Semiconductor manufacturer Cree Inc. has rebranded its power and radio frequency division, which includes the former Arkansas Power Electronics International of Fayetteville, as Wolfspeed, the publicly traded company announced.
Promoting startups owned by women, minorities and military veterans is the aim of the 2.7.0 accelerator from Fayetteville's Startup Junkie that began its 14-week run on Tuesday.
Cree Inc., the LED and semiconductor manufacturer that purchased Arkansas Power Electronics International of Fayetteville in July, received $4.1 million contract from the U.S. Air Force.
Hayseed, which moved into the Old Post Office building on the downtown Fayetteville square, hopes to raise $6 million to help the next generation of Acumens. James said Hayseed has already partnered with four startups and is consulting a fifth.