On Thursday 10th May, Betatron held a launch event to introduce the ten new startups in cohort 3. The event was held at naked Hub (Bonham Circus, 40-44 Bonham Strand, Sheung Wan, Hong Kong).
Programme Director, Erika Cheung, also provided an update on the traction from cohort’s 1 and 2. The four startups in cohort 1 have raised US$1.2M while the seven startups in cohort 2 have raised a collective US$2.7M to date, with several of the startups still in the fundraising process.
Each startup in Betatron will receive US$30,000 investment and will be guided through an intensive four-month period to refine their business model and fast-track them, grow, scale and raise their first institutional funding round. The startups are located at the Betatron Lab at naked Hub (Bonham Circus, 40-44 Bonham Strand, Sheung Wan, Hong Kong) and have been provided free office space for the duration of the four-month programme.
Click here to learn more about the ten startups accepted.
