
dotforge
Description
Dotforge was a prominent UK-based startup accelerator, primarily operating out of Manchester, with specific programs also run in Sheffield. Established around 2013, it aimed to foster early-stage digital businesses through intensive, mentor-led programs. The accelerator was known for its structured approach, providing foundational support and initial capital to promising ventures in the burgeoning Northern tech ecosystem.
The core of Dotforge's offering was its intensive 13-week accelerator program. This program provided participating startups with access to a network of experienced mentors, workshops, and co-working space, designed to rapidly develop their business models and products. Dotforge ran specialized cohorts, including Dotforge Impact, focusing on social enterprises, and Dotforge Health, dedicated to health technology innovations, demonstrating a commitment to specific high-growth and high-impact sectors.
Dotforge's investment strategy centered on providing pre-seed or seed-stage capital to companies accepted into its accelerator cohorts. Typically, the accelerator offered an initial investment of approximately £15,000 (around $22,500 USD, based on historical exchange rates) in exchange for a fixed equity stake, often around 6%. This standardized deal structure aimed to streamline the funding process for nascent startups, enabling them to focus on product development and market validation during the program duration.
While Dotforge played a role in the early UK tech ecosystem, particularly in the North, its active investment and accelerator operations appear to have ceased around 2016. As such, it is no longer an active investor making new first cheques.
Investor Profile
dotforge has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 10 rounds, about 50% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in United Kingdom, Zambia, United States.
- Strong thematic focus on Software, Financial Services, Health Care.
- Typical check size: $22.5K.
Stage Focus
- Seed (80%)
- Pre Seed (10%)
- Series Unknown (5%)
- Debt Financing (5%)
Country Focus
- United Kingdom (70%)
- Zambia (5%)
- United States (5%)
- South Korea (5%)
- Norway (5%)
- Spain (5%)
- Ireland (5%)
Industry Focus
- Software
- Financial Services
- Health Care
- Apps
- Fintech
- Artificial Intelligence (Ai)
- Machine Learning
- Soccer
- Sports
- Banking
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