Four Singapore startups to join international VC accelerator program

The startups beat out 500 other aspirants, and will receive up to $200k in funding each.

Four Singapore-headquartered startups have entered international accelerator venture capitalist Accelerating Asia’s fourth cohort of its flagship 100-day program for pre-Series A startups.

The startups who entered the program are co-living operator Casa Mia, mobility startup Driver Lah, dating app KopiDate, and QR ordering & payments platform Waitrr, along with other startups from Indonesia, Pakistan and Bangladesh making up a total of 11 on Accelerating Asia's fourth cohort.

“We’ve selected Cohort Four from 500 startups from 30 countries, a record number of applications for us that shows the demand for a Singapore based accelerator with an international footprint. With just 2% of startups selected, the chosen 11 will be part of our largest cohort and are eligible to receive up to $200,000 in investment from our VC fund,” said Accelerating Asia’s co-founder and general partner Amra Naidoo.

The 11 startups have raised over $6m coming into the programme, bringing the total capital raised by Accelerating Asia’s startups to over $30m, with 70% of investment raised since joining the Accelerating Asia portfolio.

In just one month since the fourth cohort began, the startups had already increased monthly revenue by 25%, up from an average of $45,000 when they joined Accelerating Asia to $56,000. The 11 startups current growth rate has also doubled since joining Accelerating Asia, with startups averaging 30% MoM growth up from 16% at the start of the programme.

The fourth cohort’s programme will culminate in an online Demo Day on 17 June 2021.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia