Startup Accelerator Betatron Increases Investment up to US$150K and Opens Applications for Cohort #5

betatron

Betatron recently announced that they’ll be investing up to US$150K into each startup for their next cohort which starts in September 2019. They’re aiming to invest in 8-12 startups with applications closing on 18th July.

Betatron will also be changing the program length – previous Cohorts lasted for four months, however, starting with Cohort #5, they will be condensing the same program into three months.

We spoke with Sam Ameen, Betatron’s Director of Marketing, to learn more about how the Hong Kong-based accelerator program has been evolving over the last couple of years.

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Betatron wraps up Cohort 3 featuring 10 startups

Betatron Cohort 3 Demo Day

Earlier this month on Thursday 2nd August 2018, Betatron held its Demo Day for the ten startups in cohort 3. The event was held at the Hong Kong Stock Exchange with a total of 675 people registering for the event. During the event, each startup delivered a five-minute pitch showcasing their business and the traction they’ve been generating.

Sam Ameen – Betatron’s Director of Marketing commented, “We’re delighted to see the traction our ten startups have generated since they started cohort 3. It’s not surprising to see a significant amount of investor interest shown already for each team. It’s been exciting to see the Betatron program improving each cohort, with more investors, mentors, and experienced entrepreneurs joining our network to provide hands-on guidance and support for our startups. The plans for the next few cohorts are already underway, with the vision to take Betatron to the next level to support the Greater Bay Area’s entrepreneurial ecosystem.”

The ten startups in cohort 3 are:

Hong Kong’s Betatron Launches Cohort 3 With Ten Startups

BetatronCohort3

On Thursday 10th May, Betatron held a launch event to introduce the ten new startups in cohort 3. The event was held at naked Hub (Bonham Circus, 40-44 Bonham Strand, Sheung Wan, Hong Kong).

Programme Director, Erika Cheung, also provided an update on the traction from cohort’s 1 and 2. The four startups in cohort 1 have raised US$1.2M while the seven startups in cohort 2 have raised a collective US$2.7M to date, with several of the startups still in the fundraising process.

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