March 29, 2024

Web and Technology News

The Mint, started by Better Tomorrow Ventures, wants to be the accelerator fintech needs

Better Tomorrow Ventures’ Sheel Mohnot landed some of his biggest wins before he ever started a venture firm. The investor previously worked as a partner at 500, previously known as 500 Startups, where he raised and ran a dedicated fintech fund as well as helped build an accelerator. There he met his eventual founding partner […]

The Mint, started by Better Tomorrow Ventures, wants to be the accelerator fintech needs by Natasha Mascarenhas originally published on TechCrunch

mHub opens much bigger facility to kick Chicago startups into high gear

When mHub opened its doors in Chicago seven years ago, the vision was to create a traditional incubator for people making things. It would involve a prototyping lab, offices, shared workspaces, meeting rooms and classrooms. In those seven years, the accelerator says it has supported more than 500 startups, 200 manufacturers, been awarded around 450 […]

mHub opens much bigger facility to kick Chicago startups into high gear by Haje Jan Kamps originally published on TechCrunch

Betaworks’ new ‘camp’ aims to fund transformative early-stage AI startups

In a sign that the seed-stage AI segment is still alive and kicking, Betaworks, the startup studio and VC firm, is launching a new program that’ll award around ten companies working on AI $500,000 in funding. Scheduled to run from mid-June until mid-September, Betaworks’ program — the ninth of its kind — will provide startups […]

Betaworks’ new ‘camp’ aims to fund transformative early-stage AI startups by Kyle Wiggers originally published on TechCrunch

Iterative launches its second fund for Southeast Asia startups

Despite global headwinds, Southeast Asia’s early stage startups are still going strong, say the founders of Iterative Capital. The Singapore-based venture capital firm, which runs a YC-style accelerator program, announced today it has raised $55 million for its Fund II from LPs like Cendana, K5 Global, Village Global and Goodwater Capital. Other backers include a […]

Iterative launches its second fund for Southeast Asia startups by Catherine Shu originally published on TechCrunch

Say hello to the newest crypto startups from web3 accelerator Alliance DAO’s demo day

New crypto startups forged ahead during Alliance DAO’s demo day on Wednesday amid the FTX implosion and crypto market mayhem.

Say hello to the newest crypto startups from web3 accelerator Alliance DAO’s demo day by Jacquelyn Melinek originally published on TechCrunch

Station F turns its main startup program into an acceleration program

Station F, the iconic startup campus in Paris, is revamping its Founders Program completely to turn it into an acceleration program. Founders who decide to join the accelerator will get many different benefits. They’ll also have to hand out a 1% equity stake to Station F. “We are changing the flagship program of Station F. […]

Station F turns its main startup program into an acceleration program by Romain Dillet originally published on TechCrunch

On Deck cuts 25% of staff, scales back accelerator

On Deck, a tech company that connects founders to each other, capital and advice, has laid off 25% off its staff, per sources familiar with the company. The layoffs were announced today during an internal all hands meeting, and impacts about 72 people. Sources say that mostly operations and investing roles were impacted by layoffs. […]

Afore’s fresh $150 million fund includes a plan to standardize the pre-seed world

Venture firm Afore Capital first splashed on the scene with the aim to institutionalize that angels, friends, and family round. Now, after investing in over 80 companies over five years, the eight-person team has landed on a more specific way to do so: offer a standard deal, and raise what it claims is the largest […]

Pangea to unlock diaspora inflows as funding source for African startups

Norway’s Pangea Trust, through its equity crowdfunding platform Connect, is unlocking diaspora remittance inflows as a source of funding for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. And as annual inflows grow, Pangea’s country director […]

AWS launches new $30M accelerator program aimed at minority founders

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator, that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. The Amazon company claims that the three-year initiative will help recipients build successful businesses while “accelerating” growth in their respective markets. But critics contend that […]

AWS launches new $30M accelerator program aimed at minority founders

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator, that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. The Amazon company claims that the three-year initiative will help recipients build successful businesses while “accelerating” growth in their respective markets. But critics contend that […]

Demo days definitely amplify a brand, but not the one you’d think

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, in light of Y Combinator’s bi-annual demo day, Natasha and Alex asked about […]

Subak, which incubates data-for-climate not-for-profits, announces six startups in 2022 cohort

A UK-based incubator focused on non-profit startups that are addressing climate-related challenges through open-source data initiatives has announced the six startups which will be put through its 2022 program. Selected projects and platforms for the data-for-climate focused accelerator program include a startup trying to prevent rainforest deforestation in Africa; one that’s hoping to help websites […]

Ali Partovi has a new accelerator promising to connect founders with star engineers

Ali Partovi prides himself on the many relationships he has built throughout Silicon Valley as a highly successful entrepreneur and investor. For example, two years ago, Partovi launched a program through his nearly five-year-old networking organization and associated venture firm, Neo, wherein he connects computer engineering students he helps to vet to fast-growing companies like […]

Ali Partovi has a new accelerator promising to connect founders with star engineers

Ali Partovi prides himself on the many relationships he has built throughout Silicon Valley as a highly successful entrepreneur and investor. For example, two years ago, Partovi launched a program through his nearly five-year-old networking organization and associated venture firm, Neo, wherein he connects computer engineering students he helps to vet to fast-growing companies like […]