We are happy to introduce you our new infopartner, Lithuanian startup accelerator StartupHighway!
StartupHighway – Vilnius based accelerator – has grown since September 2011 when the first intake containing companies from all three Baltic nations was announced. Looking at the big picture Eastern European accelerator was upscaling with every batch: its first Demo Day in 2011 happened in Vilnius, 2012 – in Vilnius and London and this year it’s moving to two more places – Stockholm and San Francisco. Currently StartupHighway is accepting applications for the 3rd round with the deadline of 31 March!
StartupHighway remains 100% funded by Angel Investors – what is a challenge and a good sign for Startuphighway – first, accelerator has to proof its ability to bring results just before doing anything, second, it shows its traction that Angel Investors are looking for – existing outstanding network with entrepreneurship ecosystems within seven markets and previous successful track record in running entrepreneurship activities.
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How are we doing?
Today, three out of four 1st batch startups got follow on funding. Sellfy – the one-click e-commerce platform for self-publishers – has scored an angel investment from two Skype alumni and trebled of its customers since June last year — 9,000 sellers, up from 3,000, with 16,000 products current listed for sale. Relead – web-analytics and leads generator for customers in US and Canada – released its public beta in March of last year, secured angel investment and preparing for A round investments. Llamas Valley – iPad magazine – has launched an interactive iPad magazine for En readers, and managed to achieve a nice degree of success – on monthly basis Lithuanian edition averages 40K readers, meanwhile, English web version had 68,000 readers in April. Currently English iPad version is starting to concur its readers again as shift from web version to iPad cut on fans number. Last year Llamas Valley received angel investment.
2nd batch contains Lithuanian startups only. Four out of six startups growing fast and are worth keeping eye on. Place I Live - portal provides unbiased information about the quality of real estate in the country. In 6 months, the company developed its public beta and currently counts 10K users on average. Dragdis – the simplest way to collect and discover the web – has launched private beta version. TV Backstage – a second screen application proving news and gossips about celebrities and athletes – considered to be a perspective startup as second screen becomes more important in TV watching process. withEvent.com is developing mobile applications for festivals and conferences along with a platform that enables even small event organizers to have a mobile presence.
http://www.facebook.com/StartupHighway
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