Eight companies accepted for 11-week program
Robyn Sidersky //February 8, 2024//
Eight companies accepted for 11-week program
Robyn Sidersky// February 8, 2024//
Richmond-based Lighthouse Labs’ next accelerator cohort of eight startups will include companies creating products for the real estate and health care industries. The 16th cohort since Lighthouse Labs opened in 2012 will be part of the program from March 4 to May 17.
The selected companies are:
As part of the cohort, each company gets $20,000 in equity-free funding, educational programming, mentorship and connections with local partners and investors. Lighthouse Labs will host a meet-the-cohort social on March 6 and a demo day on May 14, and both events are open to the public. The first and final weeks of the 11-week program are spent in Richmond, and the other nine are virtual.
More than 250 companies applied for spots in the cohort, according to a news release. From those, 72 were reviewed. Those were narrowed to 18, which participated in interviews, and eight were invited to join the cohort.
“From a record number of stellar applications, Lighthouse Labs selected eight startups that bring innovative solutions, strong teams and a passion for disrupting their industries,” Art Espey, executive director of Lighthouse Labs, said in a statement. “We’re pleased that six of the eight teams are Virginia-based, with another having strong Virginia ties. The industries vary, but all have founders that Lighthouse Labs felt were a fit for our founder-focused program. The team cannot wait to work with each of them.”
Since its founding in 2012, Lighthouse Labs has accelerated 119 companies and invested more than $2.2 million.