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The first seed accelerator was Y Combinator, started in Cambridge, Massachusetts, in 2005, and then later moved to Silicon Valley by Paul Graham. [3] It was followed by TechStars (in 2006), Seedcamp (in 2007), AngelPad (in 2010), Startupbootcamp (in 2010), Tech Wildcatters (in 2011), several accelerators of SOSV, Boomtown Boulder (in 2014) and Antler (in 2017).
The term seed suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding , and crowdfunding .
"Seed accelerators, also known as startup accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day." While traditional business incubators are typically government-funded, accelerators differ in that they can be either privately or publicly funded ...
Rainmaker has raised $6.3 million for its seed round, the company announced today. The group of investors include Long Journey Ventures, Day One Ventures, Tamarack Global, 1517 Fund, Starship VC ...
Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
Just how far can you go with an open R&D approach to drug development? Johnson & Johnson (NYS: JNJ) is stepping up with $3 million to seed a new program that intends to find out. J&J has set up a ...
The startup’s AI-powered platform handles everything from setup to ongoing updates. By personalizing customer engagement and streamlining maintenance, Reactiv aims to make mobile apps the go-to ...
Metropolitan Area Projects Plan (MAPS) is a multi-year, municipal capital improvement program, consisting of a number of projects, originally conceived in the 1990s in Oklahoma City by its then mayor Ron Norick. A MAPS program features several interrelated and defined capital projects, funded by a temporary sales tax (allowing projects to be ...
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