Accelerator Academy announces latest digital start-up participants
Internet-connected headphone company and freelance art teacher platform among 10 companies selected
Leading tech start-up accelerator programme Accelerator Academy today announced the 10 UK companies selected to participate in its latest semester.
The successful applicants for the 12-week programme include digital receipt app Recibo, which aims to provide an eco-friendly alternative to paper receipts, internet-connected ‘smart headphone’ company Audiowings and Cypsel, a peer-to-peer exchange for freelance art teachers to connect with students.
Now entering its sixth semester, the Accelerator Academy aims to support high growth early stage companies in the tech sector with a 150-hour intensive programme of mentoring, training and access to seed capital.
The programme has supported 47 start-ups to date and claims a 71% success rate for its alumni raising subsequent equity.
Based at the Innovation Warehouse in Farringdon, London, it is supported by the City of London Corporation, backed by investment firm White Horse Capital and sponsored by private sector firms firms including NatWest and haysmacintyre.
Selected from a pool of more than 100 applicants, the successful companies were:
- Better than Paper
- Marca ME
- The Food Market
- WIDE IO
Ian Merricks, founder of Accelerator Academy and managing partner at White Horse Capital, said: “We had a record number of submissions from start-ups vying for a place at the Academy for the sixth semester, which is obviously fantastic to see.
“Not just to reinforce our stance and principles at Accelerator Academy, but also in a wider aspect, with so many people creating, developing and building really innovative businesses.
“For the 10 successful companies, their journey is just beginning and we’re really looking forward to seeing how they approach the different challenges ahead and absorb all they can from their mentors.”