Demo Day Showcases Innovative Startups Graduating from Microsoft Ventures Accelerator in Beijing
We recently hosted a Demo Day event to showcase the third class of startups graduating from the Microsoft Ventures Accelerator in Beijing. We also announced 19 startups that will participate in the fourth accelerator class in Beijing. Through the Microsoft Ventures program, we are taking an active role in empowering local entrepreneurs to bring their ideas to life and contribute to China’s innovative next-generation of tech companies.
More than 200 attendees were present to see the startups present their ventures, including representatives from leading VC firms, national media outlets, top mentors, and Microsoft partners. This was a great opportunity for the founders to enveil their unique products and network with the entrepreneurial community.
Since its inception in China in July 2012, the Microsoft Ventures Accelerator in Beijing has provided participating startups with free cloud services, a state-of-the-art workspace and direct market exposure. Through business-model innovation, the application of leading technology, and mentorship in team building, marketing and other business skills, the Accelerator has enhanced the entrepreneurial capabilities of all participants. Moreover, the Accelerator provides access to the capital market, marketing and HR compliance services to support theirgrowth. Accelerator participants have each received an average of RMB 1-1.5 million worth of resources.
In just over a year, 47 startups have received in-depth entrepreneurship support from the Microsoft Ventures Accelerator in Beijing and 90% of them have received recognition and investment from VCs and achieved rapid business growth.
More than 420 startups applied for the Microsoft Ventures Accelerator in Beijing’s fourth class of participants. After multiple rounds of screening, 19 outstanding companies were selected.
Read more about them below:
|TradeHero is a free mobile stock market simulation app that uses real-world stock market information to create an unrivalled global social investment network.|
|Tizi.com has the largest and most comprehensive test question database and courseware resources.|
|Tomoon is a provider of geek consumer electronics and optimized solutions and services.|
|SegmentFault is an online Chinese developer community that provides a technological communication platform for developers.|
|Waqu is a mobile client service provider that helps users discover and watch user-generated videos of interest.|
|Lanmei.fm is a mobile-based social broadcast service enabling users to share their lives with friends through a combination of voice, images and texts.|
|Sumscope provides a platform for real-time information and data services for the RMB fixed income and derivatives markets.|
|Bihang.com, operated by Youjuhui, is a professional bitcoin wallet and application platform in China.|
|Dnurse provides mobile device and services for personalized diabetes service.|
|Works.info provides Digital content copyright protection and monetization service.|
|Mybank provids internet users with finance product information and transaction services.|
|HYDATA is a company that uses computer graphics and image processing techniques to provide integrated visual data interaction solutions for customers in various industries.|
|Supertaxi provides IoT solution based smart taxi service.|
|Runmobile is a mobile internet company providing first-through third-tier stars and ordinary actors with a full range of SOLOMO mobile internet and virtual product solutions and value-added services.|
|Huodongxing.com is the most well-known and influential event ticket platform in the Greater China region.|
|PICOOC is an innovative mobile internet company specializing in high-end wearable devices and smart home devices.|
|QuickBird uses the latest cloud acceleration and compression technology to achieve quicker mobile Internet access at lower data usage.|
|Canshang Taihe provides mobile advertising service dedicated for Windows Phone and Windows 8.|
|Young Dynasty Tech is a company providing individual and group users in China’s primary and middle schools with products and services based on high-level digital content and academic performance diagnosis and assessment services.|
For more details, see the full press release here.