Startmate ramps up early-stage startup valuations to $1.5 million, investing $120,000 in its next cohort
Australian and New Zealand accelerator program Startmate is increasing the investment it makes in startups $75,000 to $120,000 as it goes on the hunt for its summer cohort. It’s also increased the valuations by 50% to $1.5 million, in a move that means the equity investment remains roughly the same, increasingly from 7.5% to 8.5%.… Read more »