A quick look at the 6 new startups graduating from Entrepreneur First Singapore

Entrepreneur First Singapore has unveiled the six teams graduating from its accelerator programme on its demo day.

The six companies tackle pressing industry challenges across ESG investing, microbiome sequencing, warehouse inventory optimisation, e-commerce product recommendation, edutech and R&D manufacturing.

Additionally, Entrepreneur First has announced that it has moved to a quarterly Demo Day model to help founders better ready themselves for fundraising opportunities. The new model in Singapore encourages startups to prioritise fundraising readiness by giving them the option to pick out from an option of demo days rather than one at the end of six months with EF.

Past demo days in Singapore have typically been tied to cohort batches. Any founders, who were not ready by the designated date, would either participate but meet investors too early and miss out on investment or choose to exclude themselves from the group showcase but still get support from EF’s funding team.

Also Read: Differences between AI and Machine Learning, and why it matters

“We moved to a quarterly Demo Day cadence to ensure all of our founders have autonomy on how and when they meet the market. Given the different types of businesses we work with — from hardware to bio to software — each company has a different gestation period. Therefore, a different readiness to raise funding,” said Bernadette Cho, general manager, Entrepreneur First Singapore.

The six teams are:

ESGnie

An AI-powered investment analysis tool that makes custom ESG insights for funds.

OSbiome

A home lab-grade test that helps individuals suffering from chronic gut issues discover their specific preventable triggers via gut microbiome sequencing and analysis.

Powerhouse AI

An AI-powered image-based search engine that eliminates human error and reduces labour around warehouse inventory checks by 60 per cent.

Suggestr

A 30x better e-commerce product recommendation engine, processing 30,000 queries daily.

Quantum Boost

An analysis for real-time experimental data to accelerate R&D manufacturing through machine learning for targeted experiments.

Jackett

An edutech platform that helps teachers create, mark and analyse formative assessments and takes it down from three hours to five mins for any curriculum and in 20-plus languages.

Through its platform running in six cities across three continents, Entrepreneur First invests in high-potential individuals to help them meet their co-founders, develop their ideas and secure funding from leading investors in the shortest possible time. To date, EF has built over 500 companies from scratch, has over 3,000 alumni worldwide, and has a portfolio valued at over SU$5 billion.

Entrepreneur First is backed by some of the world’s well-known tech founders and investors, including Reid Hoffman (LinkedIn), Greylock Partners, Founders Fund, Demis Hassabis (Google Deepmind) and Taavet Hinrikus (TransferWise).

Ready to meet new startups to invest in? We have more than hundreds of startups ready to connect with potential investors on our platform. Create or claim your Investor profile today and turn on e27 Connect to receive requests and fundraising information from them.

The post A quick look at the 6 new startups graduating from Entrepreneur First Singapore appeared first on e27.

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Entrepreneur First Singapore has unveiled the six teams graduating from its accelerator programme on its demo day.

The six companies tackle pressing industry challenges across ESG investing, microbiome sequencing, warehouse inventory optimisation, e-commerce product recommendation, edutech and R&D manufacturing.

Additionally, Entrepreneur First has announced that it has moved to a quarterly Demo Day model to help founders better ready themselves for fundraising opportunities. The new model in Singapore encourages startups to prioritise fundraising readiness by giving them the option to pick out from an option of demo days rather than one at the end of six months with EF.

Past demo days in Singapore have typically been tied to cohort batches. Any founders, who were not ready by the designated date, would either participate but meet investors too early and miss out on investment or choose to exclude themselves from the group showcase but still get support from EF’s funding team.

Also Read: Differences between AI and Machine Learning, and why it matters

“We moved to a quarterly Demo Day cadence to ensure all of our founders have autonomy on how and when they meet the market. Given the different types of businesses we work with — from hardware to bio to software — each company has a different gestation period. Therefore, a different readiness to raise funding,” said Bernadette Cho, general manager, Entrepreneur First Singapore.

The six teams are:

ESGnie

An AI-powered investment analysis tool that makes custom ESG insights for funds.

OSbiome

A home lab-grade test that helps individuals suffering from chronic gut issues discover their specific preventable triggers via gut microbiome sequencing and analysis.

Powerhouse AI

An AI-powered image-based search engine that eliminates human error and reduces labour around warehouse inventory checks by 60 per cent.

Suggestr

A 30x better e-commerce product recommendation engine, processing 30,000 queries daily.

Quantum Boost

An analysis for real-time experimental data to accelerate R&D manufacturing through machine learning for targeted experiments.

Jackett

An edutech platform that helps teachers create, mark and analyse formative assessments and takes it down from three hours to five mins for any curriculum and in 20-plus languages.

Through its platform running in six cities across three continents, Entrepreneur First invests in high-potential individuals to help them meet their co-founders, develop their ideas and secure funding from leading investors in the shortest possible time. To date, EF has built over 500 companies from scratch, has over 3,000 alumni worldwide, and has a portfolio valued at over SU$5 billion.

Entrepreneur First is backed by some of the world’s well-known tech founders and investors, including Reid Hoffman (LinkedIn), Greylock Partners, Founders Fund, Demis Hassabis (Google Deepmind) and Taavet Hinrikus (TransferWise).

Ready to meet new startups to invest in? We have more than hundreds of startups ready to connect with potential investors on our platform. Create or claim your Investor profile today and turn on e27 Connect to receive requests and fundraising information from them.

The post A quick look at the 6 new startups graduating from Entrepreneur First Singapore appeared first on e27.

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