Hong Kong-headquartered startup accelerator-cum-VC firm, Betatron, has unveiled the nine startups participating in its sixth cohort.
These startups were selected from a total of 2,500 applications it received.
“Cohort 6 represents our most competitive portfolio to date with an acceptance rate of only 0.36 per cent. The investments reflect our focus on companies in the B2B markets who have validated their business model and are ready to scale in Asia,” said Matthias Knobloch, Managing Partner of Betatron.
Unlike other accelerators, Betatron provides an investment of US$500,000 each to the selected startup immediately after they join the programme. Further investments are done based on their valuations.
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During the first three weeks, companies go through an intensive Bootcamp, which involves introductions to mentors and networks who help them identify their scope in the next four months.
A spokesperson of the company told e27 that the accelerator is geographic-agnostic but primarily invests into companies that want to expand in Asia.
The nine startups attending this virtual programme are:
ShipsKart (Singapore, India)
A B2B e-commerce marketplace platform for the maritime industry.
Qwikwire (Philippines)
A cross-border payment solution for real estate brokers and property developers.
Phable Care (India)
Helps doctors provide personalised care to patients using AI/ML (machine learning) into one single platform. It digitises prescriptions, personalised health reminders and tracks vitals like blood pressure, etc.
Also Read: Hong Kong’s B2B accelerator Blueprint announces first batch
FreightBro (India)
Logistics startup that provides high-tech solutions to digitise cargo forwarding and shipping.
App4Legal (UAE)
Practice management software for legal practitioners.
Connected Analytics (Nigeria)
Helps businesses grow in Africa by utilising customer data.
SINAY (France)
Captures proprietary maritime data such as port arrival times and environmental indicators.
TakeTask (Poland)
Implements digital standards of procedures for the blue-collar workforces.
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Image Credit: Betatron
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