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Startup accelerator A-Labs launches $10M Web3 fund in PH

AsiaTechDaily

Register Startup accelerator Archipelago Labs (A-Labs) has launched a $10 million Web3 fund to invest and accelerate the growth of the most promising startups and talents in the Philippines ’ Web3 ecosystem. Backed by reputable partners from the Philippine Digital Asset Exchange (PDAX), Oak Drive Ventures Inc.,

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Gener8tor is the biggest startup accelerator you’ve never heard of…

TechCrunch

One of the ways that those pots of cash are being invested is through venture capital, which means the money flows to the coasts — New York, Boston, Silicon Valley. We spoke with the Gener8tor founders about why they are passionate about thinking about the startup ecosystem a little differently.

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Aventurine helps early-stage founders find their footing

TechCrunch

“There’s a ton of stuff that really could be impacting the lives of everybody on Earth, that is not making it out of the lab and into practical application,” said David Van Wie, founder and chief investment officer at Aventurine Capital Group.

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Techstars Launches Accelerator Program in Japan with Mitsui Fudosan and JETRO

AsiaTechDaily

Techstars Tokyo builds upon the organization’s ecosystem development initiatives, which have historically supported entrepreneurs in their early stages through programs like Founder Catalyst and Startup Weekend. Mitsui Fudosan, through its venture arm 31VENTURES, is actively engaged in promoting startup innovation globally.

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Startup accelerators’ definition of ‘value add’ is due for a refresh

TechCrunch

Even to outsiders, the inner workings of startup accelerators has become familiar: pumped up on camaraderie and energy drinks, scrappy founders do product demos onstage before a room full of buzzy journalists and investors.

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AC Ventures reaches first close of a $250M fund for Southeast Asian startups

TechCrunch

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds.

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Microsoft partners with VCs, accelerators to back 10,000 startups in Africa

TechCrunch

Microsoft has today announced plans to support 10,000 startups in Africa over the next five years through a series of initiatives including partnerships with accelerators and incubators across the continent. Microsoft said that it is already working with Banque Misr, Global Venture Capital and Get Funded Capital.