The semiconductor technology company will offer $120,000 in funding and additional support to around 10 robotics start-ups.

US-based semiconductor technology producer Qualcomm has launched the Qualcomm Robotics Accelerator to spur innovation in the areas of robotics and intelligent machinery.

Qualcomm will host around 10 robotics companies in a dedicated area at the company’s headquarters in San Diego for a four-month programme beginning in May in partnership with start-up accelerator Techstars.

Each company will receive $120,000 in funding and connections to investors, corporations, and experienced entrepreneurs. Qualcomm executives, including chief technology officer Matt Grob, are among the programme’s…