
SparkLabs Accelerator
Description
SparkLabs Accelerator, headquartered in Seoul, South Korea, stands as a leading early-stage startup accelerator renowned for its intensive 3-month program. Established to foster innovation and growth within the vibrant Asian startup ecosystem, SparkLabs provides participating companies with a comprehensive suite of resources, including seed funding, dedicated mentorship from experienced entrepreneurs and industry leaders, and access to a vast global network. Its structured approach aims to rapidly accelerate the development and market readiness of promising startups.
A cornerstone of SparkLabs Accelerator's offering is its initial seed investment. Typically, the accelerator provides a first cheque of $50,000 in exchange for a 6% equity stake in the participating startup. Beyond this crucial early capital, the program emphasizes hands-on guidance, connecting founders with a diverse group of mentors who offer strategic advice across various business functions, from product development and marketing to fundraising and international expansion. Startups also benefit from co-working space and significant exposure through their highly anticipated Demo Days.
Since its inception, SparkLabs Accelerator has played a pivotal role in nurturing the next generation of tech companies, not only in South Korea but also across its expanding global footprint. The accelerator boasts an impressive portfolio, having supported and graduated over 300 companies through its various programs and vertical-specific initiatives, such as FinTech, IoT, and AgriTech. This extensive network and track record underscore its commitment to identifying high-potential ventures and equipping them with the tools necessary for sustainable growth and success in competitive global markets.
SparkLabs Accelerator's model is designed to be a launchpad for early-stage companies, preparing them for subsequent funding rounds and market entry. Its strong ties to the venture capital community and its reputation for cultivating robust startups make it a highly sought-after program for aspiring entrepreneurs. The accelerator continues to be a significant force in shaping the startup landscape, providing a critical bridge between innovative ideas and market realization.
Investor Profile
SparkLabs Accelerator has backed more than 22 startups, with 7 new investments in the last 12 months alone. The firm has led 6 rounds, about 27% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Non Equity Assistance rounds (top funding stages).
- Majority of deals are located in South Korea, United States, Switzerland.
- Strong thematic focus on Artificial Intelligence (AI), Software, Sensor.
- Led 4 rounds in the past year.
- Typical check size: $50K.
Stage Focus
- Seed (73%)
- Series A (9%)
- Non Equity Assistance (5%)
- Pre Seed (5%)
- Undisclosed (5%)
- Series Unknown (5%)
Country Focus
- South Korea (50%)
- United States (41%)
- Switzerland (5%)
- Singapore (5%)
Industry Focus
- Artificial Intelligence (Ai)
- Software
- Sensor
- E-commerce
- Biotechnology
- Health Care
- Fashion
- Retail
- Construction
- Internet Of Things
Frequently Asked Questions
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