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500 Startups announces latest batch of accelerator companies

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500 Startups plans to announce Tuesday that it’s picked the 28 companies (about the same number that launched last summer) that will make up its newest class for the summer of 2013. The group got started in mid-April, and will have July demo days in Mountain View, San Francisco, and New York.

Dave McClure’s incubator launched back in February 2011 after 500 Startups had already invested in about 100 companies, and the group is set to hit its namesake number of investments this year, between the incubator and outside companies. This summer group will be the sixth batch of companies to go through the incubator.

The full list of the 28 companies can be found on AngelList, which is now required for companies applying to the program, beginning on Tuesday.

Apart from the list of companies, here are a few facts about the latest bunch:

  • Eight of the 28 companies, or about 28 percent, has a female co-founder, and two of those women are CTOs for their companies.
  • Two-thirds of the companies, or 20 of the 28, are international, continuing a longstanding 500 Startups penchant for investing overseas. The companies come from a variety of countries including Brazil, Chile, China, Ghana, India, Israel, Japan, Jordan, Mexico, Spain, Switzerland, Taiwan, Ukraine, and Vietnam. 500 Startups recently added a partner in China.
  • One of the companies called Dropifi is the group’s first investment in an African companies, and two of them, Dakwak and Tamatem, are the first Middle Eastern accelerator companies.

Our coverage of the fifth batch that launched in February can be found here, and we’ll be covering the demo day for this batch in July.

2 Responses to “500 Startups announces latest batch of accelerator companies”

  1. Craig Watson

    Great to see such diversity in the portfolio this time around. 500 Startups are certainly positioning themselves in a nice competitive niche by accepting so many international start-ups. As far as I’m aware, no can touch their geographic reach at the moment. This should lead to a huge upside as developing world entities grow from strength to strength (and without the higher costs that can stunt US based start-ups).