ST. LOUIS — Capital Innovators on Thursday unveiled a group of startups that will participate in the firm’s twentieth accelerator program, which will take place this fall.
Twice a year, the accelerator program provides a group of startups with 12 weeks of mentoring and co-working space in the Cortex Innovation Community. Each startup receives $50,000 in seed funding.
Two of the six startups are local to St. Louis, two are from New York City and two are international.
Capital Innovators also on Thursday announced a new product called “Startup Sourcing.” The product connects mid-market and enterprise companies with pre-vetted startups around the world that can help with specific problems.
Capital Innovators has deployed over $12 million to startups since 2011, the firm said Thursday. These companies have gone on to raise more than $330 million in follow-on funding.
- AdStash, of Toronto, helps businesses monetize digital advertisements.
- Kwema, of Mexico City, offers wearable devices that connect people in physical danger with immediate help.
- NATIVE AgTech, a New York City-based company, provides cloud-based technology for the agriculture industry. Its machine learning engine forecasts crop yields, qualities and market values.
- Outside 360, a St. Louis-based company, helps outdoor enthusiasts connect with adventure providers and recreation opportunities. It is like Airbnb, but for the outdoor market.
- Round2, of New York City, offers a mobile app that helps athletes find affordable gear.
- SpenDebt, of St. Louis, helps consumers to pay off debt through micropayments. The company, which was started in Texas, received an ArchGrant last year.
Daily updates on the latest news in the St. Louis business community.