10 tech start-ups chosen to join Accelerator Academy’s latest semester
Entrepreneurs to receive training and mentoring as part of 12-week incubator programme
London-based tech accelerator the Accelerator Academy has announced the latest cohort of digital and tech start-ups joining the seventh semester of its 12-week programme, which starts this week.
Chosen from a range of technology and tech-enabled sectors including e-commerce, marketing, health, and education, the 10 businesses will each receive “intensive” training and mentoring and will participate in an investor pitch day when the programme ends on April 2.
Backed by early stage venture firm White Horse Capital, the incubator has already helped to develop several businesses in its previous semesters, including car sharing specialist GoCarShare and online language service Fluentify.
It intends to build on its success to date with 75% of its alumni members having gone on to secure follow-on funding, raising average seed rounds of £300,000.
The 10 start-ups selected for the accelerator are:
- CornerDrop – allows any online retailer to offer a local drop and collect service for their products, with a simple plug-in or integration into their e-commerce platform
- MMV Sense Ltd – specialises in web and sensor technologies for the health and fitness markets providing an online health platform to B2B clients
- Frugl– developing an app to help people find affordable things to do in London via a set of dynamic on-line relationships with event promoters and ticketing agents
- Task Firm Ltd. – providing an on-demand service, offering UK-based assistants, operating across Sales, Finance, Marketing and Admin
- TroKoi – developing an innovative way to connect people in their neighbourhood using a compelling game experience
- Fresh4Cast – using proprietary algorithms, fresh4cast provides decision-ready reports about the total market volumes of fresh produce
- SaveSquared – providing a simple yet efficient battery charging solution which translates into an increased revenue for the service industry and a great advantage for the end users
- BioBean – an innovative green energy company with a patented process to convert waste coffee grounds into biomass pellets and biodiesel
- Pumid – developing interactive virtual presentation tools aimed at offering a more immersive online learning experience without having to purchase specific software or expensive equipment
- Bloom – developing alternative sources of seed funds and development cash, by harnessing social networks and the power of the Internet
Accelerator Academy founder and managing partner of White Horse Capital, Ian Merricks, commented: “It’s great to welcome our new members to the programme.
“This week the hard work begins, starting with sessions looking at each industry and defining the opportunities that lay within specific marketplaces. We don’t teach our entrepreneurs how to do things, but rather ways to do things better. It’s a model that seems to be working and we’re excited to put this semester’s start-ups through their paces.”