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Bentley Systems, Incorporated announced the launch of iTwin Activate, a 20 week co-development program designed to accelerate early-stage startups in infrastructure engineering software. The program, which is organized in cohorts aligned to industry sectors, is managed by Bentley iTwin Ventures, a $100 
million corporate venture capital fund that fosters innovation by co-investing in startups and emerging companies.
The iTwin Activate program supports startups in scoping and building industry relevant solutions by leveraging or interoperating with Bentley technology through program and co-development funding, solutions architecture support, and access to Bentley executives for commercial insights.
iTwin Activate Cohort #1 – Grid supported four startups: Spatial Data.AI, Virtual Technology Simplified, Rebase Energy, and SurPlus Maps.
Spatial Data AI’s solution automates the processing of LiDAR data from point clouds into ready-to-use vector formats, including SPIDAcalc models and various other CAD formats. This project focused on building a connector to Bentley’s pole analysis solution (SPIDAcalc).
Virtual Technology Simplified (VTS) enables tablet and phone data capture of utility assets and developed a data mobility and visualization solution on the iTwin Platform.
iTwin Activate Cohort #2 will focus on solutions for Infrastructure Internet of Things (IIoT) use cases and is open for all interested parties to apply.
If you are a team building infrastructure IoT solutions and would like to be considered for participation in the iTwin Activate Cohort #2, we encourage you to apply at https://bentleyitwinventures.com/itwinactivate/. Applications will be open through June 16, 2023, and we anticipate notifying participants of their application status by June 23, 2023. We expect to announce iTwin Activate Cohort #3, focusing on generative artificial intelligence for infrastructure use cases, in summer of 2023.