 3D-printed robots will be provided by Capital Factory.
5:00pm – Doors Open & Networking
5:45pm – Opening Remarks
6:00pm – Panel Discussion with Uptake, Army, and DIU
7:00pm – Q&A & Networking
Please go here for more information about parking at Capital Factory.
The Defense Innovation Unit (DIU) is an entity within the Department of Defense charged with accelerating and streamlining the process by which commercial technology is sourced and integrated across the military. Since 2016, DIU has provided almost $300 million in non-dilutive capital to solve national defense problems and help build a strong National Security Innovation Base (NSIB).
Uptake is a leading provider of artificial intelligence and IoT software for industrial companies. We combine data analytics and machine learning with deep industry knowledge to create valuable outcomes like increased reliability, productivity and safety. Headquartered in Chicago with locations in Silicon Valley, Washington D.C., Toronto and Dubai, Uptake is used by global industrial customers of all sizes to leverage data, creating newfound efficiencies and competitive advantages. Learn more at www.uptake.com.
The Texas Defense Innovation Forum (TDIF) is a non-profit organization providing a curated community of practice to the Texas defense innovation enterprise through education, outreach, networking, and business development opportunities. TDIF enables its membership to solve complex National Security problems while maximizing economic opportunity for Texas businesses.