ACCEL'S ATOMS 3.0 ACCELERATES 8 AI STARTUPS

Venture capital major Accel has selected eight startups with specialised solutions in AI and Industry 5.0 for 'Atoms 3.0', its six-month accelerator programme that handholds and nurtures ventures to give them more firepower to unlock growth and collaboration opportunities.

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Atoms 3.0 offers up to USD 500,000 in funding, access to more than USD 5 million in perks, personalised mentorship, and a vibrant founder community network, the global venture fund that counts Flipkart, Cure.fit, Ninjacart, Swiggy and BookMyShow among its portfolio companies said.

Atoms 3.0 mentors exceptional pre-seed startups dedicated to advances in cutting-edge domains such as Artificial Intelligence and Industry 5.0 (new-age model that refers to humans working alongside smart machines).

"The shift to a thematic programme design for Atoms 3.0 has enabled us to provide deeper, sector-focused mentorship for the startups. Atoms has always restricted itself to smaller cohort sizes to stay hyper-focused on the needs of a smaller group of exceptional founders," said Prayank Swaroop, a partner at Accel.