By Sam Ameen | Betatron invests in promising startups, refines their business models and fast-tracks them to grow and scale over an intensive four-month period. Based in Hong Kong, Betatron is a network of investors, entrepreneurs, startups and mentors focused on empowering Founders.
Through its platform, Betatron provides funding, hands-on support, and unprecedented network access to drive business outcomes. Startups are then positioned and guided to raise their first institutional funding round.
After just one year of exceptional growth, Betatron is positioned strongly to be the most active and effective early-stage investor in Hong Kong. It is a unique model whereby the Founding Partners – IC Studio, MindWorks Ventures, Vectr Ventures, CoCoon Ignite Ventures, The Aria Group, and Incu-Lab – are not just investors, but inherently involved with the program and startups.
Since Cohort 1 launched in March 2017, Betatron has raised funding from 21 investors and has invested in 11 startups across their two cohorts. After joining the Betatron program, their startups have raised a total of US$2.4 million of further funding, with almost two-thirds of the capital coming from Betatron’s founding partners.
Nio Liyanage (who became Director of Betatron in Sep 2017) is delighted with the progress and excited about the future potential and commented, “We’re proud to have had such an impact on the startup ecosystem in just our first year. Cohort 2 saw strong startups developing significantly over the program, which is our key objective. This, and the runaway success of Demo Day on January 25, is a testament to our determination to keep improving, the exceptional quality of our startups, and the overwhelming support of the community”.
With a quantum leap in capability over the last few months, Betatron is now the most comprehensive acceleration program available. With aggressive growth in the pipeline, it is fast becoming Hong Kong’s premier option for early stage startups and investors.
Applications for Betatron’s Cohort 3 close on March 1st, with the program launching on April 2nd. Betatron will be investing in up to 10 startups, with each receiving US$30,000 in funding. | Betatron.co
About the Author Sam Ameen is the Director of Marketing of Betatron and is passionate about helping startups scale online using the latest growth-hacking and user acquisition strategies. Sam is also a contributor to Forbes and regularly shares his thoughts on the startup and investment world in Asia