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BERKELEY, Calif.–(BUSINESS WIRE)–Jan 18, 2023–
Berkeley SkyDeck, the worldwide hub for entrepreneurship and main accelerator, right this moment introduced that purposes are actually open for its sixteenth cohort, with a remaining deadline of February 17, 2023. Startups can apply here throughout quite a lot of specialised tracks akin to Bio, Aero-Astro, Blockchain/Crypto, Chip and extra. As well as, SkyDeck will proceed to search for and choose firms with important potential for additional enterprise capital funding throughout all industries. SkyDeck can be dedicated to elevating and choosing startups based and led by individuals of coloration, girls, and different underrepresented teams within the enterprise capital house.
“Regardless of financial headwinds, innovation by no means slows down, and the present financial circumstances imply that the sources supplied by Berkeley SkyDeck are extra essential than ever for startups seeking to take the subsequent steps of their journeys,” mentioned Caroline Winnett, Government Director of Berkeley SkyDeck. “We welcome each UC Berkeley and College of California associates, in addition to worldwide founders, to use for this batch and inform us about their moonshot options.”
The extremely selective and intensive Berkeley SkyDeck software course of leads to roughly 20 to 25 startups per cohort for the Berkeley SkyDeck program, and 10 startups for the SkyDeck Europe program, with a startup acceptance price of simply over 1.5%. Every Berkeley SkyDeck cohort firm receives $200,000 in funding, $750,000 price of free and discounted sources and entry to SkyDeck’s unsurpassed community of UC Berkeley alumni, school and advisors. SkyDeck Europe firms obtain €145,000, plus the identical entry to our sources and world-class community. Alumni of Berkeley SkyDeck have collectively raised greater than $1.7 billion and loved nice success of their respective industries.
“We’re assured there are sturdy startups with compelling founders who can profit from the huge sources that SkyDeck has to supply,” mentioned Chon Tang, Founding Companion, Berkeley SkyDeck Fund. “With our world attain, we’re capable of finding concepts and applied sciences which may in any other case go unnoticed by enterprise capital, and I’m trying ahead to seeing what we uncover with these candidates.”
The $60 million SkyDeck Fund II, which closed in March 2022, actively funds firms representing 30 separate nations thus far. Its portfolio at the moment consists of 160 firms. The SkyDeck Fund then shares half of all income with UC Berkeley, which proceed to gas the college’s mission of making tomorrow’s leaders by pushing the boundaries of and increasing entry to information.
Berkeley SkyDeck will host interviews between March 6 – April 7, 2023. The five-month program will run from Might by way of September 2023. Berkeley SkyDeck will host the cohort’s Demo Day for buyers on September 19, 2023. Demo Day for SkyDeck Europe will probably be in October 2023.
About Berkeley SkyDeck
Berkeley SkyDeck is a number one accelerator and the worldwide hub for entrepreneurship. As UC Berkeley’s largest and most distinguished accelerator, SkyDeck combines hands-on mentorship with the huge sources of its analysis college. SkyDeck is the one accelerator of its sort that gives the worth of a devoted funding fund alongside the sources and community of a high college. Up to now, SkyDeck startups have raised greater than $1.7 billion in combination. Collaborating startups have entry to SkyDeck’s 500 advisors and mentors, 70 trade companions, and a community of greater than 510,000 UC Berkeley alumni. For extra data, see skydeck.berkeley.edu.
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CONTACT: Songue PR for Berkeley SkyDeck
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: UNIVERSITY START-UP DATA MANAGEMENT ENTREPRENEUR EDUCATION TECHNOLOGY PROFESSIONAL SERVICES DEI (DIVERSITY, EQUITY AND INCLUSION) INTERNET CONSUMER HARDWARE
SOURCE: Berkeley SkyDeck
Copyright Enterprise Wire 2023.
PUB: 01/18/2023 04:31 PM/DISC: 01/18/2023 04:32 PM
Copyright Enterprise Wire 2023.
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