After much anticipation, it has arrived! Betatron announced the startups who have successfully accepted into their first cohort. Four startups made it through the entire process and have just kickstarted the programme.
Betatron received 147 official applications and shortlisted their top 32 after analysing each one in depth. The top 32 were proceeded to the ‘pitch round’- where they had to pitch their startup in under 3 minutes and then face Q&A from the Betatron team.
The team narrowed them into the final 10 after the pitches were over. The team believed that they were the most suitable, and that they could add the most value to, through the Betatron programme.
The last round entailed in depth discussions, analysis, and due diligence of their startup. And finally, the four startups made it through and are now officially a part of the first cohort!
What They Do: Off Menu gives members exclusive access to secret dishes and drinks at Hong Kong's most popular bars and restaurants.
Founders: Cassie Mak and Shane Cole
What They Do: Pakpobox Hong Kong was founded in November 2014 as an innovative 24/7 parcel lockers network to connect merchants, couriers and consumers. So far, they have installed 62 lockers in Hong Kong and have launched pilot projects in Taiwan and Malaysia.
They have been profitable since 2015, generating significant traction and revenue. The company’s mission is to enhance the delivery of parcels, laundry, groceries and food, by making the process more efficient and hassle-free.
Pakpobox’s goal is to install 500 lockers in Hong Kong by 2020 and to continue to expand their presence in the Asia Pacific region.
Founders: Sheldon Li and Eric Choi
What They Do: 36Link is a one stop solution to digitalize and connect the fragmented B2B trucking & logistics industry. As a one stop solution, 36Link offers the shippers, the trucking companies and their drivers an open platform to run their business, look for new customers, and track their metrics.
What is the benefit of using 36Link? With one subscription fee, users can get a Truck Management System, a mobile app, a tailor-made company profile and the access to 36Link marketplace all at once.
36Link hope to improve the efficiency and service levels of the trucking industry in Hong Kong and China, and further extend to APAC and Worldwide markets in the next phase.
Founders: Felix Wong, LiChen, and Dick Wong
What They Do: Vmind is a queue & reservation management app and online marketplace for services.
Merchants are empowered with scheduling and CRM tools to manage reservations, queueing, marketing and communication with their customers.
For customers, it’s a personal secretary app which helps them manage personal events, bookings, contacts with merchants, and provides a gateway to discover, interact with, book and queue for merchants' services.
Founders: Paul Chu and Lhimark Lau
Betatron is an intense four-month startup accelerator programme which provides funding and mentorship to help optimise and scale your startup.
Each startup will receive US$30,000 funding, hands-on mentorship from our team of industry experts and experienced entrepreneurs, and also be provided with free workspace at our Betatron Lab in WeWork (Tower 535, Causeway Bay).
The programme has been carefully designed to optimize each startup, and then position them to scale by raising further funding. The Betatron team have invested over US$100million and helped grow over 100 different startups.
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