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SigmaLabs Accelerator

Accelerator Israel Founded 2015
Last Update Oct 14, 2024

SigmaLabs Accelerator News

1 article
Nov 30, 2015 · www.globes.co.il
growth-positive
Yahoo! opens first startup accelerator globally in Israel
Yahoo has partnered with venture capital fund Entree Capital to open its first-ever startup accelerator in Israel. The accelerator, called SigmaLabs, will focus on early stage companies in the big data, video, fintech, and native advertising sectors. The program will begin in September and will be located in the Ramat Gan Diamond Exchange district. Yahoo does not invest in startups, so the partnership with Entree Capital brings valuable knowhow and experience. Other partners involved in the accelerator include Microsoft, EMC, Aleph VC fund, and lool Ventures. Graduate startups from the program are expected to contribute to subsequent classes and can choose to contribute equity back to the accelerator. Financial incentives, such as convertible notes, are also available to startups that meet certain criteria.
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