Seedcamp comes to Asia
Seedcamp, the seed fund and startup pitching event from Europe, is doing their first event in Asia in Singapore on 5 Oct.
The event will see 20 Singapore startups do five-minute pitches, with panels and one-on-ones with mentors thrown in. The event is billed Mini Seedcamp Singapore.
“We chose Singapore because we have some existing network and connections there. Also, it is a regional hub for entrepreneurial activity – one that also looks beyond its borders and is an influence to the whole region,” said Philipp Moehring, an associate at Seedcamp.
Moehring said the mentors and participating startups for Mini Seedcamp Singapore haven’t been decided yet.
“The applications (from startups) that are already in paint a promising picture,” Moehring said.
Startups that take part in Mini Seedcamp events may receive investment from Seedcamp or be invited to go to the annual Seedcamp Week in London. Five out of the 20 startups at Seedcamp Week get an investment of up to 50,000 Euros (US$63,500) in exchange for 8-10% of the company.
Startups who have taken part in Seedcamp events have gone on to receive funding from noted VCs like Union Square Ventures and Eden Ventures.
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