Alchemist Accelerator announces new leadership alongside its latest class of companies

, the enterprise-focused startup incubator, is hosting a Demo Day today for its 31st batch of companies. For many of these companies, it’s the first time they’ve shown their efforts to the world. The accelerator itself, meanwhile, has some news: new leadership. Rachel Chalmers, formerly the head of AlchemistX (a division of Alchemist that helps … Read more

Facebook parent Meta launches startup accelerator with India’s IT ministry in metaverse push

Meta Platforms is looking at India’s burgeoning startup ecosystem as it bolsters its bet on the metaverse. The social juggernaut has partnered with the Indian IT Ministry’s startup hub to launch an accelerator in the country to broaden innovation in emerging technologies including augmented reality and virtual reality, officials said Tuesday. MeitY Startup Hub and … Read more

Y Combinator’s all-star alum and VC Garry Tan returns to take over the accelerator as its chief executive

The Initialized Capital founding partner Garry Tan is taking over as the CEO of Y Combinator. A founder in Y Combinator’s 2008 cohort, Tan served as a partner at the firm from 2010 to 2015. Jen Wolf and Brett Gibson will take over for Tan as managing partners, Initialized said. Garry Tan, the early-stage investor … Read more

Disney accelerator alum Miko celebrates 140-country launch

It looks like is paying off in a big way, as the company is bringing Disney and Pixar characters to its Miko 3 robot for kids. The company launched its Disney collaboration today, available to customers in more than 140 countries. The funky little robot can play animated story books with stories featuring stars from … Read more

Snap will pay 25 Black creators $120k in a new accelerator program

On stage at VidCon, Snap announced its first accelerator program for emerging Black creators. Over the course of a year, Snap will pay 25 selected $10,000 a month ($120,000 total) to help launch their careers, marking a $3 million total investment. This program is part of Snap’s initiative, which aims to support underrepresented creators. Snap … Read more

Starburst acquires data lake analytics accelerator Varada to challenge Snowflake

, the data warehouse analytics service and data query engine based on the open-source Trino project, today announced that it has acquired , a Tel Aviv-based startup that focuses on data lake analytics. Using Varada’s proprietary indexing technology, enterprises can easily operationalize their data lakes, a capability that neatly extends Starburst’s query engine. This, Starburst … Read more