StartersHub shared the last 2018 statistics with new partnerships, global acceleration programs and continuation investments.
StartersHub shared the last 2018 statistics with new partnerships, global acceleration programs and continuation investments.
This year, StartersHub made a total investment of 720 thousand dollars in 19 initiatives within the scope of the three main acceleration programs listed as 3S Landing Pad, StartersHub XO and Gamer’s Qube, and also made a continuation investment of 450 thousand dollars in six separate initiatives that participated in the program in previous years. StartersHub, which has invested over $ 3 million in technology startups since its establishment in 2015, has also supported startups participating in acceleration programs to raise over $ 16 million in total.
An investment of 480 thousand dollars with 3S Landing Pad
StartersHub, which organized the 3S Landing Pad program for global-scale growth initiatives for the first time this year, offered 12 startups the opportunity to work in San Francisco for six months. StartersHub, which invested a total of 480 thousand dollars in startups participating in the 3S Landing Pad program, invested a total of 100 thousand dollars in five startups in the StartersHub XO 2018 program organized by Turkish Airlines, Unilever and B / S / H / business partnership this year. As part of Gamer’s Qube, Midpoly and Flat Games managed to receive a total investment of 140 thousand dollars from StartersHub.
3S Landing Pad, initiated by StartersHub as a scaling program, brought together 12 initiatives that started to generate income in different countries of the world and wanted to open to the global market in San Francisco for a six-month study. Teleporter VR, Buck.ai, Wisboo, Smart Mimic, Codela, Optiyol, Cabture, Verismart, Sensfix, Publicfast, Kuan and Kompass, while these initiatives received a total investment of 480 thousand dollars, continued investment up to 250 thousand dollars for teams that successfully completed the program and grew. announced that it will be done.
Initiatives accepted to StartersHub XO 2018
Initiatives accepted to the StartersHub XO 2018 program were listed as Seyisco, Quant Co, Magintech, Proente and Reminis. Thanks to the face recognition algorithm it has developed, Reminis enables individuals to obtain photos taken without even being aware of it. The team completed the ITU BigBang Challenge in the first place and received a total of 771 thousand TL in grants and investments.
Proente makes factories smart and efficient with Industry 4.0 solutions by producing IoT devices. Proente’s customer portfolio includes prominent companies such as ABB and Filli Boya. Seyisco develops smart management technologies for municipalities. By detecting the potholes on the road with the devices they install under the vehicles, it enables the municipalities to correct the error as soon as possible. Bağcılar, Çankaya and Keçiören Municipalities are among the municipalities that Seyisco has worked with so far.
Quant Co offers analytical solutions to the energy industry with artificial intelligence algorithms. The team will introduce its product to the world at the Hello Tomorrow Global Summit, which will take place in Paris on March 14-15. Magintech, the last team that joined StartersHub with the StartersHub XO program, aims to increase productivity in call centers and minimize dependence on people by performing language analysis with the artificial intelligence technology it has developed.
Investments continued for former StartersHub XO teams
The Onlock, NKolayOfis, Eyedius, Kimola, Ottoo and Paym.es teams, which have participated in the StartersHub XO program in previous years, received a total of $ 450,000 on-going investment from StartersHub in 2018. Portfolio companies that open to the US market continue to grow. While the zeppelin exceeds more than 1 million users, Ukraine-based Sixa is taking firm steps towards success in the global market by exceeding the monthly turnover threshold of 1 million dollars. Monument, which received one of the largest funding through Kickstarter, went on sale at Walmart, the largest retail chain in the USA, as well as BestBuy and Amazon. XO running of the Turkey-based Poltio team has completed the US initiative. Teleporter VR, one of the successful teams of the 3S Landing Pad program, has collected over 3 million TL in total before the end of the program.
StartersHub continued to set the agenda of the entrepreneurship ecosystem with the events it organized throughout 2018. Held monthly under the roof of the company, Hubbing Wednesday events brought together the entrepreneurship ecosystem with inspiring speeches from opinion leaders of the entrepreneurship world.
StartersHub collaborations in 2018
The exciting atmosphere of the StartersHub office was instrumental in the sectoral giants to hold their own events under this roof. Microsoft, one of the StartersHub partners, has chosen the StartersHub office for its series of workshops for cloud service Azure. On the other hand, hackathon activities that enable software developers to develop themselves by having fun gained momentum with Game Jam and Mercedes-Benz Türk hackathon organized in cooperation with Netmarble. Corporate companies such as EY