MIT-Backed Startup Wins €1M for AI Hardware That Sees 20x Farther
Diffraqtion, a Boston-based startup with roots at the Massachusetts Institute of Technology (MIT), has won the prestigious Slush 100 competition in Helsinki. The company, founded by Greek entrepreneur Nikolaos Mavridis, secured €1 million in funding as a result of the victory. Its cutting-edge visual AI ace hardware promises to revolutionise how machines and satellites process images and data.
Diffraqtion specialises in advanced visual AI ace hardware that dramatically enhances imaging capabilities. Its technology allows smart cameras to see 20 times farther and process data 1,000 times faster than current leading systems. These improvements could transform fields like satellite imaging and machine vision.
With €1 million from the Slush 100 win and strong backing from DARPA, Diffraqtion is poised to expand its influence in AI-driven imaging. The company’s ace hardware is already set to play a key role in space exploration, starting with the Habitable Worlds Observatory. Its advancements could soon become standard in industries relying on high-speed, long-range visual data processing.
